Segment Information

6 Months Ended

Jul. 15, 2023

Note 14 – Segment Information

The following tables set forth information about the Company by reportable segment:


(In thousands)	Wholesale			Retail			Total
12 Weeks Ended July 15, 2023
Net sales to external customers	$	1,633,364		$	679,030		$	2,312,394
Inter-segment sales		278,886			328			279,214
Acquisition and integration		55			—			55
Restructuring and asset impairment, net		1			(2,255	)		(2,254	)
Depreciation and amortization		11,644			10,814			22,458
Operating earnings		21,542			14,244			35,786
Capital expenditures		13,828			8,132			21,960

12 Weeks Ended July 16, 2022
Net sales to external customers	$	1,601,485		$	672,405		$	2,273,890
Inter-segment sales		279,232			240			279,472
Acquisition and integration		—			436			436
Restructuring and asset impairment, net		(139	)		2,750			2,611
Depreciation and amortization		11,228			10,740			21,968
Operating earnings (loss)		12,697			(368	)		12,329
Capital expenditures		7,960			8,533			16,493

28 Weeks Ended July 15, 2023
Net sales to external customers	$	3,719,048		$	1,500,740		$	5,219,788
Inter-segment sales		628,180			652			628,832
Acquisition and integration		124			5			129
Restructuring and asset impairment, net		981			848			1,829
Depreciation and amortization		27,014			25,189			52,203
Operating earnings		47,867			12,232			60,099
Capital expenditures		38,225			22,599			60,824

28 Weeks Ended July 16, 2022
Net sales to external customers	$	3,583,864		$	1,453,684		$	5,037,548
Inter-segment sales		623,252			401			623,653
Acquisitions and integration		—			675			675
Restructuring and asset impairment, net		(128	)		2,752			2,624
Depreciation and amortization		25,512			24,929			50,441
Operating earnings (loss)		40,819			(341	)		40,478
Capital expenditures		25,225			21,206			46,431


(In thousands)	July 15, 2023		December 31, 2022
Total Assets
Wholesale	$	1,567,385	$	1,525,760
Retail		759,526		780,801
Total	$	2,326,911	$	2,306,561

- 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://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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-Topic 280
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+ Details