| Schedule of information regarding reportable segments |
The following segment information is presented for the three month periods indicated below: | | | | | | | | | | | | | | | Three Months Ended April 30, 2025 | | | Wholesale | | Retail | | Elimination (1) | | Total | | | | (In thousands) | Net sales | | $ | 562,649 | | $ | 36,375 | | $ | (15,415) | | $ | 583,609 | Cost of goods sold | | | 335,565 | | | 16,915 | | | (15,415) | | | 337,065 | Gross profit | | | 227,084 | | | 19,460 | | | — | | | 246,544 | Selling, general and administrative expenses: | | | | | | | | | | | | | Compensation | | | 96,873 | | | 7,269 | | | — | | | 104,142 | Facility fees | | | 45,486 | | | 7,386 | | | — | | | 52,872 | Advertising | | | 28,172 | | | 3,433 | | | — | | | 31,605 | Other segment items(2) | | | 39,180 | | | 3,696 | | | — | | | 42,876 | Total selling, general and administrative expenses | | | 209,711 | | | 21,784 | | | — | | | 231,495 | Depreciation and amortization | | | 5,692 | | | 881 | | | — | | | 6,573 | Operating profit (loss) | | $ | 11,681 | | $ | (3,205) | | $ | — | | $ | 8,476 |
| | | | | | | | | | | | | | | Three Months Ended April 30, 2024 | | | Wholesale | | Retail | | Elimination (1) | | Total | | | | (In thousands) | Net sales | | $ | 597,766 | | $ | 30,528 | | $ | (18,547) | | $ | 609,747 | Cost of goods sold | | | 353,228 | | | 16,173 | | | (18,547) | | | 350,854 | Gross profit | | | 244,538 | | | 14,355 | | | — | | | 258,893 | Selling, general and administrative expenses: | | | | | | | | | | | | | Compensation | | | 100,231 | | | 7,514 | | | — | | | 107,745 | Facility fees | | | 45,991 | | | 8,182 | | | — | | | 54,173 | Advertising | | | 33,967 | | | 2,266 | | | — | | | 36,233 | Other segment items(2) | | | 35,386 | | | 3,084 | | | — | | | 38,470 | Total selling, general and administrative expenses | | | 215,575 | | | 21,046 | | | — | | | 236,621 | Depreciation and amortization | | | 7,015 | | | 1,753 | | | — | | | 8,768 | Operating profit (loss) | | $ | 21,948 | | $ | (8,444) | | $ | — | | $ | 13,504 |
(1)Represents intersegment sales to the Company’s retail operations segment. (2)Other segment items include design and product development costs, professional fees, office expenses, freight and packaging and other selling, general and administrative expenses.
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| Schedule of total net sales by licensed and proprietary product sales |
The total net sales by licensed and proprietary product sales for each of the Company’s reportable segments are as follows: | | | | | | | | | Three Months Ended | | | April 30, 2025 | | April 30, 2024 | | | | (In thousands) | Licensed brands | | $ | 199,060 | | $ | 261,706 | Proprietary brands | | | 363,589 | | | 336,060 | Wholesale net sales | | $ | 562,649 | | $ | 597,766 | | | | | | | | Licensed brands | | $ | — | | $ | — | Proprietary brands | | | 36,375 | | | 30,528 | Retail net sales | | $ | 36,375 | | $ | 30,528 |
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| Schedule of total net sales and long-lived assets by geographic region |
The total assets for each of the Company’s reportable segments, as well as assets not allocated to a segment, are as follows: | | | | | | | | | | | | April 30, 2025 | | April 30, 2024 | | January 31, 2025 | | | | (In thousands) | Wholesale | | $ | 1,489,257 | | $ | 1,451,637 | | $ | 1,508,111 | Retail | | | 94,998 | | | 118,232 | | | 97,226 | Corporate | | | 831,618 | | | 995,530 | | | 877,897 | Total assets | | $ | 2,415,873 | | $ | 2,565,399 | | $ | 2,483,234 |
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