Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2023

Schedule of Property, Plant and Equipment

Property and equipment is depreciated using the straight-line method over the estimated useful lives of the assets, as follows:


			Years
Furniture, fixtures and displays, office equipment, software and plant equipment (1)			3 to 10
Site improvements, buildings and building equipment			10 to 35
Leasehold and tenant improvements			Shorter of the remaining lease term or related asset life

(1) The cost of in-store apparel and footwear fixtures and displays are capitalized as part of "furniture, fixtures and displays", and depreciated over three years.

Property and equipment consisted of the following:


	As of March 31, 2023		As of March 31, 2022		As of December 31, 2021
Leasehold and tenant improvements	$	462,721	$	461,394	$	462,588
Furniture, fixtures and displays	289,539		263,749		259,534
Buildings	48,632		48,382		48,382
Software	380,586		339,722		333,560
Office equipment	132,301		132,452		132,629
Plant equipment	178,194		178,188		178,187
Land	83,626		83,626		83,626
Construction in progress (1)	143,243		64,869		52,598
Other	17,837		5,751		5,545
Subtotal property and equipment	1,736,679		1,578,133		1,556,649
Accumulated depreciation	(1,063,943)		(976,768)		(949,423)
Property and equipment, net	$	672,736	$	601,365	$	607,226

(1) Construction in progress primarily includes costs incurred for construction of corporate offices, software systems, leasehold improvements and in-store fixtures and displays not yet placed in use.

Schedule of Accrued Expenses

Accrued expenses consisted of the following:


	As of March 31, 2023		As of March 31, 2022		As of December 31, 2021
Accrued compensation and benefits	$	66,742	$	69,361	$	151,887
Accrued marketing	39,832		41,854		58,754
Accrued royalties	25,415		17,262		16,386
Accrued taxes	26,297		20,055		35,588
Forward currency contract liabilities	28,067		12,303		13,193
Other	168,290		157,128		184,357
Total Accrued Expenses	$	354,643	$	317,963	$	460,165