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

Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

Earnings Per Share

12 Months Ended

Dec. 31, 2022

(9)	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:

	Year Ended December 31,
(in thousands, except per share data)	2022		2021		2020
Net earnings attributable to Skechers U.S.A., Inc.	$	373,028	$	741,503	$	98,564

Weighted-average common shares outstanding, basic		155,627		155,539		154,184
Dilutive effect of nonvested shares		981		1,255		710
Weighted-average common shares outstanding, diluted		156,608		156,794		154,894
Anti-dilutive common shares excluded above		37		5		69
Net earnings attributable to Skechers U.S.A., Inc. per common share:
Basic	$	2.40	$	4.77	$	0.64
Diluted	$	2.38	$	4.73	$	0.64