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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 28, 2024
Segment Reporting [Abstract]  
Schedule of Segment Information
The table below presents certain information for the Company’s reportable segments and unallocated corporate expenses for the periods indicated:
Fiscal quarter endedThree fiscal quarters ended
(dollars in thousands)September 28, 2024% of
consolidated
net sales
September 30, 2023% of
consolidated
net sales
September 28, 2024% of
consolidated
net sales
September 30, 2023% of
consolidated
net sales
Net sales:
U.S. Retail$352,987 46.5 %$374,796 47.3 %$950,877 47.9 %$1,021,983 49.0 %
U.S. Wholesale298,980 39.5 %300,338 38.0 %756,022 38.1 %767,194 36.7 %
International    106,497 14.0 %116,517 14.7 %277,491 14.0 %298,553 14.3 %
Consolidated net sales$758,464 100.0 %$791,651 100.0 %$1,984,390 100.0 %$2,087,730 100.0 %
Operating income:
% of
segment
net sales
% of
segment
net sales
% of
segment
net sales
% of
segment
net sales
U.S. Retail$27,309 7.7 %$47,983 12.8 %$59,681 6.3 %$103,132 10.1 %
U.S. Wholesale63,127 21.1 %65,702 21.9 %162,662 21.5 %147,003 19.2 %
International10,237 9.6 %13,379 11.5 %17,981 6.5 %23,193 7.8 %
Corporate expenses(*)
(23,633)n/a(33,634)n/a(68,796)n/a(85,983)n/a
Consolidated operating income$77,040 10.2 %$93,430 11.8 %$171,528 8.6 %$187,345 9.0 %
(*)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 30, 2023Three fiscal quarters ended September 30, 2023
Charges:U.S. RetailU.S. WholesaleInternationalU.S. RetailU.S. WholesaleInternational
Organizational restructuring(*)
$0.6 $0.4 $0.3 $— $0.1 $0.3 
(*)Relates to charges for organizational restructuring and related corporate office lease amendment actions. Additionally, the third fiscal quarter and first three fiscal quarters ended September 30, 2023 include a corporate charge of $1.5 million and $4.1 million, respectively, related to organizational restructuring and related corporate office lease amendment actions.