Segment reporting information by segment |
Information about our operations as of and for the three and nine months ended June 28, 2014, and June 29, 2013, by operating segment, is as follows (in thousands):
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Basics |
|
Branded |
|
Consolidated |
Three months ended June 28, 2014 |
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|
|
|
|
Net sales |
$ |
73,532 |
|
|
$ |
50,002 |
|
|
$ |
123,534 |
|
Segment operating earnings (loss) |
2,159 |
|
|
(567 |
) |
|
1,592 |
|
Segment assets * |
176,524 |
|
|
182,106 |
|
|
358,630 |
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|
|
|
|
|
|
Three months ended June 29, 2013 |
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|
|
|
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Net sales |
$ |
78,047 |
|
|
$ |
55,520 |
|
|
$ |
133,567 |
|
Segment operating earnings (loss) |
5,308 |
|
|
(651 |
) |
|
4,657 |
|
Segment assets * |
161,716 |
|
|
150,194 |
|
|
311,910 |
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|
|
|
|
* |
|
All goodwill and intangibles on our balance sheet are included in the branded segment. |
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Basics |
|
Branded |
|
Consolidated |
Nine months ended June 28, 2014 |
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|
|
|
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Net sales |
$ |
196,244 |
|
|
$ |
141,760 |
|
|
$ |
338,004 |
|
Segment operating earnings (loss) |
5,705 |
|
|
(3,954 |
) |
|
1,751 |
|
|
|
|
|
|
|
Nine months ended June 28. 2013 |
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|
|
|
|
Net sales |
$ |
204,294 |
|
|
$ |
156,115 |
|
|
$ |
360,409 |
|
Segment operating earnings (loss) |
12,604 |
|
|
(4,538 |
) |
|
8,066 |
|
|
Reconciliation of segment operating income to consolidated income before income taxes |
The following reconciles the segment operating earnings to the Company's consolidated income (loss) before benefit from income taxes (in thousands):
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Three Months Ended |
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Nine Months Ended |
|
June 28, 2014 |
|
June 29, 2013 |
|
June 28, 2014 |
|
June 29, 2013 |
Segment operating earnings |
$ |
1,592 |
|
|
$ |
4,657 |
|
|
$ |
1,751 |
|
|
$ |
8,066 |
|
Unallocated interest expense |
1,471 |
|
|
1,019 |
|
|
4,384 |
|
|
2,921 |
|
Consolidated income (loss) before benefit from income taxes |
$ |
121 |
|
|
$ |
3,638 |
|
|
$ |
(2,633 |
) |
|
$ |
5,145 |
|
|