OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION

The Company has three reportable operating segments based on the geographic nature of its operations: the Americas, Asia Pacific, and Europe. In addition, the 'Other businesses' category aggregates insignificant operating segments that do not meet the reportable segment threshold, including manufacturing operations located in Mexico and Italy, and corporate operations.

Each of the reportable operating segments derives its revenues from the sale of footwear and accessories to external customers. Revenues for 'Other businesses' include non-footwear product sales to external customers that are excluded from the measurement of segment operating revenues and income.

Segment performance is evaluated based on segment results without allocating corporate expenses, or indirect general, administrative, and other expenses. Segment profits or losses include adjustments to eliminate inter-segment sales. As such, reconciling items for segment operating income represent unallocated corporate and other expenses as well as inter-segment eliminations. The following tables set forth information related to reportable operating segments:



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
	(in thousands)
Revenues: (1)
Americas	$	136,154		$	135,097		$	253,877		$	259,227
Asia Pacific	124,644			130,846			222,989			235,347
Europe	52,320			57,660			103,971			107,997
Total segment revenues	313,118			323,603			580,837			602,571
Other businesses	103			225			291			397
Total consolidated revenues	$	313,221		$	323,828		$	581,128		$	602,968
Operating income: (1)
Americas	$	25,205		$	18,015		$	47,207		$	34,592
Asia Pacific	33,305			34,533			60,030			60,383
Europe	10,031			8,437			22,305			14,960
Total segment income from operations	68,541			60,985			129,542			109,935
Reconciliation of total segment income from operations to income before income taxes:
Other businesses	(5,035		)	(6,038		)	(10,650		)	(12,111		)
Unallocated corporate and other	(34,060		)	(34,342		)	(73,864		)	(62,976		)
Income from operations	29,446			20,605			45,028			34,848
Foreign currency gain (loss), net	162			(1,700		)	438			(2,947		)
Interest income	157			164			307			380
Interest expense	(188		)	(234		)	(372		)	(477		)
Other income	9			(189		)	133			(107		)
Income before income taxes	$	29,586		$	18,646		$	45,534		$	31,697
Depreciation and amortization:
Americas	$	1,347		$	1,504		$	2,692		$	2,982
Asia Pacific	920			992			1,847			2,070
Europe	379			718			764			1,497
Total segment depreciation and amortization	2,646			3,214			5,303			6,549
Other businesses	1,741			1,736			3,488			3,446
Unallocated corporate and other	3,982			3,501			8,024			7,036
Total consolidated depreciation and amortization	$	8,369		$	8,451		$	16,815		$	17,031

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(1) Revenues and operating results reflect targeted reductions of company-operated stores and discount channel sales, a focus on higher margin core molded products, and continued focus on driving selling, general and administrative expenses lower.