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Reportable Operating Segments
 12 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Reportable Operating Segments Reportable Operating Segments
Information reported to the Chief Operating Decision Maker (CODM), who is the Company’s Principal Executive Officer, is organized into the Company’s six reportable operating segments and is consistent with how the CODM evaluates performance and allocates resources. The Company does not consider international operations to be a separate reportable operating segment, and the CODM reviews such operations in the aggregate with the reportable operating segments.

Segment Net Sales and Income from Operations. The Company evaluates reportable operating segment performance primarily based on net sales and income (loss) from operations. The wholesale operations of each brand are generally managed separately because each requires different marketing, research and development, design, sourcing, and sales strategies. The income (loss) from operations of each of the reportable operating segments includes only those costs which are specifically related to each reportable operating segment, which consist primarily of cost of sales, research and development, design, sales and marketing, depreciation, amortization, and the direct costs of employees within those reportable operating segments. The Company does not allocate corporate overhead costs or non-operating income and expenses to reportable operating segments, which include unallocable overhead costs associated with the Company’s warehouse and DCs, certain executive and stock-based compensation, accounting, finance, legal, IT, human resources, and facilities, among others.

Inter-segment sales from the Company’s wholesale reportable operating segments to the DTC reportable operating segment are at the Company’s cost, and there is no inter-segment profit on these inter-segment sales, nor are they reflected in income (loss) from operations of the wholesale reportable operating segments as these transactions are eliminated in consolidation.

Reportable operating segment information, with a reconciliation to the consolidated statements of comprehensive income, was as follows:
Years Ended March 31,
202320222021
Net sales
UGG brand wholesale$1,004,356 $1,088,082 $871,799 
HOKA brand wholesale925,877 628,674 405,243 
Teva brand wholesale149,111 129,094 105,928 
Sanuk brand wholesale27,678 30,316 26,566 
Other brands wholesale53,653 60,573 69,375 
Direct-to-Consumer1,466,611 1,213,600 1,066,730 
Total$3,627,286 $3,150,339 $2,545,641 
Income (loss) from operations
UGG brand wholesale$267,013 $315,240 $292,718 
HOKA brand wholesale285,257 155,344 111,208 
Teva brand wholesale32,595 33,294 27,120 
Sanuk brand wholesale2,891 6,463 (162)
Other brands wholesale(1,678)14,028 21,573 
Direct-to-Consumer508,948 435,414 349,465 
Unallocated overhead costs(442,275)(395,076)(297,717)
Total$652,751 $564,707 $504,205 
Years Ended March 31,
202320222021
Depreciation, amortization, and accretion
UGG brand wholesale$611 $416 $532 
HOKA brand wholesale945 701 611 
Teva brand wholesale— — — 
Sanuk brand wholesale1,490 1,490 1,727 
Other brands wholesale382 382 382 
Direct-to-Consumer10,276 9,771 11,121 
Unallocated overhead costs34,154 30,118 26,157 
Total$47,858 $42,878 $40,530 
Capital expenditures
UGG brand wholesale$826 $109 $(31)
HOKA brand wholesale1,229 1,191 56 
Teva brand wholesale— — — 
Sanuk brand wholesale— — 8 
Other brands wholesale— — 40 
Direct-to-Consumer19,789 11,872 11,175 
Unallocated overhead costs72,709 44,542 25,533 
Total$94,553 $57,714 $36,781 

Segment Assets. Assets allocated to each reportable operating segment include trade accounts receivable, net, inventories, property and equipment, net, operating lease assets, goodwill, other intangible assets, net, and certain other assets that are specifically identifiable for one of the Company's reportable operating segments. Unallocated assets are those assets not directly related to a specific reportable operating segment and generally include cash and cash equivalents, deferred tax assets, net, and various other corporate assets shared by the Company's reportable operating segments.

Assets allocated to each reportable operating segment, with a reconciliation to the consolidated balance sheets, are as follows:
As of March 31,
20232022
Assets
UGG brand wholesale$261,683 $382,837 
HOKA brand wholesale446,450 293,025 
Teva brand wholesale94,735 91,140 
Sanuk brand wholesale41,405 40,766 
Other brands wholesale24,448 32,429 
Direct-to-Consumer219,194 191,193 
Total assets from reportable operating segments
1,087,915 1,031,390 
Unallocated cash and cash equivalents981,795 843,527 
Unallocated deferred tax assets, net72,592 64,217 
Unallocated other corporate assets413,901 393,116 
Total$2,556,203 $2,332,250