Segment and Geographic Information (Tables)
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3 Months Ended |
Mar. 31, 2021 |
|---|
| Segment Reporting [Abstract] |
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| Segment Reporting Information |
|
|
|
Three Months Ended March 31,
|
|
|
(in thousands)
|
|
2021
|
|
|
2020
|
|
|
Sales
|
|
|
|
|
|
|
|
|
|
Domestic Wholesale
|
|
$
|
374,665
|
|
|
$
|
377,962
|
|
|
International Wholesale
|
|
|
712,175
|
|
|
|
575,199
|
|
|
Direct-to-Consumer
|
|
|
341,578
|
|
|
|
289,184
|
|
|
Total
|
|
$
|
1,428,418
|
|
|
$
|
1,242,345
|
|
|
Gross profit
|
|
|
|
|
|
|
|
|
|
Domestic Wholesale
|
|
$
|
139,924
|
|
|
$
|
145,277
|
|
|
International Wholesale
|
|
|
320,781
|
|
|
|
240,475
|
|
|
Direct-to-Consumer
|
|
|
218,917
|
|
|
|
161,916
|
|
|
Total
|
|
$
|
679,622
|
|
|
$
|
547,668
|
|
|
Sales (1)
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|
|
|
|
|
|
|
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|
United States
|
|
$
|
602,117
|
|
|
$
|
555,174
|
|
|
International
|
|
|
826,301
|
|
|
|
687,171
|
|
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Total
|
|
$
|
1,428,418
|
|
|
$
|
1,242,345
|
|
|
|
(1)
|
During the three months ended March 31, 2021 and 2020, sales in China were $250.6 million and $91.3 million.
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|
| Geographic Information |
The following summarizes the Company’s assets by segment and geographic area for the periods indicated:
|
(in thousands)
|
|
As of
March 31, 2021
|
|
|
As of
December 31, 2020
|
|
|
Identifiable assets
|
|
|
|
|
|
|
|
|
|
Domestic Wholesale
|
|
$
|
1,971,630
|
|
|
$
|
1,945,681
|
|
|
International Wholesale
|
|
|
2,616,429
|
|
|
|
2,436,568
|
|
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Direct-to-Consumer
|
|
|
1,397,507
|
|
|
|
1,430,120
|
|
|
Total
|
|
$
|
5,985,566
|
|
|
$
|
5,812,369
|
|
|
|
|
Three Months Ended March 31,
|
|
|
(in thousands)
|
|
2021
|
|
|
2020
|
|
|
Additions to property, plant and equipment
|
|
|
|
|
|
|
|
|
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Domestic Wholesale
|
|
$
|
64,121
|
|
|
$
|
11,818
|
|
|
International Wholesale
|
|
|
10,813
|
|
|
|
44,900
|
|
|
Direct-to-Consumer
|
|
|
9,303
|
|
|
|
18,169
|
|
|
Total
|
|
$
|
84,237
|
|
|
$
|
74,887
|
|
|
(in thousands)
|
|
As of
March 31, 2021
|
|
|
As of
December 31, 2020
|
|
|
Property, plant and equipment, net (1)
|
|
|
|
|
|
|
|
|
|
United States
|
|
$
|
588,542
|
|
|
$
|
535,648
|
|
|
International
|
|
|
403,970
|
|
|
|
399,793
|
|
|
Total
|
|
$
|
992,512
|
|
|
$
|
935,441
|
|
|
|
(1)
|
Property, plant and equipment, net in China was $245.4 million and $241.6 million at March 31, 2021 and December 31, 2020.
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| 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:
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(in thousands)
|
|
As of
March 31, 2021
|
|
|
As of
December 31, 2020
|
|
|
Domestic Accounts Receivable
|
|
$
|
314,131
|
|
|
$
|
230,546
|
|
|
Foreign Accounts Receivable
|
|
|
532,173
|
|
|
|
437,816
|
|
|
| Company's Top Five Manufacturers Produced, as Percentage of Total Production |
For the periods presented below, the Company’s top five manufacturers produced, as a percentage of total production, the following:
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|
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Three Months Ended March 31,
|
|
|
|
|
2021
|
|
|
2020
|
|
|
Manufacturer #1
|
|
|
18.6
|
%
|
|
|
24.9
|
%
|
|
Manufacturer #2
|
|
|
5.0
|
%
|
|
|
7.5
|
%
|
|
Manufacturer #3
|
|
|
4.8
|
%
|
|
|
6.7
|
%
|
|
Manufacturer #4
|
|
|
4.8
|
%
|
|
|
3.9
|
%
|
|
Manufacturer #5
|
|
|
4.3
|
%
|
|
|
3.7
|
%
|
|
|
|
|
37.5
|
%
|
|
|
46.7
|
%
|
|