SEGMENT REPORTING (Tables)

12 Months Ended

Jan. 02, 2016

Dollars in thousands	Net Sales		% to Total			Depreciation and Amortization Expense(a)		Adjuste EBITDA(b)			% of Sales			Segment Assets		Expenditures for Long- Lived Assets
Fiscal Year Ended
January 2, 2016
KATE SPADE North America	$	1,031,123		83.0	%	$	29,588	$	177,593			17.2	%	$	504,571	$	49,827
KATE SPADE International		188,151		15.1	%		12,164		17,697			9.4	%		180,259		19,909
Adelington Design Group		23,446		1.9	%		206		4,523			19.3	%		13,852		471
Corporate and Other		—		—			7,979		—			—			281,679		—

Totals	$	1,242,720		100.0	%	$	49,937									$	70,207


Fiscal Year Ended
January 3, 2015
KATE SPADE North America	$	891,766		78.3	%	$	31,905	$	143,009			16.0	%	$	467,383	$	76,707
KATE SPADE International		213,582		18.8	%		13,904		810			0.4	%		198,677		55,038
Adelington Design Group		33,255		2.9	%		887		4,092			12.3	%		18,671		476
Corporate and Other		—		—			7,742		(940	)		—			241,607		—

Totals	$	1,138,603		100.0	%	$	54,438									$	132,221


Fiscal Year Ended
December 28, 2013
KATE SPADE North America	$	597,748		74.4	%	$	23,961	$	70,250			11.8	%			$	58,089
KATE SPADE International		145,404		18.1			8,476		(815	)		(0.6	)%				9,139
Adelington Design Group		60,219		7.5			625		12,008			19.9	%				363
Corporate and Other		—		—			5,718		(4,334	)		—					—

Totals	$	803,371		100.0	%	$	38,780									$	67,591


(a)	For the years ended January 2, 2016, January 3, 2015 and December 28, 2013, $3.6 million, $5.2 million and $3.6 million, respectively, of Corporate depreciation and amortization was recorded within Interest expense, net on the accompanying Consolidated Statements of Income.
(b)	Other consists of expenses principally related to distribution functions that were included in Juicy Couture and Lucky Brand historical results, but are not directly attributable to those businesses and therefore have not been included in discontinued operations.

	Fiscal Years Ended
In thousands	January 2, 2016			January 3, 2015			December 28, 2013
Reportable Segments Adjusted EBITDA:
KATE SPADE North America	$	177,593		$	143,009		$	70,250
KATE SPADE International(a)		17,697			810			(815	)
Adelington Design Group		4,523			4,092			12,008
Other(b)		—			(940	)		(4,334	)

Total Reportable Segments Adjusted EBITDA		199,813			146,971			77,109
Depreciation and amortization, net(c)		(46,311	)		(48,441	)		(35,088	)
Charges due to streamlining initiatives(d), brand-exiting activities, acquisition related costs, impairment of intangible assets and loss on asset disposals and impairments, net		(40,399	)		(30,371	)		(15,716	)
Joint venture contract termination fee		(26,000	)		—			—
Share-based compensation(e)		(25,577	)		(37,270	)		(7,269	)
Adjusted equity loss included in Reportable Segments Adjusted EBITDA(f)		4,872			2,583			1,179

Operating Income		66,398			33,472			20,215
Other expense, net(a)		(11,137	)		(4,033	)		(2,062	)
Loss on settlement of note receivable		(9,873	)		—			—
Impairment of cost investment		—			—			(6,109	)
Loss on extinguishment of debt		—			(16,914	)		(1,707	)
Interest expense, net		(19,152	)		(20,178	)		(47,065	)
Provision (benefit) for income taxes		4,528			(84,379	)		(4,563	)

Income (Loss) from Continuing Operations	$	21,708		$	76,726		$	(32,165	)


(a)	Amounts include equity in the adjusted losses of equity method investees of $4.9 million, $2.6 million and $1.2 million in 2015, 2014 and 2013, respectively.
(b)	Other consists of expenses principally related to distribution functions that were included in Juicy Couture and Lucky Brand historical results, but are not directly attributable to those businesses and therefore have not been included in discontinued operations.
(c)	Excludes amortization included in Interest expense, net.
(d)	See Note 13 — Streamlining Initiatives for a discussion of streamlining charges.
(e)	Includes share-based compensation expense of $0.3 million, $17.3 million and $2.8 million in 2015, 2014 and 2013, respectively, that was classified as restructuring.
(f)	Excludes joint venture restructuring expense included in equity losses of $1.8 million in 2015.


(a)	Includes handbags, small leather goods and accessories.