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ACQUISITIONS (Tables) | 3 Months Ended
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Jun. 30, 2018
Business Combinations [Abstract] |
Assets and Liabilities Acquired | The following table summarizes the estimated fair values of the Williamson-Dickie 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 |  | 109,964 |  |
Deferred income tax liabilities |  | 15,160 |  |
Other non-current liabilities |  | 33,066 |  |
Total liabilities assumed |  | 263,807 |  |
Net assets acquired |  | 715,532 |  |
Goodwill |  | 82,863 |  |
Purchase price |  | $ | 798,395 |  |
The following table summarizes the estimated fair values of the Altra assets acquired and liabilities assumed at the date of acquisition:
(In thousands) |  | June 1, 2018 |
Accounts receivable |  | $ | 10,101 |  |
Inventories |  | 9,434 |  |
Other current assets |  | 575 |  |
Property, plant and equipment |  | 1,214 |  |
Intangible assets |  | 59,700 |  |
Total assets acquired |  | 81,024 |  |
Accounts payable |  | 5,068 |  |
Other current liabilities |  | 7,415 |  |
Total liabilities assumed |  | 12,483 |  |
Net assets acquired |  | 68,541 |  |
Goodwill |  | 63,122 |  |
Purchase price |  | $ | 131,663 |  |
The following table summarizes the estimated fair values of the Icebreaker assets acquired and liabilities assumed at the date of acquisition:
(In thousands) |  | April 3, 2018 |
Cash and equivalents |  | $ | 6,444 |  |
Accounts receivable |  | 16,781 |  |
Inventories |  | 31,728 |  |
Other current assets |  | 3,931 |  |
Property, plant and equipment |  | 3,858 |  |
Intangible assets |  | 98,041 |  |
Other assets |  | 4,758 |  |
Total assets acquired |  | 165,541 |  |
Short-term borrowings |  | 7,235 |  |
Accounts payable |  | 2,075 |  |
Other current liabilities |  | 21,919 |  |
Deferred income tax liabilities |  | 22,802 |  |
Other non-current liabilities |  | 433 |  |
Total liabilities assumed |  | 54,464 |  |
Net assets acquired |  | 111,077 |  |
Goodwill |  | 86,760 |  |
Purchase price |  | $ | 197,837 |  |
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) | Three Months Ended June 2017 (unaudited)
Total revenues | $ | 2,484,272 |
Income from continuing operations | 113,919 |
Earnings per common share from continuing operations |
Basic | $ | 0.29 |
Diluted | 0.28 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -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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