Annual report pursuant to Section 13 and 15(d)

REVENUES (Tables)

v3.19.1
REVENUES (Tables)
 12 Months Ended
Mar. 30, 2019
Revenue from Contract with Customer [Abstract]  
Accounts Receivable, Contract Assets and Contract Liabilities
The following table provides information about accounts receivable, contract assets and contract liabilities:
(In thousands)
 
March 2019
 
 
At Adoption - April 1, 2018 (a)
Accounts receivable, net
 
$
1,708,796

 
 
$
1,408,587

Contract assets (b)
 
4,499

 
 
2,600

Contract liabilities (c)
 
32,175

 
 
28,252

(a) 
The Company adopted ASC 606 on April 1, 2018. Refer to Note 1 for additional information.
(b) 
Included in the other current assets line item in the Consolidated Balance Sheets.
(c) 
Included in the accrued liabilities and other liabilities line items in the Consolidated Balance Sheets.
Disaggregation of Revenue
The following table shows disaggregation of our revenues by channel and geography, which provides a meaningful depiction of how the nature, timing and uncertainty of revenues are affected by economic factors. The wholesale channel includes fees generated from sourcing activities as the customers and point-in-time revenue recognition are similar to other wholesale arrangements. As discussed in Note 1, we adopted the guidance in ASC 606 effective April 1, 2018 using the modified retrospective method of adoption. As a result, revenue reported for the three months ended March 2018 and years ended December 2017 and 2016 have not been presented.
 
Year ended March 2019
 
(In thousands)
Outdoor
 
Active
 
Work
 
Jeans
 
Other
 
Total
 
Channel revenues

 

 

 

 

 

 
Wholesale
$
2,865,630

 
$
2,460,692

 
$
1,678,473

 
$
2,169,088

 
$
22,343

 
$
9,196,226

 
Direct-to-consumer
1,770,580

 
2,234,053

 
160,970

 
289,196

 
101,715

 
4,556,514

 
Royalty
12,814

 
27,047

 
22,574

 
33,485

 
—

 
95,920

 
Total
$
4,649,024

 
$
4,721,792

 
$
1,862,017

 
$
2,491,769

 
$
124,058

 
$
13,848,660

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Geographic revenues
 
 
 
 
 
 
 
 
 
 
 
 
United States
$
2,246,706

 
$
2,499,393

 
$
1,492,548

 
$
1,763,575

 
$
124,058

 
$
8,126,280

 
International
2,402,318

 
2,222,399

 
369,469

 
728,194

 
—

 
5,722,380

 
Total
$
4,649,024

 
$
4,721,792

 
$
1,862,017

 
$
2,491,769

 
$
124,058

 
$
13,848,660