Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 687,498 $ 872,237
Short-term investments 96,387 100,029
Trade accounts receivable, less allowances of $25,206 in 2019 and $25,616 in 2018 736,563 501,913
Other receivables 35,347 55,683
Total receivables 771,910 557,596
Inventories 740,869 863,260
Prepaid expenses and other current assets 85,137 79,018
Total current assets 2,381,801 2,472,140
Property, plant and equipment, net 605,876 585,457
Operating lease right-of-use assets 970,379  
Deferred tax assets 36,562 39,431
Long-term investments 95,906 93,745
Other assets, net 36,889 37,482
Total non-current assets 1,745,612 756,115
TOTAL ASSETS 4,127,413 3,228,255
Current liabilities:    
Current installments of long-term borrowings 1,576 1,666
Short-term borrowings 14,966 7,222
Accounts payable 456,306 679,553
Operating lease liabilities 170,834  
Accrued expenses 175,492 161,781
Total current liabilities 819,174 850,222
Long-term borrowings, excluding current installments 93,755 88,119
Long-term operating lease liabilities 875,701  
Deferred tax liabilities 443 451
Other long-term liabilities 102,822 100,188
Total non-current liabilities 1,072,721 188,758
Total liabilities 1,891,895 1,038,980
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital 291,867 375,017
Accumulated other comprehensive loss (29,522) (31,488)
Retained earnings 1,800,034 1,691,276
Skechers U.S.A., Inc. equity 2,062,532 2,034,958
Non-controlling interests 172,986 154,317
Total stockholders' equity 2,235,518 2,189,275
TOTAL LIABILITIES AND EQUITY 4,127,413 3,228,255
Class A Common Stock [Member]    
Stockholders’ equity:    
Common Stock 130 129
Class B Common Stock [Member]    
Stockholders’ equity:    
Common Stock $ 23 $ 24