Genesco (GCO) 10-Q 10 Jun 21 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	May 01, 2021	May 28, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	May 1, 2021
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		14,955,924
Entity Central Index Key	0000018498
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--01-30

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Current Assets:
Cash and cash equivalents	$ 258,044	$ 215,091	$ 238,574
Accounts receivable, net of allowances of $4,474 at May 1, 2021, $5,015 at January 30, 2021 and $5,090 at May 2, 2020	45,891	31,410	55,259
Inventories	301,017	290,966	391,803
Prepaids and other current assets	117,467	130,128	49,372
Total current assets	722,419	667,595	735,008
Property and equipment, net	208,759	207,842	227,058
Operating lease right of use assets	639,575	621,727	692,489
Goodwill	38,944	38,550	37,497
Other intangibles	31,112	30,929	29,082
Deferred income taxes			14,568
Other noncurrent assets	21,558	20,725	19,366
Total Assets	1,662,367	1,587,368	1,755,068
Current Liabilities:
Accounts payable	164,975	150,437	175,232
Current portion – long-term debt	0	0	23,741
Current portion - operating lease liabilities	158,295	173,505	164,723
Other accrued liabilities	112,648	78,991	66,328
Total current liabilities	435,918	402,933	430,024
Long-term debt	44,169	32,986	198,939
Long-term operating lease liabilities	555,204	527,549	615,400
Other long-term liabilities	48,068	57,141	34,883
Total liabilities	1,083,359	1,020,609	1,279,246
Commitments and contingent liabilities
Equity
Non-redeemable preferred stock	828	1,009	1,009
Common equity:
Common stock, $1 par value: Authorized; 80,000,000 shares Issued common stock	15,444	15,438	15,171
Additional paid-in capital	284,396	282,308	276,307
Retained earnings	329,798	320,920	243,795
Accumulated other comprehensive loss	(33,601)	(35,059)	(42,603)
Treasury shares, at cost (488,464 shares)	(17,857)	(17,857)	(17,857)
Total equity	579,008	566,759	475,822
Total Liabilities and Equity	$ 1,662,367	$ 1,587,368	$ 1,755,068

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Current Assets:
Allowances on accounts receivable	$ 4,474	$ 5,015	$ 5,090
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
	May 01, 2021	May 02, 2020
Income Statement [Abstract]
Net sales	$ 538,695	$ 279,232
Cost of sales	281,033	159,088
Gross margin	257,662	120,144
Selling and administrative expenses	239,465	189,042
Goodwill impairment	0	79,259
Asset impairments and other, net	2,670	7,861
Operating income (loss)	15,527	(156,018)
Other components net periodic benefit income	(39)	(124)
Interest expense (net of interest income of $0.1 million and $0.2 million for the three months ended May 1, 2021 and May 2, 2020, respectively)	729	856
Earnings (loss) from continuing operations before income taxes	14,837	(156,750)
Income tax expense (benefit)	5,943	(22,126)
Earnings (loss) from continuing operations	8,894	(134,624)
Loss from discontinued operations, net of tax	(16)	(153)
Net Earnings (Loss)	$ 8,878	$ (134,777)
Basic earnings (loss) per common share:
Continuing operations	$ 0.62	$ (9.54)
Discontinued operations	0	(0.01)
Net earnings (loss)	0.62	(9.55)
Diluted earnings (loss) per common share:
Continuing operations	0.60	(9.54)
Discontinued operations	0	(0.01)
Net earnings (loss)	$ 0.60	$ (9.55)
Weighted average shares outstanding:
Basic	14,287	14,110
Diluted	14,702	14,110

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Income Statement [Abstract]
Interest income	$ 140	$ 193

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net earnings (loss)	$ 8,878	$ (134,777)
Other comprehensive income (loss):
Postretirement liability adjustments, net of tax	(44)	(120)
Foreign currency translation adjustments	1,502	(10,815)
Total other comprehensive income (loss)	1,458	(10,935)
Comprehensive Income (Loss)	$ 10,336	$ (145,712)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings (loss)	$ 8,878	$ (134,777)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	10,889	12,423
Deferred income taxes	(10,054)	4,905
Impairment of intangible assets	0	84,519
Impairment of long-lived assets	414	3,042
Restricted stock expense	1,912	2,191
Other	149	2,792
Changes in working capital and other assets and liabilities, net of acquisitions/dispositions:
Accounts receivable	(14,186)	(28,775)
Inventories	(9,031)	(30,708)
Prepaids and other current assets	12,719	(17,619)
Accounts payable	14,784	58,061
Other accrued liabilities	33,832	(15,949)
Other assets and liabilities	(6,120)	32,110
Net cash provided by (used in) operating activities	44,186	(27,785)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(12,102)	(6,742)
Proceeds from asset sales	0	100
Net cash used in investing activities	(12,102)	(6,642)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving credit facility	15,736	214,571
Payments on revolving credit facility	(4,678)	(6,239)
Change in overdraft balances	(533)	(17,078)
Other	(35)	(48)
Net cash provided by financing activities	10,490	191,206
Effect of foreign exchange rate fluctuations on cash	379	377
Net Increase in Cash and Cash Equivalents	42,953	157,156
Cash and cash equivalents at beginning of period	215,091	81,418
Cash and cash equivalents at end of period	258,044	238,574
Supplemental information:
Interest paid	538	535
Income taxes paid, net of refunds	127	508
Cash paid for amounts included in measurement of operating lease liabilities	45,532	13,040
Operating leased assets obtained in exchange for new operating lease liabilities	$ 54,247	$ 8,349

Condensed Consolidated Statem_5

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
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 income (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 Jan. 30, 2021	566,759	1,009	15,438	282,308	320,920	(35,059)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	8,878				8,878
Other comprehensive income (loss)	1,458					1,458
Employee and non-employee share-based compensation	1,912			1,912
Other	1	(181)	6	176
Ending balance at May. 01, 2021	$ 579,008	$ 828	$ 15,444	$ 284,396	$ 329,798	$ (33,601)	$ (17,857)

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	May 01, 2021
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 29, 2022 ("Fiscal 2022") and of the fiscal year ended January 30, 2021 ("Fiscal 2021"). 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. The Condensed Consolidated Financial Statements and the related Notes have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by U.S. Generally Accepted Accounting Principles (“GAAP”) for complete financial statements. 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 ® ® ® ® ® ® ® ® During the three months ended May 1, 2021 and May 2, 2020, 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 brand; and (iv) Licensed Brands, comprised of the licensed Dockers, Levi's, and G.H. Bass brands, as well as other brands we license for footwear. 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 $3.6 million and $2.4 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively. Retail occupancy costs recorded in selling and administrative expense were $70.8 million and $77.2 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively. Advertising Costs Advertising costs were $21.1 million and $14.5 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively. Vendor Allowances Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $3.0 million and $1.8 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively. During the first quarter of each of Fiscal 2022 and Fiscal 2021, our cooperative advertising reimbursements received were not in excess of the costs incurred. New Accounting Pronouncements In December 2019, the Financial Accounting Standards Board issued ASU No. 2019-12, “Simplifying the Accounting for Income Taxes”. This guidance aims to simplify the accounting for income taxes by removing certain exceptions to the general principles within the current guidance and by clarifying and amending the current guidance. The guidance is effective for annual reporting periods, and interim periods within those years, beginning after December 15, 2020. We adopted ASU No. 2019-12 in the first quarter of Fiscal 2022. This guidance did not have a material impact on our Condensed Consolidated Financial Statements.

COVID-19

COVID-19	3 Months Ended
	May 01, 2021
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 temporarily closed or modified operating models and hours of our retail stores in North America, the U.K. and the ROI beginning in March 2020 both in response to governmental requirements including “stay-at-home” orders and similar mandates and voluntarily, beyond the requirements of local government authorities. A portion of our store fleet remained closed during Fiscal 2021 and the first quarter of Fiscal 2022. Changes made in our operations, including temporary closures, combined with reduced customer traffic due to concerns over COVID-19, resulted in a material impact on our business since then. 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, $6.4 million, $2.7 million and $0.4 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, October 31, 2020, January 30, 2021 and May 1, 2021, respectively. We evaluated our goodwill and indefinite-lived intangible assets for indicators of impairment at the end of each quarter of Fiscal 2021 and the quarter ended May 1, 2021. During the first quarter of Fiscal 2021, 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, October 31, 2020, January 30, 2021 or May 1, 2021. 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. Currently, our remaining closed stores are located primarily in Canada. Depending on the pace of reopening our remaining closed 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 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, provided employer payroll tax credits for wages paid to employees who were unable to work during the COVID-19 pandemic and options to defer payroll tax payments. Based on our evaluation of the CARES Act, we qualified for certain employer payroll tax credits as well as the deferral of payroll and other tax payments in the future, which were treated as government subsidies to offset related operating expenses. During the first quarter of Fiscal 2022 and Fiscal 2021, qualified payroll tax credits reduced our selling and administrative expenses by approximately $0.7 million and $7.0 million, respectively, on our Condensed Consolidated Statements of Operations. We have deferred additional qualified payroll and other tax payments as permitted by the CARES Act. S avings from the government program in the U.K. have provided property tax relief Note 2 COVID-19, Continued The COVID-19 pandemic remains a rapidly evolving situation especially in Canada, the U.K. and the ROI. The continuation of the COVID-19 pandemic and emergence of variants from the original strain, its economic impact and actions taken in response thereto, including, without limitation, the timing and availability of effective medical treatments and the ongoing rollout and acceptance of vaccines in response to the COVID-19 pandemic,

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	May 01, 2021
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) Journeys Group Licensed Brands Group Total Goodwill Balance, January 30, 2021 $ 10,082 $ 28,468 $ 38,550 Effect of foreign currency exchange rates 395 (1 ) 394 Balance, May 1, 2021 $ 10,477 $ 28,467 $ 38,944 Other intangibles by major classes were as follows: Trademarks (1) Customer Lists (2) Other (3) Total (In thousands) May 1, 2021 Jan. 30, 2021 May 1, 2021 Jan. 30, 2021 May 1, 2021 Jan. 30, 2021 May 1, 2021 Jan. 30, 2021 Gross other intangibles $ 26,768 $ 26,443 $ 6,632 $ 6,617 $ 400 $ 400 $ 33,800 $ 33,460 Accumulated amortization — — (2,288 ) (2,131 ) (400 ) (400 ) (2,688 ) (2,531 ) Net Other Intangibles $ 26,768 $ 26,443 $ 4,344 $ 4,486 $ — $ — $ 31,112 $ 30,929 (1) ( 2 ) ( 3 )

Asset Impairments and Other Cha

Asset Impairments and Other Charges	3 Months Ended
	May 01, 2021
Asset Impairment Charges [Abstract]
Asset Impairments and Other Charges	Note 4 Asset Impairments and Other Charges We recorded pretax charges of $2.7 million in the first quarter of Fiscal 2022, including $2.3 million for professional fees related to actions of an activist shareholder and $0.4 million for retail store asset impairments. We recorded a pretax charge of $7.9 million in the first quarter of Fiscal 2021, including $5.3 million for trademark impairments and $3.0 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.

Inventories

Inventories	3 Months Ended
	May 01, 2021
Inventory Disclosure [Abstract]
Inventories	Note 5 Inventories (In thousands) May 1, 2021 January 30, 2021 Wholesale finished goods $ 11,411 $ 27,851 Retail merchandise 289,606 263,115 Total Inventories $ 301,017 $ 290,966

Fair Value

Fair Value	3 Months Ended
	May 01, 2021
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 May 1, 2021 and January 30, 2021 are as follows: Fair Values (In thousands) May 1, 2021 January 30, 2021 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Revolver Borrowings $ 33,114 $ 33,635 $ 32,986 $ 33,612 UK Revolver Borrowings 11,055 11,105 — — As of May 1, 2021, we have $4.6 million of long-lived assets held and used which were measured using Level 3 inputs within the fair value hierarchy.

Earnings Per Share

Earnings Per Share	3 Months Ended
	May 01, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Note 7 Earnings Per Share Weighted-average number of shares used to calculate earnings per share are as follows: Three Months Ended (Shares in thousands) May 1, 2021 May 2, 2020 Weighted-average number of shares - basic 14,287 14,110 Common stock equivalents 415 - Weighted-average number of shares - diluted 14,702 14,110 Due to the loss from continuing operations in the three months ended May 2, 2020, share-based awards are excluded from the diluted earnings per share calculation for that period because they would be antidilutive.

Long-Term Debt

Long-Term Debt	3 Months Ended
	May 01, 2021
Debt Disclosure [Abstract]
Long-Term Debt	Note 8 Long-Term Debt (In thousands) May 1, 2021 January 30, 2021 U.S. revolver borrowings $ 33,114 $ 32,986 U.K. revolver borrowings 11,055 — Total long-term debt 44,169 32,986 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 44,169 $ 32,986 We were in compliance with all the relevant terms and conditions of the Credit Facility and Facility Letter as of May 1, 2021. During the second quarter of Fiscal 2022, we paid off the $17.5 million first-in, last-out tranche of the Credit Facility that is included in U.S. revolver borrowings as of May 1, 2021.

Legal Proceedings

Legal Proceedings	3 Months Ended
	May 01, 2021
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings	Note 9 Legal Proceedings Environmental Matters New York State Environmental Matters In August 1997, the New York State Department of Environmental Conservation (“NYSDEC”) and the Company entered into a consent order whereby 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, Continued Accrual for Environmental Contingencies Related to all outstanding environmental contingencies, we had accrued $1.4 million as of May 1, 2021, $1.5 million as of January 30, 2021 and $1.5 million as of May 2, 2020. 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 Condensed Consolidated Balance Sheets because it relates to former facilities operated by us. We have made pretax accruals for certain of these contingencies which were not material for the first quarters of Fiscal 2022 and Fiscal 2021. These charges are included in loss from discontinued operations, net in the Consolidated Statements of Operations and represent changes in estimates. 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. 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	3 Months Ended
	May 01, 2021
Commitments And Contingencies Disclosure [Abstract]
Commitments	Note 10 Commitments As part of our Togast business, we 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 May 1, 2021, the related inventory owned by Samsung had a historical cost of $16.6 million. As of May 1, 2021, we believe that we have appropriately accounted for any differences between the fair value of the Samsung inventory and Samsung’s historical cost.

Business Segment Information

Business Segment Information	3 Months Ended
	May 01, 2021
Segment Reporting [Abstract]
Business Segment Information	Note 11 Business Segment Information Three Months Ended May 1, 2021 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 376,548 $ 68,711 $ 48,762 $ 44,832 $ — $ 538,853 Intercompany sales — — — (158 ) — (158 ) Net sales to external customers $ 376,548 $ 68,711 $ 48,762 $ 44,674 $ — $ 538,695 Segment operating income (loss) $ 33,124 $ (3,847 ) $ (3,180 ) $ 2,561 $ (10,461 ) $ 18,197 Asset impairments and other (1) — — — — (2,670 ) (2,670 ) Operating income (loss) 33,124 (3,847 ) (3,180 ) 2,561 (13,131 ) 15,527 Other components of net periodic benefit income — — — — 39 39 Interest expense — — — — (869 ) (869 ) Interest income — — — — 140 140 Earnings (loss) from continuing operations before income taxes $ 33,124 $ (3,847 ) $ (3,180 ) $ 2,561 $ (13,821 ) $ 14,837 Total assets (2) $ 765,228 $ 244,918 $ 146,736 $ 63,505 $ 441,980 $ 1,662,367 Depreciation and amortization 7,282 1,868 1,121 284 334 10,889 Capital expenditures 8,850 698 1,559 265 730 12,102 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Three Months Ended May 2, 2020 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 168,925 47,165 $ 38,849 $ 24,681 $ — $ 279,620 Intercompany sales — — — (388 ) — (388 ) Net sales to external customers $ 168,925 $ 47,165 $ 38,849 $ 24,293 $ — $ 279,232 Segment operating income (loss) $ (37,083 ) $ (15,086 ) $ (9,584 ) $ (2,501 ) $ (4,644 ) $ (68,898 ) Goodwill impairment (1) — — — — (79,259 ) (79,259 ) Asset impairments and other (2) — — — — (7,861 ) (7,861 ) Operating income (loss) (37,083 ) (15,086 ) (9,584 ) (2,501 ) (91,764 ) (156,018 ) Other components of net periodic benefit cost — — — — 124 124 Interest expense — — — — (1,049 ) (1,049 ) Interest income — — — — 193 193 Earnings (loss) from continuing operations before income taxes $ (37,083 ) $ (15,086 ) $ (9,584 ) $ (2,501 ) $ (92,496 ) $ (156,750 ) Total assets (3) $ 912,387 253,171 $ 187,704 $ 78,234 $ 323,572 $ 1,755,068 Depreciation and amortization 7,453 2,639 1,476 467 388 12,423 Capital expenditures 3,192 1,693 1,677 (28 ) 208 6,742 (1) ( 2 ) ( 3 )

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	May 01, 2021
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 29, 2022 ("Fiscal 2022") and of the fiscal year ended January 30, 2021 ("Fiscal 2021"). 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. The Condensed Consolidated Financial Statements and the related Notes have been prepared in accordance with the instructions to Form 10-Q and do not include all of the information and footnotes required by U.S. Generally Accepted Accounting Principles (“GAAP”) for complete financial statements.
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 ® ® ® ® ® ® ® ® During the three months ended May 1, 2021 and May 2, 2020, 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 brand; and (iv) Licensed Brands, comprised of the licensed Dockers, Levi's, and G.H. Bass brands, as well as other brands we license for footwear.
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 $3.6 million and $2.4 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively. Retail occupancy costs recorded in selling and administrative expense were $70.8 million and $77.2 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively.
Advertising Costs	Advertising Costs Advertising costs were $21.1 million and $14.5 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively.
Vendor Allowances	Vendor Allowances Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $3.0 million and $1.8 million for the first quarters of Fiscal 2022 and Fiscal 2021, respectively. During the first quarter of each of Fiscal 2022 and Fiscal 2021, our cooperative advertising reimbursements received were not in excess of the costs incurred.
New Accounting Pronouncements	New Accounting Pronouncements In December 2019, the Financial Accounting Standards Board issued ASU No. 2019-12, “Simplifying the Accounting for Income Taxes”. This guidance aims to simplify the accounting for income taxes by removing certain exceptions to the general principles within the current guidance and by clarifying and amending the current guidance. The guidance is effective for annual reporting periods, and interim periods within those years, beginning after December 15, 2020. We adopted ASU No. 2019-12 in the first quarter of Fiscal 2022. This guidance did not have a material impact on our Condensed Consolidated Financial Statements.

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	May 01, 2021
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) Journeys Group Licensed Brands Group Total Goodwill Balance, January 30, 2021 $ 10,082 $ 28,468 $ 38,550 Effect of foreign currency exchange rates 395 (1 ) 394 Balance, May 1, 2021 $ 10,477 $ 28,467 $ 38,944
Summary of Other Intangible Assets	Other intangibles by major classes were as follows: Trademarks (1) Customer Lists (2) Other (3) Total (In thousands) May 1, 2021 Jan. 30, 2021 May 1, 2021 Jan. 30, 2021 May 1, 2021 Jan. 30, 2021 May 1, 2021 Jan. 30, 2021 Gross other intangibles $ 26,768 $ 26,443 $ 6,632 $ 6,617 $ 400 $ 400 $ 33,800 $ 33,460 Accumulated amortization — — (2,288 ) (2,131 ) (400 ) (400 ) (2,688 ) (2,531 ) Net Other Intangibles $ 26,768 $ 26,443 $ 4,344 $ 4,486 $ — $ — $ 31,112 $ 30,929 (1) ( 2 ) ( 3 )

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	May 01, 2021
Inventory Disclosure [Abstract]
Schedule of Inventories	(In thousands) May 1, 2021 January 30, 2021 Wholesale finished goods $ 11,411 $ 27,851 Retail merchandise 289,606 263,115 Total Inventories $ 301,017 $ 290,966

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	May 01, 2021
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Instruments	The carrying amounts and fair values of our financial instruments at May 1, 2021 and January 30, 2021 are as follows: Fair Values (In thousands) May 1, 2021 January 30, 2021 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Revolver Borrowings $ 33,114 $ 33,635 $ 32,986 $ 33,612 UK Revolver Borrowings 11,055 11,105 — —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	May 01, 2021
Earnings Per Share [Abstract]
Summary of Weighted-Average Number of Shares	Weighted-average number of shares used to calculate earnings per share are as follows: Three Months Ended (Shares in thousands) May 1, 2021 May 2, 2020 Weighted-average number of shares - basic 14,287 14,110 Common stock equivalents 415 - Weighted-average number of shares - diluted 14,702 14,110

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	May 01, 2021
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-Term Debt (In thousands) May 1, 2021 January 30, 2021 U.S. revolver borrowings $ 33,114 $ 32,986 U.K. revolver borrowings 11,055 — Total long-term debt 44,169 32,986 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 44,169 $ 32,986

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	May 01, 2021
Segment Reporting [Abstract]
Schedule of Business Segment Information	Three Months Ended May 1, 2021 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 376,548 $ 68,711 $ 48,762 $ 44,832 $ — $ 538,853 Intercompany sales — — — (158 ) — (158 ) Net sales to external customers $ 376,548 $ 68,711 $ 48,762 $ 44,674 $ — $ 538,695 Segment operating income (loss) $ 33,124 $ (3,847 ) $ (3,180 ) $ 2,561 $ (10,461 ) $ 18,197 Asset impairments and other (1) — — — — (2,670 ) (2,670 ) Operating income (loss) 33,124 (3,847 ) (3,180 ) 2,561 (13,131 ) 15,527 Other components of net periodic benefit income — — — — 39 39 Interest expense — — — — (869 ) (869 ) Interest income — — — — 140 140 Earnings (loss) from continuing operations before income taxes $ 33,124 $ (3,847 ) $ (3,180 ) $ 2,561 $ (13,821 ) $ 14,837 Total assets (2) $ 765,228 $ 244,918 $ 146,736 $ 63,505 $ 441,980 $ 1,662,367 Depreciation and amortization 7,282 1,868 1,121 284 334 10,889 Capital expenditures 8,850 698 1,559 265 730 12,102 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Three Months Ended May 2, 2020 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 168,925 47,165 $ 38,849 $ 24,681 $ — $ 279,620 Intercompany sales — — — (388 ) — (388 ) Net sales to external customers $ 168,925 $ 47,165 $ 38,849 $ 24,293 $ — $ 279,232 Segment operating income (loss) $ (37,083 ) $ (15,086 ) $ (9,584 ) $ (2,501 ) $ (4,644 ) $ (68,898 ) Goodwill impairment (1) — — — — (79,259 ) (79,259 ) Asset impairments and other (2) — — — — (7,861 ) (7,861 ) Operating income (loss) (37,083 ) (15,086 ) (9,584 ) (2,501 ) (91,764 ) (156,018 ) Other components of net periodic benefit cost — — — — 124 124 Interest expense — — — — (1,049 ) (1,049 ) Interest income — — — — 193 193 Earnings (loss) from continuing operations before income taxes $ (37,083 ) $ (15,086 ) $ (9,584 ) $ (2,501 ) $ (92,496 ) $ (156,750 ) Total assets (3) $ 912,387 253,171 $ 187,704 $ 78,234 $ 323,572 $ 1,755,068 Depreciation and amortization 7,453 2,639 1,476 467 388 12,423 Capital expenditures 3,192 1,693 1,677 (28 ) 208 6,742 (1) ( 2 ) ( 3 )

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	3 Months Ended
	May 01, 2021USD ($)storeSegment	May 02, 2020USD ($)Segment
Summary of Accounting Policies [Line Items]
Number of retail stores operated by company | store	1,444
Number of reportable business segments | Segment	4	4
Selling and administrative expenses	$ 239,465	$ 189,042
Advertising costs	21,100	14,500
Vendor reimbursements of cooperative advertising costs	$ 3,000	1,800
ASU 2019-12
Summary of Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true
Change in Accounting Principle, Accounting Standards Update, Adoption Date	May 1, 2021
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]	true
Wholesale Costs of Distribution
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	$ 3,600	2,400
Retail Occupancy Costs
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	$ 70,800	$ 77,200

COVID-19 - Additional Informati

COVID-19 - Additional Information (Details) - USD ($)	3 Months Ended
	May 01, 2021	Jan. 30, 2021	Oct. 31, 2020	Aug. 01, 2020	May 02, 2020
Unusual Or Infrequent Item [Line Items]
Asset impairment charge	$ 414,000				$ 3,042,000
Goodwill impairment charge	0				79,259,000
Schuh Group
Unusual Or Infrequent Item [Line Items]
Goodwill impairment charge					79,300,000
COVID-19
Unusual Or Infrequent Item [Line Items]
Asset impairment charge	400,000	$ 2,700,000	$ 6,400,000	$ 1,700,000	3,000,000
Impairment charge	0	$ 0	$ 0	$ 0
Reduction in qualified payroll tax credits	700,000				7,000,000
COVID-19 | U.K.
Unusual Or Infrequent Item [Line Items]
Property tax relief	$ 4,700,000				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) $ in Thousands	3 Months Ended
	May 01, 2021USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 38,550
Effect of foreign currency exchange rates	394
Goodwill, ending balance	38,944
Journeys Group
Goodwill [Roll Forward]
Goodwill, beginning balance	10,082
Effect of foreign currency exchange rates	395
Goodwill, ending balance	10,477
Licensed Brands Group
Goodwill [Roll Forward]
Goodwill, beginning balance	28,468
Effect of foreign currency exchange rates	(1)
Goodwill, ending balance	$ 28,467

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Summary of Other Intangibles Assets (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Other intangibles by major classes
Gross other intangibles	$ 33,800	$ 33,460
Accumulated amortization	(2,688)	(2,531)
Net Other Intangibles	31,112	30,929	$ 29,082
Trademarks
Other intangibles by major classes
Gross other intangibles	26,768	26,443
Accumulated amortization	0	0
Net Other Intangibles	26,768	26,443
Customer Lists
Other intangibles by major classes
Gross other intangibles	6,632	6,617
Accumulated amortization	(2,288)	(2,131)
Net Other Intangibles	4,344	4,486
Other
Other intangibles by major classes
Gross other intangibles	400	400
Accumulated amortization	(400)	(400)
Net Other Intangibles	$ 0	$ 0

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Summary of Other Intangibles Assets (Parenthetical) (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	$ 33,800	$ 33,460
Trademarks
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	26,768	26,443
Trademarks | Schuh Group
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	23,300
Trademarks | Journeys Group
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	3,500
Customer Lists
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	6,632	6,617
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
	May 01, 2021	May 02, 2020
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 2,670	$ 7,861
Trademark
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
Professional Fees Related to Actions of Activist Shareholder
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	2,300
Retail Store Asset Impairments
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 400	$ 3,000

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Inventories
Wholesale finished goods	$ 11,411	$ 27,851
Retail merchandise	289,606	263,115
Total Inventories	$ 301,017	$ 290,966	$ 391,803

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 44,169	$ 32,986
U.S. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	33,114	32,986
U.S. Revolver Borrowings | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	33,114	32,986
Fair Value	33,635	33,612
UK Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	11,055	0
UK Revolver Borrowings | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	11,055	0
Fair Value	$ 11,105	$ 0

Fair Value - Additional Informa

Fair Value - Additional Information (Details) $ in Millions	May 01, 2021USD ($)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held and used	$ 4.6

Earnings Per Share - Summary of

Earnings Per Share - Summary of Weighted-Average Number of Shares (Details) - shares shares in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Earnings Per Share [Abstract]
Weighted-average number of shares - basic	14,287	14,110
Common stock equivalents (in Shares)	415	0
Weighted-average number of shares - diluted	14,702	14,110

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	May 01, 2021	Jan. 30, 2021	May 02, 2020
Debt Instrument [Line Items]
Total long-term debt	$ 44,169	$ 32,986
Current portion	0	0	$ 23,741
Total Noncurrent Portion of Long-Term Debt	44,169	32,986	$ 198,939
U.S. Revolver Borrowings
Debt Instrument [Line Items]
Total long-term debt	33,114	32,986
U.K. Revolver Borrowings
Debt Instrument [Line Items]
Total long-term debt	$ 11,055	$ 0

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) $ in Millions	3 Months Ended
	Jul. 31, 2021USD ($)
FILO Loan | U.S. Revolver Borrowings | Forecast
Debt Instrument [Line Items]
Repayments of debt	$ 17.5

Legal Proceedings - Additional

Legal Proceedings - Additional Information (Details)	1 Months Ended		3 Months Ended
	Feb. 28, 2017USD ($)	Jun. 30, 2016USD ($)	May 01, 2021USD ($)Well	Jan. 30, 2021USD ($)	May 02, 2020USD ($)	Apr. 30, 2015USD ($)
Loss Contingencies [Line Items]
Number of water supply wells | Well			2
Amount related to outstanding environmental contingencies			$ 1,400,000	$ 1,500,000	$ 1,500,000
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
EPA Interim Oversight Costs
Loss Contingencies [Line Items]
Estimated possible loss			1,250,000
Response Costs Claimedbythe E P A
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
Minimum
Loss Contingencies [Line Items]
Historical cost associated with enhanced treatment required by the impact of groundwater plume			1,800,000
Minimum | Environmental Monitoring, Operation and Maintenance Activities
Loss Contingencies [Line Items]
Estimated possible loss			1,700,000
Maximum
Loss Contingencies [Line Items]
Historical cost associated with enhanced treatment required by the impact of groundwater plume			2,500,000
Maximum | Environmental Monitoring, Operation and Maintenance Activities
Loss Contingencies [Line Items]
Estimated possible loss			$ 2,000,000

Commitments - Additional Inform

Commitments - Additional Information (Details) $ in Millions	May 01, 2021USD ($)
Samsung
Loss Contingencies [Line Items]
Historical cost of inventory	$ 16.6

Business Segment Information -

Business Segment Information - Schedule of Business Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020	Jan. 30, 2021
Segment Reporting Information [Line Items]
Net sales	$ 538,695	$ 279,232
Segment operating income (loss)	18,197	(68,898)
Goodwill impairment	0	(79,259)
Asset impairments and other	(2,670)	(7,861)
Operating income (loss)	15,527	(156,018)
Other components of net periodic benefit income cost	39	124
Interest expense	(869)	(1,049)
Interest income	140	193
Earnings (loss) from continuing operations before income taxes	14,837	(156,750)
Total assets	1,662,367	1,755,068	$ 1,587,368
Depreciation and amortization	10,889	12,423
Capital expenditures	12,102	6,742
Journeys Group
Segment Reporting Information [Line Items]
Net sales	376,548	168,925
Schuh Group
Segment Reporting Information [Line Items]
Net sales	68,711	47,165
Goodwill impairment		(79,300)
Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	48,762	38,849
Licensed Brands Group
Segment Reporting Information [Line Items]
Net sales	44,674	24,293
Operating Segments
Segment Reporting Information [Line Items]
Net sales	538,853	279,620
Operating Segments | Journeys Group
Segment Reporting Information [Line Items]
Net sales	376,548	168,925
Segment operating income (loss)	33,124	(37,083)
Goodwill impairment		0
Asset impairments and other	0	0
Operating income (loss)	33,124	(37,083)
Other components of net periodic benefit income cost	0	0
Interest expense	0	0
Interest income	0	0
Earnings (loss) from continuing operations before income taxes	33,124	(37,083)
Total assets	765,228	912,387
Depreciation and amortization	7,282	7,453
Capital expenditures	8,850	3,192
Operating Segments | Schuh Group
Segment Reporting Information [Line Items]
Net sales	68,711	47,165
Segment operating income (loss)	(3,847)	(15,086)
Goodwill impairment		0
Asset impairments and other	0	0
Operating income (loss)	(3,847)	(15,086)
Other components of net periodic benefit income cost	0	0
Interest expense	0	0
Interest income	0	0
Earnings (loss) from continuing operations before income taxes	(3,847)	(15,086)
Total assets	244,918	253,171
Depreciation and amortization	1,868	2,639
Capital expenditures	698	1,693
Operating Segments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	48,762	38,849
Segment operating income (loss)	(3,180)	(9,584)
Goodwill impairment		0
Asset impairments and other	0	0
Operating income (loss)	(3,180)	(9,584)
Other components of net periodic benefit income cost	0	0
Interest expense	0	0
Interest income	0	0
Earnings (loss) from continuing operations before income taxes	(3,180)	(9,584)
Total assets	146,736	187,704
Depreciation and amortization	1,121	1,476
Capital expenditures	1,559	1,677
Operating Segments | Licensed Brands Group
Segment Reporting Information [Line Items]
Net sales	44,832	24,681
Segment operating income (loss)	2,561	(2,501)
Goodwill impairment		0
Asset impairments and other	0	0
Operating income (loss)	2,561	(2,501)
Other components of net periodic benefit income cost	0	0
Interest expense	0	0
Interest income	0	0
Earnings (loss) from continuing operations before income taxes	2,561	(2,501)
Total assets	63,505	78,234
Depreciation and amortization	284	467
Capital expenditures	265	(28)
Corporate & Other
Segment Reporting Information [Line Items]
Net sales	0	0
Segment operating income (loss)	(10,461)	(4,644)
Goodwill impairment		(79,259)
Asset impairments and other	(2,670)	(7,861)
Operating income (loss)	(13,131)	(91,764)
Other components of net periodic benefit income cost	39	124
Interest expense	(869)	(1,049)
Interest income	140	193
Earnings (loss) from continuing operations before income taxes	(13,821)	(92,496)
Total assets	441,980	323,572
Depreciation and amortization	334	388
Capital expenditures	730	208
Intercompany Sales
Segment Reporting Information [Line Items]
Net sales	(158)	(388)
Intercompany Sales | Journeys Group
Segment Reporting Information [Line Items]
Net sales	0	0
Intercompany Sales | Schuh Group
Segment Reporting Information [Line Items]
Net sales	0	0
Intercompany Sales | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	0	0
Intercompany Sales | Licensed Brands Group
Segment Reporting Information [Line Items]
Net sales	$ (158)	$ (388)

Business Segment Information _2

Business Segment Information - Schedule of Business Segment Information (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended
	May 01, 2021	May 02, 2020
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 2,670	$ 7,861
Long-lived assets	848,300	919,500
Goodwill impairment	0	79,259
Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net		5,300
U.K.
Segment Reporting Information [Line Items]
Long-lived assets	135,400	152,900
Canada
Segment Reporting Information [Line Items]
Long-lived assets	34,000	40,800
Johnston & Murphy Group | Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net		400
Schuh Group
Segment Reporting Information [Line Items]
Goodwill impairment		79,300
Journeys Group | Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net		4,900
Professional Fees Related to Actions of Activist Shareholder
Segment Reporting Information [Line Items]
Asset impairments and other, net	2,300
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net	400	3,000
Retail Store Asset Impairments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	100	1,200
Retail Store Asset Impairments | Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	100	1,200
Retail Store Asset Impairments | Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 200	$ 600