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Business Segments | 12 Months Ended
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Jan. 02, 2016
Segment Reporting [Abstract] |
Business Segments | BUSINESS SEGMENTS During the first quarter of fiscal 2016, the Company’s portfolio of brands was realigned into the following four operating segments, which the Company has determined to be reportable operating segments.
• | Wolverine Outdoor & Lifestyle Group, consisting of Merrell® footwear and apparel, Cat® footwear, Hush Puppies® footwear and apparel, Chaco® footwear, Sebago® footwear and apparel and Cushe® footwear;
• | Wolverine Boston Group, consisting of Sperry® footwear and apparel, Saucony® footwear and apparel and Keds® footwear and apparel;
• | Wolverine Heritage Group, consisting of Wolverine® footwear and apparel, Bates® uniform footwear, Harley-Davidson® footwear and HyTest® safety footwear; and
• | Wolverine Multi-Brand Group, consisting of Stride Rite® footwear and apparel and the Company's multi-brand consumer-direct businesses.
The reportable segments are engaged in designing, manufacturing, sourcing, marketing, licensing and distributing branded footwear, apparel and accessories. Reported revenue for the reportable operating segments includes revenue from the sale of branded footwear, apparel and accessories to third-party customers; revenue from third-party licensees and distributors; and revenue from the Company’s consumer-direct businesses. The Company also reports “Other” and “Corporate” categories. The Other category consists of the Company’s leather marketing operations and sourcing operations that include third-party commission revenues. The Corporate category consists of unallocated corporate expenses, including restructuring and impairment costs. The Company’s operating segments are determined based on how the Company internally reports and evaluates financial information used to make operating decisions. The operating segment managers all report directly to the chief operating decision maker. Company management uses various financial measures to evaluate the performance of the reportable operating segments. The following is a summary of certain key financial measures for the respective fiscal periods indicated. Amounts have been recast for all periods presented to reflect the new reportable operating segments.
| Fiscal Year
(In millions) | 2015 |  | 2014 |  | 2013
Revenue: |  |  |  |  |
Wolverine Outdoor & Lifestyle Group | $ | 957.5 |  |  | $ | 1,024.6 |  |  | $ | 998.4 |
Wolverine Boston Group | 942.8 |  |  | 906.1 |  |  | 887.4 |
Wolverine Heritage Group | 370.5 |  |  | 369.7 |  |  | 352.9 |
Wolverine Multi-Brand Group | 351.2 |  |  | 399.0 |  |  | 402.0 |
Other | 69.6 |  |  | 61.7 |  |  | 50.4 |
Total | $ | 2,691.6 |  |  | $ | 2,761.1 |  |  | $ | 2,691.1 |
Operating profit (loss): |  |  |  |  |
Wolverine Outdoor & Lifestyle Group | $ | 197.7 |  |  | $ | 216.0 |  |  | $ | 201.3 |
Wolverine Boston Group | 132.9 |  |  | 132.9 |  |  | 153.4 |
Wolverine Heritage Group | 54.6 |  |  | 59.5 |  |  | 54.3 |
Wolverine Multi-Brand Group | 5.2 |  |  | 14.3 |  |  | 21.2 |
Other | 5.6 |  |  | 4.4 |  |  | 3.7 |
Corporate | (194.9 | ) |  | (197.2 | ) |  | (241.6 | )
Total | $ | 201.1 |  |  | $ | 229.9 |  |  | $ | 192.3 |
Depreciation and amortization expense: |  |  |  |  |
Wolverine Outdoor & Lifestyle Group | $ | 3.4 |  |  | $ | 3.7 |  |  | $ | 4.0 |
Wolverine Boston Group | 4.2 |  |  | 3.4 |  |  | 2.6 |
Wolverine Heritage Group | 0.5 |  |  | 0.5 |  |  | 0.6 |
Wolverine Multi-Brand Group | 6.3 |  |  | 6.7 |  |  | 6.3 |
Other | 1.5 |  |  | 1.8 |  |  | 2.0 |
Corporate | 32.8 |  |  | 37.2 |  |  | 40.7 |
Total | $ | 48.7 |  |  | $ | 53.3 |  |  | $ | 56.2 |
Capital expenditures: |  |  |  |  |
Wolverine Outdoor & Lifestyle Group | $ | 4.7 |  |  | $ | 3.4 |  |  | $ | 3.4 |
Wolverine Boston Group | 8.3 |  |  | 5.3 |  |  | 7.8 |
Wolverine Heritage Group | 0.4 |  |  | 0.3 |  |  | 0.5 |
Wolverine Multi-Brand Group | 7.2 |  |  | 8.1 |  |  | 14.4 |
Other | 0.9 |  |  | 0.4 |  |  | 1.8 |
Corporate | 24.9 |  |  | 12.5 |  |  | 13.8 |
Total | $ | 46.4 |  |  | $ | 30.0 |  |  | $ | 41.7 |
(In millions) | January 2, 2016 |  | January 3, 2015
Total assets: |  |  |
Wolverine Outdoor & Lifestyle Group | $ | 444.2 |  |  | $ | 454.7 |
Wolverine Boston Group | 1,324.2 |  |  | 1,315.9 |
Wolverine Heritage Group | 169.9 |  |  | 153.8 |
Wolverine Multi-Brand Group | 204.3 |  |  | 222.8 |
Other | 23.9 |  |  | 21.5 |
Corporate | 267.9 |  |  | 322.6 |
Total | $ | 2,434.4 |  |  | $ | 2,491.3 |
Goodwill: |  |  |
Wolverine Outdoor & Lifestyle Group | $ | 130.4 |  |  | $ | 131.6 |
Wolverine Boston Group | 256.2 |  |  | 264.7 |
Wolverine Heritage Group | 16.5 |  |  | 16.5 |
Wolverine Multi-Brand Group | 26.0 |  |  | 26.0 |
Total | $ | 429.1 |  |  | $ | 438.8 |
Geographic dispersion of revenue from external customers, based on shipping destination is as follows:
| Fiscal Year
(In millions) | 2015 |  | 2014 |  | 2013
United States | $ | 1,948.9 |  |  | $ | 1,990.2 |  |  | $ | 1,984.8 |
Foreign: |  |  |  |  |
Europe, Middle East and Africa | 345.3 |  |  | 391.0 |  |  | 362.0 |
Canada | 141.2 |  |  | 163.0 |  |  | 166.2 |
Other | 256.2 |  |  | 216.9 |  |  | 178.1 |
Total from foreign territories | 742.7 |  |  | 770.9 |  |  | 706.3 |
Total revenue | $ | 2,691.6 |  |  | $ | 2,761.1 |  |  | $ | 2,691.1 |
The location of the Company’s tangible long-lived assets, which is comprised of property, plant and equipment, is as follows:
(In millions) | January 2, 2016 |  | January 3, 2015 |  | December 29, 2012
United States | $ | 117.7 |  |  | $ | 126.8 |  |  | $ | 136.7 |
Foreign countries | 13.9 |  |  | 10.0 |  |  | 15.2 |
Total | $ | 131.6 |  |  | $ | 136.8 |  |  | $ | 151.9 |
The Company does not believe that it is dependent upon any single customer because no customer accounts for more than 10% of consolidated revenue in any year. During fiscal 2015, the Company sourced approximately 99% of its footwear products from third-party suppliers located primarily in the Asia Pacific region. For fiscal 2015, the remainder was produced at Company-owned manufacturing facilities in the U.S. All apparel and accessories are sourced from third-party suppliers. While changes in suppliers could cause delays in manufacturing and a possible loss of sales, management believes that other suppliers could provide similar products on comparable terms.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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