| Schedule of Segment Information |
The geographic distribution of the Company's net sales, income 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, 2016, 2015 and 2014 and for accounts receivable, net and inventories at December 31, 2016 and 2015.
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2016 |
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2015 |
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2014 |
Net sales to unrelated entities: |
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United States |
|
$ |
1,505,302 |
|
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$ |
1,455,283 |
|
|
$ |
1,198,405 |
|
LAAP |
|
453,686 |
|
|
469,140 |
|
|
491,648 |
|
EMEA |
|
253,487 |
|
|
233,226 |
|
|
259,163 |
|
Canada |
|
164,570 |
|
|
168,531 |
|
|
151,374 |
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$ |
2,377,045 |
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$ |
2,326,180 |
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$ |
2,100,590 |
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Segment income from operations: |
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United States |
|
$ |
331,706 |
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$ |
309,162 |
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$ |
229,784 |
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LAAP |
|
61,994 |
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|
65,846 |
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|
66,810 |
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EMEA |
|
8,403 |
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|
8,664 |
|
|
12,667 |
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Canada |
|
19,010 |
|
|
23,772 |
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|
22,784 |
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Total segment income from operations |
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421,113 |
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|
407,444 |
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|
332,045 |
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Unallocated corporate expenses |
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(164,605 |
) |
|
(157,723 |
) |
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(133,201 |
) |
Interest income, net |
|
2,003 |
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|
1,531 |
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|
1,004 |
|
Interest expense on note payable to related party |
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(1,041 |
) |
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(1,099 |
) |
|
(1,053 |
) |
Other non-operating expense |
|
(572 |
) |
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(2,834 |
) |
|
(274 |
) |
Income before income tax |
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$ |
256,898 |
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$ |
247,319 |
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$ |
198,521 |
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Interest income (expense), net: |
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United States |
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$ |
2,334 |
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$ |
4,765 |
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$ |
4,804 |
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LAAP |
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(216 |
) |
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(555 |
) |
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(138 |
) |
EMEA |
|
2,663 |
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|
152 |
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(661 |
) |
Canada |
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(2,778 |
) |
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(2,831 |
) |
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(3,001 |
) |
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$ |
2,003 |
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|
$ |
1,531 |
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|
$ |
1,004 |
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Income tax (expense) benefit: |
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United States |
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$ |
(45,584 |
) |
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$ |
(58,487 |
) |
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$ |
(40,431 |
) |
LAAP |
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(12,345 |
) |
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(10,058 |
) |
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(14,062 |
) |
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EMEA |
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1,507 |
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5,305 |
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|
678 |
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Canada |
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(2,037 |
) |
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(4,228 |
) |
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(2,847 |
) |
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$ |
(58,459 |
) |
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$ |
(67,468 |
) |
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$ |
(56,662 |
) |
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Depreciation and amortization expense: |
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United States |
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$ |
24,920 |
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$ |
25,490 |
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$ |
25,736 |
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LAAP |
|
6,392 |
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|
5,437 |
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|
4,750 |
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EMEA |
|
3,189 |
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|
2,419 |
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|
2,550 |
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Canada |
|
2,912 |
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|
3,020 |
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|
3,463 |
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Unallocated corporate expense |
|
22,603 |
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|
20,155 |
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|
17,518 |
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$ |
60,016 |
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$ |
56,521 |
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$ |
54,017 |
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Accounts receivable, net: |
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United States |
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$ |
162,017 |
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$ |
177,893 |
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LAAP |
|
84,947 |
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|
92,155 |
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EMEA |
|
42,195 |
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|
41,294 |
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Canada |
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44,519 |
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|
60,611 |
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$ |
333,678 |
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$ |
371,953 |
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Inventories: |
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United States |
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$ |
308,721 |
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$ |
298,591 |
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LAAP |
|
95,033 |
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|
98,986 |
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EMEA |
|
51,226 |
|
|
42,499 |
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Canada |
|
33,017 |
|
|
33,561 |
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$ |
487,997 |
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$ |
473,637 |
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Property, plant and equipment, net: |
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United States |
|
$ |
211,572 |
|
|
$ |
222,164 |
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Canada |
|
28,159 |
|
|
29,294 |
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All other countries |
|
39,919 |
|
|
40,229 |
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$ |
279,650 |
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$ |
291,687 |
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Net sales by product category: |
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Apparel, accessories and equipment |
|
$ |
1,865,449 |
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$ |
1,821,182 |
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$ |
1,676,192 |
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Footwear |
|
511,596 |
|
|
504,998 |
|
|
424,398 |
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$ |
2,377,045 |
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$ |
2,326,180 |
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$ |
2,100,590 |
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