Segment Reporting (Tables)

3 Months Ended

May 03, 2014

Segment data is presented in the following tables:

Three months ended May 3, 2014



	Stores		Direct Marketing		Corporate and Other			Total
	(In thousands)
Net sales ^(a)	$	180,815	$	26,046	$	10,561		$	217,422
Depreciation and amortization	5,913		203		1,285			7,401
Operating income (loss) ^(b)	30,452		5,143		(96,300		)	(60,705		)
Capital expenditures ^(c)	4,370		1		1,454			5,825

Three months ended May 4, 2013



	Stores		Direct Marketing		Corporate and Other			Total
	(In thousands)
Net sales ^(a)	$	165,910	$	20,887	$	9,258		$	196,055
Depreciation and amortization	6,094		204		1,195			7,493
Operating income (loss) ^(b)	26,462		5,620		(19,129		)	12,953
Capital expenditures ^(c)	5,106		7		782			5,895

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(a)

Stores net sales represent all Full-line Store sales. Direct Marketing net sales represent catalog call center and Internet sales. Net sales from operating segments below the GAAP quantitative thresholds are attributable primarily to our two other operating segments — Factory stores and Franchise stores. These operating segments have never met any of the quantitative thresholds for determining reportable segments and are included in “Corporate and Other.”

(b)

Operating income (loss) for the Stores and Direct Marketing segments represents profit before allocations of overhead from the corporate office and the distribution centers (except order fulfillment costs which are allocated to Direct Marketing), interest and income taxes (“four wall” contribution). Total Company shipping costs to customers of approximately $3.4 million and $4.7 million for the first quarter of fiscal years 2013 and 2014, respectively, were recorded to “Sales and marketing, including occupancy costs” in the Condensed Consolidated Statements of Income. Operating income (loss) for “Corporate and Other” consists primarily of costs included in general and administrative costs and strategic activity costs (in fiscal year 2014) and operating income or loss related to the Factory stores and the Franchise stores operating segments. Total operating income represents profit before interest and income taxes.


(c)	Capital expenditures include payments for property, plant and equipment made for the reportable segment.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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