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Operating Segment Information
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Operating 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® concessions and directly-operated 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.

Corporate does not constitute as 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. The Chief Operating Decision Maker does not review asset information by segment, therefore we do not present assets in this note.


As of and for the three months ended,Wholesale FootwearWholesale Accessories/ApparelTotal WholesaleDirect-to-ConsumerFirst CostLicensingCorporateConsolidated
March 31, 2022   
Total revenue$346,715 $102,283 $448,998 $108,346 $837 $1,553 $ $559,734 
Gross profit134,074 23,914 157,988 67,520 837 1,553  227,898 
Income/(loss) from operations$94,091 $11,371 $105,462 $12,311 $595 $1,035 $(21,507)$97,896 
Capital expenditures$116 $58 $174 $842 $ $ $2,580 $3,596 
March 31, 2021     
Total revenue$216,779 $74,621 $291,400 $67,501 $583 $1,541 $— $361,025 
Gross profit73,724 20,392 94,116 42,864 583 1,541 — 139,104 
Income/(loss) from operations$44,376 $7,515 $51,891 $(4,707)$450 $1,150 $(20,740)$28,044 
Capital expenditures$281 $710 $991 $183 $— $— $424 $1,598 

Revenues by geographic area are as follows:
Three Months Ended March 31,
 20222021
Domestic (1)
$484,961 $315,601 
International74,773 45,424 
Total$559,734 $361,025 
(1) Includes revenues of $77,238 and $75,291, respectively, for the three months end March 31, 2022 and 2021 related to sales to U.S. customers where the title is transferred outside the U.S. and the sale is recorded by the Company's international entities.