Quarterly report pursuant to Section 13 or 15(d)

Goodwill

v3.8.0.1
Goodwill
 9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill
Changes in goodwill are summarized by business segment as follows:
In thousands
Outdoor &
Action Sports
 
Jeanswear
 
Imagewear
 
Sportswear
 
Total
Balance, December 2016
$
1,310,133

 
$
210,765

 
$
30,111

 
$
157,314

 
$
1,708,323

Impairment charge
—

 
—

 
—

 
(104,651
)
 
(104,651
)
Currency translation
32,260

 
6,941

 
—

 
—

 
39,201

Balance, September 2017
$
1,342,393

 
$
217,706

 
$
30,111

 
$
52,663

 
$
1,642,873


During the third quarter of 2017, VF performed an interim impairment analysis of the Nautica® reporting unit and recorded an impairment charge of $104.7 million. Nautica® is part of the Sportswear coalition. Refer to Note N for additional information on fair value measurements.
As of September 2017, accumulated impairment charges for the Outdoor & Action Sports and Sportswear coalitions were $82.7 million and $163.2 million, respectively. As of December 2016, accumulated impairment charges for the Outdoor & Action Sports and Sportswear coalitions were $82.7 million and $58.5 million, respectively.