Skechers U.S.A., Inc. Quarterly report pursuant to Section 13 or 15(d)

Stockholders Equity and Stock Compensation (Tables)

6 Months Ended

Jun. 30, 2023

The following table provides a summary the Company’s stock repurchase activities:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Shares repurchased		579,475		635,712		1,255,665		1,287,486
Average cost per share	$	51.79	$	38.12	$	47.80	$	38.24
Total cost of shares repurchased (in thousands)	$	30,012	$	24,232	$	60,026	$	49,232

The Company issued the following stock-based instruments:


	Six Months Ended June 30,
	2023				2022
	Granted		Weighted-Average Grant-Date Fair Value		Granted		Weighted-Average Grant-Date Fair Value
Restricted stock		885,490	$	45.83		1,314,850	$	38.57
Performance-based restricted stock		121,225	$	43.34		116,250	$	42.46
Market-based restricted stock		121,225	$	59.71		116,250	$	58.85

A summary of the status and changes of the Company’s unvested shares is presented below:


	Shares			Weighted-Average Grant-Date Fair Value
Unvested at December 31, 2022		3,423,902		$	40.62
Granted		1,127,940			47.06
Vested		(938,237	)		38.96
Cancelled		(37,000	)		40.63
Unvested at June 30, 2023		3,576,605		$	43.08