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Segment Information (Tables)
9 Months Ended
Oct. 28, 2017
Segment Reporting [Abstract]  
Summary of net revenue and earnings (loss) from operations by segment
Net revenue and earnings (loss) from operations are summarized as follows for the three and nine months ended October 28, 2017 and October 29, 2016 (in thousands):    
 
Three Months Ended
 
Nine Months Ended
 
Oct 28, 2017
 
Oct 29, 2016
 
Oct 28, 2017
 
Oct 29, 2016
Net revenue:
 

 
 

 
 
 
 
Americas Retail
$
187,021

 
$
215,862

 
$
561,903

 
$
646,573

Europe (1)
221,230

 
186,289

 
641,833

 
532,847

Asia (1)
74,322

 
63,617

 
200,436

 
171,255

Americas Wholesale (1)
45,636

 
46,785

 
114,151

 
111,354

Licensing
25,929

 
23,768

 
68,088

 
68,066

Total net revenue
$
554,138

 
$
536,321

 
$
1,586,411

 
$
1,530,095

Earnings (loss) from operations:
 

 
 

 
 
 
 
Americas Retail (1)
$
(4,670
)
 
$
(10,505
)
 
$
(33,654
)
 
$
(22,279
)
Europe (1)
6,678

 
11,597

 
30,749

 
16,221

Asia (1)
2,718

 
(1,962
)
 
5,055

 
(5,251
)
Americas Wholesale (1)
8,241

 
8,142

 
20,011

 
18,211

Licensing (1)
23,532

 
20,119

 
61,019

 
60,325

Total segment earnings from operations
36,499


27,391


83,180

 
67,227

Corporate overhead (1)
(23,942
)
 
(11,466
)
 
(68,899
)
 
(58,660
)
Net gains (losses) on lease terminations (1) (2)
(11,494
)
 

 
(11,494
)
 
695

Asset impairment charges (1) (3)
(2,018
)
 
(802
)
 
(6,013
)
 
(1,457
)
Restructuring charges (4)

 

 

 
(6,083
)
Total earnings (loss) from operations
$
(955
)

$
15,123


$
(3,226
)
 
$
1,722

__________________________________
(1)
During the first quarter of fiscal 2018, net revenue and related costs and expenses for certain globally serviced customers were reclassified into the segment primarily responsible for the relationship. During the third quarter of fiscal 2018, segment results were also adjusted to exclude corporate performance-based compensation costs, net gains (losses) on lease terminations and asset impairment charges due to the fact that these items are no longer included in the segment results provided to the Company’s chief operating decision maker in order to allocate resources and assess performance. Accordingly, segment results have been adjusted for the nine months ended October 28, 2017 as well as the three and nine months ended October 29, 2016 to conform to the current period presentation.
(2)
During the three and nine months ended October 28, 2017, the Company recorded net losses on lease terminations related primarily to the modification of certain lease agreements held with a common landlord in North America. During the nine months ended October 29, 2016, the Company recorded net gains on lease terminations related primarily to the early termination of certain lease agreements in Europe. The net gains on lease terminations were recorded during the first and second quarters of fiscal 2017. Refer to Note 1 for more information regarding the net gains (losses) on lease terminations.
(3)
During each of the periods presented, the Company recognized asset impairment charges for certain retail locations resulting from under-performance and expected store closures. Refer to Note 14 for more information regarding these asset impairment charges.
(4)
Restructuring charges incurred during the nine months ended October 29, 2016 related to plans to better align the Company’s global cost and organizational structure with its current strategic initiatives. Refer to Note 6 for more information regarding these restructuring charges.