Annual report pursuant to Section 13 and 15(d)

Revenues

v3.20.4
Revenues
 12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
NOTE 3—REVENUES
Disaggregated revenue
As disclosed below in Note 17, the Company has four geographic reportable 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 channel, which the Company believes provides a meaningful depiction how the nature, timing, and uncertainty of Net sales are affected by economic factors:
Year Ended December 31, 2020
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 1,231,835  $ 320,616  $ 197,052  $ 118,116  $ 1,867,619 
Footwear 371,948  103,873  101,855  56,259  633,935 
Total $ 1,603,783  $ 424,489  $ 298,907  $ 174,375  $ 2,501,554 
Channel net sales
Wholesale $ 838,388  $ 198,083  $ 249,161  $ 117,628  $ 1,403,260 
DTC 765,395  226,406  49,746  56,747  1,098,294 
Total $ 1,603,783  $ 424,489  $ 298,907  $ 174,375  $ 2,501,554 

Year Ended December 31, 2019
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 1,562,487  $ 395,002  $ 245,381  $ 138,292  $ 2,341,162 
Footwear 380,520  134,280  121,691  64,825  701,316 
Total $ 1,943,007  $ 529,282  $ 367,072  $ 203,117  $ 3,042,478 
Channel net sales
Wholesale $ 1,049,300  $ 272,389  $ 312,347  $ 148,760  $ 1,782,796 
DTC 893,707  256,893  54,725  54,357  1,259,682 
Total $ 1,943,007  $ 529,282  $ 367,072  $ 203,117  $ 3,042,478 
Year Ended December 31, 2018
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 1,432,711  $ 400,240  $ 226,324  $ 131,783  $ 2,191,058 
Footwear 295,765  129,912  124,430  61,161  611,268 
Total $ 1,728,476  $ 530,152  $ 350,754  $ 192,944  $ 2,802,326 
Channel net sales
Wholesale $ 902,928  $ 267,002  $ 300,626  $ 141,467  $ 1,612,023 
DTC 825,548  263,150  50,128  51,477  1,190,303 
Total $ 1,728,476  $ 530,152  $ 350,754  $ 192,944  $ 2,802,326 
Performance obligations
For the years ended December 31, 2020 and 2019, 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, 2020 and 2019, contract liabilities included in Accrued Liabilities on the Consolidated Balance Sheets, which consisted of obligations associated with the Company's gift card and customer loyalty programs, were not material.