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This excerpt taken from the HBI 10-Q filed May 11, 2009. Other
The decline in net sales in our Other segment is primarily due
to the continued vertical integration of a yarn and fabric
operation acquisition from 2006 with less focus on sales of
nonfinished fabric and yarn to third parties. We expect this
decline to continue and sales for this segment to ultimately
become insignificant to us as we complete the implementation of
our consolidation and globalization efforts. Net sales in this
segment are intended to maintain asset utilization at certain
manufacturing facilities and generate break even margins.
This excerpt taken from the HBI 10-Q filed Aug 1, 2008. Other
Overall lower net sales from our Other segment were primarily
due to the continued vertical integration of a yarn and fabric
operation acquisition from 2006 with less focus on sales of
nonfinished fabric and yarn to third parties which we expect to
continue the remainder of this year. Net sales in this segment
are generated for the purpose of maintaining asset utilization
at certain manufacturing facilities and generating break even
margins.
This excerpt taken from the HBI 10-Q filed May 7, 2008. Other
Overall lower net sales from our Other segment were primarily
due to lower sales of nonfinished fabric and other materials to
third parties in the first quarter of 2008 as compared to 2007.
Net sales in this segment are generated for the purpose of
maintaining asset utilization at certain manufacturing
facilities and generating break even margins.
These excerpts taken from the HBI 10-K filed Feb 19, 2008. Other
Net sales decreased primarily due to the acquisition of National
Textiles, L.L.C. in September 2005 which caused a
$72 million decline as sales to this business were
previously included in net sales prior to the acquisition. Sales
to National Textiles, L.L.C. subsequent to the acquisition of
this business are eliminated for purposes of segment reporting.
This decrease was partially offset by $40 million in fabric
sales to third parties by National Textiles, L.L.C. subsequent
to the acquisition. An additional offset was related to
increased sales of $7 million due to the acquisition of a
Hong Kong based sourcing business at the end of 2005.
Gross profit and segment operating profit remained flat as
compared to 2005. As sales in this segment are generated for the
purpose of maintaining asset utilization at certain
manufacturing facilities, gross profit and operating profit are
lower than those of our other segments.
Other
Net sales decreased primarily due to the acquisition of National Textiles, L.L.C. in September 2005 which caused a $72 million decline as sales to this business were previously included in net sales prior to the acquisition. Sales to National Textiles, L.L.C. subsequent to the acquisition of this business are eliminated for purposes of segment reporting. This decrease was partially offset by $40 million in fabric sales to third parties by National Textiles, L.L.C. subsequent to the acquisition. An additional offset was related to increased sales of $7 million due to the acquisition of a Hong Kong based sourcing business at the end of 2005. Gross profit and segment operating profit remained flat as compared to 2005. As sales in this segment are generated for the purpose of maintaining asset utilization at certain manufacturing facilities, gross profit and operating profit are lower than those of our other segments. This excerpt taken from the HBI 10-Q filed Nov 5, 2007. Other
The higher net sales from our Other segment primarily resulted
from an immaterial change in the way we recognized sales to
third party suppliers in the same nine month period in 2006. The
full year change was reflected in the same nine month period in
2006 with a $5 million impact on net sales and minimal
impact on segment operating profit. Net sales of this segment
are generated for the purpose of maintaining asset utilization
at certain manufacturing facilities.
This excerpt taken from the HBI 10-Q filed Aug 3, 2007. Other
The higher net sales from our Other segment primarily resulted
from an immaterial change in the way we recognized sales to
third party suppliers in the same six month period in 2006. The
full year change was reflected in the same six month period in
2006 with a $5 million impact on net sales and minimal
impact on segment operating profit. Net sales of this segment
are generated for the purpose of maintaining asset utilization
at certain manufacturing facilities.
The higher segment operating profit is primarily attributable to
the higher sales volume.
This excerpt taken from the HBI 10-Q filed May 14, 2007. Other
Table of Contents
Overall net sales in the Other segment decreased primarily due
to lower net sales of nonfinished fabric and other materials to
third parties in the first quarter of 2007 compared to the same
quarter of 2006. Net sales of this segment are generated for the
purpose of maintaining asset utilization at certain
manufacturing facilities.
Gross profit in this segment declined slightly in the first
quarter of 2007 compared to the same quarter of 2006. The
decrease in segment operating profit is primarily attributable
to the lower sales volume.
This excerpt taken from the HBI 10-Q filed Nov 13, 2006. Other
Net sales in the other segment decreased primarily due to the
acquisition of National Textiles LLC in September 2005 which
caused a $16 million decline as sales to this business were
previously included in net sales prior to the acquisition. This
decrease was partially offset by additional fabric sales to
third parties by National Textiles subsequent to the acquisition.
Gross margin decreased from 2.5% for the quarter ended
October 1, 2005 to (2.7)% for the quarter ended
September 30, 2006 as a result of unfavorable manufacturing
variances.
The decrease of other segment operating profit is primarily
attributable to the lower sales and gross margin partially
offset by lower allocated selling and administrative costs.
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