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Business Segments | 6 Months Ended
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Jul. 30, 2022
Segment Reporting [Abstract] |
Business Segments | Note 3. Business Segments The Company operates in two reportable segments: the operation of retail department stores (“retail operations”) and a general contracting construction company (“construction”). For the Company’s retail operations, the Company determined its operating segments on a store by store basis. Each store’s operating performance has been aggregated into one reportable segment. The Company’s operating segments are aggregated for financial reporting purposes because they are similar in each of the following areas: economic characteristics, class of consumer, nature of products and distribution methods. Revenues from external customers are derived from merchandise sales, and the Company does not rely on any major customers as a source of revenue. Across all stores, the Company operates one store format under the Dillard’s name where each store offers the same general mix of merchandise with similar categories and similar customers. The Company believes that disaggregating its operating segments would not provide meaningful additional information. The following table summarizes the percentage of net sales by segment and major product line: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended |  | Six Months Ended |
​ | ​ | July 30, | ​ | July 31, | ​ | July 30, | ​ | July 31, | ​
​ | ​ | 2022 |  | 2021 | ​ | 2022 |  | 2021 |
Retail operations segment | ​ |  | ​ |  | ​ |  | ​ |  |
Cosmetics |  | 14 | % | 13 | % | 13 | % | 14 | %
Ladies’ apparel |  | 23 |  | 24 |  | 23 |  | 23 | ​
Ladies’ accessories and lingerie |  | 15 |  | 15 |  | 14 |  | 15 | ​
Juniors’ and children’s apparel |  | 8 |  | 9 |  | 10 |  | 10 | ​
Men’s apparel and accessories |  | 21 |  | 20 |  | 20 |  | 19 | ​
Shoes |  | 14 |  | 14 |  | 15 |  | 14 | ​
Home and furniture |  | 3 |  | 3 |  | 3 |  | 3 | ​
​ |  | 98 |  | 98 |  | 98 |  | 98 | ​
Construction segment |  | 2 |  | 2 |  | 2 |  | 2 | ​
Total |  | 100 | % | 100 | % | 100 | % | 100 | %
​ The following tables summarize certain segment information, including the reconciliation of those items to the Company’s consolidated operations: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Retail |  | ​ | ​ |  | ​ | ​
(in thousands of dollars) | ​ | Operations | ​ | Construction | ​ | Consolidated
Three Months Ended July 30, 2022 |  | ​ |  |  | ​ |  |  | ​ |
Net sales from external customers | ​ | $ | 1,552,658 | ​ | $ | 35,962 | ​ | $ | 1,588,620
Gross margin | ​ |  | 644,921 | ​ |  | 2,482 | ​ |  | 647,403
Depreciation and amortization | ​ |  | 47,863 | ​ |  | 56 | ​ |  | 47,919
Interest and debt expense (income), net | ​ |  | 9,601 | ​ |  | (12) | ​ |  | 9,589
Income before income taxes | ​ |  | 209,960 | ​ |  | 619 | ​ |  | 210,579
Total assets | ​ |  | 3,174,436 | ​ |  | 47,167 | ​ |  | 3,221,603
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three Months Ended July 31, 2021 | ​ |  |  | ​ |  |  | ​ |  |
Net sales from external customers | ​ | $ | 1,539,396 | ​ | $ | 30,982 | ​ | $ | 1,570,378
Gross margin | ​ |  | 641,240 | ​ |  | 1,928 | ​ |  | 643,168
Depreciation and amortization | ​ |  | 49,981 | ​ |  | 62 | ​ |  | 50,043
Interest and debt expense (income), net | ​ |  | 10,782 | ​ |  | (11) | ​ |  | 10,771
Income before income taxes | ​ |  | 239,790 | ​ |  | 526 | ​ |  | 240,316
Total assets | ​ |  | 3,339,862 | ​ |  | 43,647 | ​ |  | 3,383,509
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Six Months Ended July 30, 2022 | ​ |  |  | ​ |  |  | ​ |  |
Net sales from external customers | ​ | $ | 3,133,457 | ​ | $ | 66,831 | ​ | $ | 3,200,288
Gross margin | ​ |  | 1,393,365 | ​ |  | 4,269 | ​ |  | 1,397,634
Depreciation and amortization | ​ |  | 94,014 | ​ |  | 114 | ​ |  | 94,128
Interest and debt expense (income), net | ​ |  | 20,170 | ​ |  | (19) | ​ |  | 20,151
Income before income taxes | ​ |  | 534,102 | ​ |  | 500 | ​ |  | 534,602
Total assets | ​ |  | 3,174,436 | ​ |  | 47,167 | ​ |  | 3,221,603
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Six Months Ended July 31, 2021 | ​ |  |  | ​ |  |  | ​ |  |
Net sales from external customers | ​ | $ | 2,836,132 | ​ | $ | 62,789 | ​ | $ | 2,898,921
Gross margin | ​ |  | 1,194,241 | ​ |  | 3,381 | ​ |  | 1,197,622
Depreciation and amortization | ​ |  | 96,319 | ​ |  | 132 | ​ |  | 96,451
Interest and debt expense (income), net | ​ |  | 22,332 | ​ |  | (26) | ​ |  | 22,306
Income before income taxes | ​ |  | 442,988 | ​ |  | 815 | ​ |  | 443,803
Total assets | ​ |  | 3,339,862 | ​ |  | 43,647 | ​ |  | 3,383,509
​ Intersegment construction revenues of $11.6 million and $12.3 million for the three months ended July 30, 2022 and July 31, 2021, respectively, and $21.6 and $16.6 million for the six months July 30, 2022 and July 31, 2021, respectively, were eliminated during consolidation and have been excluded from net sales for the respective periods. The retail operations segment gives rise to contract liabilities through the customer loyalty program associated with Dillard’s private label cards and through the issuances of gift cards. The loyalty program liability and a portion of the gift card liability is included in trade accounts payable and accrued expenses, and a portion of the gift card liability is included in other liabilities on the condensed consolidated balance sheets. Our retail operations segment contract liabilities are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Retail | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | July 30, | ​ | January 29, | ​ | July 31, | ​ | January 30,
(in thousands of dollars) |  | 2022 |  | 2022 |  | 2021 |  | 2021
Contract liabilities | ​ | $ | 68,543 | ​ | $ | 80,421 | ​ | $ | 59,713 | ​ | $ | 68,021
​ During the six months ended July 30, 2022 and July 31, 2021, the Company recorded $37.4 million and $28.8 million, respectively, in revenue that was previously included in the retail operations contract liability balances of $80.4 million and $68.0 million at January 29, 2022 and January 30, 2021, respectively. Construction contracts give rise to accounts receivable, contract assets and contract liabilities. We record accounts receivable based on amounts expected to be collected from customers. We also record costs and estimated earnings in excess of billings on uncompleted contracts (contract assets) and billings in excess of costs and estimated earnings on uncompleted contracts (contract liabilities) in other current assets and trade accounts payable and accrued expenses in the condensed consolidated balance sheets, respectively. The amounts included in the condensed consolidated balance sheets are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Construction |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | July 30, | ​ | January 29, | ​ | July 31, | ​ | January 30,
(in thousands of dollars) | ​ | 2022 | ​ | 2022 | ​ | 2021 | ​ | 2021
Accounts receivable | ​ | $ | 26,229 | ​ | $ | 25,912 | ​ | $ | 23,374 | ​ | $ | 25,094
Costs and estimated earnings in excess of billings on uncompleted contracts | ​ |  | 4,036 | ​ |  | 2,847 | ​ |  | 1,426 | ​ |  | 450
Billings in excess of costs and estimated earnings on uncompleted contracts | ​ |  | 7,850 | ​ |  | 6,298 | ​ |  | 5,118 | ​ |  | 4,685
​ During the six months ended July 30, 2022 and July 31, 2021, the Company recorded $5.7 million and $4.1 million, respectively, in revenue that was previously included in billings in excess of costs and estimated earnings on uncompleted contracts of $6.3 million and $4.7 million at January 29, 2022 and January 30, 2021, respectively. The remaining performance obligations related to executed construction contracts totaled $215.9 million, $93.9 million and $51.8 million at July 30, 2022, January 29, 2022 and July 31, 2021, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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