BUSINESS SEGMENTS (Tables)

9 Months Ended

May 02, 2020

Schedule of business segment information



(in thousands)	Wholesale			Other			Eliminations			Unallocated (Income)/Expenses		Consolidated
13-Week Period Ended May 2, 2020:
Net sales⁽¹⁾	$	6,670,044		$	56,361		$	(58,724	)	$	—	$	6,667,681
Restructuring, acquisition and integration related expenses	4,030			6,419			—			—		10,449
Operating income (loss)	119,809			(47,505		)	(599		)	—		71,705
Total other expense, net	—			—			—			33,377		33,377
Income (loss) from continuing operations before income taxes												38,328
Depreciation and amortization	66,754			2,888			—			—		69,642
Capital expenditures	33,216			402			—			—		33,618
Total assets of continuing operations	6,686,382			614,356			(50,076		)	—		7,250,662

13-Week Period Ended April 27, 2019:
Net sales⁽²⁾	$	5,944,521		$	61,910		$	(43,811	)	$	—	$	5,962,620
Goodwill and asset impairment (adjustment) charges	(38,250		)	—			—			—		(38,250		)
Restructuring, acquisition and integration related expenses	—			19,438			—			—		19,438
Operating income (loss)	103,142			(31,278		)	(2,183		)	—		69,681
Total other expense, net	—			—			—			44,934		44,934
Income (loss) from continuing operations before income taxes												24,747
Depreciation and amortization	63,375			8,412			—			—		71,787
Capital expenditures	56,655			161			—			—		56,816
Total assets of continuing operations	6,403,512			423,663			(40,618		)	—		6,786,557


(1)	For the third quarter of fiscal 2020, the Company recorded $273.2 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.


(2)	For the third quarter of fiscal 2019, the Company recorded $227.1 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.



(in thousands)	Wholesale			Other			Eliminations			Unallocated (Income)/Expenses		Consolidated
39-Week Period Ended May 2, 2020:
Net sales⁽¹⁾	$	18,821,520		$	158,377		$	(155,027	)	$	—	$	18,824,870
Goodwill and asset impairment (adjustment) charges	423,703			1,702			—			—		425,405
Restructuring, acquisition and integration related expenses	23,392			30,993			—			—		54,385
Operating income (loss)	(277,675		)	(99,632		)	(86		)	—		(377,393		)
Total other expense, net	—			—			—			116,289		116,289
Income (loss) from continuing operations before income taxes	—			—			—			—		(493,682		)
Depreciation and amortization	200,515			13,487			—			—		214,002
Capital expenditures	116,565			1,680			—			—		118,245

39-Week Period Ended April 27, 2019:
Net sales⁽²⁾	$	14,932,905		$	167,381		$	(120,304	)	$	—	14,979,982
Goodwill and asset impairment (adjustment) charges	332,621			—			—			—		332,621
Restructuring, acquisition and integration related expenses	4			134,563			—			—		134,567
Operating income (loss)	(189,299		)	(164,745		)	(3,248		)	—		(357,292		)
Total other expense, net	—			—			—			98,689		98,689
Income (loss) from continuing operations before income taxes	—			—			—			—		(455,981		)
Depreciation and amortization	156,693			13,087			—			—		169,780
Capital expenditures	136,065			888			—			—		136,953


(1)	For fiscal 2020 year-to-date, the Company recorded $756.9 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.

(2)

For fiscal 2019 year-to-date, the Company recorded $505.5 million within Net sales in its wholesale reportable segment attributable to discontinued operations inter-company product purchases from its Retail operating segment, which it expects will continue subsequent to the sale of certain retail banners.