The following table provides segment level financial information: | | | | | | | | | | | | | | Thirteen Weeks Ended | | | April 29, 2023 | | April 30, 2022 | | (in thousands) | | Net sales: | | | | | The Children’s Place U.S. | $ | 293,486 | | $ | 327,961 | The Children’s Place International (1) | 28,154 | | 34,389 | | Total net sales | $ | 321,640 | | $ | 362,350 | |
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| Operating income (loss): | | | | | The Children’s Place U.S. | $ | (28,027) | | $ | 16,869 | | The Children’s Place International | (2,040) | | 2,385 | | Total operating income (loss) | $ | (30,067) | | $ | 19,254 | | Operating income (loss) as a percentage of net sales: | | | | | The Children’s Place U.S. | (9.5%) | | 5.1% | | The Children’s Place International | (7.2%) | | 6.9% | | Total operating income (loss) as a percentage of net sales | (9.3%) | | 5.3% | | Depreciation and amortization: | | | | | The Children’s Place U.S. | $ | 10,905 | | $ | 12,587 | | The Children’s Place International | 943 | | 1,028 | | Total depreciation and amortization | $ | 11,848 | | $ | 13,615 | | Capital expenditures: | | | | | The Children’s Place U.S. | $ | 10,972 | | $ | 10,357 | | The Children’s Place International | 10 | | 366 | | Total capital expenditures | $ | 10,982 | | $ | 10,723 |
____________________________________________ (1)Net sales from The Children’s Place International are primarily derived from Canadian operations. The Company’s foreign subsidiaries, primarily in Canada, have operating results based in foreign currencies and are thus subject to the fluctuations of the corresponding translation rates into U.S. dollars.
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