Annual report [Section 13 and 15(d), not S-K Item 405]

BUSINESS SEGMENT INFORMATION (Tables)

v3.25.0.1
BUSINESS SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 28, 2024
Segment Reporting [Abstract]  
Financial Information for Reportable Segments
The following tables present financial information for the Company's reportable segments and income before income taxes:
Year Ended December
(In thousands) 2024 2023 2022
Wrangler
Net revenues (1)
$ 1,805,989  $ 1,754,130  $ 1,745,805 
Cost of goods sold 1,023,548  1,052,091  1,031,293 
Selling, general and administrative expenses 407,897  386,032  389,351 
Other segment items (2)
8,235  8,486  3,988 
Segment profit
 $ 366,309  $ 307,521  $ 321,173 
Lee
Net revenues (1)
$ 790,625  $ 842,520  $ 874,366 
Cost of goods sold 413,344  459,859  459,334 
Selling, general and administrative expenses 284,335  282,246  291,182 
Other segment items (2)
3,284  2,267  2,794 
Segment profit
 $ 89,662  $ 98,148  $ 121,056 
Total reportable segment profit $ 455,971  $ 405,669  $ 442,229 
Corporate and other expenses (123,240) (96,075) (88,932)
Interest expense (40,824) (40,408) (34,919)
Interest income 11,149  3,791  1,352 
Loss related to other revenues (3)
(1,633) (1,078) (594)
Income before income taxes $ 301,423  $ 271,899  $ 319,136 
Revenue from External Customers and Property, Plant, and Equipment by Geographic Area
The following table presents supplemental information of net revenues by geographic area based on the location of the customer:
Year Ended December
(In thousands) 2024 2023 2022
Revenues:
U.S. $ 2,087,049  $ 2,060,679  $ 2,074,599 
International 520,529  546,793  556,845 
Total $ 2,607,578  $ 2,607,472  $ 2,631,444 
The following table presents "property, plant and equipment, net" recorded in the Company's balance sheets by geographic area based on physical location:
(In thousands) December 2024 December 2023
Property, plant and equipment, net:
U.S. $ 68,601  $ 66,803 
International 34,699  45,242 
Total $ 103,300  $ 112,045