Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.5.0.2
Segment Information
 9 Months Ended
Sep. 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 nine months ended September 30, 2016 and 2015.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Net sales to unrelated entities:
 
 
 
 
 
 
 
United States
$
484,758

 
$
513,148

 
$
1,049,779

 
$
1,008,940

LAAP
112,718

 
109,407

 
301,777

 
319,537

EMEA
73,062

 
67,295

 
183,436

 
175,025

Canada
75,176

 
77,700

 
124,603

 
123,264

 
$
745,714

 
$
767,550

 
$
1,659,595

 
$
1,626,766

Segment income from operations:
 
 
 
 
 
 
 
United States
$
138,682

 
$
148,062

 
$
226,661

 
$
223,586

LAAP
17,698

 
14,967

 
37,196

 
38,894

EMEA
6,599

 
7,828

 
7,963

 
11,308

Canada
13,548

 
16,563

 
14,234

 
19,352

Total segment income from operations
176,527

 
187,420

 
286,054

 
293,140

Unallocated corporate expenses
(52,897
)
 
(55,151
)
 
(129,945
)
 
(125,711
)
Interest income, net
393

 
309

 
1,576

 
1,260

Interest expense on note payable to related party
(253
)
 
(275
)
 
(779
)
 
(827
)
Other non-operating expense
(620
)
 
(1,558
)
 
(736
)
 
(3,287
)
Income before income taxes
$
123,150

 
$
130,745

 
$
156,170

 
$
164,575