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SEGMENT INFORMATION | 3 Months Ended
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Apr. 29, 2017
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION In accordance with FASB ASC 280---Segment Reporting, the Company reports segment data based on geography: The Children’s Place U.S. and The Children’s Place International. Each segment includes an e-commerce business located at www.childrensplace.com. Included in The Children’s Place U.S. segment are the Company’s U.S. and Puerto Rico based stores and revenue from the Company's U.S. based wholesale business. Included in The Children's Place International segment are the Company's Canadian based stores, revenue from the Company's Canadian wholesale business and revenue from international franchisees. The Company measures its segment profitability based on operating income, defined as income before interest and taxes. Net sales and direct costs are recorded by each segment. Certain inventory procurement functions such as production and design as well as corporate overhead, including executive management, finance, real estate, human resources, legal, and information technology services are managed by The Children’s Place U.S. segment. Expenses related to these functions, including depreciation and amortization, are allocated to The Children’s Place International segment based primarily on net sales. The assets related to these functions are not allocated. The Company periodically reviews these allocations and adjusts them based upon changes in business circumstances. Net sales to external customers are derived from merchandise sales and the Company has no major customers that account for more than 10% of its net sales. As of April 29, 2017, The Children’s Place U.S. operated 904 stores and The Children’s Place International operated 129 stores. As of April 30, 2016, The Children’s Place U.S. operated 934 stores and The Children’s Place International operated 130 stores. The following tables provide segment level financial information:
| Thirteen Weeks Ended
| April 29, 2017 |  | April 30, 2016
| (In thousands)
Net sales: |  |  |  |  |
The Children’s Place U.S. | $ | 394,763 |  |  | $ | 375,107 |
The Children’s Place International (1) | 41,913 |  |  | 44,244 |
Total net sales | $ | 436,676 |  |  | $ | 419,351 |
Operating income: |  |  |  |  |
The Children’s Place U.S. (2) | $ | 38,740 |  |  | $ | 34,154 |
The Children’s Place International | 3,544 |  |  | 5,456 |
Total operating income | $ | 42,284 |  |  | $ | 39,610 |
Operating income as a percent of net sales: |  |  |  |  |
The Children’s Place U.S. | 9.8 | % |  | 9.1 | %
The Children’s Place International | 8.5 | % |  | 12.3 | %
Total operating income | 9.7 | % |  | 9.4 | %
Depreciation and amortization: |  |  |  |  |
The Children’s Place U.S. | $ | 13,963 |  |  | $ | 14,643 |
The Children’s Place International | 1,729 |  |  | 1,818 |
Total depreciation and amortization | $ | 15,692 |  |  | $ | 16,461 |
Capital expenditures: |  |  |  |  |
The Children’s Place U.S. | $ | 13,100 |  |  | $ | 6,804 |
The Children’s Place International | 192 |  |  | 280 |
Total capital expenditures | $ | 13,292 |  |  | $ | 7,084 |
____________________________________________
(1) | Net sales from The Children's Place International are primarily derived from revenues from Canadian operations.
(2) | Includes costs incurred related to a provision for a legal settlement of $5.0 million, asset impairment charges of $0.5 million and costs arising out of the restructuring of certain store and corporate operations of approximately $0.6 million for the First Quarter 2017.
| April 29, 2017 |  | January 28, 2017 |  | April 30, 2016
Total assets: | (In thousands)
The Children’s Place U.S. | $ | 711,257 |  |  | $ | 735,953 |  |  | $ | 710,666 |
The Children’s Place International | 160,999 |  |  | 174,546 |  |  | 158,550 |
Total assets | $ | 872,256 |  |  | $ | 910,499 |  |  | $ | 869,216 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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