XML 58 R44.htm IDEA: XBRL DOCUMENT
v3.23.1

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Jan. 28, 2023
Segment Reporting |
Schedule of Segment Operating Income and Income Before Income Taxes and Equity Method Investments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | YEAR ENDED
​ | ​ | JANUARY 28, | ​ | JANUARY 29, | ​ | JANUARY 30,
​ |  | 2023 |  | 2022 |  | 2021
​ | ​ | (in thousands)
Operating income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
RH Segment | ​ | $ | 761,544 | ​ | $ | 944,881 | ​ | $ | 616,523
Waterworks | ​ |  | 28,282 | ​ |  | 17,747 | ​ |  | 4,019
Asset impairments | ​ |  | (24,186) | ​ |  | (9,630) | ​ |  | (12,851)
Non-cash compensation | ​ | ​ | (18,072) | ​ | ​ | (23,428) | ​ | ​ | (117,084)
Employer payroll taxes on option exercises | ​ | ​ | (14,392) | ​ | ​ | — | ​ | ​ | —
Professional fees | ​ |  | (7,469) | ​ |  | — | ​ |  | —
Non-cash compensation related to consolidated VIEs | ​ | ​ | (4,470) | ​ |  | — | ​ |  | —
Compensation settlements | ​ |  | (3,483) | ​ |  | — | ​ |  | —
Recall accrual | ​ |  | (560) | ​ |  | (1,940) | ​ |  | (7,370)
Legal settlement | ​ | ​ | 4,188 | ​ | ​ | — | ​ | ​ | —
Gain on sale of building and land | ​ | ​ | 775 | ​ | ​ | — | ​ | ​ | —
Loss on sale leaseback transaction | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (9,352)
Reorganization related costs | ​ | ​ | — | ​ | ​ | (449) | ​ | ​ | (7,027)
Income from operations | ​ |  | 722,157 | ​ |  | 927,181 | ​ |  | 466,858
Interest expense—net | ​ |  | 113,210 | ​ |  | 64,947 | ​ |  | 69,250
(Gain) loss on extinguishment of debt | ​ |  | 169,578 | ​ |  | 29,138 | ​ |  | (152)
Other expense—net | ​ | ​ | 30 | ​ | ​ | 2,778 | ​ | ​ | 20,459
Income before income taxes and equity method investments | ​ | $ | 439,339 | ​ | $ | 830,318 | ​ | $ | 377,301
​
Summary of Statements of Income Metrics Reviewed by CODM to Evaluate Performance Internally or As required under ASC 280 - Segment Reporting | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | YEAR ENDED
​ | ​ | JANUARY 28, | ​ | JANUARY 29, | ​ | JANUARY 30,
​ | ​ | 2023 | ​ | 2022 | ​ | 2021
​ | ​ | RH SEGMENT | ​ | WATERWORKS | ​ | TOTAL |  | RH SEGMENT | ​ | WATERWORKS | ​ | TOTAL |  | RH SEGMENT | ​ | WATERWORKS | ​ | TOTAL
​ | ​ | (in thousands)
Net revenues | ​ | $ | 3,398,638 | $ | 191,839 | $ | 3,590,477 | ​ | $ | 3,593,842 | $ | 164,978 | $ | 3,758,820 | ​ | $ | 2,729,422 | $ | 119,204 | $ | 2,848,626
Gross profit | ​ |  | 1,708,444 |  | 103,541 |  | 1,811,985 | ​ |  | 1,772,668 |  | 82,743 |  | 1,855,411 | ​ |  | 1,274,148 |  | 51,383 |  | 1,325,531
Depreciation and amortization | ​ |  | 103,221 |  | 5,367 |  | 108,588 | ​ |  | 91,252 |  | 4,770 |  | 96,022 | ​ |  | 95,071 |  | 4,969 |  | 100,040
Summary of Balance Sheet Metrics as Required Under ASC 280 - Segment Reporting | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | JANUARY 28, | ​ | JANUARY 29,
​ | ​ | 2023 | ​ | 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | RH SEGMENT |  | WATERWORKS |  | REAL ESTATE |  | TOTAL |  | RH SEGMENT |  | WATERWORKS |  | REAL ESTATE |  | TOTAL
​ | ​ | (in thousands)
Goodwill(1) | ​ | $ | 141,048 | ​ | $ | — | ​ | $ | — | ​ | $ | 141,048 | ​ | $ | 141,100 | ​ | $ | — | ​ | $ | — | ​ | $ | 141,100
Tradenames, trademarks and other intangible assets(2) | ​ |  | 57,633 | ​ |  | 17,000 | ​ |  | — | ​ |  | 74,633 | ​ |  | 56,161 | ​ |  | 17,000 | ​ |  | — | ​ |  | 73,161
Equity method investments | ​ | ​ | — | ​ | ​ | 623 | ​ | ​ | 100,845 | ​ | ​ | 101,468 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 100,810 | ​ | ​ | 100,810
Total assets | ​ |  | 4,953,610 | ​ |  | 217,228 | ​ |  | 138,451 | ​ |  | 5,309,289 | ​ |  | 5,259,719 | ​ |  | 179,941 | ​ |  | 100,810 | ​ |  | 5,540,470
(1) | The Waterworks reporting unit goodwill of $51 million recognized upon acquisition in fiscal 2016 was fully impaired as of fiscal 2018.
(2) | The Waterworks reporting unit tradename is presented net of an impairment charge of $35 million.
Summary of net revenues | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | YEAR ENDED
​ | ​ | JANUARY 28, | ​ | JANUARY 29, | ​ | JANUARY 30,
​ |  | 2023 |  | 2022 |  | 2021
​ | ​ | (in thousands)
Furniture | ​ | $ | 2,492,514 | ​ | $ | 2,599,540 | ​ | $ | 1,940,658
Non-furniture | ​ |  | 1,097,963 | ​ |  | 1,159,280 | ​ |  | 907,968
Total net revenues | ​ | $ | 3,590,477 | ​ | $ | 3,758,820 | ​ | $ | 2,848,626
Summary of long-lived assets by geography information | ​
​ | ​ | ​ | ​ | ​
​ | ​ | ​ | JANUARY 28,
​ | ​ | ​ | 2023
​ | ​ | ​ | (in thousands)
North America | ​ | ​ | $ | 2,261,615
All other countries | ​ | ​ |  | 184,414
Total long-lived assets | ​ | ​ | $ | 2,446,029

X
- Definition Schedule of operations by segment. + References No definition available. + Details
Name: | rh_ScheduleOfOperationsBySegmentTableTextBlock
Namespace Prefix: | rh_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration