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NOTE 16 - INDUSTRY SEGMENT AND OPERATIONS BY GEOGRAPHIC AREAS:
The Company operates predominantly in one industry segment: the design, production, marketing and selling of sports and fitness footwear, apparel, equipment and accessories. During 1998, 1997 and 1996, sales to one major customer amounted to approximately 11%, 12% and 12% of total sales, respectively. The geographic distribution of the Company's revenues, operating income and identifiable assets, are summarized in the following table. Inter-geographic revenues, which are recorded at a negotiated mark-up and eliminated in consolidation, are not material.