XML 125 R51.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Business Segments (Tables) | 12 Months Ended
--- | ---
Dec. 28, 2019
Segment Reporting [Abstract] |
Business Segment Information | The following is a summary of certain key financial measures for the respective fiscal periods indicated.
| Fiscal Year
(In millions) | 2019 |  | 2018 |  | 2017
Revenue: |  |  |  |  |
Wolverine Michigan Group | $ | 1,299.7 |  |  | $ | 1,272.2 |  |  | $ | 1,267.8 |
Wolverine Boston Group | 910.9 |  |  | 895.5 |  |  | 988.8 |
Other | 63.1 |  |  | 71.5 |  |  | 93.4 |
Total | $ | 2,273.7 |  |  | $ | 2,239.2 |  |  | $ | 2,350.0 |
Operating profit (loss): |  |  |  |  |
Wolverine Michigan Group | $ | 244.8 |  |  | $ | 257.6 |  |  | $ | 243.7 |
Wolverine Boston Group | 153.8 |  |  | 157.5 |  |  | 153.6 |
Other | 2.9 |  |  | 3.1 |  |  | 5.2 |
Corporate | (230.5 | ) |  | (166.3 | ) |  | (370.9 | )
Total | $ | 171.0 |  |  | $ | 251.9 |  |  | $ | 31.6 |
Depreciation and amortization expense: |  |  |  |  |
Wolverine Michigan Group | $ | 2.4 |  |  | $ | 2.7 |  |  | $ | 2.9 |
Wolverine Boston Group | 3.3 |  |  | 3.3 |  |  | 3.7 |
Other | 2.4 |  |  | 3.1 |  |  | 3.5 |
Corporate | 24.6 |  |  | 22.4 |  |  | 27.1 |
Total | $ | 32.7 |  |  | $ | 31.5 |  |  | $ | 37.2 |
Capital expenditures: |  |  |  |  |
Wolverine Michigan Group | $ | 2.2 |  |  | $ | 3.1 |  |  | $ | 0.5 |
Wolverine Boston Group | 5.7 |  |  | 1.2 |  |  | 1.6 |
Other | 2.2 |  |  | 1.8 |  |  | 1.8 |
Corporate | 24.3 |  |  | 15.6 |  |  | 28.5 |
Total | $ | 34.4 |  |  | $ | 21.7 |  |  | $ | 32.4 |
(In millions) | December 28, 2019 |  | December 29, 2018
Total assets: |  |  |
Wolverine Michigan Group | $ | 773.8 |  |  | $ | 626.8 |
Wolverine Boston Group | 1,354.8 |  |  | 1,282.2 |
Other | 38.4 |  |  | 50.0 |
Corporate | 313.0 |  |  | 224.1 |
Total | $ | 2,480.0 |  |  | $ | 2,183.1 |
Goodwill: |  |  |
Wolverine Michigan Group | $ | 144.4 |  |  | $ | 143.8 |
Wolverine Boston Group | 294.5 |  |  | 280.6 |
Total | $ | 438.9 |  |  | $ | 424.4 |
Revenue by Geographic Region | Geographic dispersion of revenue from external customers, based on shipping destination is as follows:
| Fiscal Year
(In millions) | 2019 |  | 2018 |  | 2017
United States | $ | 1,507.9 |  |  | $ | 1,505.2 |  |  | $ | 1,608.7 |
Foreign: |  |  |  |  |
Europe, Middle East and Africa | 343.1 |  |  | 325.7 |  |  | 322.4 |
Asia Pacific | 193.7 |  |  | 186.0 |  |  | 189.4 |
Canada | 117.9 |  |  | 116.7 |  |  | 121.2 |
Latin America | 111.1 |  |  | 105.6 |  |  | 108.3 |
Total from foreign territories | 765.8 |  |  | 734.0 |  |  | 741.3 |
Total revenue | $ | 2,273.7 |  |  | $ | 2,239.2 |  |  | $ | 2,350.0 |
Geographic Location of Long-Lived Assets | The location of the Company’s tangible long-lived assets, which comprises property, plant and equipment and lease right-of-use assets, is as follows:
(In millions) | December 28, 2019 |  | December 29, 2018 |  | December 30, 2017
United States | $ | 247.2 |  |  | $ | 117.1 |  |  | $ | 122.4 |
Foreign countries | 54.6 |  |  | 13.8 |  |  | 14.3 |
Total | $ | 301.8 |  |  | $ | 130.9 |  |  | $ | 136.7 |

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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