Contract with Customer, Asset and Liability |
The following table provides information about accounts receivable, contract assets and contract liabilities:
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(In thousands) |
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June 2020 |
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March 2020 |
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June 2019 |
Accounts receivable, net |
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$ |
934,984 |
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$ |
1,308,051 |
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$ |
1,211,347 |
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Contract assets (a)
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2,487 |
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1,181 |
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1,576 |
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Contract liabilities (b)
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45,622 |
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37,498 |
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42,196 |
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(a)Included in the other current assets line item in the Consolidated Balance Sheets.
(b)Included in the accrued liabilities and other liabilities line items in the Consolidated Balance Sheets.
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Disaggregation of Revenue |
The following tables disaggregate our revenues by channel and geography, which provides a meaningful depiction of how the nature, timing and uncertainty of revenues were 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.
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Three Months Ended June 2020 |
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(In thousands) |
Outdoor |
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Active |
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Work |
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Other |
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Total |
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Channel revenues |
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Wholesale |
$ |
158,506 |
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$ |
241,164 |
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$ |
117,604 |
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$ |
1,275 |
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$ |
518,549 |
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Direct-to-consumer |
180,014 |
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324,201 |
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40,615 |
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44 |
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544,874 |
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Royalty |
2,708 |
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5,951 |
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4,211 |
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— |
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12,870 |
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Total |
$ |
341,228 |
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$ |
571,316 |
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$ |
162,430 |
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$ |
1,319 |
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$ |
1,076,293 |
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Geographic revenues |
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United States |
$ |
152,477 |
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$ |
265,507 |
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$ |
114,632 |
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$ |
— |
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$ |
532,616 |
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International |
188,751 |
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305,809 |
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47,798 |
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1,319 |
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543,677 |
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Total |
$ |
341,228 |
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$ |
571,316 |
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$ |
162,430 |
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$ |
1,319 |
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$ |
1,076,293 |
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Three Months Ended June 2019 |
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(In thousands) |
Outdoor |
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Active |
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Work |
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Other |
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Total |
Channel revenues |
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Wholesale |
$ |
341,756 |
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$ |
660,142 |
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$ |
164,280 |
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$ |
2,808 |
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$ |
1,168,986 |
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Direct-to-consumer |
266,342 |
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565,887 |
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33,519 |
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3,454 |
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869,202 |
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Royalty |
2,522 |
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6,097 |
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3,847 |
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— |
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12,466 |
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Total |
$ |
610,620 |
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$ |
1,232,126 |
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$ |
201,646 |
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$ |
6,262 |
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$ |
2,050,654 |
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Geographic revenues |
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United States |
$ |
303,052 |
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$ |
711,205 |
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$ |
142,631 |
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$ |
— |
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$ |
1,156,888 |
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International |
307,568 |
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520,921 |
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59,015 |
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6,262 |
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893,766 |
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Total |
$ |
610,620 |
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$ |
1,232,126 |
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$ |
201,646 |
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$ |
6,262 |
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$ |
2,050,654 |
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