REPORTABLE SEGMENT INFORMATION

6 Months Ended

Oct. 02, 2021

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, but it is not considered a reportable segment. Other includes results primarily related to the sale of non-VF products and sourcing activities related to transition services.

Financial information for VF's reportable segments is as follows:

	Three Months Ended September				Six Months Ended September
(In thousands)	2021		2020		2021		2020
Segment revenues:
Outdoor	$	1,506,621	$	1,154,407	$	2,124,375	$	1,495,635
Active	1,392,173		1,200,202		2,694,241		1,771,518
Work	299,163		253,551		573,898		415,981
Other	278		164		278		1,483
Total segment revenues	$	3,198,235	$	2,608,324	$	5,392,792	$	3,684,617
Segment profit (loss):
Outdoor	$	284,076	$	132,475	$	212,329	$	(28,236)
Active	284,349		259,123		555,211		266,259
Work	61,973		8,173		102,977		(3,228)
Other	(370)		(2,526)		(652)		(4,887)
Total segment profit	630,028		397,245		869,865		229,908
Corporate and other expenses	(63,993)		(72,653)		(91,905)		(190,312)
Interest expense, net	(34,370)		(30,931)		(67,145)		(58,880)
Income (loss) from continuing operations before income taxes	$	531,665	$	293,661	$	710,815	$	(19,284)