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BUSINESS SEGMENT INFORMATION
 9 Months Ended
Oct. 02, 2021
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION BUSINESS SEGMENT INFORMATION
The Company has two reportable segments:
•Wrangler — Wrangler® branded denim, apparel and accessories.
•Lee — Lee® branded denim, apparel and accessories.
The chief operating decision maker allocates resources and assesses performance based on a global brand view which determines the Company's operating segments. Operating segments are the basis for the Company's reportable segments.
In addition, we report an "Other" category in order to reconcile segment revenues and segment profit to the Company's operating results, but the Other category is not considered a reportable segment based on evaluation of aggregation criteria. Other primarily includes other revenue sources, including sales and licensing of Rock & Republic® apparel. Other also included sales of third-party branded merchandise at VF Outlet stores through the first quarter of 2021. During 2020, the Company decided to discontinue the sale of third-party branded merchandise in all VF Outlet stores, exit certain VF Outlet stores and convert all remaining locations to Lee Wrangler OutletTM and Lee Wrangler Clearance CenterTM retail stores. Sales of Wrangler® and Lee® branded products in our retail stores are not included in Other and are reported in the respective segments discussed above.
Accounting policies utilized for internal management reporting at the individual segments are consistent with those in Note 1 to the Company's financial statements included in the Company's 2020 Annual Report on Form 10-K, except as noted below.
The Company has allocated costs for certain centralized functions and programs to the Wrangler and Lee segments based on appropriate metrics such as usage or production of net revenues. These centralized functions and programs include, but are not limited to, information technology, human resources, supply chain, insurance and related benefit costs associated with those functions.
Corporate and other expenses and interest income and expense are not controlled by segment management and therefore are excluded from the measurement of segment profit.
The following table presents financial information for the Company's reportable segments and income before income taxes:
 Three Months Ended SeptemberNine Months Ended September
(In thousands)2021202020212020
Segment revenues:
Wrangler$421,508 $346,629 $1,131,631 $901,670 
Lee227,973 214,440 654,135 483,162 
Total reportable segment revenues649,481 561,069 1,785,766 1,384,832 
Other revenues 2,817 22,153 9,059 52,142 
Total net revenues$652,298 $583,222 $1,794,825 $1,436,974 
Segment profit:
Wrangler$77,184 $76,908 $214,001 $139,709 
Lee42,969 40,968 112,583 23,524 
Total reportable segment profit$120,153 $117,876 $326,584 $163,233 
Corporate and other expenses(35,051)(31,347)(113,585)(90,917)
Interest expense(7,156)(13,249)(26,588)(37,308)
Interest income345 283 1,024 1,255 
Profit (loss) related to other revenues202 (4,416)261 (13,121)
Income before income taxes$78,493 $69,147 $187,696 $23,142