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Operating Segment Information
 3 Months Ended
Mar. 31, 2014
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 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 and design fees 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 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, 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 Q – Operating Segment Information (continued)

As of and three months ended,
 
Wholesale Footwear
 
Wholesale Accessories
 
Total Wholesale
 
Retail
 
First Cost
 
Licensing
 
Consolidated
March 31, 2014
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Net sales to external customers
 
$
219,739

 
$
45,281

 
$
265,020

 
$
39,604

 
 

 
 

 
$
304,624

Gross profit
 
69,033

 
17,264

 
86,297

 
22,051

 
 

 
 

 
108,348

Commissions and licensing fees – net
 
—

 
—

 
—

 
—

 
$
1,412

 
$
1,759

 
3,171

Income (loss) from operations
 
31,071

 
5,958

 
37,029

 
(4,207
)
 
1,412

 
1,759

 
35,993

Segment assets
 
$
568,740

 
$
155,492

 
724,232

 
114,128

 
25,536

 
—

 
863,896

Capital expenditures
 
 

 
 

 
$
2,213

 
$
2,179

 
$
—

 
$
—

 
$
4,392

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
 
$
531,943

 
$
140,943

 
672,886

 
106,176

 
41,160

 
—

 
820,222

Capital expenditures
 
 

 
 

 
$
927

 
$
3,299

 
$
—

 
$
—

 
$
4,226

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Revenues by geographic area for the three months ended March 31, 2014 and 2013 are as follows:
 
 
 
Three Months Ended March 31,
 
 
2014
 
2013
Domestic (a)
 
$
281,382

 
$
255,626

International
 
23,242

 
23,290

Total
 
$
304,624

 
$
278,916

(a) Includes revenues of $82,958 and $74,292 for the periods ended March 31, 2014 and 2013 related to sales to U.S. customers where the title is transferred outside the U.S. and the sale is recorded by our International business.