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SEGMENTS | 12 Months Ended
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Jan. 31, 2018
Segment Reporting [Abstract] |
SEGMENTS | NOTE K — SEGMENTS The Company’s reportable segments are business units that offer products through different channels of distribution. The Company has two reportable segments: wholesale operations and retail operations. The wholesale operations segment includes sales of products under brands licensed by the Company from third parties, as well as sales of products under the Company’s own brands and private label brands. Wholesale sales and revenues from license agreements related to the Donna Karan, DKNY, G.H. Bass, Andrew Marc and Vilebrequin businesses are included in the wholesale operations segment. The retail operations segment consists primarily of the Wilsons Leather, G.H. Bass and DKNY stores, as well as a limited number of Calvin Klein Performance and Karl Lagerfeld Paris stores. Sales through the Company’s owned websites are also included in the retail operations segment. The following information, in thousands, is presented for the fiscal years ended:
|  |  | January 31, 2018 |
|  |  | Wholesale |  |  | Retail |  |  | Elimination(1) |  |  | Total |
Net sales |  |  |  | $ | 2,454,008 |  |  |  |  | $ | 502,494 |  |  |  |  | $ | (149,564) |  |  |  |  | $ | 2,806,938 |  |
Cost of goods sold |  |  |  |  | 1,649,726 |  |  |  |  |  | 251,871 |  |  |  |  |  | (149,564) |  |  |  |  |  | 1,752,033 |  |
Gross profit |  |  |  |  | 804,282 |  |  |  |  |  | 250,623 |  |  |  |  |  | — |  |  |  |  |  | 1,054,905 |  |
Selling, general and administrative |  |  |  |  | 571,164 |  |  |  |  |  | 284,083 |  |  |  |  |  | — |  |  |  |  |  | 855,247 |  |
Depreciation and amortization |  |  |  |  | 27,679 |  |  |  |  |  | 10,104 |  |  |  |  |  | — |  |  |  |  |  | 37,783 |  |
Asset impairments |  |  |  |  | 2,310 |  |  |  |  |  | 5,574 |  |  |  |  |  | — |  |  |  |  |  | 7,884 |  |
Operating profit (loss) |  |  |  | $ | 203,129 |  |  |  |  | $ | (49,138) |  |  |  |  | $ | — |  |  |  |  | $ | 153,991 |  |
​ | ​ | ​ | January 31, 2017 | ​
​ | ​ | ​ | Wholesale | ​ | ​ | Retail | ​ | ​ | Elimination(1) | ​ | ​ | Total | ​
Net sales(2) | ​ | ​ | ​ | $ | 2,021,736 | ​ | ​ | ​ | ​ | $ | 474,217 | ​ | ​ | ​ | ​ | $ | (109,518) | ​ | ​ | ​ | ​ | $ | 2,386,435 | ​ | ​
Cost of goods sold | ​ | ​ | ​ | ​ | 1,388,175 | ​ | ​ | ​ | ​ | ​ | 267,427 | ​ | ​ | ​ | ​ | ​ | (110,028) | ​ | ​ | ​ | ​ | ​ | 1,545,574 | ​ | ​
Gross profit | ​ | ​ | ​ | ​ | 633,561 | ​ | ​ | ​ | ​ | ​ | 206,790 | ​ | ​ | ​ | ​ | ​ | 510 | ​ | ​ | ​ | ​ | ​ | 840,861 | ​ | ​
Selling, general and administrative | ​ | ​ | ​ | ​ | 457,785 | ​ | ​ | ​ | ​ | ​ | 246,651 | ​ | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 704,436 | ​ | ​
Depreciation and amortization | ​ | ​ | ​ | ​ | 21,483 | ​ | ​ | ​ | ​ | ​ | 10,998 | ​ | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 32,481 | ​ | ​
Asset impairments | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 10,480 | ​ | ​ | ​ | ​ | ​ | — | ​ | ​ | ​ | ​ | ​ | 10,480 | ​ | ​
Operating profit (loss) | ​ | ​ | ​ | $ | 154,293 | ​ | ​ | ​ | ​ | $ | (61,339) | ​ | ​ | ​ | ​ | $ | 510 | ​ | ​ | ​ | ​ | $ | 93,464 | ​ | ​
​
|  |  | January 31, 2016 |
|  |  | Wholesale |  |  | Retail |  |  | Elimination(1) |  |  | Total |
Net sales |  |  |  | $ | 1,949,646 |  |  |  |  | $ | 514,027 |  |  |  |  | $ | (119,531) |  |  |  |  | $ | 2,344,142 |  |
Cost of goods sold |  |  |  |  | 1,348,109 |  |  |  |  |  | 276,926 |  |  |  |  |  | (119,531) |  |  |  |  |  | 1,505,504 |  |
Gross profit |  |  |  |  | 601,537 |  |  |  |  |  | 237,101 |  |  |  |  |  | — |  |  |  |  |  | 838,638 |  |
Selling, general and administrative |  |  |  |  | 398,476 |  |  |  |  |  | 230,286 |  |  |  |  |  | — |  |  |  |  |  | 628,762 |  |
Depreciation and amortization |  |  |  |  | 17,413 |  |  |  |  |  | 7,979 |  |  |  |  |  | — |  |  |  |  |  | 25,392 |  |
Operating profit (loss) |  |  |  | $ | 185,648 |  |  |  |  | $ | (1,164) |  |  |  |  | $ | — |  |  |  |  | $ | 184,484 |  |
(1) Represents intersegment sales to the Company’s retail operations segment. (2) Certain reclassifications have been made between the wholesale operations segment and the elimination column as a result of sales eliminations within the wholesale operations segment being misclassified as inter-segment eliminations. 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 has been applied consistently on a year-to-year basis. The total assets for each of the Company’s reportable segments, as well as assets not allocated to a segment, are as follows:
|  |  | January 31 |
|  |  | 2018 |  |  | 2017 |
|  |  | (In thousands) |
Wholesale |  |  |  | $ | 1,554,191 |  |  |  |  | $ | 1,477,259 |  |
Retail |  |  |  |  | 215,568 |  |  |  |  |  | 228,352 |  |
Corporate |  |  |  |  | 145,418 |  |  |  |  |  | 146,333 |  |
Total Assets |  |  |  | $ | 1,915,177 |  |  |  |  | $ | 1,851,944 |  |
The total net sales and long-lived assets by geographic region are as follows:
|  |  | 2018 |  |  | 2017 |  |  | 2016
Geographic Region |  |  | Net Sales |  |  | Long-Lived Assets |  |  | Net Sales |  |  | Long-Lived Assets |  |  | Net Sales |  |  | Long-Lived Assets
|  |  | (In thousands)
United States |  |  |  | $ | 2,466,107 |  |  |  |  | $ | 770,128 |  |  |  |  | $ | 2,180,409 |  |  |  |  | $ | 790,341 |  |  |  |  | $ | 2,157,889 |  |  |  |  | $ | 150,949
Non-United States |  |  |  |  | 340,831 |  |  |  |  |  | 185,448 |  |  |  |  |  | 206,026 |  |  |  |  |  | 178,665 |  |  |  |  |  | 186,253 |  |  |  |  |  | 130,681
|  |  |  | $ | 2,806,938 |  |  |  |  | $ | 955,576 |  |  |  |  | $ | 2,386,435 |  |  |  |  | $ | 969,006 |  |  |  |  | $ | 2,344,142 |  |  |  |  | $ | 281,630
Capital expenditures for locations outside of the United States totaled $3.7 million, $4.6 million and $4.5 million for the years ended January 31, 2018, 2017 and 2016, respectively.

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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 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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