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Operating Segment Information
 12 Months Ended
Dec. 31, 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 market 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, both domestically and worldwide through our International business, from sales to department stores, mid-tier retailers, mass market merchants and specialty stores. Our Wholesale Footwear and Wholesale Accessories segments, through our International business, derive revenue from Canada and, under special distribution arrangements, from Asia, Europe, the Middle East, Mexico, Australia, India, South Africa 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 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 and other trademark rights for use in connection with the manufacture, marketing and sale of sunglasses, eyewear, outerwear, bedding, hosiery and women's fashion apparel, jewelry and luggage. In addition, this segment licenses the Betsey Johnson® and Betseyville® trademarks for use in connection with the manufacture, marketing and sale of apparel, jewelry, swimwear, eyewear, watches, fragrances and outerwear.



































Note P – Operating Segment Information (continued)

Year ended
 
Wholesale Footwear
 
Wholesale Accessories
 
Total Wholesale
 
Retail
 
First Cost
 
Licensing
 
Corporate
 
Consolidated
December 31, 2012:
 
 

 
 

 
 

 
 

 
 

 
 

 
 
 
 

Net sales to external customers
 
$
794,486

 
$
241,339

 
$
1,035,825

 
$
191,247

 
$
—

 
$
—

 
$
—

 
$
1,227,072

Gross profit
 
249,547

 
87,055

 
336,602

 
119,100

 
—

 
—

 
—

 
455,702

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
7,778

 
7,617

 
—

 
15,395

Income from operations
 
104,326

 
41,376

 
145,702

 
26,311

 
7,778

 
7,617

 
(8,432
)
 
178,976

Depreciation and amortization
 
 
 
 
 
7,717

 
4,818

 
107

 
—

 
—

 
12,642

Segment assets
 
$
511,011

 
$
138,602

 
649,613

 
101,674

 
52,752

 
—

 
—

 
804,039

Capital expenditures
 
 
 
 
 
$
7,506

 
$
12,596

 
$
—

 
$
—

 
$
—

 
$
20,102

December 31, 2011:
 
 

 
 

 


 
 

 
 

 
 

 
 
 


Net sales to external customers
 
$
636,809

 
$
176,824

 
$
813,633

 
$
154,916

 
$
—

 
$
—

 
$
—

 
$
968,549

Gross profit
 
205,379

 
61,474

 
266,853

 
95,095

 
—

 
—

 
—

 
361,948

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
9,795

 
8,920

 
$
—

 
18,715

Income from operations
 
86,676

 
28,009

 
114,685

 
20,370

 
9,795

 
8,920

 
—

 
153,770

Depreciation and amortization
 
 
 
 
 
6,604

 
4,378

 
78

 
—

 
—

 
11,060

Segment assets
 
$
383,170

 
$
132,648

 
515,818

 
76,630

 
47,338

 
—

 
—

 
639,786

Capital expenditures
 
 
 
 
 
$
10,314

 
$
5,163

 
$
—

 
$
—

 
$
—

 
$
15,477

December 31, 2010:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales to external customers
 
$
402,567

 
$
98,548

 
$
501,115

 
$
134,303

 
$
—

 
$
—

 
$
—

 
$
635,418

Gross profit
 
156,603

 
37,926

 
194,529

 
81,325

 
—

 
—

 
—

 
275,854

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
17,258

 
5,371

 
—

 
22,629

Income from operations
 
75,543

 
14,323

 
89,866

 
9,129

 
17,258

 
5,371

 
—

 
121,624

Depreciation and amortization
 
 
 
 
 
5,164

 
4,631

 
204

 
—

 
—

 
9,999

Segment assets
 
$
268,544

 
$
71,856

 
340,400

 
65,835

 
41,461

 
—

 
—

 
447,696

Capital expenditures
 
 
 
 
 
$
1,020

 
$
2,404

 
$
—

 
$
—

 
$
—

 
$
3,424

Revenues by geographic area are as follows: 
 
 
 
 
 
 
 
Year Ended December 31,
 
 
2012
 
2011
 
2010
Domestic
 
$
1,133,077

 
$
915,286

 
$
600,637

International
 
93,995

 
53,263

 
34,781

Total
 
$
1,227,072

 
$
968,549

 
$
635,418