| Schedule of Segment Information |
The geographic distribution of the Company’s net sales, income (loss) 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, 2014, 2013 and 2012 and for accounts receivable, net and inventories at December 31, 2014 and 2013.
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2014 |
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2013 |
|
2012 |
Net sales to unrelated entities: |
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United States |
|
$ |
1,198,405 |
|
|
$ |
971,321 |
|
|
$ |
946,710 |
|
LAAP |
|
491,648 |
|
|
354,345 |
|
|
377,545 |
|
EMEA |
|
259,163 |
|
|
240,702 |
|
|
230,624 |
|
Canada |
|
151,374 |
|
|
118,628 |
|
|
114,684 |
|
|
|
$ |
2,100,590 |
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|
$ |
1,684,996 |
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|
$ |
1,669,563 |
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Segment income (loss) from operations: |
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|
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United States |
|
$ |
229,784 |
|
|
$ |
168,395 |
|
|
$ |
146,779 |
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LAAP |
|
66,810 |
|
|
55,147 |
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|
70,230 |
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EMEA |
|
12,667 |
|
|
(3,554 |
) |
|
674 |
|
Canada |
|
22,784 |
|
|
13,818 |
|
|
12,666 |
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Total segment income from operations |
|
332,045 |
|
|
233,806 |
|
|
230,349 |
|
Unallocated corporate expenses |
|
(133,201 |
) |
|
(102,012 |
) |
|
(96,821 |
) |
Interest income, net |
|
1,004 |
|
|
503 |
|
|
379 |
|
Interest expense on note payable to related party |
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(1,053 |
) |
|
— |
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|
— |
|
Other non-operating expense |
|
(274 |
) |
|
(871 |
) |
|
— |
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Income before income tax |
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$ |
198,521 |
|
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$ |
131,426 |
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$ |
133,907 |
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Interest income (expense), net: |
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United States |
|
$ |
4,804 |
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|
$ |
4,501 |
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|
$ |
5,121 |
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LAAP |
|
(138 |
) |
|
(162 |
) |
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(1,097 |
) |
EMEA |
|
(661 |
) |
|
(556 |
) |
|
293 |
|
Canada |
|
(3,001 |
) |
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(3,280 |
) |
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(3,938 |
) |
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|
$ |
1,004 |
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|
$ |
503 |
|
|
$ |
379 |
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Income tax (expense) benefit: |
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United States |
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$ |
(40,431 |
) |
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$ |
(28,629 |
) |
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$ |
(21,961 |
) |
LAAP |
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(14,062 |
) |
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(11,135 |
) |
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(13,792 |
) |
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EMEA |
|
678 |
|
|
2,959 |
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|
1,527 |
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Canada |
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(2,847 |
) |
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(1,018 |
) |
|
178 |
|
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$ |
(56,662 |
) |
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$ |
(37,823 |
) |
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$ |
(34,048 |
) |
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Depreciation and amortization expense: |
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United States |
|
$ |
25,736 |
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$ |
17,413 |
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$ |
18,726 |
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LAAP |
|
4,750 |
|
|
4,203 |
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|
4,281 |
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EMEA |
|
2,550 |
|
|
4,129 |
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|
4,153 |
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Canada |
|
3,463 |
|
|
2,915 |
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|
1,761 |
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Unallocated corporate expense |
|
17,518 |
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|
12,211 |
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|
11,971 |
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$ |
54,017 |
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$ |
40,871 |
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$ |
40,892 |
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Accounts receivable, net: |
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United States |
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$ |
144,841 |
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$ |
121,081 |
|
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LAAP |
|
93,006 |
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|
80,257 |
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EMEA |
|
43,527 |
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|
51,912 |
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Canada |
|
63,016 |
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|
53,628 |
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$ |
344,390 |
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$ |
306,878 |
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Inventories: |
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United States |
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$ |
219,043 |
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$ |
178,167 |
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LAAP |
|
103,351 |
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|
99,915 |
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EMEA |
|
37,803 |
|
|
28,307 |
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Canada |
|
24,453 |
|
|
22,839 |
|
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$ |
384,650 |
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$ |
329,228 |
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Long-lived assets: |
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United States |
|
$ |
214,565 |
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|
$ |
194,223 |
|
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Canada |
|
36,415 |
|
|
42,356 |
|
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All other countries |
|
40,583 |
|
|
42,794 |
|
|
|
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$ |
291,563 |
|
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$ |
279,373 |
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Net sales by product category: |
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Apparel, accessories and equipment |
|
$ |
1,676,192 |
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$ |
1,374,598 |
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$ |
1,347,005 |
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Footwear |
|
424,398 |
|
|
310,398 |
|
|
322,558 |
|
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|
$ |
2,100,590 |
|
|
$ |
1,684,996 |
|
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$ |
1,669,563 |
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