Segment Information

6 Months Ended

Jun. 30, 2024

Segment Information

Segment Information

6.    Segment Information

We have two reportable segments: North American wholesale operations (“Wholesale”) and North American retail operations (“Retail”). Our Chief Executive Officer evaluates the performance of our segments based on earnings from operations. Therefore, interest income or expense, other income or expense, and income taxes are not allocated to the segments. As of June 30, 2024, the “other” category in the table below included our wholesale and retail operations in Australia, South Africa, and Asia Pacific, which do not meet the criteria for separate reportable segment classification. We ceased operations in Asia in 2023 and are in the final stages of winding down that business. Summarized segment data for the three and six-month periods ended June 30, 2024 and 2023, was as follows:

Three Months Ended
June 30,	Wholesale		Retail		Other		Total
	(Dollars in thousands)
2024
Product sales	$	49,741	$	7,603	$	6,081	$	63,425
Licensing revenues		507		—		—		507
Net sales	$	50,248	$	7,603	$	6,081	$	63,932
Earnings from operations	$	5,784	$	695	$	182	$	6,661
2023
Product sales	$	50,910	$	7,627	$	7,923	$	66,460
Licensing revenues		554		—		—		554
Net sales	$	51,464	$	7,627	$	7,923	$	67,014
Earnings from operations	$	5,355	$	1,069	$	276	$	6,700

Six Months Ended
June 30,	Wholesale		Retail		Other		Total
	(Dollars in thousands)
2024
Product sales	$	105,464	$	17,422	$	11,570	$	134,456
Licensing revenues		1,034		—		—		1,034
Net sales	$	106,498	$	17,422	$	11,570	$	135,490
Earnings from operations	$	13,175	$	1,992	$	(255)	$	14,912
2023
Product sales	$	120,191	$	16,557	$	15,390	$	152,138
Licensing revenues		1,170		—		—		1,170
Net sales	$	121,361	$	16,557	$	15,390	$	153,308
Earnings from operations	$	14,184	$	2,351	$	551	$	17,086