FAIR VALUE MEASUREMENTS - Additional Information (Details)
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3 Months Ended |
12 Months Ended |
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Mar. 30, 2024
USD ($)
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Dec. 30, 2023
USD ($)
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Sep. 30, 2023
USD ($)
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Apr. 01, 2023
USD ($)
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Oct. 01, 2022
USD ($)
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Mar. 30, 2024
USD ($)
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Apr. 01, 2023
USD ($)
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Apr. 02, 2022
USD ($)
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Dec. 31, 2023
USD ($)
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Mar. 31, 2022
USD ($)
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Dec. 28, 2020
USD ($)
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Long-term debt, carrying values |
$ 5,703,005,000
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$ 6,635,319,000
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$ 5,703,005,000
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$ 6,635,319,000
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| Long-term debt, fair values |
5,263,300,000
|
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6,244,400,000
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5,263,300,000
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6,244,400,000
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| Impairment charges for property, plant and equipment |
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39,400,000
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3,000,000
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$ 6,400,000
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| Impairment of goodwill and intangible assets |
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$ 507,566,000
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735,009,000
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0
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| Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration] |
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Impairment of goodwill and intangible assets
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| Goodwill |
1,460,414,000
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1,978,413,000
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$ 1,460,414,000
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1,978,413,000
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2,393,807,000
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| Trademarks and trade names |
$ 2,553,519,000
|
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2,553,919,000
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2,553,519,000
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2,553,919,000
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| Impairment of goodwill and intangible assets |
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|
507,566,000
|
394,131,000
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0
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| Impairment of indefinite lived intangible assets |
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$ 0
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0
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| Measurement Input, Discount Rate | Minimum |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Intangible assets measurement input |
0.120
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0.120
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| Measurement Input, Discount Rate | Maximum |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Intangible assets measurement input |
0.185
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0.185
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| Measurement Input, Discount Rate | Weighted Average |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Intangible assets measurement input |
0.142
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0.142
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| Measurement Input, Royalty Rate | Minimum |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Intangible assets measurement input |
0.040
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0.040
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| Measurement Input, Royalty Rate | Maximum |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Intangible assets measurement input |
0.100
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0.100
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| Measurement Input, Royalty Rate | Weighted Average |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
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| Intangible assets measurement input |
0.070
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0.070
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| Measurement Input, Revenue Growth Rate | Minimum |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Intangible assets measurement input |
0.020
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0.020
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| Measurement Input, Revenue Growth Rate | Maximum |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
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|
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| Intangible assets measurement input |
0.035
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|
0.035
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| Measurement Input, Revenue Growth Rate | Weighted Average |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
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| Intangible assets measurement input |
0.023
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|
0.023
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| Outdoor |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Goodwill |
$ 205,868,000
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|
653,787,000
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$ 205,868,000
|
653,787,000
|
660,786,000
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| Impairment of goodwill and intangible assets |
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|
445,757,000
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0
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| Work |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Goodwill |
51,500,000
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|
113,382,000
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|
51,500,000
|
113,382,000
|
113,900,000
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| Impairment of goodwill and intangible assets |
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|
61,809,000
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0
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| Active |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Goodwill |
1,203,046,000
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1,211,244,000
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|
1,203,046,000
|
1,211,244,000
|
1,619,121,000
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| Impairment of goodwill and intangible assets |
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0
|
394,131,000
|
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| Timberland | Outdoor |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Goodwill |
211,700,000
|
$ 407,900,000
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|
211,700,000
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| Trademarks and trade names |
999,500,000
|
999,500,000
|
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|
999,500,000
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| Impairment of goodwill and intangible assets |
211,700,000
|
195,300,000
|
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| Impairment of indefinite lived intangible assets |
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|
$ 0
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| Sensitivity analysis, decrease in annual growth rate assumption for revenues, percentage |
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|
0.40
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| Sensitivity analysis, increase in the discount rate assumption |
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0.0100
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| Timberland | Outdoor | Trademarks |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Impairment of indefinite lived intangible assets |
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$ 0
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| Fair value exceeding carrying value of indefinite-lived intangible asset, percent |
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14.00%
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| Dickies | Work |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Impairment of goodwill and intangible assets |
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$ 0
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| Goodwill |
|
61,800,000
|
61,200,000
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| Trademarks and trade names |
290,000,000
|
290,000,000
|
$ 290,000,000
|
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$ 290,000,000
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| Impairment of goodwill and intangible assets |
|
$ 61,800,000
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$ 61,800,000
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| Sensitivity analysis, decrease in annual growth rate assumption for revenues, percentage |
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|
0.50
|
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| Sensitivity analysis, increase in the discount rate assumption |
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0.0200
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| Fair value exceeding carrying value of goodwill, percent |
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|
8.00%
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| Dickies | Work | Trademarks |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
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| Impairment of indefinite lived intangible assets |
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$ 0
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| Fair value exceeding carrying value of indefinite-lived intangible asset, percent |
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|
16.00%
|
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| Icebreaker | Outdoor |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
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| Goodwill |
|
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$ 81,200,000
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| Trademarks and trade names |
|
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|
62,100,000
|
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| Impairment of goodwill and intangible assets |
$ 38,800,000
|
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|
$ 38,800,000
|
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|
| Icebreaker | Outdoor | Trademarks |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
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|
|
|
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| Impairment of indefinite lived intangible assets |
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|
0
|
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| Supreme Reporting Units |
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
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|
|
|
|
|
|
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| Goodwill |
|
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|
825,900,000
|
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|
825,900,000
|
|
|
|
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| Trademarks and trade names |
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|
852,000,000
|
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|
852,000,000
|
|
|
|
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| Impairment of goodwill and intangible assets |
|
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|
165,100,000
|
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| Impairment of indefinite lived intangible assets |
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|
$ 148,000,000
|
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| Supreme Reporting Units | Active |
|
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
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| Impairment of goodwill and intangible assets |
|
|
|
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|
$ 0
|
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| Goodwill |
|
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|
$ 1,210,000,000
|
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|
819,700,000
|
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|
| Trademarks and trade names |
|
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|
|
1,190,000,000
|
|
|
|
852,000,000
|
|
|
| Impairment of goodwill and intangible assets |
|
|
|
|
229,000,000
|
|
$ 394,100,000
|
|
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| Impairment of indefinite lived intangible assets |
|
|
|
|
$ 192,900,000
|
|
|
|
|
|
|
| Sensitivity analysis, decrease in annual growth rate assumption for revenues, percentage |
|
|
|
|
|
0.10
|
|
|
|
|
|
| Sensitivity analysis, increase in the discount rate assumption |
|
|
|
|
|
0.0050
|
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|
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| Fair value exceeding carrying value of goodwill, percent |
|
|
|
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|
8.00%
|
|
|
|
|
|
| Sensitivity analysis, reduction in the annual growth assumption for EBITDA |
|
|
|
|
|
0.20
|
|
|
|
|
|
| Sensitivity analysis, increase in the discount rate used in the discounted cash flow model |
|
|
|
|
|
0.0100
|
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|
|
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|
| Supreme Reporting Units | Active | Trademarks |
|
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|
|
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|
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
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| Fair value exceeding carrying value of indefinite-lived intangible asset, percent |
|
|
|
|
|
3.00%
|
|
|
|
|
|
| Timberland Pro Reporting Unit | Outdoor |
|
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|
|
|
|
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| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Goodwill |
|
|
|
|
|
|
|
|
51,500,000
|
|
|
| Fair value exceeding carrying value of goodwill, percent |
|
|
|
|
|
17.00%
|
|
|
|
|
|
| Sensitivity analysis, reduction in the annual growth assumption for EBITDA |
|
|
|
|
|
0.20
|
|
|
|
|
|
| Sensitivity analysis, increase in the discount rate used in the discounted cash flow model |
|
|
|
|
|
0.0200
|
|
|
|
|
|
| Altra Reporting Units | Outdoor |
|
|
|
|
|
|
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Goodwill |
|
|
|
|
|
|
|
|
53,500,000
|
|
|
| Trademarks and trade names |
|
|
|
|
|
|
|
|
75,400,000
|
|
|
| Altra Reporting Units | Active |
|
|
|
|
|
|
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Impairment of goodwill and intangible assets |
|
|
|
|
|
$ 0
|
|
|
|
|
|
| Goodwill |
|
|
|
|
|
|
|
|
61,700,000
|
|
|
| Trademarks and trade names |
|
|
|
|
|
|
|
|
46,400,000
|
|
|
| Fair value exceeding carrying value of goodwill, percent |
|
|
|
|
|
15.00%
|
|
|
|
|
|
| Sensitivity analysis, reduction in the annual growth assumption for EBITDA |
|
|
|
|
|
0.10
|
|
|
|
|
|
| Sensitivity analysis, increase in the discount rate used in the discounted cash flow model |
|
|
|
|
|
0.0200
|
|
|
|
|
|
| Smartwool Reporting Units | Active |
|
|
|
|
|
|
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Impairment of goodwill and intangible assets |
|
|
|
|
|
$ 0
|
|
|
|
|
|
| Other Reporting Units | Active |
|
|
|
|
|
|
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Goodwill |
|
|
|
|
|
|
|
|
443,500,000
|
|
|
| Trademarks and trade names |
|
|
|
|
|
|
|
|
$ 522,300,000
|
|
|
| Selling, general and administrative expenses |
|
|
|
|
|
|
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Contingent consideration arrangements, liability paid |
|
|
|
|
|
|
|
$ 150,000,000
|
|
|
|
| Supreme |
|
|
|
|
|
|
|
|
|
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
| Contingent consideration liability |
|
|
|
|
|
|
|
|
|
|
$ 207,000,000
|
| Contingent consideration |
|
|
|
|
|
|
|
|
|
$ 57,000,000
|
|