Financial Information for Reportable Segments |
Financial information for VF's reportable segments is as follows:
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Three Months Ended September |
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Six Months Ended September |
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(In thousands) |
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2018 |
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2017 |
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2018 |
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2017 |
Segment revenues: |
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Outdoor |
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$ |
1,466,503 |
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$ |
1,381,002 |
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$ |
2,035,103 |
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$ |
1,917,252 |
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Active |
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1,299,961 |
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1,089,616 |
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2,436,898 |
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1,998,906 |
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Work |
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472,827 |
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210,062 |
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915,429 |
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416,919 |
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Jeans |
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632,896 |
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682,884 |
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1,236,663 |
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1,270,787 |
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Other |
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35,199 |
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29,370 |
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71,439 |
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57,690 |
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Total segment revenues |
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$ |
3,907,386 |
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$ |
3,392,934 |
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$ |
6,695,532 |
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$ |
5,661,554 |
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Segment profit: |
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Outdoor |
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$ |
258,121 |
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$ |
250,596 |
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$ |
174,626 |
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$ |
188,578 |
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Active |
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351,051 |
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273,092 |
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620,248 |
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457,720 |
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Work |
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57,917 |
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34,260 |
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113,161 |
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68,419 |
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Jeans |
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97,658 |
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117,563 |
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184,707 |
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198,821 |
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Other |
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539 |
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(782 |
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2,699 |
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(1,104 |
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Total segment profit |
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765,286 |
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674,729 |
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1,095,441 |
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912,434 |
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Corporate and other expenses (a)
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(140,672 |
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(101,115 |
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(260,611 |
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(182,361 |
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Interest expense, net |
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(25,513 |
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(22,537 |
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(49,397 |
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(43,144 |
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Income from continuing operations before income taxes |
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$ |
599,101 |
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$ |
551,077 |
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$ |
785,433 |
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$ |
686,929 |
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(a) |
Certain corporate overhead and other costs of $4.2 million and $8.4 million for the three and six-month periods ended September 2017, respectively, previously allocated to the former Sportswear and Outdoor & Action Sports segments for segment reporting purposes, have been reallocated to continuing operations as discussed in Note 5.
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