Annual report pursuant to Section 13 and 15(d)

Segment Information (Schedule of Segment Information) (Details)

v3.22.0.1
Segment Information (Schedule of Segment Information) (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
USD ($)
segment
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Segment Reporting [Abstract]      
Segment Information
NOTE 17 — SEGMENT INFORMATION

The Company has four reportable geographic segments: U.S., LAAP, EMEA, and Canada, which are reflective of the Company's internal organization, management and oversight structure. Each geographic segment operates predominantly in one industry: the design, development, marketing, and distribution of outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products. Intersegment net sales and intersegment profits, which are recorded at a negotiated mark-up and eliminated in consolidation, are not material. Unallocated corporate expenses consist of expenses incurred by centrally-managed departments, including global information services, finance, human resources and legal, as well as executive compensation, unallocated benefit program expense, trademark impairment charges, and other miscellaneous costs.
The following table presents financial information for the Company's reportable segments:

Year Ended December 31,
(in thousands)
 2021 2020 2019
Net sales to unrelated entities:
U.S. $ 2,060,300  $ 1,603,783  $ 1,943,007 
LAAP 465,499  424,489  529,282 
EMEA 382,060  298,907  367,072 
Canada 218,543  174,375  203,117 
$ 3,126,402  $ 2,501,554  $ 3,042,478 
Segment operating income:
U.S. $ 536,475  $ 250,485  $ 456,656 
LAAP 42,025  35,875  80,138 
EMEA 65,496  31,235  45,419 
Canada 52,731  37,620  39,576 
Total segment operating income 696,727  355,215  621,789 
Unallocated corporate expenses (246,223) (218,166) (226,818)
Interest income, net 1,380  435  8,302 
Other non-operating income (expense), net (373) 2,039  2,156 
Income before income tax $ 451,511  $ 139,523  $ 405,429 
Depreciation and amortization expense:
U.S. $ 21,098  $ 25,852  $ 23,388 
LAAP 5,733  5,756  5,956 
EMEA 3,423  3,739  4,036 
Canada 2,586  2,825  3,009 
Unallocated corporate expense 23,082  25,244  23,367 
$ 55,922  $ 63,416  $ 59,756 
Accounts receivable, net:
U.S. $ 265,731  $ 244,236 
LAAP 85,696  83,671 
EMEA 79,942  66,780 
Canada 56,434  58,258 
$ 487,803  $ 452,945 
Inventories, net:
U.S. $ 455,960  $ 362,061 
LAAP 77,620  94,448 
EMEA 65,263  60,124 
Canada 46,536  39,897 
$ 645,379  $ 556,530 
Property, plant and equipment, net:
U.S. $ 232,610  $ 245,690 
Canada 24,898  25,992 
All other countries 33,580  38,110 
$ 291,088  $ 309,792 
   
Schedule of Segment Information
The following table presents financial information for the Company's reportable segments:

Year Ended December 31,
(in thousands)
 2021 2020 2019
Net sales to unrelated entities:
U.S. $ 2,060,300  $ 1,603,783  $ 1,943,007 
LAAP 465,499  424,489  529,282 
EMEA 382,060  298,907  367,072 
Canada 218,543  174,375  203,117 
$ 3,126,402  $ 2,501,554  $ 3,042,478 
Segment operating income:
U.S. $ 536,475  $ 250,485  $ 456,656 
LAAP 42,025  35,875  80,138 
EMEA 65,496  31,235  45,419 
Canada 52,731  37,620  39,576 
Total segment operating income 696,727  355,215  621,789 
Unallocated corporate expenses (246,223) (218,166) (226,818)
Interest income, net 1,380  435  8,302 
Other non-operating income (expense), net (373) 2,039  2,156 
Income before income tax $ 451,511  $ 139,523  $ 405,429 
Depreciation and amortization expense:
U.S. $ 21,098  $ 25,852  $ 23,388 
LAAP 5,733  5,756  5,956 
EMEA 3,423  3,739  4,036 
Canada 2,586  2,825  3,009 
Unallocated corporate expense 23,082  25,244  23,367 
$ 55,922  $ 63,416  $ 59,756 
Accounts receivable, net:
U.S. $ 265,731  $ 244,236 
LAAP 85,696  83,671 
EMEA 79,942  66,780 
Canada 56,434  58,258 
$ 487,803  $ 452,945 
Inventories, net:
U.S. $ 455,960  $ 362,061 
LAAP 77,620  94,448 
EMEA 65,263  60,124 
Canada 46,536  39,897 
$ 645,379  $ 556,530 
Property, plant and equipment, net:
U.S. $ 232,610  $ 245,690 
Canada 24,898  25,992 
All other countries 33,580  38,110 
$ 291,088  $ 309,792 
   
Segment Reporting Information [Line Items]      
Number of reportable geographic segments | segment 4    
Revenue from Contract with Customer, Excluding Assessed Tax $ 3,126,402 $ 2,501,554 $ 3,042,478
Income (loss) from operations 450,504 137,049 394,971
Interest income (expense), net 1,380 435 8,302
Other Nonoperating Income (Expense) (373) 2,039 2,156
Income before income taxes 451,511 139,523 405,429
Income Tax Expense (Benefit) 97,403 31,510 74,940
Depreciation and amortization expense 55,922 63,416 59,756
Accounts Receivable, after Allowance for Credit Loss, Current 487,803 452,945  
Inventories 645,379 556,530  
Property, Plant and Equipment, Net 291,088 309,792  
Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 696,727 355,215 621,789
Corporate, Non-Segment      
Segment Reporting Information [Line Items]      
Unallocated corporate expense (246,223) (218,166) (226,818)
Depreciation and amortization expense 23,082 25,244 23,367
United States      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 2,060,300 1,603,783 1,943,007
Accounts Receivable, after Allowance for Credit Loss, Current 265,731 244,236  
Inventories 455,960 362,061  
United States | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 536,475 250,485 456,656
Depreciation and amortization expense 21,098 25,852 23,388
LAAP      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 465,499 424,489 529,282
Accounts Receivable, after Allowance for Credit Loss, Current 85,696 83,671  
Inventories 77,620 94,448  
LAAP | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 42,025 35,875 80,138
Depreciation and amortization expense 5,733 5,756 5,956
EMEA      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 382,060 298,907 367,072
Accounts Receivable, after Allowance for Credit Loss, Current 79,942 66,780  
Inventories 65,263 60,124  
EMEA | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 65,496 31,235 45,419
Depreciation and amortization expense 3,423 3,739 4,036
Canada      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 218,543 174,375 203,117
Accounts Receivable, after Allowance for Credit Loss, Current 56,434 58,258  
Inventories 46,536 39,897  
Canada | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 52,731 37,620 39,576
Depreciation and amortization expense 2,586 2,825 3,009
Apparel, Accessories and Equipment      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 2,389,154 1,867,619 2,341,162
Footwear      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 737,248 633,935 701,316
United States      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 2,060,300 1,603,783 1,943,007
Property, Plant and Equipment, Net 232,610 245,690  
United States | Apparel, Accessories and Equipment      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 1,624,542 1,231,835 1,562,487
United States | Footwear      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 435,758 371,948 380,520
Canada      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 218,543 174,375 203,117
Property, Plant and Equipment, Net 24,898 25,992  
Canada | Apparel, Accessories and Equipment      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 154,109 118,116 138,292
Canada | Footwear      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 64,434 56,259 $ 64,825
All Other Countries      
Segment Reporting Information [Line Items]      
Property, Plant and Equipment, Net $ 33,580 $ 38,110