Genesco (GCO) 10-K22 Mar 232023 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Jan. 28, 2023	Mar. 10, 2023	Jul. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jan. 28, 2023
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	535 Marriott Drive
Entity Address, City or Town	Nashville
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37214
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 Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 733,000,000
Entity Common Stock Shares Outstanding		12,599,115
Entity Central Index Key	0000018498
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--01-28
Documents Incorporated by Reference	Certain portions of registrant’s Definitive Proxy Statement for its 2023 Annual Meeting of Shareholders (which is expected to be filed with the Securities and Exchange Commission within 120 days after the end of the registrant’s fiscal year ended January 28, 2023) are incorporated by reference into Part III of this Annual Report on Form 10-K..
Auditor Name	Ernst & Young LLP
Auditor Location	Nashville, Tennessee
Auditor Firm ID	42

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 28, 2023		Jan. 29, 2022
Current Assets:
Cash	$ 47,990		$ 320,525
Accounts receivable, net of allowances of $3,710 at January 28, 2023 and $4,656 at January 29, 2022	40,818		39,509
Inventories	458,017		278,200
Prepaids and other current assets	25,844		71,564
Total current assets	572,669		709,798
Property and equipment, net	233,733		216,308
Operating lease right of use asset	470,991		543,789
Goodwill	38,123		38,556
Other intangibles	27,430		29,855
Non-current prepaid income taxes	54,111		0
Deferred income taxes	28,563		1,466
Other noncurrent assets	30,806		22,327
Total Assets	1,456,426	[1]	1,562,099	[2]
Current Liabilities:
Accounts payable	144,998		152,484
Current portion - operating lease liability	134,458		145,088
Other accrued liabilities	81,327		134,156
Total current liabilities	360,783		431,728
Long-term debt	44,858		15,679
Long-term operating lease liability	401,113		471,878
Other long-term liabilities	42,706		40,346
Total liabilities	849,460		959,631
Commitments and contingent liabilities
Equity
Non-redeemable preferred stock	815		827
Common equity:
Common stock, $1 par value: Authorized: 80,000,000 shares Issued common stock	13,089		14,256
Additional paid-in capital	305,260		291,444
Retained earnings	346,870		350,206
Accumulated other comprehensive loss	(41,211)		(36,408)
Treasury shares, at cost (488,464 shares)	(17,857)		(17,857)
Total equity	606,966		602,468
Total Liabilities and Equity	$ 1,456,426		$ 1,562,099

[1] Of our $ 704.7 million of long-lived assets, $ 93.3 million and $ 18.8 million relate to long-lived assets in the U.K. and Canada, respectively. Of our $ 760.1 million of long-lived assets, $ 113.9 million and $ 26.0 million relate to long-lived assets in the U.K. and Canada, respectively.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Current Assets:
Allowances on accounts receivable	$ 3,710	$ 4,656
Common equity:
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	80,000,000	80,000,000
Treasury shares, at cost (in shares)	488,464	488,464

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 28, 2023		Jan. 29, 2022		Jan. 30, 2021
Income Statement [Abstract]
Net sales	$ 2,384,888	[1]	$ 2,422,084	[2]	$ 1,786,530	[3]
Cost of sales	1,248,698		1,240,948		982,063
Gross margin	1,136,190		1,181,136		804,467
Selling and administrative expenses	1,042,094		1,033,625		813,775
Goodwill impairment	0		0		79,259	[4]
Asset impairments and other, net	855	[5]	(8,056)	[6]	18,682	[7]
Operating income (loss)	93,241		155,567		(107,249)
Other components of net periodic benefit cost (income)	248		128		(670)
Interest expense (net of interest income of $0.3 million, $0.6 million and $0.3 million for Fiscal 2023, 2022 and 2021, respectively)	2,920		2,448		5,090
Earnings (loss) from continuing operations before income taxes	90,073		152,991		(111,669)
Income tax expense (benefit)	17,831		38,044		(55,641)
Earnings (loss) from continuing operations	72,242		114,947		(56,028)
Loss from discontinued operations, net of tax	(327)		(97)		(401)
Net Earnings (Loss)	$ 71,915		$ 114,850		$ (56,429)
Basic earnings (loss) per common share:
Continuing operations (in dollars per share)	$ 5.80		$ 8.11		$ (3.94)
Discontinued operations (in dollars per share)	(0.03)		0		(0.03)
Net earnings (loss) (in dollars per share)	5.77		8.11		(3.97)
Diluted earnings (loss) per common share:
Continuing operations (in dollars per share)	5.69		7.92		(3.94)
Discontinued operations (in dollars per share)	(0.03)		0		(0.03)
Net earnings (loss) (in dollars per share)	$ 5.66		$ 7.92		$ (3.97)
Weighted average shares outstanding:
Basic (in shares)	12,457		14,170		14,216
Diluted (in shares)	12,707		14,509		14,216

[1] Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 82 % and 18 % , respectively, of our net sales for Fiscal 2023. Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2022. Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2021. Goodwill impairment of $ 79.3 million is related to Schuh Group. Asset impairments and other includes a $ 1.6 million charge for asset impairments, of which $ 0.8 million is in the Journeys Group, $ 0.5 million is in the Johnston & Murphy Group, $ 0.2 million is in the Schuh Group and $ 0.1 million is in Genesco Brands Group, partially offset by a $ 0.7 million gain on the termination of the pension plan. Asset impairments and other includes an $ 18.1 million gain on the sale of a distribution warehouse and a $ 0.6 million insurance gain, partially offset by $ 8.6 million for professional fees related to the actions of a shareholder activist and a $ 2.0 million charge for asset impairments, of which $ 1.0 million is in the Journeys Group, $ 0.8 million is in the Schuh Group and $ 0.2 million is in the Johnston & Murphy Group. Asset impairments and other includes a $ 13.8 million charge for asset impairments, of which $ 7.0 million is in the Johnston & Murphy Group, $ 4.1 million is in the Journeys Group and $ 2.7 million is in the Schuh Group, and a $ 5.3 million charge for trademark impairment, partially offset by a $ 0.4 million gain for the release of an earnout related to the Togast acquisition.

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Income Statement [Abstract]
Interest income	$ 0.3	$ 0.6	$ 0.3

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ 71,915	$ 114,850	$ (56,429)
Other comprehensive income (loss):
Postretirement liability adjustment net of tax of $0.1 million, $0.3 million and $0.1 million for 2023, 2022 and 2021, respectively	340	(735)	314
Foreign currency translation adjustments	(5,143)	(613)	(3,705)
Total other comprehensive loss	(4,803)	(1,348)	(3,391)
Comprehensive Income (Loss)	$ 67,112	$ 113,502	$ (59,820)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Other comprehensive income (loss):
Postretirement liability adjustment, tax	$ 0.1	$ 0.3	$ 0.1

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings (loss)	$ 71,915	$ 114,850	$ (56,429)
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	42,818	42,969	46,499
Deferred income taxes	(26,394)	(18,710)	39,142
Impairment of intangible assets	0	0	84,519
Impairment of long-lived assets	1,550	2,049	13,871
Share-based compensation expense	14,017	9,132	8,460
Provision for discontinued operations	440	132	345
Gain on sale of assets	159	(19,140)	0
Other	225	766	3,916
Changes in working capital and other assets and liabilities, net of acquisitions/dispositions:
Accounts receivable	(1,082)	(8,280)	(4,159)
Inventories	(183,583)	10,829	76,525
Prepaids and other current assets	45,386	58,388	(97,842)
Accounts payable	(11,839)	3,763	29,631
Other accrued liabilities	(49,276)	50,927	(7,732)
Other assets and liabilities	(69,220)	(7,805)	20,995
Net cash provided by (used in) operating activities	(164,884)	239,870	157,741
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(59,934)	(53,905)	(24,130)
Other investing activities	0	74	0
Acquisitions, net of cash acquired	0	(80)	0
Proceeds from asset sales	0	20,013	110
Net cash used in investing activities	(59,934)	(33,898)	(24,020)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving credit facility	338,818	29,283	221,310
Payments on revolving credit facility	(308,768)	(46,516)	(205,327)
Shares repurchased related to share repurchase plan	(77,470)	(78,068)	0
Shares repurchased related to taxes for share-based awards	(3,942)	(4,076)	(1,223)
Change in overdraft balances	5,976	(516)	(16,573)
Additions to deferred financing costs	(144)	(1,276)	(1,350)
Other	0	0	(1)
Net cash used in financing activities	(45,530)	(101,169)	(3,164)
Effect of foreign exchange rate fluctuations on cash	(2,187)	631	3,116
Net Increase (Decrease) in Cash	(272,535)	105,434	133,673
Cash at beginning of year	320,525	215,091	81,418
Cash at end of year	47,990	320,525	215,091
Supplemental information:
Interest paid	2,742	2,331	4,386
Income taxes paid (refunded)	50,562	(178)	7,685
Cash paid for amounts included in measurement of operating lease liabilities	180,042	193,661	142,908
Operating leased assets obtained in exchange for new operating lease liabilities	$ 93,068	$ 80,378	$ 38,731

Consolidated Statements of Equi

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)	(56,429)				(56,429)
Other comprehensive loss	(3,391)					(3,391)
Share-based compensation expense	8,460			8,460
Restricted stock issuance			467	(467)
Restricted shares withheld for taxes	(1,223)		(65)	65	(1,223)
Other	(1)		(150)	149
Ending 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)	114,850				114,850
Other comprehensive loss	(1,348)					(1,348)
Share-based compensation expense	9,132			9,132
Restricted stock issuance			244	(244)
Restricted shares withheld for taxes	(4,076)		(65)	65	(4,076)
Shares repurchased	(82,849)		(1,361)		(81,488)
Other		(182)		183		(1)
Ending balance at Jan. 29, 2022	602,468	827	14,256	291,444	350,206	(36,408)	(17,857)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	71,915				71,915
Other comprehensive loss	(4,803)					(4,803)
Share-based compensation expense	14,017			14,017
Restricted stock issuance			316	(316)
Restricted shares withheld for taxes	(3,942)		(73)	73	(3,942)
Shares repurchased	(72,689)		(1,380)		(71,309)
Other		(12)	(30)	42
Ending balance at Jan. 28, 2023	$ 606,966	$ 815	$ 13,089	$ 305,260	$ 346,870	$ (41,211)	$ (17,857)

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Jan. 28, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Not e 1 Summary of Significant Accounting Policies Nature of Operations Genesco Inc. and its subsidiaries business includes the sourcing and design, marketing and distribution of footwear, apparel and accessories through retail stores in the U.S., Puerto Rico and Canada primarily under the Journeys ® , Journeys Kidz ® , Little Burgundy ® and Johnston & Murphy ® banners and under the Schuh banner in the U.K. and the ROI; through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, littleburgundyshoes.com, johnstonmurphy.com, johnstonmurphy.ca, nashvilleshoewarehouse.com and dockersshoes.com and at wholesale, primarily under our Johnston & Murphy brand, the licensed Dockers ® brand, the licensed Levi's ® brand, the licensed G.H. Bass ® brand and other brands that we license for footwear. At January 28, 2023, we operated 1,410 retail stores in the U.S., Puerto Rico, Canada, the U.K. and the ROI. During Fiscal 2023, 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) Genesco Brands Group, formerly Licensed Brands, comprised of the licensed Dockers, Levi's, and G.H. Bass brands, as well as other brands we license for footwear. Principles of Consolidation All subsidiaries are consolidated in our Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated. Fiscal Year Our fiscal year ends on the Saturday closest to January 31. As a result, Fiscal 2023, 2022 and 2021 were all 52-week years with 364 days. Fiscal 2023 ended on January 28, 2023, Fiscal 2022 ended on January 29, 2022 and Fiscal 2021 ended on January 30, 2021. Fiscal 2024 will be a 53-week year ending on February 3, 2024. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash Our foreign subsidiaries held cash of approximately $ 35.9 million and $ 39.7 million as of January 28, 2023 and January 29, 2022, respectively, which is included in cash on the Consolidated Balance Sheets. Our strategic plan does not require the repatriation of foreign cash in order to fund our operations in the U.S., and it is our current intention to indefinitely reinvest our foreign cash outside of the U.S. If we were to repatriate foreign cash to the U.S., we would be required to accrue and pay U.S. taxes in accordance with applicable U.S. tax rules and regulations as a result of the repatriation. Note 1 Summary of Significant Accounting Policies, Continued At January 28, 2023 and January 29, 2022, outstanding checks drawn on zero-balance accounts at certain domestic banks exceeded book cash balances at those banks by approximately $ 6.0 million and $ 0.0 million, respectively. These amounts are included in accounts payable in our Consolidated Balance Sheets. Concentration of Credit Risk and Allowances on Accounts Receivable 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 as well as by customer specific factors. In the wholesale businesses, one customer accounted for 25 % , one customer accounted for 18 % and one customer accounted for 7 % of our total trade receivables balance, while no other customer accounted for more than 6 % of our total trade receivables balance as of January 28, 2023. We establish an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information, as well as customer specific factors. We also establish allowances for sales returns, customer deductions and co-op advertising based on specific circumstances, historical trends and projected probable outcomes. Inventory Valuation In our footwear wholesale operations and our Schuh Group segment, cost for inventory that we own is determined using the first-in, first-out ("FIFO") method. Net realizable value is determined using a system of analysis which evaluates inventory at the stock number level based on factors such as inventory turn, average selling price, inventory level, and selling prices reflected in future orders for footwear wholesale. We provide a valuation allowance when the inventory has not been marked down to net realizable value based on current selling prices or when the inventory is not turning and is not expected to turn at satisfactory levels. In our retail operations, other than the Schuh Group segment, we employ the retail inventory method, applying average cost-to-retail ratios to the retail value of inventories. Under the retail inventory method, valuing inventory at the lower of cost or market is achieved as markdowns are taken or accrued as a reduction of the retail value of inventories. Inherent in the retail inventory method are subjective judgments and estimates, including merchandise mark-on, markups, markdowns and shrinkage. These judgments and estimates, coupled with the fact that the retail inventory method is an averaging process, could produce a range of cost figures. To reduce the risk of inaccuracy and to ensure consistent presentation, we employ the retail inventory method in multiple subclasses of inventory with similar gross margins, and analyze markdown requirements at the stock number level based on factors such as inventory turn, average selling price and inventory age. In addition, we accrue markdowns as necessary. These additional markdown accruals reflect all of the above factors as well as current agreements to return products to vendors and vendor agreements to provide markdown support. In addition to markdown allowances, we maintain reserves for shrinkage and damaged goods based on historical rates. Inherent in the analysis of both wholesale and retail inventory valuation are subjective judgments about current market conditions, fashion trends and overall economic conditions. Failure to make appropriate conclusions regarding these factors may result in an overstatement or understatement of inventory value. Note 1 Summary of Significant Accounting Policies, Continued Property and Equipment Property and equipment are recorded at cost and depreciated or amortized over the estimated useful life of related assets. Depreciation and amortization expense are computed principally by the straight-line method over the following estimated useful lives: Buildings and building equipment 20 - 45 years Computer hardware, software and equipment 3 - 10 years Furniture and fixtures 10 years Depreciation expense related to property and equipment was approximately $ 42.3 million, $ 42.4 million and $ 45.6 million for Fiscal 2023, 2022 and 2021, respectively. Leases We recognize lease assets and corresponding lease liabilities for all operating leases on the Consolidated Balance Sheets as described under ASC 842. We evaluate renewal options and break options at lease inception and on an ongoing basis and include renewal options and break options that we are reasonably certain to exercise in our expected lease terms for calculations of the right-of-use assets and liabilities. Approximately 3 % of our leases contain renewal options. To determine the present value of lease payments not yet paid, we estimate incremental borrowing rates corresponding to the reasonably certain lease term. As most of our leases do not provide a determinable implicit rate, we estimate our collateralized incremental borrowing rate based upon a synthetic credit rating and yield curve analysis at the lease commencement or modification date in determining the present value of lease payments. For lease payments in foreign currencies, the incremental borrowing rate is adjusted to be reflective of the risk associated with the respective currency. Operating lease assets represent our right to use an underlying asset and are based upon the operating lease liabilities adjusted for prepayments or accrued lease payments, initial direct costs, lease incentives, and impairment, if any, of operating lease assets. We test right-of-use assets for impairment in the same manner as long-lived assets. Net lease costs are included within selling and administrative expenses on the Consolidated Statements of Operations. Asset Retirement Obligations An asset retirement obligation represents a legal obligation associated with the retirement of a tangible long-lived asset that is incurred upon the acquisition, construction, development, or normal operation of that long-lived asset. Our asset retirement obligations are primarily associated with leasehold improvements that we are contractually obligated to remove at the end of a lease to comply with the lease agreement. We recognize asset retirement obligations at the inception of a lease with such conditions if a reasonable estimate of fair value can be made. Asset retirement obligations are recorded in other long-term liabilities in our Consolidated Balance Sheets and are subsequently adjusted for changes in estimated asset retirement obligations. The associated estimated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and depreciated over its useful life. Our Consolidated Balance Sheets include asset retirement obligations related to leases of $ 10.8 million and $ 11.5 million as of January 28, 2023 and January 29, 2022, respectively. Note 1 Summary of Significant Accounting Policies, Continued Impairment of Long-Lived Assets We periodically assess the realizability of our long-lived assets, other than goodwill, and evaluate such assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Asset impairment is determined to exist if estimated future cash flows, undiscounted and without interest charges, are less than the carrying amount. Inherent in the analysis of impairment are subjective judgments about future cash flows. Failure to make appropriate conclusions regarding these judgments may result in an overstatement or understatement of the value of long-lived assets. We annually assess our goodwill and indefinite lived trade names for impairment and on an interim basis if indicators of impairment are present. Our annual assessment date of goodwill and indefinite lived trade names is the first day of the fourth quarter. In accordance with ASC 350, we have the option first to assess qualitative factors to determine whether events and circumstances indicate that it is more likely than not that goodwill is impaired. If, after such assessment, we conclude that the asset is not impaired, no further action is required. However, if we conclude otherwise, we are required to determine the fair value of the asset using a quantitative impairment test. The quantitative impairment test for goodwill compares the fair value of each reporting unit with the carrying value of the reporting unit with which the goodwill is associated. If the fair value of the reporting unit is less than the carrying value of the reporting unit, an impairment charge would be recorded for the amount, if any, in which the carrying value exceeds the reporting unit's fair value. We estimate fair value using the best information available, and compute the fair value derived by a combination of the market and income approach. The market approach is based on observed market data of comparable companies to determine fair value. The income approach utilizes a projection of a reporting unit’s estimated operating results and cash flows that are discounted using a weighted-average cost of capital that reflects current market conditions. A key assumption in our fair value estimate is the weighted average cost of capital utilized for discounting our cash flow projections in our income approach. The projection uses our best estimates of economic and market conditions over the projected period including growth rates in sales, costs, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates, future estimates of capital expenditures and changes in future working capital requirements. Fair Value The Fair Value Measurements and Disclosures Topic of the Codification defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value measurements. This Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Note 1 Summary of Significant Accounting Policies, Continued Level 1 - Quoted prices in active markets for identical assets or liabilities. Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. Revenue Recognition Revenue is recognized upon satisfaction of all contractual performance obligations and transfer of control to the customer. Revenue is measured as the amount of consideration we expect to be entitled to in exchange for corresponding goods. The majority of our sales are single performance obligation arrangements for retail sale transactions for which the transaction price is equivalent to the stated price of the product, net of any stated discounts applicable at a point in time. Each sales transaction results in an implicit contract with the customer to deliver a product at the point of sale. Revenue from retail sales is recognized at the point of sale, is net of estimated returns, and excludes sales and value added taxes. Revenue from catalog and internet sales is recognized at estimated time of delivery to the customer, is net of estimated returns, and excludes sales and value added taxes. Wholesale revenue is recorded net of estimated returns and allowances for markdowns, damages and miscellaneous claims when the related goods have been shipped and legal title has passed to the customer. Actual amounts of markdowns have not differed materially from estimates. Shipping and handling costs charged to customers are included in net sales. We exclude sales and value added tax collected on behalf of third parties from transaction price. A provision for estimated returns is provided through a reduction of sales and cost of goods sold in the period that the related sales are recorded. Estimated returns are based on historical returns and claims. Actual returns and claims in any future period may differ from historical experience. Revenue from gift cards is deferred and recognized upon the redemption of the cards. These cards have no expiration date. Income from unredeemed cards is recognized on the Consolidated Statements of Operations within net sales in proportion to the pattern of rights exercised by the customer in future periods. We perform an evaluation of historical redemption patterns from the date of original issuance to estimate future period redemption activity. Our Consolidated Balance Sheets include an accrued liability for gift cards of $ 6.0 million and $ 6.3 million as of January 28, 2023 and January 29, 2022, respectively. Gift card breakage recognized as revenue was $ 1.0 million, $ 1.0 million and $ 0.8 million for Fiscal 2023, 2022 and 2021, respectively. During Fiscal 2023, we recognized $ 4.1 million of gift card redemptions and gift card breakage revenue that were included in the gift card liability as of January 29, 2022. Cost of Sales For our retail operations, the cost of sales includes actual product cost, the cost of transportation to our warehouses from suppliers, the cost of transportation from our warehouses to the stores and the cost of transportation from our warehouses to the customer. Additionally, the cost of our distribution facilities allocated to our retail operations is included in cost of sales. Note 1 Summary of Significant Accounting Policies, Continued For our wholesale operations, the cost of sales includes the actual product cost and the cost of transportation to the Company’s warehouses from suppliers. Selling and Administrative Expenses Selling and administrative expenses include all operating costs excluding (i) those related to the transportation of products from the supplier to the warehouse, (ii) for our retail operations, those related to the transportation of products from the warehouse to the store and from the warehouse to the customer and (iii) costs of our distribution facilities which are allocated to our retail operations. Wholesale costs of distribution are included in selling and administrative expenses on our Consolidated Statements of Operations in the amounts of $ 12.4 million, $ 12.8 million and $ 10.1 million for Fiscal 2023, 2022 and 2021, respectively. We record buying, merchandising and occupancy costs in selling and administrative expense. Because we do not include these costs in cost of sales, our gross margin may not be comparable to other retailers that include these costs in the calculation of gross margin. Retail occupancy costs recorded in selling and administrative expense were $ 307.5 million, $ 299.6 million and $ 269.8 million for Fiscal 2023, 2022 and 2021, respectively. Shipping and Handling Costs Shipping and handling costs related to inventory purchased from suppliers are included in the cost of inventory and are charged to cost of sales in the period that the inventory is sold. All other shipping and handling costs are charged to cost of sales in the period incurred except for wholesale costs of distribution and shipping costs for product shipped from stores, which are included in selling and administrative expenses in our Consolidated Statements of Operations. Advertising Costs Advertising costs are predominantly expensed as incurred. Advertising costs were $ 118.5 million, $ 106.4 million and $ 80.1 million for Fiscal 2023, 2022 and 2021, respectively. Consideration to Resellers In our wholesale businesses, we do not have any written buy-down programs with retailers, but we have provided certain retailers with markdown allowances for obsolete and slow-moving products that are in the retailer’s inventory. We estimate these allowances and provide for them as reductions to revenues at the time revenues are recorded. Markdowns are negotiated with retailers and changes are made to the estimates as agreements are reached. Actual amounts for markdowns have not differed materially from estimates. Cooperative Advertising Cooperative advertising funds are made available to most of our wholesale footwear customers. In order for retailers to receive reimbursement under such programs, the retailer must meet specified advertising guidelines and provide appropriate documentation of expenses to be reimbursed. Our cooperative advertising agreements require that wholesale customers present documentation or other evidence of specific advertisements or display materials used for our products by submitting the actual print advertisements presented in catalogs, newspaper inserts or other advertising circulars, or by permitting physical inspection Note 1 Summary of Significant Accounting Policies, Continued of displays. Additionally, our cooperative advertising agreements require that the amount of reimbursement requested for such advertising or materials be supported by invoices or other evidence of the actual costs incurred by the retailer. Vendor Allowances From time to time, we negotiate allowances from our vendors for markdowns taken or expected to be taken. These markdowns are typically negotiated on specific merchandise and for specific amounts. These specific allowances are recognized as a reduction in cost of sales in the period in which the markdowns are taken. Markdown allowances not attached to specific inventory on hand or already sold are applied to concurrent or future purchases from each respective vendor. We receive support from some of our vendors in the form of reimbursements for cooperative advertising and catalog costs for the launch and promotion of certain products. The reimbursements are agreed upon with vendors and represent specific, incremental, identifiable costs incurred by us to sell the vendor’s specific products. Such costs and the related reimbursements are accumulated and monitored on an individual vendor basis, pursuant to the respective cooperative advertising agreements with vendors. Such cooperative advertising reimbursements are recorded as a reduction of selling and administrative expenses in the same period in which the associated expense is incurred. If the amount of cash consideration received exceeds the costs being reimbursed, such excess amount would be recorded as a reduction of cost of sales. Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $ 16.3 million, $ 10.7 million and $ 6.2 million for Fiscal 2023, 2022 and 2021, respectively. During Fiscal 2023, 2022 and 2021, our vendor reimbursements of cooperative advertising received were not in excess of the costs incurred. Foreign Currency Translation The functional currency of our foreign operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date. Income and expense accounts are translated at monthly average exchange rates. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss within shareholders' equity. Gains and losses from certain foreign currency transactions were not material for Fiscal 2023, 2022 and 2021. Commitments As a result of the Togast acquisition, 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 January 28, 2023, the related inventory owned by Samsung had a historical cost of $ 17.5 million. As of January 28, 2023, we believe that we have appropriately accounted for any differences between the fair value of the Samsung inventory and Samsung’s historical cost.

New Accounting Pronouncements

New Accounting Pronouncements	12 Months Ended
New Accounting Pronouncements	Jan. 28, 2023
Accounting Policies [Abstract]
New Accounting Pronouncements	Note 2 New Accounting Pronouncements New pronouncements adopted or issued but not effective until after January 28, 2023, are not expected to have a material impact on our Consolidated Financial Statements.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
Goodwill and Other Intangible Assets	Jan. 28, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Note 3 Goodwill and Other Intangible Assets Goodwill The changes in the carrying amount of goodwill by segment were as follows: (In thousands) Journeys Genesco Total Balance, January 29, 2022 $ 10,087 $ 28,469 $ 38,556 Effect of foreign currency exchange rates ( 425 ) ( 8 ) ( 433 ) Balance, January 28, 2023 $ 9,662 $ 28,461 $ 38,123 Goodwill Valuation (Genesco Brands Group) As required under ASC 350, we annually assess our goodwill and indefinite lived trade names for impairment and on an interim basis if indicators of impairment are present. Our annual assessment date of goodwill and indefinite lived trade names is the first day of the fourth quarter. In accordance with ASC 350, when indicators of impairment are present on an interim basis, we must assess whether it is “more likely than not” (i.e., a greater than 50 % chance) that an impairment has occurred. In our annual evaluation of goodwill, we determined that the fair value of the Togast reporting unit (related to the Genesco Brands Group operating segment) exceeded the carrying value of the reporting unit’s assets by 9 % . Our analyses included preparing an income approach and a market approach model. The fair value estimates under the income approach are sensitive to significant assumptions required to develop prospective financial information related to growth rates in sales, costs, and estimates of future expected changes in operating margins. Other significant assumptions relate to estimating the weighted average cost of capital utilized for discounting cash flow estimates and terminal period growth rates. These significant assumptions are affected by expectations about future market or economic conditions. The market approach model considers valuations of comparable companies as an input in the determination of the value of the reporting unit. Based upon the results of these analyses, we concluded that an impairment had not occurred. The analyses are not sensitive to 100 basis point changes in the estimated discount rate or income assumptions. However, further downward revisions of long-term performance assumptions, decreases in our stock price or increases in the assumed long-term discount rate could represent additional indicators of impairment which could result in impairment charges in the future. Note 3 Goodwill and Other Intangible Assets, Continued Goodwill Valuation (Schuh Group) During the first quarter of Fiscal 2021, we identified qualitative indicators of impairment, including a significant decline in our stock price and market capitalization resulting from the COVID-19 pandemic, since the last consideration of indicators of impairment in the fourth quarter of Fiscal 2020 for our Schuh Group reporting unit. When indicators of impairment are present on an interim basis, we must assess whether it is “more likely than not” (i.e., a greater than 50 % chance) that an impairment has occurred. Due to the identified indicators of impairment in the first quarter of Fiscal 2021, we determined that it was “more likely than not” that an impairment had occurred and performed a full valuation of our Schuh Group reporting unit. Based upon the results of these analyses, we concluded the goodwill attributed to Schuh Group was fully impaired. As a result, we recorded an impairment charge of $ 79.3 million in the first quarter of Fiscal 2021. Other intangibles by major classes were as follows: Trademarks (1) Customer Lists (2) Other (3) Total (In thousands) Jan. 28, Jan. 29, Jan. 28, Jan. 29, Jan. 28, Jan. 29, Jan. 28, Jan. 29, Gross other intangibles $ 24,077 $ 25,935 $ 6,475 $ 6,586 $ 400 $ 400 $ 30,952 $ 32,921 Accumulated amortization — — ( 3,122 ) ( 2,666 ) ( 400 ) ( 400 ) ( 3,522 ) ( 3,066 ) Other Intangibles, net $ 24,077 $ 25,935 $ 3,353 $ 3,920 $ — $ — $ 27,430 $ 29,855 (1) Includes a $ 20.9 million trademark at January 28, 2023 related to Schuh Group and $ 3.2 million related to Journeys Group. (2) Includes $ 5.1 million for the Togast acquisition. (3) Backlog for Togast. The amortization of intangibles was $ 0.6 million, $ 0.6 million and $ 0.9 million for Fiscal 2023, Fiscal 2022 and Fiscal 2021, respectively. Currently, amortization of intangibles is expected to be $ 0.6 million for each of the next five years.

Asset Impairments and Other Cha

Asset Impairments and Other Charges	12 Months Ended
Asset Impairments and Other Charges	Jan. 28, 2023
Asset Impairment Charges [Abstract]
Asset Impairments and Other Charges	Note 4 Asset Impairments and Other Charges Asset impairment charges are reflected as a reduction of the net carrying value of property and equipment and operating lease right of use assets, in asset impairment and other, net in the accompanying Consolidated Statements of Operations. We recorded a pretax charge to earnings of $ 0.9 million in Fiscal 2023, including $ 1.6 million for asset impairments, partially offset by a $ 0.7 million gain on the termination of our pension plan. We recorded a pretax gain to earnings of $ 8.1 million in Fiscal 2022, including an $ 18.1 million gain on the sale of a distribution warehouse and a $ 0.6 million insurance gain, partially offset by $ 8.6 million for professional fees related to the actions of a shareholder activist and $ 2.0 million for asset impairments. We recorded a pretax charge to earnings of $ 18.7 million in Fiscal 2021, including $ 13.8 million for asset impairments and $ 5.3 million for trademark impairment, partially offset by a $ 0.4 million gain for the release of an earnout related to the Togast acquisition.

Inventories

Inventories	12 Months Ended
Inventories	Jan. 28, 2023
Inventory Disclosure [Abstract]
Inventories	Note 5 Inventories (In thousands) January 28, 2023 January 29, 2022 Wholesale finished goods $ 84,209 $ 28,432 Retail merchandise 373,808 249,768 Total Inventories $ 458,017 $ 278,200

Property and Equipment and Othe

Property and Equipment and Other Current Accrued Liabilities	12 Months Ended
	Jan. 28, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Property and Equipment and Other Current Accrued Liabilities	Note 6 Property and Equipment and Other Current Accrued Liabilities (In thousands) January 28, 2023 January 29, 2022 Land $ 7,046 $ 7,233 Buildings and building equipment 73,707 73,962 Computer hardware, software and equipment 158,152 152,075 Furniture and fixtures 128,163 124,536 Construction in progress 36,256 42,903 Improvements to leased property 340,533 325,180 Property and equipment, at cost 743,857 725,889 Accumulated depreciation ( 510,124 ) ( 509,581 ) Total Property and Equipment, net $ 233,733 $ 216,308 Note 6 Property and Equipment and Other Current Accrued Liabilities, Continued (In thousands) January 28, 2023 January 29, 2022 Accrued employee compensation (1) $ 15,715 $ 60,575 Accrued other taxes 11,551 17,631 Accrued income taxes 2,296 2,385 Provision for discontinued operations 536 491 Other accrued liabilities 51,229 53,074 Total Other Current Accrued Liabilities $ 81,327 $ 134,156 ( 1) Includes accrual for performance-based incentive compensation of $ 2.1 million and $ 48.1 million as of January 28, 2023 and January 29, 2022, respectively.

Fair Value

Fair Value	12 Months Ended
Fair Value	Jan. 28, 2023
Fair Value Disclosures [Abstract]
Fair Value	Note 7 Fair Value The carrying amounts and fair values of our financial instruments at January 28, 2023 and January 29, 2022 are: (In thousands) January 28, 2023 January 29, 2022 Carrying Fair Carrying Fair U.S. revolver borrowings $ 30,000 $ 30,219 $ 15,679 $ 15,679 U.K. revolver borrowings 14,858 14,864 — — Debt fair values were determined using a discount cash flow analysis based on current market interest rates for similar types of financial instruments and would be classified in Level 2 within the fair value hierarchy. Carrying amounts reported on our Consolidated Balance Sheets for cash, receivables and accounts payable approximate fair value due to the short-term maturity of these instruments. As of January 28, 2023, we have $ 4.6 million of long-lived assets held and used which were measured using Level 3 inputs within the fair value hierarchy. As of January 28, 2023, we have $ 10.6 million of investments held and used which were measured using Level 1 inputs within the fair value hierarchy.

Long-Term Debt

Long-Term Debt	12 Months Ended
Long-Term Debt	Jan. 28, 2023
Debt Disclosure [Abstract]
Long-Term Debt	Note 8 Long-Term Debt Credit Facility On January 28, 2022, we entered into a Third Amendment (the “Third Amendment”) to our Fourth Amended and Restated Credit Agreement dated as of January 31, 2018 between us, certain of our subsidiaries, the lenders party thereto and Bank of America, N.A. as agent (as amended, the “Credit Facility” or the “Credit Agreement”), to, among other things, (i) extend the maturity date to January 28, 2027 , (ii) remove the first in-last out term loan that was in an amount equal to $ 17.5 million and (iii) add certain in-transit inventory to the borrowing base, subject to customary eligibility requirements. In addition, the Third Amendment makes conforming changes to replace LIBOR with the Secured Overnight Financing Rate ("SOFR"), the Sterling Overnight Index Average ("SONIA") and EURIBOR. The Total Commitments (as defined in the Credit Agreement) for the revolving loans remains at $ 332.5 million. The Credit Facility continues to be secured by certain assets of the Company and certain subsidiaries of the Company, including accounts receivable, inventory, payment intangibles and deposit accounts. Equity interests, certain equipment, intellectual property and most leasehold interests are specifically excluded. The Credit Facility continues to provide for the borrowing base to include real estate as those assets are added or maintained as collateral and contains customary real estate covenants. The current outstanding long-term debt balance of $ 44.9 million bears interest at an average rate of 6.74 % and matures January 28, 2027 . Deferred financing costs incurred in Fiscal 2022 of $ 1.2 million related to the amended Credit Facility were capitalized and are being amortized over the term of the new agreement. The remaining balance of deferred financing costs incurred related to the previous Credit Facility are being amortized over the term of the new agreement. These costs are included in other non-current assets on the Consolidated Balance Sheets. The Credit Facility is a revolving credit facility in the aggregate principal amount of $ 332.5 million, including (i) for the Company and other borrowers formed in the U.S., a $ 70.0 million sublimit for the issuance of letters of credit and a domestic swingline subfacility of up to $ 45.0 million, (ii) for GCO Canada ULC, a revolving credit subfacility in an amount not to exceed $ 70.0 million, which includes a $ 5.0 million sublimit for the issuance of letters of credit and a swingline subfacility of up to $ 5.0 million, and (iii) for Genesco (UK) Limited, a revolving credit subfacility in an aggregate amount not to exceed $ 100.0 million, which includes a $ 10.0 million sublimit for the issuance of letters of credit and a swingline subfacility of up to $ 10.0 million. Any swingline loans and any letters of credit and borrowings under the Canadian and U.K. subfacilities will reduce the availability under the Credit Facility on a dollar for dollar basis. We have the option, from time to time, to increase the availability under the Credit Facility by an aggregate amount of up to $ 200.0 million subject to, among other things, the receipt of commitments for the increased amount. In connection with this increased facility, the Canadian revolving credit subfacility may be increased by no more than $ 15.0 million and the UK revolving credit subfacility may be increased by no more than $ 100.0 million. The aggregate amount of the loans made and letters of credit issued under the Credit Facility are limited to the lesser of the facility amount ( $ 332.5 million or, if increased as described above, up to $ 532.5 million) or the "Borrowing Base", as defined in the Credit Agreement. We are required to pay a commitment fee on the actual daily unused portions of the Credit Facility at a rate of 0.20 % per annum. Note 8 Long-Term Debt, Continued The Credit Facility also permits us to incur senior debt in an amount up to the greater of $ 500.0 million or an amount that would not cause our ratio of consolidated total indebtedness to consolidated EBITDA to exceed 5.0 :1.0 provided that certain terms and conditions are met. In addition, the Credit Facility contains certain covenants that, among other things, restrict additional indebtedness, liens and encumbrances, loans and investments, acquisitions, dividends and other restricted payments, transactions with affiliates, asset dispositions, mergers and consolidations, prepayments or material amendments to certain material documents and other matters customarily restricted in such agreements. The Credit Facility does not require us to comply with any financial covenants unless Excess Availability, as defined in the Credit Agreement, is less than the greater of $ 22.5 million or 10 % of the loan cap. If and during such time as Excess Availability is less than the greater of $ 22.5 million or 10 % of the loan cap, the Credit Facility requires us to have a fixed charge coverage ratio of not less than 1.0 :1.0. Excess Availability was $ 251.2 million at January 28, 2023. The Credit Facility contains customary events of default, which if any of them occurs, would permit or require the principal of and interest on the Credit Facility to be declared due and payable as applicable. We were in compliance with all the relevant terms and conditions of the Credit Facility as of January 28, 2023. U.K. Facility Agreement On November 2, 2022, Schuh entered into a facility agreement (the "Facility Agreement") with Lloyds Bank PLC (“Lloyds”) for a £ 19.0 million revolving credit facility. The Facility Agreement expires November 2, 2025 , with options to request two one-year extensions to this termination date subject to lender approval, and bears interest at 2.35 % over the Bank of England Base Rate. This Facility Agreement replaced Schuh's Facility Letter that would have expired in October 2023. The Facility Agreement includes certain financial covenants specific to Schuh. Following certain customary events of default outlined in the Facility Agreement, payment of outstanding amounts due may be accelerated or the commitments may be terminated. The Facility Agreement is secured by charges over all of the assets of Schuh, and Schuh's subsidiary, Schuh (ROI) Limited. Pursuant to a Guarantee in favor of Lloyds in its capacity as security trustee, Genesco Inc. has guaranteed the obligations of Schuh under the Facility Agreement and certain existing ancillary facilities on an unsecured basis. We were in compliance with all the relevant terms and conditions of the Facility Agreement as of January 28, 2023. (In thousands) January 28, 2023 January 29, 2022 U.S. revolver borrowings $ 30,000 $ 15,679 U.K. revolver borrowings 14,858 — Total long-term debt 44,858 15,679 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 44,858 $ 15,679 The revolver borrowings outstanding under the Credit Facility at January 28, 2023 included $ 30.0 million U.S. revolver borrowings and $ 14.9 million ( £ 12.0 million) related to Genesco (UK) Limited. We had outstanding letters of credit of $ 9.7 million under the Credit Facility at January 28, 2023. These letters of credit support lease and insurance indemnifications.

Leases

Leases	12 Months Ended
Leases	Jan. 28, 2023
Leases [Abstract]
Leases	Note 9 Leases We lease our office space and all of our retail store locations, transportation equipment and other equipment under various noncancelable operating leases. The leases have varying terms and expire at various dates through 2037. The store leases in the United States, Puerto Rico and Canada typically have initial terms of approximately 10 years. The store leases in the U.K. and the ROI typically have initial terms of between 10 and 15 year s. Our lease portfolio includes leases with fixed base rental payments, rental payments based on a percentage of retail sales over contractual amounts and others with predetermined fixed escalations of the minimum rentals based on a defined consumer price index or percentage. Generally, most of the leases require us to pay taxes, insurance, maintenance costs and contingent rentals based on sales. We evaluate renewal options and break options at lease inception and on an ongoing basis, and include renewal options and break options that we are reasonably certain to exercise in our expected lease terms for calculations of our right-of-use assets and liabilities. Approximately 3 % of our leases contain renewal options. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. On February 10, 2020, we announced plans for our new corporate headquarters in Nashville, Tennessee. We entered into a lease agreement, which was subsequently amended, for approximately 182,000 square feet of office space which replaced our previous corporate headquarters office lease. The term of the lease is 15 years, with two options to extend for an additional period of five years each. We moved to the new corporate headquarters beginning in April 2022. Under ASC 842, for store, office and equipment leases beginning in Fiscal 2020 and later, we have elected to not separate fixed lease components and non-lease components. Accordingly, we include fixed rental payments, common area maintenance costs, promotional advertising costs and other fixed costs in our measurement of lease liabilities. Our leases do not provide an implicit rate, so the incremental borrowing rate, based on the information available at commencement or modification date, is used in determining the present value of lease payments. The incremental borrowing rate represents an estimate of the interest rate we would incur at lease commencement to borrow an amount equal to the lease payments on a collateralized basis over the term of a lease within a particular currency environment. For operating leases that commenced prior to the date of adoption of the new lease accounting guidance, we used the incremental borrowing rate that corresponded to the initial lease term as of the date of adoption. Net lease costs are included within selling and administrative expenses on the Consolidated Statements of Operations. The table below presents the components of lease cost for operating leases for the years ended January 28, 2023, January 29, 2022 and January 30, 2021. (In thousands) Fiscal 2023 Fiscal 2022 Fiscal 2021 Operating lease cost $ 166,617 $ 174,127 $ 160,973 Variable lease cost 16,966 21,540 9,562 Less: Sublease income ( 314 ) ( 246 ) ( 165 ) Net Lease Cost $ 183,269 $ 195,421 $ 170,370 Note 9 Leases, Continued The following table reconciles the maturities of undiscounted cash flows to our operating lease liabilities recorded on the Consolidated Balance Sheets at January 28, 2023: Fiscal Years (In thousands) 2024 $ 156,304 2025 128,634 2026 105,033 2027 77,331 2028 44,781 Thereafter 103,100 Total undiscounted future minimum lease payments 615,183 Less: Amounts representing interest ( 79,611 ) Total Present Value of Operating Lease Liabilities $ 535,572 Our weighted-average remaining lease term and weighted-average discount rate for operating leases as of January 28, 2023 and January 29, 2022 are: January 28, 2023 January 29, 2022 Weighted-average remaining lease term (years) 5.5 years 5.8 years Weighted-average discount rate 5.1 % 5.0 % As of January 28, 2023, we have additional operating leases that have not yet commenced with estimated right of use liabilities of $ 12.1 million. These leases will commence in Fiscal 2024 with lease terms of 1 to 10 year s. Beginning in March 2020, as a result of the onset of the COVID-19 pandemic, we suspended rent payments under the leases for our temporarily closed stores and initiated discussions with landlords to obtain lease concessions. We considered the FASB’s guidance regarding lease concessions as a result of the effects of the COVID-19 pandemic and elected to account for lease concessions related to the effects of the COVID-19 pandemic received in Fiscal 2022 and Fiscal 2021 consistent with how those concessions would be accounted for under Topic 842 and Topic 840 as though enforceable rights and obligations for those concessions existed (regardless of whether those enforceable rights and obligations for the concessions explicitly exist in the contract). Also, in accordance with the FASB’s guidance, we applied this election for concessions related to the effects of the COVID-19 pandemic that did not result in a substantial increase in our obligations or in the rights of the landlord. We continued to recognize contractual rent expense while lease concessions were under negotiation with the respective landlord. The rent concessions were recognized in the period when the amendment was executed. COVID-19 related lease concessions decreased our contractual rent expense by approximately $ 17 million and $ 34 million during Fiscal 2022 and Fiscal 2021, respectively. As of January 29, 2022, we had an accrued liability for unpaid rent related to the closed stores of $ 2.1 million.

Equity

Equity	12 Months Ended
Equity	Jan. 28, 2023
Equity [Abstract]
Equity	Note 10 Equity Non-Redeemable Preferred Stock Number of Shares Amounts in Thousands As of Fiscal Year End As of Fiscal Year End Class Shares Authorized 2023 2022 2021 2023 2022 2021 Employees’ Subordinated Convertible Preferred 5,000,000 27,935 28,325 34,425 $ 838 $ 850 $ 1,033 Stated Value of Issued Shares 838 850 1,033 Employees’ Preferred Stock Purchase Accounts ( 23 ) ( 23 ) ( 24 ) Total Non-Redeemable Preferred Stock $ 815 $ 827 $ 1,009 Subordinated Serial Preferred Stock: Our charter permits the Board of Directors to issue Subordinated Serial Preferred Stock ( 3,000,000 shares, in aggregate, are authorized) in as many series, each with as many shares and such rights and preferences as the Board may designate. We have shares authorized for $ 2.30 Series 1, $ 4.75 Series 3, $ 4.75 Series 4, Series 6 and $ 1.50 Subordinated Cumulative Preferred stocks in amounts of 64,368 shares, 40,449 shares, 53,764 shares, 800,000 shares and 5,000,000 shares, respectively. All of these preferred stocks were mandatorily redeemed by us in Fiscal 2014. As a result, there are no outstanding shares for any preferred issues of stock other than Employees' Subordinated Convertible Preferred stock shown in the table above. Employees’ Subordinated Convertible Preferred Stock: Stated and liquidation values are 88 times the average quarterly per share dividend paid on common stock for the previous eight quarters (if any), but in no event less than $ 30 per share. Each share of this issue of preferred stock is convertible into one share of common stock and has one vote per share. Common Stock: Common stock-$ 1 par value. Authorized: 80,000,000 shares; issued: January 28, 2023 – 13,088,782 shares; January 29, 2022 – 14,256,408 shares. There were 488,464 shares held in treasury at January 28, 2023 and January 29, 2022. Each outstanding share is entitled to one vote. At January 28, 2023, common shares were reserved as follows: 27,935 shares for conversion of preferred stock and 704,556 shares for the 2020 Genesco Inc. Equity Incentive Plan (the "2020 Plan"). For the year ended January 28, 2023, 299,914 shares of common stock were issued as restricted shares as part of the 2020 Plan; 16,536 shares were issued to directors in exchange for their services; 73,137 shares were withheld for taxes on restricted stock vested in Fiscal 2023; 31,057 shares of restricted stock were forfeited in Fiscal 2023; and 390 shares were issued in miscellaneous conversions of Employees’ Subordinated Convertible Preferred Stock. In addition, the Company repurchased and retired 1,380,272 shares of common stock at an average weighted market price of $ 52.66 for a total of $ 72.7 million. Note 10 Equity, Continued For the year ended January 29, 2022, 229,363 shares of common stock were issued as restricted shares as part of the 2020 Plan; 14,936 shares were issued to directors in exchange for their services; 64,535 shares were withheld for taxes on restricted stock vested in Fiscal 2022; 6,885 shares of restricted stock were forfeited in Fiscal 2022; and 6,100 shares were issued in miscellaneous conversions of Employees’ Subordinated Convertible Preferred Stock. In addition, we repurchased and retired 1,360,909 shares of common stock at an average weighted market price of $ 60.88 for a total of $ 82.8 million. For the year ended January 30, 2021, 428,362 shares of common stock were issued as restricted shares as part of the Second Amended and Restated 2009 Genesco Inc. Equity Incentive Plan; 38,723 shares were issued to directors in exchange for their services; 64,382 shares were withheld for taxes on restricted stock vested in Fiscal 2021; 150,050 shares of restricted stock were forfeited in Fiscal 2021; and 15 shares were issued in miscellaneous conversions of Employees’ Subordinated Convertible Preferred Stock. We did no t repurchase any shares of common stock in Fiscal 2021. Restrictions on Dividends and Redemptions of Capital Stock: Our charter provides that no dividends may be paid and no shares of capital stock acquired for value if there are dividend or redemption arrearages on any senior or equally ranked stock. Exchanges of subordinated serial preferred stock for common stock or other stock junior to such exchanged stock are permitted.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Jan. 28, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 11 Income Taxes The components of earnings from continuing operations before income taxes is comprised of the following: Fiscal Year (In thousands) 2023 2022 2021 United States $ 68,326 $ 130,517 $ ( 3,123 ) Foreign 21,747 22,474 ( 108,546 ) Total Earnings (Loss) from Continuing Operations before Income Taxes $ 90,073 $ 152,991 $ ( 111,669 ) Note 11 Income Taxes, Continued Income tax expense from continuing operations is comprised of the following: Fiscal Year (In thousands) 2023 2022 2021 Current U.S. federal $ 37,433 $ 49,354 $ ( 106,397 ) International 2,984 3,555 1,391 State 3,808 3,845 10,223 Total Current Income Tax Expense (Benefit) 44,225 56,754 ( 94,783 ) Deferred U.S. federal ( 25,704 ) ( 22,542 ) 48,511 International 748 54 2,773 State ( 1,438 ) 3,778 ( 12,142 ) Total Deferred Income Tax Expense (Benefit) ( 26,394 ) ( 18,710 ) 39,142 Total Income Tax Expense (Benefit) – Continuing Operations $ 17,831 $ 38,044 $ ( 55,641 ) Reconciliation of the United States federal statutory rate to our effective tax rate from continuing operations is as follows: Fiscal Year 2023 2022 2021 U. S. federal statutory rate of tax 21.00 % 21.00 % 21.00 % State taxes (net of federal tax benefit) 2.08 3.94 1.35 Foreign rate differential ( 0.02 ) ( 0.11 ) ( 0.25 ) Change in valuation allowance ( 1.12 ) 1.58 ( 10.70 ) Credits ( 1.18 ) ( 0.55 ) 0.44 Permanent items 0.64 ( 0.05 ) ( 0.66 ) CARES Act — — 41.53 Outside basis difference - IRC Section 165(g) 3 — — 10.34 Goodwill impairment — — ( 13.50 ) IRS interest ( 1.46 ) — — Other ( 0.14 ) ( 0.94 ) 0.28 Effective Tax Rate 19.80 % 24.87 % 49.83 % Note 11 Income Taxes, Continued We are subject to a tax on global intangible low-tax income (“GILTI”). GILTI taxes foreign income in excess of deemed return on tangible assets of a foreign corporation and we elected to treat this tax as a period cost. The impact from GILTI was not material for Fiscal 2023, 2022 or 2021. We have a $ 54.1 million non-current prepaid income tax receivable on our Consolidated Balance Sheets as of January 28, 2023. This receivable relates to the remaining uncollected portion of our $ 107.2 million carryback of our Fiscal 2021 federal tax losses to prior tax periods under the CARES Act. The Internal Revenue Service ("IRS") is currently auditing the refund claim under the requirements of the Joint Committee on Taxation refund review process. We expect the examination process to extend greater than 12 months. We concluded that all positions in the refund claim met the more-likely-than-not standard based on the technical merits of the position and we recorded the benefit under the requirements of ASC 740. In addition, we recorded a $ 0.2 million unrecognized tax benefit related to the claim. It is possible the IRS could challenge our interpretation of the technical merits of the positions and the actual amount of the tax benefit may differ from the original refund claim. Deferred tax assets and liabilities are comprised of the following: (In thousands) January 28, 2023 January 29, 2022 Pensions $ 502 $ 553 Lease obligation 139,486 159,411 Book over tax depreciation 16,430 17,369 Expense accruals 9,471 11,965 Uniform capitalization costs 8,381 4,844 Provisions for discontinued operations and restructurings 662 596 Inventory valuation 706 394 Tax net operating loss and credit carryforwards 23,146 31,646 Allowances for bad debts and notes 760 863 Deferred compensation and restricted stock 3,012 2,736 Identified intangibles 1,162 1,409 Other 33 35 Gross deferred tax assets 203,751 231,821 Deferred tax asset valuation allowance ( 36,482 ) ( 42,195 ) Deferred tax asset net of valuation allowance 167,269 189,626 Identified intangibles ( 6,288 ) ( 6,333 ) Prepaids ( 2,045 ) ( 1,784 ) Right of use asset ( 132,050 ) ( 150,554 ) Tax over book depreciation — ( 30,421 ) Other ( 832 ) ( 1,051 ) Gross deferred tax liabilities ( 141,215 ) ( 190,143 ) Net Deferred Tax Assets (Liabilities) $ 26,054 $ ( 517 ) The deferred tax balances have been classified in our Consolidated Balance Sheets as follows: As of Fiscal Year Ended (In thousands) 2023 2022 Net non-current asset $ 28,563 $ 1,466 Net non-current liability ( 2,509 ) ( 1,983 ) Net Deferred Tax Assets (Liabilities) $ 26,054 $ ( 517 ) Note 11 Income Taxes, Continued As of January 28, 2023 and January 29, 2022, we had state net operating loss carryforwards of $ 9.0 million and $ 13.9 million, respectively. We provided a valuation allowance against these attributes of $ 3.2 million as of both January 28, 2023 and January 29, 2022. The attributes expire in fiscal years 2024 through 2039 . As of January 28, 2023 and January 29, 2022, we had state tax credits of $ 0.6 million and $ 0.5 million, respectively. These credits expire in fiscal years 2024 through 2026 . As of January 28, 2023 and January 29, 2022, we had foreign net operating loss carryforwards of $ 39.8 million and $ 50.6 million, respectively, which have a carryforward period at least 17 years. As of January 28, 2023, we have provided a total valuation allowance of approximately $ 36.5 million on deferred tax assets associated primarily with foreign and state net operating losses for which management has determined it is more likely than not that the deferred tax assets will not be realized. The $ 5.7 million net decrease in valuation allowance during Fiscal 2023 from the $ 42.2 million provided for as of January 29, 2022 relates primarily to foreign tax attributes. We removed $ 2.4 million of German deferred tax assets and an equivalent amount of valuation allowance and our entity operating in Germany was merged out of existence in the period ended January 28, 2023. Management believes that it is more likely than not that the remaining deferred tax assets will be fully realized. As of January 28, 2023, no deferred taxes have been provided on the accumulated undistributed earnings of our foreign operations beyond the amounts recorded for deemed repatriation of such earnings, as required in the Tax Cuts and Jobs Act (the "Act"). An actual repatriation of earnings from our foreign operations could still be subject to additional foreign withholding and U.S. state taxes. Based upon evaluation of our foreign operations, undistributed earnings are intended to remain permanently reinvested to finance anticipated future growth and expansion, and accordingly, deferred taxes have not been provided. If undistributed earnings of our foreign operations were not considered permanently reinvested as of January 28, 2023, an immaterial amount of additional deferred taxes would have been provided. As of January 28, 2023, foreign tax credit carryforwards of approximately $ 4.0 million were available to reduce possible future U.S. income taxes and which expire from 2028 to 2031 . As a result of the Act, we may no longer utilize certain U.S. foreign tax credit carryforwards. A valuation allowance of $ 3.8 million has been established against these credits. The following is a tabular reconciliation of the total amounts of unrecognized tax benefits. Fiscal Year (In thousands) 2023 2022 2021 Unrecognized Tax Benefit – Beginning of Period $ 178 $ 178 $ 178 Gross Increases (Decreases) – Tax Positions in a Current Period — — — Settlements — — — Lapse of Statutes of Limitations — — — Unrecognized Tax Benefit – End of Period $ 178 $ 178 $ 178 Note 11 Income Taxes, Continued The amount of unrecognized tax benefits as of January 28, 2023, January 29, 2022 and January 30, 2021, which would impact the annual effective rate if recognized were $ 0.2 million each year. The amount of unrecognized tax benefits may change during the next twelve months but we do not believe the change, if any, will be material to our consolidated financial position or results of operations. We recognize interest expense and penalties related to the above unrecognized tax benefits within income tax expense on the Consolidated Statements of Operations and it was not material for Fiscal 2023, 2022 or 2021. We recorded $ 1.7 million of interest income within income tax expense, net on the Consolidated Statements of Operations for the year ended January 28, 2023 related to our outstanding federal refund request. We file income tax returns in federal and in many state and local jurisdictions as well as foreign jurisdictions. With few exceptions, our state and local income tax returns for fiscal years ended February 1, 2020 and beyond remain subject to examination. In addition, we have subsidiaries in various foreign jurisdictions that have statutes of limitation generally ranging from two to six years . As part of the IRS audit of our federal income tax return for the fiscal year end January 30, 2021, we have extended the statute of limitations for our fiscal years February 1, 2020, forward. The CHIPS and Science Act of 2022 ("CHIPS") and the Inflation Reduction Act of 2022 ("IRA") were signed into law on August 9, 2022 and August 16, 2022, respectively. The legislation introduces new options for monetizing certain credits, a corporate alternative minimum tax and a stock repurchase excise tax. The stock repurchase excise tax is the principal provision that may be applicable to us and was effective for stock repurchases after December 31, 2022. We did no t make any stock repurchases from January 1, 2023 to our fiscal year-end on January 28, 2023. We are still evaluating the overall impact of the CHIPS and IRA laws, but reported no impact from the new legislation for our fiscal year ended January 28, 2023.

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Jan. 28, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 13 Earnings Per Share Basic earnings per share excludes dilution and is computed by dividing earnings available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities to issue common stock were exercised or converted to common stock. Weighted-average number of shares used for earnings per share is as follows: Fiscal Year (Shares in thousands) 2023 2022 2021 Weighted-average number of shares - basic 12,457 14,170 14,216 Common stock equivalents 250 339 0 Weighted-average number of shares - diluted 12,707 14,509 14,216 Common stock equivalents are excluded in Fiscal 2021 due to the loss from continuing operations. Note 13 Earnings Per Share, Continued We repurchased 1,380,272 shares during Fiscal 2023 at a cost of $ 72.7 million or an average of $ 52.66 per share. The Consolidated Statements of Cash Flows include an additional $ 4.8 million of share repurchases in Fiscal 2023 for accruals made as of January 29, 2022 due to timing of the cash settlement. We were operating under a $ 100.0 million repurchase authorization from September 2019. In February 2022, we announced a $ 100.0 million increase to the existing $ 100.0 million share repurchase authorization. As of January 28, 2023, we have $ 34.1 million remaining under the expanded share repurchase authorization. We repurchased 1,360,909 shares during Fiscal 2022 at a cost of $ 82.8 million or an average of $ 60.88 per share. We did no t repurchase any shares in Fiscal 2021. During the first quarter of Fiscal 2024, through March 22, 2023, we repurchased 135,000 shares at a cost of $ 5.0 million or an average of $ 36.67 per share.

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
Share-Based Compensation Plans	Jan. 28, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Note 14 Share-Based Compensation Plans We have share-based compensation covering certain members of management and non-employee directors. The fair value of employee restricted stock is determined based on the closing price of our stock on the date of grant. Forfeitures for restricted stock are recognized as they occur. Stock and Cash Incentive Plans Under the 2020 Plan, which became effective June 25, 2020, we may grant options, restricted shares, performance awards and other stock-based awards to our key employees, non-employee directors and consultants for up to 1.8 million shares of common stock. The 2020 Plan replaced our Second Amended and Restated 2009 Equity Incentive Plan (the “2009 Plan”). There will be no future awards under the 2009 Plan. Under both plans, the exercise price of each option equals the market price of our stock on the date of grant, and an option’s maximum term is 10 years. Options granted under the plan primarily vest 25 % per year over four years . Restricted share grants deplete the shares available for future grants at a ratio of 2.0 shares per restricted share grant. In addition, we established the 2020 Restricted Cash Incentive Program (the “Program”) in Fiscal 2021 to attract and retain executive officers and key employees. Total cash of $ 2.7 million was granted in June 2020 under this Program. Cash granted under the Program will primarily vest 25 % per year over four years . Only employees that were employed as of the grant date were eligible for the Program. The compensation paid under the Program is taxable and subject to applicable tax withholding requirements. Compensation expense recognized in selling and administrative expenses in the accompanying Consolidated Statements of Operations, for this cash grant was $ 0.6 million, $ 0.7 million and $ 0.4 million for Fiscal 2023, Fiscal 2022 and Fiscal 2021, respectively. On February 5, 2020, our chief executive officer was issued a one-time grant of stock options under the 2009 Plan of 26,620 shares with a grant date fair value of $ 500,000 . The fair value of the one-time stock option is recognized as compensation expense ratably over the vesting period. We estimated the fair value of the stock option award as of the date of the grant by applying a Black-Scholes pricing valuation model. The application of this valuation model involves assumptions that are judgmental and highly sensitive in the determination of compensation expense. The key assumptions used in determining the fair value of the stock option award granted during Fiscal 2021 were expected price volatility of 45.0 % , a risk-free rate of 1.52 % and a weighted average term of 6.25 years. This resulted in a fair value of $ 18.78 per share for this one-time stock option. Note 14 Share-Based Compensation Plans, Continued We recognized $ 0.1 million of stock option related share-based compensation in each of Fiscal 2023, Fiscal 2022 and Fiscal 2021 in selling and administrative expenses in the accompanying Consolidated Statements of Operations. As of January 28, 2023, there was $ 0.1 million of unrecognized compensation expense related to these stock options under the 2009 Plan. We did no t capitalize any share-based compensation expense. Restricted Stock Incentive Plans Director Restricted Stock The 2020 Plan permits grants to non-employee directors on such terms as the Board of Directors may approve. Restricted stock awards were made to independent directors on the date of the annual meeting of shareholders in each of Fiscal 2023, 2022 and 2021. The shares granted in each award vested on the earlier of the first anniversary of the grant date and the date of the next annual meeting of shareholders, subject to the director's continued service through that date. For awards made prior to Fiscal 2021, the director is restricted from selling, transferring, pledging or assigning the shares for three years from the grant date unless he or she earlier leaves the Board. The grants for Fiscal 2023 were valued at $ 120,000 per director, the grants for Fiscal 2022 were valued at $ 107,500 per director and the grants for Fiscal 2021 were valued at $ 91,375 per director. For Fiscal 2023, 2022 and 2021, we issued 16,536 shares, 14,936 shares and 28,266 shares, respectively, of director restricted stock. In addition, we issued 504 shares and 1,338 shares to newly elected directors in Fiscal 2022 and Fiscal 2021, respectively. We did no t issue any shares to new directors in Fiscal 2023. In addition, the 2009 Plan permitted an outside director to elect irrevocably to receive all or a specified portion of his or her annual retainers for Board membership and any committee chairmanship for the following fiscal year in a number of shares of restricted stock (the "Retainer Stock"). Shares of the Retainer Stock were granted as of the first business day of the fiscal year as to which the election was effective, subject to forfeiture to the extent not earned upon the outside director's ceasing to serve as a director or committee chairman during such fiscal year. Once the shares were earned, the director is restricted from selling, transferring, pledging or assigning the shares for an additional three years . The 2020 Plan does not permit the issuance of retainer stock. For Fiscal 2021, we issued 10,457 shares of Retainer Stock. Director retainer fees were reduced during Fiscal 2021 primarily related to the COVID-19 pandemic. In connection with the fee reduction, 2,965 shares of Retainer Stock were forfeited during Fiscal 2021. We recognized $ 1.0 million, $ 0.7 million and $ 0.9 million of director restricted stock related share-based compensation in Fiscal 2023, 2022 and 2021 in selling and administrative expenses in the accompanying Consolidated Statements of Operations. Note 14 Share-Based Compensation Plans, Continued Employee Restricted Stock Under the 2020 Plan, we issued 221,581 shares and 228,444 shares of employee restricted stock in Fiscal 2023 and Fiscal 2022, respectively. Under the 2009 Plan, we issued 427,741 shares of employee restricted stock in Fiscal 2021. Shares of employee restricted stock issued in Fiscal 2023, 2022 and 2021 primarily vest 25 % per year over four years , provided that on such date the grantee has remained continuously employed by the Company since the date of grant. In addition, we issued 77,487 shares of restricted stock to certain executive employees in lieu of a portion of their performance-based compensation in Fiscal 2023. These restricted shares vest two-thirds in Fiscal 2024 and one-third in Fiscal 2025. Total restricted shares issued in Fiscal 2023, including the annual grant to certain employees and performance-based compensation shares, were 299,068 restricted shares. Additionally, we issued 846 , 919 and 621 restricted stock units in Fiscal 2023, 2022 and 2021, respectively, to certain employees at no cost that vest over three years . The fair value of employee restricted stock is charged against income as compensation expense over the vesting period. Compensation expense recognized in selling and administrative expenses in the accompanying Consolidated Statements of Operations for these shares was $ 12.9 million, $ 8.3 million and $ 7.4 million for Fiscal 2023, 2022 and 2021, respectively. A summary of the status of our nonvested shares of our employee restricted stock as of January 28, 2023 is presented below: Nonvested Restricted Shares Shares Weighted- Nonvested at February 1, 2020 589,778 $ 41.46 Granted 427,741 19.62 Vested ( 139,962 ) 50.35 Withheld for federal taxes ( 64,382 ) 50.29 Forfeited ( 147,085 ) 36.62 Nonvested at January 30, 2021 666,090 27.98 Granted 228,444 63.40 Vested ( 162,205 ) 30.47 Withheld for federal taxes ( 64,535 ) 30.36 Forfeited ( 6,885 ) 34.89 Nonvested at January 29, 2022 660,909 39.46 Granted 299,068 57.91 Vested ( 166,638 ) 38.03 Withheld for federal taxes ( 73,137 ) 37.74 Forfeited ( 31,057 ) 42.86 Nonvested at January 28, 2023 689,145 $ 47.85 As of January 28, 2023, we had $ 23.7 million of total unrecognized compensation expense related to nonvested share-based compensation arrangements for restricted stock discussed above. That cost is expected to be recognized over a weighted average period of 1.69 years.

Legal Proceedings

Legal Proceedings	12 Months Ended
Legal Proceedings	Jan. 28, 2023
Commitments and Contingencies Disclosure [Abstract]
Legal Proceedings	Note 15 Legal Proceedings Environmental Matters The Company has legacy obligations including environmental monitoring and reporting costs related to: (i) a 2016 Consent Judgment entered into with the United States Environmental Protection Agency involving the site of a knitting mill operated by a former subsidiary of ours from 1965 to 1969 in Garden City, New York; and (ii) a 2010 Consent Decree with the Michigan Department of Natural Resources and Environment relating to our former Volunteer Leather Company facility in Whitehall, Michigan. We do not expect that future obligations related to either of these sites will 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 $ 1.7 million as of January 28, 2023, $ 1.4 million as of January 29, 2022 and $ 1.5 million as of January 30, 2021. All such provisions reflect our estimates of the most likely cost (undiscounted, including both current and noncurrent portions) of resolving the contingencies, based on facts and circumstances as of the time they were made. There is no assurance that relevant facts and circumstances will not change, necessitating future changes to the provisions. Such contingent liabilities are included in the liability arising from provision for discontinued operations on the accompanying Consolidated Balance Sheets because it relates to former facilities operated by us. We have made pretax accruals for certain of these contingencies, including approximately $ 0.4 million in Fiscal 2023, $ 0.2 million in Fiscal 2022 and $ 0.3 million in Fiscal 2021. These charges are included in loss from discontinued operations, net in the Consolidated Statements of Operations and represent changes in estimates. Guarantee Related to Discontinued Operations As part of the Lids Sports Group sales transaction, the purchaser has agreed to indemnify and hold us harmless in connection with continuing obligations and any guarantees of ours in place as of February 2, 2019 in respect of post-closing or assumed liabilities or obligations of the Lids Sports Group business. The purchaser has agreed to use commercially reasonable efforts to have any guarantees by, or continuing obligations of, the Company released. However, we are contingently liable in the event of a breach by the purchaser of any such obligation to a third-party. In addition, we are a guarantor for seven Lids Sports Group leases with lease expirations through May 2025 and estimated maximum future payments totaling $ 5.9 million as of January 28, 2023. We do not believe the fair value of the guarantees is material to our Consolidated Financial Statements. 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.

Business Segment Information

Business Segment Information	12 Months Ended
Business Segment Information	Jan. 28, 2023
Segment Reporting [Abstract]
Business Segment Information	Note 16 Business Segment Information The accounting policies of the segments are the same as those described in the summary of significant accounting policies. Our reportable segments are based on management's organization of the segments in order to make operating decisions and assess performance along types of products sold. Journeys Group and Schuh Group sell primarily branded products from other companies while Johnston & Murphy Group and Genesco Brands Group sell primarily our owned and licensed brands. Corporate assets include cash, domestic prepaid rent expense, prepaid income taxes, deferred income taxes, deferred note expense on revolver debt, corporate fixed assets, corporate operating lease right of use assets and miscellaneous investments. We do not allocate certain costs to each segment in order to make decisions and assess performance. These costs include corporate overhead, bank fees, interest expense, interest income, goodwill impairment, asset impairment charges and other, including a gain on the termination of the pension plan, a gain on the sale of a distribution warehouse, a pension settlement charge, major litigation and major lease terminations. Fiscal 2023 (In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 1,482,203 $ 432,002 $ 314,759 $ 158,684 $ — $ 2,387,648 Intercompany sales — — — ( 2,760 ) — ( 2,760 ) Net sales to external customers (1) 1,482,203 432,002 314,759 155,924 — 2,384,888 Segment operating income (loss) 94,404 17,601 14,364 ( 678 ) ( 31,595 ) 94,096 Asset impairments and other (2) — — — — 855 855 Operating income 94,404 17,601 14,364 ( 678 ) ( 32,450 ) 93,241 Other components of net periodic benefit cost — — — — 248 248 Interest expense,net — — — — 2,920 2,920 Earnings from continuing operations before income taxes $ 94,404 $ 17,601 $ 14,364 $ ( 678 ) $ ( 35,618 ) $ 90,073 Total assets at fiscal year end (3) $ 732,124 $ 198,813 $ 194,417 $ 74,526 $ 256,546 $ 1,456,426 Depreciation and amortization 28,107 6,134 4,352 898 3,327 42,818 Capital expenditures 27,237 10,330 8,154 1,429 12,784 59,934 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 82 % and 18 % , respectively, of our net sales for Fiscal 2023. (2) Asset impairments and other includes a $ 1.6 million charge for asset impairments, of which $ 0.8 million is in the Journeys Group, $ 0.5 million is in the Johnston & Murphy Group, $ 0.2 million is in the Schuh Group and $ 0.1 million is in Genesco Brands Group, partially offset by a $ 0.7 million gain on the termination of the pension plan. (3) Of our $ 704.7 million of long-lived assets, $ 93.3 million and $ 18.8 million relate to long-lived assets in the U.K. and Canada, respectively. Note 16 Business Segment Information, Continued Fiscal 2022 (In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 1,576,475 $ 423,560 $ 252,855 $ 170,619 $ — $ 2,423,509 Intercompany sales — — — ( 1,425 ) — ( 1,425 ) Net sales to external customers (1) 1,576,475 423,560 252,855 169,194 — 2,422,084 Segment operating income (loss) 165,336 19,257 7,029 6,583 ( 50,694 ) 147,511 Asset impairments and other (2) — — — — ( 8,056 ) ( 8,056 ) Operating income 165,336 19,257 7,029 6,583 ( 42,638 ) 155,567 Other components of net periodic benefit cost — — — — 128 128 Interest expense, net — — — — 2,448 2,448 Earnings from continuing operations before income taxes $ 165,336 $ 19,257 $ 7,029 $ 6,583 $ ( 45,214 ) $ 152,991 Total assets at fiscal year end (3) $ 678,680 $ 207,495 $ 128,187 $ 67,658 $ 480,079 $ 1,562,099 Depreciation and amortization 28,903 6,942 4,612 1,081 1,431 42,969 Capital expenditures 22,438 3,062 4,647 1,071 22,687 53,905 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2022. (2) Asset impairments and other includes an $ 18.1 million gain on the sale of a distribution warehouse and a $ 0.6 million insurance gain, partially offset by $ 8.6 million for professional fees related to the actions of a shareholder activist and a $ 2.0 million charge for asset impairments, of which $ 1.0 million is in the Journeys Group, $ 0.8 million is in the Schuh Group and $ 0.2 million is in the Johnston & Murphy Group. (3) Of our $ 760.1 million of long-lived assets, $ 113.9 million and $ 26.0 million relate to long-lived assets in the U.K. and Canada, respectively. Note 16 Business Segment Information, Continued Fiscal 2021 (In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 1,227,954 $ 305,941 $ 152,941 $ 101,287 $ — $ 1,788,123 Intercompany sales — — — ( 1,593 ) — ( 1,593 ) Net sales to external customers (1) 1,227,954 305,941 152,941 99,694 — 1,786,530 Segment operating income (loss) 76,896 ( 11,602 ) ( 47,624 ) ( 5,430 ) ( 21,548 ) ( 9,308 ) Goodwill impairment (2) — — — — 79,259 79,259 Asset impairments and other (3) — — — — 18,682 18,682 Operating income (loss) 76,896 ( 11,602 ) ( 47,624 ) ( 5,430 ) ( 119,489 ) ( 107,249 ) Other components of net periodic benefit income — — — — ( 670 ) ( 670 ) Interest expense, net — — — — 5,090 5,090 Earnings (loss) from continuing operations before income taxes $ 76,896 $ ( 11,602 ) $ ( 47,624 ) $ ( 5,430 ) $ ( 123,909 ) $ ( 111,669 ) Total assets at fiscal year end (4) $ 767,535 $ 232,681 $ 159,027 $ 58,320 $ 369,805 $ 1,587,368 Depreciation and amortization 29,326 8,885 5,487 1,317 1,484 46,499 Capital expenditures 16,188 2,794 4,064 356 728 24,130 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2021. (2) Goodwill impairment of $ 79.3 million is related to Schuh Group. (3) Asset impairments and other includes a $ 13.8 million charge for asset impairments, of which $ 7.0 million is in the Johnston & Murphy Group, $ 4.1 million is in the Journeys Group and $ 2.7 million is in the Schuh Group, and a $ 5.3 million charge for trademark impairment, partially offset by a $ 0.4 million gain for the release of an earnout related to the Togast acquisition. (4) Of our $ 829.6 million of long-lived assets, $ 140.9 million and $ 35.1 million relate to long-lived assets in the U.K. and Canada, respectively.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
Valuation and Qualifying Accounts	Jan. 28, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	Valuation and Qualifying Accounts Year Ended January 28, 2023 (In thousands) Beginning Charged Reductions Ending Allowances deducted from assets in the balance sheet: Accounts Receivable Allowances $ 4,656 $ ( 78 ) $ ( 868 ) $ 3,710 Markdown Allowance (1) $ 3,159 $ 4,275 $ ( 1,416 ) $ 6,018 Year Ended January 29, 2022 (In thousands) Beginning Charged Reductions Ending Allowances deducted from assets in the balance sheet: Accounts Receivable Allowances $ 5,015 $ 19 $ ( 378 ) $ 4,656 Markdown Allowance (1) $ 14,951 $ — $ ( 11,792 ) $ 3,159 Year Ended January 30, 2021 (In thousands) Beginning Charged Reductions Ending Allowances deducted from assets in the balance sheet: Accounts Receivable Allowances $ 2,940 $ 2,606 $ ( 531 ) $ 5,015 Markdown Allowance (1) $ 5,559 $ 11,080 $ ( 1,688 ) $ 14,951 (1) Reflects adjustment of merchandise inventories to realizable value. Charged to Profit and Loss column represents increases to the allowance and the Reductions column represents decreases to the allowance based on quarterly assessments of the allowance.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Jan. 28, 2023
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Genesco Inc. and its subsidiaries business includes the sourcing and design, marketing and distribution of footwear, apparel and accessories through retail stores in the U.S., Puerto Rico and Canada primarily under the Journeys ® , Journeys Kidz ® , Little Burgundy ® and Johnston & Murphy ® banners and under the Schuh banner in the U.K. and the ROI; through catalogs and e-commerce websites including the following: journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, littleburgundyshoes.com, johnstonmurphy.com, johnstonmurphy.ca, nashvilleshoewarehouse.com and dockersshoes.com and at wholesale, primarily under our Johnston & Murphy brand, the licensed Dockers ® brand, the licensed Levi's ® brand, the licensed G.H. Bass ® brand and other brands that we license for footwear. At January 28, 2023, we operated 1,410 retail stores in the U.S., Puerto Rico, Canada, the U.K. and the ROI. During Fiscal 2023, 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) Genesco Brands Group, formerly Licensed Brands, comprised of the licensed Dockers, Levi's, and G.H. Bass brands, as well as other brands we license for footwear.
Principles of Consolidation	Principles of Consolidation All subsidiaries are consolidated in our Consolidated Financial Statements. All significant intercompany transactions and accounts have been eliminated.
Fiscal Year	Fiscal Year Our fiscal year ends on the Saturday closest to January 31. As a result, Fiscal 2023, 2022 and 2021 were all 52-week years with 364 days. Fiscal 2023 ended on January 28, 2023, Fiscal 2022 ended on January 29, 2022 and Fiscal 2021 ended on January 30, 2021. Fiscal 2024 will be a 53-week year ending on February 3, 2024.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash	Cash Our foreign subsidiaries held cash of approximately $ 35.9 million and $ 39.7 million as of January 28, 2023 and January 29, 2022, respectively, which is included in cash on the Consolidated Balance Sheets. Our strategic plan does not require the repatriation of foreign cash in order to fund our operations in the U.S., and it is our current intention to indefinitely reinvest our foreign cash outside of the U.S. If we were to repatriate foreign cash to the U.S., we would be required to accrue and pay U.S. taxes in accordance with applicable U.S. tax rules and regulations as a result of the repatriation. Note 1 Summary of Significant Accounting Policies, Continued At January 28, 2023 and January 29, 2022, outstanding checks drawn on zero-balance accounts at certain domestic banks exceeded book cash balances at those banks by approximately $ 6.0 million and $ 0.0 million, respectively. These amounts are included in accounts payable in our Consolidated Balance Sheets.
Concentration of Credit Risk and Allowances on Accounts Receivable	Concentration of Credit Risk and Allowances on Accounts Receivable 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 as well as by customer specific factors. In the wholesale businesses, one customer accounted for 25 % , one customer accounted for 18 % and one customer accounted for 7 % of our total trade receivables balance, while no other customer accounted for more than 6 % of our total trade receivables balance as of January 28, 2023. We establish an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information, as well as customer specific factors. We also establish allowances for sales returns, customer deductions and co-op advertising based on specific circumstances, historical trends and projected probable outcomes.
Inventory Valuation	Inventory Valuation In our footwear wholesale operations and our Schuh Group segment, cost for inventory that we own is determined using the first-in, first-out ("FIFO") method. Net realizable value is determined using a system of analysis which evaluates inventory at the stock number level based on factors such as inventory turn, average selling price, inventory level, and selling prices reflected in future orders for footwear wholesale. We provide a valuation allowance when the inventory has not been marked down to net realizable value based on current selling prices or when the inventory is not turning and is not expected to turn at satisfactory levels. In our retail operations, other than the Schuh Group segment, we employ the retail inventory method, applying average cost-to-retail ratios to the retail value of inventories. Under the retail inventory method, valuing inventory at the lower of cost or market is achieved as markdowns are taken or accrued as a reduction of the retail value of inventories. Inherent in the retail inventory method are subjective judgments and estimates, including merchandise mark-on, markups, markdowns and shrinkage. These judgments and estimates, coupled with the fact that the retail inventory method is an averaging process, could produce a range of cost figures. To reduce the risk of inaccuracy and to ensure consistent presentation, we employ the retail inventory method in multiple subclasses of inventory with similar gross margins, and analyze markdown requirements at the stock number level based on factors such as inventory turn, average selling price and inventory age. In addition, we accrue markdowns as necessary. These additional markdown accruals reflect all of the above factors as well as current agreements to return products to vendors and vendor agreements to provide markdown support. In addition to markdown allowances, we maintain reserves for shrinkage and damaged goods based on historical rates. Inherent in the analysis of both wholesale and retail inventory valuation are subjective judgments about current market conditions, fashion trends and overall economic conditions. Failure to make appropriate conclusions regarding these factors may result in an overstatement or understatement of inventory value.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost and depreciated or amortized over the estimated useful life of related assets. Depreciation and amortization expense are computed principally by the straight-line method over the following estimated useful lives: Buildings and building equipment 20 - 45 years Computer hardware, software and equipment 3 - 10 years Furniture and fixtures 10 years Depreciation expense related to property and equipment was approximately $ 42.3 million, $ 42.4 million and $ 45.6 million for Fiscal 2023, 2022 and 2021, respectively.
Leases	Leases We recognize lease assets and corresponding lease liabilities for all operating leases on the Consolidated Balance Sheets as described under ASC 842. We evaluate renewal options and break options at lease inception and on an ongoing basis and include renewal options and break options that we are reasonably certain to exercise in our expected lease terms for calculations of the right-of-use assets and liabilities. Approximately 3 % of our leases contain renewal options. To determine the present value of lease payments not yet paid, we estimate incremental borrowing rates corresponding to the reasonably certain lease term. As most of our leases do not provide a determinable implicit rate, we estimate our collateralized incremental borrowing rate based upon a synthetic credit rating and yield curve analysis at the lease commencement or modification date in determining the present value of lease payments. For lease payments in foreign currencies, the incremental borrowing rate is adjusted to be reflective of the risk associated with the respective currency. Operating lease assets represent our right to use an underlying asset and are based upon the operating lease liabilities adjusted for prepayments or accrued lease payments, initial direct costs, lease incentives, and impairment, if any, of operating lease assets. We test right-of-use assets for impairment in the same manner as long-lived assets. Net lease costs are included within selling and administrative expenses on the Consolidated Statements of Operations.
Asset Retirement Obligation	Asset Retirement Obligations An asset retirement obligation represents a legal obligation associated with the retirement of a tangible long-lived asset that is incurred upon the acquisition, construction, development, or normal operation of that long-lived asset. Our asset retirement obligations are primarily associated with leasehold improvements that we are contractually obligated to remove at the end of a lease to comply with the lease agreement. We recognize asset retirement obligations at the inception of a lease with such conditions if a reasonable estimate of fair value can be made. Asset retirement obligations are recorded in other long-term liabilities in our Consolidated Balance Sheets and are subsequently adjusted for changes in estimated asset retirement obligations. The associated estimated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset and depreciated over its useful life. Our Consolidated Balance Sheets include asset retirement obligations related to leases of $ 10.8 million and $ 11.5 million as of January 28, 2023 and January 29, 2022, respectively.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets We periodically assess the realizability of our long-lived assets, other than goodwill, and evaluate such assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Asset impairment is determined to exist if estimated future cash flows, undiscounted and without interest charges, are less than the carrying amount. Inherent in the analysis of impairment are subjective judgments about future cash flows. Failure to make appropriate conclusions regarding these judgments may result in an overstatement or understatement of the value of long-lived assets. We annually assess our goodwill and indefinite lived trade names for impairment and on an interim basis if indicators of impairment are present. Our annual assessment date of goodwill and indefinite lived trade names is the first day of the fourth quarter. In accordance with ASC 350, we have the option first to assess qualitative factors to determine whether events and circumstances indicate that it is more likely than not that goodwill is impaired. If, after such assessment, we conclude that the asset is not impaired, no further action is required. However, if we conclude otherwise, we are required to determine the fair value of the asset using a quantitative impairment test. The quantitative impairment test for goodwill compares the fair value of each reporting unit with the carrying value of the reporting unit with which the goodwill is associated. If the fair value of the reporting unit is less than the carrying value of the reporting unit, an impairment charge would be recorded for the amount, if any, in which the carrying value exceeds the reporting unit's fair value. We estimate fair value using the best information available, and compute the fair value derived by a combination of the market and income approach. The market approach is based on observed market data of comparable companies to determine fair value. The income approach utilizes a projection of a reporting unit’s estimated operating results and cash flows that are discounted using a weighted-average cost of capital that reflects current market conditions. A key assumption in our fair value estimate is the weighted average cost of capital utilized for discounting our cash flow projections in our income approach. The projection uses our best estimates of economic and market conditions over the projected period including growth rates in sales, costs, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates, future estimates of capital expenditures and changes in future working capital requirements.
Fair Value	Fair Value The Fair Value Measurements and Disclosures Topic of the Codification defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value measurements. This Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Note 1 Summary of Significant Accounting Policies, Continued Level 1 - Quoted prices in active markets for identical assets or liabilities. Level 2 - Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.
Revenue Recognition	Revenue Recognition Revenue is recognized upon satisfaction of all contractual performance obligations and transfer of control to the customer. Revenue is measured as the amount of consideration we expect to be entitled to in exchange for corresponding goods. The majority of our sales are single performance obligation arrangements for retail sale transactions for which the transaction price is equivalent to the stated price of the product, net of any stated discounts applicable at a point in time. Each sales transaction results in an implicit contract with the customer to deliver a product at the point of sale. Revenue from retail sales is recognized at the point of sale, is net of estimated returns, and excludes sales and value added taxes. Revenue from catalog and internet sales is recognized at estimated time of delivery to the customer, is net of estimated returns, and excludes sales and value added taxes. Wholesale revenue is recorded net of estimated returns and allowances for markdowns, damages and miscellaneous claims when the related goods have been shipped and legal title has passed to the customer. Actual amounts of markdowns have not differed materially from estimates. Shipping and handling costs charged to customers are included in net sales. We exclude sales and value added tax collected on behalf of third parties from transaction price. A provision for estimated returns is provided through a reduction of sales and cost of goods sold in the period that the related sales are recorded. Estimated returns are based on historical returns and claims. Actual returns and claims in any future period may differ from historical experience. Revenue from gift cards is deferred and recognized upon the redemption of the cards. These cards have no expiration date. Income from unredeemed cards is recognized on the Consolidated Statements of Operations within net sales in proportion to the pattern of rights exercised by the customer in future periods. We perform an evaluation of historical redemption patterns from the date of original issuance to estimate future period redemption activity. Our Consolidated Balance Sheets include an accrued liability for gift cards of $ 6.0 million and $ 6.3 million as of January 28, 2023 and January 29, 2022, respectively. Gift card breakage recognized as revenue was $ 1.0 million, $ 1.0 million and $ 0.8 million for Fiscal 2023, 2022 and 2021, respectively. During Fiscal 2023, we recognized $ 4.1 million of gift card redemptions and gift card breakage revenue that were included in the gift card liability as of January 29, 2022.
Cost of Sales	Cost of Sales For our retail operations, the cost of sales includes actual product cost, the cost of transportation to our warehouses from suppliers, the cost of transportation from our warehouses to the stores and the cost of transportation from our warehouses to the customer. Additionally, the cost of our distribution facilities allocated to our retail operations is included in cost of sales. Note 1 Summary of Significant Accounting Policies, Continued For our wholesale operations, the cost of sales includes the actual product cost and the cost of transportation to the Company’s warehouses from suppliers.
Selling and Administrative Expenses	Selling and Administrative Expenses Selling and administrative expenses include all operating costs excluding (i) those related to the transportation of products from the supplier to the warehouse, (ii) for our retail operations, those related to the transportation of products from the warehouse to the store and from the warehouse to the customer and (iii) costs of our distribution facilities which are allocated to our retail operations. Wholesale costs of distribution are included in selling and administrative expenses on our Consolidated Statements of Operations in the amounts of $ 12.4 million, $ 12.8 million and $ 10.1 million for Fiscal 2023, 2022 and 2021, respectively. We record buying, merchandising and occupancy costs in selling and administrative expense. Because we do not include these costs in cost of sales, our gross margin may not be comparable to other retailers that include these costs in the calculation of gross margin. Retail occupancy costs recorded in selling and administrative expense were $ 307.5 million, $ 299.6 million and $ 269.8 million for Fiscal 2023, 2022 and 2021, respectively.
Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs related to inventory purchased from suppliers are included in the cost of inventory and are charged to cost of sales in the period that the inventory is sold. All other shipping and handling costs are charged to cost of sales in the period incurred except for wholesale costs of distribution and shipping costs for product shipped from stores, which are included in selling and administrative expenses in our Consolidated Statements of Operations.
Advertising Costs and Cooperative Advertising	Advertising Costs Advertising costs are predominantly expensed as incurred. Advertising costs were $ 118.5 million, $ 106.4 million and $ 80.1 million for Fiscal 2023, 2022 and 2021, respectively. Cooperative Advertising Cooperative advertising funds are made available to most of our wholesale footwear customers. In order for retailers to receive reimbursement under such programs, the retailer must meet specified advertising guidelines and provide appropriate documentation of expenses to be reimbursed. Our cooperative advertising agreements require that wholesale customers present documentation or other evidence of specific advertisements or display materials used for our products by submitting the actual print advertisements presented in catalogs, newspaper inserts or other advertising circulars, or by permitting physical inspection Note 1 Summary of Significant Accounting Policies, Continued of displays. Additionally, our cooperative advertising agreements require that the amount of reimbursement requested for such advertising or materials be supported by invoices or other evidence of the actual costs incurred by the retailer.
Consideration to Resellers	Consideration to Resellers In our wholesale businesses, we do not have any written buy-down programs with retailers, but we have provided certain retailers with markdown allowances for obsolete and slow-moving products that are in the retailer’s inventory. We estimate these allowances and provide for them as reductions to revenues at the time revenues are recorded. Markdowns are negotiated with retailers and changes are made to the estimates as agreements are reached. Actual amounts for markdowns have not differed materially from estimates.
Vendor Allowances	Vendor Allowances From time to time, we negotiate allowances from our vendors for markdowns taken or expected to be taken. These markdowns are typically negotiated on specific merchandise and for specific amounts. These specific allowances are recognized as a reduction in cost of sales in the period in which the markdowns are taken. Markdown allowances not attached to specific inventory on hand or already sold are applied to concurrent or future purchases from each respective vendor. We receive support from some of our vendors in the form of reimbursements for cooperative advertising and catalog costs for the launch and promotion of certain products. The reimbursements are agreed upon with vendors and represent specific, incremental, identifiable costs incurred by us to sell the vendor’s specific products. Such costs and the related reimbursements are accumulated and monitored on an individual vendor basis, pursuant to the respective cooperative advertising agreements with vendors. Such cooperative advertising reimbursements are recorded as a reduction of selling and administrative expenses in the same period in which the associated expense is incurred. If the amount of cash consideration received exceeds the costs being reimbursed, such excess amount would be recorded as a reduction of cost of sales. Vendor reimbursements of cooperative advertising costs recognized as a reduction of selling and administrative expenses were $ 16.3 million, $ 10.7 million and $ 6.2 million for Fiscal 2023, 2022 and 2021, respectively. During Fiscal 2023, 2022 and 2021, our vendor reimbursements of cooperative advertising received were not in excess of the costs incurred.
Foreign Currency Translation	Foreign Currency Translation The functional currency of our foreign operations is the applicable local currency. The translation of the applicable foreign currency into U.S. dollars is performed for balance sheet accounts using current exchange rates in effect at the balance sheet date. Income and expense accounts are translated at monthly average exchange rates. The unearned gains and losses resulting from such translation are included as a separate component of accumulated other comprehensive loss within shareholders' equity. Gains and losses from certain foreign currency transactions were not material for Fiscal 2023, 2022 and 2021.
Commitments	Commitments As a result of the Togast acquisition, 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 January 28, 2023, the related inventory owned by Samsung had a historical cost of $ 17.5 million. As of January 28, 2023, we believe that we have appropriately accounted for any differences between the fair value of the Samsung inventory and Samsung’s historical cost.
New Accounting Pronouncements	New Accounting Pronouncements New pronouncements adopted or issued but not effective until after January 28, 2023, are not expected to have a material impact on our Consolidated Financial Statements.

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	12 Months Ended
New Accounting Pronouncements (Policies)	Jan. 28, 2023
Accounting Policies [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements New pronouncements adopted or issued but not effective until after January 28, 2023, are not expected to have a material impact on our Consolidated Financial Statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Jan. 28, 2023
Accounting Policies [Abstract]
Useful Lives of Property and Equipment	Depreciation and amortization expense are computed principally by the straight-line method over the following estimated useful lives: Buildings and building equipment 20 - 45 years Computer hardware, software and equipment 3 - 10 years Furniture and fixtures 10 years

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
Goodwill and Other Intangible Assets (Tables)	Jan. 28, 2023
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 Genesco Total Balance, January 29, 2022 $ 10,087 $ 28,469 $ 38,556 Effect of foreign currency exchange rates ( 425 ) ( 8 ) ( 433 ) Balance, January 28, 2023 $ 9,662 $ 28,461 $ 38,123
Summary of Other Intangible Assets	Other intangibles by major classes were as follows: Trademarks (1) Customer Lists (2) Other (3) Total (In thousands) Jan. 28, Jan. 29, Jan. 28, Jan. 29, Jan. 28, Jan. 29, Jan. 28, Jan. 29, Gross other intangibles $ 24,077 $ 25,935 $ 6,475 $ 6,586 $ 400 $ 400 $ 30,952 $ 32,921 Accumulated amortization — — ( 3,122 ) ( 2,666 ) ( 400 ) ( 400 ) ( 3,522 ) ( 3,066 ) Other Intangibles, net $ 24,077 $ 25,935 $ 3,353 $ 3,920 $ — $ — $ 27,430 $ 29,855 (1) Includes a $ 20.9 million trademark at January 28, 2023 related to Schuh Group and $ 3.2 million related to Journeys Group. (2) Includes $ 5.1 million for the Togast acquisition. (3) Backlog for Togast.

Inventories (Tables)

Inventories (Tables)	12 Months Ended
Inventories (Tables)	Jan. 28, 2023
Inventory Disclosure [Abstract]
Schedule of Inventories	(In thousands) January 28, 2023 January 29, 2022 Wholesale finished goods $ 84,209 $ 28,432 Retail merchandise 373,808 249,768 Total Inventories $ 458,017 $ 278,200

Property and Equipment and Ot_2

Property and Equipment and Other Current Accrued Liabilities (Tables)	12 Months Ended
	Jan. 28, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Property and Equipment, Net	(In thousands) January 28, 2023 January 29, 2022 Land $ 7,046 $ 7,233 Buildings and building equipment 73,707 73,962 Computer hardware, software and equipment 158,152 152,075 Furniture and fixtures 128,163 124,536 Construction in progress 36,256 42,903 Improvements to leased property 340,533 325,180 Property and equipment, at cost 743,857 725,889 Accumulated depreciation ( 510,124 ) ( 509,581 ) Total Property and Equipment, net $ 233,733 $ 216,308
Schedule of Other Accrued Liabilities	(In thousands) January 28, 2023 January 29, 2022 Accrued employee compensation (1) $ 15,715 $ 60,575 Accrued other taxes 11,551 17,631 Accrued income taxes 2,296 2,385 Provision for discontinued operations 536 491 Other accrued liabilities 51,229 53,074 Total Other Current Accrued Liabilities $ 81,327 $ 134,156 ( 1) Includes accrual for performance-based incentive compensation of $ 2.1 million and $ 48.1 million as of January 28, 2023 and January 29, 2022, respectively.

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
Fair Value (Tables)	Jan. 28, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Values of Financial Instruments	The carrying amounts and fair values of our financial instruments at January 28, 2023 and January 29, 2022 are: (In thousands) January 28, 2023 January 29, 2022 Carrying Fair Carrying Fair U.S. revolver borrowings $ 30,000 $ 30,219 $ 15,679 $ 15,679 U.K. revolver borrowings 14,858 14,864 — —

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
Long-Term Debt (Tables)	Jan. 28, 2023
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	(In thousands) January 28, 2023 January 29, 2022 U.S. revolver borrowings $ 30,000 $ 15,679 U.K. revolver borrowings 14,858 — Total long-term debt 44,858 15,679 Current portion — — Total Noncurrent Portion of Long-Term Debt $ 44,858 $ 15,679

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Jan. 28, 2023
Leases [Abstract]
Components of Lease Cost	The table below presents the components of lease cost for operating leases for the years ended January 28, 2023, January 29, 2022 and January 30, 2021. (In thousands) Fiscal 2023 Fiscal 2022 Fiscal 2021 Operating lease cost $ 166,617 $ 174,127 $ 160,973 Variable lease cost 16,966 21,540 9,562 Less: Sublease income ( 314 ) ( 246 ) ( 165 ) Net Lease Cost $ 183,269 $ 195,421 $ 170,370
Schedule of Lease Maturity Under Topic 842	The following table reconciles the maturities of undiscounted cash flows to our operating lease liabilities recorded on the Consolidated Balance Sheets at January 28, 2023: Fiscal Years (In thousands) 2024 $ 156,304 2025 128,634 2026 105,033 2027 77,331 2028 44,781 Thereafter 103,100 Total undiscounted future minimum lease payments 615,183 Less: Amounts representing interest ( 79,611 ) Total Present Value of Operating Lease Liabilities $ 535,572
Supplemental Information Related to Operating Leases	Our weighted-average remaining lease term and weighted-average discount rate for operating leases as of January 28, 2023 and January 29, 2022 are: January 28, 2023 January 29, 2022 Weighted-average remaining lease term (years) 5.5 years 5.8 years Weighted-average discount rate 5.1 % 5.0 %

Equity (Tables)

Equity (Tables)	12 Months Ended
Equity (Tables)	Jan. 28, 2023
Equity [Abstract]
Summary of Non-Redeemable Preferred Stock	Non-Redeemable Preferred Stock Number of Shares Amounts in Thousands As of Fiscal Year End As of Fiscal Year End Class Shares Authorized 2023 2022 2021 2023 2022 2021 Employees’ Subordinated Convertible Preferred 5,000,000 27,935 28,325 34,425 $ 838 $ 850 $ 1,033 Stated Value of Issued Shares 838 850 1,033 Employees’ Preferred Stock Purchase Accounts ( 23 ) ( 23 ) ( 24 ) Total Non-Redeemable Preferred Stock $ 815 $ 827 $ 1,009

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Jan. 28, 2023
Income Tax Disclosure [Abstract]
Components of Earnings from Continuing Operations Before Income Taxes	The components of earnings from continuing operations before income taxes is comprised of the following: Fiscal Year (In thousands) 2023 2022 2021 United States $ 68,326 $ 130,517 $ ( 3,123 ) Foreign 21,747 22,474 ( 108,546 ) Total Earnings (Loss) from Continuing Operations before Income Taxes $ 90,073 $ 152,991 $ ( 111,669 )
Income Tax Expense	Income tax expense from continuing operations is comprised of the following: Fiscal Year (In thousands) 2023 2022 2021 Current U.S. federal $ 37,433 $ 49,354 $ ( 106,397 ) International 2,984 3,555 1,391 State 3,808 3,845 10,223 Total Current Income Tax Expense (Benefit) 44,225 56,754 ( 94,783 ) Deferred U.S. federal ( 25,704 ) ( 22,542 ) 48,511 International 748 54 2,773 State ( 1,438 ) 3,778 ( 12,142 ) Total Deferred Income Tax Expense (Benefit) ( 26,394 ) ( 18,710 ) 39,142 Total Income Tax Expense (Benefit) – Continuing Operations $ 17,831 $ 38,044 $ ( 55,641 )
Reconciliation of Federal Statutory Rate	Reconciliation of the United States federal statutory rate to our effective tax rate from continuing operations is as follows: Fiscal Year 2023 2022 2021 U. S. federal statutory rate of tax 21.00 % 21.00 % 21.00 % State taxes (net of federal tax benefit) 2.08 3.94 1.35 Foreign rate differential ( 0.02 ) ( 0.11 ) ( 0.25 ) Change in valuation allowance ( 1.12 ) 1.58 ( 10.70 ) Credits ( 1.18 ) ( 0.55 ) 0.44 Permanent items 0.64 ( 0.05 ) ( 0.66 ) CARES Act — — 41.53 Outside basis difference - IRC Section 165(g) 3 — — 10.34 Goodwill impairment — — ( 13.50 ) IRS interest ( 1.46 ) — — Other ( 0.14 ) ( 0.94 ) 0.28 Effective Tax Rate 19.80 % 24.87 % 49.83 %
Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities are comprised of the following: (In thousands) January 28, 2023 January 29, 2022 Pensions $ 502 $ 553 Lease obligation 139,486 159,411 Book over tax depreciation 16,430 17,369 Expense accruals 9,471 11,965 Uniform capitalization costs 8,381 4,844 Provisions for discontinued operations and restructurings 662 596 Inventory valuation 706 394 Tax net operating loss and credit carryforwards 23,146 31,646 Allowances for bad debts and notes 760 863 Deferred compensation and restricted stock 3,012 2,736 Identified intangibles 1,162 1,409 Other 33 35 Gross deferred tax assets 203,751 231,821 Deferred tax asset valuation allowance ( 36,482 ) ( 42,195 ) Deferred tax asset net of valuation allowance 167,269 189,626 Identified intangibles ( 6,288 ) ( 6,333 ) Prepaids ( 2,045 ) ( 1,784 ) Right of use asset ( 132,050 ) ( 150,554 ) Tax over book depreciation — ( 30,421 ) Other ( 832 ) ( 1,051 ) Gross deferred tax liabilities ( 141,215 ) ( 190,143 ) Net Deferred Tax Assets (Liabilities) $ 26,054 $ ( 517 )
Deferred Tax Balances	The deferred tax balances have been classified in our Consolidated Balance Sheets as follows: As of Fiscal Year Ended (In thousands) 2023 2022 Net non-current asset $ 28,563 $ 1,466 Net non-current liability ( 2,509 ) ( 1,983 ) Net Deferred Tax Assets (Liabilities) $ 26,054 $ ( 517 )
Reconciliation of Total Amounts of Unrecognized Tax Benefits	The following is a tabular reconciliation of the total amounts of unrecognized tax benefits. Fiscal Year (In thousands) 2023 2022 2021 Unrecognized Tax Benefit – Beginning of Period $ 178 $ 178 $ 178 Gross Increases (Decreases) – Tax Positions in a Current Period — — — Settlements — — — Lapse of Statutes of Limitations — — — Unrecognized Tax Benefit – End of Period $ 178 $ 178 $ 178

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Jan. 28, 2023
Earnings Per Share [Abstract]
Summary of Weighted-Average Number of Shares	Weighted-average number of shares used for earnings per share is as follows: Fiscal Year (Shares in thousands) 2023 2022 2021 Weighted-average number of shares - basic 12,457 14,170 14,216 Common stock equivalents 250 339 0 Weighted-average number of shares - diluted 12,707 14,509 14,216

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
Share-Based Compensation Plans (Tables)	Jan. 28, 2023
Share-Based Payment Arrangement [Abstract]
Summary of Status of Company's Nonvested Shares of Employee Restricted Stock	A summary of the status of our nonvested shares of our employee restricted stock as of January 28, 2023 is presented below: Nonvested Restricted Shares Shares Weighted- Nonvested at February 1, 2020 589,778 $ 41.46 Granted 427,741 19.62 Vested ( 139,962 ) 50.35 Withheld for federal taxes ( 64,382 ) 50.29 Forfeited ( 147,085 ) 36.62 Nonvested at January 30, 2021 666,090 27.98 Granted 228,444 63.40 Vested ( 162,205 ) 30.47 Withheld for federal taxes ( 64,535 ) 30.36 Forfeited ( 6,885 ) 34.89 Nonvested at January 29, 2022 660,909 39.46 Granted 299,068 57.91 Vested ( 166,638 ) 38.03 Withheld for federal taxes ( 73,137 ) 37.74 Forfeited ( 31,057 ) 42.86 Nonvested at January 28, 2023 689,145 $ 47.85

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
Business Segment Information (Tables)	Jan. 28, 2023
Segment Reporting [Abstract]
Schedule of Business Segment Information	Fiscal 2023 (In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 1,482,203 $ 432,002 $ 314,759 $ 158,684 $ — $ 2,387,648 Intercompany sales — — — ( 2,760 ) — ( 2,760 ) Net sales to external customers (1) 1,482,203 432,002 314,759 155,924 — 2,384,888 Segment operating income (loss) 94,404 17,601 14,364 ( 678 ) ( 31,595 ) 94,096 Asset impairments and other (2) — — — — 855 855 Operating income 94,404 17,601 14,364 ( 678 ) ( 32,450 ) 93,241 Other components of net periodic benefit cost — — — — 248 248 Interest expense,net — — — — 2,920 2,920 Earnings from continuing operations before income taxes $ 94,404 $ 17,601 $ 14,364 $ ( 678 ) $ ( 35,618 ) $ 90,073 Total assets at fiscal year end (3) $ 732,124 $ 198,813 $ 194,417 $ 74,526 $ 256,546 $ 1,456,426 Depreciation and amortization 28,107 6,134 4,352 898 3,327 42,818 Capital expenditures 27,237 10,330 8,154 1,429 12,784 59,934 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 82 % and 18 % , respectively, of our net sales for Fiscal 2023. (2) Asset impairments and other includes a $ 1.6 million charge for asset impairments, of which $ 0.8 million is in the Journeys Group, $ 0.5 million is in the Johnston & Murphy Group, $ 0.2 million is in the Schuh Group and $ 0.1 million is in Genesco Brands Group, partially offset by a $ 0.7 million gain on the termination of the pension plan. (3) Of our $ 704.7 million of long-lived assets, $ 93.3 million and $ 18.8 million relate to long-lived assets in the U.K. and Canada, respectively. Note 16 Business Segment Information, Continued Fiscal 2022 (In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 1,576,475 $ 423,560 $ 252,855 $ 170,619 $ — $ 2,423,509 Intercompany sales — — — ( 1,425 ) — ( 1,425 ) Net sales to external customers (1) 1,576,475 423,560 252,855 169,194 — 2,422,084 Segment operating income (loss) 165,336 19,257 7,029 6,583 ( 50,694 ) 147,511 Asset impairments and other (2) — — — — ( 8,056 ) ( 8,056 ) Operating income 165,336 19,257 7,029 6,583 ( 42,638 ) 155,567 Other components of net periodic benefit cost — — — — 128 128 Interest expense, net — — — — 2,448 2,448 Earnings from continuing operations before income taxes $ 165,336 $ 19,257 $ 7,029 $ 6,583 $ ( 45,214 ) $ 152,991 Total assets at fiscal year end (3) $ 678,680 $ 207,495 $ 128,187 $ 67,658 $ 480,079 $ 1,562,099 Depreciation and amortization 28,903 6,942 4,612 1,081 1,431 42,969 Capital expenditures 22,438 3,062 4,647 1,071 22,687 53,905 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2022. (2) Asset impairments and other includes an $ 18.1 million gain on the sale of a distribution warehouse and a $ 0.6 million insurance gain, partially offset by $ 8.6 million for professional fees related to the actions of a shareholder activist and a $ 2.0 million charge for asset impairments, of which $ 1.0 million is in the Journeys Group, $ 0.8 million is in the Schuh Group and $ 0.2 million is in the Johnston & Murphy Group. (3) Of our $ 760.1 million of long-lived assets, $ 113.9 million and $ 26.0 million relate to long-lived assets in the U.K. and Canada, respectively. Note 16 Business Segment Information, Continued Fiscal 2021 (In thousands) Journeys Schuh Johnston Genesco Brands Group Corporate Consolidated Sales $ 1,227,954 $ 305,941 $ 152,941 $ 101,287 $ — $ 1,788,123 Intercompany sales — — — ( 1,593 ) — ( 1,593 ) Net sales to external customers (1) 1,227,954 305,941 152,941 99,694 — 1,786,530 Segment operating income (loss) 76,896 ( 11,602 ) ( 47,624 ) ( 5,430 ) ( 21,548 ) ( 9,308 ) Goodwill impairment (2) — — — — 79,259 79,259 Asset impairments and other (3) — — — — 18,682 18,682 Operating income (loss) 76,896 ( 11,602 ) ( 47,624 ) ( 5,430 ) ( 119,489 ) ( 107,249 ) Other components of net periodic benefit income — — — — ( 670 ) ( 670 ) Interest expense, net — — — — 5,090 5,090 Earnings (loss) from continuing operations before income taxes $ 76,896 $ ( 11,602 ) $ ( 47,624 ) $ ( 5,430 ) $ ( 123,909 ) $ ( 111,669 ) Total assets at fiscal year end (4) $ 767,535 $ 232,681 $ 159,027 $ 58,320 $ 369,805 $ 1,587,368 Depreciation and amortization 29,326 8,885 5,487 1,317 1,484 46,499 Capital expenditures 16,188 2,794 4,064 356 728 24,130 (1) Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2021. (2) Goodwill impairment of $ 79.3 million is related to Schuh Group. (3) Asset impairments and other includes a $ 13.8 million charge for asset impairments, of which $ 7.0 million is in the Johnston & Murphy Group, $ 4.1 million is in the Journeys Group and $ 2.7 million is in the Schuh Group, and a $ 5.3 million charge for trademark impairment, partially offset by a $ 0.4 million gain for the release of an earnout related to the Togast acquisition. (4) Of our $ 829.6 million of long-lived assets, $ 140.9 million and $ 35.1 million relate to long-lived assets in the U.K. and Canada, respectively.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	12 Months Ended
	Jan. 28, 2023 USD ($) Customer Segment Store	Jan. 29, 2022 USD ($)	Jan. 30, 2021 USD ($)
Summary of Accounting Policies [Line Items]
Number of retail stores operated by company \| Store	1,410
Number of reportable business segments \| Segment	4
Days in fiscal year	364 days	364 days	364 days
Excess of outstanding checks drawn on zero balance accounts at domestic banks exceeding book cash balance	$ 6,000	$ 0
Depreciation expense	$ 42,300	42,400	$ 45,600
Percentage of renewal options	3%
Asset retirement obligations	$ 10,800	11,500
Accrued gift card liability	6,000	6,300
Gift card breakage recognized as revenue	1,000	1,000	800
Gift card redemptions and breakage revenue	4,100
Selling and administrative expenses	1,042,094	1,033,625	813,775
Advertising costs	118,500	106,400	80,100
Vendor reimbursements of cooperative advertising costs	16,300	10,700	6,200
Samsung
Summary of Accounting Policies [Line Items]
Historical cost of inventory	17,500
Wholesale Costs of Distribution
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	12,400	12,800	10,100
Retail Occupancy Costs
Summary of Accounting Policies [Line Items]
Selling and administrative expenses	$ 307,500	299,600	$ 269,800
Major Customer One \| Customer Concentration Risk \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Number of customers \| Customer	1
Concentration risk percentage	25%
Major Customer Two \| Customer Concentration Risk \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Number of customers \| Customer	1
Concentration risk percentage	18%
Major Customer Three \| Customer Concentration Risk \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Number of customers \| Customer	1
Concentration risk percentage	7%
Other Major Customers \| Customer Concentration Risk \| Trade Accounts Receivable
Summary of Accounting Policies [Line Items]
Number of customers \| Customer	0
Concentration risk percentage	6%
Foreign Subsidiaries
Summary of Accounting Policies [Line Items]
Cash and cash equivalents	$ 35,900	$ 39,700

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Useful Lives of Property and Equipment (Details)	12 Months Ended
	Jan. 28, 2023
Buildings and building equipment \| Minimum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	20 years
Buildings and building equipment \| Maximum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	45 years
Computer hardware, software and equipment \| Minimum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	3 years
Computer hardware, software and equipment \| Maximum
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	10 years
Furniture and fixtures
Property and equipment amortized over the estimated useful life of related assets
Property and equipment, useful life	10 years

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Summary of Changes in Carrying Amount of Goodwill by Segment (Details) $ in Thousands	12 Months Ended
	Jan. 28, 2023 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 38,556
Effect of foreign currency exchange rates	(433)
Goodwill, ending balance	38,123
Journeys Group
Goodwill [Roll Forward]
Goodwill, beginning balance	10,087
Effect of foreign currency exchange rates	(425)
Goodwill, ending balance	9,662
Genesco Brands Group
Goodwill [Roll Forward]
Goodwill, beginning balance	28,469
Effect of foreign currency exchange rates	(8)
Goodwill, ending balance	$ 28,461

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	May 02, 2020	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Acquired Finite Lived Intangible Assets [Line Items]
Goodwill impairment charge		$ 0	$ 0	$ 79,259	[1]
Amortization of intangible assets		600	$ 600	900
Amortization expense, 2023		600
Amortization expense, 2024		600
Amortization expense, 2025		600
Amortization expense, 2026		600
Amortization expense, 2027		$ 600
Schuh Group
Acquired Finite Lived Intangible Assets [Line Items]
Percentage of estimated impairment	50%
Goodwill impairment charge	$ 79,300			$ 79,300
Genesco Brands Group
Acquired Finite Lived Intangible Assets [Line Items]
Percentage of estimated impairment		50%
Percentage of fair value in excess of carrying amount		9%

[1] Goodwill impairment of $ 79.3 million is related to Schuh Group.

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Summary of Other Intangibles Assets (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Other intangibles by major classes
Gross other intangibles	$ 30,952	$ 32,921
Accumulated amortization	(3,522)	(3,066)
Other Intangibles, net	27,430	29,855
Trademarks
Other intangibles by major classes
Gross other intangibles	24,077	25,935
Accumulated amortization	0	0
Other Intangibles, net	24,077	25,935
Customer Lists
Other intangibles by major classes
Gross other intangibles	6,475	6,586
Accumulated amortization	(3,122)	(2,666)
Other Intangibles, net	3,353	3,920
Other
Other intangibles by major classes
Gross other intangibles	400	400
Accumulated amortization	(400)	(400)
Other Intangibles, net	$ 0	$ 0

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Summary of Other Intangibles Assets (Parenthetical) (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	$ 30,952	$ 32,921
Trademarks
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	24,077	25,935
Trademarks \| Schuh Group
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	20,900
Trademarks \| Journeys Group
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	3,200
Customer Lists
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	6,475	$ 6,586
Customer Lists \| Togast
Finite Lived Intangible Assets [Line Items]
Other finite-lived intangible assets, gross	$ 5,100

Asset Impairments and Other C_2

Asset Impairments and Other Charges - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023		Jan. 29, 2022		Jan. 30, 2021
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 855	[1]	$ (8,056)	[2]	$ 18,682	[3]
Insurance gain			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
Retail Store Asset Impairments
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	1,600		2,000		$ 13,800
Termination of pension plan
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net	$ 700
Distribution Warehouse
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net			(18,100)
Professional Fees Related to Actions of Activist Shareholder
Restructuring Cost And Reserve [Line Items]
Asset impairments and other, net			$ 8,600

[1] Asset impairments and other includes a $ 1.6 million charge for asset impairments, of which $ 0.8 million is in the Journeys Group, $ 0.5 million is in the Johnston & Murphy Group, $ 0.2 million is in the Schuh Group and $ 0.1 million is in Genesco Brands Group, partially offset by a $ 0.7 million gain on the termination of the pension plan. Asset impairments and other includes an $ 18.1 million gain on the sale of a distribution warehouse and a $ 0.6 million insurance gain, partially offset by $ 8.6 million for professional fees related to the actions of a shareholder activist and a $ 2.0 million charge for asset impairments, of which $ 1.0 million is in the Journeys Group, $ 0.8 million is in the Schuh Group and $ 0.2 million is in the Johnston & Murphy Group. Asset impairments and other includes a $ 13.8 million charge for asset impairments, of which $ 7.0 million is in the Johnston & Murphy Group, $ 4.1 million is in the Journeys Group and $ 2.7 million is in the Schuh Group, and a $ 5.3 million charge for trademark impairment, partially offset by a $ 0.4 million gain for the release of an earnout related to the Togast acquisition.

Inventories - Schedule of Inven

Inventories - Schedule of Inventories (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Inventories
Wholesale finished goods	$ 84,209	$ 28,432
Retail merchandise	373,808	249,768
Total Inventories	$ 458,017	$ 278,200

Property and Equipment and Ot_3

Property and Equipment and Other Current Accrued Liabilities - Schedule of Property and Equipment, Net (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Property, Plant and Equipment [Abstract]
Land	$ 7,046	$ 7,233
Buildings and building equipment	73,707	73,962
Computer hardware, software and equipment	158,152	152,075
Furniture and fixtures	128,163	124,536
Construction in progress	36,256	42,903
Improvements to leased property	340,533	325,180
Property and equipment, at cost	743,857	725,889
Accumulated depreciation	(510,124)	(509,581)
Total Property and Equipment, net	$ 233,733	$ 216,308

Property and Equipment and Ot_4

Property and Equipment and Other Current Accrued Liabilities - Schedule of Other Accrued Liabilities (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Accrued Liabilities, Current [Abstract]
Accrued employee compensation	$ 15,715	$ 60,575
Accrued other taxes	11,551	17,631
Accrued income taxes	2,296	2,385
Provision for discontinued operations	536	491
Other accrued liabilities	51,229	53,074
Total Other Current Accrued Liabilities	$ 81,327	$ 134,156

Property and Equipment and Ot_5

Property and Equipment and Other Current Accrued Liabilities - Schedule of Other Accrued Liabilities (Parenthetical) (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Accrued Liabilities, Current [Abstract]
Accrued performance-based incentive compensation	$ 2.1	$ 48.1

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	$ 44,858	$ 15,679
U.S. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	30,000	15,679
Fair Value	30,219	15,679
U.K. Revolver Borrowings
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying Amount	14,858	0
Fair Value	$ 14,864	$ 0

Fair Value - Additional Informa

Fair Value - Additional Information (Details) - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets	$ 704.7	$ 760.1	$ 829.6
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments held	10.6
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets	$ 4.6

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) £ in Millions		12 Months Ended
	Nov. 02, 2022 GBP (£) Option	Jan. 28, 2023 USD ($)	Jan. 28, 2023 GBP (£)	Jan. 29, 2022 USD ($)	Jun. 05, 2020 USD ($)
Debt Instrument [Line Items]
First in-last out term loan		$ 17,500,000
Carrying Amount		$ 44,858,000		$ 15,679,000
Long-Term Debt, Description		The revolver borrowings outstanding under the Credit Facility at January 28, 2023 included $30.0 million U.S. revolver borrowings and $14.9 million (£12.0 million) related to Genesco (UK) Limited. We had outstanding letters of credit of $9.7 million under the Credit Facility at January 28, 2023.
Term of extension	1 year
Number of extension \| Option	2
Third Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Debt instrument, maturity date		Jan. 28, 2027
U.S. Revolver Borrowings
Debt Instrument [Line Items]
Carrying Amount		$ 30,000,000		15,679,000
Revolving Credit Facility
Debt Instrument [Line Items]
Aggregate principal amount of credit facility		332,500,000			$ 332,500,000
Carrying Amount		$ 44,900,000
Bearing interest rate		6.74%	6.74%
Credit facility, maturity date		Jan. 28, 2027
Commitment fee on the actual daily unused portions of the credit facility one		0.20%
Excess availability under credit facility		$ 251,200,000
Revolving Credit Facility \| Genesco (UK) Limited
Debt Instrument [Line Items]
Carrying Amount		14,900,000	£ 12
Revolving Credit Facility \| Third Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Additional borrowing capacity		200,000,000
Financial covenants, excess availability threshold		$ 22,500,000
Financial covenants, excess availability threshold percentage		10%	10%
Revolving Credit Facility \| Third Amended and Restated Credit Agreement \| Maximum
Debt Instrument [Line Items]
Aggregate amount of loans and letters of credit subject to receipt of commitment		$ 532,500,000
Amended amount on senior debt covenant		$ 500,000,000
Consolidated total debt to consolidated EBITDA		5	5
Covenants for fixed charge coverage ratio		1	1
Revolving Credit Facility \| Third Amended and Restated Credit Agreement \| GCO Canada ULC \| Maximum
Debt Instrument [Line Items]
Line of credit increase amount limit		$ 15,000,000
Revolving Credit Facility \| Third Amended and Restated Credit Agreement \| Genesco (UK) Limited
Debt Instrument [Line Items]
Aggregate principal amount of credit facility		100,000,000
Revolving Credit Facility \| Third Amended and Restated Credit Agreement \| Genesco (UK) Limited \| Maximum
Debt Instrument [Line Items]
Line of credit increase amount limit		100,000,000
Revolving Credit Facility \| U.S. Revolver Borrowings
Debt Instrument [Line Items]
Carrying Amount		30,000
Letter of Credit
Debt Instrument [Line Items]
Carrying Amount		9,700,000
Letter of Credit \| Third Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Sublimit for issuance of letters of credit		70,000,000
Letter of Credit \| Third Amended and Restated Credit Agreement \| GCO Canada ULC
Debt Instrument [Line Items]
Aggregate principal amount of credit facility		70,000,000
Sublimit for issuance of letters of credit		5,000,000
Letter of Credit \| Third Amended and Restated Credit Agreement \| Genesco (UK) Limited
Debt Instrument [Line Items]
Sublimit for issuance of letters of credit		10,000,000
Bridge Loan \| Third Amended and Restated Credit Agreement \| Genesco (UK) Limited
Debt Instrument [Line Items]
Aggregate principal amount of credit facility				10,000,000
Revolving Capital Facility
Debt Instrument [Line Items]
Capitalized deferred financing costs of credit facility and amendment				$ 1,200,000
Revolving Capital Facility \| Facility Letter
Debt Instrument [Line Items]
Credit facility expiration date	2025-11
Revolving Capital Facility \| Facility Letter \| Schuh
Debt Instrument [Line Items]
Aggregate principal amount of credit facility \| £	£ 19
Revolving Capital Facility \| Facility Letter \| Schuh \| Base Rate
Debt Instrument [Line Items]
Stated interest rate	2.35%
Swingline Subfacility \| Third Amended and Restated Credit Agreement \| GCO Canada ULC
Debt Instrument [Line Items]
Aggregate principal amount of credit facility		5,000,000
Sub Facility \| Third Amended and Restated Credit Agreement
Debt Instrument [Line Items]
Aggregate principal amount of credit facility		$ 45,000,000

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Debt Instrument [Line Items]
Total long-term debt	$ 44,858	$ 15,679
Current portion	0	0
Total Noncurrent Portion of Long-Term Debt	44,858	15,679
U.S. revolver borrowings
Debt Instrument [Line Items]
Total long-term debt	30,000	15,679
U.K. revolver borrowings
Debt Instrument [Line Items]
Total long-term debt	$ 14,858	$ 0

Leases - Additional Information

Leases - Additional Information (Details) $ in Millions	12 Months Ended
Leases - Additional Information (Details) $ in Millions	Jan. 28, 2023 USD ($) ft² Option	Jan. 29, 2022 USD ($)	Jan. 30, 2021 USD ($)
Operating Leased Assets [Line Items]
Percent of leases containing renewal option	3%
Operating lease, lease not yet commenced with right of use liabilities	$ 12.1
Decrease in contractual rent expense, due to CARES ACT rent concessions		$ (17)	$ (34)
Accrued liability for unpaid rent		$ 2.1
Minimum
Operating Leased Assets [Line Items]
Operating lease, lease not yet commenced, term of contract	1 year
Maximum
Operating Leased Assets [Line Items]
Operating lease, lease not yet commenced, term of contract	10 years
United States, Puerto Rico and Canada
Operating Leased Assets [Line Items]
Lease term	10 years
United Kingdom and ROI \| Minimum
Operating Leased Assets [Line Items]
Lease term	10 years
United Kingdom and ROI \| Maximum
Operating Leased Assets [Line Items]
Lease term	15 years
Nashville Tennessee
Operating Leased Assets [Line Items]
Lease term	15 years
Area of property leased \| ft²	182,000
Renewal options \| Option	2
Renewal term	5 years

Leases - Components of Lease Co

Leases - Components of Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Leases [Abstract]
Operating lease cost	$ 166,617	$ 174,127	$ 160,973
Variable lease cost	16,966	21,540	9,562
Less: Sublease income	(314)	(246)	(165)
Net Lease Cost	$ 183,269	$ 195,421	$ 170,370

Leases - Schedule of Lease Matu

Leases - Schedule of Lease Maturity Under Topic 842 (Details) $ in Thousands	Jan. 28, 2023 USD ($)
Leases [Abstract]
2024	$ 156,304
2025	128,634
2026	105,033
2027	77,331
2028	44,781
Thereafter	103,100
Total undiscounted future minimum lease payments	615,183
Less: Amounts representing interest	(79,611)
Total Present Value of Operating Lease Liabilities	$ 535,572

Leases - Supplemental Informati

Leases - Supplemental Information Related to Operating Leases (Details)	Jan. 28, 2023	Jan. 29, 2022
Leases [Abstract]
Weighted-average remaining lease term (years)	5 years 6 months	5 years 9 months 18 days
Weighted-average discount rate	5.10%	5%

Equity - Summary of Non-Redeema

Equity - Summary of Non-Redeemable Preferred Stock (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Class Of Stock [Line Items]
Non-redeemable preferred Stock	$ 815	$ 827	$ 1,009
Employees’ Subordinated Convertible Preferred
Class Of Stock [Line Items]
Shares authorized (in shares)	5,000,000
Number of shares (in shares)	27,935	28,325	34,425
Non-redeemable preferred Stock	$ 838	$ 850	$ 1,033
Stated Value of Issued Shares
Class Of Stock [Line Items]
Non-redeemable preferred Stock	838	850	1,033
Employees’ Preferred Stock Purchase Accounts
Class Of Stock [Line Items]
Non-redeemable preferred Stock	$ (23)	$ (23)	$ (24)

Equity - Additional Information

Equity - Additional Information (Details) $ / shares in Units, $ in Thousands	1 Months Ended		12 Months Ended
	Mar. 22, 2023 USD ($) $ / shares shares	Jan. 28, 2023 $ / shares shares	Jan. 28, 2023 USD ($) Vote $ / shares shares	Jan. 29, 2022 USD ($) $ / shares shares	Jan. 30, 2021 shares
Class Of Stock [Line Items]
Number of votes for each outstanding share \| Vote			1
Common stock, par value (in dollars per share) \| $ / shares		$ 1	$ 1	$ 1
Common stock, shares authorized (in shares)		80,000,000	80,000,000	80,000,000
Common stock, shares issued (in shares)		13,088,782	13,088,782	14,256,408
Treasury shares, at cost (in shares)		488,464	488,464	488,464
Number of common stock issued to directors for no consideration (in shares)			16,536	14,936	38,723
Common stock withheld for taxes on restricted stock vested (in shares)			73,137	64,535	64,382
Restricted stock forfeited during the year (in shares)			31,057	6,885	150,050
Common stock shares repurchased and retired (in shares)	135,000		1,380,272	1,360,909	0
Number of shares repurchased		0			0
Weighted average price of common stock retired and repurchase (in dollars per share) \| $ / shares	$ 36.67		$ 52.66	$ 60.88
Common stock value repurchased and retired \| $	$ 5,000		$ 72,689	$ 82,849
2009 Equity Incentive Plan
Class Of Stock [Line Items]
Common stock issued as restricted shares (in shares)					428,362
Subordinated Serial Preferred Stock Aggregate
Class Of Stock [Line Items]
Preferred shares authorized (in shares)		3,000,000	3,000,000
Subordinated Serial Preferred Stock $2.30 Series 1
Class Of Stock [Line Items]
Preferred shares authorized (in shares)		64,368	64,368
Preferred stock par value (in dollars per share) \| $ / shares		$ 2.30	$ 2.30
Subordinated Serial Preferred Stock $4.75 Series 3
Class Of Stock [Line Items]
Preferred shares authorized (in shares)		40,449	40,449
Preferred stock par value (in dollars per share) \| $ / shares		$ 4.75	$ 4.75
Subordinated Serial Preferred Stock $4.75 Series 4
Class Of Stock [Line Items]
Preferred shares authorized (in shares)		53,764	53,764
Preferred stock par value (in dollars per share) \| $ / shares		$ 4.75	$ 4.75
Subordinated Serial Preferred Stock Series 6
Class Of Stock [Line Items]
Preferred shares authorized (in shares)		800,000	800,000
Preferred stock par value (in dollars per share) \| $ / shares		$ 4.75	$ 4.75
$1.50 Subordinated Cumulative Preferred Stock
Class Of Stock [Line Items]
Preferred shares authorized (in shares)		5,000,000	5,000,000
Preferred stock par value (in dollars per share) \| $ / shares		$ 1.50	$ 1.50
Employees’ Subordinated Convertible Preferred Stock
Class Of Stock [Line Items]
Multiplication value to quarterly dividend per share of common stock for calculation of stated and liquidation values and redemption price			88
Average quarterly dividend payment period			24 months
Common convertible ratio (in shares)		1	1
Number of votes for each outstanding share \| Vote			1
Common stock issued in conversion of debentures (in shares)			390	6,100	15
Employees’ Subordinated Convertible Preferred Stock \| Minimum
Class Of Stock [Line Items]
Stated and liquidation values and redemption price per share dividend paid on common stock plus accumulated dividends (in dollars per share) \| $ / shares			$ 30
Conversion of Preferred Stock
Class Of Stock [Line Items]
Common shares reserved (in shares)		27,935	27,935
2020 Stock Incentive Plan
Class Of Stock [Line Items]
Common shares reserved (in shares)		704,556	704,556
Common stock issued as restricted shares (in shares)			299,914	229,363

Income Taxes - Components of Ea

Income Taxes - Components of Earnings from Continuing Operations Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Income Tax Disclosure [Abstract]
United States	$ 68,326	$ 130,517	$ (3,123)
Foreign	21,747	22,474	(108,546)
Earnings (loss) from continuing operations before income taxes	$ 90,073	$ 152,991	$ (111,669)

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Current
U.S. federal	$ 37,433	$ 49,354	$ (106,397)
International	2,984	3,555	1,391
State	3,808	3,845	10,223
Total Current Income Tax Expense (Benefit)	44,225	56,754	(94,783)
Deferred
U.S. federal	(25,704)	(22,542)	48,511
International	748	54	2,773
State	(1,438)	3,778	(12,142)
Total Deferred Income Tax Expense (Benefit)	(26,394)	(18,710)	39,142
Total Income Tax Expense (Benefit) – Continuing Operations	$ 17,831	$ 38,044	$ (55,641)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Federal Statutory Rate (Details)	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Reconciliation of the United States federal statutory rate to the Company's effective tax rate from continuing operations
U. S. federal statutory rate of tax	21%	21%	21%
State taxes (net of federal tax benefit)	2.08%	3.94%	1.35%
Foreign rate differential	(0.02%)	(0.11%)	(0.25%)
Change in valuation allowance	(1.12%)	1.58%	(10.70%)
Credits	(1.18%)	(0.55%)	0.44%
Permanent items	0.64%	(0.05%)	(0.66%)
CARES Act	0%	0%	41.53%
Outside Basis Difference - IRC Section 165(g) 3	0%	0%	10.34%
Goodwill Impairment	0%	0%	(13.50%)
IRS interest	(1.46%)	0%	0%
Other	(0.14%)	(0.94%)	0.28%
Effective Tax Rate	19.80%	24.87%	49.83%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Deferred tax assets and liabilities
Pensions	$ 502	$ 553
Lease obligation	139,486	159,411
Book over tax depreciation	16,430	17,369
Expense accruals	9,471	11,965
Uniform capitalization costs	8,381	4,844
Provisions for discontinued operations and restructurings	662	596
Inventory valuation	706	394
Tax net operating loss and credit carryforwards	23,146	31,646
Allowances for bad debts and notes	760	863
Deferred compensation and restricted stock	3,012	2,736
Identified intangibles	1,162	1,409
Other	33	35
Gross deferred tax assets	203,751	231,821
Deferred tax asset valuation allowance	(36,482)	(42,195)
Deferred tax asset net of valuation allowance	167,269	189,626
Identified intangibles	(6,288)	(6,333)
Prepaids	(2,045)	(1,784)
Right of use asset	(132,050)	(150,554)
Tax over book depreciation	0	(30,421)
Other	(832)	(1,051)
Gross deferred tax liabilities	(141,215)	(190,143)
Net Deferred Tax Assets (Liabilities)	$ 26,054
Net Deferred Tax Assets (Liabilities)		$ (517)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jan. 28, 2023	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021	Feb. 01, 2020
Operating Loss Carryforwards [Line Items]
Non-current prepaid income taxes	$ 54,100	$ 54,100
Prepaid expense uncollected portion				$ 107,200
Unrecognized tax benefit	178	178	$ 178	178	$ 178
Deferred tax valuation allowance	36,482	36,482	42,195
Decrease in valuation allowance		(5,700)
Interest Income		1,700
Unrecognized tax benefits that would impact effective tax rate	$ 200	200	200	$ 200
Number of shares repurchased	0			0
Germany
Operating Loss Carryforwards [Line Items]
Deferred tax valuation allowance	$ 2,400	2,400
State
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	9,000	9,000	13,900
Valuation allowance	3,200	3,200	3,200
Tax credit carryforward	600	600	500
Foreign Jurisdictions
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	39,800	39,800	50,600
Tax credit carryforward	4,000	4,000
Net increase in valuation allowance			$ 42,200
Tax credit carryforwards, valuation allowance	$ 3,800	$ 3,800
Minimum \| State
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, expiration year		2024
Tax credit carryforward, expiration year		2024
Minimum \| Foreign Jurisdictions
Operating Loss Carryforwards [Line Items]
Tax credit carryforward, expiration year		2028
Operating loss carryforwards, expiration period		17 years
Period of statutes of limitation of subsidiaries in foreign jurisdictions		2 years
Maximum \| State
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, expiration year		2039
Tax credit carryforward, expiration year		2026
Maximum \| Foreign Jurisdictions
Operating Loss Carryforwards [Line Items]
Tax credit carryforward, expiration year		2031
Period of statutes of limitation of subsidiaries in foreign jurisdictions		6 years

Income Taxes - Deferred Tax Bal

Income Taxes - Deferred Tax Balances (Details) - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Deferred Tax Balances
Net non-current asset	$ 28,563	$ 1,466
Net non-current liability	(2,509)	(1,983)
Net Deferred Tax Assets (Liabilities)	$ 26,054
Net Deferred Tax Assets (Liabilities)		$ (517)

Income Taxes - Reconciliation_2

Income Taxes - Reconciliation of Total Amounts of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Reconciliation of the total amounts of unrecognized tax benefits
Unrecognized Tax Benefit – Beginning of Period	$ 178	$ 178	$ 178
Gross Increases (Decreases) – Tax Positions in a Current Period	0	0	0
Settlements	0	0	0
Lapse of Statutes of Limitations	0	0	0
Unrecognized Tax Benefit – End of Period	$ 178	$ 178	$ 178

Earnings Per Share - Summary of

Earnings Per Share - Summary of Weighted-Average Number of Shares (Details) - shares shares in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Earnings Per Share [Abstract]
Weighted-average number of shares - basic (in shares)	12,457	14,170	14,216
Common stock equivalents (in shares)	250	339	0
Weighted-average number of shares - diluted (in shares)	12,707	14,509	14,216

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Mar. 22, 2023	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021	Feb. 28, 2022
Earnings Per Share [Abstract]
Stock repurchased during period (in shares)	135,000	1,380,272	1,360,909	0
Shares repurchased	$ 5,000	$ 72,689	$ 82,849
Weighted average price of common stock retired and repurchase (in dollars per share)	$ 36.67	$ 52.66	$ 60.88
Stock repurchase accrued amount		$ 4,800
Authorized amount		100,000
Increase in Authorized amount					$ 100,000
Remaining authorized repurchase amount		$ 34,100

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Additional Information (Details) - USD ($)		12 Months Ended
	Feb. 05, 2020	Feb. 09, 2025	Feb. 03, 2024	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021	Jun. 30, 2020
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation cost				$ 100,000	$ 100,000	$ 100,000
Nonvested Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation cost				12,900,000	$ 8,300,000	$ 7,400,000
Unrecognized share-based compensation cost				$ 23,700,000
Grant to Employees and Performance-Based Compensation (Shares)				299,068	228,444	427,741
Forfeited shares (in shares)				31,057	6,885	147,085
Weighted average expected period nonvested share-based compensation				1 year 8 months 8 days
2020 Equity Incentive Plan \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation for restricted stock value grant in period				$ 120,000	$ 107,500
Share-based compensation cost				$ 1,000,000	$ 700,000
2020 Equity Incentive Plan \| Executive Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, shares issued (in shares)				77,487
2020 Equity Incentive Plan \| New Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, shares issued (in shares)				0	504
2020 Equity Incentive Plan \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, shares authorized (in shares)				1,800,000
2020 Equity Incentive Plan \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				4 years
2020 Equity Incentive Plan \| Stock Options \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option's term				10 years
2020 Equity Incentive Plan \| Stock Options \| Vesting percentage - Year 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%
2020 Equity Incentive Plan \| Stock Options \| Vesting percentage - Year 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%
2020 Equity Incentive Plan \| Stock Options \| Vesting percentage - Year 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%
2020 Equity Incentive Plan \| Stock Options \| Vesting percentage - Year 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%
2020 Equity Incentive Plan \| Nonvested Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Depletion ratio				2
Share-based compensation, shares issued (in shares)				221,581	228,444
Grant to Employees and Performance-Based Compensation (Shares)				299,068
Share-based compensation, restricted stock units issued (in shares)				846	919	621
2020 Equity Incentive Plan \| Nonvested Restricted Shares \| Scenario Forecast
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage		33.33%	66.67%
2020 Equity Incentive Plan \| Nonvested Restricted Shares \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, shares issued (in shares)				16,536	14,936
2009 Equity Incentive Plan \| CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	26,620
Share-based compensation for stock option value grant in period	$ 500,000
2009 Equity Incentive Plan \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation for restricted stock value grant in period						$ 91,375
Share-based compensation cost						$ 900,000
Restriction period				3 years
2009 Equity Incentive Plan \| New Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, shares issued (in shares)						1,338
2009 Equity Incentive Plan \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option's term						6 years 3 months
Expected volatility						45%
Risk free rate						1.52%
Fair value per share (in dollars per share)						$ 18.78
Unrecognized share-based compensation cost				$ 100,000
Compensation expense capitalized				$ 0
2009 Equity Incentive Plan \| Nonvested Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				4 years
Share-based compensation, shares issued (in shares)						427,741
2009 Equity Incentive Plan \| Nonvested Restricted Shares \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, shares issued (in shares)						28,266
2009 Equity Incentive Plan \| Nonvested Restricted Shares \| Vesting percentage - Year 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%	25%	25%
2009 Equity Incentive Plan \| Nonvested Restricted Shares \| Vesting percentage - Year 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%	25%	25%
2009 Equity Incentive Plan \| Nonvested Restricted Shares \| Vesting percentage - Year 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%	25%	25%
2009 Equity Incentive Plan \| Nonvested Restricted Shares \| Vesting percentage - Year 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual vesting percentage				25%	25%	25%
2009 Equity Incentive Plan \| Director Retainer Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation, shares issued (in shares)						10,457
Forfeited shares (in shares)						2,965
2020 Restricted Cash Incentive Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash award, granted amount							$ 2,700,000
Cash award, compensation expense recognized				$ 600,000	$ 700,000	$ 400,000
Cash award, vesting term				4 years
2020 Restricted Cash Incentive Program \| Vesting percentage - Year 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash award, annual vesting percentage				25%
2020 Restricted Cash Incentive Program \| Vesting percentage - Year 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash award, annual vesting percentage				25%
2020 Restricted Cash Incentive Program \| Vesting percentage - Year 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash award, annual vesting percentage				25%
2020 Restricted Cash Incentive Program \| Vesting percentage - Year 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash award, annual vesting percentage				25%
Addition to the 2009 Equity Incentive Plan \| Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				3 years
Addition to the 2009 Equity Incentive Plan \| Nonvested Restricted Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting term				3 years

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Summary of Status of Company's Nonvested Shares of Employee Restricted Stock (Details) - Nonvested Restricted Shares - $ / shares	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Summary of the status of the Company's nonvested shares of its employee restricted stock
Nonvested, beginning balance (in shares)	660,909	666,090	589,778
Granted (in shares)	299,068	228,444	427,741
Vested (in shares)	(166,638)	(162,205)	(139,962)
Withheld for federal taxes (in shares)	(73,137)	(64,535)	(64,382)
Forfeited (in shares)	(31,057)	(6,885)	(147,085)
Nonvested, ending balance (in shares)	689,145	660,909	666,090
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Nonvested, Weighted-Average Grant-Date Fair Value, beginning balance (in dollars per share)	$ 39.46	$ 27.98	$ 41.46
Granted, Weighted-Average Grant-Date Fair Value (in dollars per share)	57.91	63.40	19.62
Vested, Weighted-Average Grant-Date Fair Value (in dollars per share)	38.03	30.47	50.35
Withheld for federal taxes, Weighted-Average Grant-Date Fair Value (in dollars per share)	37.74	30.36	50.29
Forfeited, Weighted-Average Grant-Date Fair Value (in dollars per share)	42.86	34.89	36.62
Nonvested, Weighted-Average Grant-Date Fair Value, ending balance (in dollars per share)	$ 47.85	$ 39.46	$ 27.98

Legal Proceedings - Additional

Legal Proceedings - Additional Information (Details) $ in Thousands	12 Months Ended
	Jan. 28, 2023 USD ($) Store	Jan. 29, 2022 USD ($)	Jan. 30, 2021 USD ($)
Loss Contingencies [Line Items]
Environmental Loss Contingency, Statement of Financial Position [Extensible Enumeration]	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current
Amount related to outstanding environmental contingencies	$ 1,700	$ 1,400	$ 1,500
Pretax accrual charges for environmental contingencies included in loss from discontinued operations	400	$ 200	$ 300
Estimated maximum future payments	$ 615,183
Lids Sports Group \| Discontinued Operations, Disposed of by Sale
Loss Contingencies [Line Items]
Number of leases for which the company is a guarantor \| Store	7
Lease expiration date	May 31, 2025
Estimated maximum future payments	$ 5,900

Business Segment Information -

Business Segment Information - Schedule of Business Segment Information (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		May 02, 2020	Jan. 28, 2023		Jan. 29, 2022		Jan. 30, 2021
Segment Reporting Information [Line Items]
Net sales			$ 2,384,888	[1]	$ 2,422,084	[2]	$ 1,786,530	[3]
Segment operating income (loss)			94,096		147,511		(9,308)
Goodwill impairment			0		0		79,259	[4]
Asset impairments and other, net			855	[5]	(8,056)	[6]	18,682	[7]
Operating income (loss)			93,241		155,567		(107,249)
Other components of net periodic benefit cost (income)			248		128		(670)
Interest expense, net			2,920		2,448		5,090
Earnings (loss) from continuing operations before income taxes			90,073		152,991		(111,669)
Total assets at fiscal year end			1,456,426	[8]	1,562,099	[9]	1,587,368	[10]
Depreciation and amortization			42,818		42,969		46,499
Capital expenditures			59,934		53,905		24,130
Journeys Group
Segment Reporting Information [Line Items]
Net sales			1,482,203	[1]	1,576,475	[2]	1,227,954	[3]
Schuh Group
Segment Reporting Information [Line Items]
Net sales			432,002	[1]	423,560	[2]	305,941	[3]
Goodwill impairment		$ 79,300					79,300
Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales			314,759	[1]	252,855	[2]	152,941	[3]
Genesco Brands Group
Segment Reporting Information [Line Items]
Net sales			155,924	[1]	169,194	[2]	99,694	[3]
Operating Segments
Segment Reporting Information [Line Items]
Net sales			2,387,648		2,423,509		1,788,123
Operating Segments \| Journeys Group
Segment Reporting Information [Line Items]
Net sales			1,482,203		1,576,475		1,227,954
Segment operating income (loss)			94,404		165,336		76,896
Goodwill impairment							0
Asset impairments and other, net			0	[5]	0	[6]	0	[7]
Operating income (loss)			94,404		165,336		76,896
Other components of net periodic benefit cost (income)			0		0		0
Interest expense, net			0		0		0
Earnings (loss) from continuing operations before income taxes			94,404		165,336		76,896
Total assets at fiscal year end			732,124	[8]	678,680	[9]	767,535	[10]
Depreciation and amortization			28,107		28,903		29,326
Capital expenditures			27,237		22,438		16,188
Operating Segments \| Schuh Group
Segment Reporting Information [Line Items]
Net sales			432,002		423,560		305,941
Segment operating income (loss)			17,601		19,257		(11,602)
Goodwill impairment							0
Asset impairments and other, net			0	[5]	0	[6]	0	[7]
Operating income (loss)			17,601		19,257		(11,602)
Other components of net periodic benefit cost (income)			0		0		0
Interest expense, net			0		0		0
Earnings (loss) from continuing operations before income taxes			17,601		19,257		(11,602)
Total assets at fiscal year end			198,813	[8]	207,495	[9]	232,681	[10]
Depreciation and amortization			6,134		6,942		8,885
Capital expenditures			10,330		3,062		2,794
Operating Segments \| Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales			314,759		252,855		152,941
Segment operating income (loss)			14,364		7,029		(47,624)
Goodwill impairment							0
Asset impairments and other, net			0	[5]	0	[6]	0	[7]
Operating income (loss)			14,364		7,029		(47,624)
Other components of net periodic benefit cost (income)			0		0		0
Interest expense, net			0		0		0
Earnings (loss) from continuing operations before income taxes			14,364		7,029		(47,624)
Total assets at fiscal year end			194,417	[8]	128,187	[9]	159,027	[10]
Depreciation and amortization			4,352		4,612		5,487
Capital expenditures			8,154		4,647		4,064
Operating Segments \| Genesco Brands Group
Segment Reporting Information [Line Items]
Net sales			158,684		170,619		101,287
Segment operating income (loss)			(678)		6,583		(5,430)
Goodwill impairment							0
Asset impairments and other, net			0	[5]	0	[6]	0	[7]
Operating income (loss)			(678)		6,583		(5,430)
Other components of net periodic benefit cost (income)			0		0		0
Interest expense, net			0		0		0
Earnings (loss) from continuing operations before income taxes			(678)		6,583		(5,430)
Total assets at fiscal year end			74,526	[8]	67,658	[9]	58,320	[10]
Depreciation and amortization			898		1,081		1,317
Capital expenditures			1,429		1,071		356
Corporate & Other
Segment Reporting Information [Line Items]
Net sales			0	[1]	0	[1]	0	[3]
Segment operating income (loss)			(31,595)		(50,694)		(21,548)
Goodwill impairment	[4]						79,259
Asset impairments and other, net			855	[5]	(8,056)	[6]	18,682	[7]
Operating income (loss)			(32,450)		(42,638)		(119,489)
Other components of net periodic benefit cost (income)			248		128		(670)
Interest expense, net			2,920		2,448		5,090
Earnings (loss) from continuing operations before income taxes			(35,618)		(45,214)		(123,909)
Total assets at fiscal year end			256,546	[8]	480,079	[9]	369,805	[10]
Depreciation and amortization			3,327		1,431		1,484
Capital expenditures			12,784		22,687		728
Intercompany Sales
Segment Reporting Information [Line Items]
Net sales			(2,760)		(1,425)		(1,593)
Intercompany Sales \| Journeys Group
Segment Reporting Information [Line Items]
Net sales			0		0		0
Intercompany Sales \| Schuh Group
Segment Reporting Information [Line Items]
Net sales			0		0		0
Intercompany Sales \| Johnston & Murphy Group
Segment Reporting Information [Line Items]
Net sales			0		0		0
Intercompany Sales \| Genesco Brands Group
Segment Reporting Information [Line Items]
Net sales			$ (2,760)		$ (1,425)		$ (1,593)

[1] Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 82 % and 18 % , respectively, of our net sales for Fiscal 2023. Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2022. Net sales in North America and in the United Kingdom, which includes the Republic of Ireland, accounted for 83 % and 17 % , respectively, of our net sales for Fiscal 2021. Goodwill impairment of $ 79.3 million is related to Schuh Group. Asset impairments and other includes a $ 1.6 million charge for asset impairments, of which $ 0.8 million is in the Journeys Group, $ 0.5 million is in the Johnston & Murphy Group, $ 0.2 million is in the Schuh Group and $ 0.1 million is in Genesco Brands Group, partially offset by a $ 0.7 million gain on the termination of the pension plan. Asset impairments and other includes an $ 18.1 million gain on the sale of a distribution warehouse and a $ 0.6 million insurance gain, partially offset by $ 8.6 million for professional fees related to the actions of a shareholder activist and a $ 2.0 million charge for asset impairments, of which $ 1.0 million is in the Journeys Group, $ 0.8 million is in the Schuh Group and $ 0.2 million is in the Johnston & Murphy Group. Asset impairments and other includes a $ 13.8 million charge for asset impairments, of which $ 7.0 million is in the Johnston & Murphy Group, $ 4.1 million is in the Journeys Group and $ 2.7 million is in the Schuh Group, and a $ 5.3 million charge for trademark impairment, partially offset by a $ 0.4 million gain for the release of an earnout related to the Togast acquisition. Of our $ 704.7 million of long-lived assets, $ 93.3 million and $ 18.8 million relate to long-lived assets in the U.K. and Canada, respectively. Of our $ 760.1 million of long-lived assets, $ 113.9 million and $ 26.0 million relate to long-lived assets in the U.K. and Canada, respectively. Of our $ 829.6 million of long-lived assets, $ 140.9 million and $ 35.1 million relate to long-lived assets in the U.K. and Canada, respectively.

Business Segment Information _2

Business Segment Information - Schedule of Business Segment Information (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	May 02, 2020	Jan. 28, 2023		Jan. 29, 2022		Jan. 30, 2021
Segment Reporting Information [Line Items]
Goodwill impairment		$ 0		$ 0		$ 79,259	[1]
Asset impairments and other, net		855	[2]	(8,056)	[3]	18,682	[4]
Long-lived assets		704,700		760,100		829,600
(Gain) loss related to hurricane				(600)
U.K.
Segment Reporting Information [Line Items]
Long-lived assets		93,300		113,900		140,900
Canada
Segment Reporting Information [Line Items]
Long-lived assets		$ 18,800		$ 26,000		35,100
Trademark
Segment Reporting Information [Line Items]
Asset impairments and other, net						5,300
Schuh Group
Segment Reporting Information [Line Items]
Goodwill impairment	$ 79,300					79,300
Togast Acquisition
Segment Reporting Information [Line Items]
Gain for the release of an earn-out related to the acquisition						$ 400
Geographic Concentration Risk \| Sales Revenue Net \| U.K.
Segment Reporting Information [Line Items]
Concentration risk percentage		18%		17%		17%
Geographic Concentration Risk \| Sales Revenue Net \| North America
Segment Reporting Information [Line Items]
Concentration risk percentage		82%		83%		83%
Retail Store Asset Impairments
Segment Reporting Information [Line Items]
Asset impairments and other, net		$ 1,600		$ 2,000		$ 13,800
Retail Store Asset Impairments \| Schuh Group
Segment Reporting Information [Line Items]
Asset impairments and other, net		(200)		(800)		(2,700)
Retail Store Asset Impairments \| Johnston & Murphy Group
Segment Reporting Information [Line Items]
Asset impairments and other, net		(500)		(200)		(7,000)
Retail Store Asset Impairments \| Journeys Group
Segment Reporting Information [Line Items]
Asset impairments and other, net		(800)		(1,000)		$ (4,100)
Asset Impairments \| Genesco Brands Group
Segment Reporting Information [Line Items]
Asset impairments and other, net		(100)
Gain On The Termination Of The Pension Plan
Segment Reporting Information [Line Items]
Asset impairments and other, net		$ (700)
Distribution Warehouse
Segment Reporting Information [Line Items]
Asset impairments and other, net				(18,100)
Insurance
Segment Reporting Information [Line Items]
Asset impairments and other, net				(600)
Professional Fees Related to Actions of Activist Shareholder
Segment Reporting Information [Line Items]
Asset impairments and other, net				$ 8,600

[1] Goodwill impairment of $ 79.3 million is related to Schuh Group. Asset impairments and other includes a $ 1.6 million charge for asset impairments, of which $ 0.8 million is in the Journeys Group, $ 0.5 million is in the Johnston & Murphy Group, $ 0.2 million is in the Schuh Group and $ 0.1 million is in Genesco Brands Group, partially offset by a $ 0.7 million gain on the termination of the pension plan. Asset impairments and other includes an $ 18.1 million gain on the sale of a distribution warehouse and a $ 0.6 million insurance gain, partially offset by $ 8.6 million for professional fees related to the actions of a shareholder activist and a $ 2.0 million charge for asset impairments, of which $ 1.0 million is in the Journeys Group, $ 0.8 million is in the Schuh Group and $ 0.2 million is in the Johnston & Murphy Group. Asset impairments and other includes a $ 13.8 million charge for asset impairments, of which $ 7.0 million is in the Johnston & Murphy Group, $ 4.1 million is in the Journeys Group and $ 2.7 million is in the Schuh Group, and a $ 5.3 million charge for trademark impairment, partially offset by a $ 0.4 million gain for the release of an earnout related to the Togast acquisition.

Valuation and Qualifying Acco_2

Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Accounts Receivable Allowances
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning Balance		$ 4,656	$ 5,015	$ 2,940
Charged to Profit and Loss		(78)	19	2,606
Reductions		(868)	(378)	(531)
Ending Balance		3,710	4,656	5,015
Markdown Allowance
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning Balance	[1]	3,159	14,951	5,559
Charged to Profit and Loss	[1]	4,275	0	11,080
Reductions	[1]	(1,416)	(11,792)	(1,688)
Ending Balance	[1]	$ 6,018	$ 3,159	$ 14,951

[1] Reflects adjustment of merchandise inventories to realizable value. Charged to Profit and Loss column represents increases to the allowance and the Reductions column represents decreases to the allowance based on quarterly assessments of the allowance.

Other Postretirement Benefit Plans	12 Months Ended
Other Postretirement Benefit Plans	Jan. 28, 2023
Retirement Benefits [Abstract]
Other Postretirement Benefit Plans	Note 12 Other Postretirement Benefit Plans We provide health care benefits for early retirees that meet certain age and years of service criteria and life insurance benefits for certain retirees. Under the health care plan, early retirees are eligible for benefits until age 65 . Employees who met certain requirements are eligible for life insurance benefits. We accrue such benefits during the period in which the employee renders service. As of December 31, 2018, the early retiree medical plan was frozen to new entrants. The grandfathered group of employees as of December 31, 2018 were those that had reached age 45 and had at least 10 years of service with the Company and retire at age 55 or older and have at least 15 years of service with the Company. The measurement date of the assets and liabilities for postretirement medical and life insurance plans is the month-end date that is closest to our fiscal year end. Note 12 Other Postretirement Benefit Plans, Continued Our Consolidated Balance Sheets include other postretirement medical and life insurance liabilities of $ 5.2 million and $ 6.1 million as of January 28, 2023 and January 29, 2022, respectively. The amount recognized in accumulated other comprehensive loss on the Consolidated Balance Sheets was $ 1.3 million and $ 1.7 million as of January 28, 2023 and January 29, 2022, respectively. Our Consolidated Statement of Operations includes net periodic benefit cost for other postretirement benefits of $ 0.3 million and $ 0.2 million in Fiscal 2023 and 2022, respectively, and net periodic benefit income of $ 0.6 million in Fiscal 2021. Section 401(k) Savings Plan We have a Section 401(k) Savings Plan available to all employees, including retail employees who have completed 500 hours of service within the first six months of employment, and are age 18 or older. Since January 1, 2005, we began matching 100 % of each employee’s contribution of up to 3 % of salary and 50 % of the next 2 % of salary. In addition, for those employees hired before December 31, 2004, who were eligible for our cash balance retirement plan before it was frozen, we annually make an additional contribution of 2.5 % of salary to each employee’s account. Participants are immediately vested in their contributions and our matching contribution plus actual earnings thereon. Our contribution expense for the matching program was approximately $ 5.2 million for Fiscal 2023, $ 5.9 million for Fiscal 2022 and $ 2.9 million for Fiscal 2021. As a result of the COVID-19 pandemic, we suspended our match of employee contributions as of May 1, 2020. The match was reinstated on January 1, 2021.

Genesco (GCO) 10-K22 Mar 232023 FY Annual reportFinancial data

Cover Page

Consolidated Balance Sheets

Consolidated Balance Sheets (Pa

Consolidated Statements of Oper

Consolidated Statements of Op_2

Consolidated Statements of Comp

Consolidated Statements of Co_2

Consolidated Statements of Cash

Consolidated Statements of Equi

Summary of Significant Accounti

New Accounting Pronouncements

Goodwill and Other Intangible A

Asset Impairments and Other Cha

Inventories

Property and Equipment and Othe

Fair Value

Long-Term Debt

Leases

Equity

Income Taxes

Other Postretirement Benefit Pl

Earnings Per Share

Share-Based Compensation Plans

Legal Proceedings

Business Segment Information

Valuation and Qualifying Accoun

Summary of Significant Accoun_2

New Accounting Pronouncements (

Summary of Significant Accoun_3

Goodwill and Other Intangible_2

Inventories (Tables)

Property and Equipment and Ot_2

Fair Value (Tables)

Long-Term Debt (Tables)

Leases (Tables)

Equity (Tables)

Income Taxes (Tables)

Earnings Per Share (Tables)

Share-Based Compensation Plans

Business Segment Information (T

Summary of Significant Accoun_4

Summary of Significant Accoun_5

Goodwill and Other Intangible_3

Goodwill and Other Intangible_4

Goodwill and Other Intangible_5

Goodwill and Other Intangible_6

Asset Impairments and Other C_2

Inventories - Schedule of Inven

Property and Equipment and Ot_3

Property and Equipment and Ot_4

Property and Equipment and Ot_5

Fair Value - Schedule of Fair V

Fair Value - Additional Informa

Long-Term Debt - Additional Inf

Long-Term Debt - Schedule of Lo

Leases - Additional Information

Leases - Components of Lease Co

Leases - Schedule of Lease Matu

Leases - Supplemental Informati

Equity - Summary of Non-Redeema

Equity - Additional Information

Income Taxes - Components of Ea

Income Taxes - Income Tax Expen

Income Taxes - Reconciliation o

Income Taxes - Deferred Tax Ass

Income Taxes - Additional Infor

Income Taxes - Deferred Tax Bal

Income Taxes - Reconciliation_2

Other Postretirement Benefit _2

Earnings Per Share - Summary of

Earnings Per Share - Additional

Share-Based Compensation Plan_2

Share-Based Compensation Plan_3

Legal Proceedings - Additional

Business Segment Information -

Business Segment Information _2

Valuation and Qualifying Acco_2