Segment Reporting (Tables)

9 Months Ended

Oct. 28, 2023

Summary of Reportable Segment Information

Reportable segment information is presented in the following table:


	For the 13 weeks ended						For the 39 weeks ended
	October 28, 2023			October 29, 2022			October 28, 2023			October 29, 2022
Net Revenue:
American Eagle	$	857,378		$	837,575		$	2,295,487		$	2,301,051
Aerie	$	393,042		$	349,712		$	1,132,537		$	1,043,129
Total Segment Net Revenue	$	1,250,420		$	1,187,287		$	3,428,024		$	3,344,180
Other	$	111,805		$	115,346		$	329,480		$	315,332
Intersegment Elimination	$	(61,170	)	$	(62,050	)	$	(174,645	)	$	(165,768	)
Total Net Revenue	$	1,301,055		$	1,240,583		$	3,582,859		$	3,493,745

Operating Income:
American Eagle	$	184,029		$	174,129		$	418,232		$	387,213
Aerie	$	75,850		$	56,487		$	188,772		$	111,414
Total Segment Operating Income	$	259,879		$	230,616		$	607,004		$	498,627
Other	$	(8,601	)	$	(11,650	)	$	(35,250	)	$	(39,381	)
Intersegment Elimination	$	-		$	-		$	-		$	-
General corporate expenses	$	(125,917	)	$	(101,418	)	$	(336,998	)	$	(285,781	)
Impairment, restructuring and other charges(1)	$	-		$	-		$	(21,275	)	$	-
Total Operating Income	$	125,361		$	117,548		$	213,481		$	173,465

Debt related charges	$	-		$	-		$	-		$	60,066
Interest (income) expense, net	$	(2,871	)	$	3,878		$	(1,229	)	$	11,887
Other (income) expense, net	$	(3,984	)	$	782		$	(9,446	)	$	(5,501	)
Income before income taxes	$	132,216		$	112,888		$	224,156		$	107,013

Capital Expenditures
American Eagle	$	17,219		$	20,477		$	48,411		$	55,000
Aerie	$	9,499		$	24,404		$	31,576		$	85,663
Other	$	9,760		$	20,801		$	21,490		$	25,933
General corporate expenditures	$	6,478		$	5,825		$	33,438		$	32,768
Total Capital Expenditures	$	42,956		$	71,507		$	134,915		$	199,364

(1) Represents pre-tax impairment, restructuring and other charges related to Quiet Platforms, including $10.8 million of long-lived asset impairment charges, $5.6 million of severance costs, and $4.9 million of contract related charges for the 39 weeks ended October 28, 2023.

Summary of Geographical Information

The following table presents summarized geographical information:


	13 Weeks Ended				39 Weeks Ended
(In thousands)	October 28, 2023		October 29, 2022		October 28, 2023		October 29, 2022
Total net revenue:
United States	$	1,114,115	$	1,076,096	$	3,035,573	$	3,011,419
Foreign (1)		186,940		164,487		547,286		482,326
Total net revenue	$	1,301,055	$	1,240,583	$	3,582,859	$	3,493,745

(1) Amounts represent sales from American Eagle and Aerie international retail stores, e-commerce sales that are billed to and/or shipped to foreign countries and international franchise royalty revenue.