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Operating Segment Information
 6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Operating Segment Information
Operating Segment Information
 
The Company operates the following business segments: Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing. The Wholesale Footwear segment, through sales to department stores, mid-tier retailers, mass merchants and specialty stores, derives revenue, both domestically and worldwide through our international business, from sales of branded and private label women’s, men’s, girls’ and children’s footwear. The Wholesale Accessories segment, which includes branded and private label handbags, belts and small leather goods as well as cold weather and selected other fashion accessories, derives revenue from sales to department, mid-tier retailers, mass merchants and specialty stores, domestically and worldwide through our international business. Our aforementioned Wholesale Footwear and Wholesale Accessories segments international business derive revenue from Canada and, under special distribution arrangements, from Asia, Europe, the Middle East, Mexico, Australia, India and Central and South America. The Retail segment, through the operation of Company-owned retail stores in the United States and Canada and the Company’s websites, derives revenue from sales of branded women’s, men’s and children’s footwear, accessories and licensed products to consumers. The First Cost segment represents activities of a subsidiary which earns commissions for serving as a buying/selling agent of footwear products to mass-market merchandisers, mid-tier department stores and other retailers with respect to their purchase of footwear. In the Licensing segment, the Company licenses its Steve Madden® and Steven by Steve Madden® trademarks for use in connection with the manufacture, marketing and sale of sunglasses, eyewear, outerwear, bedding, hosiery and sleepwear. In addition, this segment licenses the Betsey Johnson® trademarks for use in connection with the manufacture, marketing and sale of sleepwear, jewelry, swimwear, eyewear, watches, fragrances, outerwear and luggage.
Note U – Operating Segment Information (continued)

As of and three months ended,
 
Wholesale Footwear
 
Wholesale Accessories
 
Total Wholesale
 
Retail
 
First Cost
 
Licensing
 
Corporate
 
Consolidated
June 30, 2012:
 
 

 
 

 
 

 
 

 
 

 
 

 
 
 
 

Net sales to external customers
 
$
198,694

 
$
49,439

 
$
248,133

 
$
40,559

 
 

 
 

 
 
 
$
288,692

Gross profit
 
59,448

 
18,955

 
78,403

 
25,851

 
 

 
 

 
 
 
104,254

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
$
2,412

 
$
1,840

 
 
 
4,252

Income from operations
 
24,692

 
8,558

 
33,250

 
4,302

 
2,412

 
1,840

 
(4,310
)
 
37,494

Segment assets
 
$
487,029

 
$
156,740

 
643,769

 
81,682

 
51,569

 
—

 
 
 
777,020

Capital expenditures
 
 

 
 

 
$
1,152

 
$
3,608

 
$
—

 
$
—

 
 
 
$
4,760

June 30, 2011:
 
 

 
 

 


 
 

 
 

 
 

 
 
 


Net sales to external customers
 
$
148,530

 
$
26,642

 
$
175,172

 
$
33,980

 
 

 
 

 
 
 
$
209,152

Gross profit
 
51,913

 
10,163

 
62,076

 
22,019

 
 

 
 

 
 
 
84,095

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
$
2,612

 
$
1,820

 
 
 
4,432

Income from operations
 
23,890

 
3,020

 
26,910

 
5,846

 
2,612

 
1,820

 
—

 
37,188

Segment assets
 
$
349,839

 
$
133,718

 
483,557

 
66,239

 
46,481

 
—

 
 
 
596,277

Capital expenditures
 
 

 
 

 
$
1,221

 
$
1,050

 
$
—

 
$
—

 
 
 
$
2,271

As of and six months ended,
 
Wholesale Footwear
 
Wholesale Accessories
 
Total Wholesale
 
Retail
 
First Cost
 
Licensing
 
Corporate
 
Consolidated
June 30, 2012:
 
 

 
 

 
 

 
 

 
 

 
 

 
 
 
 

Net sales to external customers
 
$
390,194

 
$
86,882

 
$
477,076

 
$
77,586

 
 

 
 

 
 
 
$
554,662

Gross profit
 
118,176

 
34,085

 
152,261

 
48,086

 
 

 
 

 
 
 
200,347

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
$
4,740

 
$
3,985

 
 
 
8,725

Income from operations
 
48,180

 
13,825

 
62,005

 
6,433

 
4,740

 
3,985

 
(4,310
)
 
72,853

Segment assets
 
$
487,029

 
$
156,740

 
643,769

 
81,682

 
51,569

 
—

 
 
 
777,020

Capital expenditures
 
 

 
 

 
$
2,133

 
$
5,897

 
$
—

 
$
—

 
 
 
$
8,030

June 30, 2011:
 
 

 
 

 


 
 

 
 

 
 

 
 
 


Net sales to external customers
 
$
256,981

 
$
52,450

 
$
309,431

 
$
65,476

 
 

 
 

 
 
 
$
374,907

Gross profit
 
92,663

 
20,240

 
112,903

 
40,324

 
 

 
 

 
 
 
153,227

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
$
5,287

 
$
3,712

 
 
 
8,999

Income from operations
 
42,097

 
7,646

 
49,743

 
5,901

 
5,287

 
3,712

 
—

 
64,643

Segment assets
 
$
349,839

 
$
133,718

 
483,557

 
66,239

 
46,481

 
—

 
 
 
596,277

Capital expenditures
 
 

 
 

 
$
3,637

 
$
2,336

 
$
—

 
$
—

 
 
 
$
5,973






Note U – Operating Segment Information (continued)

Revenues by geographic area for the three- and six-month quarters ended June 30, 2012 and 2011 are as follows:
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2012
 
2011
 
2012
 
2011
Domestic
 
$
267,658

 
$
195,724

 
$
519,303

 
$
352,535

International
 
21,034

 
13,428

 
35,359

 
22,372

Total
 
$
288,692

 
$
209,152

 
$
554,662

 
$
374,907