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v3.20.4

Business Segments (Tables) | 12 Months Ended
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Jan. 02, 2021
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) | 2020 |  | 2019 |  | 2018
Revenue: |  |  |  |  |
Wolverine Michigan Group | $ | 1,051.0 |  |  | $ | 1,299.7 |  |  | $ | 1,272.2 |
Wolverine Boston Group | 696.0 |  |  | 910.9 |  |  | 895.5 |
Other | 44.1 |  |  | 63.1 |  |  | 71.5 |
Total | $ | 1,791.1 |  |  | $ | 2,273.7 |  |  | $ | 2,239.2 |
Operating profit (loss): |  |  |  |  |
Wolverine Michigan Group | $ | 179.9 |  |  | $ | 244.8 |  |  | $ | 257.6 |
Wolverine Boston Group | 88.1 |  |  | 153.8 |  |  | 157.5 |
Other | 1.6 |  |  | 2.9 |  |  | 3.1 |
Corporate | (406.7) |  |  | (230.5) |  |  | (166.3) |
Total | $ | (137.1) |  |  | $ | 171.0 |  |  | $ | 251.9 |
Depreciation and amortization expense: |  |  |  |  |
Wolverine Michigan Group | $ | 2.7 |  |  | $ | 2.4 |  |  | $ | 2.7 |
Wolverine Boston Group | 3.4 |  |  | 3.3 |  |  | 3.3 |
Other | 2.0 |  |  | 2.4 |  |  | 3.1 |
Corporate | 24.7 |  |  | 24.6 |  |  | 22.4 |
Total | $ | 32.8 |  |  | $ | 32.7 |  |  | $ | 31.5 |
Capital expenditures: |  |  |  |  |
Wolverine Michigan Group | $ | 0.8 |  |  | $ | 2.2 |  |  | $ | 3.1 |
Wolverine Boston Group | 2.3 |  |  | 5.7 |  |  | 1.2 |
Other | 0.9 |  |  | 2.2 |  |  | 1.8 |
Corporate | 6.3 |  |  | 24.3 |  |  | 15.6 |
Total | $ | 10.3 |  |  | $ | 34.4 |  |  | $ | 21.7 |
(In millions) | January 2, 2021 |  | December 28, 2019
Total assets: |  |  |
Wolverine Michigan Group | $ | 626.9 |  |  | $ | 773.8 |
Wolverine Boston Group | 1,077.8 |  |  | 1,354.8 |
Other | 31.4 |  |  | 38.4 |
Corporate | 401.3 |  |  | 313.0 |
Total | $ | 2,137.4 |  |  | $ | 2,480.0 |
Goodwill: |  |  |
Wolverine Michigan Group | $ | 145.4 |  |  | $ | 144.4 |
Wolverine Boston Group | 297.0 |  |  | 294.5 |
Total | $ | 442.4 |  |  | $ | 438.9 |
Revenue by Geographic Region | Geographic dispersion of revenue from external customers, based on shipping destination is as follows:
| Fiscal Year
(In millions) | 2020 |  | 2019 |  | 2018
United States | $ | 1,234.2 |  |  | $ | 1,507.9 |  |  | $ | 1,505.2 |
Foreign: |  |  |  |  |
Europe, Middle East and Africa | 279.8 |  |  | 343.1 |  |  | 325.7 |
Asia Pacific | 120.3 |  |  | 193.7 |  |  | 186.0 |
Canada | 88.9 |  |  | 117.9 |  |  | 116.7 |
Latin America | 67.9 |  |  | 111.1 |  |  | 105.6 |
Total from foreign territories | 556.9 |  |  | 765.8 |  |  | 734.0 |
Total revenue | $ | 1,791.1 |  |  | $ | 2,273.7 |  |  | $ | 2,239.2 |
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) | January 2, 2021 |  | December 28, 2019 |  | December 29, 2018
United States | $ | 222.2 |  |  | $ | 247.2 |  |  | $ | 117.1 |
Foreign countries | 44.9 |  |  | 54.6 |  |  | 13.8 |
Total | $ | 267.1 |  |  | $ | 301.8 |  |  | $ | 130.9 |

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