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Major Customer, Segment and Geographic Information
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Major Customer, Segment and Geographic Information
Major Customer, Segment and Geographic Information
Major Customer
Wholesale customers of the Company consist principally of major department stores and specialty retail stores located throughout the world. No individual customer accounts for 10% or more of the Company's net sales.
Segment Information
The Company reports segment information based on the "management approach". The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of the Company's reportable segments.
The Company manages its business primarily on a geographic basis. The Company's reportable operating segments are comprised of (i) Americas, (ii) Europe and (iii) Asia. Each reportable operating segment includes sales to wholesale and distributor customers, and sales through Company-owned retail stores and e-commerce activities based on the location of the selling entity. The Americas segment primarily includes sales to customers based in Canada, Latin America and the United States. The Europe segment primarily includes sales to customers based in European countries, the Middle East and Africa. The Asia segment primarily includes sales to customers based in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand. Each reportable operating segment provides similar products and services.
The Company evaluates the performance of its reportable segments based on net sales and operating income. Net sales for geographic segments are based on the location of the selling entity. Operating income for each segment includes net sales to third parties, related cost of sales and operating expenses directly attributable to the segment. General corporate expenses, including certain administrative, legal, accounting, technology support costs, equity compensation costs, payroll costs attributable to executive management, brand management, product development, art, creative/product design, marketing, strategy, compliance and back office supply chain expenses are not allocated to the various segments because they are managed at the corporate level internally. The Company does not include intercompany transfers between segments for management reporting purposes.
Summary information by operating segment was as follows (in thousands):
 
Fiscal Year 2016
 
Net Sales
 
Operating
Income
 
Depreciation
and
Amortization
 
Long-term
Assets
 
Total Assets
Americas
$
1,524,912

 
$
241,118

 
$
22,612

 
$
313,437

 
$
741,082

Europe
1,002,076

 
174,205

 
22,505

 
237,801

 
534,413

Asia
515,383

 
77,626

 
12,676

 
81,434

 
237,695

Corporate
 
 
(365,803
)
 
33,704

 
206,935

 
673,707

Consolidated
$
3,042,371

 
$
127,146

 
$
91,497

 
$
839,607

 
$
2,186,897

 
Fiscal Year 2015
 
Net Sales
 
Operating
Income
 
Depreciation
and
Amortization
 
Long-term
Assets
 
Total Assets
Americas
$
1,661,899

 
$
354,295

 
$
26,021

 
$
427,026

 
$
905,168

Europe
1,069,820

 
210,514

 
21,671

 
204,947

 
543,649

Asia
497,117

 
71,684

 
13,073

 
57,754

 
203,304

Corporate
 
 
(345,259
)
 
24,532

 
223,264

 
703,540

Consolidated
$
3,228,836

 
$
291,234

 
$
85,297

 
$
912,991

 
$
2,355,661

 
Fiscal Year 2014
 
Net Sales
 
Operating
Income
 
Depreciation
and
Amortization
 
Long-term
Assets
 
Total Assets
Americas
$
1,747,506

 
$
463,246

 
$
24,846

 
$
261,992

 
$
778,870

Europe
1,195,948

 
287,961

 
20,028

 
220,757

 
561,575

Asia
566,237

 
116,288

 
12,676

 
64,175

 
233,884

Corporate
 
 
(300,959
)
 
25,780

 
175,964

 
603,131

Consolidated
$
3,509,691

 
$
566,536

 
$
83,330

 
$
722,888

 
$
2,177,460


The following table indicates revenue for each class of similar products for fiscal years 2016, 2015 and 2014 (in thousands):
 
Fiscal Year 2016
 
Fiscal Year 2015
 
Fiscal Year 2014
 
Net Sales
 
Percentage
of Total
 
Net Sales
 
Percentage
of Total
 
Net Sales
 
Percentage
of Total
Watches
$
2,330,275

 
76.6
%
 
$
2,475,814

 
76.7
%
 
$
2,736,511

 
78.0
%
Leathers
393,761

 
12.9

 
409,381

 
12.7

 
419,391

 
11.9

Jewelry
251,391

 
8.3

 
272,146

 
8.4

 
276,485

 
7.9

Other
66,944

 
2.2

 
71,495

 
2.2

 
77,304

 
2.2

Total
$
3,042,371

 
100.0
%
 
$
3,228,836

 
100.0
%
 
$
3,509,691

 
100.0
%

Geographic Information
Net sales and long-lived assets related to the Company's operations in the U.S., Europe, Asia and all other international markets were as follows (in thousands):
 
Fiscal Year 2016
 
Net Sales(1)
 
Long-term
Assets
United States
$
1,355,586

 
$
470,358

Europe
1,002,077

(2)
260,277

Asia
515,383

 
93,111

All other international
169,325

 
15,861

Consolidated
$
3,042,371

 
$
839,607

 
Fiscal Year 2015
 
Net Sales(1)
 
Long-term
Assets
United States
$
1,491,638

 
$
379,461

Europe
1,069,820

(2)
224,018

Asia
497,117

 
66,140

All other international
170,261

 
243,372

Consolidated
$
3,228,836

 
$
912,991

 
Fiscal Year 2014
 
Net Sales(1)
 
Long-term
Assets
United States
$
1,588,566

 
$
394,393

Europe
1,195,948

(2)
236,278

Asia
566,237

 
74,468

All other international
158,940

 
17,749

Consolidated
$
3,509,691

 
$
722,888

_______________________________________________________________________________
(1)
Net sales are based on the location of the selling entity.
(2)
Net sales from Germany accounted for more than 10% of the Company's consolidated net sales and were approximately $467.7 million, $505.4 million and $612.5 million in fiscal years 2016, 2015 and 2014, respectively.