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Segment Information
 12 Months Ended
Jan. 29, 2022
Segment Reporting [Abstract]  
Segment Information Segment InformationThe Company’s reportable business segments and respective accounting policies of the segments are the same as those described in Note 1. Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before corporate performance-based compensation costs, asset impairment charges, net gains (losses) from lease modifications, restructuring charges and certain non-recurring credits (charges), if any. Corporate overhead, asset impairment charges, net gains (losses) from lease modifications, interest income, interest expense and other income (expense) are evaluated on a consolidated basis and not
allocated to the Company’s business segments. The Company does not evaluate performance or allocate resources based on segment asset data, and therefore total segment assets are not presented.
Segment information is summarized as follows (in thousands):
Year EndedYear EndedYear Ended
Jan 29, 20221
Jan 30, 20211
Feb 1, 20201
Net revenue:   
Americas Retail$759,117 $510,806 $811,547 
Americas Wholesale201,202 117,607 186,389 
Europe1,297,550 941,546 1,248,114 
Asia2
237,053 232,574 346,212 
Licensing96,709 73,996 85,847 
Total net revenue
$2,591,631 $1,876,529 $2,678,109 
Earnings (loss) from operations:   
Americas Retail$124,902 $(15,776)$22,279 
Americas Wholesale53,731 19,912 35,674 
Europe174,860 66,790 134,078 
Asia2
(4,114)(20,758)(8,894)
Licensing88,136 67,938 74,459 
Total segment earnings from operations
437,515 118,106 257,596 
Corporate overhead(129,588)(100,962)(106,948)
Asset impairment charges3
(3,149)(80,442)(9,977)
Net gains on lease modifications4
259 2,801 — 
Total earnings (loss) from operations$305,037 $(60,497)$140,671 
Capital expenditures:   
Americas Retail$7,152 $3,052 $19,411 
Americas Wholesale1,024 53 980 
Europe47,034 12,631 33,036 
Asia4,337 1,915 6,782 
Corporate overhead 3,974 1,225 1,659 
Total capital expenditures
$63,521 $18,876 $61,868 
______________________________________________________________________
1The Company operates on a 52-week fiscal year calendar, which ends on the Saturday nearest to January 31 of each year.
2Within Asia, the Company recorded a loss from operations in China during fiscal 2021, which included approximately $12 million for inventory obsolescence, as well as additional reserves for returns and markdowns, primarily due to the COVID-19 pandemic.
3During fiscal 2022 and fiscal 2021, the Company recognized asset impairment charges related primarily to the impairment of certain operating lease ROU assets and impairment of property and equipment related to certain retail stores resulting from lower revenue and future cash flow projections from the ongoing effects of the COVID-19 pandemic and expected store closures. During fiscal 2020, the Company recognized asset impairment charges related primarily to impairment of property and equipment related to certain retail locations resulting from under-performance and expected store closures. Refer to Notes 5 and Note 9 for further information.
4During fiscal 2022 and fiscal 2021, the Company recorded net gains on lease modifications related primarily to the early termination of certain lease agreements. Refer to Note 1 for more information regarding the net gains on lease modifications.
The below presents information regarding geographic areas in which the Company operated. Net revenue is classified primarily based on the country where the Company’s customer is located as follows (in thousands):
Year EndedYear EndedYear Ended
Jan 29, 2022Jan 30, 2021Feb 1, 2020
Net product sales:   
U.S.$722,610 $461,555 $725,938 
Italy265,106 182,115 298,124 
Germany189,083 138,762 126,740 
Canada150,339 104,432 180,947 
Spain137,037 97,032 152,782 
South Korea126,563 120,703 144,955 
Other foreign countries904,184 697,934 962,776 
Total product sales
2,494,922 1,802,533 2,592,262 
Net royalties
96,709 73,996 85,847 
Net revenue
$2,591,631 $1,876,529 $2,678,109 
The Company’s long-lived assets by geographic location are as follows (in thousands):
Jan 29, 2022Jan 30, 2021
Long-lived assets:  
U.S. $256,685 $312,346 
Italy115,356 114,021 
Germany38,757 29,112 
Canada23,994 30,024 
Spain121,392 125,655 
South Korea8,440 10,491 
Other foreign countries412,478 409,167 
Total long-lived assets
$977,102 $1,030,816