Annual report pursuant to Section 13 and 15(d)

REVENUES (Tables)

v3.22.4
REVENUES (Tables)
 12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue The following tables present revenues disaggregated by channel and geography. Revenues from licensing arrangements have been included within the U.S. or Non-U.S. Wholesale channels, based on the respective region where the licensee sells the product. Direct-to-Consumer revenues include sales at company-operated Wrangler® and Lee® branded full-price and outlet stores, digital sales at www.wrangler.com and www.lee.com and sales from international concession arrangements.
Other primarily includes sales and licensing of Rock & Republic®, other company-owned brands and private label apparel. Other also included sales of third-party branded merchandise at company-owned outlet stores through the first quarter of 2021, after which they were discontinued.
Year Ended December 2022
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 1,423,757  $ 460,799  $ 9,903  $ 1,894,459 
Non-U.S. Wholesale 183,714  266,201  903  450,818 
Direct-to-Consumer 138,334  147,366  467  286,167 
Total $ 1,745,805  $ 874,366  $ 11,273  $ 2,631,444 
Geographic revenues
U.S. $ 1,542,593  $ 521,636  $ 10,370  $ 2,074,599 
International 203,212  352,730  903  556,845 
Total $ 1,745,805  $ 874,366  $ 11,273  $ 2,631,444 
Year Ended December 2021
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 1,269,718  $ 420,720  $ 9,979  $ 1,700,417 
Non-U.S. Wholesale 186,355  301,332  2,854  490,541 
Direct-to-Consumer 119,158  165,000  21  284,179 
Other —  —  779  779 
Total $ 1,575,231  $ 887,052  $ 13,633  $ 2,475,916 
Geographic revenues
U.S. $ 1,370,916  $ 487,214  $ 10,779  $ 1,868,909 
International 204,315  399,838  2,854  607,007 
Total $ 1,575,231  $ 887,052  $ 13,633  $ 2,475,916 
Year Ended December 2020
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 1,101,148  $ 319,347  $ 10,244  $ 1,430,739 
Non-U.S. Wholesale 147,738  214,493  2,024  364,255 
Direct-to-Consumer 100,528  153,780  22  254,330 
Other —  —  48,515  48,515 
Total $ 1,349,414  $ 687,620  $ 60,805  $ 2,097,839 
Geographic revenues
U.S. $ 1,189,060  $ 394,311  $ 58,781  $ 1,642,152 
International 160,354  293,309  2,024  455,687 
Total $ 1,349,414  $ 687,620  $ 60,805  $ 2,097,839 
Contract with Customer, Asset and Liability
The following table presents information about contract balances recorded in the Company's balance sheets:
(In thousands) December 2022 December 2021
Accounts receivable, net $ 225,858  $ 289,800 
Contract assets (a)
$ 5,050  $ 3,093 
Contract liabilities (b)
$ 1,057  $ 2,258 
(a)Included within "prepaid expenses and other current assets" in the Company's balance sheets.
(b)Included within "accrued liabilities" in the Company's balance sheets.