Carter's (CRI) 10-Q29 Oct 152015 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Oct. 03, 2015	Oct. 23, 2015
Document Information [Abstract]
Entity Registrant Name	CARTERS INC
Entity Central Index Key	1,060,822
Current Fiscal Year End Date	--01-02
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Oct. 3, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		51,990,421

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 03, 2015	Jan. 03, 2015	Sep. 27, 2014
Current assets:
Cash and cash equivalents	$ 288,260	$ 340,638	$ 133,646
Accounts receivable, net	246,565	184,563	232,478
Finished goods inventories	511,520	444,844	519,416
Prepaid expenses and other current assets	37,260	34,788	31,258
Deferred income taxes	34,895	36,625	38,569
Total current assets	1,118,500	1,041,458	955,367
Property, plant, and equipment, net of accumulated depreciation of $276,230, $245,011, and $245,778	361,305	333,097	332,875
Tradenames and other intangibles, net	311,842	317,297	316,046
Goodwill	176,633	181,975	184,196
Deferred debt issuance costs, net	7,235	6,677	7,043
Other assets	12,525	12,592	11,214
Total assets	1,988,040	1,893,096	1,806,741
Current liabilities:
Accounts payable	173,594	150,243	117,329
Other current liabilities	105,199	97,728	100,473
Total current liabilities	278,793	247,971	217,802
Long-term debt	585,278	586,000	586,000
Deferred income taxes	119,499	121,536	113,173
Other long-term liabilities	161,527	150,905	138,185
Total liabilities	$ 1,145,097	$ 1,106,412	$ 1,055,160
Commitments and contingencies - Note 13
Stockholders' equity:
Preferred stock; par value $.01 per share; 100,000 shares authorized; none issued or outstanding at October 3, 2015, January 3, 2015, and September 27, 2014	$ 0	$ 0	$ 0
Common stock, voting; par value $.01 per share; 150,000,000 shares authorized; 52,076,784, 52,712,193, and 52,977,519 shares issued and outstanding at October 3, 2015, January 3, 2015 and September 27, 2014, respectively	521	527	530
Additional paid-in capital	0	0	0
Accumulated other comprehensive loss	(33,480)	(23,037)	(13,627)
Retained earnings	875,902	809,194	764,678
Total stockholders' equity	842,943	786,684	751,581
Total liabilities and stockholders' equity	$ 1,988,040	$ 1,893,096	$ 1,806,741

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Oct. 03, 2015	Jan. 03, 2015	Sep. 27, 2014
Statement of Financial Position [Abstract]
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 276,230	$ 245,011	$ 245,778
Preferred stock; par value	$ 0.01	$ 0.01	$ 0.01
Preferred stock; shares authorized	100,000	100,000	100,000
Preferred stock; issued	0	0	0
Preferred stock; outstanding	0	0	0
Common stock, voting; par value	$ 0.01	$ 0.01	$ 0.01
Common stock, voting; shares authorized	150,000,000	150,000,000	150,000,000
Common stock voting; shares issued	52,076,784	52,712,193	52,977,519
Common stock voting; shares outstanding	52,076,784	52,712,193	52,977,519

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Income Statement [Abstract]
Net sales	$ 849,806	$ 798,936	$ 2,147,335	$ 2,024,645
Cost of goods sold	502,267	477,730	1,252,849	1,196,237
Gross profit	347,539	321,206	894,486	828,408
Selling, general, and administrative expenses	230,017	221,939	650,496	638,349
Royalty income	(12,699)	(11,190)	(32,688)	(29,276)
Operating income	130,221	110,457	276,678	219,335
Interest expense	6,907	6,843	20,534	20,623
Interest income	(91)	(45)	(385)	(317)
Other (income) expense, net	(622)	1,311	(560)	1,718
Income before income taxes	124,027	102,348	257,089	197,311
Provision for income taxes	44,701	36,462	91,866	71,232
Net income	$ 79,326	$ 65,886	$ 165,223	$ 126,079
Diluted net income per common share	$ 1.52	$ 1.24	$ 3.15	$ 2.36
Dividend declared and paid per common share	1.51	1.23	3.12	2.34
Dividend declared per common share	$ 0.22	$ 0.19	$ 0.66	$ 0.57

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 79,326	$ 65,886	$ 165,223	$ 126,079
Other comprehensive income (loss):
Foreign currency translation adjustments	(4,205)	(3,577)	(10,443)	(3,545)
Comprehensive income	$ 75,121	$ 62,309	$ 154,780	$ 122,534

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - 9 months ended Oct. 03, 2015 - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Retained Earnings [Member]
Balance at Jan. 03, 2015	$ 786,684,000	$ 527,000	$ 0	$ (23,037,000)	$ 809,194,000
Balance (in shares) at Jan. 03, 2015	52,712,193	52,712,193
Income tax benefit from stock-based compensation	$ 7,963,000		7,963,000
Exercise of stock options	5,743,000	$ 2,000	5,741,000
Exercise of stock options (in shares)		169,850
Withholdings from vesting of restricted stock	(12,575,000)	$ (1,000)	(12,574,000)
Withholdings from vesting of restricted stock (in shares)		(146,467)
Restricted stock activity	0	$ 1,000	(1,000)
Restricted stock activity (in shares)		125,300
Stock-based compensation expense	12,209,000	$ 0	12,209,000
Stock Issued During Period, Shares, New Issues		10,933
Stock Issued During Period, Value, New Issues	1,095,000		1,095,000
Repurchase of common stock	(78,339,000)	$ (8,000)	14,433,000		(63,898,000)
Repurchase of common stock (in shares)		(795,025)
Cash dividends declared and paid	(34,617,000)				(34,617,000)
Comprehensive income (loss)	154,780,000			(10,443,000)	165,223,000
Balance at Oct. 03, 2015	$ 842,943,000	$ 521,000	$ 0	$ (33,480,000)	$ 875,902,000
Balance (in shares) at Oct. 03, 2015	52,076,784	52,076,784

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014
Cash flows from operating activities:
Net income	$ 165,223	$ 126,079
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	44,187	42,831
Amortization of tradenames	5,422	14,157
Accretion of contingent consideration	809	900
Amortization of debt issuance costs	1,246	1,144
Non-cash stock-based compensation expense	13,304	13,883
Unrealized foreign currency exchange loss, net	221	0
Income tax benefit from stock-based compensation	(7,963)	(4,356)
Loss on disposal of property, plant, and equipment	80	541
Deferred income taxes	(1,801)	(8,963)
Effect of changes in operating assets and liabilities:
Accounts receivable	(61,108)	(39,133)
Inventories	(73,724)	(104,143)
Prepaid expenses and other assets	(3,144)	2,373
Accounts payable and other liabilities	63,282	(20,386)
Net cash provided by operating activities	146,034	24,927
Cash flows from investing activities:
Capital expenditures	(76,987)	(83,634)
Proceeds from sale of property, plant, and equipment	66	143
Net cash used in investing activities	(76,921)	(83,491)
Cash flows from financing activities:
Payments of debt issuance costs	(1,495)	(145)
Borrowings under secured revolving credit facility	205,586	0
Payments on secured revolving credit facility	205,237	0
Repurchase of common stock	(78,339)	(62,769)
Payment Of Contingent Consideration	7,572	8,901
Dividends paid	(34,617)	(30,453)
Income tax benefit from stock-based compensation	7,963	4,356
Withholdings from vesting of restricted stock	(12,575)	(4,472)
Proceeds from exercise of stock options	5,743	7,771
Net cash used in financing activities	120,543	94,613
Effect of exchange rate changes on cash	(948)	277
Net decrease in cash and cash equivalents	(52,378)	(152,900)
Cash and cash equivalents, beginning of period	340,638	286,546
Cash and cash equivalents, end of period	$ 288,260	$ 133,646

THE COMPANY

THE COMPANY	9 Months Ended
THE COMPANY	Oct. 03, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
THE COMPANY	THE COMPANY Carter’s, Inc. and its wholly owned subsidiaries (collectively, the “Company,” “its,” "us" and "our") design, source, and market branded childrenswear under the Carter’s, Child of Mine, Just One You, Precious Firsts , OshKosh , and other brands. The Company's products are sourced through contractual arrangements with manufacturers worldwide for wholesale distribution to major domestic and international retailers and for the Company's own retail stores and websites that market its brand name merchandise and other licensed products manufactured by other companies. As of October 3, 2015 , the Company operated 577 Carter’s stores in the United States, 232 OshKosh stores in the United States, and 140 stores in Canada.

BASIS OF PREPARATION

BASIS OF PREPARATION	9 Months Ended
BASIS OF PREPARATION	Oct. 03, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PREPARATION	BASIS OF PREPARATION The accompanying unaudited condensed consolidated financial statements include the accounts of Carter's, Inc. and its wholly owned subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (the “SEC”). All intercompany transactions and balances have been eliminated in consolidation. In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all normal and recurring adjustments necessary to state fairly the consolidated financial condition, results of operations, comprehensive income, statement of stockholder’s equity, and cash flows of the Company for the interim periods presented. Except as otherwise disclosed, all such adjustments consist only of those of a normal recurring nature. Operating results for the fiscal quarter and three fiscal quarters ended October 3, 2015 are not necessarily indicative of the results that may be expected for the 2015 fiscal year ending January 2, 2016 . The preparation of these unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ materially from those estimates. The accompanying condensed consolidated balance sheet as of January 3, 2015 was derived from the Company's audited consolidated financial statements included in its most recently filed Annual Report on Form 10-K. Certain information and footnote disclosure normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the rules and regulations of the SEC and the instructions to Form 10-Q. The accounting policies the Company follows are set forth in the Company's Annual Report on Form 10-K for the 2014 fiscal year ended January 3, 2015 . There have been no material changes to these accounting policies, except as disclosed in Note 10, Fair Value Measurements , to update the Company's accounting policy for foreign currency hedging activities. The Company's fiscal year ends on the Saturday in December or January, nearest the last day of December, resulting in an additional week of results every five or six years. As a result, fiscal 2014, which ended on January 3, 2015 , contained 53 weeks. Fiscal 2015, which will end on January 2, 2016, contains 52 weeks. The first, second and third quarters of fiscal 2015 and fiscal 2014 each contained 13 weeks. Unless otherwise noted, "three quarters of fiscal 2015" refers to the first three fiscal quarters of fiscal 2015 covering the period January 4, 2015 through October 3, 2015, and "three quarters of 2014" refers to the first three fiscal quarters of fiscal 2014 covering the period December 29, 2013 through September 27, 2014.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	9 Months Ended
ACCUMULATED OTHER COMPREHENSIVE LOSS	Oct. 03, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS The components, net of applicable income taxes, of accumulated other comprehensive (loss) consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Cumulative foreign currency translation adjustments $ (25,840 ) $ (15,397 ) $ (11,097 ) Pension and post-retirement liability adjustments (7,640 ) (7,640 ) (2,530 ) Total accumulated other comprehensive loss $ (33,480 ) $ (23,037 ) $ (13,627 ) Changes in accumulated other comprehensive loss for the third quarter and three quarters of fiscal 2015 consisted of additional losses for foreign currency translation adjustments of approximately $4.2 million and $10.4 million , respectively. Changes consisted of loss for foreign currency translation adjustments of approximately $3.6 million and $3.5 million for the third quarter and three quarters of fiscal 2014, respectively. During the first, second and third quarters of both fiscal 2015 and fiscal 2014, no amounts were reclassified from accumulated other comprehensive loss to the statement of operations.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS	Oct. 03, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS The Company’s goodwill and other intangible assets were as follows: October 3, 2015 January 3, 2015 (dollars in thousands) Weighted-average useful life Gross amount Accumulated amortization Net amount Gross amount Accumulated amortization Net amount Carter’s goodwill Indefinite $ 136,570 $ — $ 136,570 $ 136,570 $ — $ 136,570 Bonnie Togs goodwill Indefinite 40,063 — 40,063 45,405 — 45,405 Total goodwill $ 176,633 $ — $ 176,633 $ 181,975 $ — $ 181,975 Carter’s tradename Indefinite $ 220,233 $ — $ 220,233 $ 220,233 $ — $ 220,233 OshKosh tradename Indefinite 85,500 — 85,500 85,500 — 85,500 Other tradenames 2-20 years 42,012 35,903 6,109 42,073 30,541 11,532 Total tradenames 347,745 35,903 311,842 347,806 30,541 317,265 Non-compete agreements 4 years 208 208 — 257 225 32 Total tradenames and other intangibles, net $ 347,953 $ 36,111 $ 311,842 $ 348,063 $ 30,766 $ 317,297 September 27, 2014 (dollars in thousands) Weighted-average useful life Gross amount Accumulated amortization Net amount Carter’s goodwill Indefinite $ 136,570 $ — $ 136,570 Bonnie Togs goodwill Indefinite 47,626 — 47,626 Total goodwill $ 184,196 $ — $ 184,196 Carter’s tradename Indefinite $ 220,233 $ — $ 220,233 OshKosh tradename Indefinite 85,500 — 85,500 Other tradenames 2-3 years 38,548 28,286 10,262 Total tradenames 344,281 28,286 315,995 Non-compete agreements 4 years 270 219 51 Total tradenames and other intangibles, net $ 344,551 $ 28,505 $ 316,046 ` The change in the carrying value of the Bonnie Togs goodwill during fiscal 2015 was due solely to changes in foreign currency exchange rates between the Canadian and U.S. dollars that were used for translation in preparing the Company's consolidated financial statements. The Company recorded approximately $1.0 million and $5.4 million in amortization expense for the fiscal quarter and three fiscal quarters ended October 3, 2015 , respectively, and approximately $2.3 million and $14.2 million in amortization expense for the fiscal quarter and three fiscal quarters ended September 27, 2014 , respectively. At October 3, 2015 , the estimated future amortization expense for these assets is approximately $1.0 million for the remainder of fiscal 2015, $1.9 million for fiscal 2016, $0.2 million for each fiscal year 2017, 2018 and 2019, and $2.7 million thereafter.

COMMON STOCK

COMMON STOCK	9 Months Ended
COMMON STOCK	Oct. 03, 2015
Stockholders' Equity Note [Abstract]
COMMON STOCK	COMMON STOCK SHARE REPURCHASES In the second quarter of fiscal 2013, the Company's Board of Directors authorized the repurchase of shares of the Company's stock in an amount up to $300 million , inclusive of amounts remaining under previous authorizations. In the third quarter of fiscal 2013, the Board approved an additional $400 million share repurchase authorization. The total remaining capacity under the repurchase authorizations as of October 3, 2015 was approximately $106.8 million , based on settled repurchase transactions. The authorizations have no expiration date. Open Market Repurchases The Company repurchased and retired shares in open market transactions in the following amounts for the fiscal periods indicated: Fiscal quarter ended Three fiscal quarters ended October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Number of shares repurchased 290,800 367,948 795,025 867,099 Aggregate cost of shares repurchased - in millions $ $ 29.4 $ 26.7 $ 78.3 $ 62.8 Average price per share $ 101.26 $ 72.54 $ 98.54 $ 72.39 Future repurchases may occur from time to time in the open market, in negotiated transactions, or otherwise. The timing and amount of any repurchases will be determined by the Company’s management, based on its evaluation of market conditions, share price, other investment priorities, and other factors. Accelerated Stock Repurchase Program On August 29, 2013 , the Company entered into two fixed-dollar accelerated stock repurchase agreements (the "ASR agreements") totaling $400 million . The ASR agreements were settled in January 2014 . As of the date of settlement, the Company had received a total of approximately 5.6 million shares, of which one million shares were received in January 2014 . All shares received under the ASR agreements were retired upon receipt. DIVIDENDS During the third quarter of fiscal 2015 and fiscal 2014, the Company paid cash dividends per share of $ 0.22 and $ 0.19 , respectively. During the three quarters of fiscal 2015 and fiscal 2014, the Company paid cash dividends per share of $0.66 and $0.57 , respectively. Future declarations of dividends and the establishment of future record and payment dates are at the discretion of the Company's Board of Directors and based on a number of factors including the Company's future financial performance and other investment priorities. Provisions in the The William Carter Company's ("TWCC") indenture governing its senior notes and in TWCC's amended secured revolving credit facility could have the effect of restricting the Company's ability to pay future cash dividends on, or make future repurchases of, its common stock. Provisions related to the indenture governing the senior notes are described in the Company's Annual Report on Form 10-K for the 2014 fiscal year ended January 3, 2015. The Company's secured revolving credit facility was amended in September 2015 as described in the following note to these unaudited condensed consolidated financial statements.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
LONG-TERM DEBT	Oct. 03, 2015
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Senior notes $ 400,000 $ 400,000 $ 400,000 Secured revolving credit facility 185,278 186,000 186,000 Total long-term debt $ 585,278 $ 586,000 $ 586,000 Amended and Restated Credit Facility On September 16, 2015 , the Company and a syndicate of lenders amended and restated the secured revolving credit facility (the "amended revolving credit facility") to , among other things: (i) refinance the Company's existing credit facility in order to achieve better pricing terms, and (ii) provide additional liquidity to be used for ongoing working capital purposes and for general corporate purposes. The aggregate principal amount of the amended revolving credit facility was increased from $375 million to $500 million to provide for (i) a $400 million U.S. dollar revolving facility (including a $175 million sub-limit for letters of credit and a swing line sub-limit of $50 million ) available for borrowings by TWCC and (ii) a $100 million multicurrency revolving facility (including a $40 million sub-limit for letters of credit and a swing line sub-limit of $15 million ), available for borrowing by TWCC and certain other subsidiaries of TWCC, in U.S. dollars, Canadian dollars, Euros, Pounds Sterling, or other currencies agreed to by the applicable lenders. The Company's consolidated statement of cash flows shows the following gross sources and uses of financing cash flows related to the Company's revolving credit facility during fiscal 2015. In the first quarter, the Company replaced $20.0 million of outstanding borrowings under the then-existing amended revolving credit facility with CAD 25.5 million of borrowings, which approximated $20.3 million. Additionally, because of a change in the lead administrative agent and certain changes in commitment amounts among the lenders in the syndication, the third quarter amendment to the Company's secured revolving credit facility led to the repayment and simultaneous re-borrowing of the then-outstanding balance on the secured revolving credit agreement of approximately $185.2 million . In connection with the amendment, the Company incurred approximately $1.7 million in debt issuance costs during the third quarter of fiscal 2015, of which approximately $1.5 million was paid during the third fiscal quarter of 2015. These newly-incurred debt issuance costs, together with certain existing unamortized debt issuance costs, are being amortized over the remaining term of the amended revolving credit facility ( five years). The amended revolving credit facility matures September 16, 2020 . As of October 3, 2015, the interest rate margins applicable to the amended revolving credit facility were 1.375% for LIBOR (London Interbank Offered Rate) rate loans (which may be adjusted based on a leverage-based pricing grid ranging from 1.125% to 1.875% ) and 0.375% for base rate loans (which may be adjusted based on a leverage-based pricing grid ranging from 0.125% to 0.875% ) . As of October 3, 2015 , the Company had approximately $185.3 million in outstanding borrowings under its amended revolving credit facility, exclusive of $9.9 million of outstanding letters of credit. As of October 3, 2015 , there was approximately $304.9 million available for future borrowing. As of October 3, 2015 , U.S. dollar borrowings outstanding under the amended revolving credit facility accrued interest at a LIBOR rate plus the applicable base rate , which was equal to 1.58% on that date, and Canadian dollar borrowings accrued interest at a CDOR (Canadian Dollar Offered Rate ) plus the applicable base rate, which was equal to 2.14% on that date. Subject to certain customary exceptions, the amended revolving credit facility contains covenants that restrict the Company's ability to, among other things: (i) create or incur liens, debt, guarantees or other investments, (ii) engage in mergers and consolidations, (iii) pay dividends or other distributions to, and redemptions and repurchases from, equity holders, (iv) prepay, redeem or repurchase subordinated or junior debt, (v) amend organizational documents, and (vi) engage in certain transactions with affiliates. The amended revolving credit facility also contains affirmative financial covenants. Specifically, the Company will not (i) permit at the end of any four consecutive fiscal quarters the Lease Adjusted Leverage Ratio (defined as, with certain adjustments, the ratio of the Company's consolidated indebtedness plus six times rent expense, as defined, to consolidated net income before interest, taxes, depreciation, amortization, and rent expense (" EBITDAR ")) to exceed 4.00:1.00 (provided, however, that if any "Material Acquisition" shall occur and the Lease Adjusted Leverage Ratio on a pro forma basis giving effect to the consummation of the Material Acquisition shall be less than 4.00:1.00, then the maximum Lease Adjusted Leverage Ratio may be increased to 4.50:1.00 for the fiscal quarter in which such Material Acquisition is consummated and the three fiscal quarters immediately following the fiscal quarter in which such Material Acquisition shall occur) or (ii) permit at the end of any four consecutive fiscal quarters the Consolidated Fixed Charge Coverage Ratio (defined as, with certain adjustments, the ratio of consolidated EBITDAR to consolidated fixed charges (defined as interest plus rent expense)), for any such period to be less than 2.25:1.00 (provided, however, that if any Material Acquisition shall occur and the Consolidated Fixed Charge Coverage Ratio on a pro forma basis giving effect to the consummation of the Material Acquisition shall be at least 2.25:1.00, then the minimum Consolidated Fixed Charge Coverage Ratio may be decreased to 2.00:1.00 for the fiscal quarter in which such Material Acquisition is consummated and the three fiscal quarters immediately following the fiscal quarter in which such Material Acquisition shall occur). The amended revolving credit facility also provides that certain covenants fall away and that the liens over the collateral securing each of the Company and certain subsidiaries' collective obligations are released following, among other things, the achievement of, and during the maintenance of, investment grade ratings by Moody's Investor Services, Inc. and Standard & Poor's Ratings Services. The amended revolving credit facility also provides for incremental facilities in an aggregate amount not to exceed $250 million , either in the form of a commitment increase under the existing credit facility or the incurrence of one or more tranches of term loans (with the aggregate U.S. dollar amount available to the Company not to exceed $200 million and the aggregate multicurrency amount available not to exceed $50 million ). As of October 3, 2015 , the Company was in compliance with the financial and other covenants under the amended revolving credit facility. Senior Notes As of October 3, 2015 , TWCC, a 100% owned subsidiary of Carter's, Inc., had outstanding $400 million principal amount of senior notes bearing interest at a fixed rate of 5.25% per annum and maturing on August 15, 2021. The senior notes are unsecured and are fully and unconditionally guaranteed by Carter's, Inc. and certain subsidiaries of TWCC.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
STOCK-BASED COMPENSATION	Oct. 03, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION The Company recorded stock-based compensation cost as follows: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Stock options $ 1,015 $ 1,039 $ 3,359 $ 3,498 Restricted stock: Time-based awards 1,599 1,576 5,294 5,215 Performance-based awards 1,130 1,439 3,556 4,089 Stock awards — — 1,095 1,081 Total $ 3,744 $ 4,054 $ 13,304 $ 13,883 All stock-based compensation expense was reflected as a component of selling, general, and administrative expenses.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	9 Months Ended
EMPLOYEE BENEFIT PLANS	Oct. 03, 2015
Compensation and Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS The Company maintains a defined contribution plan and two defined benefit plans. The two defined benefit plans include the OshKosh B'Gosh pension plan and a post-retirement life and medical plan. OSHKOSH B'GOSH PENSION PLAN The net periodic pension (benefit) cost included in the statement of operations was comprised of: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Interest cost $ 623 $ 622 $ 1,869 $ 1,866 Expected return on plan assets (785 ) (798 ) (2,355 ) (2,394 ) Recognized actuarial loss 161 21 483 63 Net periodic pension (benefit) cost $ (1 ) $ (155 ) $ (3 ) $ (465 ) POST-RETIREMENT LIFE AND MEDICAL PLAN The components of post-retirement benefit expense charged to the statement of operations were as follows: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Service cost – benefits attributed to service during the period $ 32 $ 28 $ 96 $ 84 Interest cost on accumulated post-retirement benefit obligation 45 57 135 171 Amortization net actuarial gain (48 ) (52 ) (144 ) (156 ) Curtailment gain — (22 ) — (66 ) Total net periodic post-retirement benefit cost $ 29 $ 11 $ 87 $ 33

INCOME TAXES

INCOME TAXES	9 Months Ended
INCOME TAXES	Oct. 03, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES During the first quarter of fiscal 2015 , the Company recognized prior-year income tax benefits of approximately $1.8 million due to a favorable settlement of an IRS audit of fiscal 2011, 2012 and 2013, in addition to a favorable settlement of a state income tax audit. These settlements have decreased the Company's effective tax rate during fiscal 2015 compared to fiscal 2014 . As of October 3, 2015 , the Company had gross unrecognized income tax benefits of approximately $9.6 million , of which $6.6 million , if ultimately recognized, may affect the Company’s effective tax rate in the periods settled. The Company has recorded tax positions for which the ultimate deductibility is more likely than not, but for which there is uncertainty about the timing of such deductions. Included in the reserves for unrecognized tax benefits at October 3, 2015 are approximately $1.5 million of reserves for which the statute of limitations is expected to expire within the next fiscal year. If these tax benefits are ultimately recognized, such recognition, net of federal income taxes, may affect the annual effective tax rate for fiscal 2015 or fiscal 2016 along with the effective tax rate in the quarter in which the benefits are recognized. The Company recognizes interest related to unrecognized tax benefits as a component of interest expense and recognizes penalties related to unrecognized tax benefits as a component of income tax expense. During the fiscal quarter and three fiscal quarters ended October 3, 2015 and September 27, 2014 , interest expense recorded on uncertain tax positions was not significant. The Company had approximately $0.9 million , $0.9 million , and $0.9 million of interest accrued on uncertain tax positions as of October 3, 2015 , January 3, 2015 , and September 27, 2014 , respectively.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
FAIR VALUE MEASUREMENTS	Oct. 03, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS INVESTMENTS The Company invests in marketable securities, principally equity-based mutual funds, to mitigate the risk associated with the investment return on employee deferrals of compensation. All of the marketable securities owned by the Company are included in other assets on the Company's consolidated balance sheet. The Company had approximately $7.5 million , $7.6 million , and $6.9 million of such Level 1 investments as of October 3, 2015 , January 3, 2015 , and September 27, 2014 , respectively. Losses on the investments in marketable securities were $0.4 million for the fiscal third quarter and $0.1 million for the three fiscal quarters ended October 3, 2015 . These amounts are included in Other (income) expense, net on the Company's consolidated statement of operations. Gains on the investments in marketable securities were not material for the fiscal quarter and three fiscal quarters ended September 27, 2014 . FOREIGN CURRENCY CONTRACTS As part of the Company's overall strategy to manage the level of exposure to the risk of foreign currency exchange rate fluctuations, primarily between the U.S. dollar and Canadian dollar, the Company's Canadian subsidiary may use currency contracts to hedge purchases that are made in U.S. dollars, primarily for inventory. As part of this hedging strategy, the Company uses foreign currency forward exchange contracts that have maturities of less than 12 months to provide continuing coverage throughout the hedging period. As currently designed, the Company's contracts are not designated for hedge accounting treatment, and therefore changes in the fair value of these contracts are recorded in Other (income) expense, net in the Company's consolidated statement of operations. Such foreign currency gains and losses include the mark-to-market fair value adjustments at the end of each reporting period related to open contracts, as well as any realized gains and losses on contracts settled during the reporting period. Fair values are calculated by using readily observable market inputs (market-quoted currency exchange rates in effect between U.S. and Canadian dollars), classified as Level 2 within the fair value hierarchy, and included in other current assets or other current liabilities on the Company's consolidated balance sheet. On the consolidated statement of cash flows, it is the Company's policy to include all activity, including cash settlement of the contracts, as a component of cash flows from operations. At October 3, 2015 , t he fair values of the open contracts approximated $1.5 million and are included in the Company's consolidated balance sheet within prepaid expenses and other current assets and the notional value was approximately $60.0 million . During the three quarters of fiscal 2015, the Company recorded unrealized gains of approximately $1.5 million related to the mark-to-market adjustments. Such amounts were not material during the third quarter of fiscal 2015. The Company recorded realized gains of approximately $1.6 million and $1.9 million for contracts settled during the third quarter of fiscal 2015 and the three quarters of fiscal 2015, respectively. These amounts are included in Other (income) expense, net on the Company's consolidated statement of operations. The Company did not apply hedge accounting treatment on any of these foreign currency contracts. During the first quarter of fiscal 2015 and in fiscal 2014, the Company did not utilize foreign exchange contracts. CONTINGENT CONSIDERATION The following table summarizes the changes in the contingent consideration liability related to the Company's 2011 acquisition of Bonnie Togs: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Balance at the beginning of period $ 9,022 $ 16,848 $ 7,711 $ 16,348 Payments made (8,568 ) (8,901 ) (8,568 ) (8,901 ) Accretion — 444 809 900 Foreign currency translation adjustment (454 ) (762 ) (1,029 ) (718 ) Final contingent adjustment — — 1,077 — Balance at the end of period $ — $ 7,629 $ — $ 7,629 The final payment under the earn-out obligation was paid during the third quarter of fiscal 2015, and at October 3, 2015 , there was no remaining liability. For this final payment that approximated $8.6 million , approximately $7.6 million is reported in the Company's consolidated statement of cash flows as a financing activity and the remaining portion, which represents the contingency adjustment recognized in the second quarter of fiscal 2015, is reported as an operating activity. In prior periods, the Company determined the fair value (Level 3 in the fair value hierarchy) of the contingent consideration based upon a probability-weighted discounted cash flow analysis that reflected a high probability that the earnings targets would be met, and a discount rate of 18% . BORROWINGS As of October 3, 2015 , the fair value of the Company's $185.3 million in outstanding borrowings under its secured revolving credit facility approximated carrying value. The fair value of the Company's senior notes at October 3, 2015 was approximately $408.0 million . The fair value of these senior notes with a notional value and carrying value of $400 million was estimated by obtaining market quotes given the trade levels of other bonds of the same general issuer type and market-perceived credit quality, and is therefore within Level 2 of the fair value hierarchy.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
EARNINGS PER SHARE	Oct. 03, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding: Fiscal quarter ended Three fiscal quarters ended October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Weighted-average number of common and common equivalent shares outstanding: Basic number of common shares outstanding 51,740,523 52,356,122 51,960,041 52,788,217 Dilutive effect of equity awards 507,815 470,842 512,861 476,893 Diluted number of common and common equivalent shares outstanding 52,248,338 52,826,964 52,472,902 53,265,110 Basic net income per common share (in thousands, except per share data): Net income $ 79,326 $ 65,886 $ 165,223 $ 126,079 Income allocated to participating securities (675 ) (887 ) (1,557 ) (1,706 ) Net income available to common shareholders $ 78,651 $ 64,999 $ 163,666 $ 124,373 Basic net income per common share $ 1.52 $ 1.24 $ 3.15 $ 2.36 Diluted net income per common share (in thousands, except per share data): Net income $ 79,326 $ 65,886 $ 165,223 $ 126,079 Income allocated to participating securities (669 ) (880 ) (1,545 ) (1,695 ) Net income available to common shareholders $ 78,657 $ 65,006 $ 163,678 $ 124,384 Diluted net income per common share $ 1.51 $ 1.23 $ 3.12 $ 2.34 Anti-dilutive shares excluded from dilutive earnings per share computation 177,300 234,700 180,000 265,000

OTHER CURRENT AND LONG-TERM LIA

OTHER CURRENT AND LONG-TERM LIABILITIES	9 Months Ended
OTHER CURRENT AND LONG-TERM LIABILITIES	Oct. 03, 2015
Other Liabilities Disclosure [Abstract]
OTHER CURRENT AND LONG-TERM LIABILITIES	OTHER CURRENT AND LONG-TERM LIABILITIES Other current liabilities consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Accrued bonuses and incentive compensation $ 12,574 $ 18,875 $ 11,793 Contingent consideration — 7,711 7,629 Income taxes payable 25,902 692 19,609 Accrued workers' compensation 1,840 2,662 2,853 Accrued interest 2,771 8,106 2,746 Accrued sales and use taxes 7,421 5,318 8,037 Accrued salaries and wages 9,615 3,576 2,968 Accrued gift certificates 9,356 10,100 8,863 Accrued employee benefits 10,102 17,132 11,481 Accrued and deferred rent 12,286 11,879 10,981 Other current liabilities 13,332 11,677 13,513 Total $ 105,199 $ 97,728 $ 100,473 Other long-term liabilities consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Deferred lease incentives $ 70,778 $ 67,205 $ 65,731 Accrued and deferred rent 47,554 40,656 38,812 Accrued workers' compensation 6,016 4,717 4,270 OshKosh pension plan 11,029 11,031 3,303 Unrecognized tax benefits 10,540 12,230 12,928 Post-retirement life and medical plan 4,731 4,731 5,458 Deferred compensation 8,932 8,388 7,578 Other 1,947 1,947 105 Total $ 161,527 $ 150,905 $ 138,185

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
COMMITMENTS AND CONTINGENCIES	Oct. 03, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES The Company is subject to various claims and pending or threatened lawsuits in the normal course of business. The Company is not currently a party to any legal proceedings that it believes would have a material adverse impact on its financial position, results of operations, or cash flows.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
SEGMENT INFORMATION	Oct. 03, 2015
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The table below presents certain information for our reportable segments and unallocated corporate expenses for the periods indicated: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, % of September 27, % of October 3, % of September 27, % of Net sales : Carter’s Wholesale $ 343,555 40.4 % $ 309,772 38.8 % $ 824,600 38.4 % $ 781,460 38.6 % Carter’s Retail (a) 294,928 34.7 % 281,455 35.2 % 799,635 37.2 % 745,473 36.8 % Total Carter’s (U.S.) 638,483 75.1 % 591,227 74.0 % 1,624,235 75.6 % 1,526,933 75.4 % OshKosh Retail (a) 98,292 11.6 % 91,427 11.4 % 244,787 11.4 % 222,500 11.0 % OshKosh Wholesale 18,794 2.2 % 25,107 3.1 % 49,151 2.3 % 52,342 2.6 % Total OshKosh (U.S.) 117,086 13.8 % 116,534 14.5 % 293,938 13.7 % 274,842 13.6 % International (b) 94,237 11.1 % 91,175 11.5 % 229,162 10.7 % 222,870 11.0 % Total net sales $ 849,806 100.0 % $ 798,936 100.0 % $ 2,147,335 100.0 % $ 2,024,645 100.0 % Operating income (loss) : % of Segment Net Sales % of Segment Net Sales % of % of Carter’s Wholesale $ 74,347 21.6 % $ 55,762 18.0 % $ 172,485 20.9 % $ 133,489 17.1 % Carter’s Retail (a) 51,733 17.5 % 54,501 19.4 % 134,557 16.8 % 137,659 18.5 % Total Carter’s (U.S.) 126,080 19.7 % 110,263 18.6 % 307,042 18.9 % 271,148 17.8 % OshKosh Retail (a) 6,171 6.3 % 5,300 5.8 % 3,396 1.4 % (883 ) (0.4 )% OshKosh Wholesale 4,487 23.9 % 2,240 8.9 % 9,715 19.8 % 5,125 9.8 % Total OshKosh (U.S.) 10,658 9.1 % 7,540 6.5 % 13,111 4.5 % 4,242 1.5 % International (b) (c) 18,220 19.3 % 15,896 17.4 % 30,967 13.5 % 27,039 12.1 % Corporate expenses (d) (e) (24,737 ) (23,242 ) (74,442 ) (83,094 ) Total operating income $ 130,221 15.3 % $ 110,457 13.8 % $ 276,678 12.9 % $ 219,335 10.8 % (a) Includes eCommerce results. (b) Net sales include international retail, eCommerce, and wholesale sales. Operating income includes international licensing income. (c) Includes charges associated with the revaluation of the Company's contingent consideration related to the Company's 2011 acquisition of Bonnie Togs of approximately $1.9 million for the three-fiscal-quarter period ended October 3, 2015 , and $0.4 million and $0.9 million for the fiscal quarter and the three-fiscal-quarter period ended September 27, 2014 , respectively. Also includes expenses of approximately $0.5 million for the three quarters of fiscal 2014 related to the Company's 2014 exit from Japan retail operations. (d) Corporate expenses include expenses related to incentive compensation, stock-based compensation, executive management, severance and relocation, finance, building occupancy, information technology, certain legal fees, consulting, and audit fees. (e) Includes the following charges: Fiscal quarter ended Three fiscal quarters ended (dollars in millions) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Closure of distribution facility in Hogansville, GA (1) $ — $ 0.2 $ — $ 0.9 Office consolidation costs $ — $ — $ — $ 6.6 Amortization of tradenames $ 1.0 $ 2.3 $ 5.4 $ 14.2 (1) Continuing operating costs associated with the closure of the Company's distribution facility in Hogansville, Georgia. This facility was sold in December 2014.

FACILITY CLOSURE

FACILITY CLOSURE	9 Months Ended
FACILITY CLOSURE	Oct. 03, 2015
Restructuring and Related Activities [Abstract]
FACILITY CLOSURE	FACILITY CLOSURES OFFICE CONSOLIDATION In 2013 and 2014, the Company consolidated its Shelton, Connecticut and Atlanta, Georgia offices, as well as certain functions from its other offices, into a new headquarters facility in Atlanta, Georgia. During the first and second quarter of fiscal 2014, approximately $2.0 million and $4.6 million of expense, respectively, were incurred related to the office consolidation project and recorded in SG&A expense. No such expenses were incurred during the third quarter of fiscal 2014, or during the three quarters of fiscal 2015. No additional expenses are expected to be incurred in the future. The following table summarizes the restructuring reserves related to the office consolidation as of October 3, 2015 : (dollars in millions) Severance Other closure costs Total Balance at January 3, 2015 $ 0.8 $ 2.8 $ 3.6 Payments during fiscal 2015 (0.5 ) (0.6 ) (1.1 ) Balance at October 3, 2015 $ 0.3 $ 2.2 $ 2.5 The severance reserve is included in other current liabilities and other closure costs are included in other short-term liabilities and other long-term liabilities in the accompanying unaudited condensed consolidated balance sheet. The Company has completed its consolidation efforts. At September 27, 2014 , restructuring reserves were approximately $4.3 million . JAPAN RETAIL OPERATIONS In 2013, the Company made the decision to exit retail operations in Japan based on revised forecasts that did not meet the Company's investment objectives. In connection with the plan to exit these operations, during the first two quarters of fiscal 2014 the Company recorded the following approximate amounts in selling, general and administrative expenses: $0.9 million of accelerated depreciation and $0.6 million in severance and other net costs. Also during the first two quarters of fiscal 2014, a recovery of approximately $1.0 million was recorded in cost of goods sold related to a favorable recovery on inventory. No such costs or recoveries were incurred during the third quarter of fiscal 2014. There were no exit costs or recoveries related to the former Japan operations during the three quarters of fiscal 2015 , and no additional costs are expected in the future.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
RECENT ACCOUNTING PRONOUNCEMENTS	Oct. 03, 2015
Accounting Policies [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS Revenue Recognition In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) , which clarifies the principles for recognizing revenue. The guidance is applicable to all contracts with customers regardless of industry-specific or transaction-specific fact patterns. Further, the guidance requires improved disclosures as well as additional disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. The standard is effective for the Company beginning in the first quarter of fiscal 2018, including interim periods within that first fiscal year, and early adoption is now permitted for 2017. Upon becoming effective, the Company will apply the amendments in the updated standard either retrospectively to each prior reporting period presented, or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application. The Company is currently evaluating the impact of adopting this standard on its consolidated financial position, results of operations, and cash flows. Since the original issuance of ASU 2014-09, the FASB has issued several amendments to this guidance, and additional amendments are currently being considered by the FASB. Presentation of Debt Issuance Costs for Term Debt In April 2015, the FASB issued Accounting Standard Update 2015-03, Simplifying the Presentation of Debt Issuance Costs ("ASU 2015-03"). Upon adoption , ASU 2015-03 will require debt issuance costs associated with outstanding term debt to be presented in the balance sheet as a direct reduction in the carrying value of the associated debt liability, consistent with the current presentation of a debt discount. For fees paid to lenders to secure revolving lines of credit, such fees will continue to be presented as a deferred charge (asset) on the balance sheet, as clarified in August 2015 by the FASB's issuance of ASU 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements . Under current guidance prior to ASU 2015-03, all debt issuance costs, for both term debt and revolving lines of credit, are presented in the balance sheet as a deferred charge (asset). ASU 2015-03 is limited to the presentation of debt issuance costs and will not affect the recognition and measurement of debt issuance costs. Upon adoption, ASU 2015-03 must be applied on a retrospective basis and is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Early adoption is permitted. Since ASU 2015-03 involves balance sheet presentation only, its adoption will not have any impact on the Company's results of operations, financial condition, or cash flows. Simplified Measurement Date for Defined Benefit Plan Assets and Obligations In April 2015, the FASB issued Accounting Standard Update 2015-04, Practical Expedient for the Measurement Date of an Employer's Defined Benefit Obligation and Plan Assets ("ASU 2015-04"). Upon adoption, ASU 2015-04 will allow employers with fiscal year ends that do not coincide with a calendar month end to make an accounting policy election to measure defined benefit plan assets and obligations as of the end of the month closest to their fiscal year ends (i.e., on an alternative measurement date). An employer that makes this election must consistently apply the practical expedient from year to year and to all of its defined benefit plans. ASU 2015-04 will be effective for interim and fiscal periods beginning after December 15, 2015; prospective application is required and early adoption is permitted. The Company plans to adopt ASU 2015-04 at the beginning of fiscal 2016 and the Company does not expect the adoption to have a material impact on the Company's benefit plans or the Company's results of operations, financial condition, or cash flows. Simplified Subsequent Measurement of Inventory In July 2015, the FASB issue Accounting Standard Update 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory ("ASU 2015-11"). Upon adoption by an entity, ASU 2015-11 will simplify the subsequent measurement of inventory by replacing the current lower of cost or market test with a lower of cost and net realizable value test. The new guidance applies only to inventories for which cost is determined by methods other than last-in-first-out (LIFO) and the retail inventory method. For inventory within the scope of ASU 2015-11, entities will be required to compare the cost of inventory to only one measure, its net realizable value, and not the three measures required by current guidance ("market," "subject to a floor," and a "ceiling"). When evidence exists that the net realizable value of inventory is less than its cost (due to damage, physical deterioration, obsolescence, changes in price levels or other causes), entities will recognize the difference as a loss in earnings in the period in which it occurs. ASU 2015-11 is effective for public entities for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Early adoption is permitted. At this time, the Company does not believe the adoption of ASU 2015-11 will have a material impact on its consolidated financial condition, results of operations, or cash flows.

GUARANTOR CONDENSED CONSOLIDATI

GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	9 Months Ended
GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	Oct. 03, 2015
Condensed Income Statements, Captions [Line Items]
Condensed Income Statement [Table Text Block]	For the fiscal quarter ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 539,181 $ 427,028 $ 71,068 $ (187,471 ) $ 849,806 Cost of goods sold — 380,427 263,009 39,180 (180,349 ) 502,267 Gross profit — 158,754 164,019 31,888 (7,122 ) 347,539 Selling, general, and administrative expenses — 49,317 169,379 20,708 (9,387 ) 230,017 Royalty income — (9,175 ) (5,983 ) — 2,459 (12,699 ) Operating income (loss) — 118,612 623 11,180 (194 ) 130,221 Interest expense — 6,754 1,318 169 (1,334 ) 6,907 Interest income — (1,400 ) — (25 ) 1,334 (91 ) (Income) loss in subsidiaries (79,326 ) (1,645 ) (3,904 ) — 84,875 — Other expense (income), net — 251 (269 ) (604 ) — (622 ) Income (loss) before income taxes 79,326 114,652 3,478 11,640 (85,069 ) 124,027 Provision for income taxes — 35,132 6,098 3,471 — 44,701 Net income (loss) $ 79,326 $ 79,520 $ (2,620 ) $ 8,169 $ (85,069 ) $ 79,326 Condensed Consolidating Statements of Operations (unaudited) For the fiscal quarter ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 539,181 $ 427,028 $ 71,068 $ (187,471 ) $ 849,806 Cost of goods sold — 380,427 263,009 39,180 (180,349 ) 502,267 Gross profit — 158,754 164,019 31,888 (7,122 ) 347,539 Selling, general, and administrative expenses — 49,317 169,379 20,708 (9,387 ) 230,017 Royalty income — (9,175 ) (5,983 ) — 2,459 (12,699 ) Operating income (loss) — 118,612 623 11,180 (194 ) 130,221 Interest expense — 6,754 1,318 169 (1,334 ) 6,907 Interest income — (1,400 ) — (25 ) 1,334 (91 ) (Income) loss in subsidiaries (79,326 ) (1,645 ) (3,904 ) — 84,875 — Other expense (income), net — 251 (269 ) (604 ) — (622 ) Income (loss) before income taxes 79,326 114,652 3,478 11,640 (85,069 ) 124,027 Provision for income taxes — 35,132 6,098 3,471 — 44,701 Net income (loss) $ 79,326 $ 79,520 $ (2,620 ) $ 8,169 $ (85,069 ) $ 79,326 For the fiscal quarter ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 523,572 $ 410,161 $ 66,731 $ (201,528 ) $ 798,936 Cost of goods sold — 372,575 248,442 39,513 (182,800 ) 477,730 Gross profit — 150,997 161,719 27,218 (18,728 ) 321,206 Selling, general, and administrative expenses — 54,524 154,631 20,618 (7,834 ) 221,939 Royalty income — (8,607 ) (5,628 ) — 3,045 (11,190 ) Operating income (loss) — 105,080 12,716 6,600 (13,939 ) 110,457 Interest expense — 6,841 1,298 145 (1,441 ) 6,843 Interest income — (1,465 ) — (21 ) 1,441 (45 ) (Income) loss in subsidiaries (65,886 ) (5,451 ) (3,256 ) — 74,593 — Other (income) expense, net — (89 ) 93 1,307 — 1,311 Income (loss) before income taxes 65,886 105,244 14,581 5,169 (88,532 ) 102,348 Provision for income taxes — 25,419 9,648 1,395 — 36,462 Net income (loss) $ 65,886 $ 79,825 $ 4,933 $ 3,774 $ (88,532 ) $ 65,886 For the three fiscal quarters ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 1,269,456 $ 1,057,542 $ 164,894 $ (467,247 ) $ 2,024,645 Cost of goods sold — 913,112 624,036 95,317 (436,228 ) 1,196,237 Gross profit — 356,344 433,506 69,577 (31,019 ) 828,408 Selling, general, and administrative expenses — 144,119 454,600 64,020 (24,390 ) 638,349 Royalty income — (22,584 ) (13,823 ) — 7,131 (29,276 ) Operating income (loss) — 234,809 (7,271 ) 5,557 (13,760 ) 219,335 Interest expense — 20,620 3,909 189 (4,095 ) 20,623 Interest income — (4,386 ) — (26 ) 4,095 (317 ) (Income) loss in subsidiaries (126,079 ) 25,344 (10,034 ) — 110,769 — Other (income) expense, net — (224 ) 208 1,734 — 1,718 Income (loss) before income taxes 126,079 193,455 (1,354 ) 3,660 (124,529 ) 197,311 Provision for income taxes — 53,616 15,569 2,047 — 71,232 Net income (loss) $ 126,079 $ 139,839 $ (16,923 ) $ 1,613 $ (124,529 ) $ 126,079 For the three fiscal quarters ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 1,336,785 $ 1,137,585 $ 170,826 $ (497,861 ) $ 2,147,335 Cost of goods sold — 932,937 699,769 96,788 (476,645 ) 1,252,849 Gross profit — 403,848 437,816 74,038 (21,216 ) 894,486 Selling, general, and administrative expenses — 133,733 484,278 62,208 (29,723 ) 650,496 Royalty income — (24,555 ) (14,462 ) — 6,329 (32,688 ) Operating income (loss) — 294,670 (32,000 ) 11,830 2,178 276,678 Interest expense — 20,189 3,994 425 (4,074 ) 20,534 Interest income — (4,402 ) — (57 ) 4,074 (385 ) (Income) loss in subsidiaries (165,223 ) 31,055 (7,466 ) — 141,634 — Other expense (income), net — 56 (106 ) (510 ) — (560 ) Income (loss) before income taxes 165,223 247,772 (28,422 ) 11,972 (139,456 ) 257,089 Provision for income taxes — 84,727 3,211 3,928 — 91,866 Net income (loss) $ 165,223 $ 163,045 $ (31,633 ) $ 8,044 $ (139,456 ) $ 165,223
GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	Condensed Consolidating Statements of Comprehensive Income (unaudited) For the fiscal quarter ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 79,326 $ 79,520 $ (2,620 ) $ 8,169 $ (85,069 ) $ 79,326 Foreign currency translation adjustments (4,205 ) (4,205 ) (69 ) (4,205 ) 8,479 (4,205 ) Comprehensive income (loss) $ 75,121 $ 75,315 $ (2,689 ) $ 3,964 $ (76,590 ) $ 75,121 For the fiscal quarter ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 65,886 $ 79,825 $ 4,933 $ 3,774 $ (88,532 ) $ 65,886 Foreign currency translation adjustments (3,577 ) (3,577 ) (7 ) (3,577 ) 7,161 (3,577 ) Comprehensive income (loss) $ 62,309 $ 76,248 $ 4,926 $ 197 $ (81,371 ) $ 62,309 For the three fiscal quarters ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 165,223 $ 163,045 $ (31,633 ) $ 8,044 $ (139,456 ) $ 165,223 Foreign currency translation adjustments (10,443 ) (10,443 ) (38 ) (10,443 ) 20,924 (10,443 ) Comprehensive income (loss) $ 154,780 $ 152,602 $ (31,671 ) $ (2,399 ) $ (118,532 ) $ 154,780 For the three fiscal quarters ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 126,079 $ 139,839 $ (16,923 ) $ 1,613 $ (124,529 ) $ 126,079 Foreign currency translation adjustments (3,545 ) (3,545 ) (140 ) (3,545 ) 7,230 (3,545 ) Comprehensive income (loss) $ 122,534 $ 136,294 $ (17,063 ) $ (1,932 ) $ (117,299 ) $ 122,534

ACCUMULATED OTHER COMPREHENSI25

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	9 Months Ended
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	Oct. 03, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Loss	accumulated other comprehensive (loss) consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Cumulative foreign currency translation adjustments $ (25,840 ) $ (15,397 ) $ (11,097 ) Pension and post-retirement liability adjustments (7,640 ) (7,640 ) (2,530 ) Total accumulated other comprehensive loss $ (33,480 ) $ (23,037 ) $ (13,627 ) Changes in accumulated other comprehensive loss for the third quarter and three quarters of fiscal 2015 consisted of additional losses for foreign currency translation adjustments of approximately $4.2 million and $10.4 million , respectively. Changes consisted of loss for foreign currency translation adjustments of approximately $3.6 million and $3.5 million for the third quarter and three quarters of fiscal 2014, respectively. During the first, second and third quarters of both fiscal 2015 and fiscal 2014, no amounts were reclassified from accumulated other comprehensive loss to the statement of operations.

GOODWILL AND OTHER INTANGIBLE26

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	Oct. 03, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Table	The Company’s goodwill and other intangible assets were as follows: October 3, 2015 January 3, 2015 (dollars in thousands) Weighted-average useful life Gross amount Accumulated amortization Net amount Gross amount Accumulated amortization Net amount Carter’s goodwill Indefinite $ 136,570 $ — $ 136,570 $ 136,570 $ — $ 136,570 Bonnie Togs goodwill Indefinite 40,063 — 40,063 45,405 — 45,405 Total goodwill $ 176,633 $ — $ 176,633 $ 181,975 $ — $ 181,975 Carter’s tradename Indefinite $ 220,233 $ — $ 220,233 $ 220,233 $ — $ 220,233 OshKosh tradename Indefinite 85,500 — 85,500 85,500 — 85,500 Other tradenames 2-20 years 42,012 35,903 6,109 42,073 30,541 11,532 Total tradenames 347,745 35,903 311,842 347,806 30,541 317,265 Non-compete agreements 4 years 208 208 — 257 225 32 Total tradenames and other intangibles, net $ 347,953 $ 36,111 $ 311,842 $ 348,063 $ 30,766 $ 317,297 September 27, 2014 (dollars in thousands) Weighted-average useful life Gross amount Accumulated amortization Net amount Carter’s goodwill Indefinite $ 136,570 $ — $ 136,570 Bonnie Togs goodwill Indefinite 47,626 — 47,626 Total goodwill $ 184,196 $ — $ 184,196 Carter’s tradename Indefinite $ 220,233 $ — $ 220,233 OshKosh tradename Indefinite 85,500 — 85,500 Other tradenames 2-3 years 38,548 28,286 10,262 Total tradenames 344,281 28,286 315,995 Non-compete agreements 4 years 270 219 51 Total tradenames and other intangibles, net $ 344,551 $ 28,505 $ 316,046

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
LONG-TERM DEBT (Tables)	Oct. 03, 2015
Debt Disclosure [Abstract]
Schedule of long-term debt	Long-term debt consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Senior notes $ 400,000 $ 400,000 $ 400,000 Secured revolving credit facility 185,278 186,000 186,000 Total long-term debt $ 585,278 $ 586,000 $ 586,000

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
STOCK-BASED COMPENSATION (Tables)	Oct. 03, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of recorded stock-based compensation cost	The Company recorded stock-based compensation cost as follows: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Stock options $ 1,015 $ 1,039 $ 3,359 $ 3,498 Restricted stock: Time-based awards 1,599 1,576 5,294 5,215 Performance-based awards 1,130 1,439 3,556 4,089 Stock awards — — 1,095 1,081 Total $ 3,744 $ 4,054 $ 13,304 $ 13,883

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	9 Months Ended
EMPLOYEE BENEFIT PLANS (Tables)	Oct. 03, 2015
Compensation and Retirement Disclosure [Abstract]
Components of pension expense and post-retirement benefit expense	The net periodic pension (benefit) cost included in the statement of operations was comprised of: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Interest cost $ 623 $ 622 $ 1,869 $ 1,866 Expected return on plan assets (785 ) (798 ) (2,355 ) (2,394 ) Recognized actuarial loss 161 21 483 63 Net periodic pension (benefit) cost $ (1 ) $ (155 ) $ (3 ) $ (465 )
Schedule of Costs of Retirement Plans [Table Text Block]	The components of post-retirement benefit expense charged to the statement of operations were as follows: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Service cost – benefits attributed to service during the period $ 32 $ 28 $ 96 $ 84 Interest cost on accumulated post-retirement benefit obligation 45 57 135 171 Amortization net actuarial gain (48 ) (52 ) (144 ) (156 ) Curtailment gain — (22 ) — (66 ) Total net periodic post-retirement benefit cost $ 29 $ 11 $ 87 $ 33

FAIR VALUE MEASUREMENTS FAIR VA

FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS (Tables)	Oct. 03, 2015
Fair Value Disclosures [Abstract]
Schedule of changes in contingent consideration	The following table summarizes the changes in the contingent consideration liability related to the Company's 2011 acquisition of Bonnie Togs: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Balance at the beginning of period $ 9,022 $ 16,848 $ 7,711 $ 16,348 Payments made (8,568 ) (8,901 ) (8,568 ) (8,901 ) Accretion — 444 809 900 Foreign currency translation adjustment (454 ) (762 ) (1,029 ) (718 ) Final contingent adjustment — — 1,077 — Balance at the end of period $ — $ 7,629 $ — $ 7,629

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
EARNINGS PER SHARE (Tables)	Oct. 03, 2015
Earnings Per Share [Abstract]
Reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding	The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding: Fiscal quarter ended Three fiscal quarters ended October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Weighted-average number of common and common equivalent shares outstanding: Basic number of common shares outstanding 51,740,523 52,356,122 51,960,041 52,788,217 Dilutive effect of equity awards 507,815 470,842 512,861 476,893 Diluted number of common and common equivalent shares outstanding 52,248,338 52,826,964 52,472,902 53,265,110 Basic net income per common share (in thousands, except per share data): Net income $ 79,326 $ 65,886 $ 165,223 $ 126,079 Income allocated to participating securities (675 ) (887 ) (1,557 ) (1,706 ) Net income available to common shareholders $ 78,651 $ 64,999 $ 163,666 $ 124,373 Basic net income per common share $ 1.52 $ 1.24 $ 3.15 $ 2.36 Diluted net income per common share (in thousands, except per share data): Net income $ 79,326 $ 65,886 $ 165,223 $ 126,079 Income allocated to participating securities (669 ) (880 ) (1,545 ) (1,695 ) Net income available to common shareholders $ 78,657 $ 65,006 $ 163,678 $ 124,384 Diluted net income per common share $ 1.51 $ 1.23 $ 3.12 $ 2.34 Anti-dilutive shares excluded from dilutive earnings per share computation 177,300 234,700 180,000 265,000

OTHER CURRENT AND LONG-TERM L32

OTHER CURRENT AND LONG-TERM LIABILITIES (Tables)	9 Months Ended
OTHER CURRENT AND LONG-TERM LIABILITIES (Tables)	Oct. 03, 2015
Other Liabilities Disclosure [Abstract]
Schedule of other current liabilities	Other current liabilities consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Accrued bonuses and incentive compensation $ 12,574 $ 18,875 $ 11,793 Contingent consideration — 7,711 7,629 Income taxes payable 25,902 692 19,609 Accrued workers' compensation 1,840 2,662 2,853 Accrued interest 2,771 8,106 2,746 Accrued sales and use taxes 7,421 5,318 8,037 Accrued salaries and wages 9,615 3,576 2,968 Accrued gift certificates 9,356 10,100 8,863 Accrued employee benefits 10,102 17,132 11,481 Accrued and deferred rent 12,286 11,879 10,981 Other current liabilities 13,332 11,677 13,513 Total $ 105,199 $ 97,728 $ 100,473
Schedule of other long-term liabilities	Other long-term liabilities consisted of the following: (dollars in thousands) October 3, 2015 January 3, 2015 September 27, 2014 Deferred lease incentives $ 70,778 $ 67,205 $ 65,731 Accrued and deferred rent 47,554 40,656 38,812 Accrued workers' compensation 6,016 4,717 4,270 OshKosh pension plan 11,029 11,031 3,303 Unrecognized tax benefits 10,540 12,230 12,928 Post-retirement life and medical plan 4,731 4,731 5,458 Deferred compensation 8,932 8,388 7,578 Other 1,947 1,947 105 Total $ 161,527 $ 150,905 $ 138,185

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
SEGMENT INFORMATION (Tables)	Oct. 03, 2015
Segment Reporting [Abstract]
Schedule of segment information	The table below presents certain information for our reportable segments and unallocated corporate expenses for the periods indicated: Fiscal quarter ended Three fiscal quarters ended (dollars in thousands) October 3, % of September 27, % of October 3, % of September 27, % of Net sales : Carter’s Wholesale $ 343,555 40.4 % $ 309,772 38.8 % $ 824,600 38.4 % $ 781,460 38.6 % Carter’s Retail (a) 294,928 34.7 % 281,455 35.2 % 799,635 37.2 % 745,473 36.8 % Total Carter’s (U.S.) 638,483 75.1 % 591,227 74.0 % 1,624,235 75.6 % 1,526,933 75.4 % OshKosh Retail (a) 98,292 11.6 % 91,427 11.4 % 244,787 11.4 % 222,500 11.0 % OshKosh Wholesale 18,794 2.2 % 25,107 3.1 % 49,151 2.3 % 52,342 2.6 % Total OshKosh (U.S.) 117,086 13.8 % 116,534 14.5 % 293,938 13.7 % 274,842 13.6 % International (b) 94,237 11.1 % 91,175 11.5 % 229,162 10.7 % 222,870 11.0 % Total net sales $ 849,806 100.0 % $ 798,936 100.0 % $ 2,147,335 100.0 % $ 2,024,645 100.0 % Operating income (loss) : % of Segment Net Sales % of Segment Net Sales % of % of Carter’s Wholesale $ 74,347 21.6 % $ 55,762 18.0 % $ 172,485 20.9 % $ 133,489 17.1 % Carter’s Retail (a) 51,733 17.5 % 54,501 19.4 % 134,557 16.8 % 137,659 18.5 % Total Carter’s (U.S.) 126,080 19.7 % 110,263 18.6 % 307,042 18.9 % 271,148 17.8 % OshKosh Retail (a) 6,171 6.3 % 5,300 5.8 % 3,396 1.4 % (883 ) (0.4 )% OshKosh Wholesale 4,487 23.9 % 2,240 8.9 % 9,715 19.8 % 5,125 9.8 % Total OshKosh (U.S.) 10,658 9.1 % 7,540 6.5 % 13,111 4.5 % 4,242 1.5 % International (b) (c) 18,220 19.3 % 15,896 17.4 % 30,967 13.5 % 27,039 12.1 % Corporate expenses (d) (e) (24,737 ) (23,242 ) (74,442 ) (83,094 ) Total operating income $ 130,221 15.3 % $ 110,457 13.8 % $ 276,678 12.9 % $ 219,335 10.8 % (a) Includes eCommerce results. (b) Net sales include international retail, eCommerce, and wholesale sales. Operating income includes international licensing income. (c) Includes charges associated with the revaluation of the Company's contingent consideration related to the Company's 2011 acquisition of Bonnie Togs of approximately $1.9 million for the three-fiscal-quarter period ended October 3, 2015 , and $0.4 million and $0.9 million for the fiscal quarter and the three-fiscal-quarter period ended September 27, 2014 , respectively. Also includes expenses of approximately $0.5 million for the three quarters of fiscal 2014 related to the Company's 2014 exit from Japan retail operations. (d) Corporate expenses include expenses related to incentive compensation, stock-based compensation, executive management, severance and relocation, finance, building occupancy, information technology, certain legal fees, consulting, and audit fees. (e) Includes the following charges: Fiscal quarter ended Three fiscal quarters ended (dollars in millions) October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014 Closure of distribution facility in Hogansville, GA (1) $ — $ 0.2 $ — $ 0.9 Office consolidation costs $ — $ — $ — $ 6.6 Amortization of tradenames $ 1.0 $ 2.3 $ 5.4 $ 14.2 (1) Continuing operating costs associated with the closure of the Company's distribution facility in Hogansville, Georgia. This facility was sold in December 2014.

FACILITY CLOSURE (Tables)

FACILITY CLOSURE (Tables)	9 Months Ended
FACILITY CLOSURE (Tables)	Oct. 03, 2015
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	The following table summarizes the restructuring reserves related to the office consolidation as of October 3, 2015 : (dollars in millions) Severance Other closure costs Total Balance at January 3, 2015 $ 0.8 $ 2.8 $ 3.6 Payments during fiscal 2015 (0.5 ) (0.6 ) (1.1 ) Balance at October 3, 2015 $ 0.3 $ 2.2 $ 2.5

GUARANTOR CONDENSED CONSOLIDA35

GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Tables)	9 Months Ended
	Oct. 03, 2015
Condensed Financial Statements, Captions [Line Items]
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	GUARANTOR UNAUDITED CONDENSED CONSOLIDATING FINANCIAL STATEMENTS The Company’s senior notes constitute debt obligations of its wholly-owned subsidiary, The William Carter Company ("TWCC" or the “Subsidiary Issuer”), are unsecured and are fully and unconditionally guaranteed by Carter’s, Inc. (the “Parent”), by each of the Parent's current domestic subsidiaries (other than TWCC), and, subject to certain exceptions, future restricted subsidiaries that guarantee the Company’s amended revolving credit facility or certain other debt of the Company or the subsidiary guarantors. Under specific customary conditions, the guarantees are not full and unconditional because subsidiary guarantors can be released and relieved of their obligations under customary circumstances contained in the indenture governing the senior notes. These circumstances include among others the following, so long as other applicable provisions of the indentures are adhered to: any sale or other disposition of all or substantially all of the assets of any subsidiary guarantor, any sale or other disposition of capital stock of any subsidiary guarantor, or designation of any restricted subsidiary that is a subsidiary guarantor as an unrestricted subsidiary. For additional information, refer to the Company's Annual Report on Form 10-K for the 2014 fiscal year ended January 3, 2015. The unaudited condensed consolidating financial information for the Parent, the Subsidiary Issuer and the guarantor and non-guarantor subsidiaries has been prepared from the books and records maintained by the Company. The accompanying unaudited condensed consolidating financial information has been prepared and presented pursuant to SEC Regulation S-X Rule 3-10. The financial information may not necessarily be indicative of the financial position, results of operations, comprehensive income (loss), and cash flows, had the Parent, Subsidiary Issuer, guarantor or non-guarantor subsidiaries operated as independent entities. Intercompany revenues and expenses included in the subsidiary records are eliminated in consolidation. As a result of this activity, an amount due to/due from affiliates will exist at any time. The principal elimination entries relate to investments in subsidiaries and intercompany balances and transactions. The Company has accounted for investments in subsidiaries under the equity method. The guarantor subsidiaries are 100% owned directly or indirectly by the Parent and, except as noted above, all guarantees are joint, several and unconditional. Condensed Consolidating Balance Sheets (unaudited) As of October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 232,568 $ 17,434 $ 38,258 $ — $ 288,260 Accounts receivable, net — 208,369 29,210 8,986 — 246,565 Intercompany receivable — 87,419 100,357 3,675 (191,451 ) — Intercompany loan receivable — 15,000 — — (15,000 ) — Finished goods inventories — 278,793 216,270 50,553 (34,096 ) 511,520 Prepaid expenses and other current assets — 18,113 14,963 4,184 — 37,260 Deferred income taxes — 22,739 11,192 964 — 34,895 Total current assets — 863,001 389,426 106,620 (240,547 ) 1,118,500 Property, plant, and equipment, net — 160,579 171,615 29,111 — 361,305 Goodwill — 136,570 — 40,063 — 176,633 Tradenames and other intangibles, net — 226,342 85,500 — — 311,842 Deferred debt issuance costs, net — 7,235 — — — 7,235 Other assets — 11,358 784 383 — 12,525 Intercompany long-term receivable — — 264,618 — (264,618 ) — Intercompany long-term note receivable — 100,000 — — (100,000 ) — Investment in subsidiaries 842,943 614,624 19,118 — (1,476,685 ) — Total assets $ 842,943 $ 2,119,709 $ 931,061 $ 176,177 $ (2,081,850 ) $ 1,988,040 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ — $ 100,487 $ 59,060 $ 14,047 $ — $ 173,594 Intercompany payables — 102,208 85,814 3,429 (191,451 ) — Intercompany loan payable — — — 15,000 (15,000 ) — Other current liabilities — 57,316 37,905 9,978 — 105,199 Total current liabilities — 260,011 182,779 42,454 (206,451 ) 278,793 Long-term debt — 566,000 — 19,278 — 585,278 Deferred income taxes — 80,871 38,628 — — 119,499 Intercompany long-term liability — 264,618 — — (264,618 ) — Intercompany long-term note payable — — 100,000 — (100,000 ) — Other long-term liabilities — 71,170 78,658 11,699 — 161,527 Stockholders' equity 842,943 877,039 530,996 102,746 (1,510,781 ) 842,943 Total liabilities and stockholders' equity $ 842,943 $ 2,119,709 $ 931,061 $ 176,177 $ (2,081,850 ) $ 1,988,040 As of January 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 311,078 $ 10,442 $ 19,118 $ — $ 340,638 Accounts receivable, net — 155,192 22,770 6,601 — 184,563 Intercompany receivable — 58,402 106,137 2,012 (166,551 ) — Intercompany loan receivable — 20,000 — — (20,000 ) — Finished goods inventories — 240,702 191,953 48,463 (36,274 ) 444,844 Prepaid expenses and other current assets — 15,143 13,059 6,586 — 34,788 Deferred income taxes — 21,308 12,983 2,334 — 36,625 Total current assets — 821,825 357,344 85,114 (222,825 ) 1,041,458 Property, plant, and equipment, net — 158,017 147,076 28,004 — 333,097 Goodwill — 136,570 — 45,405 — 181,975 Tradenames and other intangibles, net — 231,765 85,500 32 — 317,297 Deferred debt issuance costs, net — 6,677 — — — 6,677 Other assets — 11,781 811 — — 12,592 Intercompany long-term receivable — — 274,584 — (274,584 ) — Intercompany long-term note receivable — 100,000 — — (100,000 ) — Investment in subsidiaries 786,684 591,735 9,647 — (1,388,066 ) — Total assets $ 786,684 $ 2,058,370 $ 874,962 $ 158,555 $ (1,985,475 ) $ 1,893,096 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ — $ 102,233 $ 37,869 $ 10,141 $ — $ 150,243 Intercompany payables — 105,940 55,812 4,799 (166,551 ) — Intercompany loan payables — — — 20,000 (20,000 ) — Other current liabilities — 15,782 67,793 14,153 — 97,728 Total current liabilities — 223,955 161,474 49,093 (186,551 ) 247,971 Long-term debt — 586,000 — — — 586,000 Deferred income taxes — 81,406 40,130 — — 121,536 Intercompany long-term liability — 274,584 — — (274,584 ) — Intercompany long-term note payable — — 100,000 — (100,000 ) — Other long-term liabilities — 69,467 68,426 13,012 — 150,905 Stockholders' equity 786,684 822,958 504,932 96,450 (1,424,340 ) 786,684 Total liabilities and stockholders' equity $ 786,684 $ 2,058,370 $ 874,962 $ 158,555 $ (1,985,475 ) $ 1,893,096 As of September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 106,699 $ 5,708 $ 21,239 $ — $ 133,646 Accounts receivable, net — 198,339 25,988 8,151 — 232,478 Intercompany receivable — 89,704 86,256 10,153 (186,113 ) — Intercompany loan receivable — 35,000 — — (35,000 ) — Finished goods inventories — 270,504 236,235 58,259 (45,582 ) 519,416 Prepaid expenses and other current assets — 9,151 15,053 7,054 — 31,258 Deferred income taxes — 23,860 13,026 1,683 — 38,569 Total current assets — 733,257 382,266 106,539 (266,695 ) 955,367 Property, plant, and equipment, net — 158,401 146,908 27,566 — 332,875 Goodwill — 136,570 — 47,626 — 184,196 Tradenames and other intangibles, net — 230,495 85,500 51 — 316,046 Deferred debt issuance costs, net — 7,043 — — — 7,043 Other assets — 10,685 529 — — 11,214 Intercompany long-term receivable — — 233,039 — (233,039 ) — Intercompany long-term note receivable — 100,000 — — (100,000 ) — Investment in subsidiaries 751,581 581,538 8,156 — (1,341,275 ) — Total assets $ 751,581 $ 1,957,989 $ 856,398 $ 181,782 $ (1,941,009 ) $ 1,806,741 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ — $ 73,951 $ 32,008 $ 11,370 $ — $ 117,329 Intercompany payables — 88,637 93,747 3,729 (186,113 ) — Intercompany loan payables — — — 35,000 (35,000 ) — Other current liabilities — 39,007 47,401 14,065 — 100,473 Total current liabilities — 201,595 173,156 64,164 (221,113 ) 217,802 Long-term debt — 586,000 — — — 586,000 Deferred income taxes — 70,230 42,943 — — 113,173 Intercompany long-term liability — 233,039 — — (233,039 ) — Intercompany long-term note payable — — 100,000 — (100,000 ) — Other long-term liabilities — 69,962 55,844 12,379 — 138,185 Stockholders' equity 751,581 797,163 484,455 105,239 (1,386,857 ) 751,581 Total liabilities and stockholders' equity $ 751,581 $ 1,957,989 $ 856,398 $ 181,782 $ (1,941,009 ) $ 1,806,741 Condensed Consolidating Statements of Operations (unaudited) For the fiscal quarter ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 539,181 $ 427,028 $ 71,068 $ (187,471 ) $ 849,806 Cost of goods sold — 380,427 263,009 39,180 (180,349 ) 502,267 Gross profit — 158,754 164,019 31,888 (7,122 ) 347,539 Selling, general, and administrative expenses — 49,317 169,379 20,708 (9,387 ) 230,017 Royalty income — (9,175 ) (5,983 ) — 2,459 (12,699 ) Operating income (loss) — 118,612 623 11,180 (194 ) 130,221 Interest expense — 6,754 1,318 169 (1,334 ) 6,907 Interest income — (1,400 ) — (25 ) 1,334 (91 ) (Income) loss in subsidiaries (79,326 ) (1,645 ) (3,904 ) — 84,875 — Other expense (income), net — 251 (269 ) (604 ) — (622 ) Income (loss) before income taxes 79,326 114,652 3,478 11,640 (85,069 ) 124,027 Provision for income taxes — 35,132 6,098 3,471 — 44,701 Net income (loss) $ 79,326 $ 79,520 $ (2,620 ) $ 8,169 $ (85,069 ) $ 79,326 For the fiscal quarter ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net sales $ — $ 523,572 $ 410,161 $ 66,731 $ (201,528 ) $ 798,936 Cost of goods sold — 372,575 248,442 39,513 (182,800 ) 477,730 Gross profit — 150,997 161,719 27,218 (18,728 ) 321,206 Selling, general, and administrative expenses — 54,524 154,631 20,618 (7,834 ) 221,939 Royalty income — (8,607 ) (5,628 ) — 3,045 (11,190 ) Operating income (loss) — 105,080 12,716 6,600 (13,939 ) 110,457 Interest expense — 6,841 1,298 145 (1,441 ) 6,843 Interest income — (1,465 ) — (21 ) 1,441 (45 ) (Income) loss in subsidiaries (65,886 ) (5,451 ) (3,256 ) — 74,593 — Other (income) expense, net — (89 ) 93 1,307 — 1,311 Income (loss) before income taxes 65,886 105,244 14,581 5,169 (88,532 ) 102,348 Provision for income taxes — 25,419 9,648 1,395 — 36,462 Net income (loss) $ 65,886 $ 79,825 $ 4,933 $ 3,774 $ (88,532 ) $ 65,886 Condensed Consolidating Statements of Comprehensive Income (unaudited) For the fiscal quarter ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 79,326 $ 79,520 $ (2,620 ) $ 8,169 $ (85,069 ) $ 79,326 Foreign currency translation adjustments (4,205 ) (4,205 ) (69 ) (4,205 ) 8,479 (4,205 ) Comprehensive income (loss) $ 75,121 $ 75,315 $ (2,689 ) $ 3,964 $ (76,590 ) $ 75,121 For the fiscal quarter ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 65,886 $ 79,825 $ 4,933 $ 3,774 $ (88,532 ) $ 65,886 Foreign currency translation adjustments (3,577 ) (3,577 ) (7 ) (3,577 ) 7,161 (3,577 ) Comprehensive income (loss) $ 62,309 $ 76,248 $ 4,926 $ 197 $ (81,371 ) $ 62,309 For the three fiscal quarters ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 165,223 $ 163,045 $ (31,633 ) $ 8,044 $ (139,456 ) $ 165,223 Foreign currency translation adjustments (10,443 ) (10,443 ) (38 ) (10,443 ) 20,924 (10,443 ) Comprehensive income (loss) $ 154,780 $ 152,602 $ (31,671 ) $ (2,399 ) $ (118,532 ) $ 154,780 For the three fiscal quarters ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 126,079 $ 139,839 $ (16,923 ) $ 1,613 $ (124,529 ) $ 126,079 Foreign currency translation adjustments (3,545 ) (3,545 ) (140 ) (3,545 ) 7,230 (3,545 ) Comprehensive income (loss) $ 122,534 $ 136,294 $ (17,063 ) $ (1,932 ) $ (117,299 ) $ 122,534
Condensed Consolidating Balance Sheets	Condensed Consolidating Balance Sheets (unaudited) As of October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 232,568 $ 17,434 $ 38,258 $ — $ 288,260 Accounts receivable, net — 208,369 29,210 8,986 — 246,565 Intercompany receivable — 87,419 100,357 3,675 (191,451 ) — Intercompany loan receivable — 15,000 — — (15,000 ) — Finished goods inventories — 278,793 216,270 50,553 (34,096 ) 511,520 Prepaid expenses and other current assets — 18,113 14,963 4,184 — 37,260 Deferred income taxes — 22,739 11,192 964 — 34,895 Total current assets — 863,001 389,426 106,620 (240,547 ) 1,118,500 Property, plant, and equipment, net — 160,579 171,615 29,111 — 361,305 Goodwill — 136,570 — 40,063 — 176,633 Tradenames and other intangibles, net — 226,342 85,500 — — 311,842 Deferred debt issuance costs, net — 7,235 — — — 7,235 Other assets — 11,358 784 383 — 12,525 Intercompany long-term receivable — — 264,618 — (264,618 ) — Intercompany long-term note receivable — 100,000 — — (100,000 ) — Investment in subsidiaries 842,943 614,624 19,118 — (1,476,685 ) — Total assets $ 842,943 $ 2,119,709 $ 931,061 $ 176,177 $ (2,081,850 ) $ 1,988,040 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ — $ 100,487 $ 59,060 $ 14,047 $ — $ 173,594 Intercompany payables — 102,208 85,814 3,429 (191,451 ) — Intercompany loan payable — — — 15,000 (15,000 ) — Other current liabilities — 57,316 37,905 9,978 — 105,199 Total current liabilities — 260,011 182,779 42,454 (206,451 ) 278,793 Long-term debt — 566,000 — 19,278 — 585,278 Deferred income taxes — 80,871 38,628 — — 119,499 Intercompany long-term liability — 264,618 — — (264,618 ) — Intercompany long-term note payable — — 100,000 — (100,000 ) — Other long-term liabilities — 71,170 78,658 11,699 — 161,527 Stockholders' equity 842,943 877,039 530,996 102,746 (1,510,781 ) 842,943 Total liabilities and stockholders' equity $ 842,943 $ 2,119,709 $ 931,061 $ 176,177 $ (2,081,850 ) $ 1,988,040 As of September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 106,699 $ 5,708 $ 21,239 $ — $ 133,646 Accounts receivable, net — 198,339 25,988 8,151 — 232,478 Intercompany receivable — 89,704 86,256 10,153 (186,113 ) — Intercompany loan receivable — 35,000 — — (35,000 ) — Finished goods inventories — 270,504 236,235 58,259 (45,582 ) 519,416 Prepaid expenses and other current assets — 9,151 15,053 7,054 — 31,258 Deferred income taxes — 23,860 13,026 1,683 — 38,569 Total current assets — 733,257 382,266 106,539 (266,695 ) 955,367 Property, plant, and equipment, net — 158,401 146,908 27,566 — 332,875 Goodwill — 136,570 — 47,626 — 184,196 Tradenames and other intangibles, net — 230,495 85,500 51 — 316,046 Deferred debt issuance costs, net — 7,043 — — — 7,043 Other assets — 10,685 529 — — 11,214 Intercompany long-term receivable — — 233,039 — (233,039 ) — Intercompany long-term note receivable — 100,000 — — (100,000 ) — Investment in subsidiaries 751,581 581,538 8,156 — (1,341,275 ) — Total assets $ 751,581 $ 1,957,989 $ 856,398 $ 181,782 $ (1,941,009 ) $ 1,806,741 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ — $ 73,951 $ 32,008 $ 11,370 $ — $ 117,329 Intercompany payables — 88,637 93,747 3,729 (186,113 ) — Intercompany loan payables — — — 35,000 (35,000 ) — Other current liabilities — 39,007 47,401 14,065 — 100,473 Total current liabilities — 201,595 173,156 64,164 (221,113 ) 217,802 Long-term debt — 586,000 — — — 586,000 Deferred income taxes — 70,230 42,943 — — 113,173 Intercompany long-term liability — 233,039 — — (233,039 ) — Intercompany long-term note payable — — 100,000 — (100,000 ) — Other long-term liabilities — 69,962 55,844 12,379 — 138,185 Stockholders' equity 751,581 797,163 484,455 105,239 (1,386,857 ) 751,581 Total liabilities and stockholders' equity $ 751,581 $ 1,957,989 $ 856,398 $ 181,782 $ (1,941,009 ) $ 1,806,741 As of January 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated ASSETS Current assets: Cash and cash equivalents $ — $ 311,078 $ 10,442 $ 19,118 $ — $ 340,638 Accounts receivable, net — 155,192 22,770 6,601 — 184,563 Intercompany receivable — 58,402 106,137 2,012 (166,551 ) — Intercompany loan receivable — 20,000 — — (20,000 ) — Finished goods inventories — 240,702 191,953 48,463 (36,274 ) 444,844 Prepaid expenses and other current assets — 15,143 13,059 6,586 — 34,788 Deferred income taxes — 21,308 12,983 2,334 — 36,625 Total current assets — 821,825 357,344 85,114 (222,825 ) 1,041,458 Property, plant, and equipment, net — 158,017 147,076 28,004 — 333,097 Goodwill — 136,570 — 45,405 — 181,975 Tradenames and other intangibles, net — 231,765 85,500 32 — 317,297 Deferred debt issuance costs, net — 6,677 — — — 6,677 Other assets — 11,781 811 — — 12,592 Intercompany long-term receivable — — 274,584 — (274,584 ) — Intercompany long-term note receivable — 100,000 — — (100,000 ) — Investment in subsidiaries 786,684 591,735 9,647 — (1,388,066 ) — Total assets $ 786,684 $ 2,058,370 $ 874,962 $ 158,555 $ (1,985,475 ) $ 1,893,096 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ — $ 102,233 $ 37,869 $ 10,141 $ — $ 150,243 Intercompany payables — 105,940 55,812 4,799 (166,551 ) — Intercompany loan payables — — — 20,000 (20,000 ) — Other current liabilities — 15,782 67,793 14,153 — 97,728 Total current liabilities — 223,955 161,474 49,093 (186,551 ) 247,971 Long-term debt — 586,000 — — — 586,000 Deferred income taxes — 81,406 40,130 — — 121,536 Intercompany long-term liability — 274,584 — — (274,584 ) — Intercompany long-term note payable — — 100,000 — (100,000 ) — Other long-term liabilities — 69,467 68,426 13,012 — 150,905 Stockholders' equity 786,684 822,958 504,932 96,450 (1,424,340 ) 786,684 Total liabilities and stockholders' equity $ 786,684 $ 2,058,370 $ 874,962 $ 158,555 $ (1,985,475 ) $ 1,893,096
GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS	Condensed Consolidating Statements of Comprehensive Income (unaudited) For the fiscal quarter ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 79,326 $ 79,520 $ (2,620 ) $ 8,169 $ (85,069 ) $ 79,326 Foreign currency translation adjustments (4,205 ) (4,205 ) (69 ) (4,205 ) 8,479 (4,205 ) Comprehensive income (loss) $ 75,121 $ 75,315 $ (2,689 ) $ 3,964 $ (76,590 ) $ 75,121 For the fiscal quarter ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 65,886 $ 79,825 $ 4,933 $ 3,774 $ (88,532 ) $ 65,886 Foreign currency translation adjustments (3,577 ) (3,577 ) (7 ) (3,577 ) 7,161 (3,577 ) Comprehensive income (loss) $ 62,309 $ 76,248 $ 4,926 $ 197 $ (81,371 ) $ 62,309 For the three fiscal quarters ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 165,223 $ 163,045 $ (31,633 ) $ 8,044 $ (139,456 ) $ 165,223 Foreign currency translation adjustments (10,443 ) (10,443 ) (38 ) (10,443 ) 20,924 (10,443 ) Comprehensive income (loss) $ 154,780 $ 152,602 $ (31,671 ) $ (2,399 ) $ (118,532 ) $ 154,780 For the three fiscal quarters ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Net income (loss) $ 126,079 $ 139,839 $ (16,923 ) $ 1,613 $ (124,529 ) $ 126,079 Foreign currency translation adjustments (3,545 ) (3,545 ) (140 ) (3,545 ) 7,230 (3,545 ) Comprehensive income (loss) $ 122,534 $ 136,294 $ (17,063 ) $ (1,932 ) $ (117,299 ) $ 122,534
Condensed Consolidating Statements of Cash Flows	Condensed Consolidating Statements of Cash Flows (unaudited) For the three fiscal quarters ended October 3, 2015 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash flows provided by operating activities: $ — $ 85,213 $ 38,022 $ 22,799 $ — $ 146,034 Cash flows from investing activities: Capital expenditures — (21,953 ) (46,876 ) (8,158 ) — (76,987 ) Intercompany investing activity 119,788 4,357 (2,607 ) (8,582 ) (112,956 ) — Issuance of intercompany loan — (15,000 ) — — 15,000 — Proceeds from repayment of intercompany loan — 20,000 — — (20,000 ) — Proceeds from sale of property, plant and equipment — 59 — 7 — 66 Net cash provided by (used in) investing activities 119,788 (12,537 ) (49,483 ) (16,733 ) (117,956 ) (76,921 ) Cash flows from financing activities: Intercompany financing activity — (127,475 ) 15,846 (1,327 ) 112,956 — Repayment of intercompany loan — — — (20,000 ) 20,000 — Borrowings from intercompany loan — — — 15,000 (15,000 ) — Borrowings under secured revolving credit facility — 166,000 — 39,586 — 205,586 Payments on secured revolving credit facility — (186,000 ) — (19,237 ) — (205,237 ) Payment of debt issuance costs — (1,495 ) — — — (1,495 ) Payment of contingent consideration — (7,572 ) — — — (7,572 ) Dividends paid (34,617 ) — — — — (34,617 ) Repurchase of common stock (78,339 ) — — — — (78,339 ) Income tax benefit from stock-based compensation — 5,356 2,607 — — 7,963 Withholdings from vesting of restricted stock (12,575 ) — — — — (12,575 ) Proceeds from exercise of stock options 5,743 — — — — 5,743 Net cash (used in) provided by financing activities (119,788 ) (151,186 ) 18,453 14,022 117,956 (120,543 ) Effect of exchange rate changes on cash — — — (948 ) — (948 ) Net (decrease) increase in cash and cash equivalents — (78,510 ) 6,992 19,140 — (52,378 ) Cash and cash equivalents, beginning of period — 311,078 10,442 19,118 — 340,638 Cash and cash equivalents, end of period $ — $ 232,568 $ 17,434 $ 38,258 $ — $ 288,260 For the three fiscal quarters ended September 27, 2014 (dollars in thousands) Parent Subsidiary Issuer Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating Adjustments Consolidated Cash flows provided by (used in) operating activities: $ — $ 23,632 $ 9,458 $ (8,163 ) $ — $ 24,927 Cash flows from investing activities: Capital expenditures — (38,659 ) (37,123 ) (7,852 ) — (83,634 ) Intercompany investing activity 89,923 14,700 (2,502 ) (8,901 ) (93,220 ) — Issuance of intercompany loan — (35,000 ) — — 35,000 — Proceeds from sale of property, plant and equipment — 140 — 3 — 143 Net cash provided by (used in) investing activities 89,923 (58,819 ) (39,625 ) (16,750 ) (58,220 ) (83,491 ) Cash flows from financing activities: Intercompany financing activity — (129,182 ) 33,373 2,589 93,220 — Proceeds from intercompany loan — — — 35,000 (35,000 ) — Dividends Paid (30,453 ) — — — — (30,453 ) Payment on debt issuance costs — (145 ) — — — (145 ) Payment of contingent consideration — (8,901 ) — — — (8,901 ) Income tax benefit from stock-based compensation — 1,854 2,502 — — 4,356 Repurchase of common stock (62,769 ) — — — — (62,769 ) Withholdings from vesting of restricted stock (4,472 ) — — — — (4,472 ) Proceeds from exercise of stock options 7,771 — — — — 7,771 Net cash (used in) provided by financing activities (89,923 ) (136,374 ) 35,875 37,589 58,220 (94,613 ) Effect of exchange rate changes on cash — — — 277 — 277 Net (decrease) increase in cash and cash equivalents — (171,561 ) 5,708 12,953 — (152,900 ) Cash and cash equivalents, beginning of period — 278,260 — 8,286 — 286,546 Cash and cash equivalents, end of period $ — $ 106,699 $ 5,708 $ 21,239 $ — $ 133,646

THE COMPANY (Details)

THE COMPANY (Details) $ in Thousands		3 Months Ended				9 Months Ended
THE COMPANY (Details) $ in Thousands		Oct. 03, 2015USD ($)store		Sep. 27, 2014USD ($)		Oct. 03, 2015USD ($)store	Sep. 27, 2014USD ($)
Segment Reporting Information [Line Items]
Net sales		$ 849,806		$ 798,936		$ 2,147,335	$ 2,024,645
Licenses Revenue		12,699		11,190		32,688	29,276
Operating Income (Loss)		$ 130,221		$ 110,457		$ 276,678	$ 219,335
Operating income (loss) as percentage of segment net sales		15.30%		13.80%		12.90%	10.80%
Net income		$ 79,326		$ 65,886		$ 165,223	$ 126,079
United States [Member] \| Carter's [Member]
Segment Reporting Information [Line Items]
Number of locations \| store		577				577
United States [Member] \| OshKosh [Member]
Segment Reporting Information [Line Items]
Number of locations \| store		232				232
Canada [Member]
Segment Reporting Information [Line Items]
Number of international retail stores \| store		140				140
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales		$ 849,806		798,936		$ 2,147,335	2,024,645
Operating Segments [Member] \| Carter's [Member]
Segment Reporting Information [Line Items]
Net sales		638,483		591,227		1,624,235	1,526,933
Operating Income (Loss)		$ 126,080		$ 110,263		$ 307,042	$ 271,148
Operating income (loss) as percentage of segment net sales		19.70%		18.60%		18.90%	17.80%
Operating Segments [Member] \| OshKosh [Member]
Segment Reporting Information [Line Items]
Net sales		$ 117,086		$ 116,534		$ 293,938	$ 274,842
Operating Income (Loss)		$ 10,658		$ 7,540		$ 13,111	$ 4,242
Operating income (loss) as percentage of segment net sales		9.10%		6.50%		4.50%	1.50%
Operating Segments [Member] \| Retail [Member] \| Carter's [Member]
Segment Reporting Information [Line Items]
Net sales	[1]	$ 294,928		$ 281,455		$ 799,635	$ 745,473
Operating Income (Loss)		$ 51,733	[1]	$ 54,501	[1]	$ 134,557	$ 137,659	[1]
Operating income (loss) as percentage of segment net sales		17.50%	[1]	19.40%	[1]	16.80%	18.50%	[1]
Operating Segments [Member] \| Retail [Member] \| OshKosh [Member]
Segment Reporting Information [Line Items]
Net sales	[1]	$ 98,292		$ 91,427		$ 244,787	$ 222,500
Operating Income (Loss)		$ 6,171	[1]	$ 5,300	[1]	$ 3,396	$ (883)	[1]
Operating income (loss) as percentage of segment net sales		6.30%	[1]	5.80%	[1]	1.40%	(0.40%)	[1]
Operating Segments [Member] \| Wholesale [Member] \| Carter's [Member]
Segment Reporting Information [Line Items]
Net sales		$ 343,555		$ 309,772		$ 824,600	$ 781,460
Operating Income (Loss)		$ 74,347		$ 55,762		$ 172,485	$ 133,489
Operating income (loss) as percentage of segment net sales		21.60%		18.00%		20.90%	17.10%
Operating Segments [Member] \| Wholesale [Member] \| OshKosh [Member]
Segment Reporting Information [Line Items]
Net sales		$ 18,794		$ 25,107		$ 49,151	$ 52,342
Operating Income (Loss)		$ 4,487		$ 2,240		$ 9,715	$ 5,125
Operating income (loss) as percentage of segment net sales		23.90%		8.90%		19.80%	9.80%

[1]	Includes eCommerce results.

ACCUMULATED OTHER COMPREHENSI37

ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014	Jan. 03, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Tax, Portion Attributable to Parent		$ 3,600		$ 3,500
Foreign currency translation adjustments	$ (4,205)	(3,577)	$ (10,443)	(3,545)
Total accumulated other comprehensive loss	(33,480)	(13,627)	(33,480)	(13,627)	$ (23,037)
Cumulative Foreign Currency Translation Adjustments [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total accumulated other comprehensive loss	(25,840)	(11,097)	(25,840)	(11,097)	(15,397)
Pension and Post-retirement Liability Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Total accumulated other comprehensive loss	$ (7,640)	$ (2,530)	$ (7,640)	$ (2,530)	$ (7,640)

GOODWILL AND OTHER INTANGIBLE38

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014	Jan. 03, 2015
Goodwill and Other Intangible Assets [Line Items]
Amortization costs	$ 1,000	$ 2,300	$ 5,400	$ 14,200
Goodwill, Gross amount	176,633	184,196	176,633	184,196	$ 181,975
Goodwill, Net amount	176,633	184,196	176,633	184,196	181,975
Finite intangible assets, Accumulated amortization	36,111	28,505	36,111	28,505	30,766
Total, Gross amount	347,953	344,551	347,953	344,551	348,063
Total, Net amount	311,842	316,046	311,842	316,046	317,297
Carter's Goodwill [Member]
Goodwill and Other Intangible Assets [Line Items]
Goodwill, Gross amount	136,570	136,570	136,570	136,570	136,570
Goodwill, Net amount	136,570	136,570	136,570	136,570	136,570
Carter's Tradename [Member]
Goodwill and Other Intangible Assets [Line Items]
Indefinite intangible assets	220,233	220,233	220,233	220,233	220,233
Oshkosh Trade Name [Member]
Goodwill and Other Intangible Assets [Line Items]
Indefinite intangible assets	85,500	85,500	85,500	85,500	85,500
Bonnie Togs Goodwill [Member]
Goodwill and Other Intangible Assets [Line Items]
Goodwill, Gross amount	40,063	47,626	40,063	47,626	45,405
Goodwill, Net amount	40,063	47,626	40,063	47,626	45,405
Tradenames [Member]
Goodwill and Other Intangible Assets [Line Items]
Finite intangible assets, Accumulated amortization	35,903	28,286	35,903	28,286	30,541
Intangible assets, Gross amount	347,745	344,281	347,745	344,281	347,806
Indefinite-lived trademarks	311,842	315,995	311,842	315,995	$ 317,265
Other Tradenames [Member]
Goodwill and Other Intangible Assets [Line Items]
Amortization costs		2,300		$ 14,200
Future amortization expense, 2015	1,000		1,000
Future amortization expense, 2016	1,900		1,900
Future amortization expense, 2017	200		200
Future amortization expense, 2018	200		200
Future amortization expense, thereafter	2,700		$ 2,700
Weighted-average useful life			3 years	3 years	3 years
Finite intangible assets, Gross amount	42,012	38,548	$ 42,012	$ 38,548	$ 42,073
Finite intangible assets, Accumulated amortization	35,903	28,286	35,903	28,286	30,541
Finite intangible assets, Net amount	6,109	10,262	$ 6,109	$ 10,262	$ 11,532
Non-compete Agreements [Member]
Goodwill and Other Intangible Assets [Line Items]
Weighted-average useful life			4 years	4 years	4 years
Finite intangible assets, Gross amount	208	270	$ 208	$ 270	$ 257
Finite intangible assets, Accumulated amortization	208	219	208	219	225
Finite intangible assets, Net amount	$ 0	$ 51	$ 0	$ 51	$ 32

COMMON STOCK (Share Repurchases

COMMON STOCK (Share Repurchases) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014	Sep. 28, 2013	Jan. 31, 2014	Aug. 29, 2013	Jan. 30, 2013
Stockholders' Equity Note [Abstract]
Stock Repurchase Program, Authorized Amount					$ 300
Share repurchase, additional authorized amount					$ 400
Number of shares repurchased and retired	290,800	367,948	795,025	867,099
Cost of repurchased and retired shares	$ 29.4	$ 26.7	$ 78.3	$ 62.8
Remaining capacity under authorization	$ 106.8		$ 106.8
Average price per share	$ 101.26	$ 72.54	$ 98.54	$ 72.39
Uncollared accelerated stock repurchase agreement amount							$ 300
Accelerated Share Repurchases, Agreement Amount							$ 400
Received shares						1,000,000		5,600,000
Dividend declared per common share	$ 0.22	$ 0.19	$ 0.66	$ 0.57

LONG-TERM DEBT (Schedule of Lon

LONG-TERM DEBT (Schedule of Long Term Debt) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 03, 2015	Oct. 03, 2015	Sep. 27, 2014	Jul. 04, 2015	Jan. 03, 2015
Debt Instrument [Line Items]
Payments of Debt Issuance Costs	$ 1,500	$ 1,495	$ 145
Borrowings under secured revolving credit facility		205,586	0
Long-term debt	585,278	585,278	586,000		$ 586,000
Senior Notes [Member]
Debt Instrument [Line Items]
Long-term debt	400,000	400,000	400,000		400,000
Secured revolving credit facility [Member]
Debt Instrument [Line Items]
Available for future borrowing	304,900	304,900
Long-term debt	$ 185,278	$ 185,278	$ 186,000	$ 185,200	$ 186,000
CANADIAN NATIONAL STOCK EXCHANGE [Member] \| Secured revolving credit facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis		CDOR

LONG-TERM DEBT (Details)

LONG-TERM DEBT (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
LONG-TERM DEBT (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Oct. 03, 2015	Sep. 27, 2014	Jul. 04, 2015	Jan. 03, 2015
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 500,000	$ 500,000		$ 375,000
Long-term debt	585,278	585,278	$ 586,000		$ 586,000
Outstanding letters of credit	9,900	9,900
Payments on secured revolving credit facility		205,237	0
Borrowings under secured revolving credit facility		$ 205,586	0
Debt Issuance Cost	$ 1,700
Debt Instrument, Covenant Description	4.00:1.00
LIBOR [Member]
Debt Instrument [Line Items]
Interest rate (as a percentage)	1.375%	1.375%
Senior Notes [Member]
Debt Instrument [Line Items]
Long-term debt	$ 400,000	$ 400,000	400,000		400,000
Debt Instrument, face amount	$ 400,000	$ 400,000
Interest rate (as a percentage)	5.25%	5.25%
Secured revolving credit facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 100,000	$ 100,000
Long-term debt	185,278	185,278	$ 186,000	$ 185,200	$ 186,000
Available for future borrowing	$ 304,900	$ 304,900
Secured revolving credit facility [Member] \| LIBOR [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis		LIBOR
Secured revolving credit facility [Member] \| Base Rate [Member]
Debt Instrument [Line Items]
Interest rate (as a percentage)	0.375%	0.375%
Secured revolving credit facility [Member] \| CANADIAN NATIONAL STOCK EXCHANGE [Member]
Debt Instrument [Line Items]
Debt Instrument, Description of Variable Rate Basis		CDOR
United States of America, Dollars
Debt Instrument [Line Items]
Borrowings under secured revolving credit facility		$ 175,000
United States of America, Dollars \| Secured revolving credit facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 400,000	$ 400,000
United States of America, Dollars \| Secured revolving credit facility [Member] \| LIBOR [Member]
Debt Instrument [Line Items]
Effective interest rate (as a percentage)	1.58%	1.58%
United States of America, Dollars \| Secured revolving credit facility [Member] \| CANADIAN NATIONAL STOCK EXCHANGE [Member]
Debt Instrument [Line Items]
Effective interest rate (as a percentage)	2.14%	2.14%
Canada, Dollars
Debt Instrument [Line Items]
Borrowings under secured revolving credit facility		$ 40,000

STOCK-BASED COMPENSATION (Detai

STOCK-BASED COMPENSATION (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
STOCK-BASED COMPENSATION (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 3,744	$ 4,054	$ 13,304	$ 13,883
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	1,015	1,039	3,359	3,498
Time-based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	1,599	1,576	5,294	5,215
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	1,130	1,439	3,556	4,089
Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	$ 0	$ 0	$ 1,095	$ 1,081

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost on accumulated benefit obligation	$ 623	$ 622	$ 1,869	$ 1,866
Expected return on plan assets	(785)	(798)	(2,355)	(2,394)
Amortization of net actuarial loss (gain)	161	21	483	63
Net periodic pension (benefit) cost	(1)	(155)	(3)	(465)
Post-retirement Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest cost on accumulated benefit obligation	45	57	135	171
Service cost – benefits attributed to service during the period	32	28	96	84
Amortization of net actuarial loss (gain)	(48)	(52)	(144)	(156)
Curtailment gain	0	(22)	0	(66)
Net periodic pension (benefit) cost	$ 29	$ 11	$ 87	$ 33

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	Oct. 03, 2015	Jan. 03, 2015	Sep. 27, 2014
Income Tax Disclosure [Abstract]
Tax reserve Statue of Limitation, Benefits Recognized	$ 1.8
Gross unrecognized tax benefits	9.6
Unrecognized tax benefits that if recognized would impact effective tax rate	6.6
Reserves for unrecognized tax benefits	1.5
Interest accrued on uncertain tax positions	$ 0.9	$ 0.9	$ 0.9

FAIR VALUE MEASUREMENTS FAIR 45

FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS (Investments) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Oct. 03, 2015	Oct. 03, 2015	Jan. 03, 2015	Sep. 27, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Gain (Loss) on Investments	$ 0.4	$ 0.1
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments	$ 7.5	$ 7.5	$ 7.6	$ 6.9

FAIR VALUE MEASUREMENTS FAIR 46

FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS (Contingent Consideration) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Business Acquisition, Contingent Consideration [Line Items]
Payment Of Contingent Consideration			$ 7,572	$ 8,901
Accretion		$ 400	1,900	900
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$ 0		1,077	0
Level 3 [Member]
Business Acquisition, Contingent Consideration [Line Items]
Balance at beginning of period	9,022	16,848	7,711	16,348
Payments	8,568	8,901	8,568	8,901
Accretion	0	444	809	900
Foreign currency translation adjustment	(454)	(762)	(1,029)	(718)
Balance at end of period	$ 0	$ 7,629	$ 0	$ 7,629
Discount rate			18.00%

FAIR VALUE MEASUREMENTS FAIR 47

FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS (Borrowings) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Jul. 04, 2015	Jan. 03, 2015	Sep. 27, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 585,278		$ 586,000	$ 586,000
Secured revolving credit facility [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	185,278	$ 185,200	186,000	186,000
Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	400,000		$ 400,000	$ 400,000
Debt Instrument, face amount	400,000
Fair Value [Member] \| Level 2 [Member] \| Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 408,000

FAIR VALUE MEASUREMENTS FAIR 48

FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS (Foreign exchange forward contracts) (Details) $ in Millions	3 Months Ended	9 Months Ended
	Oct. 03, 2015USD ($)	Oct. 03, 2015USD ($)
Fair Value Disclosures [Abstract]
Investment Foreign Currency, Contract, Amount Purchased	$ 60	$ 60
Foreign Currency Contract, Asset, Fair Value Disclosure	1.5	1.5
Unrealized Gain (Loss) on Investments	0.1	1.5
Foreign currency transaction gain (loss)	$ 1.6	$ 1.9

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding	51,740,523	52,356,122	51,960,041	52,788,217
Dilutive effect of equity awards	507,815	470,842	512,861	476,893
Diluted number of common and common equivalent shares outstanding	52,248,338	52,826,964	52,472,902	53,265,110
Basic net income per common share (in thousands, except per share data):
Net income	$ 79,326	$ 65,886	$ 165,223	$ 126,079
Income allocated to participating securities	(675)	(887)	(1,557)	(1,706)
Net income available to common shareholders	$ 78,651	$ 64,999	$ 163,666	$ 124,373
Basic net income per common share	$ 1.52	$ 1.24	$ 3.15	$ 2.36
Diluted net income per common share (in thousands, except per share data):
Net income	$ 79,326	$ 65,886	$ 165,223	$ 126,079
Income allocated to participating securities	(669)	(880)	(1,545)	(1,695)
Net income available to common shareholders	$ 78,657	$ 65,006	$ 163,678	$ 124,384
Diluted net income per common share	$ 1.51	$ 1.23	$ 3.12	$ 2.34
Anti-dilutive shares (in shares)	177,300	234,700	180,000	265,000

OTHER CURRENT AND LONG-TERM L50

OTHER CURRENT AND LONG-TERM LIABILITIES (Other Current Liabilities) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Jan. 03, 2015	Sep. 27, 2014
Other Liabilities Disclosure [Abstract]
Accrued bonuses and incentive compensation	$ 12,574	$ 18,875	$ 11,793
Contingent consideration	0	7,711	7,629
Income taxes payable	25,902	692	19,609
Accrued workers' compensation	1,840	2,662	2,853
Accrued Interest	2,771	8,106	2,746
Accrued sales and use taxes	7,421	5,318	8,037
Accrued salaries and wages	9,615	3,576	2,968
Accrued gift certificates	9,356	10,100	8,863
Accrued employee benefits	10,102	17,132	11,481
Accrued and deferred rent	12,286	11,879	10,981
Other current liabilities	13,332	11,677	13,513
Total	$ 105,199	$ 97,728	$ 100,473

OTHER CURRENT AND LONG-TERM L51

OTHER CURRENT AND LONG-TERM LIABILITIES (Other Long-Term Liabilities) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Jan. 03, 2015	Sep. 27, 2014
Other Liabilities Disclosure [Abstract]
Deferred lease incentives	$ 70,778	$ 67,205	$ 65,731
Accrued and deferred rent	47,554	40,656	38,812
Accrued workers' compensation	6,016	4,717	4,270
OshKosh pension plan	11,029	11,031	3,303
Unrecognized tax benefits	10,540	12,230	12,928
Post-retirement life and medical plan	4,731	4,731	5,458
Deferred compensation	8,932	8,388	7,578
Other	1,947	1,947	105
Total	$ 161,527	$ 150,905	$ 138,185

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Thousands		3 Months Ended				9 Months Ended
SEGMENT INFORMATION (Details) - USD ($) $ in Thousands		Oct. 03, 2015		Sep. 27, 2014		Oct. 03, 2015	Sep. 27, 2014
Segment Reporting Information [Line Items]
Accretion				$ 400		$ 1,900	$ 900
Net sales		$ 849,806		798,936		2,147,335	2,024,645
Operating Income (Loss)		$ 130,221		$ 110,457		$ 276,678	$ 219,335
Operating income (loss) as percentage of segment net sales		15.30%		13.80%		12.90%	10.80%
Amortization of tradenames		$ 1,000		$ 2,300		$ 5,400	$ 14,200
Other Tradenames [Member]
Segment Reporting Information [Line Items]
Amortization of tradenames				2,300			14,200
Hogansville Distribution Facility [Member]
Segment Reporting Information [Line Items]
Restructuring charge due to closure	[1]	0		200		0	900
Office Consolidation [Member]
Segment Reporting Information [Line Items]
Restructuring charge due to closure		0		0		0	6,600
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales		$ 849,806		$ 798,936		$ 2,147,335	$ 2,024,645
Percentage of total net sales		0.00%		100.00%		100.00%	100.00%
Operating Segments [Member] \| Carter's [Member]
Segment Reporting Information [Line Items]
Net sales		$ 638,483		$ 591,227		$ 1,624,235	$ 1,526,933
Percentage of total net sales		75.10%		74.00%		75.60%	75.40%
Operating Income (Loss)		$ 126,080		$ 110,263		$ 307,042	$ 271,148
Operating income (loss) as percentage of segment net sales		19.70%		18.60%		18.90%	17.80%
Operating Segments [Member] \| OshKosh [Member]
Segment Reporting Information [Line Items]
Net sales		$ 117,086		$ 116,534		$ 293,938	$ 274,842
Percentage of total net sales		13.80%		14.50%		13.70%	13.60%
Operating Income (Loss)		$ 10,658		$ 7,540		$ 13,111	$ 4,242
Operating income (loss) as percentage of segment net sales		9.10%		6.50%		4.50%	1.50%
Operating Segments [Member] \| Wholesale [Member] \| Carter's [Member]
Segment Reporting Information [Line Items]
Net sales		$ 343,555		$ 309,772		$ 824,600	$ 781,460
Percentage of total net sales		40.40%		38.80%		38.40%	38.60%
Operating Income (Loss)		$ 74,347		$ 55,762		$ 172,485	$ 133,489
Operating income (loss) as percentage of segment net sales		21.60%		18.00%		20.90%	17.10%
Operating Segments [Member] \| Wholesale [Member] \| OshKosh [Member]
Segment Reporting Information [Line Items]
Net sales		$ 18,794		$ 25,107		$ 49,151	$ 52,342
Percentage of total net sales		2.20%		3.10%		2.30%	2.60%
Operating Income (Loss)		$ 4,487		$ 2,240		$ 9,715	$ 5,125
Operating income (loss) as percentage of segment net sales		23.90%		8.90%		19.80%	9.80%
Operating Segments [Member] \| Retail [Member] \| Carter's [Member]
Segment Reporting Information [Line Items]
Net sales	[2]	$ 294,928		$ 281,455		$ 799,635	$ 745,473
Percentage of total net sales	[2]	34.70%		35.20%		37.20%	36.80%
Operating Income (Loss)		$ 51,733	[2]	$ 54,501	[2]	$ 134,557	$ 137,659	[2]
Operating income (loss) as percentage of segment net sales		17.50%	[2]	19.40%	[2]	16.80%	18.50%	[2]
Operating Segments [Member] \| Retail [Member] \| OshKosh [Member]
Segment Reporting Information [Line Items]
Net sales	[2]	$ 98,292		$ 91,427		$ 244,787	$ 222,500
Percentage of total net sales	[2]	11.60%		11.40%		11.40%	11.00%
Operating Income (Loss)		$ 6,171	[2]	$ 5,300	[2]	$ 3,396	$ (883)	[2]
Operating income (loss) as percentage of segment net sales		6.30%	[2]	5.80%	[2]	1.40%	(0.40%)	[2]
Operating Segments [Member] \| International [Member]
Segment Reporting Information [Line Items]
Net sales	[3]	$ 94,237		$ 91,175		$ 229,162	$ 222,870
Percentage of total net sales	[3]	11.10%		11.50%		10.70%	11.00%
Operating Income (Loss)		$ 18,220	[3],[4]	$ 15,896	[3],[4]	$ 30,967	$ 27,039	[3],[4]
Operating income (loss) as percentage of segment net sales		19.30%	[3],[4]	17.40%	[3],[4]	13.50%	12.10%	[3],[4]
Corporate [Member]
Segment Reporting Information [Line Items]
Corporate expenses		$ 24,737		$ 23,242		$ (74,442)	$ (83,094)	[5],[6]

[1]	Continuing operating costs associated with the closure of the Company's distribution facility in Hogansville, Georgia. This facility was sold in December 2014.
[2]	Includes eCommerce results.
[3]	Net sales include international retail, eCommerce, and wholesale sales. Operating income includes international licensing income.
[4]	Includes charges associated with the revaluation of the Company's contingent consideration related to the Company's 2011 acquisition of Bonnie Togs of approximately $1.9 million for the three-fiscal-quarter period ended October 3, 2015, and $0.4 million and $0.9 million for the fiscal quarter and the three-fiscal-quarter period ended September 27, 2014, respectively. Also includes expenses of approximately $0.5 million for the three quarters of fiscal 2014 related to the Company's 2014 exit from Japan retail operations.
[5]	Corporate expenses include expenses related to incentive compensation, stock-based compensation, executive management, severance and relocation, finance, building occupancy, information technology, certain legal fees, consulting, and audit fees.
[6]	Fiscal quarter ended Three fiscal quarters ended(dollars in millions)October 3, 2015 September 27, 2014 October 3, 2015 September 27, 2014Closure of distribution facility in Hogansville, GA (1)$— $0.2 $— $0.9Office consolidation costs $— $— $— $6.6Amortization of tradenames$1.0 $2.3 $5.4 $14.2(1)Continuing operating costs associated with the closure of the Company's distribution facility in Hogansville, Georgia. This facility was sold in December 2014.

OFFICE CONSOLIDATION (Details)

OFFICE CONSOLIDATION (Details) - Office Consolidation [Member] $ in Thousands	9 Months Ended
	Oct. 03, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, beginning balance	$ 3,600
Payments	(1,100)
Restructuring reserve, ending balance	2,500
Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, beginning balance	800
Payments	(500)
Restructuring reserve, ending balance	300
Other Closure Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, beginning balance	2,800
Payments	(600)
Restructuring reserve, ending balance	$ 2,200

FACILITY CLOSURE RESTRUCTURING

FACILITY CLOSURE RESTRUCTURING AND RELATED ACTIVITIES (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2014	Mar. 29, 2014	Oct. 03, 2015	Jan. 03, 2015
Hogansville Distribution Facility [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 4,600	$ 2,000
Office Consolidation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	4,300		$ 2,500	$ 3,600
Japan Retail Operations [Member] \| Office Consolidation [Member] \| Accelerated Depreciation [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	900
Cost of Sales [Member] \| Japan Retail Operations [Member] \| Recovery on Inventory [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 1,000

GUARANTOR CONDENSED CONSOLIDA55

GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Balance Sheets) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Jan. 03, 2015	Sep. 27, 2014	Dec. 28, 2013
Current assets:
Cash and cash equivalents	$ 288,260	$ 340,638	$ 133,646	$ 286,546
Accounts receivable, net	246,565	184,563	232,478
Intercompany receivable	0	0	0
Intercompany Loan Receivables	0	0	0
Finished goods inventories	511,520	444,844	519,416
Prepaid expenses and other current assets	37,260	34,788	31,258
Deferred income taxes	34,895	36,625	38,569
Total current assets	1,118,500	1,041,458	955,367
Property, plant, and equipment, net of accumulated depreciation of $276,230, $245,011, and $245,778	361,305	333,097	332,875
Goodwill	176,633	181,975	184,196
Tradenames and other intangibles, net	311,842	317,297	316,046
Deferred debt issuance costs, net	7,235	6,677	7,043
Other assets	12,525	12,592	11,214
Intercompany long term receivable	0	0	0
Intercompany long term note receivable	0	0	0
Investment in subsidiaries	0	0	0
Total assets	1,988,040	1,893,096	1,806,741
Current liabilities:
Accounts payable	173,594	150,243	117,329
Intercompany payables	0	0	0
Intercompany Loan Payables	0	0	0
Other current liabilities	105,199	97,728	100,473
Total current liabilities	278,793	247,971	217,802
Long-term debt	585,278	586,000	586,000
Deferred income taxes	119,499	121,536	113,173
Intercompany long term liability	0	0	0
Intercompany long term note payable	0	0	0
Other long-term liabilities	161,527	150,905	138,185
Total stockholders' equity	842,943	786,684	751,581
Total liabilities and stockholders' equity	1,988,040	1,893,096	1,806,741
Parent [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts receivable, net	0	0	0
Intercompany receivable	0	0	0
Intercompany Loan Receivables	0	0	0
Finished goods inventories	0	0	0
Prepaid expenses and other current assets	0	0	0
Deferred income taxes	0	0	0
Total current assets	0	0	0
Property, plant, and equipment, net of accumulated depreciation of $276,230, $245,011, and $245,778	0	0	0
Goodwill	0	0	0
Tradenames and other intangibles, net	0	0	0
Deferred debt issuance costs, net	0	0	0
Other assets	0	0	0
Intercompany long term receivable	0	0	0
Intercompany long term note receivable	0	0	0
Investment in subsidiaries	842,943	786,684	751,581
Total assets	842,943	786,684	751,581
Current liabilities:
Accounts payable	0	0	0
Intercompany payables	0	0	0
Intercompany Loan Payables	0	0	0
Other current liabilities	0	0	0
Total current liabilities	0	0	0
Long-term debt	0	0	0
Deferred income taxes	0	0	0
Intercompany long term liability	0	0	0
Intercompany long term note payable	0	0	0
Other long-term liabilities	0	0	0
Total stockholders' equity	842,943	786,684	751,581
Total liabilities and stockholders' equity	842,943	786,684	751,581
Subsidiary Issuer [Member]
Current assets:
Cash and cash equivalents	232,568	311,078	106,699	278,260
Accounts receivable, net	208,369	155,192	198,339
Intercompany receivable	87,419	58,402	89,704
Intercompany Loan Receivables	15,000	20,000	35,000
Finished goods inventories	278,793	240,702	270,504
Prepaid expenses and other current assets	18,113	15,143	9,151
Deferred income taxes	22,739	21,308	23,860
Total current assets	863,001	821,825	733,257
Property, plant, and equipment, net of accumulated depreciation of $276,230, $245,011, and $245,778	160,579	158,017	158,401
Goodwill	136,570	136,570	136,570
Tradenames and other intangibles, net	226,342	231,765	230,495
Deferred debt issuance costs, net	7,235	6,677	7,043
Other assets	11,358	11,781	10,685
Intercompany long term receivable	0	0	0
Intercompany long term note receivable	100,000	100,000	100,000
Investment in subsidiaries	614,624	591,735	581,538
Total assets	2,119,709	2,058,370	1,957,989
Current liabilities:
Accounts payable	100,487	102,233	73,951
Intercompany payables	102,208	105,940	88,637
Intercompany Loan Payables	0	0	0
Other current liabilities	57,316	15,782	39,007
Total current liabilities	260,011	223,955	201,595
Long-term debt	566,000	586,000	586,000
Deferred income taxes	80,871	81,406	70,230
Intercompany long term liability	264,618	274,584	233,039
Intercompany long term note payable	0	0	0
Other long-term liabilities	71,170	69,467	69,962
Total stockholders' equity	877,039	822,958	797,163
Total liabilities and stockholders' equity	2,119,709	2,058,370	1,957,989
Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	17,434	10,442	5,708	0
Accounts receivable, net	29,210	22,770	25,988
Intercompany receivable	100,357	106,137	86,256
Intercompany Loan Receivables	0	0	0
Finished goods inventories	216,270	191,953	236,235
Prepaid expenses and other current assets	14,963	13,059	15,053
Deferred income taxes	11,192	12,983	13,026
Total current assets	389,426	357,344	382,266
Property, plant, and equipment, net of accumulated depreciation of $276,230, $245,011, and $245,778	171,615	147,076	146,908
Goodwill	0	0	0
Tradenames and other intangibles, net	85,500	85,500	85,500
Deferred debt issuance costs, net	0	0	0
Other assets	784	811	529
Intercompany long term receivable	264,618	274,584	233,039
Intercompany long term note receivable	0	0	0
Investment in subsidiaries	19,118	9,647	8,156
Total assets	931,061	874,962	856,398
Current liabilities:
Accounts payable	59,060	37,869	32,008
Intercompany payables	85,814	55,812	93,747
Intercompany Loan Payables	0	0	0
Other current liabilities	37,905	67,793	47,401
Total current liabilities	182,779	161,474	173,156
Long-term debt	0	0	0
Deferred income taxes	38,628	40,130	42,943
Intercompany long term liability	0	0	0
Intercompany long term note payable	100,000	100,000	100,000
Other long-term liabilities	78,658	68,426	55,844
Total stockholders' equity	530,996	504,932	484,455
Total liabilities and stockholders' equity	931,061	874,962	856,398
Non-Guarantors Subsidiaries [Member]
Current assets:
Cash and cash equivalents	38,258	19,118	21,239	8,286
Accounts receivable, net	8,986	6,601	8,151
Intercompany receivable	3,675	2,012	10,153
Intercompany Loan Receivables	0	0	0
Finished goods inventories	50,553	48,463	58,259
Prepaid expenses and other current assets	4,184	6,586	7,054
Deferred income taxes	964	2,334	1,683
Total current assets	106,620	85,114	106,539
Property, plant, and equipment, net of accumulated depreciation of $276,230, $245,011, and $245,778	29,111	28,004	27,566
Goodwill	40,063	45,405	47,626
Tradenames and other intangibles, net	0	32	51
Deferred debt issuance costs, net	0	0	0
Other assets	383	0	0
Intercompany long term receivable	0	0	0
Intercompany long term note receivable	0	0	0
Investment in subsidiaries	0	0	0
Total assets	176,177	158,555	181,782
Current liabilities:
Accounts payable	14,047	10,141	11,370
Intercompany payables	3,429	4,799	3,729
Intercompany Loan Payables	15,000	20,000	35,000
Other current liabilities	9,978	14,153	14,065
Total current liabilities	42,454	49,093	64,164
Long-term debt	19,278	0	0
Deferred income taxes	0	0	0
Intercompany long term liability	0	0	0
Intercompany long term note payable	0	0	0
Other long-term liabilities	11,699	13,012	12,379
Total stockholders' equity	102,746	96,450	105,239
Total liabilities and stockholders' equity	176,177	158,555	181,782
Consolidating Adjustments [Member]
Current assets:
Cash and cash equivalents	0	0	0	$ 0
Accounts receivable, net	0	0	0
Intercompany receivable	(191,451)	(166,551)	(186,113)
Intercompany Loan Receivables	(15,000)	(20,000)	(35,000)
Finished goods inventories	(34,096)	(36,274)	(45,582)
Prepaid expenses and other current assets	0	0	0
Deferred income taxes	0	0	0
Total current assets	(240,547)	(222,825)	(266,695)
Property, plant, and equipment, net of accumulated depreciation of $276,230, $245,011, and $245,778	0	0	0
Goodwill	0	0	0
Tradenames and other intangibles, net	0	0	0
Deferred debt issuance costs, net	0	0	0
Other assets	0	0	0
Intercompany long term receivable	(264,618)	(274,584)	(233,039)
Intercompany long term note receivable	(100,000)	(100,000)	(100,000)
Investment in subsidiaries	(1,476,685)	(1,388,066)	(1,341,275)
Total assets	(2,081,850)	(1,985,475)	(1,941,009)
Current liabilities:
Accounts payable	0	0	0
Intercompany payables	(191,451)	(166,551)	(186,113)
Intercompany Loan Payables	(15,000)	(20,000)	(35,000)
Other current liabilities	0	0	0
Total current liabilities	(206,451)	(186,551)	(221,113)
Long-term debt	0	0	0
Deferred income taxes	0	0	0
Intercompany long term liability	(264,618)	(274,584)	(233,039)
Intercompany long term note payable	(100,000)	(100,000)	(100,000)
Other long-term liabilities	0	0	0
Total stockholders' equity	(1,510,781)	(1,424,340)	(1,386,857)
Total liabilities and stockholders' equity	$ (2,081,850)	$ (1,985,475)	$ (1,941,009)

GUARANTOR CONDENSED CONSOLIDA56

GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Income Statement) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Condensed Income Statements, Captions [Line Items]
Net sales	$ 849,806	$ 798,936	$ 2,147,335	$ 2,024,645
Cost of goods sold	502,267	477,730	1,252,849	1,196,237
Gross profit	347,539	321,206	894,486	828,408
Selling, general, and administrative expenses	230,017	221,939	650,496	638,349
Interest expense	(12,699)	(11,190)	(32,688)	(29,276)
Operating income	130,221	110,457	276,678	219,335
Interest expense	6,907	6,843	20,534	20,623
Other expense, net	(91)	(45)	(385)	(317)
(Income) loss in subsidiaries	0	0	0	0
Other (income) expense, net	(622)	1,311	(560)	1,718
Income before income taxes	124,027	102,348	257,089	197,311
Provision for income taxes	44,701	36,462	91,866	71,232
Net income	79,326	65,886	165,223	126,079
Parent [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	0	0	0	0
Cost of goods sold	0	0	0	0
Gross profit	0	0	0	0
Selling, general, and administrative expenses	0	0	0	0
Interest expense	0	0	0	0
Operating income	0	0	0	0
Interest expense	0	0	0	0
Other expense, net	0	0	0	0
(Income) loss in subsidiaries	(79,326)	(65,886)	(165,223)	(126,079)
Other (income) expense, net	0	0	0	0
Income before income taxes	79,326	65,886	165,223	126,079
Provision for income taxes	0	0	0	0
Net income	79,326	65,886	165,223	126,079
Subsidiary Issuer [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	539,181	523,572	1,336,785	1,269,456
Cost of goods sold	380,427	372,575	932,937	913,112
Gross profit	158,754	150,997	403,848	356,344
Selling, general, and administrative expenses	49,317	54,524	133,733	144,119
Interest expense	(9,175)	(8,607)	(24,555)	(22,584)
Operating income	118,612	105,080	294,670	234,809
Interest expense	6,754	6,841	20,189	20,620
Other expense, net	(1,400)	(1,465)	(4,402)	(4,386)
(Income) loss in subsidiaries	(1,645)	(5,451)	31,055	25,344
Other (income) expense, net	251	(89)	56	(224)
Income before income taxes	114,652	105,244	247,772	193,455
Provision for income taxes	35,132	25,419	84,727	53,616
Net income	79,520	79,825	163,045	139,839
Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	427,028	410,161	1,137,585	1,057,542
Cost of goods sold	263,009	248,442	699,769	624,036
Gross profit	164,019	161,719	437,816	433,506
Selling, general, and administrative expenses	169,379	154,631	484,278	454,600
Interest expense	(5,983)	(5,628)	(14,462)	(13,823)
Operating income	623	12,716	(32,000)	(7,271)
Interest expense	1,318	1,298	3,994	3,909
Other expense, net	0	0	0	0
(Income) loss in subsidiaries	(3,904)	(3,256)	(7,466)	(10,034)
Other (income) expense, net	(269)	93	(106)	208
Income before income taxes	3,478	14,581	(28,422)	(1,354)
Provision for income taxes	6,098	9,648	3,211	15,569
Net income	(2,620)	4,933	(31,633)	(16,923)
Non-Guarantors Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	71,068	66,731	170,826	164,894
Cost of goods sold	39,180	39,513	96,788	95,317
Gross profit	31,888	27,218	74,038	69,577
Selling, general, and administrative expenses	20,708	20,618	62,208	64,020
Interest expense	0	0	0	0
Operating income	11,180	6,600	11,830	5,557
Interest expense	169	145	425	189
Other expense, net	(25)	(21)	(57)	(26)
(Income) loss in subsidiaries	0	0	0	0
Other (income) expense, net	(604)	1,307	(510)	1,734
Income before income taxes	11,640	5,169	11,972	3,660
Provision for income taxes	3,471	1,395	3,928	2,047
Net income	8,169	3,774	8,044	1,613
Consolidating Adjustments [Member]
Condensed Income Statements, Captions [Line Items]
Net sales	(187,471)	(201,528)	(497,861)	(467,247)
Cost of goods sold	(180,349)	(182,800)	(476,645)	(436,228)
Gross profit	(7,122)	(18,728)	(21,216)	(31,019)
Selling, general, and administrative expenses	(9,387)	(7,834)	(29,723)	(24,390)
Interest expense	2,459	3,045	6,329	7,131
Operating income	(194)	(13,939)	2,178	(13,760)
Interest expense	(1,334)	(1,441)	(4,074)	(4,095)
Other expense, net	1,334	1,441	4,074	4,095
(Income) loss in subsidiaries	84,875	74,593	141,634	110,769
Other (income) expense, net	0	0	0	0
Income before income taxes	(85,069)	(88,532)	(139,456)	(124,529)
Provision for income taxes	0	0	0	0
Net income	$ (85,069)	$ (88,532)	$ (139,456)	$ (124,529)

GUARANTOR CONDENSED CONSOLIDA57

GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Condensed Financial Statements, Captions [Line Items]
Net income	$ 79,326	$ 65,886	$ 165,223	$ 126,079
Foreign currency translation adjustments	(4,205)	(3,577)	(10,443)	(3,545)
Comprehensive income	75,121	62,309	154,780	122,534
Parent [Member]
Condensed Financial Statements, Captions [Line Items]
Net income	79,326	65,886	165,223	126,079
Foreign currency translation adjustments	(4,205)	(3,577)	(10,443)	(3,545)
Comprehensive income	75,121	62,309	154,780	122,534
Subsidiary Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net income	79,520	79,825	163,045	139,839
Foreign currency translation adjustments	(4,205)	(3,577)	(10,443)	(3,545)
Comprehensive income	75,315	76,248	152,602	136,294
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net income	(2,620)	4,933	(31,633)	(16,923)
Foreign currency translation adjustments	(69)	(7)	(38)	(140)
Comprehensive income	(2,689)	4,926	(31,671)	(17,063)
Non-Guarantors Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net income	8,169	3,774	8,044	1,613
Foreign currency translation adjustments	(4,205)	(3,577)	(10,443)	(3,545)
Comprehensive income	3,964	197	(2,399)	(1,932)
Consolidating Adjustments [Member]
Condensed Financial Statements, Captions [Line Items]
Net income	(85,069)	(88,532)	(139,456)	(124,529)
Foreign currency translation adjustments	8,479	7,161	20,924	7,230
Comprehensive income	$ (76,590)	$ (81,371)	$ (118,532)	$ (117,299)

GUARANTOR CONDENSED CONSOLIDA58

GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS (Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities			$ 146,034	$ 24,927
Cash flows from investing activities:
Capital expenditures			(76,987)	(83,634)
Intercompany investing activity			0	0
Payment of Intercompany Borrowings			0
Proceeds From Repayment of Intercompany Loan			0
Proceeds from sale of property, plant and equipment			66	143
Net cash used in investing activities			(76,921)	(83,491)
Cash flows from financing activities:
Intercompany financing activity			0	0
Proceeds from intercompany loan			0	0
Payment, Issuance of Intercompany Loan			0
Borrowings under secured revolving credit facility			205,586	0
Payments on secured revolving credit facility			(205,237)	0
Dividends paid			(34,617)	(30,453)
Payments of debt issuance costs	$ (1,500)		(1,495)	(145)
Repurchase of common stock			(78,339)	(62,769)
Payment Of Contingent Consideration			7,572	8,901
Income tax benefit from stock-based compensation			7,963	4,356
Withholdings from vesting of restricted stock			(12,575)	(4,472)
Proceeds from exercise of stock options			5,743	7,771
Net cash (used in) provided by financing activities			(120,543)	(94,613)
Effect of exchange rate changes on cash			(948)	277
Net increase (decrease) in cash and cash equivalents			(52,378)	(152,900)
Cash and cash equivalents, beginning of period			340,638	286,546
Cash and cash equivalents, end of period	288,260	$ 133,646	288,260	133,646
Excess Tax Benefit from Share-based Compensation, Operating Activities			7,963	4,356
Gain (Loss) on Disposition of Property Plant Equipment			(80)	(541)
Amortization of debt issuance costs			1,246	1,144
Non-cash stock-based compensation expense	3,744	4,054	13,304	13,883
Parent [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities			0	0
Cash flows from investing activities:
Capital expenditures			0	0
Intercompany investing activity			119,788	89,923
Payment of Intercompany Borrowings			0
Proceeds from sale of property, plant and equipment			0	0
Net cash used in investing activities			119,788	89,923
Cash flows from financing activities:
Intercompany financing activity			0	0
Proceeds from intercompany loan			0	0
Payment, Issuance of Intercompany Loan			0
Borrowings under secured revolving credit facility			0
Payments on secured revolving credit facility			0
Dividends paid			(34,617)	(30,453)
Payments of debt issuance costs			0	0
Repurchase of common stock			(78,339)	(62,769)
Payment Of Contingent Consideration			0	0
Income tax benefit from stock-based compensation			0	0
Withholdings from vesting of restricted stock			(12,575)	(4,472)
Proceeds from exercise of stock options			5,743	7,771
Net cash (used in) provided by financing activities			(119,788)	(89,923)
Effect of exchange rate changes on cash			0	0
Net increase (decrease) in cash and cash equivalents			0	0
Cash and cash equivalents, beginning of period			0	0
Cash and cash equivalents, end of period	0	0	0	0
Subsidiary Issuer [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities			85,213	23,632
Cash flows from investing activities:
Capital expenditures			(21,953)	(38,659)
Intercompany investing activity			4,357	14,700
Payment of Intercompany Borrowings			(15,000)	(35,000)
Proceeds From Repayment of Intercompany Loan			20,000
Proceeds from sale of property, plant and equipment			59	140
Net cash used in investing activities			(12,537)	(58,819)
Cash flows from financing activities:
Intercompany financing activity			(127,475)	(129,182)
Proceeds from intercompany loan			0	0
Payment, Issuance of Intercompany Loan			0
Borrowings under secured revolving credit facility			166,000
Payments on secured revolving credit facility			(186,000)
Dividends paid			0	0
Payments of debt issuance costs			(1,495)	(145)
Repurchase of common stock			0	0
Payment Of Contingent Consideration			7,572	8,901
Income tax benefit from stock-based compensation			5,356	1,854
Withholdings from vesting of restricted stock			0	0
Proceeds from exercise of stock options			0	0
Net cash (used in) provided by financing activities			(151,186)	(136,374)
Effect of exchange rate changes on cash			0	0
Net increase (decrease) in cash and cash equivalents			(78,510)	(171,561)
Cash and cash equivalents, beginning of period			311,078	278,260
Cash and cash equivalents, end of period	232,568	106,699	232,568	106,699
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities			38,022	9,458
Cash flows from investing activities:
Capital expenditures			(46,876)	(37,123)
Intercompany investing activity			(2,607)	(2,502)
Payment of Intercompany Borrowings			0
Proceeds from sale of property, plant and equipment			0	0
Net cash used in investing activities			(49,483)	(39,625)
Cash flows from financing activities:
Intercompany financing activity			15,846	33,373
Proceeds from intercompany loan			0	0
Payment, Issuance of Intercompany Loan			0
Borrowings under secured revolving credit facility			0
Payments on secured revolving credit facility			0
Dividends paid			0	0
Payments of debt issuance costs			0	0
Repurchase of common stock			0	0
Payment Of Contingent Consideration			0	0
Income tax benefit from stock-based compensation			2,607	2,502
Withholdings from vesting of restricted stock			0	0
Proceeds from exercise of stock options			0	0
Net cash (used in) provided by financing activities			18,453	35,875
Effect of exchange rate changes on cash			0	0
Net increase (decrease) in cash and cash equivalents			6,992	5,708
Cash and cash equivalents, beginning of period			10,442	0
Cash and cash equivalents, end of period	17,434	5,708	17,434	5,708
Non-Guarantors Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities			22,799	(8,163)
Cash flows from investing activities:
Capital expenditures			(8,158)	(7,852)
Intercompany investing activity			(8,582)	(8,901)
Payment of Intercompany Borrowings			0
Proceeds from sale of property, plant and equipment			7	3
Net cash used in investing activities			(16,733)	(16,750)
Cash flows from financing activities:
Intercompany financing activity			(1,327)	2,589
Proceeds from intercompany loan			15,000	35,000
Payment, Issuance of Intercompany Loan			(20,000)
Borrowings under secured revolving credit facility			39,586
Payments on secured revolving credit facility			(19,237)
Dividends paid			0	0
Payments of debt issuance costs			0	0
Repurchase of common stock			0	0
Payment Of Contingent Consideration			0	0
Income tax benefit from stock-based compensation			0	0
Withholdings from vesting of restricted stock			0	0
Proceeds from exercise of stock options			0	0
Net cash (used in) provided by financing activities			14,022	37,589
Effect of exchange rate changes on cash			(948)	277
Net increase (decrease) in cash and cash equivalents			19,140	12,953
Cash and cash equivalents, beginning of period			19,118	8,286
Cash and cash equivalents, end of period	38,258	21,239	38,258	21,239
Consolidating Adjustments [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities			0	0
Cash flows from investing activities:
Capital expenditures			0	0
Intercompany investing activity			(112,956)	(93,220)
Payment of Intercompany Borrowings			15,000	35,000
Proceeds From Repayment of Intercompany Loan			(20,000)
Proceeds from sale of property, plant and equipment			0	0
Net cash used in investing activities			(117,956)	(58,220)
Cash flows from financing activities:
Intercompany financing activity			112,956	93,220
Proceeds from intercompany loan			(15,000)	(35,000)
Payment, Issuance of Intercompany Loan			20,000
Borrowings under secured revolving credit facility			0
Payments on secured revolving credit facility			0
Dividends paid			0	0
Payments of debt issuance costs			0	0
Repurchase of common stock			0	0
Payment Of Contingent Consideration			0	0
Income tax benefit from stock-based compensation			0	0
Withholdings from vesting of restricted stock			0	0
Proceeds from exercise of stock options			0	0
Net cash (used in) provided by financing activities			117,956	58,220
Effect of exchange rate changes on cash			0	0
Net increase (decrease) in cash and cash equivalents			0	0
Cash and cash equivalents, beginning of period			0	0
Cash and cash equivalents, end of period	$ 0	$ 0	$ 0	$ 0