Annual report pursuant to Section 13 and 15(d)

Segment and Geographic Information (Tables)

v3.20.4
Segment and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Reporting Information Sales, gross profit and identifiable assets for the Company’s segments were as follows:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2020

 

 

2019

 

 

2018

 

Sales

 

 

 

 

 

 

 

 

 

 

 

 

Domestic Wholesale

 

$

1,126,564

 

 

$

1,247,550

 

 

$

1,259,615

 

International Wholesale

 

 

2,257,846

 

 

 

2,462,632

 

 

 

2,054,770

 

Direct-to-Consumer

 

 

1,213,004

 

 

 

1,509,869

 

 

 

1,327,683

 

Total

 

$

4,597,414

 

 

$

5,220,051

 

 

$

4,642,068

 

Gross profit

 

 

 

 

 

 

 

 

 

 

 

 

Domestic Wholesale

 

$

431,603

 

 

$

457,944

 

 

$

468,340

 

International Wholesale

 

 

1,023,183

 

 

 

1,133,573

 

 

 

976,739

 

Direct-to-Consumer

 

 

734,995

 

 

 

899,640

 

 

 

778,526

 

Total

 

$

2,189,781

 

 

$

2,491,157

 

 

$

2,223,605

 

Additions to property, plant and equipment

 

 

 

 

 

 

 

 

 

 

 

 

Domestic Wholesale

 

$

129,165

 

 

$

75,037

 

 

$

29,717

 

International Wholesale

 

 

120,983

 

 

 

109,205

 

 

 

63,316

 

Direct-to-Consumer

 

 

59,768

 

 

 

51,869

 

 

 

50,003

 

Total

 

$

309,916

 

 

$

236,111

 

 

$

143,036

 

 

 

 

As of December 31,

 

(in thousands)

 

2020

 

 

2019

 

Identifiable assets

 

 

 

 

 

 

 

 

Domestic Wholesale

 

$

1,945,681

 

 

$

1,472,323

 

International Wholesale

 

 

2,436,568

 

 

 

2,100,042

 

Direct-to-Consumer

 

 

1,430,120

 

 

 

1,320,578

 

Total

 

$

5,812,369

 

 

$

4,892,943

 

Geographic Information

The following summarizes the Company’s operations in different geographic areas:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2020

 

 

2019

 

 

2018

 

Sales (1)

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

1,913,409

 

 

$

2,197,391

 

 

$

2,128,100

 

International

 

 

2,684,005

 

 

 

3,022,660

 

 

 

2,513,968

 

Total

 

$

4,597,414

 

 

$

5,220,051

 

 

$

4,642,068

 

 

 

 

 

As of December 31,

 

(in thousands)

 

2020

 

 

2019

 

Property, plant and equipment, net (1)

 

 

 

 

 

 

 

 

United States

 

$

535,648

 

 

$

439,132

 

International

 

 

399,793

 

 

 

299,793

 

Total

 

$

935,441

 

 

$

738,925

 

 

(1)

During the years ended December 31, 2020, 2019 and 2018, sales in China were $924.5 million, $850.0 million and $744.0 million. Property, plant and equipment, net in China was $241.6 million and $146.1 million at December 31, 2020 and 2019.

Company's Top Five Manufacturers Produced

The Company’s top five manufacturers produced the following:

 

 

 

Percentage of Total Production

Year Ended December 31,

 

 

 

2020

 

 

2019

 

 

2018

 

Manufacturer #1

 

 

21.0

%

 

 

16.0

%

 

 

12.8

%

Manufacturer #2

 

 

6.2

%

 

 

7.3

%

 

 

10.1

%

Manufacturer #3

 

 

5.8

%

 

 

7.2

%

 

 

8.6

%

Manufacturer #4

 

 

4.9

%

 

 

5.1

%

 

 

5.4

%

Manufacturer #5

 

 

4.2

%

 

 

5.0

%

 

 

5.0

%

 

 

 

42.1

%

 

 

40.6

%

 

 

41.9

%

Summary of Accounts Receivables Excluding the Allowance for Bad Debts Sales Returns and Chargebacks

The Company’s accounts receivables, excluding the allowance for bad debts, sales returns and chargebacks, in different geographic areas are summarized as follows:

 

 

 

As of December 31,

 

(in thousands)

 

2020

 

 

2019

 

Domestic Accounts Receivable

 

$

230,546

 

 

$

228,533

 

Foreign Accounts Receivable

 

 

437,816

 

 

 

440,876