| Schedule of Segment Reporting Information, by Segment |
Segment information for the three and nine months ended December 31, 2015 and 2014 are as follows (in thousands):
| | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Nine Months Ended December 31, |
| 2015 | | 2014 | | 2015 | | 2014 | Operating revenues | | | | | | | | Celebrity Brands | $ | 41,943 |
| | $ | 45,506 |
| | $ | 125,877 |
| | $ | 135,116 |
| Men's Active Lifestyle | 11,396 |
| | 12,325 |
| | 43,093 |
| | 44,973 |
| Corporate and Other | 1,805 |
| | 2,314 |
| | 4,214 |
| | 4,866 |
| Total operating revenues | $ | 55,144 |
| | $ | 60,145 |
| | $ | 173,184 |
| | $ | 184,955 |
| Operating income (loss) | | | | | | | | Celebrity Brands | $ | 14,846 |
| | $ | 18,275 |
| | $ | 43,437 |
| | $ | 49,026 |
| Men's Active Lifestyle (1) | 2,387 |
| | 2,191 |
| | 10,911 |
| | (7,682 | ) | Corporate and Other | (11,364 | ) | | (14,039 | ) | | (34,458 | ) | | (51,318 | ) | Total operating income (loss) | $ | 5,869 |
| | $ | 6,427 |
| | $ | 19,890 |
| | $ | (9,974 | ) | Depreciation and amortization | | | | | | | | Celebrity Brands | $ | 3,292 |
| | $ | 409 |
| | $ | 9,861 |
| | $ | 1,366 |
| Men's Active Lifestyle | 964 |
| | 912 |
| | 2,891 |
| | 1,440 |
| Corporate and Other | 2,257 |
| | 2,626 |
| | 7,106 |
| | 7,179 |
| Total depreciation and amortization | $ | 6,513 |
| | $ | 3,947 |
| | $ | 19,858 |
| | $ | 9,985 |
| Impairment of goodwill and intangible assets | | | | | | | | Men's Active Lifestyle | $ | — |
| | $ | — |
| | $ | — |
| | $ | 17,403 |
| Corporate and Other | — |
| | — |
| | — |
| | 1,055 |
| Total impairment of goodwill and intangible assets | $ | — |
| | $ | — |
| | $ | — |
| | $ | 18,458 |
| Amortization of deferred rack costs | | | | | | | | Celebrity Brands | $ | 1,129 |
| | $ | 1,337 |
| | $ | 3,809 |
| | $ | 3,923 |
| Men's Active Lifestyle | 20 |
| | 18 |
| | 43 |
| | 46 |
| Total amortization of deferred rack costs | $ | 1,149 |
| | $ | 1,355 |
| | $ | 3,852 |
| | $ | 3,969 |
|
(1) Includes impairment charge of $17.4 million to reduce the carrying value of goodwill and tradenames during the nine months ended December 31, 2014. See Note 3, "Goodwill and Other Identified Intangible Assets" for further discussion.
Segment information for the assets employed as of December 31, 2015 and March 31, 2015 are as follows (in thousands):
| | | | | | | | | Total Assets | December 31,
2015 | | March 31,
2015 | Celebrity Brands | $ | 315,520 |
| | $ | 330,850 |
| Men's Active Lifestyle | 79,625 |
| | 86,775 |
| Corporate and Other (2) | 28,384 |
| | 48,400 |
| Total assets | $ | 423,529 |
| | $ | 466,025 |
|
(2) Amounts are primarily comprised of inventories, prepaid expenses, property and equipment, deferred debt costs and certain other assets. |
| Schedule of Operating Revenue and Assets, by Geographical Areas |
The following tables present revenue by geographic area for the three and nine months ended December 31, 2015 and 2014 and the assets employed as of December 31, 2015 and March 31, 2015 are as follows (in thousands):
| | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Nine Months Ended December 31, |
| 2015 | | 2014 | | 2015 | | 2014 | Operating revenues: | | | | | | | | United States of America | $ | 53,876 |
| | $ | 57,698 |
| | $ | 168,780 |
| | $ | 176,715 |
| Europe | 1,268 |
| | 2,447 |
| | 4,404 |
| | 8,240 |
| Total operating revenues | $ | 55,144 |
| | $ | 60,145 |
| | $ | 173,184 |
| | $ | 184,955 |
|
| | | | | | | | |
| December 31,
2015 | | March 31,
2015 | Assets: | | | | United States of America | $ | 416,725 |
| | $ | 458,197 |
| Europe | 6,804 |
| | 7,828 |
| Total assets | $ | 423,529 |
| | $ | 466,025 |
|
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