Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.22.1
Earnings Per Share
3 Months Ended
Mar. 31, 2022
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)

 

2022

 

 

2021

 

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

 

$

121,223

 

 

$

98,573

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

155,996

 

 

 

154,818

 

Dilutive effect of nonvested shares

 

 

1,452

 

 

 

1,118

 

Weighted-average common shares outstanding, diluted

 

 

157,448

 

 

 

155,936

 

Anti-dilutive common shares excluded above

 

 

27

 

 

 

53

 

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

 

 

 

 

 

 

 

 

Basic

 

$

0.78

 

 

$

0.64

 

Diluted

 

$

0.77

 

 

$

0.63