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v3.20.2

Operating Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
As of and for the three months ended, |  | Wholesale Footwear |  | Wholesale Accessories/Apparel |  | Total Wholesale |  | Retail |  | First Cost |  | Licensing |  | Consolidated
June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 77,966 |  |  | $ | 22,018 |  |  | $ | 99,984 |  |  | $ | 41,379 |  |  | $ | 252 |  |  | $ | 1,197 |  |  | $ | 142,812 |
Gross profit |  | 21,744 |  |  | 4,806 |  |  | 26,550 |  |  | 27,889 |  |  | 252 |  |  | 1,197 |  |  | 55,888 |
(Loss)/income from operations |  | (10,699) |  |  | (4,404) |  |  | (15,103) |  |  | (8,933) |  |  | (172) |  |  | 506 |  |  | (23,702) |
Segment assets |  | $ | 822,087 |  |  | $ | 112,917 |  |  | 935,004 |  |  | 183,657 |  |  | 7,290 |  |  | 6,441 |  |  | 1,132,392 |
Capital expenditures |  |  |  |  |  | $ | 767 |  |  | $ | 252 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,019 |
June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 286,237 |  |  | $ | 77,265 |  |  | $ | 363,502 |  |  | $ | 81,472 |  |  | $ | 1,576 |  |  | $ | 3,079 |  |  | $ | 449,629 |
Gross profit |  | 94,657 |  |  | 22,012 |  |  | 116,669 |  |  | 48,676 |  |  | 1,576 |  |  | 3,079 |  |  | 170,000 |
Income/(loss) from operations |  | 38,429 |  |  | 4,750 |  |  | 43,179 |  |  | (1,693) |  |  | 951 |  |  | 2,196 |  |  | 44,633 |
Segment assets |  | $ | 911,077 |  |  | $ | 101,041 |  |  | 1,012,118 |  |  | 253,025 |  |  | 8,721 |  |  | 7,696 |  |  | 1,281,560 |
Capital expenditures |  |  |  |  |  | $ | 1,273 |  |  | $ | 1,542 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,815 |
As of and for the six months ended, |  | Wholesale Footwear |  | Wholesale Accessories/Apparel |  | Total Wholesale |  | Retail |  | First Cost |  | Licensing |  | Consolidated
June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 313,035 |  |  | $ | 89,690 |  |  | $ | 402,725 |  |  | $ | 94,322 |  |  | $ | 1,502 |  |  | $ | 3,431 |  |  | $ | 501,980 |
Gross profit |  | 101,528 |  |  | 23,318 |  |  | 124,846 |  |  | 59,573 |  |  | 1,502 |  |  | 3,431 |  |  | 189,352 |
Income/(loss) from operations |  | 18,392 |  |  | (15,025) |  |  | 3,367 |  |  | (54,736) |  |  | (24) |  |  | 1,443 |  |  | (49,950) |
Segment assets |  | $ | 822,087 |  |  | $ | 112,917 |  |  | 935,004 |  |  | 183,657 |  |  | 7,290 |  |  | 6,441 |  |  | 1,132,392 |
Capital expenditures |  |  |  |  |  | $ | 3,417 |  |  | $ | 903 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,320 |
June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 562,825 |  |  | $ | 148,772 |  |  | $ | 711,597 |  |  | $ | 144,317 |  |  | $ | 3,934 |  |  | $ | 5,569 |  |  | $ | 865,417 |
Gross profit |  | 192,978 |  |  | 43,928 |  |  | 236,906 |  |  | 85,436 |  |  | 3,934 |  |  | 5,569 |  |  | 331,845 |
Income/(loss) from operations |  | 86,701 |  |  | 9,617 |  |  | 96,318 |  |  | (11,399) |  |  | 535 |  |  | 3,839 |  |  | 89,293 |
Segment assets |  | $ | 911,077 |  |  | $ | 101,041 |  |  | 1,012,118 |  |  | 253,025 |  |  | 8,721 |  |  | 7,696 |  |  | 1,281,560 |
Capital expenditures |  |  |  |  |  | $ | 2,965 |  |  | $ | 3,249 |  |  | $ | — |  |  | $ | — |  |  | $ | 6,214 |
Schedule of Revenues, by Geographic Area |
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
(Loss)/income before provision for income taxes | $ | (23,345) |  |  | $ | 45,895 |  |  | $ | (48,547) |  |  | $ | 91,747 |
Income tax (benefit)/expense | $ | (6,201) |  |  | $ | 9,784 |  |  | $ | (13,602) |  |  | $ | 20,371 |
Effective tax rate | 26.6 | % |  | 21.3 | % |  | 28.0 | % |  | 22.2 | %
Revenue from External Customers by Geographic Areas | Revenues by geographic area are as follows:
|  | Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Domestic (a) |  | $ | 126,130 |  |  | $ | 403,977 |  |  | $ | 444,067 |  |  | $ | 772,410 |
International |  | 16,682 |  |  | 45,652 |  |  | 57,913 |  |  | 93,007 |
Total |  | $ | 142,812 |  |  | $ | 449,629 |  |  | $ | 501,980 |  |  | $ | 865,417 |
(a) Includes revenues of $49,659 and $117,984 for the three and six months ended June 30, 2020, respectively, and $101,855 and $178,972 for the comparable periods in 2019 related to sales to U.S. customers where the title is transferred outside the U.S. and the sale is recorded by our international entities. |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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