Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.4.0.3
Segment Information
 3 Months Ended
Mar. 31, 2016
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company has aggregated its operating segments into four geographic segments: (1) United States, (2) Latin America and Asia Pacific (“LAAP”), (3) Europe, Middle East and Africa (“EMEA”) and (4) 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 and active lifestyle apparel, footwear, accessories and equipment. 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 systems, finance and legal, executive compensation, unallocated benefit program expense and other miscellaneous costs.
The geographic distribution of the Company’s net sales and income from operations are summarized in the following table (in thousands) for the three months ended March 31, 2016 and 2015.
 
Three Months Ended March 31,
 
2016
 
2015
Net sales to unrelated entities:
 
 
 
United States
$
336,245

 
$
283,760

LAAP
101,801

 
113,062

EMEA
51,329

 
47,825

Canada
35,761

 
34,335

 
$
525,136

 
$
478,982

Segment income from operations:
 
 
 
United States
$
66,292

 
$
52,816

LAAP
14,167

 
15,352

EMEA
1,259

 
1,365

Canada
3,859

 
6,300

Total segment income from operations
85,577

 
75,833

Unallocated corporate expenses
(41,312
)
 
(31,711
)
Interest income, net
491

 
377

Interest expense on note payable to related party
(264
)
 
(274
)
Other non-operating expense
(375
)
 
(2,196
)
Income before income taxes
$
44,117

 
$
42,029