Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.10.0.1
Segment Information
 9 Months Ended
Sep. 30, 2018
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company has aggregated its operating segments into four geographic segments: (1) United States, (2) LAAP, (3) 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 (loss) from operations in the Condensed Consolidated Statements of Operations are summarized in the following table (in thousands) for the three and nine months ended September 30, 2018 and 2017.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Net sales to unrelated entities:
 
 
 
 
 
 
 
United States
$
496,161

 
$
455,970

 
$
1,139,175

 
$
1,027,350

LAAP
118,379

 
122,996

 
350,832

 
320,807

EMEA
100,351

 
87,522

 
257,112

 
210,248

Canada
80,910

 
80,879

 
137,609

 
131,659

 
$
795,801

 
$
747,367

 
$
1,884,728

 
$
1,690,064

Segment income from operations:
 
 
 
 
 
 
 
United States
$
123,522

 
$
117,901

 
$
237,341

 
$
202,857

LAAP
15,992

 
21,583

 
45,400

 
44,894

EMEA
15,130

 
10,212

 
27,687

 
11,688

Canada
17,611

 
18,971

 
21,606

 
22,235

Total segment income from operations
172,255

 
168,667

 
332,034

 
281,674

Unallocated corporate expenses
(43,111
)
 
(45,780
)
 
(133,820
)
 
(128,067
)
Interest income, net
2,524

 
1,035

 
7,748

 
3,240

Interest expense on note payable to related party
—

 
—

 
—

 
(429
)
Other non-operating income (expense)
736

 
(104
)
 
372

 
203

Income before income taxes
$
132,404

 
$
123,818

 
$
206,334

 
$
156,621


Concentrations
No single customer accounted for 10% or more of Accounts receivable, net of allowance as of September 30, 2018 and 2017. The Company had one customer that accounted for 12.3% of Accounts receivable, net of allowance as of December 31, 2017. No single customer accounted for 10% or more of Net sales in the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2018 or 2017, or for the year ended December 31, 2017.