Segment Information

3 Months Ended

Jan. 31, 2012

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 for the three months ended January 31, 2012 and 2011.

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

In thousands	Three months ended January 31,
	2012			2011
Revenues, net:
Americas	$	205,408		$	193,790
Europe		168,874			165,199
Asia/Pacific		74,593			67,001
Corporate operations		746			460
	$	449,621		$	426,450
Gross profit:
Americas	$	87,928		$	89,466
Europe		101,772			97,300
Asia/Pacific		38,140			36,633
Corporate operations		110			71
	$	227,950		$	223,470
SG&A expense:
Americas	$	89,481		$	82,994
Europe		86,096			80,417
Asia/Pacific		37,239			34,830
Corporate operations		17,599			12,195
	$	230,415		$	210,436
Operating (loss) income:
Americas	$	(1,553	)	$	6,472
Europe		15,676			16,883
Asia/Pacific		901			1,803
Corporate operations		(17,489	)		(12,124	)
	$	(2,465	)	$	13,034
	January 31, 2012			October 31, 2011
Identifiable assets:
Americas	$	544,166		$	577,643
Europe		758,138			750,378
Asia/Pacific		211,125			231,879
Corporate operations		203,236			204,323
	$	1,716,665		$	1,764,223