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Reportable Operating Segments
 3 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Reportable Operating Segments Reportable Operating Segments
Information reported to the Chief Operating Decision Maker (CODM), who is the Company's Chief Executive Officer (CEO), President, and Principal Executive Officer (PEO), 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.

Segment Net Sales and Income from Operations. The Company evaluates reportable operating segment performance primarily based on net sales and income (loss) from operations. The wholesale operations of each brand are 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 warehouses and DCs, certain executive and stock-based compensation, accounting, finance, legal, information technology (IT), human resources, and facilities, among others. 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 as these transactions are eliminated in consolidation.

Reportable operating segment information, with a reconciliation to the condensed consolidated statements of comprehensive income, was as follows:
Three Months Ended June 30,
20232022
Net sales
UGG brand wholesale$121,545 $137,862 
HOKA brand wholesale260,847 231,885 
Teva brand wholesale35,132 46,895 
Sanuk brand wholesale6,470 10,726 
Other brands wholesale1,427 1,993 
Direct-to-Consumer250,370 185,100 
Total$675,791 $614,461 
Income (loss) from operations
UGG brand wholesale$16,866 $30,665 
HOKA brand wholesale86,524 69,616 
Teva brand wholesale9,237 12,493 
Sanuk brand wholesale759 2,466 
Other brands wholesale(2,041)(469)
Direct-to-Consumer75,462 41,220 
Unallocated overhead costs(116,071)(99,650)
Total$70,736 $56,341 
Segment Assets. Assets allocated to each reportable operating segment include trade accounts receivable, net, inventories, 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 condensed consolidated balance sheets, are as follows:
June 30, 2023March 31, 2023
Assets
UGG brand wholesale$459,001 $261,683 
HOKA brand wholesale449,694 446,450 
Teva brand wholesale68,660 94,735 
Sanuk brand wholesale35,329 41,405 
Other brands wholesale31,947 24,448 
Direct-to-Consumer229,166 219,194 
Total assets from reportable operating segments
1,273,797 1,087,915 
Unallocated cash and cash equivalents1,046,889 981,795 
Unallocated deferred tax assets, net70,585 72,592 
Unallocated other corporate assets456,631 413,901 
Total$2,847,902 $2,556,203