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Operating Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

(in thousands)			Wholesale Footwear						Wholesale Accessories/Apparel						Direct-to- Consumer						First Cost						Licensing						Total(1)
For the Year Ended December 31, 2024
Total revenue			$	1,059,440					$	662,673					$	550,153					$	—					$	10,661					$	2,282,927
Less: Cost of sales(2)			692,839						449,676						203,480						—						—						1,345,995
Gross profit			366,601						212,997						346,673						—						10,661						936,932
Less: Change in valuation of contingent consideration liability(2)			—						2,722						—						—						—						2,722
Less: Impairment of intangibles(2)			—						8,635						1,700						—						—						10,335
Less: Salaries and related expense(2)			70,727						53,074						74,910						—						1,221						199,932
Less: Other segment items(3)			104,662						58,132						239,093						—						379						402,266
Income from operations			$	191,212					$	90,434					$	30,970					$	—					$	9,061					$	321,677

(1) There were no inter-segment revenue transactions during any of the periods presented, and therefore, total segment revenue represents consolidated revenue.

(2) The significant expense categories and amounts align with segment-level information that is regularly provided to the CODM.

(3) Other segment items in the Wholesale Footwear, Wholesale Accessories/Apparel, and Direct-to-Consumer segments consist of the following: warehouse and shipping, advertising and promotion, occupancy, depreciation and amortization, and other miscellaneous costs. Other segment items in the Licensing segment consists of advertising and promotion and other miscellaneous costs.

(in thousands)			Wholesale Footwear						Wholesale Accessories/Apparel						Direct-to- Consumer						First Cost						Licensing						Total(1)
For the Year Ended December 31, 2023
Total revenue			$	1,048,448					$	416,532					$	506,494					$	—					$	10,108					$	1,981,582
Less: Cost of sales(2)			677,817						281,364						189,987						—						—						1,149,168
Gross profit			370,631						135,168						316,507						—						10,108						832,414
Less: Impairment of intangibles(2)			—						—						6,502						—						—						6,502
Less: Salaries and related expense(2)			65,135						33,312						69,324						—						1,193						168,964
Less: Other segment items(3)			100,546						40,428						210,521						—						488						351,983
Income from operations			$	204,950					$	61,428					$	30,160					$	—					$	8,427					$	304,965

(1) There were no inter-segment revenue transactions during any of the periods presented, and therefore, total segment revenue represents consolidated revenue.

(2) The significant expense categories and amounts align with segment-level information that is regularly provided to the CODM.

(3) Other segment items in the Wholesale Footwear, Wholesale Accessories/Apparel, and Direct-to-Consumer segments consist of the following: warehouse and shipping, advertising and promotion, occupancy, depreciation and amortization, and other miscellaneous costs. Other segment items in the Licensing segment consists of advertising and promotion and other miscellaneous costs.

(in thousands)			Wholesale Footwear						Wholesale Accessories/Apparel						Direct-to- Consumer						First Cost						Licensing						Total(1)
For the Year Ended December 31, 2022
Total revenue			$	1,194,890					$	394,676					$	521,729					$	916					$	9,798					$	2,122,009
Less: Cost of sales(2)			763,809						294,591						189,773						—						—						1,248,173
Gross profit			431,081						100,085						331,956						916						9,798						873,836
Less: Change in valuation of contingent consideration liability(2)			—						5,807						—						—						—						5,807
Less: Salaries and related expense(2)			64,295						28,464						67,342						151						1,177						161,429
Less: Other segment items(3)			101,828						36,039						196,965						(1)						767						335,598
Income from operations			$	264,958					$	29,775					$	67,649					$	766					$	7,854					$	371,002

(1) There were no inter-segment revenue transactions during any of the periods presented, and therefore, total segment revenue represents consolidated revenue.

(2) The significant expense categories and amounts align with segment-level information that is regularly provided to the CODM.

(3) Other segment items in the Wholesale Footwear, Wholesale Accessories/Apparel, and Direct-to-Consumer segments consist of the following: warehouse and shipping, advertising and promotion, occupancy, depreciation and amortization, and other miscellaneous costs. Other segment items in the Licensing segment consists of advertising and promotion and other miscellaneous costs.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table reconciles total segment income from operations to income before provision for income taxes:

			Year Ended December 31,
(in thousands)			2024						2023						2022
Total segment income from operations			$	321,677					$	304,965					$	371,002
Corporate costs			(96,738)						(91,743)						(89,358)
Interest and other income - net			5,538						7,392						676
Income before provision for income taxes			$	230,477					$	220,614					$	282,320

Segment, Reconciliation of Other Items from Segments to Consolidated

The following table presents capital expenditures by segment:

			Year Ended December 31,
(in thousands)			2024						2023						2022
Wholesale Footwear			$	3,146					$	2,790					$	802
Wholesale Accessories/Apparel			212						141						277
Direct-to-Consumer			19,188						12,061						6,380
First Cost			—						—						4
Corporate(1)			3,365						4,478						8,888
Total			$	25,911					$	19,470					$	16,351

(1) Corporate does not constitute a reportable segment and includes costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cybersecurity, and other shared services.

The following table presents depreciation and amortization by segment:

			Year Ended December 31,
(in thousands)			2024						2023						2022
Wholesale Footwear			$	2,934					$	2,452					$	2,433
Wholesale Accessories/Apparel			4,465						2,569						9,439
Direct-to-Consumer			6,953						4,590						3,740
Corporate(1)			5,658						5,890						4,964
Total			$	20,010					$	15,501					$	20,576

(1) Corporate does not constitute a reportable segment and includes costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cybersecurity, and other shared services

Revenue from External Customers by Geographic Areas

The following table presents revenues by geographic area:

			Year Ended December 31,
(in thousands)			2024						2023						2022
Domestic(1)			$	1,858,725					$	1,601,098					$	1,772,711
International			424,202						380,484						349,298
Total			$	2,282,927					$	1,981,582					$	2,122,009

(1) Includes revenues of $331,939, $272,794, and $305,437, respectively, for the years ended 2024, 2023, and 2022, respectively, related to sales to U.S. customers where the title is transferred outside the U.S. and the sale is recorded by the Company's international entities.

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