XML 24 R52.htm IDEA: XBRL DOCUMENT v2.4.0.8
SEGMENT INFORMATION (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Sep. 27, 2014
Sep. 28, 2013
Segment Reporting Information [Line Items]        
Net sales $ 798,936,000 $ 760,173,000 $ 2,024,645,000 $ 1,869,056,000
Operating income (loss) 110,457,000 91,076,000 219,335,000 190,757,000
Operating income (loss) as percentage of segment net sales 13.80% 12.00% 10.80% 10.20%
Charges for contingent consideration 400,000 500,000 900,000 2,300,000
Amortization of H.W. Carter and Sons tradenames 2,300,000 6,300,000 14,200,000 7,300,000
Other Tradenames [Member]
       
Segment Reporting Information [Line Items]        
Amortization of H.W. Carter and Sons tradenames 2,300,000 6,300,000 14,200,000 7,300,000
Japan Retail Operations [Member]
       
Segment Reporting Information [Line Items]        
Restructuring charge due to closure 0 0 1,500,000 0
Hogansville Distribution Facility [Member]
       
Segment Reporting Information [Line Items]        
Restructuring charge due to closure 200,000 [1] 400,000 [1] 900,000 [1] 1,000,000 [1]
Office Consolidation [Member]
       
Segment Reporting Information [Line Items]        
Restructuring charge due to closure 0 5,900,000 6,600,000 24,100,000
Operating Segments [Member]
       
Segment Reporting Information [Line Items]        
Net sales 798,936,000 760,173,000 2,024,645,000 1,869,056,000
Percentage of total net sales 100.00% 100.00% 99.99% 100.00%
Operating income (loss) 133,699,000 129,527,000 302,429,000 288,714,000
Operating income (loss) as percentage of segment net sales 16.70% 17.00% 14.90% 15.40%
Operating Segments [Member] | Carter's [Member]
       
Segment Reporting Information [Line Items]        
Net sales 591,227,000 569,635,000 1,526,933,000 1,422,345,000
Percentage of total net sales 74.00% 74.90% 75.40% 76.10%
Operating income (loss) 110,263,000 104,304,000 271,148,000 258,827,000
Operating income (loss) as percentage of segment net sales 18.60% 18.30% 17.80% 18.20%
Operating Segments [Member] | OshKosh [Member]
       
Segment Reporting Information [Line Items]        
Net sales 116,534,000 106,477,000 274,842,000 247,732,000
Percentage of total net sales 14.50% 14.00% 13.60% 13.40%
Operating income (loss) 7,540,000 10,094,000 4,242,000 2,409,000
Operating income (loss) as percentage of segment net sales 6.50% 9.50% 1.50% 1.00%
Operating Segments [Member] | Wholesale [Member] | Carter's [Member]
       
Segment Reporting Information [Line Items]        
Net sales 309,772,000 318,607,000 781,460,000 763,518,000
Percentage of total net sales 38.80% 41.90% 38.60% 40.90%
Operating income (loss) 55,762,000 56,703,000 133,489,000 138,186,000
Operating income (loss) as percentage of segment net sales 18.00% 17.80% 17.10% 18.10%
Operating Segments [Member] | Wholesale [Member] | OshKosh [Member]
       
Segment Reporting Information [Line Items]        
Net sales 25,107,000 24,583,000 52,342,000 54,070,000
Percentage of total net sales 3.10% 3.20% 2.60% 2.90%
Operating income (loss) 2,240,000 4,445,000 5,125,000 7,929,000
Operating income (loss) as percentage of segment net sales 8.90% 18.10% 9.80% 14.70%
Operating Segments [Member] | Retail [Member] | Carter's [Member]
       
Segment Reporting Information [Line Items]        
Net sales 281,455,000 [2] 251,028,000 [2] 745,473,000 [2] 658,827,000 [2]
Percentage of total net sales 35.20% [2] 33.00% [2] 36.80% [2] 35.20% [2]
Operating income (loss) 54,501,000 [2] 47,601,000 [2] 137,659,000 [2] 120,641,000 [2]
Operating income (loss) as percentage of segment net sales 19.40% [2] 19.00% [2] 18.50% [2] 18.30% [2]
Operating Segments [Member] | Retail [Member] | OshKosh [Member]
       
Segment Reporting Information [Line Items]        
Net sales 91,427,000 [2] 81,894,000 [2] 222,500,000 [2] 193,662,000 [2]
Percentage of total net sales 11.40% [2] 10.80% [2] 11.00% [2] 10.40% [2]
Operating income (loss) 5,300,000 [2] 5,649,000 [2] (883,000) [2] (5,520,000) [2]
Operating income (loss) as percentage of segment net sales 5.80% [2] 6.90% [2] (0.40%) [2] (2.90%) [2]
Operating Segments [Member] | International [Member]
       
Segment Reporting Information [Line Items]        
Net sales 91,175,000 [3] 84,061,000 [3] 222,870,000 [3] 198,979,000 [3]
Percentage of total net sales 11.50% [3] 11.10% [3] 11.00% [3] 10.50% [3]
Operating income (loss) 15,896,000 [3],[4] 15,129,000 [3],[4] 27,039,000 [3],[4] 27,478,000 [3],[4]
Operating income (loss) as percentage of segment net sales 17.40% [3],[4] 18.00% [3],[4] 12.10% [3],[4] 13.80% [3],[4]
Operating Segments [Member] | International [Member] | Japan Retail Operations [Member]
       
Segment Reporting Information [Line Items]        
Restructuring charge due to closure       500,000
Corporate [Member]
       
Segment Reporting Information [Line Items]        
Corporate expenses $ (23,242,000) $ (38,451,000) $ (83,094,000) [5],[6] $ (97,957,000) [5],[6]
Corporate expense as percentage of segment net sales (2.90%) [5],[6] (5.10%) [5],[6] (4.10%) [5],[6] (5.20%) [5],[6]
[1] Continuing operating costs associated with the closure of the Company's distribution facility in Hogansville, Georgia.
[2] Includes eCommerce results.
[3] Net sales include international retail, eCommerce, and wholesale sales. Operating income includes international licensing income.
[4] Includes the following net charges:Fiscal quarter endedThree fiscal quarters ended(dollars in millions)September 27, 2014 September 28, 2013September 27, 2014 September 28, 2013Revaluation of contingent consideration$0.4 $0.5$0.9 $2.3Exit from Japan retail operations$— $—$0.5 $—
[5] Includes the following charges: Fiscal quarter ended Three fiscal quarters ended(dollars in millions)September 27, 2014 September 28, 2013 September 27, 2014 September 28, 2013Closure of distribution facility in Hogansville, GA (1)$0.2 $0.4 $0.9 $1.0Office consolidation costs $— $5.9 $6.6 $24.1Amortization of H.W. Carter and Sons tradenames$2.3 $6.3 $14.2 $7.3(1) Continuing operating costs associated with the closure of the Company's distribution facility in Hogansville, Georgia.
[6] Corporate expenses include expenses related to incentive compensation, stock-based compensation, executive management, severance and relocation, finance, building occupancy, information technology, certain legal fees, consulting, and audit fees.