Quarterly report pursuant to Section 13 or 15(d)

BUSINESS SEGMENT INFORMATION (Tables)

v3.21.2
BUSINESS SEGMENT INFORMATION (Tables)
 6 Months Ended
Jul. 03, 2021
Segment Reporting [Abstract]  
Financial Information for Reportable Segments
The following table presents financial information for the Company's reportable segments and income (loss) before income taxes:
  Three Months Ended June Six Months Ended June
(In thousands) 2021 2020 2021 2020
Segment revenues:
Wrangler $ 311,301  $ 251,655  $ 710,123  $ 555,041 
Lee 176,014  85,966  426,162  268,722 
Total reportable segment revenues 487,315  337,621  1,136,285  823,763 
Other revenues 3,450  11,633  6,242  29,989 
Total net revenues $ 490,765  $ 349,254  $ 1,142,527  $ 853,752 
Segment profit:
Wrangler $ 52,834  $ 28,938  $ 136,817  $ 62,801 
Lee 18,491  (18,417) 69,614  (17,444)
Total reportable segment profit $ 71,325  $ 10,521  $ 206,431  $ 45,357 
Corporate and other expenses (36,983) (26,348) (78,534) (59,570)
Interest expense (7,641) (13,120) (19,432) (24,059)
Interest income 421  556  679  972 
Profit (loss) related to other revenues 880  (6,477) 59  (8,705)
Income (loss) before income taxes $ 28,002  $ (34,868) $ 109,203  $ (46,005)