Financial Information for Reportable Segments |
Financial information for VF's reportable segments is as follows:
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Three Months Ended December |
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Nine Months Ended December |
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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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$ |
1,612,605 |
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$ |
1,456,654 |
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$ |
3,647,708 |
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$ |
3,373,906 |
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Active |
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1,142,580 |
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983,983 |
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3,579,478 |
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2,982,889 |
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Work |
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493,587 |
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482,827 |
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1,409,016 |
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899,746 |
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Jeans |
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657,853 |
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692,506 |
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1,894,516 |
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1,963,293 |
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Other |
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33,534 |
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33,313 |
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104,973 |
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91,003 |
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Total segment revenues |
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$ |
3,940,159 |
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$ |
3,649,283 |
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$ |
10,635,691 |
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$ |
9,310,837 |
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Segment profit: |
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Outdoor |
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$ |
338,009 |
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$ |
275,509 |
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$ |
512,635 |
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$ |
464,087 |
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Active |
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272,862 |
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198,872 |
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893,110 |
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656,592 |
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Work |
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62,491 |
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57,509 |
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175,652 |
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125,928 |
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Jeans |
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67,804 |
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93,196 |
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252,511 |
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292,017 |
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Other |
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(151 |
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209 |
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2,548 |
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(895 |
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Total segment profit |
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741,015 |
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625,295 |
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1,836,456 |
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1,537,729 |
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Corporate and other expenses (a)
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(150,884 |
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(142,578 |
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(411,495 |
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(324,939 |
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Interest expense, net |
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(23,847 |
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(22,548 |
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(73,244 |
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(65,692 |
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Income from continuing operations before income taxes |
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$ |
566,284 |
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$ |
460,169 |
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$ |
1,351,717 |
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$ |
1,147,098 |
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(a) |
Certain corporate overhead and other costs of $4.1 million and $12.5 million for the three and nine-month periods ended December 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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