Skechers U.S.A., Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share

3 Months Ended

Mar. 31, 2021

(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