Segment Information

3 Months Ended

Mar. 31, 2024

Segment Information

Segment Information

6.    Segment Information

We have two reportable segments: North American wholesale operations (“Wholesale”) and North American retail operations (“Retail”). Our Chief Executive Officer evaluates the performance of our segments based on earnings from operations. Therefore, interest income or expense, other income or expense, and income taxes are not allocated to the segments. As of March 31, 2024, the “other” category in the table below included our wholesale and retail operations in Australia, South Africa, and Asia Pacific, which do not meet the criteria for separate reportable segment classification. We ceased operations in Asia in 2023 and are in the final stages of winding down that business. Summarized segment data for the three-month periods ended March 31, 2024 and 2023, was as follows:

Three Months Ended
March 31,	Wholesale		Retail		Other		Total
	(Dollars in thousands)
2024
Product sales	$	55,723	$	9,819	$	5,489	$	71,031
Licensing revenues		527		—		—		527
Net sales	$	56,250	$	9,819	$	5,489	$	71,558
Earnings from operations	$	7,391	$	1,297	$	(437)	$	8,251
2023
Product sales	$	69,281	$	8,930	$	7,467	$	85,678
Licensing revenues		616		—		—		616
Net sales	$	69,897	$	8,930	$	7,467	$	86,294
Earnings from operations	$	8,829	$	1,282	$	275	$	10,386