exhibit99

GILDAN ACTIVEWEAR INC.
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(in thousands of U.S. dollars) - unaudited

		July 5,		October 5,
		2015		2014

Current assets:
	Cash and cash equivalents	$	44,586	$	65,163
	Trade accounts receivable		451,197		354,265
	Income taxes receivable		6,523		1,439
	Inventories (note 5)		818,648		779,407
	Prepaid expenses and deposits		17,775		17,507
	Assets held for sale		4,989		5,839
	Other current assets		26,385		23,784
Total current assets			1,370,103		1,247,404

Non-current assets:
	Property, plant and equipment		1,027,869		873,726
	Intangible assets		339,099		287,353
	Goodwill (note 8(a))		188,211		176,445
	Other non-current assets		8,211		8,116
Total non-current assets			1,563,390		1,345,640

Total assets		$	2,933,493	$	2,593,044

Current liabilities:
	Accounts payable and accrued liabilities	$	279,237	$	374,671
Total current liabilities			279,237		374,671

Non-current liabilities:
	Long-term debt (note 6)		593,000		157,000
	Deferred income taxes		1,024		349
	Employee benefit obligations		16,010		19,565
	Provisions		18,652		17,926
Total non-current liabilities			628,686		194,840

Total liabilities			907,923		569,511

Equity:
	Share capital		123,431		124,595
	Contributed surplus		28,263		20,778
	Retained earnings		1,873,952		1,885,892
	Accumulated other comprehensive income		(76)		(7,732)
Total equity attributable to shareholders of the Company			2,025,570		2,023,533

Total liabilities and equity		$	2,933,493	$	2,593,044


See accompanying notes to condensed interim consolidated financial statements.

GILDAN ACTIVEWEAR INC.
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF EARNINGS
AND COMPREHENSIVE INCOME
(in thousands of U.S. dollars, except per share data) - unaudited


	Three months ended				Nine months ended
	July 5,			July 6,		July 5,		July 6,
		2015		2014		2015		2014

Net sales	$	714,153	$	693,783	$	1,740,964	$	1,693,993
Cost of sales		523,548		499,593		1,367,582		1,227,377

Gross profit		190,605		194,190		373,382		466,616

Selling, general and administrative expenses		80,131		71,752		236,754		213,843
Restructuring and acquisition-related costs (note 7)		4,243		632		9,323		2,714

Operating income		106,231		121,806		127,305		250,059

Financial expenses, net (note 8(c))		4,764		732		10,504		1,260

Earnings before income taxes		101,467		121,074		116,801		248,799

Income tax expense		2,037		5,075		2,571		11,924

Net earnings		99,430		115,999		114,230		236,875

Other comprehensive income (loss), net of related
income taxes (note 10):
Cash flow hedges		3,621		(1,162)		7,656		(2,274)

Comprehensive income	$	103,051	$	114,837	$	121,886	$	234,601


Earnings per share (note 11):
Basic(1)	$	0.41	$	0.48	$	0.47	$	0.97
Diluted(1)	$	0.41	$	0.47	$	0.47	$	0.96
(1) All earnings per share and share data reflect the effect of the two-for-one stock split which took effect on March 27, 2015.

See accompanying notes to condensed interim consolidated financial statements.

						Accumulated
						other
	Share capital			Contributed		comprehensive		Retained		Total
	Number(1)	Amount		surplus		income (loss)		earnings		equity

Balance, October 5, 2014	244,648	$	124,595	$	20,778	$	(7,732)	$	1,885,892	$	2,023,533

Share-based compensation	-		-		7,590		-		-		7,590
Shares issued under employee share
purchase plan	35		1,016		-		-		-		1,016
Shares issued pursuant to exercise of
stock options	733		10,311		(3,352)		-		-		6,959
Shares issued or distributed pursuant to
vesting of restricted share units	432		4,303		(4,303)		-		-		-
Shares repurchased and cancelled	(3,050)		(1,555)		-		-		(78,188)		(79,743)
Share repurchases for future settlement
of non-Treasury RSUs	(560)		(15,239)		7,488		-		-		(7,751)
Dividends declared	-		-		62		-		(47,982)		(47,920)
Transactions with shareholders of the
Company recognized directly in equity	(2,410)		(1,164)		7,485		-		(126,170)		(119,849)

Cash flow hedges (note 10)	-		-		-		7,656		-		7,656
Net earnings	-		-		-		-		114,230		114,230
Comprehensive income	-		-		-		7,656		114,230		121,886

Balance, July 5, 2015	242,238	$	123,431	$	28,263	$	(76)	$	1,873,952	$	2,025,570


Balance, September 29, 2013	243,252	$	107,867	$	28,869	$	(656)	$	1,583,346	$	1,719,426

Share-based compensation	-		-		7,219		-		-		7,219
Shares issued under employee share
purchase plan	30		778		-		-		-		778
Shares issued pursuant to exercise of
stock options	174		3,339		(964)		-		-		2,375
Shares issued or distributed pursuant to
vesting of restricted share units	812		9,600		(9,600)		-		-		-
Share repurchases for future settlement
of non-Treasury RSUs	(600)		(14,481)		8,383		-		-		(6,098)
Dividends declared	-		-		175		-		(40,010)		(39,835)
Transactions with shareholders of the
Company recognized directly in equity	416		(764)		5,213		-		(40,010)		(35,561)

Cash flow hedges (note 10)	-		-		-		(2,274)		-		(2,274)
Net earnings	-		-		-		-		236,875		236,875
Comprehensive income (loss)	-		-		-		(2,274)		236,875		234,601

Balance, July 6, 2014	243,668	$	107,103	$	34,082	$	(2,930)	$	1,780,211	$	1,918,466
(1) All earnings per share and share data reflect the effect of the two-for-one stock split which took effect on March 27, 2015.

See accompanying notes to condensed interim consolidated financial statements.

		Three months ended				Nine months ended
		July 5,		July 6,		July 5,		July 6,
			2015		2014		2015		2014

Cash flows from (used in) operating activities:
	Net earnings	$	99,430	$	115,999	$	114,230	$	236,875
	Adjustments to reconcile net earnings to cash flows
	from operating activities (note 12(a))		42,822		32,900		97,965		78,699
			142,252		148,899		212,195		315,574
	Changes in non-cash working capital balances:
	Trade accounts receivable		(102,584)		(69,901)		(94,383)		(110,911)
	Income taxes		(1,601)		319		(5,059)		(2,284)
	Inventories		51,968		(2,104)		(10,536)		(125,000)
	Prepaid expenses and deposits		(2,592)		(6,034)		(199)		(3,077)
	Other current assets		(1,346)		(6,403)		(4,298)		(7,849)
	Accounts payable and accrued liabilities		(888)		19,551		(68,383)		12,162
Cash flows from operating activities			85,209		84,327		29,337		78,615

Cash flows from (used in) investing activities:
	Purchase of property, plant and equipment		(66,265)		(73,917)		(243,469)		(215,867)
	Purchase of intangible assets		(1,016)		(1,550)		(4,697)		(3,563)
	Business acquisitions		(500)		-		(103,870)		-
	Proceeds on disposal of assets held for sale and
	property, plant and equipment		546		3,326		2,478		4,595
Cash flows used in investing activities			(67,235)		(72,141)		(349,558)		(214,835)

Cash flows from (used in) financing activities:
	(Decrease) increase in amounts drawn under
	revolving long-term bank credit facility		(25,000)		(13,000)		436,000		135,000
	Dividends paid		(15,795)		(13,329)		(47,920)		(39,835)
	Proceeds from the issuance of shares		6,718		421		7,878		3,078
	Repurchase and cancellation of shares		-		-		(79,743)		-
	Share repurchases for future settlement of
	non-Treasury RSUs		-		-		(15,239)		(14,481)
Cash flows (used in) from financing activities			(34,077)		(25,908)		300,976		83,762

Effect of exchange rate changes on cash and cash
equivalents denominated in foreign currencies			408		223		(1,332)		182
Net decrease in cash and cash equivalents during the period			(15,695)		(13,499)		(20,577)		(52,276)
Cash and cash equivalents, beginning of period			60,281		58,591		65,163		97,368
Cash and cash equivalents, end of period		$	44,586	$	45,092	$	44,586	$	45,092

Cash paid during the period (included in cash flows from operating activities):
	Interest	$	2,347	$	617	$	4,804	$	1,135
	Income taxes		3,037		2,437		6,715		8,519


Supplemental disclosure of cash flow information (note 12)

See accompanying notes to condensed interim consolidated financial statements.

Gildan Activewear Inc. (the "Company") is domiciled in Canada and is incorporated under the Canada Business Corporations Act. Its principal business activity is the manufacture and sale of activewear, socks and underwear. Beginning in fiscal 2015, the Company’s fiscal year will end on the Sunday closest to December 31 of each year. As a result, fiscal 2015 will be a transition year, and will include 15 months of operations, beginning on October 6, 2014 and ending on January 3, 2016.

The address of the Company’s registered office is 600 de Maisonneuve Boulevard West, Suite 3300, Montreal, Quebec. These condensed interim consolidated financial statements are as at and for the three and nine months ended July 5, 2015 and include the accounts of the Company and its subsidiaries. The Company is a publicly listed entity and its shares are traded on the Toronto Stock Exchange and New York Stock Exchange under the symbol GIL.

All earnings per share and share data in these condensed interim consolidated financial statements and notes are on a post-split basis, reflecting the effect of the two-for-one stock split of the Company’s outstanding common shares by way of a share dividend that took effect on March 27, 2015.

These condensed interim consolidated financial statements have been prepared in accordance with International Accounting Standard (“IAS”) 34, Interim Financial Reporting as issued by the International Accounting Standards Board (“IASB”). The Company applied the same accounting policies in the preparation of these condensed interim consolidated financial statements as those disclosed in note 3 of its most recent annual consolidated financial statements, except as noted below. These condensed interim consolidated financial statements should be read in conjunction with the Company’s 2014 audited annual consolidated financial statements. Certain prior year comparatives have been reclassified to conform to the current period’s presentation.

On October 6, 2014, the Company adopted IFRIC 21, Levies. IFRIC 21 provides guidance on accounting for levies in accordance with IAS 37, Provisions, Contingent Liabilities and Contingent Assets. The interpretation defines a levy as an outflow of resources from an entity imposed by a government in accordance with legislation, other than income taxes within the scope of IAS 12, Income Taxes, and confirms that an entity recognizes a liability for a levy only when the triggering event specified in the legislation occurs. The adoption of IFRIC 21 did not have an impact on the Company’s consolidated financial statements.

Revenues from contracts with customers

In May 2014, the IASB released IFRS 15, Revenue from Contracts with Customers, which establishes principles for reporting and disclosing the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. The core principle of IFRS 15 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods and services.

IFRS 15 provides a single model in order to depict the transfer of promised goods or services to customers, and supersedes IAS 11, Construction Contracts, IAS 18, Revenue, and a number of revenue-related interpretations (IFRIC 13, Customer Loyalty Programmes, IFRIC 15, Agreements for the Construction of Real Estate, IFRIC 18, Transfers of Assets from Customers, and SIC-31, Revenue - Barter Transactions Involving Advertising Service). IFRS 15 is currently effective for the Company’s fiscal year beginning on January 2, 2017, with earlier application permitted. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements.

Financial Instruments

In July 2014, the IASB issued the complete IFRS 9 (2014), Financial Instruments. IFRS 9 (2014) differs in some regards from IFRS 9 (2013) which the Company early adopted effective March 31, 2014. IFRS 9 (2014) includes updated guidance on the classification and measurement of financial assets. The final standard also amends the impairment model by introducing a new expected credit loss model for calculating impairment, and new general hedge accounting requirements. The mandatory effective date of IFRS 9 (2014) is for annual periods beginning on or after January 1, 2018 and must be applied retrospectively with some exemptions. Early adoption is permitted. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements.

On March 2, 2015, the Company acquired substantially all of the operating assets of a company operating under the Comfort Colors trade name for cash consideration of $103.4 million. The transaction also resulted in the effective settlement of $8.4 million of trade accounts receivable from Comfort Colors prior to the acquisition. The acquisition was financed by the utilization of the Company’s revolving long-term bank credit facility. Comfort Colors is the leading supplier of garment-dyed undecorated basic T-shirts and sweatshirts for the North American printwear market. The Comfort Colors® brand is highly recognized among consumers purchasing from college bookstores, specialty retail stores, and destination and resort shops. The acquisition of Comfort Colors reinforces Gildan’s strategy to increase its penetration of the growing fashion basics segment of the North American printwear market.

The Company accounted for the acquisition using the acquisition method in accordance with IFRS 3, Business Combinations. The Company has determined the fair value of the assets acquired and liabilities assumed based on management's preliminary best estimate of their fair values and taking into account all relevant information available at that time. The Company has not yet finalized the assessment of the estimated fair value of inventories acquired, which the Company expects to finalize by the end of fiscal 2015. Goodwill is attributable primarily to Comfort Colors’ assembled workforce and expected synergies, which were not recorded separately since they did not meet the recognition criteria for identifiable intangible assets. Goodwill recorded in connection with this acquisition is partially deductible for tax purposes.


Assets acquired:
	Trade accounts receivable	$	14,685
	Inventories		22,778
	Prepaid expenses and deposits		69
	Property, plant and equipment		2,234
	Intangible assets (i)		62,300
			102,066

Liabilities assumed:
	Accounts payable and accrued liabilities		(2,084)
			(2,084)

Goodwill			11,766
Net assets acquired at fair value			111,748

Cash consideration paid at closing			103,370
Settlement of pre-existing relationship			8,378
		$	111,748
(i) The intangible assets acquired are comprised of customer relationships in the amount of $25.0 million, which are being amortized on a straight line basis over their estimated useful lives, and trademarks in the amount of $37.3 million, which are not being amortized as they are considered to be indefinite life intangible assets.

The consolidated results of the Company for fiscal 2015 include net sales of $24.5 million and net earnings of $4.8 million relating to Comfort Colors’ results of operations since the date of acquisition, adjusted to reflect the elimination of intercompany sales. If the acquisition of Comfort Colors was accounted for on a pro forma basis as if it had occurred at the beginning of the Company’s fiscal year, the Company’s consolidated net sales and net earnings for the nine months ended July 5, 2015 would have been $1,768.3 million and $119.0 million, respectively. These pro forma figures have been estimated based on the results of Comfort Colors’ operations prior to being purchased by the Company, adjusted to reflect the elimination of intercompany sales, and fair value adjustments which arose on the date of acquisition, as if the acquisition occurred on October 6, 2014, and should not be viewed as indicative of the Company’s future results.

The operating results of Comfort Colors are included in the Printwear segment.

The Company has a committed unsecured revolving long-term bank credit facility of $1 billion. The facility provides for an annual extension which is subject to the approval of the lenders, and amounts drawn under the facility bear interest at a variable banker’s acceptance or U.S. LIBOR-based interest rate plus a spread ranging from 1% to 2%, such range being a function of the total debt to EBITDA ratio (as defined in the credit facility agreement). In December 2014, the Company amended its revolving long-term bank credit facility to increase the facility to $1 billion from $800 million, and to extend the maturity date from January 2019 to April 2020. As at July 5, 2015, $593.0 million (October 5, 2014 - $157.0 million) was drawn under the facility, and the effective interest rate for the nine months ended July 5, 2015 was 1.3%. In addition, an amount of $15.0 million (October 5, 2014 - $7.9 million) has been committed against this facility to cover various letters of credit. The revolving long-term bank credit facility requires the Company to comply with certain covenants including maintenance of financial ratios. The Company was in compliance with all covenants as at July 5, 2015.

	Three months ended				Nine months ended
		July 5,	July 6,		July 5,		July 6,
		2015		2014	2015		2014

Employee termination and benefit costs	$	2,502	$	-	$	3,709	$	429
Loss on settlement on wind-up of defined benefit
pension plan		-		-		-		1,898
Exit, relocation and other costs		1,495		(127)		4,163		(34)
Gains on disposal of assets held for sale		-		-		(330)		(338)
Remeasurement of contingent consideration in
connection with a business acquisition		202		-		721		-
Acquisition-related transaction costs		44		759		1,060		759
	$	4,243	$	632	$	9,323	$	2,714

Restructuring and acquisition-related costs for the nine months ended July 5, 2015 relate primarily to costs incurred in connection with the consolidation of sewing operations, the integration of screenprinting and distribution activities in connection with the integration of acquired businesses, the integration of the Doris Inc. acquisition, and the acquisition of the operating assets of Comfort Colors.

Restructuring and acquisition-related costs for the nine months ended July 6, 2014 relate primarily to a loss incurred on the final settlement on the wind-up of the former Gold Toe defined benefit pension plan, and transaction costs incurred in connection with the acquisition of the operating assets of Doris Inc.

	Three months ended				Nine months ended
	July 5,		July 6,		July 5,		July 6,
	2015		2014		2015		2014

Depreciation of property, plant and equipment	$	27,181	$	21,637	$	77,062	$	61,490
Adjustment for the variation of depreciation of property,
plant and equipment included in inventories at the
beginning and end of the period		2,892		2,096		(5,927)		(2,632)
Depreciation of property, plant and equipment included
in net earnings		30,073		23,733		71,135		58,858
Amortization of intangible assets, excluding software		4,727		3,688		13,168		11,064
Amortization of software		717		532		2,083		1,442
Depreciation and amortization included in net earnings	$	35,517	$	27,953	$	86,386	$	71,364

	July 5,		October 5,
	2015			2014

Financial assets
Amortized cost:
Cash and cash equivalents	$	44,586	$	65,163
Trade accounts receivable		451,197		354,265
Other current assets		20,437		17,824
Long-term non-trade receivables included in other
non-current assets		3,622		4,008
Derivative financial instruments designated as effective
hedging instruments included in other current assets		2,740		920
Derivative financial instruments included in other
current assets - total return swap		1,445		-

Financial liabilities
Amortized cost:
Accounts payable and accrued liabilities	$	270,698	$	361,377
Long-term debt - bearing interest at variable rates		593,000		157,000
Derivative financial instruments designated as effective
hedging instruments included in accounts payable
and accrued liabilities		2,425		7,335
Contingent consideration included in accounts payable
and accrued liabilities		6,114		5,959

9. FAIR VALUE MEASUREMENT (continued):

Contingent consideration

The contingent consideration in connection with a business combination is payable based on the achievement of targets for growth in sales revenues for a three-year period from the date of the acquisition. The fair value measurement of the contingent consideration is determined using unobservable (Level 3) inputs. These inputs include (i) the estimated amount and timing of projected cash flows; (ii) the probability of the achievement of the factors on which the contingency is based; and (iii) the risk-adjusted discount rate used to present value the probability-weighted cash flows. Fair value has been estimated based on the best estimate of the probability of the revenue targets being achieved, as well as using a discount rate which is based on the risk associated with the revenue targets being met. The discount rate applied to the contingent consideration was 13.5%. Significant increases (decreases) in any of the inputs in isolation could result in a significantly lower (higher) fair value measurement. There has been no significant change in any of the inputs used to measure the fair value of the contingent consideration since the date of the acquisition. The contingent consideration is classified as a financial liability and is included in accounts payable and accrued liabilities.

Derivatives

The derivatives consist mainly of foreign exchange and commodity forward and option contracts. The fair value of the forward contracts is measured using a generally accepted valuation technique which is the discounted value of the difference between the contract’s value at maturity based on the rate set out in the contract and the contract’s value at maturity based on the rate that the counterparty would use if it were to renegotiate the same contract at the measurement date under the same conditions. The fair value of the option contracts is measured using option pricing models that utilize a variety of inputs that are a combination of quoted prices and market-corroborated inputs, including volatility estimates and option adjusted credit spreads.

The Company also has a total return swap (“TRS”) outstanding that is intended to reduce the variability of net earnings associated with deferred share units, which are settled in cash. The TRS is not designated as a hedging instrument and, therefore, the fair value adjustment at the end of each reporting period is recognized in selling, general and administrative expenses. The fair value of the TRS is measured by reference to the market price of the Company’s common shares, at each reporting date. The TRS has a one-year term, may be extended annually, and the contract allows for early termination at the option of the Company.

	Three months ended				Nine months ended
	July 5,		July 6,		July 5,		July 6,
		2015		2014	2015		2014

Net gain (loss) on derivatives designated as cash flow
hedges:
Foreign currency risk	$	(223)	$	(2,896)	$	631	$	(5,058)
Commodity price risk		1,658		-		651		-

Income taxes		3		29		(6)		51

Amounts reclassified from OCI to property, plant and
equipment, related to foreign currency risk		-		(84)		-		(991)

Amounts reclassified from OCI to inventory,
related to commodity price risk		1,872		-		7,402		-

Amounts reclassified from OCI to net earnings,
related to foreign currency risk, and included in:
Net sales		(229)		1,534		(932)		2,989
Selling, general and administrative expenses		-		-		-		113
Financial expenses, net		544		273		(99)		660
Income taxes		(4)		(18)		9		(38)
Other comprehensive income (loss)	$	3,621	$	(1,162)	$	7,656	$	(2,274)

	Three months ended				Nine months ended
	July 5,		July 6,		July 5,		July 6,
		2015		2014	2015		2014

Net earnings - basic and diluted	$	99,430	$	115,999	$	114,230	$	236,875

Basic earnings per share:
Basic weighted average number of common
shares outstanding	241,856		243,584		242,356		243,388
Basic earnings per share	$	0.41	$	0.48	$	0.47	$	0.97

Diluted earnings per share:
Basic weighted average number of common
shares outstanding	241,856		243,584		242,356		243,388
Plus dilutive impact of stock options, Treasury RSUs
and common shares held in trust		1,953		2,844		1,955		2,898
Diluted weighted average number of common
shares outstanding	243,809		246,428		244,311		246,286
Diluted earnings per share	$	0.41	$	0.47	$	0.47	$	0.96
All earnings per share and share data reflect the effect of the two-for-one stock split which took effect on March 27, 2015.

	Three months ended				Nine months ended
	July 5,		July 6,		July 5,		July 6,
	2015		2014		2015		2014

Depreciation and amortization (note 8(b))	$	35,517	$	27,953	$	86,386	$	71,364
Restructuring charges related to assets held
for sale (note 7)		-		-		(330)		(338)
Remeasurement of contingent consideration in
connection with a business acquisition (note 7)		202		-		721		-
Loss (gain) on disposal of property, plant and equipment		161		(105)		607		(909)
Share-based compensation		2,767		2,697		7,687		7,294
Deferred income taxes		902		2,524		1,142		5,927
Unrealized net (gain) loss on foreign exchange and
financial derivatives		(516)		(139)		788		(782)
Timing differences between settlement of financial
derivatives and transfer of deferred loss in
accumulated OCI to net earnings		2,147		-		3,410		-
Other non-current assets		1,071		(460)		(95)		(546)
Employee benefit obligations		3		349		(3,077)		(2,900)
Provisions		568		81		726		(411)
	$	42,822	$	32,900	$	97,965	$	78,699

	Three months ended				Nine months ended
	July 5,		July 6,		July 5,		July 6,
	2015		2014		2015		2014

Additions to property, plant and equipment included in
accounts payable and accrued liabilities		(3,679)		3,408		(12,274)		5,793
Proceeds on disposal of property, plant and equipment
included in other current assets		(398)		3,163		(319)		(327)
Settlement of pre-existing relationship		-		-		8,378		-
Transfer from accounts payable and accrued liabilities to
contributed surplus in connection with share repurchases
for future settlement of non-Treasury RSUs		-		-		7,488		8,383
Non-cash ascribed value credited to contributed
surplus for dividends attributed to Treasury RSUs		16		54		62		175
Non-cash ascribed value credited to share capital from
shares issued or distributed pursuant to vesting of
restricted share units and exercise of stock options		3,342		3,628		7,655		10,564

The Company manages and reports its business as two operating segments, Printwear and Branded Apparel, each of which is a reportable segment for financial reporting purposes. Each segment has its own management that is accountable and responsible for the segment’s operations, results and financial performance. These segments are principally organized by the major customer markets they serve. The following summary describes the operations of each of the Company’s operating segments:

Printwear: The Printwear segment, headquartered in Christ Church, Barbados, designs, manufactures, sources, markets and distributes undecorated activewear products in large quantities primarily to wholesale distributors in printwear markets in over 30 countries across North America, Europe, Asia-Pacific and Latin America.

Branded Apparel: The Branded Apparel segment, headquartered in Charleston, South Carolina, designs, manufactures, sources, markets and distributes branded family apparel, which includes athletic, casual and dress socks, sheer hosiery, legwear, shapewear, underwear and activewear products, primarily to U.S. and Canadian retailers.

The chief operating decision-maker assesses segment performance based on segment operating income which is defined as operating income before corporate head office expenses, restructuring and acquisition-related costs, and amortization of intangible assets, excluding software. The accounting policies of the segments are the same as those described in note 3 of the Company’s 2014 audited annual consolidated financial statements, and note 2 (c) of these condensed interim consolidated financial statements.

		Three months ended				Nine months ended
		July 5,		July 6,		July 5,		July 6,
		2015		2014		2015		2014

Segmented net sales:
	Printwear	$	477,836	$	483,401	$	1,069,436	$	1,123,774
	Branded Apparel		236,317		210,382		671,528		570,219
Total net sales		$	714,153	$	693,783	$	1,740,964	$	1,693,993

Segment operating income:
	Printwear	$	113,490	$	129,687	$	176,456	$	270,102
	Branded Apparel		19,443		15,550		29,867		50,776
Total segment operating income		$	132,933	$	145,237	$	206,323	$	320,878

Reconciliation to consolidated earnings before income taxes:
	Total segment operating income	$	132,933	$	145,237	$	206,323	$	320,878
	Amortization of intangible assets,
	excluding software		(4,727)		(3,688)		(13,168)		(11,064)
	Corporate expenses		(17,732)		(19,111)		(56,527)		(57,041)
	Restructuring and acquisition-related costs		(4,243)		(632)		(9,323)		(2,714)
	Financial expenses, net		(4,764)		(732)		(10,504)		(1,260)
Earnings before income taxes		$	101,467	$	121,074	$	116,801	$	248,799

	July 5,		October 5,
	2015		2014

Raw materials and spare parts inventories	$	116,114	$	98,767
Work in progress		63,130		58,658
Finished goods		639,404		621,982
	$	818,648	$	779,407