Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 507,991 $ 466,685
Trade accounts receivable, less allowances of $24,260 in 2015 and $21,007 in 2014 343,930 272,103
Other receivables 18,661 16,510
Total receivables 362,591 288,613
Inventories 620,247 453,837
Prepaid expenses and other current assets 57,363 57,015
Deferred tax assets 22,275 18,864
Total current assets 1,570,467 1,285,014
Property, plant and equipment, net 435,907 373,183
Other assets 41,034 16,721
Total non-current assets 476,941 389,904
TOTAL ASSETS 2,047,408 1,674,918
Current Liabilities:    
Current installments of long-term borrowings 15,653 101,407
Short-term borrowings 59 1,810
Accounts payable 473,983 352,815
Accrued expenses 87,318 49,705
Total current liabilities 577,013 505,737
Long-term borrowings, excluding current installments 68,942 15,081
Other long-term liabilities 25,719 19,993
Total non-current liabilities 94,661 35,074
Total liabilities $ 671,674 $ 540,811
Commitments and contingencies
Stockholders’ equity:    
Preferred Stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital $ 386,156 $ 355,535
Accumulated other comprehensive loss (26,305) (16,077)
Retained earnings 967,552 735,640
Skechers U.S.A., Inc. equity 1,327,556 1,075,249
Noncontrolling interests 48,178 58,858
Total stockholders' equity 1,375,734 1,134,107
TOTAL LIABILITIES AND EQUITY 2,047,408 1,674,918
Class A Common Stock [Member]    
Stockholders’ equity:    
Common Stock 127 120
Class B Convertible Common Stock [Member]    
Stockholders’ equity:    
Common Stock $ 26 $ 31