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v3.22.2.2

Revenue (Tables) | 9 Months Ended
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Oct. 29, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table presents net sales disaggregated by brand categories for each segment:
(in thousands) | U.S. Retail |  | Canada Retail |  | Brand Portfolio |  | Eliminations |  | Consolidated
Three months ended October 29, 2022 |  |  |  |  |  |  |  |  |
Owned Brands:(1) |  |  |  |  |  |  |  |  |
Direct-to-consumer | $ | 153,311 |  |  | $ | — |  |  | $ | 9,810 |  |  | $ | — |  |  | $ | 163,121 |
External customer wholesale and commission income | — |  |  | — |  |  | 66,530 |  |  | — |  |  | 66,530 |
Intersegment wholesale and commission income | — |  |  | — |  |  | 31,118 |  |  | (31,118) |  |  | — |
Total Owned Brands | 153,311 |  |  | — |  |  | 107,458 |  |  | (31,118) |  |  | 229,651 |
National brands | 553,080 |  |  | — |  |  | — |  |  | — |  |  | 553,080 |
Canada Retail(2) | — |  |  | 82,289 |  |  | — |  |  | — |  |  | 82,289 |
Total net sales | $ | 706,391 |  |  | $ | 82,289 |  |  | $ | 107,458 |  |  | $ | (31,118) |  |  | $ | 865,020 |
Three months ended October 30, 2021 |  |  |  |  |  |  |  |  |
Owned Brands:(1) |  |  |  |  |  |  |  |  |
Direct-to-consumer | $ | 114,702 |  |  | $ | — |  |  | $ | 7,726 |  |  | $ | — |  |  | $ | 122,428 |
External customer wholesale and commission income | — |  |  | — |  |  | 61,341 |  |  | — |  |  | 61,341 |
Intersegment wholesale and commission income | — |  |  | — |  |  | 34,852 |  |  | (34,852) |  |  | — |
Total Owned Brands | 114,702 |  |  | — |  |  | 103,919 |  |  | (34,852) |  |  | 183,769 |
National brands | 594,906 |  |  | — |  |  | — |  |  | — |  |  | 594,906 |
Canada Retail(2) | — |  |  | 74,792 |  |  | — |  |  | — |  |  | 74,792 |
Total net sales | $ | 709,608 |  |  | $ | 74,792 |  |  | $ | 103,919 |  |  | $ | (34,852) |  |  | $ | 853,467 |
(in thousands) | U.S. Retail |  | Canada Retail |  | Brand Portfolio |  | Eliminations |  | Consolidated
Nine months ended October 29, 2022 |  |  |  |  |  |  |  |  |
Owned Brands:(1) |  |  |  |  |  |  |  |  |
Direct-to-consumer | $ | 440,343 |  |  | $ | — |  |  | $ | 24,130 |  |  | $ | — |  |  | $ | 464,473 |
External customer wholesale and commission income | — |  |  | — |  |  | 170,665 |  |  | — |  |  | 170,665 |
Intersegment wholesale and commission income | — |  |  | — |  |  | 76,470 |  |  | (76,470) |  |  | — |
Total Owned Brands | 440,343 |  |  | — |  |  | 271,265 |  |  | (76,470) |  |  | 635,138 |
National brands | 1,702,856 |  |  | — |  |  | — |  |  | — |  |  | 1,702,856 |
Canada Retail(2) | — |  |  | 216,888 |  |  | — |  |  | — |  |  | 216,888 |
Total net sales | $ | 2,143,199 |  |  | $ | 216,888 |  |  | $ | 271,265 |  |  | $ | (76,470) |  |  | $ | 2,554,882 |
Nine months ended October 30, 2021 |  |  |  |  |  |  |  |  |
Owned Brands:(1) |  |  |  |  |  |  |  |  |
Direct-to-consumer | $ | 300,120 |  |  | $ | — |  |  | $ | 18,616 |  |  | $ | — |  |  | $ | 318,736 |
External customer wholesale and commission income | — |  |  | — |  |  | 129,001 |  |  | — |  |  | 129,001 |
Intersegment wholesale and commission income | — |  |  | — |  |  | 64,258 |  |  | (64,258) |  |  | — |
Total Owned Brands | 300,120 |  |  | — |  |  | 211,875 |  |  | (64,258) |  |  | 447,737 |
National brands | 1,753,239 |  |  | — |  |  | — |  |  | — |  |  | 1,753,239 |
Canada Retail(2) | — |  |  | 172,981 |  |  | — |  |  | — |  |  | 172,981 |
Total net sales | $ | 2,053,359 |  |  | $ | 172,981 |  |  | $ | 211,875 |  |  | $ | (64,258) |  |  | $ | 2,373,957 |
The following table presents net sales disaggregated by product and service category for each segment:
| Three months ended |  | Nine months ended
(in thousands) | October 29, 2022 |  | October 30, 2021 |  | October 29, 2022 |  | October 30, 2021
Net sales: |  |  |  |  |  |  |
U.S. Retail segment: |  |  |  |  |  |  |
Women's footwear | $ | 450,130 |  |  | $ | 448,879 |  |  | $ | 1,394,340 |  |  | $ | 1,321,697 |
Men's footwear | 151,106 |  |  | 154,523 |  |  | 461,035 |  |  | 454,688 |
Kids' footwear | 65,638 |  |  | 69,159 |  |  | 171,742 |  |  | 178,003 |
Accessories and other | 39,517 |  |  | 37,047 |  |  | 116,082 |  |  | 98,971 |
| 706,391 |  |  | 709,608 |  |  | 2,143,199 |  |  | 2,053,359 |
Canada Retail segment: |  |  |  |  |  |  |
Women's footwear | 41,381 |  |  | 34,495 |  |  | 115,187 |  |  | 85,156 |
Men's footwear | 20,334 |  |  | 17,963 |  |  | 56,224 |  |  | 43,296 |
Kids' footwear | 17,291 |  |  | 19,607 |  |  | 36,700 |  |  | 38,674 |
Accessories and other | 3,283 |  |  | 2,727 |  |  | 8,777 |  |  | 5,855 |
| 82,289 |  |  | 74,792 |  |  | 216,888 |  |  | 172,981 |
Brand Portfolio segment: |  |  |  |  |  |  |
Wholesale | 95,837 |  |  | 90,558 |  |  | 237,748 |  |  | 181,916 |
First Cost commission income | 1,811 |  |  | 5,635 |  |  | 9,387 |  |  | 11,343 |
Direct-to-consumer | 9,810 |  |  | 7,726 |  |  | 24,130 |  |  | 18,616 |
| 107,458 |  |  | 103,919 |  |  | 271,265 |  |  | 211,875 |
Total segment net sales | 896,138 |  |  | 888,319 |  |  | 2,631,352 |  |  | 2,438,215 |
Elimination of intersegment sales | (31,118) |  |  | (34,852) |  |  | (76,470) |  |  | (64,258) |
Total net sales | $ | 865,020 |  |  | $ | 853,467 |  |  | $ | 2,554,882 |  |  | $ | 2,373,957 |
Deferred Revenue | The following table presents the changes and total balances for gift cards and our loyalty programs:
| Three months ended |  | Nine months ended
(in thousands) | October 29, 2022 |  | October 30, 2021 |  | October 29, 2022 |  | October 30, 2021
Gift cards: |  |  |  |  |  |  |
Beginning of period | $ | 30,118 |  |  | $ | 28,691 |  |  | $ | 36,783 |  |  | $ | 34,442 |
Gift cards redeemed and breakage recognized to net sales | (14,341) |  |  | (14,483) |  |  | (50,896) |  |  | (50,863) |
Gift cards issued | 12,312 |  |  | 12,966 |  |  | 42,202 |  |  | 43,595 |
End of period | $ | 28,089 |  |  | $ | 27,174 |  |  | $ | 28,089 |  |  | $ | 27,174 |
Loyalty programs: |  |  |  |  |  |  |
Beginning of period | $ | 16,788 |  |  | $ | 15,255 |  |  | $ | 15,736 |  |  | $ | 11,379 |
Loyalty certificates redeemed and expired and other adjustments recognized to net sales | (7,974) |  |  | (9,025) |  |  | (24,034) |  |  | (19,929) |
Deferred revenue for loyalty points issued | 8,795 |  |  | 10,365 |  |  | 25,907 |  |  | 25,145 |
End of period | $ | 17,609 |  |  | $ | 16,595 |  |  | $ | 17,609 |  |  | $ | 16,595 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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