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Segment Reporting (Tables)
 12 Months Ended
Jan. 29, 2022
Segment Reporting [Abstract]  
Summary of Reportable Segment Information

Reportable segment information is presented in the following table:

(in thousands)

American Eagle

 

 

Aerie

 

 

Corporate and Other(1)

 

 

Total(2)

 

For the year ended January 29, 2022

 

 

 

 

 

 

 

 

 

 

 

Total net revenue

$

3,555,706

 

 

$

1,376,269

 

 

$

78,810

 

 

$

5,010,785

 

Operating income (Ioss)

$

785,729

 

 

$

212,287

 

 

$

(406,951

)

 

$

591,065

 

Asset Impairment

$

10,231

 

 

$

1,713

 

 

$

-

 

 

$

11,944

 

Adjusted operating income (loss)

$

795,960

 

 

$

214,000

 

 

$

(406,951

)

 

$

603,009

 

Depreciation and Amortization

$

59,641

 

 

$

33,834

 

 

$

73,306

 

 

$

166,781

 

Capital expenditures

$

47,106

 

 

$

80,062

 

 

$

106,679

 

 

$

233,847

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended January 30, 2021

 

 

 

 

 

 

 

 

 

 

 

Total net revenue

$

2,733,849

 

 

$

989,989

 

 

$

35,275

 

 

$

3,759,113

 

Operating income (Ioss)

$

93,029

 

 

$

60,298

 

 

$

(424,672

)

 

$

(271,345

)

Impairment, restructuring and COVID-19 related charges

$

144,486

 

 

$

52,849

 

 

$

82,491

 

 

$

279,826

 

Adjusted operating income (loss)

$

237,515

 

 

$

113,147

 

 

$

(342,181

)

 

$

8,481

 

Depreciation and Amortization

$

63,019

 

 

$

26,647

 

 

$

72,736

 

 

$

162,402

 

Capital expenditures

$

36,606

 

 

$

32,723

 

 

$

58,646

 

 

$

127,975

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended February 1, 2020

 

 

 

 

 

 

 

 

 

 

 

Total net revenue

$

3,479,592

 

 

$

801,035

 

 

$

27,585

 

 

$

4,308,212

 

Operating income (loss)

$

484,078

 

 

$

47,465

 

 

$

(298,198

)

 

$

233,345

 

Impairment and restructuring charges

$

41,657

 

 

$

20,261

 

 

$

18,576

 

 

$

80,494

 

Adjusted operating Income (loss)

$

525,735

 

 

$

67,726

 

 

$

(279,622

)

 

$

313,839

 

Depreciation and Amortization

$

75,889

 

 

$

22,578

 

 

$

80,583

 

 

$

179,050

 

Capital expenditures

$

98,699

 

 

$

56,283

 

 

$

55,378

 

 

$

210,360

 

 

(1)
Corporate and Other includes revenue and operating results of the Todd Snyder brand, Unsubscribed brand, and Supply Chain Platform, which have been identified as separate operating segments, but are not material to disclose as separate reportable segments. Corporate operating costs represents certain costs that are not directly attributable to another reportable segment.

 

(2)
The difference between Operating income (loss) and Income (loss) before income taxes includes the following, which are not allocated to our reportable segments:

- For Fiscal 2021: interest expense (income), net of $34.6 million and other income, net of $2.5 million

- For Fiscal 2020: interest expense (income), net of $24.6 million and other income, net of $3.7 million

- For Fiscal 2019: interest expense (income), net of ($6.2) million and other income, net of $5.7 million

Summary of Geographical Information

The following tables present summarized geographical information.

 

 

 

For the Years Ended

 

 

 

January 29,

 

 

January 30,

 

 

February 1,

 

(In thousands)

 

2022

 

 

2021

 

 

2020

 

Total net revenue:

 

 

 

 

 

 

 

 

 

United States

 

$

4,336,806

 

 

$

3,295,028

 

 

$

3,710,270

 

Foreign (1)

 

 

673,979

 

 

 

464,085

 

 

 

597,942

 

Total net revenue

 

$

5,010,785

 

 

$

3,759,113

 

 

$

4,308,212

 

 

(1)
Amounts represent sales from American Eagle and Aerie international retail stores, and e-commerce sales that are billed to and/or shipped to foreign countries and international franchise royalty revenue.

 

 

 

 

January 29,

 

 

January 30,

 

(In thousands)

 

2022

 

 

2021

 

Long-lived assets, net:

 

 

 

 

 

 

United States

 

$

2,137,835

 

 

$

1,705,561

 

Foreign

 

 

157,575

 

 

 

144,544

 

Total long-lived assets, net

 

$

2,295,410

 

 

$

1,850,105