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SEGMENT INFORMATION
 9 Months Ended
Sep. 26, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The tables below present certain information for our reportable segments and unallocated corporate expenses for the periods indicated:
 
Fiscal quarter ended
 
Three fiscal quarters ended
(dollars in thousands)
September 26,
2020
 
% of
Total Net Sales
 
September 28,
2019
 
% of
Total Net Sales
 
September 26,
2020
 
% of
Total Net Sales
 
September 28,
2019
 
% of
Total Net Sales
Net sales:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Retail
$
449,150

 
51.9
%
 
$
464,100

 
49.2
%
 
$
1,085,883

 
53.4
 %
 
$
1,264,283

 
52.3
%
U.S. Wholesale
302,135

 
34.9
%
 
352,256

 
37.3
%
 
706,009

 
34.7
 %
 
856,713

 
35.4
%
International    
113,795

 
13.2
%
 
126,966

 
13.5
%
 
242,545

 
11.9
 %
 
297,768

 
12.3
%
Total net sales
$
865,080

 
100.0
%
 
$
943,322

 
100.0
%
 
$
2,034,437

 
100.0
 %
 
$
2,418,764

 
100.0
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
% of
Segment
Net Sales
 
 
 
% of
Segment
Net Sales
 
 
 
% of
Segment
Net Sales
 
 
 
% of
Segment
Net Sales
U.S. Retail
$
47,559

 
10.6
%
 
$
49,472

 
10.7
%
 
$
38,902

 
3.6
 %
 
$
124,567

 
9.9
%
U.S. Wholesale
65,718

 
21.8
%
 
54,391

 
15.4
%
 
89,141

 
12.6
 %
 
145,181

 
16.9
%
International
17,400

 
15.3
%
 
6,136

 
4.8
%
 
(15,819
)
 
(6.5
)%
 
15,351

 
5.2
%
Corporate expenses(*)
(17,150
)
 
n/a

 
(26,129
)
 
n/a

 
(56,221
)
 
n/a

 
(75,994
)
 
n/a

Total operating income
$
113,527

 
13.1
%
 
$
83,870

 
8.9
%
 
$
56,003

 
2.8
 %
 
$
209,105

 
8.6
%

(*)
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.
(dollars in millions)
Fiscal quarter ended September 26, 2020
 
Three fiscal quarters ended September 26, 2020
Charges:
U.S. Retail
 
U.S. Wholesale
 
International
 
U.S. Retail
 
U.S. Wholesale
 
International
Organizational restructuring(1)
$
0.3

 
$
0.2

 
$
0.3

 
$
3.4

 
$
1.5

 
$
1.9

Goodwill impairment
—

 
—

 
—

 
—

 
—

 
17.7

Skip Hop tradename impairment charge
—

 
—

 
—

 
0.5

 
6.8

 
3.7

OshKosh tradename impairment charge
—

 
—

 
—

 
13.6

 
1.6

 
0.3

Incremental costs associated with COVID-19 pandemic
1.6

 
1.4

 
0.3

 
8.3

 
8.5

 
2.0

Retail store operating leases and other long-lived asset impairments, net of gain(2)
1.5

 
—

 
—

 
6.3

 
—

 
0.2

       Total charges
$
3.4

 
$
1.6

 
$
0.6

 
$
32.1

 
$
18.4

 
$
25.8

(1)
The third fiscal quarter ended September 26, 2020, the three fiscal quarters ended September 26, 2020, and the three fiscal quarters ended September 28, 2019 also include corporate charges related to organizational restructuring of $0.4 million, $2.0 million, and $1.6 million, respectively.
(2)
Impairments include an immaterial gain on the remeasurement of retail store operating leases.
(dollars in millions)
Fiscal quarter ended September 28, 2019
 
Three fiscal quarters ended September 28, 2019
Charges:
U.S. Retail
 
U.S. Wholesale
 
International
 
U.S. Retail
 
U.S. Wholesale
 
International
Benefit related to sale of inventory previously reserved in China
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
(2.1
)
Reversal of store restructuring costs previously recorded during the third quarter of fiscal 2017
—

 
—

 
—

 
(0.7
)
 
—

 
—

Skip Hop tradename impairment charge
1.2

 
19.1

 
10.5

 
1.2

 
19.1

 
10.5

      Total charges
$
1.2

 
$
19.1

 
$
10.5

 
$
0.5

 
$
19.1

 
$
8.4