Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.24.3
REVENUES (Tables)
 9 Months Ended
Sep. 28, 2024
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 2024
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 373,643  $ 105,342  $ 3,577  $ 482,562 
Non-U.S. Wholesale 51,599  65,268  —  116,867 
Direct-to-Consumer 38,865  31,733  167  70,765 
Total $ 464,107  $ 202,343  $ 3,744  $ 670,194 
Geographic revenues
U.S. $ 406,656  $ 119,254  $ 3,744  $ 529,654 
International 57,451  83,089  —  140,540 
Total $ 464,107  $ 202,343  $ 3,744  $ 670,194 
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 
Nine Months Ended September 2024
(In thousands) Wrangler Lee Other Total
Channel revenues
U.S. Wholesale $ 1,055,744  $ 321,102  $ 7,831  $ 1,384,677 
Non-U.S. Wholesale 136,331  170,548  —  306,879 
Direct-to-Consumer 110,771  105,435  532  216,738 
Total $ 1,302,846  $ 597,085  $ 8,363  $ 1,908,294 
Geographic revenues
U.S. $ 1,147,096  $ 362,436  $ 8,363  $ 1,517,895 
International 155,750  234,649  —  390,399 
Total $ 1,302,846  $ 597,085  $ 8,363  $ 1,908,294 
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 
Contract Assets and Liabilities
The following table presents information about contract balances recorded in the Company's balance sheets:
(In thousands) September 2024 December 2023 September 2023
Accounts receivable, net $ 230,435  $ 217,673  $ 236,816 
Contract assets (a)
9,729  10,929  8,704 
Contract liabilities (b)
2,008  1,713  1,348 
(a) Included within "prepaid expenses and other current assets" in the Company's balance sheets.
(b) Included within "accrued and other current liabilities" in the Company's balance sheets.