Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 718,536 $ 507,991
Trade accounts receivable, less allowances of $41,647 in 2016 and $24,260 in 2015 326,844 343,930
Other receivables 19,191 18,661
Total receivables 346,035 362,591
Inventories 700,515 620,247
Prepaid expenses and other current assets 62,680 57,363
Total current assets 1,827,766 1,548,192
Property, plant and equipment, net 494,473 435,907
Deferred tax assets 26,043 17,825
Other assets, net 45,388 37,954
Total non-current assets 565,904 491,686
TOTAL ASSETS 2,393,670 2,039,878
Current liabilities:    
Current installments of long-term borrowings 1,783 15,653
Short-term borrowings 6,086 59
Accounts payable 520,437 473,983
Accrued expenses 93,424 87,318
Total current liabilities 621,730 577,013
Long-term borrowings, excluding current installments 67,159 68,942
Deferred tax liabilities 412 8,507
Other long-term liabilities 18,855 9,682
Total non-current liabilities 86,426 87,131
Total liabilities 708,156 664,144
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital 419,038 386,156
Accumulated other comprehensive loss (26,604) (26,305)
Retained earnings 1,211,045 967,552
Skechers U.S.A., Inc. equity 1,603,633 1,327,556
Noncontrolling interests 81,881 48,178
Total stockholders' equity 1,685,514 1,375,734
TOTAL LIABILITIES AND EQUITY 2,393,670 2,039,878
Class A Common Stock [Member]    
Stockholders’ equity:    
Common Stock 130 127
Class B Convertible Common Stock [Member]    
Stockholders’ equity:    
Common Stock $ 24 $ 26