Operating Segments and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Information Related to Reportable Operating Segments

The following tables set forth information related to reportable operating segments:

	Three Months Ended March 31,
	2019			2018
	(in thousands)
Revenues:
Americas	$	129,126		$	123,830
Asia Pacific (1)	91,047			91,179
EMEA (1)	75,724			67,826
Total segment revenues	295,897			282,835
Other businesses	52			313
Total consolidated revenues	$	295,949		$	283,148
Income from operations:
Americas	$	33,609		$	28,539
Asia Pacific (1)	26,681			24,108
EMEA (1)	25,044			20,339
Total segment income from operations	85,334			72,986
Reconciliation of total segment income from operations to income before income taxes:
Other businesses (2)	(16,337		)	(10,934		)
Unallocated corporate and other (3)	(36,419		)	(36,130		)
Income from operations	32,578			25,922
Foreign currency gains (losses), net	(1,217		)	1,071
Interest income	195			279
Interest expense	(1,817		)	(113		)
Other income	590			53
Income before income taxes	$	30,329		$	27,212
Depreciation and amortization:
Americas	$	909		$	1,304
Asia Pacific	224			696
EMEA	221			352
Total segment depreciation and amortization	1,354			2,352
Other businesses	1,323			1,524
Unallocated corporate and other	3,459			3,767
Total consolidated depreciation and amortization	$	6,136		$	7,643

⁽¹⁾ In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘EMEA’ segment. The previously reported amounts for revenues and income from operations for the three months ended March 31, 2018 have also been revised to conform to the current period presentation. See ‘Impacts of segment composition change’ table below for more information.

⁽²⁾ ‘Other businesses’ expense increases are due primarily to higher distribution center costs related to increased volumes and timing of expenses.

⁽³⁾ Unallocated corporate and other includes corporate support and administrative functions, costs associated with share-based compensation, research and development, brand marketing, legal, and depreciation and amortization of corporate and other assets not allocated to operating segments.

Impacts of segment composition change:

	Three Months Ended March 31, 2018
	Increase (Decrease)
	(in thousands)
Impacts on revenues:
Asia Pacific	$	(5,983	)
EMEA	5,983
Impacts on income from operations:
Asia Pacific	(2,476		)
EMEA	2,476

The following table sets forth asset information related to reportable operating segments as of the dates shown:

	March 31, 2019		December 31, 2018
	(in thousands)
Long-lived assets:
Americas	$	134,931	$	12,977
Asia Pacific	22,137		1,831
EMEA	14,233		3,125
Total segment long-lived assets	171,301		17,933
Supply Chain	24,747		11,996
Corporate and other	43,395		39,586
Total long-lived assets	$	239,443	$	69,515
Total consolidated assets:
Americas	$	304,725	$	157,016
Asia Pacific	150,909		139,679
EMEA	97,830		66,021
Total segment assets	553,464		362,716
Supply Chain	45,447		31,108
Corporate and other	90,295		75,077
Total consolidated assets	$	689,206	$	468,901