Annual report [Section 13 and 15(d), not S-K Item 405]

Revenues

v3.25.4
Revenues
 12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
NOTE 3 — REVENUES

DISAGGREGATED REVENUE

As disclosed below in Note 4, the Company has four geographic reportable segments: 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:
Year Ended December 31, 2025
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales:
Apparel, accessories and equipment
 $ 1,648,402  $ 478,085  $ 416,142  $ 169,761  $ 2,712,390 
Footwear 330,631  133,064  160,778  60,488  684,961 
Total $ 1,979,033  $ 611,149  $ 576,920  $ 230,249  $ 3,397,351 
Channel net sales:
Wholesale $ 888,238  $ 324,710  $ 426,260  $ 141,346  $ 1,780,554 
Direct-to-consumer 1,090,795  286,439  150,660  88,903  1,616,797 
Total $ 1,979,033  $ 611,149  $ 576,920  $ 230,249  $ 3,397,351 
Year Ended December 31, 2024
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales:
Apparel, accessories and equipment
 $ 1,727,076  $ 437,325  $ 355,353  $ 167,420  $ 2,687,174 
Footwear 341,152  123,381  156,425  60,450  681,408 
Total $ 2,068,228  $ 560,706  $ 511,778  $ 227,870  $ 3,368,582 
Channel net sales:
Wholesale $ 926,714  $ 283,751  $ 388,545  $ 135,348  $ 1,734,358 
Direct-to-consumer 1,141,514  276,955  123,233  92,522  1,634,224 
Total $ 2,068,228  $ 560,706  $ 511,778  $ 227,870  $ 3,368,582 
CONTRACT BALANCES

As of December 31, 2025 and 2024, the Company did not have any contract assets and had an immaterial amount of contract liabilities included in Accrued liabilities on the Consolidated Balance Sheets.