Annual report pursuant to Section 13 and 15(d)

DISCONTINUED OPERATIONS (Tables)

v3.23.1
DISCONTINUED OPERATIONS (Tables)
 12 Months Ended
Apr. 01, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations Presented in Financial Statements
The following table summarizes the major line items for the Occupational Workwear business that are included in the income from discontinued operations, net of tax line item in the Consolidated Statements of Operations:
Year Ended March
(In thousands)
2023 (a)
2022 2021
Net revenues $ —  $ 181,424  $ 671,574 
Cost of goods sold —  117,193  471,652 
Selling, general and administrative expenses —  38,735  143,259 
Interest income, net —  194  312 
Other income (expense), net —  6  365 
Income from discontinued operations before income taxes —  25,696  57,340 
Gain on the sale of discontinued operations before income taxes —  133,970  — 
Total income from discontinued operations before income taxes —  159,666  57,340 
Income tax expense (benefit) (b)
—  (11,006) 4,377 
Income from discontinued operations, net of tax $ —  $ 170,672  $ 52,963 
(a)There was no activity during the year ended March 2023.
(b)Income tax benefit for the year ended March 2022 included $12.0 million of deferred tax benefit related to capital and other losses realized upon the sale of the Occupational Workwear business.