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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jul. 29, 2017	Aug. 25, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	GENESCO INC
Entity Central Index Key	0000018498
Document Type	10-Q
Document Period End Date	Jul. 29, 2017
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--02-03
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding (in shares)		19,919,019

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017	Jul. 30, 2016
Current Assets:
Cash and cash equivalents	$ 43,520	$ 48,301	$ 41,466
Accounts receivable, net of allowances of $3,469 at Jul. 29, 2017, $3,073 at Jan. 28, 2017 and $3,171 at Jul. 30, 2016	39,411	43,525	46,469
Inventories	670,104	563,677	663,708
Prepaids and other current assets	83,578	61,470	69,381
Total current assets	836,613	716,973	821,024
Property and equipment:
Land	7,881	7,773	7,872
Buildings and building equipment	56,222	52,673	50,761
Computer hardware, software and equipment	192,880	179,926	190,689
Furniture and fixtures	219,025	211,833	209,246
Construction in progress	55,374	33,660	27,341
Improvements to leased property	375,636	366,186	363,000
Property and equipment, at cost	907,018	852,051	848,909
Accumulated depreciation	(544,714)	(521,440)	(527,678)
Property and equipment, net	362,304	330,611	321,231
Deferred income taxes	11,918	13,372	27,015
Goodwill	276,209	271,222	277,028
Trademarks, net of accumulated amortization of $5,590 at Jul. 29, 2017, $5,574 at Jan. 28, 2017 and $5,372 at Jul. 30, 2016	86,150	84,327	86,035
Other intangibles, net of accumulated amortization of $16,785 at Jul. 29, 2017, $16,200 at Jan. 28, 2017 and $16,303 at Jul. 30, 2016	2,129	2,392	3,123
Other noncurrent assets	22,190	22,102	43,201
Total Assets	1,597,513	1,440,999	1,578,657
Current Liabilities:
Accounts payable	242,729	170,751	269,371
Accrued employee compensation	20,297	31,128	23,529
Accrued other taxes	19,555	23,101	22,415
Accrued income taxes	64	7,568	4,288
Current portion – long-term debt	2,051	9,175	10,620
Other accrued liabilities	64,225	64,333	64,233
Provision for discontinued operations	2,111	3,330	13,249
Total current liabilities	351,032	309,386	407,705
Long-term debt	188,823	73,730	124,981
Pension liability	5,989	6,265	9,487
Deferred rent and other long-term liabilities	133,059	127,384	147,852
Provision for discontinued operations	1,713	1,713	1,713
Total liabilities	680,616	518,478	691,738
Commitments and contingent liabilities
Equity:
Non-redeemable preferred stock	1,061	1,060	1,071
Common equity:
Common stock, $1 par value: Authorized: 80,000,000 shares Issued/Outstanding: July 29, 2017 – 20,407,483/19,919,019, January 28, 2017 – 20,354,272/19,865,808, July 30, 2016 – 21,109,751/20,621,287	20,408	20,354	21,110
Additional paid-in capital	244,083	237,677	230,372
Retained earnings	710,445	731,111	697,768
Accumulated other comprehensive loss	(42,806)	(51,292)	(47,105)
Treasury shares, at cost (488,464 shares)	(17,857)	(17,857)	(17,857)
Total Genesco equity	915,334	921,053	885,359
Noncontrolling interest – non-redeemable	1,563	1,468	1,560
Total equity	916,897	922,521	886,919
Total Liabilities and Equity	$ 1,597,513	$ 1,440,999	$ 1,578,657

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017	Jul. 30, 2016
Statement of Financial Position [Abstract]
Allowances on accounts receivable	$ 3,469	$ 3,073	$ 3,171
Accumulated amortization on trademarks	5,590	5,574	5,372
Accumulated amortization on other intangibles	$ 16,785	$ 16,200	$ 16,303
Common stock par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock authorized (in shares)	80,000,000	80,000,000	80,000,000
Common stock issued (in shares)	20,407,483	20,354,272	21,109,751
Common stock outstanding (in shares)	19,919,019	19,865,808	20,621,287
Treasury shares, at cost (in shares)	488,464	488,464	488,464

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Income Statement [Abstract]
Net sales	$ 616,506	$ 625,557	$ 1,259,874	$ 1,274,350
Cost of sales	309,999	310,820	634,454	629,916
Selling and administrative expenses	308,459	302,662	624,459	610,905
Asset impairments and other, net	58	(7,945)	177	(4,388)
Earnings (loss) from operations	(2,010)	20,020	784	37,917
Gain on sale of Lids Team Sports	0	(2,485)	0	(2,485)
Interest expense, net:
Interest expense	1,255	1,316	2,429	2,479
Interest income	(6)	(10)	(3)	(36)
Total interest expense, net	1,249	1,306	2,426	2,443
Earnings (loss) from continuing operations before income taxes	(3,259)	21,199	(1,642)	37,959
Income tax expense	616	6,695	1,236	12,891
Earnings (loss) from continuing operations	(3,875)	14,504	(2,878)	25,068
Provision for discontinued operations, net	(73)	74	(185)	(80)
Net Earnings (Loss)	$ (3,948)	$ 14,578	$ (3,063)	$ 24,988
Basic earnings (loss) per common share:
Continuing operations (in dollars per share)	$ (0.20)	$ 0.72	$ (0.15)	$ 1.22
Discontinued operations (in dollars per share)	(0.01)	0.00	(0.01)	0.00
Net earnings (loss) (in dollars per share)	(0.21)	0.72	(0.16)	1.22
Diluted earnings (loss) per common share:
Continuing operations (in dollars per share)	(0.20)	0.72	(0.15)	1.22
Discontinued operations (in dollars per share)	(0.01)	0.00	(0.01)	(0.01)
Net earnings (loss) (in dollars per share)	$ (0.21)	$ 0.72	$ (0.16)	$ 1.21

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (3,948)	$ 14,578	$ (3,063)	$ 24,988
Other comprehensive income:
Pension liability adjustments, net of tax of $0.1 million and $0.2 million for the three and six months ended July 29, 2017 and July 30, 2016	126	118	258	256
Postretirement liability adjustments, net of tax of $0.0 million for both the three and six months ended July 29, 2017 and July 30, 2016	20	15	43	30
Foreign currency translation adjustments	5,995	(13,376)	8,185	(4,778)
Total other comprehensive income (loss)	6,141	(13,243)	8,486	(4,492)
Comprehensive income	$ 2,193	$ 1,335	$ 5,423	$ 20,496

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Statement of Comprehensive Income [Abstract]
Pension liability adjustment, tax	$ 0.1	$ 0.2	$ 0.1	$ 0.2
Postretirement liability adjustment, tax	$ 0.0	$ 0.0	$ 0.0	$ 0.0

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings (loss)	$ (3,948)	$ 14,578	$ (3,063)	$ 24,988
Adjustments to reconcile net earnings (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	18,930	19,109	38,546	37,923
Amortization of deferred note expense and debt discount	179	212	385	426
Deferred income taxes	3,288	4,135	1,282	1,609
Provision on accounts receivable	8	81	159	247
Gain on sale of business	0	(2,485)	0	(2,485)
Impairment of long-lived assets	58	1,017	177	4,453
Restricted stock expense	3,387	3,367	6,735	6,653
Provision for discontinued operations	119	(120)	303	132
Other	526	446	344	1,077
Effect on cash from changes in working capital and other assets and liabilities, net of acquisitions:
Accounts receivable	15,208	5,623	2,806	417
Inventories	(87,027)	(118,357)	(101,445)	(134,174)
Prepaids and other current assets	(19,023)	(10,726)	(21,241)	(9,143)
Accounts payable	67,916	97,691	72,615	120,890
Other accrued liabilities	(8,707)	3,076	(26,420)	(20,293)
Other assets and liabilities	2,289	(2,152)	4,038	1,340
Net cash provided by (used in) operating activities	(6,797)	15,495	(24,779)	34,060
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(37,010)	(23,346)	(67,336)	(40,703)
Acquisitions, net of cash acquired	0	(22)	0	(22)
Payments related to asset sales and sale of business	27	(545)	238	(545)
Net cash used in investing activities	(36,983)	(23,913)	(67,098)	(41,270)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of long-term debt	0	(3,070)	(8,018)	(4,990)
Borrowings under revolving credit facility	133,593	69,994	324,987	69,994
Payments on revolving credit facility	(85,869)	(38,682)	(214,282)	(39,429)
Share repurchases	(1,715)	(27,192)	(17,878)	(104,088)
Change in overdraft balances	(2,371)	6,595	627	(5,760)
Exercise of stock options	0	513	0	573
Other	(143)	(143)	1,214	(283)
Net cash provided by (used in) financing activities	43,495	8,015	86,650	(83,983)
Effect of foreign exchange rate fluctuations on cash	434	(881)	446	(629)
Net Increase (Decrease) in Cash and Cash Equivalents	149	(1,284)	(4,781)	(91,822)
Cash and cash equivalents at beginning of period	43,371	42,750	48,301	133,288
Cash and cash equivalents at end of period	43,520	41,466	43,520	41,466
Net cash paid for:
Interest	1,112	1,086	2,105	1,884
Income taxes	$ 21,868	$ 21,413	$ 24,144	$ 34,535

Condensed Consolidated Statements of Equity - USD ($) $ in Thousands	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 Jan. 30, 2016	$ 956,783	$ 1,077	$ 22,323	$ 224,004	$ 768,222	$ (42,613)	$ (17,857)	$ 1,627
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	24,988
Other comprehensive income (loss)	(4,492)
Shares repurchased	(93,400)
Ending Balance at Jul. 30, 2016	886,919
Beginning Balance at Jan. 30, 2016	956,783	1,077	22,323	224,004	768,222	(42,613)	(17,857)	1,627
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	97,431				97,431
Other comprehensive income (loss)	(8,679)					(8,679)
Exercise of stock options	1,018		27	991
Employee and non-employee restricted stock	13,481			13,481
Restricted stock issuance			236	(236)
Restricted shares withheld for taxes	(3,435)		(56)	56	(3,435)
Tax benefit of stock options and restricted stock exercised	(657)			(657)
Shares repurchased	(133,263)		(2,156)		(131,107)
Other	1	(17)	(20)	38
Noncontrolling interest – earnings (loss)	(159)							(159)
Ending Balance at Jan. 28, 2017	922,521	1,060	20,354	237,677	731,111	(51,292)	(17,857)	1,468
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(3,063)				(3,063)
Other comprehensive income (loss)	8,486					8,486
Employee and non-employee restricted stock	6,735			6,735
Restricted stock issuance			357	(357)
Restricted shares withheld for taxes	(1,715)		(51)	51	(1,715)
Shares repurchased	(16,163)		(275)		(15,888)
Other	1	1	23	(23)
Noncontrolling interest – earnings (loss)	95							95
Ending Balance at Jul. 29, 2017	$ 916,897	$ 1,061	$ 20,408	$ 244,083	$ 710,445	$ (42,806)	$ (17,857)	$ 1,563

Summary of Significant Accounting Policies

6 Months Ended

Jul. 29, 2017

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Basis of Presentation

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 February 3, 2018 ("Fiscal 2018") and of the fiscal year ended January 28, 2017 ("Fiscal 2017"). The results of operations for any interim period are not necessarily indicative of results for the full year. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. The Condensed Consolidated Balance Sheet as of January 28, 2017 has been derived from the audited financial statements at that date. These Condensed Consolidated Financial Statements should be read in conjunction with the Company's Consolidated Financial Statements and notes thereto for Fiscal 2017, which are contained in the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission ("SEC") on March 29, 2017.

Nature of Operations

Genesco Inc. and its subsidiaries (collectively, the "Company") business includes the sourcing and design, 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, Little Burgundy and Johnston & Murphy banners and under the Schuh banner in the United Kingdom, the Republic of Ireland and Germany; through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, shibyjourneys.com, schuh.co.uk, littleburgundyshoes.com, johnstonmurphy.com and trask.com, 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. The Company's business also includes Lids Sports Group, which operates headwear and accessory stores in the U.S., Puerto Rico 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, lidsclubhouse.com and neweracap.com. Including both the footwear businesses and the Lids Sports Group business, at July 29, 2017, the Company operated 2,745 retail stores and leased departments in the U.S., Puerto Rico, Canada, the United Kingdom, the Republic of Ireland and Germany.

Note 1

Summary of Significant Accounting Policies, Continued

the fourth quarter of Fiscal 2017; G.H. Bass Footwear operated under a license from G-III Apparel Group, Ltd.; and other brands.

Principles of Consolidation

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

Cash and Cash Equivalents

The Company had total available cash and cash equivalents of $43.5 million, $48.3 million and $41.5 million as of July 29, 2017, January 28, 2017 and July 30, 2016, respectively, of which approximately $14.8 million, $22.9 million and $11.8 million was held by the Company's foreign subsidiaries as of July 29, 2017, January 28, 2017 and July 30, 2016, 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 indefinitely 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 July 29, 2017, January 28, 2017 and July 30, 2016. Cash equivalents are highly-liquid financial instruments having an original maturity of three months or less.

At July 29, 2017, 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 credit card transactions process within 24 - 48 hours and are accordingly classified as cash and cash equivalents in the Condensed Consolidated Balance Sheets.

At July 29, 2017, January 28, 2017 and July 30, 2016, outstanding checks drawn on zero-balance accounts at certain domestic banks exceeded book cash balances at those banks by approximately $37.3 million, $36.7 million and $39.2 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 department stores and independent retailers 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. In the footwear wholesale businesses, one customer accounted for 19% and one customer accounted for 10% of the Company’s total trade receivables balance, while no other customer accounted for more than 9% of the Company’s total trade receivables balance as of July 29, 2017.

Leases

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 $27.0 million, $25.4 million and $25.4 million at July 29, 2017, January 28, 2017 and July 30, 2016, respectively, and deferred

Note 1

Summary of Significant Accounting Policies, Continued

rent of $55.4 million, $51.9 million and $49.7 million, each at July 29, 2017, January 28, 2017 and July 30, 2016, respectively, are included in deferred rent and other long-term liabilities on the Condensed Consolidated Balance Sheets.

The Condensed Consolidated Balance Sheets include asset retirement obligations related to leases of $10.9 million, $10.3 million and $10.4 million as of July 29, 2017, January 28, 2017 and July 30, 2016, respectively.

Fair Value of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments at July 29, 2017 and January 28, 2017 are as follows:



Fair Values
In thousands	July 29, 2017				January 28, 2017
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
U.S. Credit Facility Borrowings	$	162,251	$	163,620	$	49,879	$	50,396
UK Term Loans	11,821		12,025		19,230		19,541
UK Revolver Borrowings	16,802		17,071		13,796		13,956

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.

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 amount of $1.2 million and $1.4 million for the second quarters of Fiscal 2018 and Fiscal 2017, respectively, and $2.8 million and $3.0 million for the first six months of Fiscal 2018 and 2017, respectively.

Gift Cards

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 second quarters of Fiscal 2018 and Fiscal 2017, and $0.4 million and $0.3 million for the first six months of Fiscal 2018 and 2017, respectively. The Condensed Consolidated Balance Sheets include an accrued liability for

Note 1

Summary of Significant Accounting Policies, Continued

gift cards of $15.6 million, $17.7 million and $15.0 million at July 29, 2017, January 28, 2017 and July 30, 2016, 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 $114.1 million and $112.2 million for the second quarters of Fiscal 2018 and Fiscal 2017, respectively, and $227.4 million and $223.4 million for the first six months of Fiscal 2018 and 2017, respectively.

Advertising Costs

Advertising costs are predominantly expensed as incurred. Advertising costs were $16.9 million and $15.7 million for the second quarters of Fiscal 2018 and Fiscal 2017, respectively, and $36.5 million and $32.4 million for the first six months of Fiscal 2018 and 2017, 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 $3.7 million, $1.2 million and $1.6 million at July 29, 2017, January 28, 2017 and July 30, 2016, respectively.

Cooperative Advertising

Cooperative advertising costs recognized in selling and administrative expenses on the Condensed Consolidated Statements of Operations were $0.6 million and $0.7 million for the second quarters of Fiscal 2018 and Fiscal 2017, respectively, and $1.8 million and $1.7 million for the first six months of Fiscal 2018 and 2017, respectively. During the first six months of Fiscal 2018 and Fiscal 2017, the Company’s cooperative advertising reimbursements paid did not exceed the fair value of the benefits received under those agreements.

Vendor Allowances

Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $1.7 million and $1.4 million for the second quarters of Fiscal 2018 and Fiscal 2017, respectively, and $4.4 million and $2.7 million for the first six months of Fiscal 2018 and 2017, respectively. During the first six months of Fiscal 2018 and Fiscal 2017, the Company’s cooperative advertising reimbursements received were not in excess of the costs incurred.

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

Note 1

Summary of Significant Accounting Policies, Continued

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 $0.2 million and $0.5 million for the second quarter and first six months of Fiscal 2018, respectively, and a net gain of $(0.5) million and $(1.5) million for the second quarter and first six months of Fiscal 2017, respectively.

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 July 29, 2017 consisted of $9.2 million of cumulative pension liability adjustments, net of tax, a cumulative post-retirement liability adjustment of $1.5 million, net of tax, and a cumulative foreign currency translation adjustment of $32.1 million.

The following table summarizes the components of accumulated other comprehensive loss for the six months ended July 29, 2017:



	Foreign Currency Translation			Unrecognized Pension/Postretirement Benefit Costs			Total Accumulated Other Comprehensive Income (Loss)
(In thousands)
Balance January 28, 2017	$	(40,329	)	$	(10,963	)	$	(51,292	)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	6,790			—			6,790
Gain on intra-entity foreign currency transactions
(long-term investment nature)	1,395			—			1,395
Amounts reclassified from AOCI:
Amortization of net actuarial loss (1)	—			493			493
Income tax expense	—			192			192
Current period other comprehensive income, net of tax	8,185			301			8,486
Balance July 29, 2017	$	(32,144	)	$	(10,662	)	$	(42,806	)

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

Income Taxes

The Company recorded an effective income tax rate of (18.9)% and 31.6% in the second quarter of Fiscal 2018 and 2017, respectively, and (75.3)% and 34.0% for the first six months of Fiscal 2018 and 2017, respectively. The tax rate for the second quarter and first six months of Fiscal 2018 was impacted by $2.2 million of tax expense due to the impact of ASU 2016-09 related to the vesting of stock grants. This year's tax rate for the second quarter and first six months was favorably impacted by a $0.5 million return to provision adjustment. Last year's tax rate for the second quarter

Note 1

Summary of Significant Accounting Policies, Continued

and first six months was favorably impacted primarily due to the reversal of previously recorded charges related to a formerly uncertain tax position as a result of a vacated tax assessment.

New Accounting Pronouncements

New Accounting Pronouncements Recently Adopted

In January 2017, the FASB issued ASU 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” ASU 2017-04 simplifies the measurement of goodwill by eliminating the second step from the goodwill impairment test, which requires the comparison of the implied fair value of goodwill with the current carrying amount of goodwill. Instead, under the amendments in this guidance, an entity shall perform a goodwill impairment test

by comparing the fair value of each reporting unit with its carrying amount and an impairment charge is to be recorded for the amount, if any, in which the carrying value exceeds the reporting unit’s fair value. This guidance should be applied prospectively and is effective for public business

entities that are United States Securities and Exchange Commission filers for fiscal years beginning after December 15, 2019, with early adoption permitted for interim or annual goodwill impairment tests performed after January 1, 2017. The Company adopted ASU 2017-04 in the first quarter of Fiscal 2018, and it did not have a material impact on its Consolidated Financial Statements and related disclosures.

In March 2016, the FASB issued ASU 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). The update addresses several aspects of the accounting for share-based compensation transactions including: (a) income tax consequences when awards vest or are settled, (b) classification of awards as either equity or liabilities, (c) a policy election to account for forfeitures as they occur rather than on an

estimated basis and (d) classification of excess tax impacts on the statement of cash flows. The inclusion of excess tax benefits and deficiencies as a component of the Company's income tax expense will increase volatility within its provision for income taxes as the amount of excess tax benefits or deficiencies from share-based compensation awards is dependent on the Company's stock price at the date the awards are exercised or settled which is primarily in the second quarter of each fiscal year. The Company adopted ASU 2016-09 in the first quarter of Fiscal 2018. Earnings per share decreased $0.11 per share for the second quarter and six months ended July 29, 2017 due to the impact of ASU 2016-09. The Company reclassified $3.4 million from operating activities to financing activities on the Condensed Consolidated Statements of Cash Flows for both the second quarter and six months ended July 30, 2016 representing the value of the shares withheld for taxes on the vesting of restricted stock. If the Company had adopted the standard in Fiscal 2017, reported earnings per share would have decreased $0.03 per share for Fiscal 2017.

In November 2015, the FASB issued ASU 2015-17, "Balance Sheet Classification of Deferred Taxes". ASU 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 Company adopted ASU 2015-17 in the first quarter of Fiscal 2018 under the retrospective approach and, as such, the Company reclassified $21.2 million and $28.1 million of deferred taxes from current to noncurrent on its Consolidated Balance Sheets as of January 28, 2017 and July 30, 2016, respectively.

Note 1

Summary of Significant Accounting Policies, Continued

In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." ASU 2015-11 requires an entity that determines the cost of inventory by methods other than last-in, first-out and the retail inventory method to measure inventory at the lower of cost and net realizable value. The Company adopted ASU 2015-11 in the first quarter of Fiscal 2018 and it did not have a material impact on its Consolidated Financial Statements and related disclosures.

New Accounting Pronouncements Not Yet Adopted

In March 2017, the FASB issued ASU 2017-07, "Compensation - Retirement Benefits (Topic 715)". The standard requires the sponsors of benefit plans to present service cost in the same line item or items as other current employee compensation costs, and present the remaining components of net benefit cost in one or more separate line items outside of income from operations, while also limiting the components of net benefit cost eligible to be capitalized to service cost. The standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal

years. Early adoption is permitted. The Company does not expect the adoption of this standard to have a material impact on its Consolidated Financial Statements and related disclosures. The

standard will require the Company to present the non-service pension costs as a component of expense below operating income.

In February 2016, the FASB issued ASU 2016-02, "Leases". The standard's core principle is to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information. The standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, which would be the beginning of our Fiscal 2020 or February 2019. Early adoption is permitted. The Company is currently assessing the impact the adoption of ASU 2016-02 will have on its Consolidated Financial Statements and related disclosures and is expecting a material impact because the Company is party to a significant number of lease contracts.

In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)". ASU 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. 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 was originally 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, which would be the beginning of our Fiscal 2019 or February 2018. 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). Based on an evaluation of the standard as a whole, the Company has identified timing of catalog costs, timing of gift card breakage and customer incentives as the areas that will most likely be affected by the new revenue recognition guidance. The Company continues to evaluate the adoption of this standard, including the transition method, and will provide

Note 1

Summary of Significant Accounting Policies, Continued

updates throughout the remainder of Fiscal 2018 related to the expected impact of adopting this standard.

Intangible Assets and Sale of Business

6 Months Ended

Jul. 29, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Sale of Business

Other intangibles by major classes were as follows:



	Leases						Customer Lists						Other*						Total
(In Thousands)	Jul. 29, 2017			Jan. 28, 2017			Jul. 29, 2017			Jan. 28, 2017			Jul. 29, 2017			Jan. 28, 2017			Jul. 29, 2017			Jan. 28, 2017
Gross other intangibles	$	14,820		$	14,625		$	2,024		$	1,958		$	2,070		$	2,009		$	18,914		$	18,592
Accumulated amortization	(13,317		)	(12,938		)	(2,024		)	(1,956		)	(1,444		)	(1,306		)	(16,785		)	(16,200		)
Net Other Intangibles	$	1,503		$	1,687		$	—		$	2		$	626		$	703		$	2,129		$	2,392

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

The amortization of intangibles, including trademarks, was $0.0 million and $0.2 million for the second quarters of Fiscal 2018 and 2017, respectively, and $0.1 million and $0.5 million for the first six months of Fiscal 2018 and 2017, respectively. The amortization of intangibles, including trademarks, is expected to be $0.2 million, $0.1 million, $0.0 million, $0.0 million and $0.0 million for Fiscal 2018, 2019, 2020, 2021 and 2022, respectively.

Sale of Business

The Company recognized a pretax gain of $2.5 million during the second quarter of Fiscal 2017 on the sale of Lids Team Sports related to final working capital adjustments.

Asset Impairments and Other Charges and Discontinued Operations

6 Months Ended

Jul. 29, 2017

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 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 $0.1 million and $0.2 million in the second quarter and first six months of Fiscal 2018, respectively, for retail store asset impairments.

Note 3

Asset Impairments and Other Charges and Discontinued Operations, Continued

The Company recorded a pretax gain of $(7.9) million in the second quarter of Fiscal 2017, including a $(9.0) million gain for network intrusion expenses related to a litigation settlement, partially offset by a $1.0 million charge for retail store asset impairments. The Company recorded a pretax gain of $(4.4) million in the first six months of Fiscal 2017, including an $(8.9) million gain for network intrusion expenses related to a litigation settlement (see Note 8), partially offset by a $4.5 million charge for retail store asset impairments and $0.1 million for other legal matters.

Discontinued Operations



Accrued Provision for Discontinued Operations
In thousands	Facility Shutdown Costs
Balance January 30, 2016	$	15,619
Additional provision Fiscal 2017	701
Charges and adjustments, net	(11,277		)
Balance January 28, 2017	5,043
Additional provision Fiscal 2018	303
Charges and adjustments, net	(1,522		)
Balance July 29, 2017*	3,824
Current provision for discontinued operations	2,111
Total Noncurrent Provision for Discontinued Operations	$	1,713

*Includes a $3.2 million environmental provision, including $2.1 million in current provision for discontinued operations.

Inventories

6 Months Ended

Jul. 29, 2017

Inventory Disclosure [Abstract]

Inventories



In thousands	July 29, 2017		January 28, 2017
Raw materials	$	—	$	389
Wholesale finished goods	55,442		61,575
Retail merchandise	614,662		501,713
Total Inventories	$	670,104	$	563,677

Fair Value

6 Months Ended

Jul. 29, 2017

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.

The following table presents the Company's assets and liabilities measured at fair value on a nonrecurring basis as of July 29, 2017 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 April 29, 2017	$	14	$	—	$	—	$	14	$	119
Measured as of July 29, 2017	—		—		—		—		58
Sub-total asset impairment YTD									$	177

In accordance with the Property, Plant and Equipment Topic of the Codification, the Company recorded $0.1 million and $0.2 million of impairment charges as a result of the fair value measurement of its long-lived assets held and used during the three and six months ended July 29, 2017, 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

Defined Benefit Pension Plans and Other Benefit Plans

6 Months Ended

Jul. 29, 2017

Retirement Benefits [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	July 29, 2017			July 30, 2016			July 29, 2017		July 30, 2016
Service cost	$	137		$	137		$	231	$	165
Interest cost	818			1,028			90		66
Expected return on plan assets	(1,125		)	(1,410		)	—		—
Amortization:
Losses	207			195			34		25
Net amortization	207			195			34		25
Net Periodic Benefit Cost (Gain)	$	37		$	(50	)	$	355	$	256



Components of Net Periodic Benefit Cost


	Pension Benefits						Other Benefits
	Six Months Ended						Six Months Ended
In thousands	July 29, 2017			July 30, 2016			July 29, 2017		July 30, 2016
Service cost	$	275		$	275		$	440	$	330
Interest cost	1,642			2,062			175		132
Expected return on plan assets	(2,255		)	(2,822		)	—		—
Amortization:
Losses	422			421			72		50
Net amortization	422			421			72		50
Net Periodic Benefit Cost (Gain)	$	84		$	(64	)	$	687	$	512

There is no cash contribution required for the pension plan in calendar 2017.

Earnings Per Share

6 Months Ended

Jul. 29, 2017

Earnings Per Share [Abstract]

Earnings Per Share



	For the Three Months Ended							For the Three Months Ended
	July 29, 2017							July 30, 2016
(In thousands, except per share amounts)	Income (Numerator)			Shares (Denominator)	Per Share Amount			Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings (loss) from continuing operations	$	(3,875	)					$	14,504

Basic EPS from continuing operations
Income (loss) available to
common shareholders	(3,875		)	19,152	$	(0.20	)	14,504		20,195	$	0.72

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards⁽¹⁾				—						11
Employees' preferred stock⁽²⁾				—						38

Diluted EPS from continuing operations
Income (loss) available to common
shareholders plus assumed
conversions	$	(3,875	)	19,152	$	(0.20	)	$	14,504	20,244	$	0.72

(1) Due to the loss from continuing operations, restricted share-based awards are excluded from the diluted earnings per share calculation for the second quarter ended July 29, 2017.

(2) The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Due to the loss from continuing operations, these shares are not assumed to be converted for the second quarter ended July 29, 2017. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculation for the second quarter ended July 30, 2016.

Note 7

Earnings Per Share, Continued



	For the Six Months Ended							For the Six Months Ended
	July 29, 2017							July 30, 2016
(In thousands, except per share amounts)	Income (Numerator)			Shares (Denominator)	Per Share Amount			Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings (loss) from continuing operations	$	(2,878	)					$	25,068

Basic EPS from continuing operations
Income (loss) available to
common shareholders	(2,878		)	19,171	$	(0.15	)	25,068		20,505	$	1.22

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards⁽¹⁾				—						74
Employees' preferred stock⁽²⁾				—						38

Diluted EPS from continuing operations
Income (loss) available to common
shareholders plus assumed
conversions	$	(2,878	)	19,171	$	(0.15	)	$	25,068	20,617	$	1.22

(1) Due to the loss from continuing operations, restricted share-based awards are excluded from the diluted earnings per share calculation for the six months ended July 29, 2017.

(2) The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Due to the loss from continuing operations, these shares are not assumed to be converted for the six months ended July 29, 2017. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculation for the six months ended July 30, 2016.

The weighted shares outstanding reflects the effect of the Company's Board-approved share repurchase program. The Company did not repurchase any shares during the three months ended July 29, 2017 and repurchased 275,300 shares of common stock during the six months ended July 29, 2017 for $16.2 million. The Company has $24.0 million remaining under its current $100.0 million share repurchase authorization. The Company repurchased 309,105 shares of common stock during the three months ended July 30, 2016 for $20.0 million and repurchased 1,409,005 shares of common stock during the six months ended July 30, 2016 for $93.4 million.

Legal Proceedings	6 Months Ended
Legal Proceedings	Jul. 29, 2017
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 United States Environmental Protection Agency (“EPA”), which assumed primary regulatory responsibility for the site from NYSDEC, issued a Record of Decision in September 2007. The Record of Decision specified a remedy of a combination of groundwater extraction and treatment and in-situ chemical oxidation. In September 2015, the EPA adopted an amendment to the Record of Decision eliminating the separate ground-water extraction and treatment systems and the use of in-situ oxidation from the remedy adopted in the Record of Decision. The amendment provides for the continued operation and maintenance of the existing wellhead treatment systems on wells operated by the Village of Garden City, New York (the "Village"). It also requires the Company to perform certain ongoing monitoring, operation and maintenance activities and to reimburse EPA's future oversight cost, involving future costs to the Company estimated at $1.7 million to $2.0 million, and to reimburse EPA for approximately $1.25 million of interim oversight costs. On August 15, 2016, the Court entered a Consent Judgment implementing the remedy provided for by the amendment. The Village 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 total costs ranging from approximately $1.8 million to in excess of $2.5 million, and future operation and maintenance costs which the Village estimated at $126,400 annually while the enhanced treatment continues. On December 14, 2007, the Village filed a complaint (the "Village Lawsuit") 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. In June 2016, the Company and the Village reached an agreement providing for the Village to continue to operate and maintain the well head treatment systems in accordance with the Record of Decision and to release its claims against the Company asserted in the Village Lawsuit in exchange for a lump-sum payment of $10.0 million by the Company. On August 25, 2016, the Village Lawsuit was dismissed with prejudice. The cost of the settlement with the Village and the estimated costs associated with the Company's compliance with the Consent Judgment were covered by the Company's existing provision for the site. The settlement with the Village did not have, and the Company expects that the Consent Judgment will not have, a material effect on its financial condition or results of operations. Note 8 Legal Proceedings, Continued 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. In February 2017, the Company and EPA entered into a settlement agreement resolving EPA's claim for past response costs in exchange for a payment by the Company of $1.5 million which was paid in May 2017. The Company's environmental insurance carrier has agreed to reimburse the Company for 75% of the settlement amount, subject to a $500,000 self-insured retention. The Company does not expect that the matter will have a material effect on its financial condition or results of operations. 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 $3.2 million as of July 29, 2017, $4.4 million as of January 28, 2017 and $14.3 million as of July 30, 2016. 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. The Company paid $10.0 million of the accrued total at July 30, 2016 in August 2016. 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 it relates to former facilities operated by the Company. The Company has made pretax accruals for certain of these contingencies, including approximately $0.1 million and $0.0 million reflected in the second quarters of Fiscal 2018 and 2017, respectively, and $0.3 million and $0.1 million reflected in the first six months of Fiscal 2018 and 2017, respectively. These charges are included in provision for discontinued operations, net in the Consolidated Statements of Operations and represent changes in estimates. Note 8 Legal Proceedings, Continued Other Matters On February 22, 2017, a former employee of a subsidiary of the Company filed a putative class and collective action, Shumate v. Genesco, Inc., et al., in the U.S District Court for the Southern District of Ohio, alleging violations of the federal Fair Labor Standards Act ("FLSA") and Ohio wages and hours law including failure to pay minimum wages and overtime to the subsidiary's store managers and seeking back pay, damages, penalties, and declaratory and injunctive relief. On April 21, 2017, a former employee of the same subsidiary filed a putative class and collective action, Ward v. Hat World, Inc., in the Superior Court for the State of Washington, alleging violations of the FLSA and Washington wages and hours laws, including, among others, failure to pay overtime to certain loss prevention investigators, and seeking back pay, damages, attorneys' fees and other relief. The Company has removed the action to U.S. District Court. On May 19, 2017, two former employees of the same subsidiary filed a putative class and collective action, Chen and Salas v. Genesco Inc., et al., in the U.S. District Court for the Northern District of Illinois alleging violations of the FLSA and Illinois and New York wages and hours laws, including, among others, failure to pay overtime to store managers, and also seeking back pay, damages, statutory penalties, and declaratory and injunctive relief. The Company disputes the material allegations in these complaints and intends to defend the matters. On April 30, 2015, an employee of the same subsidiary 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

6 Months Ended

Jul. 29, 2017

Segment Reporting [Abstract]

Business Segment Information

During the six months ended July 29, 2017 and July 30, 2016, the Company operated five reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz, Shi by Journeys and Little Burgundy retail footwear chains, e-commerce and catalog operations; (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 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 H. S. Trask^® brands; and (v) Licensed Brands, comprised of Dockers^® Footwear, sourced and marketed under a license from Levi Strauss & Company; SureGrip^® Footwear, which was sold in the fourth quarter of Fiscal 2017; G.H. Bass Footwear operated under a license from G-III Apparel Group, Ltd.; 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, under Item 8 in the Company's Annual Report on Form10-K for the fiscal year ended January 28, 2017).

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 on revolver debt 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 9

Business Segment Information, Continued



Three Months Ended
July 29, 2017	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	$	258,953		$	97,625	$	180,230	$	64,860	$	14,696		$	141		$	616,505
Intercompany Sales	—			—		—		—		1			—			1
Net sales to external customers	$	258,953		$	97,625	$	180,230	$	64,860	$	14,697		$	141		$	616,506
Segment operating income (loss)	$	(2,194	)	$	4,538	$	3,040	$	1,547	$	(1,051	)	$	(7,832	)	$	(1,952	)
Asset Impairments and other*	—			—		—		—		—			(58		)	(58		)
Earnings (loss) from operations	(2,194		)	4,538		3,040		1,547		(1,051		)	(7,890		)	(2,010		)
Interest expense	—			—		—		—		—			(1,255		)	(1,255		)
Interest income	—			—		—		—		—			6			6
Earnings (loss) from continuing operations before income taxes	$	(2,194	)	$	4,538	$	3,040	$	1,547	$	(1,051	)	$	(9,139	)	$	(3,259	)
Total assets**	$	511,456		$	235,408	$	549,825	$	127,478	$	32,610		$	140,736		$	1,597,513
Depreciation and amortization***	6,308			3,383		6,732		1,578		170			759			18,930
Capital expenditures	24,656			2,673		9,841		1,454		84			(1,698		)	37,010

*Asset Impairments and other includes a $0.1 million charge for asset impairments, which relates to Journeys Group and Lids Sports Group equally.

**Total assets for the Lids Sports Group, Schuh Group and Journeys Group include $182.3 million, $83.5 million and $10.4 million of goodwill, respectively. Goodwill for the Lids Sports Group, Schuh Group and Journeys Group increased by $0.7 million, $3.7 million, and $0.6 million, respectively, from January 28, 2017, due to foreign currency translation adjustments. Of the Company's $362.3 million of property and equipment, $55.8 million and $23.0 million relate to property and equipment in the United Kingdom and Canada, respectively.

***Includes $18.8 million in depreciation expense for the three months ended July 29, 2017.

Note 9

Business Segment Information, Continued



Three Months Ended
July 30, 2016	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	$	252,134	96,960		$	188,912	$	65,151	$	22,673		$	300		$	626,130
Intercompany Sales	—		—		—		—		(573		)	—			(573		)
Net sales to external customers	$	252,134	$	96,960	$	188,912	$	65,151	$	22,100		$	300		$	625,557
Segment operating income (loss)	$	4,481	$	5,693	$	7,132	$	2,255	$	234		$	(7,720	)	$	12,075
Asset Impairments and other*	—		—		—		—		—			7,945			7,945
Earnings (loss) from operations	4,481		5,693		7,132		2,255		234			225			20,020
Gain on sale of Lids Team Sports	—		—		—		—		—			2,485			2,485
Interest expense	—		—		—		—		—			(1,316		)	(1,316		)
Interest income	—		—		—		—		—			10			10
Earnings (loss) from continuing operations before income taxes	$	4,481	$	5,693	$	7,132	$	2,255	$	234		$	1,404		$	21,199
Total assets**	$	451,154	232,812		$	545,216	$	128,487	$	47,071		$	173,917		$	1,578,657
Depreciation and amortization***	5,950		3,809		6,592		1,483		257			1,018			19,109
Capital expenditures	15,632		3,566		731		3,183		196			38			23,346

*Asset Impairments and other includes a $1.0 million charge for assets impairments, which relates primarily to the Lids Sports Group, and a $(9.0) million gain for network intrusion expenses related to a litigation settlement.

**Total assets for the Lids Sports Group, Schuh Group, Journeys Group and Licensed Brands include $181.8 million, $84.5 million, $9.9 million and $0.8 million of goodwill, respectively. Goodwill for Lids Sports Group and Journeys Group increased by $0.9 million and $0.5 million, respectively, from January 30, 2016 and Schuh Group goodwill decreased by $5.8 million from January 30, 2016 due to foreign currency translation adjustments. Of the Company's $321.2 million of property and equipment, $60.2 million and $20.2 million relate to property and equipment in the United Kingdom and Canada, respectively.

***Includes $18.9 million in depreciation expense for the three months ended July 30, 2016.

Note 9

Business Segment Information, Continued



Six Months Ended
July 29, 2017	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	$	543,072	$	174,081	$	357,131	$	137,653	$	47,707	$	230		$	1,259,874
Intercompany Sales	—		—		—		—		—		—			—
Net sales to external customers	$	543,072	$	174,081	$	357,131	$	137,653	$	47,707	$	230		$	1,259,874
Segment operating income (loss)	$	5,278	$	3,851	$	1,254	$	5,367	$	1,224	$	(16,013	)	$	961
Asset Impairments and other*	—		—		—		—		—		(177		)	(177		)
Earnings (loss) from operations	5,278		3,851		1,254		5,367		1,224		(16,190		)	784
Interest expense	—		—		—		—		—		(2,429		)	(2,429		)
Interest income	—		—		—		—		—		3			3
Earnings (loss) from continuing operations before income taxes	$	5,278	$	3,851	$	1,254	$	5,367	$	1,224	$	(18,616	)	$	(1,642	)
Total assets**	$	511,456	$	235,408	$	549,825	$	127,478	$	32,610	$	140,736		$	1,597,513
Depreciation and amortization***	12,823		6,747		13,669		3,144		337		1,826			38,546
Capital expenditures	43,851		5,431		14,972		2,511		161		410			67,336

*Asset Impairments and other includes a $0.2 million charge for asset impairments, which relates to Journeys Group and Lids Sports Group equally.

**Total assets for the Lids Sports Group, Schuh Group and Journeys Group include $182.3 million, $83.5 million and $10.4 million of goodwill, respectively. Goodwill for the Lids Sports Group, Schuh Group and Journeys Group increased by $0.7 million, $3.7 million and $0.6 million, respectively, from January 28, 2017, due to foreign currency translation adjustments. Of the Company's $362.3 million of property and equipment, $55.8 million and $23.0 million relate to property and equipment in the United Kingdom and Canada, respectively.

***Includes $38.4 million in depreciation expense for the six months ended July 29, 2017.

Note 9

Business Segment Information, Continued



Six Months Ended
July 30, 2016	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	546,355		172,630		368,288		135,126		52,317			385			$	1,275,101
Intercompany Sales	—		—		—		—		(751		)	—			(751		)
Net sales to external customers	$	546,355	$	172,630	$	368,288	$	135,126	$	51,566		$	385		$	1,274,350
Segment operating income (loss)	24,101		3,032		13,169		7,097		2,087			(15,957		)	$	33,529
Asset Impairments and other*	—		—		—		—		—			4,388			4,388
Earnings (loss) from operations	24,101		3,032		13,169		7,097		2,087			(11,569		)	37,917
Gain on sale of Lids Team Sports	—		—		—		—		—			2,485			2,485
Interest expense	—		—		—		—		—			(2,479		)	(2,479		)
Interest income	—		—		—		—		—			36			36
Earnings (loss) from continuing operations before income taxes	$	24,101	$	3,032	$	13,169	$	7,097	$	2,087		$	(11,527	)	$	37,959
Total assets**	451,154		232,812		545,216		128,487		47,071			173,917			$	1,578,657
Depreciation and amortization***	12,012		7,494		12,935		2,947		507			2,028			37,923
Capital expenditures	22,929		6,407		5,609		5,178		348			232			40,703

*Asset Impairments and other includes an $(8.9) million gain for network intrusion expenses related to a litigation settlement, a $4.5 million charge for asset impairments, of which $4.4 million is in the Lids Sports Group and $0.1 million is in the Journeys Group, and a $0.1 million charge for other legal matters.

***Includes $37.4 million in depreciation expense for the six months ended July 30, 2016.

Summary of Significant Accounting Policies (Policies)	6 Months Ended
Summary of Significant Accounting Policies (Policies)	Jul. 29, 2017
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Genesco Inc. and its subsidiaries (collectively, the "Company") business includes the sourcing and design, 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, Little Burgundy and Johnston & Murphy banners and under the Schuh banner in the United Kingdom, the Republic of Ireland and Germany; through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, shibyjourneys.com, schuh.co.uk, littleburgundyshoes.com, johnstonmurphy.com and trask.com, 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. The Company's business also includes Lids Sports Group, which operates headwear and accessory stores in the U.S., Puerto Rico 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, lidsclubhouse.com and neweracap.com. Including both the footwear businesses and the Lids Sports Group business, at July 29, 2017, the Company operated 2,745 retail stores and leased departments in the U.S., Puerto Rico, Canada, the United Kingdom, the Republic of Ireland and Germany. During the six months ended July 29, 2017 and July 30, 2016, the Company operated five reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz, Shi by Journeys and Little Burgundy retail footwear chains, e-commerce and catalog operations; (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 H. S. Trask^® brands; and (v) Licensed Brands, comprised of Dockers^® Footwear, sourced and marketed under a license from Levi Strauss & Company; SureGrip^®Footwear, which was sold in Note 1 Summary of Significant Accounting Policies, Continued the fourth quarter of Fiscal 2017; G.H. Bass Footwear operated under a license from G-III Apparel Group, Ltd.; and other brands.
Principles of Consolidation	Principles of Consolidation All subsidiaries are consolidated in the Condensed Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated.
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 indefinitely 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 July 29, 2017, January 28, 2017 and July 30, 2016. Cash equivalents are highly-liquid financial instruments having an original maturity of three months or less. At July 29, 2017, 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 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	Concentration of Credit Risk and Allowances on Accounts Receivable The Company’s footwear wholesale businesses sell primarily to department stores and independent retailers 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. In the footwear wholesale businesses, one customer accounted for 19% and one customer accounted for 10% of the Company’s total trade receivables balance, while no other customer accounted for more than 9% of the Company’s total trade receivables balance as of July 29, 2017.
Leases	Leases 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.
Fair Value of Financial Instruments	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.
Selling and Administrative Expenses	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.
Gift Cards	Gift Cards Gift card breakage is recognized in revenues each period for which financial statements are updated.
Buying, Merchandising and Occupancy Costs	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.
Advertising Costs	Advertising Costs Advertising costs are predominantly expensed as incurred. Advertising costs were $16.9 million and $15.7 million for the second quarters of Fiscal 2018 and Fiscal 2017, respectively, and $36.5 million and $32.4 million for the first six months of Fiscal 2018 and 2017, 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.
Foreign Currency Translation	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 Note 1 Summary of Significant Accounting Policies, Continued from such translation are included as a separate component of accumulated other comprehensive loss within shareholders' equity.
Other Comprehensive Income	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.
New Accounting Pronouncements	New Accounting Pronouncements New Accounting Pronouncements Recently Adopted In January 2017, the FASB issued ASU 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” ASU 2017-04 simplifies the measurement of goodwill by eliminating the second step from the goodwill impairment test, which requires the comparison of the implied fair value of goodwill with the current carrying amount of goodwill. Instead, under the amendments in this guidance, an entity shall perform a goodwill impairment test by comparing the fair value of each reporting unit with its carrying amount and an impairment charge is to be recorded for the amount, if any, in which the carrying value exceeds the reporting unit’s fair value. This guidance should be applied prospectively and is effective for public business entities that are United States Securities and Exchange Commission filers for fiscal years beginning after December 15, 2019, with early adoption permitted for interim or annual goodwill impairment tests performed after January 1, 2017. The Company adopted ASU 2017-04 in the first quarter of Fiscal 2018, and it did not have a material impact on its Consolidated Financial Statements and related disclosures. In March 2016, the FASB issued ASU 2016-09, “Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). The update addresses several aspects of the accounting for share-based compensation transactions including: (a) income tax consequences when awards vest or are settled, (b) classification of awards as either equity or liabilities, (c) a policy election to account for forfeitures as they occur rather than on an estimated basis and (d) classification of excess tax impacts on the statement of cash flows. The inclusion of excess tax benefits and deficiencies as a component of the Company's income tax expense will increase volatility within its provision for income taxes as the amount of excess tax benefits or deficiencies from share-based compensation awards is dependent on the Company's stock price at the date the awards are exercised or settled which is primarily in the second quarter of each fiscal year. The Company adopted ASU 2016-09 in the first quarter of Fiscal 2018. Earnings per share decreased $0.11 per share for the second quarter and six months ended July 29, 2017 due to the impact of ASU 2016-09. The Company reclassified $3.4 million from operating activities to financing activities on the Condensed Consolidated Statements of Cash Flows for both the second quarter and six months ended July 30, 2016 representing the value of the shares withheld for taxes on the vesting of restricted stock. If the Company had adopted the standard in Fiscal 2017, reported earnings per share would have decreased $0.03 per share for Fiscal 2017. In November 2015, the FASB issued ASU 2015-17, "Balance Sheet Classification of Deferred Taxes". ASU 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 Company adopted ASU 2015-17 in the first quarter of Fiscal 2018 under the retrospective approach and, as such, the Company reclassified $21.2 million and $28.1 million of deferred taxes from current to noncurrent on its Consolidated Balance Sheets as of January 28, 2017 and July 30, 2016, respectively. Note 1 Summary of Significant Accounting Policies, Continued In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." ASU 2015-11 requires an entity that determines the cost of inventory by methods other than last-in, first-out and the retail inventory method to measure inventory at the lower of cost and net realizable value. The Company adopted ASU 2015-11 in the first quarter of Fiscal 2018 and it did not have a material impact on its Consolidated Financial Statements and related disclosures. New Accounting Pronouncements Not Yet Adopted In March 2017, the FASB issued ASU 2017-07, "Compensation - Retirement Benefits (Topic 715)". The standard requires the sponsors of benefit plans to present service cost in the same line item or items as other current employee compensation costs, and present the remaining components of net benefit cost in one or more separate line items outside of income from operations, while also limiting the components of net benefit cost eligible to be capitalized to service cost. The standard is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted. The Company does not expect the adoption of this standard to have a material impact on its Consolidated Financial Statements and related disclosures. The standard will require the Company to present the non-service pension costs as a component of expense below operating income. In February 2016, the FASB issued ASU 2016-02, "Leases". The standard's core principle is to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information. The standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, which would be the beginning of our Fiscal 2020 or February 2019. Early adoption is permitted. The Company is currently assessing the impact the adoption of ASU 2016-02 will have on its Consolidated Financial Statements and related disclosures and is expecting a material impact because the Company is party to a significant number of lease contracts. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)". ASU 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. 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 was originally 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, which would be the beginning of our Fiscal 2019 or February 2018. 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). Based on an evaluation of the standard as a whole, the Company has identified timing of catalog costs, timing of gift card breakage and customer incentives as the areas that will most likely be affected by the new revenue recognition guidance. The Company continues to evaluate the adoption of this standard, including the transition method, and will provide Note 1 Summary of Significant Accounting Policies, Continued updates throughout the remainder of Fiscal 2018 related to the expected impact of adopting this standard.

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jul. 29, 2017

Accounting Policies [Abstract]

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

The carrying amounts and fair values of the Company’s financial instruments at July 29, 2017 and January 28, 2017 are as follows:



Fair Values
In thousands	July 29, 2017				January 28, 2017
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
U.S. Credit Facility Borrowings	$	162,251	$	163,620	$	49,879	$	50,396
UK Term Loans	11,821		12,025		19,230		19,541
UK Revolver Borrowings	16,802		17,071		13,796		13,956

Components of accumulated other comprehensive loss

The following table summarizes the components of accumulated other comprehensive loss for the six months ended July 29, 2017:



	Foreign Currency Translation			Unrecognized Pension/Postretirement Benefit Costs			Total Accumulated Other Comprehensive Income (Loss)
(In thousands)
Balance January 28, 2017	$	(40,329	)	$	(10,963	)	$	(51,292	)
Other comprehensive income (loss) before reclassifications:
Foreign currency translation adjustment	6,790			—			6,790
Gain on intra-entity foreign currency transactions
(long-term investment nature)	1,395			—			1,395
Amounts reclassified from AOCI:
Amortization of net actuarial loss (1)	—			493			493
Income tax expense	—			192			192
Current period other comprehensive income, net of tax	8,185			301			8,486
Balance July 29, 2017	$	(32,144	)	$	(10,662	)	$	(42,806	)

(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 and Sale of Business (Tables)

6 Months Ended

Jul. 29, 2017

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)	Jul. 29, 2017			Jan. 28, 2017			Jul. 29, 2017			Jan. 28, 2017			Jul. 29, 2017			Jan. 28, 2017			Jul. 29, 2017			Jan. 28, 2017
Gross other intangibles	$	14,820		$	14,625		$	2,024		$	1,958		$	2,070		$	2,009		$	18,914		$	18,592
Accumulated amortization	(13,317		)	(12,938		)	(2,024		)	(1,956		)	(1,444		)	(1,306		)	(16,785		)	(16,200		)
Net Other Intangibles	$	1,503		$	1,687		$	—		$	2		$	626		$	703		$	2,129		$	2,392

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

Asset Impairments and Other Charges and Discontinued Operations (Tables)

6 Months Ended

Jul. 29, 2017

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 January 30, 2016	$	15,619
Additional provision Fiscal 2017	701
Charges and adjustments, net	(11,277		)
Balance January 28, 2017	5,043
Additional provision Fiscal 2018	303
Charges and adjustments, net	(1,522		)
Balance July 29, 2017*	3,824
Current provision for discontinued operations	2,111
Total Noncurrent Provision for Discontinued Operations	$	1,713

*Includes a $3.2 million environmental provision, including $2.1 million in current provision for discontinued operations.

Inventories (Tables)

6 Months Ended

Jul. 29, 2017

Inventory Disclosure [Abstract]

Inventories



In thousands	July 29, 2017		January 28, 2017
Raw materials	$	—	$	389
Wholesale finished goods	55,442		61,575
Retail merchandise	614,662		501,713
Total Inventories	$	670,104	$	563,677

Fair Value (Tables)

6 Months Ended

Jul. 29, 2017

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value on nonrecurring basis



	Long-Lived Assets Held and Used		Level 1		Level 2		Level 3		Total Losses
Measured as of April 29, 2017	$	14	$	—	$	—	$	14	$	119
Measured as of July 29, 2017	—		—		—		—		58
Sub-total asset impairment YTD									$	177

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details

Defined Benefit Pension Plans and Other Benefit Plans (Tables)

6 Months Ended

Jul. 29, 2017

Retirement Benefits [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	July 29, 2017			July 30, 2016			July 29, 2017		July 30, 2016
Service cost	$	137		$	137		$	231	$	165
Interest cost	818			1,028			90		66
Expected return on plan assets	(1,125		)	(1,410		)	—		—
Amortization:
Losses	207			195			34		25
Net amortization	207			195			34		25
Net Periodic Benefit Cost (Gain)	$	37		$	(50	)	$	355	$	256



Components of Net Periodic Benefit Cost


	Pension Benefits						Other Benefits
	Six Months Ended						Six Months Ended
In thousands	July 29, 2017			July 30, 2016			July 29, 2017		July 30, 2016
Service cost	$	275		$	275		$	440	$	330
Interest cost	1,642			2,062			175		132
Expected return on plan assets	(2,255		)	(2,822		)	—		—
Amortization:
Losses	422			421			72		50
Net amortization	422			421			72		50
Net Periodic Benefit Cost (Gain)	$	84		$	(64	)	$	687	$	512

Earnings Per Share (Tables)

6 Months Ended

Jul. 29, 2017

Earnings Per Share [Abstract]

Summary of basic and diluted earnings per share



	For the Three Months Ended							For the Three Months Ended
	July 29, 2017							July 30, 2016
(In thousands, except per share amounts)	Income (Numerator)			Shares (Denominator)	Per Share Amount			Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings (loss) from continuing operations	$	(3,875	)					$	14,504

Basic EPS from continuing operations
Income (loss) available to
common shareholders	(3,875		)	19,152	$	(0.20	)	14,504		20,195	$	0.72

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards⁽¹⁾				—						11
Employees' preferred stock⁽²⁾				—						38

Diluted EPS from continuing operations
Income (loss) available to common
shareholders plus assumed
conversions	$	(3,875	)	19,152	$	(0.20	)	$	14,504	20,244	$	0.72

(1) Due to the loss from continuing operations, restricted share-based awards are excluded from the diluted earnings per share calculation for the second quarter ended July 29, 2017.

Note 7

Earnings Per Share, Continued



	For the Six Months Ended							For the Six Months Ended
	July 29, 2017							July 30, 2016
(In thousands, except per share amounts)	Income (Numerator)			Shares (Denominator)	Per Share Amount			Income (Numerator)		Shares (Denominator)	Per Share Amount

Earnings (loss) from continuing operations	$	(2,878	)					$	25,068

Basic EPS from continuing operations
Income (loss) available to
common shareholders	(2,878		)	19,171	$	(0.15	)	25,068		20,505	$	1.22

Effect of Dilutive Securities from continuing operations
Dilutive share-based awards⁽¹⁾				—						74
Employees' preferred stock⁽²⁾				—						38

Diluted EPS from continuing operations
Income (loss) available to common
shareholders plus assumed
conversions	$	(2,878	)	19,171	$	(0.15	)	$	25,068	20,617	$	1.22

(1) Due to the loss from continuing operations, restricted share-based awards are excluded from the diluted earnings per share calculation for the six months ended July 29, 2017.

(2) The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Due to the loss from continuing operations, these shares are not assumed to be converted for the six months ended July 29, 2017. Because no dividends are paid on this stock, these shares are assumed to be converted in the diluted earnings per share calculation for the six months ended July 30, 2016.

Business Segment Information (Tables)

6 Months Ended

Jul. 29, 2017

Segment Reporting [Abstract]

Segment reporting information by segment



Three Months Ended
July 29, 2017	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	$	258,953		$	97,625	$	180,230	$	64,860	$	14,696		$	141		$	616,505
Intercompany Sales	—			—		—		—		1			—			1
Net sales to external customers	$	258,953		$	97,625	$	180,230	$	64,860	$	14,697		$	141		$	616,506
Segment operating income (loss)	$	(2,194	)	$	4,538	$	3,040	$	1,547	$	(1,051	)	$	(7,832	)	$	(1,952	)
Asset Impairments and other*	—			—		—		—		—			(58		)	(58		)
Earnings (loss) from operations	(2,194		)	4,538		3,040		1,547		(1,051		)	(7,890		)	(2,010		)
Interest expense	—			—		—		—		—			(1,255		)	(1,255		)
Interest income	—			—		—		—		—			6			6
Earnings (loss) from continuing operations before income taxes	$	(2,194	)	$	4,538	$	3,040	$	1,547	$	(1,051	)	$	(9,139	)	$	(3,259	)
Total assets**	$	511,456		$	235,408	$	549,825	$	127,478	$	32,610		$	140,736		$	1,597,513
Depreciation and amortization***	6,308			3,383		6,732		1,578		170			759			18,930
Capital expenditures	24,656			2,673		9,841		1,454		84			(1,698		)	37,010

*Asset Impairments and other includes a $0.1 million charge for asset impairments, which relates to Journeys Group and Lids Sports Group equally.

***Includes $18.8 million in depreciation expense for the three months ended July 29, 2017.

Note 9

Business Segment Information, Continued



Three Months Ended
July 30, 2016	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	$	252,134	96,960		$	188,912	$	65,151	$	22,673		$	300		$	626,130
Intercompany Sales	—		—		—		—		(573		)	—			(573		)
Net sales to external customers	$	252,134	$	96,960	$	188,912	$	65,151	$	22,100		$	300		$	625,557
Segment operating income (loss)	$	4,481	$	5,693	$	7,132	$	2,255	$	234		$	(7,720	)	$	12,075
Asset Impairments and other*	—		—		—		—		—			7,945			7,945
Earnings (loss) from operations	4,481		5,693		7,132		2,255		234			225			20,020
Gain on sale of Lids Team Sports	—		—		—		—		—			2,485			2,485
Interest expense	—		—		—		—		—			(1,316		)	(1,316		)
Interest income	—		—		—		—		—			10			10
Earnings (loss) from continuing operations before income taxes	$	4,481	$	5,693	$	7,132	$	2,255	$	234		$	1,404		$	21,199
Total assets**	$	451,154	232,812		$	545,216	$	128,487	$	47,071		$	173,917		$	1,578,657
Depreciation and amortization***	5,950		3,809		6,592		1,483		257			1,018			19,109
Capital expenditures	15,632		3,566		731		3,183		196			38			23,346

***Includes $18.9 million in depreciation expense for the three months ended July 30, 2016.

Note 9

Business Segment Information, Continued



Six Months Ended
July 29, 2017	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	$	543,072	$	174,081	$	357,131	$	137,653	$	47,707	$	230		$	1,259,874
Intercompany Sales	—		—		—		—		—		—			—
Net sales to external customers	$	543,072	$	174,081	$	357,131	$	137,653	$	47,707	$	230		$	1,259,874
Segment operating income (loss)	$	5,278	$	3,851	$	1,254	$	5,367	$	1,224	$	(16,013	)	$	961
Asset Impairments and other*	—		—		—		—		—		(177		)	(177		)
Earnings (loss) from operations	5,278		3,851		1,254		5,367		1,224		(16,190		)	784
Interest expense	—		—		—		—		—		(2,429		)	(2,429		)
Interest income	—		—		—		—		—		3			3
Earnings (loss) from continuing operations before income taxes	$	5,278	$	3,851	$	1,254	$	5,367	$	1,224	$	(18,616	)	$	(1,642	)
Total assets**	$	511,456	$	235,408	$	549,825	$	127,478	$	32,610	$	140,736		$	1,597,513
Depreciation and amortization***	12,823		6,747		13,669		3,144		337		1,826			38,546
Capital expenditures	43,851		5,431		14,972		2,511		161		410			67,336

*Asset Impairments and other includes a $0.2 million charge for asset impairments, which relates to Journeys Group and Lids Sports Group equally.

**Total assets for the Lids Sports Group, Schuh Group and Journeys Group include $182.3 million, $83.5 million and $10.4 million of goodwill, respectively. Goodwill for the Lids Sports Group, Schuh Group and Journeys Group increased by $0.7 million, $3.7 million and $0.6 million, respectively, from January 28, 2017, due to foreign currency translation adjustments. Of the Company's $362.3 million of property and equipment, $55.8 million and $23.0 million relate to property and equipment in the United Kingdom and Canada, respectively.

***Includes $38.4 million in depreciation expense for the six months ended July 29, 2017.

Note 9

Business Segment Information, Continued



Six Months Ended
July 30, 2016	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	546,355		172,630		368,288		135,126		52,317			385			$	1,275,101
Intercompany Sales	—		—		—		—		(751		)	—			(751		)
Net sales to external customers	$	546,355	$	172,630	$	368,288	$	135,126	$	51,566		$	385		$	1,274,350
Segment operating income (loss)	24,101		3,032		13,169		7,097		2,087			(15,957		)	$	33,529
Asset Impairments and other*	—		—		—		—		—			4,388			4,388
Earnings (loss) from operations	24,101		3,032		13,169		7,097		2,087			(11,569		)	37,917
Gain on sale of Lids Team Sports	—		—		—		—		—			2,485			2,485
Interest expense	—		—		—		—		—			(2,479		)	(2,479		)
Interest income	—		—		—		—		—			36			36
Earnings (loss) from continuing operations before income taxes	$	24,101	$	3,032	$	13,169	$	7,097	$	2,087		$	(11,527	)	$	37,959
Total assets**	451,154		232,812		545,216		128,487		47,071			173,917			$	1,578,657
Depreciation and amortization***	12,012		7,494		12,935		2,947		507			2,028			37,923
Capital expenditures	22,929		6,407		5,609		5,178		348			232			40,703

***Includes $37.4 million in depreciation expense for the six months ended July 30, 2016.

Summary of Significant Accounting Policies - Additional Information (Details) $ / shares in Units, $ in Thousands	3 Months Ended			6 Months Ended			12 Months Ended
	Jul. 29, 2017 USD ($)	Jul. 30, 2016 USD ($) $ / shares	Aug. 01, 2015 USD ($)	Jul. 29, 2017 USD ($) segment store	Jul. 30, 2016 USD ($) segment $ / shares	Aug. 01, 2015 USD ($)	Jan. 28, 2017 USD ($) $ / shares	Apr. 29, 2017 USD ($)	Apr. 30, 2016 USD ($)	Jan. 30, 2016 USD ($)
Summary of Accounting Policies [Line Items]
Total number of retail stores operated by company \| store				2,745
Number of reportable business segments \| segment				5	5
Cash and cash equivalents	$ 43,520	$ 41,466		$ 43,520	$ 41,466		$ 48,301	$ 43,371	$ 42,750	$ 133,288
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	37,300	39,200		$ 37,300	39,200		36,700
Tenant allowances	27,000	25,400		27,000	25,400		25,400
Deferred rent	55,400	49,700		55,400	49,700		51,900
Asset retirement obligations	10,900	10,400		10,900	10,400		10,300
Wholesale costs of distribution	1,200	1,400		2,800	3,000
Revenue recognition, gift cards, breakage	100	100		400	300
Accrued liability for gift cards	15,600	15,000		15,600	15,000		17,700
Advertising costs	16,900	15,700		36,500	32,400
Prepaid advertising	3,700	1,600		3,700	1,600		1,200
Cooperative advertising costs	600	700		1,800	1,700
Vendor reimbursements of cooperative advertising costs	1,700	1,400		4,400	2,700
Loss (gain) from foreign currency transactions	200	(500)		500	(1,500)
Stockholders' equity, including portion attributable to noncontrolling interest	$ (916,897)	$ (886,919)		$ (916,897)	$ (886,919)		(922,521)			$ (956,783)
Effective income tax rate	(18.90%)	31.60%		(75.30%)	34.00%
Income tax expense	$ 616	$ 6,695		$ 1,236	$ 12,891
Return to provision adjustment	500			500
Cash flows from operating activities	6,797	(15,495)		24,779	(34,060)
Cash flow provided by financing activities	43,495	8,015		86,650	(83,983)
Deferred income tax assets, net	11,918	27,015		11,918	27,015		13,372
Selling, General and Administrative Expenses
Summary of Accounting Policies [Line Items]
Retail occupancy costs	114,100	$ 112,200		227,400	$ 223,400
Accounting Standards Update 2016-09
Summary of Accounting Policies [Line Items]
Income tax expense	2,200			2,200
Earnings per share (in dollars per share) \| $ / shares		$ (0.11)			$ (0.11)
Cash flows from operating activities			$ 3,400			$ 3,400
Cash flow provided by financing activities			$ 3,400			$ 3,400
Accounting Standards Update 2015-07
Summary of Accounting Policies [Line Items]
Deferred tax assets, net, current		$ 28,100			$ 28,100		21,200
Deferred income tax assets, net		28,100			28,100		21,200
Foreign Currency Translation
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	32,144			32,144			40,329
Unrecognized Pension/Postretirement Benefit Costs
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	10,662			10,662			10,963
Foreign Subsidiaries
Summary of Accounting Policies [Line Items]
Cash and cash equivalents	14,800	$ 11,800		14,800	$ 11,800		$ 22,900
Cumulative Pension Liability Adjustment \| Unrecognized Pension/Postretirement Benefit Costs
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	9,200			9,200
Cumulative Post-Retirement Liability Adjustment \| Unrecognized Pension/Postretirement Benefit Costs
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	$ 1,500			$ 1,500
Pro Forma \| Accounting Standards Update 2016-09
Summary of Accounting Policies [Line Items]
Earnings per share (in dollars per share) \| $ / shares							$ (0.03)
Customer Concentration Risk \| Major Customer One \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage				19.00%
Customer Concentration Risk \| Major Customer Two \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage				10.00%
Customer Concentration Risk \| Other Major Customer \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk benchmark percentage				9.00%

Summary of Significant Accounting Policies - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017
Borrowings \| U.S. Credit Facility Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 162,251	$ 49,879
Fair Value	163,620	50,396
Borrowings \| UK Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	16,802	13,796
Fair Value	17,071	13,956
Term Loans \| UK Term Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	11,821	19,230
Fair Value	$ 12,025	$ 19,541

Summary of Significant Accounting Policies - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016	Jan. 28, 2017
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance			$ 922,521	$ 956,783	$ 956,783
Amounts reclassified from AOCI:
Income tax expense			192
Total other comprehensive income (loss)	$ 6,141	$ (13,243)	8,486	(4,492)	(8,679)
Ending Balance	916,897	$ 886,919	916,897	886,919	922,521
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance			(40,329)
Amounts reclassified from AOCI:
Income tax expense			0
Total other comprehensive income (loss)			8,185
Ending Balance	(32,144)		(32,144)		(40,329)
Accumulated Foreign Currency Adjustment Attributable to Parent, Excluding Intra-Entity Transactions
Other comprehensive income (loss) before reclassifications:
Other comprehensive income (loss) before reclassifications			6,790
Accumulated Foreign Currency Adjustment Attributable to Parent, Intra-Entity Transactions
Other comprehensive income (loss) before reclassifications:
Other comprehensive income (loss) before reclassifications			1,395
Unrecognized Pension/Postretirement Benefit Costs
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance			(10,963)
Amounts reclassified from AOCI:
Amortization of net actuarial loss			493
Income tax expense			192
Total other comprehensive income (loss)			301
Ending Balance	(10,662)		(10,662)		(10,963)
Total Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance			(51,292)	$ (42,613)	(42,613)
Amounts reclassified from AOCI:
Total other comprehensive income (loss)			8,486		(8,679)
Ending Balance	$ (42,806)		$ (42,806)		$ (51,292)

Intangible Assets and Sale of Business - Net Other Intangibles (Details) - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017	Jul. 30, 2016
Finite-Lived Intangible Assets [Line Items]
Gross other intangibles	$ 18,914	$ 18,592
Accumulated amortization	(16,785)	(16,200)	$ (16,303)
Net Other Intangibles	2,129	2,392	$ 3,123
Leases
Finite-Lived Intangible Assets [Line Items]
Gross other intangibles	14,820	14,625
Accumulated amortization	(13,317)	(12,938)
Net Other Intangibles	1,503	1,687
Customer Lists
Finite-Lived Intangible Assets [Line Items]
Gross other intangibles	2,024	1,958
Accumulated amortization	(2,024)	(1,956)
Net Other Intangibles	0	2
Other
Finite-Lived Intangible Assets [Line Items]
Gross other intangibles	2,070	2,009
Accumulated amortization	(1,444)	(1,306)
Net Other Intangibles	$ 626	$ 703

Intangible Assets and Sale of Business - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangibles assets	$ 0	$ 200	$ 100	$ 500
Future amortization expense, fiscal 2018	200		200
Future amortization expense, fiscal 2019	100		100
Future amortization expense, fiscal 2020	0		0
Future amortization expense, fiscal 2021	0		0
Future amortization expense, fiscal 2022	0		0
Gain on sale of Lids Team Sports	$ 0	$ 2,485	$ 0	$ 2,485

Asset Impairments and Other Charges and Discontinued Operations - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Restructuring Cost and Reserve [Line Items]
Charges (gains) on asset impairments and other	$ 58	$ (7,945)	$ 177	$ (4,388)
Retail Store Asset Impairments
Restructuring Cost and Reserve [Line Items]
Charges (gains) on asset impairments and other	$ 100	1,000	$ 200	4,500
Computer Network Intrusion
Restructuring Cost and Reserve [Line Items]
Charges (gains) on asset impairments and other		$ (9,000)		(8,900)
Other Legal Matters
Restructuring Cost and Reserve [Line Items]
Charges (gains) on asset impairments and other				$ 100

Asset Impairments and Other Charges and Discontinued Operations - Schedule of Accrued Provision for Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016	Jan. 28, 2017
Accrued Provision for Discontinued Operations
Additional provision	$ 119	$ (120)	$ 303	$ 132
Current provision for discontinued operations	2,111	13,249	2,111	13,249	$ 3,330
Total Noncurrent Provision for Discontinued Operations	1,713	$ 1,713	1,713	1,713	1,713
Facility Shutdown Costs
Accrued Provision for Discontinued Operations
Balance at beginning of period			5,043	$ 15,619	15,619
Additional provision			303		701
Charges and adjustments, net			(1,522)		(11,277)
Balance at end of period	3,824		3,824		$ 5,043
Current provision for discontinued operations	2,111		2,111
Total Noncurrent Provision for Discontinued Operations	$ 1,713		1,713
Environmental provision			3,200
Current provision for discontinued operations			$ 2,100

Inventories (Details) - USD ($) $ in Thousands	Jul. 29, 2017	Jan. 28, 2017	Jul. 30, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 0	$ 389
Wholesale finished goods	55,442	61,575
Retail merchandise	614,662	501,713
Total Inventories	$ 670,104	$ 563,677	$ 663,708

Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
Fair Value (Details) - USD ($) $ in Thousands	Jul. 29, 2017	Apr. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Company's assets and liabilities measured at fair value on a nonrecurring basis
Total Losses	$ 58		$ 1,017	$ 177	$ 4,453
Fair Value Measurements Nonrecurring
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	0	$ 14		0
Total Losses	58	119
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
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
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	$ 0	$ 14		$ 0

Defined Benefit Pension Plans and Other Benefit Plans (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016	Jan. 28, 2017
Pension Benefits
Components of Net Periodic Benefit Cost
Service cost	$ 137,000	$ 137,000	$ 275,000	$ 275,000
Interest cost	818,000	1,028,000	1,642,000	2,062,000
Expected return on plan assets	(1,125,000)	(1,410,000)	(2,255,000)	(2,822,000)
Amortization:
Losses	207,000	195,000	422,000	421,000
Net amortization	207,000	195,000	422,000	421,000
Net Periodic Benefit Cost (Gain)	37,000	(50,000)	84,000	(64,000)
Contribution required					$ 0
Other Benefits
Components of Net Periodic Benefit Cost
Service cost	231,000	165,000	440,000	330,000
Interest cost	90,000	66,000	175,000	132,000
Expected return on plan assets	0	0	0	0
Amortization:
Losses	34,000	25,000	72,000	50,000
Net amortization	34,000	25,000	72,000	50,000
Net Periodic Benefit Cost (Gain)	$ 355,000	$ 256,000	$ 687,000	$ 512,000

Earnings Per Share - Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016
Earnings Per Share [Abstract]
Earnings (loss) from continuing operations	$ (3,875)	$ 14,504	$ (2,878)	$ 25,068
Basic EPS from continuing operations
Income (loss) available to common shareholders, income (numerator)	$ (3,875)	$ 14,504	$ (2,878)	$ 25,068
Income (loss) available to common shareholders, shares (denominator) (in shares)	19,152,000	20,195,000	19,171,000	20,505,000
Income (loss) available to common shareholders, per-share amount (in dollars per share)	$ (0.20)	$ 0.72	$ (0.15)	$ 1.22
Effect of Dilutive Securities from continuing operations
Dilutive share-based awards, shares (denominator) (in shares)	0	11,000	0	74,000
Employees' preferred stock, shares (denominator) (in shares)	0	38,000	0	38,000
Diluted EPS from continuing operations
Income (loss) available to common shareholders plus assumed conversions, income (numerator)	$ (3,875)	$ 14,504	$ (2,878)	$ 25,068
Income (loss) available to common shareholders plus assumed conversions, shares (denominator) (in shares)	19,152,000	20,244,000	19,171,000	20,617,000
Income (loss) available to common shareholders plus assumed conversions, per-share amount (in dollars per share)	$ (0.20)	$ 0.72	$ (0.15)	$ 1.22
Common convertible ratio (in shares)	1	1	1	1

Earnings Per Share - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016	Jan. 28, 2017
Earnings Per Share [Abstract]
Stock repurchased during period (in shares)	0	309,105	275,300	1,409,005
Stock repurchased during period, value		$ 20,000,000	$ 16,163,000	$ 93,400,000	$ 133,263,000
Stock repurchase program, remaining authorized repurchase amount	$ 24,000,000		24,000,000
Stock repurchase program, authorized amount	$ 100,000,000		$ 100,000,000

Legal Proceedings (Details)	1 Months Ended			3 Months Ended		6 Months Ended
Legal Proceedings (Details)	Feb. 28, 2017 USD ($)	Aug. 31, 2016 USD ($)	Jun. 30, 2016 USD ($)	Jul. 29, 2017 USD ($) Well	Jul. 30, 2016 USD ($)	Jul. 29, 2017 USD ($) Well	Jul. 30, 2016 USD ($)	May 19, 2017 employee	Jan. 28, 2017 USD ($)	Apr. 30, 2015 USD ($)
Loss Contingencies [Line Items]
Future operation and maintenance costs						$ 126,400
Amount related to outstanding environmental contingencies				$ 3,200,000	$ 14,300,000	3,200,000	$ 14,300,000		$ 4,400,000
Environmental contingency payment		$ 10,000,000
Pretax accrual charges (gains) for environmental contingencies included in provision for discontinued operations				$ 100,000	$ 0	$ 300,000	$ 100,000
Number of former employees seeking legal action \| employee								2
Village of Garden City, New York
Loss Contingencies [Line Items]
Number of water supply wells \| Well				2		2
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
Amount awarded to other party			$ 10,000,000
Environmental Monitoring, Operation and Maintenance Activities \| Village of Garden City, New York \| Minimum
Loss Contingencies [Line Items]
Estimated possible loss				$ 1,700,000		1,700,000
Environmental Monitoring, Operation and Maintenance Activities \| Village of Garden City, New York \| Maximum
Loss Contingencies [Line Items]
Estimated possible loss				2,000,000		2,000,000
EPA Interim Oversight Costs \| Village of Garden City, New York
Loss Contingencies [Line Items]
Estimated possible loss				$ 1,250,000		$ 1,250,000
Response Costs Claimed by the EPA
Loss Contingencies [Line Items]
Estimated possible loss										$ 2,200,000
Amount awarded to other party	$ 1,500,000
Estimated recovery percent from settlement	75.00%
Estimated recovery amount from a third party	$ 500,000

- Definition

Loss Contingency, Estimated Recovery from a Third Party

+ References + Details

- Definition

Loss Contingency, Estimated Recovery from a Third Party, Percent

+ References + Details

Business Segment Information - Additional Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017 USD ($)	Jul. 30, 2016 USD ($)	Jul. 29, 2017 USD ($) segment	Jul. 30, 2016 USD ($) segment	Jan. 28, 2017 USD ($)
Segment Reporting Information [Line Items]
Number of reportable business segments \| segment			5	5
Asset impairments and other, net	$ 58	$ (7,945)	$ 177	$ (4,388)
Goodwill	276,209	277,028	276,209	277,028	$ 271,222
Property and equipment	362,300	321,200	362,300	321,200
United Kingdom
Segment Reporting Information [Line Items]
Property and equipment	55,800	60,200	55,800	60,200
Canada
Segment Reporting Information [Line Items]
Property and equipment	23,000	20,200	23,000	20,200
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net	100	1,000	200	4,500
Other Legal Matters
Segment Reporting Information [Line Items]
Asset impairments and other, net				100
Computer Network Intrusion
Segment Reporting Information [Line Items]
Asset impairments and other, net		(9,000)		(8,900)
Lids Sports Group
Segment Reporting Information [Line Items]
Asset impairments and other, net		1,000
Goodwill	182,300	181,800	182,300	181,800
Goodwill, Period Increase (Decrease)				900
Increase (decrease) in goodwill	700	900	700
Lids Sports Group \| Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net				4,400
Corporate & Other \| Other Legal Matters
Segment Reporting Information [Line Items]
Asset impairments and other, net				100
Corporate & Other \| Computer Network Intrusion
Segment Reporting Information [Line Items]
Asset impairments and other, net				(8,900)
Schuh Group
Segment Reporting Information [Line Items]
Goodwill	83,500	84,500	83,500	84,500
Increase (decrease) in goodwill	3,700	(5,800)	3,700	500
Journeys Group
Segment Reporting Information [Line Items]
Goodwill	10,400	9,900	10,400	9,900
Increase (decrease) in goodwill	600	500	600	(5,800)
Journeys Group \| Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net				100
Licensed Brands
Segment Reporting Information [Line Items]
Goodwill		800		800
Operating Segments
Segment Reporting Information [Line Items]
Depreciation expense	$ 18,800	$ 18,900	$ 38,400	$ 37,400

Business Segment Information - Schedule of Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 29, 2017	Jul. 30, 2016	Jul. 29, 2017	Jul. 30, 2016	Jan. 28, 2017
Segment Reporting Information [Line Items]
Sales	$ 616,506	$ 625,557	$ 1,259,874	$ 1,274,350
Earnings (loss) from operations	(2,010)	20,020	784	37,917
Asset impairments and other	(58)	7,945	(177)	4,388
Gain on sale of Lids Team Sports	0	2,485	0	2,485
Interest expense	(1,255)	(1,316)	(2,429)	(2,479)
Interest income	6	10	3	36
Earnings (loss) from continuing operations before income taxes	(3,259)	21,199	(1,642)	37,959
Total assets	1,597,513	1,578,657	1,597,513	1,578,657	$ 1,440,999
Depreciation and amortization	18,930	19,109	38,546	37,923
Capital expenditures	37,010	23,346	67,336	40,703
Journeys Group
Segment Reporting Information [Line Items]
Sales	258,953	252,134	543,072	546,355
Earnings (loss) from operations	(2,194)	4,481	5,278	24,101
Schuh Group
Segment Reporting Information [Line Items]
Sales	97,625	96,960	174,081	172,630
Earnings (loss) from operations	4,538	5,693	3,851	3,032
Lids Sports Group
Segment Reporting Information [Line Items]
Sales	180,230	188,912	357,131	368,288
Earnings (loss) from operations	3,040	7,132	1,254	13,169
Asset impairments and other		(1,000)
Johnston & Murphy Group
Segment Reporting Information [Line Items]
Sales	64,860	65,151	137,653	135,126
Earnings (loss) from operations	1,547	2,255	5,367	7,097
Licensed Brands
Segment Reporting Information [Line Items]
Sales	14,697	22,100	47,707	51,566
Earnings (loss) from operations	(1,051)	234	1,224	2,087
Corporate & Other
Segment Reporting Information [Line Items]
Sales	141	300	230	385
Earnings (loss) from operations	(7,890)	225	(16,190)	(11,569)
Operating Segments
Segment Reporting Information [Line Items]
Sales	616,505	626,130	1,259,874	1,275,101
Earnings (loss) from operations	(1,952)	12,075	961	33,529
Gain on sale of Lids Team Sports		2,485		2,485
Interest expense	(1,255)	(1,316)	(2,429)	(2,479)
Interest income	6	10	3	36
Earnings (loss) from continuing operations before income taxes	(3,259)	21,199	(1,642)	37,959
Total assets	1,597,513	1,578,657	1,597,513	1,578,657
Depreciation and amortization	18,930	19,109	38,546	37,923
Capital expenditures	37,010	23,346	67,336	40,703
Operating Segments \| Journeys Group
Segment Reporting Information [Line Items]
Sales	258,953	252,134	543,072	546,355
Earnings (loss) from operations	(2,194)	4,481	5,278	24,101
Gain on sale of Lids Team Sports		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	(2,194)	4,481	5,278	24,101
Total assets	511,456	451,154	511,456	451,154
Depreciation and amortization	6,308	5,950	12,823	12,012
Capital expenditures	24,656	15,632	43,851	22,929
Operating Segments \| Schuh Group
Segment Reporting Information [Line Items]
Sales	97,625	96,960	174,081	172,630
Earnings (loss) from operations	4,538	5,693	3,851	3,032
Gain on sale of Lids Team Sports		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	4,538	5,693	3,851	3,032
Total assets	235,408	232,812	235,408	232,812
Depreciation and amortization	3,383	3,809	6,747	7,494
Capital expenditures	2,673	3,566	5,431	6,407
Operating Segments \| Lids Sports Group
Segment Reporting Information [Line Items]
Sales	180,230	188,912	357,131	368,288
Earnings (loss) from operations	3,040	7,132	1,254	13,169
Gain on sale of Lids Team Sports		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	3,040	7,132	1,254	13,169
Total assets	549,825	545,216	549,825	545,216
Depreciation and amortization	6,732	6,592	13,669	12,935
Capital expenditures	9,841	731	14,972	5,609
Operating Segments \| Johnston & Murphy Group
Segment Reporting Information [Line Items]
Sales	64,860	65,151	137,653	135,126
Earnings (loss) from operations	1,547	2,255	5,367	7,097
Gain on sale of Lids Team Sports		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	1,547	2,255	5,367	7,097
Total assets	127,478	128,487	127,478	128,487
Depreciation and amortization	1,578	1,483	3,144	2,947
Capital expenditures	1,454	3,183	2,511	5,178
Operating Segments \| Licensed Brands
Segment Reporting Information [Line Items]
Sales	14,696	22,673	47,707	52,317
Earnings (loss) from operations	(1,051)	234	1,224	2,087
Gain on sale of Lids Team Sports		0		0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	(1,051)	234	1,224	2,087
Total assets	32,610	47,071	32,610	47,071
Depreciation and amortization	170	257	337	507
Capital expenditures	84	196	161	348
Operating Segments \| Corporate & Other
Segment Reporting Information [Line Items]
Sales	141	300	230	385
Earnings (loss) from operations	(7,832)	(7,720)	(16,013)	(15,957)
Gain on sale of Lids Team Sports		2,485		2,485
Interest expense	(1,255)	(1,316)	(2,429)	(2,479)
Interest income	6	10	3	36
Earnings (loss) from continuing operations before income taxes	(9,139)	1,404	(18,616)	(11,527)
Total assets	140,736	173,917	140,736	173,917
Depreciation and amortization	759	1,018	1,826	2,028
Capital expenditures	(1,698)	38	410	232
Intercompany Sales
Segment Reporting Information [Line Items]
Sales	1	(573)	0	(751)
Intercompany Sales \| Journeys Group
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Intercompany Sales \| Schuh Group
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Intercompany Sales \| Lids Sports Group
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Intercompany Sales \| Johnston & Murphy Group
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Intercompany Sales \| Licensed Brands
Segment Reporting Information [Line Items]
Sales	1	(573)	0	(751)
Intercompany Sales \| Corporate & Other
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Asset Impairments and Other
Segment Reporting Information [Line Items]
Asset impairments and other	(58)	7,945	(177)	4,388
Asset Impairments and Other \| Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Asset Impairments and Other \| Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Asset Impairments and Other \| Lids Sports Group
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Asset Impairments and Other \| Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Asset Impairments and Other \| Licensed Brands
Segment Reporting Information [Line Items]
Asset impairments and other	0	0	0	0
Asset Impairments and Other \| Corporate & Other
Segment Reporting Information [Line Items]
Asset impairments and other	$ (58)	$ 7,945	$ (177)	$ 4,388