Segment Reporting (Tables)

6 Months Ended

Jul. 31, 2020

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

	Three Months Ended						Six Months Ended
	July 31,						July 31,
	2020			2019			2020			2019
Net sales
Retail operations	$	757,471		$	878,693		$	1,318,703		$	1,661,256
Wholesale operations		49,877			86,153			75,589			170,518
Subscription operations		4,672			—			10,942			—
Intersegment elimination		(8,754	)		(2,517	)		(13,485	)		(5,032	)
Total net sales	$	803,266		$	962,329		$	1,391,749		$	1,826,742
Income (loss) from operations
Retail operations	$	58,405		$	78,997		$	(77,096	)	$	113,691
Wholesale operations		14,161			15,354			(31,467	)		32,115
Subscription operations		(4,611	)		(3,536	)		(10,575	)		(5,637	)
Intersegment elimination		(84	)		312			(494	)		249
Total segment operating income (loss)		67,871			91,127			(119,632	)		140,418
General corporate expenses ⁽¹⁾		1,548			(13,066	)		(9,684	)		(22,337	)
Total income (loss) from operations	$	69,419		$	78,061		$	(129,316	)	$	118,081

(1) General corporate expenses during the three and six months ended July 31, 2020 benefitted from the recognition of coronavirus related government relief packages in the three months ended July 31, 2020.

	July 31,		January 31,		July 31,
	2020		2020		2019
Inventory
Retail operations	$	321,885	$	347,837	$	376,050
Wholesale operations		29,886		61,697		64,037
Total inventory	$	351,771	$	409,534	$	440,087
Rental product, net ⁽¹⁾
Subscription operations	$	15,764	$	16,447	$	2,913
Total rental product, net	$	15,764	$	16,447	$	2,913

(1) Rental product, net is included in "Deferred income taxes and other assets" in the Condensed Consolidated Balance Sheets.

Property and equipment, net
Retail operations	$	859,188	$	859,918	$	841,013
Wholesale operations		2,375		2,577		2,637
Subscription operations		27,563		27,537		23,784
Total property and equipment, net	$	889,126	$	890,032	$	867,434

Schedule of Net Sales and Percentage of Net Sales by Merchandise Category

The following tables summarize net sales and percentage of net sales from contracts with customers by merchandise category:

	Three Months Ended						Six Months Ended
	July 31,						July 31,
	2020			2019			2020			2019
Net sales
Apparel ⁽¹⁾	$	507,930		$	642,914		$	878,277		$	1,231,640
Home ⁽²⁾		156,621			144,962			266,420			269,510
Accessories ⁽³⁾		89,751			116,613			159,944			216,881
Other ⁽⁴⁾		48,964			57,840			87,108			108,711
Total net sales	$	803,266		$	962,329		$	1,391,749		$	1,826,742

As a percentage of net sales
Apparel ⁽¹⁾		63	%		67	%		63	%		67	%
Home ⁽²⁾		19	%		15	%		19	%		15	%
Accessories ⁽³⁾		12	%		12	%		12	%		12	%
Other ⁽⁴⁾		6	%		6	%		6	%		6	%
Total net sales		100	%		100	%		100	%		100	%

(1) Apparel includes intimates and activewear
(2) Home includes home furnishings, electronics, gifts and decorative items
(3) Accessories includes footwear, jewelry and handbags
(4) Other includes beauty, shipping and handling, the Menus & Venues brand and the Subscription segment

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

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

	July 31,		January 31,		July 31,
	2020		2020		2019
Property and equipment, net
Domestic operations	$	722,934	$	763,411	$	774,378
Foreign operations		166,192		126,621		93,056
Total property and equipment, net	$	889,126	$	890,032	$	867,434

	Three Months Ended				Six Months Ended
	July 31,				July 31,
	2020		2019		2020		2019
Net Sales
Domestic operations	$	709,697	$	840,316	$	1,233,253	$	1,603,405
Foreign operations		93,569		122,013		158,496		223,337
Total net sales	$	803,266	$	962,329	$	1,391,749	$	1,826,742