XML 53 R22.htm IDEA: XBRL DOCUMENT
v3.20.1

SEGMENT INFORMATION | 3 Months Ended
--- | ---
Mar. 28, 2020
Segment Reporting [Abstract] |
SEGMENT INFORMATION | SEGMENT INFORMATION The table below presents certain information for our reportable segments and unallocated corporate expenses for the periods indicated:
| Fiscal quarter ended
(dollars in thousands) | March 28, 2020 |  | % of total net sales |  | March 30, 2019 |  | % of total net sales
Net sales: |  |  |  |  |  |  |
U.S. Retail | $ | 320,717 |  |  | 49.0 | % |  | $ | 377,053 |  |  | 50.9 | %
U.S. Wholesale | 252,130 |  |  | 38.5 | % |  | 275,367 |  |  | 37.2 | %
International | 81,626 |  |  | 12.5 | % |  | 88,637 |  |  | 12.0 | %
Total net sales | $ | 654,473 |  |  | 100.0 | % |  | $ | 741,057 |  |  | 100.0 | %
Operating income: |  |  | % of Segment Net Sales |  |  |  | % of Segment Net Sales
U.S. Retail(1)(3)(4)(5) | $ | (32,376 | ) |  | (10.1 | )% |  | $ | 23,949 |  |  | 6.4 | %
U.S. Wholesale(1)(3)(4)(5) | 2,231 |  |  | 0.9 | % |  | 55,456 |  |  | 20.1 | %
International(1)(2)(3)(4)(5)(6) | (27,705 | ) |  | (33.9 | )% |  | 4,958 |  |  | 5.6 | %
Corporate expenses(7)(8) | (20,628 | ) |  | (3.2 | )% |  | (23,604 | ) |  | (3.2 | )%
Total operating (loss) income | $ | (78,478 | ) |  | (12.0 | )% |  | $ | 60,759 |  |  | 8.2 | %
(1) | Fiscal quarter ended March 28, 2020 includes $1.5 million, $0.6 million, and $0.3 million in charges related to organizational restructuring for the U.S. Retail segment, the U.S. Wholesale segment, and the International segment, respectively.
(2) | Fiscal quarter ended March 28, 2020 includes a goodwill impairment charge of $17.7 million recorded to the International segment.
(3) | Fiscal quarter ended March 28, 2020 includes an impairment charge of the Company's indefinite-lived Skip Hop tradename asset of $6.8 million, $3.7 million, and $0.5 million recorded to the U.S. Wholesale, International, and U.S. Retail segments, respectively.
(4) | Fiscal quarter ended March 28, 2020 includes an impairment charge of the Company's indefinite-lived OshKosh tradename asset of $13.6 million, $1.6 million, and $0.3 million recorded to the U.S. Retail, U.S. Wholesale, and International segments, respectively.
(5) | Fiscal quarter ended March 28, 2020 includes $3.5 million, $0.3 million, and $0.3 million in incremental costs associated with the COVID-19 pandemic in the U.S Retail segment, International segment, and U.S Wholesale segment, respectively.
(6) | Fiscal quarter ended March 30, 2019 includes a benefit of $2.1 million related to sale of inventory previously reserved in China.
(7) | Fiscal quarters ended March 28, 2020 and March 30, 2019 include $1.6 million in charges related to organizational restructuring.
(8) Corporate expenses include expenses related to incentive compensation, stock-based compensation, executive management, severance and relocation, finance, office occupancy, information technology, certain legal fees, consulting fees, and audit fees.

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

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration