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v3.25.1

Business Segment Information (Tables) | 12 Months Ended
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Feb. 01, 2025
Segment Reporting [Abstract] |
Schedule of Business Segment Information |
Fiscal 2025 |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Corporate & Other |  | Consolidated |
Sales | $ | 1,398,922 |  | $ | 479,891 |  | $ | 320,208 |  | $ | 124,131 |  | $ | — |  | $ | 2,323,152 |
Intercompany sales(1) |  | — |  |  | — |  |  | — |  |  | 1,910 |  |  | — |  |  | 1,910 |
Net sales to external customers(2) |  | 1,398,922 |  |  | 479,891 |  |  | 320,208 |  |  | 126,041 |  |  | — |  |  | 2,325,062 |
Cost of sales |  | 715,723 |  |  | 280,395 |  |  | 148,461 |  |  | 83,670 |  |  | — |  |  | 1,228,249 |
Gross margin |  | 683,199 |  |  | 199,496 |  |  | 171,747 |  |  | 42,371 |  |  | — |  |  | 1,096,813 |
Selling and administrative expenses |  | 656,854 |  |  | 189,297 |  |  | 163,331 |  |  | 35,565 |  |  | 34,606 |  |  | 1,079,653 |
Segment operating income (loss) |  | 26,345 |  |  | 10,199 |  |  | 8,416 |  |  | 6,806 |  |  | (34,606 | ) |  | 17,160 |
Asset impairments and other(3) |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,235 |  |  | 3,235 |
Operating income (loss) |  | 26,345 |  |  | 10,199 |  |  | 8,416 |  |  | 6,806 |  |  | (37,841 | ) |  | 13,925 |
Other components of net periodic benefit cost |  | — |  |  | — |  |  | — |  |  | — |  |  | 367 |  |  | 367 |
Interest expense, net |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,250 |  |  | 4,250 |
Earnings (loss) from continuing operations before income taxes | $ | 26,345 |  | $ | 10,199 |  | $ | 8,416 |  | $ | 6,806 |  | $ | (42,458 | ) | $ | 9,308 |
Total assets at fiscal year end(4) | $ | 673,560 |  | $ | 189,103 |  | $ | 183,118 |  | $ | 77,154 |  | $ | 212,601 |  | $ | 1,335,536 |
Depreciation and amortization |  | 33,785 |  |  | 7,545 |  |  | 5,678 |  |  | 1,313 |  |  | 4,143 |  |  | 52,464 |
Capital expenditures |  | 20,478 |  |  | 9,223 |  |  | 9,555 |  |  | 785 |  |  | 1,091 |  |  | 41,132 |
(1) Intercompany sales for Fiscal 2025 reflect net intercompany returns. (2) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 79% and 21%, respectively, of our net sales for Fiscal 2025. (3) Asset impairments and other includes $1.8 million for severance and a $1.4 million charge for asset impairments, of which $0.8 million is in Journeys Group and $0.6 million is in Schuh Group. (4) Of our $666.3 million of long-lived assets, $90.3 million and $9.3 million relate to long-lived assets in the U.K. and Canada, respectively. Note 16 Business Segment Information, Continued
Fiscal 2024 |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Corporate & Other |  | Consolidated |
Sales | $ | 1,363,835 |  | $ | 480,164 |  | $ | 339,460 |  | $ | 145,224 |  | $ | — |  | $ | 2,328,683 |
Intercompany sales |  | — |  |  | — |  |  | (14 | ) |  | (4,045 | ) |  | — |  |  | (4,059 | )
Net sales to external customers(1) |  | 1,363,835 |  |  | 480,164 |  |  | 339,446 |  |  | 141,179 |  |  | — |  |  | 2,324,624 |
Cost of sales |  | 696,351 |  |  | 273,588 |  |  | 160,461 |  |  | 95,404 |  |  | — |  |  | 1,225,804 |
Gross margin |  | 667,484 |  |  | 206,576 |  |  | 178,985 |  |  | 45,775 |  |  | — |  |  | 1,098,820 |
Selling and administrative expenses |  | 656,412 |  |  | 185,141 |  |  | 162,671 |  |  | 45,783 |  |  | 32,033 |  |  | 1,082,040 |
Segment operating income (loss) |  | 11,072 |  |  | 21,435 |  |  | 16,314 |  |  | (8 | ) |  | (32,033 | ) |  | 16,780 |
Goodwill impairment (2) |  | — |  |  | — |  |  | — |  |  | — |  |  | 28,453 |  |  | 28,453 |
Asset impairments and other(3) |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,787 |  |  | 1,787 |
Operating income (loss) |  | 11,072 |  |  | 21,435 |  |  | 16,314 |  |  | (8 | ) |  | (62,273 | ) |  | (13,460 | )
Other components of net periodic benefit cost |  | — |  |  | — |  |  | — |  |  | — |  |  | 537 |  |  | 537 |
Interest expense, net |  | — |  |  | — |  |  | — |  |  | — |  |  | 7,777 |  |  | 7,777 |
Earnings (loss) from continuing operations before income taxes | $ | 11,072 |  | $ | 21,435 |  | $ | 16,314 |  | $ | (8 | ) | $ | (70,587 | ) | $ | (21,774 | )
Total assets at fiscal year end(4) | $ | 659,150 |  | $ | 200,482 |  | $ | 165,217 |  | $ | 59,630 |  | $ | 245,411 |  | $ | 1,329,890 |
Depreciation and amortization |  | 32,419 |  |  | 6,636 |  |  | 5,113 |  |  | 984 |  |  | 4,289 |  |  | 49,441 |
Capital expenditures |  | 38,093 |  |  | 12,183 |  |  | 6,785 |  |  | 2,214 |  |  | 1,028 |  |  | 60,303 |
(1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 79% and 21%, respectively, of our net sales for Fiscal 2024. (2) Goodwill impairment of $28.5 million is related to Genesco Brands Group. (3) Asset impairments and other includes $1.1 million for severance and $1.0 million charge for asset impairments in the Journeys Group, partially offset by a $0.3 million insurance gain. (4) Of our $677.2 million of long-lived assets, $89.4 million and $12.3 million relate to long-lived assets in the U.K. and Canada, respectively. Note 16 Business Segment Information, Continued
Fiscal 2023 |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) | Journeys Group |  | Schuh Group |  | Johnston & Murphy Group |  | Genesco Brands Group |  | Corporate & Other |  | Consolidated |
Sales | $ | 1,482,203 |  | $ | 432,002 |  | $ | 314,759 |  | $ | 158,684 |  | $ | — |  | $ | 2,387,648 |
Intercompany sales |  | — |  |  | — |  |  | — |  |  | (2,760 | ) |  | — |  |  | (2,760 | )
Net sales to external customers(1) |  | 1,482,203 |  |  | 432,002 |  |  | 314,759 |  |  | 155,924 |  |  | — |  |  | 2,384,888 |
Cost of sales |  | 735,969 |  |  | 252,192 |  |  | 150,417 |  |  | 110,120 |  |  | — |  |  | 1,248,698 |
Gross margin |  | 746,234 |  |  | 179,810 |  |  | 164,342 |  |  | 45,804 |  |  | — |  |  | 1,136,190 |
Selling and administrative expenses |  | 651,830 |  |  | 162,209 |  |  | 149,978 |  |  | 46,482 |  |  | 31,595 |  |  | 1,042,094 |
Segment operating income (loss) |  | 94,404 |  |  | 17,601 |  |  | 14,364 |  |  | (678 | ) |  | (31,595 | ) |  | 94,096 |
Asset impairments and other(2) |  | — |  |  | — |  |  | — |  |  | — |  |  | 855 |  |  | 855 |
Operating income (loss) |  | 94,404 |  |  | 17,601 |  |  | 14,364 |  |  | (678 | ) |  | (32,450 | ) |  | 93,241 |
Other components of net periodic benefit cost |  | — |  |  | — |  |  | — |  |  | — |  |  | 248 |  |  | 248 |
Interest expense, net |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,920 |  |  | 2,920 |
Earnings (loss) from continuing operations before income taxes | $ | 94,404 |  | $ | 17,601 |  | $ | 14,364 |  | $ | (678 | ) | $ | (35,618 | ) | $ | 90,073 |
Total assets at fiscal year end(3) | $ | 732,124 |  | $ | 198,813 |  | $ | 194,417 |  | $ | 74,526 |  | $ | 256,546 |  | $ | 1,456,426 |
Depreciation and amortization |  | 28,107 |  |  | 6,134 |  |  | 4,352 |  |  | 898 |  |  | 3,327 |  |  | 42,818 |
Capital expenditures |  | 27,237 |  |  | 10,330 |  |  | 8,154 |  |  | 1,429 |  |  | 12,784 |  |  | 59,934 |
(1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 82% and 18%, respectively, of our net sales for Fiscal 2023. (2) Asset impairments and other includes a $1.6 million charge for asset impairments, of which $0.8 million is in the Journeys Group, $0.5 million is in the Johnston & Murphy Group, $0.2 million is in the Schuh Group and $0.1 million is in the Genesco Brands Group, partially offset by a $0.7 million gain on the termination of the pension plan. (3) Of our $704.7 million of long-lived assets, $93.3 million and $18.8 million relate to long-lived assets in the U.K. and Canada, respectively.

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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 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: 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 3: 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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