Crocs (CROX) 10-Q 1 Aug 19 2019 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2019	Jul. 24, 2019
Cover page.
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2019
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2019
Current Fiscal Year End Date	--12-31
Entity File Number	000-51754
Entity Registrant Name	CROCS, INC.
Entity Central Index Key	0001334036
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2164234
Entity Address, Address Line One	7477 East Dry Creek Parkway
Entity Address, City or Town	Niwot
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80503
City Area Code	303
Local Phone Number	848-7000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	CROX
Security Exchange Name	NASDAQ
Common stock outstanding (shares)		69,616,336

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Revenues	$ 358,899	$ 328,004	$ 654,848	$ 611,152
Cost of sales	169,520	146,604	327,854	289,879
Gross profit	189,379	181,400	326,994	321,273
Selling, general and administrative expenses	141,548	144,336	246,585	258,287
Income from operations	47,831	37,064	80,409	62,986
Foreign currency gains (losses), net	(261)	283	(1,478)	1,354
Interest income	131	146	326	425
Interest expense	(2,421)	(132)	(4,238)	(245)
Other income (expense), net	(604)	16	(14)	69
Income before income taxes	44,676	37,377	75,005	64,589
Income tax expense	5,478	3,000	11,097	13,758
Net income	39,198	34,377	63,908	50,831
Dividends on Series A convertible preferred stock	0	(3,000)	0	(6,000)
Dividend equivalents on Series A convertible preferred stock related to redemption value accretion and beneficial conversion feature	0	(951)	0	(1,882)
Net income attributable to common stockholders	$ 39,198	$ 30,426	$ 63,908	$ 42,949
Net income per common share:
Basic (in dollars per share)	$ 0.55	$ 0.37	$ 0.89	$ 0.52
Diluted (in dollars per share)	$ 0.55	$ 0.35	$ 0.87	$ 0.51
Weighted average common shares outstanding:
Basic (shares)	70,936	68,153	71,967	68,427
Diluted (shares)	71,915	71,467	73,369	70,462

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income		$ 39,198	$ 34,377	$ 63,908	$ 50,831
Other comprehensive income:
Foreign currency translation gains (losses), net		992	(12,784)	51	(10,555)
Reclassification of foreign currency translation loss to income	[1]	0	(840)	0	(840)
Total comprehensive income		$ 40,190	$ 20,753	$ 63,959	$ 39,436
[1]	For the three and six months ended June 30, 2018 , represents reclassification of cumulative foreign currency translation adjustment of manufacturing subsidiaries.

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 107,822	$ 123,367
Accounts receivable, net of allowances of $25,824 and $20,477, respectively	168,933	97,627
Inventories	134,602	124,491
Income taxes receivable	5,873	3,041
Other receivables	10,837	7,703
Restricted cash - current	1,805	1,946
Prepaid expenses and other assets	19,893	22,123
Total current assets	449,765	380,298
Property and equipment, net of accumulated depreciation and amortization of $83,382 and $80,956, respectively	36,237	22,211
Intangible assets, net	44,995	45,690
Goodwill	1,600	1,614
Deferred tax assets, net	8,446	8,663
Restricted cash	1,924	2,217
Right-of-use assets	163,808
Other assets	7,366	8,208
Total assets	714,141	468,901
Current liabilities:
Accounts payable	100,705	77,231
Accrued expenses and other liabilities	99,942	102,171
Income taxes payable	12,281	5,089
Current operating lease liabilities	45,394
Total current liabilities	258,322	184,491
Long-term income taxes payable	4,415	4,656
Long-term borrowings	215,000	120,000
Long-term operating lease liabilities	124,329
Other liabilities	139	9,446
Total liabilities	602,205	318,593
Stockholders’ equity:
Preferred stock, par value $0.001 per share, 4.0 million shares authorized, none outstanding	0	0
Common stock, par value $0.001 per share, 250.0 million shares authorized, 104.0 million and 103.0 million issued, 69.6 million and 73.3 million outstanding, respectively	104	103
Treasury stock, at cost, 34.4 million and 29.7 million shares, respectively	(507,193)	(397,491)
Additional paid-in capital	488,730	481,133
Retained earnings	184,896	121,215
Accumulated other comprehensive loss	(54,601)	(54,652)
Total stockholders’ equity	111,936	150,308
Total liabilities and stockholders’ equity	$ 714,141	$ 468,901

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowances	$ 25,824	$ 20,477
Accumulated depreciation	$ 83,382	$ 80,956
Preferred stock par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock authorized (shares)	4,000,000	4,000,000
Preferred stock outstanding (shares)	0	0
Common stock par value (in dollars per share)	$ 0.001	$ 0.001
Common stock authorized (shares)	250,000,000	250,000,000
Common stock issued (shares)	104,000,000	103,000,000
Common stock outstanding (shares)	69,600,000	73,300,000
Treasury stock (shares)	34,400,000	29,700,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance (shares) at Dec. 31, 2017		68,791	25,987
Beginning balance at Dec. 31, 2017	$ 185,865	$ 95	$ (334,312)	$ 373,045	$ 190,431	$ (43,394)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	5,735			5,735
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units (shares)		1,095	38
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units	(208)	$ 1	$ 226	(435)
Repurchases of common stock (shares)		(1,777)	(1,777)
Repurchases of common stock	(25,946)		$ (25,946)
Series A convertible preferred stock dividends	(6,000)				(6,000)
Series A convertible preferred stock accretion	(1,882)				(1,882)
Net income	50,831				50,831
Other comprehensive income (loss)	(11,395)					(11,395)
Other	1,226			1,226
Ending balance (shares) at Jun. 30, 2018		68,109	27,802
Ending balance at Jun. 30, 2018	198,226	$ 96	$ (360,032)	379,571	233,380	(54,789)
Beginning balance (shares) at Mar. 31, 2018		68,277	27,446
Beginning balance at Mar. 31, 2018	183,484	$ 96	$ (355,209)	376,808	202,954	(41,165)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	3,341			3,341
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units (shares)		210	(22)
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units	484	$ 0	$ 1,062	(578)
Repurchases of common stock (shares)		(378)	(378)
Repurchases of common stock	(5,885)		$ (5,885)
Series A convertible preferred stock dividends	(3,000)				(3,000)
Series A convertible preferred stock accretion	(951)				(951)
Net income	34,377				34,377
Other comprehensive income (loss)	(13,624)					(13,624)
Ending balance (shares) at Jun. 30, 2018		68,109	27,802
Ending balance at Jun. 30, 2018	198,226	$ 96	$ (360,032)	379,571	233,380	(54,789)
Beginning balance (shares) at Dec. 31, 2018		73,306	29,656
Beginning balance at Dec. 31, 2018	150,308	$ 103	$ (397,491)	481,133	121,215	(54,652)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	7,401			7,401
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units (shares)		954	49
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units	(1,030)	$ 1	$ (1,227)	196
Repurchases of common stock (shares)		(4,645)	(4,645)
Repurchases of common stock	(108,475)		$ (108,475)
Net income	63,908				63,908
Other comprehensive income (loss)	51					51
Ending balance (shares) at Jun. 30, 2019		69,615	34,350
Ending balance at Jun. 30, 2019	111,936	$ 104	$ (507,193)	488,730	184,896	(54,601)
Beginning balance (shares) at Mar. 31, 2019		72,009	31,838
Beginning balance at Mar. 31, 2019	122,945	$ 104	$ (452,196)	484,932	145,698	(55,593)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation	3,767			3,767
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units (shares)		118	0
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units	31	$ 0	$ 0	31
Repurchases of common stock (shares)		(2,512)	(2,512)
Repurchases of common stock	(54,997)		$ (54,997)
Net income	39,198				39,198
Other comprehensive income (loss)	992					992
Ending balance (shares) at Jun. 30, 2019		69,615	34,350
Ending balance at Jun. 30, 2019	$ 111,936	$ 104	$ (507,193)	$ 488,730	$ 184,896	$ (54,601)

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income		$ 63,908	$ 50,831
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		11,865	14,874
Operating lease cost		29,679
Share-based compensation		7,401	6,015
Other non-cash items		(634)	2,172
Changes in operating assets and liabilities:
Accounts receivable, net of allowances		(73,000)	(73,845)
Inventories		(9,955)	(6,506)
Prepaid expenses and other assets		(912)	(1,089)
Accounts payable, accrued expenses and other liabilities		26,548	48,409
Operating lease liabilities		(34,732)
Cash provided by operating activities		20,168	40,861
Cash flows from investing activities:
Purchases of property, equipment, and software		(18,722)	(3,246)
Proceeds from disposal of property and equipment		260	34
Cash used in investing activities		(18,462)	(3,212)
Cash flows from financing activities:
Proceeds from bank borrowings		95,000	0
Repayments of bank borrowings		0	(669)
Dividends—Series A convertible preferred stock	[1]	(2,985)	(6,000)
Repurchases of common stock		(108,475)	(25,946)
Other		(1,635)	(208)
Cash used in financing activities		(18,095)	(32,823)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash		410	(6,183)
Net change in cash, cash equivalents, and restricted cash		(15,979)	(1,357)
Cash, cash equivalents, and restricted cash—beginning of period		127,530	177,055
Cash, cash equivalents, and restricted cash—end of period		$ 111,551	$ 175,698
[1]	Represents $3.0 million paid to induce conversion of Series A Convertible Preferred Stock to common stock for the six months ended June 30, 2019 and $6.0 million paid in Series A Convertible Preferred Stock cash dividends for the six months ended June 30, 2018 .

Condensed Consolidated Statem_5

Condensed Consolidated Statements Of Cash Flows (Unaudited) (Parenthetical) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Statement of Cash Flows [Abstract]
Payments to induce conversion of Series A Convertible Preferred Stock to common stock	$ 3
Cash dividends paid		$ 6

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Unless otherwise noted in this report, any description of the “Company,” “Crocs,” “we,” “us,” or “our” includes Crocs, Inc. and its consolidated subsidiaries within our reportable operating segments and corporate operations. The Company is engaged in the design, development, worldwide marketing, distribution, and sale of casual lifestyle footwear and accessories for men, women, and children. We strive to be the global leader in the sale of molded footwear characterized by functionality, comfort, color, and lightweight design. Our reportable operating segments include: the Americas, operating in North and South America; Asia Pacific, operating throughout Asia, Australia, and New Zealand; and Europe, Middle East, and Africa (“EMEA”), operating throughout Europe, Russia, the Middle East, and Africa. In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘EMEA’ segment. See Note 14 — Operating Segments and Geographic Information for additional information. The previously reported amounts for revenues and income from operations for the three and six months ended June 30, 2018 have been revised to conform to the current year presentation. The accompanying unaudited condensed consolidated interim financial statements include the Company’s accounts and those of its wholly-owned subsidiaries, and reflect all adjustments which are necessary for a fair statement of the financial position, results of operations, and cash flows for the periods presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Such unaudited condensed consolidated interim financial statements have been prepared in accordance with the instructions to Form 10-Q pursuant to the rules and regulations of the U.S. Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. The year-end condensed balance sheet data was derived from audited financial statements but does not include all disclosures required by U.S. GAAP. These unaudited condensed consolidated interim financial statements should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2018 (“Annual Report”), and have been prepared on a consistent basis with the accounting policies described in Note 1 of the Notes to the Audited Consolidated Financial Statements included in our Annual Report. Our accounting policies did not change during the six months ended June 30, 2019 , other than for the new accounting pronouncements adopted as described in Note 2 — Recent Accounting Pronouncements and “Critical Accounting Policies and Estimates” within Part I - Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations of this Quarterly Report on Form 10-Q. Reclassifications In addition to the shift in certain revenues and expenses previously reported within the ‘Asia Pacific’ and ‘EMEA’ segments described above, the Company has reclassified certain amounts on the condensed consolidated statements of cash flows to conform to current period presentation. Seasonality of Business Due to the seasonal nature of our footwear, which is more heavily focused on styles suitable for warm weather, revenues generated during our fourth quarter, when the northern hemisphere is experiencing cooler weather, are typically less than revenues generated during our first three quarters. Our quarterly results of operations may also fluctuate significantly as a result of a variety of other factors, including the timing of new model introductions, general economic conditions, and consumer confidence. Accordingly, results of operations and cash flows for any one quarter are not necessarily indicative of expected results for any other quarter or for any other year. Transactions with Affiliates The Company receives services from three affiliates of Blackstone Capital Partners VI L.P. (“Blackstone”). Blackstone and certain of its permitted transferees beneficially owned 6,896,548 shares of the Company’s common stock as of June 30, 2019 . Blackstone also has the future right to designate for nomination one director to our Board, and currently has two designees serving on the Board. Certain Blackstone affiliates provide various services to the Company, including inventory count services, cybersecurity and consulting, and workforce management services. The Company incurred expenses for services from these affiliates of $0.3 million for both of the three months ended June 30, 2019 and 2018 , and $1.0 million and $0.4 million for the six months ended June 30, 2019 and 2018 , respectively. Expenses related to these services are reported in ‘Selling, general and administrative expenses’ in the condensed consolidated statements of operations.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCEMENTS New Accounting Pronouncement Adopted Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance that permits reclassification of the income tax effects of the U.S. Tax Cuts and Job Act (“Tax Act”) on accumulated other comprehensive income (“AOCI”) to retained earnings. This guidance may be adopted retrospectively to each period (or periods) in which the income tax effects of the Tax Act related to items remaining in AOCI are recognized, or at the beginning of the period of adoption. The guidance became effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods, with early adoption permitted. This guidance became effective during the first quarter of 2019; however, the Company did not elect to make the optional reclassification. Our policy is to release stranded tax effects from AOCI using either a specific identification approach or portfolio approach based on the nature of the underlying item. Leases In February 2016, the FASB issued authoritative guidance related to accounting for leases. On January 1, 2019, the Company adopted the guidance using the modified retrospective method applied as of the date of adoption. The comparative information presented in the condensed consolidated financial statements was not restated and is reported under the accounting standards in effect for the periods presented. The Company has elected all of the available transition practical expedients, including the ‘package of practical expedients’, which permits us not to reassess under the new standard our prior conclusions about lease identification, lease classification and initial direct costs. The Company has elected not to apply ‘hindsight’ when adopting the standard for determining the reasonably certain lease term and in assessing impairments. The Company has elected the short-term lease exemption, which means the Company has not and will not recognize a right-of-use asset or liability for leases that qualify for the short-term exemption and will recognize those lease expenses on a straight-line basis over the lease term in its condensed consolidated statements of operations. Further, the Company has elected to combine lease and non-lease components for all of its leases. Adoption of the new standard resulted in the recognition of right-of-use assets and liabilities of approximately $176.1 million and $187.4 million , respectively, as of January 1, 2019, with additional adjustments to ‘Prepaid expenses and other assets’, ‘Accrued expenses and other liabilities’, and ‘Retained earnings’. As a result of the adoption of new lease accounting standards, the Company assessed the initial right-of-use assets for impairment and recorded non-cash impairments of $0.2 million within ‘Retained earnings’ in the Company’s condensed consolidated balance sheet. The adoption of this guidance did not have a significant impact on the condensed consolidated statements of operations or cash flows. New Accounting Pronouncements Not Yet Adopted Implementation Costs Incurred in Cloud Computing Arrangements In August 2018, the FASB issued authoritative guidance related to the treatment of implementation costs incurred in a hosting arrangement that is considered a service contract. This guidance becomes effective for annual reporting periods beginning after December 15, 2019, including interim periods within those periods, with early adoption permitted, and will be applied prospectively to all implementation costs incurred after the date of adoption. The Company does not expect this standard to have a material impact on its condensed consolidated financial statements. Other Pronouncements Other new pronouncements issued but not effective until after June 30, 2019 are not expected to have a material impact on the Company’s condensed consolidated financial statements.

Accrued Expenses And Other Liab

Accrued Expenses And Other Liabilities	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Accrued Expenses And Other Liabilities	ACCRUED EXPENSES AND OTHER LIABILITIES Amounts reported in ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets were: June 30, December 31, (in thousands) Accrued compensation and benefits $ 30,461 $ 43,970 Fulfillment, freight, and duties 14,610 12,234 Professional services 15,537 11,124 Accrued rent and occupancy (1) 5,047 6,956 Return liabilities 10,977 6,429 Sales/use and value added taxes payable 11,197 5,601 Royalties payable and deferred revenue 2,953 3,356 Other (2) 9,160 12,501 Total accrued expenses and other liabilities $ 99,942 $ 102,171 (1) At June 30, 2019 , includes accrued rent and occupancy costs for leases with original terms of one year or less, which are excluded from recognition under the new lease accounting standards adopted as of January 1, 2019. See Note 2 — Recent Accounting Pronouncements for more information. (2) At December 31, 2018 , includes accrued payments of $3.0 million to induce the conversion of Series A Convertible Preferred Stock into shares of common stock.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	LEASES The Company adopted authoritative guidance related to leases effective January 1, 2019 using the modified retrospective method. The comparative information presented in the condensed consolidated financial statements was not restated and is reported under the accounting standards in effect for the periods presented. See ‘Leases’ in Note 2 — Recent Accounting Pronouncements for a discussion of the significant changes resulting from adoption of the guidance. The Company’s lease portfolio consists primarily of real estate assets, which includes retail, warehouse, distribution center, and office spaces, under operating leases expiring at various dates through 2033. Leases with an original term of twelve months or less are not reported in the condensed consolidated balance sheet; expense for these short-term leases is recognized on a straight-line basis over the lease term. Many leases include one or more options to renew, with renewal terms that if exercised by us, extend the lease term from one to 10 years. The exercise of these renewal options is at the Company’s discretion. When assessing the likelihood of a renewal or termination, the Company considers the significance of leasehold improvements, availability of alternative locations, and the cost of relocation or replacement, among other considerations. The depreciable lives of leasehold improvements are the shorter of the useful lives of the improvements or the expected lease term. The Company determines the lease term for each lease based on the terms of each contract and factors in renewal and early termination options if such options are reasonably certain to be exercised. Due to the Company’s centralized treasury function, the Company utilizes a portfolio approach to discount its lease obligations. The Company assesses the expected lease term at lease inception and discounts the lease using a fully-secured annual incremental borrowing rate, adjusted for time value corresponding with the expected lease term. Certain of our retail store leases include rental payments based upon a percentage of retail sales in excess of a minimum fixed rental. In some cases, there is no fixed minimum rental and the entire rental payment is based upon a percentage of sales. Certain of our warehouse leases have rental payments that vary based upon the volume of product placed in storage. In addition, certain leases include rental payments adjusted periodically for changes in price level indexes. We recognize expense for these types of payments as incurred and report them as variable lease expense. Right-of-Use Assets and Operating Lease Liabilities Amounts reported in the condensed consolidated balance sheet were: June 30, 2019 (in thousands) Assets: Right-of-use assets $ 163,808 Liabilities: Current operating lease liabilities $ 45,394 Long-term operating lease liabilities 124,329 Total operating lease liabilities $ 169,723 Lease Costs and Other Information Lease-related costs reported in the Company’s condensed consolidated statement of operations were: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (in thousands) Operating lease cost $ 14,749 $ 29,679 Short-term lease cost 387 1,747 Variable lease cost 4,300 7,289 Total lease costs $ 19,436 $ 38,715 Other information related to leases, including supplemental cash flow information, consists of: Six Months Ended June 30, 2019 (in thousands) Cash paid for operating leases $ 33,729 Right-of-use assets obtained in exchange for operating lease liabilities (1) 190,102 (1) Includes $176.1 million for operating leases existing on January 1, 2019 and $14.0 million for operating leases that commenced in the six months ended June 30, 2019 . As of June 30, 2019 Weighted average remaining lease term (in years) 5.5 Weighted average discount rate 4.8 % Maturities The maturities of the Company’s operating lease liabilities were: As of June 30, 2019 (in thousands) 2019 (remainder of year) $ 23,614 2020 47,412 2021 39,420 2022 26,607 2023 18,391 Thereafter 41,095 Total future minimum lease payments 196,539 Less: imputed interest (26,816 ) Total operating lease liabilities $ 169,723 Leases That Have Not Yet Commenced As of June 30, 2019, we had significant obligations for leases that have not yet commenced related to our new distribution center and office relocation projects. In the fourth quarter of 2018, the Company entered into a lease agreement for a new distribution center in Dayton, Ohio, which is expected to fully replace the Company’s existing facility in Ontario, California by the end of 2019. The contractual commitment related to this lease, with payments beginning at substantial completion of the building and continuing through 2030, is approximately $25.4 million , with expected total capital investments of approximately $35 million . In the first quarter of 2019, the Company entered into a lease for its new corporate headquarters and regional office in Broomfield, Colorado. The contractual commitment related to this lease, with payments beginning in March 2020 and continuing through August 2030, is approximately $20.4 million , with expected net capital investments totaling $ 7.0 million . Comparative Information as Reported Under Previous Accounting Standards The following comparative information is reported based upon previous accounting standards in effect for the periods presented. Future minimum lease payments under operating leases were: As of December 31, 2018 (in thousands) 2019 $ 42,455 2020 36,299 2021 29,714 2022 20,721 2023 15,334 Thereafter 54,149 Total minimum lease payments (1) $ 198,672 (1) Includes future minimum lease payments of $25.4 million related to the new distribution center in Dayton, Ohio. Rent expense for operating leases was: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in thousands) Minimum rentals (1) $ 17,532 $ 35,771 Contingent rentals 5,535 7,695 Total rent expense $ 23,067 $ 43,466 (1) Minimum rentals include all lease payments as well as fixed and variable common area maintenance, parking, and storage fees, which were approximately $2.4 million and $4.8 million in the three and six months ended June 30, 2018 , respectively.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Recurring Fair Value Measurements All of the Company’s derivative instruments are classified as Level 2 of the fair value hierarchy and are reported in the condensed consolidated balance sheets within ‘Accrued expenses and other liabilities’ at June 30, 2019 and December 31, 2018 . The fair values of the Company’s derivative instruments were liabilities of $0.5 million and $1.3 million at June 30, 2019 and December 31, 2018 , respectively. See Note 6 — Derivative Financial Instruments for more information. The carrying amounts of the Company’s cash, cash equivalents, and restricted cash, accounts receivable, accounts payable, and current accrued expenses and other liabilities approximate their fair value as recorded due to the short-term maturity of these instruments. The Company’s borrowing instruments are recorded at their carrying values in the condensed consolidated balance sheets, which may differ from their respective fair values. The fair values of the Company’s outstanding borrowings approximate their carrying values at June 30, 2019 and December 31, 2018 , based on interest rates currently available to the Company for similar borrowings and were: June 30, 2019 December 31, 2018 Carrying Value Fair Value Carrying Value Fair Value (in thousands) Borrowings $ 215,000 $ 215,000 $ 120,000 $ 120,000 Non-Financial Assets and Liabilities The Company’s non-financial assets, which primarily consist of property and equipment, goodwill, and other intangible assets, are not required to be carried at fair value on a recurring basis and are reported at carrying value. The fair values of these assets are determined based on Level 3 measurements, including estimates of the amount and timing of future cash flows based upon historical experience, expected market conditions, and management’s plans. Impairment expense is reported in ‘Selling, general and administrative expenses’ in the Company’s condensed consolidated statements of operations. The Company did not record impairment expense in the three and six months ended June 30, 2019 . During the three and six months ended June 30, 2018 , the Company recorded non-cash impairment expenses of $0.1 million and $0.7 million , respectively, to reduce the carrying values of certain retail store assets. During the three and six months ended June 30, 2018 , the Company recorded non-cash impairment expenses of $0.3 million and $1.2 million , respectively, to reduce the carrying values of certain supply chain assets, included in ‘Other businesses,’ to their estimated fair values.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	DERIVATIVE FINANCIAL INSTRUMENTS The Company transacts business in various foreign countries and is therefore exposed to foreign currency exchange rate risk that impacts the reported U.S. Dollar amounts of revenues, expenses, and certain foreign currency monetary assets and liabilities. In order to manage exposure to fluctuations in foreign currency and to reduce the volatility in earnings caused by fluctuations in foreign exchange rates, the Company enters into forward contracts to buy and sell foreign currency. By policy, the Company does not enter into these contracts for trading purposes or speculation. Counterparty default risk is considered low because the forward contracts that the Company enters into are over-the-counter instruments transacted with highly-rated financial institutions. The Company was not required to and did not post collateral as of June 30, 2019 or December 31, 2018 . The Company’s derivative instruments are recorded at fair value as a derivative asset or liability in the condensed consolidated balance sheets. The Company reports derivative instruments with the same counterparty on a net basis when a master netting arrangement is in place. Changes in fair value are recognized within ‘Foreign currency gains (losses), net’ in the condensed consolidated statements of operations. For the condensed consolidated statements of cash flows, the Company classifies cash flows from derivative instruments at settlement in the same category as the cash flows from the related hedged items within ‘Cash provided by operating activities.’ Results of Derivative Activities The fair values of derivative assets and liabilities, net, all of which are classified as Level 2, reported within ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets were: June 30, 2019 December 31, 2018 Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities (in thousands) Forward foreign currency exchange contracts $ 862 $ (1,371 ) $ 943 $ (2,256 ) Netting of counterparty contracts (862 ) 862 (943 ) 943 Foreign currency forward contract derivatives $ — $ (509 ) $ — $ (1,313 ) The notional amounts of outstanding foreign currency forward exchange contracts presented below report the total U.S. Dollar equivalent position and the net contract fair values for each foreign currency position. June 30, 2019 December 31, 2018 Notional Fair Value Notional Fair Value (in thousands) Euro $ 35,271 $ 116 $ 34,959 $ (92 ) Singapore Dollar 38,735 16 34,584 254 Japanese Yen 27,737 (732 ) 25,561 (178 ) British Pound Sterling 9,952 145 22,185 183 South Korean Won 15,257 195 9,408 63 Other currencies 40,351 (249 ) 67,885 (1,543 ) Total $ 167,303 $ (509 ) $ 194,582 $ (1,313 ) Latest maturity date July 2019 January 2019 Amounts reported in ‘Foreign currency gains (losses), net’ in the condensed consolidated statements of operations include both realized and unrealized gains (losses) from foreign currency transactions and derivative contracts, and were: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Foreign currency transaction gains (losses) $ 525 $ (563 ) $ (908 ) $ 488 Foreign currency forward exchange contracts gains (losses) (786 ) 846 (570 ) 866 Foreign currency gains (losses), net $ (261 ) $ 283 $ (1,478 ) $ 1,354

Revolving Credit Facilities and

Revolving Credit Facilities and Bank Borrowings	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Revolving Credit Facilities and Bank Borrowings	REVOLVING CREDIT FACILITIES AND BANK BORROWINGS The Company’s borrowings were as follows: June 30, December 31, (in thousands) Revolving credit facilities $ 215,000 $ 120,000 Less: Current portion of borrowings — — Total long-term borrowings $ 215,000 $ 120,000 Senior Revolving Credit Facility In December 2011, the Company entered into a revolving credit facility (the “Facility”), pursuant to an Amended and Restated Credit Agreement (as amended, the “Credit Agreement”), with the lenders named therein and PNC Bank, National Association, as a lender and administrative agent for the lenders. The Credit Agreement contains certain covenants that restrict certain actions by the Company, including limitations on: (i) stock repurchases to an aggregate of $250.0 million per fiscal year, subject to certain restrictions; and (ii) capital expenditures and commitments to $70.0 million per year. The Credit Agreement also permits intercompany loans of up to $375.0 million and requires the Company to meet certain financial covenant ratios that become effective when average outstanding borrowings under the Credit Agreement, including letters of credit, exceed the lesser of $40.0 million or 40% of the total commitments during certain periods or if the outstanding borrowings exceed the borrowing base. If the financial covenant ratios are in effect, the Company must maintain a minimum fixed charge coverage ratio of 1.10 to 1.00, and a maximum leverage ratio of (i) 2.75 to 1.00 at June 30, 2019, (ii) 2.50 to 1.00 at September 30, 2019, and the last day of each quarter thereafter. As of June 30, 2019 , the Company was in compliance with all financial covenants under the Credit Agreement. As of June 30, 2019 , the total commitments available from the lenders under the Facility were $300.0 million . At June 30, 2019 , the Company had $215.0 million in outstanding borrowings, which are due in February 2021 , and $ 4.6 million in outstanding letters of credit under the Facility, which reduces amounts available for borrowing under the Facility. As of June 30, 2019 and December 31, 2018 , the Company had $ 80.4 million and $129.4 million , respectively, of available borrowing capacity under the Facility. The Company also has a revolving credit facility in Asia, under which the Company had no borrowings during the six months ended June 30, 2019 and year ended December 31, 2018 or borrowings outstanding at June 30, 2019 and December 31, 2018 . Amended Senior Revolving Credit Facility On July 26, 2019, the Company and certain of its subsidiaries (the “Borrowers”) entered into a Second Amended and Restated Credit Agreement (the “Restated Credit Agreement”) with the lenders named therein and PNC Bank, National Association, as a lender and administrative agent. The Restated Credit Agreement replaces the Credit Agreement described above. The Restated Credit Agreement provides for a revolving credit facility of $450.0 million , which can be increased by an additional $150.0 million subject to certain conditions, and the Restated Credit Agreement will mature on July 26, 2024. Borrowings under the Restated Credit Agreement bear interest at a variable rate based on a domestic base rate or a LIBOR rate, plus an applicable margin ranging from 0.00% to 1.875% based on the Company’s leverage ratio. Among other things, the Restated Credit Agreement amended the prior Credit Agreement to (i) require the Company to maintain a minimum interest coverage ratio of 4.00 to 1.00, and a maximum leverage ratio of 3.50 to 1.00 from September 30, 2019 to September 30, 2020, decreasing to 3.25 to 1.00 from December 31, 2020 and thereafter (subject to an increase to 4.00 to 1.00 in the event of certain permitted acquisitions or stock repurchases); (ii) allow stock repurchases so long as after giving effect to such stock repurchases, the maximum leverage ratio does not exceed the applicable maximum leverage ratio, less 0.25 ; (iii) allow permitted acquisitions so long as there is borrowing availability under the Restated Credit Agreement of at least $40.0 million ; and (iv) amend certain other covenants and provisions to be more favorable to the Borrowers. Except as described above, the other material terms of the Restated Credit Agreement are substantially the same as the prior Credit Agreement.

Common Stock Repurchase Program

Common Stock Repurchase Program	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Common Stock Repurchase Program	COMMON STOCK REPURCHASE PROGRAM During the three and six months ended June 30, 2019 , the Company repurchased 2.5 million and 4.6 million shares of its common stock at a cost of $55.0 million and $108.5 million , including commissions, respectively. During the three and six months ended June 30, 2018 , the Company repurchased 0.4 million and 1.8 million shares of its common stock at a cost of $5.9 million and $25.9 million , including commissions, respectively. As of June 30, 2019 , the Company had remaining authorization to repurchase approximately $547.3 million of its common stock, subject to restrictions under its Credit Agreement.

Revenues

Revenues	6 Months Ended
	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenues	REVENUES Revenues by reportable operating segment and by channel were: 2019 Three Months Ended June 30, 2019 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale $ 69,957 $ 63,862 $ 46,136 $ 74 $ 180,029 Retail 65,900 26,865 10,688 — 103,453 E-commerce 34,583 27,697 13,137 — 75,417 Total revenues $ 170,440 $ 118,424 $ 69,961 $ 74 $ 358,899 Six Months Ended June 30, 2019 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale $ 141,186 $ 132,812 $ 110,627 $ 126 $ 384,751 Retail 103,976 40,768 16,105 — 160,849 E-commerce 54,404 35,891 18,953 — 109,248 Total revenues $ 299,566 $ 209,471 $ 145,685 $ 126 $ 654,848 2018 Three Months Ended June 30, 2018 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale (1) $ 53,920 $ 65,464 $ 44,917 $ 295 $ 164,596 Retail 56,594 30,803 12,080 — 99,477 E-commerce 27,248 26,036 10,647 — 63,931 Total revenues $ 137,762 $ 122,303 $ 67,644 $ 295 $ 328,004 Six Months Ended June 30, 2018 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale (1) $ 126,594 $ 131,214 $ 100,777 $ 608 $ 359,193 Retail 91,310 48,417 19,256 — 158,983 E-commerce 43,688 33,851 15,437 — 92,976 Total revenues $ 261,592 $ 213,482 $ 135,470 $ 608 $ 611,152 (1) In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘EMEA’ segment. The previously reported amounts for wholesale revenues for the three and six months ended June 30, 2018 have been revised to conform to the current period presentation. See ‘Impacts of segment composition change’ table below for more information. Impacts of segment composition change: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Increase (Decrease) (in thousands) Impacts on wholesale revenues: Asia Pacific $ (6,097 ) $ (12,080 ) EMEA 6,097 12,080 During the three and six months ended June 30, 2019 , the Company recognized increases of $0.1 million to wholesale revenues due to changes in estimates related to products transferred to customers in prior periods. During the three and six months ended June 30, 2018 , the Company recognized increases of $0.2 million and $1.0 million , respectively, to wholesale revenues due to changes in estimates related to products transferred to customers in prior periods. There were no changes to estimates for retail and e-commerce channel revenues during the three and six months ended June 30, 2019 or 2018 . Contract Liabilities At June 30, 2019 and December 31, 2018 , $1.1 million and $1.6 million , respectively, of deferred revenues associated with advance customer deposits were reported in ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets. Deferred revenues of $0.4 million and $1.5 million , respectively, were recognized in revenues during the three and six months ended June 30, 2019 . The remainder of deferred revenues at June 30, 2019 are expected to be recognized in revenues during the third quarter of 2019 as products are shipped or delivered. Deferred revenues of $1.4 million and $2.2 million , respectively, were recognized in revenues during the three and six months ended June 30, 2018 . Refund Liabilities At June 30, 2019 and December 31, 2018 , $11.0 million and $6.4 million

Share-based Compensation

Share-based Compensation	6 Months Ended
	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-based Compensation	SHARE-BASED COMPENSATION The Company’s share-based compensation awards are issued under the 2015 Equity Incentive Plan (“2015 Plan”) and predecessor plan, the 2007 Equity Incentive Plan (the “2007 Plan”). Any awards that expire or are forfeited under the 2007 Plan become available for issuance under the 2015 Plan. As of June 30, 2019 , 2.3 million shares of common stock remained available for future issuance under the 2015 Plan, subject to adjustment for future stock splits, stock dividends, and similar changes in capitalization. Share-Based Compensation Expense Pre-tax share-based compensation expense reported in the Company’s condensed consolidated statements of operations was: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Cost of sales $ 92 $ 98 $ 180 $ 177 Selling, general and administrative expenses 3,675 3,243 7,221 5,838 Total share-based compensation expense $ 3,767 $ 3,341 $ 7,401 $ 6,015 Stock Option Activity Stock option activity during the six months ended June 30, 2019 was: Number of Options (in thousands) Outstanding as of December 31, 2018 362 Granted — Exercised (12 ) Forfeited or expired (20 ) Outstanding as of June 30, 2019 330 As of June 30, 2019 , the Company had $0.1 million of total unrecognized share-based compensation expense related to unvested options, which is expected to be amortized over the remaining weighted average period of 0.9 years. Restricted Stock Awards and Restricted Stock Units Activity The Company grants service-condition restricted stock awards (“RSAs”) as well as service-condition, performance-condition, and market-condition restricted stock units (“RSUs”). RSA and RSU activity during the six months ended June 30, 2019 was: Restricted Stock Awards Restricted Stock Units Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value (in thousands, except fair value data) Unvested at December 31, 2018 6 $ 18.61 2,752 $ 11.58 Granted 12 20.53 769 25.36 Vested (8 ) 20.08 (950 ) 9.65 Forfeited — — (563 ) 11.06 Unvested at June 30, 2019 10 $ 19.64 2,008 $ 14.43 As of June 30, 2019 , unrecognized share-based compensation expense for RSAs was $0.2 million , which is expected to amortize over a remaining weighted average period of 0.9 years. RSUs vested during the six months ended June 30, 2019 consisted of 0.6 million service-condition awards and 0.4 million performance- and market-condition awards. As of June 30, 2019 , unrecognized share-based compensation expenses for service-condition awards were $10.9 million and for performance- and market-condition awards were $8.7 million , and are expected to amortize over remaining weighted average periods of 1.7 years and 2.1 years, respectively.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Income tax expense and effective tax rates were: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands, except effective tax rate) Income before income taxes $ 44,676 $ 37,377 $ 75,005 $ 64,589 Income tax expense 5,478 3,000 11,097 13,758 Effective tax rate 12.3 % 8.0 % 14.8 % 21.3 % During the three months ended June 30, 2019, the increase in the effective tax rate, compared to the same period in 2018, was driven primarily by tax expense recorded in profitable jurisdictions, partially offset by operating losses in jurisdictions for which the Company has determined it is not more likely than not to realize the associated tax benefits and the release of valuation allowances in certain jurisdictions. The Company’s effective income tax rate, for each period presented, also differs from the federal U.S. statutory rate primarily due to differences in income tax rates between U.S. and foreign jurisdictions, as well as operating losses in certain jurisdictions for which tax benefits cannot be recognized. There were no significant or unusual discrete tax items during the six months ended June 30, 2019. The Company had unrecognized tax benefits of $4.4 million and $4.5 million at June 30, 2019 and December 31, 2018, respectively, and the Company does not expect any significant changes in tax benefits in the next twelve months. During the six months ended June 30, 2019 , income tax expense decreased $2.7 million compared to the same period in 2018 . The effective tax rate for the six months ended June 30, 2019 was 14.8% compared to an effective tax rate of 21.3% for the same period in 2018 , a 6.5% decrease. This decrease in the effective rate was due to operating losses in jurisdictions for which the Company has determined that it is not more likely than not to realize the associated tax benefits, partially offset by tax expense recorded in profitable jurisdictions. Our effective tax rate of 14.8% for the six months ended June 30, 2019 differs from the federal U.S. statutory rate due to differences in income tax rates between U.S. and foreign jurisdictions as well as book losses in certain jurisdictions for which tax benefits cannot be recognized. Our tax rate is volatile and may increase or decrease with changes in, among other things, the amount of income or loss by jurisdiction, our ability to utilize net operating losses and foreign tax credits, changes in tax laws, and the movement of liabilities established pursuant to accounting guidance for uncertain tax positions as statutes of limitations expire, positions are effectively settled, or when additional information becomes available. There are proposed or pending tax law changes in various jurisdictions and other changes to regulatory environments in countries in which we do business that, if enacted, may have an impact on our effective tax rate.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Basic and diluted earnings per common share (“EPS”) for the three and six months ended June 30, 2019 and 2018 were: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands, except per share data) Numerator: Net income attributable to common stockholders $ 39,198 $ 30,426 $ 63,908 $ 42,949 Less: Net income allocable to Series A Convertible Preferred stockholders (1) — (5,121 ) — (7,205 ) Remaining net income available to common stockholders - basic and diluted $ 39,198 $ 25,305 $ 63,908 $ 35,744 Denominator: Weighted average common shares outstanding - basic 70,936 68,153 71,967 68,427 Plus: dilutive effect of stock options and unvested restricted stock units for both periods and Series A Convertible Preferred Stock in 2018 979 3,314 1,402 2,035 Weighted average common shares outstanding - diluted 71,915 71,467 73,369 70,462 Net income per common share: Basic $ 0.55 $ 0.37 $ 0.89 $ 0.52 Diluted $ 0.55 $ 0.35 $ 0.87 $ 0.51 (1) Represents the amount which would have been paid to Series A Convertible Preferred stockholders in the event the Company had declared a dividend on its common stock. For the three and six months ended June 30, 2019 , 0.3 million and 0.2 million options and RSUs were excluded from the calculation of diluted EPS because the effect was anti-dilutive. For the three and six months ended June 30, 2018 , 0.1 million and 0.2 million options and RSUs were excluded from the calculation of diluted EPS under the two-class method because the effect was anti-dilutive.

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES Purchase Commitments As of June 30, 2019 , the Company had purchase commitments to third-party manufacturers, primarily for materials and supplies used in the manufacture of the Company’s products, for an aggregate of $ 109.3 million . Other The Company is regularly subject to, and is currently undergoing, audits by various tax authorities in the United States and several foreign jurisdictions, including customs duties, import, and other taxes for prior tax years. During its normal course of business, the Company may make certain indemnities, commitments, and guarantees under which it may be required to make payments. The Company cannot determine a range of estimated future payments and has not recorded any liability for indemnities, commitments, and guarantees in the accompanying condensed consolidated balance sheets. See Note 15 — Legal Proceedings for further details regarding potential loss contingencies related to government tax audits and other current legal proceedings.

Operating Segments and Geograph

Operating Segments and Geographic Information	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Operating Segments and Geographic Information	OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION The Company has three reportable operating segments based on the geographic nature of its operations: Americas, Asia Pacific, and EMEA. In addition, the ‘Other businesses’ category aggregates insignificant operating segments that do not meet the reportable segment threshold, including corporate operations and company-operated manufacturing facilities, which substantially ceased operations in the third quarter of 2018. Each of the reportable operating segments derives its revenues from the sale of footwear and accessories to external customers. Revenues for ‘Other businesses’ include non-footwear and accessories product sales to external customers that are excluded from the measurement of segment operating revenues and income. Segment performance is evaluated based on segment results without allocating corporate expenses, or indirect general, administrative, and other expenses. Segment profits or losses include adjustments to eliminate inter-segment sales. Reconciling items between segment income from operations and income from operations consist of other businesses and unallocated corporate and other expenses, as well as inter-segment eliminations. The following tables set forth information related to reportable operating segments: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Revenues: Americas $ 170,440 $ 137,762 $ 299,566 $ 261,592 Asia Pacific (1) 118,424 122,303 209,471 213,482 EMEA (1) 69,961 67,644 145,685 135,470 Total segment revenues 358,825 327,709 654,722 610,544 Other businesses 74 295 126 608 Total consolidated revenues $ 358,899 $ 328,004 $ 654,848 $ 611,152 Income from operations: Americas $ 56,945 $ 39,689 $ 90,554 $ 68,228 Asia Pacific (1) 28,083 33,672 54,764 57,780 EMEA (1) 22,533 21,416 47,577 41,755 Total segment income from operations 107,561 94,777 192,895 167,763 Reconciliation of total segment income from operations to income before income taxes: Other businesses (10,133 ) (16,531 ) (26,470 ) (27,465 ) Unallocated corporate and other (2) (49,597 ) (41,182 ) (86,016 ) (77,312 ) Income from operations 47,831 37,064 80,409 62,986 Foreign currency gains (losses), net (261 ) 283 (1,478 ) 1,354 Interest income 131 146 326 425 Interest expense (2,421 ) (132 ) (4,238 ) (245 ) Other income (604 ) 16 (14 ) 69 Income before income taxes $ 44,676 $ 37,377 $ 75,005 $ 64,589 Depreciation and amortization: Americas $ 869 $ 1,211 $ 1,778 $ 2,515 Asia Pacific 208 537 432 1,233 EMEA 194 327 415 679 Total segment depreciation and amortization 1,271 2,075 2,625 4,427 Other businesses 1,058 1,431 2,381 2,955 Unallocated corporate and other 3,400 3,725 6,859 7,492 Total consolidated depreciation and amortization $ 5,729 $ 7,231 $ 11,865 $ 14,874 (1) In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘EMEA’ segment. The previously reported amounts for revenues and income from operations for the three and six months ended June 30, 2018 have also been revised to conform to the current period presentation. See ‘Impacts of segment composition change’ table below for more information. (2) Unallocated corporate and other includes corporate support and administrative functions, costs associated with share-based compensation, research and development, brand marketing, legal, and depreciation and amortization of corporate and other assets not allocated to operating segments. Impacts of segment composition change: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Increase (Decrease) (in thousands) Impacts on revenues: Asia Pacific $ (6,097 ) $ (12,080 ) EMEA 6,097 12,080 Impacts on income from operations: Asia Pacific (2,715 ) (5,191 ) EMEA 2,715 5,191 The following table sets forth asset information related to reportable operating segments as of the dates shown: June 30, 2019 December 31, 2018 (in thousands) Long-lived assets: Americas $ 131,963 $ 12,977 Asia Pacific 23,937 1,831 EMEA 15,199 3,125 Total segment long-lived assets 171,099 17,933 Supply Chain 32,628 11,996 Corporate and other 42,913 39,586 Total long-lived assets $ 246,640 $ 69,515 Total consolidated assets: Americas $ 322,207 $ 157,016 Asia Pacific 155,602 139,679 EMEA 93,883 66,021 Total segment assets 571,692 362,716 Supply Chain 47,860 31,108 Corporate and other 94,589 75,077 Total consolidated assets $ 714,141 $ 468,901

Legal Proceedings

Legal Proceedings	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Legal proceedings	LEGAL PROCEEDINGS The Company was subjected to an audit by the Brazilian Federal Tax Authorities related to imports of footwear from China between 2010 and 2014. On January 13, 2015, the Company was notified about the issuance of assessments totaling 14.4 million Brazilian Real (“BRL”), or approximately $3.7 million , plus interest and penalties, for the period January 2010 through May 2011. The Company has disputed these assessments and asserted defenses to the claims. On February 25, 2015, the Company received additional assessments totaling 33.3 million BRL, or approximately $8.6 million , plus interest and penalties, related to the remainder of the audit period. The Company has also disputed these assessments and asserted defenses to these claims in administrative appeals. On August 29, 2017, the Company received a favorable ruling on its appeal of the first assessment, which dismissed all fines, penalties, and interest. The tax authorities have appealed that decision and Crocs has challenged the appeal on both the merits and procedure. Should the Brazilian Tax Authority prevail in this final administrative appeal, Crocs may still challenge the assessments through the court system, which would likely require the posting of a bond. Additionally, the second appeal for the remaining assessments was heard on March 22, 2018. That decision was partially favorable and resulted in an approximately 38% reduction in principal, penalties, and interest, leaving approximately $5.3 million , plus interest and penalties, at risk for those assessments. The tax authorities have appealed that decision and Crocs has filed a response to the tax authorities’ appeal as well as a separate appeal against the unfavorable portion of the ruling. We have not recorded these items within the condensed consolidated financial statements as it is not possible at this time to predict the timing or outcome of this matter or to estimate a potential amount of loss, if any. For all other claims and disputes, where the Company is able to estimate reasonably possible losses or a range of reasonably possible losses, the Company estimates that as of June 30, 2019 , reasonably possible losses associated with these claims and other disputes could potentially exceed amounts accrued by up to $0.6 million . Although the Company is subject to other litigation from time to time in the ordinary course of business, including employment, intellectual property and product liability claims, the Company is not party to any other pending legal proceedings that it believes would reasonably have a material adverse impact on its business, financial results, and cash flows.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Unless otherwise noted in this report, any description of the “Company,” “Crocs,” “we,” “us,” or “our” includes Crocs, Inc. and its consolidated subsidiaries within our reportable operating segments and corporate operations. The Company is engaged in the design, development, worldwide marketing, distribution, and sale of casual lifestyle footwear and accessories for men, women, and children. We strive to be the global leader in the sale of molded footwear characterized by functionality, comfort, color, and lightweight design.
Segment Reporting	Our reportable operating segments include: the Americas, operating in North and South America; Asia Pacific, operating throughout Asia, Australia, and New Zealand; and Europe, Middle East, and Africa (“EMEA”), operating throughout Europe, Russia, the Middle East, and Africa. In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘EMEA’ segment. See Note 14 — Operating Segments and Geographic Information for additional information. The previously reported amounts for revenues and income from operations for the three and six months ended June 30, 2018 have been revised to conform to the current year presentation.
Principles of Consolidation	The accompanying unaudited condensed consolidated interim financial statements include the Company’s accounts and those of its wholly-owned subsidiaries, and reflect all adjustments which are necessary for a fair statement of the financial position, results of operations, and cash flows for the periods presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Such unaudited condensed consolidated interim financial statements have been prepared in accordance with the instructions to Form 10-Q pursuant to the rules and regulations of the U.S. Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. The year-end condensed balance sheet data was derived from audited financial statements but does not include all disclosures required by U.S. GAAP. These unaudited condensed consolidated interim financial statements should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2018
Reclassifications	Reclassifications In addition to the shift in certain revenues and expenses previously reported within the ‘Asia Pacific’ and ‘EMEA’ segments described above, the Company has reclassified certain amounts on the condensed consolidated statements of cash flows to conform to current period presentation.
Seasonality of Business	Seasonality of Business Due to the seasonal nature of our footwear, which is more heavily focused on styles suitable for warm weather, revenues generated during our fourth quarter, when the northern hemisphere is experiencing cooler weather, are typically less than revenues generated during our first three quarters. Our quarterly results of operations may also fluctuate significantly as a result of a variety of other factors, including the timing of new model introductions, general economic conditions, and consumer confidence. Accordingly, results of operations and cash flows for any one quarter are not necessarily indicative of expected results for any other quarter or for any other year.
Transactions with Affiliates	Transactions with Affiliates The Company receives services from three affiliates of Blackstone Capital Partners VI L.P. (“Blackstone”). Blackstone and certain of its permitted transferees beneficially owned 6,896,548 shares of the Company’s common stock as of June 30, 2019 . Blackstone also has the future right to designate for nomination one director to our Board, and currently has two designees serving on the Board. Certain Blackstone affiliates provide various services to the Company, including inventory count services, cybersecurity and consulting, and workforce management services. The Company incurred expenses for services from these affiliates of $0.3 million for both of the three months ended June 30, 2019 and 2018 , and $1.0 million and $0.4 million for the six months ended June 30, 2019 and 2018 , respectively. Expenses related to these services are reported in ‘Selling, general and administrative expenses’ in the condensed consolidated statements of operations.
Recent Accounting Pronouncements	New Accounting Pronouncement Adopted Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance that permits reclassification of the income tax effects of the U.S. Tax Cuts and Job Act (“Tax Act”) on accumulated other comprehensive income (“AOCI”) to retained earnings. This guidance may be adopted retrospectively to each period (or periods) in which the income tax effects of the Tax Act related to items remaining in AOCI are recognized, or at the beginning of the period of adoption. The guidance became effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods, with early adoption permitted. This guidance became effective during the first quarter of 2019; however, the Company did not elect to make the optional reclassification. Our policy is to release stranded tax effects from AOCI using either a specific identification approach or portfolio approach based on the nature of the underlying item. Leases In February 2016, the FASB issued authoritative guidance related to accounting for leases. On January 1, 2019, the Company adopted the guidance using the modified retrospective method applied as of the date of adoption. The comparative information presented in the condensed consolidated financial statements was not restated and is reported under the accounting standards in effect for the periods presented. The Company has elected all of the available transition practical expedients, including the ‘package of practical expedients’, which permits us not to reassess under the new standard our prior conclusions about lease identification, lease classification and initial direct costs. The Company has elected not to apply ‘hindsight’ when adopting the standard for determining the reasonably certain lease term and in assessing impairments. The Company has elected the short-term lease exemption, which means the Company has not and will not recognize a right-of-use asset or liability for leases that qualify for the short-term exemption and will recognize those lease expenses on a straight-line basis over the lease term in its condensed consolidated statements of operations. Further, the Company has elected to combine lease and non-lease components for all of its leases. Adoption of the new standard resulted in the recognition of right-of-use assets and liabilities of approximately $176.1 million and $187.4 million , respectively, as of January 1, 2019, with additional adjustments to ‘Prepaid expenses and other assets’, ‘Accrued expenses and other liabilities’, and ‘Retained earnings’. As a result of the adoption of new lease accounting standards, the Company assessed the initial right-of-use assets for impairment and recorded non-cash impairments of $0.2 million within ‘Retained earnings’ in the Company’s condensed consolidated balance sheet. The adoption of this guidance did not have a significant impact on the condensed consolidated statements of operations or cash flows. New Accounting Pronouncements Not Yet Adopted Implementation Costs Incurred in Cloud Computing Arrangements In August 2018, the FASB issued authoritative guidance related to the treatment of implementation costs incurred in a hosting arrangement that is considered a service contract. This guidance becomes effective for annual reporting periods beginning after December 15, 2019, including interim periods within those periods, with early adoption permitted, and will be applied prospectively to all implementation costs incurred after the date of adoption. The Company does not expect this standard to have a material impact on its condensed consolidated financial statements. Other Pronouncements Other new pronouncements issued but not effective until after June 30, 2019 are not expected to have a material impact on the Company’s condensed consolidated financial statements.
Leases	The Company’s lease portfolio consists primarily of real estate assets, which includes retail, warehouse, distribution center, and office spaces, under operating leases expiring at various dates through 2033. Leases with an original term of twelve months or less are not reported in the condensed consolidated balance sheet; expense for these short-term leases is recognized on a straight-line basis over the lease term. Many leases include one or more options to renew, with renewal terms that if exercised by us, extend the lease term from one to 10 years. The exercise of these renewal options is at the Company’s discretion. When assessing the likelihood of a renewal or termination, the Company considers the significance of leasehold improvements, availability of alternative locations, and the cost of relocation or replacement, among other considerations. The depreciable lives of leasehold improvements are the shorter of the useful lives of the improvements or the expected lease term. The Company determines the lease term for each lease based on the terms of each contract and factors in renewal and early termination options if such options are reasonably certain to be exercised. Due to the Company’s centralized treasury function, the Company utilizes a portfolio approach to discount its lease obligations. The Company assesses the expected lease term at lease inception and discounts the lease using a fully-secured annual incremental borrowing rate, adjusted for time value corresponding with the expected lease term. Certain of our retail store leases include rental payments based upon a percentage of retail sales in excess of a minimum fixed rental. In some cases, there is no fixed minimum rental and the entire rental payment is based upon a percentage of sales. Certain of our warehouse leases have rental payments that vary based upon the volume of product placed in storage. In addition, certain leases include rental payments adjusted periodically for changes in price level indexes. We recognize expense for these types of payments as incurred and report them as variable lease expense.
Fair Value of Non-Financial Assets and Liabilities	The Company’s non-financial assets, which primarily consist of property and equipment, goodwill, and other intangible assets, are not required to be carried at fair value on a recurring basis and are reported at carrying value. The fair values of these assets are determined based on Level 3 measurements, including estimates of the amount and timing of future cash flows based upon historical experience, expected market conditions, and management’s plans.
Derivatives Financial Instruments	The Company’s derivative instruments are recorded at fair value as a derivative asset or liability in the condensed consolidated balance sheets. The Company reports derivative instruments with the same counterparty on a net basis when a master netting arrangement is in place. Changes in fair value are recognized within ‘Foreign currency gains (losses), net’ in the condensed consolidated statements of operations. For the condensed consolidated statements of cash flows, the Company classifies cash flows from derivative instruments at settlement in the same category as the cash flows from the related hedged items within ‘Cash provided by operating activities.

Accrued Expenses And Other Li_2

Accrued Expenses And Other Liabilities (Tables)	6 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Schedule of Accrued Expenses & Other Liabilities	Amounts reported in ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets were: June 30, December 31, (in thousands) Accrued compensation and benefits $ 30,461 $ 43,970 Fulfillment, freight, and duties 14,610 12,234 Professional services 15,537 11,124 Accrued rent and occupancy (1) 5,047 6,956 Return liabilities 10,977 6,429 Sales/use and value added taxes payable 11,197 5,601 Royalties payable and deferred revenue 2,953 3,356 Other (2) 9,160 12,501 Total accrued expenses and other liabilities $ 99,942 $ 102,171 (1) At June 30, 2019 , includes accrued rent and occupancy costs for leases with original terms of one year or less, which are excluded from recognition under the new lease accounting standards adopted as of January 1, 2019. See Note 2 — Recent Accounting Pronouncements for more information. (2) At December 31, 2018 , includes accrued payments of $3.0 million to induce the conversion of Series A Convertible Preferred Stock into shares of common stock.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Schedule of Rights-of-use Assets and Operating Lease Liabilities	Amounts reported in the condensed consolidated balance sheet were: June 30, 2019 (in thousands) Assets: Right-of-use assets $ 163,808 Liabilities: Current operating lease liabilities $ 45,394 Long-term operating lease liabilities 124,329 Total operating lease liabilities $ 169,723
Schedule of Lease Costs and Other Information	Lease-related costs reported in the Company’s condensed consolidated statement of operations were: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 (in thousands) Operating lease cost $ 14,749 $ 29,679 Short-term lease cost 387 1,747 Variable lease cost 4,300 7,289 Total lease costs $ 19,436 $ 38,715 Other information related to leases, including supplemental cash flow information, consists of: Six Months Ended June 30, 2019 (in thousands) Cash paid for operating leases $ 33,729 Right-of-use assets obtained in exchange for operating lease liabilities (1) 190,102 (1) Includes $176.1 million for operating leases existing on January 1, 2019 and $14.0 million for operating leases that commenced in the six months ended June 30, 2019 . As of June 30, 2019 Weighted average remaining lease term (in years) 5.5 Weighted average discount rate 4.8 %
Schedule of Maturities of Operating Lease Liabilities	The maturities of the Company’s operating lease liabilities were: As of June 30, 2019 (in thousands) 2019 (remainder of year) $ 23,614 2020 47,412 2021 39,420 2022 26,607 2023 18,391 Thereafter 41,095 Total future minimum lease payments 196,539 Less: imputed interest (26,816 ) Total operating lease liabilities $ 169,723
Schedule of Future Minimum Lease Payments	Future minimum lease payments under operating leases were: As of December 31, 2018 (in thousands) 2019 $ 42,455 2020 36,299 2021 29,714 2022 20,721 2023 15,334 Thereafter 54,149 Total minimum lease payments (1) $ 198,672 (1) Includes future minimum lease payments of $25.4 million related to the new distribution center in Dayton, Ohio.
Schedule of Rent Expense based on Guidance Previously in Effect	Rent expense for operating leases was: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in thousands) Minimum rentals (1) $ 17,532 $ 35,771 Contingent rentals 5,535 7,695 Total rent expense $ 23,067 $ 43,466 (1) Minimum rentals include all lease payments as well as fixed and variable common area maintenance, parking, and storage fees, which were approximately $2.4 million and $4.8 million in the three and six months ended June 30, 2018 , respectively.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value of the Company's Outstanding Borrowings	The fair values of the Company’s outstanding borrowings approximate their carrying values at June 30, 2019 and December 31, 2018 , based on interest rates currently available to the Company for similar borrowings and were: June 30, 2019 December 31, 2018 Carrying Value Fair Value Carrying Value Fair Value (in thousands) Borrowings $ 215,000 $ 215,000 $ 120,000 $ 120,000

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Values of Derivative Assets and Liabilities	The fair values of derivative assets and liabilities, net, all of which are classified as Level 2, reported within ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets were: June 30, 2019 December 31, 2018 Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities (in thousands) Forward foreign currency exchange contracts $ 862 $ (1,371 ) $ 943 $ (2,256 ) Netting of counterparty contracts (862 ) 862 (943 ) 943 Foreign currency forward contract derivatives $ — $ (509 ) $ — $ (1,313 )
Summary of Derivative Financial Instruments Notional Amounts on Outstanding Positions	The notional amounts of outstanding foreign currency forward exchange contracts presented below report the total U.S. Dollar equivalent position and the net contract fair values for each foreign currency position. June 30, 2019 December 31, 2018 Notional Fair Value Notional Fair Value (in thousands) Euro $ 35,271 $ 116 $ 34,959 $ (92 ) Singapore Dollar 38,735 16 34,584 254 Japanese Yen 27,737 (732 ) 25,561 (178 ) British Pound Sterling 9,952 145 22,185 183 South Korean Won 15,257 195 9,408 63 Other currencies 40,351 (249 ) 67,885 (1,543 ) Total $ 167,303 $ (509 ) $ 194,582 $ (1,313 ) Latest maturity date July 2019 January 2019
Schedule of Gains / Losses from Foreign Currency Transactions and Derivative Contracts	Amounts reported in ‘Foreign currency gains (losses), net’ in the condensed consolidated statements of operations include both realized and unrealized gains (losses) from foreign currency transactions and derivative contracts, and were: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Foreign currency transaction gains (losses) $ 525 $ (563 ) $ (908 ) $ 488 Foreign currency forward exchange contracts gains (losses) (786 ) 846 (570 ) 866 Foreign currency gains (losses), net $ (261 ) $ 283 $ (1,478 ) $ 1,354

Revolving Credit Facilities a_2

Revolving Credit Facilities and Bank Borrowings (Tables)	6 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Components Of Company's Borrowings	The Company’s borrowings were as follows: June 30, December 31, (in thousands) Revolving credit facilities $ 215,000 $ 120,000 Less: Current portion of borrowings — — Total long-term borrowings $ 215,000 $ 120,000

Revenues (Tables)

Revenues (Tables)	6 Months Ended
	Jun. 30, 2019
Revenue from Contract with Customer [Abstract]
Revenues Disaggregated by Region and by Channel	Revenues by reportable operating segment and by channel were: 2019 Three Months Ended June 30, 2019 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale $ 69,957 $ 63,862 $ 46,136 $ 74 $ 180,029 Retail 65,900 26,865 10,688 — 103,453 E-commerce 34,583 27,697 13,137 — 75,417 Total revenues $ 170,440 $ 118,424 $ 69,961 $ 74 $ 358,899 Six Months Ended June 30, 2019 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale $ 141,186 $ 132,812 $ 110,627 $ 126 $ 384,751 Retail 103,976 40,768 16,105 — 160,849 E-commerce 54,404 35,891 18,953 — 109,248 Total revenues $ 299,566 $ 209,471 $ 145,685 $ 126 $ 654,848 2018 Three Months Ended June 30, 2018 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale (1) $ 53,920 $ 65,464 $ 44,917 $ 295 $ 164,596 Retail 56,594 30,803 12,080 — 99,477 E-commerce 27,248 26,036 10,647 — 63,931 Total revenues $ 137,762 $ 122,303 $ 67,644 $ 295 $ 328,004 Six Months Ended June 30, 2018 Americas Asia Pacific EMEA Other Businesses Total (in thousands) Channel: Wholesale (1) $ 126,594 $ 131,214 $ 100,777 $ 608 $ 359,193 Retail 91,310 48,417 19,256 — 158,983 E-commerce 43,688 33,851 15,437 — 92,976 Total revenues $ 261,592 $ 213,482 $ 135,470 $ 608 $ 611,152 (1) In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘EMEA’ segment. The previously reported amounts for wholesale revenues for the three and six months ended June 30, 2018 have been revised to conform to the current period presentation. See ‘Impacts of segment composition change’ table below for more information. Impacts of segment composition change: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Increase (Decrease) (in thousands) Impacts on wholesale revenues: Asia Pacific $ (6,097 ) $ (12,080 ) EMEA 6,097 12,080

Share-based Compensation (Table

Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Schedule of Share-based Compensation Expense	Pre-tax share-based compensation expense reported in the Company’s condensed consolidated statements of operations was: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Cost of sales $ 92 $ 98 $ 180 $ 177 Selling, general and administrative expenses 3,675 3,243 7,221 5,838 Total share-based compensation expense $ 3,767 $ 3,341 $ 7,401 $ 6,015
Stock Option Activity	Stock option activity during the six months ended June 30, 2019 was: Number of Options (in thousands) Outstanding as of December 31, 2018 362 Granted — Exercised (12 ) Forfeited or expired (20 ) Outstanding as of June 30, 2019 330
Schedule Of Restricted Stock Award And Restricted Stock Unit Activity	RSA and RSU activity during the six months ended June 30, 2019 was: Restricted Stock Awards Restricted Stock Units Shares Weighted Average Grant Date Fair Value Shares Weighted Average Grant Date Fair Value (in thousands, except fair value data) Unvested at December 31, 2018 6 $ 18.61 2,752 $ 11.58 Granted 12 20.53 769 25.36 Vested (8 ) 20.08 (950 ) 9.65 Forfeited — — (563 ) 11.06 Unvested at June 30, 2019 10 $ 19.64 2,008 $ 14.43

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Summary of Tax Expense and Effective Tax Rates	Income tax expense and effective tax rates were: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands, except effective tax rate) Income before income taxes $ 44,676 $ 37,377 $ 75,005 $ 64,589 Income tax expense 5,478 3,000 11,097 13,758 Effective tax rate 12.3 % 8.0 % 14.8 % 21.3 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Summary Of Basic And Diluted Earnings Per Share	Basic and diluted earnings per common share (“EPS”) for the three and six months ended June 30, 2019 and 2018 were: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands, except per share data) Numerator: Net income attributable to common stockholders $ 39,198 $ 30,426 $ 63,908 $ 42,949 Less: Net income allocable to Series A Convertible Preferred stockholders (1) — (5,121 ) — (7,205 ) Remaining net income available to common stockholders - basic and diluted $ 39,198 $ 25,305 $ 63,908 $ 35,744 Denominator: Weighted average common shares outstanding - basic 70,936 68,153 71,967 68,427 Plus: dilutive effect of stock options and unvested restricted stock units for both periods and Series A Convertible Preferred Stock in 2018 979 3,314 1,402 2,035 Weighted average common shares outstanding - diluted 71,915 71,467 73,369 70,462 Net income per common share: Basic $ 0.55 $ 0.37 $ 0.89 $ 0.52 Diluted $ 0.55 $ 0.35 $ 0.87 $ 0.51 (1) Represents the amount which would have been paid to Series A Convertible Preferred stockholders in the event the Company had declared a dividend on its common stock.

Operating Segments and Geogra_2

Operating Segments and Geographic Information (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Information Related to Reportable Operating Segments	The following tables set forth information related to reportable operating segments: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 (in thousands) Revenues: Americas $ 170,440 $ 137,762 $ 299,566 $ 261,592 Asia Pacific (1) 118,424 122,303 209,471 213,482 EMEA (1) 69,961 67,644 145,685 135,470 Total segment revenues 358,825 327,709 654,722 610,544 Other businesses 74 295 126 608 Total consolidated revenues $ 358,899 $ 328,004 $ 654,848 $ 611,152 Income from operations: Americas $ 56,945 $ 39,689 $ 90,554 $ 68,228 Asia Pacific (1) 28,083 33,672 54,764 57,780 EMEA (1) 22,533 21,416 47,577 41,755 Total segment income from operations 107,561 94,777 192,895 167,763 Reconciliation of total segment income from operations to income before income taxes: Other businesses (10,133 ) (16,531 ) (26,470 ) (27,465 ) Unallocated corporate and other (2) (49,597 ) (41,182 ) (86,016 ) (77,312 ) Income from operations 47,831 37,064 80,409 62,986 Foreign currency gains (losses), net (261 ) 283 (1,478 ) 1,354 Interest income 131 146 326 425 Interest expense (2,421 ) (132 ) (4,238 ) (245 ) Other income (604 ) 16 (14 ) 69 Income before income taxes $ 44,676 $ 37,377 $ 75,005 $ 64,589 Depreciation and amortization: Americas $ 869 $ 1,211 $ 1,778 $ 2,515 Asia Pacific 208 537 432 1,233 EMEA 194 327 415 679 Total segment depreciation and amortization 1,271 2,075 2,625 4,427 Other businesses 1,058 1,431 2,381 2,955 Unallocated corporate and other 3,400 3,725 6,859 7,492 Total consolidated depreciation and amortization $ 5,729 $ 7,231 $ 11,865 $ 14,874 (1) In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘EMEA’ segment. The previously reported amounts for revenues and income from operations for the three and six months ended June 30, 2018 have also been revised to conform to the current period presentation. See ‘Impacts of segment composition change’ table below for more information. (2) Unallocated corporate and other includes corporate support and administrative functions, costs associated with share-based compensation, research and development, brand marketing, legal, and depreciation and amortization of corporate and other assets not allocated to operating segments. Impacts of segment composition change: Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Increase (Decrease) (in thousands) Impacts on revenues: Asia Pacific $ (6,097 ) $ (12,080 ) EMEA 6,097 12,080 Impacts on income from operations: Asia Pacific (2,715 ) (5,191 ) EMEA 2,715 5,191 The following table sets forth asset information related to reportable operating segments as of the dates shown: June 30, 2019 December 31, 2018 (in thousands) Long-lived assets: Americas $ 131,963 $ 12,977 Asia Pacific 23,937 1,831 EMEA 15,199 3,125 Total segment long-lived assets 171,099 17,933 Supply Chain 32,628 11,996 Corporate and other 42,913 39,586 Total long-lived assets $ 246,640 $ 69,515 Total consolidated assets: Americas $ 322,207 $ 157,016 Asia Pacific 155,602 139,679 EMEA 93,883 66,021 Total segment assets 571,692 362,716 Supply Chain 47,860 31,108 Corporate and other 94,589 75,077 Total consolidated assets $ 714,141 $ 468,901

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Details) - Blackstone - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Transactions with Affiliates
Expenses incurred for services from subsidiaries	$ 0.3	$ 0.3	$ 1	$ 0.4
Blackstone Capital Partners VI L.P.
Transactions with Affiliates
Beneficial ownership (shares)	6,896,548		6,896,548

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right of use lease asset	$ 163,808
Lease liabilities	169,723
Impact on Retained earnings	$ (184,896)		$ (121,215)
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Right of use lease asset		$ 176,100
Lease liabilities		187,400
Impact on Retained earnings		$ 200

Accrued Expenses And Other Li_3

Accrued Expenses And Other Liabilities (Schedule Of Accrued Expenses & Other Current Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Accrued compensation and benefits	$ 30,461	$ 43,970
Fulfillment, freight, and duties	14,610	12,234
Professional services	15,537	11,124
Accrued rent and occupancy	5,047	6,956
Return liabilities	10,977	6,429
Sales/use and value added taxes payable	11,197	5,601
Royalties payable and deferred revenue	2,953	3,356
Other	9,160	12,501
Total accrued expenses and other liabilities	$ 99,942	102,171
Accrued inducements		$ 3,000

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Jun. 30, 2019
Lessee, Lease, Description [Line Items]
Right-of-use assets obtained in exchange for operating lease liabilities		$ 190,102
Operating leases existing at January 1, 2019 Existing at Beginning of Period
Lessee, Lease, Description [Line Items]
Right-of-use assets obtained in exchange for operating lease liabilities	$ 176,100
Operating leases commenced during the quarter
Lessee, Lease, Description [Line Items]
Right-of-use assets obtained in exchange for operating lease liabilities		14,000
New Distribution Center in Dayton, Ohio
Lessee, Lease, Description [Line Items]
Expected payments on leases not yet commenced		25,400
Expected total capital investments on leases not yet commenced		35,000
Corporate Headquarters and Regional Office in Broomfield, Colorado
Lessee, Lease, Description [Line Items]
Expected payments on leases not yet commenced		20,400
Expected total capital investments on leases not yet commenced		$ 7,000
Minimum
Lessee, Lease, Description [Line Items]
Lease renewal term		1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease renewal term		10 years

Leases - Right-of-Use Assets an

Leases - Right-of-Use Assets and Operating Lease Liabilities (Details) $ in Thousands	Jun. 30, 2019USD ($)
Leases [Abstract]
Right-of-use assets	$ 163,808
Current operating lease liabilities	45,394
Long-term operating lease liabilities	124,329
Total operating lease liabilities	$ 169,723

Leases - Lease Costs and Other

Leases - Lease Costs and Other Information (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2019USD ($)
Leases [Abstract]
Operating lease cost	$ 14,749	$ 29,679
Short-term lease cost	387	1,747
Variable lease cost	4,300	7,289
Total lease costs	$ 19,436	38,715
Cash paid for operating leases		33,729
Right-of-use assets obtained in exchange for operating lease liabilities		$ 190,102
Weighted average remaining lease term (in years)	5 years 6 months	5 years 6 months
Weighted average discount rate (percent)	4.80%	4.80%

Leases - Maturities of Company'

Leases - Maturities of Company's Operating Lease Liabilities (Details) $ in Thousands	Jun. 30, 2019USD ($)
Leases [Abstract]
2019 (remainder of year)	$ 23,614
2020	47,412
2021	39,420
2022	26,607
2023	18,391
Thereafter	41,095
Total future minimum lease payments	196,539
Less: imputed interest	(26,816)
Total operating lease liabilities	$ 169,723

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments (Details) $ in Thousands	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 42,455
2020	36,299
2021	29,714
2022	20,721
2023	15,334
Thereafter	54,149
Total minimum lease payments	$ 198,672

Leases - Comparative Informatio

Leases - Comparative Information Based on Prior Accounting Guidance in Effect (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018
Leases [Abstract]
Minimum rentals	$ 17,532	$ 35,771
Contingent rentals	5,535	7,695
Total rent expense	23,067	43,466
Common area maintenance, parking and storage fees	$ 2,400	$ 4,800

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities at Fair Value (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-cash impairment expense	$ 0		$ 0
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of Company's derivative liability	500,000		500,000		$ 1,300,000
Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Borrowings	215,000,000		215,000,000		120,000,000
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Borrowings	$ 215,000,000		$ 215,000,000		$ 120,000,000
Retail Store Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-cash impairment expense		$ 100,000		$ 700,000
Supply Chain Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-cash impairment expense		$ 300,000		$ 1,200,000

Derivative Financial Instrume_3

Derivative Financial Instruments (Fair Value of Derivative Assets and Liabilities) (Details) - Level 2 - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Foreign Currency Derivatives [Abstract]
Derivative asset, gross forward foreign currency exchange contracts	$ 862	$ 943
Derivative asset, netting of counterparty contracts	(862)	(943)
Derivative asset, net foreign currency forward contract derivatives	0	0
Derivative liability, gross forward foreign currency exchange contracts	(1,371)	(2,256)
Derivative liability, netting of counterparty contracts	862	943
Derivative liability, net foreign currency forward contract derivatives	$ (509)	$ (1,313)

Derivative Financial Instrume_4

Derivative Financial Instruments (Summary Of Derivative Financial Instruments Notional Amounts On Outstanding Positions) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Total notional value	$ 167,303	$ 194,582
Derivative fair value	(509)	(1,313)
Euro
Derivatives, Fair Value [Line Items]
Total notional value	35,271	34,959
Derivative fair value	116	(92)
Singapore Dollar
Derivatives, Fair Value [Line Items]
Total notional value	38,735	34,584
Derivative fair value	16	254
Japanese Yen
Derivatives, Fair Value [Line Items]
Total notional value	27,737	25,561
Derivative fair value	(732)	(178)
British Pound Sterling
Derivatives, Fair Value [Line Items]
Total notional value	9,952	22,185
Derivative fair value	145	183
South Korean Won
Derivatives, Fair Value [Line Items]
Total notional value	15,257	9,408
Derivative fair value	195	63
Other currencies
Derivatives, Fair Value [Line Items]
Total notional value	40,351	67,885
Derivative fair value	$ (249)	$ (1,543)

Derivative Financial Instrume_5

Derivative Financial Instruments (Gains / Losses on Foreign Currency Derivatives) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Foreign currency transaction gains (losses)	$ 525	$ (563)	$ (908)	$ 488
Foreign currency forward exchange contracts gains (losses)	(786)	846	(570)	866
Foreign currency gains (losses), net	$ (261)	$ 283	$ (1,478)	$ 1,354

Revolving Credit Facilities a_3

Revolving Credit Facilities and Bank Borrowings (Schedule of the Company's Borrowings) (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Less: Current portion of borrowings	$ 0	$ 0
Total long-term borrowings	215,000	120,000
Revolving credit facilities
Debt Instrument [Line Items]
Revolving credit facilities	$ 215,000	$ 120,000

Revolving Credit Facilities a_4

Revolving Credit Facilities and Bank Borrowings (Senior Revolving Credit Facility) (Details) - Revolving credit facilities	Jul. 26, 2019USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)	Sep. 30, 2019
Revolving Credit Facilities and Bank Borrowings
Borrowings outstanding		$ 215,000,000	$ 120,000,000
Asia Pacific Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Borrowings outstanding		0	0
Borrowings from credit facility		0	0
Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Aggregate stock repurchases permitted		250,000,000
Maximum permitted capital expenditures and commitments		70,000,000
Maximum permitted intercompany loans		375,000,000
Outstanding borrowing capacity		$ 40,000,000
Percentage of total commitments (percent)		40.00%
Minimum fixed charge coverage ratio		1.10
Maximum leverage ratio		2.75
Commitments available under credit facility		$ 300,000,000
Borrowings outstanding		215,000,000
Outstanding letters of credit		4,600,000
Available borrowing capacity		$ 80,400,000	$ 129,400,000
Expected to maintain | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Maximum leverage ratio				2.50
Subsequent event | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Commitments available under credit facility	$ 450,000,000
Available increase to credit facility capacity	$ 150,000,000
Minimum interest coverage ratio	4
Minimum borrowing availability required to allow permitted acquisitions	$ 40,000,000
LIBOR | Minimum | Subsequent event | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Applicable margin on variable rate (percent)	0.00%
LIBOR | Maximum | Subsequent event | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Applicable margin on variable rate (percent)	1.875%
September 30, 2019 to September 30, 2020 | Subsequent event | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Maximum leverage ratio	3.50
December 31, 2020 and thereafter | Subsequent event | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Maximum leverage ratio	3.25
In event of certain permitted acquisitions or stock repurchases | Subsequent event | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Maximum leverage ratio	4
In event of stock repurchase | Subsequent event | Senior Revolving Credit Facility
Revolving Credit Facilities and Bank Borrowings
Reduction to maximum leverage ratio in event of stock repurchases	0.25

Common Stock Repurchase Progr_2

Common Stock Repurchase Program (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Equity [Abstract]
Stock repurchased during period (shares)	2.5	0.4	4.6	1.8
Stock repurchased during period	$ 55	$ 5.9	$ 108.5	$ 25.9
Remaining authorization to repurchase common stock	$ 547.3		$ 547.3

Revenues - Disaggregated Revenu

Revenues - Disaggregated Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Revenues	$ 358,899	$ 328,004	$ 654,848	$ 611,152
Wholesale
Disaggregation of Revenue [Line Items]
Revenues	180,029	164,596	384,751	359,193
Retail
Disaggregation of Revenue [Line Items]
Revenues	103,453	99,477	160,849	158,983
E-commerce
Disaggregation of Revenue [Line Items]
Revenues	75,417	63,931	109,248	92,976
Americas
Disaggregation of Revenue [Line Items]
Revenues	170,440	137,762	299,566	261,592
Americas | Wholesale
Disaggregation of Revenue [Line Items]
Revenues	69,957	53,920	141,186	126,594
Americas | Retail
Disaggregation of Revenue [Line Items]
Revenues	65,900	56,594	103,976	91,310
Americas | E-commerce
Disaggregation of Revenue [Line Items]
Revenues	34,583	27,248	54,404	43,688
Asia Pacific
Disaggregation of Revenue [Line Items]
Revenues	118,424	122,303	209,471	213,482
Asia Pacific | Wholesale
Disaggregation of Revenue [Line Items]
Revenues	63,862	65,464	132,812	131,214
Asia Pacific | Retail
Disaggregation of Revenue [Line Items]
Revenues	26,865	30,803	40,768	48,417
Asia Pacific | E-commerce
Disaggregation of Revenue [Line Items]
Revenues	27,697	26,036	35,891	33,851
EMEA
Disaggregation of Revenue [Line Items]
Revenues	69,961	67,644	145,685	135,470
EMEA | Wholesale
Disaggregation of Revenue [Line Items]
Revenues	46,136	44,917	110,627	100,777
EMEA | Retail
Disaggregation of Revenue [Line Items]
Revenues	10,688	12,080	16,105	19,256
EMEA | E-commerce
Disaggregation of Revenue [Line Items]
Revenues	13,137	10,647	18,953	15,437
Other Businesses
Disaggregation of Revenue [Line Items]
Revenues	74	295	126	608
Other Businesses | Wholesale
Disaggregation of Revenue [Line Items]
Revenues	74	295	126	608
Other Businesses | Retail
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Other Businesses | E-commerce
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Reportable Operating Segments
Disaggregation of Revenue [Line Items]
Revenues	358,825	327,709	654,722	610,544
Reportable Operating Segments | Americas
Disaggregation of Revenue [Line Items]
Revenues	170,440	137,762	299,566	261,592
Reportable Operating Segments | Asia Pacific
Disaggregation of Revenue [Line Items]
Revenues	118,424	122,303	209,471	213,482
Reportable Operating Segments | EMEA
Disaggregation of Revenue [Line Items]
Revenues	$ 69,961	67,644	$ 145,685	135,470
Adjustments for revised presentation | Impact of Change in Segment Composition | Reportable Operating Segments | Asia Pacific
Disaggregation of Revenue [Line Items]
Revenues		(6,097)		(12,080)
Adjustments for revised presentation | Impact of Change in Segment Composition | Reportable Operating Segments | EMEA
Disaggregation of Revenue [Line Items]
Revenues		$ 6,097		$ 12,080

Revenues - Narrative (Details)

Revenues - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Advance Customer Deposits
Revenues [Abstract]
Deferred revenues associated with customer deposits and refund liabilities	$ 1,100,000		$ 1,100,000		$ 1,600,000
Revenues recognized	400,000	$ 1,400,000	1,500,000	$ 2,200,000
Refund Liability
Revenues [Abstract]
Deferred revenues associated with customer deposits and refund liabilities	11,000,000		11,000,000		$ 6,400,000
ASU 2014-09 | Wholesale
Revenues [Abstract]
Impact on revenue from changes in estimates	100,000	200,000	100,000	1,000,000
ASU 2014-09 | Retail
Revenues [Abstract]
Impact on revenue from changes in estimates	0	0	0	0
ASU 2014-09 | E-commerce
Revenues [Abstract]
Impact on revenue from changes in estimates	$ 0	$ 0	$ 0	$ 0

Share-based Compensation (Narra

Share-based Compensation (Narrative) (Details) shares in Millions	Jun. 30, 2019shares
Share-based Payment Arrangement [Abstract]
Shares of common stock remaining available for future issuance (shares)	2.3

Share-based Compensation (Sched

Share-based Compensation (Schedule of Share-based Compensation Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total share-based compensation expense	$ 3,767	$ 3,341	$ 7,401	$ 6,015
Cost of sales
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total share-based compensation expense	92	98	180	177
Selling, general and administrative expenses
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total share-based compensation expense	$ 3,675	$ 3,243	$ 7,221	$ 5,838

Share-based Compensation (Stock

Share-based Compensation (Stock Option Activity) (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2019shares
Stock Option Shares
Stock Option Shares Outstanding at beginning of period (shares)	362
Granted (shares)	0
Exercised (shares)	(12)
Forfeited or expired (shares)	(20)
Stock Option Shares Outstanding at end of period (shares)	330

Share-based Compensation (Sto_2

Share-based Compensation (Stock Option Activity Narrative) (Details) - Options $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation expense	$ 0.1
Amortized over a weighted average period	10 months 24 days

Share-based Compensation (Sch_2

Share-based Compensation (Schedule Of Restricted Stock Award And Restricted Stock Unit Activity) (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2019$ / sharesshares
Restricted Stock Awards
Shares
Unvested beginning balance (shares) | shares	6
Granted (shares) | shares	12
Vested (shares) | shares	(8)
Forfeited (shares) | shares	0
Unvested ending balance (shares) | shares	10
Weighted Average Grant Date Fair Value
Weighted average grant date fair value beginning balance (in dollars per share) | $ / shares	$ 18.61
Weighted average grant date fair value of granted (in dollars per share) | $ / shares	20.53
Weighted average grant date fair value of vested (in dollars per share) | $ / shares	20.08
Weighted average grant date fair value of forfeited (in dollars per share) | $ / shares	0
Weighted average grant date fair value ending balance (in dollars per share) | $ / shares	$ 19.64
Restricted Stock Units
Shares
Unvested beginning balance (shares) | shares	2,752
Granted (shares) | shares	769
Vested (shares) | shares	(950)
Forfeited (shares) | shares	(563)
Unvested ending balance (shares) | shares	2,008
Weighted Average Grant Date Fair Value
Weighted average grant date fair value beginning balance (in dollars per share) | $ / shares	$ 11.58
Weighted average grant date fair value of granted (in dollars per share) | $ / shares	25.36
Weighted average grant date fair value of vested (in dollars per share) | $ / shares	9.65
Weighted average grant date fair value of forfeited (in dollars per share) | $ / shares	11.06
Weighted average grant date fair value ending balance (in dollars per share) | $ / shares	$ 14.43

Share-based Compensation (Restr

Share-based Compensation (Restricted Stock Awards And Restricted Stock Units Activity Narrative) (Details) shares in Thousands, $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)shares
Restricted Stock Awards
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense | $	$ 0.2
Amortized over a weighted average period	10 months 24 days
Awards vested in period (shares) | shares	8
Service-condition based RSUs
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense | $	$ 10.9
Amortized over a weighted average period	1 year 8 months 12 days
Awards vested in period (shares) | shares	600
Performance- and market-condition based RSUs
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense | $	$ 8.7
Amortized over a weighted average period	2 years 1 month 6 days
Awards vested in period (shares) | shares	400

Income Taxes (Summary of Tax Ex

Income Taxes (Summary of Tax Expense and Effective Tax Rates) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income before income taxes	$ 44,676	$ 37,377	$ 75,005	$ 64,589
Income tax expense	$ 5,478	$ 3,000	$ 11,097	$ 13,758
Effective tax rate (percent)	12.30%	8.00%	14.80%	21.30%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 4.4		$ 4.4		$ 4.5
Decrease in income tax expense			$ (2.7)
Effective tax rate (percent)	12.30%	8.00%	14.80%	21.30%
Decrease in effective tax rate (percent)			6.50%

Earnings Per Share (Summary Of

Earnings Per Share (Summary Of Basic And Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net income attributable to common stockholders	$ 39,198	$ 30,426	$ 63,908	$ 42,949
Less: Net income allocable to Series A Convertible Preferred stockholders	0	(5,121)	0	(7,205)
Remaining net income available to common stockholders - basic and diluted	$ 39,198	$ 25,305	$ 63,908	$ 35,744
Weighted average common shares outstanding - basic (shares)	70,936	68,153	71,967	68,427
Plus: dilutive effect of stock options and unvested restricted stock units for both periods and Series A Convertible Preferred Stock in 2018 (shares)	979	3,314	1,402	2,035
Weighted average common shares outstanding - diluted (shares)	71,915	71,467	73,369	70,462
Basic (in dollars per share)	$ 0.55	$ 0.37	$ 0.89	$ 0.52
Diluted (in dollars per share)	$ 0.55	$ 0.35	$ 0.87	$ 0.51

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Options and RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities not included in the calculation of diluted income per share (shares)	0.3	0.1	0.2	0.2

Commitments And Contingencies (

Commitments And Contingencies (Purchase Commitments) (Details) $ in Millions	Jun. 30, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
Purchase commitments with third party manufacturers	$ 109.3

Operating Segments and Geogra_3

Operating Segments and Geographic Information (Narrative) (Details)	6 Months Ended
	Jun. 30, 2019segments
Segment Reporting [Abstract]
Number of operating segments	3

Operating Segments and Geogra_4

Operating Segments and Geographic Information (Information Related To Reportable Operating Business Segments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Segment Reporting Information [Line Items]
Total consolidated revenues	$ 358,899	$ 328,004	$ 654,848	$ 611,152
Total income from operations	47,831	37,064	80,409	62,986
Foreign currency gains (losses), net	(261)	283	(1,478)	1,354
Interest income	131	146	326	425
Interest expense	(2,421)	(132)	(4,238)	(245)
Other income	(604)	16	(14)	69
Income before income taxes	44,676	37,377	75,005	64,589
Total consolidated depreciation and amortization	5,729	7,231	11,865	14,874
Total long-lived assets	246,640		246,640		$ 69,515
Total consolidated assets	714,141		714,141		468,901
Americas
Segment Reporting Information [Line Items]
Total consolidated revenues	170,440	137,762	299,566	261,592
Asia Pacific
Segment Reporting Information [Line Items]
Total consolidated revenues	118,424	122,303	209,471	213,482
EMEA
Segment Reporting Information [Line Items]
Total consolidated revenues	69,961	67,644	145,685	135,470
Reportable Operating Segments
Segment Reporting Information [Line Items]
Total consolidated revenues	358,825	327,709	654,722	610,544
Total income from operations	107,561	94,777	192,895	167,763
Total consolidated depreciation and amortization	1,271	2,075	2,625	4,427
Total long-lived assets	171,099		171,099		17,933
Total consolidated assets	571,692		571,692		362,716
Reportable Operating Segments | Americas
Segment Reporting Information [Line Items]
Total consolidated revenues	170,440	137,762	299,566	261,592
Total income from operations	56,945	39,689	90,554	68,228
Total consolidated depreciation and amortization	869	1,211	1,778	2,515
Total long-lived assets	131,963		131,963		12,977
Total consolidated assets	322,207		322,207		157,016
Reportable Operating Segments | Asia Pacific
Segment Reporting Information [Line Items]
Total consolidated revenues	118,424	122,303	209,471	213,482
Total income from operations	28,083	33,672	54,764	57,780
Total consolidated depreciation and amortization	208	537	432	1,233
Total long-lived assets	23,937		23,937		1,831
Total consolidated assets	155,602		155,602		139,679
Reportable Operating Segments | EMEA
Segment Reporting Information [Line Items]
Total consolidated revenues	69,961	67,644	145,685	135,470
Total income from operations	22,533	21,416	47,577	41,755
Total consolidated depreciation and amortization	194	327	415	679
Total long-lived assets	15,199		15,199		3,125
Total consolidated assets	93,883		93,883		66,021
Reportable Operating Segments | Other businesses
Segment Reporting Information [Line Items]
Total consolidated revenues	74	295	126	608
Total income from operations	(10,133)	(16,531)	(26,470)	(27,465)
Total consolidated depreciation and amortization	1,058	1,431	2,381	2,955
Unallocated corporate and other
Segment Reporting Information [Line Items]
Total income from operations	(49,597)	(41,182)	(86,016)	(77,312)
Total consolidated depreciation and amortization	3,400	3,725	6,859	7,492
Total long-lived assets	42,913		42,913		39,586
Total consolidated assets	94,589		94,589		75,077
Impact of Change in Segment Composition | Adjustments for revised presentation | Reportable Operating Segments | Asia Pacific
Segment Reporting Information [Line Items]
Total consolidated revenues		(6,097)		(12,080)
Total income from operations		(2,715)		(5,191)
Impact of Change in Segment Composition | Adjustments for revised presentation | Reportable Operating Segments | EMEA
Segment Reporting Information [Line Items]
Total consolidated revenues		6,097		12,080
Total income from operations		$ 2,715		$ 5,191
Supply Chain
Segment Reporting Information [Line Items]
Total long-lived assets	32,628		32,628		11,996
Total consolidated assets	$ 47,860		$ 47,860		$ 31,108

Legal Proceedings (Details)

Legal Proceedings (Details) R$ in Millions, $ in Millions	Mar. 22, 2018USD ($)	Feb. 25, 2015USD ($)	Feb. 25, 2015BRL (R$)	Jan. 13, 2015USD ($)	Jan. 13, 2015BRL (R$)	Jun. 30, 2019USD ($)
Income Tax Examination [Line Items]
Amount of loss that could potentially exceed amounts accrued						$ 0.6
Brazilian Federal Tax Authorities
Income Tax Examination [Line Items]
Assessments sought against entity	$ 5.3	$ 8.6	R$ 33.3	$ 3.7	R$ 14.4
Reduction in principal, penalties and interest (percent)	38.00%

Uncategorized Items - croxq2-20

Label	Element	Value	[1]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (227,000)
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (227,000)
[1]	Decrease to beginning retained earnings as a result of the adoption of new lease accounting standards as of January 1, 2019, as discussed in Note 2 — Recent Accounting Pronouncements .