| Disaggregation of Revenue |
The following tables disaggregate our revenues by channel and geography, which provides a meaningful depiction of how the nature, timing and uncertainty of revenues are affected by economic factors. Revenues from licensing arrangements have been included within the U.S. or Non-U.S. Wholesale channels, based on the respective region covered by the agreement. Branded Direct-to-Consumer revenues include the distribution of our products via concession retail locations internationally, Wrangler® and Lee® branded full-price stores globally and Company-owned outlet stores globally. The Branded Direct-to-Consumer channel also includes our branded products sold in our U.S.-based VF Outlet™ stores and our products that are marketed and distributed online via www.wrangler.com and www.lee.com. The Other channel includes (i) sales of VF-branded and third-party branded merchandise in our VF Outlet™ stores, (ii) sales to VF for products manufactured in our plants and use of our transportation fleet and (iii) revenues from fulfilling a transition services agreement related to VF's sale of its Nautica® brand business in mid-2018.
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Three Months Ended June 2019 |
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|
(in thousands) |
Wrangler |
|
Lee |
|
Other |
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Total |
Channel revenues |
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|
|
|
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U.S. Wholesale |
$ |
299,040 |
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|
$ |
108,757 |
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|
$ |
4,710 |
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|
$ |
412,507 |
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Non-U.S. Wholesale |
40,569 |
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|
56,845 |
|
|
633 |
|
|
98,047 |
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Branded Direct-To-Consumer |
24,383 |
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|
41,306 |
|
|
14 |
|
|
65,703 |
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Other |
— |
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|
— |
|
|
33,489 |
|
|
33,489 |
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Total |
$ |
363,992 |
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|
$ |
206,908 |
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|
$ |
38,846 |
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|
$ |
609,746 |
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|
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Geographic revenues |
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U.S. |
$ |
317,831 |
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$ |
130,795 |
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|
$ |
38,002 |
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|
$ |
486,628 |
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International |
46,161 |
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|
76,113 |
|
|
844 |
|
|
123,118 |
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Total |
$ |
363,992 |
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$ |
206,908 |
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$ |
38,846 |
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|
$ |
609,746 |
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|
|
|
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|
|
Three Months Ended June 2018 |
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|
(in thousands) |
Wrangler |
|
Lee |
|
Other |
|
Total |
Channel revenues |
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|
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U.S. Wholesale |
$ |
311,222 |
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|
$ |
100,674 |
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|
$ |
7,094 |
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|
$ |
418,990 |
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Non-U.S. Wholesale |
59,624 |
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|
73,076 |
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|
26 |
|
|
132,726 |
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Branded Direct-To-Consumer |
26,899 |
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|
44,023 |
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|
27 |
|
|
70,949 |
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Other |
— |
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|
— |
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|
41,191 |
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|
41,191 |
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Total |
$ |
397,745 |
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|
$ |
217,773 |
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|
$ |
48,338 |
|
|
$ |
663,856 |
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|
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|
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|
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Geographic revenues |
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|
U.S. |
$ |
329,166 |
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$ |
122,655 |
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$ |
48,312 |
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|
$ |
500,133 |
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International |
68,579 |
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|
95,118 |
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|
26 |
|
|
163,723 |
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Total |
$ |
397,745 |
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|
$ |
217,773 |
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$ |
48,338 |
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|
$ |
663,856 |
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Six Months Ended June 2019 |
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(in thousands) |
Wrangler |
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Lee |
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Other |
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Total |
Channel revenues |
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U.S. Wholesale |
$ |
575,865 |
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|
$ |
209,616 |
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|
$ |
11,435 |
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|
$ |
796,916 |
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Non-U.S. Wholesale |
109,224 |
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|
157,741 |
|
|
633 |
|
|
267,598 |
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Branded Direct-To-Consumer |
48,838 |
|
|
81,082 |
|
|
14 |
|
|
129,934 |
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Other |
— |
|
|
— |
|
|
63,642 |
|
|
63,642 |
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Total |
$ |
733,927 |
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|
$ |
448,439 |
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|
$ |
75,724 |
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|
$ |
1,258,090 |
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Geographic revenues |
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|
|
|
|
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|
U.S. |
$ |
611,700 |
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|
$ |
249,915 |
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$ |
74,880 |
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|
$ |
936,495 |
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International |
122,227 |
|
|
198,524 |
|
|
844 |
|
|
321,595 |
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Total |
$ |
733,927 |
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|
$ |
448,439 |
|
|
$ |
75,724 |
|
|
$ |
1,258,090 |
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Six Months Ended June 2018 |
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|
(in thousands) |
Wrangler |
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Lee |
|
Other |
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Total |
Channel revenues |
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U.S. Wholesale |
$ |
575,008 |
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|
$ |
210,933 |
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|
$ |
14,658 |
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|
$ |
800,599 |
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Non-U.S. Wholesale |
135,630 |
|
|
180,937 |
|
|
26 |
|
|
316,593 |
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Branded Direct-To-Consumer |
52,090 |
|
|
87,864 |
|
|
27 |
|
|
139,981 |
|
Other |
— |
|
|
— |
|
|
76,346 |
|
|
76,346 |
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Total |
$ |
762,728 |
|
|
$ |
479,734 |
|
|
$ |
91,057 |
|
|
$ |
1,333,519 |
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|
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Geographic revenues |
|
|
|
|
|
|
|
U.S. |
$ |
608,806 |
|
|
$ |
251,619 |
|
|
$ |
91,031 |
|
|
$ |
951,456 |
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International |
153,922 |
|
|
228,115 |
|
|
26 |
|
|
382,063 |
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Total |
$ |
762,728 |
|
|
$ |
479,734 |
|
|
$ |
91,057 |
|
|
$ |
1,333,519 |
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