BUSINESS SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 26, 2020

Segment Reporting [Abstract]

Financial Information for Reportable Segments

The following table presents financial information for the Company's reportable segments and income before income taxes:

	Three Months Ended September				Nine Months Ended September
(In thousands)	2020		2019			2020		2019
Segment revenues:
Wrangler	$	346,629	$	367,206		$	901,670	$	1,101,133
Lee	214,440		232,221			483,162		680,660
Total reportable segment revenues	561,069		599,427			1,384,832		1,781,793
Other revenues	22,153		38,711			52,142		114,435
Total net revenues	$	583,222	$	638,138		$	1,436,974	$	1,896,228
Segment profit:
Wrangler	$	76,908	$	61,070		$	139,709	$	141,715
Lee	40,968		30,156			23,524		61,536
Total reportable segment profit	$	117,876	$	91,226		$	163,233	$	203,251
Non-cash impairment of intangible asset (1)	—		(32,636)			—		(32,636)
Corporate and other expenses	(31,347)		(29,861)			(90,917)		(64,232)
Interest income from former parent, net	—		—			—		3,762
Interest expense	(13,249)		(14,140)			(37,308)		(21,876)
Interest income	283		712			1,255		3,543
(Loss) profit related to other revenues	(4,416)		843			(13,121)		(437)
Income before income taxes	$	69,147	$	16,144		$	23,142	$	91,375

(1) Represents an impairment charge recorded during the third quarter of 2019 related to the Rock & Republic® trademark. See Note 7 to the Company's financial statements.