Segment and Geographic Information (Tables)
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9 Months Ended |
Sep. 30, 2021 |
|---|
| Segment Reporting [Abstract] |
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| Segment Reporting Information |
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|
Three Months Ended September 30,
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|
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Nine Months Ended September 30,
|
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|
(in thousands)
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|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
|
Sales
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
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Domestic Wholesale
|
|
$
|
350,672
|
|
|
$
|
318,449
|
|
|
$
|
1,124,989
|
|
|
$
|
827,148
|
|
|
International Wholesale
|
|
|
711,886
|
|
|
|
643,393
|
|
|
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2,174,252
|
|
|
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1,603,774
|
|
|
Direct-to-Consumer
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|
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488,399
|
|
|
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339,044
|
|
|
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1,337,906
|
|
|
|
841,781
|
|
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Total
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|
$
|
1,550,957
|
|
|
$
|
1,300,886
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|
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$
|
4,637,147
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|
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$
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3,272,703
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|
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Gross profit
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Domestic Wholesale
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|
$
|
126,233
|
|
|
$
|
123,122
|
|
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$
|
421,331
|
|
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$
|
318,824
|
|
|
International Wholesale
|
|
|
319,557
|
|
|
|
295,565
|
|
|
|
989,403
|
|
|
|
716,489
|
|
|
Direct-to-Consumer
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|
|
323,654
|
|
|
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206,434
|
|
|
|
887,826
|
|
|
|
506,041
|
|
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Total
|
|
$
|
769,444
|
|
|
$
|
625,121
|
|
|
$
|
2,298,560
|
|
|
$
|
1,541,354
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|
.
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Sales (1)
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|
|
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United States
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$
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645,577
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$
|
537,528
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$
|
1,974,328
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|
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$
|
1,386,522
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|
|
International
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|
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905,380
|
|
|
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763,358
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|
|
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2,662,819
|
|
|
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1,886,181
|
|
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Total
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|
$
|
1,550,957
|
|
|
$
|
1,300,886
|
|
|
$
|
4,637,147
|
|
|
$
|
3,272,703
|
|
|
|
(1)
|
During the three months ended September 30, 2021 and 2020, sales in China were $278.1 million and $252.8 million. During the nine months ended September 30, 2021 and 2020, sales in China were $845.6 million and $554.1 million.
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| Geographic Information |
The following summarizes the Company’s assets by segment and geographic area:
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(in thousands)
|
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As of September 30,
2021
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|
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As of December 31,
2020
|
|
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Identifiable assets
|
|
|
|
|
|
|
|
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Domestic Wholesale
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|
$
|
1,751,449
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|
|
$
|
1,945,681
|
|
|
International Wholesale
|
|
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2,743,201
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|
|
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2,436,568
|
|
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Direct-to-Consumer
|
|
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1,406,925
|
|
|
|
1,430,120
|
|
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Total
|
|
$
|
5,901,575
|
|
|
$
|
5,812,369
|
|
|
|
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Three Months Ended September 30,
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|
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Nine Months Ended September 30,
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(in thousands)
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|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
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Additions to property, plant and equipment
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|
|
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|
|
|
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|
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Domestic Wholesale
|
|
$
|
42,183
|
|
|
$
|
36,036
|
|
|
$
|
144,015
|
|
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$
|
71,245
|
|
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International Wholesale
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|
|
16,302
|
|
|
|
13,647
|
|
|
|
41,363
|
|
|
|
96,091
|
|
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Direct-to-Consumer
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30,922
|
|
|
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13,881
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|
|
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50,248
|
|
|
|
45,880
|
|
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Total
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|
$
|
89,407
|
|
|
$
|
63,564
|
|
|
$
|
235,626
|
|
|
$
|
213,216
|
|
|
(in thousands)
|
|
As of September 30,
2021
|
|
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As of December 31,
2020
|
|
|
Property, plant and equipment, net (1)
|
|
|
|
|
|
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United States
|
|
$
|
667,898
|
|
|
$
|
535,648
|
|
|
International
|
|
|
419,285
|
|
|
|
399,793
|
|
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Total
|
|
$
|
1,087,183
|
|
|
$
|
935,441
|
|
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|
(1)
|
Property, plant and equipment, net in China was $256.4 million and $ 241.6 million at September 30, 2021 and December 31, 2020.
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| Summary of Accounts Receivables Excluding the Allowance for Bad Debts Allowances and Chargebacks |
The Company’s accounts receivables, excluding the allowance for bad debts, allowances and chargebacks, in different geographic areas are summarized as follows:
|
(in thousands)
|
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As of September 30,
2021
|
|
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As of December 31,
2020
|
|
|
Domestic Accounts Receivable
|
|
$
|
296,604
|
|
|
$
|
230,546
|
|
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Foreign Accounts Receivable
|
|
|
526,676
|
|
|
|
437,816
|
|
|
| Company's Top Five Manufacturers Produced |
The Company’s top five manufacturers produced the following:
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Three Months Ended September 30,
|
|
|
Nine Months Ended September 30,
|
|
|
(percentage of total production)
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
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Manufacturer #1
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|
16.3
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|
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16.4
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|
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17.3
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20.6
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Manufacturer #2
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6.3
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|
|
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6.7
|
|
|
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5.8
|
|
|
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6.9
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|
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Manufacturer #3
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5.3
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|
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6.0
|
|
|
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4.8
|
|
|
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5.8
|
|
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Manufacturer #4
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|
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4.8
|
|
|
|
5.7
|
|
|
|
4.8
|
|
|
|
4.5
|
|
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Manufacturer #5
|
|
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4.7
|
|
|
|
4.8
|
|
|
|
4.5
|
|
|
|
4.4
|
|
|
|
|
|
37.4
|
|
|
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39.6
|
|
|
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37.2
|
|
|
|
42.2
|
|
|