XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.22.0.1

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Jan. 01, 2022
Segment Reporting [Abstract] |
Schedule of segment information | The table below presents certain segment information for our reportable segments and unallocated corporate expenses for the periods indicated:
| For the fiscal year ended
(dollars in thousands) | January 1, 2022 (52 weeks) |  | % of Consolidated Net Sales |  | January 2, 2021 (53 weeks) |  | % of Consolidated Net Sales |  | December 28, 2019 (52 weeks) |  | % of Consolidated Net Sales
Net sales: |  |  |  |  |  |  |  |  |  |  |
U.S. Retail | $ | 1,899,262 |  |  | 54.5 | % |  | $ | 1,671,644 |  |  | 55.3 | % |  | $ | 1,884,150 |  |  | 53.5 | %
U.S. Wholesale | 1,126,415 |  |  | 32.3 | % |  | 996,088 |  |  | 32.9 | % |  | 1,205,646 |  |  | 34.3 | %
International | 460,763 |  |  | 13.2 | % |  | 356,602 |  |  | 11.8 | % |  | 429,490 |  |  | 12.2 | %
Total consolidated net sales | $ | 3,486,440 |  |  | 100.0 | % |  | $ | 3,024,334 |  |  | 100.0 | % |  | $ | 3,519,286 |  |  | 100.0 | %
Operating income (loss): |  |  | % of Segment Net Sales |  |  |  | % of Segment Net Sales |  |  |  | % of Segment Net Sales
U.S. Retail | $ | 368,221 |  |  | 19.4 | % |  | $ | 146,806 |  |  | 8.8 | % |  | $ | 225,874 |  |  | 12.0 | %
U.S. Wholesale | 195,369 |  |  | 17.3 | % |  | 141,456 |  |  | 14.2 | % |  | 212,558 |  |  | 17.6 | %
International | 63,806 |  |  | 13.8 | % |  | (1,224) |  |  | (0.3) | % |  | 36,650 |  |  | 8.5 | %
Corporate expenses(*) | (130,317) |  |  | n/a |  | (97,169) |  |  | n/a |  | (103,210) |  |  | n/a
Total operating income | $ | 497,079 |  |  | 14.3 | % |  | $ | 189,869 |  |  | 6.3 | % |  | $ | 371,872 |  |  | 10.6 | %
(*)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. The tables below present additional segment information for our reportable segments for the periods presented:
(dollars in millions) | January 1, 2022
Charges: | U.S. Retail |  | U.S. Wholesale |  | International
Organizational restructuring(1) | $ | (0.6) |  |  | $ | 0.1 |  |  | $ | 2.3 |
Incremental costs associated with COVID-19 pandemic | 2.0 |  |  | 1.7 |  |  | 0.2 |
Gain on modification of retail store leases(2) | (2.6) |  |  | — |  |  | — |
Total charges(3) | $ | (1.2) |  |  | $ | 1.8 |  |  | $ | 2.5 |
(1)The fiscal year ended January 1, 2022 also includes corporate charges related to organizational restructuring of $0.7 million. (2)Related to gains on the modification of previously impaired retail store leases. (3)Total charges for the fiscal year ended January 1, 2022 exclude a customer bankruptcy recovery of $38,000.
(dollars in millions) |  | January 2, 2021 |  | December 28, 2019
Charges: |  | U.S. Retail |  | U.S. Wholesale |  | International |  | U.S. Retail |  | U.S. Wholesale |  | International
Organizational restructuring (1) |  | $ | 5.0 |  |  | $ | 2.0 |  |  | $ | 2.2 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Goodwill impairment |  | — |  |  | — |  |  | 17.7 |  |  | — |  |  | — |  |  | — |
Skip Hop tradename impairment charge |  | 0.5 |  |  | 6.8 |  |  | 3.7 |  |  | 1.2 |  |  | 19.1 |  |  | 10.5 |
OshKosh tradename impairment charge |  | 13.6 |  |  | 1.6 |  |  | 0.3 |  |  | — |  |  | — |  |  | — |
Incremental costs associated with COVID-19 pandemic |  | 9.6 |  |  | 9.6 |  |  | 2.2 |  |  | — |  |  | — |  |  | — |
Retail store operating leases and other long-lived asset impairments, net of gain(2) |  | 7.4 |  |  | — |  |  | 0.3 |  |  | — |  |  | — |  |  | — |
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) |  |  | — |  |  | — |
Customer bankruptcy recovery |  | — |  |  | — |  |  | — |  |  | — |  |  | (0.6) |  |  | — |
Total charges |  | $ | 36.1 |  |  | $ | 20.0 |  |  | $ | 26.4 |  |  | $ | 0.5 |  |  | $ | 18.5 |  |  | $ | 8.4 |
(1)The fiscal year ended January 2, 2021 and the fiscal year ended December 28, 2019 also includes corporate charges related to organizational restructuring of $7.4 million and $1.6 million, respectively. (2)Impairments include an immaterial gain on the remeasurement of retail store operating leases.
Inventory, net, by segment | The table below represents inventory by segment:
| For the fiscal year ended
(dollars in thousands) | January 1, 2022 |  | January 2, 2021
U.S. Wholesale(*) | $ | 513,702 |  |  | $ | 464,229 |
U.S. Retail | 50,563 |  |  | 47,889 |
International | 83,477 |  |  | 87,144 |
Total | $ | 647,742 |  |  | $ | 599,262 |
(*)U.S. Wholesale inventories also include inventory produced and warehoused for the U.S. Retail segment.
Consolidated Net Sales by Product | The table below represents consolidated net sales by product:
| For the fiscal year ended
(dollars in thousands) | January 1, 2022 (52 weeks) |  | January 2, 2021 (53 weeks) |  | December 28, 2019 (52 weeks)
Playclothes | $ | 1,261,622 |  |  | $ | 1,052,178 |  |  | $ | 1,362,847 |
Baby | 1,124,961 |  |  | 1,026,910 |  |  | 1,228,905 |
Sleepwear | 500,596 |  |  | 441,358 |  |  | 428,541 |
Other(*) | 599,261 |  |  | 503,888 |  |  | 498,993 |
Total net sales | $ | 3,486,440 |  |  | $ | 3,024,334 |  |  | $ | 3,519,286 |
(*)Other product offerings include bedding, outerwear, swimwear, shoes, socks, diaper bags, gift sets, toys, and hair accessories.
Property, plant, and equipment, net, by geographic area | The following represents Property, plant, and equipment, net, and Operating lease assets by geographic area:
| For the fiscal year ended
(dollars in thousands) | January 1, 2022 |  | January 2, 2021
United States | $ | 613,111 |  |  | $ | 753,232 |
International | 90,641 |  |  | 102,121 |
Total(*) | $ | 703,752 |  |  | $ | 855,353 |
(*)Fiscal year ended January 2, 2021 was revised to reflect the inclusion of operating lease assets.

X
- Definition Tabular disclosure of carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances, which is attributed to the reportable segment. + References No definition available. + Details
Name: | cri_InventoryNetBySegmentTableTextBlock
Namespace Prefix: | cri_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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