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SEGMENT DATA
 9 Months Ended
Dec. 31, 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 December 31, 2025
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$756,726 $315,751 $190,885 $70,603 $1,333,965 $(6,204)$1,327,761 
Less:
Marketing and advertising costs63,462 40,594 17,885 2,943 124,884 14,916 139,800 
Other segment expenses(1)
587,362 225,771 152,046 59,656 1,024,835 312,906 1,337,741 
Total operating income (loss)$105,902 $49,386 $20,954 $8,004 $184,246 $(334,026)$(149,780)
Interest income (expense), net(8,892)
Other income (expense), net(1,584)
Income (loss) before income taxes$(160,256)
(1) Other segment expenses within Corporate Other includes $77.7 million of restructuring and related charges incurred under the 2025 restructuring plan (refer to Note 11) and $98.5 million of litigation reserve expense related to the previously disclosed insurance carrier litigation described in Note 8.
Three Months Ended December 31, 2024
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$843,620 $297,890 $201,112 $58,990 $1,401,612 $(573)$1,401,039 
Less:
Marketing and advertising costs65,853 41,781 22,258 2,232 132,124 27,857 159,981 
Other segment expenses(1)
613,699 213,999 164,845 42,572 1,035,115 192,434 1,227,549 
Total operating income (loss)$164,068 $42,110 $14,009 $14,186 $234,373 $(220,864)$13,509 
Interest income (expense), net(3,391)
Other income (expense), net(2,563)
Income (loss) before income taxes$7,555 
(1) Other segment expenses within Corporate Other includes $17.8 million of restructuring and related charges incurred under the 2025 restructuring plan (refer to Note 11) and an impairment charge of $28.4 million relating to vacating the Company's former global headquarters.

Nine Months Ended December 31, 2025
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$2,218,547 $882,037 $533,446 $178,992 $3,813,022 $(17,813)$3,795,209 
Less:
Marketing and advertising costs172,201 99,069 60,420 8,564 340,254 64,266 404,520 
Other segment expenses(1)
1,681,051 641,338 409,294 151,222 2,882,905 637,195 3,520,100 
Total operating income (loss)$365,295 $141,630 $63,732 $19,206 $589,863 $(719,274)$(129,411)
Interest income (expense), net(21,548)
Other income (expense), net(7,221)
Income (loss) before income taxes$(158,180)
(1) Other segment expenses within Corporate Other includes $135.1 million of restructuring and related charges incurred under the 2025 restructuring plan (refer to Note 11) and $98.5 million of litigation reserve expense related to the previously disclosed insurance carrier litigation proceedings described in Note 8.

Nine Months Ended December 31, 2024
North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotal
Net revenues$2,416,225 $807,960 $590,609 $170,340 $3,985,134 $(1,407)$3,983,727 
Less:
Marketing and advertising costs157,968 101,456 71,646 5,295 336,365 70,560 406,925 
Other segment expenses(1)
1,729,041 592,343 460,805 123,517 2,905,706 784,235 3,689,941 
Total operating income (loss)$529,216 $114,161 $58,158 $41,528 $743,063 $(856,202)$(113,139)
Interest income (expense), net(2,794)
Other income (expense), net(8,713)
Income (loss) before income taxes$(124,646)
(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), an impairment charge of $28.4 million relating to vacating the Company's former global headquarters 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).