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SEGMENTS (Tables) | 3 Months Ended
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Apr. 30, 2025
SEGMENTS |
Schedule of information regarding reportable segments | The following segment information is presented for the three month periods indicated below: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended April 30, 2025
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
​ | ​ | (In thousands)
Net sales | ​ | $ | 562,649 | ​ | $ | 36,375 | ​ | $ | (15,415) | ​ | $ | 583,609
Cost of goods sold | ​ | ​ | 335,565 | ​ | ​ | 16,915 | ​ | ​ | (15,415) | ​ | ​ | 337,065
Gross profit | ​ | ​ | 227,084 | ​ | ​ | 19,460 | ​ | ​ | — | ​ | ​ | 246,544
Selling, general and administrative expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Compensation | ​ | ​ | 96,873 | ​ | ​ | 7,269 | ​ | ​ | — | ​ | ​ | 104,142
Facility fees | ​ | ​ | 45,486 | ​ | ​ | 7,386 | ​ | ​ | — | ​ | ​ | 52,872
Advertising | ​ | ​ | 28,172 | ​ | ​ | 3,433 | ​ | ​ | — | ​ | ​ | 31,605
Other segment items(2) | ​ | ​ | 39,180 | ​ | ​ | 3,696 | ​ | ​ | — | ​ | ​ | 42,876
Total selling, general and administrative expenses | ​ | ​ | 209,711 | ​ | ​ | 21,784 | ​ | ​ | — | ​ | ​ | 231,495
Depreciation and amortization | ​ | ​ | 5,692 | ​ | ​ | 881 | ​ | ​ | — | ​ | ​ | 6,573
Operating profit (loss) | ​ | $ | 11,681 | ​ | $ | (3,205) | ​ | $ | — | ​ | $ | 8,476
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended April 30, 2024
​ |  | Wholesale |  | Retail |  | Elimination (1) |  | Total
​ | ​ | (In thousands)
Net sales | ​ | $ | 597,766 | ​ | $ | 30,528 | ​ | $ | (18,547) | ​ | $ | 609,747
Cost of goods sold | ​ | ​ | 353,228 | ​ | ​ | 16,173 | ​ | ​ | (18,547) | ​ | ​ | 350,854
Gross profit | ​ | ​ | 244,538 | ​ | ​ | 14,355 | ​ | ​ | — | ​ | ​ | 258,893
Selling, general and administrative expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Compensation | ​ | ​ | 100,231 | ​ | ​ | 7,514 | ​ | ​ | — | ​ | ​ | 107,745
Facility fees | ​ | ​ | 45,991 | ​ | ​ | 8,182 | ​ | ​ | — | ​ | ​ | 54,173
Advertising | ​ | ​ | 33,967 | ​ | ​ | 2,266 | ​ | ​ | — | ​ | ​ | 36,233
Other segment items(2) | ​ | ​ | 35,386 | ​ | ​ | 3,084 | ​ | ​ | — | ​ | ​ | 38,470
Total selling, general and administrative expenses | ​ | ​ | 215,575 | ​ | ​ | 21,046 | ​ | ​ | — | ​ | ​ | 236,621
Depreciation and amortization | ​ | ​ | 7,015 | ​ | ​ | 1,753 | ​ | ​ | — | ​ | ​ | 8,768
Operating profit (loss) | ​ | $ | 21,948 | ​ | $ | (8,444) | ​ | $ | — | ​ | $ | 13,504
(1)Represents intersegment sales to the Company’s retail operations segment. (2)Other segment items include design and product development costs, professional fees, office expenses, freight and packaging and other selling, general and administrative expenses.
Schedule of total net sales by licensed and proprietary product sales | The total net sales by licensed and proprietary product sales for each of the Company’s reportable segments are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ |  | April 30, 2025 |  | April 30, 2024
​ | ​ | (In thousands)
Licensed brands | ​ | $ | 199,060 | ​ | $ | 261,706
Proprietary brands | ​ | ​ | 363,589 | ​ | ​ | 336,060
Wholesale net sales | ​ | $ | 562,649 | ​ | $ | 597,766
​ | ​ | ​ | ​ | ​ | ​ | ​
Licensed brands | ​ | $ | — | ​ | $ | —
Proprietary brands | ​ | ​ | 36,375 | ​ | ​ | 30,528
Retail net sales | ​ | $ | 36,375 | ​ | $ | 30,528
Schedule of total net sales and long-lived assets by geographic region | The total assets for each of the Company’s reportable segments, as well as assets not allocated to a segment, are as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | April 30, 2025 |  | April 30, 2024 |  | January 31, 2025
​ | ​ | (In thousands)
Wholesale | ​ | $ | 1,489,257 | ​ | $ | 1,451,637 | ​ | $ | 1,508,111
Retail | ​ | ​ | 94,998 | ​ | ​ | 118,232 | ​ | ​ | 97,226
Corporate | ​ | ​ | 831,618 | ​ | ​ | 995,530 | ​ | ​ | 877,897
Total assets | ​ | $ | 2,415,873 | ​ | $ | 2,565,399 | ​ | $ | 2,483,234

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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