Summary information by operating segment |
Summary information by operating segment was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | For the 13 Weeks Ended October 1, 2022 | | For the 13 Weeks Ended October 2, 2021 | | Net Sales | | Operating Income (Loss) | | Net Sales | | Operating Income (Loss) | Americas | $ | 184,326 | | | $ | 33,403 | | | $ | 193,762 | | | $ | 46,589 | | Europe | 143,679 | | | 31,076 | | | 165,887 | | | 40,549 | | Asia | 100,212 | | | 17,515 | | | 129,494 | | | 23,996 | | Corporate | 8,054 | | | (59,512) | | | 2,684 | | | (63,328) | | Consolidated | $ | 436,271 | | | $ | 22,482 | | | $ | 491,827 | | | $ | 47,806 | |
| | | | | | | | | | | | | | | | | | | | | | | | | For the 39 Weeks Ended October 1, 2022 | | For the 39 Weeks Ended October 2, 2021 | | Net Sales | | Operating Income (Loss) | | Net Sales | | Operating Income (Loss) | Americas | $ | 514,525 | | | $ | 87,966 | | | $ | 522,983 | | | $ | 109,172 | | Europe | 376,110 | | | 65,489 | | | 399,519 | | | 67,616 | | Asia | 279,563 | | | 38,807 | | | 331,625 | | | 50,553 | | Corporate | 13,094 | | | (194,999) | | | 11,681 | | | (181,942) | | Consolidated | $ | 1,183,292 | | | $ | (2,737) | | | $ | 1,265,808 | | | $ | 45,399 | | | | | | | | | |
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Schedule of net sales for each class of similar products |
The following table reflects net sales for each class of similar products in the periods presented (in thousands, except percentage data): | | | | | | | | | | | | | | | | | | | | | | | | | For the 13 Weeks Ended October 1, 2022 | | For the 13 Weeks Ended October 2, 2021 | | Net Sales | | Percentage of Total | | Net Sales | | Percentage of Total | Watches: | | | | | | | | Traditional watches | $ | 310,198 | | | 71.1 | % | | $ | 345,764 | | | 70.3 | % | Smartwatches | 33,306 | | | 7.6 | | | 54,085 | | | 11.0 | | Total watches | $ | 343,504 | | | 78.7 | % | | $ | 399,849 | | | 81.3 | % | Leathers | 41,095 | | | 9.4 | | | 36,390 | | | 7.4 | | Jewelry | 37,868 | | | 8.7 | | | 46,325 | | | 9.4 | | Other | 13,804 | | | 3.2 | | | 9,263 | | | 1.9 | | Total | $ | 436,271 | | | 100.0 | % | | $ | 491,827 | | | 100.0 | % |
| | | | | | | | | | | | | | | | | | | | | | For the 39 Weeks Ended October 1, 2022 | | For the 39 Weeks Ended October 2, 2021 | | Net Sales | Percentage of Total | | Net Sales | | Percentage of Total | Watches: | | | | | | | Traditional watches | $ | 830,322 | | 70.2 | % | | $ | 878,809 | | | 69.4 | % | Smartwatches | 104,709 | | 8.8 | | | 150,086 | | | 11.9 | | Total watches | $ | 935,031 | | 79.0 | % | | $ | 1,028,895 | | | 81.3 | % | Leathers | 111,226 | | 9.4 | | | 103,841 | | | 8.2 | | Jewelry | 106,495 | | 9.0 | | | 105,040 | | | 8.3 | | Other | 30,540 | | 2.6 | | | 28,032 | | | 2.2 | | Total | $ | 1,183,292 | | 100.0 | % | | $ | 1,265,808 | | | 100.0 | % | | | | | | | |
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