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Segment Information (Tables) | 3 Months Ended
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May 01, 2021
Segment Reporting [Abstract] |
Summary of net revenue and earnings (loss) from operations by segment | Net revenue and earnings (loss) from operations are summarized as follows (in thousands):
| Three Months Ended |  |
| May 1, 2021 |  | May 2, 2020 |  |  |  |
Net revenue: |  |  |  |  |  |  |
Americas Retail | $ | 155,535 |  |  | $ | 74,584 |  |  |  |  |
Americas Wholesale | 45,430 |  |  | 25,875 |  |  |  |  |
Europe | 241,852 |  |  | 106,473 |  |  |  |  |
Asia | 55,660 |  |  | 40,385 |  |  |  |  |
Licensing | 21,525 |  |  | 12,934 |  |  |  |  |
Total net revenue | $ | 520,002 |  |  | $ | 260,251 |  |  |  |  |
Earnings (loss) from operations: |  |  |  |  |  |  |
Americas Retail | $ | 20,274 |  |  | $ | (36,673) |  |  |  |  |
Americas Wholesale | 11,555 |  |  | 1,624 |  |  |  |  |
Europe | 4,198 |  |  | (44,406) |  |  |  |  |
Asia | (1,808) |  |  | (22,777) |  |  |  |  |
Licensing | 19,431 |  |  | 10,094 |  |  |  |  |
Total segment earnings (loss) from operations | 53,650 |  |  | (92,138) |  |  |  |  |
Corporate overhead | (28,776) |  |  | (16,921) |  |  |  |  |
Asset impairment charges 1 | (441) |  |  | (52,972) |  |  |  |  |
Net gains (losses) on lease modifications 2 | 2,145 |  |  | (456) |  |  |  |  |
Total earnings (loss) from operations | $ | 26,578 |  |  | $ | (162,487) |  |  |  |  |
______________________________________________________________________ Notes: 1 During the three months ended May 1, 2021 and May 2, 2020 , the Company recognized asset impairment charges related primarily to impairment of certain operating lease ROU assets and impairment of property and equipment related to certain retail locations resulting from lower revenue and future cash flow projections from the ongoing effects of the COVID-19 pandemic. Refer to Note 2 and Note 15 for more information regarding these asset impairment charges. 2 During the three months ended May 1, 2021 and May 2, 2020, the Company recorded net gains (losses) on lease modifications related primarily to the early termination of lease agreements for certain of the Company’s retail locations.
Summary of net revenue by country | Net revenue is classified primarily based on the country where the Company’s customer is located (in thousands):
| Three Months Ended |  |
| May 1, 2021 |  | May 2, 2020 |  |  |  |
Net revenue: |  |  |  |  |  |  |
U.S. | $ | 157,066 |  |  | $ | 69,465 |  |  |  |  |
Italy | 47,553 |  |  | 19,352 |  |  |  |  |
Germany | 34,678 |  |  | 11,362 |  |  |  |  |
South Korea | 27,809 |  |  | 21,224 |  |  |  |  |
Canada | 26,640 |  |  | 16,677 |  |  |  |  |
Spain | 25,507 |  |  | 12,996 |  |  |  |  |
Other foreign countries | 179,224 |  |  | 96,241 |  |  |  |  |
Total product sales | 498,477 |  |  | 247,317 |  |  |  |  |
Net royalties | 21,525 |  |  | 12,934 |  |  |  |  |
Net revenue | $ | 520,002 |  |  | $ | 260,251 |  |  |  |  |

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