Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.21.1
Earnings Per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

(6)

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: 

 

 

Three Months Ended March 31,

 

(in thousands, except per share data)

 

2021

 

 

2020

 

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

 

$

98,573

 

 

$

49,101

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

154,818

 

 

 

153,555

 

Dilutive effect of nonvested shares

 

 

1,118

 

 

 

1,097

 

Weighted-average common shares outstanding, diluted

 

 

155,936

 

 

 

154,652

 

Anti-dilutive common shares excluded above

 

 

52,792

 

 

 

36,766

 

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

 

 

 

 

 

 

 

 

Basic

 

$

0.64

 

 

$

0.32

 

Diluted

 

$

0.63

 

 

$

0.32