Genesco (GCO) 10-Q 9 Sep 21 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jul. 31, 2021	Aug. 27, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jul. 31, 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		15,109,062
Entity Central Index Key	0000018498
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--01-29

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 30, 2021	Aug. 01, 2020
Current Assets:
Cash and cash equivalents	$ 304,039	$ 215,091	$ 299,144
Accounts receivable, net of allowances of $4,440 at July 31, 2021, $5,015 at January 30, 2021 and $5,485 at August 1, 2020	31,872	31,410	54,793
Inventories	326,477	290,966	365,267
Prepaids and other current assets	91,554	130,128	58,454
Total current assets	753,942	667,595	777,658
Property and equipment, net	202,711	207,842	220,458
Operating lease right of use assets	610,188	621,727	670,323
Goodwill	38,787	38,550	37,931
Other intangibles	31,063	30,929	30,008
Deferred income taxes	0	0	12,443
Other noncurrent assets	21,929	20,725	21,207
Total Assets	1,658,620	1,587,368	1,770,028
Current Liabilities:
Accounts payable	186,593	150,437	178,541
Current portion - long-term debt	0	0	24,860
Current portion - operating lease liabilities	156,562	173,505	199,392
Other accrued liabilities	134,407	78,991	88,047
Total current liabilities	477,562	402,933	490,840
Long-term debt	20,022	32,986	186,049
Long-term operating lease liabilities	524,857	527,549	593,723
Other long-term liabilities	48,082	57,141	38,552
Total liabilities	1,070,523	1,020,609	1,309,164
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	15,597	15,438	15,482
Additional paid-in capital	286,298	282,308	278,254
Retained earnings	336,659	320,920	223,536
Accumulated other comprehensive loss	(33,428)	(35,059)	(39,560)
Treasury shares, at cost (488,464 shares)	(17,857)	(17,857)	(17,857)
Total equity	588,097	566,759	460,864
Total Liabilities and Equity	$ 1,658,620	$ 1,587,368	$ 1,770,028

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 30, 2021	Aug. 01, 2020
Current Assets:
Allowances on accounts receivable	$ 4,440	$ 5,015	$ 5,485
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		6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020	Jul. 31, 2021	Aug. 01, 2020
Income Statement [Abstract]
Net sales	$ 555,183	$ 391,217	$ 1,093,878	$ 670,449
Cost of sales	282,661	224,217	563,694	383,305
Gross margin	272,522	167,000	530,184	287,144
Selling and administrative expenses	252,551	187,261	492,016	376,303
Goodwill impairment	0	0	0	79,259
Asset impairments and other, net	7,070	1,733	9,740	9,594
Operating income (loss)	12,901	(21,994)	28,428	(178,012)
Other components of net periodic benefit cost (income)	56	(182)	17	(306)
Interest expense (net of interest income of $0.1 million, $0.0 million, $0.3 million and $0.2 million for the three and six months ended July 31, 2021 and August 1, 2020, respectively)	617	1,918	1,346	2,774
Earnings (loss) from continuing operations before income taxes	12,228	(23,730)	27,065	(180,480)
Income tax expense (benefit)	1,354	(4,806)	7,297	(26,932)
Earnings (loss) from continuing operations	10,874	(18,924)	19,768	(153,548)
Gain (loss) from discontinued operations, net of tax	63	(112)	47	(265)
Net Earnings (Loss)	$ 10,937	$ (19,036)	$ 19,815	$ (153,813)
Basic earnings (loss) per common share:
Continuing operations	$ 0.76	$ (1.33)	$ 1.38	$ (10.86)
Discontinued operations	0	(0.01)	0	(0.01)
Net earnings (loss)	0.76	(1.34)	1.38	(10.87)
Diluted earnings (loss) per common share:
Continuing operations	0.74	(1.33)	1.35	(10.86)
Discontinued operations	0.01	(0.01)	0	(0.01)
Net earnings (loss)	$ 0.75	$ (1.34)	$ 1.35	$ (10.87)
Weighted average shares outstanding:
Basic	14,339	14,179	14,313	14,145
Diluted	14,611	14,179	14,657	14,145

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020	Jul. 31, 2021	Aug. 01, 2020
Income Statement [Abstract]
Interest income	$ 135	$ 47	$ 275	$ 240

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020	Jul. 31, 2021	Aug. 01, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net earnings (loss)	$ 10,937	$ (19,036)	$ 19,815	$ (153,813)
Other comprehensive income (loss):
Postretirement liability adjustments, net of tax	21	(156)	(23)	(276)
Foreign currency translation adjustments	152	3,199	1,654	(7,616)
Total other comprehensive income (loss)	173	3,043	1,631	(7,892)
Comprehensive Income (Loss)	$ 11,110	$ (15,993)	$ 21,446	$ (161,705)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings (loss)	$ 19,815	$ (153,813)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:
Depreciation and amortization	21,634	24,210
Deferred income taxes	(9,994)	7,129
Impairment of intangible assets	0	84,519
Impairment of long-lived assets	1,824	4,782
Restricted stock expense	3,967	4,449
Other	375	3,865
Changes in working capital and other assets and liabilities, net of acquisitions/dispositions:
Accounts receivable	66	(28,541)
Inventories	(34,614)	(1,111)
Prepaids and other current assets	38,742	(26,384)
Accounts payable	36,681	55,678
Other accrued liabilities	57,009	4,516
Other assets and liabilities	(9,730)	67,304
Net cash provided by operating activities	125,775	46,603
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(19,545)	(10,642)
Proceeds from asset sales	9	100
Other	74	0
Net cash used in investing activities	(19,462)	(10,542)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving credit facility	23,363	214,821
Payments on revolving credit facility	(36,854)	(20,239)
Restricted shares withheld for taxes	(4,076)	(1,224)
Change in overdraft balances	(517)	(13,019)
Other	(35)	(1,087)
Net cash provided by (used in) financing activities	(18,119)	179,252
Effect of foreign exchange rate fluctuations on cash	754	2,412
Net Increase in Cash and Cash Equivalents	88,948	217,725
Cash and cash equivalents at beginning of period	215,091	81,418
Cash and cash equivalents at end of period	304,039	299,143
Supplemental information:
Interest paid	1,256	2,171
Income taxes paid (refunded)	(29,485)	3,784
Cash paid for amounts included in measurement of operating lease liabilities	96,248	25,795
Operating leased assets obtained in exchange for new operating lease liabilities	$ 64,884	$ 15,216

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/ restricted stock	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)	(153,813)
Other comprehensive income (loss)	(7,892)
Ending balance at Aug. 01, 2020	460,864	1,009	15,482	278,254	223,536	(39,560)	(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 income (loss)	3,043					3,043
Employee and non-employee share-based compensation/ restricted stock	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)
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/ restricted stock	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)
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)	19,815
Other comprehensive income (loss)	1,631
Ending balance at Jul. 31, 2021	588,097	828	15,597	286,298	336,659	(33,428)	(17,857)
Beginning balance at May. 01, 2021	579,008	828	15,444	284,396	329,798	(33,601)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	10,937				10,937
Other comprehensive income (loss)	173					173
Employee and non-employee share-based compensation/ restricted stock	2,055			2,055
Restricted stock issuance			219	(219)
Restricted shares withheld for taxes	(4,076)		(64)	64	(4,076)
Other			(2)	2
Ending balance at Jul. 31, 2021	$ 588,097	$ 828	$ 15,597	$ 286,298	$ 336,659	$ (33,428)	$ (17,857)

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jul. 31, 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 and six months ended July 31, 2021 and August 1, 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 $2.2 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $7.2 million and $4.6 million for the first six months of Fiscal 2022 and Fiscal 2021, respectively. Retail occupancy costs recorded in selling and administrative expense were $75.1 million and $71.5 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $145.9 million and $148.7 million for the first six months of Fiscal 2022 and Fiscal 2021, respectively. Advertising Costs Advertising costs were $23.5 million and $14.1 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $44.6 million and $28.6 million for the first six months 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 $2.4 million and $0.9 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $5.4 million and $2.7 million for the first six months of Fiscal 2022 and Fiscal 2021, respectively. During the first six months of each of Fiscal 2022 and Fiscal 2021, our cooperative advertising reimbursements received were not in excess of the costs incurred. Note 1 Summary of Significant Accounting Policies, Continued 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	6 Months Ended
	Jul. 31, 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 six months of Fiscal 2022. As of August 31, 2021, we are operating in substantially all locations. 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. We evaluated our goodwill and indefinite-lived intangible assets for indicators of impairment at the end of each quarter of Fiscal 2021 and the quarters ended May 1, 2021 and July 31, 2021 of Fiscal 2022. 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, May 1, 2021 or July 31, 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. Depending on 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 a number of agreements have been reached, some 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 Note 2 COVID-19, Continued 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 quarters ended May 2, 2020, August 1, 2020, May 1, 2021 and July 31, 2021, qualified payroll tax credits under the CARES Act and other foreign subsidy programs reduced our selling and administrative expenses by approximately $7.0 million, $3.8 million, $5.0 million and $2.5 million, respectively, on our Condensed Consolidated Statements of Operations. We intend to continue to defer 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 for the quarters ended May 1, 2021 and July 31, 2021 The COVID-19 pandemic continues to evolve. The 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	6 Months Ended
	Jul. 31, 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 238 (1 ) 237 Balance, July 31, 2021 $ 10,320 $ 28,467 $ 38,787 Other intangibles by major classes were as follows: Trademarks (1) Customer Lists Other Total (In thousands) July 31, 2021 Jan. 30, 2021 July 31, 2021 Jan. 30, 2021 July 31, 2021 Jan. 30, 2021 July 31, 2021 Jan. 30, 2021 Gross other intangibles $ 26,860 $ 26,443 $ 6,640 $ 6,617 $ 400 $ 400 $ 33,900 $ 33,460 Accumulated amortization — — (2,437 ) (2,131 ) (400 ) (400 ) (2,837 ) (2,531 ) Net Other Intangibles $ 26,860 $ 26,443 $ 4,203 $ 4,486 $ — $ — $ 31,063 $ 30,929 (1)

Asset Impairments and Other Cha

Asset Impairments and Other Charges	6 Months Ended
	Jul. 31, 2021
Asset Impairment Charges [Abstract]
Asset Impairments and Other Charges	Note 4 Asset Impairments and Other Charges We recorded pretax charges of $7.1 million in the second quarter of Fiscal 2022, including $6.2 million for professional fees related to actions of an activist shareholder and $1.4 million for retail store asset impairments, partially offset by a $0.6 million insurance gain. We recorded Note 4 Asset Impairments and Other Charges, Continued pretax charges of $9.7 million in the first six months of Fiscal 2022, including $8.5 million for professional fees related to actions of an activist shareholder and $1.8 million for retail store asset impairments, partially offset by a $0.6 million insurance gain. We recorded pretax charges of $1.7 million in the second quarter of Fiscal 2021 for retail store asset impairments. We recorded pretax charges of $9.6 million in the first six months of Fiscal 2021, including $5.3 million for trademark impairments and $4.8 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	6 Months Ended
	Jul. 31, 2021
Inventory Disclosure [Abstract]
Inventories	Note 5 Inventories (In thousands) July 31, 2021 January 30, 2021 Wholesale finished goods $ 12,515 $ 27,851 Retail merchandise 313,962 263,115 Total Inventories $ 326,477 $ 290,966

Fair Value

Fair Value	6 Months Ended
	Jul. 31, 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 July 31, 2021 and January 30, 2021 are as follows: Fair Values (In thousands) July 31, 2021 January 30, 2021 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Revolver Borrowings $ 15,851 $ 16,024 $ 32,986 $ 33,612 UK Revolver Borrowings 4,171 4,181 — — As of July 31, 2021, we have $10.8 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	6 Months Ended
	Jul. 31, 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 Six Months Ended (Shares in thousands) July 31, 2021 August 1, 2020 July 31, 2021 August 1, 2020 Weighted-average number of shares - basic 14,339 14,179 14,313 14,145 Common stock equivalents 272 - 344 - Weighted-average number of shares - diluted 14,611 14,179 14,657 14,145 Due to the loss from continuing operations in the three months and six months ended August 1, 2020, share-based awards are excluded from the diluted earnings per share calculation for those periods because they would be antidilutive.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jul. 31, 2021
Debt Disclosure [Abstract]
Long-Term Debt	Note 8 Long-Term Debt (In thousands) July 31, 2021 January 30, 2021 U.S. revolver borrowings $ 15,851 $ 32,986 U.K. revolver borrowings 4,171 — Total long-term debt 20,022 32,986 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 20,022 $ 32,986 We were in compliance with all the relevant terms and conditions of the Credit Facility and Facility Letter as of July 31, 2021. During the second quarter of Fiscal 2022, we paid off the $17.5 million First-in, Last-out tranche of our Credit Facility.

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jul. 31, 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. Note 9 Legal Proceedings, Continued 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. Accrual for Environmental Contingencies Related to all outstanding environmental contingencies, we had accrued $1.4 million as of July 31, 2021, $1.5 million as of January 30, 2021 and $1.5 million as of August 1, 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 six months of Fiscal 2022 and Fiscal 2021. These charges are included in gain (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	6 Months Ended
	Jul. 31, 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 inventories owned by Samsung. If product is sold below Samsung’s cost, we are required to pay to Samsung the difference between the sales price and its cost. At July 31, 2021, the inventory owned by Samsung had a historical cost of $7.8 million. As of July 31, 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	6 Months Ended
	Jul. 31, 2021
Segment Reporting [Abstract]
Business Segment Information	Note 11 Business Segment Information Three Months Ended July 31, 2021 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 346,275 $ 106,079 $ 61,159 $ 41,966 $ — $ 555,479 Intercompany sales — — — (296 ) — (296 ) Net sales to external customers $ 346,275 $ 106,079 $ 61,159 $ 41,670 $ — $ 555,183 Segment operating income (loss) $ 30,368 $ 3,623 $ 3,951 $ 991 $ (18,962 ) $ 19,971 Asset impairments and other (1) — — — — (7,070 ) (7,070 ) Operating income (loss) 30,368 3,623 3,951 991 (26,032 ) 12,901 Other components of net periodic benefit cost — — — — (56 ) (56 ) Interest expense — — — — (752 ) (752 ) Interest income — — — — 135 135 Earnings (loss) from continuing operations before income taxes $ 30,368 $ 3,623 $ 3,951 $ 991 $ (26,705 ) $ 12,228 Total assets (2) $ 765,100 $ 247,833 $ 132,639 $ 50,438 $ 462,610 $ 1,658,620 Depreciation and amortization 7,107 1,813 1,191 270 364 10,745 Capital expenditures 4,923 529 1,003 215 773 7,443 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Three Months Ended August 1, 2020 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 276,631 71,732 $ 24,097 $ 19,114 $ — $ 391,574 Intercompany sales — — — (357 ) — (357 ) Net sales to external customers $ 276,631 $ 71,732 $ 24,097 $ 18,757 $ — $ 391,217 Segment operating income (loss) $ 10,160 $ (6,838 ) $ (18,243 ) $ (1,222 ) $ (4,118 ) $ (20,261 ) Asset impairments and other (1) — — — — (1,733 ) (1,733 ) Operating income (loss) 10,160 (6,838 ) (18,243 ) (1,222 ) (5,851 ) (21,994 ) Other components of net periodic benefit income — — — — 182 182 Interest expense — — — — (1,965 ) (1,965 ) Interest income — — — — 47 47 Earnings (loss) from continuing operations before income taxes $ 10,160 $ (6,838 ) $ (18,243 ) $ (1,222 ) $ (7,587 ) $ (23,730 ) Total assets (2) $ 855,201 249,666 $ 185,375 $ 84,730 $ 395,056 $ 1,770,028 Depreciation and amortization 7,271 2,318 1,452 356 390 11,787 Capital expenditures 2,660 145 891 103 101 3,900 ( 1 ) ( 2 ) Six Months Ended July 31, 2021 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 722,823 $ 174,790 $ 109,921 $ 86,798 $ — $ 1,094,332 Intercompany sales — — — (454 ) — (454 ) Net sales to external customers $ 722,823 $ 174,790 $ 109,921 $ 86,344 $ — $ 1,093,878 Segment operating income (loss) $ 63,492 $ (224 ) $ 771 $ 3,552 $ (29,423 ) $ 38,168 Asset impairments and other (1) — — — — (9,740 ) (9,740 ) Operating income (loss) 63,492 (224 ) 771 3,552 (39,163 ) 28,428 Other components of net periodic benefit cost — — — — (17 ) (17 ) Interest expense — — — — (1,621 ) (1,621 ) Interest income — — — — 275 275 Earnings (loss) from continuing operations before income taxes $ 63,492 $ (224 ) $ 771 $ 3,552 $ (40,526 ) $ 27,065 Depreciation and amortization $ 14,389 $ 3,681 $ 2,312 $ 554 $ 698 $ 21,634 Capital expenditures 13,773 1,227 2,562 480 1,503 19,545 ( 1 ) Note 11 Business Segment Information, Continued Six Months Ended August 1, 2020 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 445,556 $ 118,897 $ 62,946 $ 43,795 $ — $ 671,194 Intercompany sales — — — (745 ) — (745 ) Net sales to external customers $ 445,556 $ 118,897 $ 62,946 $ 43,050 $ — $ 670,449 Segment operating loss $ (26,923 ) $ (21,924 ) $ (27,827 ) $ (3,723 ) $ (8,762 ) $ (89,159 ) Goodwill impairment (1) — — — — (79,259 ) (79,259 ) Asset impairments and other (2) — — — — (9,594 ) (9,594 ) Operating loss (26,923 ) (21,924 ) (27,827 ) (3,723 ) (97,615 ) (178,012 ) Other components of net periodic benefit income — — — — 306 306 Interest expense — — — — (3,014 ) (3,014 ) Interest income — — — — 240 240 Earnings (loss) from continuing operations before income taxes $ (26,923 ) $ (21,924 ) $ (27,827 ) $ (3,723 ) $ (100,083 ) $ (180,480 ) Depreciation and amortization $ 14,724 $ 4,957 $ 2,928 $ 823 $ 778 $ 24,210 Capital expenditures 5,852 1,838 2,568 75 309 10,642 (1) (2)

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 31, 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 and six months ended July 31, 2021 and August 1, 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 $2.2 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $7.2 million and $4.6 million for the first six months of Fiscal 2022 and Fiscal 2021, respectively. Retail occupancy costs recorded in selling and administrative expense were $75.1 million and $71.5 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $145.9 million and $148.7 million for the first six months of Fiscal 2022 and Fiscal 2021, respectively.
Advertising Costs	Advertising Costs Advertising costs were $23.5 million and $14.1 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $44.6 million and $28.6 million for the first six months 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 $2.4 million and $0.9 million for the second quarters of Fiscal 2022 and Fiscal 2021, respectively, and $5.4 million and $2.7 million for the first six months of Fiscal 2022 and Fiscal 2021, respectively. During the first six months 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)	6 Months Ended
	Jul. 31, 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 238 (1 ) 237 Balance, July 31, 2021 $ 10,320 $ 28,467 $ 38,787
Summary of Other Intangible Assets	Other intangibles by major classes were as follows: Trademarks (1) Customer Lists Other Total (In thousands) July 31, 2021 Jan. 30, 2021 July 31, 2021 Jan. 30, 2021 July 31, 2021 Jan. 30, 2021 July 31, 2021 Jan. 30, 2021 Gross other intangibles $ 26,860 $ 26,443 $ 6,640 $ 6,617 $ 400 $ 400 $ 33,900 $ 33,460 Accumulated amortization — — (2,437 ) (2,131 ) (400 ) (400 ) (2,837 ) (2,531 ) Net Other Intangibles $ 26,860 $ 26,443 $ 4,203 $ 4,486 $ — $ — $ 31,063 $ 30,929 (1)

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jul. 31, 2021
Inventory Disclosure [Abstract]
Schedule of Inventories	(In thousands) July 31, 2021 January 30, 2021 Wholesale finished goods $ 12,515 $ 27,851 Retail merchandise 313,962 263,115 Total Inventories $ 326,477 $ 290,966

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jul. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Instruments	The carrying amounts and fair values of our financial instruments at July 31, 2021 and January 30, 2021 are as follows: Fair Values (In thousands) July 31, 2021 January 30, 2021 Carrying Amount Fair Value Carrying Amount Fair Value U.S. Revolver Borrowings $ 15,851 $ 16,024 $ 32,986 $ 33,612 UK Revolver Borrowings 4,171 4,181 — —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jul. 31, 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 Six Months Ended (Shares in thousands) July 31, 2021 August 1, 2020 July 31, 2021 August 1, 2020 Weighted-average number of shares - basic 14,339 14,179 14,313 14,145 Common stock equivalents 272 - 344 - Weighted-average number of shares - diluted 14,611 14,179 14,657 14,145

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jul. 31, 2021
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-Term Debt (In thousands) July 31, 2021 January 30, 2021 U.S. revolver borrowings $ 15,851 $ 32,986 U.K. revolver borrowings 4,171 — Total long-term debt 20,022 32,986 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 20,022 $ 32,986

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jul. 31, 2021
Segment Reporting [Abstract]
Schedule of Business Segment Information	Three Months Ended July 31, 2021 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 346,275 $ 106,079 $ 61,159 $ 41,966 $ — $ 555,479 Intercompany sales — — — (296 ) — (296 ) Net sales to external customers $ 346,275 $ 106,079 $ 61,159 $ 41,670 $ — $ 555,183 Segment operating income (loss) $ 30,368 $ 3,623 $ 3,951 $ 991 $ (18,962 ) $ 19,971 Asset impairments and other (1) — — — — (7,070 ) (7,070 ) Operating income (loss) 30,368 3,623 3,951 991 (26,032 ) 12,901 Other components of net periodic benefit cost — — — — (56 ) (56 ) Interest expense — — — — (752 ) (752 ) Interest income — — — — 135 135 Earnings (loss) from continuing operations before income taxes $ 30,368 $ 3,623 $ 3,951 $ 991 $ (26,705 ) $ 12,228 Total assets (2) $ 765,100 $ 247,833 $ 132,639 $ 50,438 $ 462,610 $ 1,658,620 Depreciation and amortization 7,107 1,813 1,191 270 364 10,745 Capital expenditures 4,923 529 1,003 215 773 7,443 ( 1 ) ( 2 ) Note 1 1 Business Segment Information, Continued Three Months Ended August 1, 2020 ( In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 276,631 71,732 $ 24,097 $ 19,114 $ — $ 391,574 Intercompany sales — — — (357 ) — (357 ) Net sales to external customers $ 276,631 $ 71,732 $ 24,097 $ 18,757 $ — $ 391,217 Segment operating income (loss) $ 10,160 $ (6,838 ) $ (18,243 ) $ (1,222 ) $ (4,118 ) $ (20,261 ) Asset impairments and other (1) — — — — (1,733 ) (1,733 ) Operating income (loss) 10,160 (6,838 ) (18,243 ) (1,222 ) (5,851 ) (21,994 ) Other components of net periodic benefit income — — — — 182 182 Interest expense — — — — (1,965 ) (1,965 ) Interest income — — — — 47 47 Earnings (loss) from continuing operations before income taxes $ 10,160 $ (6,838 ) $ (18,243 ) $ (1,222 ) $ (7,587 ) $ (23,730 ) Total assets (2) $ 855,201 249,666 $ 185,375 $ 84,730 $ 395,056 $ 1,770,028 Depreciation and amortization 7,271 2,318 1,452 356 390 11,787 Capital expenditures 2,660 145 891 103 101 3,900 ( 1 ) ( 2 ) Six Months Ended July 31, 2021 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 722,823 $ 174,790 $ 109,921 $ 86,798 $ — $ 1,094,332 Intercompany sales — — — (454 ) — (454 ) Net sales to external customers $ 722,823 $ 174,790 $ 109,921 $ 86,344 $ — $ 1,093,878 Segment operating income (loss) $ 63,492 $ (224 ) $ 771 $ 3,552 $ (29,423 ) $ 38,168 Asset impairments and other (1) — — — — (9,740 ) (9,740 ) Operating income (loss) 63,492 (224 ) 771 3,552 (39,163 ) 28,428 Other components of net periodic benefit cost — — — — (17 ) (17 ) Interest expense — — — — (1,621 ) (1,621 ) Interest income — — — — 275 275 Earnings (loss) from continuing operations before income taxes $ 63,492 $ (224 ) $ 771 $ 3,552 $ (40,526 ) $ 27,065 Depreciation and amortization $ 14,389 $ 3,681 $ 2,312 $ 554 $ 698 $ 21,634 Capital expenditures 13,773 1,227 2,562 480 1,503 19,545 ( 1 ) Note 11 Business Segment Information, Continued Six Months Ended August 1, 2020 (In thousands) Journeys Group Schuh Group Johnston & Murphy Group Licensed Brands Corporate & Other Consolidated Sales $ 445,556 $ 118,897 $ 62,946 $ 43,795 $ — $ 671,194 Intercompany sales — — — (745 ) — (745 ) Net sales to external customers $ 445,556 $ 118,897 $ 62,946 $ 43,050 $ — $ 670,449 Segment operating loss $ (26,923 ) $ (21,924 ) $ (27,827 ) $ (3,723 ) $ (8,762 ) $ (89,159 ) Goodwill impairment (1) — — — — (79,259 ) (79,259 ) Asset impairments and other (2) — — — — (9,594 ) (9,594 ) Operating loss (26,923 ) (21,924 ) (27,827 ) (3,723 ) (97,615 ) (178,012 ) Other components of net periodic benefit income — — — — 306 306 Interest expense — — — — (3,014 ) (3,014 ) Interest income — — — — 240 240 Earnings (loss) from continuing operations before income taxes $ (26,923 ) $ (21,924 ) $ (27,827 ) $ (3,723 ) $ (100,083 ) $ (180,480 ) Depreciation and amortization $ 14,724 $ 4,957 $ 2,928 $ 823 $ 778 $ 24,210 Capital expenditures 5,852 1,838 2,568 75 309 10,642 (1) (2)

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021USD ($)storeSegment	Aug. 01, 2020USD ($)Segment	Jul. 31, 2021USD ($)storeSegment	Aug. 01, 2020USD ($)Segment
Summary of Accounting Policies [Line Items]
Number of retail stores operated by company | store	1,439		1,439
Number of reportable business segments | Segment	4	4	4	4
Selling and administrative expenses	$ 252,551	$ 187,261	$ 492,016	$ 376,303
Advertising costs	23,500	14,100	44,600	28,600
Vendor reimbursements of cooperative advertising costs	$ 2,400	900	$ 5,400	2,700
ASU 2019-12
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	May 1, 2021		May 1, 2021
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	$ 3,600	2,200	$ 7,200	4,600
Retail Occupancy Costs
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	$ 75,100	$ 71,500	$ 145,900	$ 148,700

COVID-19 - Additional Informati

COVID-19 - Additional Information (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jul. 31, 2021	May 01, 2021	Aug. 01, 2020	May 02, 2020	Jul. 31, 2021	Aug. 01, 2020
Unusual Or Infrequent Item [Line Items]
Goodwill impairment charge	$ 0		$ 0		$ 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]
Impairment charge	0	$ 0	0
Reduction in qualified payroll tax credits	2,500,000	5,000,000	$ 3,800,000	$ 7,000,000
COVID-19 | U.K.
Unusual Or Infrequent Item [Line Items]
Property tax relief	3,800,000	4,700,000
COVID-19 | U.K., ROI and Canada
Unusual Or Infrequent Item [Line Items]
Other tax relief	$ 1,200,000	$ 3,200,000
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	6 Months Ended
	Jul. 31, 2021USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 38,550
Effect of foreign currency exchange rates	237
Goodwill, ending balance	38,787
Journeys Group
Goodwill [Roll Forward]
Goodwill, beginning balance	10,082
Effect of foreign currency exchange rates	238
Goodwill, ending balance	10,320
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	Jul. 31, 2021	Jan. 30, 2021	Aug. 01, 2020
Other intangibles by major classes
Gross other intangibles	$ 33,900	$ 33,460
Accumulated amortization	(2,837)	(2,531)
Net Other Intangibles	31,063	30,929	$ 30,008
Trademarks
Other intangibles by major classes
Gross other intangibles	26,860	26,443
Accumulated amortization	0	0
Net Other Intangibles	26,860	26,443
Customer Lists
Other intangibles by major classes
Gross other intangibles	6,640	6,617
Accumulated amortization	(2,437)	(2,131)
Net Other Intangibles	4,203	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	Jul. 31, 2021	Jan. 30, 2021
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	$ 33,900	$ 33,460
Trademarks
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	26,860	$ 26,443
Trademarks | Schuh Group
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	23,400
Trademarks | Journeys Group
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	$ 3,400

Asset Impairments and Other C_2

Asset Impairments and Other Charges - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020	Jul. 31, 2021	Aug. 01, 2020
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 7,070	$ 1,733	$ 9,740	$ 9,594
Insurance gain	600		600
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	6,200		8,500
Retail Store Asset Impairments
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 1,400	$ 1,700	$ 1,800	$ 4,800

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 30, 2021	Aug. 01, 2020
Inventories
Wholesale finished goods	$ 12,515	$ 27,851
Retail merchandise	313,962	263,115
Total Inventories	$ 326,477	$ 290,966	$ 365,267

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 30, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 20,022	$ 32,986
U.S. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	15,851	32,986
U.S. Revolver Borrowings | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	15,851	32,986
Fair Value	16,024	33,612
UK Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	4,171	0
UK Revolver Borrowings | Revolving Credit Facility
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	4,171	0
Fair Value	$ 4,181	$ 0

Fair Value - Additional Informa

Fair Value - Additional Information (Details) $ in Millions	Jul. 31, 2021USD ($)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets held and used	$ 10.8

Earnings Per Share - Summary of

Earnings Per Share - Summary of Weighted-Average Number of Shares (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020	Jul. 31, 2021	Aug. 01, 2020
Earnings Per Share [Abstract]
Weighted-average number of shares - basic	14,339	14,179	14,313	14,145
Common stock equivalents (in shares)	272	0	344	0
Weighted-average number of shares - diluted	14,611	14,179	14,657	14,145

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Jul. 31, 2021	Jan. 30, 2021	Aug. 01, 2020
Debt Instrument [Line Items]
Total long-term debt	$ 20,022	$ 32,986
Current portion	0	0	$ 24,860
Total Noncurrent Portion of Long-Term Debt	20,022	32,986	$ 186,049
U.S. Revolver Borrowings
Debt Instrument [Line Items]
Total long-term debt	15,851	32,986
U.K. Revolver Borrowings
Debt Instrument [Line Items]
Total long-term debt	$ 4,171	$ 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
Debt Instrument [Line Items]
Repayments of debt	$ 17.5

Legal Proceedings - Additional

Legal Proceedings - Additional Information (Details)	1 Months Ended		6 Months Ended
	Feb. 28, 2017USD ($)	Jun. 30, 2016USD ($)	Jul. 31, 2021USD ($)Well	Jan. 30, 2021USD ($)	Aug. 01, 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	Jul. 31, 2021USD ($)
Samsung
Loss Contingencies [Line Items]
Historical cost of inventory	$ 7.8

Business Segment Information -

Business Segment Information - Schedule of Business Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020	Jul. 31, 2021	Aug. 01, 2020	Jan. 30, 2021
Segment Reporting Information [Line Items]
Net sales	$ 555,183	$ 391,217	$ 1,093,878	$ 670,449
Segment operating income (loss)	19,971	(20,261)	38,168	(89,159)
Goodwill impairment	0	0	0	(79,259)
Asset impairments and other	(7,070)	(1,733)	(9,740)	(9,594)
Operating income (loss)	12,901	(21,994)	28,428	(178,012)
Other components of net periodic benefit income cost	(56)	182	(17)	306
Interest expense	(752)	(1,965)	(1,621)	(3,014)
Interest income	135	47	275	240
Earnings (loss) from continuing operations before income taxes	12,228	(23,730)	27,065	(180,480)
Total assets	1,658,620	1,770,028	1,658,620	1,770,028	$ 1,587,368
Depreciation and amortization	10,745	11,787	21,634	24,210
Capital expenditures	7,443	3,900	19,545	10,642
Journeys Group
Segment Reporting Information [Line Items]
Net sales	346,275	276,631	722,823	445,556
Schuh Group
Segment Reporting Information [Line Items]
Net sales	106,079	71,732	174,790	118,897
Goodwill impairment				(79,300)
Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	61,159	24,097	109,921	62,946
Licensed Brands Group
Segment Reporting Information [Line Items]
Net sales	41,670	18,757	86,344	43,050
Operating Segments
Segment Reporting Information [Line Items]
Net sales	555,479	391,574	1,094,332	671,194
Operating Segments | Journeys Group
Segment Reporting Information [Line Items]
Net sales	346,275	276,631	722,823	445,556
Segment operating income (loss)	30,368	10,160	63,492	(26,923)
Goodwill impairment				0
Asset impairments and other	0	0	0	0
Operating income (loss)	30,368	10,160	63,492	(26,923)
Other components of net periodic benefit income cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	30,368	10,160	63,492	(26,923)
Total assets	765,100	855,201	765,100	855,201
Depreciation and amortization	7,107	7,271	14,389	14,724
Capital expenditures	4,923	2,660	13,773	5,852
Operating Segments | Schuh Group
Segment Reporting Information [Line Items]
Net sales	106,079	71,732	174,790	118,897
Segment operating income (loss)	3,623	(6,838)	(224)	(21,924)
Goodwill impairment				0
Asset impairments and other	0	0	0	0
Operating income (loss)	3,623	(6,838)	(224)	(21,924)
Other components of net periodic benefit income cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	3,623	(6,838)	(224)	(21,924)
Total assets	247,833	249,666	247,833	249,666
Depreciation and amortization	1,813	2,318	3,681	4,957
Capital expenditures	529	145	1,227	1,838
Operating Segments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales	61,159	24,097	109,921	62,946
Segment operating income (loss)	3,951	(18,243)	771	(27,827)
Goodwill impairment				0
Asset impairments and other	0	0	0	0
Operating income (loss)	3,951	(18,243)	771	(27,827)
Other components of net periodic benefit income cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	3,951	(18,243)	771	(27,827)
Total assets	132,639	185,375	132,639	185,375
Depreciation and amortization	1,191	1,452	2,312	2,928
Capital expenditures	1,003	891	2,562	2,568
Operating Segments | Licensed Brands Group
Segment Reporting Information [Line Items]
Net sales	41,966	19,114	86,798	43,795
Segment operating income (loss)	991	(1,222)	3,552	(3,723)
Goodwill impairment				0
Asset impairments and other	0	0	0	0
Operating income (loss)	991	(1,222)	3,552	(3,723)
Other components of net periodic benefit income cost	0	0	0	0
Interest expense	0	0	0	0
Interest income	0	0	0	0
Earnings (loss) from continuing operations before income taxes	991	(1,222)	3,552	(3,723)
Total assets	50,438	84,730	50,438	84,730
Depreciation and amortization	270	356	554	823
Capital expenditures	215	103	480	75
Corporate & Other
Segment Reporting Information [Line Items]
Net sales	0	0	0	0
Segment operating income (loss)	(18,962)	(4,118)	(29,423)	(8,762)
Goodwill impairment				(79,259)
Asset impairments and other	(7,070)	(1,733)	(9,740)	(9,594)
Operating income (loss)	(26,032)	(5,851)	(39,163)	(97,615)
Other components of net periodic benefit income cost	(56)	182	(17)	306
Interest expense	(752)	(1,965)	(1,621)	(3,014)
Interest income	135	47	275	240
Earnings (loss) from continuing operations before income taxes	(26,705)	(7,587)	(40,526)	(100,083)
Total assets	462,610	395,056	462,610	395,056
Depreciation and amortization	364	390	698	778
Capital expenditures	773	101	1,503	309
Intercompany Sales
Segment Reporting Information [Line Items]
Net sales	(296)	(357)	(454)	(745)
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 Group
Segment Reporting Information [Line Items]
Net sales	$ (296)	$ (357)	$ (454)	$ (745)

Business Segment Information _2

Business Segment Information - Schedule of Business Segment Information (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 31, 2021	Aug. 01, 2020	Jul. 31, 2021	Aug. 01, 2020
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 7,070	$ 1,733	$ 9,740	$ 9,594
Insurance gain	600		600
Long-lived assets	812,900	890,800	812,900	890,800
Goodwill impairment	0	0	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	129,400	151,300	129,400	151,300
Canada
Segment Reporting Information [Line Items]
Long-lived assets	30,300	39,800	30,300	39,800
Journeys Group | Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net				4,900
Schuh Group
Segment Reporting Information [Line Items]
Goodwill impairment				79,300
Johnston & Murphy Group | Trademarks
Segment Reporting Information [Line Items]
Asset impairments and other, net				400
Professional Fees Related to Actions of Activist Shareholder
Segment Reporting Information [Line Items]
Asset impairments and other, net	6,200		8,500
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net	1,400	1,700	1,800	4,800
Retail Store Asset Impairments | Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	600	1,300	800	2,000
Retail Store Asset Impairments | Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	700	$ 400	800	1,600
Retail Store Asset Impairments | Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other, net	$ 100		$ 200	$ 1,200