SEGMENT REPORTING (Tables)

3 Months Ended

Apr. 01, 2017

Schedule of segment reporting information, by segment


				Adjusted
Dollars in thousands	Net Sales		% to Total	EBITDA		% of Sales
Three Months Ended April 1, 2017 (13 Weeks)
KATE SPADE North America	$	217,398	80.1%	$	22,788	10.5	%
KATE SPADE International		48,976	18.1%		7,778	15.9	%
Adelington Design Group		4,851	1.8%		507	10.5	%
Totals	$	271,225	100.0%

Three Months Ended April 2, 2016 (13 Weeks)
KATE SPADE North America	$	218,677	79.7%	$	24,587	11.2	%
KATE SPADE International		48,883	17.8%		8,537	17.5	%
Adelington Design Group		6,862	2.5%		2,185	31.8	%
Totals	$	274,422	100.0%

Schedule of reconciliation to Income (Loss) from Continuing Operations

The following table provides a reconciliation to Net Income:


	Three Months Ended
	April 1, 2017		April 2, 2016
In thousands	(13 Weeks)		(13 Weeks)
Reportable Segments Adjusted EBITDA:
KATE SPADE North America	$	22,788	$	24,587
KATE SPADE International (a)		7,778		8,537
Adelington Design Group		507		2,185
Total Reportable Segments Adjusted EBITDA		31,073		35,309
Depreciation and amortization, net (b)		(11,485)		(10,721)
Loss on asset disposals and impairments, net		(6,767)		(206)
Share-based compensation		(6,199)		(7,910)
Equity loss included in Reportable Segments Adjusted EBITDA		260		1,241
Operating Income		6,882		17,713
Other income (expense), net (a)		607		(247)
Interest expense, net		(4,545)		(4,996)
Provision for income taxes		1,750		1,554
Discontinued operations, net of income taxes		165		720
Net Income	$	1,359	$	11,636

^(a)

Amounts include equity in the losses of the Company’s equity method investees of $0.3 million and $1.2 million for the three months ended April 1, 2017 and April 2, 2016, respectively.

^(b)

Excludes amortization included in Interest expense, net.

Schedule of geographic data


Dollars in thousands	Net Sales		% to Total
Three Months Ended April 1, 2017 (13 Weeks)
Domestic	$	213,313	78.6	%
International		57,912	21.4	%
Total	$	271,225	100.0	%

Three Months Ended April 2, 2016 (13 Weeks)
Domestic	$	218,190	79.5	%
International		56,232	20.5	%
Total	$	274,422	100.0	%