Annual report pursuant to Section 13 and 15(d)

Goodwill

v3.6.0.2
Goodwill
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill
Changes in goodwill are summarized by business segment as follows:
 
 
Outdoor &
Action Sports
 
Jeanswear
 
Imagewear
 
Sportswear
 
Total
 
In thousands
Balance, December 2014
$
1,389,453

 
$
219,442

 
$
58,747

 
$
157,314

 
$
1,824,956

Currency translation
(29,978
)
 
(6,571
)
 
—

 
—

 
(36,549
)
Balance, December 2015
1,359,475

 
212,871

 
58,747

 
157,314

 
1,788,407

Impairment charge
(39,344
)
 
—

 
—

 
—

 
(39,344
)
Currency translation
(9,998
)
 
(2,106
)
 
—

 
—

 
(12,104
)
Balance, December 2016
$
1,310,133

 
$
210,765

 
$
58,747

 
$
157,314

 
$
1,736,959


In 2016, VF recorded an impairment charge of $39.3 million to write-off the remaining goodwill balance related to its lucy® brand reporting unit, which is part of the Outdoor & Action Sports coalition. VF did not record any impairment charges in 2015 or 2014. Refer to Note T for additional information on fair value measurements.
Accumulated impairment charges for the Outdoor & Action Sports and Sportswear coalitions were $82.7 million and $58.5 million as of December 2016, respectively, and $43.4 million and $58.5 million as of December 2015, respectively.