大象传媒

Quarterly report [Sections 13 or 15(d)]

REPORTABLE SEGMENT INFORMATION (Tables)

v3.25.4
REPORTABLE SEGMENT INFORMATION (Tables)
 9 Months Ended
Dec. 27, 2025
Segment Reporting [Abstract] 听
Schedule of Financial Information for Reportable Segments
Financial information for 大象传媒's segments is as follows:
Three Months Ended December 2025
(In thousands) Outdoor Active Total
Reportable segment revenues $ 1,926,008听 $ 671,835听 $ 2,597,843听
鈥淎ll Other鈥 revenues
 277,958听
Total revenues 2,875,801听
Less:
Cost of goods sold 818,631听 294,120听
Marketing expenses 172,665听 67,728听
Other SG&A expenses 529,680听 315,145听
Other segment items (a)
2,694听 536听
Segment profit (loss) 407,726听 (4,622) 403,104听
Impairment of goodwill (30,716)
Corporate and other income (expenses) (b)
10,030听
Interest expense, net (34,611)
鈥淎ll Other鈥 profit
 15,052听
Income from continuing operations before income taxes $ 362,859听
(a)For each reportable segment, 'Other segment items' include certain foreign currency and hedging gains and losses and other miscellaneous non-operating income and expenses, which are reported in the other income (expense), net line item in the Consolidated Statement of Operations.
(b)An estimated pre-tax gain on the sale of Dickies of $139.1 million was recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the three months ended December 2025. Refer to Note 4 for additional information regarding the divestiture. In addition, a pension settlement charge of $34.0 million related to the termination of the U.S. qualified plan was recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the three months ended December 2025. Refer to Note 11 for additional information regarding the settlement charge.
Three Months Ended December 2024
(In thousands) Outdoor Active Total
Reportable segment revenues $ 1,780,276听 $ 716,549听 $ 2,496,825听
鈥淎ll Other鈥 revenues
 337,087听
Total revenues 2,833,912听
Less:
Cost of goods sold 767,302听 304,205听
Marketing expenses 148,592听 81,137听
Other SG&A expenses 481,368听 325,120听
Other segment items (a)
6,141听 581听
Segment profit 389,155听 6,668听 395,823听
Impairment of intangible assets (51,000)
Corporate and other expenses (142,202)
Interest expense, net (36,516)
鈥淎ll Other鈥 profit
 30,564听
Income from continuing operations before income taxes $ 196,669听
(a)For each reportable segment, 'Other segment items' include certain foreign currency and hedging gains and losses and other miscellaneous non-operating income and expenses, which are reported in the other income (expense), net line item in the Consolidated Statement of Operations.
Nine Months Ended December 2025
(In thousands) Outdoor Active Total
Reportable segment revenues $ 4,401,953听 $ 2,132,272听 $ 6,534,225听
鈥淎ll Other鈥 revenues
 904,948听
Total revenues 7,439,173听
Less:
Cost of goods sold 2,027,058听 917,255听
Marketing expenses 364,246听 185,041听
Other SG&A expenses 1,351,291听 913,399听
Other segment items (a)
6,838听 1,387听
Segment profit 666,196听 117,964听 784,160听
Impairment of goodwill (30,716)
Corporate and other expenses (b)
(190,202)
Interest expense, net
(121,940)
鈥淎ll Other鈥 profit
 63,245听
Income from continuing operations before income taxes $ 504,547听
(a)For each reportable segment, 'Other segment items' include certain foreign currency and hedging gains and losses and other miscellaneous non-operating income and expenses, which are reported in the other income (expense), net line item in the Consolidated Statement of Operations.
(b)An estimated pre-tax gain on the sale of Dickies of $139.1 million was recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the nine months ended December 2025. Refer to Note 4 for additional information regarding the divestiture. In addition, a pension settlement charge of $34.0 million related to the termination of the U.S. qualified plan was recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the nine months ended December 2025. Refer to Note 11 for additional information regarding the settlement charge.
Nine Months Ended December 2024
(In thousands) Outdoor Active Total
Reportable segment revenues $ 4,100,628听 $ 2,317,819听 $ 6,418,447听
鈥淎ll Other鈥 revenues
 942,473听
Total revenues 7,360,920听
Less:
Cost of goods sold 1,952,221听 969,797听
Marketing expenses 319,774听 223,154听
Other SG&A expenses 1,240,957听 953,850听
Other segment items (a)
6,730听 566听
Segment profit 594,406听 171,584听 765,990听
Impairment of intangible assets (51,000)
Corporate and other expenses (395,959)
Interest expense, net (b)
(120,151)
鈥淎ll Other鈥 profit
 62,891听
Income from continuing operations before income taxes $ 261,771听
(a)For each reportable segment, 'Other segment items' include certain foreign currency and hedging gains and losses and other miscellaneous non-operating income and expenses, which are reported in the other income (expense), net line item in the Consolidated Statement of Operations.
(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, were allocated 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.
Schedule of Reconciliation of Assets from Segment to Consolidated
(In thousands) December 2025 March 2025 December 2024
Segment assets:
Outdoor $ 1,949,115听 $ 1,552,908听 $ 1,784,335听
Active 769,821听 860,128听 781,921听
All Other 335,811听 507,223听 534,384听
Corporate and other 19,837听 28,429听 37,163听
Total segment assets 3,074,584听 2,948,688听 3,137,803听
Cash and cash equivalents 1,466,469听 429,382听 1,369,376听
Property, plant and equipment, net 687,504听 720,879听 718,481听
Goodwill and intangible assets, net 2,066,278听 2,314,093听 2,341,101听
Operating lease right-of-use assets 1,364,407听 1,262,319听 1,268,425听
Other assets 1,772,387听 1,702,175听 1,719,036听
Consolidated assets $ 10,431,629听 $ 9,377,536听 $ 10,554,222听
Schedule of Reconciliation of Capital Expenditures and Depreciation and Amortization Expense
Three Months Ended December Nine Months Ended December
(In thousands) 2025 2024 2025 2024
Depreciation and amortization:
Outdoor $ 25,700听 $ 23,604听 $ 77,821听 $ 72,163听
Active 15,201听 14,319听 41,522听 41,994听
All Other 1,892听 4,859听 14,166听 15,417听
Corporate and other 36,089听 17,290听 79,537听 56,894听
$ 78,882听 $ 60,072听 $ 213,046听 $ 186,468听