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SEGMENT DATA
 6 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT DATA
NOTE 17. SEGMENT DATA
The Company's operating segments are based on how the President and Chief Executive Officer, who has been identified as the Chief Operating Decision Maker ("CODM"), makes decisions about allocating resources and assessing performance.
The CODM receives discrete financial information for the Company's principal business by geographic region based on the Company's strategy of being a global brand. These geographic regions include North America, EMEA, Asia-Pacific and Latin America. Each geographic segment operates exclusively in one industry: the development, marketing and distribution of branded performance apparel, footwear and accessories.
The CODM uses operating income (loss) as the measure of profit or loss when making decisions about the allocation of resources to each operating segment during the annual budget and forecasting process, taking into consideration performance against management expectations and performance against other operating segment results. Segment assets and expenditures for additions to long-lived assets are not disclosed as this information is not regularly provided to the CODM.
The Company excludes certain corporate items from its segment profitability measures. The Company reports these items within Corporate Other, which is designed to provide increased transparency and comparability of the Company's operating segments' performance. Corporate Other consists primarily of (i) general and administrative expenses not allocated to an operating segment, including expenses associated with centrally managed departments such as global marketing, global information technology, global supply chain and innovation, and other corporate support functions; (ii) restructuring and restructuring related charges, if any; and (iii) certain foreign currency hedge gains and losses.
The following tables summarize the Company's net revenues, significant expenses and operating income (loss) by its geographic segments, including a reconciliation to income before taxes. Other segment expenses
generally include cost of goods sold, as well as selling, general and administrative costs including compensation-related expenses, facility-related expenses, selling and distribution expenses, consulting expenses, depreciation and amortization, bad debt, and other miscellaneous expenses. Intercompany balances are eliminated in consolidation and are not reviewed when evaluating segment performance.
Three Months Ended September 30, 2025
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$791,502 $317,679 $179,175 $53,814 $1,342,170 $(8,790)$1,333,380 
Less:
Marketing and advertising costs60,981 39,237 22,779 4,267 127,264 26,698 153,962 
Other segment expenses(1)
592,565 225,841 128,321 44,951 991,678 170,694 1,162,372 
Total operating income (loss)$137,956 $52,601 $28,075 $4,596 $223,228 $(206,182)$17,046 
Interest income (expense), net(8,605)
Other income (expense), net(942)
Income (loss) before income taxes$7,499 
(1) Other segment expenses within Corporate Other includes $36.4 million of restructuring and related charges incurred under the 2025 restructuring plan (refer to Note 11).
Three Months Ended September 30, 2024
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$863,345 $283,178 $207,661 $46,941 $1,401,125 $(2,102)$1,399,023 
Less:
Marketing and advertising costs51,941 24,571 24,931 1,514 102,957 22,652 125,609 
Other segment expenses(1)
594,145 207,012 148,516 33,256 982,929 117,405 1,100,334 
Total operating income (loss)$217,259 $51,595 $34,214 $12,171 $315,239 $(142,159)$173,080 
Interest income (expense), net(1,747)
Other income (expense), net(3,420)
Income (loss) before income taxes$167,913 
(1) Other segment expenses within Corporate Other includes $5.9 million of restructuring and related charges incurred under the 2025 restructuring plan (refer to Note 11) and $13 million of recoveries related to the settlement of the Class Action Securities litigation (refer to Note 10 of the Consolidated Financial Statements in Part II, Item 8 of the Company's Annual Report on Form 10-K for Fiscal 2025).

Six Months Ended September 30, 2025
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$1,461,821 $566,286 $342,561 $108,389 $2,479,057 $(11,609)$2,467,448 
Less:
Marketing and advertising costs108,739 58,475 42,535 5,621 215,370 49,350 264,720 
Other segment expenses(1)
1,093,689 415,567 257,248 91,566 1,858,070 324,289 2,182,359 
Total operating income (loss)$259,393 $92,244 $42,778 $11,202 $405,617 $(385,248)$20,369 
Interest income (expense), net(12,656)
Other income (expense), net(5,637)
Income (loss) before income taxes$2,076 
(1) Other segment expenses within Corporate Other includes $57.4 million of restructuring and related charges incurred under the 2025 restructuring plan (refer to Note 11).
Six Months Ended September 30, 2024
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$1,572,605 $510,070 $389,497 $111,350 $2,583,522 $(834)$2,582,688 
Less:
Marketing and advertising costs92,115 59,675 49,388 3,063 204,241 42,703 246,944 
Other segment expenses(1)
1,115,342 378,344 295,960 80,945 1,870,591 591,801 2,462,392 
Total operating income (loss)$365,148 $72,051 $44,149 $27,342 $508,690 $(635,338)$(126,648)
Interest income (expense), net597 
Other income (expense), net(6,150)
Income (loss) before income taxes$(132,201)
(1) Other segment expenses within Corporate Other includes $39.7 million of restructuring and related charges incurred under the 2025 restructuring plan (refer to Note 11) and $261 million of litigation expense, net of insurance proceeds, related to the settlement of the Class Action Securities litigation (refer to Note 10 of the Consolidated Financial Statements in Part II, Item 8 of the Company's Annual Report on Form 10-K for Fiscal 2025).