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, 2023

(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)	2023		2022
Net earnings attributable to Skechers U.S.A., Inc.	$	160,443	$	121,223

Weighted-average common shares outstanding, basic		155,140		155,996
Dilutive effect of nonvested shares		1,615		1,452
Weighted-average common shares outstanding, diluted		156,755		157,448
Anti-dilutive common shares excluded above		10		27
Net earnings per share attributable to Skechers U.S.A., Inc.
Basic	$	1.03	$	0.78
Diluted	$	1.02	$	0.77