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BUSINESS SEGMENTS (Tables)

6 Months Ended

Jan. 26, 2019

Segment Reporting [Abstract]

Schedule of business segment information



(in thousands)		Wholesale				Other				Eliminations				Unallocated (Income)/Expenses				Consolidated
13-Week Period Ended January 26, 2019:
Net sales⁽¹⁾		$	6,130,276			$	57,859			$	(38,929	)		$	—			$	6,149,206
Goodwill and asset impairment charges		370,871				—				—				—				370,871
Restructuring, acquisition, and integration related expenses		4				47,121				—				—				47,125
Operating income (loss)		(312,208		)		(95,608		)		(319		)		—				(408,135		)
Total other expense, net		—				—				—				46,977				46,977
(Loss) income from continuing operations before income taxes		—				—				—				—				(455,112		)
Depreciation and amortization		62,336				10,864				—				—				73,200
Capital expenditures		63,673				83				—				—				63,756
Total assets of continuing operations		6,497,883				361,063				(36,203		)		—				6,822,743

13-Week Period Ended January 27, 2018:
Net sales		$	2,514,670			$	55,493			$	(42,152	)		$	—			$	2,528,011
Goodwill and asset impairment charges		67				11,175				—				—				11,242
Operating income (loss)		53,941				(16,549		)		2,812				—				40,204
Total other expense, net		—				—				—				3,719				3,719
(Loss) income from continuing operations before income taxes		—				—				—				—				36,485
Depreciation and amortization		21,437				370				—				—				21,807
Capital expenditures		9,426				852				—				—				10,278
Total assets of continuing operations		2,909,175				183,180				(42,675		)		—				3,049,680


(1)	For the second quarter of fiscal 2019, the Company recorded $265.2 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.



(in thousands)		Wholesale				Other				Eliminations				Unallocated (Income)/Expenses				Consolidated
26-Week Period Ended January 26, 2019:
Net sales⁽¹⁾		$	8,987,242			$	106,613			$	(76,493	)		$	—			$	9,017,362
Goodwill and asset impairment charges		370,871				—				—				—				370,871
Restructuring, acquisition, and integration related expenses		4				115,125				—				—				115,129
Operating income (loss)		(251,971		)		(173,937		)		(1,065		)		—				(426,973		)
Total other expense, net		—				—				—				53,755				53,755
(Loss) income from continuing operations before income taxes		—				—				—				—				(480,728		)
Depreciation and amortization		85,853				12,140				—				—				97,993
Capital expenditures		79,410				727				—				—				80,137

26-Week Period Ended January 27, 2018:
Net sales		$	4,959,328			$	112,925			$	(86,697	)		$	—			$	4,985,556
Goodwill and asset impairment charges		67				11,175				—				—				11,242
Operating income (loss)		113,897				(21,140		)		2,554				—				95,311
Total other expense, net		—				—				—				6,432				6,432
(Loss) income from continuing operations before income taxes		—				—				—				—				88,879
Depreciation and amortization		42,976				1,273				—				—				44,249
Capital expenditures		13,607				1,928				—				—				15,535


(1)	For the 26-week period ended January 26, 2019, the Company recorded $287.0 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.