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Segment Information
3 Months Ended
Apr. 30, 2016
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company’s businesses are grouped into five reportable segments for management and internal financial reporting purposes: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Company’s operating segments are the same as its reportable segments. Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before restructuring charges, if any. The Company believes this segment reporting reflects how its five business segments are managed and how each segment’s performance is evaluated by the Company’s chief operating decision maker to assess performance and make resource allocation decisions. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America. The Europe segment includes the Company’s retail, e-commerce and wholesale operations in Europe and the Middle East. The Asia segment includes the Company’s retail, e-commerce and wholesale operations in Asia. The Americas Wholesale segment includes the Company’s wholesale operations in the Americas. 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, and restructuring charges. These costs are presented separately and generally include, among other things, the following unallocated corporate costs: accounting and finance, executive compensation, facilities, global advertising and marketing, human resources, information technology and legal.
Net revenue and earnings (loss) from operations are summarized as follows for the three months ended April 30, 2016 and May 2, 2015 (in thousands):    
 
Three Months Ended
 
Apr 30, 2016
 
May 2, 2015
Net revenue:
 

 
 

Americas Retail
$
204,161

 
$
214,249

Europe
135,380

 
137,397

Asia
54,129

 
64,035

Americas Wholesale
32,798

 
37,278

Licensing
22,347

 
25,865

Total net revenue
$
448,815

 
$
478,824

Earnings (loss) from operations:
 

 
 

Americas Retail
$
(12,601
)
 
$
(7,209
)
Europe
(14,085
)
 
(3,668
)
Asia
(669
)
 
4,613

Americas Wholesale
5,611

 
6,747

Licensing
20,415

 
23,025

Corporate Overhead
(21,566
)
 
(19,155
)
Restructuring Charges
(6,083
)
 

Total earnings (loss) from operations
$
(28,978
)
 
$
4,353


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. Restructuring charges incurred during the three months ended April 30, 2016 related to plans to better align the Company’s global cost and organizational structure with its current strategic initiatives. Refer to Note 6 for more information regarding these restructuring charges.