Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION (Tables)

v3.19.3
REPORTABLE SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 28, 2019
Segment Reporting [Abstract]  
Financial Information for Reportable Segments
The following table presents financial information for the Company's reportable segments:
 
 
Three Months Ended September
 
 
Nine Months Ended September
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)

2019
 
 
2018
 
 
2019
 
 
2018
Segment revenues:
 
 
 
 
 
 
 
 
 
 
 
Wrangler
 
$
367,206

 
 
$
395,613

 
 
$
1,101,133

 
 
$
1,158,341

Lee
 
232,221

 
 
251,510

 
 
680,660

 
 
731,244

Other
 
38,711

 
 
57,123

 
 
114,435

 
 
148,180

Total segment revenues
 
$
638,138

 
 
$
704,246

 
 
$
1,896,228

 
 
$
2,037,765

Segment profit:
 
 
 
 
 
 
 
 
 
 
 
Wrangler
 
$
61,070

 
 
$
65,104

 
 
$
141,715

 
 
$
195,720

Lee
 
30,156

 
 
36,107

 
 
61,536

 
 
90,161

Other
 
843

 
 
(1,339
)
 
 
(437
)
 
 
(1,725
)
Total segment profit
 
$
92,069

 
 
$
99,872

 
 
$
202,814

 
 
$
284,156

Non-cash impairment of intangible asset (1)
 
(32,636
)
 
 
—

 
 
(32,636
)
 
 
—

Corporate and other expenses
 
(29,861
)
 
 
(6,672
)
 
 
(64,232
)
 
 
(25,252
)
Interest income from former parent, net
 
—

 
 
2,104

 
 
3,762

 
 
5,415

Interest expense
 
(14,140
)
 
 
(200
)
 
 
(21,876
)
 
 
(981
)
Interest income
 
712

 
 
1,508

 
 
3,543

 
 
4,176

Income before income taxes
 
$
16,144

 
 
$
96,612

 
 
$
91,375

 
 
$
267,514



(1) Represents an impairment charge in the third quarter of fiscal 2019 related to the Rock & Republic® trademark. The impairment charge was excluded from segment profit as it is not considered a component of ongoing business operations.