Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION (Tables)

v3.10.0.1
REPORTABLE SEGMENT INFORMATION (Tables)
6 Months Ended
Sep. 29, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Below is a description of VF's reportable segments and the primary brands included within each:
REPORTABLE SEGMENT
 
PRIMARY BRANDS
Outdoor - Outdoor apparel, footwear and equipment
 
The North Face®
 
 
Timberland® (excluding Timberland PRO®)
 
 
Smartwool®
 
 
Icebreaker®
 
 
Altra®
 
 
 
Active - Active apparel, footwear and accessories
 
Vans®
 
 
Kipling®
 
 
Napapijri®
 
 
JanSport®
 
 
Reef®
 
 
Eastpak®
 
 
Eagle Creek®
 
 
 
Work - Work and work-inspired lifestyle apparel, footwear and occupational apparel
 
Dickies®
 
 
Bulwark®
 
 
Red Kap®
 
 
Timberland PRO®
 
 
Wrangler® RIGGS
 
 
Walls®
 
 
Terra® 
 
 
Kodiak®
 
 
Horace Small®
 
 
 
Jeans - Denim and casual apparel
 
Wrangler® (excluding Wrangler® RIGGS)
 
 
Lee®
 
 
Rock and Republic®
Financial Information for Reportable Segments
Financial information for VF's reportable segments is as follows:
 
 
Three Months Ended September
 
 
Six Months Ended September
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
2018
 
 
2017
 
 
2018
 
 
2017
Segment revenues:
 
 
 
 
 
 
 
 
 
 
 
Outdoor
 
$
1,466,503

 
 
$
1,381,002

 
 
$
2,035,103

 
 
$
1,917,252

Active
 
1,299,961

 
 
1,089,616

 
 
2,436,898

 
 
1,998,906

Work
 
472,827

 
 
210,062

 
 
915,429

 
 
416,919

Jeans
 
632,896

 
 
682,884

 
 
1,236,663

 
 
1,270,787

Other
 
35,199

 
 
29,370

 
 
71,439

 
 
57,690

Total segment revenues
 
$
3,907,386

 
 
$
3,392,934

 
 
$
6,695,532

 
 
$
5,661,554

Segment profit:
 
 
 
 
 
 
 
 
 
 
 
Outdoor
 
$
258,121

 
 
$
250,596

 
 
$
174,626

 
 
$
188,578

Active
 
351,051

 
 
273,092

 
 
620,248

 
 
457,720

Work
 
57,917

 
 
34,260

 
 
113,161

 
 
68,419

Jeans
 
97,658

 
 
117,563

 
 
184,707

 
 
198,821

Other
 
539

 
 
(782
)
 
 
2,699

 
 
(1,104
)
Total segment profit
 
765,286

 
 
674,729

 
 
1,095,441

 
 
912,434

Corporate and other expenses (a)
 
(140,672
)
 
 
(101,115
)
 
 
(260,611
)
 
 
(182,361
)
Interest expense, net
 
(25,513
)
 
 
(22,537
)
 
 
(49,397
)
 
 
(43,144
)
Income from continuing operations before income taxes
 
$
599,101

 
 
$
551,077

 
 
$
785,433

 
 
$
686,929

(a) 
Certain corporate overhead and other costs of $4.2 million and $8.4 million for the three and six-month periods ended September 2017, respectively, previously allocated to the former Sportswear and Outdoor & Action Sports segments for segment reporting purposes, have been reallocated to continuing operations as discussed in Note 5.