v3.26.1
REVENUES (Tables)
3 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Net Revenues By Product Category and Distribution Channels
The following tables summarize the Company's net revenues, disaggregated by product category and distribution channels:
Three Months Ended June 30,
20262025
Net revenues by product category:
Apparel$734,035 $746,592 
Footwear245,262 265,855 
Accessories95,694 100,078 
Net sales1,074,991 1,112,525 
License revenues24,806 24,362 
Corporate Other(1,870)(2,819)
    Total net revenues$1,097,927 $1,134,068 

Net revenues by distribution channel:
Wholesale$638,468 $649,050 
Direct-to-consumer436,523 463,475 
Net sales1,074,991 1,112,525 
License revenues24,806 24,362 
Corporate Other(1,870)(2,819)
    Total net revenues$1,097,927 $1,134,068 
Schedule of Customer Refund Liability and Inventory Associated with the Reserves The following table presents the customer refund liability, as well as the associated value of inventory for the periods indicated:
June 30, 2026March 31, 2026
Customer refund liability$109,582 $126,097 
Inventory associated with reserves for sales returns$22,806 $28,537 
Schedule of Change in Contract Liabilities
The following table summarizes the change in the contract liabilities balance during the three months ended June 30, 2026, which primarily results from the timing differences between the Company's satisfaction of performance obligations and the customer's payment.
Total Contract Liabilities
Balance as of March 31, 2026$28,748 
Revenues deferred12,416 
Revenues recognized (1)(2)
(16,269)
Foreign exchange and other1,650 
Balance as of June 30, 2026$26,545 
(1) Includes approximately $2.2 million of revenue from gift cards, including breakage, that were previously included in contract liabilities as of March 31, 2026.
(2) Loyalty points are not separately identifiable and therefore revenues recognized from the redemption of loyalty points consists of both points that were included in the liability balance at the beginning of the period and those that were issued during the period.