SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of segment reporting information, by segment


				Depreciation
				and							Expenditures
				Amortization		Adjusted			Segment		for Long-
Dollars in thousands	Net Sales		% to Total	Expense (a)		EBITDA (b)		% of Sales	Assets		Lived Assets
Fiscal Year Ended December 31, 2016
KATE SPADE North America	$	1,156,373	83.7%	$	37,828	$	226,385	19.6%	$	479,138	$	37,978
KATE SPADE International		201,834	14.6%		7,812		27,889	13.8%		190,157		12,371
Adelington Design Group		23,271	1.7%		107		5,014	21.5%		8,470		—
Corporate and Other		—	—		3,589		—	—		432,554		—
Totals	$	1,381,478	100.0%	$	49,336						$	50,349

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		—	—		276,915		—
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%			$	76,707
KATE SPADE International		213,582	18.8%		13,904		810	0.4%				55,038
Adelington Design Group		33,255	2.9%		887		4,092	12.3%				476
Corporate and Other		—	—		7,742		(940)	—				—
Totals	$	1,138,603	100.0%	$	54,438						$	132,221

^(a)

For the years ended December 31, 2016, January 2, 2016 and January 3, 2015, $3.6 million, $3.6 million and $5.2 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.

Schedule of reconciliation to Income (Loss) from Continuing Operations


	Fiscal Years Ended
In thousands	December 31, 2016		January 2, 2016		January 3, 2015
Reportable Segments Adjusted EBITDA:
KATE SPADE North America	$	226,385	$	177,593	$	143,009
KATE SPADE International (a)		27,889		17,697		810
Adelington Design Group		5,014		4,523		4,092
Other (b)		—		—		(940)
Total Reportable Segments Adjusted EBITDA		259,288		199,813		146,971
Depreciation and amortization, net (c)		(45,782)		(46,311)		(48,441)
Charges due to streamlining initiatives (d), brand-exiting activities, acquisition related costs, impairment of intangible asset and loss on asset disposals and impairments, net		(9,204)		(40,399)		(30,371)
Joint venture contract termination fee		—		(26,000)		—
Share-based compensation (e)		(27,139)		(25,577)		(37,270)
Adjusted equity loss included in Reportable Segments Adjusted EBITDA (f)		6,450		4,872		2,583
Operating Income		183,613		66,398		33,472
Other expense, net (a)		(8,270)		(11,137)		(4,033)
Loss on settlement of note receivable		—		(9,873)		—
Loss on extinguishment of debt		—		—		(16,914)
Interest expense, net		(19,714)		(19,152)		(20,178)
Provision (benefit) for income taxes		4,071		4,528		(84,379)
Discontinued operations, net of income taxes		2,024		(4,621)		82,434
Net Income	$	153,582	$	17,087	$	159,160

^(a)

Amounts include equity in the adjusted losses of equity method investees of $6.5 million, $4.9 million and $2.6 million in 2016, 2015 and 2014, respectively.

^(b)

^(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 and $17.3 million in 2015 and 2014, respectively, that was classified as restructuring.

^(f)

Excludes joint venture restructuring expense included in equity losses of $1.8 million in 2015.

Schedule of geographic data


				Long-Lived
Dollars in thousands	Net Sales		% to Total	Assets
Fiscal Year Ended December 31, 2016
Domestic	$	1,126,848	81.6%	$	225,959
International		254,630	18.4%		77,981
Total	$	1,381,478	100.0%
Fiscal Year Ended January 2, 2016
Domestic	$	1,012,657	81.5%	$	233,185
International		230,063	18.5%		75,796
Total	$	1,242,720	100.0%
Fiscal Year Ended January 3, 2015
Domestic	$	899,475	79.0%
International		239,128	21.0%
Total	$	1,138,603	100.0%

Schedule of net sale by major product class


	Fiscal Years Ended
In thousands	December 31, 2016		January 2, 2016		January 3, 2015
Women’s accessories (a)	$	1,025,116	$	886,630	$	790,544
Apparel, jewelry and other		356,362		356,090		348,059
Total	$	1,381,478	$	1,242,720	$	1,138,603

Includes handbags, small leather goods and accessories.