| Disaggregation of Revenue |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal quarter ended July 4, 2026 | | (dollars in thousands) | | U.S. Retail | | U.S. Wholesale | | International | | Total | | Direct-to-consumer | | $ | 304,677 | | | $ | — | | | $ | 63,288 | | | $ | 367,965 | | | Wholesale channel | | — | | | 215,552 | | | 31,973 | | | 247,525 | | | | | | | | | | | | | $ | 304,677 | | | $ | 215,552 | | | $ | 95,261 | | | $ | 615,490 | | | | | | | | | | | | Royalty income, net | | $ | 753 | | | $ | 1,793 | | | $ | 816 | | | $ | 3,362 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Two fiscal quarters ended July 4, 2026 | | (dollars in thousands) | | U.S. Retail | | U.S. Wholesale | | International | | Total | | Direct-to-consumer | | $ | 636,925 | | | $ | — | | | $ | 127,165 | | | $ | 764,090 | | | Wholesale channel | | — | | | 466,959 | | | 65,554 | | | 532,513 | | | | | | | | | | | | | $ | 636,925 | | | $ | 466,959 | | | $ | 192,719 | | | $ | 1,296,603 | | | | | | | | | | | | Royalty income, net | | $ | 2,194 | | | $ | 4,682 | | | $ | 1,105 | | | $ | 7,981 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal quarter ended June 28, 2025 | | (dollars in thousands) | | U.S. Retail | | U.S. Wholesale | | International | | Total | | Direct-to-consumer | | $ | 299,549 | | | $ | — | | | $ | 60,619 | | | $ | 360,168 | | | Wholesale channel | | — | | | 192,998 | | | 32,147 | | | 225,145 | | | | | | | | | | | | | $ | 299,549 | | | $ | 192,998 | | | $ | 92,766 | | | $ | 585,313 | | | | | | | | | | | | Royalty income, net | | $ | 407 | | | $ | 2,119 | | | $ | 723 | | | $ | 3,249 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Two fiscal quarters ended June 28, 2025 | | (dollars in thousands) | | U.S. Retail | | U.S. Wholesale | | International | | Total | | Direct-to-consumer | | $ | 593,980 | | | $ | — | | | $ | 114,442 | | | $ | 708,422 | | | Wholesale channel | | — | | | 443,094 | | | 63,623 | | | 506,717 | | | | | | | | | | | | | $ | 593,980 | | | $ | 443,094 | | | $ | 178,065 | | | $ | 1,215,139 | | | | | | | | | | | | Royalty income, net | | $ | 1,926 | | | $ | 5,441 | | | $ | 1,213 | | | $ | 8,580 | |
The components of Accounts receivable, net were as follows: | | | | | | | | | | | | | | | | | | | | | | (dollars in thousands) | | July 4, 2026 | | January 3, 2026 | | June 28, 2025 | | Trade receivables from wholesale customers, net | | $ | 167,728 | | | $ | 174,566 | | | $ | 138,164 | | | Royalties receivable | | 2,918 | | | 4,011 | | | 3,802 | | Other receivables(1) | | 9,010 | | | 11,705 | | | 7,479 | | | Total gross receivables | | $ | 179,656 | | | $ | 190,282 | | | $ | 149,445 | | Less: Wholesale accounts receivable reserves(2)(3) | | (11,804) | | | (11,716) | | | (9,093) | | | Accounts receivable, net | | $ | 167,852 | | | $ | 178,566 | | | $ | 140,352 | |
(1)Includes receivables related to shipping volume rebates, healthcare-related rebates, amounts due from third-party gift card program partners, recoveries related to provisional anti-dumping duties in Mexico, and tax recoveries. (2)Includes allowance for chargebacks of $3.9 million, $4.1 million, and $2.8 million for the periods ended July 4, 2026, January 3, 2026, and June 28, 2025, respectively. (3)Includes allowance for credit losses of $7.9 million, $7.6 million, and $6.3 million for the periods ended July 4, 2026, January 3, 2026, and June 28, 2025, respectively.
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