Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 824,004 $ 872,237
Short-term investments 106,747 100,029
Trade accounts receivable, less allowances of $25,737 in 2019 and $25,616 in 2018 662,356 501,913
Other receivables 46,222 55,683
Total receivables 708,578 557,596
Inventories 890,409 863,260
Prepaid expenses and other current assets 97,638 79,018
Total current assets 2,627,376 2,472,140
Property, plant and equipment, net 702,545 585,457
Operating lease right-of-use assets 985,001  
Deferred tax assets 52,424 39,431
Long-term investments 90,849 93,745
Other assets, net 108,003 37,482
Total non-current assets 1,938,822 756,115
TOTAL ASSETS 4,566,198 3,228,255
Current liabilities:    
Current installments of long-term borrowings 66,646 1,666
Short-term borrowings 16,270 7,222
Accounts payable 661,428 679,553
Operating lease liabilities 172,947  
Accrued expenses 189,522 161,781
Total current liabilities 1,106,813 850,222
Long-term borrowings, excluding current installments 39,773 88,119
Long-term operating lease liabilities 976,658  
Deferred tax liabilities 433 451
Other long-term liabilities 101,068 100,188
Total non-current liabilities 1,117,932 188,758
Total liabilities 2,224,745 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 293,399 375,017
Accumulated other comprehensive loss (97,354) (31,488)
Retained earnings 1,978,304 1,691,276
Skechers U.S.A., Inc. equity 2,174,502 2,034,958
Non-controlling interests 166,951 154,317
Total stockholders' equity 2,341,453 2,189,275
TOTAL LIABILITIES AND EQUITY 4,566,198 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