Reportable Operating Segments
 3 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Reportable Operating Segments
Reportable Operating Segments

The Company has five reportable operating segments consisting of the strategic business units for the worldwide wholesale operations of the UGG brand, Teva brand, Sanuk brand, other brands, and DTC. The Company's other brands currently consist of the Hoka and Koolaburra brands.

The wholesale operations of each brand are managed separately because each requires different marketing, research and development, design, sourcing, and sales strategies. The income (loss) from operations for each of the reportable operating segments includes only those costs which are specifically related to each reportable operating segment, which consist primarily of cost of sales, costs for research and development, design, sales and marketing, depreciation, amortization, and the costs of employees and their respective expenses that are directly related to each reportable operating segment. The unallocated corporate overhead costs include: costs of the distribution centers, certain executive and stock-based compensation, accounting and finance, legal, information technology, human resources, and facilities costs, among others.

During calendar year 2017, the Company began to leverage elements, including particular styles, of the Ahnu® (Ahnu) brand under the umbrella of the Teva brand. Effective April 1, 2017, operations for the Ahnu brand have been discontinued and all styles are sold under the Teva umbrella and are now reported in the Teva brand wholesale reportable operating segment instead of the other brands wholesale reportable operating segment as presented in the comparative prior period.

Reportable operating segment information with a reconciliation to the condensed consolidated statements of comprehensive loss is summarized as follows:
 
Three Months Ended June 30,
 
2017
 
2016
Net sales to external customers:
 
 
 
UGG brand wholesale
$
63,273

 
$
45,901

Teva brand wholesale
32,123

 
29,525

Sanuk brand wholesale
22,220

 
22,303

Other brands wholesale
26,965

 
18,411

Direct-to-Consumer
65,136

 
58,253

 
$
209,717

 
$
174,393

Loss from operations:
 
 
 
UGG brand wholesale
$
(1,021
)
 
$
(10,212
)
Teva brand wholesale
4,943

 
1,862

Sanuk brand wholesale
4,417

 
4,181

Other brands wholesale
1,026

 
(1,630
)
Direct-to-Consumer
(12,102
)
 
(19,419
)
Unallocated overhead costs
(53,519
)
 
(53,101
)
 
$
(56,256
)
 
$
(78,319
)


Inter-segment sales from the Company’s wholesale reportable operating segments to the DTC reportable operating segment are at the Company’s cost, and there is no inter-segment profit on these inter-segment sales, nor are they reflected in loss from operations of the wholesale reportable operating segments.

Assets allocable to each reportable operating segment with a reconciliation to the condensed consolidated balance sheets are as follows:
 
June 30, 2017
 
March 31, 2017
Total assets from reportable operating segments:
 
 
 
UGG brand wholesale
$
386,400

 
$
259,444

Teva brand wholesale
65,732

 
82,505

Sanuk brand wholesale
73,351

 
80,102

Other brands wholesale
65,564

 
70,607

Direct-to-Consumer
103,987

 
113,400

 
$
695,034

 
$
606,058



The assets allocable to each reportable operating segment include accounts receivable, inventory, fixed assets, goodwill, other intangible assets, and certain other assets that are specifically identifiable with one of the Company's reportable operating segments. Unallocated assets are the assets not directly related to a specific reportable operating segment, and generally include cash and cash equivalents, deferred tax assets, and various other corporate assets shared by the Company's reportable operating segments.

Reconciliations of total assets from reportable operating segments to the condensed consolidated balance sheets are as follows:
 
June 30, 2017
 
March 31, 2017
Total assets from reportable operating segments
$
695,034

 
$
606,058

Unallocated cash and cash equivalents
279,940

 
291,764

Unallocated deferred tax assets
50,698

 
44,708

Other unallocated corporate assets
247,186

 
249,250

Consolidated total assets
$
1,272,858

 
$
1,191,780