Segment Information

9 Months Ended

Jul. 31, 2011

Segment Information [Abstract]

Segment Information

7. Segment Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the Company’s management in deciding how to allocate resources and in assessing performance. The Company operates in the outdoor market of the sporting goods industry in which the Company designs, markets and distributes clothing, footwear, accessories and related products. The Company currently operates in three segments: the Americas, Europe and Asia/Pacific. The Americas segment includes revenues from the U.S., Canada and Latin America. The European segment includes revenues primarily from Europe, the Middle East and Africa. The Asia/Pacific segment includes revenues primarily from Australia, Japan, New Zealand and Indonesia. Costs that support all three segments, including trademark protection, trademark maintenance and licensing functions, are part of corporate operations. Corporate operations also includes sourcing income and gross profit earned from the Company’s licensees. The Company’s largest customer accounted for approximately 3% of the Company’s net revenues from continuing operations for the nine months ended July 31, 2011 and 2010.

Information related to the Company’s operating segments is as follows:

	Three Months Ended July 31,
In thousands	2011			2010
Revenues, net:
Americas	$	260,159		$	234,630
Europe		176,438			151,675
Asia/Pacific		65,495			54,504
Corporate operations		1,225			666
	$	503,317		$	441,475
Gross profit:
Americas	$	115,065		$	109,594
Europe		106,451			91,939
Asia/Pacific		34,347			28,728
Corporate operations		(745	)		472
	$	255,118		$	230,733
SG&A expense:
Americas	$	87,984		$	79,964
Europe		85,402			76,215
Asia/Pacific		36,314			29,168
Corporate operations		11,472			7,808
	$	221,172		$	193,155
Asset impairments:
Americas	$	—		$	1,939
Europe		—			100
Asia/Pacific		—			1,186
Corporate operations		—			—
	$	—		$	3,225
Operating income (loss):
Americas	$	27,081		$	27,691
Europe		21,049			15,624
Asia/Pacific		(1,967	)		(1,626	)
Corporate operations		(12,217	)		(7,336	)
	$	33,946		$	34,353

	Nine Months Ended July 31,
In thousands	2011			2010
Revenues, net:
Americas	$	664,618		$	621,324
Europe		548,578			538,260
Asia/Pacific		190,636			180,201
Corporate operations		4,028			2,716
	$	1,407,860		$	1,342,501
Gross profit:
Americas	$	308,032		$	283,606
Europe		332,083			321,300
Asia/Pacific		101,842			97,171
Corporate operations		(1,200	)		92
	$	740,757		$	702,169
SG&A expense:
Americas	$	256,117		$	237,516
Europe		250,388			247,979
Asia/Pacific		108,961			92,804
Corporate operations		32,890			31,432
	$	648,356		$	609,731
Asset impairments:
Americas	$	465		$	1,939
Europe		—			100
Asia/Pacific		74,145			1,186
Corporate operations		—			—
	$	74,610		$	3,225
Operating income (loss):
Americas	$	51,450		$	44,151
Europe		81,695			73,221
Asia/Pacific		(81,264	)		3,181
Corporate operations		(34,090	)		(31,340	)
	$	17,791		$	89,213

	July 31,		October 31,
	2011		2010
Identifiable assets:
Americas	$	569,552	$	535,580
Europe		867,970		800,754
Asia/Pacific		214,341		298,503
Corporate operations		75,703		61,284
	$	1,727,566	$	1,696,121