Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.20.4
Earnings Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

 

(9)

EARNINGS PER SHARE

Basic EPS and diluted EPS are calculated by dividing net earnings by the following: for basic EPS, the weighted-average number of common shares outstanding for the period; and for diluted EPS, the sum of the weighted-average number of both outstanding common shares and potentially dilutive common shares using the treasury stock method.

The calculation of EPS is as follows: 

 

 

 

Year Ended December 31,

 

(in thousands, except per share data)

 

2020

 

 

2019

 

 

2018

 

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

 

$

98,564

 

 

$

346,560

 

 

$

301,041

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

154,184

 

 

 

153,392

 

 

 

155,815

 

Dilutive effect of nonvested shares

 

 

710

 

 

 

759

 

 

 

635

 

Weighted-average common shares outstanding, diluted

 

 

154,894

 

 

 

154,151

 

 

 

156,450

 

Anti-dilutive common shares excluded above

 

 

69,060

 

 

 

10,838

 

 

 

352,169

 

Net earnings attributable to Skechers U.S.A., Inc. per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.64

 

 

$

2.26

 

 

$

1.93

 

Diluted

 

$

0.64

 

 

$

2.25

 

 

$

1.92