BUSINESS SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 30, 2023

Financial Information for Reportable Segments

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


	Year Ended December

(In thousands)	2023		2022		2021
Segment revenues:
Wrangler	$	1,754,130	$	1,745,805	$	1,575,231
Lee	842,520		874,366		887,052
Total reportable segment revenues	2,596,650		2,620,171		2,462,283
Other revenues	10,822		11,273		13,633
Total net revenues	$	2,607,472	$	2,631,444	$	2,475,916
Segment profit:
Wrangler	$	307,521	$	321,173	$	294,153
Lee	98,148		121,056		128,305
Total reportable segment profit	$	405,669	$	442,229	$	422,458

Corporate and other expenses	(96,075)		(88,932)		(140,960)

Interest expense	(40,408)		(34,919)		(38,900)
Interest income	3,791		1,352		1,480
(Loss) profit related to other revenues	(1,078)		(594)		522
Income before income taxes	$	271,899	$	319,136	$	244,600

Reconciliation Assets

The following table presents assets for the Company's reportable segments and a reconciliation to total asset balances:


(In thousands)	December 2023		December 2022
Segment assets:
Wrangler	$	335,629	$	402,826
Lee	160,139		187,929
Total reportable segment assets	495,768		590,755
Other inventories	4,585		6,081
Total inventories	$	500,353	$	596,836








All other assets	1,145,086		985,425
Total assets	$	1,645,439	$	1,582,261

Revenue from External Customers and Property, Plant, and Equipment by Geographic Area

The following table presents supplemental information of net revenues by geographic area based on the location of the customer:


	Year Ended December

(In thousands)	2023		2022		2021
Revenues:
U.S.	$	2,060,679	$	2,074,599	$	1,868,909
International	546,793		556,845		607,007
Total	$	2,607,472	$	2,631,444	$	2,475,916

The following table presents "property, plant and equipment, net" recorded in the Company's balance sheets by geographic area based on physical location:


(In thousands)	December 2023		December 2022
Property, plant and equipment, net:
U.S.	$	66,803	$	63,704
International	45,242		40,761
Total	$	112,045	$	104,465