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QUARTERLY SUMMARY OF INFORMATION (UNAUDITED)
12 Months Ended
Mar. 31, 2024
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 net sales of the HOKA brand continue to increase as a percentage of the Company’s aggregate net sales, the Company expects to continue to see the impact from seasonality decrease over time.

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

Fiscal Year 2024
Quarter Ended
6/30/20239/30/202312/31/20233/31/2024
Net sales$675,791 $1,091,907 $1,560,307 $959,758 
Gross profit346,424 583,019 916,569 539,476 
Income from operations70,736 224,617 487,899 144,262 
Net income63,552 178,547 389,919 127,545 
Net income per share
Basic$2.43 $6.86 $15.19 $4.98 
Diluted$2.41 $6.82 $15.11 $4.95 
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