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Segment Information
3 Months Ended
May 03, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company’s businesses are grouped into five reportable segments for management and internal financial reporting purposes: North American Retail, Europe, Asia, North American Wholesale and Licensing. Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before restructuring charges, if any. The Company believes this segment reporting reflects how its five business segments are managed and each segment’s performance is evaluated. The North American Retail segment includes the Company’s retail and e-commerce operations in North America and its retail operations in Central and South America. The Europe segment includes the Company’s wholesale, retail and e-commerce operations in Europe and the Middle East. The Asia segment includes the Company’s wholesale, retail and e-commerce operations in Asia. The North American Wholesale segment includes the Company’s wholesale operations in North America and Central and South America. The Licensing segment includes the worldwide licensing operations of the Company. The business segment operating results exclude corporate overhead costs, which consist of shared costs of the organization, and restructuring charges. These costs are presented separately and generally include, among other things, the following unallocated corporate costs: accounting and finance, executive compensation, facilities, global advertising and marketing, human resources, information technology and legal.
Net revenue and earnings (loss) from operations are summarized as follows for the three months ended May 3, 2014 and May 4, 2013 (in thousands):
    
 
Three Months Ended
 
May 3, 2014
 
May 4, 2013
Net revenue:
 

 
 

North American Retail
$
228,344

 
$
238,311

Europe
159,158

 
165,392

Asia
70,118

 
71,132

North American Wholesale
39,308

 
43,829

Licensing
25,613

 
30,250

Total net revenue
$
522,541

 
$
548,914

Earnings (loss) from operations:
 

 
 

North American Retail
$
(8,399
)
 
$
(4,233
)
Europe
(6,632
)
 
(5,218
)
Asia
3,353

 
6,964

North American Wholesale
7,753

 
8,649

Licensing
22,721

 
26,204

Corporate Overhead
(20,773
)
 
(18,704
)
Restructuring Charges

 
(2,337
)
Total earnings (loss) from operations
$
(1,977
)
 
$
11,325


Due to the seasonal nature of the Companys business segments, the above net revenue and operating results are not necessarily indicative of the results that may be expected for the full fiscal year. Restructuring charges incurred during the three months ended May 4, 2013 related to plans to streamline the Company’s structure and reduce expenses in Europe and North America. Refer to Note 6 for more information regarding these restructuring charges.