Quarterly report pursuant to Section 13 or 15(d)

Revenues

v3.21.1
Revenues
 3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
NOTE 2—REVENUES
Disaggregated Revenue
As disclosed in Note 11, 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 the Company's operating segment Net sales by product category and channel, which the Company believes provides a meaningful depiction of how the nature, timing, and uncertainty of Net sales are affected by economic factors:
Three Months Ended March 31, 2021
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 317,349  $ 78,723  $ 46,296  $ 26,542  $ 468,910 
Footwear 91,313  33,254  24,469  7,660  156,696 
Total $ 408,662  $ 111,977  $ 70,765  $ 34,202  $ 625,606 
Channel net sales
Wholesale $ 200,881  $ 55,550  $ 57,764  $ 21,218  $ 335,413 
Direct-to-consumer 207,781  56,427  13,001  12,984  290,193 
Total $ 408,662  $ 111,977  $ 70,765  $ 34,202  $ 625,606 

Three Months Ended March 31, 2020
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 309,677  $ 75,913  $ 39,930  $ 26,649  $ 452,169 
Footwear 66,191  26,738  15,918  7,212  116,059 
Total $ 375,868  $ 102,651  $ 55,848  $ 33,861  $ 568,228 
Channel net sales
Wholesale $ 202,868  $ 57,374  $ 42,256  $ 23,462  $ 325,960 
Direct-to-consumer 173,000  45,277  13,592  10,399  242,268 
Total $ 375,868  $ 102,651  $ 55,848  $ 33,861  $ 568,228 
Performance Obligations
For the three months ended March 31, 2021 and 2020, 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 are not material.
Contract Balances
As of March 31, 2021, December 31, 2020 and March 31, 2020, contract liabilities included in Accrued liabilities on the Condensed Consolidated Balance Sheets, which consisted of obligations associated with the Company's gift card and customer loyalty programs, were not material.