Quarterly report pursuant to Section 13 or 15(d)

Business Segment Information

v2.4.0.6
Business Segment Information
9 Months Ended
Sep. 29, 2012
Business Segment Information

Note G — Business Segment Information

VF’s businesses are grouped into product categories, and by brands within those product categories, for internal financial reporting used by management. These groupings of businesses within VF are referred to as “coalitions” and are the basis for VF’s reportable business segments. Financial information for VF’s reportable segments is as follows:

 

     Three Months Ended
September
    Nine Months Ended
September
 
In thousands    2012     2011     2012     2011  

Coalition revenues:

        

Outdoor & Action Sports

   $ 1,852,267      $ 1,436,832      $ 4,156,208      $ 2,942,975   

Jeanswear

     718,812        727,595        2,054,529        2,020,205   

Imagewear

     284,526        277,564        813,540        768,446   

Sportswear

     154,190        151,826        394,593        383,992   

Contemporary Brands

     104,165        126,182        339,016        356,201   

Other

     34,394        30,072        88,709        77,174   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total coalition revenues

   $ 3,148,354      $ 2,750,071      $ 7,846,595      $ 6,548,993   
  

 

 

   

 

 

   

 

 

   

 

 

 

Coalition profit:

        

Outdoor & Action Sports

   $ 413,012      $ 320,876      $ 697,181      $ 554,253   

Jeanswear

     131,447        109,691        335,566        327,182   

Imagewear

     37,463        39,728        110,753        116,897   

Sportswear

     18,499        18,294        40,711        37,382   

Contemporary Brands

     13,436        8,076        40,286        28,449   

Other

     1,377        7        133        (2,003
  

 

 

   

 

 

   

 

 

   

 

 

 

Total coalition profit

     615,234        496,672        1,224,630        1,062,160   

Corporate and other expenses

     (76,773     (73,027     (164,779     (179,867

Interest, net

     (23,209     (19,300     (67,921     (48,726
  

 

 

   

 

 

   

 

 

   

 

 

 

Income before income taxes

   $ 515,252      $ 404,345      $ 991,930      $ 833,567   
  

 

 

   

 

 

   

 

 

   

 

 

 

Timberland has been reported in the Outdoor & Action Sports Coalition since its acquisition date.