Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.3.0.814
Segment Information
 9 Months Ended
Sep. 30, 2015
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information
SEGMENT INFORMATION
The Company has aggregated its operating segments into four geographic segments: (1) United States, (2) Latin America and Asia Pacific (“LAAP”), (3) Europe, Middle East and Africa (“EMEA”) and (4) 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 and active lifestyle apparel, footwear, accessories and equipment. 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 systems, finance and legal, executive compensation, unallocated benefit program expense and other miscellaneous costs.
The geographic distribution of the Company’s net sales and income from operations are summarized in the following table (in thousands) for the three and nine months ended September 30, 2015 and 2014.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Net sales to unrelated entities:
 
 
 
 
 
 
 
United States
$
513,148

 
$
406,172

 
$
1,008,940

 
$
793,729

LAAP
109,407

 
123,538

 
319,537

 
336,451

EMEA
67,295

 
78,846

 
175,025

 
190,935

Canada
77,700

 
66,740

 
123,264

 
102,511

 
$
767,550

 
$
675,296

 
$
1,626,766

 
$
1,423,626

Segment income from operations:
 
 
 
 
 
 
 
United States
$
148,062

 
$
100,771

 
$
223,586

 
$
147,307

LAAP
14,967

 
19,259

 
38,894

 
45,746

EMEA
7,828

 
8,406

 
11,308

 
10,677

Canada
16,563

 
14,200

 
19,352

 
13,815

Total segment income from operations
187,420

 
142,636

 
293,140

 
217,545

Unallocated corporate expenses
(55,151
)
 
(44,354
)
 
(125,711
)
 
(100,801
)
Interest income, net
309

 
238

 
1,260

 
861

Interest expense on note payable to related party
(275
)
 
(282
)
 
(827
)
 
(769
)
Other non-operating income (expense)
(1,558
)
 
666

 
(3,287
)
 
161

Income before income taxes
$
130,745

 
$
98,904

 
$
164,575

 
$
116,997