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SEGMENTS | 12 Months Ended
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Jan. 31, 2020
Segments [Abstract] |
SEGMENTS | NOTE M — 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 the Company’s owned, licensed and private label brands, as well as sales related to the Vilebrequin business. Wholesale revenues also include revenues from license agreements related to our owned trademarks including DKNY, Donna Karan, Vilebrequin, G.H. Bass and Andrew Marc. The retail operations segment consists primarily of direct sales to consumers through Company-operated stores, consisting primarily of Wilsons Leather, G.H. Bass and DKNY stores, substantially all of which are operated as outlet stores, as well as a smaller number of Karl Lagerfeld Paris and Calvin Klein Performance stores. Sales through the Company’s owned websites, with the exception of Vilebrequin, are also included in the retail operations segment. ​ The following segment information, in thousands, is presented for the fiscal years ended: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31, 2020
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
Net sales | ​ | $ | 2,862,889 | ​ | $ | 385,910 | ​ | $ | (88,335) | ​ | $ | 3,160,464
Cost of goods sold | ​ | ​ | 1,925,062 | ​ | ​ | 205,797 | ​ | ​ | (88,335) | ​ | ​ | 2,042,524
Gross profit | ​ | ​ | 937,827 | ​ | ​ | 180,113 | ​ | ​ | — | ​ | ​ | 1,117,940
Selling, general and administrative expenses | ​ | ​ | 604,377 | ​ | ​ | 227,803 | ​ | ​ | — | ​ | ​ | 832,180
Depreciation and amortization | ​ | ​ | 30,806 | ​ | ​ | 7,929 | ​ | ​ | — | ​ | ​ | 38,735
Asset impairments, net of gain on lease terminations | ​ | ​ | 412 | ​ | ​ | 18,959 | ​ | ​ | — | ​ | ​ | 19,371
Operating profit (loss) | ​ | $ | 302,232 | ​ | $ | (74,578) | ​ | $ | — | ​ | $ | 227,654
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31, 2019
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
Net sales | ​ | $ | 2,716,958 | ​ | $ | 476,764 | ​ | $ | (117,514) | ​ | $ | 3,076,208
Cost of goods sold | ​ | ​ | 1,837,335 | ​ | ​ | 249,278 | ​ | ​ | (117,514) | ​ | ​ | 1,969,099
Gross profit | ​ | ​ | 879,623 | ​ | ​ | 227,486 | ​ | ​ | — | ​ | ​ | 1,107,109
Selling, general and administrative expenses | ​ | ​ | 570,290 | ​ | ​ | 264,473 | ​ | ​ | — | ​ | ​ | 834,763
Depreciation and amortization | ​ | ​ | 29,644 | ​ | ​ | 9,175 | ​ | ​ | — | ​ | ​ | 38,819
Asset impairments | ​ | ​ | — | ​ | ​ | 2,813 | ​ | ​ | — | ​ | ​ | 2,813
Operating profit (loss) | ​ | $ | 279,689 | ​ | $ | (48,975) | ​ | $ | — | ​ | $ | 230,714
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | January 31, 2018
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
Net sales | ​ | $ | 2,454,008 | ​ | $ | 502,494 | ​ | $ | (149,564) | ​ | $ | 2,806,938
Cost of goods sold | ​ | ​ | 1,650,084 | ​ | ​ | 251,679 | ​ | ​ | (149,564) | ​ | ​ | 1,752,199
Gross profit | ​ | ​ | 803,924 | ​ | ​ | 250,815 | ​ | ​ | — | ​ | ​ | 1,054,739
Selling, general and administrative expenses | ​ | ​ | 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) | ​ | $ | 202,771 | ​ | $ | (48,946) | ​ | $ | — | ​ | $ | 153,825
(1) | Represents intersegment sales to the Company’s retail operations segment.
​ 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, | ​ | January 31,
​ |  | 2020 |  | 2019
​ | ​ | (In thousands)
Wholesale | ​ | $ | 1,912,175 | ​ | $ | 1,834,610
Retail | ​ | ​ | 272,832 | ​ | ​ | 190,996
Corporate | ​ | ​ | 380,130 | ​ | ​ | 182,452
Total Assets | ​ | $ | 2,565,137 | ​ | $ | 2,208,058
​ The total net sales and long-lived assets by geographic region are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2020 | ​ | 2019 | ​ | 2018
​ | ​ | ​ | ​ | ​ | Long-Lived | ​ | ​ | ​ | ​ | Long-Lived | ​ | ​ | ​ | ​ | Long-Lived
Geographic Region |  | Net Sales |  | Assets |  | Net Sales |  | Assets |  | Net Sales |  | Assets
United States | ​ | $ | 2,774,492 | ​ | $ | 964,476 | ​ | $ | 2,656,479 | ​ | $ | 762,444 | ​ | $ | 2,466,107 | ​ | $ | 770,128
Non-United States | ​ | ​ | 385,972 | ​ | ​ | 231,973 | ​ | ​ | 419,729 | ​ | ​ | 191,719 | ​ | ​ | 340,831 | ​ | ​ | 185,448
​ | ​ | $ | 3,160,464 | ​ | $ | 1,196,449 | ​ | $ | 3,076,208 | ​ | $ | 954,163 | ​ | $ | 2,806,938 | ​ | $ | 955,576
​ Capital expenditures for locations outside of the United States totaled $4.6 million, $4.3 million and $3.7 million for the years ended January 31, 2020, 2019 and 2018, 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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