Quarterly report pursuant to Section 13 or 15(d)

Revenues

v3.22.2.2
Revenues
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
NOTE 2 — REVENUES

DISAGGREGATED REVENUE

As disclosed below in Note 10, 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, 2022
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 473,066  $ 84,769  $ 112,817  $ 55,690  $ 726,342 
Footwear 134,008  30,559  40,713  23,437  228,717 
Total $ 607,074  $ 115,328  $ 153,530  $ 79,127  $ 955,059 
Channel net sales
Wholesale $ 368,040  $ 76,829  $ 139,027  $ 61,133  $ 645,029 
Direct-to-consumer 239,034  38,499  14,503  17,994  310,030 
Total $ 607,074  $ 115,328  $ 153,530  $ 79,127  $ 955,059 

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 
Nine Months Ended September 30, 2022
(in thousands)
 U.S. LAAP EMEA Canada Total
Product category net sales
Apparel, Accessories and Equipment $ 1,206,886  $ 225,073  $ 213,628  $ 115,016  $ 1,760,603 
Footwear 314,567  84,823  92,161  42,478  534,029 
Total $ 1,521,453  $ 309,896  $ 305,789  $ 157,494  $ 2,294,632 
Channel net sales
Wholesale $ 817,429  $ 165,075  $ 261,580  $ 109,065  $ 1,353,149 
Direct-to-consumer 704,024  144,821  44,209  48,429  941,483 
Total $ 1,521,453  $ 309,896  $ 305,789  $ 157,494  $ 2,294,632 
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 
PERFORMANCE OBLIGATIONS

For the three and nine months ended September 30, 2022 and 2021, 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 is not material.

CONTRACT BALANCES

As of September 30, 2022, December 31, 2021 and September 30, 2021, the Company did not have contract assets and had an immaterial amount of contract liabilities included in Accrued liabilities on the unaudited Condensed Consolidated Balance Sheets.