Designer Brands (DBI) 10-Q 31 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jul. 30, 2022	Aug. 25, 2022
Class of Stock [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 30, 2022
Document Transition Report	false
Entity File Number	1-32545
Entity Registrant Name	DESIGNER BRANDS INC.
Entity Incorporation, State or Country Code	OH
Entity Tax Identification Number	31-0746639
Entity Address, Address Line One	810 DSW Drive,
Entity Address, City or Town	Columbus,
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	43219
City Area Code	614
Local Phone Number	237-7100
Title of 12(b) Security	Class A Common Shares, without par value
Trading Symbol	DBI
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001319947
Current Fiscal Year End Date	--01-28
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Shares
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		56,500,918
Class B Common Shares
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		7,732,743

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
External customer sales	$ 859,319	$ 817,335	$ 1,689,862	$ 1,520,490
Gross profit	295,670	284,681	571,415	500,792
Operating expenses	(228,690)	(224,385)	(452,116)	(425,199)
Income from equity investments	2,435	2,290	4,380	3,998
Impairment charges	(1,816)	(1,174)	(2,888)	(1,174)
Operating profit	67,599	61,412	120,791	78,417
Interest expense, net	(2,752)	(8,072)	(5,704)	(16,886)
Loss on extinguishment of debt and write-off of debt issuance costs	0	0	(12,862)	0
Non-operating income (expenses), net	37	(244)	43	562
Income before income taxes	64,884	53,096	102,268	62,093
Income tax provision	(18,671)	(10,236)	(29,873)	(2,207)
Net income	$ 46,213	$ 42,860	$ 72,395	$ 59,886
Basic and diluted earnings per share:
Basic earnings (loss) per share (USD per share)	$ 0.66	$ 0.59	$ 1.02	$ 0.82
Diluted earnings (loss) per share (USD per share)	$ 0.62	$ 0.55	$ 0.96	$ 0.78
Weighted average shares used in per share calculations:
Basic shares (in shares)	69,604	72,932	71,263	72,773
Diluted shares (in shares)	73,942	77,619	75,369	77,271
Product
External customer sales	$ 859,319	$ 817,335	$ 1,689,862	$ 1,520,490
Cost of sales	$ (563,649)	$ (532,654)	$ (1,118,447)	$ (1,019,698)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 46,213	$ 42,860	$ 72,395	$ 59,886
Other comprehensive income (loss), net-
Foreign currency translation gain (loss)	(63)	(298)	(144)	245
Total comprehensive income	$ 46,150	$ 42,562	$ 72,251	$ 60,131

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021
Current Assets:
Cash and cash equivalents	$ 50,799	$ 72,691	$ 46,458
Receivables, net	204,880	199,826	199,371
Inventories	694,010	586,429	504,316
Prepaid expenses and other current assets	51,558	55,270	53,616
Total current assets	1,001,247	914,216	803,761
Property and equipment, net	242,147	256,786	271,401
Operating lease assets	646,062	647,221	676,665
Goodwill	93,655	93,655	93,655
Intangible assets, net	20,237	15,527	15,905
Equity investments	61,957	55,578	55,149
Other assets	37,134	31,651	29,513
Total assets	2,102,439	2,014,634	1,946,049
Current Liabilities:
Accounts payable	337,543	340,877	299,322
Accrued expenses	210,469	215,812	222,055
Current maturities of long-term debt	0	0	62,500
Current operating lease liabilities	192,130	202,228	190,853
Total current liabilities	740,142	758,917	774,730
Long-term debt	387,441	225,536	184,569
Non-current operating lease liabilities	588,064	593,429	645,136
Other non-current liabilities	25,844	24,356	30,502
Total liabilities	1,741,491	1,602,238	1,634,937
Commitments and contingencies
Shareholders' equity:
Common shares paid-in capital, no par value	1,010,181	1,005,382	998,117
Treasury shares, at cost	(643,563)	(515,065)	(515,065)
Retained deficit	(1,909)	(74,304)	(168,899)
Accumulated other comprehensive loss	(3,761)	(3,617)	(3,041)
Total shareholders' equity	360,948	412,396	311,112
Total liabilities and shareholders' equity	$ 2,102,439	$ 2,014,634	$ 1,946,049

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Equity Statement - USD ($) shares in Thousands, $ in Thousands	Total	Class A Common Shares	Class B Common Shares	Common Stock	Common Stock Class A Common Shares	Common Stock Class B Common Shares	Treasury Shares	Treasury Shares Treasury Shares	Common Shares Paid in Capital	Retained Deficit	Accumulated Other Comprehensive Loss
Common shares, balance (in shares) at Jan. 30, 2021					64,666	7,733
Treasury shares, balance (in shares) at Jan. 30, 2021							22,169
Balance at Jan. 30, 2021	$ 243,017						$ (515,065)		$ 990,153	$ (228,785)	$ (3,286)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	59,886									59,886
Stock-based compensation activity (in shares)					570
Stock-based compensation activity	7,964								7,964
Foreign currency translation adjustment	245										245
Common shares, balance (in shares) at Jul. 31, 2021		65,236	7,733		65,236	7,733
Treasury shares, balance (in shares) at Jul. 31, 2021		22,169	0				22,169
Balance at Jul. 31, 2021	311,112						$ (515,065)		998,117	(168,899)	(3,041)
Common shares, balance (in shares) at May. 01, 2021					65,134	7,733
Treasury shares, balance (in shares) at May. 01, 2021							22,169
Balance at May. 01, 2021	262,812						$ (515,065)		992,379	(211,759)	(2,743)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	42,860									42,860
Stock-based compensation activity (in shares)				102
Stock-based compensation activity	5,738								5,738
Foreign currency translation adjustment	(298)										(298)
Common shares, balance (in shares) at Jul. 31, 2021		65,236	7,733		65,236	7,733
Treasury shares, balance (in shares) at Jul. 31, 2021		22,169	0				22,169
Balance at Jul. 31, 2021	311,112						$ (515,065)		998,117	(168,899)	(3,041)
Common shares, balance (in shares) at Jan. 29, 2022		65,624	7,733		65,624	7,733
Treasury shares, balance (in shares) at Jan. 29, 2022		22,169	0				22,169
Balance at Jan. 29, 2022	412,396						$ (515,065)		1,005,382	(74,304)	(3,617)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	72,395									72,395
Stock-based compensation activity (in shares)					604
Stock-based compensation activity	$ 11,896								11,896
Repurchase of Class A common shares (in shares)					(9,425)
Repurchase of Class A common shares (in shares)	9,400							9,425
Repurchase of Class A common shares	$ (128,498)						$ (128,498)
Dividends	(7,097)								(7,097)
Foreign currency translation adjustment	(144)										(144)
Common shares, balance (in shares) at Jul. 30, 2022		56,803	7,733		56,803	7,733
Treasury shares, balance (in shares) at Jul. 30, 2022		31,594	0				31,594
Balance at Jul. 30, 2022	360,948						$ (643,563)		1,010,181	(1,909)	(3,761)
Common shares, balance (in shares) at Apr. 30, 2022					64,450	7,733
Treasury shares, balance (in shares) at Apr. 30, 2022							23,825
Balance at Apr. 30, 2022	416,793						$ (537,771)		1,006,384	(48,122)	(3,698)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	46,213									46,213
Stock-based compensation activity (in shares)				122
Stock-based compensation activity	7,302								7,302
Repurchase of Class A common shares (in shares)					(7,769)
Repurchase of Class A common shares (in shares)								7,769
Repurchase of Class A common shares	(105,792)						$ (105,792)
Dividends	(3,505)								(3,505)
Foreign currency translation adjustment	(63)										(63)
Common shares, balance (in shares) at Jul. 30, 2022		56,803	7,733		56,803	7,733
Treasury shares, balance (in shares) at Jul. 30, 2022		31,594	0				31,594
Balance at Jul. 30, 2022	$ 360,948						$ (643,563)		$ 1,010,181	$ (1,909)	$ (3,761)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended	6 Months Ended
	Jul. 30, 2022	Jul. 30, 2022
Statement of Stockholders' Equity [Abstract]
Dividends (USD per share)	$ 0.05	$ 0.05

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021
Cash flows from operating activities:
Net income	$ 72,395	$ 59,886
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	44,146	40,257
Stock-based compensation expense	15,963	13,365
Deferred income taxes	(157)	100
Income from equity investments	(4,380)	(3,998)
Distributions received from equity investments	6,230	7,447
Impairment charges	2,888	1,174
Loss on extinguishment of debt and write-off of debt issuance costs	12,862	0
Other	3,523	800
Change in operating assets and liabilities:
Accounts receivable	(3,485)	5,859
Income tax receivable	(1,585)	(9,066)
Inventories	(107,873)	(30,114)
Prepaid expenses and other current assets	(2,726)	(612)
Accounts payable	(4,848)	53,009
Accrued expenses	(5,448)	21,546
Operating lease assets and liabilities, net	(16,641)	(63,424)
Net cash provided by operating activities	10,864	96,229
Cash flows from investing activities:
Cash paid for property and equipment	(27,151)	(13,189)
Equity investment in Le Tigre	(8,230)	0
Other	(4,853)	0
Net cash used in investing activities	(40,234)	(13,189)
Cash flows from financing activities:
Borrowing on revolving lines of credit	1,112,794	342,053
Payments on revolving lines of credit	(725,353)	(425,243)
Payments for borrowings and prepayment premium under Term Loan	(238,196)	(6,251)
Payments of debt issuance costs	(2,316)	0
Cash paid for treasury shares	(128,498)	0
Dividends paid	(7,097)	0
Other	(3,936)	(5,514)
Net cash provided by (used in) financing activities	7,398	(94,955)
Effect of exchange rate changes on cash balances	80	338
Net decrease in cash, cash equivalents and restricted cash	(21,892)	(11,577)
Cash, cash equivalents and restricted cash, beginning of period	74,459	59,581
Cash, cash equivalents and restricted cash, end of period	52,567	48,004
Supplemental disclosures of cash flow information:
Cash paid (received) for income taxes	27,971	(3,372)
Cash paid for interest on debt	6,020	13,437
Cash paid for operating lease liabilities	113,308	162,602
Non-cash investing and financing activities:
Property and equipment purchases not yet paid	6,158	2,320
Operating lease liabilities arising from lease asset additions	7,903	11,109
Net increase to operating lease assets and lease liabilities for modifications	$ 77,820	$ 45,723

Description of Business and Sig

Description of Business and Significant Accounting Policies	6 Months Ended
	Jul. 30, 2022
Accounting Policies [Abstract]
Description of Business and Significant Accounting Policies	DESCRIPTION OF BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES DESCRIPTION OF BUSINESS Business Operations- Designer Brands Inc. ("we," "us," "our," and the "Company") is one of the world's largest designers, producers, and retailers of footwear and accessories. We operate in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse ("DSW") banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels (which we refer to as "First Cost"), and the sale of branded products through the direct-to-consumer e-commerce site at www.vincecamuto.com. An integral part of the Brand Portfolio segment is our equity investment in ABG-Camuto, LLC ("ABG-Camuto"), which is a partnership between Camuto LLC, a wholly-owned subsidiary doing business as "Camuto Group," and Authentic Brands Group LLC, a global brand management and marketing company. Camuto Group has a 40% stake in ABG-Camuto, a joint venture that holds several intellectual property rights, including, among others, Vince Camuto and Louise et Cie, and focuses on licensing and developing new category extensions to support the global growth of these brands. Camuto Group has a licensing agreement with ABG-Camuto whereby we pay royalties on our net sales from the brands managed by ABG-Camuto, subject to guaranteed minimums. Camuto Group also holds footwear and certain handbag licensing rights of Jessica Simpson, Lucky Brand and, through a joint venture, JLO Jennifer Lopez. Basis of Presentation- The accompanying unaudited, condensed consolidated financial statements have been prepared by management in accordance with accounting principles generally accepted in the U.S. ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, we do not include all of the information and footnotes required by GAAP for complete financial statements. The accompanying financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. All such adjustments are of a normal, recurring nature. The condensed consolidated financial position, results of operations and cash flows for these interim periods are not necessarily indicative of the results that may be expected in future periods. The balance sheet at January 29, 2022 has been derived from the audited financial statements at that date. The financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the 2021 Form 10-K. Fiscal Year- Our fiscal year ends on the Saturday nearest to January 31. References to a fiscal year (e.g., "2022") refer to the calendar year in which the fiscal year begins. This reporting schedule is followed by many national retail companies and typically results in a 52-week fiscal year (including 2022 and 2021), but occasionally will contain an additional week resulting in a 53-week fiscal year (including 2023). SIGNIFICANT ACCOUNTING POLICIES Accounting Policies - The complete summary of significant accounting policies is included in the notes to the consolidated financial statements as presented in our 2021 Form 10-K. Principles of Consolidation- The condensed consolidated financial statements include the accounts of Designer Brands Inc. and its subsidiaries, including variable interest entities. All intercompany accounts and transactions have been eliminated in consolidation. All amounts are in U.S. dollars. Use of Estimates- The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and reported amounts of net sales and expenses during the reporting periods. Certain estimates and assumptions use forecasted financial information based on information reasonably available to us. Significant estimates and assumptions are required as a part of accounting for sales returns allowances, customer allowances and discounts, gift card breakage income, deferred revenue associated with loyalty programs, valuation of inventories, depreciation and amortization, impairments of long-lived assets, intangibles and goodwill, lease accounting, income taxes, and self-insurance reserves. Although we believe these estimates and assumptions are reasonable, they are based on management's knowledge of current events and actions we may undertake in the future. Changes in facts and circumstances may result in revised estimates and assumptions, and actual results could differ from these estimates. Severance- During the three months ended July 30, 2022 and July 31, 2021, we incurred severance costs of $0.3 million and $1.2 million, respectively. During the six months ended July 30, 2022 and July 31, 2021, we incurred severance costs of $1.0 million and $2.6 million, respectively. These costs are included in operating expenses in the condensed consolidated statements of operations. As of July 30, 2022, January 29, 2022, and July 31, 2021, we had accrued severance of $0.9 million, $1.9 million, and $4.9 million, respectively, included in accrued expenses on the condensed consolidated balance sheets. Income Taxes- We continue to assess the likelihood of realizing the benefits of our deferred tax assets by evaluating historical and projected future operating results, the reversal of existing temporary differences, taxable income in permitted carry back years, and the availability of tax planning strategies. In evaluating future taxable income, significant weight is given to positive and negative evidence that is objectively verifiable. As a result of the losses incurred in 2020 due to the impacts of the COVID-19 pandemic, we were in a three-year cumulative loss position as of July 30, 2022, which was significant objective negative evidence in considering whether deferred tax assets are realizable. Such objective evidence limits the ability to consider other subjective evidence, such as the projection of future taxable income. As of July 30, 2022, a valuation allowance has been maintained as a reserve on substantially all of our net deferred tax assets due to the uncertainty of realization of our loss carry forwards and other deferred tax assets. Given the continued realization of income since 2020 and projected future income, sufficient positive evidence may become available for the release of all or a portion of the valuation allowance within the next twelve months. Such a release would result in a material non-cash income tax benefit in our consolidated statement of operations in the period of release and the recording of additional deferred tax assets on our consolidated balance sheet. However, the exact timing and amount of the valuation allowance releases are subject to change based on the level of profitability achieved in future periods. For the six months ended July 30, 2022 and July 31, 2021, our effective tax rate was 29.2% and 3.6%, respectively. The rate for the six months ended July 30, 2022 was impacted by permanent tax adjustments, primarily non-deductible compensation. The rate for the six months ended July 31, 2021 was the result of maintaining a full valuation allowance on deferred tax assets along with net discrete tax benefits, primarily as a result of adjustments to our estimated 2020 return reflecting implemented tax strategies. Cash, Cash Equivalents, and Restricted Cash - Cash and cash equivalents represent cash, money market funds, and credit card receivables that generally settle within three days. Restricted cash represents cash that is restricted as to withdrawal or usage and consists of a mandatory cash deposit maintained for certain insurance policies and letters of credit. The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Cash and cash equivalents $ 50,799 $ 72,691 $ 46,458 Restricted cash, included in prepaid expenses and other current assets 1,768 1,768 1,546 Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows $ 52,567 $ 74,459 $ 48,004 Equity Investment in Le Tigre - On July 1, 2022, we acquired a 33.3% interest in Le Tigre 360 Global LLC ("Le Tigre"), which manages the Le Tigre brand, for $8.2 million. We account for our investment in Le Tigre, where we exercise significant influence but do not have control, using the equity method. The difference between the purchase price of Le Tigre and our interest in Le Tigre's underlying net equity is comprised of a definite lived tradename intangible asset and equity method goodwill. Our share of net income or loss of Le Tigre and amortization of the intangible asset is included in income from equity investments on the consolidated statements of operations. Intangible Assets - During the fir st quarter of 2022, we acquired the rights to the shoes.com tradename for $4.9 million, which was recorded as a definite lived tradename intangible asset with a useful life of 15 years. Fair Value- Fair value is defined as the price that would be received in the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities recorded at fair value are categorized using defined hierarchical levels related to the subjectivity associated with the inputs to fair value measurements as follows: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Quoted prices for similar assets or liabilities in active markets or inputs that are observable. • Level 3 - Unobservable inputs in which little or no market activity exists. The carrying value of cash and cash equivalents, restricted cash, receivables, and accounts payables approximated their fair values due to their short-term nature. The carrying value of borrowings under our revolving lines of credit approximated fair value based on its term and variable interest rate. Impairment of Long-Lived Assets- During the three and six months ended July 30, 2022, we recorded impairment charges of $1.8 million and $2.9 million, respectively, in the Brand Portfolio segment resulting from subleases of abandoned leased spaces. During the t hree and six months ended July 31, 2021, we recorded an impairment charge of $1.2 million in the U.S. Retail segment for abandoned equipment we replaced.

Revenue

Revenue	6 Months Ended
	Jul. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	REVENUE DISAGGREGATION OF NET SALES Net Sales by Brand Categories- The following table presents net sales disaggregated by brand categories for each segment: (in thousands) U.S. Retail Canada Retail Brand Portfolio Eliminations Consolidated Three months ended July 30, 2022 Owned Brands: (1) Direct-to-consumer $ 147,877 $ — $ 7,793 $ — $ 155,670 External customer wholesale and commission income — — 39,179 — 39,179 Intersegment wholesale and commission income — — 19,379 (19,379) — Total Owned Brands 147,877 — 66,351 (19,379) 194,849 National brands 586,186 — — — 586,186 Canada Retail (2) — 78,284 — — 78,284 Total net sales $ 734,063 $ 78,284 $ 66,351 $ (19,379) $ 859,319 Three months ended July 31, 2021 Owned Brands: (1) Direct-to-consumer $ 102,152 $ — $ 5,437 $ — $ 107,589 External customer wholesale and commission income — — 31,220 — 31,220 Intersegment wholesale and commission income — — 13,872 (13,872) — Total Owned Brands 102,152 — 50,529 (13,872) 138,809 National brands 620,941 — — — 620,941 Canada Retail (2) — 57,585 — — 57,585 Total net sales $ 723,093 $ 57,585 $ 50,529 $ (13,872) $ 817,335 (in thousands) U.S. Retail Canada Retail Brand Portfolio Eliminations Consolidated Six months ended July 30, 2022 Owned Brands: (1) Direct-to-consumer $ 287,032 $ — $ 14,320 $ — $ 301,352 External customer wholesale and commission income — — 104,135 — 104,135 Intersegment wholesale and commission income — — 45,352 (45,352) — Total Owned Brands 287,032 — 163,807 (45,352) 405,487 National brands 1,149,776 — — — 1,149,776 Canada Retail (2) — 134,599 — — 134,599 Total net sales $ 1,436,808 $ 134,599 $ 163,807 $ (45,352) $ 1,689,862 Six months ended July 31, 2021 Owned Brands: (1) Direct-to-consumer $ 185,418 $ — $ 10,890 $ — $ 196,308 External customer wholesale and commission income — — 67,660 — 67,660 Intersegment wholesale and commission income — — 29,406 (29,406) — Total Owned Brands 185,418 — 107,956 (29,406) 263,968 National brands 1,158,333 — — — 1,158,333 Canada Retail (2) — 98,189 — — 98,189 Total net sales $ 1,343,751 $ 98,189 $ 107,956 $ (29,406) $ 1,520,490 (1) Owned Brands refers to those brands we have rights to sell through ownership or license arrangements. (2) We currently do not report the Canada Retail segment net sales by brand categories. Net Sales by Product and Service Categories- The following table presents net sales disaggregated by product and service category for each segment: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Net sales: U.S. Retail segment: Women's footwear $ 475,079 $ 467,518 $ 944,210 $ 872,818 Men's footwear 164,122 168,218 309,929 300,165 Kids' footwear 53,185 54,112 106,103 108,844 Accessories and other 41,677 33,245 76,566 61,924 734,063 723,093 1,436,808 1,343,751 Canada Retail segment: Women's footwear 43,802 30,230 73,806 50,661 Men's footwear 21,462 15,805 35,890 25,333 Kids' footwear 9,592 9,554 19,409 19,067 Accessories and other 3,428 1,996 5,494 3,128 78,284 57,585 134,599 98,189 Brand Portfolio segment: Wholesale 54,136 42,715 141,911 91,358 First Cost commission income 4,422 2,377 7,576 5,708 Direct-to-consumer 7,793 5,437 14,320 10,890 66,351 50,529 163,807 107,956 Total segment net sales 878,698 831,207 1,735,214 1,549,896 Elimination of intersegment sales (19,379) (13,872) (45,352) (29,406) Total net sales $ 859,319 $ 817,335 $ 1,689,862 $ 1,520,490 DEFERRED REVENUE LIABILITIES We record deferred revenue liabilities, included in accrued expenses on the condensed consolidated balance sheets, for remaining obligations we have to our customers. The following table presents the changes and total balances for gift cards and our loyalty programs: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Gift cards: Beginning of period $ 32,844 $ 30,809 $ 36,783 $ 34,442 Gift cards redeemed and breakage recognized to net sales (18,295) (19,210) (36,555) (36,380) Gift cards issued 15,569 17,092 29,890 30,629 End of period $ 30,118 $ 28,691 $ 30,118 $ 28,691 Loyalty programs: Beginning of period $ 16,243 $ 12,955 $ 15,736 $ 11,379 Loyalty certificates redeemed and expired and other adjustments recognized to net sales (8,179) (6,008) (16,060) (10,904) Deferred revenue for loyalty points issued 8,724 8,308 17,112 14,780 End of period $ 16,788 $ 15,255 $ 16,788 $ 15,255

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jul. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Schottenstein Affiliates We have transactions with entities owned or controlled by Jay L. Schottenstein, the executive chairman of our Board of Directors, and members of his family ("Schottenstein Affiliates"). As of July 30, 2022, the Schottenstein Affiliates beneficially owned approximately 22% of the Company's outstanding common shares, representing approximately 58% of the combined voting power of the Company, consisting of, in the aggregate, 6.8 million Class A common shares and 7.7 million Class B common shares. The following summarizes the related party transactions with the Schottenstein Affiliates for the relevant periods: Leases- We lease our fulfillment center and certain store locations owned by the Schottenstein Affiliates. During the three months ended July 30, 2022 and July 31, 2021, we recorded rent expense from leases with Schottenstein Affiliates of $2.5 million and $2.7 million, respectively. During the six months ended July 30, 2022 and July 31, 2021, we recorded rent expense from leases with Schottenstein Affiliates of $5.0 million and $5.4 million, respectively. As of July 30, 2022, January 29, 2022, and July 31, 2021, we had related party current operating lease liabilities of $5.3 million, $6.3 million, and $6.4 million, respectively, and non-current operating lease liabilities of $9.6 million, $18.3 million, and $21.3 million , respectively. Other Purchases and Services- During the three months ended July 30, 2022 and July 31, 2021, we had other purchases and services we incurred from the Schottenstein Affiliates of $1.4 million and $1.1 million, respectively. For both the six months ended July 30, 2022 and July 31, 2021, we had other purchases and services we incurred from the Schottenstein Affiliates of $2.5 million. Due to Related Parties- Amounts due to Schottenstein Affiliates, other than operating lease liabilities, were immaterial for all periods presented. Equity Method Investments ABG-Camuto- We have a 40% interest in our equity investment in ABG-Camuto. We have a licensing agreement with ABG-Camuto, pursuant to which we pay royalties on the net sales of the brands managed by ABG-Camuto, subject to guaranteed minimums. For both the three months ended July 30, 2022 and July 31, 2021, we recorded royalty expense for amounts paid to ABG-Camuto of $4.6 million. For both the six months ended July 30, 2022 and July 31, 2021, we recorded royalty expense for amounts paid to ABG-Camuto of $9.2 million. Amounts due to ABG-Camuto were immaterial for all periods presented. Le Tigre- We have a 33.3% interest in our equity investment in Le Tigre. On July 1, 2022, we entered into a license agreement with Le Tigre whereby we pay royalties on our net sales from the Le Tigre brand, subject to guaranteed minimums. The license agreement provides for the exclusive right to design and produce Le Tigre branded footwear to be sold primarily through our DSW and The Shoe Company d irect-to-consumer stores and e-commerce sites. Activity with Le Tigre du ring the six months ended July 30, 2022 was immaterial.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jul. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Basic earnings per share is based on net income and the weighted average of Class A and Class B common shares outstanding. Diluted earnings per share reflects the potential dilution of common shares adjusted for outstanding stock options and restricted stock units ("RSUs") calculated using the treasury stock method. The following is a reconciliation between basic and diluted weighted average shares outstanding, as used in the calculation of earnings per share: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Weighted average basic shares outstanding 69,604 72,932 71,263 72,773 Dilutive effect of stock-based compensation awards 4,338 4,687 4,106 4,498 Weighted average diluted shares outstanding 73,942 77,619 75,369 77,271 For the three months ended July 30, 2022 and July 31, 2021, the number of shares relating to potentially dilutive stock-based compensati on awards that were excluded from the computation of diluted earnings per share due to their anti-dilutive effect was 3.1 million and 2.9 million, respectively. For both the six months ended July 30, 2022 and July 31, 2021, the number of shares relating to potentially dilutive stock-based compensation awards that were excluded from the computation of diluted earnings per share due to their anti-dilutive effect was 3.0 million.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jul. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	STOCK-BASED COMPENSATION Stock-based compensation expense consisted of the following: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Stock options $ — $ 132 $ 101 $ 385 Restricted and director stock units 7,369 5,776 15,862 12,980 $ 7,369 $ 5,908 $ 15,963 $ 13,365 The following table summarizes the stock-based compensation award share activity for RSUs for the six months ended July 30, 2022: (in thousands) Shares of Time-Based RSUs Shares of Performance-Based RSUs Outstanding - beginning of period 6,058 744 Granted 1,915 614 Vested (641) (174) Forfeited (115) — Outstanding - end of period 7,217 1,184

Shareholders' Equity

Shareholders' Equity	6 Months Ended
	Jul. 30, 2022
Equity [Abstract]
Shareholders' Equity	SHAREHOLDERS' EQUITY Shares- Our Class A common shares are listed for trading under the ticker symbol "DBI" on the New York Stock Exchange. There is currently no public market for the Company's Class B common shares, but the Class B common shares can be exchanged for the Company's Class A common shares at the election of the holder on a share for share basis. Holders of Class A common shares are entitled to one vote per share and holders of Class B common shares are entitled to eight votes per share on matters submitted to shareholders for approval. The following table provides additional information for our common shares: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Class A Class B Class A Class B Class A Class B Authorized shares 250,000 100,000 250,000 100,000 250,000 100,000 Issued shares 88,397 7,733 87,793 7,733 87,405 7,733 Outstanding shares 56,803 7,733 65,624 7,733 65,236 7,733 Treasury shares 31,594 — 22,169 — 22,169 — We have authorized 100 million shares of no par value preferred shares, with no shares issued for any of the periods presented. Dividends- On August 25, 2022, the Board of Directors declared a quarterly cash dividend payment of $0.05 per share for both Class A and Class B common shares. The dividend will be paid on October 6, 2022 to shareholders of record at the close of business on September 22, 2022, and is expected to be recorded against retained earnings. Share Repurchases- On August 17, 2017, the Board of Directors authorized the repurchase of an additional $500 million of Class A common shares under our share repurchase program, which was added to the $33.5 million remaining from the previous authorization. During the six months ended July 30, 2022, we repurchased 9.4 million Class A common shares at an aggregate cost of $128.5 million, with $206.4 million of Class A common shares that remain authorized under the program as of July 30, 2022. The share repurchase program may be suspended, modified or discontinued at any time, and we have no obligation to repurchase any amount of ou r common shares under the program. Shares will be repurchased in the open market at times and in amounts considered appropriate based on price and market conditions.

Receivables

Receivables	6 Months Ended
	Jul. 30, 2022
Accounts Receivable [Abstract]
Receivables	RECEIVABLES Receivables, net, consisted of the following: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Customer accounts receivables: Serviced by third-party provider with guaranteed payment $ 31,172 $ 27,827 $ 27,638 Serviced by third-party provider without guaranteed payment 126 82 76 Serviced in-house 2,768 2,783 2,665 Income tax receivable 163,825 162,240 158,890 Other receivables 8,076 8,026 11,295 Total receivables 205,967 200,958 200,564 Allowance for doubtful accounts (1,087) (1,132) (1,193) $ 204,880 $ 199,826 $ 199,371

Accrued Expenses

Accrued Expenses	6 Months Ended
	Jul. 30, 2022
Payables and Accruals [Abstract]
Accrued Expenses	ACCRUED EXPENSES Accrued expenses consisted of the following: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Gift cards $ 30,118 $ 36,783 $ 28,691 Accrued compensation and related expenses 45,687 41,603 49,037 Accrued taxes 30,027 28,327 35,030 Loyalty programs deferred revenue 16,788 15,736 15,255 Sales returns, customer allowances and discounts 21,353 20,671 21,307 Other 66,496 72,692 72,735 $ 210,469 $ 215,812 $ 222,055

Debt

Debt	6 Months Ended
	Jul. 30, 2022
Debt Disclosure [Abstract]
Debt	DEBT Debt consisted of the following: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 2020 ABL Revolver $ — $ — $ 16,810 2022 ABL Revolver 387,441 — — Term Loan — 231,250 237,500 Total debt 387,441 231,250 254,310 Less unamortized Term Loan debt issuance costs — (5,714) (7,241) Less current maturities of long-term debt — — (62,500) Long-term debt $ 387,441 $ 225,536 $ 184,569 2022 ABL Revolver- On March 30, 2022, we replaced our previous senior secured asset-based revolving credit facility ("2020 ABL Revolver") with our current senior secured asset-based revolving credit facility ("2022 ABL Revolver"), which provides a revolving line of credit of up to $550.0 million, including a Canadian sub-limit of up to $55.0 million, a $75.0 million sub-limit for the issuance of letters of credit, a $55.0 million sub-limit for swing loan advances for U.S. borrowings, and a $5.5 million sub-limit for swing loan advances for Canadian borrowings. Our 2022 ABL Revolver matures in March 2027 and is secured by a first priority lien on substantially all of our personal property assets, including credit card receivables and inventory. The 2022 ABL Revolver may be used to provide funds for working capital, capital expenditures, share repurchases, other expenditures, and permitted acquisitions as defined by the credit facility agreement. The amount of credit available is limited to a borrowing base formulated on, among other things, a percentage of the book value of eligible inventory and credit card receivables, as reduced by certain reserves. As of July 30, 2022, the 2022 ABL Revolver had a borrowing base of $550.0 million, with $387.4 million in outstanding borrowings and $4.9 million in letters of credit issued, resulting in $157.7 million available for borrowings. Borrowings and letters of credit issued under the 2022 ABL Revolver accrue interest, at our option, at a rate equal to: (A) a base rate per annum equal to the greatest of (i) the prime rate, (ii) the Fed Funds Rate (as defined and subject to a floor of 0%) plus 0.5%, and (iii) the one-month Adjusted Term SOFR (as defined) plus 1.0%; or (B) a one-month, three-month or six-month Adjusted Term SOFR per annum (subject to a floor of 0%), plus, in each instance, an applicable rate to be determined based on average availability, with an interest rate of 3.9% as of July 30, 2022. Commitment fees are based on the unused portion of the 2022 ABL Revolver. Interest expense related to the 2022 ABL Revolver includes interest on borrowings and letters of credit, commitment fees, and the amortization of debt issuance costs. Debt Covenants- The 2022 ABL Revolver requires us to maintain a fixed charge coverage ratio covenant of not less than 1:1 when availability is less than the greater of $41.3 million and 10.0% of the maximum borrowing amount. The 2022 ABL Revolver also contains customary covenants restricting our activities, including limitations on the ability to sell assets, engage in acquisitions, enter into transactions involving related parties, incur additional debt, grant liens on assets, pay dividends or repurchase stock, and make certain other changes. There are specific exceptions to these covenants including, in some cases, upon satisfying specified payment conditions based on availability. The 2022 ABL Revolver contains customary events of default, including failure to comply with certain financial and other covenants. Upon an event of default that is not cured or waived within the cure periods, in addition to other remedies that may be available to the lenders, the obligations may be accelerated, outstanding letters of credit may be required to be cash collateralized, and remedies may be exercised against the collateral. As of July 30, 2022, we were in compliance with all financial covenants. Termination of Term Loan- On February 8, 2022, we settled in full the $231.3 million principal amount outstanding on that date under our senior secured term loan agreement ("Term Loan"). In connection with this settlement, we incurred a $12.7 million loss on extinguishment of debt, composed of a $6.9 million prepayment premium and a $5.7 million write-off of unamortized debt issuance costs.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jul. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Legal Proceedings- We are involved in various legal proceedings that are incidental to the conduct of our business. Although it is not possible to predict with certainty the eventual outcome of any litigation, we believe the amount of any potential liability with respect to current legal proceedings will not be material to our results of operations or financial condition. As additional information becomes available, we will assess any potential liability related to pending litigation and revise the estimates as needed. Guarantee- We provide guarantees for lease obligations that are scheduled to expire in 2023 for locations that have been leased to third parties. If a third party does not pay the rent or vacates the premise, we may be required to make full rent payments to the landlord. As of July 30, 2022, the total future minimum lease payment requirements under these guarantees were approximately $12.0 million.

Segment Reporting

Segment Reporting	6 Months Ended
	Jul. 30, 2022
Segment Reporting [Abstract]
Segment Reporting	SEGMENT REPORTING The following provides certain key financial data by segment reconciled to the condensed consolidated financial statements: (in thousands) U.S. Retail Canada Retail Brand Portfolio Eliminations Consolidated Three months ended July 30, 2022 Net sales: External customer sales $ 734,063 $ 78,284 $ 46,972 $ — $ 859,319 Intersegment sales — — 19,379 (19,379) — Total net sales $ 734,063 $ 78,284 $ 66,351 $ (19,379) $ 859,319 Gross profit $ 251,143 $ 30,974 $ 12,294 $ 1,259 $ 295,670 Income from equity investments $ — $ — $ 2,435 $ — $ 2,435 Three months ended July 31, 2021 Net sales: External customer sales $ 723,093 $ 57,585 $ 36,657 $ — $ 817,335 Intersegment sales — — 13,872 (13,872) — Total net sales $ 723,093 $ 57,585 $ 50,529 $ (13,872) $ 817,335 Gross profit $ 256,893 $ 18,768 $ 8,533 $ 487 $ 284,681 Income from equity investment $ — $ — $ 2,290 $ — $ 2,290 Six months ended July 30, 2022 Net sales: External customer sales $ 1,436,808 $ 134,599 $ 118,455 $ — $ 1,689,862 Intersegment sales — — 45,352 (45,352) — Total net sales $ 1,436,808 $ 134,599 $ 163,807 $ (45,352) $ 1,689,862 Gross profit $ 484,210 $ 49,847 $ 36,136 $ 1,222 $ 571,415 Income from equity investments $ — $ — $ 4,380 $ — $ 4,380 Six months ended July 31, 2021 Net sales: External customer sales $ 1,343,751 $ 98,189 $ 78,550 $ — $ 1,520,490 Intersegment sales — — 29,406 (29,406) — Total net sales $ 1,343,751 $ 98,189 $ 107,956 $ (29,406) $ 1,520,490 Gross profit $ 450,006 $ 29,603 $ 20,459 $ 724 $ 500,792 Income from equity investment $ — $ — $ 3,998 $ — $ 3,998

Description of Business and S_2

Description of Business and Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation- The accompanying unaudited, condensed consolidated financial statements have been prepared by management in accordance with accounting principles generally accepted in the U.S. ("GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, we do not include all of the information and footnotes required by GAAP for complete financial statements. The accompanying financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. All such adjustments are of a normal, recurring nature. The condensed consolidated financial position, results of operations and cash flows for these interim periods are not necessarily indicative of the results that may be expected in future periods. The balance sheet at January 29, 2022 has been derived from the audited financial statements at that date. The financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in the 2021 Form 10-K.
Fiscal Year	Fiscal Year- Our fiscal year ends on the Saturday nearest to January 31. References to a fiscal year (e.g., "2022") refer to the calendar year in which the fiscal year begins. This reporting schedule is followed by many national retail companies and typically results in a 52-week fiscal year (including 2022 and 2021), but occasionally will contain an additional week resulting in a 53-week fiscal year (including 2023).
Principles of Consolidation	Principles of Consolidation- The condensed consolidated financial statements include the accounts of Designer Brands Inc. and its subsidiaries, including variable interest entities. All intercompany accounts and transactions have been eliminated in consolidation. All amounts are in U.S. dollars.
Use of Estimates	Use of Estimates- The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and reported amounts of net sales and expenses during the reporting periods. Certain estimates and assumptions use forecasted financial information based on information reasonably available to us. Significant estimates and assumptions are required as a part of accounting for sales returns allowances, customer allowances and discounts, gift card breakage income, deferred revenue associated with loyalty programs, valuation of inventories, depreciation and amortization, impairments of long-lived assets, intangibles and goodwill, lease accounting, income taxes, and self-insurance reserves. Although we believe these estimates and assumptions are reasonable, they are based on management's knowledge of current events and actions we may undertake in the future. Changes in facts and circumstances may result in revised estimates and assumptions, and actual results could differ from these estimates.
Severance	Severance- During the three months ended July 30, 2022 and July 31, 2021, we incurred severance costs of $0.3 million and $1.2 million, respectively. During the six months ended July 30, 2022 and July 31, 2021, we incurred severance costs of $1.0 million and $2.6 million, respectively. These costs are included in operating expenses in the condensed consolidated statements of operations. As of July 30, 2022, January 29, 2022, and July 31, 2021, we had accrued severance of $0.9 million, $1.9 million, and $4.9 million, respectively, included in accrued expenses on the condensed consolidated balance sheets.
Income Taxes	Income Taxes- We continue to assess the likelihood of realizing the benefits of our deferred tax assets by evaluating historical and projected future operating results, the reversal of existing temporary differences, taxable income in permitted carry back years, and the availability of tax planning strategies. In evaluating future taxable income, significant weight is given to positive and negative evidence that is objectively verifiable. As a result of the losses incurred in 2020 due to the impacts of the COVID-19 pandemic, we were in a three-year cumulative loss position as of July 30, 2022, which was significant objective negative evidence in considering whether deferred tax assets are realizable. Such objective evidence limits the ability to consider other subjective evidence, such as the projection of future taxable income. As of July 30, 2022, a valuation allowance has been maintained as a reserve on substantially all of our net deferred tax assets due to the uncertainty of realization of our loss carry forwards and other deferred tax assets. Given the continued realization of income since 2020 and projected future income, sufficient positive evidence may become available for the release of all or a portion of the valuation allowance within the next twelve months. Such a release would result in a material non-cash income tax benefit in our consolidated statement of operations in the period of release and the recording of additional deferred tax assets on our consolidated balance sheet. However, the exact timing and amount of the valuation allowance releases are subject to change based on the level of profitability achieved in future periods. For the six months ended July 30, 2022 and July 31, 2021, our effective tax rate was 29.2% and 3.6%, respectively. The rate for the six months ended July 30, 2022 was impacted by permanent tax adjustments, primarily non-deductible compensation. The rate for the six months ended July 31, 2021 was the result of maintaining a full valuation allowance on deferred tax assets along with net discrete tax benefits, primarily as a result of adjustments to our estimated 2020 return reflecting implemented tax strategies.
Cash, Cash Equivalents, and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash - Cash and cash equivalents represent cash, money market funds, and credit card receivables that generally settle within three days. Restricted cash represents cash that is restricted as to withdrawal or usage and consists of a mandatory cash deposit maintained for certain insurance policies and letters of credit.
Equity Investment in Le Tigre	Equity Investment in Le Tigre - On July 1, 2022, we acquired a 33.3% interest in Le Tigre 360 Global LLC ("Le Tigre"), which manages the Le Tigre brand, for $8.2 million. We account for our investment in Le Tigre, where we exercise significant influence but do not have control, using the equity method. The difference between the purchase price of Le Tigre and our interest in Le Tigre's underlying net equity is comprised of a definite lived tradename intangible asset and equity method goodwill. Our share of net income or loss of Le Tigre and amortization of the intangible asset is included in income from equity investments on the consolidated statements of operations.
Intangible Assets	Intangible Assets - During the fir
Fair Value	Fair Value- Fair value is defined as the price that would be received in the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities recorded at fair value are categorized using defined hierarchical levels related to the subjectivity associated with the inputs to fair value measurements as follows: • Level 1 - Quoted prices in active markets for identical assets or liabilities. • Level 2 - Quoted prices for similar assets or liabilities in active markets or inputs that are observable. • Level 3 - Unobservable inputs in which little or no market activity exists. The carrying value of cash and cash equivalents, restricted cash, receivables, and accounts payables approximated their fair values due to their short-term nature. The carrying value of borrowings under our revolving lines of credit approximated fair value based on its term and variable interest rate.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets- During the three and six months ended July 30, 2022, we recorded impairment charges of $1.8 million and $2.9 million, respectively, in the Brand Portfolio segment resulting from subleases of abandoned leased spaces. During the t hree and six months ended July 31, 2021, we recorded an impairment charge of $1.2 million in the U.S. Retail segment for abandoned equipment we replaced.
Deferred Revenue Liabilities	We record deferred revenue liabilities, included in accrued expenses on the condensed consolidated balance sheets, for remaining obligations we have to our customers.
Earnings Per Share	Basic earnings per share is based on net income and the weighted average of Class A and Class B common shares outstanding. Diluted earnings per share reflects the potential dilution of common shares adjusted for outstanding stock options and restricted stock units ("RSUs") calculated using the treasury stock method.
Shareholders' Equity	Shares- Our Class A common shares are listed for trading under the ticker symbol "DBI" on the New York Stock Exchange. There is currently no public market for the Company's Class B common shares, but the Class B common shares can be exchanged for the Company's Class A common shares at the election of the holder on a share for share basis. Holders of Class A common shares are entitled to one vote per share and holders of Class B common shares are entitled to eight votes per share on matters submitted to shareholders for approval.

Description of Business and S_3

Description of Business and Significant Accounting Policies (Tables)	6 Months Ended
	Jul. 30, 2022
Accounting Policies [Abstract]
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Cash and cash equivalents $ 50,799 $ 72,691 $ 46,458 Restricted cash, included in prepaid expenses and other current assets 1,768 1,768 1,546 Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows $ 52,567 $ 74,459 $ 48,004
Reconciliation of Cash and Cash Equivalents and Restricted Cash	The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Cash and cash equivalents $ 50,799 $ 72,691 $ 46,458 Restricted cash, included in prepaid expenses and other current assets 1,768 1,768 1,546 Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows $ 52,567 $ 74,459 $ 48,004

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jul. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table presents net sales disaggregated by brand categories for each segment: (in thousands) U.S. Retail Canada Retail Brand Portfolio Eliminations Consolidated Three months ended July 30, 2022 Owned Brands: (1) Direct-to-consumer $ 147,877 $ — $ 7,793 $ — $ 155,670 External customer wholesale and commission income — — 39,179 — 39,179 Intersegment wholesale and commission income — — 19,379 (19,379) — Total Owned Brands 147,877 — 66,351 (19,379) 194,849 National brands 586,186 — — — 586,186 Canada Retail (2) — 78,284 — — 78,284 Total net sales $ 734,063 $ 78,284 $ 66,351 $ (19,379) $ 859,319 Three months ended July 31, 2021 Owned Brands: (1) Direct-to-consumer $ 102,152 $ — $ 5,437 $ — $ 107,589 External customer wholesale and commission income — — 31,220 — 31,220 Intersegment wholesale and commission income — — 13,872 (13,872) — Total Owned Brands 102,152 — 50,529 (13,872) 138,809 National brands 620,941 — — — 620,941 Canada Retail (2) — 57,585 — — 57,585 Total net sales $ 723,093 $ 57,585 $ 50,529 $ (13,872) $ 817,335 (in thousands) U.S. Retail Canada Retail Brand Portfolio Eliminations Consolidated Six months ended July 30, 2022 Owned Brands: (1) Direct-to-consumer $ 287,032 $ — $ 14,320 $ — $ 301,352 External customer wholesale and commission income — — 104,135 — 104,135 Intersegment wholesale and commission income — — 45,352 (45,352) — Total Owned Brands 287,032 — 163,807 (45,352) 405,487 National brands 1,149,776 — — — 1,149,776 Canada Retail (2) — 134,599 — — 134,599 Total net sales $ 1,436,808 $ 134,599 $ 163,807 $ (45,352) $ 1,689,862 Six months ended July 31, 2021 Owned Brands: (1) Direct-to-consumer $ 185,418 $ — $ 10,890 $ — $ 196,308 External customer wholesale and commission income — — 67,660 — 67,660 Intersegment wholesale and commission income — — 29,406 (29,406) — Total Owned Brands 185,418 — 107,956 (29,406) 263,968 National brands 1,158,333 — — — 1,158,333 Canada Retail (2) — 98,189 — — 98,189 Total net sales $ 1,343,751 $ 98,189 $ 107,956 $ (29,406) $ 1,520,490 category for each segment: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Net sales: U.S. Retail segment: Women's footwear $ 475,079 $ 467,518 $ 944,210 $ 872,818 Men's footwear 164,122 168,218 309,929 300,165 Kids' footwear 53,185 54,112 106,103 108,844 Accessories and other 41,677 33,245 76,566 61,924 734,063 723,093 1,436,808 1,343,751 Canada Retail segment: Women's footwear 43,802 30,230 73,806 50,661 Men's footwear 21,462 15,805 35,890 25,333 Kids' footwear 9,592 9,554 19,409 19,067 Accessories and other 3,428 1,996 5,494 3,128 78,284 57,585 134,599 98,189 Brand Portfolio segment: Wholesale 54,136 42,715 141,911 91,358 First Cost commission income 4,422 2,377 7,576 5,708 Direct-to-consumer 7,793 5,437 14,320 10,890 66,351 50,529 163,807 107,956 Total segment net sales 878,698 831,207 1,735,214 1,549,896 Elimination of intersegment sales (19,379) (13,872) (45,352) (29,406) Total net sales $ 859,319 $ 817,335 $ 1,689,862 $ 1,520,490
Deferred Revenue	The following table presents the changes and total balances for gift cards and our loyalty programs: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Gift cards: Beginning of period $ 32,844 $ 30,809 $ 36,783 $ 34,442 Gift cards redeemed and breakage recognized to net sales (18,295) (19,210) (36,555) (36,380) Gift cards issued 15,569 17,092 29,890 30,629 End of period $ 30,118 $ 28,691 $ 30,118 $ 28,691 Loyalty programs: Beginning of period $ 16,243 $ 12,955 $ 15,736 $ 11,379 Loyalty certificates redeemed and expired and other adjustments recognized to net sales (8,179) (6,008) (16,060) (10,904) Deferred revenue for loyalty points issued 8,724 8,308 17,112 14,780 End of period $ 16,788 $ 15,255 $ 16,788 $ 15,255

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jul. 30, 2022
Earnings Per Share [Abstract]
Reconciliation of the Number of Shares Used in the Calculation of Diluted Earnings per Share	The following is a reconciliation between basic and diluted weighted average shares outstanding, as used in the calculation of earnings per share: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Weighted average basic shares outstanding 69,604 72,932 71,263 72,773 Dilutive effect of stock-based compensation awards 4,338 4,687 4,106 4,498 Weighted average diluted shares outstanding 73,942 77,619 75,369 77,271

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jul. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Share-based Compensation Expense	Stock-based compensation expense consisted of the following: Three months ended Six months ended (in thousands) July 30, 2022 July 31, 2021 July 30, 2022 July 31, 2021 Stock options $ — $ 132 $ 101 $ 385 Restricted and director stock units 7,369 5,776 15,862 12,980 $ 7,369 $ 5,908 $ 15,963 $ 13,365
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity	The following table summarizes the stock-based compensation award share activity for RSUs for the six months ended July 30, 2022: (in thousands) Shares of Time-Based RSUs Shares of Performance-Based RSUs Outstanding - beginning of period 6,058 744 Granted 1,915 614 Vested (641) (174) Forfeited (115) — Outstanding - end of period 7,217 1,184

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	6 Months Ended
	Jul. 30, 2022
Equity [Abstract]
Schedule of Stock by Class	The following table provides additional information for our common shares: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Class A Class B Class A Class B Class A Class B Authorized shares 250,000 100,000 250,000 100,000 250,000 100,000 Issued shares 88,397 7,733 87,793 7,733 87,405 7,733 Outstanding shares 56,803 7,733 65,624 7,733 65,236 7,733 Treasury shares 31,594 — 22,169 — 22,169 —

Receivables (Tables)

Receivables (Tables)	6 Months Ended
	Jul. 30, 2022
Accounts Receivable [Abstract]
Schedule of Accounts Receivable, Net	Receivables, net, consisted of the following: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Customer accounts receivables: Serviced by third-party provider with guaranteed payment $ 31,172 $ 27,827 $ 27,638 Serviced by third-party provider without guaranteed payment 126 82 76 Serviced in-house 2,768 2,783 2,665 Income tax receivable 163,825 162,240 158,890 Other receivables 8,076 8,026 11,295 Total receivables 205,967 200,958 200,564 Allowance for doubtful accounts (1,087) (1,132) (1,193) $ 204,880 $ 199,826 $ 199,371

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Jul. 30, 2022
Payables and Accruals [Abstract]
Accrued Expenses	Accrued expenses consisted of the following: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 Gift cards $ 30,118 $ 36,783 $ 28,691 Accrued compensation and related expenses 45,687 41,603 49,037 Accrued taxes 30,027 28,327 35,030 Loyalty programs deferred revenue 16,788 15,736 15,255 Sales returns, customer allowances and discounts 21,353 20,671 21,307 Other 66,496 72,692 72,735 $ 210,469 $ 215,812 $ 222,055

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jul. 30, 2022
Debt Disclosure [Abstract]
Schedule of Debt	Debt consisted of the following: (in thousands) July 30, 2022 January 29, 2022 July 31, 2021 2020 ABL Revolver $ — $ — $ 16,810 2022 ABL Revolver 387,441 — — Term Loan — 231,250 237,500 Total debt 387,441 231,250 254,310 Less unamortized Term Loan debt issuance costs — (5,714) (7,241) Less current maturities of long-term debt — — (62,500) Long-term debt $ 387,441 $ 225,536 $ 184,569

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jul. 30, 2022
Segment Reporting [Abstract]
Segment Information	The following provides certain key financial data by segment reconciled to the condensed consolidated financial statements: (in thousands) U.S. Retail Canada Retail Brand Portfolio Eliminations Consolidated Three months ended July 30, 2022 Net sales: External customer sales $ 734,063 $ 78,284 $ 46,972 $ — $ 859,319 Intersegment sales — — 19,379 (19,379) — Total net sales $ 734,063 $ 78,284 $ 66,351 $ (19,379) $ 859,319 Gross profit $ 251,143 $ 30,974 $ 12,294 $ 1,259 $ 295,670 Income from equity investments $ — $ — $ 2,435 $ — $ 2,435 Three months ended July 31, 2021 Net sales: External customer sales $ 723,093 $ 57,585 $ 36,657 $ — $ 817,335 Intersegment sales — — 13,872 (13,872) — Total net sales $ 723,093 $ 57,585 $ 50,529 $ (13,872) $ 817,335 Gross profit $ 256,893 $ 18,768 $ 8,533 $ 487 $ 284,681 Income from equity investment $ — $ — $ 2,290 $ — $ 2,290 Six months ended July 30, 2022 Net sales: External customer sales $ 1,436,808 $ 134,599 $ 118,455 $ — $ 1,689,862 Intersegment sales — — 45,352 (45,352) — Total net sales $ 1,436,808 $ 134,599 $ 163,807 $ (45,352) $ 1,689,862 Gross profit $ 484,210 $ 49,847 $ 36,136 $ 1,222 $ 571,415 Income from equity investments $ — $ — $ 4,380 $ — $ 4,380 Six months ended July 31, 2021 Net sales: External customer sales $ 1,343,751 $ 98,189 $ 78,550 $ — $ 1,520,490 Intersegment sales — — 29,406 (29,406) — Total net sales $ 1,343,751 $ 98,189 $ 107,956 $ (29,406) $ 1,520,490 Gross profit $ 450,006 $ 29,603 $ 20,459 $ 724 $ 500,792 Income from equity investment $ — $ — $ 3,998 $ — $ 3,998

Description of Business and S_4

Description of Business and Significant Accounting Policies - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022 USD ($)	Jul. 31, 2021 USD ($)	Jul. 30, 2022 USD ($) segment	Jul. 31, 2021 USD ($)	Jul. 01, 2022 USD ($)	Jan. 29, 2022 USD ($)
Number of reportable segments | segment			3
Severance costs	$ 300	$ 1,200	$ 1,000	$ 2,600
Accrued severance	900	4,900	$ 900	$ 4,900		$ 1,900
Effective tax rate			29.20%	3.60%
Equity investments	61,957	55,149	$ 61,957	$ 55,149		$ 55,578
Long-lived assets, impairment charges	$ 1,800	$ 1,200	2,900	$ 1,200
Tradename
Intangible assets acquired			$ 4,900
Intangible assets useful life			15 years
ABG-Camuto, LLC
Ownership percentage	40%		40%
Le Tigre
Ownership percentage	33.30%		33.30%		33.30%
Equity investments					$ 8,200

Description of Business and S_5

Description of Business and Significant Accounting Policies - Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021	Jan. 30, 2021
Accounting Policies [Abstract]
Cash and cash equivalents	$ 50,799	$ 72,691	$ 46,458
Restricted cash, included in prepaid expenses and other current assets	1,768	1,768	1,546
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	$ 52,567	$ 74,459	$ 48,004	$ 59,581

Revenue - by Brand Categories (

Revenue - by Brand Categories (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 859,319	$ 817,335	$ 1,689,862	$ 1,520,490
Elimination of intersegment sales
Disaggregation of Revenue [Line Items]
Total Net Sales	(19,379)	(13,872)	(45,352)	(29,406)
U.S. Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	734,063	723,093	1,436,808	1,343,751
Canada Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	78,284	57,585	134,599	98,189
Brand Portfolio | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	66,351	50,529	163,807	107,956
Brand Portfolio | Elimination of intersegment sales
Disaggregation of Revenue [Line Items]
Total Net Sales	19,379	13,872	45,352	29,406
Owned Brands
Disaggregation of Revenue [Line Items]
Total Net Sales	194,849	138,809	405,487	263,968
Owned Brands | Elimination of intersegment sales
Disaggregation of Revenue [Line Items]
Total Net Sales	(19,379)	(13,872)	(45,352)	(29,406)
Owned Brands | U.S. Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	147,877	102,152	287,032	185,418
Owned Brands | Canada Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	0	0	0	0
Owned Brands | Brand Portfolio | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	66,351	50,529	163,807	107,956
Owned Brands | Direct-to-consumer
Disaggregation of Revenue [Line Items]
Total Net Sales	155,670	107,589	301,352	196,308
Owned Brands | Direct-to-consumer | U.S. Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	147,877	102,152	287,032	185,418
Owned Brands | Direct-to-consumer | Canada Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	0	0	0	0
Owned Brands | Direct-to-consumer | Brand Portfolio | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	7,793	5,437	14,320	10,890
Owned Brands | External customer wholesale and commission income
Disaggregation of Revenue [Line Items]
Total Net Sales	39,179	31,220	104,135	67,660
Owned Brands | External customer wholesale and commission income | U.S. Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	0	0	0	0
Owned Brands | External customer wholesale and commission income | Canada Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	0	0	0	0
Owned Brands | External customer wholesale and commission income | Brand Portfolio | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	39,179	31,220	104,135	67,660
Owned Brands | Intersegment wholesale and commission income | Elimination of intersegment sales
Disaggregation of Revenue [Line Items]
Total Net Sales	(19,379)	(13,872)	(45,352)	(29,406)
Owned Brands | Intersegment wholesale and commission income | Brand Portfolio | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	19,379	13,872	45,352	29,406
National Brands
Disaggregation of Revenue [Line Items]
Total Net Sales	586,186	620,941	1,149,776	1,158,333
National Brands | U.S. Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	586,186	620,941	1,149,776	1,158,333
National Brands | Canada Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	0	0	0	0
National Brands | Brand Portfolio | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	0	0	0	0
Canada Retail
Disaggregation of Revenue [Line Items]
Total Net Sales	78,284	57,585	134,599	98,189
Canada Retail | U.S. Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	0	0	0	0
Canada Retail | Canada Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	78,284	57,585	134,599	98,189
Canada Retail | Brand Portfolio | Operating Segments
Disaggregation of Revenue [Line Items]
Total Net Sales	$ 0	$ 0	$ 0	$ 0

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	$ 859,319	$ 817,335	$ 1,689,862	$ 1,520,490
Gift cards, beginning of period	32,844	30,809	36,783	34,442
Gift cards, end of period	30,118	28,691	30,118	28,691
Loyalty programs, beginning of period	16,243	12,955	15,736	11,379
Loyalty programs, end of period	16,788	15,255	16,788	15,255
Loyalty certificates redeemed and expired and other adjustments recognized to net sales
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase (decrease) in contract with customer, liability	(8,179)	(6,008)	(16,060)	(10,904)
Increase (decrease) in contract with customer, liability	(8,179)	(6,008)	(16,060)	(10,904)
Deferred revenue for loyalty points issued
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase (decrease) in contract with customer, liability	8,724	8,308	17,112	14,780
Increase (decrease) in contract with customer, liability	8,724	8,308	17,112	14,780
Product
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	859,319	817,335	1,689,862	1,520,490
Gift cards redeemed and breakage recognized to net sales
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase (decrease) in contract with customer, liability	(18,295)	(19,210)	(36,555)	(36,380)
Increase (decrease) in contract with customer, liability	(18,295)	(19,210)	(36,555)	(36,380)
Gift cards issued
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase (decrease) in contract with customer, liability	15,569	17,092	29,890	30,629
Increase (decrease) in contract with customer, liability	15,569	17,092	29,890	30,629
Operating Segments | Product
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	878,698	831,207	1,735,214	1,549,896
Operating Segments | U.S. Retail
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	734,063	723,093	1,436,808	1,343,751
Operating Segments | U.S. Retail | Product
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	734,063	723,093	1,436,808	1,343,751
Operating Segments | U.S. Retail | Women's footwear
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	475,079	467,518	944,210	872,818
Operating Segments | U.S. Retail | Men's footwear
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	164,122	168,218	309,929	300,165
Operating Segments | U.S. Retail | Kids' footwear
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	53,185	54,112	106,103	108,844
Operating Segments | U.S. Retail | Accessories and other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	41,677	33,245	76,566	61,924
Operating Segments | Canada Retail
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	78,284	57,585	134,599	98,189
Operating Segments | Canada Retail | Product
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	78,284	57,585	134,599	98,189
Operating Segments | Canada Retail | Women's footwear
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	43,802	30,230	73,806	50,661
Operating Segments | Canada Retail | Men's footwear
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	21,462	15,805	35,890	25,333
Operating Segments | Canada Retail | Kids' footwear
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	9,592	9,554	19,409	19,067
Operating Segments | Canada Retail | Accessories and other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	3,428	1,996	5,494	3,128
Operating Segments | Brand Portfolio
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	66,351	50,529	163,807	107,956
Operating Segments | Brand Portfolio | Product
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	46,972	36,657	118,455	78,550
Operating Segments | Brand Portfolio | Wholesale
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	54,136	42,715	141,911	91,358
Operating Segments | Brand Portfolio | First Cost commission income
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	4,422	2,377	7,576	5,708
Operating Segments | Brand Portfolio | Direct-to-consumer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	7,793	5,437	14,320	10,890
Elimination of intersegment sales
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	(19,379)	(13,872)	(45,352)	(29,406)
Elimination of intersegment sales | Brand Portfolio
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
External customer sales	$ 19,379	$ 13,872	$ 45,352	$ 29,406

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands, shares in Millions	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Jul. 01, 2022	Jan. 29, 2022
Related Party Transaction [Line Items]
Related party transaction outstanding common shares owned (in hundredths)	22%		22%
Related party transaction combined voting power of outstanding common shares (in hundredths)	58%		58%
Current operating lease liabilities	$ 192,130	$ 190,853	$ 192,130	$ 190,853		$ 202,228
Non-current operating lease liabilities	588,064	645,136	588,064	645,136		593,429
Related Party
Related Party Transaction [Line Items]
Current operating lease liabilities	5,300	6,400	5,300	6,400		6,300
Non-current operating lease liabilities	9,600	21,300	9,600	21,300		$ 18,300
Related Party
Related Party Transaction [Line Items]
Lease expense	$ 2,500	2,700	$ 5,000	5,400
Class A Common Shares
Related Party Transaction [Line Items]
Related party transaction, number of shares owned by related party (in shares)	6.8		6.8
Class B Common Shares
Related Party Transaction [Line Items]
Related party transaction, number of shares owned by related party (in shares)	7.7		7.7
Schottenstein Affiliates
Related Party Transaction [Line Items]
Related party transaction, purchases from related party	$ 1,400	1,100	$ 2,500	$ 2,500
Royalty Arrangement
Related Party Transaction [Line Items]
Royalty expense	$ 4,600	$ 4,600	$ 9,200
ABG-Camuto, LLC
Related Party Transaction [Line Items]
Ownership percentage	40%		40%
Le Tigre
Related Party Transaction [Line Items]
Ownership percentage	33.30%		33.30%		33.30%

Earnings Per Share (Details)

Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Earnings Per Share [Abstract]
Weighted average basic shares outstanding	69,604	72,932	71,263	72,773
Dilutive effect of stock-based compensation awards	4,338	4,687	4,106	4,498
Weighted average diluted shares outstanding	73,942	77,619	75,369	77,271

Earnings Per Share - Anti-Dilut

Earnings Per Share - Anti-Dilutive Securities (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 31, 2021
Earnings Per Share [Abstract]
Securities outstanding not included in computation of diluted earnings per share	3.1	2.9	3

Stock-Based Compensation - Expe

Stock-Based Compensation - Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 7,369	$ 5,908	$ 15,963	$ 13,365
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	0	132	101	385
Restricted and director stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 7,369	$ 5,776	$ 15,862	$ 12,980

Stock-Based Compensation - Awar

Stock-Based Compensation - Award Activity (Details) shares in Thousands	6 Months Ended
	Jul. 30, 2022 shares
Shares of Time-Based RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding - beginning of period	6,058
Granted	1,915
Vested	(641)
Forfeited	(115)
Outstanding - end of period	7,217
Shares of Performance-Based RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding - beginning of period	744
Granted	614
Vested	(174)
Forfeited	0
Outstanding - end of period	1,184

Shareholders' Equity - Class of

Shareholders' Equity - Class of Stock (Details)	Jul. 30, 2022 vote $ / shares shares	Jan. 29, 2022 shares	Jul. 31, 2021 shares
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)	100,000,000
Preferred stock, par value (USD per share) | $ / shares	$ 0
Preferred stock, shares issued (in shares)	0
Class A Common Shares
Class of Stock [Line Items]
Common stock, number of votes per share | vote	1
Common stock, shares authorized (in shares)	250,000,000	250,000,000	250,000,000
Common stock, shares, issued (in shares)	88,397,000	87,793,000	87,405,000
Common stock, shares, outstanding (in shares)	56,803,000	65,624,000	65,236,000
Treasury shares (in shares)	31,594,000	22,169,000	22,169,000
Class B Common Shares
Class of Stock [Line Items]
Common stock, number of votes per share | vote	8
Common stock, shares authorized (in shares)	100,000,000	100,000,000	100,000,000
Common stock, shares, issued (in shares)	7,733,000	7,733,000	7,733,000
Common stock, shares, outstanding (in shares)	7,733,000	7,733,000	7,733,000
Treasury shares (in shares)	0	0	0

Shareholders' Equity - Dividend

Shareholders' Equity - Dividends (Details) - $ / shares		3 Months Ended	6 Months Ended
	Aug. 25, 2022	Jul. 30, 2022	Jul. 30, 2022
Dividends Payable [Line Items]
Dividends declared (USD per share)		$ 0.05	$ 0.05
Subsequent Event
Dividends Payable [Line Items]
Dividends declared (USD per share)	$ 0.05

Shareholders' Equity - Share Re

Shareholders' Equity - Share Repurchases (Details) - USD ($) shares in Millions, $ in Millions	6 Months Ended
	Jul. 30, 2022	Aug. 17, 2017
Equity [Abstract]
Share repurchase authorized amount		$ 500
Remaining authorized amount	$ 206.4	$ 33.5
Repurchase of Class A common shares (in shares)	9.4
Repurchase of Class A common shares	$ 128.5

Receivables (Details)

Receivables (Details) - USD ($) $ in Thousands	Jul. 30, 2022	Jan. 29, 2022	Jul. 31, 2021
Customer accounts receivables:
Serviced by third-party provider with guaranteed payment	$ 31,172	$ 27,827	$ 27,638
Serviced by third-party provider without guaranteed payment	126	82	76
Serviced in-house	2,768	2,783	2,665
Income tax receivable	163,825	162,240	158,890
Other receivables	8,076	8,026	11,295
Total receivables	205,967	200,958	200,564
Allowance for doubtful accounts	(1,087)	(1,132)	(1,193)
Receivables, net	$ 204,880	$ 199,826	$ 199,371

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Thousands	Jul. 30, 2022	Apr. 30, 2022	Jan. 29, 2022	Jul. 31, 2021	May 01, 2021	Jan. 30, 2021
Payables and Accruals [Abstract]
Gift cards	$ 30,118	$ 32,844	$ 36,783	$ 28,691	$ 30,809	$ 34,442
Accrued compensation and related expenses	45,687		41,603	49,037
Accrued taxes	30,027		28,327	35,030
Loyalty programs deferred revenue	16,788	$ 16,243	15,736	15,255	$ 12,955	$ 11,379
Sales returns, customer allowances and discounts	21,353		20,671	21,307
Other	66,496		72,692	72,735
Accrued expenses	$ 210,469		$ 215,812	$ 222,055

Debt (Details)

Debt (Details) - USD ($) $ in Thousands			3 Months Ended		6 Months Ended
	Feb. 08, 2022	Aug. 07, 2020	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021	Jan. 29, 2022
Debt Instrument [Line Items]
Long-term debt, gross			$ 387,441	$ 254,310	$ 387,441	$ 254,310	$ 231,250
Less unamortized Term Loan debt issuance costs			0	(7,241)	0	(7,241)	(5,714)
Less current maturities of long-term debt			0	(62,500)	0	(62,500)	0
Long-term debt			387,441	184,569	387,441	184,569	225,536
Line of credit facility, current borrowing capacity			550,000		550,000
Letters of credit outstanding, amount			4,900		4,900
Line of credit facility, available borrowing capacity			157,700		157,700
Loss on extinguishment of debt and write-off of debt issuance costs			0	0	12,862	0
ABL Revolver
Debt Instrument [Line Items]
Long-term debt, gross		$ 550,000	387,400		$ 387,400
Basis spread on variable interest rate					3.90%
Covenant, fixed charge coverage ratio, minimum					1
Minimum availability covenant					$ 41,300
Minimum availability covenant, percent of maximum borrowing amount					10%
ABL Revolver | 2020 ABL Revolver
Debt Instrument [Line Items]
Long-term debt, gross			0	16,810	$ 0	16,810	0
ABL Revolver | 2022 ABL Revolver
Debt Instrument [Line Items]
Long-term debt, gross			387,441	0	387,441	0	0
ABL Revolver | Overnight Bank Funding Rate
Debt Instrument [Line Items]
Basis spread on variable interest rate		0.50%
ABL Revolver | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate		1%
ABL Revolver | London Interbank Offered Rate (LIBOR) | Interest Rate Floor
Debt Instrument [Line Items]
Basis spread on variable interest rate		0%
ABL Revolver | Canadian
Debt Instrument [Line Items]
Long-term debt, gross		$ 55,000
Term Loan
Debt Instrument [Line Items]
Long-term debt, gross			$ 0	$ 237,500	$ 0	$ 237,500	$ 231,250
Repayments of debt	$ 231,300
Loss on extinguishment of debt and write-off of debt issuance costs	12,700
Prepayment premium	6,900
Write-off of unamortized debt issuance costs	$ 5,700
Letter of Credit
Debt Instrument [Line Items]
Long-term debt, gross		75,000
Domestic Line of Credit | United States
Debt Instrument [Line Items]
Long-term debt, gross		55,000
Foreign Line of Credit | Canadian
Debt Instrument [Line Items]
Long-term debt, gross		$ 5,500

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	Jul. 30, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Guarantees	$ 12

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 30, 2022	Jul. 31, 2021	Jul. 30, 2022	Jul. 31, 2021
Segment information [Abstract]
External customer sales	$ 859,319	$ 817,335	$ 1,689,862	$ 1,520,490
Gross profit	295,670	284,681	571,415	500,792
Income from equity investments	2,435	2,290	4,380	3,998
Product
Segment information [Abstract]
External customer sales	859,319	817,335	1,689,862	1,520,490
Operating Segments | U.S. Retail
Segment information [Abstract]
External customer sales	734,063	723,093	1,436,808	1,343,751
Gross profit	251,143	256,893	484,210	450,006
Income from equity investments	0	0	0	0
Operating Segments | Canada Retail
Segment information [Abstract]
External customer sales	78,284	57,585	134,599	98,189
Gross profit	30,974	18,768	49,847	29,603
Income from equity investments	0	0	0	0
Operating Segments | Brand Portfolio
Segment information [Abstract]
External customer sales	66,351	50,529	163,807	107,956
Gross profit	12,294	8,533	36,136	20,459
Income from equity investments	2,435	2,290	4,380	3,998
Operating Segments | Product
Segment information [Abstract]
External customer sales	878,698	831,207	1,735,214	1,549,896
Operating Segments | Product | U.S. Retail
Segment information [Abstract]
External customer sales	734,063	723,093	1,436,808	1,343,751
Operating Segments | Product | Canada Retail
Segment information [Abstract]
External customer sales	78,284	57,585	134,599	98,189
Operating Segments | Product | Brand Portfolio
Segment information [Abstract]
External customer sales	46,972	36,657	118,455	78,550
Eliminations
Segment information [Abstract]
External customer sales	(19,379)	(13,872)	(45,352)	(29,406)
Gross profit	1,259	487	1,222	724
Income from equity investments	0	0	0	0
Eliminations | Product
Segment information [Abstract]
External customer sales	0	0	0	0
Intersegment eliminations
Segment information [Abstract]
External customer sales	(19,379)	(13,872)	(45,352)	(29,406)
Intersegment eliminations | Brand Portfolio
Segment information [Abstract]
External customer sales	$ 19,379	$ 13,872	$ 45,352	$ 29,406