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Revenues | 6 Months Ended
--- | ---
Jun. 30, 2018
Revenue from Contract with Customer [Abstract] |
Revenues | REVENUES Disaggregated Revenue As disclosed below in Note 10, the Company has aggregated its operating segments into four geographic segments: (1) United States, (2) LAAP, (3) Europe, Middle East and Africa ("EMEA") and (4) Canada, which are reflective of the Company's internal organization, management and oversight structure. The following tables disaggregate our operating segment revenue by product category and sales channel (in thousands), which we believe provides a meaningful depiction how the nature, timing, and uncertainty of revenues are affected by economic factors:
|  | Three Months Ended June 30, 2018
|  | United States |  | LAAP |  | EMEA |  | Canada |  | Total
Product category revenues |  |  |  |  |  |  |  |  |  |
Apparel, Accessories and Equipment |  | $ | 250,394 |  |  | $ | 74,600 |  |  | $ | 56,881 |  |  | $ | 12,782 |  |  | $ | 394,657 |
Footwear |  | 29,776 |  |  | 26,284 |  |  | 28,105 |  |  | 2,797 |  |  | 86,962 |
Total |  | $ | 280,170 |  |  | $ | 100,884 |  |  | $ | 84,986 |  |  | $ | 15,579 |  |  | $ | 481,619 |
Sales channel revenues |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 129,166 |  |  | $ | 46,146 |  |  | $ | 78,003 |  |  | $ | 7,894 |  |  | $ | 261,209 |
Direct-to-consumer |  | 151,004 |  |  | 54,738 |  |  | 6,983 |  |  | 7,685 |  |  | 220,410 |
Total |  | $ | 280,170 |  |  | $ | 100,884 |  |  | $ | 84,986 |  |  | $ | 15,579 |  |  | $ | 481,619 |
|  | Three Months Ended June 30, 2017
|  | United States |  | LAAP |  | EMEA |  | Canada |  | Total
Product category revenues |  |  |  |  |  |  |  |  |  |
Apparel, Accessories and Equipment |  | $ | 216,091 |  |  | $ | 58,419 |  |  | $ | 43,864 |  |  | $ | 11,318 |  |  | $ | 329,692 |
Footwear |  | 22,102 |  |  | 21,054 |  |  | 23,525 |  |  | 2,531 |  |  | 69,212 |
Total |  | $ | 238,193 |  |  | $ | 79,473 |  |  | $ | 67,389 |  |  | $ | 13,849 |  |  | $ | 398,904 |
Sales channel revenues |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 108,183 |  |  | $ | 33,550 |  |  | $ | 62,131 |  |  | $ | 7,696 |  |  | $ | 211,560 |
Direct-to-consumer |  | 130,010 |  |  | 45,923 |  |  | 5,258 |  |  | 6,153 |  |  | 187,344 |
Total |  | $ | 238,193 |  |  | $ | 79,473 |  |  | $ | 67,389 |  |  | $ | 13,849 |  |  | $ | 398,904 |
|  | Six Months Ended June 30, 2018
|  | United States |  | LAAP |  | EMEA |  | Canada |  | Total
Product category revenues |  |  |  |  |  |  |  |  |  |
Apparel, Accessories and Equipment |  | $ | 563,720 |  |  | $ | 170,980 |  |  | $ | 104,356 |  |  | $ | 45,560 |  |  | $ | 884,616 |
Footwear |  | 79,294 |  |  | 61,473 |  |  | 52,405 |  |  | 11,139 |  |  | 204,311 |
Total |  | $ | 643,014 |  |  | $ | 232,453 |  |  | $ | 156,761 |  |  | $ | 56,699 |  |  | $ | 1,088,927 |
Sales channel revenues |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 316,006 |  |  | $ | 114,333 |  |  | $ | 135,584 |  |  | $ | 39,225 |  |  | $ | 605,148 |
Direct-to-consumer |  | 327,008 |  |  | 118,120 |  |  | 21,177 |  |  | 17,474 |  |  | 483,779 |
Total |  | $ | 643,014 |  |  | $ | 232,453 |  |  | $ | 156,761 |  |  | $ | 56,699 |  |  | $ | 1,088,927 |
|  | Six Months Ended June 30, 2017
|  | United States |  | LAAP |  | EMEA |  | Canada |  | Total
Product category revenues |  |  |  |  |  |  |  |  |  |
Apparel, Accessories and Equipment |  | $ | 502,834 |  |  | $ | 145,188 |  |  | $ | 80,693 |  |  | $ | 41,056 |  |  | $ | 769,771 |
Footwear |  | 68,543 |  |  | 52,629 |  |  | 42,030 |  |  | 9,724 |  |  | 172,926 |
Total |  | $ | 571,377 |  |  | $ | 197,817 |  |  | $ | 122,723 |  |  | $ | 50,780 |  |  | $ | 942,697 |
Sales channel revenues |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 291,179 |  |  | $ | 102,770 |  |  | $ | 108,616 |  |  | $ | 37,845 |  |  | $ | 540,410 |
Direct-to-consumer |  | 280,198 |  |  | 95,047 |  |  | 14,107 |  |  | 12,935 |  |  | 402,287 |
Total |  | $ | 571,377 |  |  | $ | 197,817 |  |  | $ | 122,723 |  |  | $ | 50,780 |  |  | $ | 942,697 |
Accounting Policies Revenues are recognized when our performance obligations are satisfied as evidenced by transfer of control of promised goods to our customers, in an amount that reflects the consideration we expect to be entitled to receive in exchange for those goods or services. Within our wholesale channel, control generally transfers to the customer upon shipment to, or upon receipt by, the customer depending on the terms of sale with the customer. Within our direct-to-consumer ("DTC") channel, control generally transfers to the customer at the time of sale within our retail stores and concession-based arrangements and upon shipment to the customer with respect to e-commerce transactions. The amount of consideration we receive and revenue we recognize across both wholesale and DTC channels varies with changes in sales returns and other accommodations and incentives we offer to our customers. When we give our customers the right to return products or provide other accommodations such as chargebacks and markdowns, we estimate the expected returns and claims based on historical rates as well as events and circumstances that indicate changes to historical rates of product returns and claims. We adjust our estimates of revenue at the earlier of when the most likely amount of consideration we expect to receive changes or when the amount of consideration becomes fixed. Licensing income, which is presented separately as Net licensing income on the Condensed Consolidated Statements of Operations and represents less than 1% of total revenue, is recognized over time based on the greater of contractual minimum royalty guarantees and actual, or estimated, sales of licensed products by our licensees. We expense sales commissions when incurred, which is generally at the time of sale, because the amortization period would have been one year or less. These costs are recorded within SG&A expenses. We treat shipping and handling activities as fulfillment costs, and as such recognize the costs for these activities at the time related revenue is recognized. The majority of these costs are recorded as SG&A expenses, and the direct costs associated with shipping goods to customers and consumers are recorded as costs of goods sold. Shipping and handling fees billed to customers are recorded as revenue. Revenue recognized from contracts with customers is recorded net of sales taxes, value added taxes, or similar taxes that are collected on behalf of local taxing authorities. Performance Obligations For the three and six months ended June 30, 2018, revenue recognized from performance obligations related to prior periods was not material. Revenue expected to be recognized in any future period related to remaining performance obligations is not material. Contract Balances As of June 30, 2018, contract liabilities recorded on the Condensed Consolidated Balance Sheets, which consisted of obligations associated with our gift card and customer loyalty programs, were not material.

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
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