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Operating Segment Information
 3 Months Ended
Mar. 31, 2013
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. The

Note U – Operating Segment Information (continued)

Company's Licensing segment generates revenue by licensing 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.

As of and three months ended,
 
Wholesale Footwear
 
Wholesale Accessories
 
Total Wholesale
 
Retail
 
First Cost
 
Licensing
 
Consolidated
March 31, 2013
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net sales to external customers
 
$
189,181

 
$
44,681

 
$
233,862

 
$
45,054

 
 

 
 

 
$
278,916

Gross profit
 
57,862

 
17,569

 
75,431

 
27,167

 
 

 
 

 
102,598

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
$
2,282

 
$
2,084

 
4,366

Income from operations
 
22,582

 
7,492

 
30,074

 
1,999

 
2,282

 
2,084

 
36,439

Segment assets
 
$
523,109

 
$
138,602

 
661,711

 
106,176

 
52,335

 
—

 
820,222

Capital expenditures
 
 

 
 

 
$
927

 
$
3,299

 
$
—

 
$
—

 
$
4,226

March 31, 2012
 
 

 
 

 


 
 

 
 

 
 

 


Net sales to external customers
 
$
191,500

 
$
37,443

 
$
228,943

 
$
37,027

 
 

 
 

 
$
265,970

Gross profit
 
58,728

 
15,130

 
73,858

 
22,235

 
 

 
 

 
96,093

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
$
2,328

 
$
2,145

 
4,473

Income from operations
 
23,488

 
5,267

 
28,755

 
2,131

 
2,328

 
2,145

 
35,359

Segment assets
 
$
441,232

 
$
127,650

 
568,882

 
78,251

 
50,157

 
—

 
697,290

Capital expenditures
 
 

 
 

 
$
981

 
$
2,289

 
$
—

 
$
—

 
$
3,270


Revenues by geographic area for the three months ended March 31, 2013 and 2012 are as follows:
 
 
 
Three Months Ended March 31,
 
 
2013
 
2012
Domestic
 
$
252,437

 
$
252,365

International
 
26,479

 
13,605

Total
 
$
278,916

 
$
265,970