v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
The following tables present segment financial information for the Company's reportable segments:
Three Months Ended June 30, 2026
(in thousands)
U.S.
LAAP
EMEA
Canada
Total
Net sales
$320,086 $125,933 $143,115 $25,228 $614,362 
Cost of sales
102,268 59,518 81,483 12,661 255,930 
Segment selling, general and administrative expenses
133,849 46,200 36,148 12,187 228,384 
Other segment items(a)
15,946 6,879 5,077 3,408 31,310 
Segment operating income (loss)68,023 13,336 20,407 (3,028)98,738 
Reconciliation to income before income tax:
Unallocated corporate expenses
67,854 
Operating income
30,884 
Interest income, net
6,216 
Other non-operating expense, net(815)
Income before income tax
$36,285 
(a) For each reportable segment, other segment items include certain corporate expenses and net licensing income allocated to each of the reportable segments, as well as net licensing income directly attributable to each of the reportable segments.


Three Months Ended June 30, 2025
(in thousands)
U.S.
LAAP
EMEA
Canada
Total
Net sales
$335,117 $112,333 $130,562 $27,234 $605,246 
Cost of sales
165,780 53,973 74,248 14,137 308,138 
Segment selling, general and administrative expenses
134,401 44,736 29,833 11,161 220,131 
Other segment items(a)
17,598 6,602 4,851 3,890 32,941 
Segment operating income (loss)17,338 7,022 21,630 (1,954)44,036 
Reconciliation to loss before income tax:
Unallocated corporate expenses
67,627 
Operating loss(23,591)
Interest income, net
4,838 
Other non-operating income, net
2,164 
Loss before income tax$(16,589)
(a) For each reportable segment, other segment items include certain corporate expenses and net licensing income allocated to each of the reportable segments, as well as net licensing income directly attributable to each of the reportable segments.
The following table presents segment depreciation and amortization expense information:

Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)
2026202520262025
Depreciation and amortization expense:
U.S.$6,412 $6,642 $12,537 $12,742 
LAAP1,615 1,640 3,265 3,179 
EMEA1,280 1,158 2,569 2,212 
Canada771 812 1,529 1,522 
Unallocated corporate expense3,736 4,214 7,605 8,276 
$13,814 $14,466 $27,505 $27,931 
Inventories And Long-Lived Assets By Geographic Area
The following table presents segment asset information:
 As of
(in thousands)
June 30, 2026December 31, 2025
Inventories:
U.S.$524,339 $416,041 
LAAP142,263 118,633 
EMEA132,545 106,508 
Canada75,620 48,274 
Total segment assets
874,767 689,456 
All other assets
1,923,142 2,239,037 
Total assets
$2,797,909 $2,928,493