Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION

v3.20.2
REPORTABLE SEGMENT INFORMATION
 3 Months Ended
Jun. 27, 2020
Segment Reporting [Abstract]  
REPORTABLE SEGMENT INFORMATION REPORTABLE SEGMENT INFORMATION
The chief operating decision maker allocates resources and assesses performance based on a global brand view which represents VF's operating segments. The operating segments have been evaluated and combined into reportable segments because they meet the similar economic characteristics and qualitative aggregation criteria set forth in the relevant accounting guidance.
The Company's reportable segments have been identified as: Outdoor, Active and Work. We have included an Other category in the table below for purposes of reconciliation of revenues and profit (loss), but it is not considered a reportable segment. Other includes results primarily related to the sale of non-VF products.
Financial information for VF's reportable segments was as follows:
  Three Months Ended June
(In thousands) 2020 2019
Segment revenues:
Outdoor $ 341,228    $ 610,620   
Active 571,316    1,232,126   
Work 162,430    201,646   
Other 1,319    6,262   
Total segment revenues $ 1,076,293    $ 2,050,654   
Segment profit (loss):
Outdoor $ (160,711)   $ (80,270)  
Active 7,136    307,566   
Work (11,401)   15,471   
Other (2,361)   (1,616)  
Total segment profit (loss) (167,337)   241,151   
Corporate and other expenses (a)
(117,659)   (139,632)  
Interest expense, net (27,949)   (15,583)  
Income (loss) from continuing operations before income taxes
 $ (312,945)   $ 85,936   
(a)Certain corporate overhead and other costs of $6.1 million for the three-month period ended June 2019, previously allocated to the Work segment have been reallocated to continuing operations.