Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.5.0.2
Segment Information
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2016 and 2015.
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Net sales to unrelated entities:
 
 
 
 
 
 
 
United States
$
228,776

 
$
212,032

 
$
565,021

 
$
495,792

LAAP
87,258

 
97,068

 
189,059

 
210,130

EMEA
59,045

 
59,905

 
110,374

 
107,730

Canada
13,666

 
11,229

 
49,427

 
45,564

 
$
388,745

 
$
380,234

 
$
913,881

 
$
859,216

Segment income (loss) from operations:
 
 
 
 
 
 
 
United States
$
21,687

 
$
22,708

 
$
87,979

 
$
75,520

LAAP
5,331

 
8,575

 
19,498

 
23,928

EMEA
105

 
2,115

 
1,364

 
3,481

Canada
(3,173
)
 
(3,511
)
 
686

 
2,791

Total segment income from operations
23,950

 
29,887

 
109,527

 
105,720

Unallocated corporate expenses
(35,736
)
 
(38,849
)
 
(77,048
)
 
(70,560
)
Interest income, net
692

 
574

 
1,183

 
951

Interest expense on note payable to related party
(262
)
 
(278
)
 
(526
)
 
(552
)
Other non-operating income (expense)
259

 
467

 
(116
)
 
(1,729
)
Income (loss) before income taxes
$
(11,097
)
 
$
(8,199
)
 
$
33,020

 
$
33,830



Concentrations
The Company had one customer in its EMEA segment that accounted for approximately 10.4% and 12.2% of consolidated accounts receivable at June 30, 2016 and 2015, respectively. No single customer accounted for 10% or more of consolidated accounts receivable at December 31, 2015. No single customer accounted for 10% or more of consolidated revenues for the three or six months ended June 30, 2016 or 2015.