| Business Segment Information |
Note I — 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:
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| |
|
Three Months Ended
June |
|
|
Six Months Ended
June |
|
| In thousands |
|
2013 |
|
|
2012 |
|
|
2013 |
|
|
2012 |
|
|
Coalition
revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outdoor & Action
Sports
|
|
$ |
1,103,608 |
|
|
$ |
1,039,974 |
|
|
$ |
2,487,882 |
|
|
$ |
2,303,941 |
|
|
Jeanswear
|
|
|
611,749 |
|
|
|
594,006 |
|
|
|
1,329,678 |
|
|
|
1,335,717 |
|
|
Imagewear
|
|
|
241,827 |
|
|
|
251,493 |
|
|
|
494,584 |
|
|
|
529,014 |
|
|
Sportswear
|
|
|
133,478 |
|
|
|
117,488 |
|
|
|
261,711 |
|
|
|
240,403 |
|
|
Contemporary
Brands
|
|
|
98,614 |
|
|
|
107,947 |
|
|
|
202,341 |
|
|
|
234,851 |
|
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Other
|
|
|
31,135 |
|
|
|
30,878 |
|
|
|
56,084 |
|
|
|
54,315 |
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|
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|
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Total coalition
revenues
|
|
$ |
2,220,411 |
|
|
$ |
2,141,786 |
|
|
$ |
4,832,280 |
|
|
$ |
4,698,241 |
|
|
|
|
|
|
|
|
|
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|
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Coalition
profit:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outdoor & Action
Sports
|
|
$ |
100,458 |
|
|
$ |
82,469 |
|
|
$ |
326,960 |
|
|
$ |
284,169 |
|
|
Jeanswear
|
|
|
108,874 |
|
|
|
93,347 |
|
|
|
252,217 |
|
|
|
204,119 |
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|
Imagewear
|
|
|
35,059 |
|
|
|
30,364 |
|
|
|
66,645 |
|
|
|
73,290 |
|
|
Sportswear
|
|
|
16,278 |
|
|
|
11,486 |
|
|
|
28,494 |
|
|
|
22,212 |
|
|
Contemporary
Brands
|
|
|
7,878 |
|
|
|
11,992 |
|
|
|
20,454 |
|
|
|
26,850 |
|
|
Other
|
|
|
509 |
|
|
|
366 |
|
|
|
(2,148 |
) |
|
|
(1,244 |
) |
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Total coalition
profit
|
|
|
269,056 |
|
|
|
230,024 |
|
|
|
692,622 |
|
|
|
609,396 |
|
|
Corporate and other
expenses
|
|
|
(69,234 |
) |
|
|
(24,482 |
) |
|
|
(134,033 |
) |
|
|
(88,006 |
) |
|
Interest, net
|
|
|
(20,719 |
) |
|
|
(22,405 |
) |
|
|
(41,237 |
) |
|
|
(44,712 |
) |
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
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Income before income
taxes
|
|
$ |
179,103 |
|
|
$ |
183,137 |
|
|
$ |
517,352 |
|
|
$ |
476,678 |
|
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