Quarterly report pursuant to Section 13 or 15(d)

BUSINESS SEGMENT INFORMATION (Tables)

v3.23.2
BUSINESS SEGMENT INFORMATION (Tables)
 6 Months Ended
Jul. 01, 2023
Segment Reporting [Abstract]  
Financial Information for Reportable Segments
The following table presents financial information for the Company's reportable segments and income before income taxes:
  Three Months Ended June Six Months Ended June
(In thousands) 2023 2022 2023 2022
Segment revenues:
Wrangler $ 425,485  $ 417,944  $ 848,632  $ 830,367 
Lee 188,008  193,053  428,657  457,273 
Total reportable segment revenues 613,493  610,997  1,277,289  1,287,640 
Other revenues 2,516  2,575  5,843  5,675 
Total net revenues $ 616,009  $ 613,572  $ 1,283,132  $ 1,293,315 
Segment profit:
Wrangler $ 70,976  $ 75,064  $ 142,083  $ 150,452 
Lee 17,165  22,904  56,738  75,134 
Total reportable segment profit $ 88,141  $ 97,968  $ 198,821  $ 225,586 
Corporate and other expenses (27,660) (12,017) (45,724) (31,999)
Interest expense (9,663) (8,234) (19,936) (16,257)
Interest income 691  296  1,110  765 
(Loss) profit related to other revenues (236) 48  (129) 411 
Income before income taxes $ 51,273  $ 78,061  $ 134,142  $ 178,506