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REPORTABLE OPERATING SEGMENTS
 12 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
REPORTABLE OPERATING SEGMENTS REPORTABLE OPERATING SEGMENTS
Information reported to the 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, 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 consolidated statements of comprehensive income, was as follows:
Years Ended March 31,
202420232022
Net sales
UGG brand wholesale$1,115,241 $1,004,356 $1,088,082 
HOKA brand wholesale1,126,126 925,877 628,674 
Teva brand wholesale113,739 149,111 129,094 
Sanuk brand wholesale17,175 27,678 30,316 
Other brands wholesale60,026 53,653 60,573 
Direct-to-Consumer1,855,456 1,466,611 1,213,600 
Total$4,287,763 $3,627,286 $3,150,339 
Income (loss) from operations
UGG brand wholesale$349,509 $267,013 $315,240 
HOKA brand wholesale376,286 285,257 155,344 
Teva brand wholesale18,685 32,595 33,294 
Sanuk brand wholesale(12,836)2,891 6,463 
Other brands wholesale4,722 (1,678)14,028 
Direct-to-Consumer748,656 508,948 435,414 
Unallocated overhead costs(557,508)(442,275)(395,076)
Total$927,514 $652,751 $564,707 
Years Ended March 31,
202420232022
Depreciation, amortization, and accretion
UGG brand wholesale$526 $611 $416 
HOKA brand wholesale856 945 701 
Sanuk brand wholesale1,490 1,490 1,490 
Other brands wholesale380 382 382 
Direct-to-Consumer12,504 10,276 9,771 
Unallocated overhead costs41,831 34,154 30,118 
Total$57,587 $47,858 $42,878 
Capital expenditures
UGG brand wholesale$334 $826 $109 
HOKA brand wholesale315 1,229 1,191 
Direct-to-Consumer28,068 19,789 11,872 
Unallocated overhead costs64,348 72,709 44,542 
Total$93,065 $94,553 $57,714 

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 consolidated balance sheets, are as follows:
As of March 31,
20242023
Assets
UGG brand wholesale$247,136 $261,683 
HOKA brand wholesale436,147 446,450 
Teva brand wholesale81,703 94,735 
Sanuk brand wholesale18,526 41,405 
Other brands wholesale9,379 24,448 
Direct-to-Consumer263,840 219,194 
Total assets from reportable operating segments
1,056,731 1,087,915 
Unallocated cash and cash equivalents1,502,051 981,795 
Unallocated deferred tax assets, net72,584 72,592 
Unallocated other corporate assets504,213 413,901 
Total$3,135,579 $2,556,203