SEGMENT INFORMATION

12 Months Ended

Jan. 03, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company reports segment information based upon a “management approach.” The management approach refers to the internal reporting that is used by management for making operating decisions and assessing the performance of the Company's reportable segments. The Company reports its corporate expenses separately as they are not included in the internal measures of segment operating performance used by the Company to measure the underlying performance of its reportable segments.

Segment results include the direct costs of each segment and all other costs are allocated based upon detailed estimates and analysis of actual time and expenses incurred to support the operations of each segment or units produced or sourced to support each segment's revenue. Certain costs, including incentive compensation for certain employees, and various other general corporate costs that are not specifically allocable to segments, are included in corporate expenses below. Intersegment sales and transfers are recorded at cost and are treated as a transfer of inventory. The accounting policies of the segments are the same as those described in Note 2 to the consolidated financial statements. The Company's reportable segments are Carter's wholesale, Carter’s retail, OshKosh retail, OshKosh wholesale, and International.

The table below presents certain segment information for the periods indicated:

	For the fiscal years ended
(dollars in thousands)	January 3, 2015			% of Total		December 28, 2013			% of Total		December 29, 2012			% of Total
Net sales:
Carter’s Retail (a)	$	1,087,165		37.6	%	$	954,160		36.2	%	$	818,909		34.4	%
Carter’s Wholesale	1,081,888			37.4	%	1,035,420			39.2	%	981,445			41.2	%
Total Carter’s	2,169,053			75.0	%	1,989,580			75.4	%	1,800,354			75.6	%
OshKosh Retail (a)	335,140			11.6	%	289,311			11.0	%	283,343			11.9	%
OshKosh Wholesale	73,201			2.5	%	74,564			2.8	%	79,752			3.3	%
Total OshKosh	408,341			14.1	%	363,875			13.8	%	363,095			15.2	%
International (b)	316,474			10.9	%	285,256			10.8	%	218,285			9.2	%
Total net sales	$	2,893,868		100.0	%	$	2,638,711		100.0	%	$	2,381,734		100.0	%
Operating income (loss):				% of segment net sales					% of segment net sales					% of segment net sales
Carter’s Retail (a)	$	211,297		19.4	%	$	181,169		19.0	%	$	145,940		17.8	%
Carter’s Wholesale	185,463			17.1	%	185,501			17.9	%	172,673			17.6	%
Total Carter’s	396,760			18.3	%	366,670			18.4	%	318,613			17.7	%
OshKosh Retail (a)	8,210			2.4	%	(1,433		)	(0.5	)%	(7,752		)	(2.7	)%
OshKosh Wholesale	8,842			12.1	%	9,796			13.1	%	4,086			5.1	%
Total OshKosh	17,052			4.2	%	8,363			2.3	%	(3,666		)	(1.0	)%
International (b) (c)	39,470			12.5	%	40,641			14.2	%	43,376			19.9	%
Corporate expenses (d) (e)	(119,937		)			(151,523		)			(96,337		)
Total operating income	$	333,345		11.5	%	$	264,151		10.0	%	$	261,986		11.0	%

(a) Includes eCommerce results.

(b) Net sales include international retail, eCommerce, and wholesale sales. Operating income includes international licensing income.

(c) Includes the following charges:

	For the fiscal years ended
(dollars in millions)	January 3, 2015		December 28, 2013		December 29, 2012
Revaluation of contingent consideration	$	1.3	$	2.8	$	3.6
Exit from Japan retail operations	$	0.5	$	4.1	$	—

(d) 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.

(e) Includes the following charges:

	For the fiscal years ended
(dollars in millions)	January 3, 2015		December 28, 2013		December 29, 2012
Office consolidation costs	$	6.6	$	33.3	$	6.4
Amortization of H.W. Carter and Sons tradenames	$	16.4	$	13.6	$	—
Closure of distribution facility in Hogansville, GA (1)	$	0.9	$	1.9	$	3.1

(1) Continuing operating costs associated with the closure of the Company's distribution facility in Hogansville, Georgia.

ADDITIONAL DATA BY SEGMENT

Inventory

The table below represents inventory by segment:

	For the fiscal years ended
(dollars in thousands)	January 3, 2015		December 28, 2013
Carter's Wholesale	$	240,669	$	232,419
Carter's Retail	84,004		79,451
OshKosh Retail	31,829		28,690
OshKosh Wholesale	39,879		30,977
International	48,463		46,217
Total	$	444,844	$	417,754

Wholesale inventories include inventory produced and warehoused for the retail segment.

The table below represents consolidated net sales by product:

	For the fiscal years ended
(dollars in thousands)	January 3, 2015 (53 weeks)	December 28, 2013 (52 weeks)	December 29, 2012 (52 weeks)
Baby	1,107,973	975,374	865,446
Playclothes	1,146,797	1,074,581	989,371
Sleepwear	381,574	366,289	340,715
Other (a)	257,524	222,467	186,202
Total net sales	2,893,868	2,638,711	2,381,734

(a) Other product offerings include bedding, outwear, swimwear, shoes, socks, diaper bags, gift sets, toys, and hair accessories.

GEOGRAPHICAL DATA

Revenue

The Company's international sales principally represent sales to customers in Canada. Such sales were 67.9% and 65.4% of total international sales in fiscal 2014 and 2013, respectively.

Long-Lived Assets

The following represents property, plant, and equipment, net, by geographic area:

	For the fiscal years ended
(dollars in thousands)	January 3, 2015		December 28, 2013
United States	$	305,093	$	282,517
International	28,004		25,368
Total	$	333,097	$	307,885

Long-lived assets in the international segment relate principally to Canada. Long-lived assets in Canada were 98.1% and 91.8% of total international long-lived assets at the end of fiscal 2014 and 2013, respectively.