Segment Information (Tables)

9 Months Ended

Nov. 01, 2014

Segment Reporting [Abstract]

Sales and Division Operating Results for Reportable Segments

Sales and division profit for the Company’s reportable segments for the thirteen weeks and thirty-nine weeks ended November 1, 2014 and November 2, 2013 are presented below.

	Thirteen weeks ended				Thirty-nine weeks ended
Sales	November 1,		November 2,		November 1,		November 2,
(in millions)	2014		2013		2014		2013
Athletic Stores	$	1,521	$	1,444	$	4,646	$	4,228
Direct-to-Customers		210		178		594		486
Total sales	$	1,731	$	1,622	$	5,240	$	4,714
Operating Results
(in millions)
Athletic Stores (1)	$	181	$	159	$	577	$	486
Direct-to-Customers (2)		25		20		67		53
Division profit		206		179		644		539
Less: Corporate expense, net		19		17		59		56
Operating profit		187		162		585		483
Other income (3)		1		—		3		3
Interest expense, net		1		2		3		4
Income before income taxes	$	187	$	160	$	585	$	482

 

⁽¹⁾ Included in the Athletic Stores segment for the thirty-nine weeks ended November 1, 2014 is a $1 million tradename impairment charge related to the Company’s stores in the Republic of Ireland. Included in the Athletic Stores segment for the thirty-nine weeks ended November 2, 2013 is a $2 million charge recorded in connection with the closure of all CCS stores.

⁽²⁾ Included in the Direct-to-Customers segment for the thirty-nine weeks ended November 1, 2014 is a $2 million impairment charge related to the CCS tradename.

⁽³⁾ 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.