XML 36 R22.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENT REPORTING
12 Months Ended
Feb. 01, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company's operations are managed at a consolidated level and function as a single operating and reporting segment. The segment generates revenue from the sale of merchandise through its retail stores and e-Commerce platform, all of which are located in the United States. The Company's President and Chief Executive Officer is its Chief Operating Decision Maker ("CODM"). The CODM evaluates the financial performance of the segment to allocate resources, reinvest profits into the business, and make capital allocation decisions based on income from operations and net income, as reported in the consolidated statements of income.

The table below presents the Company's significant segment expenses and results of operations which are regularly reviewed by the CODM:

 Fiscal Years Ended
Income StatementFebruary 1,
2025
February 3,
2024
January 28,
2023
Net Sales$1,217,689 $1,261,102 $1,345,187 
Merchandise COGS (a)
422,432 444,256 471,736 
Other COGS (b)
202,470 197,781 197,448 
Personnel Costs (c)
264,991 263,728 260,659 
Other Operating Expenses86,432 84,278 87,212 
Income From Operations241,364 271,059 328,132 
Other Income, Net16,413 18,156 6,924 
Income Tax Expense62,309 69,296 80,430 
Net Income$195,468 219,919 $254,626 
(a)    Merchandise COGS represents expenses related to the sale of merchandise, including product costs, inbound freight, and shrinkage.
(b)     Other COGS consists of buying, distribution, warehousing, and occupancy expenses.
(c)     Personnel costs include wages, incentive compensation, benefits, and insurance costs related to store and non-buying related home office teammates.

As the Company operates as a single reportable segment, the additional disclosures required by ASC 280, Segment Reporting, are included in the consolidated financial statements and accompanying notes.