Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 824,876 $ 872,237
Short-term investments 112,037 100,029
Trade accounts receivable, less allowances of $24,106 in 2019 and $25,616 in 2018 645,303 501,913
Other receivables 53,932 55,683
Total receivables 699,235 557,596
Inventories 1,069,863 863,260
Prepaid expenses and other current assets 113,580 79,018
Total current assets 2,819,591 2,472,140
Property, plant and equipment, net 738,925 585,457
Operating lease right-of-use assets 1,073,660  
Deferred tax assets 49,088 39,431
Long-term investments 94,589 93,745
Other assets, net 117,090 37,482
Total non-current assets 2,073,352 756,115
TOTAL ASSETS 4,892,943 3,228,255
Current liabilities:    
Current installments of long-term borrowings 66,234 1,666
Short-term borrowings 5,789 7,222
Accounts payable 764,844 679,553
Operating lease liabilities 191,129  
Accrued expenses 210,235 161,781
Total current liabilities 1,238,231 850,222
Long-term borrowings, excluding current installments 49,183 88,119
Long-term operating lease liabilities 966,011  
Deferred tax liabilities 322 451
Other long-term liabilities 103,089 100,188
Total non-current liabilities 1,118,605 188,758
Total liabilities 2,356,836 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 306,669 375,017
Accumulated other comprehensive loss (29,993) (31,488)
Retained earnings 2,037,836 1,691,276
Skechers U.S.A., Inc. equity 2,314,665 2,034,958
Non-controlling interests 221,442 154,317
Total stockholders' equity 2,536,107 2,189,275
TOTAL LIABILITIES AND EQUITY 4,892,943 3,228,255
Class A Common Stock [Member]    
Stockholders’ equity:    
Common Stock 131 129
Class B Common Stock [Member]    
Stockholders’ equity:    
Common Stock $ 22 $ 24