Segment Information

9 Months Ended

Jul. 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 from continuing operations for the nine months ended July 31, 2012 and 2011.

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

	Three Months Ended July 31,
In thousands	2012			2011
Revenues, net:
Americas	$	286,136		$	260,159
Europe		154,076			176,438
Asia/Pacific		71,623			65,495
Corporate operations		604			1,225
	$	512,439		$	503,317
Gross profit:
Americas	$	126,101		$	115,065
Europe		88,136			106,451
Asia/Pacific		39,258			34,347
Corporate operations		(7	)		(745	)
	$	253,488		$	255,118
SG&A expense:
Americas	$	92,781		$	87,984
Europe		80,862			85,402
Asia/Pacific		37,747			36,314
Corporate operations		14,398			11,472
	$	225,788		$	221,172
Asset impairments:
Americas	$	141		$	—
Europe		—			—
Asia/Pacific		—			—
Corporate operations		—			—
	$	141		$	—
Operating income (loss):
Americas	$	33,179		$	27,081
Europe		7,274			21,049
Asia/Pacific		1,511			(1,967	)
Corporate operations		(14,405	)		(12,217	)
	$	27,559		$	33,946

	Nine Months Ended July 31,
In thousands	2012			2011
Revenues, net:
Americas	$	712,519		$	664,618
Europe		518,504			548,578
Asia/Pacific		220,242			190,636
Corporate operations		3,008			4,028
	$	1,454,273		$	1,407,860
Gross profit:
Americas	$	311,738		$	308,032
Europe		298,905			332,083
Asia/Pacific		113,361			101,842
Corporate operations		(417	)		(1,200	)
	$	723,587		$	740,757
SG&A expense:
Americas	$	270,669		$	256,117
Europe		250,160			250,388
Asia/Pacific		114,988			108,961
Corporate operations		44,396			32,890
	$	680,213		$	648,356
Asset impairments:
Americas	$	556		$	465
Europe		—			—
Asia/Pacific		—			74,145
Corporate operations		—			—
	$	556		$	74,610
Operating income (loss):
Americas	$	40,513		$	51,450
Europe		48,745			81,695
Asia/Pacific		(1,627	)		(81,264	)
Corporate operations		(44,813	)		(34,090	)
	$	42,818		$	17,791

	July 31, 2012		October 31, 2011
Identifiable assets:
Americas	$	580,941	$	577,643
Europe		734,332		750,378
Asia/Pacific		213,886		231,879
Corporate operations		197,925		204,323
	$	1,727,084	$	1,764,223