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Segment Information
9 Months Ended
Oct. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s businesses are grouped into five reportable segments for management and internal financial reporting purposes: Americas Retail, Americas Wholesale, Europe, Asia and Licensing. The Company’s Americas Retail, Americas Wholesale, Europe and Licensing reportable segments are the same as their respective operating segments. Certain components of the Company’s Asia operating segment are separate operating segments based on region, which have been aggregated into the Asia reportable segment for disclosure purposes.
Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before corporate performance-based compensation costs, asset impairment charges, net gains (losses) on lease modifications, restructuring charges and certain non-recurring credits (charges), if any. The Company believes this segment reporting reflects how its business segments are managed and how each segment’s performance is evaluated by the Company’s chief operating decision maker to assess performance and make resource allocation decisions.
Net revenue and earnings (loss) from operations are summarized (in thousands):    
 Three Months EndedNine Months Ended
 Oct 30, 2021Oct 31, 2020Oct 30, 2021Oct 31, 2020
Net revenue:  
Americas Retail$169,617 $130,328 $511,449 $314,977 
Americas Wholesale58,999 35,971 154,287 82,131 
Europe330,736 321,574 895,311 633,898 
Asia57,137 61,978 160,610 152,554 
Licensing26,581 19,433 70,039 44,514 
Total net revenue$643,070 $569,284 $1,791,696 $1,228,074 
Earnings (loss) from operations:  
Americas Retail$24,070 $473 $82,260 $(40,904)
Americas Wholesale17,316 8,247 41,815 11,559 
Europe44,509 51,476 100,124 27,865 
Asia(2,399)1,415 (9,054)(24,729)
Licensing24,402 18,228 63,987 39,833 
Total segment earnings from operations107,898 79,839 279,132 13,624 
Corporate overhead(38,069)(25,058)(95,960)(71,167)
Asset impairment charges1
(1,152)(10,335)(3,094)(75,276)
Net gains (losses) on lease modifications2
(3,006)21 (441)450 
Total earnings (loss) from operations$65,671 $44,467 $179,637 $(132,369)
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Notes:
1.During the three and nine months ended October 30, 2021 and October 31, 2020, the Company recognized asset impairment charges related primarily to impairment of certain operating lease ROU assets and impairment of property and equipment related to certain retail locations resulting from lower revenue and future cash flow projections from the ongoing effects of the COVID-19 pandemic and expected store closures. Refer to Note 2 and Note 15 for more information regarding these asset impairment charges.
2.During the three and nine months ended October 30, 2021 and October 31, 2020, amounts recorded represent net gains (losses) on lease modifications related primarily to the early termination of certain lease agreements.
The below presents information regarding geographic areas in which the Company operated. Net revenue is classified primarily based on the country where the Company’s customer is located (in thousands):
 Three Months EndedNine Months Ended
 Oct 30, 2021Oct 31, 2020Oct 30, 2021Oct 31, 2020
Net revenue:  
U.S.$165,077 $116,205 $502,408 $282,872 
Italy62,835 77,050 175,191 133,073 
Germany46,314 43,321 133,196 88,059 
Canada41,447 31,691 102,512 72,542 
Spain34,000 30,217 91,244 63,594 
South Korea35,383 32,681 89,994 82,997 
Other foreign countries231,433 218,686 627,112 460,423 
Total product sales616,489 549,851 1,721,657 1,183,560 
Net royalties26,581 19,433 70,039 44,514 
Net revenue$643,070 $569,284 $1,791,696 $1,228,074 
Due to the seasonal nature of the Company’s 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.