Segment Reporting (Tables)

3 Months Ended

May 01, 2021

Segment Reporting [Abstract]

Reconcile Segment Operating Performance Measure Operating (Loss) Income

Our CEO analyzes segment results and allocates resources based on adjusted operating income (loss). Adjusted operating income (loss) is defined as operating income excluding impairment and restructuring.  Adjusted operating income (loss) may not be comparable to similarly titled measures of other companies.  Adjusted operating income (loss) on a consolidated basis is presented in the following table to reconcile the segment operating performance measure to operating (loss) income as presented on the Consolidated Financial Statements.

(in thousands)	American Eagle			Aerie			Corporate(1)			Total(2)
13 weeks ended May 1, 2021
Total net revenue	$	727,702		$	297,487		$	9,425		$	1,034,614
Operating income (loss)	$	151,232		$	69,978		$	(87,783	)	$	133,427
Capital Expenditures	$	13,439		$	10,819		$	12,548		$	36,806
13 weeks ended May 2, 2020
Total net revenue	$	390,250		$	154,981		$	6,461		$	551,692
Operating loss	$	(213,749	)	$	(19,129	)	$	(125,362	)	$	(358,240	)
Impairment and restructuring charges		90,926			18,215			46,478			155,619
Adjusted Operating loss	$	(122,823	)	$	(914	)	$	(78,884	)	$	(202,621	)
Capital Expenditures	$	8,099		$	8,788		$	17,023		$	33,910

(1) Corporate includes revenue and operating results of the Todd Snyder and Unsubscribed brands, which 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 items, which are not allocated to our reportable segments:
- For the 13 weeks ended May 1, 2021, interest expense, net of $8.5 million and other (income) expense, net of ($1.9) million
- For the 13 weeks ended May 2, 2020, interest expense, net of $0.1 million and other (income) expense, net of $3.0 million.

Summary of Geographical Information

The following table present summarized geographical information:

	13 Weeks Ended
(In thousands)	May 1, 2021		May 2, 2020
Total net revenue:
United States	$	909,659	$	488,876
Foreign (1)		124,955		62,816
Total net revenue	$	1,034,614	$	551,692

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

Consolidated Percentage of Total Net Revenue from Operations Attributable to Each Merchandise Category

Through its portfolio of brands, the Company offers on-trend clothing, accessories, and personal care products (collectively “merchandise”). The following table sets forth the approximate consolidated percentage of total net revenue from operations attributable to each merchandise category:

	13 Weeks Ended
Total revenue (in thousands)	May 1, 2021			May 2, 2020
American Eagle merchandise	$	727,702		$	390,250
Aerie merchandise		297,487			154,981
Total merchandise(1)	$	1,025,189		$	545,231
As a percentage of total revenue
American Eagle merchandise		70	%		71	%
Aerie merchandise		29	%		28	%
Total merchandise(1)		99	%		99	%

(1) Total does not include Todd Snyder and Unsubscribed merchandise as it is not material.