Segment Reporting (Tables)

9 Months Ended

Oct. 30, 2021

Reconciliation from GAAP Operating Performance Measure to Non-GAAP Adjusted Operating Income (Loss) on Consolidated Basis

The following includes a reconciliation from consolidated operating income (loss), the most directly comparable GAAP operating performance measure presented on the Consolidated Financial Statements, to our non-GAAP adjusted operating income (loss) on a consolidated basis.

(in thousands)	American Eagle		Aerie		Corporate⁽¹⁾			Total⁽²⁾
13 weeks ended October 30, 2021
Total net revenue	$	940,992	$	315,049	$	18,037		$	1,274,078
Operating income (loss)	$	261,225	$	52,021	$	(103,559	)	$	209,687

Capital Expenditures	$	13,298	$	24,867	$	20,036		$	58,201


13 weeks ended October 31, 2020
Total net revenue	$	775,961	$	246,748	$	8,908		$	1,031,617

Operating income (loss)	$	155,259	$	35,738	$	(95,446	)	$	95,551
Impairment, restructuring, and COVID-19 related charges		—		—		6,955			6,955
Adjusted operating income (loss)	$	155,259	$	35,738	$	(88,491	)	$	102,506

Capital Expenditures	$	10,488	$	6,399	$	14,302		$	31,189


39 weeks ended October 30, 2021
Total net revenue	$	2,513,700	$	947,851	$	41,297		$	3,502,848

Operating income (loss)	$	611,650	$	191,341	$	(291,880	)	$	511,111

Capital Expenditures	$	36,093	$	48,164	$	60,148		$	144,405

39 weeks ended October 31, 2020
Total net revenue	$	1,791,042	$	653,240	$	22,537		$	2,466,819

Operating income (loss)	$	1,113	$	47,011	$	(323,052	)	$	(274,928	)
Impairment, restructuring, and COVID-19 related charges		90,926		18,215		68,045			177,186
Adjusted operating income (loss)	$	92,039	$	65,226	$	(255,007	)	$	(97,742	)

Capital Expenditures	$	25,361	$	23,807	$	43,423		$	92,591

(1)

Corporate includes revenue and operating results of the Todd Snyder and Unsubscribed brands, and AirTerra, 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 October 30, 2021, interest expense, net of $8.6 million and other (income), net of ($3.1)million. For the 39 weeks ended October 30, 2021, interest expense, net of $26.0 million and other (income), net of ($6.4) million.
- For the 13 weeks ended October 31, 2020, interest expense, net of $7.9 million and other (income), net of ($2.2) million. For the 39 weeks ended October 31, 2020, interest expense, net of $16.6 million and other (income), net of ($0.8) million.

Summary of Geographical Information

The following table present summarized geographical information:

	13 Weeks Ended				39 Weeks Ended
(In thousands)	October 30, 2021		October 31, 2020		October 30, 2021		October 31, 2020
Total net revenue:
United States	$	1,104,441	$	898,241	$	3,044,407	$	2,167,145
Foreign ⁽¹⁾	$	169,637	$	133,376	$	458,441		299,674
Total net revenue	$	1,274,078	$	1,031,617	$	3,502,848	$	2,466,819

(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.