Segment Information

3 Months Ended

May 03, 2014

Segment Reporting [Abstract]

Segment Information

2. Segment Information

The Company has determined that its reportable segments are those that are based on its method of internal reporting. As of May 3, 2014, the Company has two reportable segments, Athletic Stores and Direct-to-Customers. The Company evaluates performance based on several factors, of which the primary financial measure is division results. Division profit reflects income before income taxes, corporate expense, non-operating income, and net interest expense.

Sales

	Thirteen weeks ended
	May 3,		May 4,
(in millions)	2014		2013
Athletic Stores	$	1,657	$	1,471
Direct-to-Customers		211		167
Total sales	$	1,868	$	1,638

Operating Results

	Thirteen weeks ended
	May 3,		May 4,
(in millions)	2014		2013
Athletic Stores	$	247	$	211
Direct-to-Customers		28		23
Division profit		275		234
Less: Corporate expense, net		21		19
Operating profit		254		215
Interest expense, net		1		1
Other income (1)		1		2
Income before income taxes	$	254	$	216

⁽¹⁾ Other income includes non-operating items, such as lease termination gains, royalty income, and the changes in fair value, premiums paid and realized gains associated with foreign currency option contracts.