SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 05, 2014

Summary information by operating segment

Summary information by operating segment was as follows (in thousands):

	For the 13 Weeks Ended						For the 13 Weeks Ended
	July 5, 2014						June 29, 2013
	Net Sales			Operating Income			Net Sales			Operating Income

North America wholesale:
External customers	$	265,223		$	50,912		$	260,692		$	66,321
Intersegment	42,778						49,016
Europe wholesale:
External customers	202,377			43,762			170,759			36,451
Intersegment	50,392						38,713
Asia Pacific wholesale:
External customers	105,731			31,508			96,187			30,473
Intersegment	252,137						252,894
Direct to consumer	200,489			9,746			178,611			16,105
Intersegment items	(345,307		)				(340,623		)
Corporate				(51,170		)				(42,402		)
Consolidated	$	773,820		$	84,758		$	706,249		$	106,948

	For the 27 Weeks Ended						For the 26 Weeks Ended
	July 5, 2014						June 29, 2013
	Net Sales			Operating Income			Net Sales			Operating Income

North America wholesale:
External customers	$	538,019		$	103,791		$	515,858		$	126,729
Intersegment	90,969						94,962
Europe wholesale:
External customers	408,041			95,722			344,663			74,998
Intersegment	99,590						79,401
Asia Pacific wholesale:
External customers	209,291			62,628			182,963			58,023
Intersegment	496,284						455,090
Direct to consumer	395,014			26,032			343,664			23,217
Intersegment items	(686,843		)				(629,453		)
Corporate				(98,716		)				(81,698		)
Consolidated	$	1,550,365		$	189,457		$	1,387,148		$	201,269

Schedule of net sales for each class of similar products

The following tables reflect net sales for each class of similar products in the periods presented (in thousands, except percentage data):

	For the 13 Weeks Ended July 5, 2014				For the 13 Weeks Ended June 29, 2013
	Net Sales		Percentage of Total		Net Sales		Percentage of Total

Watches	$	611,208	79.0	%	$	547,225	77.5	%
Leathers	87,325		11.3		91,748		13.0
Jewelry	56,183		7.2		47,042		6.7
Other	19,104		2.5		20,234		2.8
Total	$	773,820	100.0	%	$	706,249	100.0	%

	For the 27 Weeks Ended July 5, 2014				For the 26 Weeks Ended June 29, 2013
	Net Sales		Percentage of Total		Net Sales		Percentage of Total

Watches	$	1,212,596	78.2	%	$	1,060,242	76.4	%
Leathers	187,047		12.1		194,536		14.0
Jewelry	112,701		7.3		89,356		6.5
Other	38,021		2.4		43,014		3.1
Total	$	1,550,365	100.0	%	$	1,387,148	100.0	%

- 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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