Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.8.0.1
Segment Information
9 Months Ended
Sep. 30, 2017
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, 2017 and 2016.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Net sales to unrelated entities:
 
 
 
 
 
 
 
United States
$
455,970

 
$
484,758

 
$
1,027,350

 
$
1,049,779

LAAP
122,996

 
112,718

 
320,807

 
301,777

EMEA
87,522

 
73,062

 
210,248

 
183,436

Canada
80,879

 
75,176

 
131,659

 
124,603

 
$
747,367

 
$
745,714

 
$
1,690,064

 
$
1,659,595

Segment income from operations:
 
 
 
 
 
 
 
United States
$
117,901

 
$
138,682

 
$
202,857

 
$
226,661

LAAP
21,583

 
17,698

 
44,894

 
37,196

EMEA
10,212

 
6,599

 
11,688

 
7,963

Canada
18,971

 
13,548

 
22,235

 
14,234

Total segment income from operations
168,667

 
176,527

 
281,674

 
286,054

Unallocated corporate expenses
(45,780
)
 
(52,897
)
 
(128,067
)
 
(129,945
)
Interest income, net
1,035

 
393

 
3,240

 
1,576

Interest expense on note payable to related party

 
(253
)
 
(429
)
 
(779
)
Other non-operating income (expense)
(104
)
 
(620
)
 
203

 
(736
)
Income before income taxes
$
123,818

 
$
123,150

 
$
156,621

 
$
156,170