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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Oct. 31, 2015	Nov. 27, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	GENESCO INC
Entity Central Index Key	0000018498
Document Type	10-Q
Document Period End Date	Oct. 31, 2015
Amendment Flag	false
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--01-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		22,090,544

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015	Nov. 01, 2014
Current Assets:
Cash and cash equivalents	$ 28,148	$ 112,867	$ 38,026
Accounts receivable, net of allowances of $5,036 at October 31, 2015, $4,191 at January 31, 2015 and $4,462 at November 1, 2014	82,136	55,263	71,796
Inventories	779,895	598,145	737,577
Deferred income taxes	31,464	28,293	23,651
Prepaids and other current assets	65,448	53,090	60,002
Total current assets	987,091	847,658	931,052
Property and equipment:
Land	8,267	7,653	7,822
Buildings and building equipment	34,687	32,872	33,764
Computer hardware, software and equipment	181,810	164,512	152,770
Furniture and fixtures	203,201	192,078	192,830
Construction in progress	47,712	25,587	34,643
Improvements to leased property	352,731	349,087	348,515
Property and equipment, at cost	828,408	771,789	770,344
Accumulated depreciation	(506,339)	(466,037)	(455,680)
Property and equipment, net	322,069	305,752	314,664
Deferred income taxes	27	31	4,335
Goodwill	298,990	296,865	304,552
Trademarks, net of accumulated amortization of $5,652 at October 31, 2015, $5,054 at January 31, 2015 and $4,867 at November 1, 2014	82,094	82,263	84,947
Other intangibles, net of accumulated amortization of $25,413 at October 31, 2015, $23,389 at January 31, 2015 and $22,802 at November 1, 2014	9,649	11,585	12,590
Other noncurrent assets	43,784	38,933	17,105
Total Assets	1,743,704	1,583,087	1,669,245
Current Liabilities:
Accounts payable	270,951	176,307	248,782
Accrued employee compensation	25,759	88,030	83,042
Accrued other taxes	22,702	33,965	21,501
Accrued income taxes	3,792	12,921	6,121
Current portion – long-term debt	15,437	13,152	35,347
Other accrued liabilities	85,063	71,036	82,170
Provision for discontinued operations	10,904	10,505	7,759
Total current liabilities	434,608	405,916	484,722
Long-term debt	199,691	16,003	79,688
Pension liability	21,441	22,184	8,597
Deferred rent and other long-term liabilities	153,329	135,953	120,790
Provision for discontinued operations	4,272	4,254	4,790
Total liabilities	813,341	584,310	698,587
Commitments and contingent liabilities
Equity:
Non-redeemable preferred stock	1,233	1,274	1,286
Common equity:
Common stock, $1 par value: Authorized: 80,000,000 shares Issued/Outstanding: October 31, 2015 – 22,579,008/22,090,544, January 31, 2015 – 24,515,362/24,026,898 November 1, 2014 – 24,566,507/24,078,043	22,579	24,515	24,566
Additional paid-in capital	220,379	208,888	205,485
Retained earnings	739,180	820,563	773,804
Accumulated other comprehensive loss	(37,055)	(40,576)	(18,820)
Treasury shares, at cost (488,464 shares)	(17,857)	(17,857)	(17,857)
Total Genesco equity	928,459	996,807	968,464
Noncontrolling interest – non-redeemable	1,904	1,970	2,194
Total equity	930,363	998,777	970,658
Total Liabilities and Equity	$ 1,743,704	$ 1,583,087	$ 1,669,245

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015	Nov. 01, 2014
Statement of Financial Position [Abstract]
Allowances on accounts receivable	$ 5,036	$ 4,191	$ 4,462
Accumulated amortization on trademarks	5,652	5,054	4,867
Accumulated amortization on other intangibles	$ 25,413	$ 23,389	$ 22,802
Common stock, par value (usd per share)	$ 1	$ 1	$ 1
Common stock, shares authorized	80,000,000	80,000,000	80,000,000
Common stock, shares issued	22,579,008	24,515,362	24,566,507
Common Stock, shares outstanding	22,090,544	24,026,898	24,078,043
Shares in treasury	488,464	488,464	488,464

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Income Statement [Abstract]
Net sales	$ 773,898	$ 722,915	$ 2,090,020	$ 1,967,214
Cost of sales	400,012	364,426	1,069,710	991,036
Selling and administrative expenses	321,685	310,893	935,540	894,469
Asset impairments and other, net	151	1,036	3,970	1,347
Earnings from operations	52,050	46,560	80,800	80,362
Indemnification asset write-off	0	7,050	0	7,050
Interest expense, net:
Interest expense	1,314	914	2,919	2,447
Interest income	16	(23)	(16)	(73)
Total interest expense, net	1,330	891	2,903	2,374
Earnings from continuing operations before income taxes	50,720	38,619	77,897	70,938
Income tax expense	17,865	9,869	27,504	23,322
Earnings from continuing operations	32,855	28,750	50,393	47,616
Provision for discontinued operations, net	(348)	(88)	(488)	(287)
Net Earnings	$ 32,507	$ 28,662	$ 49,905	$ 47,329
Basic earnings per common share:
Continuing operations (usd per share)	$ 1.44	$ 1.22	$ 2.16	$ 2.03
Discontinued operations (usd per share)	(0.02)	(0.01)	(0.02)	(0.02)
Net earnings (usd per share)	1.42	1.21	2.14	2.01
Diluted earnings per common share:
Continuing operations (usd per share)	1.43	1.21	2.15	2.01
Discontinued operations (usd per share)	(0.01)	0.00	(0.02)	(0.01)
Net earnings (usd per share)	$ 1.42	$ 1.21	$ 2.13	$ 2.00

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Statement of Comprehensive Income [Abstract]
Net earnings	$ 32,507	$ 28,662	$ 49,905	$ 47,329
Other comprehensive income (loss):
Pension liability adjustments, net of tax of $0.5 million and $1.5 million for the three and nine months ended October 31, 2015 and $0.4 million and $1.1 million for the three and nine months ended November 1, 2014	727	521	2,279	1,628
Postretirement liability adjustments, net of tax of $0.1 million and ($0.2 million) for the three and nine months ended October 31, 2015 and $0.0 million for the three and nine months ended November 1, 2014	29	15	(376)	48
Foreign currency translation adjustments	(1,654)	(6,856)	1,618	(3,729)
Total other comprehensive income (loss)	(898)	(6,320)	3,521	(2,053)
Comprehensive income	$ 31,609	$ 22,342	$ 53,426	$ 45,276

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Statement of Comprehensive Income [Abstract]
Pension liability adjustment, tax amount	$ 0.5	$ 0.4	$ 1.5	$ 1.1
Postretirement liability adjustment, tax benefit	$ 0.1	$ 0.0	$ (0.2)	$ 0.0

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$ 32,507	$ 28,662	$ 49,905	$ 47,329
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:
Depreciation and amortization	19,294	19,006	58,169	54,755
Amortization of deferred note expense and debt discount	222	173	604	518
Deferred income taxes	(622)	(8,022)	3,193	(6,413)
Recoveries on accounts receivable	283	317	219	79
Tax indemnification asset write-off	0	7,050	0	7,050
Impairment of long-lived assets	90	397	1,787	1,639
Restricted stock expense	3,550	3,435	10,450	9,943
Provision for discontinued operations	570	144	801	472
Tax benefit of stock options and restricted stock	(30)	(21)	(89)	(3,119)
Other	394	329	1,155	791
Effect on cash from changes in working capital and other assets and liabilities, net of acquisitions:
Accounts receivable	(24,097)	(15,550)	(26,919)	(16,682)
Inventories	(45,797)	(66,219)	(181,524)	(163,339)
Prepaids and other current assets	5,080	12,480	(12,159)	(5,780)
Accounts payable	12,838	7,539	91,757	93,868
Other accrued liabilities	10,175	22,215	(79,322)	41,382
Other assets and liabilities	4,789	(10,902)	6,051	(53,596)
Net cash provided by (used in) operating activities	19,246	1,033	(75,922)	8,897
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(31,525)	(32,580)	(77,796)	(85,317)
Acquisitions, net of cash acquired	0	(31,684)	0	(34,917)
Proceeds from asset sales	21	79	55	235
Net cash used in investing activities	(31,504)	(64,185)	(77,741)	(119,999)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of long-term debt	(5,137)	(3,057)	(17,741)	(10,755)
Proceeds from issuance of long-term debt	0	2,433	27,417	26,253
Borrowings under revolving credit facility	206,037	129,750	288,177	212,950
Payments on revolving credit facility	(98,200)	(88,750)	(111,600)	(150,750)
Tax benefit of stock options and restricted stock	30	21	89	3,119
Share repurchases	(99,120)	(946)	(120,815)	(946)
Change in overdraft balances	(12,676)	2,383	2,503	7,969
Additions to deferred note cost	(16)	0	(655)	0
Exercise of stock options	500	322	1,076	2,009
Other	0	0	0	(42)
Net cash (used in) provided by financing activities	(8,582)	42,156	68,451	89,807
Effect of foreign exchange rate fluctuations on cash	(9)	(281)	493	(126)
Net Decrease in Cash and Cash Equivalents	(20,849)	(21,277)	(84,719)	(21,421)
Cash and cash equivalents at beginning of period	48,997	59,303	112,867	59,447
Cash and cash equivalents at end of period	28,148	38,026	28,148	38,026
Net cash paid (received) for:
Interest	1,140	658	2,065	1,952
Income taxes	$ 5,895	$ (1,202)	$ 39,677	$ 23,775

Condensed Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Total Non-Redeemable Preferred Stock	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Shares	Non Controlling Interest Non-Redeemable
Beginning balance at Feb. 01, 2014	$ 918,123	$ 1,305	$ 24,408	$ 190,568	$ 734,533	$ (16,767)	$ (17,857)	$ 1,933
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	47,329
Other comprehensive income (loss)	(2,053)
Shares repurchased	(900)
Ending balance at Nov. 01, 2014	970,658
Beginning balance at Feb. 01, 2014	918,123	1,305	24,408	190,568	734,533	(16,767)	(17,857)	1,933
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	97,725				97,725
Other comprehensive income (loss)	(23,809)					(23,809)
Exercise of stock options	1,818		69	1,749
Issue shares – Employee Stock Purchase Plan	191		3	188
Employee and non-employee restricted stock	13,392			13,392
Restricted stock issuance			202	(202)
Restricted shares withheld for taxes	(7,125)		(88)	88	(7,125)
Tax benefit of stock options and restricted stock exercised	3,061			3,061
Shares repurchased	(4,635)		(65)		(4,570)
Other	(1)	(31)	(14)	44
Noncontrolling interest – gain (loss)	37							37
Ending balance at Jan. 31, 2015	998,777	1,274	24,515	208,888	820,563	(40,576)	(17,857)	1,970
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	49,905				49,905
Other comprehensive income (loss)	3,521					3,521
Exercise of stock options	1,076		30	1,046
Issue shares – Employee Stock Purchase Plan	134		3	131
Employee and non-employee restricted stock	10,450			10,450
Restricted stock issuance			239	(239)
Restricted shares withheld for taxes	(4,408)		(66)	66	(4,408)
Tax benefit of stock options and restricted stock exercised	(13)			(13)
Shares repurchased	(129,013)		(2,133)		(126,880)
Other		(41)	(9)	50
Noncontrolling interest – gain (loss)	(66)							(66)
Ending balance at Oct. 31, 2015	$ 930,363	$ 1,233	$ 22,579	$ 220,379	$ 739,180	$ (37,055)	$ (17,857)	$ 1,904

Summary of Significant Accounting Policies

9 Months Ended

Oct. 31, 2015

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Interim Statements

The Condensed Consolidated Financial Statements and Notes contained in this report are unaudited but reflect all adjustments, consisting of only normal recurring adjustments, necessary for a fair presentation of the results for the interim periods of the fiscal year ending January 30, 2016 ("Fiscal 2016") and of the fiscal year ended January 31, 2015 ("Fiscal 2015"). The results of operations for any interim period are not necessarily indicative of results for the full year. The interim financial statements should be read in conjunction with the financial statements and notes thereto included in Genesco Inc.'s Annual Report on Form 10-K.

Nature of Operations

Genesco Inc. and its subsidiaries (collectively, the "Company") business includes the design and sourcing, marketing and distribution of footwear and accessories through retail stores in the U.S., Puerto Rico and Canada primarily under the Journeys, Journeys Kidz, Shi by Journeys, Underground by Journeys and Johnston & Murphy banners and under the Schuh banner in the United Kingdom, the Republic of Ireland and Germany; through e-commerce websites including journeys.com, journeyskidz.com, shibyjourneys.com, schuh.co.uk, johnstonmurphy.com and trask.com and catalogs, and at wholesale, primarily under the Company's Johnston & Murphy brand, the Trask brand, the licensed Dockers brand and other brands that the Company licenses for footwear, and the Company's SureGrip^® line of slip-resistant, occupational footwear. The Company's business also includes Lids Sports Group, which operates headwear and accessory stores in the U.S. and Canada primarily under the Lids banner; the Lids Locker Room and Lids Clubhouse businesses, consisting of sports-oriented fan shops featuring a broad array of licensed merchandise such as apparel, hats and accessories, sports decor and novelty products, operating under various trade names; licensed team merchandise departments in Macy's department stores operated under the name Locker Room by Lidsand on macys.com, under a license agreement with Macy's; certain e-commerce operations including lids.com, lids.ca, lidslockerroom.com and lidsclubhouse.com; and an athletic team dealer business operating as Lids Team Sports. Including both the footwear businesses and the Lids Sports Group business, at October 31, 2015, the Company operated 2,817 retail stores and leased departments in the U.S., Puerto Rico, Canada, the United Kingdom, the Republic of Ireland and Germany.

During the nine months ended October 31, 2015 and November 1, 2014, the Company operated five reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz, Shi by Journeys and Underground by Journeys retail footwear chains, e-commerce operations and catalog; (ii) Schuh Group, comprised of the Schuh retail footwear chain and e-commerce operations; (iii) Lids Sports Group, comprised as described in the preceding paragraph; (iv) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce and catalog operations and wholesale distribution of products under the Johnston & Murphy and Trask brands; and (v) Licensed Brands, comprised of Dockers^® Footwear, sourced and marketed under a license from Levi Strauss & Company; SureGrip^®Footwear, occupational footwear primarily sold directly to consumers; and other brands.

Note 1

Summary of Significant Accounting Policies, Continued

Principles of Consolidation

All subsidiaries are consolidated in the Condensed Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated.

Use of Estimates

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Significant areas requiring management estimates or judgments include the following key financial areas:

Inventory Valuation

The Company values its inventories at the lower of cost or market.

In its footwear wholesale operations, its Schuh Group segment and its Lids Sports Group wholesale operations, cost is determined using the first-in, first-out method. Market value is determined using a system of analysis which evaluates inventory at the stock number level based on factors such as inventory turn, average selling price, inventory level, and selling prices reflected in future orders. The Company provides reserves when the inventory has not been marked down to market value based on current selling prices or when the inventory is not turning and is not expected to turn at levels satisfactory to the Company.

The Lids Sports Group retail segment employs the moving average cost method for valuing inventories and apply freight using an allocation method. The Company provides a valuation allowance for slow-moving inventory based on negative margins and estimated shrink based on historical experience and specific analysis, where appropriate.

In its retail operations, other than the Schuh Group and Lids Sports Group retail segments, the Company employs the retail inventory method, applying average cost-to-retail ratios to the retail value of inventories. Under the retail inventory method, valuing inventory at the lower of cost or market is achieved as markdowns are taken or accrued as a reduction of the retail value of inventories.

Inherent in the retail inventory method are subjective judgments and estimates, including merchandise mark-on, markups, markdowns, and shrinkage. These judgments and estimates, coupled with the fact that the retail inventory method is an averaging process, could produce a range of cost figures. To reduce the risk of inaccuracy and to ensure consistent presentation, the Company employs the retail inventory method in multiple subclasses of inventory with similar gross margins, and analyzes markdown requirements at the stock number level based on factors such as inventory turn, average selling price, and inventory age. In addition, the Company accrues

Note 1

Summary of Significant Accounting Policies, Continued

markdowns as necessary. These additional markdown accruals reflect all of the above factors as well as current agreements to return products to vendors and vendor agreements to provide

markdown support. In addition to markdown provisions, the Company maintains provisions for shrinkage and damaged goods based on historical rates.

Inherent in the analysis of both wholesale and retail inventory valuation are subjective judgments about current market conditions, fashion trends, and overall economic conditions. Failure to make appropriate conclusions regarding these factors may result in an overstatement or understatement of inventory value.

Impairment of Long-Lived Assets

The Company periodically assesses the realizability of its long-lived assets, other than goodwill, and evaluates such assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Asset impairment is determined to exist if estimated future cash flows, undiscounted and without interest charges, are less than the carrying amount. Inherent in the analysis of impairment are subjective judgments about future cash flows. Failure to make appropriate conclusions regarding these judgments may result in an overstatement or understatement of the value of long-lived assets. See also Notes 3 and 5.

The goodwill impairment test involves performing a qualitative assessment, on a reporting unit level, based on current circumstances. If the results of the qualitative assessment indicate that it is more likely than not that the fair value of a reporting unit is greater than its carrying amount, a two-step impairment test will not be performed. However, if the results of the qualitative assessment indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then a two-step impairment test is performed. Alternatively, the Company may elect to bypass the qualitative assessment and proceed directly to the two-step impairment test, on a reporting unit level basis. The first step is a comparison of the fair value and carrying value of the business unit with which the goodwill is associated. The Company estimates fair value using the best information available, and computes the fair value derived by an income approach utilizing discounted cash flow projections. The income approach uses a projection of a reporting unit’s estimated operating results and cash flows that is discounted using a weighted-average cost of capital that reflects current market conditions. A key assumption in the Company’s fair value estimate is the weighted average cost of capital utilized for discounting its cash flow projections in its income approach. The Company believes the rate it used in its latest test was consistent with the risks inherent in its business and with industry discount rates. The projection uses management’s best estimates of economic and market conditions over the projected period including growth rates in sales, costs, estimates of future expected changes in operating margins and cash expenditures.

Other significant estimates and assumptions include terminal value growth rates, future estimates of capital expenditures and changes in future working capital requirements.

Note 1

Summary of Significant Accounting Policies, Continued

If the carrying value of the reporting unit is higher than its fair value, there is an indication that impairment may exist and the second step must be performed to measure the amount of impairment loss. The amount of impairment is determined by comparing the implied fair value of reporting

unit goodwill to the carrying value of the goodwill in the same manner as if the reporting unit was being acquired in a business combination. Specifically, the Company would allocate the fair value of the reporting unit to all of the assets and liabilities of the reporting unit, including any unrecognized intangible assets, in a hypothetical analysis that would calculate the implied fair value of goodwill. If the implied fair value of goodwill is less than the recorded goodwill, the Company would record an impairment charge for the difference.

Environmental and Other Contingencies

The Company is subject to certain loss contingencies related to environmental proceedings and other legal matters. The Company has made pretax accruals for certain of these contingencies, including approximately $0.6 million and $0.1 million for the third quarter of Fiscal 2016 and 2015, respectively, and $0.8 million and $0.5 million for the first nine months of Fiscal 2016 and 2015, respectively. These charges are included in provision for discontinued operations, net in the Condensed Consolidated Statements of Operations because they relate to former facilities operated by the Company. The Company monitors these matters on an ongoing basis and, on a quarterly basis, management reviews the Company’s reserves and accruals, adjusting provisions as management deems necessary in view of changes in available information. Changes in estimates of liability are reported in the periods when they occur. Consequently, management believes that its reserve in relation to each proceeding is a best estimate of probable loss connected to the proceeding, or in cases in which no best estimate is possible, the minimum amount in the range of estimated losses, based upon its analysis of the facts and circumstances as of the close of the most recent fiscal quarter. However, because of uncertainties and risks inherent in litigation generally and in environmental proceedings in particular, there can be no assurance that future developments will not require additional reserves, that some or all reserves will be adequate or that the amounts of any such additional reserves or any such inadequacy will not have a material adverse effect upon the Company’s financial condition, cash flows, or results of operations. See also Notes 3 and 9.

Revenue Recognition

Retail sales are recorded at the point of sale and are net of estimated returns and exclude sales and value added taxes. Catalog and internet sales are recorded at estimated time of delivery to the customer and are net of estimated returns and exclude sales and value added taxes. Wholesale revenue is recorded net of estimated returns and allowances for markdowns, damages and miscellaneous claims when the related goods have been shipped and legal title has passed to the customer. Shipping and handling costs charged to customers are included in net sales. Estimated returns are based on historical returns and claims. Historically, actual amounts of markdowns have not differed materially from estimates. Actual returns and claims in any future period may differ from historical experience.

Note 1

Summary of Significant Accounting Policies, Continued

Income Taxes

As part of the process of preparing the Condensed Consolidated Financial Statements, the Company is required to estimate its income taxes in each of the tax jurisdictions in which it operates. This process involves estimating current tax obligations together with assessing temporary differences resulting from differing treatment of certain items for tax and accounting purposes, such as depreciation of property and equipment and valuation of inventories. These temporary differences result in deferred tax assets and liabilities, which are included within the Condensed Consolidated Balance Sheets. The Company then assesses the likelihood that its deferred tax assets will be recovered from future taxable income or other sources. Actual results could differ from this assessment if adequate taxable income is not generated in future periods. To the extent the Company believes that recovery of an asset is at risk, valuation allowances are established. To the extent valuation allowances are established or increased in a period, the Company includes an expense within the tax provision in the Condensed Consolidated Statements of Operations. These deferred tax valuation allowances may be released in future years when management considers that it is more likely than not that some portion or all of the deferred tax assets will be realized. In making such a determination, management will need to periodically evaluate whether or not all available evidence, such as future taxable income and reversal of temporary differences, tax planning strategies, and recent results of operations, provides sufficient positive evidence to offset any potential negative evidence that may exist at such time. In the event the deferred tax valuation allowance is released, the Company would record an income tax benefit for the portion or all of the deferred tax valuation allowance released. At October 31, 2015, the Company had a deferred tax valuation allowance of $3.1 million.

Income tax reserves for uncertain tax positions are determined using the methodology required by the Income Tax Topic of the Accounting Standards Codification ("Codification"). This methodology requires companies to assess each income tax position taken using a two step process. A determination is first made as to whether it is more likely than not that the position will be sustained, based upon the technical merits, upon examination by the taxing authorities. If the tax position is expected to meet the more likely than not criteria, the benefit recorded for the tax position equals the largest amount that is greater than 50% likely to be realized upon ultimate settlement of the respective tax position. Uncertain tax positions require determinations and estimated liabilities to be made based on provisions of the tax law which may be subject to change or varying interpretation. If the Company’s determinations and estimates prove to be inaccurate, the resulting adjustments could be material to its future financial results.

The Company recorded an effective income tax rate of 35.2% in the third quarter of Fiscal 2016 compared to 25.6% for the same period last year and 35.3% and 32.9% for the first nine months of Fiscal 2016 and 2015, respectively. The tax rate for Fiscal 2016 was higher compared to Fiscal 2015 primarily due to a $7.0 million reversal of charges previously recorded related to formerly uncertain tax positions that were taken by Schuh at the time of the purchase by the Company, which were favorably resolved during the third quarter of Fiscal 2015. Related to the same uncertain tax position, the Company wrote off a $7.1 million indemnification asset during the third quarter of Fiscal 2015.

Note 1

Summary of Significant Accounting Policies, Continued

Postretirement Benefits Plan Accounting

Full-time employees who had at least 1000 hours of service in calendar year 2004, except employees in the Lids Sports Group and Schuh Group segments, are covered by a defined benefit pension plan. The Company froze the defined benefit pension plan effective January 1, 2005. The Company also provides certain former employees with medical and life insurance benefits. The Company funds at least the minimum amount required by the Employee Retirement Income Security Act.

As required by the Compensation – Retirement Benefits Topic of the Codification, the Company is required to recognize the overfunded or underfunded status of postretirement benefit plans as an asset or liability in its Condensed Consolidated Balance Sheets and to recognize changes in that funded status in accumulated other comprehensive loss, net of tax, in the year in which the changes occur.

The Company recognizes pension expense on an accrual basis over employees’ approximate service periods. The calculation of pension expense and the corresponding liability requires the use of a number of critical assumptions, including the expected long-term rate of return on plan assets and the assumed discount rate, as well as the recognition of actuarial gains and losses. Changes in these assumptions can result in different expense and liability amounts, and future actual experience can differ from these assumptions.

The Company utilizes a calculated value of assets, which is an averaging method that recognizes changes in the fair values of assets over a period of five years. Accounting principles generally accepted in the United States require that the Company recognize a portion of these losses when they exceed a calculated threshold. These losses might be recognized as a component of pension expense in future years and would be amortized over the average future service of employees, which is currently approximately six years.

Cash and Cash Equivalents

The Company had total available cash and cash equivalents of $28.1 million, $112.9 million and $38.0 million as of October 31, 2015, January 31, 2015 and November 1, 2014, respectively, of which approximately $3.1 million, $25.2 million and $13.7 million was held by the Company's foreign subsidiaries as of October 31, 2015, January 31, 2015 and November 1, 2014, respectively. The Company's strategic plan does not require the repatriation of foreign cash in order to fund its operations in the U.S., and it is the Company's current intention to permanently reinvest its foreign cash and cash equivalents outside of the U.S. If the Company were to repatriate foreign cash to the U.S., it would be required to accrue and pay U.S. taxes in accordance with applicable U.S. tax rules and regulations as a result of the repatriation. There were no cash equivalents included in cash and cash equivalents at October 31, 2015, January 31, 2015 and November 1, 2014. Cash equivalents are highly-liquid financial instruments having an original maturity of three months or less.

At October 31, 2015, substantially all of the Company’s domestic cash was invested in deposit accounts at FDIC-insured banks. The majority of payments due from banks for domestic customer

Note 1

Summary of Significant Accounting Policies, Continued

credit card transactions process within 24 - 48 hours and are accordingly classified as cash and cash equivalents in the Condensed Consolidated Balance Sheets.

At October 31, 2015, January 31, 2015 and November 1, 2014, outstanding checks drawn on zero-balance accounts at certain domestic banks exceeded book cash balances at those banks by approximately $48.1 million, $45.6 million and $50.1 million, respectively. These amounts are included in accounts payable in the Condensed Consolidated Balance Sheets.

Concentration of Credit Risk and Allowances on Accounts Receivable

The Company’s footwear wholesale businesses sell primarily to independent retailers and department stores across the United States. Receivables arising from these sales are not collateralized. Customer credit risk is affected by conditions or occurrences within the economy and the retail industry as well as by customer specific factors. The Company’s Lids Team Sports wholesale business sells primarily to colleges and high school athletic teams and their fan bases. Including both footwear wholesale and Lids Team Sports wholesale business receivables, one customer accounted for 7% and one customer accounted for 6% of the Company’s total trade receivables balance, while no other customer accounted for more than 5% of the Company’s total trade receivables balance as of October 31, 2015.

The Company establishes an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information, as well as customer-specific factors. The Company also establishes allowances for sales returns, customer deductions and co-op advertising based on specific circumstances, historical trends and projected probable outcomes.

Property and Equipment

Property and equipment are recorded at cost and depreciated or amortized over the estimated useful life of related assets. Depreciation and amortization expense are computed principally by the straight-line method over the following estimated useful lives:



Buildings and building equipment	20-45 years
Computer hardware, software and equipment	3-10 years
Furniture and fixtures	10 years

Depreciation expense related to property and equipment was approximately $18.5 million and $18.0 million for the three months ended October 31, 2015 and November 1, 2014, respectively, and $56.0 million and $52.3 million for the nine months ended October 31, 2015 and November 1, 2014, respectively.

Leases

Leasehold improvements and properties under capital leases are amortized on the straight-line method over the shorter of their useful lives or their related lease terms and the charge to earnings is included in selling and administrative expenses in the Condensed Consolidated Statements of Operations.

Note 1

Summary of Significant Accounting Policies, Continued

Certain leases include rent increases during the initial lease term. For these leases, the Company recognizes the related rental expense on a straight-line basis over the term of the lease (which

includes any rent holidays and the pre-opening period of construction, renovation, fixturing and merchandise placement) and records the difference between the amounts charged to operations and amounts paid as deferred rent.

The Company occasionally receives reimbursements from landlords to be used towards construction of the store the Company intends to lease. Leasehold improvements are recorded at their gross costs including items reimbursed by landlords. The reimbursements are amortized as a reduction

of rent expense over the initial lease term. Tenant allowances of $26.2 million, $23.5 million and $25.4 million at October 31, 2015, January 31, 2015 and November 1, 2014, respectively, and deferred rent of $47.7 million, $45.0 million and $44.2 million at October 31, 2015, January 31, 2015 and November 1, 2014, respectively, are included in deferred rent and other long-term liabilities on the Condensed Consolidated Balance Sheets.

Acquisition

Acquisitions are accounted for using the Business Combinations Topic of the Codification. The total purchase price is allocated to the assets acquired and liabilities assumed based on their estimated fair values at acquisition.

Goodwill and Other Intangibles

Under the provisions of the Intangibles – Goodwill and Other Topic of the Codification, goodwill and intangible assets with indefinite lives are not amortized, but are tested at least annually for impairment. The Company will update the tests between annual tests if events or circumstances occur that would more likely than not reduce the fair value of the business unit with which the goodwill is associated below its carrying amount. It is also required that intangible assets with finite lives be amortized over their respective lives to their estimated residual values and reviewed for impairment in accordance with the Property, Plant and Equipment Topic of the Codification.

Intangible assets of the Company with indefinite lives are primarily goodwill and identifiable trademarks acquired in connection with the acquisition of Schuh Group Ltd. in June 2011 and Hat World Corporation in April 2004 and various other small acquisitions. The Condensed Consolidated Balance Sheets include goodwill of $199.8 million for the Lids Sports Group, $98.4 million for the Schuh Group and $0.8 million for Licensed Brands at October 31, 2015, $200.1 million for the Lids Sports Group, $96.0 million for the Schuh Group and $0.8 million for Licensed Brands at January 31, 2015 and $201.9 million for the Lids Sports Group, $101.9 million for the Schuh Group and $0.8 million for Licensed Brands at November 1, 2014. The Company tests for impairment of intangible assets with an indefinite life, relying on a number of factors including operating results, business plans, projected future cash flows and observable market data. The impairment test for identifiable assets not subject to amortization consists of a comparison of the fair value of the intangible asset with its carrying amount. The Company has not had an impairment charge for intangible assets.

Note 1

Summary of Significant Accounting Policies, Continued

In connection with acquisitions, the Company records goodwill on its Condensed Consolidated Balance Sheets. This asset is not amortized but is subject to an impairment assessment at least annually, based on projected future cash flows from the acquired business discounted at a rate commensurate with the risk the Company considers to be inherent in its current business model. The Company performs the impairment test annually as of the close of its fiscal year, or more frequently if events or circumstances indicate that the value of the asset might be impaired.

As a result of the various acquisitions comprising the Lids Team Sports team dealer business, the Company carries goodwill related to such acquisitions at a value of $18.0 million on its Condensed Consolidated Balance Sheets related to such acquisitions. Because the team dealer business to which the goodwill relates had performed below the Company's expectations, the Company performed impairment testing as of August 1, 2015. The Company found that the result of the impairment test, which valued the business at approximately $10.9 million in excess of its carrying value, indicated no impairment at that time. The Company may determine in connection with the test to be performed as of the end of the current fiscal year or in future impairment tests that some or all of the carrying value of the goodwill may be impaired. Such a finding would require a write-off of the amount of the carrying value that is impaired, which would reduce the Company's profitability in the period of the impairment charge. Holding all other assumptions constant as of the measurement date, the Company noted that an increase in the weighted average cost of capital of 100 basis points would reduce the fair value of the Lids Team Sports business by $6.4 million. Furthermore, the Company noted that a decrease in projected annual revenue growth by one percent would reduce the fair value of the Lids Team Sports business by $0.4 million. However, if other assumptions do not remain constant, the fair value of the Lids Team Sports business may decrease by a greater amount.

Identifiable intangible assets of the Company with finite lives are trademarks, customer lists, in-place leases, non-compete agreements and a vendor contract. They are subject to amortization based upon their estimated useful lives. Finite-lived intangible assets are evaluated for impairment using a process similar to that used to evaluate other definite-lived long-lived assets, a comparison of the fair value of the intangible asset with its carrying amount. An impairment loss is recognized for the amount by which the carrying value exceeds the fair value of the asset.

Note 1

Summary of Significant Accounting Policies, Continued

Fair Value of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments at October 31, 2015 and January 31, 2015 are:



Fair Values
In thousands	October 31, 2015				January 31, 2015
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
U.S. Revolver Borrowings	$	148,845	$	148,750	$	—	$	—
UK Term Loans	39,268		39,197		29,155		29,126
UK Revolver Borrowings	27,015		26,845		—		—

Debt fair values were estimated using a discounted cash flow analysis based on current market interest rates for similar types of financial instruments and would be classified in Level 2 as defined in Note 5.

Carrying amounts reported on the Condensed Consolidated Balance Sheets for cash, cash equivalents, receivables and accounts payable approximate fair value due to the short-term maturity of these instruments.

Cost of Sales

For the Company’s retail operations, the cost of sales includes actual product cost, the cost of transportation to the Company’s warehouses from suppliers and the cost of transportation from the Company’s warehouses to the stores. Additionally, the cost of its distribution facilities allocated to its retail operations is included in cost of sales.

For the Company’s wholesale operations, the cost of sales includes the actual product cost and the cost of transportation to the Company’s warehouses from suppliers.

Selling and Administrative Expenses

Selling and administrative expenses include all operating costs of the Company excluding (i) those related to the transportation of products from the supplier to the warehouse, (ii) for its retail operations, those related to the transportation of products from the warehouse to the store and (iii)

costs of its distribution facilities which are allocated to its retail operations. Wholesale costs of distribution are included in selling and administrative expenses on the Condensed Consolidated Statements of Operations in the amounts of $2.6 million for each of the third quarters of Fiscal 2016 and 2015 and $7.2 million for each of the first nine months of Fiscal 2016 and 2015.

EVA Incentive Plan

Under the Company's EVA Incentive Plan, bonus awards in excess of a specified cap in any one year are retained and paid over three subsequent years, subject to reduction or elimination by deteriorating financial performance and historically were subject to forfeiture if the participant voluntarily resigns from employment with the Company. As a result, the bonus awards were subject

Note 1

Summary of Significant Accounting Policies, Continued

to service conditions that resulted in recognition of expense over the period of service by the respective employee. During the first quarter of Fiscal 2015, the Company amended the plan to remove the future service requirement for the payment of the retained bonuses. As a result, the bonus expense that would have been deferred under the previous plan terms is now recognized in the first year of service. The Company recorded a $5.7 million charge to earnings in the first quarter of Fiscal 2015 in connection with the amendment related to bonus amounts previously deferred to future years.

Gift Cards

The Company has a gift card program that began in calendar year 1999 for its Lids Sports operations and calendar year 2000 for its footwear operations, excluding Schuh Group. The gift cards issued to date do not expire. As such, the Company recognizes income when: (i) the gift card is redeemed

by the customer; or (ii) the likelihood of the gift card being redeemed by the customer for the purchase of goods in the future is remote and there are no related escheat laws (referred to as “breakage”). The gift card breakage rate is based upon historical redemption patterns and income is recognized for unredeemed gift cards in proportion to those historical redemption patterns.

Gift card breakage is recognized in revenues each period for which financial statements are updated. Gift card breakage recognized as revenue was $0.1 million for each of the third quarters of Fiscal 2016 and 2015 and $0.4 million for each of the first nine months of Fiscal 2016 and 2015. The Condensed Consolidated Balance Sheets include an accrued liability for gift cards of $13.8 million, $15.8 million and $12.7 million at October 31, 2015, January 31, 2015 and November 1, 2014, respectively.

Buying, Merchandising and Occupancy Costs

The Company records buying, merchandising and occupancy costs in selling and administrative expense on the Condensed Consolidated Statements of Operations. Because the Company does not include these costs in cost of sales, the Company’s gross margin may not be comparable to other retailers that include these costs in the calculation of gross margin. Retail store occupancy costs recorded in selling and administrative expense were $109.0 million and $103.2 million for the third quarters of Fiscal 2016 and 2015, respectively, and $322.5 million and $306.9 million for the first nine months of Fiscal 2016 and 2015, respectively.

Shipping and Handling Costs

Shipping and handling costs related to inventory purchased from suppliers are included in the cost of inventory and are charged to cost of sales in the period that the inventory is sold. All other shipping and handling costs are charged to cost of sales in the period incurred except for wholesale and unallocated retail costs of distribution, which are included in selling and administrative expenses on the Condensed Consolidated Statements of Operations.

Preopening Costs

Costs associated with the opening of new stores are expensed as incurred, and are included in selling and administrative expenses on the accompanying Condensed Consolidated Statements of Operations.

Note 1

Summary of Significant Accounting Policies, Continued

Store Closings and Exit Costs

From time to time, the Company makes strategic decisions to close stores or exit locations or activities. Under the provisions of the new Property, Plant, and Equipment Topic of the Codification, which the Company adopted in the first quarter of Fiscal 2015, the definition of a discontinued operation was amended. A discontinued operation may include a component of an entity or a group of components of an entity that represent a strategic shift that has or will have a major effect on an entity's operation or financial results. If stores or operating activities to be closed or exited constitute

a component or group of components that represent a strategic shift in the Company's operations, these closures will be considered discontinued operations. The results of operations of discontinued operations are presented retroactively, net of tax, as a separate component on the Condensed

Consolidated Statements of Operations. In each of the years presented, no store closings have met the discontinued operations criteria.

Assets related to planned store closures or other exit activities are reflected as assets held for sale and recorded at the lower of carrying value or fair value less costs to sell when the required criteria, as defined by the Property, Plant and Equipment Topic of the Codification, are satisfied. Depreciation ceases on the date that the held for sale criteria are met.

Assets related to planned store closures or other exit activities that do not meet the criteria to be classified as held for sale are evaluated for impairment in accordance with the Company’s normal impairment policy, but with consideration given to revised estimates of future cash flows. In any event, the remaining depreciable useful lives are evaluated and adjusted as necessary.

Exit costs related to anticipated lease termination costs, severance benefits and other expected charges are accrued for and recognized in accordance with the Exit or Disposal Cost Obligations Topic of the Codification.

Advertising Costs

Advertising costs are predominantly expensed as incurred. Advertising costs were $17.6 million and $15.3 million for the third quarters of Fiscal 2016 and 2015, respectively, and $49.7 million and $44.9 million for the first nine months of Fiscal 2016 and 2015, respectively. Direct response advertising costs for catalogs are capitalized in accordance with the Other Assets and Deferred Costs Topic for Capitalized Advertising Costs of the Codification. Such costs are amortized over the estimated future period as revenues are realized from such advertising, not to exceed six months. The Condensed Consolidated Balance Sheets include prepaid assets for direct response advertising costs of $3.8 million, $2.3 million and $4.2 million at October 31, 2015, January 31, 2015 and November 1, 2014, respectively.

Note 1

Summary of Significant Accounting Policies, Continued

Consideration to Resellers

In its wholesale businesses, the Company does not have any written buy-down programs with retailers, but the Company has provided certain retailers with markdown allowances for obsolete and slow moving products that are in the retailer’s inventory. The Company estimates these allowances and provides for them as reductions to revenues at the time revenues are recorded. Markdowns are negotiated with retailers and changes are made to the estimates as agreements are reached. Actual amounts for markdowns have not differed materially from estimates.

Cooperative Advertising

Cooperative advertising funds are made available to most of the Company’s wholesale footwear customers. In order for retailers to receive reimbursement under such programs, the retailer must meet specified advertising guidelines and provide appropriate documentation of expenses to be reimbursed. The Company’s cooperative advertising agreements require that wholesale customers present documentation or other evidence of specific advertisements or display materials used for the Company’s products by submitting the actual print advertisements presented in catalogs,

newspaper inserts or other advertising circulars, or by permitting physical inspection of displays. Additionally, the Company’s cooperative advertising agreements require that the amount of reimbursement requested for such advertising or materials be supported by invoices or other

evidence of the actual costs incurred by the retailer. The Company accounts for these cooperative advertising costs as selling and administrative expenses, in accordance with the Revenue Recognition Topic for Customer Payments and Incentives of the Codification.

Cooperative advertising costs recognized in selling and administrative expenses on the Condensed Consolidated Statements of Operations were $1.1 million and $1.0 million for the third quarters of Fiscal 2016 and 2015, respectively, and $2.8 million and $2.7 million for the first nine months of Fiscal 2016 and 2015, respectively. During the first nine months of Fiscal 2016 and 2015, the Company’s cooperative advertising reimbursements paid did not exceed the fair value of the benefits received under those agreements.

Vendor Allowances

From time to time, the Company negotiates allowances from its vendors for markdowns taken or expected to be taken. These markdowns are typically negotiated on specific merchandise and for specific amounts. These specific allowances are recognized as a reduction in cost of sales in the

period in which the markdowns are taken. Markdown allowances not attached to specific inventory on hand or already sold are applied to concurrent or future purchases from each respective vendor.

The Company receives support from some of its vendors in the form of reimbursements for cooperative advertising and catalog costs for the launch and promotion of certain products. The reimbursements are agreed upon with vendors and represent specific, incremental, identifiable costs incurred by the Company in selling the vendor’s specific products. Such costs and the related reimbursements are accumulated and monitored on an individual vendor basis, pursuant to the respective cooperative advertising agreements with vendors. Such cooperative advertising

reimbursements are recorded as a reduction of selling and administrative expenses in the same period in which the associated expense is incurred. If the amount of cash consideration received

Note 1

Summary of Significant Accounting Policies, Continued

exceeds the costs being reimbursed, such excess amount would be recorded as a reduction of cost of sales.

Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $2.0 million and $1.5 million for the third quarters of Fiscal 2016 and 2015, respectively, and $3.6 million and $2.8 million for the first nine months of Fiscal 2016 and 2015, respectively. During the first nine months of Fiscal 2016 and 2015, the Company’s cooperative advertising reimbursements received were not in excess of the costs incurred.

Earnings Per Common Share

Basic earnings per share excludes dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities to issue common stock were exercised or converted to common stock (see Note 8).

Foreign Currency Translation

The functional currency of the Company's foreign operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date. Income and expense accounts are translated at monthly average exchange rates. The unearned gains and losses resulting

from such translation are included as a separate component of accumulated other comprehensive loss within shareholders' equity. Gains and losses from certain foreign currency transactions are reported as an item of income and resulted in a net loss of $0.6 million and $2.1 million for the third quarter and first nine months of Fiscal 2016, respectively, and a net loss of $1.0 million and $0.8 million for the third quarter and first nine months of Fiscal 2015, respectively.

Share-Based Compensation

The Company has share-based compensation covering certain members of management and non-employee directors. The Company recognizes compensation expense for share-based payments based on the fair value of the awards as required by the Compensation - Stock Compensation Topic of the Codification. The Company has not granted any stock options since the first quarter of Fiscal 2008. The fair value of employee restricted stock is determined based on the closing price of the Company's stock on the date of grant. The benefits of tax deductions in excess of recognized compensation expense are reported as a financing cash flow.

Other Comprehensive Income

The Comprehensive Income Topic of the Codification requires, among other things, the Company’s pension liability adjustment, postretirement liability adjustment and foreign currency translation adjustments to be included in other comprehensive income net of tax. Accumulated other comprehensive loss at October 31, 2015 consisted of $20.5 million of cumulative pension liability adjustments, net of tax, a cumulative post-retirement liability adjustment of $1.9 million, net of tax, and a cumulative foreign currency translation adjustment of $14.6 million.

Note 1

Summary of Significant Accounting Policies, Continued

The following table summarizes the components of accumulated other comprehensive income for the nine months ended October 31, 2015:



	Foreign Currency Translation			Unrecognized Pension/Postretirement Benefit Costs			Total Accumulated Other Comprehensive Income (Loss)
(In thousands)
Balance January 31, 2015	$	(16,247	)	$	(24,329	)	$	(40,576	)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	2,360			—			2,360
Loss on intra-entity foreign currency transactions
(long-term investment nature)	(743		)	—			(743		)
Net actuarial loss	—			(762		)	(762		)
Amounts reclassified from AOCI:
Amortization of net actuarial loss (1)	—			3,894			3,894
Income tax expense	—			1,228			1,228
Current period other comprehensive income, net of tax	1,617			1,904			3,521
Balance October 31, 2015	$	(14,630	)	$	(22,425	)	$	(37,055	)

(1) Amount is included in net periodic benefit cost, which is recorded in selling and administrative expense on the Condensed Consolidated Statements of Operations.

Business Segments

The Segment Reporting Topic of the Codification requires that companies disclose “operating segments” based on the way management disaggregates the Company’s operations for making internal operating decisions (see Note 10).

New Accounting Principles

In November 2015, the FASB issued ASU No. 2015-17, "Balance Sheet Classification of Deferred Taxes". ASU No. 2015-17 requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. The change to noncurrent classification could have a significant impact on working capital. ASU No. 2015-17 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016 and may be applied either prospectively or retrospectively. Early adoption is permitted. The Company is currently assessing the impact the adoption of ASU 2015-17 will have on its Consolidated Financial Statements and related disclosures, including which transition method will be adopted.

In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers (Topic 606)". ASU No. 2014-09 amends the guidance for revenue recognition to replace numerous, industry-specific requirements and merges areas under this topic with those of the International Financial Reporting Standards. The ASU implements a five-step process for customer contract revenue recognition that focuses on transfer of control, as opposed to transfer of risk and rewards.

Note 1

Summary of Significant Accounting Policies, Continued

The amendment also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenues and cash flows from contracts with customers. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, however, in August 2015, the FASB deferred this ASU for one year. The amendment is to be applied either retrospectively to each prior reporting period presented or with the cumulative effect recognized at the date of initial adoption as an adjustment to the opening balance of retained earnings (or other appropriate components of equity or net assets on the balance sheet). Early adoption is not permitted. The Company is currently assessing the impact the adoption of ASU 2014-09 will have on its Consolidated Financial Statements and related disclosures, including which transition method will be adopted.

Intangible Assets

9 Months Ended

Oct. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Other intangibles by major classes were as follows:



	Leases						Customer Lists						Other*						Total
(In Thousands)	Oct. 31, 2015			Jan. 31, 2015			Oct. 31, 2015			Jan. 31, 2015			Oct. 31, 2015			Jan. 31, 2015			Oct. 31, 2015			Jan. 31, 2015
Gross other intangibles	$	13,663		$	13,616		$	18,284		$	18,244		$	3,115		$	3,114		$	35,062		$	34,974
Accumulated amortization	(12,739		)	(12,301		)	(10,772		)	(9,424		)	(1,902		)	(1,664		)	(25,413		)	(23,389		)
Net Other Intangibles	$	924		$	1,315		$	7,512		$	8,820		$	1,213		$	1,450		$	9,649		$	11,585

*Includes non-compete agreements, vendor contract and backlog.

The amortization of intangibles, including trademarks, was $0.7 million and $0.9 million for the third quarters of Fiscal 2016 and 2015, respectively, and $2.2 million and $2.4 million for the first nine months of Fiscal 2016 and 2015, respectively. The amortization of intangibles, including trademarks, is expected to be $2.9 million, $2.4 million, $1.7 million, $1.5 million and $0.8 million for Fiscal 2016, 2017, 2018, 2019 and 2020, respectively.

Asset Impairments and Other Charges and Discontinued Operations

9 Months Ended

Oct. 31, 2015

Asset Impairments and Other Charges and Discontinued Operations [Abstract]

Asset Impairments and Other Charges and Discontinued Operations

Asset Impairments and Other Charges

In accordance with Company policy, assets (other than goodwill and intangibles) are determined to be impaired when the revised estimated future cash flows are insufficient to recover the carrying costs. Impairment charges represent the excess of the carrying value over the fair value of those assets.

Asset impairment charges are reflected as a reduction of the net carrying value of property and equipment in the accompanying Condensed Consolidated Balance Sheets, and in asset impairments and other, net in the accompanying Condensed Consolidated Statements of Operations.

The Company recorded pretax charges of $0.2 million in the third quarter of Fiscal 2016, including a $0.1 million charge for retail store asset impairments and a $0.1 million charge for network intrusion expenses. The Company recorded pretax charges of $4.0 million in the first nine months of Fiscal 2016, including charges of $2.1 million for network intrusion expenses, a $1.8 million charge for retail store asset impairments and a $0.1 million charge for other legal matters.

The Company recorded pretax charges of $1.0 million in the third quarter of Fiscal 2015, including a $0.6 million charge for network intrusion expenses and a $0.4 million charge for retail store asset impairments. The Company recorded pretax charges of $1.3 million in the first nine months of Fiscal 2015, including charges of $2.4 million for network intrusion expenses, $1.6 million for retail store asset impairments and $0.7 million for other legal matters, partially offset by a $(3.4) million gain on a lease termination of a Lids store.

Discontinued Operations



Accrued Provision for Discontinued Operations
In thousands	Facility Shutdown Costs
Balance February 1, 2014	$	11,375
Additional provision Fiscal 2015	2,711
Charges and adjustments, net	673
Balance January 31, 2015	14,759
Additional provision Fiscal 2016	801
Charges and adjustments, net	(384		)
Balance October 31, 2015*	15,176
Current provision for discontinued operations	10,904
Total Noncurrent Provision for Discontinued Operations	$	4,272

*Includes a $14.5 million environmental provision, including $10.9 million in current provision for discontinued operations.

Inventories

9 Months Ended

Oct. 31, 2015

Inventory Disclosure [Abstract]

Inventories



In thousands	October 31, 2015		January 31, 2015
Raw materials	$	34,239	$	32,941
Wholesale finished goods	60,990		65,785
Retail merchandise	684,666		499,419
Total Inventories	$	779,895	$	598,145

Fair Value

9 Months Ended

Oct. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value

The Fair Value Measurements and Disclosures Topic of the Codification defines fair value, establishes a framework for measuring fair value in accordance with U.S. generally accepted accounting principles and expands disclosures about fair value measurements. This Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (i.e., an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

Level 1 - Quoted prices in active markets for identical assets or liabilities.

Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.

Note 5

Fair Value, Continued

The following table presents the Company’s assets (which excludes the Company's pension plan assets) and liabilities measured at fair value on a nonrecurring basis as of October 31, 2015 aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands):



	Long-Lived Assets Held and Used		Level 1		Level 2		Level 3		Total Losses
Measured as of May 2, 2015	$	67	$	—	$	—	$	67	$	766
Measured as of August 1, 2015	632		—		—		632		931
Measured as of October 31, 2015	200		—		—		200		$	90
Sub-total asset impairment YTD									$	1,787

In accordance with the Property, Plant and Equipment Topic of the Codification, the Company recorded $0.1 million and $1.8 million of impairment charges as a result of the fair value measurement of its long-lived assets held and used on a nonrecurring basis during the three and nine months ended October 31, 2015, respectively. These charges are reflected in asset impairments and other, net on the Condensed Consolidated Statements of Operations.

The Company used a discounted cash flow model to estimate the fair value of these long-lived assets. Discount rate and growth rate assumptions are derived from current economic conditions, expectations of management and projected trends of current operating results. As a result, the Company has determined that the majority of the inputs used to value its long-lived assets held and used are unobservable inputs that fall within Level 3 of the fair value hierarchy.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Long-Term Debt

9 Months Ended

Oct. 31, 2015

Debt Disclosure [Abstract]

Long-term Debt

Long-Term Debt



In thousands	October 31, 2015		January 31, 2015
U.S. revolver borrowings	$	148,845	$	—
UK term loans	39,268		29,155
UK revolver borrowings	27,015		—
Total long-term debt	215,128		29,155
Current portion	15,437		13,152
Total Noncurrent Portion of Long-Term Debt	$	199,691	$	16,003

Long-term debt maturing during each of the next five years ending in January each year is $7.8 million, $15.4 million, $3.5 million, $150.8 million and $37.6 million, respectively.

The Company had $148.8 million of revolver borrowings outstanding under the Credit Facility at October 31, 2015, which includes $15.4 million (£10.0 million) related to Genesco (UK) Limited and $8.4 million (C$11.0 million) related to GCO Canada, and had $39.3 million in term loans outstanding and $27.0 million in revolver loans outstanding under the U.K. Credit Facilities (described below) at October 31, 2015. The Company had outstanding letters of credit of $13.5 million under the Credit Facility at October 31, 2015. These letters of credit support product purchases and lease and insurance indemnifications.

U.K. Credit Facility

In May 2015, Schuh Group Limited entered into a Form of Amended and Restated Facilities Agreement and Working Capital Facility Letter which replaced the former A, B and C term loans with a new Facility A of £17.5 million and a Facility B of £11.6 million (which was the former Facility C loan) as well as provided an additional revolving credit facility, Facility C, of £22.5 million and a working capital facility of £2.5 million. The Facility A loan bears interest at LIBOR plus 1.8% per annum with quarterly payments through April 2017. The Facility B loan bears interest at LIBOR plus 2.5% per annum with quarterly payments through September 2019. The Facility C bears interest at LIBOR plus 2.2% per annum and expires in September 2019.

The UK Credit Facilities contain certain covenants at the Schuh level including a minimum interest coverage covenant of 4.50x and thereafter, a maximum leverage covenant initially set at 2.25x declining over time at various rates to 1.75x beginning in April 2017 and a minimum cash flow coverage of 1.00x. The Company was in compliance with all the covenants at October 31, 2015. The UK Credit Facilities are secured by a pledge of all the assets of Schuh and its subsidiaries.

Defined Benefit Pension Plans and Other Benefit Plans

9 Months Ended

Oct. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Defined Benefit Pension Plans and Other Benefit Plans



Components of Net Periodic Benefit Cost


	Pension Benefits						Other Benefits
	Three Months Ended						Three Months Ended
In thousands	October 31, 2015			November 1, 2014			October 31, 2015		November 1, 2014
Service cost	$	113		$	112		$	209	$	130
Interest cost	1,062			1,163			61		55
Expected return on plan assets	(1,446		)	(1,517		)	—		—
Amortization:
Losses	1,197			860			48		25
Net amortization	1,197			860			48		25
Net Periodic Benefit Cost	$	926		$	618		$	318	$	210



Components of Net Periodic Benefit Cost


	Pension Benefits						Other Benefits
	Nine Months Ended						Nine Months Ended
In thousands	October 31, 2015			November 1, 2014			October 31, 2015		November 1, 2014
Service cost	$	338		$	337		$	628	$	396
Interest cost	3,202			3,501			184		171
Expected return on plan assets	(4,341		)	(4,552		)	—		—
Amortization:
Losses	3,751			2,686			144		78
Net amortization	3,751			2,686			144		78
Net Periodic Benefit Cost	$	2,950		$	1,972		$	956	$	645

There is no cash contribution required for the pension plan in 2015.

Earnings Per Share

9 Months Ended

Oct. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share



	For the Three Months Ended					For the Three Months Ended
	October 31, 2015					November 1, 2014
(In thousands, except per share amounts)	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings from continuing operations	$	32,855				$	28,750

Basic EPS from continuing operations
Income available to
common shareholders	32,855		22,834	$	1.44	28,750		23,602	$	1.22

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards			39					113
Employees' preferred stock⁽¹⁾			44					45

Diluted EPS from continuing operations
Income available to common
shareholders plus assumed
conversions	$	32,855	22,917	$	1.43	$	28,750	23,760	$	1.21


(1)	The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculations for the third quarters ended October 31, 2015 and November 1, 2014.

Note 8

Earnings Per Share, Continued



	For the Nine Months Ended					For the Nine Months Ended
	October 31, 2015					November 1, 2014
(In thousands, except per share amounts)	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings from continuing operations	$	50,393				$	47,616

Basic EPS from continuing operations
Income available to
common shareholders	50,393		23,308	$	2.16	47,616		23,489	$	2.03

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards			84					156
Employees' preferred stock⁽¹⁾			44					46

Diluted EPS from continuing operations
Income available to common
shareholders plus assumed
conversions	$	50,393	23,436	$	2.15	$	47,616	23,691	$	2.01


(1)	The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculations for the first nine months ended October 31, 2015 and November 1, 2014.

The Company repurchased 1,708,000 and 2,132,384 shares of common stock during the three and nine months ended October 31, 2015 for $101.5 million and $129.0 million, respectively, of which $8.2 million was not paid in the third quarter but included in other accrued liabilities in the Condensed Consolidated Balance Sheets. The Company has $21.5 million remaining under its current $100.0 million share repurchase authorization approved by the Company's board of directors in September 2015. The Company repurchased 13,159 shares during the three and nine months ended November 1, 2014 for $0.9 million.

Legal Proceedings	9 Months Ended
Legal Proceedings	Oct. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	Legal Proceedings Environmental Matters New York State Environmental Matters In August 1997, the New York State Department of Environmental Conservation (“NYSDEC”) and the Company entered into a consent order whereby the Company assumed responsibility for conducting a remedial investigation and feasibility study (“RIFS”) and implementing an interim remedial measure (“IRM”) with regard to the site of a knitting mill operated by a former subsidiary of the Company from 1965 to 1969. The Company undertook the IRM and RIFS voluntarily, without admitting liability or accepting responsibility for any future remediation of the site. The Company has completed the IRM and the RIFS. In the course of preparing the RIFS, the Company identified remedial alternatives with estimated undiscounted costs ranging from $0.0 million to $24.0 million, excluding amounts previously expended or provided for by the Company. The United States Environmental Protection Agency (“EPA”), which has assumed primary regulatory responsibility for the site from NYSDEC, issued a Record of Decision (the "2007 ROD") in September 2007. The 2007 ROD requires a remedy of a combination of groundwater extraction and treatment and in-situ chemical oxidation at an estimated present cost of approximately $10.7 million. In July 2009, the Company agreed to a Consent Order with the EPA requiring the Company to perform certain remediation actions, operations, maintenance and monitoring at the site. In September 2009, a Consent Judgment embodying the Consent Order was filed in the U.S. District Court for the Eastern District of New York. In April 2015, the EPA issued a proposal to amend the 2007 ROD by eliminating the separate ground-water extraction and treatment systems and the use of in-situ oxidation from the remedy adopted in the 2007 ROD. The proposal, which is subject to public comment and final approval by the EPA, would continue the operation and maintenance of the existing wellhead treatment systems on wells operated by the Village of Garden City, New York (the "Village"). The Village has additionally asserted that the Company is liable for the costs associated with enhanced treatment required by the impact of the groundwater plume from the site on two public water supply wells, including historical costs ranging from approximately $1.8 million to in excess of $2.5 million, and future operation and maintenance costs which the Village estimates at $126,400 annually while the enhanced treatment continues. On December 14, 2007, the Village filed a complaint against the Company and the owner of the property under the Resource Conservation and Recovery Act (“RCRA”), the Safe Drinking Water Act, and the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) as well as a number of state law theories in the U.S. District Court for the Eastern District of New York, seeking an injunction requiring the defendants to remediate contamination from the site and to establish their liability for future costs that may be incurred in connection with it, which the complaint alleges could exceed $41 million, undiscounted, over a 70-year period. The Company has not verified the estimates of either historic or future costs asserted by the Village, but believes that an estimate of future costs based on a 70-year remediation period is unreasonable given the expected remedial period reflected in the EPA's Record of Decision. On May 23, 2008, the Company filed a motion to dismiss the Village's complaint on grounds including applicable statutes of limitation and preemption of certain claims by the NYSDEC's and the EPA's diligent prosecution of remediation. On January 27, 2009, the Court granted the motion to dismiss all counts of the plaintiff's complaint except for Note 9 Legal Proceedings, Continued the CERCLA claim and a state law claim for indemnity for costs incurred after November 27, 2000. On September 23, 2009, on a motion for reconsideration by the Village, the Court reinstated the claims for injunctive relief under RCRA and for equitable relief under certain of the state law theories. The Company intends to continue to defend the action if an acceptable settlement agreement cannot be reached. In April 2015, the Company received from EPA a Notice of Potential Liability and Demand for Costs pursuant to CERCLA regarding the site in Gloversville, New York of a former leather tannery operated by the Company and by other, unrelated parties. The Notice demanded payment of approximately $2.2 million of response costs claimed by EPA to have been incurred to conduct assessments and removal activities at the site. The Company has requested additional information on the basis for EPA's assertion that the Company is a potentially responsible party with regard to the site and is assessing the claims asserted in the notice. The Company's environmental insurance carrier is providing coverage of the matter subject to a $500,000 self-insured retention and the other terms and conditions of the insurance policy, subject to a standard reservation of rights. Whitehall Environmental Matters The Company has performed sampling and analysis of soil, sediments, surface water, groundwater and waste management areas at the Company's former Volunteer Leather Company facility in Whitehall, Michigan. In October 2010, the Company and the Michigan Department of Natural Resources and Environment entered into a Consent Decree providing for implementation of a remedial Work Plan for the facility site designed to bring the site into compliance with applicable regulatory standards. The Work Plan's implementation is substantially complete and the Company expects, based on its present understanding of the condition of the site, that its future obligations with respect to the site will be limited to periodic monitoring and that future costs related to the site should not have a material effect on its financial condition or results of operations. Accrual for Environmental Contingencies Related to all outstanding environmental contingencies, the Company had accrued $14.5 million, $14.1 million and $11.9 million as of October 31, 2015, January 31, 2015 and November 1, 2014, respectively. All such provisions reflect the Company's estimates of the most likely cost (undiscounted, including both current and noncurrent portions) of resolving the contingencies, based on facts and circumstances as of the time they were made. There is no assurance that relevant facts and circumstances will not change, necessitating future changes to the provisions. Such contingent liabilities are included in the liability arising from provision for discontinued operations on the accompanying Condensed Consolidated Balance Sheets because they relate to former facilities operated by the Company. The Company has made pretax accruals for certain of these contingencies, including approximately $0.6 million and $0.1 million for the third quarters of Fiscal 2016 and 2015, respectively, and approximately $0.8 million and $0.5 million reflected in the first nine months of Fiscal 2016 and 2015, respectively. These charges are included in provision for discontinued operations, net in the Condensed Consolidated Statements of Operations and represent changes in estimates. Note 9 Legal Proceedings, Continued Other Matters On December 10, 2010, the Company announced that it had suffered a criminal intrusion into the portion of its computer network that processes payments for transactions in certain of its retail stores. Visa, Inc., MasterCard Worldwide and American Express Travel Related Services Company, Inc. asserted claims totaling approximately $15.6 million in connection with the intrusion and the claims of two of the claimants have been collected by withholding payment card receivables of the Company. In the fourth quarter of Fiscal 2013, the Company recorded a $15.4 million charge to earnings in connection with the disputed liability. On March 7, 2013, the Company filed an action in the U.S. District Court for the Middle District of Tennessee against Visa U.S.A. Inc., Visa Inc. and Visa International Service Association seeking to recover $13.3 million in non-compliance fines and issuer reimbursement assessments collected from the Company in connection with the intrusion. The Company does not currently expect any future claims in connection with the intrusion to have a material effect on its financial condition, cash flows, or results of operations. On May 17, 2013, a former employee filed a putative class and representative action, Garcia v. Genesco, Inc., in the Superior Court of California for the County of Ventura, alleging various claims under the California Labor Code, including failure to provide meal and rest periods, failure to timely pay wages, failure to provide accurate itemized wage statements, and unfair competition and violation of the Private Attorneys’ General Act of 2004, and seeking unspecified damages and penalties. On August 30, 2013, the Company removed the action to the United States District Court for the Central District of California. The Company reached an agreement to settle the matter. The court granted final approval of the settlement on May 8, 2015 and dismissed the case. On April 30, 2015, an employee of a subsidiary of the Company filed an action, Stewart v. Hat World, Inc., et al., under the California Labor Code Private Attorneys General Act on behalf of herself, the State of California, and other non-exempt, hourly-paid employees of the subsidiary in California, seeking unspecified damages and penalties for various alleged violations of the California Labor Code, including failure to pay for all hours worked, minimum wage and overtime violations, failure to provide required meal and rest periods, failure to timely pay wages, failure to provide complete and accurate wage statements, and failure to provide full reimbursement of business-related costs and expenses incurred in the course of employment. The Company disputes the material allegations in the complaint and intends to defend the matter. In addition to the matters specifically described in this Note, the Company is a party to other legal and regulatory proceedings and claims arising in the ordinary course of its business. While management does not believe that the Company's liability with respect to any of these other matters is likely to have a material effect on its financial statements, legal proceedings are subject to inherent uncertainties and unfavorable rulings could have a material adverse impact on the Company's financial statements.

Business Segment Information

9 Months Ended

Oct. 31, 2015

Segment Reporting [Abstract]

Business Segment Information

During the nine months ended October 31, 2015 and November 1, 2014, the Company operated five reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz, Shi by Journeys and Underground by Journeys retail footwear chains, e-commerce operations and catalog; (ii) Schuh Group, comprised of the Schuh retail footwear chain and e-commerce operations; (iii) Lids Sports Group, comprised primarily of the Lids retail headwear stores, the Lids Locker Room and Lids Clubhouse fan shops (operated under various trade names), licensed team merchandise departments in Macy's department stores operated under the name of Locker Room by Lids under a license agreement with Macy's, the Lids Team Sports business and certain e-commerce operations; (iv) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations, catalog and wholesale distribution of products under the Johnston & Murphy and Trask brands; and (v) Licensed Brands, comprised of Dockers Footwear, sourced and marketed under a license from Levi Strauss & Company; SureGrip Footwear, occupational footwear primarily sold directly to consumers; and other brands.

The accounting policies of the segments are the same as those described in the summary of significant accounting policies (see Note 1).

The Company's reportable segments are based on management's organization of the segments in order to make operating decisions and assess performance along types of products sold. Journeys Group, Schuh Group and Lids Sports Group sell primarily branded products from other companies while Johnston & Murphy Group and Licensed Brands sell primarily the Company's owned and licensed brands.

Corporate assets include cash, domestic prepaid rent expense, prepaid income taxes, deferred income taxes, deferred note expense and corporate fixed assets. The Company charges allocated retail costs of distribution to each segment. The Company does not allocate certain costs to each segment in order to make decisions and assess performance. These costs include corporate overhead, interest expense, interest income, asset impairment charges and other, including major litigation and major lease terminations.

Note 10

Business Segment Information, Continued



Three Months Ended
October 31, 2015	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	321,996	$	101,644	$	247,178		$	70,416	$	32,800		$	276		$	774,310
Intercompany Sales	—		—		(211		)	—		(201		)	—			(412		)
Net sales to external customers	$	321,996	$	101,644	$	246,967		$	70,416	$	32,599		$	276		$	773,898
Segment operating income (loss)	$	38,944	$	8,649	$	4,704		$	4,637	$	3,345		$	(8,078	)	$	52,201
Asset Impairments and other*	—		—		—			—		—			(151		)	(151		)
Earnings (loss) from operations	38,944		8,649		4,704			4,637		3,345			(8,229		)	52,050
Interest expense	—		—		—			—		—			(1,314		)	(1,314		)
Interest income	—		—		—			—		—			(16		)	(16		)
Earnings (loss) from continuing operations before income taxes	$	38,944	$	8,649	$	4,704		$	4,637	$	3,345		$	(9,559	)	$	50,720
Total assets**	$	407,708	$	283,121	$	723,374		$	122,572	$	47,719		$	159,210		$	1,743,704
Depreciation and amortization	5,627		3,603		7,196			1,478		240			1,150			19,294
Capital expenditures	12,164		5,505		10,868			2,247		377			364			31,525

*Asset Impairments and other includes a $0.1 million charge for asset impairments, which relates to the Lids Sports Group, and a $0.1 million charge for network intrusion expenses.

**Total assets for the Lids Sports Group, Schuh Group and Licensed Brands include $199.8 million, $98.4 million and $0.8 million of goodwill, respectively. The Schuh Group goodwill decreased by $2.4 million from January 31, 2015 due to foreign currency translation adjustments. Of the Company's $322.1 million of property and equipment, $65.9 million and $13.7 million relate to property and equipment in the United Kingdom and Canada, respectively.

Note 10

Business Segment Information, Continued



Three Months Ended
November 1, 2014	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	303,781	101,959		$	220,223		$	65,965	$	31,183		$	191		$	723,302
Intercompany Sales	—		—		(185		)	—		(202		)	—			(387		)
Net sales to external customers	$	303,781	$	101,959	$	220,038		$	65,965	$	30,981		$	191		$	722,915
Segment operating income (loss)	$	35,047	$	3,949	$	8,606		$	4,505	$	3,082		$	(7,593	)	$	47,596
Asset Impairments and other*	—		—		—			—		—			(1,036		)	(1,036		)
Earnings (loss) from operations	35,047		3,949		8,606			4,505		3,082			(8,629		)	46,560
Indemnification asset write-off	—		—		—			—		—			(7,050		)	(7,050		)
Interest expense	—		—		—			—		—			(914		)	(914		)
Interest income	—		—		—			—		—			23			23
Earnings (loss) from continuing operations before income taxes	$	35,047	$	3,949	$	8,606		$	4,505	$	3,082		$	(16,570	)	$	38,619
Total assets**	$	345,011	283,052		$	746,747		$	113,178	$	46,127		$	135,130		$	1,669,245
Depreciation and amortization	5,311		3,551		7,704			1,284		215			941			19,006
Capital expenditures	7,076		6,475		15,458			2,173		146			1,252			32,580

*Asset Impairments and other includes a $0.4 million charge for assets impairments, which relates to the Lids Sports Group, and a $0.6 million charge for network intrusion expenses.

**Total assets for the Lids Sports Group, Schuh Group and Licensed Brands include $201.9 million, $101.9 million and $0.8 million of goodwill, respectively. The Schuh Group goodwill decreased by $3.0 million from February 1, 2014 due to foreign currency translation adjustments. Goodwill for the Lids Sports Group includes $19.5 million added since February 1, 2014 from several small acquisitions. Of the Company's $314.7 million of property and equipment, $68.7 million and $16.3 million relate to property and equipment in the United Kingdom and Canada, respectively.

Note 10

Business Segment Information, Continued



Nine Months Ended
October 31, 2015	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	847,805	$	283,410	$	676,193		$	197,600	$	85,696		$	573		$	2,091,277
Intercompany Sales	—		—		(679		)	—		(578		)	—			(1,257		)
Net sales to external customers	$	847,805	$	283,410	$	675,514		$	197,600	$	85,118		$	573		$	2,090,020
Segment operating income (loss)	$	72,594	$	10,880	$	6,900		$	9,460	$	7,526		$	(22,590	)	$	84,770
Asset Impairments and other*	—		—		—			—		—			(3,970		)	(3,970		)
Earnings (loss) from operations	72,594		10,880		6,900			9,460		7,526			(26,560		)	80,800
Interest expense	—		—		—			—		—			(2,919		)	(2,919		)
Interest income	—		—		—			—		—			16			16
Earnings (loss) from continuing operations before income taxes	$	72,594	$	10,880	$	6,900		$	9,460	$	7,526		$	(29,463	)	$	77,897
Total assets**	$	407,708	$	283,121	$	723,374		$	122,572	$	47,719		$	159,210		$	1,743,704
Depreciation and amortization	16,415		10,891		22,427			4,234		667			3,535			58,169
Capital expenditures	25,939		11,541		31,356			6,735		706			1,519			77,796

*Asset Impairments and other includes a $2.1 million charge for network intrusion expense, a $1.8 million charge for asset impairments, of which $1.3 million is in the Lids Sports Group and $0.4 million is in the Schuh Group, and a $0.1 million charge for other legal matters.

Note 10

Business Segment Information, Continued



Nine Months Ended
November 1, 2014	Journeys Group		Schuh Group			Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group			Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	802,742	283,005			$	609,087		$	184,357	$	88,338		$	754		$	1,968,283
Intercompany Sales	—		—			(466		)	—		(603		)	—			(1,069		)
Net sales to external customers	$	802,742	$	283,005		$	608,621		$	184,357	$	87,735		$	754		$	1,967,214
Segment operating income (loss)	$	61,544	$	(1,389	)	$	25,217		$	8,577	$	8,476		$	(20,716	)	$	81,709
Asset Impairments and other*	—		—			—			—		—			(1,347		)	(1,347		)
Earnings (loss) from operations	61,544		(1,389		)	25,217			8,577		8,476			(22,063		)	80,362
Indemnification asset write-off	—		—			—			—		—			(7,050		)	(7,050		)
Interest expense	—		—			—			—		—			(2,447		)	(2,447		)
Interest income	—		—			—			—		—			73			73
Earnings (loss) from continuing operations before income taxes	$	61,544	$	(1,389	)	$	25,217		$	8,577	$	8,476		$	(31,487	)	$	70,938
Total assets**	$	345,011	283,052			$	746,747		$	113,178	$	46,127		$	135,130		$	1,669,245
Depreciation and amortization	15,160		10,756			21,834			3,572		518			2,915			54,755
Capital expenditures	21,682		18,688			33,897			7,045		636			3,369			85,317

*Asset Impairments and other includes a $2.4 million charge for network intrusion expenses, a $1.6 million charge for asset impairments, which relates to Lids Sports Group, and a $0.7 million charge for other legal matters, partially offset by a gain of $(3.4) million for a lease termination of a Lids store.

- 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
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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+ Details

Subsequent Events	9 Months Ended
Subsequent Events	Oct. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events In December 2015, the Company's Canadian subsidiary acquired the 37-store Little Burgundy retail footwear chain in Canada from The ALDO Group Inc. Little Burgundy serves a fashion-oriented 18-34 year old customer looking for on-trend branded footwear and accessories. The Company intends to run Little Burgundy as a separate retail chain complementary to its existing Journeys stores in Canada. The Little Burgundy business will be part of the Journeys Group segment. In connection with the acquisition of Little Burgundy, on December 4, 2015, the Company entered into the First Amendment to the Third Amended and Restated Credit Agreement. The amendment increases the revolving credit subfacility for the benefit of GCO Canada Inc. from $25.0 million to $70.0 million. In connection with this increased facility, the Canadian revolving credit facility may be increased to no more than $85.0 million.

Summary of Significant Accounting Policies (Policies)

9 Months Ended

Oct. 31, 2015

Accounting Policies [Abstract]

Nature of Operations

Principles of Consolidation

All subsidiaries are consolidated in the Condensed Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated.

Use of Estimates

Significant areas requiring management estimates or judgments include the following key financial areas:

Inventory Valuation

The Company values its inventories at the lower of cost or market.

Note 1

Summary of Significant Accounting Policies, Continued

markdowns as necessary. These additional markdown accruals reflect all of the above factors as well as current agreements to return products to vendors and vendor agreements to provide

markdown support. In addition to markdown provisions, the Company maintains provisions for shrinkage and damaged goods based on historical rates.

Impairment of Long-Lived Assets

Other significant estimates and assumptions include terminal value growth rates, future estimates of capital expenditures and changes in future working capital requirements.

Note 1

Summary of Significant Accounting Policies, Continued

Environmental and Other Contingencies

Revenue Recognition

Note 1

Summary of Significant Accounting Policies, Continued

Income Taxes

Note 1

Summary of Significant Accounting Policies, Continued

Postretirement Benefits Plan Accounting

Cash and Cash Equivalents

The Company's strategic plan does not require the repatriation of foreign cash in order to fund its operations in the U.S., and it is the Company's current intention to permanently reinvest its foreign cash and cash equivalents outside of the U.S. If the Company were to repatriate foreign cash to the U.S., it would be required to accrue and pay U.S. taxes in accordance with applicable U.S. tax rules and regulations as a result of the repatriation. There were no cash equivalents included in cash and cash equivalents at October 31, 2015, January 31, 2015 and November 1, 2014. Cash equivalents are highly-liquid financial instruments having an original maturity of three months or less.

At October 31, 2015, substantially all of the Company’s domestic cash was invested in deposit accounts at FDIC-insured banks. The majority of payments due from banks for domestic customer

Note 1

Summary of Significant Accounting Policies, Continued

credit card transactions process within 24 - 48 hours and are accordingly classified as cash and cash equivalents in the Condensed Consolidated Balance Sheets.

Concentration of Credit Risk and Allowances on Accounts Receivable

Property and Equipment



Buildings and building equipment	20-45 years
Computer hardware, software and equipment	3-10 years
Furniture and fixtures	10 years

Leases

Note 1

Summary of Significant Accounting Policies, Continued

Certain leases include rent increases during the initial lease term. For these leases, the Company recognizes the related rental expense on a straight-line basis over the term of the lease (which

of rent expense over the initial lease term.

Acquisition

Goodwill and Other Intangibles

Note 1

Summary of Significant Accounting Policies, Continued

Fair Value of Financial Instruments

Cost of Sales

For the Company’s wholesale operations, the cost of sales includes the actual product cost and the cost of transportation to the Company’s warehouses from suppliers.

Selling and Administrative Expenses

costs of its distribution facilities which are allocated to its retail operations.

EVA Incentive Plan

Note 1

Summary of Significant Accounting Policies, Continued

Gift Cards

Gift card breakage is recognized in revenues each period for which financial statements are updated.

Buying, Merchandising and Occupancy Costs

Shipping and Handling Costs

Preopening Costs

Costs associated with the opening of new stores are expensed as incurred, and are included in selling and administrative expenses on the accompanying Condensed Consolidated Statements of Operations.

Store Closings and Exit Costs

Consolidated Statements of Operations. In each of the years presented, no store closings have met the discontinued operations criteria.

Advertising Costs

Consideration to Resellers

Cooperative Advertising

Vendor Allowances

period in which the markdowns are taken. Markdown allowances not attached to specific inventory on hand or already sold are applied to concurrent or future purchases from each respective vendor.

reimbursements are recorded as a reduction of selling and administrative expenses in the same period in which the associated expense is incurred. If the amount of cash consideration received

Note 1

Summary of Significant Accounting Policies, Continued

exceeds the costs being reimbursed, such excess amount would be recorded as a reduction of cost of sales.

Earnings Per Common Share

Foreign Currency Translation

from such translation are included as a separate component of accumulated other comprehensive loss within shareholders' equity.

Share-Based Compensation

Other Comprehensive Income

Business Segments

New Accounting Principles

Note 1

Summary of Significant Accounting Policies, Continued

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Oct. 31, 2015

Accounting Policies [Abstract]

Property and equipment amortized over the estimated useful life of related assets

Depreciation and amortization expense are computed principally by the straight-line method over the following estimated useful lives:



Buildings and building equipment	20-45 years
Computer hardware, software and equipment	3-10 years
Furniture and fixtures	10 years

Carrying amounts and fair values of the Company's financial instruments

The carrying amounts and fair values of the Company’s financial instruments at October 31, 2015 and January 31, 2015 are:



Fair Values
In thousands	October 31, 2015				January 31, 2015
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
U.S. Revolver Borrowings	$	148,845	$	148,750	$	—	$	—
UK Term Loans	39,268		39,197		29,155		29,126
UK Revolver Borrowings	27,015		26,845		—		—

Components of accumulated other comprehensive income

The following table summarizes the components of accumulated other comprehensive income for the nine months ended October 31, 2015:



	Foreign Currency Translation			Unrecognized Pension/Postretirement Benefit Costs			Total Accumulated Other Comprehensive Income (Loss)
(In thousands)
Balance January 31, 2015	$	(16,247	)	$	(24,329	)	$	(40,576	)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	2,360			—			2,360
Loss on intra-entity foreign currency transactions
(long-term investment nature)	(743		)	—			(743		)
Net actuarial loss	—			(762		)	(762		)
Amounts reclassified from AOCI:
Amortization of net actuarial loss (1)	—			3,894			3,894
Income tax expense	—			1,228			1,228
Current period other comprehensive income, net of tax	1,617			1,904			3,521
Balance October 31, 2015	$	(14,630	)	$	(22,425	)	$	(37,055	)

(1) Amount is included in net periodic benefit cost, which is recorded in selling and administrative expense on the Condensed Consolidated Statements of Operations.

Intangible Assets (Tables)

9 Months Ended

Oct. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Other intangible assets by major classes

Other intangibles by major classes were as follows:



	Leases						Customer Lists						Other*						Total
(In Thousands)	Oct. 31, 2015			Jan. 31, 2015			Oct. 31, 2015			Jan. 31, 2015			Oct. 31, 2015			Jan. 31, 2015			Oct. 31, 2015			Jan. 31, 2015
Gross other intangibles	$	13,663		$	13,616		$	18,284		$	18,244		$	3,115		$	3,114		$	35,062		$	34,974
Accumulated amortization	(12,739		)	(12,301		)	(10,772		)	(9,424		)	(1,902		)	(1,664		)	(25,413		)	(23,389		)
Net Other Intangibles	$	924		$	1,315		$	7,512		$	8,820		$	1,213		$	1,450		$	9,649		$	11,585

*Includes non-compete agreements, vendor contract and backlog.

Asset Impairments and Other Charges and Discontinued Operations (Tables)

9 Months Ended

Oct. 31, 2015

Asset Impairments and Other Charges and Discontinued Operations [Abstract]

Accrued provision for discontinued operations



Accrued Provision for Discontinued Operations
In thousands	Facility Shutdown Costs
Balance February 1, 2014	$	11,375
Additional provision Fiscal 2015	2,711
Charges and adjustments, net	673
Balance January 31, 2015	14,759
Additional provision Fiscal 2016	801
Charges and adjustments, net	(384		)
Balance October 31, 2015*	15,176
Current provision for discontinued operations	10,904
Total Noncurrent Provision for Discontinued Operations	$	4,272

*Includes a $14.5 million environmental provision, including $10.9 million in current provision for discontinued operations.

Inventories (Tables)

9 Months Ended

Oct. 31, 2015

Inventory Disclosure [Abstract]

Inventories



In thousands	October 31, 2015		January 31, 2015
Raw materials	$	34,239	$	32,941
Wholesale finished goods	60,990		65,785
Retail merchandise	684,666		499,419
Total Inventories	$	779,895	$	598,145

Fair Value (Tables)

9 Months Ended

Oct. 31, 2015

Fair Value Disclosures [Abstract]

Company's assets and liabilities measured at fair value on a nonrecurring basis



	Long-Lived Assets Held and Used		Level 1		Level 2		Level 3		Total Losses
Measured as of May 2, 2015	$	67	$	—	$	—	$	67	$	766
Measured as of August 1, 2015	632		—		—		632		931
Measured as of October 31, 2015	200		—		—		200		$	90
Sub-total asset impairment YTD									$	1,787

Long-Term Debt (Tables)

9 Months Ended

Oct. 31, 2015

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments



In thousands	October 31, 2015		January 31, 2015
U.S. revolver borrowings	$	148,845	$	—
UK term loans	39,268		29,155
UK revolver borrowings	27,015		—
Total long-term debt	215,128		29,155
Current portion	15,437		13,152
Total Noncurrent Portion of Long-Term Debt	$	199,691	$	16,003

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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+ Details

Defined Benefit Pension Plans and Other Benefit Plans (Tables)

9 Months Ended

Oct. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Components of net periodic benefit cost



Components of Net Periodic Benefit Cost


	Pension Benefits						Other Benefits
	Three Months Ended						Three Months Ended
In thousands	October 31, 2015			November 1, 2014			October 31, 2015		November 1, 2014
Service cost	$	113		$	112		$	209	$	130
Interest cost	1,062			1,163			61		55
Expected return on plan assets	(1,446		)	(1,517		)	—		—
Amortization:
Losses	1,197			860			48		25
Net amortization	1,197			860			48		25
Net Periodic Benefit Cost	$	926		$	618		$	318	$	210



Components of Net Periodic Benefit Cost


	Pension Benefits						Other Benefits
	Nine Months Ended						Nine Months Ended
In thousands	October 31, 2015			November 1, 2014			October 31, 2015		November 1, 2014
Service cost	$	338		$	337		$	628	$	396
Interest cost	3,202			3,501			184		171
Expected return on plan assets	(4,341		)	(4,552		)	—		—
Amortization:
Losses	3,751			2,686			144		78
Net amortization	3,751			2,686			144		78
Net Periodic Benefit Cost	$	2,950		$	1,972		$	956	$	645

Earnings Per Share (Tables)

9 Months Ended

Oct. 31, 2015

Earnings Per Share [Abstract]

Summary of basic and diluted earnings per share



	For the Three Months Ended					For the Three Months Ended
	October 31, 2015					November 1, 2014
(In thousands, except per share amounts)	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings from continuing operations	$	32,855				$	28,750

Basic EPS from continuing operations
Income available to
common shareholders	32,855		22,834	$	1.44	28,750		23,602	$	1.22

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards			39					113
Employees' preferred stock⁽¹⁾			44					45

Diluted EPS from continuing operations
Income available to common
shareholders plus assumed
conversions	$	32,855	22,917	$	1.43	$	28,750	23,760	$	1.21


(1)	The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculations for the third quarters ended October 31, 2015 and November 1, 2014.

Note 8

Earnings Per Share, Continued



	For the Nine Months Ended					For the Nine Months Ended
	October 31, 2015					November 1, 2014
(In thousands, except per share amounts)	Income (Numerator)		Shares (Denominator)	Per Share Amount		Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings from continuing operations	$	50,393				$	47,616

Basic EPS from continuing operations
Income available to
common shareholders	50,393		23,308	$	2.16	47,616		23,489	$	2.03

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards			84					156
Employees' preferred stock⁽¹⁾			44					46

Diluted EPS from continuing operations
Income available to common
shareholders plus assumed
conversions	$	50,393	23,436	$	2.15	$	47,616	23,691	$	2.01


(1)	The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculations for the first nine months ended October 31, 2015 and November 1, 2014.

Business Segment Information (Tables)

9 Months Ended

Oct. 31, 2015

Segment Reporting [Abstract]

Segment reporting information by segment



Three Months Ended
October 31, 2015	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	321,996	$	101,644	$	247,178		$	70,416	$	32,800		$	276		$	774,310
Intercompany Sales	—		—		(211		)	—		(201		)	—			(412		)
Net sales to external customers	$	321,996	$	101,644	$	246,967		$	70,416	$	32,599		$	276		$	773,898
Segment operating income (loss)	$	38,944	$	8,649	$	4,704		$	4,637	$	3,345		$	(8,078	)	$	52,201
Asset Impairments and other*	—		—		—			—		—			(151		)	(151		)
Earnings (loss) from operations	38,944		8,649		4,704			4,637		3,345			(8,229		)	52,050
Interest expense	—		—		—			—		—			(1,314		)	(1,314		)
Interest income	—		—		—			—		—			(16		)	(16		)
Earnings (loss) from continuing operations before income taxes	$	38,944	$	8,649	$	4,704		$	4,637	$	3,345		$	(9,559	)	$	50,720
Total assets**	$	407,708	$	283,121	$	723,374		$	122,572	$	47,719		$	159,210		$	1,743,704
Depreciation and amortization	5,627		3,603		7,196			1,478		240			1,150			19,294
Capital expenditures	12,164		5,505		10,868			2,247		377			364			31,525

*Asset Impairments and other includes a $0.1 million charge for asset impairments, which relates to the Lids Sports Group, and a $0.1 million charge for network intrusion expenses.

Note 10

Business Segment Information, Continued



Three Months Ended
November 1, 2014	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	303,781	101,959		$	220,223		$	65,965	$	31,183		$	191		$	723,302
Intercompany Sales	—		—		(185		)	—		(202		)	—			(387		)
Net sales to external customers	$	303,781	$	101,959	$	220,038		$	65,965	$	30,981		$	191		$	722,915
Segment operating income (loss)	$	35,047	$	3,949	$	8,606		$	4,505	$	3,082		$	(7,593	)	$	47,596
Asset Impairments and other*	—		—		—			—		—			(1,036		)	(1,036		)
Earnings (loss) from operations	35,047		3,949		8,606			4,505		3,082			(8,629		)	46,560
Indemnification asset write-off	—		—		—			—		—			(7,050		)	(7,050		)
Interest expense	—		—		—			—		—			(914		)	(914		)
Interest income	—		—		—			—		—			23			23
Earnings (loss) from continuing operations before income taxes	$	35,047	$	3,949	$	8,606		$	4,505	$	3,082		$	(16,570	)	$	38,619
Total assets**	$	345,011	283,052		$	746,747		$	113,178	$	46,127		$	135,130		$	1,669,245
Depreciation and amortization	5,311		3,551		7,704			1,284		215			941			19,006
Capital expenditures	7,076		6,475		15,458			2,173		146			1,252			32,580

*Asset Impairments and other includes a $0.4 million charge for assets impairments, which relates to the Lids Sports Group, and a $0.6 million charge for network intrusion expenses.

Note 10

Business Segment Information, Continued



Nine Months Ended
October 31, 2015	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group		Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	847,805	$	283,410	$	676,193		$	197,600	$	85,696		$	573		$	2,091,277
Intercompany Sales	—		—		(679		)	—		(578		)	—			(1,257		)
Net sales to external customers	$	847,805	$	283,410	$	675,514		$	197,600	$	85,118		$	573		$	2,090,020
Segment operating income (loss)	$	72,594	$	10,880	$	6,900		$	9,460	$	7,526		$	(22,590	)	$	84,770
Asset Impairments and other*	—		—		—			—		—			(3,970		)	(3,970		)
Earnings (loss) from operations	72,594		10,880		6,900			9,460		7,526			(26,560		)	80,800
Interest expense	—		—		—			—		—			(2,919		)	(2,919		)
Interest income	—		—		—			—		—			16			16
Earnings (loss) from continuing operations before income taxes	$	72,594	$	10,880	$	6,900		$	9,460	$	7,526		$	(29,463	)	$	77,897
Total assets**	$	407,708	$	283,121	$	723,374		$	122,572	$	47,719		$	159,210		$	1,743,704
Depreciation and amortization	16,415		10,891		22,427			4,234		667			3,535			58,169
Capital expenditures	25,939		11,541		31,356			6,735		706			1,519			77,796

Note 10

Business Segment Information, Continued



Nine Months Ended
November 1, 2014	Journeys Group		Schuh Group			Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
In thousands	Journeys Group		Schuh Group			Lids Sports Group			Johnston & Murphy Group		Licensed Brands			Corporate & Other			Consolidated
Sales	$	802,742	283,005			$	609,087		$	184,357	$	88,338		$	754		$	1,968,283
Intercompany Sales	—		—			(466		)	—		(603		)	—			(1,069		)
Net sales to external customers	$	802,742	$	283,005		$	608,621		$	184,357	$	87,735		$	754		$	1,967,214
Segment operating income (loss)	$	61,544	$	(1,389	)	$	25,217		$	8,577	$	8,476		$	(20,716	)	$	81,709
Asset Impairments and other*	—		—			—			—		—			(1,347		)	(1,347		)
Earnings (loss) from operations	61,544		(1,389		)	25,217			8,577		8,476			(22,063		)	80,362
Indemnification asset write-off	—		—			—			—		—			(7,050		)	(7,050		)
Interest expense	—		—			—			—		—			(2,447		)	(2,447		)
Interest income	—		—			—			—		—			73			73
Earnings (loss) from continuing operations before income taxes	$	61,544	$	(1,389	)	$	25,217		$	8,577	$	8,476		$	(31,487	)	$	70,938
Total assets**	$	345,011	283,052			$	746,747		$	113,178	$	46,127		$	135,130		$	1,669,245
Depreciation and amortization	15,160		10,756			21,834			3,572		518			2,915			54,755
Capital expenditures	21,682		18,688			33,897			7,045		636			3,369			85,317

Summary of Significant Accounting Policies - Property, Plant and Equipment (Details)	9 Months Ended
	Oct. 31, 2015
Buildings and building equipment \| Minimum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	20 years
Buildings and building equipment \| Maximum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	45 years
Computer hardware, software and equipment \| Minimum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	3 years
Computer hardware, software and equipment \| Maximum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	10 years
Furniture and fixtures
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	10 years

Summary of Significant Accounting Policies - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 215,128	$ 29,155
U.S. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	148,800
Revolving Credit Facility \| U.S. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	148,845	0
Fair Value	148,750	0
Revolving Credit Facility \| UK Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	27,015	0
Fair Value	26,845	0
Line of Credit \| UK Term Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	39,268	29,155
Fair Value	$ 39,197	$ 29,126

Summary of Significant Accounting Policies - Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014	Jan. 31, 2015
Components of Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance January 31, 2015			$ (40,576)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment			2,360
Loss on intra-entity foreign currency transactions (long-term investment nature)			(743)
Net actuarial loss			(762)
Amounts reclassified from AOCI:
Amortization of net actuarial loss			3,894
Income tax expense			1,228
Total other comprehensive income (loss)	$ (898)	$ (6,320)	3,521	$ (2,053)	$ (23,809)
Balance October 31, 2015	(37,055)	$ (18,820)	(37,055)	$ (18,820)	(40,576)
Foreign Currency Translation
Components of Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance January 31, 2015			(16,247)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment			2,360
Loss on intra-entity foreign currency transactions (long-term investment nature)			(743)
Net actuarial loss			0
Amounts reclassified from AOCI:
Amortization of net actuarial loss			0
Income tax expense			0
Total other comprehensive income (loss)			1,617
Balance October 31, 2015	(14,630)		(14,630)		(16,247)
Unrecognized Pension/Postretirement Benefit Costs
Components of Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance January 31, 2015			(24,329)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment			0
Loss on intra-entity foreign currency transactions (long-term investment nature)			0
Net actuarial loss			(762)
Amounts reclassified from AOCI:
Amortization of net actuarial loss			3,894
Income tax expense			1,228
Total other comprehensive income (loss)			1,904
Balance October 31, 2015	$ (22,425)		$ (22,425)		$ (24,329)

Summary of Significant Accounting Policies - Textual (Details)	3 Months Ended			9 Months Ended
	Oct. 31, 2015 USD ($)	Nov. 01, 2014 USD ($)	May 03, 2014 USD ($)	Oct. 31, 2015 USD ($) customer segment Store	Nov. 01, 2014 USD ($) segment	Aug. 01, 2015 USD ($)	Jan. 31, 2015 USD ($)	Aug. 02, 2014 USD ($)	Feb. 01, 2014 USD ($)
Summary of Accounting Policies [Line Items]
Total number of retail stores operated by company \| Store				2,817
Number of reportable business segments \| segment				5	5
Pretax accruals for environmental contingencies included in provision for discontinued operations	$ 600,000	$ 100,000		$ 800,000	$ 500,000
Deferred tax valuation allowance	$ 3,100,000			$ 3,100,000
Effective tax rate, deferred purchase price	35.20%	25.60%		35.30%	32.90%
Reversal of previous tax positions				$ 7,000,000
Tax indemnification asset write-off	$ 0	$ 7,050,000		$ 0	$ 7,050,000
Minimum number of hours of service of full time employees				1000 hours
Calculated value of pension assets, measurement period				5 years
Calculated value of pension assets, average future service of employees				6 years
Cash and cash equivalents	28,148,000	38,026,000		$ 28,148,000	38,026,000	$ 48,997,000	$ 112,867,000	$ 59,303,000	$ 59,447,000
Cash equivalents	0	0		$ 0	0		0
Payment processing duration, minimum				24 hours
Payment processing duration, maximum				48 hours
Excess of outstanding checks drawn on zero balance accounts at domestic banks exceeded book cash balance	48,100,000	50,100,000		$ 48,100,000	50,100,000		45,600,000
Depreciation	18,500,000	18,000,000		56,000,000	52,300,000
Tenant allowances	26,200,000	25,400,000		26,200,000	25,400,000		23,500,000
Deferred rent	47,700,000	44,200,000		47,700,000	44,200,000		45,000,000
Goodwill	298,990,000	304,552,000		298,990,000	304,552,000		296,865,000
Wholesale and unallocated retail costs of distribution	2,600,000	2,600,000		7,200,000	7,200,000
Expense in connection with amendment plan			$ 5,700,000
Revenue recognition, gift cards, breakage	100,000	100,000		400,000	400,000
Accrued liability for gift cards	13,800,000	12,700,000		13,800,000	12,700,000		15,800,000
Advertising costs	17,600,000	15,300,000		49,700,000	44,900,000
Prepaid advertising	3,800,000	4,200,000		3,800,000	4,200,000		2,300,000
Cooperative advertising costs	1,100,000	1,000,000		2,800,000	2,700,000
Vendor reimbursements of cooperative advertising costs	2,000,000	1,500,000		3,600,000	2,800,000
Loss (gain) from foreign currency transactions	600,000	1,000,000		2,100,000	800,000
Accumulated other comprehensive income pension liability adjustments	20,500,000			20,500,000
Accumulated other comprehensive income, foreign currency translation adjustment	14,600,000			14,600,000
Selling, General and Administrative Expenses
Summary of Accounting Policies [Line Items]
Retail occupancy costs	109,000,000	103,200,000		$ 322,500,000	306,900,000
EVA Incentive Plan
Summary of Accounting Policies [Line Items]
Bonus awards in excess of specified cap measurement period				1 year
Bonus awards in excess of specified cap payment period				3 years
Foreign Subsidiaries
Summary of Accounting Policies [Line Items]
Cash and cash equivalents	3,100,000	13,700,000		$ 3,100,000	13,700,000		25,200,000
Lids Sports Group
Summary of Accounting Policies [Line Items]
Goodwill	199,800,000	201,900,000		199,800,000	201,900,000		200,100,000
Schuh Group
Summary of Accounting Policies [Line Items]
Goodwill	98,400,000	101,900,000		98,400,000	101,900,000		96,000,000
Licensed Brands
Summary of Accounting Policies [Line Items]
Goodwill	800,000	$ 800,000		800,000	$ 800,000		$ 800,000
Lids Teams Sports
Summary of Accounting Policies [Line Items]
Goodwill	18,000,000			18,000,000
Goodwill impairment analysis, fair value in excess of carrying value	10,900,000			10,900,000
Amount of reduction in fair value pending increases of 100 basis points in weighted average cost of capital	6,400,000			6,400,000
Amount of reduction in fair value pending decrease of 100 basis points in projected annual revenues	400,000			$ 400,000
Customer Concentration Risk \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk, number of significant customers \| customer				0
Concentration risk benchmark percentage				5.00%
Major Customer One \| Customer Concentration Risk \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk, number of significant customers \| customer				1
Concentration risk percentage				7.00%
Major Customer Two \| Customer Concentration Risk \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk, number of significant customers \| customer				1
Concentration risk percentage				6.00%
Unrecognized Pension/Postretirement Benefit Costs
Summary of Accounting Policies [Line Items]
Accumulated other comprehensive income post retirement liability adjustment	$ 1,900,000			$ 1,900,000

Intangible Assets - Net Other Intangibles (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015	Nov. 01, 2014
Other intangibles by major classes
Gross other intangibles	$ 35,062	$ 34,974
Accumulated amortization	(25,413)	(23,389)	$ (22,802)
Net Other Intangibles	9,649	11,585	$ 12,590
Leases
Other intangibles by major classes
Gross other intangibles	13,663	13,616
Accumulated amortization	(12,739)	(12,301)
Net Other Intangibles	924	1,315
Customer Lists
Other intangibles by major classes
Gross other intangibles	18,284	18,244
Accumulated amortization	(10,772)	(9,424)
Net Other Intangibles	7,512	8,820
Other
Other intangibles by major classes
Gross other intangibles	3,115	3,114
Accumulated amortization	(1,902)	(1,664)
Net Other Intangibles	$ 1,213	$ 1,450

Intangible Assets - Textual (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangibles assets	$ 0.7	$ 0.9	$ 2.2	$ 2.4
Future amortization expense, 2016	2.9		2.9
Future amortization expense, 2017	2.4		2.4
Future amortization expense, 2018	1.7		1.7
Future amortization expense, 2019	1.5		1.5
Future amortization expense, 2020	$ 0.8		$ 0.8

Asset Impairments and Other Charges and Discontinued Operations - Textual (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net	$ 151	$ 1,036	$ 3,970	$ 1,347
Gain on lease termination				(3,400)
Computer Network Intrusion
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net	100	600	2,100	2,400
Retail Store Asset Impairments
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net	$ 100	$ 400	1,800	1,600
Other Legal Matters
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net			$ 100	$ 700

Asset Impairments and Other Charges and Discontinued Operations - Noncurrent Provision for Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014	Jan. 31, 2015
Accrued Provision for Discontinued Operations
Additional provision	$ (570)	$ (144)	$ (801)	$ (472)
Current provision for discontinued operations	10,904	7,759	10,904	7,759	$ 10,505
Total Noncurrent Provision for Discontinued Operations	4,272	$ 4,790	4,272	4,790	4,254
Facility Shutdown Costs
Accrued Provision for Discontinued Operations
Balance at beginning of period			14,759	$ 11,375	11,375
Additional provision			801		2,711
Charges and adjustments, net			(384)		673
Balance at end of period	15,176		15,176		$ 14,759
Current provision for discontinued operations	10,904		10,904
Total Noncurrent Provision for Discontinued Operations	$ 4,272		4,272
Environmental provision			14,500
Current environmental provision for discontinued operations			$ 10,900

Inventories (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015	Nov. 01, 2014
Inventories
Raw materials	$ 34,239	$ 32,941
Wholesale finished goods	60,990	65,785
Retail merchandise	684,666	499,419
Total Inventories	$ 779,895	$ 598,145	$ 737,577

Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Fair Value (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014	Aug. 01, 2015	May 02, 2015
Company's assets and liabilities measured at fair value on a nonrecurring basis
Sub-total asset impairment YTD	$ 90	$ 397	$ 1,787	$ 1,639
Fair Value Measurements Nonrecurring
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	200		200		$ 632	$ 67
Total Losses	90		90		931	766
Fair Value Measurements Nonrecurring \| Level 1
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	0		0		0	0
Fair Value Measurements Nonrecurring \| Level 2
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	0		0		0	0
Fair Value Measurements Nonrecurring \| Level 3
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	$ 200		$ 200		$ 632	$ 67

Long-Term Debt (Details) - USD ($) $ in Thousands	Oct. 31, 2015	Jan. 31, 2015	Nov. 01, 2014
Debt Instrument [Line Items]
Total long-term debt	$ 215,128	$ 29,155
Current portion	15,437	13,152	$ 35,347
Total Noncurrent Portion of Long-Term Debt	199,691	16,003	$ 79,688
U.S. Revolver Borrowings
Debt Instrument [Line Items]
Total long-term debt	148,800
Revolving Credit Facility \| U.S. Revolver Borrowings
Debt Instrument [Line Items]
Total long-term debt	148,845	0
Revolving Credit Facility \| UK Revolver Borrowings
Debt Instrument [Line Items]
Total long-term debt	27,015	0
Line of Credit \| UK Term Loans
Debt Instrument [Line Items]
Total long-term debt	$ 39,268	$ 29,155

Long-Term Debt (Details Textual) $ in Thousands, $ in Millions	9 Months Ended
	Oct. 31, 2015 USD ($)	Oct. 31, 2015 GBP (£)	Oct. 31, 2015 CAD ($)	Jan. 31, 2015 USD ($)
Long-term Debt, Fiscal Year Maturity [Abstract]
Repayments of principal in next twelve months	$ 7,800
Repayments of principal in year two	15,400
Repayments of principal in year three	3,500
Repayments of principal in year four	150,800
Repayments of principal in year five	37,600
Long-term debt	215,128			$ 29,155
U.S. Revolver Borrowings
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	148,800
Revolving Credit Facility \| U.S. Revolver Borrowings
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	148,845			0
Revolving Credit Facility \| U.S. Revolver Borrowings \| Genesco UK Limited
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	15,400	£ 10,000,000
Revolving Credit Facility \| U.S. Revolver Borrowings \| GCO Canada Inc.
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	8,400		$ 11.0
Revolving Credit Facility \| UK Revolver Borrowings
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	27,015			0
Line of Credit \| UK Term Loans
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	39,268			$ 29,155
Letter of Credit
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	$ 13,500
UK Credit Facility
Long-term Debt, Fiscal Year Maturity [Abstract]
Minimum interest coverage covenant	4.50
Current maximum leverage covenant	2.25
Declining maximum leverage covenant	1.75
Minimum cash flow coverage	1.00
UK Credit Facility \| Revolving Credit Facility \| UK Revolver Borrowings
Long-term Debt, Fiscal Year Maturity [Abstract]
Long-term debt	$ 27,015
UK Credit Facility \| Line of Credit \| Term Loan A \| Schuh Group
Long-term Debt, Fiscal Year Maturity [Abstract]
Maximum borrowing capacity \| £		17,500,000.0
UK Credit Facility \| Line of Credit \| Term Loan A \| Schuh Group \| London Interbank Offered Rate (LIBOR)
Long-term Debt, Fiscal Year Maturity [Abstract]
Basis spread on variable rate	1.80%
UK Credit Facility \| Line of Credit \| Term Loan B \| Schuh Group
Long-term Debt, Fiscal Year Maturity [Abstract]
Maximum borrowing capacity \| £		11,600,000.0
UK Credit Facility \| Line of Credit \| Term Loan B \| Schuh Group \| London Interbank Offered Rate (LIBOR)
Long-term Debt, Fiscal Year Maturity [Abstract]
Basis spread on variable rate	2.50%
UK Credit Facility \| Line of Credit \| Term Loan C \| Schuh Group
Long-term Debt, Fiscal Year Maturity [Abstract]
Maximum borrowing capacity \| £		22,500,000.0
UK Credit Facility \| Line of Credit \| Term Loan C \| Schuh Group \| London Interbank Offered Rate (LIBOR)
Long-term Debt, Fiscal Year Maturity [Abstract]
Basis spread on variable rate	2.20%
UK Credit Facility \| Line of Credit \| Working Capital Facility \| Schuh Group
Long-term Debt, Fiscal Year Maturity [Abstract]
Maximum borrowing capacity \| £		£ 2,500,000.0

Defined Benefit Pension Plans and Other Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Pension Benefits
Components of Net Periodic Benefit Cost
Service cost	$ 113	$ 112	$ 338	$ 337
Interest cost	1,062	1,163	3,202	3,501
Expected return on plan assets	(1,446)	(1,517)	(4,341)	(4,552)
Amortization:
Losses	1,197	860	3,751	2,686
Net amortization	1,197	860	3,751	2,686
Net Periodic Benefit Cost	926	618	2,950	1,972
Other Benefits
Components of Net Periodic Benefit Cost
Service cost	209	130	628	396
Interest cost	61	55	184	171
Expected return on plan assets	0	0	0	0
Amortization:
Losses	48	25	144	78
Net amortization	48	25	144	78
Net Periodic Benefit Cost	$ 318	$ 210	$ 956	$ 645

Earnings Per Share - Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014
Summary of basic and diluted earnings per share
Earnings from continuing operations	$ 32,855	$ 28,750	$ 50,393	$ 47,616
Basic EPS from continuing operations
Income available to common shareholders, Income (Numerator)	$ 32,855	$ 28,750	$ 50,393	$ 47,616
Income available to common shareholders, Shares (Denominator)	22,834,000	23,602,000	23,308,000	23,489,000
Income available to common shareholders, Per Share Amount (usd per share)	$ 1.44	$ 1.22	$ 2.16	$ 2.03
Effect of Dilutive Securities from continuing operations
Dilutive share-based awards, Shares (Denominator)	39,000	113,000	84,000	156,000
Employees' preferred stock, Shares (Denominator)	44,000	45,000	44,000	46,000
Diluted EPS from continuing operations
Income available to common shareholders plus assumed conversions, Income (Numerator)	$ 32,855	$ 28,750	$ 50,393	$ 47,616
Income available to common shareholders plus assumed conversions, Shares (Denominator)	22,917,000	23,760,000	23,436,000	23,691,000
Income available to common shareholders plus assumed conversions, Per-Share Amount (usd per share)	$ 1.43	$ 1.21	$ 2.15	$ 2.01
Common convertible ratio	1	1	1	1

Earnings Per Share - Textual (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Earnings Per Share - Textual (Details) - USD ($)	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014	Jan. 31, 2015
Earnings Per Share [Abstract]
Stock repurchased during period, shares	1,708,000	13,159	2,132,384	13,159
Stock repurchased during period, value	$ 101,500,000	$ 900,000	$ 129,013,000	$ 900,000	$ 4,635,000
Stock repurchase plan, accrued liabilities	8,200,000		8,200,000
Stock repurchase program, remaining authorized repurchase amount	21,500,000		21,500,000
Stock repurchase program, authorized amount	$ 100,000,000		$ 100,000,000

Legal Proceedings (Details)		3 Months Ended			9 Months Ended
Legal Proceedings (Details)	Dec. 14, 2007 USD ($)	Oct. 31, 2015 USD ($)	Nov. 01, 2014 USD ($)	Feb. 02, 2013 USD ($)	Oct. 31, 2015 USD ($)	Nov. 01, 2014 USD ($)	Apr. 30, 2015 USD ($)	Jan. 31, 2015 USD ($)	Feb. 01, 2014 USD ($)	Mar. 07, 2013 USD ($)	Dec. 10, 2010 USD ($) Claimant
Loss Contingencies [Line Items]
Minimum estimated undiscounted costs of preparing RIFS for remedial alternatives					$ 0
Maximum estimated undiscounted costs of preparing RIFS for remedial alternatives					24,000,000.0
Present worth for remedy of a combination of groundwater extraction and treatment and in-site chemical oxidation		$ 10,700,000			10,700,000
Minimum historical cost associated with enhanced treatment required by the impact of groundwater plume					1,800,000
Maximum historical cost associated with enhanced treatment required by the impact of groundwater plume					2,500,000
Future operation and maintenance costs					126,400
Minimum amount of complaint under number of state law theories	$ 41,000,000
Period of complaint under number of state law theories	70 years
Approximate claims asserted against the company's acquiring bank							$ 2,200,000				$ 15,600,000
Estimated recovery from third party							$ 500,000
Amount related to outstanding environmental contingencies		14,500,000	$ 11,900,000		14,500,000	$ 11,900,000		$ 14,100,000	$ 14,100,000
Pretax accruals for environmental contingencies included in provision for discontinued operations		$ 600,000	$ 100,000		$ 800,000	$ 500,000
Number of claimants \| Claimant											2
Positive Outcome of Litigation
Loss Contingencies [Line Items]
Gain contingency, unrecorded amount										$ 13,300,000
Computer Network Intrusion \| Threatened Litigation
Loss Contingencies [Line Items]
Charges recorded to earning				$ 15,400,000

- Definition

Loss Contingency, Estimated Recovery from a Third Party

+ References + Details

Business Segment Information - Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015	Nov. 01, 2014	Oct. 31, 2015	Nov. 01, 2014	Jan. 31, 2015
Segment Reporting Information [Line Items]
Net sales to external customers	$ 773,898	$ 722,915	$ 2,090,020	$ 1,967,214
Segment operating income (loss)	52,201	47,596	84,770	81,709
Asset impairments and other	(151)	(1,036)	(3,970)	(1,347)
Earnings from operations	52,050	46,560	80,800	80,362
Indemnification asset write-off	0	(7,050)	0	(7,050)
Interest expense	(1,314)	(914)	(2,919)	(2,447)
Interest income	(16)	23	16	73
Earnings from continuing operations before income taxes	50,720	38,619	77,897	70,938
Total assets	1,743,704	1,669,245	1,743,704	1,669,245	$ 1,583,087
Depreciation and amortization	19,294	19,006	58,169	54,755
Capital expenditures	31,525	32,580	77,796	85,317
Sales
Segment Reporting Information [Line Items]
Net sales to external customers	774,310	723,302	2,091,277	1,968,283
Intercompany Sales
Segment Reporting Information [Line Items]
Net sales to external customers	(412)	(387)	(1,257)	(1,069)
Journeys Group
Segment Reporting Information [Line Items]
Net sales to external customers	321,996	303,781	847,805	802,742
Segment operating income (loss)	38,944	35,047	72,594	61,544
Asset impairments and other	0	0	0	0
Earnings from operations	38,944	35,047	72,594	61,544
Indemnification asset write-off		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	38,944	35,047	72,594	61,544
Total assets	407,708	345,011	407,708	345,011
Depreciation and amortization	5,627	5,311	16,415	15,160
Capital expenditures	12,164	7,076	25,939	21,682
Journeys Group \| Sales
Segment Reporting Information [Line Items]
Net sales to external customers	321,996	303,781	847,805	802,742
Journeys Group \| Intercompany Sales
Segment Reporting Information [Line Items]
Net sales to external customers	0	0	0	0
Schuh Group
Segment Reporting Information [Line Items]
Net sales to external customers	101,644	101,959	283,410	283,005
Segment operating income (loss)	8,649	3,949	10,880	(1,389)
Asset impairments and other	0	0	0	0
Earnings from operations	8,649	3,949	10,880	(1,389)
Indemnification asset write-off		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	8,649	3,949	10,880	(1,389)
Total assets	283,121	283,052	283,121	283,052
Depreciation and amortization	3,603	3,551	10,891	10,756
Capital expenditures	5,505	6,475	11,541	18,688
Schuh Group \| Sales
Segment Reporting Information [Line Items]
Net sales to external customers	101,644	101,959	283,410	283,005
Schuh Group \| Intercompany Sales
Segment Reporting Information [Line Items]
Net sales to external customers	0	0	0	0
Lids Sports Group
Segment Reporting Information [Line Items]
Net sales to external customers	246,967	220,038	675,514	608,621
Segment operating income (loss)	4,704	8,606	6,900	25,217
Asset impairments and other	0	0	0	0
Earnings from operations	4,704	8,606	6,900	25,217
Indemnification asset write-off		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	4,704	8,606	6,900	25,217
Total assets	723,374	746,747	723,374	746,747
Depreciation and amortization	7,196	7,704	22,427	21,834
Capital expenditures	10,868	15,458	31,356	33,897
Lids Sports Group \| Sales
Segment Reporting Information [Line Items]
Net sales to external customers	247,178	220,223	676,193	609,087
Lids Sports Group \| Intercompany Sales
Segment Reporting Information [Line Items]
Net sales to external customers	(211)	(185)	(679)	(466)
Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales to external customers	70,416	65,965	197,600	184,357
Segment operating income (loss)	4,637	4,505	9,460	8,577
Asset impairments and other	0	0	0	0
Earnings from operations	4,637	4,505	9,460	8,577
Indemnification asset write-off		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	4,637	4,505	9,460	8,577
Total assets	122,572	113,178	122,572	113,178
Depreciation and amortization	1,478	1,284	4,234	3,572
Capital expenditures	2,247	2,173	6,735	7,045
Johnston & Murphy Group \| Sales
Segment Reporting Information [Line Items]
Net sales to external customers	70,416	65,965	197,600	184,357
Johnston & Murphy Group \| Intercompany Sales
Segment Reporting Information [Line Items]
Net sales to external customers	0	0	0	0
Licensed Brands
Segment Reporting Information [Line Items]
Net sales to external customers	32,599	30,981	85,118	87,735
Segment operating income (loss)	3,345	3,082	7,526	8,476
Asset impairments and other	0	0	0	0
Earnings from operations	3,345	3,082	7,526	8,476
Indemnification asset write-off		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	3,345	3,082	7,526	8,476
Total assets	47,719	46,127	47,719	46,127
Depreciation and amortization	240	215	667	518
Capital expenditures	377	146	706	636
Licensed Brands \| Sales
Segment Reporting Information [Line Items]
Net sales to external customers	32,800	31,183	85,696	88,338
Licensed Brands \| Intercompany Sales
Segment Reporting Information [Line Items]
Net sales to external customers	(201)	(202)	(578)	(603)
Corporate & Other
Segment Reporting Information [Line Items]
Net sales to external customers	276	191	573	754
Segment operating income (loss)	(8,078)	(7,593)	(22,590)	(20,716)
Asset impairments and other	(151)	(1,036)	(3,970)	(1,347)
Earnings from operations	(8,229)	(8,629)	(26,560)	(22,063)
Indemnification asset write-off		(7,050)		(7,050)
Interest expense	(1,314)	(914)	(2,919)	(2,447)
Interest income	(16)	23	16	73
Earnings from continuing operations before income taxes	(9,559)	(16,570)	(29,463)	(31,487)
Total assets	159,210	135,130	159,210	135,130
Depreciation and amortization	1,150	941	3,535	2,915
Capital expenditures	364	1,252	1,519	3,369
Corporate & Other \| Sales
Segment Reporting Information [Line Items]
Net sales to external customers	276	191	573	754
Corporate & Other \| Intercompany Sales
Segment Reporting Information [Line Items]
Net sales to external customers	$ 0	$ 0	$ 0	$ 0

Business Segment Information - Textual (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2015 USD ($)	Nov. 01, 2014 USD ($)	Oct. 31, 2015 USD ($) segment	Nov. 01, 2014 USD ($) segment	Jan. 31, 2015 USD ($)
Segment Reporting Information [Line Items]
Number of reportable business segments \| segment			5	5
Asset impairments and other	$ 151	$ 1,036	$ 3,970	$ 1,347
Gain on lease termination				(3,400)
Goodwill	298,990	304,552	298,990	304,552	$ 296,865
Long-Lived Assets	322,100	314,700	322,100	314,700
Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Goodwill	98,400	101,900	98,400	101,900
Increase (decrease) in goodwill			(2,400)	(3,000)
Lids Sports Group
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Goodwill	199,800	201,900	199,800	201,900
Increase (decrease) in goodwill		19,500		19,500
Licensed Brands
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Goodwill	800	800	800	800
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other	100	400	1,800	1,600
Retail Store Asset Impairments \| Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other			400
Retail Store Asset Impairments \| Lids Sports Group
Segment Reporting Information [Line Items]
Asset impairments and other		400	1,300
Computer Network Intrusion
Segment Reporting Information [Line Items]
Asset impairments and other	100	600	2,100	2,400
Computer Network Intrusion \| Corporate and Other
Segment Reporting Information [Line Items]
Asset impairments and other			2,100	2,400
Other Legal Matters
Segment Reporting Information [Line Items]
Asset impairments and other			100	700
Other Legal Matters \| Corporate and Other
Segment Reporting Information [Line Items]
Asset impairments and other			100	700
Contract Termination \| Journeys Group
Segment Reporting Information [Line Items]
Gain on lease termination				(3,400)
United Kingdom
Segment Reporting Information [Line Items]
Long-Lived Assets	65,900	68,700	65,900	68,700
Canada
Segment Reporting Information [Line Items]
Long-Lived Assets	$ 13,700	$ 16,300	$ 13,700	$ 16,300

Subsequent Events (Details) - Subsequent Event $ in Millions	Dec. 10, 2015 Store	Dec. 04, 2015 USD ($)	Dec. 03, 2015 USD ($)
Revolving Credit Facility
Subsequent Event [Line Items]
Current borrowing capacity		$ 70.0	$ 25.0
Maximum borrowing capacity		$ 85.0
Little Burgundy
Subsequent Event [Line Items]
Number of stores \| Store	37