Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v3.5.0.2
Goodwill
 9 Months Ended
Oct. 01, 2016
Goodwill

Note G – Goodwill

Changes in goodwill are summarized by business segment as follows:

 

In thousands    Outdoor &
Action Sports		      Jeanswear      Imagewear      Sportswear      Total  

Balance, December 2015

    $ 1,359,475       $ 212,871       $ 58,747       $ 157,314       $ 1,788,407   

Currency translation

      8,443         1,624         —           —           10,067   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Balance, September 2016

    $ 1,367,918       $ 214,495       $ 58,747       $ 157,314       $ 1,798,474   
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Accumulated impairment charges were $43.4 million for the Outdoor & Action Sports coalition and $58.5 million for the Sportswear coalition as of the dates presented above.

There were no impairment charges recorded in the third quarter or first nine months of 2016. Refer to Note O for discussion of the Company’s interim impairment testing of the Nautica® reporting unit during the third quarter of 2016.