Hanesbrands (HBI) 10-Q 26 Apr 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 02, 2016	Apr. 22, 2016
Document Documentand Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 2, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Trading Symbol	HBI
Entity Registrant Name	Hanesbrands Inc.
Entity Central Index Key	1,359,841
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		377,517,432

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Income Statement [Abstract]
Net sales	$ 1,219,140	$ 1,208,921
Cost of sales	761,884	762,690
Gross profit	457,256	446,231
Selling, general and administrative expenses	334,851	356,300
Operating profit	122,405	89,931
Other expenses	649	382
Interest expense, net	31,566	26,887
Income before income tax expense	90,190	62,662
Income tax expense	9,921	10,026
Net income	$ 80,269	$ 52,636
Earnings per share:
Net income (usd per share)	$ 0.21	$ 0.13
Earnings per share — diluted:
Net income (usd per share)	$ 0.21	$ 0.13

Condensed Consolidated Stateme3

Condensed Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Condensed Consolidated Statements Of Comprehensive Income (Unaudited) [Abstract]
Net income	$ 80,269	$ 52,636
Other comprehensive income, net of tax of $1,439 and $3,840, respectively	10,216	4,843
Comprehensive income	$ 90,485	$ 57,479

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Condensed Consolidated Statements Of Comprehensive Income (Unaudited) [Abstract]
Tax on other comprehensive income	$ 1,439	$ (3,840)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 02, 2016	Jan. 02, 2016
Assets
Cash and cash equivalents	$ 332,422	$ 319,169
Trade accounts receivable, net	722,103	680,417
Inventories	1,969,872	1,814,602
Other current assets	93,283	103,679
Total current assets	3,117,680	2,917,867
Property, net	652,126	650,462
Trademarks and other identifiable intangibles, net	711,950	700,515
Goodwill	838,984	834,315
Deferred tax assets	452,709	445,179
Other noncurrent assets	48,612	49,252
Total assets	5,822,061	5,597,590
Liabilities and Stockholders’ Equity
Accounts payable	530,436	672,972
Accrued liabilities	460,514	460,333
Notes payable	115,237	117,785
Accounts Receivable Securitization Facility	200,000	195,163
Current portion of long-term debt	62,325	57,656
Total current liabilities	1,368,512	1,503,909
Long-term debt	2,963,424	2,232,712
Pension and postretirement benefits	322,586	362,266
Other noncurrent liabilities	215,498	222,812
Total liabilities	4,870,020	4,321,699
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 - 377,513,184 and 391,652,810, respectively	3,775	3,917
Additional paid-in capital	275,937	277,569
Retained earnings	1,057,046	1,389,338
Accumulated other comprehensive loss	(384,717)	(394,933)
Total stockholders’ equity	952,041	1,275,891
Total liabilities and stockholders’ equity	$ 5,822,061	$ 5,597,590

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 02, 2016	Jan. 02, 2016
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	377,513,184	391,652,810
Common stock, shares outstanding	377,513,184	391,652,810

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Operating activities:
Net income	$ 80,269	$ 52,636
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization of long-lived assets	22,820	24,573
Amortization of debt issuance costs	1,790	1,690
Stock compensation expense	7,508	4,152
Deferred taxes and other	(8,372)	1,446
Changes in assets and liabilities, net of acquisition of business:
Accounts receivable	(34,927)	(58,024)
Inventories	(140,393)	(180,352)
Other assets	3,030	(6,166)
Accounts payable	(141,341)	10,534
Accrued pension and postretirement	(37,793)	(98,366)
Accrued liabilities and other	(37,397)	(11,468)
Net cash from operating activities	(284,806)	(259,345)
Investing activities:
Purchases of property, plant and equipment	(27,859)	(36,368)
Proceeds from sales of assets	15,286	4,735
Acquisition of business, net of cash acquired	(7,062)	0
Net cash from investing activities	(19,635)	(31,633)
Financing activities:
Borrowings on notes payable	368,778	43,828
Repayments on notes payable	(367,016)	(61,137)
Borrowings on Accounts Receivable Securitization Facility	53,261	79,039
Repayments on Accounts Receivable Securitization Facility	(48,424)	(90,393)
Borrowings on Revolving Loan Facility	1,471,500	1,327,500
Repayments on Revolving Loan Facility	(732,500)	(921,000)
Repayments on Euro Term Loan Facility	0	(974)
Repayments on Term Loan A Facility	(9,063)	0
Repayments on Term Loan B Facility	(1,063)	0
Borrowings on International Debt	2,895	3,352
Repayments on International Debt	(1,728)	(1,913)
Share repurchases	(379,901)	0
Cash dividends paid	(42,683)	(40,083)
Taxes paid related to net shares settlement of equity awards	(837)	(17,982)
Excess tax benefit from stock-based compensation	924	12,833
Debt issuance costs and other	541	684
Net cash from financing activities	314,684	333,754
Effect of changes in foreign exchange rates on cash	3,010	(5,564)
Change in cash and cash equivalents	13,253	37,212
Cash and cash equivalents at beginning of year	319,169	239,855
Cash and cash equivalents at end of period	$ 332,422	$ 277,067

Basis of Presentation

Basis of Presentation	3 Months Ended
	Apr. 02, 2016
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. 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 year-end condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. 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	3 Months Ended
	Apr. 02, 2016
Text Block [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Consolidation In February 2015, the Financial Accounting Standards Board (the “FASB”) issued an update to their existing consolidation model, which changes the analysis a reporting entity must perform to determine whether it should consolidate certain types of legal entities. The new rules were effective for the Company in the first quarter of 2016. The adoption of the new accounting rules did not have an impact on the Company’s financial condition, results of operations or 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 were effective for the Company in the first quarter of 2016. The adoption of the new accounting rules did not have a material impact on the Company’s financial condition, results of operations or cash flows. Cloud Computing In April 2015, the FASB issued new accounting rules, related to a customer’s accounting for fees paid in a cloud computing arrangement. The guidance provides clarification on whether a cloud computing arrangement includes a software license. If a software license is included, the customer should account for the license consistent with its accounting for other software licenses. If a software license is not included, the arrangement should be accounted for as a service contract. The new rules were effective for the Company in the first quarter of 2016. The adoption of the new accounting rules did not have a material impact on the Company’s financial condition, results of operations or cash flows. Fair Value Measurement In May 2015, the FASB issued an update to their accounting guidance related to fair value measurements. The guidance removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient, and requires separate disclosure of those investments instead. These disclosures were effective for the Company in the first quarter of 2016. The adoption of the new accounting rules did not have a material impact on the Company’s financial condition, results of operations or cash flows. Measurement Period Adjustments In September 2015, the FASB issued new accounting rules, which simplify the accounting for measurement period adjustments by eliminating the requirements to restate prior period financial statements for these adjustments. The new guidance requires that the cumulative impact of a measurement period adjustment (including the impact on prior periods) be recognized in the reporting period in which the adjustment is identified. The new standard, which should be applied prospectively to measurement period adjustments that occur after the effective date, was effective for the Company in the first quarter of 2016. The adoption of the new accounting rules did not have a material impact on the Company’s financial condition, results of operations or cash flows. Stock Compensation In March 2016, the FASB issued new accounting rules related to accounting for stock compensation. The new guidance requires all excess tax benefits and deficiencies to be recognized in income as they occur. The new guidance also changes the cash flow presentation of excess tax benefits, classifying them as operating inflows or outflows. The new standard, which can be applied retrospectively or prospectively, is effective for the Company in the first quarter of 2017. 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 and cash flows. Inventory In July 2015, the FASB issued new accounting rules, which require inventory to be recorded at the lower of cost or net realizable value. The new standard will be effective for the Company in the first quarter of 2017. 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. 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. In March 2016, the FASB issued an update to the accounting rules regarding revenue from contracts with customers, which clarifies revenue recognition when an agent, along with the entity, is involved in providing a good or service to a customer. In April 2016, the FASB issued an additional update, which clarifies the principle for determining whether a good or service is “separately identifiable” and, therefore, should be accounted for separately. 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. Hedge Accounting In March 2016, the FASB issued new accounting rules related to hedge accounting, which clarifies that a change in the counterparty to a derivative contract, in and of itself, does not require the dedesignation of a hedging relationship. The new standard, which can be adopted prospectively or on a modified retrospective basis, is effective for the Company in the first quarter of 2018. 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 and cash flows. Lease Accounting In February 2016, the FASB issued new accounting rules related to lease accounting, which will require lessees to recognize a right-of-use asset and a lease liability for all leases that are not short-term in nature. The new rules will be effective for the Company in the first quarter of 2019. 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.

Acquisitions

Acquisitions	3 Months Ended
	Apr. 02, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions Knights Apparel In April 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 $192,888 on an enterprise value basis. The Company funded the acquisition with cash on hand and short-term borrowings under its Revolving Loan Facility. 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. Since January 2, 2016, goodwill decreased by $3,551 as a result of measurement period adjustments to the acquired income tax balances. The purchase price allocation was finalized in the first quarter of 2016. 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 5,741 Trademarks and other identifiable intangibles 59,950 Total assets acquired 103,449 Accounts payable, accrued liabilities and other 6,807 Deferred tax liabilities and other noncurrent liabilities 18,142 Total liabilities assumed 24,949 Net assets acquired 78,500 Goodwill 114,388 Purchase price $ 192,888

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Apr. 02, 2016
Text Block [Abstract]
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. The reconciliation of basic to diluted weighted average shares outstanding is as follows: Quarter Ended April 2, April 4, Basic weighted average shares outstanding 386,598 403,578 Effect of potentially dilutive securities: Stock options 1,400 3,166 Restricted stock units 1,040 1,498 Employee stock purchase plan and other 5 18 Diluted weighted average shares outstanding 389,043 408,260 For the quarters ended April 2, 2016 and April 4, 2015 , 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 April 2, 2016 and April 4, 2015 , the Company declared cash dividends of $0.11 and $0.10 per share, respectively. In 2007, the Company’s Board of Directors authorized up to 40,000 shares to be repurchased in open-market transactions, and such repurchases are subject to market conditions, legal requirements and other factors. During the quarter ended April 2, 2016 , the Company entered into transactions to repurchase 14,243 shares at a weighted average repurchase price of $26.65 per share. The shares were repurchased at a total cost of $379,901 . At April 2, 2016 , the remaining repurchase authorization totaled 2,261 shares. The program does not obligate the Company to acquire any particular amount of common stock and may be suspended or discontinued at any time at the Company’s discretion.

Inventories

Inventories	3 Months Ended
	Apr. 02, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following: April 2, January 2, Raw materials $ 162,016 $ 173,336 Work in process 219,833 200,836 Finished goods 1,588,023 1,440,430 $ 1,969,872 $ 1,814,602

Debt

Debt	3 Months Ended
	Apr. 02, 2016
Debt Disclosure [Abstract]
Debt	Debt Debt consisted of the following: Interest Principal Amount Maturity Date April 2, January 2, Senior Secured Credit Facility: Revolving Loan Facility 1.99% $ 802,500 $ 63,500 April 2020 Euro Term Loan 3.50% 117,304 113,098 August 2021 Term Loan A 1.90% 696,250 705,313 April 2020 Term Loan B 3.25% 420,750 421,813 April 2022 6.375% Senior Notes 6.38% 1,000,000 1,000,000 December 2020 Accounts Receivable Securitization Facility 1.33% 200,000 195,163 March 2017 Other International Debt Various 9,582 8,094 Various 3,246,386 2,506,981 Less long-term debt issuance cost 20,637 21,450 Less current maturities 262,325 252,819 $ 2,963,424 $ 2,232,712 As of April 2, 2016 , the Company had $182,005 of borrowing availability under the $1,000,000 Revolving Loan Facility after taking into account outstanding borrowings and $15,495 of standby and trade letters of credit issued and outstanding under this facility. In March 2016, 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 2017 and changed the borrowing capacity from a fixed capacity to a varying limit throughout the year, in order to minimize fees for the Company’s unused portion of the facility. As of April 2, 2016 , the Company was in compliance with all financial covenants under its credit facilities.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Apr. 02, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The components of Accumulated other comprehensive loss (“AOCI”) are as follows: Cumulative Translation Adjustment Hedges Defined Benefit Plans Income Taxes Accumulated Other Comprehensive Loss Balance at January 2, 2016 $ (57,675 ) $ 6,743 $ (563,759 ) $ 219,758 $ (394,933 ) Amounts reclassified from accumulated other comprehensive loss — (2,324 ) 4,205 (732 ) 1,149 Current-period other comprehensive income (loss) activity 12,474 (5,578 ) — 2,171 9,067 Balance at April 2, 2016 $ (45,201 ) $ (1,159 ) $ (559,554 ) $ 221,197 $ (384,717 ) The Company had the following reclassifications out of AOCI: Component of AOCI Location of Reclassification into Income Amount of Reclassification Quarter Ended April 2, April 4, Gain (loss) on foreign exchange contracts Cost of sales $ 2,324 $ 835 Income tax (904 ) (507 ) Net of tax 1,420 328 Amortization of deferred actuarial loss and prior service cost Selling, general and administrative (4,205 ) (2,770 ) Income tax 1,636 1,200 Net of tax (2,569 ) (1,570 ) Total reclassifications $ (1,149 ) $ (1,242 )

Financial Instruments and Risk

Financial Instruments and Risk Management	3 Months Ended
	Apr. 02, 2016
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 April 2, 2016 , the notional U.S. dollar equivalent of commitments to sell and purchase foreign currencies within the Company’s derivative portfolio was $229,472 and $2,614 , respectively, primarily consisting of contracts hedging exposures to the Euro, Canadian dollar, Mexican peso, Australian dollar, Japanese yen and Brazilian real. 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 April 2, January 2, Hedges Other current assets $ 131 $ 3,700 Non-hedges Other current assets 339 1,514 Total derivative assets 470 5,214 Hedges Accrued liabilities (3,728 ) (330 ) Non-hedges Accrued liabilities (1,297 ) (775 ) Total derivative liabilities (5,025 ) (1,105 ) Net derivative asset (liability) $ (4,555 ) $ 4,109 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 $65 . 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 AOCI and Income is as follows: Amount of Gain (Loss) Quarter Ended April 2, April 4, Foreign exchange contracts $ (5,578 ) $ 11,185 Location of Amount of Gain Quarter Ended April 2, April 4, Foreign exchange contracts Cost of sales $ 2,324 $ 835 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) Quarter Ended April 2, April 4, Foreign exchange contracts Selling, general and administrative expenses $ (2,408 ) $ 3,470

Fair Value of Assets and Liabil

Fair Value of Assets and Liabilities	3 Months Ended
	Apr. 02, 2016
Text Block [Abstract]
Fair Value of Assets and Liabilities	Fair Value of Assets and Liabilities As of April 2, 2016 , 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 April 2, 2016 to the Company’s valuation techniques used to measure asset and liability fair values on a recurring basis. There were no transfers into or out of Level 1, Level 2 or Level 3 during the quarter ended April 2, 2016 . As of and during the quarter ended April 2, 2016 , 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 $ — $ 470 $ — Foreign exchange derivative contracts — (5,025 ) — — (4,555 ) — Deferred compensation plan liability — (36,015 ) — Total $ — $ (40,570 ) $ — Assets (Liabilities) at Fair Value as of Quoted Prices In Significant Significant Foreign exchange derivative contracts $ — $ 5,214 $ — Foreign exchange derivative contracts — (1,105 ) — — 4,109 — Deferred compensation plan liability — (36,257 ) — Total $ — $ (32,148 ) $ — 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 April 2, 2016 and January 2, 2016 . The carrying amount of trade accounts receivable included allowance for doubtful accounts, chargebacks and other deductions of $14,696 and $13,100 as of April 2, 2016 and January 2, 2016 , respectively. The fair value of debt, which is classified as a Level 2 liability, was $3,285,216 and $2,537,640 as of April 2, 2016 and January 2, 2016 , respectively. Debt had a carrying value of $3,246,386 and $2,506,981 as of April 2, 2016 and January 2, 2016 , respectively. In the first quarter of 2016, the Company adopted new accounting rules, which require debt issuance costs to be presented in the balance sheet as a direct deduction from the associated debt liability. Hence, the carrying value of debt reflected on the face of the balance sheet reflects the adoption of the new accounting rules. However, the carrying value of debt reflected in this footnote disclosure reflects the gross amount owed to creditors. 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 April 2, 2016 and January 2, 2016 , primarily due to the short-term nature of these instruments.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 02, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s effective income tax rate was 11% and 16% for the quarters ended April 2, 2016 and April 4, 2015 , respectively. The lower effective income tax rate for the quarter ended April 2, 2016 compared to the quarter ended April 4, 2015 was primarily due to a lower proportion of earnings attributed to domestic subsidiaries, which are taxed at rates higher than foreign subsidiaries.

Subsequent Events

Subsequent Events	3 Months Ended
	Apr. 02, 2016
Subsequent Events [Abstract]
Subsequent Events [Text Block]	Subsequent Event The Company announced on April 7, 2016 that it had entered into a definitive agreement to acquire Champion Europe S.p.A (“Champion Europe”), which owns the trademark for the Champion brand in Europe, the Middle East and Africa. The purchase price will be 10 times actual calendar year 2016 earnings before interest, taxes, depreciation and amortization (“EBITDA”), subject to adjustment for cash, debt and working capital. Champion Europe expects calendar year 2016 EBITDA of approximately €20,000 . The acquisition, which is subject to certain closing conditions, is expected to close midyear 2016.

Business Segment Information

Business Segment Information	3 Months Ended
	Apr. 02, 2016
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. As a result of a shift in management responsibilities, the Company decided in the first quarter of 2016 to move its wholesale e-commerce business from its Direct to Consumer segment into the respective Innerwear and Activewear segments. Prior year segment sales and operating profit results have been revised to conform to the current year presentation. 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, panties, children’s underwear, socks, hosiery and intimate apparel, 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 retail 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. • 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 Company decided in the first quarter of 2016 to revise the manner in which the Company allocates certain selling, general and administrative expenses. Certain prior year segment operating profit disclosures have been revised to conform to current year presentation. 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 2, 2016 . Quarter Ended April 2, April 4, Net sales: Innerwear $ 560,726 $ 553,604 Activewear 309,525 301,010 Direct to Consumer 69,802 71,157 International 279,087 283,150 Total net sales $ 1,219,140 $ 1,208,921 Quarter Ended April 2, April 4, Segment operating profit: Innerwear $ 117,972 $ 116,063 Activewear 32,569 31,170 Direct to Consumer (3,022 ) (4,530 ) International 24,719 21,495 Total segment operating profit 172,238 164,198 Items not included in segment operating profit: General corporate expenses (21,435 ) (26,244 ) Acquisition, integration and other action related charges (24,669 ) (43,228 ) Amortization of intangibles (3,729 ) (4,795 ) Total operating profit 122,405 89,931 Other expenses (649 ) (382 ) Interest expense, net (31,566 ) (26,887 ) Income before income tax expense $ 90,190 $ 62,662 For the quarter ended April 2, 2016 , the Company incurred acquisition, integration and other action related charges of $24,669 , of which $4,869 is reported in the “Cost of sales” line and $19,800 is reported in the “Selling, general and administrative expenses” line in the Condensed Consolidated Statement of Income. For the quarter ended April 4, 2015 , the Company incurred acquisition, integration and other action related charges of $43,228 , of which $14,068 is reported in the “Cost of sales” line and $29,160 is reported in the “Selling, general and administrative expenses” line in the Condensed Consolidated Statement of Income. As part of the Hanes Europe Innerwear acquisition strategy, the Company has identified management and administrative positions that are considered non-essential and/or duplicative that will be eliminated. As of April 2, 2016 , the Company has accrued approximately $50,269 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 April 2, 2016 , approximately $3,731 of benefit payments had been made. $30,596 and $19,673 , respectively, is included in the “Accrued liabilities” and “Other noncurrent liabilities” line of the Consolidated Balance Sheet.

Consolidating Financial Informa

Consolidating Financial Information	3 Months Ended
	Apr. 02, 2016
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 $ 876,884 $ 178,588 $ 865,234 $ (701,566 ) $ 1,219,140 Cost of sales 649,945 92,022 638,057 (618,140 ) 761,884 Gross profit 226,939 86,566 227,177 (83,426 ) 457,256 Selling, general and administrative expenses 189,432 44,619 103,279 (2,479 ) 334,851 Operating profit 37,507 41,947 123,898 (80,947 ) 122,405 Equity in earnings of subsidiaries 96,432 101,331 — (197,763 ) — Other expenses 649 — — — 649 Interest expense, net 27,088 1 4,527 (50 ) 31,566 Income before income tax expense 106,202 143,277 119,371 (278,660 ) 90,190 Income tax expense 25,933 (24,465 ) 8,453 — 9,921 Net income $ 80,269 $ 167,742 $ 110,918 $ (278,660 ) $ 80,269 Comprehensive income $ 90,485 $ 167,742 $ 118,621 $ (286,363 ) $ 90,485 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 951,090 $ 153,174 $ 792,012 $ (687,355 ) $ 1,208,921 Cost of sales 772,889 74,310 600,410 (684,919 ) 762,690 Gross profit 178,201 78,864 191,602 (2,436 ) 446,231 Selling, general and administrative expenses 224,682 52,864 80,454 (1,700 ) 356,300 Operating profit (46,481 ) 26,000 111,148 (736 ) 89,931 Equity in earnings of subsidiaries 131,166 108,170 — (239,336 ) — Other expenses 382 — — — 382 Interest expense, net 19,123 (4 ) 7,782 (14 ) 26,887 Income before income tax expense 65,180 134,174 103,366 (240,058 ) 62,662 Income tax expense 12,544 (11,090 ) 8,572 — 10,026 Net income $ 52,636 $ 145,264 $ 94,794 $ (240,058 ) $ 52,636 Comprehensive income $ 57,479 $ 145,264 $ 90,404 $ (235,668 ) $ 57,479 Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 20,955 $ 5,826 $ 305,641 $ — $ 332,422 Trade accounts receivable, net 95,789 67,911 559,680 (1,277 ) 722,103 Inventories 1,302,946 167,467 692,236 (192,777 ) 1,969,872 Other current assets 35,966 9,933 47,384 — 93,283 Total current assets 1,455,656 251,137 1,604,941 (194,054 ) 3,117,680 Property, net 96,408 42,950 512,768 — 652,126 Trademarks and other identifiable intangibles, net 6,132 130,161 575,657 — 711,950 Goodwill 232,882 238,635 367,467 — 838,984 Investments in subsidiaries 4,681,675 2,335,565 — (7,017,240 ) — Deferred tax assets 365,965 75,999 10,745 — 452,709 Receivables from related entities 5,497,304 5,251,814 2,536,205 (13,285,323 ) — Other noncurrent assets 38,569 317 9,726 — 48,612 Total assets $ 12,374,591 $ 8,326,578 $ 5,617,509 $ (20,496,617 ) $ 5,822,061 Liabilities and Stockholders’ Accounts payable $ 189,512 $ 25,815 $ 315,109 $ — $ 530,436 Accrued liabilities 169,252 24,978 266,546 (262 ) 460,514 Notes payable — — 115,237 — 115,237 Accounts Receivable Securitization Facility — — 200,000 — 200,000 Current portion of long-term debt 58,625 — 3,700 — 62,325 Total current liabilities 417,389 50,793 900,592 (262 ) 1,368,512 Long-term debt 2,841,461 — 121,963 — 2,963,424 Pension and postretirement benefits 265,495 — 57,091 — 322,586 Payables to related entities 7,803,803 3,822,944 1,658,576 (13,285,323 ) — Other noncurrent liabilities 94,402 11,777 109,319 — 215,498 Total liabilities 11,422,550 3,885,514 2,847,541 (13,285,585 ) 4,870,020 Stockholders’ equity 952,041 4,441,064 2,769,968 (7,211,032 ) 952,041 Total liabilities and stockholders’ equity $ 12,374,591 $ 8,326,578 $ 5,617,509 $ (20,496,617 ) $ 5,822,061 Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 6,348 $ 7,683 $ 305,138 $ — $ 319,169 Trade accounts receivable, net 92,287 68,710 520,697 (1,277 ) 680,417 Inventories 1,123,320 145,533 656,714 (110,965 ) 1,814,602 Other current assets 32,793 10,775 57,331 2,780 103,679 Total current assets 1,254,748 232,701 1,539,880 (109,462 ) 2,917,867 Property, net 96,223 42,619 511,620 — 650,462 Trademarks and other identifiable intangibles, net 4,166 130,296 566,053 — 700,515 Goodwill 232,882 242,186 359,247 — 834,315 Investments in subsidiaries 4,595,424 2,229,254 — (6,824,678 ) — Deferred tax assets 362,414 72,448 10,317 — 445,179 Receivables from related entities 5,145,108 5,099,420 2,366,888 (12,611,416 ) — Other noncurrent assets 38,938 319 9,995 — 49,252 Total assets $ 11,729,903 $ 8,049,243 $ 5,364,000 $ (19,545,556 ) $ 5,597,590 Liabilities and Stockholders’ Accounts payable $ 248,114 $ 21,733 $ 403,125 $ — $ 672,972 Accrued liabilities 168,440 51,766 240,528 (401 ) 460,333 Notes payable — — 117,785 — 117,785 Accounts Receivable Securitization Facility — — 195,163 — 195,163 Current portion of long-term debt 54,094 — 3,562 — 57,656 Total current liabilities 470,648 73,499 960,163 (401 ) 1,503,909 Long-term debt 2,115,081 — 117,631 — 2,232,712 Pension and postretirement benefits 307,738 — 54,528 — 362,266 Payables to related entities 7,462,706 3,691,969 1,456,741 (12,611,416 ) — Other noncurrent liabilities 97,839 11,659 113,314 — 222,812 Total liabilities 10,454,012 3,777,127 2,702,377 (12,611,817 ) 4,321,699 Stockholders’ equity 1,275,891 4,272,116 2,661,623 (6,933,739 ) 1,275,891 Total liabilities and stockholders’ equity $ 11,729,903 $ 8,049,243 $ 5,364,000 $ (19,545,556 ) $ 5,597,590 Condensed Consolidating Statement of Cash Flows Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (173,346 ) $ 107,704 $ (26,118 ) $ (193,046 ) $ (284,806 ) Investing activities: Purchases of property, plant and equipment (9,008 ) (4,446 ) (14,405 ) — (27,859 ) Proceeds from sales of assets 15,338 — (52 ) — 15,286 Acquisition of business, net of cash acquired — — (7,062 ) — (7,062 ) Net cash from investing activities 6,330 (4,446 ) (21,519 ) — (19,635 ) Financing activities: Borrowings on notes payable — — 368,778 — 368,778 Repayments on notes payable — — (367,016 ) — (367,016 ) Borrowings on Accounts Receivable Securitization Facility — — 53,261 — 53,261 Repayments on Accounts Receivable Securitization Facility — — (48,424 ) — (48,424 ) Borrowings on Revolving Loan Facility 1,471,500 — — — 1,471,500 Repayments on Revolving Loan Facility (732,500 ) — — — (732,500 ) Repayments on Term Loan A Facility (9,063 ) — — — (9,063 ) Repayments on Term Loan B Facility (1,063 ) — — — (1,063 ) Borrowings on International Debt — — 2,895 — 2,895 Repayments on International Debt — — (1,728 ) — (1,728 ) Cash dividends paid (42,683 ) — — — (42,683 ) Share repurchases (379,901 ) — — — (379,901 ) Taxes paid related to net shares settlement of equity awards (837 ) — — — (837 ) Excess tax benefit from stock-based compensation 924 — — — 924 Debt issuance costs and other 980 — (439 ) — 541 Net transactions with related entities (125,734 ) (105,115 ) 37,803 193,046 — Net cash from financing activities 181,623 (105,115 ) 45,130 193,046 314,684 Effect of changes in foreign exchange rates on cash — — 3,010 — 3,010 Change in cash and cash equivalents 14,607 (1,857 ) 503 — 13,253 Cash and cash equivalents at beginning of year 6,348 7,683 305,138 — 319,169 Cash and cash equivalents at end of period $ 20,955 $ 5,826 $ 305,641 $ — $ 332,422 Condensed Consolidating Statement of Cash Flow Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (115,241 ) $ 68,660 $ (391,119 ) $ 178,355 $ (259,345 ) Investing activities: Purchases of property, plant and equipment (8,864 ) (3,796 ) (23,708 ) — (36,368 ) Proceeds from sales of assets — 4,322 413 — 4,735 Net cash from investing activities (8,864 ) 526 (23,295 ) — (31,633 ) Financing activities: Borrowings on notes payable — — 43,828 — 43,828 Repayments on notes payable — — (61,137 ) — (61,137 ) Borrowings on Accounts Receivable Securitization Facility — — 79,039 — 79,039 Repayments on Accounts Receivable Securitization Facility — — (90,393 ) — (90,393 ) Borrowings on Revolving Loan Facility 1,327,500 — — — 1,327,500 Repayments on Revolving Loan Facility (921,000 ) — — — (921,000 ) Cash dividends paid (40,083 ) — — — (40,083 ) Repayments on Euro Term Loan Facility — — (974 ) — (974 ) Borrowings on International Debt — — 3,352 — 3,352 Repayments on International Debt — — (1,913 ) — (1,913 ) Taxes paid related to net shares settlement of equity awards (17,982 ) — — — (17,982 ) Excess tax benefit from stock-based compensation 12,833 — — — 12,833 Other 1,183 — (493 ) (6 ) 684 Net transactions with related entities (245,013 ) (67,871 ) 491,233 (178,349 ) — Net cash from financing activities 117,438 (67,871 ) 462,542 (178,355 ) 333,754 Effect of changes in foreign exchange rates on cash — — (5,564 ) — (5,564 ) Change in cash and cash equivalents (6,667 ) 1,315 42,564 — 37,212 Cash and cash equivalents at beginning of year 10,910 10,796 218,149 — 239,855 Cash and cash equivalents at end of period $ 4,243 $ 12,111 $ 260,713 $ — $ 277,067

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Apr. 02, 2016
Knights Apparel
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 5,741 Trademarks and other identifiable intangibles 59,950 Total assets acquired 103,449 Accounts payable, accrued liabilities and other 6,807 Deferred tax liabilities and other noncurrent liabilities 18,142 Total liabilities assumed 24,949 Net assets acquired 78,500 Goodwill 114,388 Purchase price $ 192,888

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Apr. 02, 2016
Text Block [Abstract]
Reconciliation of Basic to Diluted Weighted Average Shares	The reconciliation of basic to diluted weighted average shares outstanding is as follows: Quarter Ended April 2, April 4, Basic weighted average shares outstanding 386,598 403,578 Effect of potentially dilutive securities: Stock options 1,400 3,166 Restricted stock units 1,040 1,498 Employee stock purchase plan and other 5 18 Diluted weighted average shares outstanding 389,043 408,260

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Apr. 02, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following: April 2, January 2, Raw materials $ 162,016 $ 173,336 Work in process 219,833 200,836 Finished goods 1,588,023 1,440,430 $ 1,969,872 $ 1,814,602

Debt (Tables)

Debt (Tables)	3 Months Ended
	Apr. 02, 2016
Debt Disclosure [Abstract]
Debt	Debt consisted of the following: Interest Principal Amount Maturity Date April 2, January 2, Senior Secured Credit Facility: Revolving Loan Facility 1.99% $ 802,500 $ 63,500 April 2020 Euro Term Loan 3.50% 117,304 113,098 August 2021 Term Loan A 1.90% 696,250 705,313 April 2020 Term Loan B 3.25% 420,750 421,813 April 2022 6.375% Senior Notes 6.38% 1,000,000 1,000,000 December 2020 Accounts Receivable Securitization Facility 1.33% 200,000 195,163 March 2017 Other International Debt Various 9,582 8,094 Various 3,246,386 2,506,981 Less long-term debt issuance cost 20,637 21,450 Less current maturities 262,325 252,819 $ 2,963,424 $ 2,232,712

Accumulated Other Comprehensi25

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Apr. 02, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The components of Accumulated other comprehensive loss (“AOCI”) are as follows: Cumulative Translation Adjustment Hedges Defined Benefit Plans Income Taxes Accumulated Other Comprehensive Loss Balance at January 2, 2016 $ (57,675 ) $ 6,743 $ (563,759 ) $ 219,758 $ (394,933 ) Amounts reclassified from accumulated other comprehensive loss — (2,324 ) 4,205 (732 ) 1,149 Current-period other comprehensive income (loss) activity 12,474 (5,578 ) — 2,171 9,067 Balance at April 2, 2016 $ (45,201 ) $ (1,159 ) $ (559,554 ) $ 221,197 $ (384,717 )
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 Quarter Ended April 2, April 4, Gain (loss) on foreign exchange contracts Cost of sales $ 2,324 $ 835 Income tax (904 ) (507 ) Net of tax 1,420 328 Amortization of deferred actuarial loss and prior service cost Selling, general and administrative (4,205 ) (2,770 ) Income tax 1,636 1,200 Net of tax (2,569 ) (1,570 ) Total reclassifications $ (1,149 ) $ (1,242 )

Financial Instruments and Ris26

Financial Instruments and Risk Management (Tables)	3 Months Ended
	Apr. 02, 2016
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 April 2, January 2, Hedges Other current assets $ 131 $ 3,700 Non-hedges Other current assets 339 1,514 Total derivative assets 470 5,214 Hedges Accrued liabilities (3,728 ) (330 ) Non-hedges Accrued liabilities (1,297 ) (775 ) Total derivative liabilities (5,025 ) (1,105 ) Net derivative asset (liability) $ (4,555 ) $ 4,109
Effect of Cash Flow Hedge Derivative Instruments	The effect of cash flow hedge derivative instruments on the Condensed Consolidated Statements of AOCI and Income is as follows: Amount of Gain (Loss) Quarter Ended April 2, April 4, Foreign exchange contracts $ (5,578 ) $ 11,185 Location of Amount of Gain Quarter Ended April 2, April 4, Foreign exchange contracts Cost of sales $ 2,324 $ 835
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) Quarter Ended April 2, April 4, Foreign exchange contracts Selling, general and administrative expenses $ (2,408 ) $ 3,470

Fair Value of Assets and Liab27

Fair Value of Assets and Liabilities (Tables)	3 Months Ended
	Apr. 02, 2016
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 $ — $ 470 $ — Foreign exchange derivative contracts — (5,025 ) — — (4,555 ) — Deferred compensation plan liability — (36,015 ) — Total $ — $ (40,570 ) $ — Assets (Liabilities) at Fair Value as of Quoted Prices In Significant Significant Foreign exchange derivative contracts $ — $ 5,214 $ — Foreign exchange derivative contracts — (1,105 ) — — 4,109 — Deferred compensation plan liability — (36,257 ) — Total $ — $ (32,148 ) $ —

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Apr. 02, 2016
Text Block [Abstract]
Net Sales	Quarter Ended April 2, April 4, Net sales: Innerwear $ 560,726 $ 553,604 Activewear 309,525 301,010 Direct to Consumer 69,802 71,157 International 279,087 283,150 Total net sales $ 1,219,140 $ 1,208,921
Segment Operating Profit	Quarter Ended April 2, April 4, Segment operating profit: Innerwear $ 117,972 $ 116,063 Activewear 32,569 31,170 Direct to Consumer (3,022 ) (4,530 ) International 24,719 21,495 Total segment operating profit 172,238 164,198 Items not included in segment operating profit: General corporate expenses (21,435 ) (26,244 ) Acquisition, integration and other action related charges (24,669 ) (43,228 ) Amortization of intangibles (3,729 ) (4,795 ) Total operating profit 122,405 89,931 Other expenses (649 ) (382 ) Interest expense, net (31,566 ) (26,887 ) Income before income tax expense $ 90,190 $ 62,662

Consolidating Financial Infor29

Consolidating Financial Information (Tables)	3 Months Ended
	Apr. 02, 2016
Text Block [Abstract]
Condensed Consolidating Statement of Income (Loss)	Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 876,884 $ 178,588 $ 865,234 $ (701,566 ) $ 1,219,140 Cost of sales 649,945 92,022 638,057 (618,140 ) 761,884 Gross profit 226,939 86,566 227,177 (83,426 ) 457,256 Selling, general and administrative expenses 189,432 44,619 103,279 (2,479 ) 334,851 Operating profit 37,507 41,947 123,898 (80,947 ) 122,405 Equity in earnings of subsidiaries 96,432 101,331 — (197,763 ) — Other expenses 649 — — — 649 Interest expense, net 27,088 1 4,527 (50 ) 31,566 Income before income tax expense 106,202 143,277 119,371 (278,660 ) 90,190 Income tax expense 25,933 (24,465 ) 8,453 — 9,921 Net income $ 80,269 $ 167,742 $ 110,918 $ (278,660 ) $ 80,269 Comprehensive income $ 90,485 $ 167,742 $ 118,621 $ (286,363 ) $ 90,485 Condensed Consolidating Statement of Comprehensive Income Parent Guarantor Non-Guarantor Consolidating Consolidated Net sales $ 951,090 $ 153,174 $ 792,012 $ (687,355 ) $ 1,208,921 Cost of sales 772,889 74,310 600,410 (684,919 ) 762,690 Gross profit 178,201 78,864 191,602 (2,436 ) 446,231 Selling, general and administrative expenses 224,682 52,864 80,454 (1,700 ) 356,300 Operating profit (46,481 ) 26,000 111,148 (736 ) 89,931 Equity in earnings of subsidiaries 131,166 108,170 — (239,336 ) — Other expenses 382 — — — 382 Interest expense, net 19,123 (4 ) 7,782 (14 ) 26,887 Income before income tax expense 65,180 134,174 103,366 (240,058 ) 62,662 Income tax expense 12,544 (11,090 ) 8,572 — 10,026 Net income $ 52,636 $ 145,264 $ 94,794 $ (240,058 ) $ 52,636 Comprehensive income $ 57,479 $ 145,264 $ 90,404 $ (235,668 ) $ 57,479
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 20,955 $ 5,826 $ 305,641 $ — $ 332,422 Trade accounts receivable, net 95,789 67,911 559,680 (1,277 ) 722,103 Inventories 1,302,946 167,467 692,236 (192,777 ) 1,969,872 Other current assets 35,966 9,933 47,384 — 93,283 Total current assets 1,455,656 251,137 1,604,941 (194,054 ) 3,117,680 Property, net 96,408 42,950 512,768 — 652,126 Trademarks and other identifiable intangibles, net 6,132 130,161 575,657 — 711,950 Goodwill 232,882 238,635 367,467 — 838,984 Investments in subsidiaries 4,681,675 2,335,565 — (7,017,240 ) — Deferred tax assets 365,965 75,999 10,745 — 452,709 Receivables from related entities 5,497,304 5,251,814 2,536,205 (13,285,323 ) — Other noncurrent assets 38,569 317 9,726 — 48,612 Total assets $ 12,374,591 $ 8,326,578 $ 5,617,509 $ (20,496,617 ) $ 5,822,061 Liabilities and Stockholders’ Accounts payable $ 189,512 $ 25,815 $ 315,109 $ — $ 530,436 Accrued liabilities 169,252 24,978 266,546 (262 ) 460,514 Notes payable — — 115,237 — 115,237 Accounts Receivable Securitization Facility — — 200,000 — 200,000 Current portion of long-term debt 58,625 — 3,700 — 62,325 Total current liabilities 417,389 50,793 900,592 (262 ) 1,368,512 Long-term debt 2,841,461 — 121,963 — 2,963,424 Pension and postretirement benefits 265,495 — 57,091 — 322,586 Payables to related entities 7,803,803 3,822,944 1,658,576 (13,285,323 ) — Other noncurrent liabilities 94,402 11,777 109,319 — 215,498 Total liabilities 11,422,550 3,885,514 2,847,541 (13,285,585 ) 4,870,020 Stockholders’ equity 952,041 4,441,064 2,769,968 (7,211,032 ) 952,041 Total liabilities and stockholders’ equity $ 12,374,591 $ 8,326,578 $ 5,617,509 $ (20,496,617 ) $ 5,822,061 Condensed Consolidating Balance Sheet Parent Guarantor Non-Guarantor Consolidating Consolidated Assets Cash and cash equivalents $ 6,348 $ 7,683 $ 305,138 $ — $ 319,169 Trade accounts receivable, net 92,287 68,710 520,697 (1,277 ) 680,417 Inventories 1,123,320 145,533 656,714 (110,965 ) 1,814,602 Other current assets 32,793 10,775 57,331 2,780 103,679 Total current assets 1,254,748 232,701 1,539,880 (109,462 ) 2,917,867 Property, net 96,223 42,619 511,620 — 650,462 Trademarks and other identifiable intangibles, net 4,166 130,296 566,053 — 700,515 Goodwill 232,882 242,186 359,247 — 834,315 Investments in subsidiaries 4,595,424 2,229,254 — (6,824,678 ) — Deferred tax assets 362,414 72,448 10,317 — 445,179 Receivables from related entities 5,145,108 5,099,420 2,366,888 (12,611,416 ) — Other noncurrent assets 38,938 319 9,995 — 49,252 Total assets $ 11,729,903 $ 8,049,243 $ 5,364,000 $ (19,545,556 ) $ 5,597,590 Liabilities and Stockholders’ Accounts payable $ 248,114 $ 21,733 $ 403,125 $ — $ 672,972 Accrued liabilities 168,440 51,766 240,528 (401 ) 460,333 Notes payable — — 117,785 — 117,785 Accounts Receivable Securitization Facility — — 195,163 — 195,163 Current portion of long-term debt 54,094 — 3,562 — 57,656 Total current liabilities 470,648 73,499 960,163 (401 ) 1,503,909 Long-term debt 2,115,081 — 117,631 — 2,232,712 Pension and postretirement benefits 307,738 — 54,528 — 362,266 Payables to related entities 7,462,706 3,691,969 1,456,741 (12,611,416 ) — Other noncurrent liabilities 97,839 11,659 113,314 — 222,812 Total liabilities 10,454,012 3,777,127 2,702,377 (12,611,817 ) 4,321,699 Stockholders’ equity 1,275,891 4,272,116 2,661,623 (6,933,739 ) 1,275,891 Total liabilities and stockholders’ equity $ 11,729,903 $ 8,049,243 $ 5,364,000 $ (19,545,556 ) $ 5,597,590 Condensed Consolidating Statement of Cash Flows Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (173,346 ) $ 107,704 $ (26,118 ) $ (193,046 ) $ (284,806 ) Investing activities: Purchases of property, plant and equipment (9,008 ) (4,446 ) (14,405 ) — (27,859 ) Proceeds from sales of assets 15,338 — (52 ) — 15,286 Acquisition of business, net of cash acquired — — (7,062 ) — (7,062 ) Net cash from investing activities 6,330 (4,446 ) (21,519 ) — (19,635 ) Financing activities: Borrowings on notes payable — — 368,778 — 368,778 Repayments on notes payable — — (367,016 ) — (367,016 ) Borrowings on Accounts Receivable Securitization Facility — — 53,261 — 53,261 Repayments on Accounts Receivable Securitization Facility — — (48,424 ) — (48,424 ) Borrowings on Revolving Loan Facility 1,471,500 — — — 1,471,500 Repayments on Revolving Loan Facility (732,500 ) — — — (732,500 ) Repayments on Term Loan A Facility (9,063 ) — — — (9,063 ) Repayments on Term Loan B Facility (1,063 ) — — — (1,063 ) Borrowings on International Debt — — 2,895 — 2,895 Repayments on International Debt — — (1,728 ) — (1,728 ) Cash dividends paid (42,683 ) — — — (42,683 ) Share repurchases (379,901 ) — — — (379,901 ) Taxes paid related to net shares settlement of equity awards (837 ) — — — (837 ) Excess tax benefit from stock-based compensation 924 — — — 924 Debt issuance costs and other 980 — (439 ) — 541 Net transactions with related entities (125,734 ) (105,115 ) 37,803 193,046 — Net cash from financing activities 181,623 (105,115 ) 45,130 193,046 314,684 Effect of changes in foreign exchange rates on cash — — 3,010 — 3,010 Change in cash and cash equivalents 14,607 (1,857 ) 503 — 13,253 Cash and cash equivalents at beginning of year 6,348 7,683 305,138 — 319,169 Cash and cash equivalents at end of period $ 20,955 $ 5,826 $ 305,641 $ — $ 332,422
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (173,346 ) $ 107,704 $ (26,118 ) $ (193,046 ) $ (284,806 ) Investing activities: Purchases of property, plant and equipment (9,008 ) (4,446 ) (14,405 ) — (27,859 ) Proceeds from sales of assets 15,338 — (52 ) — 15,286 Acquisition of business, net of cash acquired — — (7,062 ) — (7,062 ) Net cash from investing activities 6,330 (4,446 ) (21,519 ) — (19,635 ) Financing activities: Borrowings on notes payable — — 368,778 — 368,778 Repayments on notes payable — — (367,016 ) — (367,016 ) Borrowings on Accounts Receivable Securitization Facility — — 53,261 — 53,261 Repayments on Accounts Receivable Securitization Facility — — (48,424 ) — (48,424 ) Borrowings on Revolving Loan Facility 1,471,500 — — — 1,471,500 Repayments on Revolving Loan Facility (732,500 ) — — — (732,500 ) Repayments on Term Loan A Facility (9,063 ) — — — (9,063 ) Repayments on Term Loan B Facility (1,063 ) — — — (1,063 ) Borrowings on International Debt — — 2,895 — 2,895 Repayments on International Debt — — (1,728 ) — (1,728 ) Cash dividends paid (42,683 ) — — — (42,683 ) Share repurchases (379,901 ) — — — (379,901 ) Taxes paid related to net shares settlement of equity awards (837 ) — — — (837 ) Excess tax benefit from stock-based compensation 924 — — — 924 Debt issuance costs and other 980 — (439 ) — 541 Net transactions with related entities (125,734 ) (105,115 ) 37,803 193,046 — Net cash from financing activities 181,623 (105,115 ) 45,130 193,046 314,684 Effect of changes in foreign exchange rates on cash — — 3,010 — 3,010 Change in cash and cash equivalents 14,607 (1,857 ) 503 — 13,253 Cash and cash equivalents at beginning of year 6,348 7,683 305,138 — 319,169 Cash and cash equivalents at end of period $ 20,955 $ 5,826 $ 305,641 $ — $ 332,422 Condensed Consolidating Statement of Cash Flow Parent Guarantor Non-Guarantor Consolidating Consolidated Net cash from operating activities $ (115,241 ) $ 68,660 $ (391,119 ) $ 178,355 $ (259,345 ) Investing activities: Purchases of property, plant and equipment (8,864 ) (3,796 ) (23,708 ) — (36,368 ) Proceeds from sales of assets — 4,322 413 — 4,735 Net cash from investing activities (8,864 ) 526 (23,295 ) — (31,633 ) Financing activities: Borrowings on notes payable — — 43,828 — 43,828 Repayments on notes payable — — (61,137 ) — (61,137 ) Borrowings on Accounts Receivable Securitization Facility — — 79,039 — 79,039 Repayments on Accounts Receivable Securitization Facility — — (90,393 ) — (90,393 ) Borrowings on Revolving Loan Facility 1,327,500 — — — 1,327,500 Repayments on Revolving Loan Facility (921,000 ) — — — (921,000 ) Cash dividends paid (40,083 ) — — — (40,083 ) Repayments on Euro Term Loan Facility — — (974 ) — (974 ) Borrowings on International Debt — — 3,352 — 3,352 Repayments on International Debt — — (1,913 ) — (1,913 ) Taxes paid related to net shares settlement of equity awards (17,982 ) — — — (17,982 ) Excess tax benefit from stock-based compensation 12,833 — — — 12,833 Other 1,183 — (493 ) (6 ) 684 Net transactions with related entities (245,013 ) (67,871 ) 491,233 (178,349 ) — Net cash from financing activities 117,438 (67,871 ) 462,542 (178,355 ) 333,754 Effect of changes in foreign exchange rates on cash — — (5,564 ) — (5,564 ) Change in cash and cash equivalents (6,667 ) 1,315 42,564 — 37,212 Cash and cash equivalents at beginning of year 10,910 10,796 218,149 — 239,855 Cash and cash equivalents at end of period $ 4,243 $ 12,111 $ 260,713 $ — $ 277,067

Acquisitions Narrative (Details

Acquisitions Narrative (Details) - Knights Apparel - USD ($) $ in Thousands	Apr. 06, 2015	Apr. 02, 2016
Business Acquisition [Line Items]
Payments to acquire businesses	$ 192,888
Deferred Taxes [Member]
Business Acquisition [Line Items]
Goodwill, Purchase Accounting Adjustments		$ 3,551

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Thousands	Apr. 02, 2016	Jan. 02, 2016	Apr. 06, 2015
Business Acquisition [Line Items]
Goodwill	$ 838,984	$ 834,315
Knights Apparel
Business Acquisition [Line Items]
Cash and cash equivalents			$ 59
Trade accounts receivable			14,879
Inventories			22,820
Deferred tax assets and other			5,741
Trademarks and other identifiable intangibles			59,950
Total assets acquired			103,449
Accounts payable, accrued liabilities and other			6,807
Deferred tax liabilities and other noncurrent liabilities			18,142
Total liabilities assumed			24,949
Net assets acquired			78,500
Goodwill			114,388
Purchase price			$ 192,888

Stockholders' Equity (Reconcili

Stockholders' Equity (Reconciliation of basic to diluted weighted average shares) (Detail) - shares shares in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Disclosure Reconciliation Of Basic To Diluted Weighted Average Shares [Abstract]
Basic weighted average shares outstanding	386,598	403,578
Effect of potentially dilutive securities:
Stock options	1,400	3,166
Restricted stock units	1,040	1,498
Employee stock purchase plan and other	5	18
Diluted weighted average shares outstanding	389,043	408,260

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015	Dec. 31, 2007
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares authorized to be repurchased			40,000
Stock repurchased during period, shares	14,243
Shares acquired weighted average cost per share	$ 26.65
Stock repurchased during period, value	$ 379,901
Remaining number of shares authorized to be repurchased	2,261
Dividends per share, cash paid	$ 0.11	$ 0.10
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
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

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Apr. 02, 2016	Jan. 02, 2016
Inventory Disclosure [Abstract]
Raw materials	$ 162,016	$ 173,336
Work in process	219,833	200,836
Finished goods	1,588,023	1,440,430
Total Inventories	$ 1,969,872	$ 1,814,602

Debt (Detail)

Debt (Detail) - USD ($) $ in Thousands	Apr. 02, 2016	Jan. 02, 2016	Nov. 09, 2010
Debt Instrument [Line Items]
Principal Amount	$ 3,246,386	$ 2,506,981
Unamortized Debt Issuance Expense	20,637	21,450
Long-term Debt, Current Maturities	262,325	252,819
Long-term debt	$ 2,963,424	2,232,712
Revolving Loan Facility
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	1.99%
Principal Amount	$ 802,500	63,500
Euro Term Loan
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	3.50%
Principal Amount	$ 117,304	113,098
Term Loan A
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	1.90%
Principal Amount	$ 696,250	705,313
Term Loan B
Debt Instrument [Line Items]
Interest Rate as of April 4, 2015	3.25%
Principal Amount	$ 420,750	421,813
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	1.33%
Principal Amount	$ 200,000	195,163
Other International Debt
Debt Instrument [Line Items]
Principal Amount	$ 9,582	$ 8,094

Debt (Additional Information) (

Debt (Additional Information) (Detail) - Revolving Loan Facility $ in Thousands	Apr. 02, 2016USD ($)
Debt Instrument [Line Items]
Remaining capacity under senior secured credit facility	$ 182,005
Maximum borrowing capacity under revolving credit facility	1,000,000
Trade letters of credit issued	$ 15,495

(Accumulated Other Comprehensiv

(Accumulated Other Comprehensive Income (Loss) Rollforward) (Details) $ in Thousands	3 Months Ended
	Apr. 02, 2016USD ($)
Accumulated Other Comprehensive Income (Loss), Tax [Roll Forward]
Balance at January 2, 2016, tax	$ 219,758
Amounts reclassified from accumulated other comprehensive loss, tax	(732)
Current-period other comprehensive income (loss) activity, tax	2,171
Balance at April 2, 2016, tax	221,197
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Balance at January 2, 2016, net of tax	(394,933)
Amounts reclassified from accumulated other comprehensive loss, net of tax	1,149
Current-period other comprehensive income (loss) activity, net of tax	9,067
Balance at April 2, 2016, net of tax	(384,717)
Cumulative translation adjustment
Accumulated Other Comprehensive Income (Loss), Before Tax [Roll Forward]
Balance at January 2, 2016, before tax	(57,675)
Amounts reclassified from accumulated other comprehensive loss, before tax	0
Current-period other comprehensive income (loss) activity, before tax	12,474
Balance at April 2, 2016, before tax	(45,201)
Foreign exchange contracts
Accumulated Other Comprehensive Income (Loss), Before Tax [Roll Forward]
Balance at January 2, 2016, before tax	6,743
Amounts reclassified from accumulated other comprehensive loss, before tax	(2,324)
Current-period other comprehensive income (loss) activity, before tax	(5,578)
Balance at April 2, 2016, before tax	(1,159)
Defined benefit plans
Accumulated Other Comprehensive Income (Loss), Before Tax [Roll Forward]
Balance at January 2, 2016, before tax	(563,759)
Amounts reclassified from accumulated other comprehensive loss, before tax	4,205
Current-period other comprehensive income (loss) activity, before tax	0
Balance at April 2, 2016, before tax	$ (559,554)

Accumulated Other Comprehensi38

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense (benefit)	$ (9,921)	$ (10,026)
Selling, general and administrative expenses	(334,851)	(356,300)
Net income	80,269	52,636
Reclassification out of Accumulated Other Comprehensive Income
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net income	(1,149)	(1,242)
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]
Income tax expense (benefit)	1,636	1,200
Selling, general and administrative expenses	(4,205)	(2,770)
Net income	(2,569)	(1,570)
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]
Income tax expense (benefit)	(904)	(507)
Net income	1,420	328
Cost of Sales [Member] | Foreign Exchange Contract
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 2,324	$ 835

Financial Instruments and Ris39

Financial Instruments and Risk Management (Additional Information) (Detail) $ in Thousands	3 Months Ended
	Apr. 02, 2016USD ($)
Derivative [Line Items]
Amount expected to be reclassified into earnings	$ 65
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	229,472
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	$ 2,614

Financial Instruments and Ris40

Financial Instruments and Risk Management (Fair Values of Derivative Instruments) (Detail) - USD ($) $ in Thousands	Apr. 02, 2016	Jan. 02, 2016
Derivatives, Fair Value [Line Items]
Fair value of assets and liabilities	$ (4,555)	$ 4,109
Other current assets
Derivatives, Fair Value [Line Items]
Total derivative assets	470	5,214
Other current assets | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total derivative assets	131	3,700
Other current assets | Non-hedges
Derivatives, Fair Value [Line Items]
Total derivative assets	339	1,514
Accrued liabilities
Derivatives, Fair Value [Line Items]
Total derivative liabilities	(5,025)	(1,105)
Accrued liabilities | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total derivative liabilities	(3,728)	(330)
Accrued liabilities | Non-hedges
Derivatives, Fair Value [Line Items]
Total derivative liabilities	$ (1,297)	$ (775)

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
	Apr. 02, 2016	Apr. 04, 2015
Derivatives, Fair Value [Line Items]
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Loss (Effective Portion)	$ (5,578)	$ 11,185
Cost of Sales [Member]
Derivatives, Fair Value [Line Items]
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	$ 2,324	$ 835

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
	Apr. 02, 2016	Apr. 04, 2015
Foreign Exchange Contract | Selling, General and Administrative Expenses [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amounts of Gain Recognized in Income	$ (2,408)	$ 3,470

Fair Value of Assets and Liab43

Fair Value of Assets and Liabilities (Additional Information) (Detail) - USD ($) $ in Thousands	Apr. 02, 2016	Jan. 02, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Allowance for Doubtful Accounts Receivable, Current	$ 14,696	$ 13,100
Carrying value of debt	3,246,386	2,506,981
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of debt	$ 3,285,216	$ 2,537,640

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	Apr. 02, 2016	Jan. 02, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets and liabilities	$ (4,555)	$ 4,109
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	(4,555)	4,109
Deferred Compensation Plan, Fair Value of Plan Liability	(36,015)	(36,257)
Net Effect Of Financial Asset Less Financial Liability	(40,570)	(32,148)
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	470	5,214
Total derivative liabilities	(5,025)	(1,105)
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
	Apr. 02, 2016	Apr. 04, 2015
Income Tax Disclosure [Abstract]
Effective Income Tax Rate, Percent	11.00%	16.00%

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event Type [Member] - Champion Europe [Member] € in Millions	Apr. 07, 2016	Dec. 31, 2016EUR (€)
Subsequent Event [Line Items]
Purchase Price, EBITDA Multiple	10
Scenario, Forecast [Member]
Subsequent Event [Line Items]
Earnings before Income Taxes, Depreciation and Amortization		€ 20

Business Segment Information (D

Business Segment Information (Detail) $ in Thousands	3 Months Ended
	Apr. 02, 2016USD ($)segment	Apr. 04, 2015USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment	4
Net sales:
Net sales	$ 1,219,140	$ 1,208,921
Segment operating profit:
Total operating profit	122,405	89,931
General corporate expenses	(21,435)	(26,244)
Amortization of intangibles	(3,729)	(4,795)
Acquisition, integration and other action related charges	(24,669)	(43,228)
Other expenses	(649)	(382)
Interest expense, net	(31,566)	(26,887)
Income before income tax expense	90,190	62,662
Other Employee Related Liabilities	50,269
Innerwear
Net sales:
Net sales	560,726	553,604
Segment operating profit:
Total operating profit	117,972	116,063
Activewear
Net sales:
Net sales	309,525	301,010
Segment operating profit:
Total operating profit	32,569	31,170
Direct to Consumer
Net sales:
Net sales	69,802	71,157
Segment operating profit:
Total operating profit	(3,022)	(4,530)
International
Net sales:
Net sales	279,087	283,150
Segment operating profit:
Total operating profit	24,719	21,495
Total segment operating profit
Segment operating profit:
Total operating profit	172,238	164,198
Cost of Sales [Member]
Segment operating profit:
Acquisition, integration and other action related charges	(4,869)	(14,068)
Selling, General and Administrative Expenses [Member]
Segment operating profit:
Acquisition, integration and other action related charges	(19,800)	$ (29,160)
Accrued liabilities
Segment operating profit:
Other Employee Related Liabilities	30,596
Other Noncurrent Liabilities
Segment operating profit:
Other Employee Related Liabilities	$ 19,673

Consolidating Financial Infor48

Consolidating Financial Information (Additional Information) (Detail) - USD ($)	Apr. 02, 2016	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 Infor49

Consolidating Financial Information (Condensed Consolidating Statement of Income (Loss)) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 1,219,140	$ 1,208,921
Cost of sales	761,884	762,690
Gross profit	457,256	446,231
Selling, general and administrative expenses	334,851	356,300
Operating profit	122,405	89,931
Equity in earnings of subsidiaries	0	0
Other expenses	649	382
Interest expense, net	31,566	26,887
Income before income tax expense	90,190	62,662
Income tax expense	9,921	10,026
Net income	80,269	52,636
Comprehensive income	90,485	57,479
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net sales	876,884	951,090
Cost of sales	649,945	772,889
Gross profit	226,939	178,201
Selling, general and administrative expenses	189,432	224,682
Operating profit	37,507	(46,481)
Equity in earnings of subsidiaries	96,432	131,166
Other expenses	649	382
Interest expense, net	27,088	19,123
Income before income tax expense	106,202	65,180
Income tax expense	25,933	12,544
Net income	80,269	52,636
Comprehensive income	90,485	57,479
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	178,588	153,174
Cost of sales	92,022	74,310
Gross profit	86,566	78,864
Selling, general and administrative expenses	44,619	52,864
Operating profit	41,947	26,000
Equity in earnings of subsidiaries	101,331	108,170
Other expenses	0	0
Interest expense, net	1	(4)
Income before income tax expense	143,277	134,174
Income tax expense	(24,465)	(11,090)
Net income	167,742	145,264
Comprehensive income	167,742	145,264
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net sales	865,234	792,012
Cost of sales	638,057	600,410
Gross profit	227,177	191,602
Selling, general and administrative expenses	103,279	80,454
Operating profit	123,898	111,148
Equity in earnings of subsidiaries	0	0
Other expenses	0	0
Interest expense, net	4,527	7,782
Income before income tax expense	119,371	103,366
Income tax expense	8,453	8,572
Net income	110,918	94,794
Comprehensive income	118,621	90,404
Consolidating Entries and Eliminations
Condensed Financial Statements, Captions [Line Items]
Net sales	(701,566)	(687,355)
Cost of sales	(618,140)	(684,919)
Gross profit	(83,426)	(2,436)
Selling, general and administrative expenses	(2,479)	(1,700)
Operating profit	(80,947)	(736)
Equity in earnings of subsidiaries	(197,763)	(239,336)
Other expenses	0	0
Interest expense, net	(50)	(14)
Income before income tax expense	(278,660)	(240,058)
Income tax expense	0	0
Net income	(278,660)	(240,058)
Comprehensive income	$ (286,363)	$ (235,668)

Consolidating Financial Infor50

Consolidating Financial Information (Condensed Consolidating Balance Sheet) (Detail) - USD ($) $ in Thousands	Apr. 02, 2016	Jan. 02, 2016	Apr. 04, 2015	Jan. 03, 2015	Dec. 28, 2013
Assets
Cash and cash equivalents	$ 332,422	$ 319,169	$ 277,067	$ 239,855	$ 239,855
Trade accounts receivable, net	722,103	680,417
Inventories	1,969,872	1,814,602
Other current assets	93,283	103,679
Total current assets	3,117,680	2,917,867
Property, net	652,126	650,462
Trademarks and other identifiable intangibles, net	711,950	700,515
Goodwill	838,984	834,315
Investments in subsidiaries	0	0
Deferred tax assets	452,709	445,179
Receivables from related entities	0	0
Other noncurrent assets	48,612	49,252
Total assets	5,822,061	5,597,590
Liabilities and Stockholders’ Equity
Accounts payable	530,436	672,972
Accrued liabilities	460,514	460,333
Notes payable	115,237	117,785
Accounts Receivable Securitization Facility	200,000	195,163
Current portion of long-term debt	62,325	57,656
Total current liabilities	1,368,512	1,503,909
Long-term debt	2,963,424	2,232,712
Pension and postretirement benefits	322,586	362,266
Payables to related entities	0	0
Other noncurrent liabilities	215,498	222,812
Total liabilities	4,870,020	4,321,699
Stockholders’ equity	952,041	1,275,891
Total liabilities and stockholders’ equity	5,822,061	5,597,590
Parent Company
Assets
Cash and cash equivalents	20,955	6,348	4,243		10,910
Trade accounts receivable, net	95,789	92,287
Inventories	1,302,946	1,123,320
Other current assets	35,966	32,793
Total current assets	1,455,656	1,254,748
Property, net	96,408	96,223
Trademarks and other identifiable intangibles, net	6,132	4,166
Goodwill	232,882	232,882
Investments in subsidiaries	4,681,675	4,595,424
Deferred tax assets	365,965	362,414
Receivables from related entities	5,497,304	5,145,108
Other noncurrent assets	38,569	38,938
Total assets	12,374,591	11,729,903
Liabilities and Stockholders’ Equity
Accounts payable	189,512	248,114
Accrued liabilities	169,252	168,440
Notes payable	0	0
Accounts Receivable Securitization Facility	0	0
Current portion of long-term debt	58,625	54,094
Total current liabilities	417,389	470,648
Long-term debt	2,841,461	2,115,081
Pension and postretirement benefits	265,495	307,738
Payables to related entities	7,803,803	7,462,706
Other noncurrent liabilities	94,402	97,839
Total liabilities	11,422,550	10,454,012
Stockholders’ equity	952,041	1,275,891
Total liabilities and stockholders’ equity	12,374,591	11,729,903
Guarantor Subsidiaries
Assets
Cash and cash equivalents	5,826	7,683	12,111		10,796
Trade accounts receivable, net	67,911	68,710
Inventories	167,467	145,533
Other current assets	9,933	10,775
Total current assets	251,137	232,701
Property, net	42,950	42,619
Trademarks and other identifiable intangibles, net	130,161	130,296
Goodwill	238,635	242,186
Investments in subsidiaries	2,335,565	2,229,254
Deferred tax assets	75,999	72,448
Receivables from related entities	5,251,814	5,099,420
Other noncurrent assets	317	319
Total assets	8,326,578	8,049,243
Liabilities and Stockholders’ Equity
Accounts payable	25,815	21,733
Accrued liabilities	24,978	51,766
Notes payable	0	0
Accounts Receivable Securitization Facility	0	0
Current portion of long-term debt	0	0
Total current liabilities	50,793	73,499
Long-term debt	0	0
Pension and postretirement benefits	0	0
Payables to related entities	3,822,944	3,691,969
Other noncurrent liabilities	11,777	11,659
Total liabilities	3,885,514	3,777,127
Stockholders’ equity	4,441,064	4,272,116
Total liabilities and stockholders’ equity	8,326,578	8,049,243
Non-Guarantor Subsidiaries
Assets
Cash and cash equivalents	305,641	305,138	260,713		218,149
Trade accounts receivable, net	559,680	520,697
Inventories	692,236	656,714
Other current assets	47,384	57,331
Total current assets	1,604,941	1,539,880
Property, net	512,768	511,620
Trademarks and other identifiable intangibles, net	575,657	566,053
Goodwill	367,467	359,247
Investments in subsidiaries	0	0
Deferred tax assets	10,745	10,317
Receivables from related entities	2,536,205	2,366,888
Other noncurrent assets	9,726	9,995
Total assets	5,617,509	5,364,000
Liabilities and Stockholders’ Equity
Accounts payable	315,109	403,125
Accrued liabilities	266,546	240,528
Notes payable	115,237	117,785
Accounts Receivable Securitization Facility	200,000	195,163
Current portion of long-term debt	3,700	3,562
Total current liabilities	900,592	960,163
Long-term debt	121,963	117,631
Pension and postretirement benefits	57,091	54,528
Payables to related entities	1,658,576	1,456,741
Other noncurrent liabilities	109,319	113,314
Total liabilities	2,847,541	2,702,377
Stockholders’ equity	2,769,968	2,661,623
Total liabilities and stockholders’ equity	5,617,509	5,364,000
Consolidating Entries and Eliminations
Assets
Cash and cash equivalents	0	0	$ 0		$ 0
Trade accounts receivable, net	(1,277)	(1,277)
Inventories	(192,777)	(110,965)
Other current assets	0	2,780
Total current assets	(194,054)	(109,462)
Property, net	0	0
Trademarks and other identifiable intangibles, net	0	0
Goodwill	0	0
Investments in subsidiaries	(7,017,240)	(6,824,678)
Deferred tax assets	0	0
Receivables from related entities	(13,285,323)	(12,611,416)
Other noncurrent assets	0	0
Total assets	(20,496,617)	(19,545,556)
Liabilities and Stockholders’ Equity
Accounts payable	0	0
Accrued liabilities	(262)	(401)
Notes payable	0	0
Accounts Receivable Securitization Facility	0	0
Current portion of long-term debt	0	0
Total current liabilities	(262)	(401)
Long-term debt	0	0
Pension and postretirement benefits	0	0
Payables to related entities	(13,285,323)	(12,611,416)
Other noncurrent liabilities	0	0
Total liabilities	(13,285,585)	(12,611,817)
Stockholders’ equity	(7,211,032)	(6,933,739)
Total liabilities and stockholders’ equity	$ (20,496,617)	$ (19,545,556)

Consolidating Financial Infor51

Consolidating Financial Information (Condensed Consolidating Statement of Cash Flows) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Apr. 02, 2016	Apr. 04, 2015
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ (284,806)	$ (259,345)
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(27,859)	(36,368)
Proceeds from sales of assets	15,286	4,735
Acquisition of business, net of cash acquired	(7,062)	0
Net cash from investing activities	(19,635)	(31,633)
Financing activities:
Borrowings on notes payable	368,778	43,828
Repayments on notes payable	(367,016)	(61,137)
Borrowings on Accounts Receivable Securitization Facility	53,261	79,039
Repayments on Accounts Receivable Securitization Facility	(48,424)	(90,393)
Borrowings on Revolving Loan Facility	1,471,500	1,327,500
Repayments on Revolving Loan Facility	(732,500)	(921,000)
Repayments on Euro Term Loan Facility	0	(974)
Repayments on Term Loan A Facility	(9,063)	0
Repayments on Term Loan B Facility	(1,063)	0
Cash dividends paid	(42,683)	(40,083)
Borrowings on International Debt	2,895	3,352
Repayments on International Debt	(1,728)	(1,913)
Repayments of Other Debt		(974)
Share repurchases	(379,901)	0
Taxes paid related to net shares settlement of equity awards	(837)	(17,982)
Excess tax benefit from stock-based compensation	924	12,833
Debt issuance costs and other	541	684
Net transactions with related entities	0	0
Net cash from financing activities	314,684	333,754
Effect of changes in foreign exchange rates on cash	3,010	(5,564)
Change in cash and cash equivalents	13,253	37,212
Cash and cash equivalents at beginning of year	319,169	239,855
Cash and cash equivalents at end of period	332,422	277,067
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(173,346)	(115,241)
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(9,008)	(8,864)
Proceeds from sales of assets	15,338	0
Acquisition of business, net of cash acquired	0
Net cash from investing activities	6,330	(8,864)
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	1,471,500	1,327,500
Repayments on Revolving Loan Facility	(732,500)	(921,000)
Repayments on Term Loan A Facility	(9,063)
Repayments on Term Loan B Facility	(1,063)
Cash dividends paid	(42,683)	(40,083)
Borrowings on International Debt	0	0
Repayments on International Debt	0	0
Repayments of Other Debt		0
Share repurchases	(379,901)
Taxes paid related to net shares settlement of equity awards	(837)	(17,982)
Excess tax benefit from stock-based compensation	924	12,833
Debt issuance costs and other	980	1,183
Net transactions with related entities	(125,734)	(245,013)
Net cash from financing activities	181,623	117,438
Effect of changes in foreign exchange rates on cash	0	0
Change in cash and cash equivalents	14,607	(6,667)
Cash and cash equivalents at beginning of year	6,348
Cash and cash equivalents at end of period	20,955	4,243
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	107,704	68,660
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(4,446)	(3,796)
Proceeds from sales of assets	0	4,322
Acquisition of business, net of cash acquired	0
Net cash from investing activities	(4,446)	526
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 Term Loan A Facility	0
Repayments on Term Loan B Facility	0
Cash dividends paid	0	0
Borrowings on International Debt	0	0
Repayments on International Debt	0	0
Repayments of Other Debt		0
Share repurchases	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	(105,115)	(67,871)
Net cash from financing activities	(105,115)	(67,871)
Effect of changes in foreign exchange rates on cash	0	0
Change in cash and cash equivalents	(1,857)	1,315
Cash and cash equivalents at beginning of year	7,683
Cash and cash equivalents at end of period	5,826	12,111
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(26,118)	(391,119)
Investing activities:
Payments to Acquire Property, Plant, and Equipment	(14,405)	(23,708)
Proceeds from sales of assets	(52)	413
Acquisition of business, net of cash acquired	(7,062)
Net cash from investing activities	(21,519)	(23,295)
Financing activities:
Borrowings on notes payable	368,778	43,828
Repayments on notes payable	(367,016)	(61,137)
Borrowings on Accounts Receivable Securitization Facility	53,261	79,039
Repayments on Accounts Receivable Securitization Facility	(48,424)	(90,393)
Borrowings on Revolving Loan Facility	0	0
Repayments on Revolving Loan Facility	0	0
Repayments on Term Loan A Facility	0
Repayments on Term Loan B Facility	0
Cash dividends paid	0	0
Borrowings on International Debt	2,895	3,352
Repayments on International Debt	(1,728)	(1,913)
Repayments of Other Debt		(974)
Share repurchases	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	(439)	(493)
Net transactions with related entities	37,803	491,233
Net cash from financing activities	45,130	462,542
Effect of changes in foreign exchange rates on cash	3,010	(5,564)
Change in cash and cash equivalents	503	42,564
Cash and cash equivalents at beginning of year	305,138
Cash and cash equivalents at end of period	305,641	260,713
Consolidating Entries and Eliminations
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(193,046)	178,355
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 Term Loan A Facility	0
Repayments on Term Loan B Facility	0
Cash dividends paid	0	0
Borrowings on International Debt	0	0
Repayments on International Debt	0	0
Repayments of Other Debt		0
Share repurchases	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	(6)
Net transactions with related entities	193,046	(178,349)
Net cash from financing activities	193,046	(178,355)
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
Cash and cash equivalents at end of period	$ 0	$ 0