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Quarterly Summary of Information (Unaudited) | 12 Months Ended
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Mar. 31, 2023
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Summary of Information (Unaudited) | Quarterly Summary of Information (Unaudited) The Company’s business is seasonal, with the highest percentage of UGG and Koolaburra brand net sales occurring in the quarters ending September 30th and December 31st and the highest percentage of Teva and Sanuk brand net sales occurring in the quarters ending March 31st and June 30th. Net sales for the HOKA brand occur more evenly throughout the year, reflecting the brand's year-round performance product offerings. Due to the magnitude of the UGG brand relative to the Company’s other brands, the Company’s aggregate net sales in the quarters ending September 30th and December 31st have historically significantly exceeded the Company’s aggregate net sales in the quarters ending March 31st and June 30th. However, as the Company continues to take steps to diversify and expand its product offerings by creating more year-round styles, and as net sales of the HOKA brand continue to increase as a percentage of the Company’s aggregate net sales, the Company has seen and expects to continue to see the impact from seasonality decrease over time. However, the Company’s seasonality has been impacted by supply chain challenges and it is unclear whether these impacts will be minimized or exaggerated in future periods as a result of these disruptions. The following is summarized unaudited quarterly financial data for the last two fiscal years:
| Fiscal Year 2023
| Quarter Ended
| 6/30/2022 |  | 9/30/2022 |  | 12/31/2022 |  | 3/31/2023
Net sales | $ | 614,461 |  |  | $ | 875,614 |  |  | $ | 1,345,640 |  |  | $ | 791,571 |
Gross profit | 294,752 |  |  | 421,921 |  |  | 712,529 |  |  | 396,168 |
Income from operations | 56,341 |  |  | 127,831 |  |  | 362,660 |  |  | 105,919 |
Net income | 44,849 |  |  | 101,524 |  |  | 278,662 |  |  | 91,787 |
Net income per share |  |  |  |  |  |  |
Basic | $ | 1.67 |  |  | $ | 3.83 |  |  | $ | 10.55 |  |  | $ | 3.49 |
Diluted | $ | 1.66 |  |  | $ | 3.80 |  |  | $ | 10.48 |  |  | $ | 3.46 |
| Fiscal Year 2022
| Quarter Ended
| 6/30/2021 |  | 9/30/2021 |  | 12/31/2021 |  | 3/31/2022
Net sales | $ | 504,678 |  |  | $ | 721,902 |  |  | $ | 1,187,752 |  |  | $ | 736,007 |
Gross profit | 260,503 |  |  | 367,088 |  |  | 621,221 |  |  | 358,739 |
Income from operations | 61,832 |  |  | 128,181 |  |  | 293,396 |  |  | 81,298 |
Net income | 48,124 |  |  | 102,063 |  |  | 232,943 |  |  | 68,819 |
Net income per share |  |  |  |  |  |  |
Basic | $ | 1.73 |  |  | $ | 3.69 |  |  | $ | 8.49 |  |  | $ | 2.54 |
Diluted | $ | 1.71 |  |  | $ | 3.66 |  |  | $ | 8.42 |  |  | $ | 2.51 |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI https://asc.fasb.org/topic&trid=2126967 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=126900988&loc=SL124452896-108306 + Details
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