Quarterly report pursuant to Section 13 or 15(d)

Revenues

v3.21.2
Revenues
 6 Months Ended
Jun. 30, 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 June 30, 2021
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 316,896  $ 56,038  $ 64,518  $ 15,598  $ 453,050 
Footwear 62,169  21,937  24,056  5,158  113,320 
Total $ 379,065  $ 77,975  $ 88,574  $ 20,756  $ 566,370 
Channel net sales
Wholesale $ 176,187  $ 32,069  $ 80,552  $ 13,495  $ 302,303 
Direct-to-consumer 202,878  45,906  8,022  7,261  264,067 
Total $ 379,065  $ 77,975  $ 88,574  $ 20,756  $ 566,370 
Three Months Ended June 30, 2020
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 151,456  $ 47,876  $ 39,010  $ 5,575  $ 243,917 
Footwear 31,789  19,434  19,281  2,190  72,694 
Total $ 183,245  $ 67,310  $ 58,291  $ 7,765  $ 316,611 
Channel net sales
Wholesale $ 73,334  $ 31,219  $ 53,086  $ 2,264  $ 159,903 
Direct-to-consumer 109,911  36,091  5,205  5,501  156,708 
Total $ 183,245  $ 67,310  $ 58,291  $ 7,765  $ 316,611 
Six Months Ended June 30, 2021
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 634,245  $ 134,761  $ 110,814  $ 42,140  $ 921,960 
Footwear 153,482  55,191  48,525  12,818  270,016 
Total $ 787,727  $ 189,952  $ 159,339  $ 54,958  $ 1,191,976 
Channel net sales
Wholesale $ 377,068  $ 87,619  $ 138,316  $ 34,713  $ 637,716 
Direct-to-consumer 410,659  102,333  21,023  20,245  554,260 
Total $ 787,727  $ 189,952  $ 159,339  $ 54,958  $ 1,191,976 
Six Months Ended June 30, 2020
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 461,133  $ 123,789  $ 78,940  $ 32,224  $ 696,086 
Footwear 97,980  46,172  35,199  9,402  188,753 
Total $ 559,113  $ 169,961  $ 114,139  $ 41,626  $ 884,839 
Channel net sales
Wholesale $ 276,202  $ 88,593  $ 95,342  $ 25,726  $ 485,863 
Direct-to-consumer 282,911  81,368  18,797  15,900  398,976 
Total $ 559,113  $ 169,961  $ 114,139  $ 41,626  $ 884,839 
Performance Obligations
For the three and six months ended June 30, 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 June 30, 2021, December 31, 2020 and June 30, 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.