Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.23.1
REVENUES (Tables)
 3 Months Ended
Apr. 01, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables present revenues disaggregated by channel and geography. Revenues from licensing arrangements are 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 includes sales and licensing of Rock & Republic®, other company-owned brands and private label apparel.
Three Months Ended March 2023
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 337,676  $ 135,299  $ 3,228  $ 476,203 
Non-U.S. Wholesale 51,919  66,005  10  117,934 
Direct-to-Consumer 33,552  39,345  89  72,986 
Total $ 423,147  $ 240,649  $ 3,327  $ 667,123 
Geographic revenues
U.S. $ 365,129  $ 149,690  $ 3,317  $ 518,136 
International 58,018  90,959  10  148,987 
Total $ 423,147  $ 240,649  $ 3,327  $ 667,123 
Three Months Ended March 2022
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 330,652  $ 136,806  $ 2,527  $ 469,985 
Non-U.S. Wholesale 52,819  91,051  501  144,371 
Direct-to-Consumer 28,952  36,363  72  65,387 
Total $ 412,423  $ 264,220  $ 3,100  $ 679,743 
Geographic revenues
U.S. $ 354,393  $ 150,116  $ 2,599  $ 507,108 
International 58,030  114,104  501  172,635 
Total $ 412,423  $ 264,220  $ 3,100  $ 679,743 
Contract Assets and Liabilities
The following table presents information about contract balances recorded in the Company's balance sheets:
(In thousands) March 2023 December 2022 March 2022
Accounts receivable, net $ 224,024  $ 225,858  $ 276,037 
Contract assets (a)
5,317  5,050  4,311 
Contract liabilities (b)
1,392  1,057  1,787 
(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.