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SEGMENTS | 12 Months Ended
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Jan. 31, 2014
Segment Reporting [Abstract] |
SEGMENTS | NOTE K - SEGMENTS The Company’s reportable segments are business units that offer products through different channels of distribution and are managed separately. The Company has three reportable segments; licensed products, non-licensed products and retail operations. The Vilebrequin business was added to the non-licensed products segment upon its acquisition in August 2012 and the G.H. Bass business was added to the retail operations segment upon its acquisition in November 2013. There is substantial intersegment cooperation, cost allocations and sharing of assets. As a result, the Company does not represent that these segments, if operated independently, would report the operating results set forth in the table below. The following information, in thousands, is presented for the fiscal years ended:
|  | January 31, 2014 |
|  | Licensed |  |  | Non-Licensed |  |  | Retail |  |  | Elimination(1) |  |  | Total |
Net sales |  | $ | 1,145,182 |  |  | $ | 342,672 |  |  | $ | 298,008 |  |  | $ | (67,631 | ) |  | $ | 1,718,231 |
Cost of goods sold |  |  | 820,023 |  |  |  | 229,727 |  |  |  | 150,479 |  |  |  | (67,631 | ) |  |  | 1,132,598 |
Gross profit |  |  | 325,159 |  |  |  | 112,945 |  |  |  | 147,529 |  |  |  | - |  |  |  | 585,633 |
Selling, general and administrative |  |  | 228,306 |  |  |  | 84,885 |  |  |  | 127,315 |  |  |  | - |  |  |  | 440,506 |
Depreciation and amortization |  |  | 2,433 |  |  |  | 7,581 |  |  |  | 3,662 |  |  |  | - |  |  |  | 13,676 |
Operating profit |  | $ | 94,420 |  |  | $ | 20,479 |  |  | $ | 16,552 |  |  | $ | - |  |  | $ | 131,451 |
|  | January 31, 2013 |
|  | Licensed |  |  | Non-Licensed |  |  | Retail |  |  | Elimination(1) |  |  | Total |
Net sales |  | $ | 981,845 |  |  | $ | 281,916 |  |  | $ | 196,150 |  |  | $ | (60,192 | ) |  | $ | 1,399,719 |
Cost of goods sold |  |  | 702,288 |  |  |  | 203,624 |  |  |  | 102,362 |  |  |  | (60,192 | ) |  |  | 948,082 |
Gross profit |  |  | 279,557 |  |  |  | 78,292 |  |  |  | 93,788 |  |  |  | - |  |  |  | 451,637 |
Selling, general and administrative |  |  | 202,247 |  |  |  | 57,840 |  |  |  | 81,155 |  |  |  | - |  |  |  | 341,242 |
Depreciation and amortization |  |  | 2,164 |  |  |  | 5,060 |  |  |  | 2,683 |  |  |  | - |  |  |  | 9,907 |
Operating profit |  | $ | 75,146 |  |  | $ | 15,392 |  |  | $ | 9,950 |  |  | $ | - |  |  | $ | 100,488 |
|  | January 31, 2012 |
|  | Licensed |  |  | Non-Licensed |  |  | Retail |  |  | Elimination(1) |  |  | Total |
Net sales |  | $ | 840,717 |  |  | $ | 277,615 |  |  | $ | 164,343 |  |  | $ | (51,474 | ) |  | $ | 1,231,201 |
Cost of goods sold |  |  | 617,716 |  |  |  | 205,504 |  |  |  | 88,739 |  |  |  | (51,474 | ) |  |  | 860,485 |
Gross profit |  |  | 223,001 |  |  |  | 72,111 |  |  |  | 75,604 |  |  |  | - |  |  |  | 370,716 |
Selling, general and administrative |  |  | 164,070 |  |  |  | 42,295 |  |  |  | 70,654 |  |  |  | - |  |  |  | 277,019 |
Depreciation and amortization |  |  | 1,360 |  |  |  | 4,126 |  |  |  | 1,987 |  |  |  | - |  |  |  | 7,473 |
Operating profit |  | $ | 57,571 |  |  | $ | 25,690 |  |  | $ | 2,963 |  |  | $ | - |  |  | $ | 86,224 |
| (1) | Represents intersegment sales to the Company’s retail operations.
The Company allocates overhead to its business segments on various bases, which include units shipped, space utilization, inventory levels, and relative sales levels, among other factors. The method of allocation is consistent on a year-to-year basis. The total assets for each of the Company’s reportable segments are as follow:
|  | January 31, |
|  | 2014 |  |  | 2013 |
|  | (In thousands) |
Licensed |  | $ | 361,634 |  |  | $ | 351,338 |
Non-Licensed |  |  | 225,163 |  |  |  | 224,301 |
Retail |  |  | 129,895 |  |  |  | 53,404 |
Corporate |  |  | 114,205 |  |  |  | 88,729 |
Total Assets |  | $ | 830,897 |  |  | $ | 717,772 |
|  | 2014 |  |  | 2013 |  |  | 2012 |
|  |  |  |  | Long-Lived |  |  |  |  |  | Long-Lived |  |  |  |  |  | Long-Lived |
Geographic Region |  | Revenues |  |  | Assets |  |  | Revenues |  |  | Assets |  |  | Revenues |  |  | Assets |
|  | (In thousands) |
United States |  | $ | 1,528,473 |  |  | $ | 106,638 |  |  | $ | 1,333,885 |  |  | $ | 81,606 |  |  | $ | 1,185,800 |  |  | $ | 80,817 |
Non-United States |  |  | 189,758 |  |  |  | 138,069 |  |  |  | 65,834 |  |  |  | 119,582 |  |  |  | 45,401 |  |  |  | 508 |
|  | $ | 1,718,231 |  |  | $ | 244,707 |  |  | $ | 1,399,719 |  |  | $ | 201,188 |  |  | $ | 1,231,201 |  |  | $ | 81,325 |
Capital expenditures for locations outside of the United States were not significant in each of the fiscal years ended January 31, 2014, 2013 and 2012.

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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 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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