Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION

v3.23.2
REPORTABLE SEGMENT INFORMATION
 3 Months Ended
Jul. 01, 2023
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 primarily includes sourcing activities related to transition services.
Financial information for VF's reportable segments is as follows:
  Three Months Ended June
(In thousands) 2023 2022
Segment revenues:
Outdoor $ 829,697  $ 768,624 
Active 1,066,009  1,253,945 
Work 190,630  238,878 
Other —  148 
Total segment revenues $ 2,086,336  $ 2,261,595 
Segment profit (loss):
Outdoor $ (43,661) $ (46,851)
Active 123,782  214,031 
Work 6,831  35,002 
Other —  (225)
Total segment profit 86,952  201,957 
Corporate and other expenses
 (99,511) (233,309)
Interest expense, net (49,719) (31,262)
Loss before income taxes
 $ (62,278) $ (62,614)