Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION

v3.21.2
REPORTABLE SEGMENT INFORMATION
6 Months Ended
Oct. 02, 2021
Segment Reporting [Abstract]  
REPORTABLE SEGMENT INFORMATION REPORTABLE SEGMENT INFORMATION
The chief operating decision maker allocates resources and assesses performance based on a global brand view which represents VF's operating segments. The operating segments have been evaluated and combined into reportable segments because they meet the similar economic characteristics and qualitative aggregation criteria set forth in the relevant accounting guidance.
The Company's reportable segments have been identified as: Outdoor, Active and Work. We have included an Other category in the table below for purposes of reconciliation of revenues and profit, but it is not considered a reportable segment. Other includes results primarily related to the sale of non-VF products and sourcing activities related to transition services.
Financial information for VF's reportable segments is as follows:
  Three Months Ended September Six Months Ended September
(In thousands) 2021 2020 2021 2020
Segment revenues:
Outdoor $ 1,506,621  $ 1,154,407  $ 2,124,375  $ 1,495,635 
Active 1,392,173  1,200,202  2,694,241  1,771,518 
Work 299,163  253,551  573,898  415,981 
Other 278  164  278  1,483 
Total segment revenues $ 3,198,235  $ 2,608,324  $ 5,392,792  $ 3,684,617 
Segment profit (loss):
Outdoor $ 284,076  $ 132,475  $ 212,329  $ (28,236)
Active 284,349  259,123  555,211  266,259 
Work 61,973  8,173  102,977  (3,228)
Other (370) (2,526) (652) (4,887)
Total segment profit 630,028  397,245  869,865  229,908 
Corporate and other expenses
(63,993) (72,653) (91,905) (190,312)
Interest expense, net (34,370) (30,931) (67,145) (58,880)
Income (loss) from continuing operations before income taxes
$ 531,665  $ 293,661  $ 710,815  $ (19,284)