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Reportable Operating Segments
 12 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Reportable Operating Segments Reportable Operating Segments
Information reported to the Chief Operating Decision Maker (CODM), who is the Company’s Principal Executive Officer, is organized into the Company’s six reportable operating segments and is consistent with how the CODM evaluates performance and allocates resources. The Company does not consider international operations to be a separate reportable operating segment, and the CODM reviews such operations in the aggregate with the reportable operating segments. Inter-segment sales from the Company’s wholesale reportable operating segments to the DTC reportable operating segment are at the Company’s cost, and there is no inter-segment profit on these inter-segment sales, nor are they reflected in income (loss) from operations of the wholesale reportable operating segments.

The Company evaluates reportable operating segment performance primarily based on net sales and income (loss) from operations. The wholesale operations of each brand are generally managed separately because each requires different marketing, research and development, design, sourcing, and sales strategies. The income (loss) from operations of each of the reportable operating segments includes only those costs which are specifically related to each reportable operating segment, which consist primarily of cost of sales, research and development, design, sales and marketing, depreciation, amortization, and the direct costs of employees within those reportable operating segments. The Company does not allocate corporate overhead costs or non-operating income and expenses to reportable operating segments, which include unallocable overhead costs associated with the Company’s warehouse and distribution center (DC), certain executive and stock-based compensation, accounting, finance, legal, information technology, human resources, and facilities, among others.
Reportable operating segment information, with a reconciliation to the consolidated statements of comprehensive income, was as follows:
Years Ended March 31,
202120202019
Net sales
UGG brand wholesale$871,799 $892,990 $888,347 
HOKA brand wholesale405,243 277,097 185,057 
Teva brand wholesale105,928 119,108 119,390 
Sanuk brand wholesale26,566 39,463 69,791 
Other brands wholesale69,375 67,175 42,818 
Direct-to-Consumer1,066,730 736,856 715,034 
Total$2,545,641 $2,132,689 $2,020,437 
Income (loss) from operations
UGG brand wholesale$292,718 $303,908 $300,761 
HOKA brand wholesale111,208 61,860 35,717 
Teva brand wholesale27,120 30,736 27,939 
Sanuk brand wholesale(162)3,212 12,781 
Other brands wholesale21,573 16,087 10,411 
Direct-to-Consumer349,465 182,548 185,449 
Unallocated overhead costs(297,717)(260,216)(245,738)
Total$504,205 $338,135 $327,320 
Depreciation, amortization, and accretion
UGG brand wholesale$532 $611 $1,254 
HOKA brand wholesale611 612 456 
Teva brand wholesale— 1 10 
Sanuk brand wholesale1,727 2,361 4,171 
Other brands wholesale382 382 382 
Direct-to-Consumer11,121 10,586 12,195 
Unallocated overhead costs26,157 24,359 26,473 
Total$40,530 $38,912 $44,941 
Capital expenditures
UGG brand wholesale$(31)$404 $205 
HOKA brand wholesale56 434 285 
Sanuk brand wholesale8 — — 
Other brands wholesale40 64 11 
Direct-to-Consumer10,434 7,753 5,739 
Unallocated overhead costs21,711 23,800 22,846 
Total$32,218 $32,455 $29,086 
Assets allocated to each reportable operating segment include trade accounts receivable, net, inventories, net, property and equipment, net, operating lease assets, goodwill, other intangible assets, net, and certain other assets that are specifically identifiable for one of the Company's reportable operating segments. Unallocated assets are those assets not directly related to a specific reportable operating segment and generally include cash and cash equivalents, deferred tax assets, net, and various other corporate assets shared by the Company's reportable operating segments.

Assets allocated to each reportable operating segment, with a reconciliation to the consolidated balance sheets, were as follows:
As of March 31,
20212020
Assets
UGG brand wholesale$212,277 $245,239 
HOKA brand wholesale168,365 124,958 
Teva brand wholesale87,284 90,305 
Sanuk brand wholesale38,311 50,314 
Other brands wholesale18,732 21,535 
Direct-to-Consumer196,091 243,489 
Total assets from reportable operating segments721,060 775,840 
Unallocated cash and cash equivalents1,089,361 649,436 
Unallocated deferred tax assets, net37,194 28,233 
Unallocated other corporate assets320,090 311,609 
Total$2,167,705 $1,765,118