XML 73 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segment Information
 9 Months Ended
Nov. 02, 2013
Business Segment Information [Abstract]  
Business Segment Information

 

 

Note 7

Business Segment Information

 

Applicable business segment information is as follows for the periods ended November 2, 2013 and October 27, 2012:  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Famous

 

 

Wholesale

 

 

Specialty

 

 

 

 

 

 

($ thousands)

 

Footwear

 

 

Operations

 

 

Retail

 

 

Other

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended November 2, 2013

External sales

$
439,605 

 

$
205,269 

 

$
57,914 

 

$

–

 

$
702,788 

Intersegment sales

 
543 

 

 
51,343 

 

 

–

 

 

–

 

 
51,886 

Operating earnings (loss)

 
37,047 

 

 
16,782 

 

 
221 

 

 
(9,382)

 

 
44,668 

Segment assets - continuing operations

 
485,217 

 

 
379,249 

 

 
93,747 

 

 
128,517 

 

 
1,086,730 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended October 27, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

External sales

$
436,812 

 

$
196,371 

 

$
62,802 

 

$

–

 

$
695,985 

Intersegment sales

 
505 

 

 
57,848 

 

 

–

 

 

–

 

 
58,353 

Operating earnings (loss)

 
35,525 

 

 
15,169 

 

 
1,771 

 

 
(11,472)

 

 
40,993 

Segment assets - continuing operations

 
462,904 

 

 
387,720 

 

 
59,805 

 

 
142,556 

 

 
1,052,985 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirty-nine Weeks Ended November 2, 2013

External sales

$
1,180,143 

 

$
567,334 

 

$
165,673 

 

$

–

 

$
1,913,150 

Intersegment sales

 
1,753 

 

 
152,276 

 

 

–

 

 

–

 

 
154,029 

Operating earnings (loss)

 
95,057 

 

 
28,085 

 

 
(2,934)

 

 
(31,770)

 

 
88,438 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirty-nine Weeks Ended October 27, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

External sales

$
1,134,237 

 

$
551,896 

 

$
172,928 

 

$

–

 

$
1,859,061 

Intersegment sales

 
1,529 

 

 
159,641 

 

 

–

 

 

–

 

 
161,170 

Operating earnings (loss)

 
74,365 

 

 
25,833 

 

 
(7,551)

 

 
(30,441)

 

 
62,206 

 

The Other segment includes corporate assets, administrative expenses, and other costs and recoveries, which are not allocated to the operating segments.  

 

Following is a reconciliation of operating earnings to earnings before income taxes from continuing operations:  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended

 

Thirty-nine Weeks Ended

 

November 2,

 

October 27,

 

November 2,

 

October 27,

($ thousands)

 
2013 

 

 
2012 

 

 
2013 

 

 
2012 

Operating earnings

$
44,668 

 

$
40,993 

 

$
88,438 

 

$
62,206 

Interest expense

 
(5,254)

 

 
(5,398)

 

 
(16,167)

 

 
(17,079)

Interest income

 
132 

 

 
76 

 

 
282 

 

 
236 

Earnings before income taxes from continuing operations

$
39,546 

 

$
35,671 

 

$
72,553 

 

$
45,363