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Segment Information (Details)
$ in Thousands
3 Months Ended
May 05, 2018
USD ($)
segment
Apr. 29, 2017
USD ($)
Segment Reporting Information    
Number of reportable segments | segment 5  
Net revenue [1],[2] $ 521,289 $ 454,345
Royalty revenue 19,784 16,025
Earnings (loss) from operations [1],[3] (24,888) (24,975)
Net gains on lease terminations (152) 0
Asset impairment charges (759) (2,762)
Selling, general and administrative expenses 198,219 166,855
Corporate overhead    
Segment Reporting Information    
Earnings (loss) from operations [1],[3],[4] (25,845) (20,409)
Reconciling items    
Segment Reporting Information    
Net gains on lease terminations [4],[5] (152) 0
Asset impairment charges [4],[6] (759) (2,762)
Americas Retail | Operating Segments    
Segment Reporting Information    
Net revenue 171,340 173,694
Earnings (loss) from operations [1],[4],[7] (5,680) (21,581)
Americas Wholesale | Operating Segments    
Segment Reporting Information    
Net revenue 40,679 35,857
Earnings (loss) from operations [1],[4],[7] 6,026 6,983
Europe | Operating Segments    
Segment Reporting Information    
Net revenue 205,435 165,388
Earnings (loss) from operations [3],[4],[7] (20,333) (1,006)
Asia | Operating Segments    
Segment Reporting Information    
Net revenue 84,051 63,381
Earnings (loss) from operations [4],[7] 4,065 339
Licensing | Operating Segments    
Segment Reporting Information    
Royalty revenue [1],[2] 19,784 16,025
Earnings (loss) from operations [1],[4],[7] 17,486 13,461
Operating Segments    
Segment Reporting Information    
Earnings (loss) from operations [1],[3],[4] 1,564 $ (1,804)
Accounting Standards Update 2014-09 | Impact from adoption of new revenue recognition guidance    
Segment Reporting Information    
Net revenue 2,300  
Earnings (loss) from operations (1,000)  
Selling, general and administrative expenses 3,300  
Accounting Standards Update 2014-09 | Impact from adoption of new revenue recognition guidance | Corporate overhead    
Segment Reporting Information    
Selling, general and administrative expenses 600  
Accounting Standards Update 2014-09 | Impact from adoption of new revenue recognition guidance | Americas Retail | Operating Segments    
Segment Reporting Information    
Selling, general and administrative expenses 1,800  
Accounting Standards Update 2014-09 | Impact from adoption of new revenue recognition guidance | Americas Wholesale | Operating Segments    
Segment Reporting Information    
Selling, general and administrative expenses 700  
Accounting Standards Update 2014-09 | Impact from adoption of new revenue recognition guidance | Licensing | Operating Segments    
Segment Reporting Information    
Royalty revenue 2,300  
Selling, general and administrative expenses $ 200  
[1] During the first quarter of fiscal 2019, the Company adopted a comprehensive new revenue recognition standard using a modified retrospective method that does not restate prior periods to be comparable to the current period presentation. The adoption of this guidance primarily impacted the presentation of advertising contributions received from the Company’s licensees and the related advertising expenditures incurred by the Company. The adoption of this guidance resulted in an increase in net royalty revenue within the Company’s Licensing segment of $2.3 million, as well as an increase in SG&A expenses in our Americas Retail, Americas Wholesale and Licensing segments as well as corporate overhead of $1.8 million, $0.7 million, $0.2 million and $0.6 million, respectively, during the three months ended May 5, 2018 compared to the same prior-year period. The net unfavorable impact on loss from operations was approximately $1.0 million during the three months ended May 5, 2018 compared to the same prior-year period. Refer to Note 1 for more information regarding the impact from the adoption of this new standard.
[2] During the fourth quarter of fiscal 2018, the Company reclassified net royalties received on the Company’s inventory purchases of licensed product from net revenue to cost of product sales to reflect its treatment as a reduction of the cost of such licensed product. Accordingly, net revenue for the three months ended April 29, 2017 has been adjusted to conform to the current period presentation. This reclassification had no impact on previously reported loss from operations.
[3] During the first quarter of fiscal 2019, the Company adopted new authoritative guidance which requires that the non-service components of net periodic defined benefit pension cost be presented outside of earnings (loss) from operations. Accordingly, loss from operations and segment results for the three months ended April 29, 2017 have been adjusted to conform to the current period presentation.
[4] During the third quarter of fiscal 2018, segment results were 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 three months ended April 29, 2017 to conform to the current period presentation.
[5] During the three months ended May 5, 2018, the Company recorded net gains on lease terminations related primarily to the early termination of certain lease agreements in North America. Refer to Note 1 for more information regarding the net gains on lease terminations.
[6] 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.
[7] During the first quarter of fiscal 2019, the Company changed the segment accountability for funds received from licensees on the Company’s purchases of its licensed products. These amounts were treated as a reduction of cost of product sales within the Licensing segment but now are considered in the results of the segments that control the respective purchases for purposes of segment performance evaluation. Accordingly, segment results for the three months ended April 29, 2017 have been adjusted to conform to the current period presentation.