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Segment Information (Tables) | 12 Months Ended
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Feb. 03, 2024
Segment Reporting [Abstract] |
Summary of net revenue, earnings (loss) from operations and capital expenditures by segment | Segment information is summarized as follows (in thousands):
| Year Ended
| Feb 3, 2024 1 |  | Jan 28, 2023 1 |  | Jan 29, 2022 1
Net revenue: |  |  |  |  |
Europe | $ | 1,475,604 |  |  | $ | 1,380,790 |  |  | $ | 1,297,550 |
Americas Retail | 710,908 |  |  | 758,100 |  |  | 759,117 |
Americas Wholesale | 199,903 |  |  | 206,208 |  |  | 201,202 |
Asia | 276,867 |  |  | 238,815 |  |  | 237,053 |
Licensing | 113,248 |  |  | 103,437 |  |  | 96,709 |
Total net revenue | $ | 2,776,530 |  |  | $ | 2,687,350 |  |  | $ | 2,591,631 |
Earnings (loss) from operations: |  |  |  |  |
Europe | $ | 171,726 |  |  | $ | 159,629 |  |  | $ | 174,860 |
Americas Retail | 56,829 |  |  | 87,184 |  |  | 124,902 |
Americas Wholesale | 54,403 |  |  | 46,266 |  |  | 53,731 |
Asia | 7,897 |  |  | (4,811) |  |  | (4,114) |
Licensing | 105,649 |  |  | 92,117 |  |  | 88,136 |
Total segment earnings from operations | 396,504 |  |  | 380,385 |  |  | 437,515 |
Corporate overhead | (128,002) |  |  | (124,935) |  |  | (129,588) |
Asset impairment charges 2 | (6,887) |  |  | (9,544) |  |  | (3,149) |
Net gains on lease modifications 3 | 1,662 |  |  | 2,267 |  |  | 259 |
Total earnings from operations | $ | 263,277 |  |  | $ | 248,173 |  |  | $ | 305,037 |
Capital expenditures: |  |  |  |  |
Europe | $ | 38,153 |  |  | $ | 51,265 |  |  | $ | 47,034 |
Americas Retail | 20,429 |  |  | 23,149 |  |  | 7,152 |
Americas Wholesale | 600 |  |  | 4,039 |  |  | 1,024 |
Asia | 4,616 |  |  | 3,932 |  |  | 4,337 |
Corporate overhead | 10,409 |  |  | 7,118 |  |  | 3,974 |
Total capital expenditures | $ | 74,207 |  |  | $ | 89,503 |  |  | $ | 63,521 |
______________________________________________________________________ 1 The Company operates on a 52/53-week fiscal year calendar, which ends on the Saturday nearest to January 31 of each year. The results for fiscal 2024 included the impact of an additional week which occurred during the fourth quarter ended February 3, 2024. 2 During fiscal 2024, fiscal 2023 and fiscal 2022, the Company recognized asset impairment charges related primarily to impairment of property and equipment for certain retail locations resulting from under-performance and expected store closures. Refer to Note 5 for further information. 3 During fiscal 2024, fiscal 2023 and fiscal 2022, 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.
Summary of net revenue and long-lived assets 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 as follows (in thousands):
| Year Ended
| Feb 3, 2024 |  | Jan 28, 2023 |  | Jan 29, 2022
Net product sales: |  |  |  |  |
U.S. | $ | 617,009 |  |  | $ | 673,868 |  |  | $ | 722,610 |
Italy | 312,908 |  |  | 289,170 |  |  | 265,106 |
Germany | 198,664 |  |  | 187,888 |  |  | 189,083 |
South Korea | 171,819 |  |  | 140,449 |  |  | 126,563 |
Spain | 161,377 |  |  | 150,045 |  |  | 137,037 |
Canada | 158,521 |  |  | 175,485 |  |  | 150,339 |
Other foreign countries | 1,042,984 |  |  | 967,008 |  |  | 904,184 |
Total product sales | 2,663,282 |  |  | 2,583,913 |  |  | 2,494,922 |
Net royalties | 113,248 |  |  | 103,437 |  |  | 96,709 |
Net revenue | $ | 2,776,530 |  |  | $ | 2,687,350 |  |  | $ | 2,591,631 |
The Company’s long-lived assets by geographic location are as follows (in thousands):
| Feb 3, 2024 |  | Jan 28, 2023
Long-lived assets: |  |  |
U.S. | $ | 259,055 |  |  | $ | 232,061 |
Italy | 138,572 |  |  | 140,261 |
Germany | 46,562 |  |  | 48,095 |
South Korea | 14,998 |  |  | 8,174 |
Spain | 104,552 |  |  | 107,859 |
Canada | 28,606 |  |  | 17,315 |
Other foreign countries | 380,452 |  |  | 378,471 |
Total long-lived assets | $ | 972,797 |  |  | $ | 932,236 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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