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(6)
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EARNINGS (LOSS) PER SHARE
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Basic EPS and diluted EPS are calculated by dividing net earnings (loss) 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:
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Three Months Ended June 30,
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Six Months Ended June 30,
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(in thousands, except per share data)
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2021
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2020
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2021
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2020
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Net earnings (loss) attributable to Skechers U.S.A., Inc.
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$
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137,369
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$
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(68,097
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)
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$
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235,942
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|
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$
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(18,996
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)
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Weighted-average common shares outstanding, basic
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155,561
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154,138
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|
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155,196
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|
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153,849
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Dilutive effect of nonvested shares
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1,113
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—
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1,125
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—
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Weighted-average common shares outstanding, diluted
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156,674
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154,138
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|
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156,321
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153,849
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Anti-dilutive common shares excluded above
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9,624
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—
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35,154
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—
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Net earnings (loss) per share attributable to Skechers U.S.A., Inc.
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Basic
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$
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0.88
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$
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(0.44
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)
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$
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1.52
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$
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(0.12
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)
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Diluted
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$
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0.88
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$
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(0.44
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)
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$
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1.51
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|
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$
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(0.12
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)
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