Segment Reporting (Tables)

6 Months Ended

Jul. 31, 2012

A summary of the information about the Company’s operations by segment is as follows:


	July 31, 2012		January 31, 2012		July 31, 2011
Inventories
Retail operations	$	303,886	$	237,825	$	288,989
Wholesale operations		18,937		12,248		14,170

Total inventories	$	322,823	$	250,073	$	303,159

Property and equipment, net
Retail operations	$	718,911	$	681,501	$	622,695
Wholesale operations		3,147		3,478		3,493

Total property and equipment, net	$	722,058	$	684,979	$	626,188


	Three Months Ended July 31,						Six Months Ended July 31,
	2012			2011			2012			2011
Net sales
Retail operations	$	639,031		$	577,282		$	1,176,777		$	1,070,744
Wholesale operations		38,699			35,194			71,278			66,777
Intersegment elimination		(1,461	)		(3,295	)		(2,856	)		(4,321	)

Total net sales	$	676,269		$	609,181		$	1,245,199		$	1,133,200

Income from operations
Retail operations	$	94,150		$	88,182		$	147,057		$	151,150
Wholesale operations⁽¹⁾		9,753			7,278			17,747			10,236
Intersegment elimination		(118	)		(607	)		(264	)		(678	)

Total segment operating income		103,785			94,853			164,540			160,708
General corporate expenses		(7,847	)		(6,858	)		(15,687	)		(13,877	)

Total income from operations	$	95,938		$	87,995		$	148,853		$	146,831

⁽¹⁾

Increase in Wholesale segment income from operations for the six months ended July 31, 2012 as compared to the prior year comparable period was principally due to one-time charges included in the six months ended July 31, 2011 resulting from the discontinuation of wholesale distribution of the Leifsdottir brand, which began in the first quarter of fiscal 2012 and was principally completed by the end of the second quarter of fiscal 2012.

Schedule of Revenues and Long-Lived Assets, by Domestic and Foreign Operations Segment

The Company has foreign operations in Europe and Canada. Revenues and long-lived assets, based upon the Company’s domestic and foreign operations, are as follows:


	July 31, 2012		January 31, 2012		July 31, 2011
Property and equipment, net
Domestic operations	$	582,859	$	557,512	$	517,430
Foreign operations		139,199		127,467		108,758

Total property and equipment, net	$	722,058	$	684,979	$	626,188


	Three Months Ended July 31,				Six Months Ended July 31,
	2012		2011		2012		2011
Net sales
Domestic operations	$	587,221	$	535,055	$	1,087,829	$	1,001,906
Foreign operations		89,048		74,126		157,370		131,294

Total net sales	$	676,269	$	609,181	$	1,245,199	$	1,133,200

- 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.

+ References+ Details