XML 23 R11.htm IDEA: XBRL DOCUMENT
v3.25.2

Revenues | 6 Months Ended
--- | ---
Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Revenue from Contract with Customer [Text Block] |
NOTE 2 — REVENUES
DISAGGREGATED REVENUE As disclosed below in Note 3, the Company has four geographic reportable segments: United States ("U.S."), Latin America and Asia Pacific ("LAAP"), Europe, Middle East and Africa ("EMEA"), and Canada. The following tables disaggregate the Company's reportable segment Net sales by product category and channel, which the Company believes provides a meaningful depiction of how the nature, timing and uncertainty of Net sales are affected by economic factors:
|  | Three Months Ended June 30, 2025
(in thousands) |  | U.S. |  | LAAP |  | EMEA |  | Canada |  | Total
Product category net sales |  |  |  |  |  |  |  |  |  |
Apparel, Accessories and Equipment |  | $ | 291,406 |  |  | $ | 84,945 |  |  | $ | 96,435 |  |  | $ | 21,516 |  |  | $ | 494,302 |
Footwear |  | 43,711 |  |  | 27,388 |  |  | 34,127 |  |  | 5,718 |  |  | 110,944 |
Total |  | $ | 335,117 |  |  | $ | 112,333 |  |  | $ | 130,562 |  |  | $ | 27,234 |  |  | $ | 605,246 |
Channel net sales |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 137,921 |  |  | $ | 58,033 |  |  | $ | 107,590 |  |  | $ | 13,674 |  |  | $ | 317,218 |
Direct-to-consumer |  | 197,196 |  |  | 54,300 |  |  | 22,972 |  |  | 13,560 |  |  | 288,028 |
Total |  | $ | 335,117 |  |  | $ | 112,333 |  |  | $ | 130,562 |  |  | $ | 27,234 |  |  | $ | 605,246 |
|  | Three Months Ended June 30, 2024
(in thousands) |  | U.S. |  | LAAP |  | EMEA |  | Canada |  | Total
Product category net sales |  |  |  |  |  |  |  |  |  |
Apparel, Accessories and Equipment |  | $ | 292,353 |  |  | $ | 73,538 |  |  | $ | 76,742 |  |  | $ | 21,307 |  |  | $ | 463,940 |
Footwear |  | 47,875 |  |  | 25,946 |  |  | 27,180 |  |  | 5,303 |  |  | 106,304 |
Total |  | $ | 340,228 |  |  | $ | 99,484 |  |  | $ | 103,922 |  |  | $ | 26,610 |  |  | $ | 570,244 |
Channel net sales |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 132,394 |  |  | $ | 47,414 |  |  | $ | 86,755 |  |  | $ | 11,821 |  |  | $ | 278,384 |
Direct-to-consumer |  | 207,834 |  |  | 52,070 |  |  | 17,167 |  |  | 14,789 |  |  | 291,860 |
Total |  | $ | 340,228 |  |  | $ | 99,484 |  |  | $ | 103,922 |  |  | $ | 26,610 |  |  | $ | 570,244 |
|  | Six Months Ended June 30, 2025
(in thousands) |  | U.S. |  | LAAP |  | EMEA |  | Canada |  | Total
Product category net sales: |  |  |  |  |  |  |  |  |  |
Apparel, accessories and equipment |  | $ | 685,039 |  |  | $ | 205,237 |  |  | $ | 173,418 |  |  | $ | 59,428 |  |  | $ | 1,123,122 |
Footwear |  | 121,259 |  |  | 59,306 |  |  | 64,624 |  |  | 15,387 |  |  | 260,576 |
Total |  | $ | 806,298 |  |  | $ | 264,543 |  |  | $ | 238,042 |  |  | $ | 74,815 |  |  | $ | 1,383,698 |
Channel net sales: |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 356,755 |  |  | $ | 136,593 |  |  | $ | 181,596 |  |  | $ | 42,043 |  |  | $ | 716,987 |
Direct-to-consumer |  | 449,543 |  |  | 127,950 |  |  | 56,446 |  |  | 32,772 |  |  | 666,711 |
Total |  | $ | 806,298 |  |  | $ | 264,543 |  |  | $ | 238,042 |  |  | $ | 74,815 |  |  | $ | 1,383,698 |
|  | Six Months Ended June 30, 2024
(in thousands) |  | U.S. |  | LAAP |  | EMEA |  | Canada |  | Total
Product category net sales: |  |  |  |  |  |  |  |  |  |
Apparel, accessories and equipment |  | $ | 689,841 |  |  | $ | 181,501 |  |  | $ | 149,132 |  |  | $ | 62,520 |  |  | $ | 1,082,994 |
Footwear |  | 124,793 |  |  | 56,629 |  |  | 59,310 |  |  | 16,500 |  |  | 257,232 |
Total |  | $ | 814,634 |  |  | $ | 238,130 |  |  | $ | 208,442 |  |  | $ | 79,020 |  |  | $ | 1,340,226 |
Channel net sales: |  |  |  |  |  |  |  |  |  |
Wholesale |  | $ | 349,528 |  |  | $ | 114,445 |  |  | $ | 162,503 |  |  | $ | 42,805 |  |  | $ | 669,281 |
Direct-to-consumer |  | 465,106 |  |  | 123,685 |  |  | 45,939 |  |  | 36,215 |  |  | 670,945 |
Total |  | $ | 814,634 |  |  | $ | 238,130 |  |  | $ | 208,442 |  |  | $ | 79,020 |  |  | $ | 1,340,226 |
PERFORMANCE OBLIGATIONS For the three and six months ended June 30, 2025 and 2024, Net sales recognized from performance obligations related to prior periods were not material. Net sales expected to be recognized in any future period related to remaining performance obligations are not material. CONTRACT BALANCES As of June 30, 2025, December 31, 2024 and June 30, 2024, the Company did not have any contract assets and had an immaterial amount of contract liabilities included in Accrued liabilities on the unaudited Condensed Consolidated Balance Sheets.

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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration