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Quarterly report pursuant to Section 13 or 15(d)

REPORTABLE ߣ¹ÜÍøÕ¾GMENT INFORMATION

v3.23.2
REPORTABLE ߣ¹ÜÍøÕ¾GMENT INFORMATION
 3 Months Ended
Jul. 01, 2023
Segment Reporting [Abstract] Ìý
REPORTABLE ߣ¹ÜÍøÕ¾GMENT INFORMATION REPORTABLE ߣ¹ÜÍøÕ¾GMENT INFORMATION
The chief operating decision maker allocates resources and assesses performance based on a global brand view which represents VF'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. We have included an Other category in the table below for purposes of reconciliation of revenues and profit, but it is not considered a reportable segment. Other primarily includes sourcing activities related to transition services.
Financial information for VF's reportable segments is as follows:
Ìý Three Months Ended June
(In thousands) 2023 2022
Segment revenues:
Outdoor $ 829,697Ìý $ 768,624Ìý
Active 1,066,009Ìý 1,253,945Ìý
Work 190,630Ìý 238,878Ìý
Other —Ìý 148Ìý
Total segment revenues $ 2,086,336Ìý $ 2,261,595Ìý
Segment profit (loss):
Outdoor $ (43,661) $ (46,851)
Active 123,782Ìý 214,031Ìý
Work 6,831Ìý 35,002Ìý
Other —Ìý (225)
Total segment profit 86,952Ìý 201,957Ìý
Corporate and other expenses
 (99,511) (233,309)
Interest expense, net (49,719) (31,262)
Loss before income taxes
 $ (62,278) $ (62,614)