Quarterly report pursuant to Section 13 or 15(d)

Revenues

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Revenues
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
NOTE 2 — REVENUES

DISAGGREGATED REVENUE

As disclosed below in Note 9, the Company has four geographic reportable segments: United States ("U.S."), Latin America and Asia Pacific ("LAAP"), Europe, Middle East and Africa ("EMEA") and Canada.

The following tables disaggregate the Company's reportable segment Net sales by product category and channel, which the Company believes provides a meaningful depiction of how the nature, timing, and uncertainty of Net sales are affected by economic factors:
Three Months Ended June 30, 2024
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 292,353  $ 73,538  $ 76,742  $ 21,307  $ 463,940 
Footwear 47,875  25,946  27,180  5,303  106,304 
Total $ 340,228  $ 99,484  $ 103,922  $ 26,610  $ 570,244 
Channel net sales
Wholesale $ 132,394  $ 47,414  $ 86,755  $ 11,821  $ 278,384 
Direct-to-consumer 207,834  52,070  17,167  14,789  291,860 
Total $ 340,228  $ 99,484  $ 103,922  $ 26,610  $ 570,244 

Three Months Ended June 30, 2023
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 325,525  $ 68,662  $ 72,271  $ 22,507  $ 488,965 
Footwear 73,584  24,667  28,583  5,134  131,968 
Total $ 399,109  $ 93,329  $ 100,854  $ 27,641  $ 620,933 
Channel net sales
Wholesale $ 185,352  $ 41,663  $ 87,634  $ 13,633  $ 328,282 
Direct-to-consumer 213,757  51,666  13,220  14,008  292,651 
Total $ 399,109  $ 93,329  $ 100,854  $ 27,641  $ 620,933 
Six Months Ended June 30, 2024
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 689,841  $ 181,501  $ 149,132  $ 62,520  $ 1,082,994 
Footwear 124,793  56,629  59,310  16,500  257,232 
Total $ 814,634  $ 238,130  $ 208,442  $ 79,020  $ 1,340,226 
Channel net sales
Wholesale $ 349,528  $ 114,445  $ 162,503  $ 42,805  $ 669,281 
Direct-to-consumer 465,106  123,685  45,939  36,215  670,945 
Total $ 814,634  $ 238,130  $ 208,442  $ 79,020  $ 1,340,226 

Six Months Ended June 30, 2023
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 741,453  $ 169,083  $ 144,228  $ 66,803  $ 1,121,567 
Footwear 175,131  60,659  64,915  19,254  319,959 
Total $ 916,584  $ 229,742  $ 209,143  $ 86,057  $ 1,441,526 
Channel net sales
Wholesale $ 444,702  $ 112,825  $ 172,212  $ 51,031  $ 780,770 
Direct-to-consumer 471,882  116,917  36,931  35,026  660,756 
Total $ 916,584  $ 229,742  $ 209,143  $ 86,057  $ 1,441,526 
PERFORMANCE OBLIGATIONS

For the three and six months ended June 30, 2024 and 2023, Net sales recognized from performance obligations related to prior periods were not material. Net sales expected to be recognized in any future period related to remaining performance obligations is not material.

CONTRACT BALANCES

As of June 30, 2024, December 31, 2023 and June 30, 2023, the Company did not have contract assets and had an immaterial amount of contract liabilities included in Accrued liabilities on the unaudited Condensed Consolidated Balance Sheets.