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Business Segment Information (Tables) | 9 Months Ended
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Aug. 31, 2025
Segment Reporting [Abstract] |
Business Segment Information | Business segment information for the Company is as follows:
| Three Months Ended |  | Nine Months Ended
| August 31, 2025 |  | August 25, 2024 |  | August 31, 2025 |  | August 25, 2024
| (Dollars in millions)
Net revenues: |  |  |  |  |  |  |
Americas | $ | 806.4 |  |  | $ | 757.2 |  |  | $ | 2,337.8 |  |  | $ | 2,205.2 |
Europe | 426.3 |  |  | 406.6 |  |  | 1,229.9 |  |  | 1,183.8 |
Asia | 277.7 |  |  | 247.1 |  |  | 843.5 |  |  | 795.9 |
Total segment net revenues | 1,510.4 |  |  | 1,410.9 |  |  | 4,411.2 |  |  | 4,184.9 |
Beyond Yoga® | 33.0 |  |  | 32.2 |  |  | 105.0 |  |  | 97.2 |
Total net revenues | $ | 1,543.4 |  |  | $ | 1,443.1 |  |  | $ | 4,516.2 |  |  | $ | 4,282.1 |
Income (loss) from continuing operations before income taxes: |  |  |  |  |  |  |
Americas | $ | 189.3 |  |  | $ | 173.9 |  |  | $ | 512.3 |  |  | $ | 432.8 |
Europe | 91.0 |  |  | 83.2 |  |  | 262.8 |  |  | 239.9 |
Asia | 33.4 |  |  | 28.5 |  |  | 120.9 |  |  | 111.0 |
Total segment operating income | 313.7 |  |  | 285.6 |  |  | 896.0 |  |  | 783.7 |
Beyond Yoga® operating (loss) income | (4.8) |  |  | (5.8) |  |  | (12.3) |  |  | (9.6) |
Restructuring charges, net(1) | (8.6) |  |  | (3.4) |  |  | (22.1) |  |  | (171.6) |
Goodwill and other intangible asset impairment charges(2) | — |  |  | (111.4) |  |  | (2.5) |  |  | (116.9) |
Corporate expenses(3) | (132.9) |  |  | (132.3) |  |  | (392.1) |  |  | (431.4) |
Interest expense | (12.5) |  |  | (10.1) |  |  | (35.2) |  |  | (30.4) |
Other income (expense), net(4) | 1.3 |  |  | (0.4) |  |  | 3.5 |  |  | (2.3) |
Income (loss) from continuing operations before income taxes | $ | 156.2 |  |  | $ | 22.2 |  |  | $ | 435.3 |  |  | $ | 21.5 |
____________ (1)Restructuring charges, net for the three and nine months ended August 31, 2025 consisted primarily of severance and other post-employment benefit charges, and asset impairment and contract termination costs, partially offset by a gain recognized on the sale of a distribution center in connection with Project Fuel. Restructuring charges, net for the three and nine months ended August 25, 2024 consisted primarily of severance and other post-employment benefit charges in connection with Project Fuel. (2)For the three and nine months ended August 25, 2024, goodwill and other intangible asset impairment charges includes $36.3 million related to Beyond Yoga® reporting unit goodwill, $66.0 million related to the Beyond Yoga® trademark and $9.1 million related to the Beyond Yoga® customer relationship intangible assets. Additionally, the nine months ended August 25, 2024.includes a $5.5 million goodwill impairment charge related to the footwear business. (3)$3.1 million benefit related to incentive compensation for the Dockers® business was reclassified from Corporate expenses to SG&A within discontinued operations for the nine months ended August 25, 2024. (4)Other income (expense), net for the three and nine months ended August 31, 2025 includes subrogation related to an insurance recovery of $1.1 million. Other income (expense), net for the three and nine months ended August 25, 2024 includes an insurance recovery of 2.7 million and a government subsidy gain of 1.4 million.

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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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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