8. SEGMENT REPORTING

The Company has two operating segments, which are also its reportable segments: direct and retail. The direct segment includes revenues from the Company’s website and catalogs. The retail segment includes revenues from the Company’s retail and outlet stores. These two operating segments are components of the Company for which separate financial information is available and for which operating results are evaluated on a regular basis by the chief operating decision maker in deciding how to allocate resources and in assessing performance of the segments.

Income tax expense, and corporate expenses, which include but are not limited to human resources, legal, finance, information technology, design and other corporate related expenses, are included in the Company’s direct segment. Interest expense, depreciation and amortization, and property and equipment expenditures, are recognized in each respective segment. Advertising expenses are generally included in the Company’s direct segment, except for specific store advertising, which is included in the Company’s retail segment.

Net sales by product is not presented because providing the information is impracticable. Net sales outside of the United States were insignificant. Variable allocations of assets are not made for segment reporting. The Company does not have any assets outside of the United States.

Segment information is presented in the following tables:



	Fiscal Year Ended
	February 2, 2020		February 3, 2019		January 28, 2018
	(52 weeks)		(53 weeks)		(52 weeks)
(in thousands)
Net sales
Direct	$	350,371	$	350,638	$	330,940
Retail		265,253		217,464		140,507
Total net sales	$	615,624	$	568,102	$	471,447
Operating income
Direct	$	(10,203)	$	(381)	$	13,247
Retail		38,311		37,562		23,825
Total operating income		28,108		37,181		37,072
Interest expense		4,471		5,949		1,988
Other income, net		291		383		421
Income before income taxes	$	23,928	$	31,615	$	35,505

Net sales by business is presented in the following table:


	Fiscal Year Ended
	February 2, 2020		February 3, 2019		January 28, 2018
	(52 weeks)		(53 weeks)		(52 weeks)
(in thousands)
Net sales
Men's	$	419,122	$	395,536	$	333,536
Women's		162,816		141,244		110,343
Hard goods/other		33,686		31,322		27,568
Total net sales	$	615,624	$	568,102	$	471,447

Segment total assets



	February 2, 2020		February 3, 2019
(in thousands)
Direct	$	244,189	$	181,429
Retail		229,861		113,876
Total assets at period end	$	474,050	$	295,305

Segment depreciation and amortization



	Fiscal Year Ended
	February 2, 2020		February 3, 2019		January 28, 2018
(in thousands)
Direct	$	10,884	$	4,560	$	2,855
Retail		11,199		8,034		4,475
Total depreciation and amortization	$	22,083	$	12,594	$	7,330

Segment capital expenditures



	Fiscal Year Ended
	February 2, 2020		February 3, 2019		January 28, 2018
(in thousands)
Direct	$	10,928	$	20,522	$	10,813
Retail		19,861		32,514		35,651
Total capital expenditures	$	30,789	$	53,036	$	46,464