| Revenues |
NOTE 3—REVENUES
Disaggregated Revenue
As disclosed below in Note 18, the Company has aggregated its operating segments into four geographic segments: United States ("U.S."), Latin America and Asia Pacific ("LAAP"), Europe, Middle East and Africa ("EMEA") and Canada.
The following tables disaggregate our operating segment Net sales by product category and sales channel, which the Company believes provides a meaningful depiction how the nature, timing, and uncertainty of Net sales are affected by economic factors:
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Year Ended December 31, 2019 |
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(in thousands) |
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U.S. |
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LAAP |
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EMEA |
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Canada |
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Total |
| Product category net sales |
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| Apparel, Accessories and Equipment |
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$ |
1,562,487 |
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$ |
395,002 |
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$ |
245,381 |
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$ |
138,292 |
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$ |
2,341,162 |
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| Footwear |
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380,520 |
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134,280 |
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121,691 |
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64,825 |
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701,316 |
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| Total |
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$ |
1,943,007 |
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$ |
529,282 |
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$ |
367,072 |
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$ |
203,117 |
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$ |
3,042,478 |
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| Sales channel net sales |
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| Wholesale |
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$ |
1,049,300 |
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$ |
272,389 |
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$ |
312,347 |
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$ |
148,760 |
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$ |
1,782,796 |
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| Direct-to-consumer |
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893,707 |
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256,893 |
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54,725 |
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54,357 |
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1,259,682 |
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| Total |
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$ |
1,943,007 |
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$ |
529,282 |
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$ |
367,072 |
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$ |
203,117 |
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$ |
3,042,478 |
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Year Ended December 31, 2018 |
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(in thousands) |
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U.S. |
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LAAP |
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EMEA |
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Canada |
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Total |
| Product category net sales |
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| Apparel, Accessories and Equipment |
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$ |
1,432,711 |
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$ |
400,240 |
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$ |
226,324 |
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$ |
131,783 |
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$ |
2,191,058 |
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| Footwear |
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295,765 |
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129,912 |
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124,430 |
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61,161 |
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611,268 |
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| Total |
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$ |
1,728,476 |
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$ |
530,152 |
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$ |
350,754 |
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$ |
192,944 |
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$ |
2,802,326 |
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| Sales channel net sales |
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| Wholesale |
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$ |
902,928 |
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$ |
267,002 |
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$ |
300,626 |
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$ |
141,467 |
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$ |
1,612,023 |
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| Direct-to-consumer |
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825,548 |
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263,150 |
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50,128 |
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51,477 |
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1,190,303 |
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| Total |
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$ |
1,728,476 |
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$ |
530,152 |
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$ |
350,754 |
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$ |
192,944 |
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$ |
2,802,326 |
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Year Ended December 31, 2017 |
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(in thousands) |
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U.S. |
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LAAP |
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EMEA |
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Canada |
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Total |
| Product category net sales |
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| Apparel, Accessories and Equipment |
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$ |
1,264,894 |
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$ |
354,907 |
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$ |
187,567 |
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$ |
120,589 |
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$ |
1,927,957 |
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| Footwear |
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255,132 |
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120,221 |
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106,133 |
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56,662 |
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538,148 |
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| Total |
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$ |
1,520,026 |
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$ |
475,128 |
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$ |
293,700 |
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$ |
177,251 |
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$ |
2,466,105 |
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| Sales channel net sales |
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| Wholesale |
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$ |
828,769 |
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$ |
264,371 |
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$ |
257,269 |
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$ |
137,615 |
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$ |
1,488,024 |
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| Direct-to-consumer |
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691,257 |
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210,757 |
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36,431 |
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39,636 |
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978,081 |
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| Total |
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$ |
1,520,026 |
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$ |
475,128 |
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$ |
293,700 |
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$ |
177,251 |
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$ |
2,466,105 |
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Performance Obligations
For the years ended December 31, 2019 and 2018, Net sales recognized from performance obligations related to prior periods were not material. Net sales expected to be recognized in any future period related to remaining performance obligations is not material.
Contract Balances
As of December 31, 2019 and 2018, contract liabilities included in Accrued Liabilities on the Consolidated Balance Sheets, which consisted of obligations associated with our gift card and customer loyalty programs, were not material.
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