Genesco (GCO) 10-Q 10 Dec 20 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Oct. 31, 2020	Nov. 27, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Oct. 31, 2020
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	Genesco Park
Entity Address, Address Line Two	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	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock Shares Outstanding		14,992,078
Entity Central Index Key	0000018498
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--01-30

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Current Assets:
Cash and cash equivalents	$ 115,061	$ 81,418	$ 55,826
Accounts receivable, net of allowances of $5,142 at October 31, 2020, $2,940 at Feb. 1, 2020 and $2,457 at November 2, 2019	35,592	29,195	34,849
Inventories	370,699	365,269	473,940
Prepaids and other current assets	62,606	32,301	36,179
Total current assets	583,958	508,183	600,794
Property and equipment, net	210,834	238,320	261,281
Operating lease right of use assets	640,078	735,044	750,855
Goodwill	38,129	122,184	92,166
Other intangibles	29,664	36,364	30,637
Deferred income taxes	12,790	19,475	25,188
Other noncurrent assets	21,047	20,908	24,571
Total Assets	1,536,500	1,680,478	1,785,492
Current Liabilities:
Accounts payable	151,978	135,784	195,906
Accrued employee compensation	12,247	31,579	31,531
Current portion – long-term debt			17,146
Current portion - operating lease liabilities	196,603	142,695	145,788
Other accrued liabilities	71,380	51,382	57,665
Provision for discontinued operations	434	495	488
Total current liabilities	432,642	361,935	448,524
Long-term debt	32,850	14,393	62,368
Long-term operating lease liabilities	560,082	647,949	663,168
Other long-term liabilities	39,335	35,177	36,138
Provision for discontinued operations	1,619	1,681	1,846
Total liabilities	1,066,528	1,061,135	1,212,044
Commitments and contingent liabilities
Equity:
Non-redeemable preferred stock	1,009	1,009	1,011
Common equity:
Common stock, $1 par value: Authorized; 80,000,000 shares Issued common stock	15,479	15,186	15,189
Additional paid-in capital	280,340	274,101	271,505
Retained earnings	231,001	378,572	343,156
Accumulated other comprehensive loss	(40,000)	(31,668)	(39,556)
Treasury shares, at cost (488,464 shares)	(17,857)	(17,857)	(17,857)
Total equity	469,972	619,343	573,448
Total Liabilities and Equity	$ 1,536,500	$ 1,680,478	$ 1,785,492

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Current Assets:
Allowances on accounts receivable	$ 5,142	$ 2,940	$ 2,457
Common equity:
Common stock, par value (in dollars per share)	$ 1	$ 1	$ 1
Common stock, shares authorized (in shares)	80,000,000	80,000,000	80,000,000
Treasury shares, at cost (in shares)	488,464	488,464	488,464

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Income Statement [Abstract]
Net sales	$ 479,280	$ 537,263	$ 1,149,729	$ 1,519,487
Cost of sales	253,776	273,061	637,081	773,844
Gross margin	225,504	264,202	512,648	745,643
Selling and administrative expenses	210,961	237,460	587,264	705,811
Goodwill impairment	0	0	79,259	0
Asset impairments and other, net	6,359	799	15,953	1,843
Operating income (loss)	8,184	25,943	(169,828)	37,989
Other components net periodic benefit income	(182)	(92)	(488)	(271)
Interest expense, net:
Interest expense	1,415	808	4,429	2,491
Interest income	(11)	(206)	(251)	(1,708)
Total interest expense, net	1,404	602	4,178	783
Earnings (loss) from continuing operations before income taxes	6,962	25,433	(173,518)	37,477
Income tax expense (benefit)	(514)	6,454	(27,446)	11,235
Earnings (loss) from continuing operations	7,476	18,979	(146,072)	26,242
Loss from discontinued operations, net of tax	(10)	(80)	(275)	(420)
Net Earnings (Loss)	$ 7,466	$ 18,899	$ (146,347)	$ 25,822
Basic earnings (loss) per common share:
Continuing operations	$ 0.52	$ 1.31	$ (10.29)	$ 1.64
Discontinued operations	0	0	(0.02)	(0.03)
Net earnings (loss)	0.52	1.31	(10.31)	1.61
Diluted earnings (loss) per common share:
Continuing operations	0.52	1.31	(10.29)	1.63
Discontinued operations	0	(0.01)	(0.02)	(0.03)
Net earnings (loss)	$ 0.52	$ 1.30	$ (10.31)	$ 1.60
Weighted average shares outstanding:
Basic	14,283	14,465	14,191	16,023
Diluted	14,362	14,529	14,191	16,136

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Statement Of Income And Comprehensive Income [Abstract]
Net earnings (loss)	$ 7,466	$ 18,899	$ (146,347)	$ 25,822
Other comprehensive income (loss):
Pension liability adjustments, net of tax	0	51	0	157
Postretirement liability adjustments, net of tax	(157)	(167)	(433)	(500)
Foreign currency translation adjustments	(283)	8,715	(7,899)	(1,277)
Total other comprehensive income (loss)	(440)	8,599	(8,332)	(1,620)
Comprehensive income (loss)	$ 7,026	$ 27,498	$ (154,679)	$ 24,202

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings (loss)	$ (146,347)	$ 25,822
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	35,553	37,298
Amortization of deferred note expense and debt discount	611	315
Deferred income taxes	6,827	(3,127)
Provision for accounts receivable	2,770	(76)
Impairment of intangible assets	84,519	268
Impairment of long-lived assets	11,141	1,569
Restricted stock expense	6,532	7,485
Other	594	1,376
Effect on cash from changes in working capital and other assets and liabilities, net of acquisitions:
Accounts receivable	(9,130)	(5,158)
Inventories	(6,902)	(107,657)
Prepaids and other current assets	(30,626)	11,001
Accounts payable	32,428	51,756
Other accrued liabilities	613	(17,225)
Other assets and liabilities	62,719	(841)
Net cash provided by operating activities	51,302	2,806
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(18,157)	(21,388)
Other investing activities	0	23
Acquisitions, net of cash acquired	(75)	0
Proceeds from sale of businesses	0	98,677
Proceeds from asset sales	100	30
Net cash provided by (used in) investing activities	(18,132)	77,342
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of long-term debt	0	(789)
Borrowings under revolving credit facility	218,307	74,123
Payments on revolving credit facility	(201,569)	(59,042)
Share repurchases related to share repurchase program	0	(189,210)
Restricted shares withheld for taxes	(1,224)	(2,209)
Change in overdraft balances	(15,970)	(14,191)
Additions to deferred note cost	(1,301)	0
Net cash used in financing activities	(1,757)	(191,318)
Effect of foreign exchange rate fluctuations on cash	2,230	(359)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	33,643	(111,529)
Cash and cash equivalents at beginning of period	81,418	167,355
CASH AND CASH EQUIVALENTS AT END OF PERIOD	115,061	55,826
Supplemental Cash Flow Information:
Interest paid	3,560	2,146
Income taxes paid	4,256	3,542
Cash paid for amounts included in measurement of operating lease liabilities	78,777	137,108
Right of use assets obtained in exchange for new operating lease liabilities	$ 24,999	$ 54,175

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	Cumulative Effect, Period of Adoption, Adjustment	Cumulative Effect, Period of Adoption, AdjustmentRetained Earnings
Beginning balance at Feb. 02, 2019	$ 737,551	$ 1,060	$ 19,591	$ 264,138	$ 508,555	$ (37,936)	$ (17,857)	$ (4,208)	$ (4,208)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible List]								us-gaap:AccountingStandardsUpdate201602Member	us-gaap:AccountingStandardsUpdate201602Member
Net earnings (loss)	6,346				6,346
Other comprehensive earnings (loss)	968					968
Employee and non-employee share-based compensation	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)
Beginning balance at Feb. 02, 2019	737,551	1,060	19,591	264,138	508,555	(37,936)	(17,857)	$ (4,208)	$ (4,208)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	25,822
Other comprehensive earnings (loss)	(1,620)
Ending balance at Nov. 02, 2019	573,448	1,011	15,189	271,505	343,156	(39,556)	(17,857)
Beginning balance at May. 04, 2019	662,926	1,012	17,753	266,455	432,531	(36,968)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	577				577
Other comprehensive earnings (loss)	(11,187)					(11,187)
Employee and non-employee share-based compensation	2,629			2,629
Shares repurchased	(68,114)		(1,611)		(66,503)
Restricted stock issuance			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)
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 share-based compensation	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)
Beginning balance at Feb. 01, 2020	619,343	1,009	15,186	274,101	378,572	(31,668)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(134,777)				(134,777)
Other comprehensive earnings (loss)	(10,935)					(10,935)
Employee and non-employee share-based compensation	2,191			2,191
Other			(15)	15
Ending balance at May. 02, 2020	475,822	1,009	15,171	276,307	243,795	(42,603)	(17,857)
Beginning balance at Feb. 01, 2020	619,343	1,009	15,186	274,101	378,572	(31,668)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(146,347)
Other comprehensive earnings (loss)	(8,332)
Ending balance at Oct. 31, 2020	469,972	1,009	15,479	280,340	231,001	(40,000)	(17,857)
Beginning balance at May. 02, 2020	475,822	1,009	15,171	276,307	243,795	(42,603)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(19,036)				(19,036)
Other comprehensive earnings (loss)	3,043					3,043
Employee and non-employee share-based compensation	2,258			2,258
Restricted stock issuance			461	(461)
Restricted shares withheld for taxes	(1,223)		(64)	64	(1,223)
Other			(86)	86
Ending balance at Aug. 01, 2020	460,864	1,009	15,482	278,254	223,536	(39,560)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	7,466				7,466
Other comprehensive earnings (loss)	(440)					(440)
Employee and non-employee share-based compensation	2,083			2,083
Restricted shares withheld for taxes	(1)				(1)
Other			(3)	3
Ending balance at Oct. 31, 2020	$ 469,972	$ 1,009	$ 15,479	$ 280,340	$ 231,001	$ (40,000)	$ (17,857)

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Oct. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 1 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, including normal recurring adjustments, necessary for a fair presentation of the results for the interim periods of the fiscal year ending January 30, 2021 ("Fiscal 2021") and of the fiscal year ended February 1, 2020 ("Fiscal 2020"). All subsidiaries are consolidated in the Condensed Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated. 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 1, 2020 has been derived from the audited financial statements at that date. These Condensed Consolidated Financial Statements should be read in conjunction with our Consolidated Financial Statements and notes for Fiscal 2020, which are contained in our Annual Report on Form 10-K as filed with the SEC on April 1, 2020. Nature of Operations Genesco Inc. and its subsidiaries (collectively the "Company", "we", "our", or "us") 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 (“ROI”); through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com and littleburgundyshoes.com and at wholesale, primarily under our Johnston & Murphy brand, the licensed Dockers brand, the licensed Levi's brand, the licensed Bass brand and other brands that we license for footwear. At October 31, 2020, we operated 1,476 retail stores in the U.S., Puerto Rico, Canada, the United Kingdom and the ROI. During the three and nine months ended October 31, 2020 and November 2, 2019, we operated four reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz and Little Burgundy retail footwear chains and e-commerce 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 and wholesale distribution of products under the Johnston & Murphy ® ® ® ® Cash and Cash Equivalents There were $50.0 million, $59.6 million and $32.8 million in cash equivalents at October 31, 2020, February 1, 2020 and November 2, 2019, respectively. Our foreign subsidiaries held cash of approximately $13.8 million, $8.9 million and $6.1 million as of October 31, 2020, February 1, 2020 and November 2, 2019, respectively, which is included in cash and cash equivalents on the Condensed Consolidated Balance Sheets. At October 31, 2020, February 1, 2020 and November 2, 2019, outstanding checks drawn on zero-balance accounts at certain domestic banks exceeded book cash balances at those banks by approximately $1.1 million, $17.1 million and $15.4 million, respectively. These amounts are included in accounts payable in the Condensed Consolidated Balance Sheets. Concentration of Credit Risk and Allowances on Accounts Receivable Our 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 10%, two customers each accounted for 9% and no other customer accounted for more than 5% of our total trade receivables balance as of October 31, 2020. Selling and Administrative Expenses Wholesale costs of distribution are included in selling and administrative expenses on the Condensed Consolidated Statements of Operations in the amount of $3.1 million and $1.3 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $7.7 million and $4.0 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively. Note 1 Summary of Significant Accounting Policies, Continued Retail occupancy costs recorded in selling and administrative expense were $68.6 million and $82.7 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $217.4 million and $251.8 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively. Advertising Costs Advertising costs were $19.4 million and $18.3 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $48.0 million and $48.5 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively. Vendor Allowances Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $0.8 million and $1.7 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $3.5 million and $5.9 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively. During the first nine months of Fiscal 2021 and Fiscal 2020, our cooperative advertising reimbursements received were not in excess of the costs incurred. Foreign Currency Translation The functional currency of our 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 net income of $0.2 million and a net loss of $0.2 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and net income of $0.7 million for the first nine months of Fiscal 2021 and a net loss of $0.3 million for the first nine months of Fiscal 2020. New Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2018-13 guidance related to the disclosure requirements for fair value measurement. This guidance added, modified and removed certain disclosure requirements related to assets and liabilities recorded at fair value. This guidance is effective for public business entities for fiscal years and interim periods within those years, beginning after December 15, 2019, and early adoption is permitted. We adopted this guidance in the first quarter of Fiscal 2021 and it had no impact to our results of operations, financial position or cash flows. In June 2016, the FASB issued ASU No. 2016-13, " "

COVID-19

COVID-19	9 Months Ended
	Oct. 31, 2020
Extraordinary And Unusual Items [Abstract]
COVID-19	Note 2 COVID-19 In March 2020, the World Health Organization categorized the outbreak of COVID-19 as a pandemic. To help control the spread of the virus and protect the health and safety of our employees and customers, we began temporarily closing or modifying operating models and hours of our retail stores in North America, the United Kingdom and ROI both in response to governmental requirements including “stay-at-home” orders and similar mandates and voluntarily, beyond the requirements of local government authorities, during the first three quarters of Fiscal 2021. Changes made in our operations, including temporary closures, combined with reduced customer traffic due to concerns over COVID-19, resulted in material reductions in revenues and operating income during the first three quarters of Fiscal 2021. This prompted us to update our impairment analyses of our retail store portfolios and related lease right-of-use assets. For certain lower-performing stores, we compared the carrying value of store assets to undiscounted cash flows with updated assumptions on near-term profitability. As a result, we recorded a $3.0 million, $1.7 million and $6.4 million asset impairment charge within asset impairments and other, net on our Condensed Consolidated Statements of Operations during the quarters ended May 2, 2020, August 1, 2020 and October 31, 2020, respectively. Note 2 COVID-19, Continued We evaluated our goodwill and indefinite-lived intangible assets for indicators of impairment at the end of the quarters ended May 2, 2020, August 1, 2020 and October 31, 2020. During the first quarter, such evaluation caused us to determine that, when considering the impact of COVID-19, indicators of impairment existed relating to the goodwill associated with Schuh Group and certain other trademarks. Therefore, we updated the goodwill impairment analysis for Schuh Group, and as a result, recorded a goodwill impairment charge of $79.3 million during the quarter ended May 2, 2020. In addition, we updated our impairment analysis for other intangible assets and, as a result, recorded a trademark impairment charge of $5.3 million during the quarter ended May 2, 2020. There were no impairment indicators for the quarters ended August 1, 2020 or October 31, 2020. We evaluated our remaining tangible assets, particularly accounts receivable and inventory. Our wholesale businesses sell primarily to independent retailers and department stores across the United States. Receivables arising from these sales are not collateralized. Customer credit risk is affected by conditions or occurrences within the economy and the retail industry, such as COVID-19, as well as by customer specific factors. We establish an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information We also record reserves for obsolete and slow-moving inventory and for estimated shrinkage between physical inventory counts. We recorded incremental inventory reserve provisions as a result of excess inventory due to the impact of COVID-19 on retail traffic and demand for certain products. Depending on the pace of reopening our stores as well as future customer behavior, among other factors, we may incur additional inventory reserve provisions. Since the first quarter of Fiscal 2021, we have withheld certain contractual rent payments generally correlating with time periods when our stores were closed and/or correlating with sales declines from Fiscal 2020. We continue to recognize rent expense in accordance with the contractual terms. We are working with landlords in various markets seeking commercially reasonable lease concessions given the current environment, and while some agreements have been reached, a significant number of negotiations remain ongoing. In cases where the agreements do not result in a substantial increase in the rights of the lessor or the obligation of the lessee such that the total cash flows of the modified lease are substantially the same or less than the total cash flows of the existing lease, we have not reevaluated the contract terms. For these lease agreements, we have recognized a reduction in variable rent expense in the period that the concession was granted. On March 27, 2020, the U.S. government enacted the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), which among other things, provides employer payroll tax credits for wages paid to employees who are unable to work during the COVID-19 pandemic and options to defer payroll tax payments. Based on our preliminary evaluation of the CARES Act, we qualify for certain employer payroll tax credits as well as the deferral of payroll and other tax payments in the future, which will be treated as government subsidies to offset related operating expenses. During the quarters ended May 2, 2020, August 1, 2020 and October 31, 2020, qualified payroll tax credits reduced our selling and administrative expenses by approximately $7.0 million, $3.8 million and $1.8 million on our Condensed Consolidated Statements of Operations as a result of relief from the CARES Act and other foreign governmental packages. We have deferred and intend to defer additional qualified payroll and other tax payments as permitted by the CARES Act. S avings from the government program in the U.K. has provided property tax relief We recorded our income tax expense, deferred tax assets and related liabilities based on our best estimates. As part of this process, we assessed the likelihood of realizing the benefits of our deferred tax assets. As of the end of our first quarter of Fiscal 2021, based on available evidence, we recorded additional valuation allowance adjustments in our U.K. jurisdiction of $2.0 million. Further, we excluded the U.K. tax jurisdiction from our estimate of the annual effective tax rate for Fiscal 2021 as we do not expect to record any tax benefit from the losses anticipated for Fiscal 2021. We will continue to monitor the realizability of our deferred tax assets, particularly in certain foreign jurisdictions where the COVID-19 pandemic has started to create significant net operating losses. Our ability to recover these deferred tax assets depends on several factors, including our results of operations and our ability to project future taxable income in those jurisdictions. If we determine that some portion of the tax benefit will not be realized, we would record a valuation allowance, which would decrease our income tax benefit. Total deferred tax assets, net of valuation allowances, as of the end of our first quarter ended May 2, 2020 were approximately $14.6 million, of which approximately $0.9 million related to foreign jurisdictions. Total deferred tax assets as of August 1, 2020 were approximately $12.4 million, of which approximately $1.0 million related to foreign jurisdictions. Total deferred tax assets as of October 31, 2020 were approximately $12.8 million, of which approximately $0.9 million related to foreign jurisdictions. Note 2 COVID-19, Continued The COVID-19 pandemic remains a rapidly evolving situation. The continuation of the COVID-19 pandemic, its economic impact and actions taken in response thereto may result in prolonged or recurring periods of store closures and modified operating schedules and may result in changes in customer behaviors, including a potential reduction in consumer discretionary spending in our stores. These may lead to increased asset recovery and valuation risks, such as impairment of our store and other assets and an inability to realize deferred tax assets due to sustaining losses in certain jurisdictions. The uncertainties in the global economy have and are likely to continue to impact the financial viability of our suppliers, and other business partners, which may interrupt our supply chain, limit our ability to collect receivables and require other changes to our operations. These and other factors have and will continue to adversely impact our net revenues, gross margins, operating income and earnings per share financial measures.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Oct. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 3 Goodwill and Other Intangible Assets The changes in the carrying amount of goodwill by segment were as follows: (In thousands) Schuh Group Journeys Group Licensed Brands Group Total Goodwill Balance, February 1, 2020 $ 84,069 $ 9,730 $ 28,385 $ 122,184 Change in opening balance sheet — — 77 77 Impairment (79,259 ) — — (79,259 ) Effect of foreign currency exchange rates (4,810 ) (63 ) — (4,873 ) Balance, October 31, 2020 $ — $ 9,667 $ 28,462 $ 38,129 During the first quarter of Fiscal 2021, we identified qualitative indicators of impairment, including a significant decline in our stock price and market capitalization resulting from the COVID-19 pandemic, since the last consideration of indicators of impairment in the fourth quarter of Fiscal 2020 for our Schuh Group reporting unit. When indicators of impairment are present on an interim basis, we must assess whether it is “more likely than not” (i.e., a greater than 50% chance) that an impairment has occurred. In our Fiscal 2020 annual evaluation of goodwill, we determined the Schuh Group reporting unit was valued at approximately $8.2 million in excess of its carrying value. Due to the identified indicators of impairment in the first quarter of Fiscal 2021, we determined that it was “more likely than not” that an impairment had occurred and performed a full valuation of our Schuh Group reporting. Based upon the results of these analyses, we concluded the goodwill attributed to Schuh Group was fully impaired. As a result, we recorded an impairment charge of $79.3 million in the first quarter of Fiscal 2021. Goodwill Valuation (Schuh Group) We estimated the fair value of our Schuh reporting unit in the first quarter of Fiscal 2021 using a discounted cash flow method (income approach) weighted 50% and a guideline public company method (market approach) weighted 50%. The key assumptions used under the income approach include the following: • Future cash flow assumptions - Our projections for the Schuh reporting unit were based on organic growth and were derived from historical experience and assumptions regarding future growth and profitability trends, including considerations for the impact from the outbreak of the COVID-19 pandemic. Our analysis incorporated an assumed period of cash flows of seven years with a terminal value. • Discount rate - The discount rate was based on an estimated weighted average cost of capital (“WACC”) for the reporting unit. The components of WACC are the cost of equity and the cost of debt, each of which requires judgment by management to estimate. We developed our cost of equity estimate based on perceived risks and predictability of future cash flows. The WACC used to estimate the fair values of the Schuh reporting unit was 16%. The guideline company method involves analyzing transaction and financial data of publicly traded companies to develop multiples, which are adjusted to account for differences in growth prospects and risk profiles of the reporting unit and comparable companies. Trademark Valuation In addition, as a result of the factors noted above, we evaluated the fair value of our trademarks during the first quarter of Fiscal 2021. The fair value of trademarks was determined based on the royalty savings approach. This analysis indicated trademark impairment in our Journeys Note 3 Goodwill and Other Intangible Assets, Continued Group and Johnston & Murphy Group. As a result, we recorded a trademark impairment of $5.3 million in the first quarter of Fiscal 2021. This charge is included in asset impairment and other, net in the accompanying Condensed Consolidated Statements of Operations. Key assumptions included in the estimation of the fair value for trademarks include the following: • Future cash flow assumptions - Future cash flow assumptions include retail sales from our retail store operations and ecommerce retail sales. Sales were based on organic growth and were derived from historical experience and assumptions regarding future growth, including considerations for the impact from the outbreak of the COVID-19 pandemic. Our analysis incorporated an assumed period of cash flows of five years with a terminal value. • Royalty rate - The royalty rate used to estimate the fair values of our reporting units’ trademarks was 1%. • Discount rate - The discount rate was based on an estimated WACC for each business. The components of WACC are the cost of equity and the cost of debt, each of which requires judgment by management to estimate. The WACC used to estimate the fair values of our reporting units’ trademarks was 15%. Other intangibles by major classes were as follows: Trademarks Customer Lists (1) Other (2) Total (In thousands) Oct. 31, 2020 Feb. 1, 2020 Oct. 31, 2020 Feb. 1, 2020 Oct. 31, 2020 Feb. 1, 2020 Oct. 31, 2020 Feb. 1, 2020 Gross other intangibles $ 25,035 $ 31,023 $ 6,535 $ 6,562 $ 760 $ 767 $ 32,330 $ 38,352 Accumulated amortization — — (1,906 ) (1,509 ) (760 ) (479 ) (2,666 ) (1,988 ) Net Other Intangibles $ 25,035 $ 31,023 $ 4,629 $ 5,053 $ — $ 288 $ 29,664 $ 36,364 (1) (2)

Asset Impairments and Other Cha

Asset Impairments and Other Charges	9 Months Ended
	Oct. 31, 2020
Asset Impairment Charges [Abstract]
Asset Impairments and Other Charges	Note 4 Asset Impairments and Other Charges 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. We recorded pretax charges of $6.4 million in the third quarter of Fiscal 2021 for retail store asset impairments. We recorded pretax charges of $16.0 million in the first nine months of Fiscal 2021, including $5.3 million for trademark impairment and $11.1 million for retail store asset impairments, partially offset by a $(0.4) million gain for the release of an earnout related to the Togast acquisition. We recorded a pretax charge of $0.8 million in the third quarter of Fiscal 2020 for retail store asset impairments. We recorded pretax charges of $1.8 million in the first nine months of Fiscal 2020 for retail store asset impairments.

Inventories

Inventories	9 Months Ended
	Oct. 31, 2020
Inventory Disclosure [Abstract]
Inventories	Note 5 Inventories (In thousands) October 31, 2020 February 1, 2020 Wholesale finished goods $ 38,550 $ 34,271 Retail merchandise 332,149 330,998 Total Inventories $ 370,699 $ 365,269

Fair Value

Fair Value	9 Months Ended
	Oct. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value	Note 6 Fair Value Fair Value of Financial Instruments The carrying amounts and fair values of our financial instruments at October 31, 2020 and February 1, 2020 are as follows: Fair Values (In thousands) October 31, 2020 February 1, 2020 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Revolver Borrowings $ 32,850 $ 33,143 $ 14,393 $ 14,056 UK Revolver Borrowings — — — — As of October 31, 2020, we have $51.0 million of long-lived assets held and used which were measured using Level 3 inputs within the fair value hierarchy.

Long-Term Debt

Long-Term Debt	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Long-Term Debt	Note 7 Long-Term Debt On October 9, 2020, Schuh entered into a facility letter (the "Facility Letter") with Lloyds Bank (“Lloyds”) under the U.K.'s Coronavirus Large Business Interruption Loan Scheme pursuant to which Lloyds would make available a revolving capital facility (the "RCF") of £19.0 On June 5, 2020, we entered into a Second Amendment (the “Second Amendment”) to our Fourth Amended and Restated Credit Agreement dated as of January 31, 2018 between us and the lenders party thereto and Bank of America, N.A. as agent (as amended, the “Credit Facility” or the “Credit Agreement”), to, among other things, increase the Total Commitments (as defined in the Credit Facility) for the revolving loans from $275.0 million to $332.5 million, establish a first-in, last-out (“FILO”) tranche of indebtedness of $17.5 million, for $350.0 million of total capacity, increase pricing on the revolving loans and modify certain covenant and reporting terms. The Credit Facility will continue to be secured by certain assets of the Company and certain subsidiaries of the Company, including accounts receivable, inventory, payment intangibles, and deposit accounts and specifically excludes equity interests, equipment, and most leasehold interests. The Second Amendment to our Credit Facility added a security interest in certain intellectual property. The Second Amendment also provides for the borrowing base expansion to include real estate as those assets are added as collateral. In addition, the Second Amendment adds customary real estate covenants to the Credit Facility. The current outstanding long-term debt balance of $32.9 million bears interest at an average rate of 4.31% and matures January 31, 2023 (In thousands) October 31, 2020 February 1, 2020 U.S. revolver borrowings $ 32,850 $ 14,393 U.K. revolver borrowings — — Total debt 32,850 14,393 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 32,850 $ 14,393 The revolver borrowings outstanding under the Credit Facility at October 31, 2020 include $14.4 million ( £11.1 C$1.3

Earnings Per Share

Earnings Per Share	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Share	Note 8 Earnings Per Share Weighted-average number of shares used to calculate earnings per share is as follows: Three Months Ended Nine Months Ended (Shares in thousands) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Weighted-average number of shares - basic 14,283 14,465 14,191 16,023 Common stock equivalents 79 64 - 113 Weighted-average number of shares - diluted 14,362 14,529 14,191 16,136 Due to the loss from continuing operations in the nine months ended October 31, 2020, share-based awards are excluded from the diluted earnings per share calculation for those periods because they would be antidilutive.

Legal Proceedings and Other Mat

Legal Proceedings and Other Matters	9 Months Ended
	Oct. 31, 2020
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings and Other Matters	Note 9 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 we 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 ours 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 us to perform certain ongoing monitoring, operation and maintenance activities and to reimburse EPA's future oversight cost, involving future costs to us 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 we are 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 us 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 we reached an agreement with the Village 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 us asserted in the Village Lawsuit in exchange for a lump-sum payment of $10.0 million by us. 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 our compliance with the Consent Judgment were covered by our existing provision for the site. The settlement with the Village did not have, and we expect that the Consent Judgment will not have, a material effect on our financial condition or results of operations. In April 2015, we received from 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 us 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, we entered into a settlement agreement with EPA resolving their claim for past response costs in exchange for a payment by us of $1.5 million which was paid in May 2017. Our environmental insurance carrier has reimbursed us for 75% of the settlement amount, subject to a $500,000 self-insured retention. We do not expect any additional cost related to the matter. Whitehall Environmental Matters We have performed sampling and analysis of soil, sediments, surface water, groundwater and waste management areas at our former Volunteer Leather Company facility in Whitehall, Michigan. In October 2010, we entered into a Consent Decree with the Michigan Department of Natural Resources and Environment 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 we expect, based on our present understanding of the condition of the site, that our 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 our financial condition or results of operations. Note 9 Legal Proceedings and Other Matters, Continued Accrual for Environmental Contingencies Related to all outstanding environmental contingencies, we had accrued $1.4 million as of October 31, 2020, $1.5 million as of February 1, 2020 and $1.7 million as of November 2, 2019. All such provisions reflect our 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 Consolidated Balance Sheets because it relates to former facilities operated by us. We have made pretax accruals for certain of these contingencies, including approximately $0.0 million and $0.1 million in the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $0.2 million and $0.5 million in the first nine months of Fiscal 2021 and Fiscal 2020, respectively. These charges are included in loss from discontinued operations, net in the Consolidated Statements of Operations and represent changes in estimates. Other Matters In the fourth quarter of Fiscal 2020, the IRS notified us on Letter 226-J, that we may be liable for an Employer Shared Responsibility Payment (“ESRP”) in the amount of $4.2 million for the year ended December 31, 2017. 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 our policy to offer MEC to all full-time employees and their dependents. Based on our analysis, we responded to the IRS on January 15, 2020 asserting that we did offer MEC to at least 95% of our full-time employees for each month of 2017 and noting that the discrepancy was caused by errors in the electronic files uploaded through the ACA information return system. After several communications with the IRS, we received notice from the IRS dated October 26, 2020 acknowledging our position and reducing our potential ESRP liability to less than $500. On July 22, 2020, Pontegadea UK Ltd. (the “Pontegadea”) filed a claim against Schuh Ltd. in the Queen’s Bench Division of the U.K. High Court of Justice regarding unpaid rent, service charges and insurance for certain premises located at 34-48 Oxford Street in London. Pontegadea initially sought to recover £845,500 £10,000 £406,100 In addition to the matters specifically described in this Note, we are a party to other legal and regulatory proceedings and claims arising in the ordinary course of our business or specifically related to the COVID-19 pandemic. While management does not believe that our liability with respect to any of these other matters is likely to have a material effect on our financial statements, legal proceedings are subject to inherent uncertainties and unfavorable rulings could have a material adverse impact on our financial statements.

Commitments

Commitments	9 Months Ended
	Oct. 31, 2020
Commitments And Contingencies Disclosure [Abstract]
Commitments	Note 10 Commitments As a result of the Togast acquisition, we also have a commitment to Samsung C&T America, Inc. (“Samsung”) related to the ultimate sale and valuation of related inventories owned by Samsung. If the product is sold below Samsung’s cost, we are committed to Samsung for the difference between the sales price and its cost. At October 31, 2020, the related inventory owned by Samsung had a historical cost of $25.5 million. As of October 31, 2020, we believe that the fair value of the Samsung inventory is greater than Samsung’s historical cost.

Business Segment Information

Business Segment Information	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Business Segment Information	Note 11 Business Segment Information Three Months Ended October 31, 2020 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 317,682 $ 90,021 $ 39,655 $ 32,586 $ — $ 479,944 Intercompany sales — — — (664 ) — (664 ) Net sales to external customers $ 317,682 $ 90,021 $ 39,655 $ 31,922 $ — $ 479,280 Segment operating income (loss) $ 24,035 $ 6,766 $ (11,137 ) $ 792 $ (5,913 ) $ 14,543 Asset impairments and other (1) — — — — 6,359 6,359 Operating income (loss) 24,035 6,766 (11,137 ) 792 (12,272 ) 8,184 Other components of net periodic benefit income — — — — (182 ) (182 ) Interest expense — — — — 1,415 1,415 Interest income — — — — (11 ) (11 ) Earnings (loss) from continuing operations before income taxes $ 24,035 $ 6,766 $ (11,137 ) $ 792 $ (13,494 ) $ 6,962 Total assets (2) $ 838,730 $ 241,332 $ 185,580 $ 57,487 $ 213,371 $ 1,536,500 Depreciation and amortization 7,238 2,120 1,381 243 361 11,343 Capital expenditures 5,801 574 788 123 229 7,515 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Three Months Ended November 2, 2019 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated 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 income — — — — (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) (2) Nine Months Ended October 31, 2020 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 763,238 $ 208,918 $ 102,601 $ 76,381 $ — $ 1,151,138 Intercompany sales — — — (1,409 ) — (1,409 ) Net sales to external customers $ 763,238 $ 208,918 $ 102,601 $ 74,972 $ — $ 1,149,729 Segment operating loss $ (2,888 ) $ (15,158 ) $ (38,964 ) $ (2,931 ) $ (14,675 ) $ (74,616 ) Goodwill impairment (1) - - - - 79,259 79,259 Asset impairments and other (2) — — — — 15,953 15,953 Operating loss (2,888 ) (15,158 ) (38,964 ) (2,931 ) (109,887 ) (169,828 ) Other components of net periodic benefit income — — — — (488 ) (488 ) Interest expense — — — — 4,429 4,429 Interest income — — — — (251 ) (251 ) Earnings (loss) from continuing operations before income taxes $ (2,888 ) $ (15,158 ) $ (38,964 ) $ (2,931 ) $ (113,577 ) $ (173,518 ) Depreciation and amortization 21,962 7,077 4,309 1,066 1,139 35,553 Capital expenditures 11,653 2,412 3,356 198 538 18,157 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Nine Months Ended November 2, 2019 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated 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 income — — — — (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)

Discontinued Operations

Discontinued Operations	9 Months Ended
	Oct. 31, 2020
Discontinued Operations And Disposal Groups [Abstract]
Discontinued Operations	Note 12 Discontinued Operations As part of the Lids Sports Group sales transaction on February 2, 2019, the purchaser has agreed to indemnify and hold us harmless in connection with continuing obligations and any guarantees of ours 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, we are contingently liable in the event of a breach by the purchaser of any such obligation to a third-party. In addition, we are a guarantor for 23 Lids Sports Group leases with lease expirations through November of 2025 and estimated maximum future payments totaling $16.0 million as of October 31, 2020. We do not believe the fair value of the guarantees is material to our Condensed Consolidated Financial Statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 31, 2020
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, including normal recurring adjustments, necessary for a fair presentation of the results for the interim periods of the fiscal year ending January 30, 2021 ("Fiscal 2021") and of the fiscal year ended February 1, 2020 ("Fiscal 2020"). All subsidiaries are consolidated in the Condensed Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated. 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 1, 2020 has been derived from the audited financial statements at that date. These Condensed Consolidated Financial Statements should be read in conjunction with our Consolidated Financial Statements and notes for Fiscal 2020, which are contained in our Annual Report on Form 10-K as filed with the SEC on April 1, 2020.
Nature of Operations	Nature of Operations Genesco Inc. and its subsidiaries (collectively the "Company", "we", "our", or "us") 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 (“ROI”); through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com and littleburgundyshoes.com and at wholesale, primarily under our Johnston & Murphy brand, the licensed Dockers brand, the licensed Levi's brand, the licensed Bass brand and other brands that we license for footwear. At October 31, 2020, we operated 1,476 retail stores in the U.S., Puerto Rico, Canada, the United Kingdom and the ROI. During the three and nine months ended October 31, 2020 and November 2, 2019, we operated four reportable business segments (not including corporate): (i) Journeys Group, comprised of the Journeys, Journeys Kidz and Little Burgundy retail footwear chains and e-commerce 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 and wholesale distribution of products under the Johnston & Murphy ® ® ® ®
Cash and Cash Equivalents	Cash and Cash Equivalents There were $50.0 million, $59.6 million and $32.8 million in cash equivalents at October 31, 2020, February 1, 2020 and November 2, 2019, respectively. Our foreign subsidiaries held cash of approximately $13.8 million, $8.9 million and $6.1 million as of October 31, 2020, February 1, 2020 and November 2, 2019, respectively, which is included in cash and cash equivalents on the Condensed Consolidated Balance Sheets. At October 31, 2020, February 1, 2020 and November 2, 2019, outstanding checks drawn on zero-balance accounts at certain domestic banks exceeded book cash balances at those banks by approximately $1.1 million, $17.1 million and $15.4 million, respectively. These amounts are included in accounts payable in the Condensed Consolidated Balance Sheets.
Concentration of Credit Risk and Allowances on Accounts Receivable	Concentration of Credit Risk and Allowances on Accounts Receivable Our 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 10%, two customers each accounted for 9% and no other customer accounted for more than 5% of our total trade receivables balance as of October 31, 2020.
Selling and Administrative Expenses	Selling and Administrative Expenses Wholesale costs of distribution are included in selling and administrative expenses on the Condensed Consolidated Statements of Operations in the amount of $3.1 million and $1.3 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $7.7 million and $4.0 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively. Retail occupancy costs recorded in selling and administrative expense were $68.6 million and $82.7 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $217.4 million and $251.8 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively.
Advertising Costs	Advertising Costs Advertising costs were $19.4 million and $18.3 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $48.0 million and $48.5 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively.
Vendor Allowances	Vendor Allowances Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $0.8 million and $1.7 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and $3.5 million and $5.9 million for the first nine months of Fiscal 2021 and Fiscal 2020, respectively. During the first nine months of Fiscal 2021 and Fiscal 2020, our cooperative advertising reimbursements received were not in excess of the costs incurred.
Foreign Currency Translation	Foreign Currency Translation The functional currency of our 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 net income of $0.2 million and a net loss of $0.2 million for the third quarters of Fiscal 2021 and Fiscal 2020, respectively, and net income of $0.7 million for the first nine months of Fiscal 2021 and a net loss of $0.3 million for the first nine months of Fiscal 2020.
New Accounting Pronouncements	New Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2018-13 guidance related to the disclosure requirements for fair value measurement. This guidance added, modified and removed certain disclosure requirements related to assets and liabilities recorded at fair value. This guidance is effective for public business entities for fiscal years and interim periods within those years, beginning after December 15, 2019, and early adoption is permitted. We adopted this guidance in the first quarter of Fiscal 2021 and it had no impact to our results of operations, financial position or cash flows. In June 2016, the FASB issued ASU No. 2016-13, " "

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Oct. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Summary of Changes in 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 Licensed Brands Group Total Goodwill Balance, February 1, 2020 $ 84,069 $ 9,730 $ 28,385 $ 122,184 Change in opening balance sheet — — 77 77 Impairment (79,259 ) — — (79,259 ) Effect of foreign currency exchange rates (4,810 ) (63 ) — (4,873 ) Balance, October 31, 2020 $ — $ 9,667 $ 28,462 $ 38,129
Summary of Other Intangible Assets	Other intangibles by major classes were as follows: Trademarks Customer Lists (1) Other (2) Total (In thousands) Oct. 31, 2020 Feb. 1, 2020 Oct. 31, 2020 Feb. 1, 2020 Oct. 31, 2020 Feb. 1, 2020 Oct. 31, 2020 Feb. 1, 2020 Gross other intangibles $ 25,035 $ 31,023 $ 6,535 $ 6,562 $ 760 $ 767 $ 32,330 $ 38,352 Accumulated amortization — — (1,906 ) (1,509 ) (760 ) (479 ) (2,666 ) (1,988 ) Net Other Intangibles $ 25,035 $ 31,023 $ 4,629 $ 5,053 $ — $ 288 $ 29,664 $ 36,364 (1) (2)

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Oct. 31, 2020
Inventory Disclosure [Abstract]
Schedule of Inventories	(In thousands) October 31, 2020 February 1, 2020 Wholesale finished goods $ 38,550 $ 34,271 Retail merchandise 332,149 330,998 Total Inventories $ 370,699 $ 365,269

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Oct. 31, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Instruments	The carrying amounts and fair values of our financial instruments at October 31, 2020 and February 1, 2020 are as follows: Fair Values (In thousands) October 31, 2020 February 1, 2020 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Revolver Borrowings $ 32,850 $ 33,143 $ 14,393 $ 14,056 UK Revolver Borrowings — — — —

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Oct. 31, 2020
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	(In thousands) October 31, 2020 February 1, 2020 U.S. revolver borrowings $ 32,850 $ 14,393 U.K. revolver borrowings — — Total debt 32,850 14,393 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 32,850 $ 14,393

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Oct. 31, 2020
Earnings Per Share [Abstract]
Summary of Weighted-Average Number of Shares	Weighted-average number of shares used to calculate earnings per share is as follows: Three Months Ended Nine Months Ended (Shares in thousands) October 31, 2020 November 2, 2019 October 31, 2020 November 2, 2019 Weighted-average number of shares - basic 14,283 14,465 14,191 16,023 Common stock equivalents 79 64 - 113 Weighted-average number of shares - diluted 14,362 14,529 14,191 16,136

Business Segment Information (T

Business Segment Information (Tables)	9 Months Ended
	Oct. 31, 2020
Segment Reporting [Abstract]
Schedule of Business Segment Information	Three Months Ended October 31, 2020 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 317,682 $ 90,021 $ 39,655 $ 32,586 $ — $ 479,944 Intercompany sales — — — (664 ) — (664 ) Net sales to external customers $ 317,682 $ 90,021 $ 39,655 $ 31,922 $ — $ 479,280 Segment operating income (loss) $ 24,035 $ 6,766 $ (11,137 ) $ 792 $ (5,913 ) $ 14,543 Asset impairments and other (1) — — — — 6,359 6,359 Operating income (loss) 24,035 6,766 (11,137 ) 792 (12,272 ) 8,184 Other components of net periodic benefit income — — — — (182 ) (182 ) Interest expense — — — — 1,415 1,415 Interest income — — — — (11 ) (11 ) Earnings (loss) from continuing operations before income taxes $ 24,035 $ 6,766 $ (11,137 ) $ 792 $ (13,494 ) $ 6,962 Total assets (2) $ 838,730 $ 241,332 $ 185,580 $ 57,487 $ 213,371 $ 1,536,500 Depreciation and amortization 7,238 2,120 1,381 243 361 11,343 Capital expenditures 5,801 574 788 123 229 7,515 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Three Months Ended November 2, 2019 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated 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 income — — — — (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) (2) Nine Months Ended October 31, 2020 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 763,238 $ 208,918 $ 102,601 $ 76,381 $ — $ 1,151,138 Intercompany sales — — — (1,409 ) — (1,409 ) Net sales to external customers $ 763,238 $ 208,918 $ 102,601 $ 74,972 $ — $ 1,149,729 Segment operating loss $ (2,888 ) $ (15,158 ) $ (38,964 ) $ (2,931 ) $ (14,675 ) $ (74,616 ) Goodwill impairment (1) - - - - 79,259 79,259 Asset impairments and other (2) — — — — 15,953 15,953 Operating loss (2,888 ) (15,158 ) (38,964 ) (2,931 ) (109,887 ) (169,828 ) Other components of net periodic benefit income — — — — (488 ) (488 ) Interest expense — — — — 4,429 4,429 Interest income — — — — (251 ) (251 ) Earnings (loss) from continuing operations before income taxes $ (2,888 ) $ (15,158 ) $ (38,964 ) $ (2,931 ) $ (113,577 ) $ (173,518 ) Depreciation and amortization 21,962 7,077 4,309 1,066 1,139 35,553 Capital expenditures 11,653 2,412 3,356 198 538 18,157 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Nine Months Ended November 2, 2019 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated 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 income — — — — (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)

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020USD ($)storesegment	Nov. 02, 2019USD ($)segment	Oct. 31, 2020USD ($)storesegment	Nov. 02, 2019USD ($)segment	Feb. 01, 2020USD ($)
Summary of Accounting Policies [Line Items]
Number of retail stores operated by company | store	1,476		1,476
Number of reportable business segments | segment	4	4	4	4
Cash equivalents	$ 50,000	$ 32,800	$ 50,000	$ 32,800	$ 59,600
Cash and cash equivalents	115,061	55,826	115,061	55,826	81,418
Excess of outstanding checks drawn on zero balance accounts at domestic banks exceeding book cash balance	1,100	15,400	1,100	15,400	17,100
Selling and administrative expenses	210,961	237,460	587,264	705,811
Advertising costs	19,400	18,300	48,000	48,500
Vendor reimbursements of cooperative advertising costs	800	1,700	3,500	5,900
Net gain (loss) from foreign currency transactions	$ 200	(200)	$ 700	(300)
ASU 2018-13
Summary of Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true		true
Change in Accounting Principle, Accounting Standards Update, Adoption Date	Feb. 2, 2020		Feb. 2, 2020
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]	true		true
ASU 2016-13
Summary of Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true		true
Change in Accounting Principle, Accounting Standards Update, Adoption Date	Feb. 2, 2020		Feb. 2, 2020
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]	true		true
Wholesale Costs of Distribution
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	$ 3,100	1,300	$ 7,700	4,000
Retail Occupancy Costs
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	68,600	82,700	$ 217,400	251,800
Major Customer One | Customer Concentration Risk | Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage			21.00%
Major Customer Two | Customer Concentration Risk | Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage			10.00%
Major Customer Three | Customer Concentration Risk | Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage			9.00%
Other Major Customers | Customer Concentration Risk | Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Concentration risk percentage			5.00%
Foreign Subsidiaries
Summary of Accounting Policies [Line Items]
Cash and cash equivalents	$ 13,800	$ 6,100	$ 13,800	$ 6,100	$ 8,900

COVID-19 - Additional Informati

COVID-19 - Additional Information (Details) - USD ($)	3 Months Ended				9 Months Ended
	Oct. 31, 2020	Aug. 01, 2020	May 02, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Unusual Or Infrequent Item [Line Items]
Asset impairment charge					$ 11,141,000	$ 1,569,000
Goodwill impairment charge	$ 0			$ 0	79,259,000	$ 0
Schuh Group
Unusual Or Infrequent Item [Line Items]
Goodwill impairment, excess fair value over its carrying value							$ 8,200,000
Goodwill impairment charge			$ 79,300,000		79,259,000
COVID-19
Unusual Or Infrequent Item [Line Items]
Asset impairment charge	6,400,000	$ 1,700,000	3,000,000
Impairment charge	0	0
Reduction in qualified payroll tax credits	1,800,000	3,800,000	7,000,000
Deferred tax assets	12,800,000	12,400,000	14,600,000		12,800,000
COVID-19 | Foreign Jurisdictions
Unusual Or Infrequent Item [Line Items]
Valuation allowance adjustments			2,000,000
Deferred tax assets	900,000	1,000,000	900,000		$ 900,000
COVID-19 | U.K.
Unusual Or Infrequent Item [Line Items]
Property tax relief	$ 3,900,000	$ 3,900,000	1,600,000
COVID-19 | Schuh Group
Unusual Or Infrequent Item [Line Items]
Goodwill impairment charge			79,300,000
COVID-19 | Trademark
Unusual Or Infrequent Item [Line Items]
Impairment charge			$ 5,300,000

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Segment (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 31, 2020	May 02, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Goodwill [Roll Forward]
Goodwill, beginning balance		$ 122,184		$ 122,184
Change in opening balance sheet				77
Impairment	$ 0		$ 0	(79,259)	$ 0
Effect of foreign currency exchange rates				(4,873)
Goodwill, ending balance	38,129		92,166	38,129	92,166
Schuh Group
Goodwill [Roll Forward]
Goodwill, beginning balance		84,069		84,069
Change in opening balance sheet				0
Impairment		(79,300)		(79,259)
Effect of foreign currency exchange rates				(4,810)	(900)
Goodwill, ending balance	0		82,400	0	82,400
Journeys Group
Goodwill [Roll Forward]
Goodwill, beginning balance		9,730		9,730
Change in opening balance sheet				0
Impairment				0
Effect of foreign currency exchange rates				(63)
Goodwill, ending balance	9,667		$ 9,800	9,667	$ 9,800
Licensed Brands Group
Goodwill [Roll Forward]
Goodwill, beginning balance		$ 28,385		28,385
Change in opening balance sheet				77
Impairment				0
Effect of foreign currency exchange rates				0
Goodwill, ending balance	$ 28,462			$ 28,462

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 31, 2020	May 02, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill impairment charge	$ 0		$ 0	$ 79,259	$ 0
Period of cash flows with terminal value				5 years
Percentage of discount rate based on weighted average cost of capital used to estimate fair values of reporting units				15.00%
Percentage of royalty rate used to estimate fair values of reporting units				1.00%
Schuh Group
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill impairment, excess fair value over its carrying value						$ 8,200
Percentage of estimated impairment		50.00%
Goodwill impairment charge		$ 79,300		$ 79,259
Percentage of estimated fair value of reporting unit using discounted cash flow method	50.00%			50.00%
Percentage of estimated fair value of reporting unit using guideline public company method	50.00%			50.00%
Period of cash flows with terminal value				7 years
Percentage of discount rate based on weighted average cost of capital used to estimate fair values of reporting units				16.00%
Journeys Group and Johnston & Murphy Group
Acquired Finite-Lived Intangible Assets [Line Items]
Trademark impairment		$ 5,300

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Summary of Other Intangibles Assets (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Other intangibles by major classes
Gross other intangibles	$ 32,330	$ 38,352
Accumulated amortization	(2,666)	(1,988)
Net Other Intangibles	29,664	36,364	$ 30,637
Trademarks
Other intangibles by major classes
Gross other intangibles	25,035	31,023
Accumulated amortization	0	0
Net Other Intangibles	25,035	31,023
Customer Lists
Other intangibles by major classes
Gross other intangibles	6,535	6,562
Accumulated amortization	(1,906)	(1,509)
Net Other Intangibles	4,629	5,053
Other
Other intangibles by major classes
Gross other intangibles	760	767
Accumulated amortization	(760)	(479)
Net Other Intangibles	$ 0	$ 288

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Summary of Other Intangibles Assets (Parenthetical) (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	$ 32,330	$ 38,352
Customer Lists
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	6,535	6,562
Customer Lists | Togast
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	$ 5,100	$ 5,100

Asset Impairments and Other C_2

Asset Impairments and Other Charges - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 6,359	$ 799	$ 15,953	$ 1,843
Trademarks
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net			5,300
Togast Acquisition
Restructuring Cost And Reserve [Line Items]
Gain for the release of an earn-out related to the acquisition			(400)
Retail Store Asset Impairments
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 6,400	$ 800	$ 11,100	$ 1,800

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Inventories
Wholesale finished goods	$ 38,550	$ 34,271
Retail merchandise	332,149	330,998
Total Inventories	$ 370,699	$ 365,269	$ 473,940

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 32,850	$ 14,393
Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	32,900
U.S. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	32,850	14,393
U.S. Revolver Borrowings | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	32,850	14,393
Fair Value	33,143	14,056
UK Revolver Borrowings | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	0	0
Fair Value	$ 0	$ 0

Fair Value - Additional Informa

Fair Value - Additional Information (Details) $ in Millions	Oct. 31, 2020USD ($)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held and used	$ 51

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) $ in Millions	Oct. 09, 2020GBP (£)	Jun. 05, 2020USD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2020GBP (£)	Oct. 31, 2020CAD ($)	Feb. 01, 2020USD ($)	Jan. 31, 2018USD ($)
Debt Instrument [Line Items]
Carrying Amount			$ 32,850,000			$ 14,393,000
Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal amount of credit facility		$ 332,500,000					$ 275,000,000
First-in, last-out (FILO) tranche of indebtedness		17,500,000
Aggregate principal amount of credit facility including FILO tranche of indebtedness		$ 350,000,000
Carrying Amount			$ 32,900,000
Bearing interest rate			4.31%	4.31%	4.31%
Credit facility, maturity date		Jan. 31, 2023
Revolving Credit Facility | Genesco (U.K.) Limited
Debt Instrument [Line Items]
Carrying Amount			$ 14,400,000	£ 11,100,000
Revolving Credit Facility | GCO Canada Inc
Debt Instrument [Line Items]
Carrying Amount			1,000,000		$ 1.3
Letter of Credit | Line of Credit
Debt Instrument [Line Items]
Carrying Amount			$ 9,700,000
Facility Letter | Revolving Capital Facility
Debt Instrument [Line Items]
Credit facility expiration date	2023-10
Facility Letter | Revolving Capital Facility | Schuh
Debt Instrument [Line Items]
Aggregate principal amount of credit facility | £	£ 19,000,000
Facility Letter | Revolving Capital Facility | Schuh | Base Rate
Debt Instrument [Line Items]
Stated interest rate	2.50%

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Oct. 31, 2020	Feb. 01, 2020	Nov. 02, 2019
Debt Instrument [Line Items]
Total debt	$ 32,850	$ 14,393
Current portion			$ (17,146)
Total Noncurrent Portion of Long-Term Debt	32,850	14,393	$ 62,368
U.S. Revolver Borrowings
Debt Instrument [Line Items]
Total debt	$ 32,850	$ 14,393

Earnings Per Share - Summary of

Earnings Per Share - Summary of Weighted-Average Number of Shares (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019
Earnings Per Share [Abstract]
Weighted-average number of shares - basic	14,283	14,465	14,191	16,023
Common stock equivalents	79	64		113
Weighted-average number of shares - diluted	14,362	14,529	14,191	16,136

Legal Proceedings and Other M_2

Legal Proceedings and Other Matters - Additional Information (Details)	Jul. 22, 2020GBP (£)	Feb. 28, 2017USD ($)	Jun. 30, 2016USD ($)	Oct. 31, 2020USD ($)Well	Nov. 02, 2019USD ($)	Oct. 31, 2020USD ($)Well	Nov. 02, 2019USD ($)	Dec. 31, 2017USD ($)	Feb. 01, 2020USD ($)	Apr. 30, 2015USD ($)
Loss Contingencies [Line Items]
Number of water supply wells | Well				2		2
Amount related to outstanding environmental contingencies				$ 1,400,000	$ 1,700,000	$ 1,400,000	$ 1,700,000		$ 1,500,000
Pretax accrual charges for environmental contingencies included in loss from discontinued operations				0	$ 100,000	200,000	$ 500,000
Schuh Limited
Loss Contingencies [Line Items]
Unpaid rent, service charges and insurance sought to recover | £	£ 845,500
Court fees and interest | £	10,000
Remaining claim in dispute | £	£ 406,100
Internal Revenue Service (IRS)
Loss Contingencies [Line Items]
Estimated possible loss								$ 4,200,000
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
Minimum
Loss Contingencies [Line Items]
Historical cost associated with enhanced treatment required by the impact of groundwater plume						1,800,000
Maximum
Loss Contingencies [Line Items]
Historical cost associated with enhanced treatment required by the impact of groundwater plume						2,500,000
Maximum | Internal Revenue Service (IRS)
Loss Contingencies [Line Items]
Income tax examination settlement, liability				500		500
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

Commitments - Additional Inform

Commitments - Additional Information (Details) $ in Millions	Oct. 31, 2020USD ($)
Samsung
Loss Contingencies [Line Items]
Historical cost of inventory	$ 25.5

Business Segment Information -

Business Segment Information - Schedule of Business Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 31, 2020	May 02, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Segment Reporting Information [Line Items]
Net sales	$ 479,280		$ 537,263	$ 1,149,729	$ 1,519,487
Segment operating income (loss)	14,543		26,742	(74,616)	39,832
Goodwill impairment	0		0	79,259	0
Asset impairments and other	6,359		799	15,953	1,843
Operating income (loss)	8,184		25,943	(169,828)	37,989
Other components of net periodic benefit income	(182)		(92)	(488)	(271)
Interest expense	1,415		808	4,429	2,491
Interest income	(11)		(206)	(251)	(1,708)
Earnings (loss) from continuing operations before income taxes	6,962		25,433	(173,518)	37,477
Total assets	1,536,500		1,785,492	1,536,500	1,785,492	$ 1,680,478
Depreciation and amortization	11,343		12,180	35,553	37,298
Capital expenditures	7,515		8,137	18,157	21,388
Journeys Group
Segment Reporting Information [Line Items]
Net sales	317,682		354,920	763,238	994,067
Goodwill impairment				0
Schuh Group
Segment Reporting Information [Line Items]
Net sales	90,021		92,899	208,918	262,219
Goodwill impairment		$ 79,300		79,259
Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	39,655		72,703	102,601	214,704
Licensed Brands
Segment Reporting Information [Line Items]
Net sales	31,922		16,726	74,972	48,392
Goodwill impairment				0
Operating Segments
Segment Reporting Information [Line Items]
Net sales	479,944		537,263	1,151,138	1,519,487
Operating Segments | Journeys Group
Segment Reporting Information [Line Items]
Net sales	317,682		354,920	763,238	994,067
Segment operating income (loss)	24,035		28,955	(2,888)	59,260
Goodwill impairment				0
Asset impairments and other	0		0	0	0
Operating income (loss)	24,035		28,955	(2,888)	59,260
Other components of net periodic benefit income	0		0	0	0
Interest expense	0		0	0	0
Interest income	0		0	0	0
Earnings (loss) from continuing operations before income taxes	24,035		28,955	(2,888)	59,260
Total assets	838,730		1,020,894	838,730	1,020,894
Depreciation and amortization	7,238		7,231	21,962	21,714
Capital expenditures	5,801		4,886	11,653	12,983
Operating Segments | Schuh Group
Segment Reporting Information [Line Items]
Net sales	90,021		92,899	208,918	262,219
Segment operating income (loss)	6,766		4,369	(15,158)	(1,020)
Goodwill impairment				0
Asset impairments and other	0		0	0	0
Operating income (loss)	6,766		4,369	(15,158)	(1,020)
Other components of net periodic benefit income	0		0	0	0
Interest expense	0		0	0	0
Interest income	0		0	0	0
Earnings (loss) from continuing operations before income taxes	6,766		4,369	(15,158)	(1,020)
Total assets	241,332		378,014	241,332	378,014
Depreciation and amortization	2,120		2,749	7,077	8,745
Capital expenditures	574		982	2,412	3,749
Operating Segments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	39,655		72,703	102,601	214,704
Segment operating income (loss)	(11,137)		3,715	(38,964)	10,339
Goodwill impairment				0
Asset impairments and other	0		0	0	0
Operating income (loss)	(11,137)		3,715	(38,964)	10,339
Other components of net periodic benefit income	0		0	0	0
Interest expense	0		0	0	0
Interest income	0		0	0	0
Earnings (loss) from continuing operations before income taxes	(11,137)		3,715	(38,964)	10,339
Total assets	185,580		211,459	185,580	211,459
Depreciation and amortization	1,381		1,484	4,309	4,608
Capital expenditures	788		2,133	3,356	3,953
Operating Segments | Licensed Brands
Segment Reporting Information [Line Items]
Net sales	32,586		16,726	76,381	48,392
Segment operating income (loss)	792		(27)	(2,931)	151
Goodwill impairment				0
Asset impairments and other	0		0	0	0
Operating income (loss)	792		(27)	(2,931)	151
Other components of net periodic benefit income	0		0	0	0
Interest expense	0		0	0	0
Interest income	0		0	0	0
Earnings (loss) from continuing operations before income taxes	792		(27)	(2,931)	151
Total assets	57,487		21,971	57,487	21,971
Depreciation and amortization	243		118	1,066	383
Capital expenditures	123		78	198	328
Corporate & Other
Segment Reporting Information [Line Items]
Net sales	0		15	0	105
Segment operating income (loss)	(5,913)		(10,270)	(14,675)	(28,898)
Goodwill impairment				79,259
Asset impairments and other	6,359		799	15,953	1,843
Operating income (loss)	(12,272)		(11,069)	(109,887)	(30,741)
Other components of net periodic benefit income	(182)		(92)	(488)	(271)
Interest expense	1,415		808	4,429	2,491
Interest income	(11)		(206)	(251)	(1,708)
Earnings (loss) from continuing operations before income taxes	(13,494)		(11,579)	(113,577)	(31,253)
Total assets	213,371		153,154	213,371	153,154
Depreciation and amortization	361		598	1,139	1,848
Capital expenditures	229		58	538	375
Intercompany sales
Segment Reporting Information [Line Items]
Net sales	(664)		0	(1,409)	0
Intercompany sales | Journeys Group
Segment Reporting Information [Line Items]
Net sales	0		0	0	0
Intercompany sales | Schuh Group
Segment Reporting Information [Line Items]
Net sales	0		0	0	0
Intercompany sales | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	0		0	0	0
Intercompany sales | Licensed Brands
Segment Reporting Information [Line Items]
Net sales	$ (664)		$ 0	$ (1,409)	$ 0

Business Segment Information _2

Business Segment Information - Schedule of Business Segment Information (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 31, 2020	May 02, 2020	Nov. 02, 2019	Oct. 31, 2020	Nov. 02, 2019	Feb. 01, 2020
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 6,359		$ 799	$ 15,953	$ 1,843
Long-lived assets	850,900		1,010,000	850,900	1,010,000
Goodwill	38,129		92,166	38,129	92,166	$ 122,184
Goodwill, increase (decrease) due to foreign currency translation adjustments				(4,873)
Goodwill impairment	0		0	79,259	0
Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net				5,300
United Kingdom
Segment Reporting Information [Line Items]
Long-lived assets	139,400		175,100	139,400	175,100
Canada
Segment Reporting Information [Line Items]
Long-lived assets	37,100		50,400	37,100	50,400
Johnston & Murphy Group | Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net				400
Schuh Group
Segment Reporting Information [Line Items]
Goodwill	0		82,400	0	82,400	84,069
Goodwill, increase (decrease) due to foreign currency translation adjustments				(4,810)	(900)
Goodwill impairment		$ 79,300		79,259
Journeys Group
Segment Reporting Information [Line Items]
Goodwill	9,667		9,800	9,667	9,800	$ 9,730
Goodwill, increase (decrease) due to foreign currency translation adjustments				(63)
Goodwill impairment				0
Journeys Group | Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net				4,900
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net	6,400		800	11,100	1,800
Retail Store Asset Impairments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	4,600		500	5,800	500
Retail Store Asset Impairments | Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	1,000		$ 300	2,500	1,200
Retail Store Asset Impairments | Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 800			$ 2,800	$ 100

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Details) - Lids Sports Group - Discontinued Operations, Disposed of by Sale $ in Millions	9 Months Ended
	Oct. 31, 2020USD ($)store
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of leases for which the company is a guarantor | store	23
Estimated maximum future payments | $	$ 16