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Business Segment Information (Tables) | 6 Months Ended
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May 29, 2022
Segment Reporting [Abstract] |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | Business segment information for the Company is as follows:
| Three Months Ended |  | Six Months Ended
| May 29, 2022 |  | May 30, 2021 |  | May 29, 2022 |  | May 30, 2021
| (Dollars in thousands)
Net revenues: |  |  |  |  |  |  |
Americas | $ | 776,094 |  |  | $ | 661,435 |  |  | $ | 1,541,946 |  |  | $ | 1,267,556 |
Europe | 367,137 |  |  | 354,886 |  |  | 836,494 |  |  | 771,603 |
Asia | 221,848 |  |  | 191,789 |  |  | 480,253 |  |  | 424,705 |
Other Brands | 106,070 |  |  | 67,861 |  |  | 204,018 |  |  | 117,709 |
Total net revenues | $ | 1,471,149 |  |  | $ | 1,275,971 |  |  | $ | 3,062,711 |  |  | $ | 2,581,573 |
Operating income: |  |  |  |  |  |  |
Americas | $ | 158,713 |  |  | $ | 147,542 |  |  | $ | 336,552 |  |  | $ | 276,192 |
Europe | 66,562 |  |  | 59,387 |  |  | 203,355 |  |  | 169,974 |
Asia | 19,110 |  |  | 6,254 |  |  | 62,693 |  |  | 35,498 |
Other Brands | 4,022 |  |  | 2,430 |  |  | 13,603 |  |  | 3,373 |
Corporate expenses(1) | (172,241) |  |  | (109,158) |  |  | (305,805) |  |  | (201,459) |
Total operating income | 76,166 |  |  | 106,455 |  |  | 310,398 |  |  | 283,578 |
Interest expense | (4,360) |  |  | (19,933) |  |  | (8,608) |  |  | (43,243) |
Loss on early extinguishment of debt | — |  |  | (30,108) |  |  | — |  |  | (30,338) |
Other income, net | 6,004 |  |  | (715) |  |  | 21,901 |  |  | 373 |
Income before income taxes | $ | 77,810 |  |  | $ | 55,699 |  |  | $ | 323,691 |  |  | $ | 210,370 |
_____________ (1)Corporate staff costs and expenses for the three-month and six-month periods ended May 29, 2022 include $51.1 million in impairment charges as a result of the Russia-Ukraine crisis related to our Europe segment. Refer to Note 1 for additional information.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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