| Financial Information for Reportable Segments |
Financial information for VF’s reportable segments is as follows:
|
|
|
|
|
|
|
|
|
|
Three Months Ended March |
In thousands |
2017 |
|
2016 |
Coalition revenues: |
|
|
|
Outdoor & Action Sports |
$ |
1,678,810 |
|
|
$ |
1,639,085 |
|
Jeanswear |
647,442 |
|
|
710,590 |
|
Imagewear |
134,966 |
|
|
141,811 |
|
Sportswear |
98,317 |
|
|
118,397 |
|
Other |
22,142 |
|
|
24,534 |
|
Total coalition revenues |
$ |
2,581,677 |
|
|
$ |
2,634,417 |
|
Coalition profit: (a)
|
|
|
|
Outdoor & Action Sports |
$ |
230,944 |
|
|
$ |
228,110 |
|
Jeanswear |
118,019 |
|
|
137,294 |
|
Imagewear |
24,400 |
|
|
26,139 |
|
Sportswear |
(1,069 |
) |
|
4,776 |
|
Other |
(2,195 |
) |
|
(2,608 |
) |
Total coalition profit |
370,099 |
|
|
393,711 |
|
Corporate and other expenses (a)
|
(78,692 |
) |
|
(80,622 |
) |
Interest expense, net (b)
|
(20,188 |
) |
|
(20,020 |
) |
Income from continuing operations before income taxes |
$ |
271,219 |
|
|
$ |
293,069 |
|
|
|
(a) |
Certain corporate overhead and other costs of $8.5 million for the three months ended March 2016, previously allocated to the Contemporary Brands, Imagewear and Outdoor & Action Sports coalitions for segment reporting purposes, have been reallocated to continuing operations as discussed in Note B.
|
|
|
(b) |
Interest expense of $0.5 million for the three months ended March 2016, previously allocated to the Contemporary Brands coalition for segment reporting purposes, has been reallocated to continuing operations as discussed in Note B.
|
|