$KTB
Kontoor Brands, Inc. Stock $ktb

$ktb Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000176096524000045 Filed on August 01, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$670.2M	$606.9M
YoY Change	8.8%	-9.03%
Cost Of Revenue	$370.7M	$335.5M
YoY Change	1.35%	-11.8%
Gross Profit	$299.5M	$271.4M
YoY Change	19.68%	-5.35%
Gross Profit Margin	44.69%	44.71%
Selling, General & Admin	$201.2M	$196.1M
YoY Change	7.67%	2.28%
% of Gross Profit	67.17%	72.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$9.522M	$10.03M
YoY Change	3.5%	9.84%
% of Gross Profit	3.18%	3.69%
Operating Expenses	$201.2M	$196.1M
YoY Change	7.67%	2.28%
Operating Profit	$98.32M	$75.24M
YoY Change	55.09%	-20.75%
Interest Expense	$11.18M	$10.38M
YoY Change	15.68%	1.06%
% of Operating Profit	11.37%	13.8%
Other Income/Expense, Net	-$3.335M	-$3.021M
YoY Change	5.81%	-4.16%
Pretax Income	$86.77M	$64.46M
YoY Change	69.24%	-22.22%
Income Tax	$16.23M	$12.69M
% Of Pretax Income	18.7%	19.68%
Net Earnings	$70.55M	$51.77M
YoY Change	93.83%	-21.91%
Net Earnings / Revenue	10.53%	8.53%
Basic Earnings Per Share	$1.27	$0.93
Diluted Earnings Per Share	$1.26	$0.92
COMMON SHARES
Basic Shares Outstanding	55.69M shares	55.83M shares
Diluted Shares Outstanding	56.05M shares	56.46M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$269.4M	$224.3M
YoY Change	246.31%	172.14%
Cash & Equivalents	$269.4M	$224.3M
Short-Term Investments
Other Short-Term Assets	$95.13M	$96.59M
YoY Change	-8.97%	-15.53%
Inventory	$461.5M	$488.3M
Prepaid Expenses
Receivables	$230.4M	$205.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.066B	$1.022B
YoY Change	5.6%	-1.69%
LONG-TERM ASSETS
Property, Plant & Equipment	$106.8M	$108.2M
YoY Change	-0.03%	3.0%
Goodwill	$209.8M	$209.5M
YoY Change	-0.06%	-0.2%
Intangibles	$11.78M	$11.85M
YoY Change	-8.99%	-10.01%
Long-Term Investments
YoY Change
Other Assets	$203.8M	$205.1M
YoY Change	0.16%	-7.13%
Total Long-Term Assets	$586.9M	$590.4M
YoY Change	-1.96%	-2.25%
TOTAL ASSETS
Total Short-Term Assets	$1.066B	$1.022B
Total Long-Term Assets	$586.9M	$590.4M
Total Assets	$1.653B	$1.612B
YoY Change	2.79%	-1.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$201.9M	$196.5M
YoY Change	3.37%	19.89%
Accrued Expenses	$204.4M	$153.9M
YoY Change	30.37%	-21.96%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Long-Term Debt Due	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Total Short-Term Liabilities	$427.3M	$373.1M
YoY Change	9.84%	-7.21%
LONG-TERM LIABILITIES
Long-Term Debt	$745.0M	$749.7M
YoY Change	-3.66%	-9.46%
Other Long-Term Liabilities	$87.35M	$86.65M
YoY Change	8.18%	5.93%
Total Long-Term Liabilities	$832.3M	$836.3M
YoY Change	-2.54%	-8.07%
TOTAL LIABILITIES
Total Short-Term Liabilities	$427.3M	$373.1M
Total Long-Term Liabilities	$832.3M	$836.3M
Total Liabilities	$1.296B	$1.245B
YoY Change	0.87%	-7.36%
SHAREHOLDERS EQUITY
Retained Earnings	$166.0M	$164.6M
YoY Change	32.83%	41.64%
Common Stock	$0.00	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$356.9M	$367.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.653B	$1.612B
YoY Change	2.79%	-1.89%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$70.55M	$51.77M
YoY Change	93.83%	-21.91%
Depreciation, Depletion And Amortization	$9.522M	$10.03M
YoY Change	3.5%	9.84%
Cash From Operating Activities	$133.6M	$96.20M
YoY Change	273.15%	-862.19%
INVESTING ACTIVITIES
Capital Expenditures	$4.440M	$4.522M
YoY Change	-57.71%	-30.03%
Acquisitions
YoY Change
Other Investing Activities	-$593.0K	-$478.0K
YoY Change	-25.87%	220.81%
Cash From Investing Activities	-$5.033M	-$5.000M
YoY Change	-55.46%	-57.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-73.71M	-82.43M
YoY Change	154.18%	-584.4%
NET CHANGE
Cash From Operating Activities	133.6M	96.20M
Cash From Investing Activities	-5.033M	-5.000M
Cash From Financing Activities	-73.71M	-82.43M
Net Change In Cash	54.84M	8.777M
YoY Change	-1318.71%	-234.99%
FREE CASH FLOW
Cash From Operating Activities	$133.6M	$96.20M
Capital Expenditures	$4.440M	$4.522M
Free Cash Flow	$129.1M	$91.68M
YoY Change	410.46%	-580.38%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.50
CY2024Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	7772000	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	2426000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	616009000	usd
CY2024Q2	us-gaap	Interest Expense InterestExpense	10382000	usd
CY2024Q2	us-gaap	Interest Income Other InterestIncomeOther	2616000	usd
CY2023Q3	us-gaap	Interest Income Other InterestIncomeOther	691000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	64456000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	51273000	usd
CY2024Q2	ktb	Accounts Receivable Reduction Related To Accounts Receivable Sold To Third Parties AccountsReceivableReductionRelatedToAccountsReceivableSoldToThirdParties	179600000	usd
CY2024Q2	ktb	Sale Of Accounts Receivable Program Fee SaleOfAccountsReceivableProgramFee	2900000	usd
	ktb	Sale Of Accounts Receivable Program Fee SaleOfAccountsReceivableProgramFee	5800000	usd
CY2024Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	32667000	usd
CY2024Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	38456000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	488340000	usd
CY2023Q3	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	100000	usd
CY2024Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	0	usd
CY2024Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	749654000	usd
CY2024Q2	ktb	Derivative Asset Fair Value Amount Not Offset Against Collateral Including Not Subject To Master Netting Arrangement DerivativeAssetFairValueAmountNotOffsetAgainstCollateralIncludingNotSubjectToMasterNettingArrangement	5750000	usd
CY2023Q4	ktb	Derivative Asset Fair Value Amount Not Offset Against Collateral Including Not Subject To Master Netting Arrangement DerivativeAssetFairValueAmountNotOffsetAgainstCollateralIncludingNotSubjectToMasterNettingArrangement	19757000	usd
CY2023Q3	ktb	Derivative Asset Fair Value Amount Not Offset Against Collateral Including Not Subject To Master Netting Arrangement DerivativeAssetFairValueAmountNotOffsetAgainstCollateralIncludingNotSubjectToMasterNettingArrangement	31911000	usd
CY2024Q2	ktb	Derivative Liability Fair Value Amount Not Offset Against Collateral Including Not Subject To Master Netting Arrangement DerivativeLiabilityFairValueAmountNotOffsetAgainstCollateralIncludingNotSubjectToMasterNettingArrangement	4786000	usd
CY2023Q4	ktb	Derivative Liability Fair Value Amount Not Offset Against Collateral Including Not Subject To Master Netting Arrangement DerivativeLiabilityFairValueAmountNotOffsetAgainstCollateralIncludingNotSubjectToMasterNettingArrangement	5121000	usd
CY2023Q3	ktb	Derivative Liability Fair Value Amount Not Offset Against Collateral Including Not Subject To Master Netting Arrangement DerivativeLiabilityFairValueAmountNotOffsetAgainstCollateralIncludingNotSubjectToMasterNettingArrangement	4965000	usd
CY2024Q2	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	5750000	usd
CY2024Q2	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	4786000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	19757000	usd
CY2023Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	5121000	usd
CY2023Q3	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	31911000	usd
CY2023Q3	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	4965000	usd
CY2024Q2	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	2983000	usd
CY2023Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	894000	usd
CY2023Q4	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	894000	usd
CY2023Q3	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	2038000	usd
CY2023Q3	us-gaap	Derivative Liability Fair Value Gross Asset DerivativeLiabilityFairValueGrossAsset	2038000	usd
CY2024Q2	us-gaap	Derivative Assets DerivativeAssets	2767000	usd
CY2024Q2	us-gaap	Derivative Liabilities DerivativeLiabilities	1803000	usd
CY2023Q4	us-gaap	Derivative Assets DerivativeAssets	18863000	usd
CY2023Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	4227000	usd
CY2023Q3	us-gaap	Derivative Assets DerivativeAssets	29873000	usd
CY2023Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	2927000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax	-11361000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax	9809000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax	-1141000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax	19837000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	5729000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	6765000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	14847000	usd
CY2024Q2	ktb	Foreign Currency And Interest Rate Cash Flow Hedge Gain Losstobe Reclassified During Next12 Months ForeignCurrencyAndInterestRateCashFlowHedgeGainLosstobeReclassifiedDuringNext12Months	7400000	usd
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7900000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1238100000	usd
	us-gaap	Other Restructuring Costs OtherRestructuringCosts	1427000	usd
	us-gaap	Other Restructuring Costs OtherRestructuringCosts	1182000	usd
CY2023Q3	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7796000	usd
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7915000	usd
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7796000	usd
CY2023Q3	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7796000	usd
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7915000	usd
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7796000	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.50
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	250757000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	66296000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	-2617000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	11660000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.48
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	26808000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	299288000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	36396000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6603000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	7912000	usd
CY2023Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.48
CY2023Q3	us-gaap	Dividends Common Stock DividendsCommonStock	26948000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	323251000	usd
	us-gaap	Fiscal Period FiscalPeriod	<div style="margin-bottom:9pt;margin-top:9pt;text-align:justify"><span style="color:#403a60;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Fiscal Year</span></div>The Company operates and reports using a 52/53-week fiscal year ending on the Saturday closest to December 31 of each year. Accordingly, this Form 10-Q presents the second quarter of the Company's fiscal year ending December 28, 2024 ("fiscal 2024"), which is a 52-week fiscal year. For presentation purposes herein, all references to periods ended June 2024, December 2023 and June 2023 correspond to the fiscal periods ended June 29, 2024, December 30, 2023 and July 1, 2023, respectively.
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	606898000	usd
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	606898000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	616009000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	616009000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1238100000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1238100000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1283132000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1283132000	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	205019000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	217673000	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	186024000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	10929000	usd
CY2023Q3	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	6034000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1713000	usd
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1921000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	84900000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	606898000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1283132000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	9663000	usd
	us-gaap	Interest Expense InterestExpense	19674000	usd
	us-gaap	Interest Expense InterestExpense	19936000	usd
	us-gaap	Interest Income Other InterestIncomeOther	5041000	usd
	us-gaap	Interest Income Other InterestIncomeOther	1110000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	139136000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	134142000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7215000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	9918000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	828000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-278000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	298000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	1107000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	-117000	usd
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	263000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7628000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	8796000	usd
CY2024Q2	ktb	Maximum Amount Of Accounts Receivable Sold At Any Point In Time MaximumAmountOfAccountsReceivableSoldAtAnyPointInTime	377500000	usd
	ktb	Accounts Receivable Sold Gross AccountsReceivableSoldGross	647500000	usd
	ktb	Accounts Receivable Sold Gross AccountsReceivableSoldGross	704200000	usd
CY2023Q4	ktb	Accounts Receivable Reduction Related To Accounts Receivable Sold To Third Parties AccountsReceivableReductionRelatedToAccountsReceivableSoldToThirdParties	197700000	usd
CY2023Q3	ktb	Accounts Receivable Reduction Related To Accounts Receivable Sold To Third Parties AccountsReceivableReductionRelatedToAccountsReceivableSoldToThirdParties	211500000	usd
CY2023Q3	ktb	Sale Of Accounts Receivable Program Fee SaleOfAccountsReceivableProgramFee	3100000	usd
	ktb	Sale Of Accounts Receivable Program Fee SaleOfAccountsReceivableProgramFee	6100000	usd
CY2024Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	417217000	usd
CY2023Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	421051000	usd
CY2023Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	548967000	usd
CY2023Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	35722000	usd
CY2023Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	33502000	usd
CY2023Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	43580000	usd
CY2023Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	44416000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	500353000	usd
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CY2024Q2	us-gaap	Accounts Payable Trade Current And Noncurrent AccountsPayableTradeCurrentAndNoncurrent	32700000	usd
CY2023Q4	us-gaap	Accounts Payable Trade Current And Noncurrent AccountsPayableTradeCurrentAndNoncurrent	19700000	usd
CY2023Q3	us-gaap	Accounts Payable Trade Current And Noncurrent AccountsPayableTradeCurrentAndNoncurrent	30600000	usd
CY2024Q2	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	0	usd
CY2023Q4	us-gaap	Other Short Term Borrowings OtherShortTermBorrowings	0	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	749654000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	783921000	usd
CY2023Q3	us-gaap	Long Term Debt LongTermDebt	788270000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	20000000	usd
CY2023Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	15000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	763921000	usd
CY2023Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	773270000	usd
	ktb	Debt Instrument Leverage Ratio Number Of Elections To Increase The Limit DebtInstrumentLeverageRatioNumberOfElectionsToIncreaseTheLimit	2	election
CY2024Q2	ktb	Cash Equivalents Money Market Funds CashEquivalentsMoneyMarketFunds	166613000	usd
CY2024Q2	ktb	Cash Equivalents Time Deposits CashEquivalentsTimeDeposits	2280000	usd
CY2024Q2	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	48711000	usd
CY2024Q2	ktb	Deferred Compensation Liability At Fair Value DeferredCompensationLiabilityAtFairValue	51933000	usd
CY2023Q4	ktb	Cash Equivalents Money Market Funds CashEquivalentsMoneyMarketFunds	145554000	usd
CY2023Q4	ktb	Cash Equivalents Time Deposits CashEquivalentsTimeDeposits	2283000	usd
CY2023Q4	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	46250000	usd
CY2023Q4	ktb	Deferred Compensation Liability At Fair Value DeferredCompensationLiabilityAtFairValue	49139000	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	749700000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	783900000	usd
CY2024Q2	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	2983000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	13886000	usd
CY2024Q2	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	300000000.0	usd
CY2024Q2	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-21007000	usd
CY2024Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	5697000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-26704000	usd
CY2023Q3	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	13971000	usd
CY2023Q3	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	6059000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	7912000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-13842000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	13243000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-27085000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	32586000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	13014000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	19572000	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.200
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.234
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	-0.012
	us-gaap	Effective Income Tax Rate Reconciliation Other Reconciling Items Percent EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent	0.039
	ktb	Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent	0.212
	ktb	Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent	0.195
	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	700000	usd
CY2024Q2	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	14300000	usd
CY2024Q2	us-gaap	Decrease In Unrecognized Tax Benefits Is Reasonably Possible DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible	2200000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	51769000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	36396000	usd
	us-gaap	Net Income Loss NetIncomeLoss	111276000	usd
	us-gaap	Net Income Loss NetIncomeLoss	102692000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	55810000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	56089000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	55772000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	55868000	shares
CY2024Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	646000	shares
CY2023Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	757000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	825000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1025000	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56456000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56846000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56597000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	56893000	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.93
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.65
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.00
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.84
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.92
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.64
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.97
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.80
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
	us-gaap	Operating Lease Payments OperatingLeasePayments	15769000	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	15816000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4962000	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	11683000	usd
CY2024Q2	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	3300000	usd
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7800000	usd
CY2023Q3	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	7800000	usd
CY2024Q2	us-gaap	Restructuring Reserve RestructuringReserve	1800000	usd
CY2024Q2	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	1300000	usd
CY2024Q2	us-gaap	Restructuring Reserve Noncurrent RestructuringReserveNoncurrent	500000	usd
CY2023Q4	us-gaap	Restructuring Reserve RestructuringReserve	800000	usd
CY2024Q2	us-gaap	Severance Costs1 SeveranceCosts1	2004000	usd
CY2023Q3	us-gaap	Severance Costs1 SeveranceCosts1	6614000	usd
	us-gaap	Severance Costs1 SeveranceCosts1	3985000	usd
	us-gaap	Severance Costs1 SeveranceCosts1	6614000	usd
CY2024Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	433000	usd
CY2023Q3	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	601000	usd
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2024Q2	us-gaap	Inventory Write Down InventoryWriteDown	219000	usd
CY2023Q3	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
	us-gaap	Inventory Write Down InventoryWriteDown	1902000	usd
	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
CY2024Q2	us-gaap	Other Restructuring Costs OtherRestructuringCosts	648000	usd
CY2023Q3	us-gaap	Other Restructuring Costs OtherRestructuringCosts	1182000	usd
CY2024Q2	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	3304000	usd
CY2023Q4	us-gaap	Restructuring Reserve RestructuringReserve	827000	usd
	us-gaap	Restructuring Charges RestructuringCharges	4875000	usd
	us-gaap	Payments For Restructuring PaymentsForRestructuring	3557000	usd
	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	-290000	usd
	us-gaap	Restructuring Reserve Translation Adjustment RestructuringReserveTranslationAdjustment	8000	usd
CY2024Q2	us-gaap	Restructuring Reserve RestructuringReserve	1847000	usd
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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ktb-20240629_def.xml	Edgar Link	unprocessable
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Financial_Report.xlsx	Edgar Link	pending
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ktb-20240629.xsd	Edgar Link	pending
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$KTB
Kontoor Brands, Inc. Stock $ktb

2024 Q3 Form 10-Q Financial Statement

#000176096524000045 Filed on August 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KTB Kontoor Brands, Inc. Stock $ktb

2024 Q3 Form 10-Q Financial Statement

#000176096524000045 Filed on August 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KTB
Kontoor Brands, Inc. Stock $ktb