Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.22.2
Earnings Per Share
6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

(in thousands, except per share data)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

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

 

$

90,404

 

 

$

137,369

 

 

$

211,627

 

 

$

235,942

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

155,941

 

 

 

155,561

 

 

 

155,969

 

 

 

155,196

 

Dilutive effect of nonvested shares

 

 

807

 

 

 

1,113

 

 

 

1,105

 

 

 

1,125

 

Weighted-average common shares outstanding, diluted

 

 

156,748

 

 

 

156,674

 

 

 

157,074

 

 

 

156,321

 

Anti-dilutive common shares excluded above

 

 

67

 

 

 

10

 

 

 

37

 

 

 

35

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.58

 

 

$

0.88

 

 

$

1.36

 

 

$

1.52

 

Diluted

 

$

0.58

 

 

$

0.88

 

 

$

1.35

 

 

$

1.51