Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

v3.8.0.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Information
The geographic distribution of the Company's net sales, income from operations, interest income (expense), income tax (expense) benefit, and depreciation and amortization expense are summarized in the following tables (in thousands) for the years ended December 31, 2017, 2016 and 2015 and for accounts receivable, net, inventories and property, plant and equipment, net, at December 31, 2017 and 2016.
 
 
2017
 
2016
 
2015
Net sales to unrelated entities:
 
 
 
 
 
 
United States
 
$
1,520,026

 
$
1,505,302

 
$
1,455,283

LAAP
 
475,128

 
453,686

 
469,140

EMEA
 
293,700

 
253,487

 
233,226

Canada
 
177,251

 
164,570

 
168,531

 
 
$
2,466,105

 
$
2,377,045

 
$
2,326,180

 
 
 
 
 
 
 
Segment income from operations:
 
 
 
 
 
 
United States
 
$
334,207

 
$
331,706

 
$
309,162

LAAP
 
73,748

 
61,994

 
65,846

EMEA
 
11,897

 
8,403

 
8,664

Canada
 
26,427

 
19,010

 
23,772

Total segment income from operations
 
446,279

 
421,113

 
407,444

Unallocated corporate expenses
 
(183,310
)
 
(164,605
)
 
(157,723
)
Interest income, net
 
4,515

 
2,003

 
1,531

Interest expense on note payable to related party
 
(429
)
 
(1,041
)
 
(1,099
)
Other non-operating expense
 
(321
)
 
(572
)
 
(2,834
)
Income before income tax
 
$
266,734

 
$
256,898

 
$
247,319

 
 
 
 
 
 
 
Interest income (expense), net:
 
 
 
 
 
 
United States
 
$
2,573

 
$
2,334

 
$
4,765

LAAP
 
289

 
(216
)
 
(555
)
EMEA
 
7,072

 
2,663

 
152

Canada
 
(5,419
)
 
(2,778
)
 
(2,831
)
 
 
$
4,515

 
$
2,003

 
$
1,531

 
 
 
 
 
 
 
Income tax (expense) benefit:
 
 
 
 
 
 
United States
 
$
(129,194
)
 
$
(45,584
)
 
$
(58,487
)
LAAP
 
(14,935
)
 
(12,345
)
 
(10,058
)
EMEA
 
(4,716
)
 
1,507

 
5,305

Canada
 
(5,574
)
 
(2,037
)
 
(4,228
)
 
 
$
(154,419
)
 
$
(58,459
)
 
$
(67,468
)
 
 
 
 
 
 
 
Depreciation and amortization expense:
 
 
 
 
 
 
United States
 
$
24,662

 
$
24,920

 
$
25,490

LAAP
 
6,495

 
6,392

 
5,437

EMEA
 
4,043

 
3,189

 
2,419

Canada
 
2,831

 
2,912

 
3,020

Unallocated corporate expense
 
21,914

 
22,603

 
20,155

 
 
$
59,945

 
$
60,016

 
$
56,521

 
 
 
 
 
 
 
Accounts receivable, net:
 
 
 
 
 
 
United States
 
$
180,742

 
$
162,017

 
 
LAAP
 
95,765

 
84,947

 
 
EMEA
 
42,659

 
42,195

 
 
Canada
 
45,696

 
44,519

 
 
 
 
$
364,862

 
$
333,678

 


 
 
 
 
 
 
 
Inventories:
 
 
 
 
 
 
United States
 
$
285,481

 
$
308,721

 
 
LAAP
 
84,149

 
95,033

 
 
EMEA
 
57,055

 
51,226

 
 
Canada
 
31,242

 
33,017

 
 
 
 
$
457,927

 
$
487,997

 


 
 
 
 
 
 
 
Property, plant and equipment, net:
 
 
 
 
 
 
United States
 
$
206,172

 
$
211,572

 
 
Canada
 
30,318

 
28,159

 
 
All other countries
 
44,904

 
39,919

 
 
 
 
$
281,394

 
$
279,650

 
 
 
 
 
 
 
 
 
Net sales by product category:
 
 
 
 
 
 
Apparel, accessories and equipment
 
$
1,927,957

 
$
1,865,449

 
$
1,821,182

Footwear
 
538,148

 
511,596

 
504,998

 
 
$
2,466,105

 
$
2,377,045

 
$
2,326,180