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Segment Reporting (Tables) | 6 Months Ended
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Jul. 31, 2021
Segment Reporting [Abstract] |
Reconcile Segment Operating Performance Measure Operating Income (Loss) | Our CEO analyzes segment results and allocates resources based on adjusted operating income (loss). Adjusted operating income (loss) is defined as operating income (loss) excluding impairment, restructuring and COVID-19 related charges. Adjusted operating income (loss) may not be comparable to similarly titled measures of other companies. Adjusted operating income (loss) on a consolidated basis is presented in the following table to reconcile the segment operating performance measure to operating income (loss) as presented on the Consolidated Financial Statements.
(in thousands) | American Eagle |  |  | Aerie |  |  | Corporate(1) |  |  | Total(2) |
13 weeks ended July 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenue | $ | 845,882 |  |  | $ | 335,795 |  |  | $ | 12,479 |  |  | $ | 1,194,156 |
Operating income (loss) | $ | 198,896 |  |  | $ | 70,646 |  |  | $ | (101,546 | ) |  | $ | 167,996 |
Capital Expenditures | $ | 17,189 |  |  | $ | 16,641 |  |  | $ | 15,569 |  |  | $ | 49,399 |
13 weeks ended August 1, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenue | $ | 624,831 |  |  | $ | 251,511 |  |  | $ | 7,168 |  |  | $ | 883,510 |
Operating income (loss) | $ | 59,603 |  |  | $ | 30,404 |  |  | $ | (102,244 | ) |  | $ | (12,237 | )
Impairment, restructuring, and COVID-19 related charges |  | - |  |  |  | - |  |  |  | 14,611 |  |  |  | 14,611 |
Adjusted operating income (loss) | $ | 59,603 |  |  | $ | 30,404 |  |  | $ | (87,633 | ) |  | $ | 2,374 |
Capital Expenditures | $ | 6,774 |  |  | $ | 8,620 |  |  | $ | 12,098 |  |  | $ | 27,492 |
26 weeks ended July 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenue | $ | 1,573,584 |  |  | $ | 633,282 |  |  | $ | 21,903 |  |  | $ | 2,228,769 |
Operating income (loss) | $ | 350,128 |  |  | $ | 140,624 |  |  | $ | (189,328 | ) |  | $ | 301,424 |
Capital Expenditures | $ | 30,628 |  |  | $ | 27,460 |  |  | $ | 28,117 |  |  | $ | 86,205 |
26 weeks ended August 1, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total net revenue | $ | 1,015,081 |  |  | $ | 406,492 |  |  | $ | 13,629 |  |  | $ | 1,435,202 |
Operating income (loss) | $ | (154,146 | ) |  | $ | 11,275 |  |  | $ | (227,607 | ) |  | $ | (370,478 | )
Impairment, restructuring, and COVID-19 related charges |  | 90,926 |  |  |  | 18,215 |  |  |  | 61,090 |  |  |  | 170,231 |
Adjusted operating income (loss) | $ | (63,220 | ) |  | $ | 29,490 |  |  | $ | (166,517 | ) |  | $ | (200,247 | )
Capital Expenditures | $ | 14,873 |  |  | $ | 17,408 |  |  | $ | 29,121 |  |  | $ | 61,402 |
| (1) | Corporate includes revenue and operating results of the Todd Snyder and Unsubscribed brands, which are not material to disclose as separate reportable segments. Corporate operating costs represents certain costs that are not directly attributable to another reportable segment.
| (2) | The difference between Operating income (loss) and Income (loss) before income taxes includes the following items, which are not allocated to our reportable segments: - For the 13 weeks ended July 31, 2021, interest expense, net of $8.9 million and other (income) expense, net of ($1.4) million. For the 26 weeks ended July 31, 2021, interest expense, net of $17.4 million and other (income) expense, net of ($3.2) million. - For the 13 weeks ended August 1, 2020, interest expense, net of $8.5 million and other (income) expense, net of ($1.6) million. For the 26 weeks ended August 1, 2020, interest expense, net of $8.7 million and other (income) expense, net of $1.4 million.
Summary of Geographical Information | The following table present summarized geographical information:
|  | 13 Weeks Ended |  |  | 26 Weeks Ended |
(In thousands) |  | July 31, 2021 |  |  | August 1, 2020 |  |  | July 31, 2021 |  |  | August 1, 2020 |
Total net revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,030,308 |  |  | $ | 780,028 |  |  | $ | 1,939,966 |  |  | $ | 1,268,904 |
Foreign (1) |  |  | 163,848 |  |  |  | 103,482 |  |  |  | 288,803 |  |  |  | 166,298 |
Total net revenue |  | $ | 1,194,156 |  |  | $ | 883,510 |  |  | $ | 2,228,769 |  |  | $ | 1,435,202 |
| (1) | Amounts represent sales from American Eagle and Aerie international retail stores, e-commerce sales that are billed and/or shipped to foreign countries and international license royalty revenue.

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- 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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- 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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://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 http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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