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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2020

SEGMENT INFORMATION

Schedule of Segment Reporting Information

The accounting policies of the segments are the same as those described in the Summary of Significant Accounting Policies. Summarized segment data for the years ended December 31, 2020 and 2019 was as follows:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Wholesale

Retail

Other

Total

​

​

(Dollars in thousands)

2020

​

​

​

​

Product sales

​

$

151,012

​

$

21,499

​

$

21,690

​

$

194,201

Licensing revenues

​

1,174

​

—

​

—

​

1,174

Net sales

​

152,186

​

21,499

​

21,690

​

195,375

Depreciation

​

1,973

​

211

​

717

​

2,901

Earnings (loss) from operations

​

975

(1)

(1,073)

(2)

(7,500)

(3)

(7,598)

Total assets

​

222,255

​

7,374

​

27,090

​

256,719

Capital expenditures

​

3,095

​

30

​

243

​

3,368

​

​

​

​

​

​

​

​

​

​

​

​

​

2019

​

​

​

​

Product sales

​

$

239,091

​

$

25,231

​

$

36,653

​

$

300,975

Licensing revenues

​

3,036

​

—

​

—

​

3,036

Net sales

​

242,127

​

25,231

​

36,653

​

304,011

Depreciation

​

2,088

​

315

​

889

​

3,292

Earnings (loss) from operations

​

27,755

​

2,791

​

(3,506)

​

27,040

Total assets

​

250,266

​

11,783

​

34,868

​

296,917

Capital expenditures

​

6,902

​

20

​

470

​

7,392

​

(1) Includes $2.0 million in employee costs related to restructuring and temporary closures, $4.3 million from two large customer receivable write-offs due to bankruptcies filed during the pandemic, and $0.2 million in other related charges, partially offset by $1.7 million of income from government wage subsidies.

(2) Includes $0.3 million in employee costs related to restructuring and temporary closures, $1.0 million for the impairment of retail store fixed assets, and $1.5 million in early lease termination charges, partially offset by $0.2 million of income from government wage subsidies.

(3) Includes $3.6 million in employee costs related to restructuring and temporary closures, $2.1 million for the impairment of retail store fixed assets and operating lease right-of-use assets, $2.0 million in reserves for obsolete and slow-moving inventory due to COVID-19-related impacts, and $0.3 million in related charges, partially offset by $3.5 million of income from government wage and rent subsidies.

Schedule of Company's business by geographic area

Financial information relating to the Company’s business by geographic area was as follows for the years ended December 31, 2020 and 2019:

​	​	​	​	​	​	​
​		2020			2019
​	​	(Dollars in thousands)
Net Sales		​			​
United States	​	$	155,955	​	$	245,073
Canada	​		17,730	​		22,285
Europe	​		2,600	​		6,223
Australia	​		15,252	​		22,459
Asia	​		1,969	​		5,085
South Africa	​		1,869	​		2,886
Total	​	$	195,375	​	$	304,011
​	​	​	​	​	​	​
Long-Lived Assets	​			​
United States	​	$	77,975	​	$	81,603
Other	​		9,756	​		16,972
​	​	$	87,731	​	$	98,575

​

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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.

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