Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Detail)

v2.4.1.9
Earnings Per Share (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 12 Months Ended
Jan. 03, 2015
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
Dec. 28, 2013
Sep. 28, 2013
Jun. 29, 2013
Mar. 30, 2013
Jan. 03, 2015
Dec. 28, 2013
Dec. 29, 2012
Earnings per share - basic:                      
Net income                 $ 1,047,505us-gaap_ProfitLoss $ 1,210,119us-gaap_ProfitLoss $ 1,086,138us-gaap_ProfitLoss
Net (income) loss attributable to noncontrolling interests                     (139)us-gaap_IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
Net income attributable to VF Corporation 122,101us-gaap_NetIncomeLoss [1],[2] 470,529us-gaap_NetIncomeLoss [1],[2] 157,682us-gaap_NetIncomeLoss [1],[2] 297,193us-gaap_NetIncomeLoss [1],[2] 367,667us-gaap_NetIncomeLoss [1],[3] 433,761us-gaap_NetIncomeLoss [1],[3] 138,274us-gaap_NetIncomeLoss [1],[3] 270,417us-gaap_NetIncomeLoss [1],[3] 1,047,505us-gaap_NetIncomeLoss [1],[2] 1,210,119us-gaap_NetIncomeLoss [1],[3] 1,085,999us-gaap_NetIncomeLoss
Weighted average common shares outstanding                 432,611us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 438,657us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 439,292us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Earnings per share attributable to VF Corporation common stockholders $ 0.28us-gaap_EarningsPerShareBasic [1],[2],[4] $ 1.09us-gaap_EarningsPerShareBasic [1],[2],[4] $ 0.37us-gaap_EarningsPerShareBasic [1],[2],[4] $ 0.68us-gaap_EarningsPerShareBasic [1],[2],[4] $ 0.84us-gaap_EarningsPerShareBasic [1],[3],[4] $ 0.99us-gaap_EarningsPerShareBasic [1],[3],[4] $ 0.32us-gaap_EarningsPerShareBasic [1],[3],[4] $ 0.61us-gaap_EarningsPerShareBasic [1],[3],[4] $ 2.42us-gaap_EarningsPerShareBasic [1],[2],[4] $ 2.76us-gaap_EarningsPerShareBasic [1],[3],[4] $ 2.47us-gaap_EarningsPerShareBasic
Earnings per share - diluted:                      
Net income attributable to VF Corporation $ 122,101us-gaap_NetIncomeLoss [1],[2] $ 470,529us-gaap_NetIncomeLoss [1],[2] $ 157,682us-gaap_NetIncomeLoss [1],[2] $ 297,193us-gaap_NetIncomeLoss [1],[2] $ 367,667us-gaap_NetIncomeLoss [1],[3] $ 433,761us-gaap_NetIncomeLoss [1],[3] $ 138,274us-gaap_NetIncomeLoss [1],[3] $ 270,417us-gaap_NetIncomeLoss [1],[3] $ 1,047,505us-gaap_NetIncomeLoss [1],[2] $ 1,210,119us-gaap_NetIncomeLoss [1],[3] $ 1,085,999us-gaap_NetIncomeLoss
Weighted average common shares outstanding                 432,611us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 438,657us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 439,292us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Incremental shares from stock options and other dilutive securities                 7,542us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 8,152us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 8,324us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
Adjusted weighted average common shares outstanding                 440,153us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 446,809us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 447,616us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Earnings per share attributable to VF Corporation common stockholders $ 0.28us-gaap_EarningsPerShareDiluted [1],[2],[4] $ 1.08us-gaap_EarningsPerShareDiluted [1],[2],[4] $ 0.36us-gaap_EarningsPerShareDiluted [1],[2],[4] $ 0.67us-gaap_EarningsPerShareDiluted [1],[2],[4] $ 0.82us-gaap_EarningsPerShareDiluted [1],[3],[4] $ 0.97us-gaap_EarningsPerShareDiluted [1],[3],[4] $ 0.31us-gaap_EarningsPerShareDiluted [1],[3],[4] $ 0.60us-gaap_EarningsPerShareDiluted [1],[3],[4] $ 2.38us-gaap_EarningsPerShareDiluted [1],[2],[4] $ 2.71us-gaap_EarningsPerShareDiluted [1],[3],[4] $ 2.43us-gaap_EarningsPerShareDiluted
[1] The fourth quarter and full year 2014 consisted of 14 weeks and 53 weeks, respectively, compared with 13 weeks and 52 weeks in the respective 2013 periods.
[2] Goodwill and intangible asset impairment charges in the fourth quarter of 2014 reduced fourth quarter and full year operating results as follows: operating income - $396.4 million; net income - $306.8 million; basic earnings per share - $0.71; and diluted earnings per share - $0.70. See Notes F, G and T.
[3] Transaction and restructuring costs related to the acquisition of Timberland reduced operating results in 2013 as follows: First Second Third Fourth Full Quarter Quarter Quarter Quarter Year In millions, except per share amounts Operating income $ 2.8 $ 4.5 $ 2.8 $ 0.6 $ 10.7 Net income 2.2 3.8 2.2 0.6 8.8 Earnings per share: Basic $ 0.01 $ 0.01 $ - $ - $ 0.02 Diluted $ 0.01 $ 0.01 $ - $ - $ 0.02
[4] Per share amounts are computed independently for each of the quarters presented. The sum of the quarters may not equal the total year amount due to the impact of changes in average quarterly shares outstanding and all other quarterly amounts may not equal the total year due to rounding.