| Schedule of Related Party Transactions |
Due from related parties, noncurrent consists of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
March 2019 |
|
|
December 2018 |
|
March 2018 |
Hedging agreements with VF |
|
$ |
370 |
|
|
|
$ |
611 |
|
|
$ |
1,576 |
|
Due to related parties, current consists of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
March 2019 |
|
|
December 2018 |
|
March 2018 |
Sourcing payable |
|
$ |
3,865 |
|
|
|
$ |
16,140 |
|
|
$ |
60,424 |
|
The components of the transfers to and from VF are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
|
|
|
|
(in thousands) |
|
March 2019 |
|
|
March 2018 |
General financing activities |
|
$ |
(198,411 |
) |
|
|
$ |
70,930 |
|
Corporate allocations |
|
31,153 |
|
|
|
33,849 |
|
Stock-based compensation expense |
|
7,685 |
|
|
|
3,740 |
|
Pension benefit |
|
(629 |
) |
|
|
(729 |
) |
Purchases from parent |
|
700 |
|
|
|
833 |
|
Sales to parent |
|
(10,611 |
) |
|
|
(13,479 |
) |
Other income tax |
|
8,248 |
|
|
|
18,301 |
|
Transition tax related to the Tax Act |
|
3,937 |
|
|
|
— |
|
Total net transfer (to) from parent |
|
$ |
(157,928 |
) |
|
|
$ |
113,445 |
|
Due from related parties, current consists of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
March 2019 |
|
|
December 2018 |
|
March 2018 |
Sale of trade accounts receivable |
|
$ |
286,816 |
|
|
|
$ |
544,858 |
|
|
$ |
266,112 |
|
Hedging agreements with VF |
|
4,266 |
|
|
|
2,832 |
|
|
8,256 |
|
Other |
|
45 |
|
|
|
— |
|
|
— |
|
|
|
$ |
291,127 |
|
|
|
$ |
547,690 |
|
|
$ |
274,368 |
|
|