XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.20.2

Net Revenues | 6 Months Ended
--- | ---
May 24, 2020
Revenue from Contract with Customer [Abstract] |
Net Revenues | NET REVENUES Disaggregated Revenue The table below provides the Company's revenues disaggregated by segment and channel.
| Three Months Ended May 24, 2020 (1)
| Americas |  | Europe |  | Asia |  | Total
| (Dollars in thousands)
Net revenues by channel: |  |  |  |  |  |  |
Wholesale | $ | 206,440 |  |  | $ | 70,186 |  |  | $ | 24,100 |  |  | $ | 300,726 |
Direct-to-consumer | 76,288 |  |  | 58,837 |  |  | 61,691 |  |  | 196,816 |
Total net revenues | $ | 282,728 |  |  | $ | 129,023 |  |  | $ | 85,791 |  |  | $ | 497,542 |
| Six Months Ended May 24, 2020 (1)
| Americas |  | Europe |  | Asia |  | Total
| (Dollars in thousands)
Net revenues by channel: |  |  |  |  |  |  |
Wholesale | $ | 667,306 |  |  | $ | 347,141 |  |  | $ | 162,603 |  |  | $ | 1,177,050 |
Direct-to-consumer | 361,002 |  |  | 294,825 |  |  | 170,791 |  |  | 826,618 |
Total net revenues | $ | 1,028,308 |  |  | $ | 641,966 |  |  | $ | 333,394 |  |  | $ | 2,003,668 |
_____________
(1) | Net revenues were adversely impacted by the COVID-19 pandemic, including as a result of temporary store closures and reduced traffic and consumer spending trends. The Company’s wholesale customers also experienced significant business disruptions as a result of the pandemic, resulting in a significant decrease in the Company’s revenue from both channels. See Note 1 for more information.
| Three Months Ended May 26, 2019
| Americas |  | Europe |  | Asia |  | Total
| (Dollars in thousands)
Net revenues by channel: |  |  |  |  |  |  |
Wholesale | $ | 487,958 |  |  | $ | 207,980 |  |  | $ | 115,736 |  |  | $ | 811,674 |
Direct-to-consumer | 204,740 |  |  | 190,389 |  |  | 106,137 |  |  | 501,266 |
Total net revenues | $ | 692,698 |  |  | $ | 398,369 |  |  | $ | 221,873 |  |  | $ | 1,312,940 |
| Six Months Ended May 26, 2019
| Americas |  | Europe |  | Asia |  | Total
| (Dollars in thousands)
Net revenues by channel: |  |  |  |  |  |  |
Wholesale | $ | 971,759 |  |  | $ | 460,913 |  |  | $ | 248,311 |  |  | $ | 1,680,983 |
Direct-to-consumer | 438,203 |  |  | 402,132 |  |  | 226,080 |  |  | 1,066,415 |
Total net revenues | $ | 1,409,962 |  |  | $ | 863,045 |  |  | $ | 474,391 |  |  | $ | 2,747,398 |
The Company did not have any material contract assets or contract liabilities recorded in the consolidated balance sheets as of May 24, 2020 and November 24, 2019.

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

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration