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Operating Segment Information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Operating Segment Information
Note T – Segment Information
The Company operates the following operating segments, which are presented as reportable segments: Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, First Cost and Licensing. Our Wholesale Footwear segment designs, sources and markets our brands and sells our products to department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers and independent stores throughout the United States, Canada, Mexico, Europe, South Africa, and through our joint ventures and international distributor network. Our Wholesale Accessories/Apparel segment designs, sources and markets our brands and sells our products to department stores, mass merchants, off-price retailers, online retailers, specialty retailers and independent stores throughout the United States, Canada, Mexico, Europe, South Africa, and through our joint ventures and international distributor network. Our Direct-to-Consumer segment, which was referred to as the Retail segment in previous filings, consists of Steve Madden® and Superga® full-price retail stores, Steve Madden® outlet stores, Steve Madden® shop-in-shops and directly-operated digital e-commerce websites. Our retail stores are located in regional malls and shopping centers, as well as high streets in major cities across the United States, Canada, Mexico, South Africa, Israel, Taiwan and China. Our First Cost segment represents activities of one of our wholly-owned subsidiaries that earns commissions for serving as a buying agent for footwear products under private labels for select national chains, specialty retailers and value-priced retailers. Our Licensing segment is engaged in the licensing of the Steve Madden® and Madden Girl® trademarks for use in connection with the manufacturing, marketing and sale of select apparel categories, outerwear, hosiery, jewelry, hair accessories, watches, eyeglasses, sunglasses, umbrellas, bedding, luggage, fragrance and men’s leather accessories.
As of 2021, the Company displayed unallocated corporate expenses separately for all periods presented. Our Corporate activities do not constitute a reportable segment and include costs not directly attributable to the segments that are primarily related to costs associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security and other shared costs. The Chief Operating Decision Maker does not review asset information by segment, therefore we do not present assets in this note.
(in thousands)Wholesale FootwearWholesale Accessories/ApparelTotal WholesaleDirect-to- ConsumerFirst CostLicensing
Corporate (1)
Consolidated
For the Year Ended December 31, 2021
Total revenue$1,022,322 $343,675 $1,365,997 $487,906 $2,346 $9,893 $— $1,866,142 
Gross profit345,167 94,675 439,842 315,416 2,346 9,893 — 767,497 
Income/(loss) from operations217,163 26,628 243,791 74,542 1,971 8,108 (84,815)243,597 
Depreciation and amortization2,946 2,769 5,715 3,976 — — 5,517 15,208 
Capital expenditures1,051 807 1,858 1,156 9 — 3,585 6,608 
For the Year Ended December 31, 2020
Total revenue$713,662 $235,892 $949,554 $239,389 $3,902 $8,969 $— $1,201,814 
Gross profit226,557 70,908 297,465 154,205 3,902 8,969 — 464,541 
Income/(loss) from operations91,887 (2,453)89,434 (58,889)2,594 5,828 (70,572)(31,605)
Depreciation and amortization3,143 2,586 5,729 6,696 92 — 4,843 17,360 
Capital expenditures1,206 164 1,370 1,472 — — 3,720 6,562 
For the Year Ended December 31, 2019
Total revenue$1,112,091 $334,862 $1,446,953 $321,182 $7,441 $11,581 $— $1,787,157 
Gross profit373,587 98,131 471,718 195,277 7,441 11,581 — 686,017 
Income/(loss) from operations216,917 37,609 254,526 2,210 (6,502)8,154 (81,574)176,814 
Depreciation and amortization4,287 3,186 7,473 9,177 179 — 4,508 21,337 
Capital expenditures1,937 91 2,028 5,306 — — 10,977 18,311 
(1) Revised to present unallocated corporate expenses separately for all periods presented. Corporate does not constitute a reportable segment and includes costs not directly attributable to the segments that are primarily related to costs associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security and other shared costs.
Revenues by geographic area were as follows:
Year Ended December 31,
(in thousands)202120202019
Domestic(1)
$1,641,090 $1,054,348 $1,572,224 
International225,052 147,466 214,932 
Total$1,866,142 $1,201,814 $1,787,157 
(1) Includes revenues of $329,934, $249,235 and $333,704 for the years ended 2021, 2020 and 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.