Company: SPWH
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0000950170-25-048890
Chunk: 269

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1B
Chunk 269
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356,550

        Difference between undiscounted and discounted cash flows
         
        $
        104,207

       The Company has excluded in the table above approximately $7.9 million for a lease (undiscounted basis) that was entered into as of April 2, 2025. This lease will commence in 2025 with lease terms of 12 years.

(6) Segments The Company has one reportable segment, Sportsman's Warehouse, which operates solely as a sporting goods retailer, including both retail stores and an e-commerce platform. The single operating segment derives revenues from customers purchasing goods from both the Company’s retail stores and its e-commerce platform.The accounting policies of the single operating segment are the same as those described in the summary of significant accounting policies. The CODM assesses performance for the single operating segment and decides how to allocate resources based on net income (loss) that also is reported on the consolidated statement of operations. The measure of segment assets is reported on the balance sheet as total consolidated assets. Asset information is not presented here because its presentation here would be duplicative of the consolidated balance sheets.Net income is used in monitoring budget versus actual results. The CODM also uses net income (loss) in competitive analysis by benchmarking to the Company’s competitors. The competitive analysis along with the monitoring of budgeted versus actual results are used in assessing performance of the segment and in establishing management’s compensation.The Company's single reportable segment revenue, segment profit or loss, and significant segment expenses are as follows: 

75

        Fiscal Year Ended

        February 1,

        February 3,

        January 28,

        2025

        2024

        2023

        Net sales
         
        $
        1,197,633

        $
        1,287,987

        $
        1,399,515

        Cost of goods sold

        827,167

        904,574

        939,275

        Gross profit

        370,466

        383,413

        460,240

        Selling, general and administrative expenses

        Payroll

        165,262

        179,305

        192,099

        Rent

        93,386

        90,039

        78,502

        Depreciation and amortization

        40,498

        39,009

        31,776