Crocs (CROX) 10-Q 8 Nov 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 31, 2018
Document And Entity Information[Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,018
Entity Registrant Name	Crocs, Inc.
Entity Central Index Key	1,334,036
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Common stock outstanding (shares)		66,801,007
Trading Symbol	CROX

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Revenues	$ 261,064	$ 243,273	$ 872,216	$ 824,401
Cost of sales	122,005	119,810	411,884	397,547
Gross profit	139,059	123,463	460,332	426,854
Selling, general and administrative expenses	125,164	120,778	383,451	379,141
Income from operations	13,895	2,685	76,881	47,713
Foreign currency gains (losses), net	233	(257)	1,587	181
Interest income	422	269	847	576
Interest expense	(126)	(167)	(371)	(539)
Other income, net	160	54	229	187
Income before income taxes	14,584	2,584	79,173	48,118
Income tax expense	4,092	955	17,850	13,519
Net income	10,492	1,629	61,323	34,599
Dividends on Series A convertible preferred stock	(3,000)	(3,000)	(9,000)	(9,000)
Dividend equivalents on Series A convertible preferred stock related to redemption value accretion and beneficial conversion feature	(972)	(892)	(2,854)	(2,621)
Net income (loss) attributable to common stockholders	$ 6,520	$ (2,263)	$ 49,469	$ 22,978
Net income (loss) per common share:
Basic (in dollars per share)	$ 0.08	$ (0.03)	$ 0.60	$ 0.26
Diluted (in dollars per share)	$ 0.07	$ (0.03)	$ 0.58	$ 0.26
Weighted average common shares outstanding - basic (shares)	67,821	71,895	68,223	73,212
Weighted average common shares outstanding - diluted (shares)	72,774	71,895	71,104	74,160

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement of Comprehensive Income [Abstract]
Net income		$ 10,492	$ 1,629	$ 61,323	$ 34,599
Other comprehensive income:
Foreign currency translation gains (losses), net		3,415	4,124	(7,140)	11,589
Reclassification of foreign currency translation loss to income	[1]	(3,572)	0	(4,412)	0
Total comprehensive income		$ 10,335	$ 5,753	$ 49,771	$ 46,188
[1]	Reclassification of cumulative foreign currency translation adjustment upon closure of manufacturing operations.

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 203,046	$ 172,128
Accounts receivable, net of allowances of $20,508 and $31,389, respectively	110,478	83,518
Inventories	117,684	130,347
Income taxes receivable	11,872	3,652
Other receivables	9,387	10,664
Restricted cash - current	1,908	2,144
Prepaid expenses and other assets	25,856	22,596
Total current assets	480,231	425,049
Property and equipment, net of accumulated depreciation and amortization of $81,043 and $91,806, respectively	24,216	35,032
Intangible assets, net	48,196	56,427
Goodwill	1,634	1,688
Deferred tax assets, net	12,567	10,174
Restricted cash	2,244	2,783
Other assets	8,858	12,542
Total assets	577,946	543,695
Current liabilities:
Accounts payable	57,125	66,381
Accrued expenses and other liabilities	99,793	84,446
Income taxes payable	24,683	5,515
Current portion of borrowings and capital lease obligations	11	676
Total current liabilities	181,612	157,018
Long-term income taxes payable	4,334	6,081
Other liabilities	9,679	12,298
Total liabilities	195,625	175,397
Commitments and contingencies:
Series A convertible preferred stock, par value $0.001 per share, 1.0 million shares authorized, 0.2 million outstanding, liquidation preference $203 million	185,288	182,433
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 million shares authorized, 96.0 million and 94.8 million issued, 67.6 million and 68.8 million outstanding, respectively	96	95
Treasury stock, at cost, 28.4 million and 26.0 million shares, respectively	(371,107)	(334,312)
Additional paid-in capital	383,090	373,045
Retained earnings	239,900	190,431
Accumulated other comprehensive loss	(54,946)	(43,394)
Total stockholders’ equity	197,033	185,865
Total liabilities and stockholders’ equity	$ 577,946	$ 543,695

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowances	$ 20,508,000	$ 31,389,000
Accumulated depreciation	$ 81,043,000	$ 91,806,000
Series A preferred shares, par value (in dollars per share)	$ 0.001	$ 0.001
Series A preferred shares authorized (shares)	1,000,000	1,000,000
Series A preferred shares outstanding (shares)	200,000	200,000
Series A preferred shares, liquidation preference	$ 203,000,000	$ 203,000,000
Preferred shares, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred shares authorized (shares)	4,000,000	4,000,000
Preferred shares outstanding (shares)	0	0
Common shares, par value (in dollars per share)	$ 0.001	$ 0.001
Common Stock, Shares Authorized	250,000,000	250,000,000
Common shares issued (shares)	96,000,000	94,800,000
Common shares outstanding (shares)	67,600,000	68,800,000
Treasury stock (shares)	28,400,000	26,000,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income	$ 61,323	$ 34,599
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	21,535	24,701
Unrealized foreign currency (gain) loss, net	(2,028)	1,017
Share-based compensation	9,320	6,851
Other non-cash items	8,104	(1,208)
Changes in operating assets and liabilities:
Accounts receivable, net of allowances	(37,394)	(9,068)
Inventories	4,468	12,435
Prepaid expenses and other assets	5,271	12,997
Accounts payable, accrued expenses and other liabilities	15,271	(1,909)
Cash provided by operating activities	85,870	80,415
Cash flows from investing activities:
Purchases of property, equipment, and software	(5,224)	(14,263)
Proceeds from disposal of property and equipment	1,325	1,562
Cash used in investing activities	(3,899)	(12,701)
Cash flows from financing activities:
Proceeds from bank borrowings	0	5,500
Repayments of bank borrowings and capital lease obligations	(680)	(8,222)
Dividends—Series A convertible preferred stock	(9,000)	(9,000)
Repurchases of common stock	(37,046)	(25,645)
Other	31	(233)
Cash used in financing activities	(46,695)	(37,600)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(5,133)	499
Net change in cash, cash equivalents, and restricted cash	30,143	30,613
Cash, cash equivalents, and restricted cash—beginning of period	177,055	152,646
Cash, cash equivalents, and restricted cash—end of period	$ 207,198	$ 183,259

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2018
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, operating throughout Western Europe, Eastern Europe, Russia, Africa, and the Middle East. In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘Europe’ segment. See Note 13 — Operating Segments and Geographic Information for additional information. The previously reported amounts for revenues and income from operations for the three and nine months ended September 30, 2017 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 (“SEC”). 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, 2017 (“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 three and nine months ended September 30, 2018 , other than for the change in accounting principle described in “Inventories” below and the new accounting pronouncements adopted as described in Note 2 — Recent Accounting Pronouncements . 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 are typically less than revenues generated during our first three quarters, when the northern hemisphere is experiencing warmer weather. 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 subsidiaries of Blackstone Capital Partners VI L.P. (“Blackstone”). Blackstone and certain of its permitted transferees currently beneficially own all the outstanding shares of the Company’s Series A Convertible Preferred Stock (“Series A Preferred Stock”), which is convertible into approximately 13.8 million shares, or 17.0% , of the Company’s common stock as of September 30, 2018 . Blackstone also has the right to nominate two representatives to serve on the Company’s Board of Directors. Certain Blackstone subsidiaries provide various services to the Company, including inventory count services, cybersecurity and consulting, and workforce management services. The Company paid $0.1 million for each of the three month periods ended September 30, 2018 and 2017 , respectively, and $0.5 million and $0.6 million for the nine months ended September 30, 2018 and 2017 , respectively, for these services. Expenses related to these services are reported in ‘Selling, general and administrative expenses’ in the condensed consolidated statements of operations. Restricted Cash Restricted cash primarily consists of funds to secure certain retail store leases, certain customs requirements, and other contractual arrangements. Inventories Inventories are stated at the lower of cost or net realizable value. Effective January 1, 2018, the Company completed implementation of a new inventory costing system for approximately 95% of its inventories. In connection with the implementation, the Company changed its method of inventory costing from a moving average cost method to a first-in-first-out method. The Company believes this change in accounting principle is preferable because it results in more precision and consistency in global and regional inventory costs, more efficient analysis and better matching of inventory costs with revenues, better matches the physical flow of inventories, and improves comparability with industry peers. The change from the Company’s former inventory cost method did not have a material effect on inventory or cost of sales, and, as a result, prior comparative financial statements have not been restated. As of September 30, 2018 and December 31, 2017 , our finished goods inventories accounted for 99.3% and 97.5% , respectively, of our consolidated inventories, and the remaining balance consisted of raw materials and work-in-process. Marketing Expenses Total marketing expenses inclusive of advertising, production, promotion, and agency expenses were $14.5 million and $9.9 million for the three months ended September 30, 2018 and 2017 , respectively, and $55.4 million and $49.6 million for the nine months ended September 30, 2018 and 2017 , respectively. Marketing expenses are reported in ‘Selling, general and administrative expenses’ in the condensed consolidated statements of operations. Prepaid advertising and promotional endorsement expenses of $9.3 million and $7.0 million are included in ‘Prepaid expenses and other assets’ in the condensed consolidated balance sheets at September 30, 2018 and December 31, 2017 , respectively.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCEMENTS New Accounting Pronouncement Adopted Income Tax Accounting Implications of the Tax Cuts and Jobs Act In March 2018, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance on the income tax accounting implications of the U.S. Tax Cuts and Job Act (“Tax Act”), addressing the application of U.S. GAAP in situations when a registrant does not have the necessary information available, prepared, or analyzed in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. The guidance provides a measurement period for companies to evaluate the impacts of the Tax Act on their financial statements. This measurement period begins in the reporting period that includes the enactment date and ends when an entity has obtained, prepared, and analyzed the information that was needed in order to complete the accounting requirements, and cannot exceed one year. Due to the timing of the enactment and the complexity involved in applying the provisions of the Tax Act, we made reasonable estimates of the effects and recorded provisional amounts in our financial statements for the three and nine months ended September 30, 2018 and the year ended December 31, 2017, including provisional estimates for the Base Erosion and Anti-abuse Tax (“BEAT”), Global Intangible Low-Taxed Income (“GILTI”), and transition tax. The U.S. Treasury Department, the Internal Revenue Service (“IRS”), and other standard-setting bodies may issue guidance on how the provisions of the Tax Act will be applied or otherwise administered that is different from our interpretation. As we collect and prepare necessary data, and interpret the Tax Act and any additional guidance issued by the IRS or other standard-setting bodies, we may make adjustments to the provisional amounts that could materially affect our financial position and results of operations as well as our effective tax rate in the period in which the adjustments are made. See Note 10 — Income Taxes for more information. Stock Compensation Scope of Modification Accounting In May 2017, the FASB issued authoritative guidance intended to clarify those changes to terms and conditions of stock-based compensation awards that are required to be accounted for as modifications of existing stock-based awards. The Company adopted this guidance as of January 1, 2018. The adoption did not have an impact on our condensed consolidated financial position or results of operations. Clarifying the Definition of a Business In January 2017, the FASB issued authoritative guidance intended to clarify the definition of a business, for purposes of determining whether a business has been acquired or sold, and consequently whether transactions should be accounted for as acquisitions or disposals of a business or as acquisitions or disposals of assets. The Company adopted this guidance as of January 1, 2018. The adoption did not have an impact on our condensed consolidated financial position or results of operations. Statements of Cash Flows - Classification and Change in Restricted Cash In August 2016, the FASB issued authoritative guidance intended to clarify how entities should classify certain cash receipts and cash payments in the statements of cash flows. In November 2016, the FASB issued additional guidance requiring that restricted cash be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period amounts reported in the statements of cash flows. The guidance is applied retrospectively to all periods presented and is effective for annual reporting periods beginning after December 15, 2017, and interim periods within those annual periods. The Company adopted this guidance as of January 1, 2018. As a result of the adoption, the Company changed the presentation in its statements of cash flows for all periods presented. Prepaid Stored-Value Products In March 2016, the FASB issued guidance related to the recognition of breakage for certain prepaid stored-value products. The standard is effective for annual periods (including interim periods) beginning after December 15, 2017. The Company adopted this guidance as of January 1, 2018. The adoption did not have a significant impact on our consolidated financial position or results of operations. Revenue Recognition In May 2014, the FASB issued authoritative guidance related to revenue recognition from contracts with customers. On January 1, 2018, the Company adopted the guidance 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. The adoption of this guidance did not have, and is not expected to have, a significant impact on our reported revenues, gross margins or income from operations. Substantially all of the Company’s revenues are recognized when control of product passes to customers when the products are shipped or delivered. Effective January 1, 2018, the Company changed its balance sheet presentation for expected product returns by reporting a product return asset for the right to receive returned products and a returns liability for amounts expected to be refunded to customers as a result of product returns. The product return asset is reported within ‘Prepaid expenses and other assets’ in the condensed consolidated balance sheet. The returns liability and payments received from customers for future delivery of products are reported within ‘Accrued liabilities and other expenses’ in the condensed consolidated balance sheet. The Company elected to account for shipping and handling costs associated with outbound freight after control of product passes to customers as fulfillment costs, which are expensed as incurred and included in ‘Cost of sales’ in our condensed consolidated statements of operations. There is no change to the Company’s comparative reporting of shipping and handling costs as a result of adoption. The Company elected to expense incremental costs to obtain customer contracts, consisting primarily of commission incentives, when incurred and reports these costs within ‘Selling, general and administrative expenses’ in its condensed consolidated statements of operations. There is no change to the Company’s comparative reporting of incremental costs to obtain customer contracts as a result of adoption. The impact of adoption on the January 1, 2018 condensed consolidated balance sheet was: December 31, 2017 Impact of Adoption (1) January 1, 2018 (in thousands) Assets: Accounts receivable, net $ 83,518 $ 1,801 $ 85,319 Prepaid expenses and other assets 22,596 1,555 24,151 Liabilities: Accrued expenses and other liabilities 84,446 3,356 87,802 (1) Prior to adoption, product return assets and return liabilities were reported within ‘Accounts receivable, net’, within the allowance for doubtful accounts. As of the adoption date, the product return assets were reclassified and reported as a component of ‘Prepaid expenses and other assets’, and return liabilities were reclassified to ‘Accrued expenses and other liabilities’ in the Company’s condensed consolidated balance sheet. The impact of the new revenue recognition guidance on our condensed consolidated balance sheet as of September 30, 2018 was: September 30, 2018 Balances Without Adoption Effects of New Guidance (1) As Reported (in thousands) Assets: Accounts receivable, net $ 106,091 $ 4,387 $ 110,478 Prepaid expenses and other assets 22,982 2,874 25,856 Liabilities: Accrued expenses and other liabilities 92,532 7,261 99,793 (1) The new revenue recognition guidance requires comparative disclosures of the effects of the new guidance on the Company’s condensed consolidated financial statements for all interim periods during the year of adoption. The new guidance did not have a significant effect on the Company’s condensed consolidated statements of operations for the three and six months ended September 30, 2018 . See Note 8 — Revenues for additional disclosures. New Accounting Pronouncements Not Yet Adopted Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the FASB issued authoritative guidance that permits reclassification of the income tax effects of the 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 becomes effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods, with early adoption permitted. The Company does not expect adoption of this standard will have a significant impact on the Company’s condensed consolidated financial statements. Leases In February 2016, the FASB issued authoritative guidance intended to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new guidance, lessees will be required to recognize a right-of-use asset and a lease liability, measured on a discounted basis, at the commencement date for all leases with terms greater than twelve months. Additionally, this guidance will require disclosures to help investors and other financial statement users to better understand the amount, timing, and uncertainty of cash flows arising from leases, including qualitative and quantitative requirements. The guidance will be applied under a modified retrospective transition approach. The guidance and related amendments are effective for annual reporting periods beginning after December 15, 2018, including interim periods within those annual periods, with early adoption permitted. In July 2017, the Company established an implementation team and engaged external advisers and solution providers to develop a multi-phase plan to assess the Company’s leasing arrangements, as well as any changes to accounting policies, processes, or necessary systems. The Company has procured the necessary software and services to facilitate adoption of the guidance. The Company is continuing its detailed review of its leases and other contractual arrangements, assessments of its systems and related accounting procedures and controls requirements. The Company has begun implementation of the software selected. 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, has elected not to apply ‘hindsight’ when adopting the standard, and has elected the short-term lease exemption. Further, the Company has elected to not separate lease and non-lease components for all of its leases. Substantially all of the Company’s leases are operating leases under the new standard. The Company will adopt this guidance on January 1, 2019, which will also be the effective date for implementation of the standard. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. We expect that this standard will have a material effect on our financial statements. While we continue to assess all of the effects of the new standard, upon adoption we expect adoption to result in recognition of significant new lease-related assets and lease liabilities in the Company’s consolidated balance sheet, and significant new disclosures in the footnotes to the Company’s consolidated financial statements. The Company does not expect that adoption of the standard will have a significant effect on the consolidated operating income or the cash flows of the Company. Other Pronouncements Other new pronouncements issued but not effective until after September 30, 2018 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	9 Months Ended
	Sep. 30, 2018
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: September 30, December 31, (in thousands) Accrued compensation and benefits $ 40,960 $ 34,955 Professional services 11,042 10,835 Accrued rent and occupancy 7,826 8,535 Fulfillment, freight, and duties 8,647 6,921 Royalties payable and deferred revenue 3,940 6,193 Sales/use and value added taxes payable 7,342 3,509 Return liabilities (1) 7,261 — Other (2) 12,775 13,498 Total accrued expenses and other liabilities $ 99,793 $ 84,446 (1) Return liabilities are presented within ‘Accrued expenses and other liabilities’ upon adoption of new authoritative guidance on revenue recognition effective January 1, 2018, as described in Note 2 — Recent Accounting Pronouncements . (2) Includes current liabilities of $3.0 million related to Series A Preferred Stock dividends at both September 30, 2018 and December 31, 2017 .

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2018
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 and are reported in the condensed consolidated balance sheets within either ‘Prepaid expenses and other assets’ or ‘Accrued expenses and other liabilities’ at September 30, 2018 and December 31, 2017 . The fair values of the Company’s derivative instruments were an asset of $0.6 million and a liability of $0.4 million at September 30, 2018 and December 31, 2017 , respectively. See Note 5 — 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 notes payable approximate their carrying values at September 30, 2018 and December 31, 2017 , based on interest rates currently available to the Company for similar borrowings. September 30, 2018 December 31, 2017 Carrying Value Fair Value Carrying Value Fair Value (in thousands) Borrowings and capital lease obligations $ 26 $ 26 $ 706 $ 706 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. During the three and nine months ended September 30, 2018 , the Company recorded non-cash impairment expenses of $0.2 million and $0.9 million , respectively, to reduce the carrying values of certain retail store assets. During the three and nine months ended September 30, 2018 , the Company recorded non-cash impairment expenses of $0.1 million and $1.3 million , respectively, to reduce the carrying values of certain supply chain assets related to the closure of our Mexico and Italy manufacturing and distribution facilities, included in ‘Other businesses,’ to their estimated fair values. During the three and nine months ended September 30, 2017 , the Company recorded non-cash impairment expenses of $0.2 million to reduce the carrying values of certain retail store assets.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2018
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 September 30, 2018 or December 31, 2017 . 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 and are reported within either ‘Prepaid expenses and other assets’ or ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets, were: September 30, 2018 December 31, 2017 Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities (in thousands) Forward foreign currency exchange contracts $ 1,581 $ (987 ) $ 1,241 $ (1,647 ) Netting of counterparty contracts (987 ) 987 (1,241 ) 1,241 Foreign currency forward contract derivatives $ 594 $ — $ — $ (406 ) 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. September 30, 2018 December 31, 2017 Notional Fair Value Notional Fair Value (in thousands) Singapore Dollar $ 36,985 $ (102 ) $ 73,455 $ 364 Euro 48,865 (90 ) 37,718 (122 ) Japanese Yen 40,510 171 30,688 (89 ) South Korean Won 30,974 (29 ) 15,888 (134 ) British Pound Sterling 50,406 12 13,233 80 Other currencies 62,452 632 53,698 (505 ) Total $ 270,192 $ 594 $ 224,680 $ (406 ) Latest maturity date October 2018 January 2018 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Foreign currency transaction gains (losses) $ (1,382 ) $ (674 ) $ (894 ) $ 1,120 Foreign currency forward exchange contracts gains (losses) 1,615 417 2,481 (939 ) Foreign currency gains (losses), net $ 233 $ (257 ) $ 1,587 $ 181

Revolving Credit Facility and B

Revolving Credit Facility and Bank Borrowings	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Revolving Credit Facility and Bank Borrowings	REVOLVING CREDIT FACILITIES AND BANK BORROWINGS The Company’s borrowings consisted of: September 30, December 31, (in thousands) Notes payable $ — $ 662 Capital lease obligations 26 44 Total borrowings and capital lease obligations 26 706 Less: Current portion of borrowings and capital lease obligations 11 676 Total long-term capital lease obligations $ 15 $ 30 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 $100.0 million per fiscal year, subject to certain restrictions; and (ii) capital expenditures and commitments to $50.0 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 2.00 to 1.00. As of September 30, 2018 , the Company was in compliance with all financial covenants under the Credit Agreement. As of September 30, 2018 , the total commitments available from the lenders under the Facility were $100.0 million . At September 30, 2018 , the Company had no outstanding borrowings and $ 0.6 million in outstanding letters of credit under the Facility, which reduces amounts available for borrowing under the Facility. As of both September 30, 2018 and December 31, 2017 , the Company had $ 99.4 million , respectively, of available borrowing capacity under the Facility. The Facility matures in February 2021. On November 5, 2018, the Company entered into the Sixteenth Amendment to the Amended and Restated Credit Agreement which, among other things: (i) increased the total commitments under the Credit Agreement to $150.0 million from $100.0 million ; (ii) increased permitted stock repurchases to $200.0 million from $100.0 million per year; (iii) increased total permitted stock repurchases to $800.0 million from $600.0 million cumulatively; and (iv) added an additional lender under the Credit Agreement. Asia Revolving Credit Facilities The Company’s revolving credit facility agreement with HSBC Bank (China) Company Limited, Shanghai Branch (“HSBC”), or the “HSBC Facility,” provides the Company uncommitted dual currency revolving loan facilities of up to 40.0 million Chinese Renminbi (“RMB”), or $5.8 million , with a combined facility limit of RMB 60.0 million , or $8.7 million . The HSBC Facility may be canceled at any time by either party. As of September 30, 2018 and December 31, 2017 , there were no borrowings outstanding and borrowings under the HSBC Facility remained suspended at the discretion of HSBC. The Company’s one year revolving credit facility agreement with China Merchants Bank Company Limited, Shanghai Branch (the “CMBC Facility”), provides the Company a revolving loan facility of up to 30.0 million RMB, or $4.4 million , subject to consent by the lender. The CMBC Facility matures in January 2019 . The CMBC Facility may be canceled or suspended at any time by either party. As of September 30, 2018 , there were no borrowings outstanding on this credit facility. Maturities The maturities of the Company’s capital lease obligations were: As of September 30, 2018 (in thousands) 2018 (remainder of year) $ 2 2019 9 2020 9 2021 6 Total capital lease obligations 26 Less: current portion 11 Non-current portion $ 15

Common Stock Repurchase Program

Common Stock Repurchase Program	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Common Stock Repurchase Program	COMMON STOCK REPURCHASE PROGRAM For the three and nine months ended September 30, 2018 , the Company repurchased 0.6 million and 2.4 million shares of its common stock, respectively, at a cost of $11.1 million and $37.0 million , including commissions, respectively. During the three and nine months ended September 30, 2017 , the Company repurchased 2.1 million and 3.4 million shares of its common stock, respectively, for $17.1 million and $27.1 million , including commissions, respectively. As of September 30, 2018 , the Company had remaining authorization to repurchase approximately $181.8 million of its common stock, subject to restrictions under its Credit Agreement.

Revenues

Revenues	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenues	REVENUES The Company adopted authoritative guidance related to the recognition of revenue from contracts with customers effective January 1, 2018 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 ‘Revenue Recognition’ in Note 2 — Recent Accounting Pronouncements for a discussion of the significant changes resulting from adoption of the guidance. The adoption of the guidance did not have a significant impact on revenues. Revenues by reportable operating segment and by channel were: Three Months Ended September 30, 2018 Americas Asia Pacific Europe Other Businesses Total (in thousands) Wholesale (1) $ 44,883 $ 40,938 $ 29,373 $ 1,525 $ 116,719 Retail 65,247 22,942 10,345 — 98,534 E-commerce 26,827 11,283 7,701 — 45,811 Total revenues $ 136,957 $ 75,163 $ 47,419 $ 1,525 $ 261,064 Nine Months Ended September 30, 2018 Americas Asia Pacific Europe Other Businesses Total (in thousands) Wholesale (1) $ 171,477 $ 172,152 $ 130,150 $ 2,133 $ 475,912 Retail 156,557 71,359 29,601 — 257,517 E-commerce 70,515 45,134 23,138 — 138,787 Total revenues $ 398,549 $ 288,645 $ 182,889 $ 2,133 $ 872,216 (1) In the third quarter of 2018, certain revenues previously reported within the ‘Asia Pacific’ segment were shifted to the ‘Europe’ segment. Revenues are recognized in the amount expected to be received in exchange for goods when control of the products transfers to customers, and excludes various forms of promotions, which range from contractually-fixed percentage price reductions to sales returns, discounts, rebates, and other incentives that may vary in amount and must be estimated. Variable amounts are estimated based on an analysis of historical experience and adjusted as better estimates become available. During the three and nine months ended September 30, 2018 , the Company recognized increases of $0.1 million and $1.1 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 in retail and e-commerce channels during the three and nine months ended September 30, 2018 . The Company elected to exclude from revenues taxes assessed by governmental authorities, including value-added and other sales-related taxes, that are imposed on and concurrent with revenue-producing activities, and, as a result, there is no change in presentation from prior comparative periods. The following is a description of our principal revenue-generating activities by distribution channel. The Company has three reportable operating segments and sells its products using three primary distribution channels. For more detailed information about reportable operating segments, see ‘ Note 13 — Operating Segments and Geographic Information ’. Wholesale Channel For the majority of wholesale customers, control transfers and revenues are recognized when the product is shipped or delivered from a manufacturing facility or distribution center to the wholesale customer. In certain cases, control of the product transfers and revenues are recognized when the customer receives the product at the designated delivery point. For certain customers, primarily in the Asia Pacific region, cash payment from customers is required in advance of delivery and revenues are recognized upon the later of cash receipt or delivery of the product. For a small number of customers in the Asia Pacific region, products are sold on consignment and revenues are recognized on a sell-through basis. Wholesale customers are invoiced when products are shipped or delivered. The Company has arrangements that grant certain wholesale customers exclusive licenses, concurrent with the terms of the related distribution agreements, to use the Company’s intellectual property in exchange for a sales-based royalty. Sales-based royalty revenues are recognized over the terms of the related license agreements as sales are made by the wholesalers. Retail Channel The Company transfers control of products and recognizes revenues at retail stores at the point of sale, in exchange for cash or other payment, primarily debit or credit card. A portion of the transaction price charged to our customers is variable, primarily due to promotional discounts or allowances, and terms that permit retail customers to exchange or return products for a full refund within a limited period of time. When recognizing revenues, the amount of revenues associated with expected sales returns is estimated based on historical experience, and adjustments to our estimates are made when the most likely amount of consideration we expect to receive changes. E-commerce Channel In the e-commerce channel, the Company transfers control and recognizes revenues when the product is shipped from the distribution centers. Payment from customers is primarily through debit and credit card and is made at the time the customer order is shipped. Similar to the retail channel, a portion of the amount of revenue is variable, primarily due to sales returns, discounts, and other promotional allowances offered to our customers. When recognizing revenues, the amount of revenues associated with expected sales returns is estimated based on historical experience, and adjustments are made when the most likely amount of consideration changes. Historically, the amount of revenues associated with product returns in the e-commerce channel has been higher than the retail channel. Contract Liabilities Contract liabilities consist of advance cash deposits received from wholesale customers to secure product orders in connection with seasonal selling seasons, and payments received in advance of delivery. As products are shipped and control transfers, the Company recognizes the deferred revenue in ‘Revenues’ in the condensed consolidated statements of operations. At January 1 and September 30, 2018 , $1.3 million and $1.8 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 $0.2 million and $2.4 million , respectively, were recognized in revenues during the three and nine months ended September 30, 2018 . The remainder of deferred revenues at September 30, 2018 are expected to be recognized in revenues during the fourth quarter of 2018 as products are shipped or delivered. Refund Liabilities Refund liabilities, primarily associated with product sales returns, retrospective volume rebates, and early payment discounts are estimated based on an analysis of historical experience, and adjustments to revenues made when the most likely amount of consideration expected changes. At January 1 and September 30, 2018 , $3.4 million and $7.3 million , respectively, of refund liabilities, primarily associated with product returns, were reported in ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets.

Share-based Compensation

Share-based Compensation	9 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [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 two predecessor plans, the 2005 Equity Incentive Plan, and 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 September 30, 2018 , 2.4 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. Refer to Notes 1 and 10 of the Company’s Annual Report for a detailed description of the Company’s share-based compensation awards, including information related to grant date fair value, vesting terms, performance, and other conditions. Share-Based Compensation Expense Pre-tax share-based compensation expense reported in the Company’s condensed consolidated statements of operations was: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Cost of sales $ 91 $ 93 $ 268 $ 293 Selling, general and administrative expenses 3,214 2,813 9,052 6,558 Total share-based compensation expense $ 3,305 $ 2,906 $ 9,320 $ 6,851 Stock Option Activity Stock option activity during the nine months ended September 30, 2018 was: Number of Options (in thousands) Outstanding December 31, 2017 541 Granted — Exercised (123 ) Forfeited or expired (27 ) Outstanding September 30, 2018 391 As of September 30, 2018 , the Company had $0.3 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 1.65 years. Restricted Stock Awards and Restricted Stock Units Activity The Company grants time-based restricted stock awards (“RSAs”) as well as time-based and performance-based restricted stock units (“RSUs”). RSA and RSU activity during the nine months ended September 30, 2018 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, 2017 17 $ 6.84 3,791 $ 7.99 Granted 35 18.61 1,387 14.27 Vested (42 ) 13.73 (1,086 ) 8.54 Forfeited — — (1,285 ) 7.61 Unvested at September 30, 2018 10 $ 18.61 2,807 $ 11.19 As of September 30, 2018 , unrecognized share-based compensation expense for RSAs was $0.2 million , which is expected to amortize over a remaining weighted average period of 0.68 years. RSUs vested during the nine months ended September 30, 2018 consisted of 0.8 million time-based awards and 0.3 million performance-based awards. As of September 30, 2018 , unrecognized share-based compensation expenses for time-based and performance-based awards were $9.1 million and $7.6 million , respectively, and are expected to amortize over remaining weighted average period of 1.52 years and 2.43 years, respectively.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Income tax expense and effective tax rates were: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands, except effective tax rate) Income before income taxes $ 14,584 $ 2,584 $ 79,173 $ 48,118 Income tax expense 4,092 955 17,850 13,519 Effective tax rate 28.1 % 37.0 % 22.5 % 28.1 % During the three and nine months ended September 30, 2018, the decrease in the effective tax rate, compared to the same period in 2017, is due to the release of valuation allowances in certain jurisdictions, partially offset by operating losses in certain jurisdictions where the Company has determined that it is not more likely than not to realize the associated tax benefits, tax expense recorded in profitable jurisdictions, and the impact of the GILTI provisions included in the Tax Act. The Company evaluates the need for valuation allowances by analyzing all available positive and negative evidence. The Company has determined that it is more likely than not to realize the associated tax benefits in certain jurisdictions and the valuation allowances in these jurisdictions have been released. In other jurisdictions, the Company has determined that it is not more likely than not to realize the associated tax benefits and has maintained or recorded valuation allowances against the deferred tax assets in these jurisdictions. The Company has elected to account for GILTI as a period cost, and therefore has included GILTI expense in the effective tax rate calculation. The Company’s effective income tax rate, for each period presented, also differs from the federal U.S. statutory rate due to the release of valuation allowances in certain jurisdictions and differences in income tax rates between U.S. and foreign jurisdictions. The Company had unrecognized tax benefits of $4.6 million and $6.2 million at September 30, 2018 and December 31, 2017, respectively, and the Company does not expect any significant changes in tax benefits in the next twelve months. The Company’s tax rate fluctuates and may increase or decrease with changes in, among other things, the amount of income or loss by jurisdiction, the Company’s 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 the Company’s effective tax rate. Additionally, the Company continues to evaluate the impacts of the Tax Act. As the Company further understands its implications, as well as the related, and yet to be issued, regulations and interpretations, the Company’s effective tax rate could be impacted. The Company is still evaluating the GILTI provisions of the Tax Act and the related implications and has concluded that the Company will record as a periodic expense as incurred, and, therefore, has not recorded deferred taxes for GILTI. During the three months ended September 30, 2018, the Company made adjustments to the amounts recorded as of December 31, 2017, as a result of the Tax Act related to U.S. income taxes on accumulated foreign subsidiary earnings not previously subject to U.S. income tax. As of December 31, 2017, the Company recorded provisional amounts based on estimates of the effects of the Tax Act as the analysis requires significant data from its foreign subsidiaries that is not regularly collected or analyzed. The U.S. federal transition tax liability, net of newly generated income tax credits, was an obligation of $17.1 million . Upon gathering additional information, the Company determined this liability to be $19.5 million . The Company has existing foreign tax credits and other attributes which fully offset this transition tax obligation. However, the Company continues to consider these amounts provisional for the reasons discussed above. Additional impacts from the Tax Act will be recorded as they are identified during the measurement period pursuant to SEC Staff Accounting Bulletin No. 118 ("SAB 118"). The Company’s determination of the tax effects of the Tax Act will be completed no later than one year from the enactment date as permitted under SAB 118. Any further adjustments to provisional amounts that are identified during the measurement period will be finalized as part of our fourth quarter income tax procedures and recorded as part of the December 31, 2018 provision.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Basic and diluted earnings per common share (“EPS”) for the three and nine months ended September 30, 2018 and 2017 were: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands, except per share data) Numerator: Net income (loss) attributable to common stockholders $ 6,520 $ (2,263 ) $ 49,469 $ 22,978 Less: Net income allocable to Series A Preferred stockholders (1) (1,114 ) — (8,319 ) (3,642 ) Remaining net income (loss) available to common stockholders - basic and diluted $ 5,406 $ (2,263 ) $ 41,150 $ 19,336 Denominator: Weighted average common shares outstanding - basic 67,821 71,895 68,223 73,212 Plus: dilutive effect of stock options and unvested restricted stock units 4,953 — 2,881 948 Weighted average common shares outstanding - diluted 72,774 71,895 71,104 74,160 Net income (loss) per common share: Basic $ 0.08 $ (0.03 ) $ 0.60 $ 0.26 Diluted $ 0.07 $ (0.03 ) $ 0.58 $ 0.26 (1) Represents the amount which would have been paid to preferred stockholders in the event the Company had declared a dividend on its common stock. An insignificant number of options and RSUs were antidilutive for the three month period ended September 30, 2018. For the nine months ended September 30, 2018 and 2017 , 0.1 million and 0.7 million options and RSUs, respectively, were excluded from the calculation of diluted EPS under the two-class method because the effect was anti-dilutive. If converted, the Series A Preferred Stock would represent approximately 17.0% of the Company’s common stock outstanding, or 13.8 million additional common shares, as of September 30, 2018 .

Commitments And Contingencies

Commitments And Contingencies	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	COMMITMENTS AND CONTINGENCIES Rental Commitments and Contingencies The Company rents retail store, office and warehouse space, vehicles, and equipment under operating leases expiring at various dates through 2033 . Rent expense for leases with escalations or rent holidays is recognized on a straight-line basis over the lease term beginning on the lease inception date. Certain leases also provide for contingent rents, which are generally determined as a percent of sales in excess of specified levels. A contingent rent liability is recognized together with the corresponding rent expense when specified levels have been achieved or when the Company determines that achieving the specified levels during the period is probable. Future minimum lease payments under operating leases were: As of September 30, 2018 (in thousands) 2018 (remainder of year) $ 12,215 2019 38,847 2020 31,305 2021 25,130 2022 17,203 Thereafter 50,039 Total minimum lease payments $ 174,739 Minimum sublease rental income of $ 0.1 million under non-cancelable subleases, and contingent rentals are excluded from the commitment schedule. Rent expense under operating leases was: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Minimum rentals (1) $ 15,107 $ 19,505 $ 50,951 $ 60,693 Contingent rentals 4,175 4,264 11,870 12,086 Less: Sublease rentals (37 ) (55 ) (110 ) (144 ) Total rent expense $ 19,245 $ 23,714 $ 62,711 $ 72,635 (1) Minimum rentals include all lease payments as well as fixed and variable common area maintenance, parking, and storage fees, which were approximately $2.3 million and $2.5 million for the three months ended September 30, 2018 and 2017 , respectively, and $7.1 million and $7.7 million for the nine months ended September 30, 2018 and 2017 , respectively. Purchase Commitments As of September 30, 2018 , 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 $ 158.5 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 14 — 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	9 Months Ended
	Sep. 30, 2018
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 Europe. In addition, the ‘Other businesses’ category aggregates insignificant operating segments that do not meet the reportable segment threshold, including company-operated manufacturing operations and corporate operations. 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 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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Revenues: Americas $ 136,957 $ 120,459 $ 398,549 $ 374,336 Asia Pacific (1) 75,163 75,320 288,645 278,656 Europe (1) 47,419 47,240 182,889 170,864 Total segment revenues 259,539 243,019 870,083 823,856 Other businesses 1,525 254 2,133 545 Total consolidated revenues $ 261,064 $ 243,273 $ 872,216 $ 824,401 Income from operations: (2) Americas $ 42,586 $ 24,398 $ 110,814 $ 81,132 Asia Pacific (1) 16,861 14,115 74,640 70,880 Europe (1) 12,064 4,870 53,819 35,182 Total segment income from operations 71,511 43,383 239,273 187,194 Reconciliation of total segment income from operations to income before income taxes: Other businesses (3) (14,092 ) (6,233 ) (41,557 ) (16,883 ) Unallocated corporate and other (2) (43,524 ) (34,465 ) (120,835 ) (122,598 ) Income from operations 13,895 2,685 76,881 47,713 Foreign currency gains, net 233 (257 ) 1,587 181 Interest income 422 269 847 576 Interest expense (126 ) (167 ) (371 ) (539 ) Other income 160 54 229 187 Income before income taxes $ 14,584 $ 2,584 $ 79,173 $ 48,118 Depreciation and amortization: Americas $ 1,098 $ 1,383 $ 3,613 $ 4,075 Asia Pacific 422 863 1,655 2,710 Europe 301 374 980 1,138 Total segment depreciation and amortization 1,821 2,620 6,248 7,923 Other businesses 1,213 1,618 4,168 5,106 Unallocated corporate and other 3,627 3,648 11,119 11,672 Total consolidated depreciation and amortization $ 6,661 $ 7,886 $ 21,535 $ 24,701 (1) In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘Europe’ segment.The previously reported amounts for revenues and income from operations for the three and nine months ended September 30, 2017 have also been revised to conform to the current period presentation. See ‘Impacts of segment composition change’ table below for more information. (2) In 2018, certain global marketing expenses previously reported within the operating segments are managed and reported within ‘Unallocated corporate and other’. The previously reported amounts for income from operations for the three and nine months ended September 30, 2017 have been revised to conform to the current year presentation. See ‘Impacts of global marketing expense realignment’ table below for more information. (3) ‘Other businesses’ expense increases are due primarily to costs incurred in conjunction with the closure of Mexico and Italy manufacturing and distribution facilities, which were substantially completed in the third quarter of 2018, other expenses as a result of outsourcing, and other supply chain cost changes. Impacts of segment composition change: Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Increase (Decrease) (in thousands) Impacts on revenues: Asia Pacific $ (4,719 ) $ (24,372 ) Europe 4,719 24,372 Impacts on income from operations: Asia Pacific 527 (6,203 ) Europe (527 ) 6,203 Impacts of global marketing expense realignment: Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Increase (Decrease) (in thousands) Impacts on income from operations: Americas $ 297 $ 9,823 Asia Pacific 323 3,789 Europe (19 ) 1,258 Unallocated corporate and other (601 ) (14,870 )

Legal Proceedings

Legal Proceedings	9 Months Ended
	Sep. 30, 2018
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 $3.6 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 $8.2 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 requested a special appeal to that decision. If the appeal is accepted, Crocs will have the opportunity to both defend the appeal as well as challenge it procedurally. 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 $5.1 million , plus interest and penalties, at risk for those assessments. The tax authorities have appealed that decision. Crocs intends to file 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 September 30, 2018 , reasonably possible losses associated with these claims and other disputes are immaterial. 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)	9 Months Ended
	Sep. 30, 2018
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, operating throughout Western Europe, Eastern Europe, Russia, Africa, and the Middle East. In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘Europe’ segment. See Note 13 — Operating Segments and Geographic Information for additional information. The previously reported amounts for revenues and income from operations for the three and nine months ended September 30, 2017 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 (“SEC”). 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, 2017 (“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.
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 are typically less than revenues generated during our first three quarters, when the northern hemisphere is experiencing warmer weather. 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 subsidiaries of Blackstone Capital Partners VI L.P. (“Blackstone”). Blackstone and certain of its permitted transferees currently beneficially own all the outstanding shares of the Company’s Series A Convertible Preferred Stock (“Series A Preferred Stock”), which is convertible into approximately 13.8 million shares, or 17.0% , of the Company’s common stock as of September 30, 2018 . Blackstone also has the right to nominate two representatives to serve on the Company’s Board of Directors. Certain Blackstone subsidiaries provide various services to the Company, including inventory count services, cybersecurity and consulting, and workforce management services. The Company paid $0.1 million for each of the three month periods ended September 30, 2018 and 2017 , respectively, and $0.5 million and $0.6 million for the nine months ended September 30, 2018 and 2017 , respectively, for these services. Expenses related to these services are reported in ‘Selling, general and administrative expenses’ in the condensed consolidated statements of operations.
Restricted Cash	Restricted Cash Restricted cash primarily consists of funds to secure certain retail store leases, certain customs requirements, and other contractual arrangements.
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value. Effective January 1, 2018, the Company completed implementation of a new inventory costing system for approximately 95% of its inventories. In connection with the implementation, the Company changed its method of inventory costing from a moving average cost method to a first-in-first-out method. The Company believes this change in accounting principle is preferable because it results in more precision and consistency in global and regional inventory costs, more efficient analysis and better matching of inventory costs with revenues, better matches the physical flow of inventories, and improves comparability with industry peers. The change from the Company’s former inventory cost method did not have a material effect on inventory or cost of sales, and, as a result, prior comparative financial statements have not been restated.
Marketing Expense	Marketing Expenses Total marketing expenses inclusive of advertising, production, promotion, and agency expenses were $14.5 million and $9.9 million for the three months ended September 30, 2018 and 2017 , respectively, and $55.4 million and $49.6 million for the nine months ended September 30, 2018 and 2017 , respectively. Marketing expenses are reported in ‘Selling, general and administrative expenses’ in the condensed consolidated statements of operations. Prepaid advertising and promotional endorsement expenses of $9.3 million and $7.0 million are included in ‘Prepaid expenses and other assets’ in the condensed consolidated balance sheets at September 30, 2018 and December 31, 2017 , respectively.
Recent Accounting Pronouncements	New Accounting Pronouncement Adopted Income Tax Accounting Implications of the Tax Cuts and Jobs Act In March 2018, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance on the income tax accounting implications of the U.S. Tax Cuts and Job Act (“Tax Act”), addressing the application of U.S. GAAP in situations when a registrant does not have the necessary information available, prepared, or analyzed in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. The guidance provides a measurement period for companies to evaluate the impacts of the Tax Act on their financial statements. This measurement period begins in the reporting period that includes the enactment date and ends when an entity has obtained, prepared, and analyzed the information that was needed in order to complete the accounting requirements, and cannot exceed one year. Due to the timing of the enactment and the complexity involved in applying the provisions of the Tax Act, we made reasonable estimates of the effects and recorded provisional amounts in our financial statements for the three and nine months ended September 30, 2018 and the year ended December 31, 2017, including provisional estimates for the Base Erosion and Anti-abuse Tax (“BEAT”), Global Intangible Low-Taxed Income (“GILTI”), and transition tax. The U.S. Treasury Department, the Internal Revenue Service (“IRS”), and other standard-setting bodies may issue guidance on how the provisions of the Tax Act will be applied or otherwise administered that is different from our interpretation. As we collect and prepare necessary data, and interpret the Tax Act and any additional guidance issued by the IRS or other standard-setting bodies, we may make adjustments to the provisional amounts that could materially affect our financial position and results of operations as well as our effective tax rate in the period in which the adjustments are made. See Note 10 — Income Taxes for more information. Stock Compensation Scope of Modification Accounting In May 2017, the FASB issued authoritative guidance intended to clarify those changes to terms and conditions of stock-based compensation awards that are required to be accounted for as modifications of existing stock-based awards. The Company adopted this guidance as of January 1, 2018. The adoption did not have an impact on our condensed consolidated financial position or results of operations. Clarifying the Definition of a Business In January 2017, the FASB issued authoritative guidance intended to clarify the definition of a business, for purposes of determining whether a business has been acquired or sold, and consequently whether transactions should be accounted for as acquisitions or disposals of a business or as acquisitions or disposals of assets. The Company adopted this guidance as of January 1, 2018. The adoption did not have an impact on our condensed consolidated financial position or results of operations. Statements of Cash Flows - Classification and Change in Restricted Cash In August 2016, the FASB issued authoritative guidance intended to clarify how entities should classify certain cash receipts and cash payments in the statements of cash flows. In November 2016, the FASB issued additional guidance requiring that restricted cash be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period amounts reported in the statements of cash flows. The guidance is applied retrospectively to all periods presented and is effective for annual reporting periods beginning after December 15, 2017, and interim periods within those annual periods. The Company adopted this guidance as of January 1, 2018. As a result of the adoption, the Company changed the presentation in its statements of cash flows for all periods presented. Prepaid Stored-Value Products In March 2016, the FASB issued guidance related to the recognition of breakage for certain prepaid stored-value products. The standard is effective for annual periods (including interim periods) beginning after December 15, 2017. The Company adopted this guidance as of January 1, 2018. The adoption did not have a significant impact on our consolidated financial position or results of operations. Revenue Recognition In May 2014, the FASB issued authoritative guidance related to revenue recognition from contracts with customers. On January 1, 2018, the Company adopted the guidance 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. The adoption of this guidance did not have, and is not expected to have, a significant impact on our reported revenues, gross margins or income from operations. Substantially all of the Company’s revenues are recognized when control of product passes to customers when the products are shipped or delivered. Effective January 1, 2018, the Company changed its balance sheet presentation for expected product returns by reporting a product return asset for the right to receive returned products and a returns liability for amounts expected to be refunded to customers as a result of product returns. The product return asset is reported within ‘Prepaid expenses and other assets’ in the condensed consolidated balance sheet. The returns liability and payments received from customers for future delivery of products are reported within ‘Accrued liabilities and other expenses’ in the condensed consolidated balance sheet. The Company elected to account for shipping and handling costs associated with outbound freight after control of product passes to customers as fulfillment costs, which are expensed as incurred and included in ‘Cost of sales’ in our condensed consolidated statements of operations. There is no change to the Company’s comparative reporting of shipping and handling costs as a result of adoption. The Company elected to expense incremental costs to obtain customer contracts, consisting primarily of commission incentives, when incurred and reports these costs within ‘Selling, general and administrative expenses’ in its condensed consolidated statements of operations. There is no change to the Company’s comparative reporting of incremental costs to obtain customer contracts as a result of adoption. The impact of adoption on the January 1, 2018 condensed consolidated balance sheet was: December 31, 2017 Impact of Adoption (1) January 1, 2018 (in thousands) Assets: Accounts receivable, net $ 83,518 $ 1,801 $ 85,319 Prepaid expenses and other assets 22,596 1,555 24,151 Liabilities: Accrued expenses and other liabilities 84,446 3,356 87,802 (1) Prior to adoption, product return assets and return liabilities were reported within ‘Accounts receivable, net’, within the allowance for doubtful accounts. As of the adoption date, the product return assets were reclassified and reported as a component of ‘Prepaid expenses and other assets’, and return liabilities were reclassified to ‘Accrued expenses and other liabilities’ in the Company’s condensed consolidated balance sheet. The impact of the new revenue recognition guidance on our condensed consolidated balance sheet as of September 30, 2018 was: September 30, 2018 Balances Without Adoption Effects of New Guidance (1) As Reported (in thousands) Assets: Accounts receivable, net $ 106,091 $ 4,387 $ 110,478 Prepaid expenses and other assets 22,982 2,874 25,856 Liabilities: Accrued expenses and other liabilities 92,532 7,261 99,793 (1) The new revenue recognition guidance requires comparative disclosures of the effects of the new guidance on the Company’s condensed consolidated financial statements for all interim periods during the year of adoption. The new guidance did not have a significant effect on the Company’s condensed consolidated statements of operations for the three and six months ended September 30, 2018 . See Note 8 — Revenues for additional disclosures. New Accounting Pronouncements Not Yet Adopted Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In February 2018, the FASB issued authoritative guidance that permits reclassification of the income tax effects of the 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 becomes effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods, with early adoption permitted. The Company does not expect adoption of this standard will have a significant impact on the Company’s condensed consolidated financial statements. Leases In February 2016, the FASB issued authoritative guidance intended to increase transparency and comparability among organizations by recognizing lease assets and liabilities on the balance sheet and disclosing key information about leasing arrangements. Under the new guidance, lessees will be required to recognize a right-of-use asset and a lease liability, measured on a discounted basis, at the commencement date for all leases with terms greater than twelve months. Additionally, this guidance will require disclosures to help investors and other financial statement users to better understand the amount, timing, and uncertainty of cash flows arising from leases, including qualitative and quantitative requirements. The guidance will be applied under a modified retrospective transition approach. The guidance and related amendments are effective for annual reporting periods beginning after December 15, 2018, including interim periods within those annual periods, with early adoption permitted. In July 2017, the Company established an implementation team and engaged external advisers and solution providers to develop a multi-phase plan to assess the Company’s leasing arrangements, as well as any changes to accounting policies, processes, or necessary systems. The Company has procured the necessary software and services to facilitate adoption of the guidance. The Company is continuing its detailed review of its leases and other contractual arrangements, assessments of its systems and related accounting procedures and controls requirements. The Company has begun implementation of the software selected. 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, has elected not to apply ‘hindsight’ when adopting the standard, and has elected the short-term lease exemption. Further, the Company has elected to not separate lease and non-lease components for all of its leases. Substantially all of the Company’s leases are operating leases under the new standard. The Company will adopt this guidance on January 1, 2019, which will also be the effective date for implementation of the standard. Consequently, financial information will not be updated and the disclosures required under the new standard will not be provided for dates and periods before January 1, 2019. We expect that this standard will have a material effect on our financial statements. While we continue to assess all of the effects of the new standard, upon adoption we expect adoption to result in recognition of significant new lease-related assets and lease liabilities in the Company’s consolidated balance sheet, and significant new disclosures in the footnotes to the Company’s consolidated financial statements. The Company does not expect that adoption of the standard will have a significant effect on the consolidated operating income or the cash flows of the Company. Other Pronouncements Other new pronouncements issued but not effective until after September 30, 2018 are not expected to have a material impact on the Company’s condensed consolidated financial statements.
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.

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The impact of adoption on the January 1, 2018 condensed consolidated balance sheet was: December 31, 2017 Impact of Adoption (1) January 1, 2018 (in thousands) Assets: Accounts receivable, net $ 83,518 $ 1,801 $ 85,319 Prepaid expenses and other assets 22,596 1,555 24,151 Liabilities: Accrued expenses and other liabilities 84,446 3,356 87,802 (1) Prior to adoption, product return assets and return liabilities were reported within ‘Accounts receivable, net’, within the allowance for doubtful accounts. As of the adoption date, the product return assets were reclassified and reported as a component of ‘Prepaid expenses and other assets’, and return liabilities were reclassified to ‘Accrued expenses and other liabilities’ in the Company’s condensed consolidated balance sheet. The impact of the new revenue recognition guidance on our condensed consolidated balance sheet as of September 30, 2018 was: September 30, 2018 Balances Without Adoption Effects of New Guidance (1) As Reported (in thousands) Assets: Accounts receivable, net $ 106,091 $ 4,387 $ 110,478 Prepaid expenses and other assets 22,982 2,874 25,856 Liabilities: Accrued expenses and other liabilities 92,532 7,261 99,793 (1) The new revenue recognition guidance requires comparative disclosures of the effects of the new guidance on the Company’s condensed consolidated financial statements for all interim periods during the year of adoption. The new guidance did not have a significant effect on the Company’s condensed consolidated statements of operations for the three and six months ended September 30, 2018 .

Accrued Expenses And Other Li_2

Accrued Expenses And Other Liabilities (Tables)	9 Months Ended
	Sep. 30, 2018
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: September 30, December 31, (in thousands) Accrued compensation and benefits $ 40,960 $ 34,955 Professional services 11,042 10,835 Accrued rent and occupancy 7,826 8,535 Fulfillment, freight, and duties 8,647 6,921 Royalties payable and deferred revenue 3,940 6,193 Sales/use and value added taxes payable 7,342 3,509 Return liabilities (1) 7,261 — Other (2) 12,775 13,498 Total accrued expenses and other liabilities $ 99,793 $ 84,446 (1) Return liabilities are presented within ‘Accrued expenses and other liabilities’ upon adoption of new authoritative guidance on revenue recognition effective January 1, 2018, as described in Note 2 — Recent Accounting Pronouncements . (2) Includes current liabilities of $3.0 million related to Series A Preferred Stock dividends at both September 30, 2018 and December 31, 2017 .

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value of Company's Notes Payable	The fair values of the Company’s outstanding notes payable approximate their carrying values at September 30, 2018 and December 31, 2017 , based on interest rates currently available to the Company for similar borrowings. September 30, 2018 December 31, 2017 Carrying Value Fair Value Carrying Value Fair Value (in thousands) Borrowings and capital lease obligations $ 26 $ 26 $ 706 $ 706

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2018
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 and are reported within either ‘Prepaid expenses and other assets’ or ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets, were: September 30, 2018 December 31, 2017 Derivative Assets Derivative Liabilities Derivative Assets Derivative Liabilities (in thousands) Forward foreign currency exchange contracts $ 1,581 $ (987 ) $ 1,241 $ (1,647 ) Netting of counterparty contracts (987 ) 987 (1,241 ) 1,241 Foreign currency forward contract derivatives $ 594 $ — $ — $ (406 )
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. September 30, 2018 December 31, 2017 Notional Fair Value Notional Fair Value (in thousands) Singapore Dollar $ 36,985 $ (102 ) $ 73,455 $ 364 Euro 48,865 (90 ) 37,718 (122 ) Japanese Yen 40,510 171 30,688 (89 ) South Korean Won 30,974 (29 ) 15,888 (134 ) British Pound Sterling 50,406 12 13,233 80 Other currencies 62,452 632 53,698 (505 ) Total $ 270,192 $ 594 $ 224,680 $ (406 ) Latest maturity date October 2018 January 2018
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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Foreign currency transaction gains (losses) $ (1,382 ) $ (674 ) $ (894 ) $ 1,120 Foreign currency forward exchange contracts gains (losses) 1,615 417 2,481 (939 ) Foreign currency gains (losses), net $ 233 $ (257 ) $ 1,587 $ 181

Revolving Credit Facility and_2

Revolving Credit Facility and Bank Borrowings (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Components Of Our Consolidated Debt And Capital Lease Obligations	The Company’s borrowings consisted of: September 30, December 31, (in thousands) Notes payable $ — $ 662 Capital lease obligations 26 44 Total borrowings and capital lease obligations 26 706 Less: Current portion of borrowings and capital lease obligations 11 676 Total long-term capital lease obligations $ 15 $ 30
Maturities of Debt Obligation	The maturities of the Company’s capital lease obligations were: As of September 30, 2018 (in thousands) 2018 (remainder of year) $ 2 2019 9 2020 9 2021 6 Total capital lease obligations 26 Less: current portion 11 Non-current portion $ 15

Revenues (Tables)

Revenues (Tables)	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenues Disaggregated by Region and by Channel	Revenues by reportable operating segment and by channel were: Three Months Ended September 30, 2018 Americas Asia Pacific Europe Other Businesses Total (in thousands) Wholesale (1) $ 44,883 $ 40,938 $ 29,373 $ 1,525 $ 116,719 Retail 65,247 22,942 10,345 — 98,534 E-commerce 26,827 11,283 7,701 — 45,811 Total revenues $ 136,957 $ 75,163 $ 47,419 $ 1,525 $ 261,064 Nine Months Ended September 30, 2018 Americas Asia Pacific Europe Other Businesses Total (in thousands) Wholesale (1) $ 171,477 $ 172,152 $ 130,150 $ 2,133 $ 475,912 Retail 156,557 71,359 29,601 — 257,517 E-commerce 70,515 45,134 23,138 — 138,787 Total revenues $ 398,549 $ 288,645 $ 182,889 $ 2,133 $ 872,216 (1) In the third quarter of 2018, certain revenues previously reported within the ‘Asia Pacific’ segment were shifted to the ‘Europe’ segment.

Share-based Compensation (Table

Share-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [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 September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Cost of sales $ 91 $ 93 $ 268 $ 293 Selling, general and administrative expenses 3,214 2,813 9,052 6,558 Total share-based compensation expense $ 3,305 $ 2,906 $ 9,320 $ 6,851
Stock Option Activity	Stock option activity during the nine months ended September 30, 2018 was: Number of Options (in thousands) Outstanding December 31, 2017 541 Granted — Exercised (123 ) Forfeited or expired (27 ) Outstanding September 30, 2018 391
Schedule Of Restricted Stock Award And Restricted Stock Unit Activity	RSA and RSU activity during the nine months ended September 30, 2018 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, 2017 17 $ 6.84 3,791 $ 7.99 Granted 35 18.61 1,387 14.27 Vested (42 ) 13.73 (1,086 ) 8.54 Forfeited — — (1,285 ) 7.61 Unvested at September 30, 2018 10 $ 18.61 2,807 $ 11.19

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Summary of Tax Expense and Effective Tax Rates	Income tax expense and effective tax rates were: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands, except effective tax rate) Income before income taxes $ 14,584 $ 2,584 $ 79,173 $ 48,118 Income tax expense 4,092 955 17,850 13,519 Effective tax rate 28.1 % 37.0 % 22.5 % 28.1 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Summary Of Basic And Diluted Earnings Per Share	Basic and diluted earnings per common share (“EPS”) for the three and nine months ended September 30, 2018 and 2017 were: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands, except per share data) Numerator: Net income (loss) attributable to common stockholders $ 6,520 $ (2,263 ) $ 49,469 $ 22,978 Less: Net income allocable to Series A Preferred stockholders (1) (1,114 ) — (8,319 ) (3,642 ) Remaining net income (loss) available to common stockholders - basic and diluted $ 5,406 $ (2,263 ) $ 41,150 $ 19,336 Denominator: Weighted average common shares outstanding - basic 67,821 71,895 68,223 73,212 Plus: dilutive effect of stock options and unvested restricted stock units 4,953 — 2,881 948 Weighted average common shares outstanding - diluted 72,774 71,895 71,104 74,160 Net income (loss) per common share: Basic $ 0.08 $ (0.03 ) $ 0.60 $ 0.26 Diluted $ 0.07 $ (0.03 ) $ 0.58 $ 0.26 (1) Represents the amount which would have been paid to preferred stockholders in the event the Company had declared a dividend on its common stock.

Commitments And Contingencies (

Commitments And Contingencies (Tables)	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Future Minimum Lease Payments Under Operating Leases	Future minimum lease payments under operating leases were: As of September 30, 2018 (in thousands) 2018 (remainder of year) $ 12,215 2019 38,847 2020 31,305 2021 25,130 2022 17,203 Thereafter 50,039 Total minimum lease payments $ 174,739
Operating Lease Rental Expense	Rent expense under operating leases was: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Minimum rentals (1) $ 15,107 $ 19,505 $ 50,951 $ 60,693 Contingent rentals 4,175 4,264 11,870 12,086 Less: Sublease rentals (37 ) (55 ) (110 ) (144 ) Total rent expense $ 19,245 $ 23,714 $ 62,711 $ 72,635 (1) Minimum rentals include all lease payments as well as fixed and variable common area maintenance, parking, and storage fees, which were approximately $2.3 million and $2.5 million for the three months ended September 30, 2018 and 2017 , respectively, and $7.1 million and $7.7 million for the nine months ended September 30, 2018 and 2017 , respectively.

Operating Segments and Geogra_2

Operating Segments and Geographic Information (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Information Related to Reportable Operating Segments	The following tables set forth information related to reportable operating segments: Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 (in thousands) Revenues: Americas $ 136,957 $ 120,459 $ 398,549 $ 374,336 Asia Pacific (1) 75,163 75,320 288,645 278,656 Europe (1) 47,419 47,240 182,889 170,864 Total segment revenues 259,539 243,019 870,083 823,856 Other businesses 1,525 254 2,133 545 Total consolidated revenues $ 261,064 $ 243,273 $ 872,216 $ 824,401 Income from operations: (2) Americas $ 42,586 $ 24,398 $ 110,814 $ 81,132 Asia Pacific (1) 16,861 14,115 74,640 70,880 Europe (1) 12,064 4,870 53,819 35,182 Total segment income from operations 71,511 43,383 239,273 187,194 Reconciliation of total segment income from operations to income before income taxes: Other businesses (3) (14,092 ) (6,233 ) (41,557 ) (16,883 ) Unallocated corporate and other (2) (43,524 ) (34,465 ) (120,835 ) (122,598 ) Income from operations 13,895 2,685 76,881 47,713 Foreign currency gains, net 233 (257 ) 1,587 181 Interest income 422 269 847 576 Interest expense (126 ) (167 ) (371 ) (539 ) Other income 160 54 229 187 Income before income taxes $ 14,584 $ 2,584 $ 79,173 $ 48,118 Depreciation and amortization: Americas $ 1,098 $ 1,383 $ 3,613 $ 4,075 Asia Pacific 422 863 1,655 2,710 Europe 301 374 980 1,138 Total segment depreciation and amortization 1,821 2,620 6,248 7,923 Other businesses 1,213 1,618 4,168 5,106 Unallocated corporate and other 3,627 3,648 11,119 11,672 Total consolidated depreciation and amortization $ 6,661 $ 7,886 $ 21,535 $ 24,701 (1) In the third quarter of 2018, certain revenues and expenses previously reported within the ‘Asia Pacific’ segment were shifted to the ‘Europe’ segment.The previously reported amounts for revenues and income from operations for the three and nine months ended September 30, 2017 have also been revised to conform to the current period presentation. See ‘Impacts of segment composition change’ table below for more information. (2) In 2018, certain global marketing expenses previously reported within the operating segments are managed and reported within ‘Unallocated corporate and other’. The previously reported amounts for income from operations for the three and nine months ended September 30, 2017 have been revised to conform to the current year presentation. See ‘Impacts of global marketing expense realignment’ table below for more information. (3) ‘Other businesses’ expense increases are due primarily to costs incurred in conjunction with the closure of Mexico and Italy manufacturing and distribution facilities, which were substantially completed in the third quarter of 2018, other expenses as a result of outsourcing, and other supply chain cost changes. Impacts of segment composition change: Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Increase (Decrease) (in thousands) Impacts on revenues: Asia Pacific $ (4,719 ) $ (24,372 ) Europe 4,719 24,372 Impacts on income from operations: Asia Pacific 527 (6,203 ) Europe (527 ) 6,203 Impacts of global marketing expense realignment: Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 Increase (Decrease) (in thousands) Impacts on income from operations: Americas $ 297 $ 9,823 Asia Pacific 323 3,789 Europe (19 ) 1,258 Unallocated corporate and other (601 ) (14,870 )

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Jan. 01, 2018
Related Party Transaction [Line Items]
Percentage of FIFO inventory (percent)						95.00%
Total marketing expenses	$ 14.5	$ 9.9	$ 55.4	$ 49.6
Prepaid advertising and promotional endorsement costs	$ 9.3		$ 9.3		$ 7
Document Period End Date			Sep. 30, 2018
Series A Preferred Stock [Member]
Related Party Transaction [Line Items]
Series A preferred shares, number of shares issuable if converted (shares)	13.8		13.8
Percentage of common stock if-converted Series A preferred stock (percent)			17.00%
Blackstone [Member]
Related Party Transaction [Line Items]
Expenses paid to affiliates	$ 0.1		$ 0.5	$ 0.6
Product Concentration Risk [Member] | Finished Goods Inventory [Member] | Inventories [Member]
Related Party Transaction [Line Items]
Percentage of finished goods in consolidated inventories (percent)			99.30%		97.50%

Recent Accounting Pronounceme_3

Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	$ 110,478	$ 85,319	$ 83,518
Prepaid expenses and other assets	25,856	24,151	22,596
Accrued expenses and other liabilities	99,793	87,802	84,446
Balances Before Adoption of ASC 606 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	106,091		83,518
Prepaid expenses and other assets	22,982		22,596
Accrued expenses and other liabilities	92,532		$ 84,446
ASU 2014-09 [Member] | Impact of Adoption [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable, net	4,387	1,801
Prepaid expenses and other assets	2,874	1,555
Accrued expenses and other liabilities	$ 7,261	$ 3,356

Accrued Expenses And Other Li_3

Accrued Expenses And Other Liabilities (Schedule Of Accrued Expenses & Other Current Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Class of Stock [Line Items]
Accrued compensation and benefits	$ 40,960		$ 34,955
Professional services	11,042		10,835
Accrued rent and occupancy	7,826		8,535
Fulfillment, freight, and duties	8,647		6,921
Royalties payable and deferred revenue	3,940		6,193
Sales/use and value added taxes payable	7,342		3,509
Return liabilities	7,261		0
Other	12,775		13,498
Total accrued expenses and other liabilities	99,793	$ 87,802	84,446
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Other	$ 3,000		$ 3,000

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets and Liabilities at Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of Company's derivative asset	$ 600		$ 600
Fair value of Company's derivative liability					$ 400
Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Borrowings and capital lease obligations	26		26		706
Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Borrowings and capital lease obligations	26		26		$ 706
Retail Store Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-cash impairment expense	200	$ 200	900	$ 200
Supply Chain Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-cash impairment expense	$ 100		$ 1,300

Derivative Financial Instrume_3

Derivative Financial Instruments (Fair Value of Derivative Assets and Liabilities) (Details) - Level 2 [Member] - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Foreign Currency Derivatives [Abstract]
Derivative asset, gross	$ 1,581	$ 1,241
Derivative asset, netting of counterparty	(987)	(1,241)
Derivative asset, net	594
Derivative liability, gross	(987)	(1,647)
Derivative liability, netting of counterparty	$ 987	1,241
Derivative liability, net		$ (406)

Derivative Financial Instrume_4

Derivative Financial Instruments (Summary Of Derivative Financial Instruments Notional Amounts On Outstanding Positions) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Derivatives, Fair Value [Line Items]
Total notional value	$ 270,192	$ 224,680
Derivative fair value	594	(406)
Singapore Dollar [Member]
Derivatives, Fair Value [Line Items]
Total notional value	36,985	73,455
Derivative fair value	(102)	364
Euro [Member]
Derivatives, Fair Value [Line Items]
Total notional value	48,865	37,718
Derivative fair value	(90)	(122)
Japanese Yen [Member]
Derivatives, Fair Value [Line Items]
Total notional value	40,510	30,688
Derivative fair value	171	(89)
South Korean Won [Member]
Derivatives, Fair Value [Line Items]
Total notional value	30,974	15,888
Derivative fair value	(29)	(134)
British Pound Sterling [Member]
Derivatives, Fair Value [Line Items]
Total notional value	50,406	13,233
Derivative fair value	12	80
Other Currencies [Member]
Derivatives, Fair Value [Line Items]
Total notional value	62,452	53,698
Derivative fair value	$ 632	$ (505)

Derivative Financial Instrume_5

Derivative Financial Instruments (Gains / Losses on Foreign Currency Derivatives) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Foreign currency transaction gains (losses)	$ (1,382)	$ (674)	$ (894)	$ 1,120
Foreign currency forward exchange contracts gains (losses)	1,615	417	2,481	(939)
Foreign currency gains (losses), net	$ 233	$ (257)	$ 1,587	$ 181

Revolving Credit Facility and_3

Revolving Credit Facility and Bank Borrowings (Components Of Our Consolidated Debt And Capital Lease Obligations) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Capital lease obligations	$ 26	$ 44
Total borrowings and capital lease obligations	26	706
Less: current portion	11	676
Non-current portion	15	30
Notes Payable [Member]
Debt Instrument [Line Items]
Notes payable	$ 0	$ 662

Revolving Credit Facility and_4

Revolving Credit Facility and Bank Borrowings (Revolving Credit Facilities and Notes Payable) (Details)	9 Months Ended
	Sep. 30, 2018USD ($)	Nov. 05, 2018USD ($)	Sep. 30, 2018CNY (¥)	Dec. 31, 2017USD ($)
Line of Credit Facility [Line Items]
Amount allowed for repurchase under Amendment	$ 181,800,000
Document Period End Date	Sep. 30, 2018
Senior Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Outstanding letters of credit	$ 600,000
Revolving Credit Facility [Member] | Senior Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Amount allowed for repurchase under Amendment	600,000,000
Maximum capital expenditures and commitments	50,000,000
Intercompany loans permitted	375,000,000
Borrowings outstanding threshold for financial covenant ratios	$ 40,000,000
Percentage of commitments in average outstanding borrowings (percent)	40.00%		40.00%
Minimum fixed charge coverage ratio	110.00%		110.00%
Leverage ratio	200.00%		200.00%
Current borrowing capacity	$ 100,000,000
Outstanding borrowings on the Facility	0
Available borrowing capacity	99,400,000			$ 99,400,000
Limitation on annual stock repurchases	100,000,000
Revolving Credit Facility [Member] | HSBC Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Current borrowing capacity	8,700,000		¥ 60,000,000
Revolving Loan Facility [Member] | HSBC Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Current borrowing capacity	5,800,000		40,000,000
Outstanding borrowings on the Facility	0			$ 0
Revolving Loan Facility [Member] | China Merchant Bank Company Facility (CMBC Facility) [Member]
Line of Credit Facility [Line Items]
Current borrowing capacity	4,400,000		¥ 30,000,000
Outstanding borrowings on the Facility	$ 0
Subsequent Event [Member] | Revolving Credit Facility [Member] | Senior Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Amount allowed for repurchase under Amendment		$ 800,000,000
Current borrowing capacity		150,000,000
Limitation on annual stock repurchases		$ 200,000,000

Revolving Credit Facility and_5

Revolving Credit Facility and Bank Borrowings (Maturities Of Debt Obligations) (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Disclosure [Abstract]
2018 (remainder of year)	$ 2
2,019	9
2,020	9
2,021	6
Total borrowings and capital lease obligations	26	$ 706
Less: current portion	11	676
Non-current portion	$ 15	$ 30

Common Stock Repurchase Progr_2

Common Stock Repurchase Program (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Equity [Abstract]
Stock repurchased during period (shares)	0.6	2.1	2.4	3.4
Stock repurchased during period	$ 11.1	$ 17.1	$ 37	$ 27.1
Common stock authorized for repurchase	$ 181.8		$ 181.8

Revenues - Disaggregated Revenu

Revenues - Disaggregated Revenues (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Disaggregation of Revenue [Line Items]
Revenues	$ 261,064	$ 243,273	$ 872,216	$ 824,401
Wholesale [Member]
Disaggregation of Revenue [Line Items]
Revenues	116,719		475,912
Retail [Member]
Disaggregation of Revenue [Line Items]
Revenues	98,534		257,517
e-Commerce [Member]
Disaggregation of Revenue [Line Items]
Revenues	45,811		138,787
Americas [Member]
Disaggregation of Revenue [Line Items]
Revenues	136,957		398,549
Americas [Member] | Wholesale [Member]
Disaggregation of Revenue [Line Items]
Revenues	44,883		171,477
Americas [Member] | Retail [Member]
Disaggregation of Revenue [Line Items]
Revenues	65,247		156,557
Americas [Member] | e-Commerce [Member]
Disaggregation of Revenue [Line Items]
Revenues	26,827		70,515
Asia Pacific [Member]
Disaggregation of Revenue [Line Items]
Revenues	75,163		288,645
Asia Pacific [Member] | Wholesale [Member]
Disaggregation of Revenue [Line Items]
Revenues	40,938		172,152
Asia Pacific [Member] | Retail [Member]
Disaggregation of Revenue [Line Items]
Revenues	22,942		71,359
Asia Pacific [Member] | e-Commerce [Member]
Disaggregation of Revenue [Line Items]
Revenues	11,283		45,134
Europe [Member]
Disaggregation of Revenue [Line Items]
Revenues	47,419		182,889
Europe [Member] | Wholesale [Member]
Disaggregation of Revenue [Line Items]
Revenues	29,373		130,150
Europe [Member] | Retail [Member]
Disaggregation of Revenue [Line Items]
Revenues	10,345		29,601
Europe [Member] | e-Commerce [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,701		23,138
Other Businesses [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,525		2,133
Other Businesses [Member] | Wholesale [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,525		2,133
Other Businesses [Member] | Retail [Member]
Disaggregation of Revenue [Line Items]
Revenues	0		0
Other Businesses [Member] | e-Commerce [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 0		$ 0

Revenues - Narrative (Details)

Revenues - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Jan. 01, 2018
ASU 2014-09 [Member] | Wholesale [Member]
Revenues [Abstract]
Impact on revenue from changes in estimates	$ 100	$ 1,100
ASU 2014-09 [Member] | Retail [Member]
Revenues [Abstract]
Impact on revenue from changes in estimates	0	0
ASU 2014-09 [Member] | e-Commerce [Member]
Revenues [Abstract]
Impact on revenue from changes in estimates	0	0
Advance Customer Deposits [Member]
Revenues [Abstract]
Deferred revenues accrued	1,800	1,800	$ 1,300
Revenues recognized	200	2,400
Refund Liability [Member]
Revenues [Abstract]
Deferred revenues accrued	$ 7,300	$ 7,300	$ 3,400

Share-based Compensation (Narra

Share-based Compensation (Narrative) (Details) shares in Millions	Sep. 30, 2018shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Shares of common stock remaining available for future issuance (shares)	2.4

Share-based Compensation (Sched

Share-based Compensation (Schedule of Share-based Compensation Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 3,305	$ 2,906	$ 9,320	$ 6,851
Cost of Sales [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	91	93	268	293
Selling, General and Administrative Expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 3,214	$ 2,813	$ 9,052	$ 6,558

Share-based Compensation (Stock

Share-based Compensation (Stock Option Activity) (Details)	9 Months Ended
	Sep. 30, 2018shares
Stock Option Shares
Stock Option Shares Outstanding at beginning of period (shares)	541,000
Granted (shares)	0
Exercised (shares)	(123,000)
Forfeited or expired (shares)	(27,000)
Stock Option Shares Outstanding at end of period (shares)	391,000

Share-based Compensation (Sto_2

Share-based Compensation (Stock Option Activity Narrative) (Details) - Employee Stock Option [Member] $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized share-based compensation expense related to unvested options	$ 0.3
Amortized over a weighted average period	1 year 7 months 24 days

Share-based Compensation (Sch_2

Share-based Compensation (Schedule Of Restricted Stock Award And Restricted Stock Unit Activity) (Details)	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Restricted Stock Awards [Member]
Shares
Unvested beginning balance (shares) | shares	17,000
Granted (shares) | shares	35,000
Vested (shares) | shares	(42,000)
Forfeited (shares) | shares	0
Unvested ending balance (shares) | shares	10,000
Weighted Average Grant Date Fair Value
Weighted average grant date fair value beginning balance (in dollars per share) | $ / shares	$ 6.84
Weighted average grant date fair value of granted (in dollars per share) | $ / shares	18.61
Weighted average grant date fair value of vested (in dollars per share) | $ / shares	13.73
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	$ 18.61
Restricted Stock Units [Member]
Shares
Unvested beginning balance (shares) | shares	3,791,000
Granted (shares) | shares	1,387,000
Vested (shares) | shares	(1,086,000)
Forfeited (shares) | shares	(1,285,000)
Unvested ending balance (shares) | shares	2,807,000
Weighted Average Grant Date Fair Value
Weighted average grant date fair value beginning balance (in dollars per share) | $ / shares	$ 7.99
Weighted average grant date fair value of granted (in dollars per share) | $ / shares	14.27
Weighted average grant date fair value of vested (in dollars per share) | $ / shares	8.54
Weighted average grant date fair value of forfeited (in dollars per share) | $ / shares	7.61
Weighted average grant date fair value ending balance (in dollars per share) | $ / shares	$ 11.19

Share-based Compensation (Restr

Share-based Compensation (Restricted Stock Awards And Restricted Stock Units Activity Narrative) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2018USD ($)shares
Restricted Stock Awards [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards | $	$ 0.2
Amortized over a weighted average period	8 months 5 days
Restricted stock vested in period (shares) | shares	42,000
Time-based Restricted Stock Units [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards | $	$ 9.1
Amortized over a weighted average period	1 year 6 months 7 days
Restricted stock vested in period (shares) | shares	800,000
Performance-based Restricted Stock Units [Member]
Schedule of Restricted Stock Award and Restricted Stock Unit Activity [Line Items]
Unrecognized share-based compensation expense related to unvested awards | $	$ 7.6
Amortized over a weighted average period	2 years 5 months 4 days
Restricted stock vested in period (shares) | shares	300,000

Income Taxes (Summary of Tax Ex

Income Taxes (Summary of Tax Expense and Effective Tax Rates) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Income before income taxes	$ 14,584	$ 2,584	$ 79,173	$ 48,118
Income tax expense	$ 4,092	$ 955	$ 17,850	$ 13,519
Effective tax rate (percent)	28.10%	37.00%	22.50%	28.10%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 4.6	$ 6.2
Transition tax liability	$ 19.5	$ 17.1

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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Net income (loss) attributable to common stockholders - basic and diluted	$ 6,520	$ (2,263)	$ 49,469	$ 22,978
Less: Net income allocable to Series A convertible preferred stockholders	(1,114)	0	(8,319)	(3,642)
Remaining net income (loss) available to common stockholders - basic and diluted	$ 5,406	$ (2,263)	$ 41,150	$ 19,336
Weighted average common shares outstanding - basic (shares)	67,821	71,895	68,223	73,212
Plus: dilutive effect of stock options and unvested restricted stock units (shares)	4,953	0	2,881	948
Weighted average common shares outstanding - diluted (shares)	72,774	71,895	71,104	74,160
Basic (in dollars per share)	$ 0.08	$ (0.03)	$ 0.60	$ 0.26
Diluted (in dollars per share)	$ 0.07	$ (0.03)	$ 0.58	$ 0.26

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Series A Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Percentage of common stock if-converted Series A preferred stock (percent)			17.00%
Series A preferred shares, number of shares issuable if converted (shares)	13,800,000		13,800,000
Stock Options and Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities not included in the calculation of diluted income per share	0	0	100,000	700,000

Commitments And Contingencies_2

Commitments And Contingencies (Minimum Future Lease Payments) (Details) $ in Thousands	Sep. 30, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
2018 (remainder of year)	$ 12,215
2,019	38,847
2,020	31,305
2,021	25,130
2,022	17,203
Thereafter	50,039
Total minimum lease payments	174,739
Minimum sublease rentals excluded from the commitments schedule	$ 100

Commitments And Contingencies_3

Commitments And Contingencies (Operating Lease Rental Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Operating Leases, Rent Expense, Net [Abstract]
Minimum rentals	$ 15,107	$ 19,505	$ 50,951	$ 60,693
Contingent rentals	4,175	4,264	11,870	12,086
Less: Sublease rentals	(37)	(55)	(110)	(144)
Total rent expense	19,245	23,714	62,711	72,635
Common area maintenance, parking and storage.	$ 2,300	$ 2,500	$ 7,100	$ 7,700

Commitments And Contingencies_4

Commitments And Contingencies (Purchase Commitments) (Details) $ in Millions	Sep. 30, 2018USD ($)
Commitments and Contingencies Disclosure [Abstract]
Purchase commitments with third party manufacturers	$ 158.5

Operating Segments and Geogra_3

Operating Segments and Geographic Information (Narrative) (Details)	9 Months Ended
	Sep. 30, 2018segments
Segment Reporting Information [Line Items]
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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Total consolidated revenues	$ 261,064	$ 243,273	$ 872,216	$ 824,401
Income (loss) from operations	13,895	2,685	76,881	47,713
Foreign currency gains, net	233	(257)	1,587	181
Interest income	422	269	847	576
Interest expense	(126)	(167)	(371)	(539)
Other income, net	160	54	229	187
Income before income taxes	14,584	2,584	79,173	48,118
Total consolidated depreciation and amortization	6,661	7,886	21,535	24,701
Americas [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	136,957		398,549
Asia Pacific [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	75,163		288,645
Europe [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	47,419		182,889
Reportable Operating Segments [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	259,539	243,019	870,083	823,856
Income (loss) from operations	71,511	43,383	239,273	187,194
Total consolidated depreciation and amortization	1,821	2,620	6,248	7,923
Reportable Operating Segments [Member] | Americas [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	136,957	120,459	398,549	374,336
Income (loss) from operations	42,586	24,398	110,814	81,132
Total consolidated depreciation and amortization	1,098	1,383	3,613	4,075
Reportable Operating Segments [Member] | Asia Pacific [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	75,163	75,320	288,645	278,656
Income (loss) from operations	16,861	14,115	74,640	70,880
Total consolidated depreciation and amortization	422	863	1,655	2,710
Reportable Operating Segments [Member] | Europe [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	47,419	47,240	182,889	170,864
Income (loss) from operations	12,064	4,870	53,819	35,182
Total consolidated depreciation and amortization	301	374	980	1,138
Reportable Operating Segments [Member] | Other businesses [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues	1,525	254	2,133	545
Income (loss) from operations	(14,092)	(6,233)	(41,557)	(16,883)
Total consolidated depreciation and amortization	1,213	1,618	4,168	5,106
Unallocated corporate and other [Member]
Segment Reporting Information [Line Items]
Income (loss) from operations	(43,524)	(34,465)	(120,835)	(122,598)
Total consolidated depreciation and amortization	$ 3,627	3,648	$ 11,119	11,672
Change in Segment Composition [Member] | Adjustments for revised presentation [Member] | Reportable Operating Segments [Member] | Asia Pacific [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues		(4,719)		(24,372)
Income (loss) from operations		527		(6,203)
Change in Segment Composition [Member] | Adjustments for revised presentation [Member] | Reportable Operating Segments [Member] | Europe [Member]
Segment Reporting Information [Line Items]
Total consolidated revenues		4,719		24,372
Income (loss) from operations		(527)		6,203
Marketing Expense Realignment [Member] | Adjustments for revised presentation [Member] | Reportable Operating Segments [Member] | Americas [Member]
Segment Reporting Information [Line Items]
Income (loss) from operations		297		9,823
Marketing Expense Realignment [Member] | Adjustments for revised presentation [Member] | Reportable Operating Segments [Member] | Asia Pacific [Member]
Segment Reporting Information [Line Items]
Income (loss) from operations		323		3,789
Marketing Expense Realignment [Member] | Adjustments for revised presentation [Member] | Reportable Operating Segments [Member] | Europe [Member]
Segment Reporting Information [Line Items]
Income (loss) from operations		(19)		1,258
Marketing Expense Realignment [Member] | Adjustments for revised presentation [Member] | Unallocated corporate and other [Member]
Segment Reporting Information [Line Items]
Income (loss) from operations		$ (601)		$ (14,870)

Legal Proceedings (Details)

Legal Proceedings (Details) - Brazilian Federal Tax Authorities [Member] R$ in Millions, $ in Millions	Mar. 22, 2018USD ($)	Feb. 25, 2015USD ($)	Feb. 25, 2015BRL (R$)	Jan. 13, 2015USD ($)	Jan. 13, 2015BRL (R$)
Income Tax Examination [Line Items]
Assessments sought again entity	$ 5.1	$ 8.2	R$ 33.3	$ 3.6	R$ 14.4
Reduction in principal, penalties and interest (percent)	38.00%