BUSINESS SEGMENT AND GEOGRAPHIC AREA INFORMATION

12 Months Ended

Dec. 31, 2011

BUSINESS SEGMENT AND GEOGRAPHIC AREA INFORMATION [Abstract]

BUSINESS SEGMENT AND GEOGRAPHIC AREA INFORMATION

BUSINESS SEGMENT AND GEOGRAPHIC AREA INFORMATION

        We identify operating segments based on, among other things, differences in products sold and the way our management organizes the components of our business for purposes of allocating resources and assessing performance. With the addition of Kurt Geiger on June 2, 2011, we have redefined our reportable operating segments to better reflect our expanding international operations. Our operations are now comprised of six reportable segments: domestic wholesale sportswear, domestic wholesale jeanswear, domestic wholesale footwear and accessories, domestic retail, international wholesale and international retail. Segment revenues are generated from the sale of apparel, footwear and accessories through wholesale channels and our own retail locations. The wholesale segments include wholesale operations with third party department and other retail stores, the retail segments include operations by our own stores, concession locations and e-commerce web sites, and income and expenses related to trademarks, licenses and general corporate functions are reported under "licensing, other and eliminations."

        We define segment income as operating income before net interest expense, goodwill impairment charges, gains or losses on sales of subsidiaries, equity in earnings of unconsolidated affiliates and income taxes. Sales and transfers between segments generally are recorded at cost and treated as transfers of inventory, which are not reviewed when evaluating segment performance. The wholesale segments allocate to the retail segments a portion of their SG&A costs related to the services utilized by those divisions where the retail operations benefit from those costs.

        Summarized below are our revenues, income, depreciation and amortization and total assets by reportable segment for 2011, 2010 and 2009. We are an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations, and sharing of assets. Therefore, we do not represent that these segments, if operated independently, would report the operating profit and other financial information shown below.

(In millions)			Domestic Wholesale Sportswear		Domestic Wholesale Jeanswear		Domestic Wholesale Footwear & Accessories		Domestic Retail			International Wholesale			International Retail		Licensing, Other & Eliminations			Consolidated
For the year ended December 31, 2011
	Revenues	$	892.3	$	773.7	$	848.0	$	631.2		$	329.5		$	260.4	$	50.2		$	3,785.3
	Segment income (loss)	$	74.0	$	49.6	$	40.9	$	(37.9	)	$	35.5		$	6.9	$	(28.5	)		140.5
	Net interest expense																			(73.3	)
	Equity in income of unconsolidated affiliate																			3.9
	Income before provision for income taxes																		$	71.1
	Depreciation and amortization	$	9.0	$	1.2	$	10.4	$	17.2		$	4.3		$	12.9	$	49.8		$	104.8
For the year ended December 31, 2010
	Revenues	$	965.2	$	819.9	$	841.5	$	651.2		$	269.6		$	47.0	$	48.3		$	3,642.7
	Segment income (loss)	$	80.4	$	72.3	$	53.7	$	(45.5	)	$	25.8		$	6.7	$	(48.5	)		144.9
	Net interest expense																			(58.9	)
	Equity in loss of unconsolidated affiliate																			(0.9	)
	Income before provision for income taxes																		$	85.1
	Depreciation and amortization	$	17.9	$	1.2	$	18.6	$	17.4		$	1.2		$	1.3	$	56.3		$	113.9
For the year ended December 31, 2009
	Revenues	$	892.6	$	815.2	$	697.4	$	648.1		$	186.1		$	41.2	$	46.8		$	3,327.4
	Segment income (loss)	$	73.3	$	65.6	$	51.1	$	(74.9	)	$	(1.8	)	$	3.2	$	(8.0	)		108.5
	Net interest expense																			(52.8	)
	Goodwill impairment																			(120.6	)
	Loss and costs associated with repurchase of 4.250% Senior Notes																			(1.5	)
	Equity in loss of unconsolidated affiliate																			(3.7	)
	Loss before provision for income taxes																		$	(70.1	)
	Depreciation and amortization	$	12.5	$	1.3	$	7.9	$	20.7		$	1.2		$	0.7	$	47.4		$	91.7
Total Assets
	December 31, 2011	$	1,034.7	$	638.6	$	1,001.3	$	254.6		$	238.7		$	396.4	$	(849.0	)	$	2,715.3
	December 31, 2010		771.5		661.6		849.5		217.9			173.1			13.6		(354.8	)		2,332.4
	December 31, 2009		709.9		554.7		372.8		189.1			125.6			5.0		67.9			2,025.0

        Revenues from external customers and long-lived assets excluding deferred taxes related to continuing operations in the United States and foreign countries are as follows:

On or for the Year Ended December 31,		2011		2010		2009
(In millions)
Revenues from external customers:
United States	$	3,119.2	$	3,245.2	$	3,033.6
United Kingdom		216.1		11.9		15.2
Canada		152.2		136.5		128.9
Other foreign countries		297.8		249.1		149.7
	$	3,785.3	$	3,642.7	$	3,327.4
Long-lived assets:
United States	$	1,100.2	$	1,188.6	$	908.4
United Kingdom		335.4		-		-
Other foreign countries		124.2		52.7		47.5
	$	1,559.8	$	1,241.3	$	955.9