XML 32 R13.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenues
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
NOTE 3 — REVENUES

DISAGGREGATED REVENUE

As disclosed below in Note 16, the Company has four geographic reportable segments: U.S., Latin America and Asia Pacific ("LAAP"), Europe, Middle East and Africa ("EMEA"), and Canada.

The following tables disaggregate the Company's reportable segment Net sales by product category and channel, which the Company believes provides a meaningful depiction of how the nature, timing and uncertainty of Net sales are affected by economic factors:
Year Ended December 31, 2024
(in thousands)
U.S.LAAPEMEACanadaTotal
Product category net sales
Apparel, Accessories and Equipment$1,727,076 $437,325 $355,353 $167,420 $2,687,174 
Footwear341,152 123,381 156,425 60,450 681,408 
Total$2,068,228 $560,706 $511,778 $227,870 $3,368,582 
Channel net sales
Wholesale$926,714 $283,751 $388,545 $135,348 $1,734,358 
Direct-to-consumer1,141,514 276,955 123,233 92,522 1,634,224 
Total$2,068,228 $560,706 $511,778 $227,870 $3,368,582 
Year Ended December 31, 2023
(in thousands)
U.S.LAAPEMEACanadaTotal
Product category net sales
Apparel, Accessories and Equipment$1,783,205 $392,690 $319,468 $181,234 $2,676,597 
Footwear458,232 127,064 149,769 75,541 810,606 
Total$2,241,437 $519,754 $469,237 $256,775 $3,487,203 
Channel net sales
Wholesale$1,082,197 $256,423 $373,583 $161,800 $1,874,003 
Direct-to-consumer1,159,240 263,331 95,654 94,975 1,613,200 
Total$2,241,437 $519,754 $469,237 $256,775 $3,487,203 
PERFORMANCE OBLIGATIONS

For the years ended December 31, 2024, 2023, and 2022 Net sales recognized from performance obligations related to prior periods were not material. Net sales expected to be recognized in any future period related to remaining performance obligations is not material.

CONTRACT BALANCES

As of December 31, 2024 and 2023, the Company did not have any contract assets and had an immaterial amount of contract liabilities included in Accrued liabilities on the Consolidated Balance Sheets.