Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION

v3.22.2.2
REPORTABLE SEGMENT INFORMATION
 6 Months Ended
Oct. 01, 2022
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, but it is not considered a reportable segment. Other includes results primarily related to sourcing activities related to transition services.
Financial information for VF's reportable segments is as follows:
  Three Months Ended September Six Months Ended September
(In thousands) 2022 2021 2022 2021
Segment revenues:
Outdoor $ 1,555,328  $ 1,506,621  $ 2,323,952  $ 2,124,375 
Active 1,260,110  1,392,173  2,514,055  2,694,241 
Work 265,162  299,163  504,040  573,898 
Other —  278  148  278 
Total segment revenues $ 3,080,600  $ 3,198,235  $ 5,342,195  $ 5,392,792 
Segment profit (loss):
Outdoor $ 260,439  $ 284,076  $ 213,588  $ 212,329 
Active 180,255  284,349  394,286  555,211 
Work 39,500  61,973  74,502  102,977 
Other (157) (370) (382) (652)
Total segment profit 480,037  630,028  681,994  869,865 
Impairment of goodwill and intangible assets
 (421,922) —  (421,922) — 
Corporate and other expenses
 (158,214) (63,993) (391,523) (91,905)
Interest expense, net (33,903) (34,370) (65,165) (67,145)
Income (loss) from continuing operations before income taxes
 $ (134,002) $ 531,665  $ (196,616) $ 710,815