v3.26.3
Segment Information (Tables)
 9 Months Ended
Sep. 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 September 30, 2026
(in thousands)
U.S.
LAAP
EMEA
Canada
Total
Net sales
$540,872 $159,453 $175,285 $86,972 $962,582 
Cost of sales
280,758 74,399 85,155 43,251 483,563 
Segment selling, general and administrative expenses
142,791 53,557 46,782 15,783 258,913 
Other segment items(a)
15,822 6,870 4,096 4,053 30,841 
Segment operating income101,501 24,627 39,252 23,885 189,265 
Reconciliation to income before income tax:
Unallocated corporate expenses
79,656 
Operating income
109,609 
Interest income, net
2,795 
Other non-operating expense, net(837)
Income before income tax
$111,567 
(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 September 30, 2025
(in thousands)
U.S.
LAAP
EMEA
Canada
Total
Net sales
$546,690 $143,358 $164,461 $88,916 $943,425 
Cost of sales
275,920 66,286 82,662 46,739 471,607 
Segment selling, general and administrative expenses
157,008 50,260 39,864 15,321 262,453 
Other segment items(a)
16,708 5,694 3,714 4,035 30,151 
Segment operating income97,054 21,118 38,221 22,821 179,214 
Reconciliation to income before income tax:
Unallocated corporate expenses
111,828 
Operating income67,386 
Interest income, net
2,870 
Other non-operating income, net
732 
Income before income tax$70,988 
(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 September 30,
Nine Months Ended September 30,
(in thousands)
2026202520262025
Depreciation and amortization expense:
U.S.$6,189 $6,663 $18,726 $19,405 
LAAP1,580 1,842 4,845 5,020 
EMEA1,367 1,207 3,936 3,420 
Canada720 797 2,249 2,318 
Unallocated corporate expense3,733 3,707 11,338 11,984 
$13,589 $14,216 $41,094 $42,147 
Inventories And Long-Lived Assets By Geographic Area
The following table presents segment asset information:
 As of
(in thousands)
September 30, 2026December 31, 2025
Inventories:
U.S.$558,613 $416,041 
LAAP145,339 118,633 
EMEA126,628 106,508 
Canada58,662 48,274 
Total segment assets
889,242 689,456 
All other assets
1,901,124 2,239,037 
Total assets
$2,790,366 $2,928,493