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ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 30, 2017
Business Combinations [Abstract] |
Assets and Liabilities Acquired | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition:
(In thousands) |  | October 2, 2017 |
Cash and equivalents |  | $ | 60,172 |  |
Accounts receivable |  | 146,403 |  |
Inventories |  | 251,778 |  |
Other current assets |  | 8,447 |  |
Property, plant and equipment |  | 105,119 |  |
Intangible assets |  | 397,755 |  |
Other assets |  | 9,665 |  |
Total assets acquired |  | 979,339 |  |
Short-term borrowings |  | 17,565 |  |
Accounts payable |  | 88,052 |  |
Other current liabilities |  | 117,621 |  |
Deferred income tax liabilities |  | 15,160 |  |
Other non-current liabilities |  | 33,066 |  |
Total liabilities assumed |  | 271,464 |  |
Net assets acquired |  | 707,875 |  |
Goodwill |  | 92,837 |  |
Purchase Price |  | $ | 800,712 |  |
Pro Forma Results | The following unaudited pro forma summary presents consolidated information of VF as if the acquisition of Williamson-Dickie had occurred on January 3, 2016:
(In thousands) |  | Pro forma year ended December 2017 (unaudited) |  |  | Pro forma year ended December 2016 (unaudited)
Total revenues |  | $ | 12,475,116 |  |  |  | $ | 11,888,704 |
Income from continuing operations |  | 763,563 |  |  |  | 1,097,572 |
Earnings per common share from continuing operations |  |  |  |  |
Basic |  | $ | 1.91 |  |  |  | $ | 2.64 |
Diluted |  | 1.89 |  |  |  | 2.60 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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