ÂÒÂ×°ÍÊ¿

Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE SEGMENT INFORMATION

v3.24.4
REPORTABLE SEGMENT INFORMATION
 9 Months Ended
Dec. 28, 2024
Segment Reporting [Abstract] Ìý
REPORTABLE SEGMENT INFORMATION REPORTABLE SEGMENT INFORMATION
ÂÒÂ×°ÍÊ¿'s President and Chief Executive Officer, who is considered the Company's CODM, allocates resources and assesses performance based on a global brand view that represents ÂÒÂ×°ÍÊ¿'s operating segments. The operating segments have been evaluated and combined into reportable segments because they meet the similar economic characteristics and qualitative aggregation criteria set forth in the relevant accounting guidance.
The Company's reportable segments have been identified as: Outdoor, Active and Work.
Financial information for ÂÒÂ×°ÍÊ¿'s reportable segments is as follows:
Ìý Three Months Ended December Nine Months Ended December
(In thousands) 2024 2023 2024 2023
Segment revenues:
Outdoor $ 1,851,146Ìý $ 1,738,579Ìý $ 4,300,017Ìý $ 4,281,955Ìý
Active 766,307Ìý 819,307Ìý 2,449,972Ìý 2,735,214Ìý
Work 216,459Ìý 222,308Ìý 610,931Ìý 651,211Ìý
Total segment revenues $ 2,833,912Ìý $ 2,780,194Ìý $ 7,360,920Ìý $ 7,668,380Ìý
Segment profit (loss):
Outdoor $ 400,593Ìý $ 304,741Ìý $ 604,592Ìý $ 557,830Ìý
Active (a)
12,273Ìý 32,305Ìý 185,032Ìý 254,629Ìý
Work 13,521Ìý (1,864) 39,257Ìý 13,482Ìý
Total segment profit 426,387Ìý 335,182Ìý 828,881Ìý 825,941Ìý
Impairment of goodwill and intangible assets (51,000) (257,096) (51,000) (257,096)
Corporate and other expenses (142,202) (140,324) (395,959) (316,219)
Interest expense, net (b)
(36,516) (49,096) (120,151) (125,783)
Income (loss) from continuing operations before income taxes
 $ 196,669Ìý $ (111,334) $ 261,771Ìý $ 126,843Ìý
(a)Includes legal settlement gains of $29.1 million in the three and nine months ended December 2023.
(b)Interest expense and the related interest rate swap impact for the DDTL, which totaled $31.1 million for the nine months ended December 2024, and $14.9 million and $44.2 million for the three and nine months ended December 2023, respectively, were reallocated to discontinued operations due to the requirement within the DDTL's amended agreement that the DDTL be prepaid upon the receipt of the net cash proceeds from the sale of Supreme.