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Business Segment Information
 3 Months Ended
Apr. 02, 2022
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
The Company’s operations are managed and reported in three operating segments, each of which is a reportable segment for financial reporting purposes: Innerwear, Activewear and International. These segments are organized principally by product category and geographic location. Each segment has its own management team that is responsible for the operations of the segment’s businesses, but the segments share a common supply chain and media and marketing platforms. Other consists of the Company’s U.S.-based outlet stores, U.S. Sheer Hosiery business and certain sales from its supply chain and transitional services with the European Innerwear business which was sold on March 5, 2022. In the fourth quarter of 2021, the Company reached the decision to divest its U.S. Sheer Hosiery business, including the L’eggs brand, as part of its strategy to streamline its portfolio under its Full Potential plan. See Note “Assets and Liabilities Held for Sale” for additional information.
The types of products and services from which each reportable segment derives its revenues are as follows:
•Innerwear includes sales in the United States of basic branded apparel products that are replenishment in nature under the product categories of men’s underwear, women’s panties, children’s underwear and socks, and intimate apparel, which includes bras and shapewear.
•Activewear includes sales in the United States of branded products that are primarily seasonal in nature to both retailers and wholesalers, as well as licensed sports apparel and licensed logo apparel.
•International primarily includes sales of the Company’s innerwear and activewear products outside the United States, primarily in Australasia, Europe, Asia, Latin America and Canada. 
The Company evaluates the operating performance of its segments based upon segment operating profit, which is defined as operating profit before general corporate expenses, restructuring and other action-related charges and amortization of intangibles. The accounting policies of the segments are consistent with those described in Note “Summary of Significant Accounting Policies” to the Company’s consolidated financial statements included in its Annual Report on Form 10-K for the year ended January 1, 2022.
 Quarters Ended
April 2,
2022		April 3,
2021
Net sales:
Innerwear$578,947 $570,435 
Activewear386,937 364,003 
International510,129 506,261 
Other100,143 67,330 
Total net sales$1,576,156 $1,508,029 
Quarters Ended
April 2,
2022		April 3,
2021
Segment operating profit:
Innerwear$102,146 $127,417 
Activewear48,984 60,594 
International89,438 87,180 
Other(671)1,886 
Total segment operating profit239,897 277,077 
Items not included in segment operating profit:
General corporate expenses(57,228)(59,823)
Restructuring and other action-related charges(4,802)(19,393)
Amortization of intangibles(7,355)(7,739)
Total operating profit170,512 190,122 
Other expenses(987)(2,561)
Interest expense, net(31,963)(44,460)
Income from continuing operations before income tax expense$137,562 $143,101 
The Company incurred restructuring and other action-related charges that were reported in the following lines in the Condensed Consolidated Statements of Income:
 Quarters Ended
April 2,
2022		April 3,
2021
Cost of sales$499 $2,807 
Selling, general and administrative expenses4,303 16,586 
Total included in operating profit4,802 19,393 
Income tax expense816 11,302 
Total restructuring and other action-related charges$3,986 $8,091 
The components of restructuring and other action-related charges were as follows:
Quarters Ended
April 2,
2022		April 3,
2021
Full Potential Plan:
Professional services$7,908 $11,706 
Gain on classification of assets held for sale(6,528)— 
Operating model(1,919)— 
Supply chain segmentation1,020 — 
Technology4,459 — 
Impairment of intangible assets— 7,302 
Other(138)385 
Total included in operating profit4,802 19,393 
Discrete tax benefits— 7,295 
Tax effect on actions816 4,007 
Total benefit included in income tax expense816 11,302 
Total restructuring and other action-related charges$3,986 $8,091 
Restructuring and other action-related charges within operating profit included $4,802 and $19,393 of charges related to the implementation of the Company’s Full Potential plan in the quarters ended April 2, 2022 and April 3, 2021, respectively. Full Potential plan charges in the quarter ended April 2, 2022 included a non-cash gain of $6,528, which is reflected in the “Selling, general and administrative expenses” line of the Condensed Consolidated Statements of Income, to adjust the valuation allowance related to the U.S. Sheer Hosiery business resulting from a decrease in carrying value due to changes in working capital. Full Potential plan charges in the quarter ended April 3, 2021 included impairment charges of $7,302, which are reflected in the “Selling, general and administrative expenses” line of the Condensed Consolidated Statements of Income,
related to the full impairment of an indefinite-lived trademark related to a specific brand within the European Innerwear business that was excluded from the disposal group as it was not marketed for sale and that the Company intends to exit.
In the third quarter of 2021, the Company recorded a charge for an action to resize its U.S. corporate office workforce through a voluntary retirement program which was included in restructuring and other action-related charges. At January 1, 2022, the accrual for employee termination and other benefits related to the Company’s 2021 voluntary retirement program was $15,688. The Company made benefit payments of $3,066 during the quarter ended April 2, 2022, resulting in an ending accrual of $12,622 which is included in the “Accrued liabilities” line of the Condensed Consolidated Balance Sheets at April 2, 2022.