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Segment Information (Tables)
12 Months Ended
Mar. 28, 2015
Key Performance Information of Reportable Segments

The following table presents the key performance information of the Company’s reportable segments (in thousands):

 

     Fiscal Years Ended  
     March 28,
2015
     March 29,
2014
     March 30,
2013
 

Revenue:

        

Net sales: Retail

   $ 2,134,578       $ 1,593,005       $ 1,062,642   

Wholesale

     2,065,088         1,577,517         1,032,115   

Licensing

     171,803         140,321         86,975   
  

 

 

    

 

 

    

 

 

 

Total revenue

$ 4,371,469    $ 3,310,843    $ 2,181,732   
  

 

 

    

 

 

    

 

 

 

Income from operations:

Retail

$ 557,162    $ 467,248    $ 315,654   

Wholesale

  610,886      459,774      269,323   

Licensing

  88,925      81,149      45,037   
  

 

 

    

 

 

    

 

 

 

Income from operations

$ 1,256,973    $ 1,008,171    $ 630,014   
  

 

 

    

 

 

    

 

 

 
Depreciation and Amortization Expense for Each Segment
Depreciation and amortization expense for each segment are as follows (in thousands):   
     Fiscal Years Ended  
     March 28,
2015
     March 29,
2014
     March 30,
2013
 

Depreciation and amortization:

        

Retail (1)

   $ 84,523       $ 46,679       $ 35,388   

Wholesale

     52,980         32,364         18,531   

Licensing

     922         611         372   
  

 

 

    

 

 

    

 

 

 

Total depreciation and amortization

$ 138,425    $ 79,654    $ 54,291   
  

 

 

    

 

 

    

 

 

 

 

  (1) 

Excluded from the above table are impairment charges related to the retail segment for $0.8 million, $1.3 million, and $0.7 million, during the fiscal years ended March 28, 2015, March 29, 2014, and March 30, 2013, respectively.

Total Revenue (as Recognized Based on Country of Origin)

Total revenue (as recognized based on country of origin) and long-lived assets by geographic location of the consolidated Company are as follows (in thousands):

 

     Fiscal Years Ended  
     March 28,
2015
     March 29,
2014
     March 30,
2013
 

Net revenues:

        

North America (U.S. and Canada)(1)

   $ 3,418,924       $ 2,771,818       $ 1,938,635   

Europe

     884,645         500,478         220,724   

Other regions

     67,900         38,547         22,373   
  

 

 

    

 

 

    

 

 

 

Total net revenues

$ 4,371,469    $ 3,310,843    $ 2,181,732   
  

 

 

    

 

 

    

 

 

 
Long-Lived Assets by Geographic Location

 
          As of  
            March 28,
2015
     March 29,
2014
 

Long-lived assets:

        

North America (U.S. and Canada)(1)

      $ 443,816       $ 283,162   

Europe

        169,243         108,074   

Other regions

        11,416         7,476   
     

 

 

    

 

 

 

Total Long-lived assets:

$ 624,475    $ 398,712   
     

 

 

    

 

 

 

 

  (1) 

Net revenues earned in the U.S. during Fiscal 2015, Fiscal 2014, and Fiscal 2013 were $3,227.5 million, $2,600.1 million and $1,800.4 million, respectively. Long-lived assets located in the U.S. as of March 28, 2015 and March 29, 2014 were $418.8 million and $265.9 million, respectively.

Net Revenues by Major Product Category

Net revenues by major product category are as follows (in thousands):

 

     Fiscal Years Ended  
     March 28,
2015
     % of
Total
    March 29,
2014
     % of
Total
    March 30,
2013
     % of
Total
 

Accessories

   $ 2,872,221         68.4   $ 2,060,824         65.0   $ 1,255,536         59.9

Apparel

     549,433         13.1     482,435         15.2     413,731         19.8

Footwear

     444,046         10.5     337,988         10.7     210,982         10.1

Licensed product

     333,966         8.0     289,275         9.1     214,508         10.2
  

 

 

      

 

 

      

 

 

    

Net sales

$ 4,199,666    $ 3,170,522    $ 2,094,757