Segment Reporting and Geographic Information

6 Months Ended

Jul. 29, 2017

Segment Reporting and Geographic Information

Segment Reporting and Geographic Information

(10)   Segment Reporting and Geographic Information

The following table reconciles the segment activity to the consolidated statement of operations for the three and six months ended July 29, 2017 and the consolidated balance sheet as of July 29, 2017:

(amounts in thousands)	Cherokee Global Brands		Hi-Tec		Consolidated
Three months ended July 29, 2017
Royalty revenues	$	5,636	$	2,375	$	8,011
Indirect product sales		—		5,945		5,945
Amortization of intangible assets		124		79		203
Other (expense) income , net		(979)		(673)		(1,652)
Income tax provision		1,356		646		2,002
Net loss	$	(2,363)	$	(2,262)	$	(4,625)
Six months ended July 29, 2017
Royalty revenues	$	10,816	$	4,035	$	14,851
Indirect product sales		—		10,219		10,219
Amortization of intangible assets		348		121		469
Other (expense) income , net		(1,856)		(1,423)		(3,279)
Income tax  provision		347		1,207		1,554
Net loss	$	(3,650)	$	(4,234)	$	(7,884)
Goodwill		100		15,545		15,645
Total assets		64,097		87,656		151,753

Royalty revenues by geographic area based upon the licensees’ country of domicile consisted of the following:

	Three Months Ended				Six Months Ended
(amounts in thousands)	July 29, 2017		July 30, 2016		July 29, 2017		July 30, 2016
U.S. and Canada	$	3,858	$	5,869	$	7,077	$	13,990
Asia		1,148		1,092		2,253		2,194
Latin America		843		621		1,394		1,175
Africa		686		342		1,153		602
United Kingdom and Europe		983		63		2,074		218
All Others		493		486		900		972
Total	$	8,011	$	8,473	$	14,851	$	19,151

Long-lived tangible assets were located in the U.S., United Kingdom and Europe, Mexico and Asia with net values of approximately $619,  $489,  $158 and $2, respectively, as of July 29, 2017 and with net values of approximately $750,  $349,  $196 and $16, respectively, as of January 28, 2017.