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Operating Segment Information | 9 Months Ended
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Sep. 30, 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 and through our joint ventures and our 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, and through our joint ventures and our international distributor network. Our Direct-to-Consumer segment, which was referred to as the Retail segment in previous filings, consists of Steve Madden® and Dolce Vita® full-price retail stores, Steve Madden® outlet stores, Steve Madden® concessions and directly-operated e-commerce websites. O ur 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 that earn a commission for serving as a buying agent for footwear products under private labels for select national chains, specialty retailers and value-priced retailers. During the third quarter of 2022, most of our First Cost segment customers transitioned to our Wholesale segment. Our Licensing segment is engaged in the licensing of the Steve Madden®, Betsey Johnson®, Madden NYC™, Madden Girl® and other trademark rights 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 a reportable segment and includes costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security and other shared services. 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 Footwear |  | Wholesale Accessories/Apparel |  | Total Wholesale |  | Direct-to-Consumer |  | First Cost |  | Licensing |  | Corporate (1) | Consolidated
September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 330,775 |  |  | $ | 103,851 |  |  | $ | 434,626 |  |  | $ | 118,494 |  |  | $ | 1 |  |  | $ | 3,522 |  |  | $ | — |  | $ | 556,643 |
Gross profit |  | 124,355 |  |  | 29,054 |  |  | 153,409 |  |  | 72,544 |  |  | 1 |  |  | 3,522 |  |  | — |  | 229,476 |
Income/(loss) from operations |  | $ | 78,577 |  |  | $ | 8,974 |  |  | $ | 87,551 |  |  | $ | 9,885 |  |  | $ | (60) |  |  | $ | 3,268 |  |  | $ | (21,892) |  | $ | 78,752 |
Capital expenditures |  | $ | 146 |  |  | $ | 144 |  |  | $ | 290 |  |  | $ | 2,128 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,434 |  | $ | 4,852 |
September 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 304,203 |  |  | $ | 97,811 |  |  | $ | 402,014 |  |  | $ | 123,054 |  |  | $ | 991 |  |  | $ | 2,683 |  |  | $ | — |  | $ | 528,742 |
Gross profit |  | 108,019 |  |  | 27,184 |  |  | 135,203 |  |  | 81,121 |  |  | 991 |  |  | 2,683 |  |  | — |  | 219,998 |
Income/(loss) from operations |  | $ | 70,515 |  |  | $ | 13,310 |  |  | $ | 83,825 |  |  | $ | 22,539 |  |  | $ | 695 |  |  | $ | 1,991 |  |  | $ | (20,632) |  | $ | 88,418 |
Capital expenditures |  | $ | 171 |  |  | $ | 58 |  |  | $ | 229 |  |  | $ | 458 |  |  | $ | 3 |  |  | $ | — |  |  | $ | 1,126 |  | $ | 1,816 |
As of and for the nine months ended, |  | Wholesale Footwear |  | Wholesale Accessories/Apparel |  | Total Wholesale |  | Direct-to-Consumer |  | First Cost |  | Licensing |  | Corporate (1) | Consolidated
September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 968,886 |  |  | $ | 311,877 |  |  | $ | 1,280,763 |  |  | $ | 362,381 |  |  | $ | 914 |  |  | $ | 7,308 |  |  | $ | — |  | $ | 1,651,366 |
Gross profit |  | 360,296 |  |  | 76,616 |  |  | 436,912 |  |  | 230,005 |  |  | 914 |  |  | 7,308 |  |  | — |  | $ | 675,139 |
Income/(loss) from operations |  | $ | 232,669 |  |  | $ | 25,470 |  |  | $ | 258,139 |  |  | $ | 42,667 |  |  | $ | 710 |  |  | $ | 5,875 |  |  | $ | (65,504) |  | $ | 241,887 |
Capital expenditures |  | $ | 344 |  |  | $ | 234 |  |  | $ | 578 |  |  | $ | 4,268 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,269 |  | $ | 10,115 |
September 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue |  | $ | 719,094 |  |  | $ | 236,444 |  |  | $ | 955,538 |  |  | $ | 323,227 |  |  | $ | 1,909 |  |  | $ | 6,987 |  |  | $ | — |  | $ | 1,287,661 |
Gross profit |  | 247,139 |  |  | 62,351 |  |  | 309,490 |  |  | 210,771 |  |  | 1,909 |  |  | 6,987 |  |  | — |  | $ | 529,157 |
Income/(loss) from operations |  | $ | 159,049 |  |  | $ | 15,468 |  |  | $ | 174,517 |  |  | $ | 43,632 |  |  | $ | 1,577 |  |  | $ | 5,826 |  |  | $ | (61,372) |  | $ | 164,180 |
Capital expenditures |  | $ | 634 |  |  | $ | 784 |  |  | $ | 1,418 |  |  | $ | 739 |  |  | $ | 3 |  |  | $ | — |  |  | $ | 2,439 |  | $ | 4,599 |
(1) Corporate does not constitute a reportable segment and includes costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security and other shared services. Revenues by geographic area are as follows:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Domestic (1) |  | $ | 448,873 |  |  | $ | 460,246 |  |  | $ | 1,387,539 |  |  | $ | 1,128,992 |
International |  | 107,770 |  |  | 68,496 |  |  | 263,827 |  |  | 158,669 |
Total |  | $ | 556,643 |  |  | $ | 528,742 |  |  | $ | 1,651,366 |  |  | $ | 1,287,661 |
(1) Includes revenues of $50,417 and $222,995, respectively, for the three and nine months ended September 30, 2022 and $86,906 and $225,357, respectively, for the comparable period in 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.

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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