Quarterly report pursuant to Section 13 or 15(d)

Business Segments and Sales by Product Group (Tables)

v3.21.2
Business Segments and Sales by Product Group (Tables)
6 Months Ended
Jul. 31, 2021
Segment Reporting [Abstract]  
Net sales by segment and significant product groups [Table Text Block]

Net Sales by Segment and Significant Product Groups

Three-Month Periods Ended

Six-Month Periods Ended

    

July 31,

    

August 1,

    

July 31,

    

August 1,

    

2021

2020

2021

2020

(in thousands)

ShopHQ

Net merchandise sales by category:

 

  

 

  

 

  

 

  

 

Jewelry & Watches

$

41,045

$

39,058

$

84,299

$

78,460

Home

 

14,359

 

12,375

 

27,545

 

25,142

Beauty & Health

 

16,659

 

46,571

 

35,905

 

67,434

Fashion & Accessories

 

12,111

 

10,951

 

25,691

 

23,675

All other (primarily shipping & handling revenue)

 

9,936

 

11,715

 

20,531

 

19,758

Total ShopHQ

 

94,110

 

120,670

 

193,971

 

214,469

Emerging Business

 

19,332

 

3,845

 

32,673

 

5,880

Consolidated net sales

$

113,442

$

124,515

$

226,644

$

220,349

Performance measures by segment [Table Text Block]

Performance Measures by Segment

Three-Month Periods Ended

Six-Month Periods Ended

    

July 31,

    

August 1,

    

July 31,

    

August 1,

    

2021

2020

2021

2020

(in thousands)

Gross profit

  

  

ShopHQ

$

39,690

$

44,731

$

80,006

$

79,686

Emerging Business

8,296

1,561

$

13,987

$

2,163

Consolidated gross profit

$

47,986

$

46,292

$

93,993

$

81,849

Operating income (loss)

 

  

 

  

 

  

 

  

ShopHQ

$

(2,775)

$

3,748

$

(4,666)

$

(55)

Emerging Business

 

405

 

(1,277)

 

246

 

(3,109)

Consolidated operating income (loss)

$

(2,370)

$

2,471

$

(4,420)

$

(3,164)

Depreciation and amortization

 

  

 

  

 

  

 

  

ShopHQ (a)

$

8,377

$

7,678

$

16,235

$

10,418

Emerging Business

 

185

 

162

 

653

 

327

Consolidated depreciation and amortization

$

8,562

$

7,840

$

16,888

$

10,745

(a) Includes distribution facility depreciation of $951,000 and $998,000 for the three-month periods ended July 31, 2021 and August 1, 2020 and $1,902,000 and $2,021,000 for six-month periods ended July 31, 2021 and August 1, 2020. Distribution facility depreciation is included as a component of cost of sales within the accompanying condensed consolidated statements of operations.