| Summary of Quarterly Financial Information |
|
|
(14)
|
SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
|
The operating results for any quarter are not necessarily indicative of results for any future period. Summarized financial data are as follows:
|
Year Ended December 31, 2020
|
|
First
|
|
|
Second
|
|
|
Third
|
|
|
Fourth
|
|
|
(in thousands, except per share data)
|
|
Quarter
|
|
|
Quarter
|
|
|
Quarter
|
|
|
Quarter
|
|
|
Sales
|
|
$
|
1,242,345
|
|
|
$
|
729,472
|
|
|
$
|
1,300,886
|
|
|
$
|
1,324,711
|
|
|
Gross profit
|
|
|
547,668
|
|
|
|
368,566
|
|
|
|
625,121
|
|
|
|
648,426
|
|
|
Net earnings (loss)
|
|
|
41,160
|
|
|
|
(55,217
|
)
|
|
|
82,110
|
|
|
|
78,172
|
|
|
Net earnings (loss) attributable to Skechers U.S.A., Inc.
|
|
|
49,101
|
|
|
|
(68,097
|
)
|
|
|
64,278
|
|
|
|
53,282
|
|
|
Net earnings (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$
|
0.32
|
|
|
$
|
(0.44
|
)
|
|
$
|
0.42
|
|
|
$
|
0.34
|
|
|
Diluted
|
|
$
|
0.32
|
|
|
$
|
(0.44
|
)
|
|
$
|
0.41
|
|
|
$
|
0.34
|
|
|
Year Ended December 31, 2019
|
|
First
|
|
|
Second
|
|
|
Third
|
|
|
Fourth
|
|
|
(in thousands, except per share data)
|
|
Quarter
|
|
|
Quarter
|
|
|
Quarter
|
|
|
Quarter
|
|
|
Sales
|
|
$
|
1,276,756
|
|
|
$
|
1,258,565
|
|
|
$
|
1,353,998
|
|
|
$
|
1,330,732
|
|
|
Gross profit
|
|
|
590,509
|
|
|
|
609,835
|
|
|
|
653,064
|
|
|
|
637,748
|
|
|
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
|
|
|