Hanesbrands (HBI) 10-Q 31 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jul. 04, 2015	Jul. 24, 2015
Document Documentand Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jul. 4, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	HBI
Entity Registrant Name	Hanesbrands Inc.
Entity Central Index Key	1,359,841
Current Fiscal Year End Date	--01-02
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		402,476,788

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Statement Condensed Consolidated Statements of Income (Loss) Unaudited [Abstract]
Net sales	$ 1,522,033	$ 1,342,052	$ 2,730,954	$ 2,401,422
Cost of sales	953,808	837,698	1,716,498	1,540,291
Gross profit	568,225	504,354	1,014,456	861,131
Selling, general and administrative expenses	429,292	297,230	785,592	582,219
Operating profit	138,933	207,124	228,864	278,912
Other expenses	830	660	1,212	1,095
Interest expense, net	29,020	21,119	55,907	42,937
Income before income tax expense	109,083	185,345	171,745	234,880
Income tax expense	14,181	30,767	24,207	38,742
Net income	$ 94,902	$ 154,578	$ 147,538	$ 196,138
Earnings per share:
Net income (loss) (usd per share)	$ 0.23	$ 0.38	$ 0.37	$ 0.49
Earnings per share — diluted:
Net income (loss) (usd per share)	$ 0.23	$ 0.38	$ 0.36	$ 0.48

Condensed Consolidated Stateme3

Condensed Consolidated Statement of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Statement Condensed Consolidated Statements Of Comprehensive Income Unaudited [Abstract]
Net income	$ 94,902	$ 154,578	$ 147,538	$ 196,138
Other comprehensive income (loss), net of tax of $106, ($481), ($3,734) and ($1,288), respectively	(506)	3,968	4,337	3,187
Comprehensive income	$ 94,396	$ 158,546	$ 151,875	$ 199,325

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Statement Condensed Consolidated Statements Of Comprehensive Income Unaudited [Abstract]
Tax on other comprehensive income	$ 106	$ (481)	$ (3,734)	$ (1,288)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015
Assets
Cash and cash equivalents	$ 315,354	$ 239,855
Trade accounts receivable, net	835,299	672,048
Inventories	1,766,761	1,537,200
Deferred tax assets	214,468	215,065
Other current assets	164,440	101,064
Total current assets	3,296,322	2,765,232
Property, net	658,789	674,379
Trademarks and other identifiable intangibles, net	713,783	691,201
Goodwill	835,027	723,120
Deferred tax assets	291,073	294,347
Other noncurrent assets	77,387	73,502
Total assets	5,872,381	5,221,781
Liabilities and Stockholders’ Equity
Accounts payable	661,369	621,220
Accrued liabilities	472,938	495,627
Notes payable	112,818	144,438
Accounts Receivable Securitization Facility	232,134	210,963
Current portion of long-term debt	34,431	14,354
Total current liabilities	1,513,690	1,486,602
Long-term debt	2,217,760	1,613,997
Pension and postretirement benefits	364,433	472,003
Other noncurrent liabilities	324,726	262,407
Total liabilities	4,420,609	3,835,009
Stockholders’ equity:
Preferred stock (50,000,000 authorized shares; $.01 par value) Issued and outstanding - None	0	0
Common stock (2,000,000,000 authorized shares; $.01 par value) Issued and outstanding - 402,476,510 and 400,789,120, respectively	4,025	4,008
Additional paid-in capital	285,504	290,926
Retained earnings	1,530,495	1,464,427
Accumulated other comprehensive loss	(368,252)	(372,589)
Total stockholders’ equity	1,451,772	1,386,772
Total liabilities and stockholders’ equity	$ 5,872,381	$ 5,221,781

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 04, 2015	Jan. 03, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	2,000,000,000	2,000,000,000
Common stock, shares issued	402,476,510	400,789,120
Common stock, shares outstanding	402,476,510	400,789,120

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014
Operating activities:
Net income	$ 147,538	$ 196,138
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization of long-lived assets	50,807	46,040
Amortization of debt issuance costs	3,412	2,853
Stock compensation expense	6,460	8,554
Deferred taxes and other	(6,021)	(4,611)
Changes in assets and liabilities, net of acquisition of business:
Accounts receivable	(164,334)	(200,973)
Inventories	(228,738)	(117,576)
Other assets	(26,925)	6,560
Accounts payable	56,241	93,954
Accrued liabilities and other	(71,508)	(26,001)
Net cash from operating activities	(233,068)	4,938
Investing activities:
Purchases of property, plant and equipment	(56,238)	(24,585)
Proceeds from sales of assets	5,145	4,918
Acquisition of business, net of cash acquired	193,461	0
Net cash from investing activities	(244,554)	(19,667)
Financing activities:
Borrowings on notes payable	177,730	66,737
Repayments on notes payable	(200,706)	(61,957)
Borrowings on Accounts Receivable Securitization Facility	134,339	115,609
Repayments on Accounts Receivable Securitization Facility	(113,168)	(72,399)
Borrowings on Revolving Loan Facility	2,794,000	1,782,500
Repayments on Revolving Loan Facility	(2,970,500)	(1,726,500)
Repayments on Euro Term Loan Facility	(2,004)	0
Borrowings on Term Loan A Facility	425,000	0
Repayments on Term Loan A Facility	5,313	0
Borrowings on Term Loan B Facility	425,000	0
Repayments on Term Loan B Facility	(1,063)	0
Cash dividends paid	(81,470)	(59,731)
Taxes paid related to net shares settlement of equity awards	(47,432)	(10,342)
Excess tax benefit from stock-based compensation	34,127	7,895
Debt issuance costs and other	(11,839)	806
Net cash from financing activities	556,701	42,618
Effect of changes in foreign exchange rates on cash	(3,580)	(135)
Change in cash and cash equivalents	75,499	27,754
Cash and cash equivalents at beginning of year	239,855	115,863
Cash and cash equivalents at end of period	$ 315,354	$ 143,617

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Basis of Presentation	Basis of Presentation These statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and, in accordance with those rules and regulations, do not include all information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Management believes that the disclosures made are adequate for a fair statement of the results of operations, financial condition and cash flows of Hanesbrands Inc., a Maryland corporation, and its consolidated subsidiaries (the “Company” or “Hanesbrands”). In the opinion of management, the condensed consolidated interim financial statements reflect all adjustments, which consist only of normal recurring adjustments, necessary to state fairly the results of operations, financial condition and cash flows for the interim periods presented herein. The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make use of estimates and assumptions that affect the reported amounts and disclosures. Actual results may vary from these estimates. A subsidiary of the Company closes one week earlier than the Company’s consolidated quarter end. The difference in reporting one week of financial information for this subsidiary did not have a material impact on the Company’s financial condition, results of operations or cash flows. Certain prior year amounts in the notes to condensed consolidated financial statements, none of which are material, have been reclassified to conform with the current year presentation. These reclassifications had no impact on the Company’s results of operations. These condensed consolidated interim financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s most recent Annual Report on Form 10-K. The results of operations for any interim period are not necessarily indicative of the results of operations to be expected for the full year.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Revenue from Contracts with Customers In July 2015, the FASB decided to delay effective dates for the new accounting rules related to revenue recognition for contracts with customers by one year. The new standard will be effective for the Company in the first quarter of 2018 with retrospective application required. The Company is currently in the process of evaluating the impact of adoption of the new rules on the Company’s financial condition, results of operations and cash flows. Debt Issuance Costs In April 2015, the FASB issued new accounting rules, which require debt issuance costs to be presented in the balance sheet as a direct deduction from the associated debt liability. The new rules will be effective for the Company in the first quarter of 2016. The Company does not expect the adoption of the new accounting rules to have a material impact on the Company’s financial condition, results of operations or cash flows.

Acquisitions

Acquisitions	6 Months Ended
	Jul. 04, 2015
Business Combinations [Abstract]
Acquisitions	Acquisitions Knights Apparel On April 6, 2015, the Company completed the acquisition of Knights Holdco, Inc. (“Knights Apparel”), a leading seller of licensed collegiate logo apparel in the mass retail channel, from Merit Capital Partners in an all cash transaction valued at approximately $193,520 on an enterprise value basis. The Company funded the acquisition with cash on hand and short-term borrowings under its Revolving Loan Facility. The Knights Apparel and Pro Edge trademarks and brand names, which management believes to have indefinite lives, have been valued at $12,000 . Amortizable intangible assets have been assigned values of $31,200 for license agreements, $14,500 for distribution networks, and $2,250 for non-compete agreements. License agreements are being amortized over 14 years . Distributor relationships are being amortized over 12 years . Non-compete agreements are being amortized over one year . Knights Apparel contributed net revenues of $37,100 and $5,031 of pretax earnings since the date of acquisition. The results of Knights Apparel have been included in the Company’s consolidated financial statements since the date of acquisition and are reported as part of the Activewear segment. Factors that contribute to the amount of goodwill recognized for the acquisition include the value of the existing work force and cost savings by utilizing the Company’s low-cost supply chain and expected synergies with existing Company functions. Goodwill associated with the acquisition is not tax deductible. The allocation of purchase price is preliminary and subject to change. The primary areas of the purchase price that are not yet finalized are related to certain income taxes and residual goodwill. Accordingly, adjustments will be made to the values of the assets acquired and liabilities assumed as additional information is obtained about the facts and circumstances, which existed at the valuation date. The acquired assets and assumed liabilities at the date of acquisition (April 6, 2015) include the following: Cash and cash equivalents $ 59 Trade accounts receivable 14,879 Inventories 22,820 Deferred tax assets and other 2,190 Trademarks and other identifiable intangibles 59,950 Total assets acquired 99,898 Accounts payable 3,742 Accrued liabilities and other 3,065 Deferred tax liabilities and other noncurrent liabilities 19,964 Total liabilities assumed 26,771 Net assets acquired 73,127 Goodwill 120,393 Purchase price $ 193,520 Unaudited pro forma results of operations for the Company are presented below for quarter-to-date and year-to-date assuming that the 2015 acquisition of Knights Apparel had occurred on December 29, 2013. Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Net sales $ 1,522,033 $ 1,371,070 $ 2,753,111 $ 2,449,092 Net income 100,206 154,789 150,607 188,126 Earnings per share: Basic $ 0.25 $ 0.39 $ 0.37 $ 0.47 Diluted 0.25 0.38 0.37 0.46 DBApparel Acquisition In August 2014, MFB International Holdings S.à r.l. (“MF Lux”), a wholly owned subsidiary of the Company, acquired DBA Lux Holding S.A. (“Innerwear Europe”) from SLB Brands Holdings, Ltd and certain individual Innerwear Europe shareholders in an all-cash transaction equal to €400,000 enterprise value less net debt and working capital adjustments as defined in the purchase agreement. Total purchase price was €297,031 (approximately $391,861 based on acquisition date exchange rates). The acquisition was financed through a combination of cash on hand and third-party borrowings. Innerwear Europe is a leading marketer of intimate apparel, hosiery and underwear in Europe with a portfolio of strong brands including DIM , Nur Die / Nur Der and Lovable . The Company believes the acquisition will create growth and cost savings opportunities and increased scale to serve retailers. Innerwear Europe utilizes a mix of self-owned manufacturing and third-party manufacturers. Factors that contribute to the amount of goodwill recognized for the acquisition include the value of the existing work force and cost savings by utilizing the Company’s low-cost supply chain and expected synergies with existing Company functions. Goodwill associated with the acquisition is not tax deductible. The allocation of purchase price is preliminary and subject to change. For the quarter ended July 4, 2015 , the Company has not recorded any purchase price adjustments. The primary areas of the purchase price that are not yet finalized are related to certain income taxes and residual goodwill. Accordingly, adjustments will be made to the values of the assets acquired and liabilities assumed as additional information is obtained about the facts and circumstances that existed at the valuation date.

Earnings Per Share and Dividend

Earnings Per Share and Dividends	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Earnings Per Share and Dividends	Earnings Per Share and Dividends Basic earnings per share (“EPS”) was computed by dividing net income by the number of weighted average shares of common stock outstanding. Diluted EPS was calculated to give effect to all potentially dilutive shares of common stock using the treasury stock method. On March 3, 2015, the Company implemented a four -for-one stock split on the Company’s common stock in the form of a 300% stock dividend. All references to the number of shares outstanding, per share amounts and share options data of the Company’s common shares have been restated to reflect the effect of the split for all periods presented. The reconciliation of basic to diluted weighted average shares outstanding is as follows: Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Basic weighted average shares outstanding 403,949 401,920 403,819 401,728 Effect of potentially dilutive securities: Stock options 2,091 4,652 2,150 4,844 Restricted stock units 1,468 1,656 1,399 1,572 Employee stock purchase plan and other 2 — 16 — Diluted weighted average shares outstanding 407,510 408,228 407,384 408,144 For the quarters and six months ended July 4, 2015 and June 28, 2014 , there were no options or restricted stock units excluded from the diluted earnings per share calculation because their effect would be anti-dilutive. For the quarters ended July 4, 2015 and June 28, 2014, the company declared and paid cash dividends of $0.10 per share. For the six months ended July 4, 2015 and June 28, 2014, the company declared and paid cash dividends of $0.20 per share.

Inventories

Inventories	6 Months Ended
	Jul. 04, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following: July 4, January 3, Raw materials $ 179,215 $ 155,073 Work in process 188,594 164,686 Finished goods 1,398,952 1,217,441 $ 1,766,761 $ 1,537,200

Debt

Debt	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Debt	Debt Debt consisted of the following: Interest Principal Amount Maturity Date July 4, January 3, Senior Secured Credit Facility: Revolving Loan Facility —% $ — $ 176,500 April 2020 Euro Term Loan 3.50% 397,225 436,953 August 2021 Term Loan A 1.65% 419,688 — April 2020 Term Loan B 3.25% 423,938 — April 2022 6.375% Senior Notes 6.38% 1,000,000 1,000,000 December 2020 Accounts Receivable Securitization Facility 1.08% 232,134 210,963 March 2016 Other International Debt Various 11,340 14,898 Various 2,484,325 1,839,314 Less current maturities 266,565 225,317 $ 2,217,760 $ 1,613,997 On April 29, 2015, the Company refinanced its senior secured credit facility (the “Senior Secured Credit Facility”) to extend the maturity date of the revolving loan facility (the “Revolving Loan Facility”) to April 2020 and reduce the maximum borrowing capacity from $1,100,000 to $1,000,000 , re-price the Revolving Loan Facility at favorable rates, and add an additional $850,000 in term loan borrowings ( $425,000 for a new term loan a facility, the “Term Loan A Facility”, and $425,000 for a new term loan b facility, the “Term Loan B Facility”). The Company incurred $10,900 in fees related to this refinancing. The Revolving Loan Facility, the Term Loan A Facility and the Term Loan B Facility are guaranteed by substantially all of the Company’s existing and future direct and indirect U.S. subsidiaries, with certain customary or agreed-upon exceptions for certain subsidiaries. The Company and each of the guarantors under the Revolving Loan Facility, the Term Loan A Facility and the Term Loan B Facility have granted the lenders under the Senior Secured Credit Facility a valid and perfected first priority (subject to certain customary exceptions) lien and security interest in (i) the equity interests of substantially all of the Company’s direct and indirect U.S. subsidiaries and 65% of the voting securities of certain first tier foreign subsidiaries; and (ii) substantially all present and future property and assets, real and personal, tangible and intangible, of the Company and each guarantor, except for certain enumerated interests, and all proceeds and products of such property and assets. All borrowings under the Revolving Loan Facility must be repaid in full upon maturity. Outstanding borrowings under the Revolving Loan Facility may be reborrowed and repaid without penalty. Outstanding borrowings under the Term Loan A Facility are repayable in equal quarterly installments in the following annual percentages, with the remainder of the outstanding principal to be repaid at maturity: year 1, 5.0% , year 2, 7.5% , years 3 and 4, 10.0% and year 5, 15.0% . Outstanding borrowings under the Term Loan B Facility are repayable in 0.25% quarterly installments, with the remainder of the outstanding principal to be repaid at maturity. If the Term Loan B Facility is repriced or refinanced on or prior to the twelve month anniversary of its funding and as a result of such repricing or refinancing the effective interest rate of the Term Loan B Facility decreases, the Company shall be required to pay a prepayment fee equal to 1.0% of the aggregate principal amount of the Term Loan B Facility subject to such repricing or refinancing. The Term Loan A Facility, the Term Loan B Facility and the Company’s euro term loan facility (the “Euro Term Loan” and together with the Term Loan A Facility and the Term Loan B Facility, the “Term Loan Facility”) require the Company and its subsidiary Maidenform Luxembourg (“MF Lux”), as applicable, to prepay any outstanding Term Loans in connection with (i) the incurrence of certain indebtedness and (ii) non-ordinary course asset sales or other dispositions (including as a result of casualty or condemnation) that exceed certain thresholds in any period of twelve-consecutive months, with customary reinvestment provisions. The New Term Loan B Facility and the Euro Term Loan Facility also require the Company and MFB Lux, as applicable, to prepay any outstanding Term Loans under the New Term Loan B Facility and the Euro Term Loan Facility in connection with excess cash flow, which percentage will be based upon the Company’s leverage ratio during the relevant fiscal period. All such prepayments will be made on a pro rata basis under each of the applicable Term Loan Facilities that are subject to such prepayments. At the Company’s option, borrowings under the Revolving Loan Facility, the Term Loan A Facility and the Term Loan B Facility may be maintained from time to time as (i) “Base Rate” loans, which bear interest at the highest of (a) 1/2 of 1% in excess of the federal funds rate, (b) the rate publicly announced by JPMorgan Chase Bank as its “prime rate” at its principal office in New York City, in effect from time to time and (c) the “LIBO Rate” (as defined in the Senior Secured Credit Facility and adjusted for maximum reserves) for LIBOR-based loans with a one-month interest period plus 1.0%, in effect from time to time, in each case plus the applicable margin, or (ii) LIBOR-based loans, which bear interest at the LIBO Rate, as determined by reference to the rate for deposits in dollars appearing on the Reuters Screen LIBOR01 or LIBOR02 Page for the respective interest period or other commercially available source designated by the Administrative Agent, in each case plus the applicable margin. The applicable margin for the Revolving Loan Facility and the Term Loan A Facility is based on the Company’s leverage ratio. When the leverage ratio is greater than or equal to 4.00 to 1.00, the applicable margin for LIBO Rate loans is 2.00% and the applicable margin for Base Rate loans is 1.00% . When the leverage ratio is less than 4.00 to 1.00 but greater than or equal to 3.25 to 1.00, the applicable margin for LIBO Rate loans is 1.75% and the applicable margin for Base Rate loans is 0.75% . When the leverage ratio is less than 3.25 to 1.00 but greater than or equal to 2.50 to 1.00, the applicable margin for LIBO Rate loans is 1.50% and the applicable margin for Base Rate loans is 0.50% . When the leverage ratio is less than 2.50 to 1.00, the applicable margin for LIBO Rate loans is 1.25% and the applicable margin for Base Rate loans is 0.25% . The applicable margin under the Term Loan B Facility is 2.50% for LIBO Rate loans and 1.50% for Base Rate loans. Borrowings under the Euro Term Loan Facility bear interest at the “EURIBOR Rate” (as defined in the Senior Secured Credit Facility) plus 2.75% . The Senior Secured Credit Facility requires that the Company maintain a minimum interest coverage ratio and a maximum total debt to EBITDA (earnings before income taxes, depreciation expense and amortization), or leverage ratio. The interest coverage ratio covenant requires that the ratio of the Company’s EBITDA for the preceding four fiscal quarters to its consolidated total interest expense for such period shall not be less than 3.00 to 1.00 for any fiscal quarter. The leverage ratio covenant requires that the ratio of the Company’s total debt to its EBITDA for the preceding four fiscal quarters will not be more than 4.00 to 1.00; provided that, following a permitted acquisition in which the consideration is at least $200 million , such maximum leverage ratio covenant shall be increased to 4.50 :1.00 for each fiscal quarter ending in the succeeding 12-month period following such permitted acquisition. The method of calculating all of the components used in the covenants is included in the Senior Secured Credit Facility. The Senior Secured Credit Facility contains customary events of default, including nonpayment of principal when due; nonpayment of interest after stated grace period, fees or other amounts after stated grace period; material inaccuracy of representations and warranties; violations of covenants; certain bankruptcies and liquidations; any cross-default to material indebtedness; certain material judgments; certain events related to the Employee Retirement Income Security Act of 1974, as amended, or “ERISA,” actual or asserted invalidity of any guarantee, security document or subordination provision or non-perfection of security interest, and a change in control (as defined in the Senior Secured Credit Facility). As of July 4, 2015 , the Company had $981,943 of borrowing availability under the $1,000,000 revolving credit facility under its senior secured credit facility after taking into account outstanding borrowings and $18,057 of standby and trade letters of credit issued and outstanding under this facility. The Other International Debt outstanding as of July 4, 2015 consists of mortgage loans and term loans collateralized by fixed assets. These loans have maturity dates ranging from December 2015 to May 2018, and bear interest primarily based on EURIBOR rates ranging from 1.485% to 6.25% as of July 4, 2015 . In March 2015, the Company amended the accounts receivable securitization facility that it entered into in November 2007 (the “Accounts Receivable Securitization Facility”). This amendment primarily extended the termination date to March 2016 . As of July 4, 2015 , the Company was in compliance with all financial covenants under its credit facilities.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The components of Accumulated other comprehensive loss (“AOCI”) are as follows: Cumulative Translation Adjustment Foreign Exchange Contracts Defined Benefit Plans Income Taxes Accumulated Other Comprehensive Loss Balance at January 3, 2015 $ (34,099 ) $ 4,834 $ (564,831 ) $ 221,507 $ (372,589 ) Amounts reclassified from accumulated other comprehensive loss — (4,658 ) 4,886 (1,143 ) (915 ) Current-period other comprehensive income (loss) activity (628 ) 11,653 (3,182 ) (2,591 ) 5,252 Balance at July 4, 2015 $ (34,727 ) $ 11,829 $ (563,127 ) $ 217,773 $ (368,252 ) The Company had the following reclassifications out of AOCI: Component of AOCI Location of Reclassification into Income Amount of Reclassification Amount of Reclassification Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Gain on foreign exchange contracts Cost of sales $ 3,823 $ 355 $ 4,658 $ 1,030 Income tax (1,147 ) (142 ) (1,654 ) (411 ) Net of tax 2,676 213 3,004 619 Amortization of deferred actuarial loss and prior service cost Selling, general and administrative expenses (2,116 ) (2,602 ) (4,886 ) (5,203 ) Income tax 1,597 1,020 2,797 2,040 Net of tax (519 ) (1,582 ) (2,089 ) (3,163 ) Total reclassifications $ 2,157 $ (1,369 ) $ 915 $ (2,544 )

Financial Instruments and Risk

Financial Instruments and Risk Management	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Financial Instruments and Risk Management	Financial Instruments and Risk Management The Company uses forward foreign exchange contracts to manage its exposures to movements in foreign exchange rates. As of July 4, 2015 , the notional U.S. dollar equivalent of commitments to sell and purchase foreign currencies within the Company’s derivative portfolio was $279,606 and $423 , respectively, primarily consisting of contracts hedging exposures to the Euro, Canadian dollar, Mexican peso and Australian dollar. Fair Values of Derivative Instruments The fair values of derivative financial instruments recognized in the Condensed Consolidated Balance Sheets of the Company were as follows: Balance Sheet Location Fair Value July 4, January 3, Hedges Other current assets $ 5,065 $ 3,447 Non-hedges Other current assets 2,959 2,960 Total derivative assets 8,024 6,407 Hedges Accrued liabilities (510 ) — Non-hedges Accrued liabilities (65 ) (109 ) Total derivative liabilities (575 ) (109 ) Net derivative asset $ 7,449 $ 6,298 Cash Flow Hedges The Company uses forward foreign exchange contracts to reduce the effect of fluctuating foreign currencies on short-term foreign currency-denominated transactions, foreign currency-denominated investments and other known foreign currency exposures. Gains and losses on these contracts are intended to offset losses and gains on the hedged transaction in an effort to reduce the earnings volatility resulting from fluctuating foreign currency exchange rates. The Company expects to reclassify into earnings during the next 12 months a net gain from AOCI of approximately $9,433 . The changes in fair value of derivatives excluded from the Company’s effectiveness assessments and the ineffective portion of the changes in the fair value of derivatives used as cash flow hedges are reported in the “Selling, general and administrative expenses” line in the Condensed Consolidated Statements of Income. The effect of cash flow hedge derivative instruments on the Condensed Consolidated Statements of Income and AOCI is as follows: Amount of Gain Amount of Gain Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Foreign exchange contracts $ 468 $ (997 ) $ 11,653 $ (855 ) Location of Amount of Gain Amount of Gain Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Foreign exchange contracts Cost of sales $ 3,823 $ 355 $ 4,658 $ 1,030 Derivative Contracts Not Designated As Hedges The Company uses foreign exchange derivative contracts as economic hedges against the impact of foreign exchange fluctuations on existing accounts receivable and payable balances and intercompany lending transactions denominated in foreign currencies. These contracts are not designated as hedges under the accounting standards and are recorded at fair value in the Condensed Consolidated Balance Sheet. Any gains or losses resulting from changes in fair value are recognized directly into earnings. Gains or losses on these contracts largely offset the net remeasurement gains or losses on the related assets and liabilities. The effect of derivative contracts not designated as hedges on the Condensed Consolidated Statements of Income is as follows: Location of Gain (Loss) Amount of Gain (Loss) Amount of Gain (Loss) Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Foreign exchange contracts Selling, general and administrative expenses $ (5,046 ) $ (322 ) $ (1,576 ) $ (372 )

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Fair Value of Assets and Liabilities	Fair Value of Assets and Liabilities As of July 4, 2015 , the Company held certain financial assets and liabilities that are required to be measured at fair value on a recurring basis. These consisted of the Company’s derivative instruments related to foreign exchange rates and deferred compensation plan liabilities. The fair values of foreign currency derivatives are determined using the cash flows of the foreign exchange contract, discount rates to account for the passage of time and current foreign exchange market data and are categorized as Level 2. The fair value of deferred compensation plans is based on readily available current market data and is categorized as Level 2. The Company’s defined benefit pension plan investments are not required to be measured at fair value on a recurring basis. There were no changes during the quarter ended July 4, 2015 to the Company’s valuation techniques used to measure asset and liability fair values on a recurring basis. There were no transfers between the three level categories and there were no Level 3 assets or liabilities measured on a quarterly basis during the quarter ended July 4, 2015 . As of and during the quarter ended July 4, 2015 , the Company did not have any non-financial assets or liabilities that were required to be measured at fair value on a recurring or non-recurring basis. The following tables set forth, by level within the fair value hierarchy, the Company’s financial assets and liabilities accounted for at fair value on a recurring basis. Assets (Liabilities) at Fair Value as of Quoted Prices In Significant Significant Foreign exchange derivative contracts $ — $ 8,024 $ — Foreign exchange derivative contracts — (575 ) — — 7,449 — Deferred compensation plan liability — (32,780 ) — Total $ — $ (25,331 ) $ — Assets (Liabilities) at Fair Value as of Quoted Prices In Significant Significant Foreign exchange derivative contracts $ — $ 6,407 $ — Foreign exchange derivative contracts — (109 ) — — 6,298 — Deferred compensation plan liability — (28,289 ) — Total $ — $ (21,991 ) $ — Fair Value of Financial Instruments The carrying amounts of cash and cash equivalents, trade accounts receivable, notes receivable and accounts payable approximated fair value as of July 4, 2015 and January 3, 2015 . The carrying amount of trade accounts receivable included allowance for doubtful accounts, chargebacks and other deductions of $29,243 and $16,856 as of July 4, 2015 and January 3, 2015 , respectively. The fair value of debt, which is classified as a Level 2 liability, was $2,573,466 and $1,893,514 as of July 4, 2015 and January 3, 2015 , respectively. Debt had a carrying value of $2,484,325 and $1,839,314 as of July 4, 2015 and January 3, 2015 , respectively. The fair values were estimated using quoted market prices as provided in secondary markets, which consider the Company’s credit risk and market related conditions. The carrying amounts of the Company’s notes payable, which is classified as a Level 2 liability, approximated fair value as of July 4, 2015 and January 3, 2015 , primarily due to the short-term nature of these instruments.

Income Taxes

Income Taxes	6 Months Ended
	Jul. 04, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective income tax rate was 13% and 17% for the quarters ended July 4, 2015 and June 28, 2014, respectively. The Company’s effective income tax rate was 14% and 16% for the six months ended July 4, 2015 and June 28, 2014, respectively. The lower effective income tax rate for the quarter ended July 4, 2015 compared to the quarter ended June 28, 2014 was primarily due to a lower proportion of earnings attributed to domestic subsidiaries, which are taxed at rates higher than foreign subsidiaries as well as an income tax benefit recognized in the second quarter of 2015 related to the realization of an unrecognized tax benefit resulting from the effective settlement of a position in a foreign jurisdiction. The lower effective income tax rate for the six months ended July 4, 2015 compared to the six months ended June 28, 2014 was primarily due to a lower proportion of earnings attributed to domestic subsidiaries, which are taxed at rates higher than foreign subsidiaries.

Business Segment Information

Business Segment Information	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Business Segment Information	Business Segment Information The Company’s operations are managed and reported in four operating segments, each of which is a reportable segment for financial reporting purposes: Innerwear, Activewear, Direct to Consumer and International. These segments are organized principally by product category, geographic location and distribution channel. Each segment has its own management that is responsible for the operations of the segment’s businesses, but the segments share a common supply chain and media and marketing platforms. The types of products and services from which each reportable segment derives its revenues are as follows: • Innerwear sells basic branded products that are replenishment in nature under the product categories of men’s underwear, children’s underwear, socks, panties, hosiery and intimates, which includes bras and shapewear. • Activewear sells basic branded products that are primarily seasonal in nature under the product categories of branded printwear and retail activewear, as well as licensed logo apparel in collegiate bookstores, mass merchant and other channels. • Direct to Consumer includes the Company’s value-based (“outlet”) stores and Internet operations that sell products from the Company’s portfolio of leading brands. The Company’s Internet operations are supported by its catalogs. • International primarily relates to the Europe, Asia, Latin America, Canada and Australia geographic locations that sell products that span across the Innerwear and Activewear reportable segments. The Company evaluates the operating performance of its segments based upon segment operating profit, which is defined as operating profit before general corporate expenses and amortization of intangibles. The accounting policies of the segments are consistent with those described in Note 2 to the Company’s consolidated financial statements included in its Annual Report on Form 10-K for the year ended January 3, 2015 . The Company decided in the first quarter of 2015 to revise the manner which the Company allocates certain selling, general and administrative expenses. Certain prior-year segment operating profit disclosures have been revised to conform to the current-year presentation. Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Net sales: Innerwear $ 777,614 $ 788,330 $ 1,323,787 $ 1,359,484 Activewear 378,157 317,814 676,253 612,318 Direct to Consumer 101,531 104,352 183,032 188,066 International 264,731 131,556 547,882 241,554 Total net sales $ 1,522,033 $ 1,342,052 $ 2,730,954 $ 2,401,422 Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Segment operating profit: Innerwear $ 196,035 $ 183,917 $ 306,812 $ 281,922 Activewear 61,485 47,459 94,236 81,204 Direct to Consumer 11,954 11,223 9,676 9,897 International 21,004 15,935 43,120 24,121 Total segment operating profit 290,478 258,534 453,844 397,144 Items not included in segment operating profit: General corporate expenses (20,181 ) (23,142 ) (45,593 ) (43,431 ) Acquisition, integration and other action related charges (125,966 ) (24,045 ) (169,194 ) (66,682 ) Amortization of intangibles (5,398 ) (4,223 ) (10,193 ) (8,119 ) Total operating profit 138,933 207,124 228,864 278,912 Other expenses (830 ) (660 ) (1,212 ) (1,095 ) Interest expense, net (29,020 ) (21,119 ) (55,907 ) (42,937 ) Income before income tax expense $ 109,083 $ 185,345 $ 171,745 $ 234,880 For the quarter ended July 4, 2015 , the Company incurred acquisition, integration and other action related charges of $125,966 , of which $26,151 is reported in the “Cost of sales” line and $99,815 is reported in the “Selling, general and administrative expenses” line in the Condensed Consolidated Statement of Income. For the quarter ended June 28, 2014 , the Company incurred acquisition, integration and other action related charges of $24,045 , of which $3,835 is reported in the “Cost of sales” line and $20,210 is reported in the “Selling, general and administrative expenses” line in the Condensed Consolidated Statement of Income. For the six months ended July 4, 2015 , the Company incurred acquisition, integration and other action related charges of $169,194 , of which $40,219 is reported in the “Cost of sales” line and $128,975 is reported in the “Selling, general and administrative expenses” line in the Condensed Consolidated Statement of Income. For the six months ended June 28, 2014 , the Company incurred acquisition, integration and other action related charges of $66,682 , of which $18,662 is reported in the “Cost of sales” line and $48,020 is reported in the “Selling, general and administrative expenses” line in the Condensed Consolidated Statement of Income. As part of the Innerwear Europe acquisition strategy, the Company has identified management and administrative positions that are considered non-essential and/or duplicative that will be eliminated. As of July 4, 2015, the Company has accrued $56,000 for employee termination and other benefits recognized in accordance with expected benefit payments for affected employees. The charges are reflected in the “Cost of sales” and “Selling, general and administrative expenses” lines of the Consolidated Statements of Income. As of July 4, 2015, no benefit payments had been made. $17,000 and $39,000, respectively, is included in the “Accrued liabilities” and “Other noncurrent liabilities” line of the Consolidated Balance Sheet.

Consolidating Financial Informa

Consolidating Financial Information	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Consolidating Financial Information	Consolidating Financial Information In accordance with the indenture governing the Company’s $1,000,000 6.375% Senior Notes issued on November 9, 2010, as supplemented from time to time, certain of the Company’s subsidiaries have guaranteed the Company’s obligations under the 6.375% Senior Notes. The following presents the condensed consolidating financial information separately for: (i) Parent Company, the issuer of the guaranteed obligations. Parent Company includes Hanesbrands Inc. and its 100% owned operating divisions, which are not legal entities, and excludes its subsidiaries, which are legal entities; (ii) Guarantor subsidiaries, on a combined basis, as specified in the Indentures; (iii) Non-guarantor subsidiaries, on a combined basis; (iv) Consolidating entries and eliminations representing adjustments to (a) eliminate intercompany transactions between or among Parent Company, the guarantor subsidiaries and the non-guarantor subsidiaries, (b) eliminate intercompany profit in inventory, (c) eliminate the investments in the Company’s subsidiaries and (d) record consolidating entries; and (v) The Company, on a consolidated basis. The 6.375% Senior Notes are fully and unconditionally guaranteed on a joint and several basis by each guarantor subsidiary, each of which is 100% owned, directly or indirectly, by Hanesbrands Inc. A guarantor subsidiary’s guarantee can be released in certain customary circumstances. Each entity in the consolidating financial information follows the same accounting policies as described in the consolidated financial statements, except for the use by the Parent Company and guarantor subsidiaries of the equity method of accounting to reflect ownership interests in subsidiaries that are eliminated upon consolidation. Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 1,205,550 $ 242,526 $ 756,240 $ (682,283 ) $ 1,522,033 Cost of sales 932,461 129,200 550,424 (658,277 ) 953,808 Gross profit 273,089 113,326 205,816 (24,006 ) 568,225 Selling, general and administrative expenses 243,596 52,772 133,428 (504 ) 429,292 Operating profit 29,493 60,554 72,388 (23,502 ) 138,933 Equity in earnings of subsidiaries 90,055 66,942 — (156,997 ) — Other expenses 830 — — — 830 Interest expense, net 21,578 — 7,634 (192 ) 29,020 Income before income tax expense 97,140 127,496 64,754 (180,307 ) 109,083 Income tax expense 2,238 11,297 646 14,181 Net income $ 94,902 $ 116,199 $ 64,108 $ (180,307 ) $ 94,902 Comprehensive income $ 94,396 $ 116,199 $ 70,011 $ (186,210 ) $ 94,396 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 1,186,489 $ 190,946 $ 607,973 $ (643,356 ) $ 1,342,052 Cost of sales 897,376 90,178 458,668 (608,524 ) 837,698 Gross profit 289,113 100,768 149,305 (34,832 ) 504,354 Selling, general and administrative expenses 215,474 53,922 29,619 (1,785 ) 297,230 Operating profit 73,639 46,846 119,686 (33,047 ) 207,124 Equity in earnings of subsidiaries 120,322 93,613 — (213,935 ) — Other expenses 660 — — — 660 Interest expense, net 19,058 (88 ) 1,979 170 21,119 Income before income tax expense 174,243 140,547 117,707 (247,152 ) 185,345 Income tax expense 19,665 8,070 3,032 — 30,767 Net income $ 154,578 $ 132,477 $ 114,675 $ (247,152 ) $ 154,578 Comprehensive income $ 158,546 $ 132,477 $ 117,159 $ (249,636 ) $ 158,546 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 2,156,640 $ 395,700 $ 1,548,252 $ (1,369,638 ) $ 2,730,954 Cost of sales 1,705,350 203,510 1,150,834 (1,343,196 ) 1,716,498 Gross profit 451,290 192,190 397,418 (26,442 ) 1,014,456 Selling, general and administrative expenses 468,278 105,636 213,882 (2,204 ) 785,592 Operating profit (16,988 ) 86,554 183,536 (24,238 ) 228,864 Equity in earnings of subsidiaries 221,221 175,112 — (396,333 ) — Other expenses 1,212 — — — 1,212 Interest expense, net 40,701 (4 ) 15,416 (206 ) 55,907 Income before income tax expense 162,320 261,670 168,120 (420,365 ) 171,745 Income tax expense 14,782 207 9,218 — 24,207 Net income $ 147,538 $ 261,463 $ 158,902 $ (420,365 ) $ 147,538 Comprehensive income $ 151,875 $ 261,463 $ 160,415 $ (421,878 ) $ 151,875 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 2,078,819 $ 410,896 $ 1,168,159 $ (1,256,452 ) $ 2,401,422 Cost of sales 1,618,522 223,659 889,218 (1,191,108 ) 1,540,291 Gross profit 460,297 187,237 278,941 (65,344 ) 861,131 Selling, general and administrative expenses 406,179 123,945 56,098 (4,003 ) 582,219 Operating profit 54,118 63,292 222,843 (61,341 ) 278,912 Equity in earnings of subsidiaries 205,387 168,473 — (373,860 ) — Other expenses 1,095 — — — 1,095 Interest expense, net 36,942 1,898 4,035 62 42,937 Income before income tax expense 221,468 229,867 218,808 (435,263 ) 234,880 Income tax expense 25,330 5,756 7,656 — 38,742 Net income $ 196,138 $ 224,111 $ 211,152 $ (435,263 ) $ 196,138 Comprehensive income $ 199,325 $ 224,111 $ 211,371 $ (435,482 ) $ 199,325 Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 37,210 $ 12,541 $ 265,603 $ — $ 315,354 Trade accounts receivable, net 109,247 104,605 622,557 (1,110 ) 835,299 Inventories 1,105,921 179,184 651,750 (170,094 ) 1,766,761 Deferred tax assets 198,997 4,194 11,277 — 214,468 Other current assets 84,115 10,146 70,179 — 164,440 Total current assets 1,535,490 310,670 1,621,366 (171,204 ) 3,296,322 Property, net 94,661 39,827 524,301 — 658,789 Trademarks and other identifiable intangibles, net 3,817 135,849 574,117 — 713,783 Goodwill 232,882 244,640 357,505 — 835,027 Investments in subsidiaries 4,157,147 2,016,195 — (6,173,342 ) — Deferred tax assets 200,363 74,734 15,976 — 291,073 Receivables from related entities 4,905,444 4,711,239 2,203,829 (11,820,512 ) — Other noncurrent assets 61,515 426 15,446 — 77,387 Total assets $ 11,191,319 $ 7,533,580 $ 5,312,540 $ (18,165,058 ) $ 5,872,381 Liabilities and Stockholders’ Accounts payable $ 371,318 $ 30,282 $ 259,769 $ — $ 661,369 Accrued liabilities 184,331 50,106 239,456 (955 ) 472,938 Notes payable — — 112,818 — 112,818 Accounts Receivable Securitization Facility — — 232,134 — 232,134 Current portion of long-term debt 25,500 — 8,931 — 34,431 Total current liabilities 581,149 80,388 853,108 (955 ) 1,513,690 Long-term debt 1,818,125 — 399,635 — 2,217,760 Pension and postretirement benefits 299,136 — 65,297 — 364,433 Payables to related entities 6,902,814 3,488,083 1,421,260 (11,812,157 ) — Other noncurrent liabilities 138,323 31,423 154,980 — 324,726 Total liabilities 9,739,547 3,599,894 2,894,280 (11,813,112 ) 4,420,609 Stockholders’ equity 1,451,772 3,933,686 2,418,260 (6,351,946 ) 1,451,772 Total liabilities and stockholders’ equity $ 11,191,319 $ 7,533,580 $ 5,312,540 $ (18,165,058 ) $ 5,872,381 Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 10,910 $ 10,796 $ 218,149 $ — $ 239,855 Trade accounts receivable, net 73,794 37,511 561,514 (771 ) 672,048 Inventories 958,376 120,341 607,356 (148,873 ) 1,537,200 Deferred tax assets 200,050 3,515 11,500 — 215,065 Other current assets 38,446 11,224 51,394 — 101,064 Total current assets 1,281,576 183,387 1,449,913 (149,644 ) 2,765,232 Property, net 88,599 46,221 539,559 — 674,379 Trademarks and other identifiable intangibles, net 4,102 79,393 607,706 — 691,201 Goodwill 232,881 124,247 365,992 — 723,120 Investments in subsidiaries 3,732,783 1,792,790 — (5,525,573 ) — Deferred tax assets 202,910 74,735 16,702 — 294,347 Receivables from related entities 4,585,755 4,471,644 2,087,280 (11,144,679 ) — Other noncurrent assets 55,540 428 17,534 — 73,502 Total assets $ 10,184,146 $ 6,772,845 $ 5,084,686 $ (16,819,896 ) $ 5,221,781 Liabilities and Stockholders’ Accounts payable $ 353,799 $ 11,925 $ 255,496 $ — $ 621,220 Accrued liabilities 190,739 61,339 242,437 1,112 495,627 Notes payable — — 144,438 — 144,438 Accounts Receivable Securitization Facility — — 210,963 — 210,963 Current portion of long-term debt — — 14,354 — 14,354 Total current liabilities 544,538 73,264 867,688 1,112 1,486,602 Long-term debt 1,176,500 — 437,497 — 1,613,997 Pension and postretirement benefits 399,931 — 72,072 — 472,003 Payables to related entities 6,544,095 3,270,513 1,330,071 (11,144,679 ) — Other noncurrent liabilities 132,310 12,609 118,287 (799 ) 262,407 Total liabilities 8,797,374 3,356,386 2,825,615 (11,144,366 ) 3,835,009 Stockholders’ equity 1,386,772 3,416,459 2,259,071 (5,675,530 ) 1,386,772 Total liabilities and stockholders’ equity $ 10,184,146 $ 6,772,845 $ 5,084,686 $ (16,819,896 ) $ 5,221,781 Condensed Consolidating Statement of Cash Flows Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (62,363 ) $ 168,523 $ 67,285 $ (406,513 ) $ (233,068 ) Investing activities: Purchases of property, plant and equipment (10,280 ) (7,301 ) (38,657 ) — (56,238 ) Proceeds from sales of assets 18 4,330 797 — 5,145 Acquisition of business, net of cash acquired — (193,461 ) — — (193,461 ) Net cash from investing activities (10,262 ) (196,432 ) (37,860 ) — (244,554 ) Financing activities: Borrowings on notes payable — — 177,730 — 177,730 Repayments on notes payable — — (200,706 ) — (200,706 ) Borrowings on Accounts Receivable Securitization Facility — — 134,339 — 134,339 Repayments on Accounts Receivable Securitization Facility — — (113,168 ) — (113,168 ) Borrowings on Revolving Loan Facility 2,794,000 — — — 2,794,000 Repayments on Revolving Loan Facility (2,970,500 ) — — — (2,970,500 ) Repayments on Euro Term Loan Facility — — (2,004 ) — (2,004 ) Borrowings on Term Loan A Facility 425,000 — — — 425,000 Repayments on Term Loan A Facility (5,313 ) — — — (5,313 ) Borrowings on Term Loan B Facility 425,000 — — — 425,000 Repayments on Term Loan B Facility (1,063 ) — — — (1,063 ) Cash dividends paid (81,470 ) — — — (81,470 ) Taxes paid related to net shares settlement of equity awards (47,432 ) — — — (47,432 ) Excess tax benefit from stock-based compensation 34,127 — — — 34,127 Other 1,697 — (14,337 ) 801 (11,839 ) Net transactions with related entities (475,121 ) 29,654 39,755 405,712 — Net cash from financing activities 98,925 29,654 21,609 406,513 556,701 Effect of changes in foreign exchange rates on cash — — (3,580 ) — (3,580 ) Change in cash and cash equivalents 26,300 1,745 47,454 — 75,499 Cash and cash equivalents at beginning of year 10,910 10,796 218,149 — 239,855 Cash and cash equivalents at end of period $ 37,210 $ 12,541 $ 265,603 $ — $ 315,354 Condensed Consolidating Statement of Cash Flow Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ 210,832 $ 150,068 $ 18,064 $ (374,026 ) $ 4,938 Investing activities: Purchases of property, plant and equipment (6,995 ) (3,194 ) (14,396 ) — (24,585 ) Proceeds from sales of assets — — 4,918 — 4,918 Net cash from investing activities (6,995 ) (3,194 ) (9,478 ) — (19,667 ) Financing activities: Borrowings on notes payable — — 66,737 — 66,737 Repayments on notes payable — — (61,957 ) — (61,957 ) Borrowings on Accounts Receivable Securitization Facility — — 115,609 — 115,609 Repayments on Accounts Receivable Securitization Facility — — (72,399 ) — (72,399 ) Borrowings on Revolving Loan Facility 1,782,500 — — — 1,782,500 Repayments on Revolving Loan Facility (1,726,500 ) — — — (1,726,500 ) Cash dividends paid (59,731 ) — — — (59,731 ) Taxes paid related to net shares settlement of equity awards (10,342 ) — — — (10,342 ) Excess tax benefit from stock-based compensation 7,895 — — — 7,895 Other 1,146 — (486 ) 146 806 Net transactions with related entities (201,067 ) (149,787 ) (23,026 ) 373,880 — Net cash from financing activities (206,099 ) (149,787 ) 24,478 374,026 42,618 Effect of changes in foreign exchange rates on cash — — (135 ) — (135 ) Change in cash and cash equivalents (2,262 ) (2,913 ) 32,929 — 27,754 Cash and cash equivalents at beginning of year 5,695 7,811 102,357 — 115,863 Cash and cash equivalents at end of period $ 3,433 $ 4,898 $ 135,286 $ — $ 143,617

Acquisitions (Tables)

Acquisitions (Tables) - Knights Apparel	6 Months Ended
	Jul. 04, 2015
Business Acquisition [Line Items]
Schedule of acquired assets and liabilities assumed	The acquired assets and assumed liabilities at the date of acquisition (April 6, 2015) include the following: Cash and cash equivalents $ 59 Trade accounts receivable 14,879 Inventories 22,820 Deferred tax assets and other 2,190 Trademarks and other identifiable intangibles 59,950 Total assets acquired 99,898 Accounts payable 3,742 Accrued liabilities and other 3,065 Deferred tax liabilities and other noncurrent liabilities 19,964 Total liabilities assumed 26,771 Net assets acquired 73,127 Goodwill 120,393 Purchase price $ 193,520
Schedule of unaudited pro forma results of operations	Unaudited pro forma results of operations for the Company are presented below for quarter-to-date and year-to-date assuming that the 2015 acquisition of Knights Apparel had occurred on December 29, 2013. Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Net sales $ 1,522,033 $ 1,371,070 $ 2,753,111 $ 2,449,092 Net income 100,206 154,789 150,607 188,126 Earnings per share: Basic $ 0.25 $ 0.39 $ 0.37 $ 0.47 Diluted 0.25 0.38 0.37 0.46

Earnings Per Share and Divide21

Earnings Per Share and Dividends (Tables)	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Reconciliation of Basic to Diluted Weighted Average Shares	The reconciliation of basic to diluted weighted average shares outstanding is as follows: Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Basic weighted average shares outstanding 403,949 401,920 403,819 401,728 Effect of potentially dilutive securities: Stock options 2,091 4,652 2,150 4,844 Restricted stock units 1,468 1,656 1,399 1,572 Employee stock purchase plan and other 2 — 16 — Diluted weighted average shares outstanding 407,510 408,228 407,384 408,144

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jul. 04, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following: July 4, January 3, Raw materials $ 179,215 $ 155,073 Work in process 188,594 164,686 Finished goods 1,398,952 1,217,441 $ 1,766,761 $ 1,537,200

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Debt	Debt consisted of the following: Interest Principal Amount Maturity Date July 4, January 3, Senior Secured Credit Facility: Revolving Loan Facility —% $ — $ 176,500 April 2020 Euro Term Loan 3.50% 397,225 436,953 August 2021 Term Loan A 1.65% 419,688 — April 2020 Term Loan B 3.25% 423,938 — April 2022 6.375% Senior Notes 6.38% 1,000,000 1,000,000 December 2020 Accounts Receivable Securitization Facility 1.08% 232,134 210,963 March 2016 Other International Debt Various 11,340 14,898 Various 2,484,325 1,839,314 Less current maturities 266,565 225,317 $ 2,217,760 $ 1,613,997

Accumulated Other Comprehensi24

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The components of Accumulated other comprehensive loss (“AOCI”) are as follows: Cumulative Translation Adjustment Foreign Exchange Contracts Defined Benefit Plans Income Taxes Accumulated Other Comprehensive Loss Balance at January 3, 2015 $ (34,099 ) $ 4,834 $ (564,831 ) $ 221,507 $ (372,589 ) Amounts reclassified from accumulated other comprehensive loss — (4,658 ) 4,886 (1,143 ) (915 ) Current-period other comprehensive income (loss) activity (628 ) 11,653 (3,182 ) (2,591 ) 5,252 Balance at July 4, 2015 $ (34,727 ) $ 11,829 $ (563,127 ) $ 217,773 $ (368,252 )
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income	The Company had the following reclassifications out of AOCI: Component of AOCI Location of Reclassification into Income Amount of Reclassification Amount of Reclassification Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Gain on foreign exchange contracts Cost of sales $ 3,823 $ 355 $ 4,658 $ 1,030 Income tax (1,147 ) (142 ) (1,654 ) (411 ) Net of tax 2,676 213 3,004 619 Amortization of deferred actuarial loss and prior service cost Selling, general and administrative expenses (2,116 ) (2,602 ) (4,886 ) (5,203 ) Income tax 1,597 1,020 2,797 2,040 Net of tax (519 ) (1,582 ) (2,089 ) (3,163 ) Total reclassifications $ 2,157 $ (1,369 ) $ 915 $ (2,544 )

Financial Instruments and Ris25

Financial Instruments and Risk Management (Tables)	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Fair Values of Derivative Instruments	The fair values of derivative financial instruments recognized in the Condensed Consolidated Balance Sheets of the Company were as follows: Balance Sheet Location Fair Value July 4, January 3, Hedges Other current assets $ 5,065 $ 3,447 Non-hedges Other current assets 2,959 2,960 Total derivative assets 8,024 6,407 Hedges Accrued liabilities (510 ) — Non-hedges Accrued liabilities (65 ) (109 ) Total derivative liabilities (575 ) (109 ) Net derivative asset $ 7,449 $ 6,298
Effect of Cash Flow Hedge Derivative Instruments	The effect of cash flow hedge derivative instruments on the Condensed Consolidated Statements of Income and AOCI is as follows: Amount of Gain Amount of Gain Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Foreign exchange contracts $ 468 $ (997 ) $ 11,653 $ (855 ) Location of Amount of Gain Amount of Gain Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Foreign exchange contracts Cost of sales $ 3,823 $ 355 $ 4,658 $ 1,030
Effect of Mark to Market Hedge Derivative Instruments on Condensed Consolidated Statements of Income	The effect of derivative contracts not designated as hedges on the Condensed Consolidated Statements of Income is as follows: Location of Gain (Loss) Amount of Gain (Loss) Amount of Gain (Loss) Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Foreign exchange contracts Selling, general and administrative expenses $ (5,046 ) $ (322 ) $ (1,576 ) $ (372 )

Fair Value of Assets and Liab26

Fair Value of Assets and Liabilities (Tables)	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis	The following tables set forth, by level within the fair value hierarchy, the Company’s financial assets and liabilities accounted for at fair value on a recurring basis. Assets (Liabilities) at Fair Value as of Quoted Prices In Significant Significant Foreign exchange derivative contracts $ — $ 8,024 $ — Foreign exchange derivative contracts — (575 ) — — 7,449 — Deferred compensation plan liability — (32,780 ) — Total $ — $ (25,331 ) $ — Assets (Liabilities) at Fair Value as of Quoted Prices In Significant Significant Foreign exchange derivative contracts $ — $ 6,407 $ — Foreign exchange derivative contracts — (109 ) — — 6,298 — Deferred compensation plan liability — (28,289 ) — Total $ — $ (21,991 ) $ —

Business Segment Information (T

Business Segment Information (Tables)	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Net Sales	Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Net sales: Innerwear $ 777,614 $ 788,330 $ 1,323,787 $ 1,359,484 Activewear 378,157 317,814 676,253 612,318 Direct to Consumer 101,531 104,352 183,032 188,066 International 264,731 131,556 547,882 241,554 Total net sales $ 1,522,033 $ 1,342,052 $ 2,730,954 $ 2,401,422
Segment Operating Profit	Quarters Ended Six Months Ended July 4, June 28, July 4, June 28, Segment operating profit: Innerwear $ 196,035 $ 183,917 $ 306,812 $ 281,922 Activewear 61,485 47,459 94,236 81,204 Direct to Consumer 11,954 11,223 9,676 9,897 International 21,004 15,935 43,120 24,121 Total segment operating profit 290,478 258,534 453,844 397,144 Items not included in segment operating profit: General corporate expenses (20,181 ) (23,142 ) (45,593 ) (43,431 ) Acquisition, integration and other action related charges (125,966 ) (24,045 ) (169,194 ) (66,682 ) Amortization of intangibles (5,398 ) (4,223 ) (10,193 ) (8,119 ) Total operating profit 138,933 207,124 228,864 278,912 Other expenses (830 ) (660 ) (1,212 ) (1,095 ) Interest expense, net (29,020 ) (21,119 ) (55,907 ) (42,937 ) Income before income tax expense $ 109,083 $ 185,345 $ 171,745 $ 234,880

Consolidating Financial Infor28

Consolidating Financial Information (Tables)	6 Months Ended
	Jul. 04, 2015
Text Block [Abstract]
Condensed Consolidating Statement of Income (Loss)	Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 1,205,550 $ 242,526 $ 756,240 $ (682,283 ) $ 1,522,033 Cost of sales 932,461 129,200 550,424 (658,277 ) 953,808 Gross profit 273,089 113,326 205,816 (24,006 ) 568,225 Selling, general and administrative expenses 243,596 52,772 133,428 (504 ) 429,292 Operating profit 29,493 60,554 72,388 (23,502 ) 138,933 Equity in earnings of subsidiaries 90,055 66,942 — (156,997 ) — Other expenses 830 — — — 830 Interest expense, net 21,578 — 7,634 (192 ) 29,020 Income before income tax expense 97,140 127,496 64,754 (180,307 ) 109,083 Income tax expense 2,238 11,297 646 14,181 Net income $ 94,902 $ 116,199 $ 64,108 $ (180,307 ) $ 94,902 Comprehensive income $ 94,396 $ 116,199 $ 70,011 $ (186,210 ) $ 94,396 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 1,186,489 $ 190,946 $ 607,973 $ (643,356 ) $ 1,342,052 Cost of sales 897,376 90,178 458,668 (608,524 ) 837,698 Gross profit 289,113 100,768 149,305 (34,832 ) 504,354 Selling, general and administrative expenses 215,474 53,922 29,619 (1,785 ) 297,230 Operating profit 73,639 46,846 119,686 (33,047 ) 207,124 Equity in earnings of subsidiaries 120,322 93,613 — (213,935 ) — Other expenses 660 — — — 660 Interest expense, net 19,058 (88 ) 1,979 170 21,119 Income before income tax expense 174,243 140,547 117,707 (247,152 ) 185,345 Income tax expense 19,665 8,070 3,032 — 30,767 Net income $ 154,578 $ 132,477 $ 114,675 $ (247,152 ) $ 154,578 Comprehensive income $ 158,546 $ 132,477 $ 117,159 $ (249,636 ) $ 158,546 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 2,156,640 $ 395,700 $ 1,548,252 $ (1,369,638 ) $ 2,730,954 Cost of sales 1,705,350 203,510 1,150,834 (1,343,196 ) 1,716,498 Gross profit 451,290 192,190 397,418 (26,442 ) 1,014,456 Selling, general and administrative expenses 468,278 105,636 213,882 (2,204 ) 785,592 Operating profit (16,988 ) 86,554 183,536 (24,238 ) 228,864 Equity in earnings of subsidiaries 221,221 175,112 — (396,333 ) — Other expenses 1,212 — — — 1,212 Interest expense, net 40,701 (4 ) 15,416 (206 ) 55,907 Income before income tax expense 162,320 261,670 168,120 (420,365 ) 171,745 Income tax expense 14,782 207 9,218 — 24,207 Net income $ 147,538 $ 261,463 $ 158,902 $ (420,365 ) $ 147,538 Comprehensive income $ 151,875 $ 261,463 $ 160,415 $ (421,878 ) $ 151,875 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 2,078,819 $ 410,896 $ 1,168,159 $ (1,256,452 ) $ 2,401,422 Cost of sales 1,618,522 223,659 889,218 (1,191,108 ) 1,540,291 Gross profit 460,297 187,237 278,941 (65,344 ) 861,131 Selling, general and administrative expenses 406,179 123,945 56,098 (4,003 ) 582,219 Operating profit 54,118 63,292 222,843 (61,341 ) 278,912 Equity in earnings of subsidiaries 205,387 168,473 — (373,860 ) — Other expenses 1,095 — — — 1,095 Interest expense, net 36,942 1,898 4,035 62 42,937 Income before income tax expense 221,468 229,867 218,808 (435,263 ) 234,880 Income tax expense 25,330 5,756 7,656 — 38,742 Net income $ 196,138 $ 224,111 $ 211,152 $ (435,263 ) $ 196,138 Comprehensive income $ 199,325 $ 224,111 $ 211,371 $ (435,482 ) $ 199,325
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 37,210 $ 12,541 $ 265,603 $ — $ 315,354 Trade accounts receivable, net 109,247 104,605 622,557 (1,110 ) 835,299 Inventories 1,105,921 179,184 651,750 (170,094 ) 1,766,761 Deferred tax assets 198,997 4,194 11,277 — 214,468 Other current assets 84,115 10,146 70,179 — 164,440 Total current assets 1,535,490 310,670 1,621,366 (171,204 ) 3,296,322 Property, net 94,661 39,827 524,301 — 658,789 Trademarks and other identifiable intangibles, net 3,817 135,849 574,117 — 713,783 Goodwill 232,882 244,640 357,505 — 835,027 Investments in subsidiaries 4,157,147 2,016,195 — (6,173,342 ) — Deferred tax assets 200,363 74,734 15,976 — 291,073 Receivables from related entities 4,905,444 4,711,239 2,203,829 (11,820,512 ) — Other noncurrent assets 61,515 426 15,446 — 77,387 Total assets $ 11,191,319 $ 7,533,580 $ 5,312,540 $ (18,165,058 ) $ 5,872,381 Liabilities and Stockholders’ Accounts payable $ 371,318 $ 30,282 $ 259,769 $ — $ 661,369 Accrued liabilities 184,331 50,106 239,456 (955 ) 472,938 Notes payable — — 112,818 — 112,818 Accounts Receivable Securitization Facility — — 232,134 — 232,134 Current portion of long-term debt 25,500 — 8,931 — 34,431 Total current liabilities 581,149 80,388 853,108 (955 ) 1,513,690 Long-term debt 1,818,125 — 399,635 — 2,217,760 Pension and postretirement benefits 299,136 — 65,297 — 364,433 Payables to related entities 6,902,814 3,488,083 1,421,260 (11,812,157 ) — Other noncurrent liabilities 138,323 31,423 154,980 — 324,726 Total liabilities 9,739,547 3,599,894 2,894,280 (11,813,112 ) 4,420,609 Stockholders’ equity 1,451,772 3,933,686 2,418,260 (6,351,946 ) 1,451,772 Total liabilities and stockholders’ equity $ 11,191,319 $ 7,533,580 $ 5,312,540 $ (18,165,058 ) $ 5,872,381 Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 10,910 $ 10,796 $ 218,149 $ — $ 239,855 Trade accounts receivable, net 73,794 37,511 561,514 (771 ) 672,048 Inventories 958,376 120,341 607,356 (148,873 ) 1,537,200 Deferred tax assets 200,050 3,515 11,500 — 215,065 Other current assets 38,446 11,224 51,394 — 101,064 Total current assets 1,281,576 183,387 1,449,913 (149,644 ) 2,765,232 Property, net 88,599 46,221 539,559 — 674,379 Trademarks and other identifiable intangibles, net 4,102 79,393 607,706 — 691,201 Goodwill 232,881 124,247 365,992 — 723,120 Investments in subsidiaries 3,732,783 1,792,790 — (5,525,573 ) — Deferred tax assets 202,910 74,735 16,702 — 294,347 Receivables from related entities 4,585,755 4,471,644 2,087,280 (11,144,679 ) — Other noncurrent assets 55,540 428 17,534 — 73,502 Total assets $ 10,184,146 $ 6,772,845 $ 5,084,686 $ (16,819,896 ) $ 5,221,781 Liabilities and Stockholders’ Accounts payable $ 353,799 $ 11,925 $ 255,496 $ — $ 621,220 Accrued liabilities 190,739 61,339 242,437 1,112 495,627 Notes payable — — 144,438 — 144,438 Accounts Receivable Securitization Facility — — 210,963 — 210,963 Current portion of long-term debt — — 14,354 — 14,354 Total current liabilities 544,538 73,264 867,688 1,112 1,486,602 Long-term debt 1,176,500 — 437,497 — 1,613,997 Pension and postretirement benefits 399,931 — 72,072 — 472,003 Payables to related entities 6,544,095 3,270,513 1,330,071 (11,144,679 ) — Other noncurrent liabilities 132,310 12,609 118,287 (799 ) 262,407 Total liabilities 8,797,374 3,356,386 2,825,615 (11,144,366 ) 3,835,009 Stockholders’ equity 1,386,772 3,416,459 2,259,071 (5,675,530 ) 1,386,772 Total liabilities and stockholders’ equity $ 10,184,146 $ 6,772,845 $ 5,084,686 $ (16,819,896 ) $ 5,221,781 Condensed Consolidating Statement of Cash Flows Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (62,363 ) $ 168,523 $ 67,285 $ (406,513 ) $ (233,068 ) Investing activities: Purchases of property, plant and equipment (10,280 ) (7,301 ) (38,657 ) — (56,238 ) Proceeds from sales of assets 18 4,330 797 — 5,145 Acquisition of business, net of cash acquired — (193,461 ) — — (193,461 ) Net cash from investing activities (10,262 ) (196,432 ) (37,860 ) — (244,554 ) Financing activities: Borrowings on notes payable — — 177,730 — 177,730 Repayments on notes payable — — (200,706 ) — (200,706 ) Borrowings on Accounts Receivable Securitization Facility — — 134,339 — 134,339 Repayments on Accounts Receivable Securitization Facility — — (113,168 ) — (113,168 ) Borrowings on Revolving Loan Facility 2,794,000 — — — 2,794,000 Repayments on Revolving Loan Facility (2,970,500 ) — — — (2,970,500 ) Repayments on Euro Term Loan Facility — — (2,004 ) — (2,004 ) Borrowings on Term Loan A Facility 425,000 — — — 425,000 Repayments on Term Loan A Facility (5,313 ) — — — (5,313 ) Borrowings on Term Loan B Facility 425,000 — — — 425,000 Repayments on Term Loan B Facility (1,063 ) — — — (1,063 ) Cash dividends paid (81,470 ) — — — (81,470 ) Taxes paid related to net shares settlement of equity awards (47,432 ) — — — (47,432 ) Excess tax benefit from stock-based compensation 34,127 — — — 34,127 Other 1,697 — (14,337 ) 801 (11,839 ) Net transactions with related entities (475,121 ) 29,654 39,755 405,712 — Net cash from financing activities 98,925 29,654 21,609 406,513 556,701 Effect of changes in foreign exchange rates on cash — — (3,580 ) — (3,580 ) Change in cash and cash equivalents 26,300 1,745 47,454 — 75,499 Cash and cash equivalents at beginning of year 10,910 10,796 218,149 — 239,855 Cash and cash equivalents at end of period $ 37,210 $ 12,541 $ 265,603 $ — $ 315,354
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (62,363 ) $ 168,523 $ 67,285 $ (406,513 ) $ (233,068 ) Investing activities: Purchases of property, plant and equipment (10,280 ) (7,301 ) (38,657 ) — (56,238 ) Proceeds from sales of assets 18 4,330 797 — 5,145 Acquisition of business, net of cash acquired — (193,461 ) — — (193,461 ) Net cash from investing activities (10,262 ) (196,432 ) (37,860 ) — (244,554 ) Financing activities: Borrowings on notes payable — — 177,730 — 177,730 Repayments on notes payable — — (200,706 ) — (200,706 ) Borrowings on Accounts Receivable Securitization Facility — — 134,339 — 134,339 Repayments on Accounts Receivable Securitization Facility — — (113,168 ) — (113,168 ) Borrowings on Revolving Loan Facility 2,794,000 — — — 2,794,000 Repayments on Revolving Loan Facility (2,970,500 ) — — — (2,970,500 ) Repayments on Euro Term Loan Facility — — (2,004 ) — (2,004 ) Borrowings on Term Loan A Facility 425,000 — — — 425,000 Repayments on Term Loan A Facility (5,313 ) — — — (5,313 ) Borrowings on Term Loan B Facility 425,000 — — — 425,000 Repayments on Term Loan B Facility (1,063 ) — — — (1,063 ) Cash dividends paid (81,470 ) — — — (81,470 ) Taxes paid related to net shares settlement of equity awards (47,432 ) — — — (47,432 ) Excess tax benefit from stock-based compensation 34,127 — — — 34,127 Other 1,697 — (14,337 ) 801 (11,839 ) Net transactions with related entities (475,121 ) 29,654 39,755 405,712 — Net cash from financing activities 98,925 29,654 21,609 406,513 556,701 Effect of changes in foreign exchange rates on cash — — (3,580 ) — (3,580 ) Change in cash and cash equivalents 26,300 1,745 47,454 — 75,499 Cash and cash equivalents at beginning of year 10,910 10,796 218,149 — 239,855 Cash and cash equivalents at end of period $ 37,210 $ 12,541 $ 265,603 $ — $ 315,354 Condensed Consolidating Statement of Cash Flow Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ 210,832 $ 150,068 $ 18,064 $ (374,026 ) $ 4,938 Investing activities: Purchases of property, plant and equipment (6,995 ) (3,194 ) (14,396 ) — (24,585 ) Proceeds from sales of assets — — 4,918 — 4,918 Net cash from investing activities (6,995 ) (3,194 ) (9,478 ) — (19,667 ) Financing activities: Borrowings on notes payable — — 66,737 — 66,737 Repayments on notes payable — — (61,957 ) — (61,957 ) Borrowings on Accounts Receivable Securitization Facility — — 115,609 — 115,609 Repayments on Accounts Receivable Securitization Facility — — (72,399 ) — (72,399 ) Borrowings on Revolving Loan Facility 1,782,500 — — — 1,782,500 Repayments on Revolving Loan Facility (1,726,500 ) — — — (1,726,500 ) Cash dividends paid (59,731 ) — — — (59,731 ) Taxes paid related to net shares settlement of equity awards (10,342 ) — — — (10,342 ) Excess tax benefit from stock-based compensation 7,895 — — — 7,895 Other 1,146 — (486 ) 146 806 Net transactions with related entities (201,067 ) (149,787 ) (23,026 ) 373,880 — Net cash from financing activities (206,099 ) (149,787 ) 24,478 374,026 42,618 Effect of changes in foreign exchange rates on cash — — (135 ) — (135 ) Change in cash and cash equivalents (2,262 ) (2,913 ) 32,929 — 27,754 Cash and cash equivalents at beginning of year 5,695 7,811 102,357 — 115,863 Cash and cash equivalents at end of period $ 3,433 $ 4,898 $ 135,286 $ — $ 143,617

Acquisitions Narrative (Details

Acquisitions Narrative (Details) € in Thousands, $ in Thousands	Apr. 06, 2015USD ($)	Aug. 29, 2014EUR (€)	Aug. 29, 2014USD ($)	Jul. 04, 2015USD ($)
Knights Apparel
Business Acquisition [Line Items]
Payments to acquire businesses	$ 193,520
Revenue of acquiree since acquisition date				$ 37,100
Pretax earnings of acquiree since acquisition date				$ 5,031
DBA Lux Holding S.A. [Member]
Business Acquisition [Line Items]
Payments to acquire businesses | €		€ 400,000
Consideration transferred		€ 297,031	$ 391,861
Trademarks And Brand Names [Member] | Knights Apparel
Business Acquisition [Line Items]
Indefinite-lived Intangible Assets Acquired	12,000
Licensing Agreements [Member] | Knights Apparel
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 31,200
Finite-Lived Intangible Asset, Useful Life	14 years
Distributor Relationships [Member] | Knights Apparel
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 14,500
Finite-Lived Intangible Asset, Useful Life	12 years
Noncompete Agreements [Member] | Knights Apparel
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired	$ 2,250
Finite-Lived Intangible Asset, Useful Life	1 year

Acquisitions Acquisitions (Deta

Acquisitions Acquisitions (Details) - USD ($) $ in Thousands	Jul. 04, 2015	Apr. 06, 2015	Jan. 03, 2015
Business Acquisition [Line Items]
Goodwill	$ 835,027		$ 723,120
Knights Apparel
Business Acquisition [Line Items]
Cash and cash equivalents		$ 59
Trade accounts receivable		14,879
Inventories		22,820
Deferred tax assets, prepaid expenses and other current assets		2,190
Trademarks and other identifiable intangibles		59,950
Total assets acquired		99,898
Accounts payable		3,742
Accrued liabilities and other		3,065
Deferred tax liabilities and other noncurrent liabilities		19,964
Total liabilities assumed		26,771
Net assets acquired		73,127
Goodwill		120,393
Purchase price		$ 193,520

Acquisitions Acquisition Pro Fo

Acquisitions Acquisition Pro Forma (Details) - Pro Forma [Member] - Knights Apparel - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Business Acquisition [Line Items]
Pro forma revenue	$ 1,522,033	$ 1,371,070	$ 2,753,111	$ 2,449,092
Pro forma net income	$ 100,206	$ 154,789	$ 150,607	$ 188,126
Pro forma earnings per share, basic	$ 0.25	$ 0.39	$ 0.37	$ 0.47
Pro forma earnings per share, diluted	$ 0.25	$ 0.38	$ 0.37	$ 0.46

Earnings Per Share and Divide32

Earnings Per Share and Dividends (Reconciliation of basic to diluted weighted average shares) (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Effect of potentially dilutive securities:
Basic weighted average shares outstanding	403,949	401,920	403,819	401,728
Stock options	2,091	4,652	2,150	4,844
Restricted stock units	1,468	1,656	1,399	1,572
Employee stock purchase plan and other	2	0	16	0
Diluted weighted average shares outstanding	407,510	408,228	407,384	408,144
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0
Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0

Earnings Per Share and Divide33

Earnings Per Share and Dividends (Narrative) (Details)	Mar. 03, 2015	Jul. 04, 2015$ / shares	Jun. 28, 2014$ / shares	Jul. 04, 2015$ / shares	Jun. 28, 2014$ / shares
Earnings Per Share [Abstract]
Stock split conversion ratio	4
Percent of dividend paid in stock	300.00%
Dividends per share, cash paid		$ 0.10	$ 0.10	$ 0.20	$ 0.20

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 179,215	$ 155,073
Work in process	188,594	164,686
Finished goods	1,398,952	1,217,441
Total Inventories	$ 1,766,761	$ 1,537,200

Debt (Detail)

Debt (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015	Nov. 09, 2010
Debt Instrument [Line Items]
Principal Amount	$ 2,484,325	$ 1,839,314
Long-term Debt, Current Maturities	266,565	225,317
Long-term debt	$ 2,217,760	1,613,997
Revolving Loan Facility
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	0.00%
Principal Amount	$ 0	176,500
Euro Term Loan
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	3.50%
Principal Amount	$ 397,225	436,953
Term Loan A
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	1.6475%
Principal Amount	$ 419,688	0
Term Loan B
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	3.25%
Principal Amount	$ 423,938	0
6.375% Senior Notes
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	6.375%		6.375%
Principal Amount	$ 1,000,000	1,000,000
Accounts Receivable Securitization Facility
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	1.08157%
Principal Amount	$ 232,134	210,963
Other International Debt
Debt Instrument [Line Items]
Principal Amount	$ 11,340	$ 14,898

Debt (Additional Information) (

Debt (Additional Information) (Detail)	3 Months Ended	6 Months Ended
	Jul. 04, 2015USD ($)	Jul. 04, 2015USD ($)	Apr. 29, 2015USD ($)
Debt Instrument [Line Items]
Prepayment fee	1.00%	1.00%
Other International Debt
Debt Instrument [Line Items]
Interest rate, range, minimum	1.485%
Interest rate, range, maximum	6.25%
Revolving Loan Facility
Debt Instrument [Line Items]
Maximum borrowing capacity prior to amendment			$ 1,100,000,000
Remaining capacity under senior secured credit facility	$ 981,943,000	$ 981,943,000
Maximum borrowing capacity under revolving credit facility	1,000,000,000	1,000,000,000	1,000,000,000
Trade letters of credit issued	18,057,000	18,057,000
Term Loans
Debt Instrument [Line Items]
Term loans borrowing capacity			850,000,000
Term Loan A
Debt Instrument [Line Items]
Term loans borrowing capacity			425,000,000
Repayments of Principal in Next Twelve Months	0.050	0.050
Repayments of Principal in Year Two	0.075	0.075
Repayments of Principal in Year Three	0.100	0.100
Repayments of Principal in Year Four	0.100	0.100
Repayments of Principal in Year Five	$ 0.150	$ 0.150
Term Loan B
Debt Instrument [Line Items]
Term loans borrowing capacity			$ 425,000,000
Quarterly repayment installments	0.25%
Revolving Loan Facility, Term Loan A Facility and Term Loan B Facility
Debt Instrument [Line Items]
Base Rate Loans Highest Interest Above Federal Funds Rate		0.50%
Percent Above LIBOR Loans with One-Month Interest Period		1.00%
Senior Secured Credit Facility
Debt Instrument [Line Items]
Capitalized Debt Issuance Cost	$ 10,900,000
Voting Securities Of First Tier Foreign Subsidiaries Granted Under Security Interest		65.00%
Leverage Ratio	4	4
Permitted Acquisition Amount for Increase Leverage Ratio		$ 200,000,000
Leverage Ratio After Permitted Acquisition		4.5
Interest Coverage Ratio		3
LIBO | Term Loan B
Debt Instrument [Line Items]
Basis Spread on Variable Rate		2.50%
Base Rate
Debt Instrument [Line Items]
Basis Spread on Variable Rate		1.00%
Base Rate | Term Loan B
Debt Instrument [Line Items]
Basis Spread on Variable Rate		1.50%
EURIBO | Euro Term Loan
Debt Instrument [Line Items]
Basis Spread on Variable Rate		2.75%
Fourth Tier | Revolving Loan Facility and Term Loan A Facility
Debt Instrument [Line Items]
Leverage Ratio	4	4
Fourth Tier | LIBO
Debt Instrument [Line Items]
Basis Spread on Variable Rate		2.00%
Third Tier | Maximum
Debt Instrument [Line Items]
Leverage Ratio	4	4
Third Tier | Minimum
Debt Instrument [Line Items]
Leverage Ratio	3.25	3.25
Third Tier | LIBO
Debt Instrument [Line Items]
Basis Spread on Variable Rate		1.75%
Third Tier | Base Rate
Debt Instrument [Line Items]
Basis Spread on Variable Rate		0.75%
Second Tier | Maximum
Debt Instrument [Line Items]
Leverage Ratio	3.25	3.25
Second Tier | Minimum
Debt Instrument [Line Items]
Leverage Ratio	2.5	2.5
Second Tier | LIBO
Debt Instrument [Line Items]
Basis Spread on Variable Rate		1.50%
Second Tier | Base Rate
Debt Instrument [Line Items]
Basis Spread on Variable Rate		0.50%
First Tier
Debt Instrument [Line Items]
Leverage Ratio	2.5	2.5
First Tier | LIBO
Debt Instrument [Line Items]
Basis Spread on Variable Rate		1.25%
First Tier | Base Rate
Debt Instrument [Line Items]
Basis Spread on Variable Rate		0.25%

(Accumulated Other Comprehensiv

(Accumulated Other Comprehensive Income (Loss) Rollforward) (Details) $ in Thousands	6 Months Ended
	Jul. 04, 2015USD ($)
Accumulated Other Comprehensive Income (Loss), Tax [Roll Forward]
Balance at January 3, 2015, tax	$ 221,507
Amounts reclassified from accumulated other comprehensive loss, tax	(1,143)
Current-period other comprehensive income (loss) activity, tax	(2,591)
Balance at July 4, 2015, tax	217,773
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at January 3, 2015, net of tax	(372,589)
Amounts reclassified from accumulated other comprehensive loss, net of tax	(915)
Current-period other comprehensive income (loss) activity, net of tax	5,252
Balance at July 4, 2015, net of tax	(368,252)
Cumulative translation adjustment
Accumulated Other Comprehensive Income (Loss), Before Tax [Roll Forward]
Balance at January 3, 2015, before tax	(34,099)
Amounts reclassified from accumulated other comprehensive loss, before tax	0
Current-period other comprehensive income (loss) activity, before tax	(628)
Balance at July 4, 2015, before tax	(34,727)
Foreign exchange contracts
Accumulated Other Comprehensive Income (Loss), Before Tax [Roll Forward]
Balance at January 3, 2015, before tax	4,834
Amounts reclassified from accumulated other comprehensive loss, before tax	(4,658)
Current-period other comprehensive income (loss) activity, before tax	11,653
Balance at July 4, 2015, before tax	11,829
Defined benefit plans
Accumulated Other Comprehensive Income (Loss), Before Tax [Roll Forward]
Balance at January 3, 2015, before tax	(564,831)
Amounts reclassified from accumulated other comprehensive loss, before tax	4,886
Current-period other comprehensive income (loss) activity, before tax	(3,182)
Balance at July 4, 2015, before tax	$ (563,127)

Accumulated Other Comprehensi38

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 953,808	$ 837,698	$ 1,716,498	$ 1,540,291
Selling, general and administrative expenses	(429,292)	(297,230)	(785,592)	(582,219)
Income tax expense (benefit)	(14,181)	(30,767)	(24,207)	(38,742)
Net income	94,902	154,578	147,538	196,138
Reclassification out of Accumulated Other Comprehensive Income
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net income	2,157	(1,369)	915	(2,544)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of deferred actuarial loss and prior service cost
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Selling, general and administrative expenses	(2,116)	(2,602)	(4,886)	(5,203)
Income tax expense (benefit)	1,597	1,020	2,797	2,040
Net income	(519)	(1,582)	(2,089)	(3,163)
Reclassification out of Accumulated Other Comprehensive Income | Foreign Exchange Contract | Gain (loss) on cash flow hedges:
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	3,823		4,658	1,030
Income tax expense (benefit)	(1,147)	(142)	(1,654)	(411)
Net income	$ 2,676	$ 213	$ 3,004	$ 619

Financial Instruments and Ris39

Financial Instruments and Risk Management (Additional Information) (Detail) - Jul. 04, 2015 - USD ($) $ in Thousands	Total
Derivative [Line Items]
Amount expected to be reclassified into earnings	$ 9,433
Foreign Exchange Contract | Designated as Hedging Instrument | Forward Contracts | Short
Derivative [Line Items]
Commitments to sell and purchase foreign currencies in foreign currency cash flow hedge derivative portfolio	279,606
Foreign Exchange Contract | Designated as Hedging Instrument | Forward Contracts | Long
Derivative [Line Items]
Commitments to sell and purchase foreign currencies in foreign currency cash flow hedge derivative portfolio	$ 423

Financial Instruments and Ris40

Financial Instruments and Risk Management (Fair Values of Derivative Instruments) (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015
Derivatives, Fair Value [Line Items]
Fair value of assets and liabilities	$ 7,449	$ 6,298
Other current assets
Derivatives, Fair Value [Line Items]
Total derivative assets	8,024	6,407
Other current assets | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total derivative assets	5,065	3,447
Other current assets | Non-hedges
Derivatives, Fair Value [Line Items]
Total derivative assets	2,959	2,960
Accrued liabilities
Derivatives, Fair Value [Line Items]
Total derivative liabilities	(575)	(109)
Accrued liabilities | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total derivative liabilities	(510)	0
Accrued liabilities | Non-hedges
Derivatives, Fair Value [Line Items]
Total derivative liabilities	$ (65)	$ (109)

Financial Instruments and Ris41

Financial Instruments and Risk Management (Effect of cash flow hedge derivative instruments) (Detail) - Foreign Exchange Contract - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Derivatives, Fair Value [Line Items]
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Loss (Effective Portion)	$ 468	$ (997)	$ 11,653	$ (855)
Cost of Sales [Member]
Derivatives, Fair Value [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	$ 3,823	$ 355	$ 4,658	$ 1,030

Financial Instruments and Ris42

Financial Instruments and Risk Management (Effect of mark to market hedge derivative instruments on Condensed Consolidated Statements of Income) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Foreign Exchange Contract | Selling, General and Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts of Gain Recognized in Income	$ (5,046)	$ (322)	$ 1,576	$ 372

Fair Value of Assets and Liab43

Fair Value of Assets and Liabilities (Additional Information) (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Allowance for Doubtful Accounts Receivable, Current	$ 29,243	$ 16,856
Carrying value of debt	2,484,325	1,839,314
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 2,573,466	$ 1,893,514

Fair Value of Assets and Liab44

Fair Value of Assets and Liabilities (Fair Value of Financial Assets and Liabilities Measured on Recurring Basis) (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets and liabilities	$ 7,449	$ 6,298
Fair Value, Measurements, Recurring | Quoted Prices In Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets and liabilities	0	0
Deferred Compensation Plan, Fair Value of Plan Liability	0	0
Net Effect Of Financial Asset Less Financial Liability	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets and liabilities	7,449	6,298
Deferred Compensation Plan, Fair Value of Plan Liability	(32,780)	(28,289)
Net Effect Of Financial Asset Less Financial Liability	(25,331)	(21,991)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets and liabilities	0	0
Deferred Compensation Plan, Fair Value of Plan Liability	0	0
Net Effect Of Financial Asset Less Financial Liability	0	0
Fair Value, Measurements, Recurring | Foreign exchange derivative contracts | Quoted Prices In Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	0	0
Fair Value, Measurements, Recurring | Foreign exchange derivative contracts | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	8,024	6,407
Total derivative liabilities	(575)	(109)
Fair Value, Measurements, Recurring | Foreign exchange derivative contracts | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total derivative assets	0	0
Total derivative liabilities	$ 0	$ 0

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Income Tax Disclosure [Abstract]
Effective Income Tax Rate, Percent	13.00%	17.00%	14.00%	16.00%

Business Segment Information (D

Business Segment Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015USD ($)	Jun. 28, 2014USD ($)	Jul. 04, 2015USD ($)segment	Jun. 28, 2014USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment			4
Net sales:
Net sales	$ 1,522,033	$ 1,342,052	$ 2,730,954	$ 2,401,422
Segment operating profit:
Total operating profit	138,933	207,124	228,864	278,912
General corporate expenses	(20,181)	(23,142)	(45,593)	(43,431)
Amortization of intangibles	(5,398)	(4,223)	(10,193)	(8,119)
Acquisition, integration and other action related charges	(125,966)	(24,045)	(169,194)	(66,682)
Other expenses	(830)	(660)	(1,212)	(1,095)
Interest expense, net	(29,020)	(21,119)	(55,907)	(42,937)
Income before income tax expense	109,083	185,345	171,745	234,880
Other Employee Related Liabilities	56,000		56,000
Innerwear
Net sales:
Net sales	777,614	788,330	1,323,787	1,359,484
Segment operating profit:
Total operating profit	196,035	183,917	306,812	281,922
Activewear
Net sales:
Net sales	378,157	317,814	676,253	612,318
Segment operating profit:
Total operating profit	61,485	47,459	94,236	81,204
Direct to Consumer
Net sales:
Net sales	101,531	104,352	183,032	188,066
Segment operating profit:
Total operating profit	11,954	11,223	9,676	9,897
International
Net sales:
Net sales	264,731	131,556	547,882	241,554
Segment operating profit:
Total operating profit	21,004	15,935	43,120	24,121
Total segment operating profit
Segment operating profit:
Total operating profit	290,478	258,534	453,844	397,144
Cost of Sales [Member]
Segment operating profit:
Acquisition, integration and other action related charges	(26,151)	(3,835)	(40,219)	(18,662)
Selling, General and Administrative Expenses [Member]
Segment operating profit:
Acquisition, integration and other action related charges	$ (99,815)	$ (20,210)	$ (128,975)	$ (48,020)

Consolidating Financial Infor47

Consolidating Financial Information (Additional Information) (Detail) - USD ($)	Jul. 04, 2015	Nov. 09, 2010
Condensed Financial Statements, Captions [Line Items]
Owned Operating Division of Parent Company	100.00%
6.375% Senior Notes
Condensed Financial Statements, Captions [Line Items]
Senior Notes Issued		$ 1,000,000,000
Interest Rate on Senior Notes Issued	6.375%	6.375%

Consolidating Financial Infor48

Consolidating Financial Information (Condensed Consolidating Statement of Income (Loss)) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014	Jul. 04, 2015	Jun. 28, 2014
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 1,522,033	$ 1,342,052	$ 2,730,954	$ 2,401,422
Cost of sales	953,808	837,698	1,716,498	1,540,291
Gross profit	568,225	504,354	1,014,456	861,131
Selling, general and administrative expenses	429,292	297,230	785,592	582,219
Operating profit	138,933	207,124	228,864	278,912
Equity in earnings of subsidiaries	0	0	0	0
Other expenses	830	660	1,212	1,095
Interest expense, net	29,020	21,119	55,907	42,937
Income before income tax expense	109,083	185,345	171,745	234,880
Income tax expense	14,181	30,767	24,207	38,742
Net income	94,902	154,578	147,538	196,138
Comprehensive income	94,396	158,546	151,875	199,325
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net sales	1,205,550	1,186,489	2,156,640	2,078,819
Cost of sales	932,461	897,376	1,705,350	1,618,522
Gross profit	273,089	289,113	451,290	460,297
Selling, general and administrative expenses	243,596	215,474	468,278	406,179
Operating profit	29,493	73,639	(16,988)	54,118
Equity in earnings of subsidiaries	90,055	120,322	221,221	205,387
Other expenses	830	660	1,212	1,095
Interest expense, net	21,578	19,058	40,701	36,942
Income before income tax expense	97,140	174,243	162,320	221,468
Income tax expense	2,238	19,665	14,782	25,330
Net income	94,902	154,578	147,538	196,138
Comprehensive income	94,396	158,546	151,875	199,325
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	242,526	190,946	395,700	410,896
Cost of sales	129,200	90,178	203,510	223,659
Gross profit	113,326	100,768	192,190	187,237
Selling, general and administrative expenses	52,772	53,922	105,636	123,945
Operating profit	60,554	46,846	86,554	63,292
Equity in earnings of subsidiaries	66,942	93,613	175,112	168,473
Other expenses	0	0	0	0
Interest expense, net	0	(88)	(4)	1,898
Income before income tax expense	127,496	140,547	261,670	229,867
Income tax expense	11,297	8,070	207	5,756
Net income	116,199	132,477	261,463	224,111
Comprehensive income	116,199	132,477	261,463	224,111
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	756,240	607,973	1,548,252	1,168,159
Cost of sales	550,424	458,668	1,150,834	889,218
Gross profit	205,816	149,305	397,418	278,941
Selling, general and administrative expenses	133,428	29,619	213,882	56,098
Operating profit	72,388	119,686	183,536	222,843
Equity in earnings of subsidiaries	0	0	0	0
Other expenses	0	0	0	0
Interest expense, net	7,634	1,979	15,416	4,035
Income before income tax expense	64,754	117,707	168,120	218,808
Income tax expense	646	3,032	9,218	7,656
Net income	64,108	114,675	158,902	211,152
Comprehensive income	70,011	117,159	160,415	211,371
Consolidating Entries and Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales	(682,283)	(643,356)	(1,369,638)	(1,256,452)
Cost of sales	(658,277)	(608,524)	(1,343,196)	(1,191,108)
Gross profit	(24,006)	(34,832)	(26,442)	(65,344)
Selling, general and administrative expenses	(504)	(1,785)	(2,204)	(4,003)
Operating profit	(23,502)	(33,047)	(24,238)	(61,341)
Equity in earnings of subsidiaries	(156,997)	(213,935)	(396,333)	(373,860)
Other expenses	0	0	0	0
Interest expense, net	(192)	170	(206)	62
Income before income tax expense	$ (180,307)	(247,152)	(420,365)	(435,263)
Income tax expense		0	0	0
Net income	$ (180,307)	(247,152)	(420,365)	(435,263)
Comprehensive income	$ (186,210)	$ (249,636)	$ (421,878)	$ (435,482)

Consolidating Financial Infor49

Consolidating Financial Information (Condensed Consolidating Balance Sheet) (Detail) - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015	Jun. 28, 2014	Dec. 28, 2013
Assets
Cash and cash equivalents	$ 315,354	$ 239,855	$ 143,617	$ 115,863
Trade accounts receivable, net	835,299	672,048
Inventories	1,766,761	1,537,200
Deferred tax assets	214,468	215,065
Other current assets	164,440	101,064
Total current assets	3,296,322	2,765,232
Property, net	658,789	674,379
Trademarks and other identifiable intangibles, net	713,783	691,201
Goodwill	835,027	723,120
Investments in subsidiaries	0	0
Deferred tax assets	291,073	294,347
Receivables from related entities	0	0
Other noncurrent assets	77,387	73,502
Total assets	5,872,381	5,221,781
Liabilities and Stockholders’ Equity
Accounts payable	661,369	621,220
Accrued liabilities	472,938	495,627
Notes payable	112,818	144,438
Accounts Receivable Securitization Facility	232,134	210,963
Current portion of long-term debt	34,431	14,354
Total current liabilities	1,513,690	1,486,602
Long-term debt	2,217,760	1,613,997
Pension and postretirement benefits	364,433	472,003
Payables to related entities	0	0
Other noncurrent liabilities	324,726	262,407
Total liabilities	4,420,609	3,835,009
Stockholders’ equity	1,451,772	1,386,772
Total liabilities and stockholders’ equity	5,872,381	5,221,781
Parent Company
Assets
Cash and cash equivalents	37,210	10,910	3,433	5,695
Trade accounts receivable, net	109,247	73,794
Inventories	1,105,921	958,376
Deferred tax assets	198,997	200,050
Other current assets	84,115	38,446
Total current assets	1,535,490	1,281,576
Property, net	94,661	88,599
Trademarks and other identifiable intangibles, net	3,817	4,102
Goodwill	232,882	232,881
Investments in subsidiaries	4,157,147	3,732,783
Deferred tax assets	200,363	202,910
Receivables from related entities	4,905,444	4,585,755
Other noncurrent assets	61,515	55,540
Total assets	11,191,319	10,184,146
Liabilities and Stockholders’ Equity
Accounts payable	371,318	353,799
Accrued liabilities	184,331	190,739
Notes payable	0	0
Accounts Receivable Securitization Facility	0	0
Current portion of long-term debt	25,500	0
Total current liabilities	581,149	544,538
Long-term debt	1,818,125	1,176,500
Pension and postretirement benefits	299,136	399,931
Payables to related entities	6,902,814	6,544,095
Other noncurrent liabilities	138,323	132,310
Total liabilities	9,739,547	8,797,374
Stockholders’ equity	1,451,772	1,386,772
Total liabilities and stockholders’ equity	11,191,319	10,184,146
Guarantor Subsidiaries
Assets
Cash and cash equivalents	12,541	10,796	4,898	7,811
Trade accounts receivable, net	104,605	37,511
Inventories	179,184	120,341
Deferred tax assets	4,194	3,515
Other current assets	10,146	11,224
Total current assets	310,670	183,387
Property, net	39,827	46,221
Trademarks and other identifiable intangibles, net	135,849	79,393
Goodwill	244,640	124,247
Investments in subsidiaries	2,016,195	1,792,790
Deferred tax assets	74,734	74,735
Receivables from related entities	4,711,239	4,471,644
Other noncurrent assets	426	428
Total assets	7,533,580	6,772,845
Liabilities and Stockholders’ Equity
Accounts payable	30,282	11,925
Accrued liabilities	50,106	61,339
Notes payable	0	0
Accounts Receivable Securitization Facility	0	0
Current portion of long-term debt	0	0
Total current liabilities	80,388	73,264
Long-term debt	0	0
Pension and postretirement benefits	0	0
Payables to related entities	3,488,083	3,270,513
Other noncurrent liabilities	31,423	12,609
Total liabilities	3,599,894	3,356,386
Stockholders’ equity	3,933,686	3,416,459
Total liabilities and stockholders’ equity	7,533,580	6,772,845
Non-Guarantor Subsidiaries
Assets
Cash and cash equivalents	265,603	218,149	135,286	102,357
Trade accounts receivable, net	622,557	561,514
Inventories	651,750	607,356
Deferred tax assets	11,277	11,500
Other current assets	70,179	51,394
Total current assets	1,621,366	1,449,913
Property, net	524,301	539,559
Trademarks and other identifiable intangibles, net	574,117	607,706
Goodwill	357,505	365,992
Investments in subsidiaries	0	0
Deferred tax assets	15,976	16,702
Receivables from related entities	2,203,829	2,087,280
Other noncurrent assets	15,446	17,534
Total assets	5,312,540	5,084,686
Liabilities and Stockholders’ Equity
Accounts payable	259,769	255,496
Accrued liabilities	239,456	242,437
Notes payable	112,818	144,438
Accounts Receivable Securitization Facility	232,134	210,963
Current portion of long-term debt	8,931	14,354
Total current liabilities	853,108	867,688
Long-term debt	399,635	437,497
Pension and postretirement benefits	65,297	72,072
Payables to related entities	1,421,260	1,330,071
Other noncurrent liabilities	154,980	118,287
Total liabilities	2,894,280	2,825,615
Stockholders’ equity	2,418,260	2,259,071
Total liabilities and stockholders’ equity	5,312,540	5,084,686
Consolidating Entries and Eliminations
Assets
Cash and cash equivalents	0	0	$ 0	$ 0
Trade accounts receivable, net	(1,110)	(771)
Inventories	(170,094)	(148,873)
Deferred tax assets	0	0
Other current assets	0	0
Total current assets	(171,204)	(149,644)
Property, net	0	0
Trademarks and other identifiable intangibles, net	0	0
Goodwill	0	0
Investments in subsidiaries	(6,173,342)	(5,525,573)
Deferred tax assets	0	0
Receivables from related entities	(11,820,512)	(11,144,679)
Other noncurrent assets	0	0
Total assets	(18,165,058)	(16,819,896)
Liabilities and Stockholders’ Equity
Accounts payable	0	0
Accrued liabilities	(955)	1,112
Notes payable	0	0
Accounts Receivable Securitization Facility	0	0
Current portion of long-term debt	0	0
Total current liabilities	(955)	1,112
Long-term debt	0	0
Pension and postretirement benefits	0	0
Payables to related entities	(11,812,157)	(11,144,679)
Other noncurrent liabilities	0	(799)
Total liabilities	(11,813,112)	(11,144,366)
Stockholders’ equity	(6,351,946)	(5,675,530)
Total liabilities and stockholders’ equity	$ (18,165,058)	$ (16,819,896)

Consolidating Financial Infor50

Consolidating Financial Information (Condensed Consolidating Statement of Cash Flows) (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jul. 04, 2015	Jun. 28, 2014
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ (233,068)	$ 4,938
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(56,238)	(24,585)
Proceeds from sales of assets	5,145	4,918
Acquisition of business, net of cash acquired	193,461	0
Net cash from investing activities	(244,554)	(19,667)
Financing activities:
Borrowings on notes payable	177,730	66,737
Repayments on notes payable	(200,706)	(61,957)
Borrowings on Accounts Receivable Securitization Facility	134,339	115,609
Repayments on Accounts Receivable Securitization Facility	(113,168)	(72,399)
Borrowings on Revolving Loan Facility	2,794,000	1,782,500
Repayments on Revolving Loan Facility	(2,970,500)	(1,726,500)
Repayments on Euro Term Loan Facility	(2,004)	0
Borrowings on Term Loan A Facility	425,000	0
Repayments of Other Long-term Debt	(5,313)	0
Borrowings on Term Loan B Facility	425,000	0
Repayments on Term Loan B Facility	(1,063)	0
Cash dividends paid	(81,470)	(59,731)
Taxes paid related to net shares settlement of equity awards	(47,432)	(10,342)
Excess tax benefit from stock-based compensation	34,127	7,895
Debt issuance costs and other	(11,839)	806
Net transactions with related entities	0	0
Net cash from financing activities	556,701	42,618
Effect of changes in foreign exchange rates on cash	(3,580)	(135)
Change in cash and cash equivalents	75,499	27,754
Cash and cash equivalents at beginning of year	239,855	115,863
Cash and cash equivalents at end of period	315,354	143,617
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(62,363)	210,832
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(10,280)	(6,995)
Proceeds from sales of assets	18	0
Acquisition of business, net of cash acquired	0
Net cash from investing activities	(10,262)	(6,995)
Financing activities:
Borrowings on notes payable	0	0
Repayments on notes payable	0	0
Borrowings on Accounts Receivable Securitization Facility	0	0
Repayments on Accounts Receivable Securitization Facility	0	0
Borrowings on Revolving Loan Facility	2,794,000	1,782,500
Repayments on Revolving Loan Facility	(2,970,500)	(1,726,500)
Repayments on Euro Term Loan Facility	0
Borrowings on Term Loan A Facility	425,000
Repayments of Other Long-term Debt	(5,313)
Borrowings on Term Loan B Facility	425,000
Repayments on Term Loan B Facility	(1,063)
Cash dividends paid	(81,470)	(59,731)
Taxes paid related to net shares settlement of equity awards	(47,432)	(10,342)
Excess tax benefit from stock-based compensation	34,127	7,895
Debt issuance costs and other	1,697	1,146
Net transactions with related entities	(475,121)	(201,067)
Net cash from financing activities	98,925	(206,099)
Effect of changes in foreign exchange rates on cash	0	0
Change in cash and cash equivalents	26,300	(2,262)
Cash and cash equivalents at beginning of year	10,910	5,695
Cash and cash equivalents at end of period	37,210	3,433
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	168,523	150,068
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(7,301)	(3,194)
Proceeds from sales of assets	4,330	0
Acquisition of business, net of cash acquired	193,461
Net cash from investing activities	(196,432)	(3,194)
Financing activities:
Borrowings on notes payable	0	0
Repayments on notes payable	0	0
Borrowings on Accounts Receivable Securitization Facility	0	0
Repayments on Accounts Receivable Securitization Facility	0	0
Borrowings on Revolving Loan Facility	0	0
Repayments on Revolving Loan Facility	0	0
Repayments on Euro Term Loan Facility	0
Borrowings on Term Loan A Facility	0
Repayments of Other Long-term Debt	0
Borrowings on Term Loan B Facility	0
Repayments on Term Loan B Facility	0
Cash dividends paid	0	0
Taxes paid related to net shares settlement of equity awards	0	0
Excess tax benefit from stock-based compensation	0	0
Debt issuance costs and other	0	0
Net transactions with related entities	29,654	(149,787)
Net cash from financing activities	29,654	(149,787)
Effect of changes in foreign exchange rates on cash	0	0
Change in cash and cash equivalents	1,745	(2,913)
Cash and cash equivalents at beginning of year	10,796	7,811
Cash and cash equivalents at end of period	12,541	4,898
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	67,285	18,064
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(38,657)	(14,396)
Proceeds from sales of assets	797	4,918
Acquisition of business, net of cash acquired	0
Net cash from investing activities	(37,860)	(9,478)
Financing activities:
Borrowings on notes payable	177,730	66,737
Repayments on notes payable	(200,706)	(61,957)
Borrowings on Accounts Receivable Securitization Facility	134,339	115,609
Repayments on Accounts Receivable Securitization Facility	(113,168)	(72,399)
Borrowings on Revolving Loan Facility	0	0
Repayments on Revolving Loan Facility	0	0
Repayments on Euro Term Loan Facility	(2,004)
Borrowings on Term Loan A Facility	0
Repayments of Other Long-term Debt	0
Borrowings on Term Loan B Facility	0
Repayments on Term Loan B Facility	0
Cash dividends paid	0	0
Taxes paid related to net shares settlement of equity awards	0	0
Excess tax benefit from stock-based compensation	0	0
Debt issuance costs and other	(14,337)	(486)
Net transactions with related entities	39,755	(23,026)
Net cash from financing activities	21,609	24,478
Effect of changes in foreign exchange rates on cash	(3,580)	(135)
Change in cash and cash equivalents	47,454	32,929
Cash and cash equivalents at beginning of year	218,149	102,357
Cash and cash equivalents at end of period	265,603	135,286
Consolidating Entries and Eliminations
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(406,513)	(374,026)
Investing activities:
Payments to Acquire Property, Plant, and Equipment	0	0
Proceeds from sales of assets	0	0
Acquisition of business, net of cash acquired	0
Net cash from investing activities	0	0
Financing activities:
Borrowings on notes payable	0	0
Repayments on notes payable	0	0
Borrowings on Accounts Receivable Securitization Facility	0	0
Repayments on Accounts Receivable Securitization Facility	0	0
Borrowings on Revolving Loan Facility	0	0
Repayments on Revolving Loan Facility	0	0
Repayments on Euro Term Loan Facility	0
Borrowings on Term Loan A Facility	0
Repayments of Other Long-term Debt	0
Borrowings on Term Loan B Facility	0
Repayments on Term Loan B Facility	0
Cash dividends paid	0	0
Taxes paid related to net shares settlement of equity awards	0	0
Excess tax benefit from stock-based compensation	0	0
Debt issuance costs and other	801	146
Net transactions with related entities	405,712	373,880
Net cash from financing activities	406,513	374,026
Effect of changes in foreign exchange rates on cash	0	0
Change in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of year	0	0
Cash and cash equivalents at end of period	$ 0	$ 0