| Segment and Geographic Reporting Information |
(9) SEGMENT AND
GEOGRAPHIC REPORTING INFORMATION
We have four
reportable segments – domestic wholesale sales, international
wholesale sales, retail sales, and e-commerce sales. Management
evaluates segment performance based primarily on net sales and
gross profit. All other costs and expenses of the Company are
analyzed on an aggregate basis, and these costs are not allocated
to the Company’s segments. Net sales, gross margins,
identifiable assets and additions to property and equipment for the
domestic wholesale, international wholesale, retail, and the
e-commerce segments on a combined basis were as follows (in
thousands):
|
|
|
|
|
|
|
|
|
| |
|
Three-Months Ended March 31, |
|
| |
|
2013 |
|
|
2012 |
|
|
Net sales
|
|
|
|
|
|
|
|
|
|
Domestic
wholesale
|
|
$ |
192,562 |
|
|
$ |
133,716 |
|
|
International
wholesale
|
|
|
141,765 |
|
|
|
117,504 |
|
|
Retail
|
|
|
111,199 |
|
|
|
95,138 |
|
|
E-commerce
|
|
|
6,095 |
|
|
|
4,916 |
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
451,621 |
|
|
$ |
351,274 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three-Months Ended March 31, |
|
| |
|
2013 |
|
|
2012 |
|
|
Gross margins
|
|
|
|
|
|
|
|
|
|
Domestic
wholesale
|
|
$ |
66,817 |
|
|
$ |
51,872 |
|
|
International
wholesale
|
|
|
58,799 |
|
|
|
47,623 |
|
|
Retail
|
|
|
64,237 |
|
|
|
54,062 |
|
|
E-commerce
|
|
|
2,879 |
|
|
|
2,139 |
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
192,732 |
|
|
$ |
155,696 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
March 31, 2013 |
|
|
December 31, 2012 |
|
|
Identifiable
assets
|
|
|
|
|
|
|
|
|
|
Domestic
wholesale
|
|
$ |
777,395 |
|
|
$ |
820,253 |
|
|
International
wholesale
|
|
|
326,332 |
|
|
|
367,005 |
|
|
Retail
|
|
|
157,988 |
|
|
|
152,795 |
|
|
E-commerce
|
|
|
337 |
|
|
|
167 |
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
1,262,052 |
|
|
$ |
1,340,220 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three-Months Ended March 31, |
|
| |
|
2013 |
|
|
2012 |
|
|
Additions to property,
plant and equipment
|
|
|
|
|
|
|
|
|
|
Domestic
wholesale
|
|
$ |
2,072 |
|
|
$ |
4,133 |
|
|
International
wholesale
|
|
|
227 |
|
|
|
559 |
|
|
Retail
|
|
|
5,475 |
|
|
|
6,896 |
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
7,774 |
|
|
$ |
11,588 |
|
|
|
|
|
|
|
|
|
|
Geographic
Information:
The following
summarizes our operations in different geographic areas for the
period indicated (in thousands):
|
|
|
|
|
|
|
|
|
| |
|
Three-Months Ended March 31, |
|
| |
|
2013 |
|
|
2012 |
|
|
Net sales (1)
|
|
|
|
|
|
|
|
|
|
United States
|
|
$ |
294,542 |
|
|
$ |
221,177 |
|
|
Canada
|
|
|
16,914 |
|
|
|
12,291 |
|
|
Other international
(2)
|
|
|
140,165 |
|
|
|
117,806 |
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
451,621 |
|
|
$ |
351,274 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
March 31, 2013 |
|
|
December 31, 2012 |
|
|
Property, plant and
equipment
|
|
|
|
|
|
|
|
|
|
United States
|
|
$ |
344,939 |
|
|
$ |
345,202 |
|
|
Canada
|
|
|
1,123 |
|
|
|
1,252 |
|
|
Other international
(2)
|
|
|
15,338 |
|
|
|
15,992 |
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
361,400 |
|
|
$ |
362,446 |
|
|
|
|
|
|
|
|
|
|
| (1) |
The Company has
subsidiaries in Canada, United Kingdom, Germany, France, Spain,
Portugal, Italy, Belgium, the Netherlands, Japan, Brazil and Chile
that generate net sales within those respective countries and in
some cases the neighboring regions. The Company has joint ventures
in China, Hong Kong, Malaysia, Singapore, Thailand and India that
generate net sales from those countries. The Company also has a
subsidiary in Switzerland that generates net sales from that
country in addition to net sales to our distributors located in
numerous non-European countries. Net sales are attributable to
geographic regions based on the location of the Company
subsidiary. |
| (2) |
Other international
consists of Switzerland, United Kingdom, Germany, Austria, France,
Spain, Portugal, Italy, Belgium, the Netherlands, Brazil, Chile,
China, Hong Kong, Malaysia, Singapore, Thailand, Vietnam, India and
Japan. |
|