Genesco (GCO) 10-Q 12 Dec 19 2020 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Nov. 02, 2019	Nov. 29, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	1-3083
Entity Registrant Name	Genesco Inc
Entity Incorporation, State or Country Code	TN
Entity Tax Identification Number	62-0211340
Entity Address, Address Line One	1415 Murfreesboro Pike
Entity Address, City or Town	Nashville,
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37217-2895
City Area Code	(615)
Local Phone Number	367-7000
Title of 12(b) Security	Common Stock, $1.00 par value
Trading Symbol	GCO
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 Common Stock, Shares Outstanding (in shares)		14,700,187
Entity Central Index Key	0000018498
Document Period End Date	Nov. 2, 2019
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--02-01

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Current Assets:
Cash and cash equivalents	$ 55,826	$ 167,355	$ 53,423
Accounts receivable, net of allowances of $2,457 at Nov. 2, 2019, $2,894 at Feb. 2, 2019 and $3,217 at Nov. 3, 2018	34,849	132,390	39,158
Inventories	473,940	366,667	454,673
Prepaids and other current assets	36,179	64,634	60,159
Current assets - discontinued operations	0	0	235,689
Total current assets	600,794	731,046	843,102
Property and equipment:
Land	7,943	7,953	7,934
Buildings and building equipment	82,467	82,621	82,317
Computer hardware, software and equipment	139,814	138,147	135,297
Furniture and fixtures	130,013	129,625	128,919
Construction in progress	12,911	5,920	13,230
Improvements to leased property	339,721	341,134	339,995
Property and equipment, at cost	712,869	705,400	707,692
Accumulated depreciation	(451,588)	(428,025)	(421,839)
Property and equipment, net	261,281	277,375	285,853
Operating lease right of use asset	750,855
Goodwill	92,166	93,081	92,396
Trademarks, net of accumulated amortization of zero at Nov. 2, 2019, Feb. 2, 2019 and Nov. 3, 2018	30,637	30,904	30,714
Other intangibles, net of accumulated amortization of $1,794 at Nov. 2, 2019, $4,680 at Feb. 2, 2019 and $4,574 at Nov. 3, 2018	0	943	1,014
Deferred income taxes	25,188	21,335	25,015
Other noncurrent assets	24,571	26,397	27,697
Non-current assets - discontinued operations	0	0	124,922
Total Assets	1,785,492	1,181,081	1,430,713
Current Liabilities:
Accounts payable	195,906	158,603	176,451
Accrued employee compensation	31,531	43,246	28,716
Accrued other taxes	12,978	17,389	16,459
Accrued income taxes	73	2,133	69
Current portion – long-term debt	17,146	8,992	9,325
Current portion - operating lease liability	145,788
Other accrued liabilities	44,614	45,313	40,204
Provision for discontinued operations	488	553	470
Current liabilities - discontinued operations	0	0	100,598
Total current liabilities	448,524	276,229	372,292
Long-term debt	62,368	56,751	72,455
Long-term operating lease liability	663,168
Other long-term liabilities	36,138	108,704	117,782
Provision for discontinued operations	1,846	1,846	1,743
Non-current liabilities - discontinued operations	0	0	24,680
Total liabilities	1,212,044	443,530	588,952
Commitments and contingent liabilities
Equity:
Non-redeemable preferred stock	1,011	1,060	1,061
Common equity:
Common stock, $1 par value: Authorized: 80,000,000 shares Issued/Outstanding: Nov. 2, 2019 – 15,188,651/14,700,287 February 2, 2019 – 19,591,048/19,102,584, Nov. 3, 2018 – 20,381,008/20,192,544	15,189	19,591	20,681
Additional paid-in capital	271,505	264,138	260,709
Retained earnings	343,156	508,555	617,923
Accumulated other comprehensive loss	(39,556)	(37,936)	(43,054)
Treasury shares, at cost (488,464 shares)	(17,857)	(17,857)	(17,857)
Total Genesco equity	573,448	737,551	839,463
Noncontrolling interest – non-redeemable	0	0	2,298
Total equity	573,448	737,551	841,761
Total Liabilities and Equity	$ 1,785,492	$ 1,181,081	$ 1,430,713

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Current assets:
Allowances on accounts receivable	$ 2,457	$ 2,894	$ 3,217
Accumulated amortization on trademarks	0	0	0
Accumulated amortization on other intangibles	$ 1,794	$ 4,680	$ 4,574
Common Shareholders Equity
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)	15,188,651	19,591,048	20,681,008
Common stock outstanding (in shares)	14,700,187	19,102,584	20,192,544
Treasury shares, at cost (in shares)	488,464	488,464	488,464

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Income Statement [Abstract]
Net sales	$ 537,263	$ 539,828	$ 1,519,487	$ 1,513,062
Cost of sales	273,061	277,910	773,844	781,669
Selling and administrative expenses	237,460	235,601	705,811	699,200
Asset impairments and other, net	799	(70)	1,843	1,019
Operating income	25,943	26,387	37,989	31,174
Other components net periodic benefit cost	(92)	(30)	(271)	(67)
Interest expense, net:
Interest expense	808	984	2,491	3,144
Interest income	(206)	(147)	(1,708)	(176)
Total interest expense, net	602	837	783	2,968
Earnings from continuing operations before income taxes	25,433	25,580	37,477	28,273
Income tax expense	6,454	5,886	11,235	6,748
Earnings from continuing operations	18,979	19,694	26,242	21,525
Loss from discontinued operations, net of tax	(80)	(5,307)	(420)	(9,484)
Net Earnings	$ 18,899	$ 14,387	$ 25,822	$ 12,041
Basic earnings per common share:
Continuing operations (in dollars per share)	$ 1.31	$ 1.01	$ 1.64	$ 1.11
Discontinued operations (in dollars per share)	0	(0.27)	(0.03)	(0.49)
Net earnings (in dollars per share)	1.31	0.74	1.61	0.62
Diluted earnings per common share:
Continuing operations (in dollars per share)	1.31	1	1.63	1.10
Discontinued operations (in dollars per share)	(0.01)	(0.27)	(0.03)	(0.48)
Net earnings (in dollars per share)	$ 1.30	$ 0.73	$ 1.60	$ 0.62

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Statement of Comprehensive Income [Abstract]
Net earnings	$ 18,899	$ 14,387	$ 25,822	$ 12,041
Other comprehensive income (loss):
Pension liability adjustments, net of tax	51	145	157	430
Postretirement liability adjustments, net of tax	(167)	11	(500)	48
Foreign currency translation adjustments	8,715	(466)	(1,277)	(14,340)
Total other comprehensive income (loss)	8,599	(310)	(1,620)	(13,862)
Comprehensive income (loss)	$ 27,498	$ 14,077	$ 24,202	$ (1,821)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands		3 Months Ended						9 Months Ended		12 Months Ended
		Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Nov. 02, 2019	Nov. 03, 2018	Feb. 02, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings		$ 18,899	$ 577	$ 6,346	$ 14,387	$ (15)	$ (2,331)	$ 25,822	$ 12,041
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities
Depreciation and amortization		12,180			19,151			37,298	58,069
Amortization of deferred note expense and debt discount		98			146			315	447
Deferred income taxes		(1,842)			(1,976)			(3,127)	(1,926)
Provision (recoveries) on accounts receivable		(167)			50			(76)	(53)
Gain on sale of business		0			0			86	0
Impairment of intangible assets		268			5,736			268	5,736
Impairment of long-lived assets		531			1,522			1,569	3,724
Restricted stock expense		2,617			3,408			7,485	10,130
Provision for discontinued operations		107			178			487	455
Other		28			(566)			803	1,005
Effect on cash from changes in working capital and other assets and liabilities, net of acquisitions:
Accounts receivable		(7,752)			(10,315)			(5,158)	(8,219)
Inventories		(25,566)			(59,680)			(107,657)	(130,537)
Prepaids and other current assets		9,343			3,897			11,001	(6,949)
Accounts payable		30,892			37,599			51,756	110,587
Other accrued liabilities		2,436			3,949			(17,225)	3,961
Other assets and liabilities		(1,158)			(2,231)			(841)	(174)
Net cash provided by operating activities		40,914			15,255			2,806	58,297
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures		(8,137)			(16,082)			(21,388)	(47,208)
Other investing activities		0			872			23	1,505
Proceeds from sale of business and asset sales		0			23			98,707	297
Net cash provided by (used in) investing activities		(8,137)			(15,187)			77,342	(45,406)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of long-term debt		0			(400)			(789)	(1,240)
Borrowings under revolving credit facility		24,291			33,946			74,123	239,942
Payments on revolving credit facility		(21,839)			(34,535)			(59,042)	(239,554)
Share repurchases related to share repurchase program		(43,849)			0			(189,210)	0
Restricted shares withheld for taxes		0			0			(2,209)	(2,433)
Change in overdraft balances		6,027			4,643			(14,191)	8,316
Additions to deferred note cost		0			0			0	(359)
Other		0			(73)			0	(3,282)
Net cash provided by (used in) financing activities		(35,370)			3,581			(191,318)	1,390
Effect of foreign exchange rate fluctuations on cash		454			(12)			(359)	(795)
Net Increase (Decrease) in Cash and Cash Equivalents		(2,139)			3,637			(111,529)	13,486
Cash and cash equivalents at beginning of period	[1]	57,965		$ 167,355	49,786		$ 39,937	167,355	39,937	$ 39,937
Cash and cash equivalents at end of period	[1]	55,826	$ 57,965		53,423	$ 49,786		55,826	53,423	$ 167,355
Net cash paid for:
Interest		639			628			2,146	2,352
Income taxes		$ (253)			$ 2,080			$ 3,542	$ 12,041
[1]	(1) The cash flows related to discontinued operations have not been segregated and are included in the Condensed Consolidated Cash Flows for the three and nine months ended November 3, 2018.

Condensed Consolidated Statem_4

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 Feb. 03, 2018	$ 830,704	$ 1,052	$ 20,392	$ 250,877	$ 603,902	$ (29,192)	$ (17,857)	$ 1,530
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(2,331)				(2,331)
Other comprehensive earnings (loss)	(7,698)					(7,698)
Employee and non-employee restricted stock	3,354			3,354
Restricted stock issuance	0		14	(14)
Other	(1)	(12)	(2)	13
Noncontrolling interest – earnings	398							398
Ending Balance at May. 05, 2018	828,839	1,040	20,404	254,230	605,984	(36,890)	(17,857)	1,928
Beginning Balance at Feb. 03, 2018	830,704	1,052	20,392	250,877	603,902	(29,192)	(17,857)	1,530
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	12,041
Other comprehensive earnings (loss)	(13,862)
Ending Balance at Nov. 03, 2018	841,761	1,061	20,681	260,709	617,923	(43,054)	(17,857)	2,298
Beginning Balance at May. 05, 2018	828,839	1,040	20,404	254,230	605,984	(36,890)	(17,857)	1,928
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(15)				(15)
Other comprehensive earnings (loss)	(5,854)					(5,854)
Employee and non-employee restricted stock	3,368			3,368
Restricted stock issuance	0		375	(375)
Restricted shares withheld for taxes	(2,433)		(61)	61	(2,433)
Other	1	24	(34)	11
Noncontrolling interest – earnings	252							252
Ending Balance at Aug. 04, 2018	824,158	1,064	20,684	257,295	603,536	(42,744)	(17,857)	2,180
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	14,387				14,387
Other comprehensive earnings (loss)	(310)					(310)
Employee and non-employee restricted stock	3,408			3,408
Other	0	(3)	(3)	6
Noncontrolling interest – earnings	118							118
Ending Balance at Nov. 03, 2018	841,761	1,061	20,681	260,709	617,923	(43,054)	(17,857)	2,298
Beginning Balance at Feb. 02, 2019	737,551	1,060	19,591	264,138	508,555	(37,936)	(17,857)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	6,346				6,346
Other comprehensive earnings (loss)	968					968
Employee and non-employee restricted stock	2,239			2,239
Shares repurchased	(79,971)		(1,809)		(78,162)
Other	1	(48)	(29)	78
Ending Balance at May. 04, 2019	662,926	1,012	17,753	266,455	432,531	(36,968)	(17,857)	0
Beginning Balance at Feb. 02, 2019	737,551	1,060	19,591	264,138	508,555	(37,936)	(17,857)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	25,822
Other comprehensive earnings (loss)	(1,620)
Shares repurchased	(189,400)
Ending Balance at Nov. 02, 2019	573,448	1,011	15,189	271,505	343,156	(39,556)	(17,857)	0
Beginning Balance at May. 04, 2019	662,926	1,012	17,753	266,455	432,531	(36,968)	(17,857)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	577				577
Other comprehensive earnings (loss)	(11,187)					(11,187)
Employee and non-employee restricted stock	2,629			2,629
Shares repurchased	(68,114)		(1,611)		(66,503)
Restricted stock issuance	0		285	(285)
Restricted shares withheld for taxes	(2,209)		(56)	56	(2,209)
Other	(1)	(2)	(26)	27
Ending Balance at Aug. 03, 2019	584,621	1,010	16,345	268,882	364,396	(48,155)	(17,857)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	18,899				18,899
Other comprehensive earnings (loss)	8,599					8,599
Employee and non-employee restricted stock	2,617			2,617
Shares repurchased	(41,289)		(1,150)		(40,139)
Other	1	1	(6)	6
Ending Balance at Nov. 02, 2019	$ 573,448	$ 1,011	$ 15,189	$ 271,505	$ 343,156	$ (39,556)	$ (17,857)	$ 0

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Nov. 02, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	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 1, 2020 ("Fiscal 2020") and of the fiscal year ended February 2, 2019 ("Fiscal 2019"). 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. Generally Accepted Accounting Principles ("GAAP") have been condensed or omitted. The Condensed Consolidated Balance Sheet as of February 2, 2019 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 2019, which are contained in the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission ("SEC") on April 3, 2019. 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, Little Burgundy and Johnston & Murphy banners and under the Schuh banner in the United Kingdom and the Republic of Ireland; through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, littleburgundyshoes.com, johnstonmurphy.com, johnstonmurphy.ca 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. At November 2, 2019, the Company operated 1,492 retail stores in the U.S., Puerto Rico, Canada, the United Kingdom and the Republic of Ireland. On February 2, 2019, the Company completed the sale of its Lids Sports Group business. As a result, the Company reported the operating results of this business in loss from discontinued operations, net of tax in the Condensed Consolidated Statements of Operations for the three and nine months ended November 3, 2018. In addition, the related assets and liabilities as of November 3, 2018 have been reported as assets and liabilities of discontinued operations in the Condensed Consolidated Balance Sheets. The cash flows related to discontinued operations have not been segregated, and are included in the Condensed Consolidated Statements of Cash Flows for the three and nine months ended November 3, 2018. Unless otherwise noted, discussion within these notes to the condensed consolidated financial statements relates to continuing operations. See Note 3 for additional information related to discontinued operations. During the three and nine months ended November 2, 2019 and November 3, 2018, the Company operated four reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz 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) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations, catalog, Trask e-commerce operations and wholesale distribution of products under the Johnston & Murphy ® and H.S. Trask ® brands; and (iv) Licensed Note 1 Summary of Significant Accounting Policies, Continued Brands, comprised of Dockers ® Footwear, sourced and marketed under a license from Levi Strauss & Company; 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. Revenue Recognition In accordance with ASC 606, revenue shall be recognized upon satisfaction of all contractual performance obligations and transfer of control to the customer. Revenue is measured as the amount of consideration the Company expects to be entitled to in exchange for corresponding goods. The majority of the Company's sales are single performance obligation arrangements for retail sale transactions for which the transaction price is equivalent to the stated price of the product, net of any stated discounts applicable at a point in time. Each sales transaction results in an implicit contract with the customer to deliver a product at the point of sale. Revenue from retail sales is recognized at the point of sale, is net of estimated returns, and excludes sales and value added taxes. Revenue from catalog and internet sales is recognized at estimated time of delivery to the customer, is net of estimated returns, and excludes sales and value added taxes. Wholesale revenue is recorded net of estimated returns and allowances for markdowns, damages and miscellaneous claims when the related goods have been shipped and legal title has passed to the customer. Actual amounts of markdowns have not differed materially from estimates. Shipping and handling costs charged to customers are included in net sales. The Company elected the practical expedient within ASC 606 related to taxes that are assessed by a governmental authority, which allows for the exclusion of sales and value added tax from transaction price. A provision for estimated returns is provided through a reduction of sales and cost of goods sold in the period that the related sales are recorded. Estimated returns are based on historical returns and claims. Actual returns and claims in any future period may differ from historical experience. Revenue from gift cards is deferred and recognized upon the redemption of the cards. These cards have no expiration date. Income from unredeemed cards is recognized on the Condensed Consolidated Statements of Operations within net sales in proportion to the pattern of rights exercised by the customer in future periods. The Company performs an evaluation of historical redemption patterns from the date of original issuance to estimate future period redemption activity. The Condensed Consolidated Balance Sheets include an accrued liability for gift cards of $3.7 million , $5.1 million and $3.6 million at November 2, 2019, February 2, 2019 and November 3, 2018, respectively. Gift card breakage recognized as revenue was $0.1 million for each of the third quarters of Fiscal 2020 and Fiscal 2019, and $0.4 million for each of the first nine months of Fiscal 2020 and Fiscal 2019. During the nine months ended November 2, 2019, the Company recognized $2.9 million of gift card redemptions and gift card breakage revenue that were included in the gift card liability as of February 2, 2019. Note 1 Summary of Significant Accounting Policies, Continued Cash and Cash Equivalents The Company's foreign subsidiaries held cash of approximately $6.1 million , $20.8 million and $11.3 million as of November 2, 2019, February 2, 2019 and November 3, 2018, respectively, which is included in cash and cash equivalents on the Condensed Consolidated Balance Sheets. 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 $32.8 million , $127.2 million and $17.0 million in cash equivalents at November 2, 2019, February 2, 2019 and November 3, 2018, respectively. The Company's cash equivalents at November 2, 2019, February 2, 2019 and November 3, 2018 were invested in institutional money market funds which invest exclusively in highly rated, short-term securities that are issued, guaranteed or collateralized by the U.S. government or by U.S. government agencies and instrumentalities. At November 2, 2019, substantially all of the Company’s domestic cash was invested in institutional money market funds. 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 November 2, 2019, February 2, 2019 and November 3, 2018, outstanding checks drawn on zero-balance accounts at certain domestic banks exceeded book cash balances at those banks by approximately $15.4 million , $29.6 million and $22.5 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 21% , two customers each accounted for 9% and no other customer accounted for more than 6% of the Company’s total trade receivables balance as of November 2, 2019. Asset Retirement Obligations The Condensed Consolidated Balance Sheets include asset retirement obligations related to leases of $10.7 million , $10.9 million and $10.7 million as of November 2, 2019, February 2, 2019 and November 3, 2018, respectively. Note 1 Summary of Significant Accounting Policies, Continued Fair Value of Financial Instruments The carrying amounts and fair values of the Company’s financial instruments at November 2, 2019 and February 2, 2019 are as follows: Fair Values In Thousands November 2, 2019 February 2, 2019 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Credit Facility Borrowings $ 62,368 $ 63,199 $ 56,773 $ 56,861 UK Term Loans 8,088 8,098 8,970 9,063 UK Revolver Borrowings 9,058 9,085 — — 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 from the warehouse to the customer 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 $1.3 million and $1.4 million for the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $4.0 million and $4.2 million for the first nine months of Fiscal 2020 and Fiscal 2019, 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 occupancy costs recorded in selling and administrative expense were $82.7 million and $84.0 million for the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $251.8 million and $252.0 million for the first nine months of Fiscal 2020 and Fiscal 2019, respectively. Advertising Costs Advertising costs are predominantly expensed as incurred. Advertising costs were $18.3 million and $17.8 million for the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $48.5 million and $47.6 million for the first nine months of Fiscal 2020 and Fiscal 2019, respectively. Note 1 Summary of Significant Accounting Policies, Continued 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 third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $1.8 million and $1.7 million for the first nine months of Fiscal 2020 and Fiscal 2019, respectively. During the first nine months of Fiscal 2020 and Fiscal 2019, 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 $2.2 million for the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $5.9 million and $5.6 million for the first nine months of Fiscal 2020 and Fiscal 2019, respectively. During the first nine months of Fiscal 2020 and Fiscal 2019, 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 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 for each of the third quarters of Fiscal 2020 and Fiscal 2019, and a net loss of $0.3 million and $0.8 million for the first nine months of Fiscal 2020 and Fiscal 2019, respectively. Other Comprehensive Income ASC 220 requires, among other things, the Company’s pension liability adjustment, postretirement liability adjustment and foreign currency translation adjustment to be included in other comprehensive income net of tax. Accumulated other comprehensive loss at November 2, 2019 consisted of $5.9 million of cumulative pension liability adjustments, net of tax, a cumulative post-retirement liability adjustment of $(1.4) million , net of tax, and a cumulative foreign currency translation adjustment of $35.0 million . Note 1 Summary of Significant Accounting Policies, Continued The following table summarizes the components of accumulated other comprehensive loss ("AOCI") for the nine months ended November 2, 2019: In Thousands Foreign Currency Translation Unrecognized Pension Postretirement Benefit Costs Total Accumulated Other Comprehensive Income (Loss) Balance February 2, 2019 $(33,752) $(4,184) $(37,936) Other comprehensive income (loss) before reclassifications: Foreign currency translation adjustment (1,219 ) — (1,219 ) Loss on intra-entity foreign currency transactions (long-term investment nature) (58 ) — (58 ) Amounts reclassified from AOCI: Amortization of net actuarial loss and prior service cost (1) — (462 ) (462 ) Income tax expense — (119 ) (119 ) Current period other comprehensive loss, net of tax (1,277 ) (343 ) (1,620 ) Balance November 2, 2019 $(35,029) $(4,527) $(39,556) (1) Amount is included in other components of net periodic benefit cost on the Condensed Consolidated Statements of Operations. Income Taxes The Company recorded an effective income tax rate of 25.4% and 23.0% in the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and 30.0% and 23.9% in the first nine months of Fiscal 2020 and Fiscal 2019, respectively. The tax rate for the third quarter and first nine months of Fiscal 2020 and 2019 reflects the inability to recognize a tax benefit for certain foreign losses. The tax rates were also impacted by $(0.1) million of tax benefit for the first nine months of Fiscal 2020 and $0.5 million of tax expense for the first nine months of Fiscal 2019 due to the impact of ASU 2016-09 related to the vesting of restricted stock. New Accounting Pronouncements New Accounting Pronouncements Recently Adopted The Company adopted ASU 2016-02, " Leases (Topic 842)", ("ASC 842"), as of February 3, 2019, using the optional transition method provided by ASU 2018-11, "Leases (Topic 842): Targeted Improvements". The optional transition approach provides a method for recording existing leases at adoption by allowing a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption, as opposed to the modified or full retrospective transition methods that require restating prior comparative periods. Additionally, the Company elected the “package of practical expedients”, which permits the Company not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company Note 1 Summary of Significant Accounting Policies, Continued also elected the practical expedient to not separate lease and non-lease components for its store and equipment leases. Adoption of the new standard resulted in the recording of additional net operating lease right of use assets and operating lease liabilities of $795.6 million and $855.3 million, respectively, as of February 3, 2019. The operating lease right of use asset is inclusive of the impairments recorded upon adoption for store operating lease right of use assets, which totaled $4.8 million and resulted in a decrease to retained earnings of $4.2 million, net of tax. Right of use assets are recorded based upon the present value of remaining operating lease liabilities adjusted for deferred rent, including tenant allowances from landlords. ASC 842 did not materially impact net earnings or liquidity and did not have an impact on covenant compliance under the Company’s current debt agreements. Financial results for reporting periods beginning after February 3, 2019 are presented in accordance with ASC 842, while prior periods will continue to be reported in accordance with the Company’s historical accounting for leases under ASC Topic 840: "Leases (Topic 840)" and therefore have not been adjusted to conform to Topic 842. For additional information regarding leases, see Note 6. In August 2018, the FASB issued ASU 2018-15, "Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract", (ASU 2018-15"). The standard requires that issuers follow the internal-use software guidance in ASC 350-40 to determine which costs to capitalize as assets or expense as incurred. The ASC 350-40 guidance requires that certain costs incurred during the application development stage be capitalized and other costs incurred during the preliminary project and post-implementation stages be expensed as they are incurred. ASU 2018-15 is effective for fiscal years beginning after December 15, 2019. The Company adopted this standard effective August 4, 2019 and elected to apply the prospective transition approach with no material impact on the Company's Condensed Consolidated Financial Statements. The Company did not capitalize any material implementation costs incurred in a cloud computing arrangement service contract during the three and nine months ended November 2, 2019. New Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU No. 2016-13, " Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments " , which requires entities to use a forward-looking approach based on expected losses to estimate credit losses on certain types of financial instruments, including trade receivables. The FASB has subsequently issued updates to the standard to provide additional clarification on specific topics. This guidance will be effective for the Company in the first quarter of the year ending January 30, 2021 ("Fiscal 2021") with early adoption permitted. The Company is evaluating the impact that adopting this guidance will have on the Company’s Condensed Consolidated Financial Statements.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Nov. 02, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill The changes in the carrying amount of goodwill by segment were as follows: In Thousands Schuh Group Journeys Group Total Goodwill Balance, February 2, 2019 $ 83,243 $ 9,838 $ 93,081 Effect of foreign currency exchange rates (877 ) (38 ) (915 ) Balance, November 2, 2019 $ 82,366 $ 9,800 $ 92,166 As required under ASC 350, the Company annually assesses its goodwill and indefinite lived trade names for impairment and on an interim basis if indicators of impairment are present. The Company’s annual assessment date of goodwill and indefinite lived trade names is the first day of the fourth quarter. During the fourth quarter of Fiscal 2019, because the Schuh Group business had continued to perform below the Company's projected operating results, the Company performed impairment testing as of February 2, 2019. The Company found that the result of the impairment test, which valued the business at approximately $10.8 million in excess of its carrying value, indicated no impairment at that time. The Company may determine in connection with future impairment tests that some or all of the carrying value of the goodwill may be impaired. Such a finding would require a write-off of the amount of the carrying value that is impaired, which would reduce the Company's profitability in the period of the impairment charge. Holding all other assumptions constant as of the measurement date, the Company noted that an increase in the weighted average cost of capital of 100 basis points would reduce the fair value of the Schuh Group business by $11.4 million . Furthermore, the Company noted that a decrease in projected annual revenue growth by one percent would reduce the fair value of the Schuh Group business by $7.4 million . However, if other assumptions do not remain constant, the fair value of the Schuh Group business may decrease by a greater amount. There were no impairment indicators for the nine months ended November 2, 2019. Other Intangible Assets The amortization of intangibles was less than $0.1 million

Asset Impairments and Other Cha

Asset Impairments and Other Charges and Discontinued Operations	9 Months Ended
	Nov. 02, 2019
Asset Impairments and Other Charges and Discontinued Operations [Abstract]
Asset Impairments and Other Charges and Discontinued Operations	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 $0.8 million in the third quarter of Fiscal 2020 for retail store and intangible asset impairments. The Company recorded pretax charges of $1.8 million in the first nine months of Fiscal 2020 for retail store and intangible asset impairments. The Company recorded a pretax gain of $(0.1) million in the third quarter of Fiscal 2019, including a gain of $(0.9) million related to Hurricane Maria, partially offset by $0.7 million for retail store asset impairments and $0.1 million for other hurricane losses. The Company recorded pretax charges of $1.0 million in the first nine months of Fiscal 2019, including $2.0 million for retail store asset impairments, $0.3 million for legal and other matters and $0.1 million for other hurricane losses, partially offset by a gain of $(1.4) million related to Hurricane Maria. Discontinued Operations On December 14, 2018, the Company entered into a definitive agreement for the sale of Lids Sports Group to FanzzLids Holdings, LLC (the "Purchaser"), a holding company controlled and operated by affiliates of Ames Watson Capital, LLC. The sale was completed on February 2, 2019 for $93.8 million cash which consisted of a sale price of $100.0 million and working capital adjustments of $6.2 million. Because the effective date of closing was a Saturday and the cash proceeds were not received by the Company until February 4, 2019, the purchase price is reflected in accounts receivable at February 2, 2019. As a result of the sale, the Company met the requirements of ASC 360 to report the results of Lids Sports Group as discontinued operations. The Company has presented operating results of Lids Sports Group in loss from discontinued operations, net on the Condensed Consolidated Statements of Operations for the three and nine months ended November 3, 2018. Certain corporate overhead costs and other allocated costs previously allocated to the Lids Sports Group business for segment reporting purposes did not qualify for classification within discontinued operations and have been reallocated to continuing operations whereas bank fees and certain legal fees related to the Lids Sports Group business segment previously excluded from segment earnings were reclassified to discontinued operations. The costs of the Lids Sports Group headquarters building, which was not included in the sale, was reclassified to corporate and other in segment earnings. The related assets and liabilities of Lids Sports Group are presented as current and non-current assets and liabilities of discontinued operations in the Condensed Consolidated Balance Sheets as of November 3, 2018. The Company provided various transition services to the Purchaser under a separate agreement during the six months subsequent to the closing. Note 3 Asset Impairments and Other Charges and Discontinued Operations, Continued As part of the Lids Sports Group sale transaction, the Purchaser has agreed to indemnify and hold the Company harmless in connection with continuing obligations and any guarantees of the Company in place as of February 2, 2019 in respect of post-closing or assumed liabilities or obligations of the Lids Sports Group business. The Purchaser has agreed to use commercially reasonable efforts to have any guarantees by, or continuing obligations of, the Company released. However, absent a release of the Company by the counterparty, the Company is contingently liable in the event of a breach by the Purchaser of any such obligation to a third-party. The foregoing guarantees of the Company include 40 Lids Sports Group leases with lease expirations through October of 2027 and estimated maximum future payments totaling $22.6 million as of November 2, 2019. The Company does not believe the fair value of the guarantees is material to the Company's Condensed Consolidated Financial Statements. The Purchaser has also agreed to assume the defense of and indemnify the Company in the Shumate v. Genesco Inc., et al., Ward v. Hat World, Inc., and Stewart vs. Hat World, Inc., et al. litigation matters previously disclosed in the Company's Annual Report on Form 10-K for the fiscal year ended February 2, 2019. In the event that the Purchaser fails to satisfy its defense and indemnification obligations, the Company could be liable for any of the liabilities or obligations ultimately determined to be due in connection with these matters. Components of amounts reflected in loss from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations for the three and nine months ended November 3, 2018 are as follows: Three Months Ended Nine Months Ended In Thousands November 3, 2018 November 3, 2018 Net sales $173,241 $498,858 Cost of sales 82,031 233,853 Selling and administrative expenses 91,498 269,065 Asset impairments and other, net 6,628 8,130 Other components of net periodic benefit cost (28 ) (84 ) Provision for discontinued operations (1) (178 ) (455 ) Loss from discontinued operations before taxes (7,122 ) (12,729 ) Income tax benefit (1,815 ) (3,245 ) Loss from discontinued operations, net of tax $(5,307) $(9,484) (1) Expenses primarily for anticipated costs of environmental remedial alternatives related to former facilities operated by the Company (see additional disclosures below and in Note 9). Note 3 Asset Impairments and Other Charges and Discontinued Operations, Continued Assets and liabilities of discontinued operations presented in the Condensed Consolidated Balance Sheets at November 3, 2018 are included in the following table. In Thousands November 3, 2018 Assets Accounts Receivable $ 9,206 Inventories 211,493 Prepaids and other current assets 14,990 Current assets - discontinued operations $ 235,689 Property and equipment, net $ 76,025 Trademarks 48,658 Other intangibles 239 Non-Current assets - discontinued operations $ 124,922 Liabilities Accounts payable $ 81,053 Accrued employee compensation 2,818 Other accrued liabilities 16,727 Current liabilities - discontinued operations $ 100,598 Other long-term liabilities $ 24,680 Non-Current liabilities - discontinued operations $ 24,680 The following table summarizes depreciation and amortization, capital expenditures and the significant operating noncash items from discontinued operations for the three and nine months ended November 3, 2018: Three Months Ended Nine Months Ended In Thousands November 3, 2018 November 3, 2018 Depreciation and amortization $6,190 $19,030 Capital expenditures 4,252 12,978 Impairment of long-lived assets 822 1,670 Note 3 Asset Impairments and Other Charges and Discontinued Operations, Continued Discontinued Operations related to Environmental Matters Accrued Provision for Discontinued Operations In Thousands Facility Shutdown Costs Balance February 3, 2018 $ 3,609 Additional provision Fiscal 2019 743 Charges and adjustments, net (1,953 ) Balance February 2, 2019 2,399 Additional provision Fiscal 2020 487 Charges and adjustments, net (552 ) Balance November 2, 2019 (1) 2,334 Current provision for discontinued operations 488 Total Noncurrent Provision for Discontinued Operations $ 1,846 (1) Includes a $1.7 million environmental provision, including $0.5 million in current provision for discontinued operations (see Note 9).

Inventories

Inventories	9 Months Ended
	Nov. 02, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories In Thousands November 2, February 2, Wholesale finished goods $ 29,721 $ 45,679 Retail merchandise 444,219 320,988 Total Inventories $ 473,940 $ 366,667

Fair Value

Fair Value	9 Months Ended
	Nov. 02, 2019
Fair Value Disclosures [Abstract]
Fair Value	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 GAAP 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 November 2, 2019 aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands): Long-Lived Assets Held and Used Level 1 Level 2 Level 3 Total Losses Measured as of May 4, 2019 $ 906 $ — $ — $ 906 $ 307 Measured as of August 3, 2019 63 — — 63 731 Measured as of November 2, 2019 263 — — 263 799 Sub-total asset impairment YTD $ 1,232 $ — $ — $ 1,232 $ 1,837 In accordance with the Property, Plant and Equipment Topic of the Codification, the Company recorded $0.8 million and $1.8 million of impairment charges as a result of the fair value measurement of its long-lived assets held and used during the three and nine months ended November 2, 2019, 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.

Leases

Leases	9 Months Ended
	Nov. 02, 2019
Leases [Abstract]
Leases	Leases The Company leases its office space and all of its retail store locations, transportation equipment and other equipment under various noncancelable operating leases. The leases have varying terms and expire at various dates through 2034. The store leases in the United States, Puerto Rico and Canada typically have initial terms of approximately 10 years . The store leases in the United Kingdom and the Republic of Ireland typically have initial terms of between 10 and 15 years . The Company's lease portfolio includes leases with fixed base rental payments, rental payments based on a percentage of retail sales over contractual amounts and others with predetermined fixed escalations of the minimum rentals based on a defined consumer price index or percentage. Generally, most of the leases require the Company to pay taxes, insurance, maintenance costs and contingent rentals based on sales. The Company evaluates renewal options and break options at lease inception and on an ongoing basis, and includes renewal options and break options that it is reasonably certain to exercise in its expected lease terms for calculations of its right-of-use assets and liabilities. Approximately 2% of the Company’s leases contain renewal options. The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. Under ASC 842, for store and equipment leases beginning in Fiscal 2020 and later, the Company has elected to not separate fixed lease components and non-lease components. Accordingly, the Company includes fixed rental payments, common area maintenance costs, promotional advertising costs and other fixed costs in its measurement of lease liabilities. The Company's leases do not provide an implicit rate, so the incremental borrowing rate, based on the information available at commencement or modification date, is used in determining the present value of lease payments. The incremental borrowing rate represents an estimate of the interest rate the Company would incur at lease commencement to borrow an amount equal to the lease payments on a collateralized basis over the term of a lease within a particular currency environment. For operating leases that commenced prior to the date of adoption of the new lease accounting guidance, the Company used the incremental borrowing rate that corresponded to the initial lease term as of the date of adoption. Net lease costs are included within selling and administrative expenses on the Condensed Consolidated Statements of Operations. The table below presents the components of lease cost for operating leases for the three and nine months ended November 2, 2019. Three Months Ended Nine Months Ended In Thousands November 2, 2019 November 2, 2019 Operating lease cost $46,272 $137,242 Variable lease cost 3,051 8,884 Less: Sublease income (60 ) (246 ) Net Lease Cost $49,263 $145,880 Note 6 Leases, Continued The following table reconciles the maturities of undiscounted cash flows to the Company's operating lease liabilities recorded on the Condensed Consolidated Balance Sheets at November 2, 2019: Fiscal Years In Thousands November 3, 2019 through February 1, 2020 $46,808 2021 182,146 2022 168,712 2023 148,413 2024 126,016 Thereafter 278,740 Total undiscounted future minimum lease payments 950,835 Less: Amounts representing interest (141,879) Total Present Value of Operating Lease Liabilities $808,956 The Company's weighted-average remaining lease term and weighted-average discount rate for operating leases as of November 2, 2019 are: November 2, 2019 Weighted-average remaining lease term (years) 6.2 years Weighted-average discount rate 5.2% As of November 2, 2019, the Company has additional leases that have not yet commenced with total discounted future minimum lease payments of $5.6 million. These leases will commence during Fiscal 2020 and Fiscal 2021 with lease terms of 2 years to 10 years . Supplemental cash flow information and non-cash activity related to the Company's operating leases are as follows: Three Months Ended Nine Months Ended In Thousands November 2, 2019 November 2, 2019 Operating cash flow information: Cash paid for amounts included in the measurement of operating lease liabilities $45,338 $137,108 Non-cash activity: Operating lease right-of-use assets obtained in exchange for operating lease liabilities $19,220 $54,175 Note 6 Leases, Continued Prior Period Comparative Disclosures Under the optional transition method, for leases that existed prior to and at the adoption of the new standard, the Company continues to present comparative prior period lease amounts in accordance with ASC 840, "Leases " . As of February 2, 2019 future minimum rental commitments were: Fiscal Years In Thousands 2020 $183,432 2021 171,584 2022 159,155 2023 140,889 2024 119,023 Thereafter 323,638 Total Minimum Rental Commitments $1,097,721 For leases that contain predetermined fixed escalations of the minimum rentals, the related rental expense is recognized on a straight-line basis and the cumulative expense recognized on the straight-line basis in excess of the cumulative payments is included in other long-term liabilities on the Condensed Consolidated Balance Sheets for comparative periods. The Company receives reimbursements from landlords for some leases to be used towards construction of the store the Company intends to lease. The reimbursements are amortized as reduction of rent expense over the initial lease term. Leasehold improvements are recorded at their gross costs including items reimbursed by landlords. The reimbursements are recorded as deferred rent and amortized as a reduction of rent expense over the initial lease term. Tenant allowances of $22.5 million and deferred rent of $48.6 million at February 2, 2019 and tenant allowances of $22.4 million and deferred rent of $47.8

Defined Benefit Pension Plans a

Defined Benefit Pension Plans and Other Postretirement Benefit Plans	9 Months Ended
	Nov. 02, 2019
Retirement Benefits [Abstract]
Defined Benefit Pension Plans and Other Postretirement Benefit Plans	Defined Benefit Pension Plans and Other Postretirement Benefit Plans The following table summarizes the components of net periodic benefit cost related to the Company's pension and postretirement health care and life insurance plans: Components of Net Periodic Benefit Cost Pension Benefits Other Benefits Three Months Ended Three Months Ended In Thousands November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 Service cost $ 163 $ 112 $ 22 $ 122 Interest cost 755 756 37 55 Expected return on plan assets (729 ) (1,049 ) — — Amortization: Prior service cost — — (230 ) — Amortization of losses 69 196 6 12 Total other components of net periodic benefit cost 95 (97 ) (187 ) 67 Net Periodic Benefit Cost $ 258 $ 15 $ (165 ) $ 189 Components of Net Periodic Benefit Cost Pension Benefits Other Benefits Nine Months Ended Nine Months Ended In Thousands November 2, November 3, 2018 November 2, 2019 November 3, 2018 Service cost $ 488 $ 337 $ 67 $ 399 Interest cost 2,268 2,266 113 180 Expected return on plan assets (2,190 ) (3,149 ) — — Amortization: Prior service cost — — (691 ) — Amortization of losses 212 581 17 55 Total other components of net periodic benefit cost 290 (302 ) (561 ) 235 Net Periodic Benefit Cost $ 778 $ 35 $ (494 ) $ 634 The service cost component of net periodic benefit cost is recorded in selling and administrative expenses in the Condensed Consolidated Statements of Operations, while the other components are recorded in other components of net periodic benefit cost in the Condensed Consolidated Statements of Operations. Note 7 Defined Benefit Pension Plans and Other Postretirement Benefit Plans, Continued In March 2019, the Company's board of directors approved the termination of the pension plan effective June 30, 2019. While there is no

Earnings Per Share

Earnings Per Share	9 Months Ended
	Nov. 02, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share For the Three Months Ended For the Three Months Ended November 2, 2019 November 3, 2018 (In thousands, except per share amounts) Income Shares Per Share Income Shares Per Share Earnings from continuing operations $18,979 $19,694 Basic EPS from continuing operations Income available to common shareholders 18,979 14,465 $1.31 19,694 19,462 $1.01 Effect of Dilutive Securities from Dilutive share-based awards 29 139 Employees' preferred stock (1) 35 36 Diluted EPS from continuing operations Income available to common shareholders plus assumed conversions $18,979 14,529 $1.31 $19,694 19,637 $1.00 (1) The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted for all periods presented. Note 8 Earnings Per Share, Continued For the Nine Months Ended For the Nine Months Ended November 2, 2019 November 3, 2018 (In thousands, except per share amounts) Income Shares Per Share Income Shares Per Share Earnings from continuing operations $26,242 $21,525 Basic EPS from continuing operations Income available to common shareholders 26,242 16,023 $1.64 21,525 19,361 $1.11 Effect of Dilutive Securities from Dilutive share-based awards 79 114 Employees' preferred stock (1) 34 36 Diluted EPS from continuing operations Income available to common shareholders plus assumed conversions $26,242 16,136 $1.63 $21,525 19,511 $1.10 (1) The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted for all periods presented. The weighted shares outstanding reflects the effect of the Company's Board-approved share repurchase programs. The Company repurchased 1,150,198 shares for $41.3 million and 4,570,015 shares for $189.4 million for the three and nine months ended November 2, 2019, respectively, as part of a $125.0 million share repurchase program approved by the Board of Directors in December 2018, a $100.0 million share repurchase program approved by the Board of Directors in May 2019 and a $100.0 million share repurchase program approved by the Board of Directors in September 2019. For the fourth quarter of Fiscal 2020 through December 6, 2019, the Company has no t repurchased any additional shares, leaving approximately $89.7 million remaining under its current $100.0 million share repurchase authorization. The Company did no t repurchase any shares of common stock for the three and nine months ended November 3, 2018.

Legal Proceedings and Other Mat

Legal Proceedings and Other Matters	9 Months Ended
	Nov. 02, 2019
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings and Other Matters	Legal Proceedings and Other Matters 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 and implementing an interim remedial measure 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 to be between $1.7 million and $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 9 Legal Proceedings and Other Matters, Continued In April 2015, the Company received from the EPA a Notice of Potential Liability and Demand for Costs (the "Notice") 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 reimbursed the Company for 75% of the settlement amount, subject to a $500,000 self-insured retention. The Company does not expect any additional cost related to the matter. 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 $1.7 million as of November 2, 2019, $1.8 million as of February 2, 2019 and $1.6 million as of November 3, 2018. All such provisions reflect the Company's estimates of the most likely cost (undiscounted, including both current and noncurrent portions) of resolving the contingencies, based on facts and circumstances as of the time they were made. There is no assurance that relevant facts and circumstances will not change, necessitating future changes to the provisions. Such contingent liabilities are included in the liability arising from provision for discontinued operations on the accompanying Condensed Consolidated Balance Sheets because they relate to former facilities operated by the Company. The Company has made pretax accruals for certain of these contingencies, including approximately $0.1 million and $0.2 million for the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $0.5 million for each of the first nine months of Fiscal 2020 and Fiscal 2019. These charges are included in loss from discontinued operations, net in the Condensed Consolidated Statements of Operations and represent changes in estimates. Other Legal Matters On May 19, 2017, two former employees of the Company's former Hat World 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 certain 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. On March 8, 2018, the court granted the Company's motion to transfer venue to the U.S. District Court for the Southern District Note 9 Legal Proceedings and Other Matters, Continued of Indiana. On March 9, 2018, a former employee of the Company's former Hat World subsidiary filed a putative class action in the Superior Court of the Commonwealth of Massachusetts claiming violations of the Massachusetts Overtime Law, M.G.L.C. 151§1A, by failing to pay overtime to employees classified as store managers, and seeking restitution, an incentive award, treble damages, interest, attorneys' fees and costs. The Company has reached an agreement in principle to settle the Chen and Salas and Massachusetts matters for payment of attorneys' fees and administrative costs totaling $0.4 million plus total payments to members of the plaintiff class who opt to participate in the settlement of up to $0.8 million . The proposed settlement is subject to approval by the court. The Company does not expect that the proposed settlement will have a material adverse effect on its financial condition or results of operations. Other Matters In the first quarter of Fiscal 2020, the IRS notified the Company on Letter 226-J, that the Company may be liable for an Employer Shared Responsibility Payment (“ESRP”) in the amount of $12.3 million for the year ended December 31, 2016. The ESRP is applicable to employers that had 50 or more full-time equivalent employees, did not offer minimum essential coverage (“MEC”) to at least 95% of full-time employees (and their dependents) or did offer MEC to at least 95% of full time-employees (and their dependents), which did not meet the affordable or minimum value criteria and had one or more employees who claimed the Employee Premium Tax Credit (“PTC”) pursuant to the Affordable Care Act (the “ACA”). The IRS determines which employers receive Letter 226-J and the amount of the proposed ESRP from information that the employers complete on their information returns (IRS Forms 1094-C and 1095-C) and from the income tax returns of their employees. Since the inception of the ACA, it has been the Company’s policy to offer MEC to all full-time employees and their dependents. Based on its analysis, the Company responded to the IRS on May 1, 2019 asserting that it did offer MEC to at least 95% of its full-time employees for each month of 2016 and noting that the discrepancy was caused by errors in the electronic files uploaded through the ACA information return system. After the Company provided further information, the IRS notified the Company, by letter dated October 21, 2019, that the inquiry was being closed with no ESRP liability on the part of the Company. 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

Business Segment Information	9 Months Ended
	Nov. 02, 2019
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information During the three and nine months ended November 2, 2019 and November 3, 2018, the Company operated four reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz 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) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations, catalog, Trask e-commerce operations and wholesale distribution of products under the Johnston & Murphy ® and H.S. Trask ® brands; and (iv) Licensed Brands, comprised of Dockers ® Footwear, sourced and marketed under a license from Levi Strauss & Company; and other brands. The Company completed the sale of Lids Sports Group on February 2, 2019. As a result of the sale, the Company met the requirements to report the results of Lids Sports Group as a discontinued operation. Certain corporate overhead costs and other allocated costs previously allocated to the Lids Sports Group business for segment reporting purposes did not qualify for classification within discontinued operations and have been reallocated to continuing operations whereas bank fees and certain legal fees related to the Lids Sports Group business segment previously excluded from segment earnings were reclassified to discontinued operations. The costs of Lids Sports Group headquarters building, which was not included in the sale, was reclassified to corporate and other in segment earnings. As a result, the Company's segment information has been adjusted to exclude discontinued operations for the three and nine months ended November 3, 2018. 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 February 2, 2019). 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 and Schuh 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, pension asset, deferred income taxes, deferred note expense on revolver debt and corporate fixed assets, including the former Lids Sports Group headquarters building, and miscellaneous investments. The Company does not allocate certain costs to each segment in order to make decisions and assess performance. These costs include corporate overhead, bank fees, interest expense, interest income, asset impairment charges and other, including major litigation and major lease terminations. Note 10 Business Segment Information, Continued Three Months Ended November 2, 2019 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In Thousands Sales $ 354,920 $ 92,899 $ 72,703 $ 16,726 $ 15 $ 537,263 Intercompany sales — — — — — — Net sales to external customers $ 354,920 $ 92,899 $ 72,703 $ 16,726 $ 15 $ 537,263 Segment operating income (loss) $ 28,955 $ 4,369 $ 3,715 $ (27 ) $ (10,270 ) $ 26,742 Asset impairments and other (1) — — — — (799 ) (799 ) Operating income (loss) 28,955 4,369 3,715 (27 ) (11,069 ) 25,943 Other components of net periodic benefit cost — — — — 92 92 Interest expense — — — — (808 ) (808 ) Interest income — — — — 206 206 Earnings (loss) from continuing operations before income taxes $ 28,955 $ 4,369 $ 3,715 $ (27 ) $ (11,579 ) $ 25,433 Total assets (2) $ 1,020,894 $ 378,014 $ 211,459 $ 21,971 $ 153,154 $ 1,785,492 Depreciation and amortization 7,231 2,749 1,484 118 598 12,180 Capital expenditures 4,886 982 2,133 78 58 8,137 (1) Asset impairments and other includes a $0.8 million charge for asset impairments, which includes $0.5 million in Johnston & Murphy Group and $0.3 million in Schuh Group. (2) Of the Company's $261.3 million of property and equipment, $39.7 million and $11.0 million relate to property and equipment in the United Kingdom and Canada, respectively. Note 10 Business Segment Information, Continued Three Months Ended November 3, 2018 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In Thousands Sales $ 345,702 95,567 $ 79,736 $ 18,757 $ 66 $ 539,828 Intercompany sales — — — — — — Net sales to external customers $ 345,702 $ 95,567 $ 79,736 $ 18,757 $ 66 $ 539,828 Segment operating income (loss) $ 24,692 $ 4,207 $ 5,072 $ (218 ) $ (7,436 ) $ 26,317 Asset impairments and other (1) — — — — 70 70 Operating income (loss) 24,692 4,207 5,072 (218 ) (7,366 ) 26,387 Other components of net periodic benefit cost — — — — 30 30 Interest expense — — — — (984 ) (984 ) Interest income — — — — 147 147 Earnings (loss) from continuing operations before income taxes $ 24,692 $ 4,207 $ 5,072 $ (218 ) $ (8,173 ) $ 25,580 Total assets ongoing operations $ 501,282 233,655 $ 133,507 $ 25,319 $ 176,339 $ 1,070,102 Assets from discontinued operations 360,611 Total assets (2) $ 1,430,713 Depreciation and amortization (3) 7,075 3,443 1,654 160 629 12,961 Capital expenditures (4) 7,244 1,932 2,384 28 242 11,830 (1) Asset impairments and other includes a gain of $(0.9) million related to Hurricane Maria, partially offset by a $0.7 million charge for asset impairments, which includes $0.6 million in Schuh Group and $0.1 million in Journeys Group and a $0.1 million charge for other hurricane losses. (2) Total assets for the Schuh Group and Journeys Group include $82.6 million and $9.8 million of goodwill, respectively. Goodwill for Schuh Group and Journeys Group decreased by $7.3 million and $0.6 million, respectively, from February 3, 2018, due to foreign currency translation adjustments. Of the Company's $285.9 million of property and equipment, $46.8 million and $13.5 million relate to property and equipment in the United Kingdom and Canada, respectively. (3) Excludes $6.2 million of depreciation and amortization related to Lids Sports Group. This amount is included in depreciation and amortization in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations. (4) Excludes $4.3 million of capital expenditures related to Lids Sports Group. This amount is included in capital expenditures in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations. Note 10 Business Segment Information, Continued Nine Months Ended November 2, 2019 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In thousands Sales $ 994,067 $ 262,219 $ 214,704 $ 48,392 $ 105 $ 1,519,487 Intercompany Sales — — — — — — Net sales to external customers $ 994,067 $ 262,219 $ 214,704 $ 48,392 $ 105 $ 1,519,487 Segment operating income (loss) $ 59,260 $ (1,020 ) $ 10,339 $ 151 $ (28,898 ) $ 39,832 Asset impairments and other (1) — — — — (1,843 ) (1,843 ) Operating income (loss) 59,260 (1,020 ) 10,339 151 (30,741 ) 37,989 Other components of net periodic benefit cost — — — — 271 271 Interest expense — — — — (2,491 ) (2,491 ) Interest income — — — — 1,708 1,708 Earnings (loss) from continuing operations before income taxes $ 59,260 $ (1,020 ) $ 10,339 $ 151 $ (31,253 ) $ 37,477 Depreciation and amortization 21,714 8,745 4,608 383 1,848 37,298 Capital expenditures 12,983 3,749 3,953 328 375 21,388 (1) Asset Impairments and other charge includes a $1.8 million charge for asset impairments, which includes $1.2 million for Schuh Group, $0.5 million for Johnston & Murphy Group and $0.1 million for Journeys Group. Note 10 Business Segment Information, Continued Nine Months Ended November 3, 2018 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In thousands Sales $ 956,839 $ 273,992 $ 223,861 $ 58,161 $ 212 $ 1,513,065 Intercompany Sales — — — (3 ) — (3 ) Net sales to external customers $ 956,839 $ 273,992 $ 223,861 $ 58,158 $ 212 $ 1,513,062 Segment operating income (loss) $ 44,722 $ (360 ) $ 10,654 $ (379 ) $ (22,444 ) $ 32,193 Asset impairments and other (1) — — — — (1,019 ) (1,019 ) Operating income (loss) 44,722 (360 ) 10,654 (379 ) (23,463 ) 31,174 Other components of net periodic benefit cost — — — — 67 67 Interest expense — — — — (3,144 ) (3,144 ) Interest income — — — — 176 176 Earnings (loss) from continuing operations before income taxes $ 44,722 $ (360 ) $ 10,654 $ (379 ) $ (26,364 ) $ 28,273 Depreciation and amortization (2) 20,756 10,903 4,814 476 2,090 39,039 Capital expenditures (3) 21,640 5,907 5,352 109 1,222 34,230 (1) Asset Impairments and other charge includes a $2.0 million charge for asset impairments, which includes $0.6 million for Journeys Group and $1.4 million for Schuh Group, a $0.3 million charge for legal and other matters and $0.1 million charge for other hurricane losses, partially offset by a $(1.4) million gain related to Hurricane Maria. (2) Excludes $19.0 million of depreciation and amortization related to Lids Sports Group. This amount is included in depreciation and amortization in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations. (3) Excludes $13.0 million of capital expenditures related to Lids Sports Group. This amount is included in capital expenditures in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations.

Subsequent Event

Subsequent Event	9 Months Ended
	Nov. 02, 2019
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On November 15, 2019, Schuh Limited entered into an Amendment and Restatement Agreement (the “2019 Restatement Agreement”) with Lloyds Bank plc (“Lloyds”) which amended and restated the Amendment and Restatement Agreement dated April 26, 2017. Schuh Limited replaced Schuh Group Limited as Parent under the 2019 Restatement Agreement. The 2019 Restatement Agreement contains certain covenants at the Schuh Limited level, including a minimum interest coverage covenant of 4.50 x and a maximum leverage covenant of 1.75 x. The 2019 Restatement Agreement is secured by a pledge of all the assets of Schuh Limited and Schuh (ROI) Limited. Pursuant to a Guarantee in favor of Lloyds, Genesco Inc. has guaranteed the obligations of Schuh Limited under the 2019 Restatement Agreement on an unsecured basis. The 2019 Restatement Agreement includes a Facility B of £6.25 million, a Facility C revolving credit agreement of £19.0 million, a working capital facility of £2.5 million and an additional revolving credit facility, and a Facility D of €7.2 million for its operations in Ireland. The Facility B loan bears interest at LIBOR plus 2.5% per annum with quarterly payments through January 2020. The Facility C bears interest at LIBOR plus 2.2% per annum and expires in January 2020. The Facility D bears interest at EURIBOR plus 2.2%

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Nov. 02, 2019
Accounting Policies [Abstract]
Basis of Presentation	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 1, 2020 ("Fiscal 2020") and of the fiscal year ended February 2, 2019 ("Fiscal 2019"). 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. Generally Accepted Accounting Principles ("GAAP") have been condensed or omitted. The Condensed Consolidated Balance Sheet as of February 2, 2019 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 2019, which are contained in the Company's Annual Report on Form 10-K as filed with the Securities and Exchange Commission ("SEC") on April 3, 2019.
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, Little Burgundy and Johnston & Murphy banners and under the Schuh banner in the United Kingdom and the Republic of Ireland; through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, littleburgundyshoes.com, johnstonmurphy.com, johnstonmurphy.ca 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. At November 2, 2019, the Company operated 1,492 retail stores in the U.S., Puerto Rico, Canada, the United Kingdom and the Republic of Ireland. On February 2, 2019, the Company completed the sale of its Lids Sports Group business. As a result, the Company reported the operating results of this business in loss from discontinued operations, net of tax in the Condensed Consolidated Statements of Operations for the three and nine months ended November 3, 2018. In addition, the related assets and liabilities as of November 3, 2018 have been reported as assets and liabilities of discontinued operations in the Condensed Consolidated Balance Sheets. The cash flows related to discontinued operations have not been segregated, and are included in the Condensed Consolidated Statements of Cash Flows for the three and nine months ended November 3, 2018. Unless otherwise noted, discussion within these notes to the condensed consolidated financial statements relates to continuing operations. See Note 3 for additional information related to discontinued operations. During the three and nine months ended November 2, 2019 and November 3, 2018, the Company operated four reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz 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) Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations, catalog, Trask e-commerce operations and wholesale distribution of products under the Johnston & Murphy ® and H.S. Trask ® brands; and (iv) Licensed Note 1 Summary of Significant Accounting Policies, Continued Brands, comprised of Dockers ® Footwear, sourced and marketed under a license from Levi Strauss & Company; 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.
Revenue Recognition	Revenue Recognition In accordance with ASC 606, revenue shall be recognized upon satisfaction of all contractual performance obligations and transfer of control to the customer. Revenue is measured as the amount of consideration the Company expects to be entitled to in exchange for corresponding goods. The majority of the Company's sales are single performance obligation arrangements for retail sale transactions for which the transaction price is equivalent to the stated price of the product, net of any stated discounts applicable at a point in time. Each sales transaction results in an implicit contract with the customer to deliver a product at the point of sale. Revenue from retail sales is recognized at the point of sale, is net of estimated returns, and excludes sales and value added taxes. Revenue from catalog and internet sales is recognized at estimated time of delivery to the customer, is net of estimated returns, and excludes sales and value added taxes. Wholesale revenue is recorded net of estimated returns and allowances for markdowns, damages and miscellaneous claims when the related goods have been shipped and legal title has passed to the customer. Actual amounts of markdowns have not differed materially from estimates. Shipping and handling costs charged to customers are included in net sales. The Company elected the practical expedient within ASC 606 related to taxes that are assessed by a governmental authority, which allows for the exclusion of sales and value added tax from transaction price. A provision for estimated returns is provided through a reduction of sales and cost of goods sold in the period that the related sales are recorded. Estimated returns are based on historical returns and claims. Actual returns and claims in any future period may differ from historical experience. Revenue from gift cards is deferred and recognized upon the redemption of the cards. These cards have no expiration date. Income from unredeemed cards is recognized on the Condensed Consolidated Statements of Operations within net sales in proportion to the pattern of rights exercised by the customer in future periods. The Company performs an evaluation of historical redemption patterns from the date of original issuance to estimate future period redemption activity.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company's foreign subsidiaries held cash of approximately $6.1 million , $20.8 million and $11.3 million as of November 2, 2019, February 2, 2019 and November 3, 2018, respectively, which is included in cash and cash equivalents on the Condensed Consolidated Balance Sheets. 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 $32.8 million , $127.2 million and $17.0 million in cash equivalents at November 2, 2019, February 2, 2019 and November 3, 2018, respectively. The Company's cash equivalents at November 2, 2019, February 2, 2019 and November 3, 2018 were invested in institutional money market funds which invest exclusively in highly rated, short-term securities that are issued, guaranteed or collateralized by the U.S. government or by U.S. government agencies and instrumentalities. At November 2, 2019, substantially all of the Company’s domestic cash was invested in institutional money market funds. 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 21% , two customers each accounted for 9% and no other customer accounted for more than 6% of the Company’s total trade receivables balance as of November 2, 2019.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying amounts and fair values of the Company’s financial instruments at November 2, 2019 and February 2, 2019 are as follows: Fair Values In Thousands November 2, 2019 February 2, 2019 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Credit Facility Borrowings $ 62,368 $ 63,199 $ 56,773 $ 56,861 UK Term Loans 8,088 8,098 8,970 9,063 UK Revolver Borrowings 9,058 9,085 — — 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
Buying, Merchandising and Occupancy Costs	Buying, Merchandising and Occupancy Costs
Advertising Costs	Advertising Costs Advertising costs are predominantly expensed as incurred. Advertising costs were $18.3 million and $17.8 million for the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $48.5 million and $47.6 million for the first nine months of Fiscal 2020 and Fiscal 2019, respectively. Note 1 Summary of Significant Accounting Policies, Continued 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 third quarters of Fiscal 2020 and Fiscal 2019, respectively, and $1.8 million and $1.7 million for the first nine months of Fiscal 2020 and Fiscal 2019, respectively. During the first nine months of Fiscal 2020 and Fiscal 2019, the Company’s cooperative advertising reimbursements paid did not exceed the fair value of the benefits received under those agreements.
Foreign Currency Translation	Foreign Currency Translation
Other Comprehensive Income	Other Comprehensive Income
Income Taxes	Income Taxes The Company recorded an effective income tax rate of 25.4% and 23.0% in the third quarters of Fiscal 2020 and Fiscal 2019, respectively, and 30.0% and 23.9% in the first nine months of Fiscal 2020 and Fiscal 2019, respectively. The tax rate for the third quarter and first nine months of Fiscal 2020 and 2019 reflects the inability to recognize a tax benefit for certain foreign losses. The tax rates were also impacted by $(0.1) million of tax benefit for the first nine months of Fiscal 2020 and $0.5 million of tax expense for the first nine months of Fiscal 2019 due to the impact of ASU 2016-09 related to the vesting of restricted stock.
New Accounting Pronouncements	New Accounting Pronouncements New Accounting Pronouncements Recently Adopted The Company adopted ASU 2016-02, " Leases (Topic 842)", ("ASC 842"), as of February 3, 2019, using the optional transition method provided by ASU 2018-11, "Leases (Topic 842): Targeted Improvements". The optional transition approach provides a method for recording existing leases at adoption by allowing a cumulative effect adjustment to the opening balance of retained earnings in the period of adoption, as opposed to the modified or full retrospective transition methods that require restating prior comparative periods. Additionally, the Company elected the “package of practical expedients”, which permits the Company not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. The Company Note 1 Summary of Significant Accounting Policies, Continued also elected the practical expedient to not separate lease and non-lease components for its store and equipment leases. Adoption of the new standard resulted in the recording of additional net operating lease right of use assets and operating lease liabilities of $795.6 million and $855.3 million, respectively, as of February 3, 2019. The operating lease right of use asset is inclusive of the impairments recorded upon adoption for store operating lease right of use assets, which totaled $4.8 million and resulted in a decrease to retained earnings of $4.2 million, net of tax. Right of use assets are recorded based upon the present value of remaining operating lease liabilities adjusted for deferred rent, including tenant allowances from landlords. ASC 842 did not materially impact net earnings or liquidity and did not have an impact on covenant compliance under the Company’s current debt agreements. Financial results for reporting periods beginning after February 3, 2019 are presented in accordance with ASC 842, while prior periods will continue to be reported in accordance with the Company’s historical accounting for leases under ASC Topic 840: "Leases (Topic 840)" and therefore have not been adjusted to conform to Topic 842. For additional information regarding leases, see Note 6. In August 2018, the FASB issued ASU 2018-15, "Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract", (ASU 2018-15"). The standard requires that issuers follow the internal-use software guidance in ASC 350-40 to determine which costs to capitalize as assets or expense as incurred. The ASC 350-40 guidance requires that certain costs incurred during the application development stage be capitalized and other costs incurred during the preliminary project and post-implementation stages be expensed as they are incurred. ASU 2018-15 is effective for fiscal years beginning after December 15, 2019. The Company adopted this standard effective August 4, 2019 and elected to apply the prospective transition approach with no material impact on the Company's Condensed Consolidated Financial Statements. The Company did not capitalize any material implementation costs incurred in a cloud computing arrangement service contract during the three and nine months ended November 2, 2019. New Accounting Pronouncements Not Yet Adopted In June 2016, the FASB issued ASU No. 2016-13, " Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments " , which requires entities to use a forward-looking approach based on expected losses to estimate credit losses on certain types of financial instruments, including trade receivables. The FASB has subsequently issued updates to the standard to provide additional clarification on specific topics. This guidance will be effective for the Company in the first quarter of the year ending January 30, 2021 ("Fiscal 2021") with early adoption permitted. The Company is evaluating the impact that adopting this guidance will have on the Company’s Condensed Consolidated Financial Statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Nov. 02, 2019
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 November 2, 2019 and February 2, 2019 are as follows: Fair Values In Thousands November 2, 2019 February 2, 2019 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Credit Facility Borrowings $ 62,368 $ 63,199 $ 56,773 $ 56,861 UK Term Loans 8,088 8,098 8,970 9,063 UK Revolver Borrowings 9,058 9,085 — —
Components of accumulated other comprehensive loss	The following table summarizes the components of accumulated other comprehensive loss ("AOCI") for the nine months ended November 2, 2019: In Thousands Foreign Currency Translation Unrecognized Pension Postretirement Benefit Costs Total Accumulated Other Comprehensive Income (Loss) Balance February 2, 2019 $(33,752) $(4,184) $(37,936) Other comprehensive income (loss) before reclassifications: Foreign currency translation adjustment (1,219 ) — (1,219 ) Loss on intra-entity foreign currency transactions (long-term investment nature) (58 ) — (58 ) Amounts reclassified from AOCI: Amortization of net actuarial loss and prior service cost (1) — (462 ) (462 ) Income tax expense — (119 ) (119 ) Current period other comprehensive loss, net of tax (1,277 ) (343 ) (1,620 ) Balance November 2, 2019 $(35,029) $(4,527) $(39,556) (1) Amount is included in other components of net periodic benefit cost on the Condensed Consolidated Statements of Operations.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Nov. 02, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying amount of goodwill by segment	The changes in the carrying amount of goodwill by segment were as follows: In Thousands Schuh Group Journeys Group Total Goodwill Balance, February 2, 2019 $ 83,243 $ 9,838 $ 93,081 Effect of foreign currency exchange rates (877 ) (38 ) (915 ) Balance, November 2, 2019 $ 82,366 $ 9,800 $ 92,166

Asset Impairments and Other C_2

Asset Impairments and Other Charges and Discontinued Operations (Tables)	9 Months Ended
	Nov. 02, 2019
Asset Impairments and Other Charges and Discontinued Operations [Abstract]
Impact of Discontinued Operations on Financial Statements	Components of amounts reflected in loss from discontinued operations, net of tax on the Condensed Consolidated Statements of Operations for the three and nine months ended November 3, 2018 are as follows: Three Months Ended Nine Months Ended In Thousands November 3, 2018 November 3, 2018 Net sales $173,241 $498,858 Cost of sales 82,031 233,853 Selling and administrative expenses 91,498 269,065 Asset impairments and other, net 6,628 8,130 Other components of net periodic benefit cost (28 ) (84 ) Provision for discontinued operations (1) (178 ) (455 ) Loss from discontinued operations before taxes (7,122 ) (12,729 ) Income tax benefit (1,815 ) (3,245 ) Loss from discontinued operations, net of tax $(5,307) $(9,484) (1) Expenses primarily for anticipated costs of environmental remedial alternatives related to former facilities operated by the Company (see additional disclosures below and in Note 9). The following table summarizes depreciation and amortization, capital expenditures and the significant operating noncash items from discontinued operations for the three and nine months ended November 3, 2018: Three Months Ended Nine Months Ended In Thousands November 3, 2018 November 3, 2018 Depreciation and amortization $6,190 $19,030 Capital expenditures 4,252 12,978 Impairment of long-lived assets 822 1,670 Assets and liabilities of discontinued operations presented in the Condensed Consolidated Balance Sheets at November 3, 2018 are included in the following table. In Thousands November 3, 2018 Assets Accounts Receivable $ 9,206 Inventories 211,493 Prepaids and other current assets 14,990 Current assets - discontinued operations $ 235,689 Property and equipment, net $ 76,025 Trademarks 48,658 Other intangibles 239 Non-Current assets - discontinued operations $ 124,922 Liabilities Accounts payable $ 81,053 Accrued employee compensation 2,818 Other accrued liabilities 16,727 Current liabilities - discontinued operations $ 100,598 Other long-term liabilities $ 24,680 Non-Current liabilities - discontinued operations $ 24,680
Schedule of Accrued Provision for Discontinued Operations	Accrued Provision for Discontinued Operations In Thousands Facility Shutdown Costs Balance February 3, 2018 $ 3,609 Additional provision Fiscal 2019 743 Charges and adjustments, net (1,953 ) Balance February 2, 2019 2,399 Additional provision Fiscal 2020 487 Charges and adjustments, net (552 ) Balance November 2, 2019 (1) 2,334 Current provision for discontinued operations 488 Total Noncurrent Provision for Discontinued Operations $ 1,846 (1) Includes a $1.7 million environmental provision, including $0.5 million in current provision for discontinued operations (see Note 9).

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Nov. 02, 2019
Inventory Disclosure [Abstract]
Inventories	In Thousands November 2, February 2, Wholesale finished goods $ 29,721 $ 45,679 Retail merchandise 444,219 320,988 Total Inventories $ 473,940 $ 366,667

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Nov. 02, 2019
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value on nonrecurring basis	The following table presents the Company's assets and liabilities measured at fair value on a nonrecurring basis as of November 2, 2019 aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands): Long-Lived Assets Held and Used Level 1 Level 2 Level 3 Total Losses Measured as of May 4, 2019 $ 906 $ — $ — $ 906 $ 307 Measured as of August 3, 2019 63 — — 63 731 Measured as of November 2, 2019 263 — — 263 799 Sub-total asset impairment YTD $ 1,232 $ — $ — $ 1,232 $ 1,837

Leases (Tables)

Leases (Tables)	9 Months Ended
	Nov. 02, 2019
Leases [Abstract]
Lease Cost and Cash Flow Information Related to Operating Leases	The table below presents the components of lease cost for operating leases for the three and nine months ended November 2, 2019. Three Months Ended Nine Months Ended In Thousands November 2, 2019 November 2, 2019 Operating lease cost $46,272 $137,242 Variable lease cost 3,051 8,884 Less: Sublease income (60 ) (246 ) Net Lease Cost $49,263 $145,880 Supplemental cash flow information and non-cash activity related to the Company's operating leases are as follows: Three Months Ended Nine Months Ended In Thousands November 2, 2019 November 2, 2019 Operating cash flow information: Cash paid for amounts included in the measurement of operating lease liabilities $45,338 $137,108 Non-cash activity: Operating lease right-of-use assets obtained in exchange for operating lease liabilities $19,220 $54,175
Schedule of Lease Maturity Under Topic 842	The following table reconciles the maturities of undiscounted cash flows to the Company's operating lease liabilities recorded on the Condensed Consolidated Balance Sheets at November 2, 2019: Fiscal Years In Thousands November 3, 2019 through February 1, 2020 $46,808 2021 182,146 2022 168,712 2023 148,413 2024 126,016 Thereafter 278,740 Total undiscounted future minimum lease payments 950,835 Less: Amounts representing interest (141,879) Total Present Value of Operating Lease Liabilities $808,956
Supplemental Information Related to Operating Leases	The Company's weighted-average remaining lease term and weighted-average discount rate for operating leases as of November 2, 2019 are: November 2, 2019 Weighted-average remaining lease term (years) 6.2 years Weighted-average discount rate 5.2%
Schedule of Future Minimum Rental Payments for Operating Leases Under Topic 840	Under the optional transition method, for leases that existed prior to and at the adoption of the new standard, the Company continues to present comparative prior period lease amounts in accordance with ASC 840, "Leases " . As of February 2, 2019 future minimum rental commitments were: Fiscal Years In Thousands 2020 $183,432 2021 171,584 2022 159,155 2023 140,889 2024 119,023 Thereafter 323,638 Total Minimum Rental Commitments $1,097,721

Defined Benefit Pension Plans_2

Defined Benefit Pension Plans and Other Postretirement Benefit Plans (Tables)	9 Months Ended
	Nov. 02, 2019
Retirement Benefits [Abstract]
Components of net periodic benefit cost	The following table summarizes the components of net periodic benefit cost related to the Company's pension and postretirement health care and life insurance plans: Components of Net Periodic Benefit Cost Pension Benefits Other Benefits Three Months Ended Three Months Ended In Thousands November 2, 2019 November 3, 2018 November 2, 2019 November 3, 2018 Service cost $ 163 $ 112 $ 22 $ 122 Interest cost 755 756 37 55 Expected return on plan assets (729 ) (1,049 ) — — Amortization: Prior service cost — — (230 ) — Amortization of losses 69 196 6 12 Total other components of net periodic benefit cost 95 (97 ) (187 ) 67 Net Periodic Benefit Cost $ 258 $ 15 $ (165 ) $ 189 Components of Net Periodic Benefit Cost Pension Benefits Other Benefits Nine Months Ended Nine Months Ended In Thousands November 2, November 3, 2018 November 2, 2019 November 3, 2018 Service cost $ 488 $ 337 $ 67 $ 399 Interest cost 2,268 2,266 113 180 Expected return on plan assets (2,190 ) (3,149 ) — — Amortization: Prior service cost — — (691 ) — Amortization of losses 212 581 17 55 Total other components of net periodic benefit cost 290 (302 ) (561 ) 235 Net Periodic Benefit Cost $ 778 $ 35 $ (494 ) $ 634

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Nov. 02, 2019
Earnings Per Share [Abstract]
Summary of basic and diluted earnings per share	For the Three Months Ended For the Three Months Ended November 2, 2019 November 3, 2018 (In thousands, except per share amounts) Income Shares Per Share Income Shares Per Share Earnings from continuing operations $18,979 $19,694 Basic EPS from continuing operations Income available to common shareholders 18,979 14,465 $1.31 19,694 19,462 $1.01 Effect of Dilutive Securities from Dilutive share-based awards 29 139 Employees' preferred stock (1) 35 36 Diluted EPS from continuing operations Income available to common shareholders plus assumed conversions $18,979 14,529 $1.31 $19,694 19,637 $1.00 (1) The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted for all periods presented. Note 8 Earnings Per Share, Continued For the Nine Months Ended For the Nine Months Ended November 2, 2019 November 3, 2018 (In thousands, except per share amounts) Income Shares Per Share Income Shares Per Share Earnings from continuing operations $26,242 $21,525 Basic EPS from continuing operations Income available to common shareholders 26,242 16,023 $1.64 21,525 19,361 $1.11 Effect of Dilutive Securities from Dilutive share-based awards 79 114 Employees' preferred stock (1) 34 36 Diluted EPS from continuing operations Income available to common shareholders plus assumed conversions $26,242 16,136 $1.63 $21,525 19,511 $1.10 (1) The Company's Employees' Subordinated Convertible Preferred Stock is convertible one for one to the Company's common stock. Because no dividends are paid on this stock, these shares are assumed to be converted for all periods presented.

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Nov. 02, 2019
Segment Reporting [Abstract]
Segment reporting information by segment	Three Months Ended November 2, 2019 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In Thousands Sales $ 354,920 $ 92,899 $ 72,703 $ 16,726 $ 15 $ 537,263 Intercompany sales — — — — — — Net sales to external customers $ 354,920 $ 92,899 $ 72,703 $ 16,726 $ 15 $ 537,263 Segment operating income (loss) $ 28,955 $ 4,369 $ 3,715 $ (27 ) $ (10,270 ) $ 26,742 Asset impairments and other (1) — — — — (799 ) (799 ) Operating income (loss) 28,955 4,369 3,715 (27 ) (11,069 ) 25,943 Other components of net periodic benefit cost — — — — 92 92 Interest expense — — — — (808 ) (808 ) Interest income — — — — 206 206 Earnings (loss) from continuing operations before income taxes $ 28,955 $ 4,369 $ 3,715 $ (27 ) $ (11,579 ) $ 25,433 Total assets (2) $ 1,020,894 $ 378,014 $ 211,459 $ 21,971 $ 153,154 $ 1,785,492 Depreciation and amortization 7,231 2,749 1,484 118 598 12,180 Capital expenditures 4,886 982 2,133 78 58 8,137 (1) Asset impairments and other includes a $0.8 million charge for asset impairments, which includes $0.5 million in Johnston & Murphy Group and $0.3 million in Schuh Group. (2) Of the Company's $261.3 million of property and equipment, $39.7 million and $11.0 million relate to property and equipment in the United Kingdom and Canada, respectively. Note 10 Business Segment Information, Continued Three Months Ended November 3, 2018 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In Thousands Sales $ 345,702 95,567 $ 79,736 $ 18,757 $ 66 $ 539,828 Intercompany sales — — — — — — Net sales to external customers $ 345,702 $ 95,567 $ 79,736 $ 18,757 $ 66 $ 539,828 Segment operating income (loss) $ 24,692 $ 4,207 $ 5,072 $ (218 ) $ (7,436 ) $ 26,317 Asset impairments and other (1) — — — — 70 70 Operating income (loss) 24,692 4,207 5,072 (218 ) (7,366 ) 26,387 Other components of net periodic benefit cost — — — — 30 30 Interest expense — — — — (984 ) (984 ) Interest income — — — — 147 147 Earnings (loss) from continuing operations before income taxes $ 24,692 $ 4,207 $ 5,072 $ (218 ) $ (8,173 ) $ 25,580 Total assets ongoing operations $ 501,282 233,655 $ 133,507 $ 25,319 $ 176,339 $ 1,070,102 Assets from discontinued operations 360,611 Total assets (2) $ 1,430,713 Depreciation and amortization (3) 7,075 3,443 1,654 160 629 12,961 Capital expenditures (4) 7,244 1,932 2,384 28 242 11,830 (1) Asset impairments and other includes a gain of $(0.9) million related to Hurricane Maria, partially offset by a $0.7 million charge for asset impairments, which includes $0.6 million in Schuh Group and $0.1 million in Journeys Group and a $0.1 million charge for other hurricane losses. (2) Total assets for the Schuh Group and Journeys Group include $82.6 million and $9.8 million of goodwill, respectively. Goodwill for Schuh Group and Journeys Group decreased by $7.3 million and $0.6 million, respectively, from February 3, 2018, due to foreign currency translation adjustments. Of the Company's $285.9 million of property and equipment, $46.8 million and $13.5 million relate to property and equipment in the United Kingdom and Canada, respectively. (3) Excludes $6.2 million of depreciation and amortization related to Lids Sports Group. This amount is included in depreciation and amortization in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations. (4) Excludes $4.3 million of capital expenditures related to Lids Sports Group. This amount is included in capital expenditures in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations. Note 10 Business Segment Information, Continued Nine Months Ended November 2, 2019 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In thousands Sales $ 994,067 $ 262,219 $ 214,704 $ 48,392 $ 105 $ 1,519,487 Intercompany Sales — — — — — — Net sales to external customers $ 994,067 $ 262,219 $ 214,704 $ 48,392 $ 105 $ 1,519,487 Segment operating income (loss) $ 59,260 $ (1,020 ) $ 10,339 $ 151 $ (28,898 ) $ 39,832 Asset impairments and other (1) — — — — (1,843 ) (1,843 ) Operating income (loss) 59,260 (1,020 ) 10,339 151 (30,741 ) 37,989 Other components of net periodic benefit cost — — — — 271 271 Interest expense — — — — (2,491 ) (2,491 ) Interest income — — — — 1,708 1,708 Earnings (loss) from continuing operations before income taxes $ 59,260 $ (1,020 ) $ 10,339 $ 151 $ (31,253 ) $ 37,477 Depreciation and amortization 21,714 8,745 4,608 383 1,848 37,298 Capital expenditures 12,983 3,749 3,953 328 375 21,388 (1) Asset Impairments and other charge includes a $1.8 million charge for asset impairments, which includes $1.2 million for Schuh Group, $0.5 million for Johnston & Murphy Group and $0.1 million for Journeys Group. Note 10 Business Segment Information, Continued Nine Months Ended November 3, 2018 Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated In thousands Sales $ 956,839 $ 273,992 $ 223,861 $ 58,161 $ 212 $ 1,513,065 Intercompany Sales — — — (3 ) — (3 ) Net sales to external customers $ 956,839 $ 273,992 $ 223,861 $ 58,158 $ 212 $ 1,513,062 Segment operating income (loss) $ 44,722 $ (360 ) $ 10,654 $ (379 ) $ (22,444 ) $ 32,193 Asset impairments and other (1) — — — — (1,019 ) (1,019 ) Operating income (loss) 44,722 (360 ) 10,654 (379 ) (23,463 ) 31,174 Other components of net periodic benefit cost — — — — 67 67 Interest expense — — — — (3,144 ) (3,144 ) Interest income — — — — 176 176 Earnings (loss) from continuing operations before income taxes $ 44,722 $ (360 ) $ 10,654 $ (379 ) $ (26,364 ) $ 28,273 Depreciation and amortization (2) 20,756 10,903 4,814 476 2,090 39,039 Capital expenditures (3) 21,640 5,907 5,352 109 1,222 34,230 (1) Asset Impairments and other charge includes a $2.0 million charge for asset impairments, which includes $0.6 million for Journeys Group and $1.4 million for Schuh Group, a $0.3 million charge for legal and other matters and $0.1 million charge for other hurricane losses, partially offset by a $(1.4) million gain related to Hurricane Maria. (2) Excludes $19.0 million of depreciation and amortization related to Lids Sports Group. This amount is included in depreciation and amortization in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations. (3) Excludes $13.0 million of capital expenditures related to Lids Sports Group. This amount is included in capital expenditures in the Condensed Consolidated Statements of Cash Flows as the Company did not segregate cash flows related to discontinued operations.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019USD ($)segment	Nov. 03, 2018USD ($)segment	Nov. 02, 2019USD ($)segmentstore	Nov. 03, 2018USD ($)segment	Aug. 03, 2019USD ($)	May 04, 2019USD ($)	Feb. 03, 2019USD ($)	Feb. 02, 2019USD ($)	Aug. 04, 2018USD ($)	May 05, 2018USD ($)	Feb. 03, 2018USD ($)
Summary of Accounting Policies [Line Items]
Total number of retail stores operated by company | store			1,492
Number of reportable business segments | segment	4	4	4	4
Accrued liability for gift cards	$ 3,700	$ 3,600	$ 3,700	$ 3,600				$ 5,100
Gift card breakage recognized as revenue	100	100	400	400
Gift card redemptions and gift card breakage revenue			2,900
Cash and cash equivalents	55,826	53,423	55,826	53,423				167,355
Cash equivalents	32,800	17,000	$ 32,800	17,000				127,200
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	15,400	22,500	$ 15,400	22,500				29,600
Asset retirement obligations	10,700	10,700	10,700	10,700				10,900
Cost of sales	273,061	277,910	773,844	781,669
Advertising costs	18,300	17,800	48,500	47,600
Vendor reimbursements of cooperative advertising costs	1,700	2,200	5,900	5,600
Net gain (loss) from foreign currency transactions	200	200	300	800
Stockholders' equity, including portion attributable to noncontrolling interest	$ (573,448)	$ (841,761)	(573,448)	$ (841,761)	$ (584,621)	$ (662,926)		(737,551)	$ (824,158)	$ (828,839)	$ (830,704)
Amortization of net actuarial loss and prior service cost			$ 462
Effective income tax rate	25.40%	23.00%	30.00%	23.90%
Tax rate impact			$ (100)	$ 500
Operating lease right of use asset	$ 750,855		750,855
Operating lease liability	808,956		808,956
Retained earnings	343,156	$ 617,923	343,156	617,923				508,555
Selling and Administrative Expenses
Summary of Accounting Policies [Line Items]
Wholesale costs of distribution	1,300	1,400	4,000	4,200
Cooperative advertising costs	600	700	1,800	1,700
Accounting Standards Update 2016-02
Summary of Accounting Policies [Line Items]
Operating lease right of use asset							$ 795,600
Operating lease liability							855,300
Impairment of store operating lease right of use assets							4,800
Retained earnings							$ 4,200
Accumulated Foreign Currency Adjustment Attributable to Parent, Excluding Intra-Entity Transactions
Summary of Accounting Policies [Line Items]
Other comprehensive income (loss) before reclassifications			(1,219)
Accumulated Foreign Currency Adjustment Attributable to Parent, Intra-Entity Transactions
Summary of Accounting Policies [Line Items]
Other comprehensive income (loss) before reclassifications			(58)
Foreign Currency Translation
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	35,029		35,029					33,752
Amortization of net actuarial loss and prior service cost			0
Unrecognized Pension Postretirement Benefit Costs
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	4,527		4,527					4,184
Other comprehensive income (loss) before reclassifications			0
Amortization of net actuarial loss and prior service cost			462
Accumulated Other Comprehensive Loss
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	39,556	43,054	39,556	43,054	$ 48,155	$ 36,968		37,936	$ 42,744	$ 36,890	$ 29,192
Cumulative Pension Liability Adjustment | Unrecognized Pension Postretirement Benefit Costs
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	5,900		5,900
Cumulative Post-Retirement Liability Adjustment | Unrecognized Pension Postretirement Benefit Costs
Summary of Accounting Policies [Line Items]
Stockholders' equity, including portion attributable to noncontrolling interest	(1,400)		$ (1,400)
Customer Concentration Risk | Major Customer One | Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage			21.00%
Customer Concentration Risk | Major Customer Two | Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage			9.00%
Customer Concentration Risk | Other Major Customers | Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk, benchmark percentage			6.00%
Foreign Subsidiaries
Summary of Accounting Policies [Line Items]
Cash and cash equivalents	6,100	11,300	$ 6,100	11,300				$ 20,800
Occupancy | Selling and Administrative Expenses
Summary of Accounting Policies [Line Items]
Cost of sales	$ 82,700	$ 84,000	$ 251,800	$ 252,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Nov. 02, 2019	Feb. 02, 2019
Term Loans | UK Term Loans
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 8,088	$ 8,970
Fair Value	8,098	9,063
Borrowings | U.S. Credit Facility Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	62,368	56,773
Fair Value	63,199	56,861
Borrowings | UK Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	9,058	0
Fair Value	$ 9,085	$ 0

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Nov. 03, 2018	Aug. 04, 2018	May 05, 2018	Nov. 02, 2019	Nov. 03, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 584,621	$ 662,926	$ 737,551	$ 824,158	$ 828,839	$ 830,704	$ 737,551	$ 830,704
Amounts reclassified from AOCI:
Amortization of net actuarial loss and prior service cost							(462)
Income tax expense							(119)
Current period other comprehensive loss, net of tax	8,599	(11,187)	968	(310)	(5,854)	(7,698)	(1,620)	(13,862)
Ending Balance	573,448	584,621	662,926	841,761	824,158	828,839	573,448	841,761
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance			(33,752)				(33,752)
Amounts reclassified from AOCI:
Amortization of net actuarial loss and prior service cost							0
Income tax expense							0
Current period other comprehensive loss, net of tax							(1,277)
Ending Balance	(35,029)						(35,029)
Foreign currency translation adjustment
Other comprehensive income (loss) before reclassifications:
Other comprehensive income (loss) before reclassifications							(1,219)
Loss on intra-entity foreign currency transactions
Other comprehensive income (loss) before reclassifications:
Other comprehensive income (loss) before reclassifications							(58)
Unrecognized Pension Postretirement Benefit Costs
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance			(4,184)				(4,184)
Other comprehensive income (loss) before reclassifications:
Other comprehensive income (loss) before reclassifications							0
Amounts reclassified from AOCI:
Amortization of net actuarial loss and prior service cost							(462)
Income tax expense							(119)
Current period other comprehensive loss, net of tax							(343)
Ending Balance	(4,527)						(4,527)
Total Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(48,155)	(36,968)	(37,936)	(42,744)	(36,890)	(29,192)	(37,936)	(29,192)
Amounts reclassified from AOCI:
Current period other comprehensive loss, net of tax	8,599	(11,187)	968	(310)	(5,854)	(7,698)
Ending Balance	$ (39,556)	$ (48,155)	$ (36,968)	$ (43,054)	$ (42,744)	$ (36,890)	$ (39,556)	$ (43,054)

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Nov. 03, 2018	Nov. 02, 2019
Goodwill [Roll Forward]
Beginning Balance		$ 93,081
Effect of foreign currency exchange rates		(915)
Ending Balance	$ 92,396	92,166
Schuh Group
Goodwill [Roll Forward]
Beginning Balance		83,243
Effect of foreign currency exchange rates	(7,300)	(877)
Ending Balance	82,600	82,366
Journeys Group
Goodwill [Roll Forward]
Beginning Balance		9,838
Effect of foreign currency exchange rates	(600)	(38)
Ending Balance	$ 9,800	$ 9,800

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018	Feb. 02, 2019
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 92,166	$ 92,396	$ 92,166	$ 92,396	$ 93,081
Future amortization expense, fiscal 2021 (less than)	0		0
Future amortization expense, fiscal 2022 (less than)	0		0
Future amortization expense, fiscal 2023 (less than)	0		0
Future amortization expense, fiscal 2024 (less than)	0		0
Future amortization expense, fiscal 2025 (less than)	0		0
Maximum
Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles assets	100	100	100	100
Schuh Group
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 82,366	$ 82,600	$ 82,366	$ 82,600	83,243
Amount of fair value in excess of carrying amount					10,800
Increase (Decrease) in fair value based on effect of 100 basis point increase in weighted average cost of capital					(11,400)
Increase (Decrease) in fair value based on effect of 1% decrease of projected annual revenue growth					$ (7,400)

Asset Impairments and Other C_3

Asset Impairments and Other Charges and Discontinued Operations - Textuals (Details) $ in Thousands	Feb. 02, 2019USD ($)	Nov. 02, 2019USD ($)	Nov. 03, 2018USD ($)	Nov. 02, 2019USD ($)store	Nov. 03, 2018USD ($)
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net		$ 799	$ (70)	$ 1,843	$ 1,019
Estimated maximum future payments	$ 1,097,721
Legal and Other Matters
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net					300
Retail Store Asset Impairments
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net		800	700	$ 1,800	2,000
Hurricane Maria
Restructuring Cost and Reserve [Line Items]
Asset impairments and other, net			100		100
(Gain) loss related to hurricane			$ (900)		$ (1,400)
Discontinued Operations, Disposed of by Sale | Lids Sports Group
Restructuring Cost and Reserve [Line Items]
Proceeds from sale of Lids Sports Group	93,800
Cash received in sale, subject to adjustment	100,000
Working capital adjustment	$ 6,200
Number of leases for which the company is a guarantor | store				40
Estimated maximum future payments		$ 22,600		$ 22,600

Asset Impairments and Other C_4

Asset Impairments and Other Charges and Discontinued Operations - Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Statement of Operations, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Provision for discontinued operations	$ (107)	$ (178)	$ (487)	$ (455)
Loss from discontinued operations, net of tax	$ (80)	(5,307)	$ (420)	(9,484)
Discontinued Operations, Disposed of by Sale
Statement of Operations, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales		173,241		498,858
Cost of sales		82,031		233,853
Selling and administrative expenses		91,498		269,065
Asset impairments and other, net		6,628		8,130
Other components of net periodic benefit cost		(28)		(84)
Provision for discontinued operations		(178)		(455)
Loss from discontinued operations before taxes		(7,122)		(12,729)
Income tax benefit		(1,815)		(3,245)
Loss from discontinued operations, net of tax		$ (5,307)		$ (9,484)

Asset Impairments and Other C_5

Asset Impairments and Other Charges and Discontinued Operations - Balance Sheet (Details) - USD ($) $ in Thousands	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Current assets - discontinued operations
Current assets - discontinued operations	$ 0	$ 0	$ 235,689
Long-term assets - discontinued operations
Non-Current assets - discontinued operations	0	0	124,922
Current liabilities - discontinued operations
Current liabilities - discontinued operations	0	0	100,598
Long-term liabilities - discontinued operations
Non-Current liabilities - discontinued operations	$ 0	$ 0	24,680
Discontinued Operations, Disposed of by Sale
Current assets - discontinued operations
Accounts Receivable			9,206
Inventories			211,493
Prepaids and other current assets			14,990
Current assets - discontinued operations			235,689
Long-term assets - discontinued operations
Property and equipment, net			76,025
Trademarks			48,658
Other intangibles			239
Non-Current assets - discontinued operations			124,922
Current liabilities - discontinued operations
Accounts payable			81,053
Accrued employee compensation			2,818
Other accrued liabilities			16,727
Current liabilities - discontinued operations			100,598
Long-term liabilities - discontinued operations
Other long-term liabilities			24,680
Non-Current liabilities - discontinued operations			$ 24,680

Asset Impairments and Other C_6

Asset Impairments and Other Charges and Discontinued Operations - Statement of Cash Flow (Details) - Discontinued Operations, Disposed of by Sale - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Nov. 03, 2018	Nov. 03, 2018
Statement of Operations, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation and amortization	$ 6,190	$ 19,030
Capital expenditures	4,252	12,978
Impairment of long-lived assets	$ 822	$ 1,670

Asset Impairments and Other C_7

Asset Impairments and Other Charges and Discontinued Operations - Accrued Provision For Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018	Feb. 02, 2019
Accrued Provision for Discontinued Operations
Additional provision	$ 107	$ 178	$ 487	$ 455
Current provision for discontinued operations	0	100,598	0	100,598	$ 0
Total Noncurrent Provision for Discontinued Operations	0	$ 24,680	0	24,680	0
Facility Shutdown Costs
Accrued Provision for Discontinued Operations
Balance at beginning of period			2,399	$ 3,609	3,609
Additional provision			487		743
Charges and adjustments, net			(552)		(1,953)
Balance at end of period	2,334		2,334		$ 2,399
Current provision for discontinued operations	488		488
Total Noncurrent Provision for Discontinued Operations	$ 1,846		1,846
Environmental provision for discontinued operations			1,700
Current environmental provision for discontinued operations			$ 500

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Inventory Disclosure [Abstract]
Wholesale finished goods	$ 29,721	$ 45,679
Retail merchandise	444,219	320,988
Total Inventories	$ 473,940	$ 366,667	$ 454,673

Fair Value (Details)

Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Company's assets and liabilities measured at fair value on a nonrecurring basis
Total Losses	$ 531			$ 1,522	$ 1,569	$ 3,724
Fair Value, Recurring
Company's assets and liabilities measured at fair value on a nonrecurring basis
Total Losses	800				1,800
Fair Value Measurements Nonrecurring
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	263	$ 63	$ 906		263
Total Losses	799	731	307		1,837
Sub-total asset impairment YTD					1,232
Fair Value Measurements Nonrecurring | Level 1
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	0	0	0		0
Sub-total asset impairment YTD					0
Fair Value Measurements Nonrecurring | Level 2
Company's assets and liabilities measured at fair value on a nonrecurring basis
Long-Lived Assets Held and Used	0	0	0		0
Sub-total asset impairment YTD					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	$ 263	$ 63	$ 906		263
Sub-total asset impairment YTD					$ 1,232

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Nov. 02, 2019	Feb. 02, 2019	Nov. 03, 2018
Lessee, Lease, Description [Line Items]
Percent of leases that contain renewal options	2.00%
Leases not yet commenced	$ 5.6
Tenant allowances		$ 22.5	$ 22.4
Deferred rent		$ 48.6	$ 47.8
Minimum
Lessee, Lease, Description [Line Items]
Leases not yet commenced, lease term	2 years
Maximum
Lessee, Lease, Description [Line Items]
Leases not yet commenced, lease term	10 years
United States, Puerto Rico and Canada
Lessee, Lease, Description [Line Items]
Operating lease terms	10 years
United Kingdom, The Republic of Ireland and Germany | Minimum
Lessee, Lease, Description [Line Items]
Operating lease terms	10 years
United Kingdom, The Republic of Ireland and Germany | Maximum
Lessee, Lease, Description [Line Items]
Operating lease terms	15 years

Leases - Components of Lease Co

Leases - Components of Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Nov. 02, 2019	Nov. 02, 2019
Leases [Abstract]
Operating lease cost	$ 46,272	$ 137,242
Variable lease cost	3,051	8,884
Less: Sublease income	(60)	(246)
Net Lease Cost	$ 49,263	$ 145,880

Leases - Schedule of Lease Matu

Leases - Schedule of Lease Maturity Under Topic 842 (Details) $ in Thousands	Nov. 02, 2019USD ($)
Leases [Abstract]
November 3, 2019 through February 1, 2020	$ 46,808
2021	182,146
2022	168,712
2023	148,413
2024	126,016
Thereafter	278,740
Total undiscounted future minimum lease payments	950,835
Less: Amounts representing interest	(141,879)
Total Present Value of Operating Lease Liabilities	$ 808,956

Leases - Supplemental Informati

Leases - Supplemental Information (Details)	Nov. 02, 2019
Leases [Abstract]
Weighted-average remaining lease term (years)	6 years 2 months 12 days
Weighted-average discount rate	5.20%

Leases - Cash Flow Information

Leases - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Nov. 02, 2019	Nov. 02, 2019
Operating cash flow information:
Cash paid for amounts included in the measurement of operating lease liabilities	$ 45,338	$ 137,108
Non-cash activity:
Operating lease right-of-use assets obtained in exchange for operating lease liabilities	$ 19,220	$ 54,175

Leases - Prior Period Comparati

Leases - Prior Period Comparative Disclosures (Details) $ in Thousands	Feb. 02, 2019USD ($)
Leases [Abstract]
2020	$ 183,432
2021	171,584
2022	159,155
2023	140,889
2024	119,023
Thereafter	323,638
Total Minimum Rental Commitments	$ 1,097,721

Defined Benefit Pension Plans_3

Defined Benefit Pension Plans and Other Postretirement Benefit Plans (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018	Feb. 02, 2019
Amortization:
Total other components of net periodic benefit cost	$ (92,000)	$ (30,000)	$ (271,000)	$ (67,000)
Pension Benefits
Components of Net Periodic Benefit Cost
Service cost	163,000	112,000	488,000	337,000
Interest cost	755,000	756,000	2,268,000	2,266,000
Expected return on plan assets	(729,000)	(1,049,000)	(2,190,000)	(3,149,000)
Amortization:
Prior service cost	0	0	0	0
Amortization of losses	69,000	196,000	212,000	581,000
Total other components of net periodic benefit cost	95,000	(97,000)	290,000	(302,000)
Net Periodic Benefit Cost	258,000	15,000	778,000	35,000
Contribution required					$ 0
Other Benefits
Components of Net Periodic Benefit Cost
Service cost	22,000	122,000	67,000	399,000
Interest cost	37,000	55,000	113,000	180,000
Expected return on plan assets	0	0	0	0
Amortization:
Prior service cost	(230,000)	0	(691,000)	0
Amortization of losses	6,000	12,000	17,000	55,000
Total other components of net periodic benefit cost	(187,000)	67,000	(561,000)	235,000
Net Periodic Benefit Cost	$ (165,000)	$ 189,000	$ (494,000)	$ 634,000

Earnings Per Share - Calculatio

Earnings Per Share - Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018
Earnings Per Share [Abstract]
Earnings from continuing operations	$ 18,979	$ 19,694	$ 26,242	$ 21,525
Basic EPS from continuing operations
Income available to common shareholders, income (numerator)	$ 18,979	$ 19,694	$ 26,242	$ 21,525
Income available to common shareholders, shares (denominator) (in shares)	14,465,000	19,462,000	16,023,000	19,361,000
Income available to common shareholders, per share amount (in dollars per share)	$ 1.31	$ 1.01	$ 1.64	$ 1.11
Effect of Dilutive Securities from continuing operations
Dilutive share-based awards, shares (denominator) (in shares)	29,000	139,000	79,000	114,000
Employees' preferred stock, shares (denominator) (in shares)	35,000	36,000	34,000	36,000
Diluted EPS from continuing operations
Income available to common shareholders plus assumed conversions, income (numerator)	$ 18,979	$ 19,694	$ 26,242	$ 21,525
Income available to common shareholders plus assumed conversions, shares (denominator) (in shares)	14,529,000	19,637,000	16,136,000	19,511,000
Income available to common shareholders plus assumed conversions, per share amount (in dollars per share)	$ 1.31	$ 1	$ 1.63	$ 1.10
Common convertible ratio (in shares)	1	1	1	1

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - USD ($)	1 Months Ended	3 Months Ended				9 Months Ended
	Dec. 06, 2019	Nov. 02, 2019	Aug. 03, 2019	May 04, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018	Sep. 30, 2019	May 31, 2019	Dec. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock repurchased during period (in shares)		1,150,198			0	4,570,015	0
Stock repurchased during period, value		$ 41,289,000	$ 68,114,000	$ 79,971,000		$ 189,400,000
Stock repurchase program, authorized amount								$ 100,000,000	$ 100,000,000	$ 125,000,000
Subsequent Event
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock repurchased during period (in shares)	0
Stock repurchase program, remaining authorized repurchase amount	$ 89,700,000

Legal Proceedings and Other M_2

Legal Proceedings and Other Matters (Details)	May 19, 2017employee	Feb. 28, 2017USD ($)	Jun. 30, 2016USD ($)	Nov. 02, 2019USD ($)Well	May 04, 2019USD ($)	Nov. 03, 2018USD ($)	Nov. 02, 2019USD ($)Well	Nov. 03, 2018USD ($)	Feb. 02, 2019USD ($)	Apr. 30, 2015USD ($)
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 related to outstanding environmental contingencies				$ 1,700,000		$ 1,600,000	1,700,000	$ 1,600,000	$ 1,800,000
Pretax accrual charges (gains) for environmental contingencies included in provision for discontinued operations				100,000		$ 200,000	500,000	$ 500,000
Number of claimants | employee	2
Pending Litigation
Loss Contingencies [Line Items]
Payment of attorneys fees and administrative costs							400,000
Village of Garden City, New York
Loss Contingencies [Line Items]
Future operation and maintenance costs							126,400
Amount awarded to other party			$ 10,000,000
Chen and Salas vs. Genesco Inc | Pending Litigation | Maximum
Loss Contingencies [Line Items]
Amount awarded to other party							800,000
Environmental Monitoring, Operation and Maintenance Activities | Minimum
Loss Contingencies [Line Items]
Estimated possible loss				1,700,000			1,700,000
Environmental Monitoring, Operation and Maintenance Activities | Maximum
Loss Contingencies [Line Items]
Estimated possible loss				2,000,000			2,000,000
EPA Interim Oversight Costs
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
Internal Revenue Service (IRS)
Loss Contingencies [Line Items]
Estimate of possible loss					$ 12,300,000
Income tax examination settlement, liability				$ 0			$ 0

Business Segment Information -

Business Segment Information - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019USD ($)segment	Nov. 03, 2018USD ($)segment	Nov. 02, 2019USD ($)segment	Nov. 03, 2018USD ($)segment	Feb. 02, 2019USD ($)
Segment Reporting Information [Line Items]
Number of reportable business segments | segment	4	4	4	4
Asset impairments and other, net	$ 799	$ (70)	$ 1,843	$ 1,019
Goodwill	92,166	92,396	92,166	92,396	$ 93,081
Increase (decrease) in goodwill			(915)
Property and equipment	261,281	285,853	261,281	285,853	277,375
Capital expenditures	8,137	16,082	21,388	47,208
United Kingdom
Segment Reporting Information [Line Items]
Property and equipment	39,700	46,800	39,700	46,800
Canada
Segment Reporting Information [Line Items]
Property and equipment	11,000	13,500	11,000	13,500
Journeys Group
Segment Reporting Information [Line Items]
Goodwill	9,800	9,800	9,800	9,800	9,838
Increase (decrease) in goodwill		(600)	(38)
Schuh Group
Segment Reporting Information [Line Items]
Goodwill	82,366	82,600	82,366	82,600	$ 83,243
Increase (decrease) in goodwill		(7,300)	(877)
Lids Sports Group
Segment Reporting Information [Line Items]
Depreciation expense		6,200		19,000
Capital expenditures		4,300		13,000
Operating Segments | Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	0	0	0	0
Capital expenditures	4,886		12,983
Operating Segments | Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	0	0	0	0
Capital expenditures	982		3,749
Operating Segments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	0	0	0	0
Capital expenditures	2,133		3,953
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net	800	700	1,800	2,000
Retail Store Asset Impairments | Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other, net		100	100	600
Retail Store Asset Impairments | Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	300	600	1,200	1,400
Retail Store Asset Impairments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 500		$ 500
Legal and Other Matters
Segment Reporting Information [Line Items]
Asset impairments and other, net				300
Hurricane Maria
Segment Reporting Information [Line Items]
Asset impairments and other, net		100		100
Hurricane gains (losses)		900		1,400
Hurricane
Segment Reporting Information [Line Items]
Hurricane gains (losses)		$ (100)		$ (100)

Business Segment Information _2

Business Segment Information - Schedule of Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2019	Nov. 03, 2018	Nov. 02, 2019	Nov. 03, 2018	Feb. 02, 2019
Segment Reporting Information [Line Items]
Sales	$ 537,263	$ 539,828	$ 1,519,487	$ 1,513,065
Intercompany sales	0	0	0	(3)
Net sales to external customers	537,263	539,828	1,519,487	1,513,062
Segment operating income (loss)	26,742	26,317	39,832	32,193
Asset impairments and other	(799)	70	(1,843)	(1,019)
Operating income	25,943	26,387	37,989	31,174
Other components of net periodic benefit cost	92	30	271	67
Interest expense	(808)	(984)	(2,491)	(3,144)
Interest income	206	147	1,708	176
Earnings from continuing operations before income taxes	25,433	25,580	37,477	28,273
Total Assets	1,785,492	1,430,713	1,785,492	1,430,713	$ 1,181,081
Depreciation and amortization	12,180	19,151	37,298	58,069
Capital expenditures	8,137	16,082	21,388	47,208
Total assets ongoing operations		1,070,102		1,070,102
Depreciation and amortization from continuing operations		12,961		39,039
Capital expenditures from continuing operations		11,830		34,230
Operating Segments
Segment Reporting Information [Line Items]
Total Assets		1,430,713		1,430,713
Assets from discontinued operations		360,611		360,611
Operating Segments | Journeys Group
Segment Reporting Information [Line Items]
Sales	354,920	345,702	994,067	956,839
Intercompany sales	0	0	0	0
Net sales to external customers	354,920	345,702	994,067	956,839
Segment operating income (loss)	28,955	24,692	59,260	44,722
Asset impairments and other	0	0	0	0
Operating income	28,955	24,692	59,260	44,722
Other components of net periodic benefit cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	28,955	24,692	59,260	44,722
Total Assets	1,020,894		1,020,894
Depreciation and amortization	7,231		21,714
Capital expenditures	4,886		12,983
Total assets ongoing operations		501,282		501,282
Depreciation and amortization from continuing operations		7,075		20,756
Capital expenditures from continuing operations		7,244		21,640
Operating Segments | Schuh Group
Segment Reporting Information [Line Items]
Sales	92,899	95,567	262,219	273,992
Intercompany sales	0	0	0	0
Net sales to external customers	92,899	95,567	262,219	273,992
Segment operating income (loss)	4,369	4,207	(1,020)	(360)
Asset impairments and other	0	0	0	0
Operating income	4,369	4,207	(1,020)	(360)
Other components of net periodic benefit cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	4,369	4,207	(1,020)	(360)
Total Assets	378,014		378,014
Depreciation and amortization	2,749		8,745
Capital expenditures	982		3,749
Total assets ongoing operations		233,655		233,655
Depreciation and amortization from continuing operations		3,443		10,903
Capital expenditures from continuing operations		1,932		5,907
Operating Segments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Sales	72,703	79,736	214,704	223,861
Intercompany sales	0	0	0	0
Net sales to external customers	72,703	79,736	214,704	223,861
Segment operating income (loss)	3,715	5,072	10,339	10,654
Asset impairments and other	0	0	0	0
Operating income	3,715	5,072	10,339	10,654
Other components of net periodic benefit cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	3,715	5,072	10,339	10,654
Total Assets	211,459		211,459
Depreciation and amortization	1,484		4,608
Capital expenditures	2,133		3,953
Total assets ongoing operations		133,507		133,507
Depreciation and amortization from continuing operations		1,654		4,814
Capital expenditures from continuing operations		2,384		5,352
Operating Segments | Licensed Brands
Segment Reporting Information [Line Items]
Sales	16,726	18,757	48,392	58,161
Intercompany sales	0	0	0	(3)
Net sales to external customers	16,726	18,757	48,392	58,158
Segment operating income (loss)	(27)	(218)	151	(379)
Asset impairments and other	0	0	0	0
Operating income	(27)	(218)	151	(379)
Other components of net periodic benefit cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings from continuing operations before income taxes	(27)	(218)	151	(379)
Total Assets	21,971		21,971
Depreciation and amortization	118		383
Capital expenditures	78		328
Total assets ongoing operations		25,319		25,319
Depreciation and amortization from continuing operations		160		476
Capital expenditures from continuing operations		28		109
Corporate & Other
Segment Reporting Information [Line Items]
Sales	15	66	105	212
Intercompany sales	0	0	0	0
Net sales to external customers	15	66	105	212
Segment operating income (loss)	(10,270)	(7,436)	(28,898)	(22,444)
Asset impairments and other	(799)	70	(1,843)	(1,019)
Operating income	(11,069)	(7,366)	(30,741)	(23,463)
Other components of net periodic benefit cost	92	30	271	67
Interest expense	(808)	(984)	(2,491)	(3,144)
Interest income	206	147	1,708	176
Earnings from continuing operations before income taxes	(11,579)	(8,173)	(31,253)	(26,364)
Total Assets	153,154		153,154
Depreciation and amortization	598		1,848
Capital expenditures	58		375
Total assets ongoing operations		176,339		176,339
Depreciation and amortization from continuing operations		629		2,090
Capital expenditures from continuing operations		242		1,222
Hurricane Maria
Segment Reporting Information [Line Items]
Asset impairments and other		(100)		(100)
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other	(800)	(700)	(1,800)	(2,000)
Retail Store Asset Impairments | Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other		(100)	(100)	(600)
Retail Store Asset Impairments | Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other	(300)	$ (600)	(1,200)	(1,400)
Retail Store Asset Impairments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other	$ (500)		$ (500)
Legal and Other Matters
Segment Reporting Information [Line Items]
Asset impairments and other				$ (300)

Subsequent Event (Details)

Subsequent Event (Details) - 2019 Restatement Agreement - Subsequent Event	Nov. 15, 2019GBP (£)	Nov. 15, 2019EUR (€)
Subsequent Event [Line Items]
Covenant, minimum interest coverage ratio	4.50	4.50
Covenant, maximum leverage ratio	1.75	1.75
Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity	£ 6,250,000
Credit Facility | IRELAND
Subsequent Event [Line Items]
Maximum borrowing capacity | €		€ 7,200,000
Revolving Credit Facility
Subsequent Event [Line Items]
Maximum borrowing capacity	19,000,000
Working Capital Facility
Subsequent Event [Line Items]
Maximum borrowing capacity	£ 2,500,000
London Interbank Offered Rate (LIBOR) | Credit Facility
Subsequent Event [Line Items]
Stated interest rate	2.50%
London Interbank Offered Rate (LIBOR) | Revolving Credit Facility
Subsequent Event [Line Items]
Stated interest rate	2.20%
EURIBOR | Credit Facility | IRELAND
Subsequent Event [Line Items]
Stated interest rate	2.20%

Uncategorized Items - gcofy2020

Label	Element	Value
Accounting Standards Update 2014-09 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 4,413,000
Accounting Standards Update 2014-09 [Member] | Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	4,413,000
Accounting Standards Update 2016-02 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(4,208,000)
Accounting Standards Update 2016-02 [Member] | Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (4,208,000)