Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.23.3
REVENUES (Tables)
 9 Months Ended
Sep. 30, 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 from company-operated Wrangler® and Lee® branded full-price and outlet stores, online and international concession arrangements.
Other includes sales and licensing of Rock & Republic®, other company-owned brands and private label apparel.
Three Months Ended September 2023
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 355,608  $ 103,564  $ 1,799  $ 460,971 
Non-U.S. Wholesale 53,644  71,433  —  125,077 
Direct-to-Consumer 35,287  33,030  175  68,492 
Total $ 444,539  $ 208,027  $ 1,974  $ 654,540 
Geographic revenues
U.S. $ 385,501  $ 118,352  $ 1,974  $ 505,827 
International 59,038  89,675  —  148,713 
Total $ 444,539  $ 208,027  $ 1,974  $ 654,540 
Three Months Ended September 2022
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 324,564  $ 84,122  $ 1,771  $ 410,457 
Non-U.S. Wholesale 50,448  81,682  28  132,158 
Direct-to-Consumer 31,149  32,661  96  63,906 
Total $ 406,161  $ 198,465  $ 1,895  $ 606,521 
Geographic revenues
U.S. $ 351,624  $ 98,862  $ 1,867  $ 452,353 
International 54,537  99,603  28  154,168 
Total $ 406,161  $ 198,465  $ 1,895  $ 606,521 
Nine Months Ended September 2023
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 1,048,491  $ 337,081  $ 7,393  $ 1,392,965 
Non-U.S. Wholesale 143,667  188,670  10  332,347 
Direct-to-Consumer 101,013  110,933  414  212,360 
Total $ 1,293,171  $ 636,684  $ 7,817  $ 1,937,672 
Geographic revenues
U.S. $ 1,132,741  $ 382,290  $ 7,807  $ 1,522,838 
International 160,430  254,394  10  414,834 
Total $ 1,293,171  $ 636,684  $ 7,817  $ 1,937,672 
Nine Months Ended September 2022
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 1,003,753  $ 341,125  $ 6,425  $ 1,351,303 
Non-U.S. Wholesale 143,724  212,591  903  357,218 
Direct-to-Consumer 89,051  102,022  242  191,315 
Total $ 1,236,528  $ 655,738  $ 7,570  $ 1,899,836 
Geographic revenues
U.S. $ 1,078,998  $ 384,035  $ 6,667  $ 1,469,700 
International 157,530  271,703  903  430,136 
Total $ 1,236,528  $ 655,738  $ 7,570  $ 1,899,836 
Contract Assets and Liabilities
The following table presents information about contract balances recorded in the Company's balance sheets:
(In thousands) September 2023 December 2022 September 2022
Accounts receivable, net $ 236,816  $ 225,858  $ 234,569 
Contract assets (a)
8,704  5,050  6,599 
Contract liabilities (b)
1,348  1,057  919 
(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.