REPORTABLE SEGMENT INFORMATION

6 Months Ended

Sep. 26, 2020

Segment Reporting [Abstract]

REPORTABLE SEGMENT INFORMATION

REPORTABLE SEGMENT INFORMATION

The chief operating decision maker allocates resources and assesses performance based on a global brand view which represents VF's operating segments. The operating segments have been evaluated and combined into reportable segments because they meet the similar economic characteristics and qualitative aggregation criteria set forth in the relevant accounting guidance.

The Company's reportable segments have been identified as: Outdoor, Active and Work. We have included an Other category in the table below for purposes of reconciliation of revenues and profit (loss), but it is not considered a reportable segment. Other includes results primarily related to the sale of non-VF products. Financial information for VF's reportable segments was as follows:

	Three Months Ended September				Six Months Ended September
(In thousands)	2020		2019		2020		2019
Segment revenues:
Outdoor	$	1,154,407	$	1,525,937	$	1,495,635	$	2,136,557
Active	1,200,202		1,413,634		1,771,518		2,645,760
Work	253,551		222,117		415,981		423,763
Other	164		18,070		1,483		24,332
Total segment revenues	$	2,608,324	$	3,179,758	$	3,684,617	$	5,230,412
Segment profit (loss):
Outdoor	$	132,475	$	256,382	$	(28,236)	$	176,112
Active	259,123		388,200		266,259		695,766
Work	8,173		14,547		(3,228)		30,018
Other	(2,526)		2,381		(4,887)		765
Total segment profit	397,245		661,510		229,908		902,661
Corporate and other expenses (a)	(72,653)		(114,719)		(190,312)		(254,351)
Interest expense, net	(30,931)		(16,386)		(58,880)		(31,969)
Income (loss) from continuing operations before income taxes	$	293,661	$	530,405	$	(19,284)	$	616,341

(a)Certain corporate overhead and other costs of $6.2 million and $12.3 million for the three and six-month period ended September 2019, respectively, previously allocated to the Work segment have been reallocated to continuing operations.