| Financial Information for Reportable Segments |
Financial information for VF’s reportable segments is as follows:
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Three Months Ended June |
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Six Months Ended June |
In thousands |
2017 |
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2016 |
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2017 |
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2016 |
Coalition revenues: |
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Outdoor & Action Sports |
$ |
1,466,187 |
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$ |
1,412,751 |
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$ |
3,144,997 |
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$ |
3,051,836 |
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Jeanswear |
600,807 |
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629,180 |
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1,248,249 |
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1,339,770 |
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Imagewear |
150,008 |
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134,830 |
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284,974 |
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276,641 |
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Sportswear |
114,259 |
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114,875 |
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212,576 |
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233,272 |
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Other |
28,320 |
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28,830 |
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50,462 |
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|
53,364 |
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Total coalition revenues |
$ |
2,359,581 |
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$ |
2,320,466 |
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$ |
4,941,258 |
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$ |
4,954,883 |
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Coalition profit: (a)
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Outdoor & Action Sports |
$ |
121,773 |
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$ |
123,253 |
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$ |
352,717 |
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$ |
351,363 |
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Jeanswear |
84,757 |
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108,843 |
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202,776 |
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246,137 |
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Imagewear |
25,572 |
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24,377 |
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49,972 |
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50,516 |
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Sportswear |
11,345 |
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|
6,300 |
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10,276 |
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|
11,076 |
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Other |
(293 |
) |
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(574 |
) |
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(2,488 |
) |
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(3,182 |
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Total coalition profit |
243,154 |
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262,199 |
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|
613,253 |
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|
655,910 |
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Corporate and other expenses (a)
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(76,785 |
) |
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(66,276 |
) |
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(155,477 |
) |
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(146,898 |
) |
Interest expense, net |
(20,607 |
) |
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(21,394 |
) |
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(40,795 |
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(41,414 |
) |
Income from continuing operations before income taxes |
$ |
145,762 |
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$ |
174,529 |
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$ |
416,981 |
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$ |
467,598 |
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(a) |
Certain corporate overhead and other costs of $6.0 million and $12.2 million for the three and six-month periods ended June 2016, previously allocated to the Imagewear and Outdoor & Action Sports coalitions for segment reporting purposes, have been reallocated to continuing operations as discussed in Note B.
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