Annual report pursuant to Section 13 and 15(d)

Summary of Quarterly Financial Information (Tables)

v3.19.3.a.u2
Summary of Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Summary of Unaudited Financial Data

 

The Company believes that the following information reflects all normal recurring adjustments necessary for a fair presentation of the financial information for the periods presented. The operating results for any quarter are not necessarily indicative of results for any future period.  Summarized unaudited financial data are as follows (in thousands, except per share data):

 

2019

 

MARCH 31

 

 

JUNE 30

 

 

SEPTEMBER 30

 

 

DECEMBER 31

 

Sales

 

$

1,276,756

 

 

$

1,258,565

 

 

$

1,353,998

 

 

$

1,330,732

 

Gross profit

 

 

590,509

 

 

 

609,835

 

 

 

653,064

 

 

 

637,749

 

Net earnings

 

 

131,019

 

 

 

91,998

 

 

 

121,734

 

 

 

82,501

 

Net earnings attributable to Skechers U.S.A., Inc.

 

 

108,758

 

 

 

75,180

 

 

 

103,090

 

 

 

59,532

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.71

 

 

 

0.49

 

 

 

0.67

 

 

 

0.39

 

Diluted

 

 

0.71

 

 

 

0.49

 

 

 

0.67

 

 

 

0.39

 

 

2018

 

MARCH 31

 

 

JUNE 30

 

 

SEPTEMBER 30

 

 

DECEMBER 31

 

Sales

 

$

1,250,078

 

 

$

1,134,797

 

 

$

1,176,395

 

 

$

1,080,798

 

Gross profit

 

 

583,104

 

 

 

560,957

 

 

 

563,866

 

 

 

515,678

 

Net earnings (loss)

 

 

137,258

 

 

 

60,859

 

 

 

106,051

 

 

 

67,105

 

Net earnings (loss) attributable to Skechers U.S.A., Inc.

 

 

117,652

 

 

 

45,284

 

 

 

90,728

 

 

 

47,377

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.21

 

 

 

0.29

 

 

 

0.58

 

 

 

0.31

 

Diluted

 

 

0.21

 

 

 

0.29

 

 

 

0.58

 

 

 

0.31