XML 82 R49.htm IDEA: XBRL DOCUMENT
v3.25.0.1

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 28, 2024
Segment Reporting [Abstract] |
Schedule of Segment Information | The tables below present certain segment information for our reportable segments for the periods indicated:
| Fiscal year ended December 28, 2024
(dollars in thousands) | U.S. Retail |  | U.S. Wholesale |  | International |  | Total
Net sales | $ | 1,417,108 |  |  | $ | 1,021,396 |  |  | $ | 405,598 |  |  | $ | 2,844,102 |
Cost of goods sold(1) | 567,435 |  |  | 705,550 |  |  | 205,951 |  |  | 1,478,936 |
Selling expenses(2) | 489,481 |  |  | 9,591 |  |  | 103,566 |  |  | 602,638 |
Distribution expenses(3) | 89,368 |  |  | 62,875 |  |  | 24,607 |  |  | 176,850 |
Other segment items(4) | 137,898 |  |  | 26,400 |  |  | 32,504 |  |  | 196,802 |
Segment operating income | $ | 132,926 |  |  | $ | 216,980 |  |  | $ | 38,970 |  |  | $ | 388,876 |
(1)Refer to Note 2, Summary of Significant Accounting Policies for additional information on the components of Cost of goods sold. (2)Selling expenses include the costs of operating our retail stores and eCommerce channels, as well as wholesale sales management costs. (3)Distribution expenses include payments to third-party shippers and handling costs to process product through our distribution facilities, including eCommerce fulfillment costs, and delivery to our wholesale customers and to our retail stores. (4)Other segment items include royalty income and overhead costs that are attributable to our reportable segments and include allocated accounting, finance, human resources, and information technology expenses, occupancy costs, and other benefit and compensation programs, including performance-based compensation.
| Fiscal year ended December 30, 2023
(dollars in thousands) | U.S. Retail |  | U.S. Wholesale |  | International |  | Total
Net sales | $ | 1,501,780 |  |  | $ | 1,014,584 |  |  | $ | 429,230 |  |  | $ | 2,945,594 |
Cost of goods sold | 602,152 |  |  | 717,936 |  |  | 229,571 |  |  | 1,549,659 |
Selling expenses | 506,709 |  |  | 8,363 |  |  | 95,155 |  |  | 610,227 |
Distribution expenses | 95,354 |  |  | 63,188 |  |  | 24,903 |  |  | 183,445 |
Other segment items | 106,923 |  |  | 26,152 |  |  | 34,470 |  |  | 167,545 |
Segment operating income | $ | 190,642 |  |  | $ | 198,945 |  |  | $ | 45,131 |  |  | $ | 434,718 |
| Fiscal year ended December 31, 2022
(dollars in thousands) | U.S. Retail |  | U.S. Wholesale |  | International |  | Total
Net sales | $ | 1,680,159 |  |  | $ | 1,080,471 |  |  | $ | 452,103 |  |  | $ | 3,212,733 |
Cost of goods sold | 689,543 |  |  | 800,974 |  |  | 249,858 |  |  | 1,740,375 |
Selling expenses | 521,516 |  |  | 9,402 |  |  | 89,452 |  |  | 620,370 |
Distribution expenses | 113,455 |  |  | 78,079 |  |  | 24,653 |  |  | 216,187 |
Other segment items | 102,788 |  |  | 24,777 |  |  | 28,462 |  |  | 156,027 |
Segment operating income | $ | 252,857 |  |  | $ | 167,239 |  |  | $ | 59,678 |  |  | $ | 479,774 |
The table below presents a reconciliation of reportable segment operating income to Income before income taxes:
| Fiscal year ended
| December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
Total segment operating income | $ | 388,876 |  |  | $ | 434,718 |  |  | $ | 479,774 |
Items not included in segment operating income: |  |  |  |  |
Unallocated corporate expenses(1) | (102,326) |  |  | (106,901) |  |  | (91,603) |
Organizational restructuring(2) | (1,822) |  |  | (4,412) |  |  | — |
OshKosh tradename impairment charge | (30,000) |  |  | — |  |  | — |
Skip Hop tradename impairment charge | — |  |  | — |  |  | (9,000) |
Consolidated operating income | $ | 254,728 |  |  | $ | 323,405 |  |  | $ | 379,171 |
Interest expense | 31,331 |  |  | 33,973 |  |  | 42,781 |
Interest income | (11,039) |  |  | (4,776) |  |  | (1,261) |
Other expense (income), net | 3,627 |  |  | (8,034) |  |  | 975 |
Loss on extinguishment of debt | — |  |  | — |  |  | 19,940 |
Income before income taxes | $ | 230,809 |  |  | $ | 302,242 |  |  | $ | 316,736 |
(1)Unallocated corporate expenses include corporate overhead expenses that are not directly attributable to one of our reportable segments and include unallocated accounting, finance, legal, human resources, and information technology expenses, occupancy costs for our corporate headquarters, and other benefit and compensation programs, including performance-based compensation. (2)Related to charges for corporate organizational restructuring in the fiscal year ended December 28, 2024 and organizational restructuring and related corporate office lease amendment actions in the fiscal year ended December 30, 2023.
Schedule of Additional Reportable Segment Information | The tables below present additional information for our reportable segments for the periods presented: Depreciation and amortization expense
| Fiscal year ended
| December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
U.S. Wholesale | $ | 8,749 |  |  | $ | 10,958 |  |  | $ | 13,415 |
U.S. Retail | 35,562 |  |  | 38,710 |  |  | 39,975 |
International | 11,413 |  |  | 11,758 |  |  | 11,695 |
Unallocated corporate | 2,202 |  |  | 2,713 |  |  | 191 |
Total | 57,926 |  |  | 64,139 |  |  | 65,276 |
Inventory
| December 28, 2024 |  | December 30, 2023
Inventory: |  |  |
U.S. Wholesale(*) | $ | 374,610 |  |  | $ | 381,146 |
U.S. Retail | 59,868 |  |  | 73,366 |
International | 67,854 |  |  | 82,613 |
Total inventory | $ | 502,332 |  |  | $ | 537,125 |
All other assets | 1,930,835 |  |  | 1,841,488 |
Total assets | $ | 2,433,167 |  |  | $ | 2,378,613 |
(*)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:
| Fiscal year ended
(dollars in thousands) | December 28, 2024 |  | December 30, 2023 |  | December 31, 2022
Baby | $ | 1,139,129 |  |  | $ | 1,098,304 |  |  | $ | 1,103,023 |
Playclothes | 948,602 |  |  | 992,726 |  |  | 1,125,352 |
Sleepwear | 373,373 |  |  | 411,678 |  |  | 492,152 |
Other(*) | 382,998 |  |  | 442,886 |  |  | 492,206 |
Total net sales | $ | 2,844,102 |  |  | $ | 2,945,594 |  |  | $ | 3,212,733 |
(*)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:
(dollars in thousands) | December 28, 2024 |  | December 30, 2023
United States | $ | 614,751 |  |  | $ | 582,049 |
International | 143,338 |  |  | 129,469 |
Total | $ | 758,089 |  |  | $ | 711,518 |

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_AdditionalInformationOnReportableSegmentsTableTextBlock
Namespace Prefix: | cri_
Data Type: | dtr-types1: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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + 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 -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + 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 -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + 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