Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION (Tables)

v3.10.0.1
REPORTABLE SEGMENT INFORMATION (Tables)
9 Months Ended
Dec. 29, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Below is a description of VF's reportable segments and the primary brands included within each:
REPORTABLE SEGMENT
 
PRIMARY BRANDS
Outdoor - Outdoor apparel, footwear and equipment
 
The North Face®
 
 
Timberland® (excluding Timberland PRO®)
 
 
Smartwool®
 
 
Icebreaker®
 
 
Altra®
 
 
 
Active - Active apparel, footwear and accessories
 
Vans®
 
 
Kipling®
 
 
Napapijri®
 
 
JanSport®
 
 
Reef®
 
 
Eastpak®
 
 
Eagle Creek®
 
 
 
Work - Work and work-inspired lifestyle apparel, footwear and occupational apparel
 
Dickies®
 
 
Bulwark®
 
 
Red Kap®
 
 
Timberland PRO®
 
 
Wrangler® RIGGS
 
 
Walls®
 
 
Terra® 
 
 
Kodiak®
 
 
Horace Small®
 
 
 
Jeans - Denim and casual apparel
 
Wrangler® (excluding Wrangler® RIGGS)
 
 
Lee®
 
 
Rock and Republic®
Financial Information for Reportable Segments
Financial information for VF's reportable segments is as follows:
 
 
Three Months Ended December
 
 
Nine Months Ended December
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
2018
 
 
2017
 
 
2018
 
 
2017
Segment revenues:
 
 
 
 
 
 
 
 
 
 
 
Outdoor
 
$
1,612,605

 
 
$
1,456,654

 
 
$
3,647,708

 
 
$
3,373,906

Active
 
1,142,580

 
 
983,983

 
 
3,579,478

 
 
2,982,889

Work
 
493,587

 
 
482,827

 
 
1,409,016

 
 
899,746

Jeans
 
657,853

 
 
692,506

 
 
1,894,516

 
 
1,963,293

Other
 
33,534

 
 
33,313

 
 
104,973

 
 
91,003

Total segment revenues
 
$
3,940,159

 
 
$
3,649,283

 
 
$
10,635,691

 
 
$
9,310,837

Segment profit:
 
 
 
 
 
 
 
 
 
 
 
Outdoor
 
$
338,009

 
 
$
275,509

 
 
$
512,635

 
 
$
464,087

Active
 
272,862

 
 
198,872

 
 
893,110

 
 
656,592

Work
 
62,491

 
 
57,509

 
 
175,652

 
 
125,928

Jeans
 
67,804

 
 
93,196

 
 
252,511

 
 
292,017

Other
 
(151
)
 
 
209

 
 
2,548

 
 
(895
)
Total segment profit
 
741,015

 
 
625,295

 
 
1,836,456

 
 
1,537,729

Corporate and other expenses (a)
 
(150,884
)
 
 
(142,578
)
 
 
(411,495
)
 
 
(324,939
)
Interest expense, net
 
(23,847
)
 
 
(22,548
)
 
 
(73,244
)
 
 
(65,692
)
Income from continuing operations before income taxes
 
$
566,284

 
 
$
460,169

 
 
$
1,351,717

 
 
$
1,147,098

(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.