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Operating Segment Information | 9 Months Ended
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Sep. 30, 2017
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 internationally (via 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 (via 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 territories within Asia, Albania, Austria, Belgium, Bulgaria, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Kosovo, Lithuania, Latvia, Luxembourg, Mexico, the Netherlands, Norway, Poland, Romania, Russia, Slovakia, Slovenia, Sweden, Switzerland, and Tunisia and, under special distribution arrangements in various other territories within Australia, the Middle East, India, South and Central America and New Zealand. The Retail segment, through the operation of Company-owned retail stores in the United States, Canada, Mexico, South Africa and China 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 that 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. In the Licensing segment, the Company generates revenue by licensing its Steve Madden®, Steven by Steve Madden® and Madden Girl® trademarks and other trademark rights for use in connection with the manufacture, marketing and sale of eyewear, outerwear, hosiery, activewear, sleepwear, jewelry, watches, hair accessories, umbrellas, bedding, luggage, and men’s leather accessories. In addition, this segment licenses the Betsey Johnson® trademark for use in connection with the manufacture, marketing and sale of women's and children's apparel, hosiery, swimwear, outerwear, sleepwear, activewear, jewelry, watches, bedding, luggage, stationery, umbrellas, and household goods; and furthermore, licenses the Dolce Vita® trademark for use in connection with the manufacture, marketing and sale of women's and children’s outerwear and swimwear. Note O – Operating Segment Information (continued)
As of and for the three months ended, |  | Wholesale Footwear |  | Wholesale Accessories |  | Total Wholesale |  | Retail |  | First Cost |  | Licensing |  | Consolidated
September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 300,565 |  |  | $ | 76,365 |  |  | $ | 376,930 |  |  | $ | 64,263 |  |  | $ | — |  |  | $ | — |  |  | $ | 441,193 |
Gross profit |  | 102,891 |  |  | 24,877 |  |  | 127,768 |  |  | 38,123 |  |  | — |  |  | — |  |  | 165,891 |
Commissions and licensing fees – net |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,028 |  |  | 2,718 |  |  | 4,746 |
Income from operations |  | 52,366 |  |  | 10,301 |  |  | 62,667 |  |  | (1,970 | ) |  | 2,028 |  |  | 2,718 |  |  | 65,443 |
Segment assets |  | $ | 790,405 |  |  | $ | 139,852 |  |  | 930,257 |  |  | 128,198 |  |  | 12,948 |  |  | — |  |  | 1,071,403 |
Capital expenditures |  |  |  |  |  |  |  | $ | 1,348 |  |  | $ | 2,690 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,038 |
September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 268,159 |  |  | $ | 78,448 |  |  | $ | 346,607 |  |  | $ | 61,777 |  |  | $ | — |  |  | $ | — |  |  | $ | 408,384 |
Gross profit |  | 90,550 |  |  | 26,937 |  |  | 117,487 |  |  | 37,021 |  |  | — |  |  | — |  |  | 154,508 |
Commissions and licensing fees – net |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,370 |  |  | 2,934 |  |  | 5,304 |
Income from operations |  | 41,080 |  |  | 15,492 |  |  | 56,572 |  |  | 1,890 |  |  | 2,370 |  |  | 2,934 |  |  | 63,766 |
Segment assets |  | $ | 646,919 |  |  | $ | 184,622 |  |  | 831,541 |  |  | 117,604 |  |  | 13,244 |  |  | — |  |  | 962,389 |
Capital expenditures |  |  |  |  |  |  |  | $ | 1,693 |  |  | $ | 2,800 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,493 |
As of and for the nine months ended, |  | Wholesale Footwear |  | Wholesale Accessories |  | Total Wholesale |  | Retail |  | First Cost |  | Licensing |  | Consolidated
September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 799,837 |  |  | $ | 195,804 |  |  | $ | 995,641 |  |  | $ | 186,087 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,181,728 |
Gross profit |  | 263,368 |  |  | 62,349 |  |  | 325,717 |  |  | 112,288 |  |  |  |  |  |  |  |  | 438,005 |
Commissions and licensing fees – net |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,864 |  |  | 5,974 |  |  | 10,838 |
Income (loss) from operations |  | 110,791 |  |  | 19,603 |  |  | 130,394 |  |  | (3,114 | ) |  | 4,864 |  |  | 5,974 |  |  | 138,118 |
Segment assets |  | $ | 790,405 |  |  | $ | 139,852 |  |  | 930,257 |  |  | 128,198 |  |  | 12,948 |  |  | — |  |  | 1,071,403 |
Capital expenditures |  |  |  |  |  |  |  | $ | 3,800 |  |  | $ | 7,910 |  |  | $ | — |  |  | $ | — |  |  | $ | 11,710 |
September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 692,503 |  |  | $ | 192,769 |  |  | $ | 885,272 |  |  | $ | 177,871 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,063,143 |
Gross profit |  | 221,328 |  |  | 64,064 |  |  | 285,392 |  |  | 106,363 |  |  |  |  |  |  |  |  | 391,755 |
Commissions and licensing fees – net |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,832 |  |  | 6,427 |  |  | 10,259 |
Income from operations |  | 90,239 |  |  | 25,753 |  |  | 115,992 |  |  | 3,285 |  |  | 3,832 |  |  | 6,427 |  |  | 129,536 |
Segment assets |  | $ | 646,919 |  |  | $ | 184,622 |  |  | 831,541 |  |  | 117,604 |  |  | 13,244 |  |  | — |  |  | 962,389 |
Capital expenditures |  |  |  |  |  |  |  | $ | 4,296 |  |  | $ | 8,612 |  |  | $ | — |  |  | $ | — |  |  | $ | 12,908 |
Note O – Operating Segment Information (continued) Revenues by geographic area for the three and nine months ended September 30, 2017 and 2016 are as follows:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2017 |  | 2016 |  | 2017 |  | 2016
Domestic (a) |  | $ | 388,350 |  |  | $ | 360,400 |  |  | $ | 1,061,867 |  |  | $ | 956,967 |
International |  | 52,843 |  |  | 47,984 |  |  | 119,861 |  |  | 106,176 |
Total |  | $ | 441,193 |  |  | $ | 408,384 |  |  | $ | 1,181,728 |  |  | $ | 1,063,143 |
(a) Includes revenues of $87,662 and $258,603 for the three and nine months ended September 30, 2017, respectively, and $86,584 and $252,599 for the comparable periods in 2016 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.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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