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Segment Information (Tables) | 9 Months Ended
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Oct. 28, 2023
Segment Reporting [Abstract] |
Summary of net revenue and earnings (loss) from operations by segment | Net revenue and earnings (loss) from operations are summarized (in thousands):
| Three Months Ended |  | Nine Months Ended
| Oct 28, 2023 |  | Oct 29, 2022 |  | Oct 28, 2023 |  | Oct 29, 2022
Net revenue: |  |  |  |  |  |  |
Europe | $ | 344,472 |  |  | $ | 323,754 |  |  | $ | 990,981 |  |  | $ | 936,470 |
Americas Retail | 153,872 |  |  | 165,603 |  |  | 464,984 |  |  | 513,743 |
Americas Wholesale | 55,288 |  |  | 53,181 |  |  | 150,361 |  |  | 171,733 |
Asia | 64,498 |  |  | 63,118 |  |  | 194,210 |  |  | 168,705 |
Licensing | 33,040 |  |  | 27,747 |  |  | 84,944 |  |  | 78,915 |
Total net revenue | $ | 651,170 |  |  | $ | 633,403 |  |  | $ | 1,885,480 |  |  | $ | 1,869,566 |
Earnings (loss) from operations: |  |  |  |  |  |  |
Europe | $ | 35,555 |  |  | $ | 36,222 |  |  | $ | 84,344 |  |  | $ | 88,650 |
Americas Retail | 8,086 |  |  | 11,365 |  |  | 20,060 |  |  | 49,552 |
Americas Wholesale | 16,106 |  |  | 10,229 |  |  | 40,264 |  |  | 39,068 |
Asia | 636 |  |  | (5) |  |  | 3,927 |  |  | (6,792) |
Licensing | 30,770 |  |  | 24,849 |  |  | 79,419 |  |  | 70,499 |
Total segment earnings from operations | 91,153 |  |  | 82,660 |  |  | 228,014 |  |  | 240,977 |
Corporate overhead | (34,106) |  |  | (26,216) |  |  | (105,164) |  |  | (92,757) |
Asset impairment charges 1 | (1,737) |  |  | (1,789) |  |  | (6,293) |  |  | (5,252) |
Net gains (losses) on lease modifications 2 | (537) |  |  | 146 |  |  | 1,894 |  |  | 1,654 |
Total earnings from operations | $ | 54,773 |  |  | $ | 54,801 |  |  | $ | 118,451 |  |  | $ | 144,622 |
______________________________________________________________________ Notes: 1 During the three and nine months ended October 28, 2023 and October 29, 2022, the Company recognized asset impairment charges related primarily to impairment of property and equipment and operating right-of-use assets related to certain retail locations resulting from under-performance and expected store closures. Refer to Note 2 and Note 15 for more information regarding these asset impairment charges. 2During the three and nine months ended October 28, 2023 and October 29, 2022, the Company recorded net gains (losses) on lease modifications related primarily to the early termination of certain lease agreements.
Summary of net revenue by country | 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 (in thousands):
| Three Months Ended |  | Nine Months Ended
| Oct 28, 2023 |  | Oct 29, 2022 |  | Oct 28, 2023 |  | Oct 29, 2022
Net revenue: |  |  |  |  |  |  |
U.S. | $ | 133,613 |  |  | $ | 146,677 |  |  | $ | 412,746 |  |  | $ | 474,938 |
Italy | 71,395 |  |  | 63,983 |  |  | 213,055 |  |  | 193,044 |
Germany | 47,179 |  |  | 45,582 |  |  | 127,503 |  |  | 130,486 |
South Korea | 41,642 |  |  | 38,989 |  |  | 124,132 |  |  | 102,998 |
Canada | 38,968 |  |  | 43,111 |  |  | 109,178 |  |  | 127,671 |
Spain | 35,034 |  |  | 32,115 |  |  | 104,389 |  |  | 98,902 |
Other countries | 250,299 |  |  | 235,199 |  |  | 709,533 |  |  | 662,612 |
Total product sales | 618,130 |  |  | 605,656 |  |  | 1,800,536 |  |  | 1,790,651 |
Net royalties | 33,040 |  |  | 27,747 |  |  | 84,944 |  |  | 78,915 |
Net revenue | $ | 651,170 |  |  | $ | 633,403 |  |  | $ | 1,885,480 |  |  | $ | 1,869,566 |

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