±«ÓãÖ±²¥

Annual report pursuant to Section 13 and 15(d)

REPORTABLE SEGMENT INFORMATION (Tables)

v3.23.1
REPORTABLE SEGMENT INFORMATION (Tables)
12 Months Ended
Apr. 01, 2023
Segment Reporting [Abstract] Ìý
Schedule of Financial Information for Reportable Segments
Financial information for ±«ÓãÖ±²¥â€™s reportable segments is as follows:
Year Ended March
(In thousands) 2023 2022 2021
Segment revenues:
Outdoor $ 5,647,526Ìý $ 5,327,568Ìý $ 4,127,601Ìý
Active 4,904,622Ìý 5,380,338Ìý 4,160,856Ìý
Work 1,060,179Ìý 1,133,149Ìý 945,680Ìý
Other 148Ìý 785Ìý 4,693Ìý
Total segment revenues $ 11,612,475Ìý $ 11,841,840Ìý $ 9,238,830Ìý
Segment profit (loss):
Outdoor $ 785,431Ìý $ 795,523Ìý $ 342,212Ìý
Active 654,691Ìý 979,746Ìý 648,467Ìý
Work 121,157Ìý 193,492Ìý 27,141Ìý
Other (536) (586) (5,410)
Total segment profit 1,560,743Ìý 1,968,175Ìý 1,012,410Ìý
Impairment of goodwill and indefinite-lived intangible assets (a)
(735,009) —Ìý (12,400)
Corporate and other expenses (617,815) (309,817) (417,038)
Interest expense, net (164,632) (131,463) (126,500)
Loss on debt extinguishment —Ìý (3,645) —Ìý
Income from continuing operations before income taxes $ 43,287Ìý $ 1,523,250Ìý $ 456,472Ìý
(a)Excluded $8.0Ìýmillion of impairment charges related to definite-lived intangible assets in the year ended March 2021, which were primarily recorded in the Work segment.
Schedule of Reconciliation Assets
(In thousands) March 2023 March 2022
Segment assets:
Outdoor $ 1,936,090Ìý $ 1,307,244Ìý
Active 1,341,142Ìý 1,110,691Ìý
Work 610,798Ìý 436,765Ìý
Other 15,055Ìý 31,815Ìý
Total segment assets 3,903,085Ìý 2,886,515Ìý
Cash and equivalents 814,887Ìý 1,275,943Ìý
Property, plant and equipment, net 942,440Ìý 1,041,777Ìý
Intangible assets and goodwill 4,621,234Ìý 5,394,158Ìý
Operating lease right-of-use assets 1,372,182Ìý 1,247,056Ìý
Other assets 2,336,660Ìý 1,496,759Ìý
Consolidated assets $ 13,990,488Ìý $ 13,342,208Ìý
Schedule of Reconciliation of Capital Expenditures and Depreciation and Amortization Expense
Year Ended March
(In thousands) 2023 2022 2021
Depreciation and amortization expense:
Outdoor $ 94,448Ìý $ 95,860Ìý $ 94,841Ìý
Active 81,106Ìý 87,235Ìý 80,245Ìý
Work 12,524Ìý 14,439Ìý 20,785Ìý
Other 74,246Ìý 69,401Ìý 73,210Ìý
$ 262,324Ìý $ 266,935Ìý $ 269,081Ìý
Schedule of Supplemental Information (with Revenues by Geographic Area Based on the Origin of Shipment)
Supplemental information (with revenues by geographic area primarily based on the origin of the shipment) is as follows:
Year Ended March
(In thousands) 2023 2022 2021
Total revenues:
U.S. $ 6,043,359Ìý $ 6,178,300Ìý $ 4,635,704Ìý
Foreign 5,569,116Ìý 5,663,540Ìý 4,603,126Ìý
$ 11,612,475Ìý $ 11,841,840Ìý $ 9,238,830Ìý
Property, plant and equipment:
U.S. $ 707,035Ìý $ 716,952Ìý
Foreign 235,405Ìý 324,825Ìý
$ 942,440Ìý $ 1,041,777Ìý