Business Segments (Tables)

9 Months Ended

Oct. 02, 2021

Segment Reporting [Abstract]

Revenue and Operating Profit by Segment

The following is a summary of certain key financial measures for each reportable segment.

	Quarter Ended				Year-to-Date Ended
(In millions)	October 2, 2021		September 26, 2020		October 2, 2021		September 26, 2020
Revenue:
Wolverine Michigan Group	$	324.8	$	287.3	$	976.9	$	752.5
Wolverine Boston Group	258.8		193.8		717.7		498.4
Other	53.1		12.0		84.7		30.6
Total	$	636.7	$	493.1	$	1,779.3	$	1,281.5
Operating profit (loss):
Wolverine Michigan Group	$	61.3	$	52.3	$	196.0	$	133.8
Wolverine Boston Group	44.1		33.0		125.2		60.4
Other	2.4		0.7		3.9		1.0
Corporate	(65.3)		(43.4)		(160.7)		(128.2)
Total	$	42.5	$	42.6	$	164.4	$	67.0

Assets and Goodwill by Segment

(In millions)	October 2, 2021		January 2, 2021		September 26, 2020
Total assets:
Wolverine Michigan Group	$	692.5	$	626.9	$	691.8
Wolverine Boston Group	1,162.4		1,077.8		1,322.5
Other	599.6		31.4		33.6
Corporate	226.9		401.3		453.2
Total	$	2,681.4	$	2,137.4	$	2,501.1
Goodwill:
Wolverine Michigan Group	$	145.2	$	145.4	$	143.9
Wolverine Boston Group	296.4		297.0		293.9
Other	113.9		—		—
Total	$	555.5	$	442.4	$	437.8