SEGMENT INFORMATION (Tables)

9 Months Ended

Nov. 01, 2014

Schedule of segment level financial information



	Thirteen Weeks Ended						Thirty-nine Weeks Ended
	November 1, 2014			November 2, 2013			November 1, 2014			November 2, 2013
Net sales:
The Children’s Place U.S.	$	418,863		$	421,070		$	1,112,933		$	1,124,676
The Children’s Place International ⁽¹⁾	68,441			71,610			169,148			173,616
Total net sales	$	487,304		$	492,680		$	1,282,081		$	1,298,292
Gross profit:
The Children’s Place U.S.	$	163,713		$	168,753		$	395,858		$	419,243
The Children’s Place International	26,398			33,008			61,632			71,968
Total gross profit	$	190,111		$	201,761		$	457,490		$	491,211
Gross Margin:
The Children’s Place U.S.	39.1		%	40.1		%	35.6		%	37.3		%
The Children’s Place International	38.6		%	46.1		%	36.4		%	41.5		%
Total gross margin	39.0		%	41.0		%	35.7		%	37.8		%
Operating income:
The Children’s Place U.S. ⁽²⁾	$	43,147		$	49,199		$	48,162		$	42,178
The Children’s Place International ⁽³⁾	12,656			12,368			11,227			12,202
Total operating income	$	55,803		$	61,567		$	59,389		$	54,380
Operating income as a percent of net sales:
The Children’s Place U.S.	10.3		%	11.7		%	4.3		%	3.8		%
The Children’s Place International	18.5		%	17.3		%	6.6		%	7.0		%
Total operating income	11.5		%	12.5		%	4.6		%	4.2		%
Depreciation and amortization:
The Children’s Place U.S.	$	13,135		$	14,584		$	38,902		$	43,065
The Children’s Place International	2,033			1,889			6,050			5,825
Total depreciation and amortization	$	15,168		$	16,473		$	44,952		$	48,890
Capital expenditures:
The Children’s Place U.S.	$	13,367		$	17,117		$	41,583		$	49,391
The Children’s Place International	495			1,371			3,054			7,767
Total capital expenditures	$	13,862		$	18,488		$	44,637		$	57,158

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⁽¹⁾	Net sales from The Children's Place International are primarily derived from revenues from Canadian operations.

⁽²⁾

Includes additional SG&A costs incurred related to restructuring, severance and reorganizations of approximately $1.1 million and $0.3 million for the Third Quarter 2014 and Third Quarter 2013, respectively, and $4.5 million and $2.5 million for Year-To-Date 2014 and Year-To-Date 2013, respectively. Also includes asset impairment charges of $3.1 million for the Third Quarter 2014 and $6.1 million and $20.8 million for Year-To-Date 2014 and Year-To-Date 2013, respectively.


⁽³⁾	Includes a $0.2 million asset impairment charge for the Third Quarter 2014 and Year-To-Date 2014, respectively, and a $1.0 million asset impairment charge for Year-To-Date 2013.



	November 1, 2014		February 1, 2014		November 2, 2013
Total assets:
The Children’s Place U.S.	$	842,823	$	824,893	$	810,644
The Children’s Place International	152,598		165,737		164,073
Total assets	$	995,421	$	990,630	$	974,717

- 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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