XML 16 R12.htm IDEA: XBRL DOCUMENT  v2.3.0.11

Segment Information

3 Months Ended

Apr. 30, 2011

Segment Information

Segment Information

(7)           Segment Information

The Company’s businesses are grouped into five reportable segments for management and internal financial reporting purposes:  North American Retail, Europe, Asia, North American Wholesale and Licensing. Management evaluates segment performance based primarily on revenues and earnings from operations. The Company believes this segment reporting reflects how its five business segments are managed and each segment’s performance is evaluated. The North American Retail segment includes the Company’s retail operations in North America. The Europe segment includes the Company’s wholesale and retail operations in Europe and the Middle East. The Asia segment includes the Company’s wholesale and retail operations in Asia. The North American Wholesale segment includes the Company’s wholesale operations in North America. The Licensing segment includes the worldwide licensing operations of the Company. The business segment operating results exclude corporate overhead costs which consist of shared costs of the organization. These costs are presented separately and generally include, among other things, the following unallocated corporate costs: information technology, human resources, global advertising and marketing, accounting and finance, executive compensation, facilities and legal.

Net revenue and earnings from operations are summarized as follows for the three months ended April 30, 2011 and May 1, 2010 (in thousands):

		Three Months Ended
		April 30, 2011			May 1, 2010
Net revenue:
North American Retail		$	247,457		$	235,773
Europe		210,209			186,968
Asia		60,087			48,586
North American Wholesale		45,646			42,728
Licensing		28,845			25,286
		$	592,244		$	539,341
Earnings (loss) from operations:
North American Retail		$	18,630		$	24,372
Europe		33,181			34,482
Asia		7,101			7,137
North American Wholesale		11,114			10,211
Licensing		25,290			21,860
Corporate overhead		(24,383		)	(26,735		)
		$	70,933		$	71,327

Due to the seasonal nature of the Company’s business segments, the above net revenue and operating results are not necessarily indicative of the results that may be expected for the full fiscal year.

X

- Details

Name:	ges_SegmentInformationDisclosureAbstract
Namespace Prefix:	ges
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

This element may be used to capture the complete disclosure of 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% 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 Statement of Financial Accounting Standard (FAS)
-Number 131

+ Details

Name:	us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix:	us-gaap
Data Type:	us-types:textBlockItemType
Balance Type:	na
Period Type:	duration