Concentrations |
12 Months Ended |
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Dec. 31, 2019 | |
Risks and Uncertainties [Abstract] | |
Concentrations |
NOTE 4—CONCENTRATIONS
Trade receivables
The Company had one customer that accounted for approximately 13.9% and 11.6% of Accounts receivable, net at December 31, 2019 and 2018, respectively. No single customer accounted for 10% or more of Net sales for any of the years ended December 31, 2019, 2018 or 2017.
Country and supplier concentrations
The majority of the Company's products are manufactured by contract manufacturers located outside the United States. The Company's apparel, accessories and equipment products are manufactured in 12 countries, with approximately 50% of these products produced in Vietnam and China. Five of the largest contract manufacturers account for approximately 30% of the Company's apparel, accessories and equipment production, with the largest manufacturer accounting for approximately 10%. The Company's footwear products are manufactured in three countries, with the majority of these products produced in Vietnam and China. Five of the largest contract manufacturers account for approximately 85% of the Company's footwear production, with the largest manufacturer accounting for approximately 45%.
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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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