Quarterly report pursuant to Section 13 or 15(d)

Revenues

v3.21.2
Revenues
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenues
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 September 30, 2021
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 406,187  $ 78,160  $ 75,399  $ 61,409  $ 621,155 
Footwear 104,299  24,594  33,751  20,907  183,551 
Total $ 510,486  $ 102,754  $ 109,150  $ 82,316  $ 804,706 
Channel net sales
Wholesale $ 292,357  $ 66,070  $ 93,899  $ 65,810  $ 518,136 
Direct-to-consumer 218,129  36,684  15,251  16,506  286,570 
Total $ 510,486  $ 102,754  $ 109,150  $ 82,316  $ 804,706 
Three Months Ended September 30, 2020
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 332,713  $ 70,026  $ 66,160  $ 41,221  $ 510,120 
Footwear 112,907  20,925  32,999  24,141  190,972 
Total $ 445,620  $ 90,951  $ 99,159  $ 65,362  $ 701,092 
Channel net sales
Wholesale $ 282,850  $ 50,723  $ 85,074  $ 52,820  $ 471,467 
Direct-to-consumer 162,770  40,228  14,085  12,542  229,625 
Total $ 445,620  $ 90,951  $ 99,159  $ 65,362  $ 701,092 
Nine Months Ended September 30, 2021
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 1,040,432  $ 212,921  $ 186,213  $ 103,549  $ 1,543,115 
Footwear 257,781  79,785  82,276  33,725  453,567 
Total $ 1,298,213  $ 292,706  $ 268,489  $ 137,274  $ 1,996,682 
Channel net sales
Wholesale $ 669,425  $ 153,689  $ 232,215  $ 100,523  $ 1,155,852 
Direct-to-consumer 628,788  139,017  36,274  36,751  840,830 
Total $ 1,298,213  $ 292,706  $ 268,489  $ 137,274  $ 1,996,682 
Nine Months Ended September 30, 2020
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 793,846  $ 193,815  $ 145,100  $ 73,445  $ 1,206,206 
Footwear 210,887  67,097  68,198  33,543  379,725 
Total $ 1,004,733  $ 260,912  $ 213,298  $ 106,988  $ 1,585,931 
Channel net sales
Wholesale $ 559,052  $ 139,316  $ 180,416  $ 78,546  $ 957,330 
Direct-to-consumer 445,681  121,596  32,882  28,442  628,601 
Total $ 1,004,733  $ 260,912  $ 213,298  $ 106,988  $ 1,585,931 
Performance Obligations
For the three and nine months ended September 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 September 30, 2021, December 31, 2020 and September 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.