REPORTABLE SEGMENT INFORMATION

3 Months Ended

Jul. 02, 2022

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 June
(In thousands)	2022		2021
Segment revenues:
Outdoor	$	768,624	$	617,754
Active	1,253,945		1,302,068
Work	238,878		274,735
Other	148		—
Total segment revenues	$	2,261,595	$	2,194,557
Segment profit (loss):
Outdoor	$	(46,851)	$	(71,747)
Active	214,031		270,862
Work	35,002		41,004
Other	(225)		(282)
Total segment profit	201,957		239,837
Corporate and other expenses	(233,309)		(27,912)
Interest expense, net	(31,262)		(32,775)
Income (loss) from continuing operations before income taxes	$	(62,614)	$	179,150