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Quarterly Summary of Information (Unaudited)
12 Months Ended
Mar. 31, 2023
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Summary of Information (Unaudited) Quarterly Summary of Information (Unaudited)
The Company’s business is seasonal, with the highest percentage of UGG and Koolaburra brand net sales occurring in the quarters ending September 30th and December 31st and the highest percentage of Teva and Sanuk brand net sales occurring in the quarters ending March 31st and June 30th. Net sales for the HOKA brand occur more evenly throughout the year, reflecting the brand's year-round performance product offerings. Due to the magnitude of the UGG brand relative to the Company’s other brands, the Company’s aggregate net sales in the quarters ending September 30th and December 31st have historically significantly exceeded the Company’s aggregate net sales in the quarters ending March 31st and June 30th. However, as the Company continues to take steps to diversify and expand its product offerings by creating more year-round styles, and as net sales of the HOKA brand continue to increase as a percentage of the Company’s aggregate net sales, the Company has seen and expects to continue to see the impact from seasonality decrease over time. However, the Company’s seasonality has been impacted by supply chain challenges and it is unclear whether these impacts will be minimized or exaggerated in future periods as a result of these disruptions.

The following is summarized unaudited quarterly financial data for the last two fiscal years:

Fiscal Year 2023
Quarter Ended
6/30/20229/30/202212/31/20223/31/2023
Net sales$614,461 $875,614 $1,345,640 $791,571 
Gross profit294,752 421,921 712,529 396,168 
Income from operations56,341 127,831 362,660 105,919 
Net income44,849 101,524 278,662 91,787 
Net income per share
Basic$1.67 $3.83 $10.55 $3.49 
Diluted$1.66 $3.80 $10.48 $3.46 
Fiscal Year 2022
Quarter Ended
6/30/20219/30/202112/31/20213/31/2022
Net sales$504,678 $721,902 $1,187,752 $736,007 
Gross profit260,503 367,088 621,221 358,739 
Income from operations61,832 128,181 293,396 81,298 
Net income48,124 102,063 232,943 68,819 
Net income per share
Basic$1.73 $3.69 $8.49 $2.54 
Diluted$1.71 $3.66 $8.42 $2.51