Kontoor Brands, Inc. Annual report pursuant to Section 13 and 15(d)

TRANSACTIONS WITH FORMER PARENT (Tables)

12 Months Ended

Jan. 01, 2022

The following table presents components of the transfers to and from VF:


(In thousands)	December 2019 (a)
General financing activities	$	(723,155)
Corporate allocations	47,903
Stock-based compensation expense	9,582
Pension (benefit) costs	(2,246)
Purchases from parent	3,193
Sales to parent	(13,988)
Other income tax	10,863
Transition tax related to the Tax Act	3,937
Cash dividend to former parent	(1,032,948)
Total net transfers to former parent	$	(1,696,859)

(a) Activity reflected through the Separation date.