Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Information

The following tables present segment financial information for the Company's reportable segments:

	Three Months Ended June 30, 2025
(in thousands)	U.S.		LAAP		EMEA		Canada		Total
Net sales	$	335,117	$	112,333	$	130,562	$	27,234	$	605,246
Cost of sales	165,780		53,973		74,248		14,137		308,138
Segment selling, general and administrative expenses	134,401		44,736		29,833		11,161		220,131
Other segment items(a)	17,598		6,602		4,851		3,890		32,941
Segment operating income (loss)	17,338		7,022		21,630		(1,954)		44,036
Reconciliation to income before income tax:
Unallocated corporate expenses									67,627
Operating loss									(23,591)
Interest income, net									4,838
Other non-operating income, net									2,164
Loss before income tax									$	(16,589)

(a) For each reportable segment, other segment items include certain corporate expenses and net licensing income allocated to each of the reportable segments, as well as net licensing income directly attributable to each of the reportable segments.

	Three Months Ended June 30, 2024
(in thousands)	U.S.		LAAP		EMEA		Canada		Total
Net sales	$	340,228	$	99,484	$	103,922	$	26,610	$	570,244
Cost of sales	176,858		46,287		60,278		13,402		296,825
Segment selling, general and administrative expenses	119,590		40,717		24,194		9,539		194,040
Other segment items(a)	20,314		6,398		5,031		3,692		35,435
Segment operating income (loss)	23,466		6,082		14,419		(23)		43,944
Reconciliation to income before income tax:
Unallocated corporate expenses									67,746
Operating loss									(23,802)
Interest income, net									8,344
Other non-operating income, net									476
Loss before income tax									$	(14,982)

(a) For each reportable segment, other segment items include certain corporate expenses and net licensing income allocated to each of the reportable segments, as well as net licensing income directly attributable to each of the reportable segments.

	Six Months Ended June 30, 2025
(in thousands)	U.S.		LAAP		EMEA		Canada		Total
Net sales	$	806,298	$	264,543	$	238,042	$	74,815	$	1,383,698
Cost of sales	405,688		120,251		127,103		37,491		690,533
Segment selling, general and administrative expenses	280,784		97,817		61,971		22,700		463,272
Other segment items(a)	36,534		13,123		8,360		7,615		65,632
Segment operating income	83,292		33,352		40,608		7,009		164,261
Reconciliation to income before income tax:
Unallocated corporate expenses									141,344
Operating income									22,917
Interest income, net									11,655
Other non-operating income, net									3,715
Income before income tax									$	38,287

(a) For each reportable segment, other segment items include certain corporate expenses and net licensing income allocated to each of the reportable segments, as well as net licensing income directly attributable to each of the reportable segments.

	Six Months Ended June 30, 2024
(in thousands)	U.S.		LAAP		EMEA		Canada		Total
Net sales	$	814,634	$	238,130	$	208,442	$	79,020	$	1,340,226
Cost of sales	418,844		105,332		113,072		40,000		677,248
Segment selling, general and administrative expenses	258,508		90,938		52,990		19,902		422,338
Other segment items(a)	40,823		13,956		8,815		7,973		71,567
Segment operating income	96,459		27,904		33,565		11,145		169,073
Reconciliation to income before income tax:
Unallocated corporate expenses									148,194
Operating income									20,879
Interest income, net									17,541
Other non-operating income, net									747
Income before income tax									$	39,167

(a) For each reportable segment, other segment items include certain corporate expenses and net licensing income allocated to each of the reportable segments, as well as net licensing income directly attributable to each of the reportable segments.

The following table presents segment depreciation and amortization expense information:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2025		2024		2025		2024
Depreciation and amortization expense:
U.S.	$	6,642	$	5,775	$	12,742	$	11,576
LAAP	1,640		1,430		3,179		2,819
EMEA	1,158		961		2,212		1,931
Canada	812		710		1,522		1,403
Unallocated corporate expense	4,214		5,196		8,276		11,413
	$	14,466	$	14,072	$	27,931	$	29,142

Inventories And Long-Lived Assets By Geographic Area

The following table presents segment asset information:

	As of
(in thousands)	June 30, 2025		December 31, 2024		June 30, 2024
Inventories:
U.S.	$	585,639	$	450,014	$	528,415
LAAP	130,487		108,818		103,509
EMEA	127,928		79,710		106,483
Canada	82,875		51,973		85,150
Total segment assets	926,929		690,515		823,557
All other assets	1,963,448		2,284,750		1,937,264
Total assets	$	2,890,377	$	2,975,265	$	2,760,821