10. SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2017

Segment Reporting Disclosure [Text Block]


10.			SEGMENT INFORMATION

We have identified three reportable segments: Wholesale, Retail and Military. Wholesale includes sales of footwear and accessories to several classifications of retailers, including sporting goods stores, outdoor specialty stores, online retailers, independent retailers, mass merchants, retail uniform stores, and specialty safety shoe stores. Retail includes all sales from our consumer websites, stores and all sales in our Lehigh division. Military includes sales to the U.S. Military. The following is a summary of segment results for the Wholesale, Retail, and Military segments.

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016

NET SALES:
Wholesale	$	46,049,837	$	52,884,845	$	122,323,991	$	134,569,643
Retail		11,069,669		10,267,553		33,944,718		32,201,519
Military		7,555,576		10,065,849		29,934,280		26,537,124
Total Net Sales	$	64,675,082	$	73,218,247	$	186,202,989	$	193,308,286

GROSS MARGIN:
Wholesale	$	14,087,674	$	15,137,982	$	38,623,219	$	39,599,574
Retail		4,877,916		4,539,177		14,889,559		14,311,227
Military		545,954		88,601		3,910,366		1,029,111
Total Gross Margin	$	19,511,544	$	19,765,760	$	57,423,144	$	54,939,912

Segment asset information is not prepared or used to assess segment performance.