Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Schedule of Segment Information) (Details)

v3.21.1
Segment Information (Schedule of Segment Information) (Details)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
USD ($)
segment
Mar. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
Segment Reporting [Abstract]      
Segment Information
NOTE 11—SEGMENT INFORMATION
The Company has four reportable geographic segments: U.S., LAAP, EMEA, and 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, active and everyday lifestyle apparel, footwear, accessories, and equipment products. 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 services, finance, human resources and legal, as well as executive compensation, unallocated benefit program expense, and other miscellaneous costs.
The following table presents financial information for the Company's reportable segments:
Three Months Ended March 31,
(in thousands)
 2021 2020
Net sales to unrelated entities:
U.S. $ 408,662  $ 375,868 
LAAP 111,977  102,651 
EMEA 70,765  55,848 
Canada 34,202  33,861 
$ 625,606  $ 568,228 
Segment income (loss) from operations
U.S. $ 99,661  $ 40,032 
LAAP 9,718  6,138 
EMEA 10,062  (66)
Canada 6,228  4,151 
Total segment income from operations 125,669  50,255 
Unallocated corporate expenses (55,189) (52,242)
Interest income, net
 278  1,813 
Other non-operating income (expense), net
 (304) 1,738 
Income before income tax
 $ 70,454  $ 1,564 

Concentrations
The Company had one customer that accounted for 10.2% and 14.3% of Accounts receivable, net on the Condensed Consolidated Balance Sheets as of March 31, 2021, and December 31, 2020, respectively. No single customer accounted for 10% or more of Accounts receivable, net as of March 31, 2020. No single customer accounted for 10% or more of Net sales in the Condensed Consolidated Statement of Operations for the three months ended March 31, 2021 or 2020.
   
Schedule of Segment Information
The following table presents financial information for the Company's reportable segments:
Three Months Ended March 31,
(in thousands)
 2021 2020
Net sales to unrelated entities:
U.S. $ 408,662  $ 375,868 
LAAP 111,977  102,651 
EMEA 70,765  55,848 
Canada 34,202  33,861 
$ 625,606  $ 568,228 
Segment income (loss) from operations
U.S. $ 99,661  $ 40,032 
LAAP 9,718  6,138 
EMEA 10,062  (66)
Canada 6,228  4,151 
Total segment income from operations 125,669  50,255 
Unallocated corporate expenses (55,189) (52,242)
Interest income, net
 278  1,813 
Other non-operating income (expense), net
 (304) 1,738 
Income before income tax
 $ 70,454  $ 1,564 
   
Segment Reporting Information [Line Items]      
Number of reportable geographic segments | segment 4    
Revenue from Contract with Customer, Excluding Assessed Tax $ 625,606 $ 568,228  
Income (loss) from operations 70,480 (1,987)  
Interest income (expense), net 278 1,813  
Other Nonoperating Income (Expense) (304) 1,738  
Income before income taxes 70,454 1,564  
Income Tax Expense (Benefit) 14,554 1,351  
Accounts Receivable, after Allowance for Credit Loss, Current 338,787 312,951 $ 452,945
Inventories 525,704 577,124 556,530
Property, Plant and Equipment, Net 300,063 332,997 $ 309,792
Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 125,669 50,255  
Corporate, Non-Segment      
Segment Reporting Information [Line Items]      
Unallocated corporate expense (55,189) (52,242)  
United States      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 408,662 375,868  
United States | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 99,661 40,032  
LAAP      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 111,977 102,651  
LAAP | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 9,718 6,138  
EMEA      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 70,765 55,848  
EMEA | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 10,062 (66)  
Canada      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 34,202 33,861  
Canada | Operating Segments      
Segment Reporting Information [Line Items]      
Income (loss) from operations 6,228 4,151  
Apparel, Accessories and Equipment      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 468,910 452,169  
Footwear      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 156,696 116,059  
United States      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 408,662 375,868  
United States | Apparel, Accessories and Equipment      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 317,349 309,677  
United States | Footwear      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 91,313 66,191  
Canada      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 34,202 33,861  
Canada | Apparel, Accessories and Equipment      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax 26,542 26,649  
Canada | Footwear      
Segment Reporting Information [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax $ 7,660 $ 7,212