XML 44 R29.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 25, 2021
Segment Reporting [Abstract] |
Schedule of Net Sales (Revenue), Gross Profit, and Operating Income | Net sales (“revenue”), gross profit, and operating income for each of the Company’s five reported segments are presented below, along with supplemental financial information for the consumer auto and auto OEM operating segments that management believes is useful.
|  |  |  |  |  |  |  |  |  |  |  |  |  | Auto |  |  |  |
|  | Fitness |  |  | Outdoor |  |  | Aviation |  |  | Marine |  |  | Total Auto |  |  | Consumer Auto |  |  | Auto OEM |  |  | Total |
52-Weeks Ended December 25, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,533,788 |  |  | $ | 1,281,933 |  |  | $ | 712,468 |  |  | $ | 875,151 |  |  | $ | 579,455 |  |  | $ | 324,731 |  |  | $ | 254,724 |  |  | $ | 4,982,795 |
Gross profit |  |  | 813,325 |  |  |  | 834,837 |  |  |  | 519,821 |  |  |  | 495,310 |  |  |  | 227,166 |  |  |  | 153,825 |  |  |  | 73,341 |  |  |  | 2,890,459 |
Operating income (loss) |  |  | 372,575 |  |  |  | 480,777 |  |  |  | 191,775 |  |  |  | 244,199 |  |  |  | (70,706 | ) |  |  | 45,603 |  |  |  | (116,309 | ) |  |  | 1,218,620 |
52-Weeks Ended December 26, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,317,498 |  |  | $ | 1,128,081 |  |  | $ | 622,820 |  |  | $ | 657,848 |  |  | $ | 460,326 |  |  | $ | 275,493 |  |  | $ | 184,833 |  |  | $ | 4,186,573 |
Gross profit |  |  | 697,539 |  |  |  | 739,777 |  |  |  | 453,008 |  |  |  | 384,450 |  |  |  | 206,562 |  |  |  | 139,864 |  |  |  | 66,698 |  |  |  | 2,481,336 |
Operating income (loss) |  |  | 318,884 |  |  |  | 441,085 |  |  |  | 137,203 |  |  |  | 175,724 |  |  |  | (18,656 | ) |  |  | 41,464 |  |  |  | (60,120 | ) |  |  | 1,054,240 |
52-Weeks Ended December 28, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,047,527 |  |  | $ | 917,567 |  |  | $ | 735,458 |  |  | $ | 508,850 |  |  | $ | 548,103 |  |  | $ | 365,511 |  |  | $ | 182,592 |  |  | $ | 3,757,505 |
Gross profit |  |  | 532,604 |  |  |  | 598,443 |  |  |  | 543,385 |  |  |  | 302,949 |  |  |  | 256,595 |  |  |  | 172,218 |  |  |  | 84,377 |  |  |  | 2,233,976 |
Operating income (loss) |  |  | 191,858 |  |  |  | 334,041 |  |  |  | 252,943 |  |  |  | 109,876 |  |  |  | 56,868 |  |  |  | 63,299 |  |  |  | (6,431 | ) |  |  | 945,586 |
Schedule of Net Sales, Property and Equipment, and Net Assets by Geographic Area | Net sales, property and equipment, and net assets by geographic area are as shown below for the years ended December 25, 2021, December 26, 2020, and December 28, 2019. Note that APAC includes Asia Pacific and Australian Continent, and EMEA includes Europe, the Middle East and Africa.
|  | Americas |  |  | EMEA |  |  | APAC |  |  | Total |
December 25, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers (1) |  | $ | 2,349,514 |  |  | $ | 1,858,908 |  |  | $ | 774,373 |  |  | $ | 4,982,795 |
Property and equipment, net |  |  | 576,481 |  |  |  | 120,004 |  |  |  | 370,993 |  |  |  | 1,067,478 |
Net assets (2) |  |  | 3,745,120 |  |  |  | 1,227,928 |  |  |  | 1,141,111 |  |  |  | 6,114,159 |
December 26, 2020 |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers (1) |  | $ | 1,968,080 |  |  | $ | 1,579,749 |  |  | $ | 638,744 |  |  | $ | 4,186,573 |
Property and equipment, net |  |  | 467,269 |  |  |  | 114,313 |  |  |  | 273,957 |  |  |  | 855,539 |
Net assets (2) |  |  | 3,327,748 |  |  |  | 1,163,127 |  |  |  | 1,025,241 |  |  |  | 5,516,116 |
December 28, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers (1) |  | $ | 1,817,770 |  |  | $ | 1,350,533 |  |  | $ | 589,202 |  |  | $ | 3,757,505 |
Property and equipment, net |  |  | 435,503 |  |  |  | 65,323 |  |  |  | 228,095 |  |  |  | 728,921 |
Net assets (2) |  |  | 3,074,155 |  |  |  | 714,602 |  |  |  | 1,004,739 |  |  |  | 4,793,496 |
(1) The United States is the only country which constitutes greater than 10% of net sales to external customers. (2) Americas and APAC net assets are primarily held in the United States and Taiwan, respectively.

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration