Annual report pursuant to Section 13 and 15(d)

SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

v3.20.1
SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)
12 Months Ended
Feb. 01, 2020
SEGMENTS AND GEOGRAPHIC INFORMATION  
Schedule of net sales by country and sales by product category

Our net sales by country and sales by product category are as follows (in thousands):

Fiscal Year

    

2019

    

2018

2017

Net Sales:

United States (1)

$

4,597,262

$

4,783,903

$

4,856,275

Canada

 

474,775

 

488,041

 

505,685

Total

$

5,072,037

$

5,271,944

$

5,361,960

Sales by Product Category:

General crafts

$

2,389,745

$

2,604,905

$

2,685,787

Home décor and seasonal

 

1,167,418

 

1,230,054

 

1,177,069

Custom and ready-made framing

 

816,869

 

801,075

 

875,944

Papercrafting

 

698,005

 

635,910

 

623,160

Total

$

5,072,037

$

5,271,944

$

5,361,960

(1) In March 2018 we closed our Aaron Brothers stores and in January 2019 we closed our Pat Catan’s stores. For fiscal 2018 and 2017, Pat Catan’s net sales totaled approximately $109.6 million and $113.4 million, respectively. For fiscal 2018 and fiscal 2017 Aaron Brothers net sales totaled approximately $12.9 million and $110.4 million, respectively. 

Schedule of total assets by country

Our total assets by country are as follows (in thousands):

Fiscal Year

    

2019

    

2018

Total Assets:

United States (1)

$

3,527,374

$

1,949,836

Canada

 

310,721

 

178,500

Total

$

3,838,095

$

2,128,336

(1) In fiscal 2019, we wrote-off $40.1 million of assets in connection with the impairments taken on our Darice wholesale business and $2.6 million of assets in connection with the closure our Pat Catan’s stores. In fiscal 2018, we wrote-off  $97.8 million of assets in connection with the closure of our Aaron Brothers and Pat Catan’s stores.