Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 779,281 $ 872,237
Short-term investments 104,271 100,029
Trade accounts receivable, less allowances of $25,253 in 2019 and $25,616 in 2018 641,431 501,913
Other receivables 44,768 55,683
Total receivables 686,199 557,596
Inventories 855,627 863,260
Prepaid expenses and other current assets 67,165 79,018
Total current assets 2,492,543 2,472,140
Property, plant and equipment, net 683,254 585,457
Operating lease right-of-use assets 996,774  
Deferred tax assets 52,510 39,431
Long-term investments 89,486 93,745
Other assets, net 106,669 37,482
Total non-current assets 1,928,693 756,115
TOTAL ASSETS 4,421,236 3,228,255
Current liabilities:    
Current installments of long-term borrowings 3,986 1,666
Short-term borrowings 9,998 7,222
Accounts payable 640,170 679,553
Operating lease liabilities 170,899  
Accrued expenses 169,520 161,781
Total current liabilities 994,573 850,222
Long-term borrowings, excluding current installments 100,024 88,119
Long-term operating lease liabilities 904,205  
Deferred tax liabilities 442 451
Other long-term liabilities 98,319 100,188
Total non-current liabilities 1,102,990 188,758
Total liabilities 2,097,563 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 282,822 375,017
Accumulated other comprehensive loss (25,282) (31,488)
Retained earnings 1,875,214 1,691,276
Skechers U.S.A., Inc. equity 2,132,907 2,034,958
Non-controlling interests 190,766 154,317
Total stockholders' equity 2,323,673 2,189,275
TOTAL LIABILITIES AND EQUITY 4,421,236 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