XML 51 R39.htm IDEA: XBRL DOCUMENT
v3.19.3

TRANSACTIONS WITH FORMER PARENT (Tables) | 9 Months Ended
--- | ---
Sep. 28, 2019
Related Party Transactions [Abstract] |
Schedule of Related Party Transactions | The following table presents components of due from former parent, noncurrent:
(in thousands) |  | December 2018 |  | September 2018
Hedging agreements with VF |  | $ | 611 |  |  | $ | 1,100 |
The following table presents components of due to former parent, current:
(in thousands) |  | December 2018 |  | September 2018
Sourcing payable |  | $ | 16,140 |  |  | $ | 69,542 |
The following table presents components of the transfers to and from VF:
|  | Nine Months Ended September
(in thousands) |  | 2019 (a) |  |  | 2018
General financing activities |  | $ | (723,155 | ) |  |  | $ | (127,627 | )
Corporate allocations |  | 47,903 |  |  |  | 82,477 |
Stock-based compensation expense |  | 9,582 |  |  |  | 14,012 |
Pension (benefit) costs |  | (2,246 | ) |  |  | 5,286 |
Purchases from parent |  | 3,193 |  |  |  | 1,961 |
Sales to parent |  | (13,988 | ) |  |  | (40,566 | )
Other income tax |  | 10,863 |  |  |  | 53,378 |
Transition tax related to the Tax Act |  | 3,937 |  |  |  | 5,716 |
Cash dividend to former parent |  | (1,032,948 | ) |  |  | — |
Total net transfers to former parent |  | $ | (1,696,859 | ) |  |  | $ | (5,363 | )
(a) Activity reflected through the Separation date. |  |  |  |  |
The following table presents components of due from former parent, current:
(in thousands) |  | December 2018 |  | September 2018
Sale of trade accounts receivable |  | $ | 544,858 |  |  | $ | 263,498 |
Hedging agreements with VF |  | 2,832 |  |  | 4,107 |
|  | $ | 547,690 |  |  | $ | 267,605 |

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration