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Operating Segment Information
 12 Months Ended
Dec. 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 , online retailers 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, online retailers 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, India, South Africa 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 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, watches 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, 2013:
 
 

 
 

 
 

 
 

 
 

 
 

 
 
 
 

Net sales
 
$
860,448

 
$
244,163

 
$
1,104,611

 
$
209,612

 
$
—

 
$
—

 
$
—

 
$
1,314,223

Gross profit
 
263,864

 
89,307

 
353,171

 
129,205

 
—

 
—

 
—

 
482,376

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
7,988

 
7,644

 
—

 
15,632

Income from operations
 
117,689

 
44,738

 
162,427

 
24,726

 
7,988

 
7,644

 
983

 
203,768

Depreciation and amortization
 
 
 
 
 
6,659

 
5,542

 
116

 
—

 
662

 
12,979

Segment assets
 
$
537,609

 
$
152,553

 
690,162

 
129,549

 
60,530

 
—

 
—

 
880,241

Capital expenditures
 
 
 
 
 
$
9,276

 
$
11,470

 
$
—

 
$
—

 
$
—

 
$
20,746

December 31, 2012:
 
 

 
 

 


 
 

 
 

 
 

 
 
 


Net sales
 
$
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
 
$
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


Note P – Operating Segment Information (continued)
Revenues by geographic area are as follows: 
 
 
 
 
 
 
 
Year Ended December 31,
 
 
2013
 
2012
 
2011
Domestic (a)
 
$
1,200,797

 
$
1,133,077

 
$
915,286

International
 
113,426

 
93,995

 
53,263

Total
 
$
1,314,223

 
$
1,227,072

 
$
968,549

(a) Includes revenues of $315,154, $261,759 and $162,377 for the years ended 2013, 2012 and 2011 related to sales to U.S. customers where the title is transferred outside the U.S. and the sale is recorded by our International subsidiary.