Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.23.2
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Class A Common Stock [Member]
Class B Common Stock [Member]
Common Stock [Member]
Class A Common Stock [Member]
Common Stock [Member]
Class B Common Stock [Member]
Additional Paid-in-Capital [Member]
Accumulated Other Comprehensive Loss [Member]
Retained Earnings [Member]
Skechers U.S.A., Inc. Equity [Member]
Noncontrolling Interests [Member]
Beginning Balance at Dec. 31, 2021 $ 3,542,072     $ 135 $ 21 $ 429,608 $ (48,323) $ 2,877,903 $ 3,259,344 $ 282,728
Beginning Balance, Shares at Dec. 31, 2021       135,107,000 20,939,000          
Net earnings 242,326             211,627 211,627 30,699
Foreign currency translation adjustment (40,740)           (27,461)   (27,461) (13,279)
Distributions to noncontrolling interests (4,650)                 4,650
Net unrealized gain (loss) on derivative contract 7,097         753     753 6,344
Stock compensation expense 33,796         33,796     33,796  
Proceeds from the employee stock purchase plan, Shares       144,000            
Proceeds from the employee stock purchase plan 4,836         4,836     4,836  
Shares issued under the incentive award plan       $ 1   (1)        
Shares issued under the incentive award plan, Shares       1,258,000            
Shares redeemed for employee tax withholdings 17,401         17,401     17,401  
Shares redeemed for employee tax withholdings, Shares       427,000            
Repurchases of common stock $ (49,232)     $ 1   49,231     49,232  
Repurchases of common stock, Shares (1,287,486)     1,287,000            
Conversion of Class B Common Stock into Class A Common Stock, Shares       50,000 (50,000)          
Ending Balance at Jun. 30, 2022 $ 3,718,104     $ 135 $ 21 402,360 (75,784) 3,089,530 3,416,262 301,842
Ending Balance, Shares at Jun. 30, 2022       134,845,000 20,889,000          
Beginning Balance at Mar. 31, 2022 3,665,916     $ 135 $ 21 415,357 (46,822) 2,999,126 3,367,817 298,099
Beginning Balance, Shares at Mar. 31, 2022       134,829,000 20,939,000          
Net earnings 106,160             90,404 90,404 15,756
Foreign currency translation adjustment (42,229)           (28,962)   (28,962) (13,267)
Net unrealized gain (loss) on derivative contract 1,254                 1,254
Stock compensation expense 15,828         15,828     15,828  
Proceeds from the employee stock purchase plan, Shares       144,000            
Proceeds from the employee stock purchase plan 4,836         4,836     4,836  
Shares issued under the incentive award plan       $ 1   (1)        
Shares issued under the incentive award plan, Shares       692,000            
Shares redeemed for employee tax withholdings 9,429         9,429     9,429  
Shares redeemed for employee tax withholdings, Shares       234,000            
Repurchases of common stock $ (24,232)     $ 1   24,231     24,232  
Repurchases of common stock, Shares (635,712)     636,000            
Conversion of Class B Common Stock into Class A Common Stock, Shares       50,000 (50,000)          
Ending Balance at Jun. 30, 2022 $ 3,718,104     $ 135 $ 21 402,360 (75,784) 3,089,530 3,416,262 301,842
Ending Balance, Shares at Jun. 30, 2022       134,845,000 20,889,000          
Beginning Balance at Dec. 31, 2022 3,871,586     $ 134 $ 21 403,799 (84,897) 3,250,931 3,569,988 301,598
Beginning Balance, Shares at Dec. 31, 2022   134,473,000 20,810,000 134,473,000 20,810,000          
Net earnings 371,867             313,202 313,202 58,665
Foreign currency translation adjustment (9,293)           (2,810)   (2,810) (6,483)
Distributions to noncontrolling interests (750)                 750
Net unrealized gain (loss) on derivative contract (917)                 (917)
Stock compensation expense 31,968         31,968     31,968  
Proceeds from the employee stock purchase plan, Shares       148,000            
Proceeds from the employee stock purchase plan 5,402         5,402     5,402  
Shares issued under the incentive award plan       $ 1   (1)        
Shares issued under the incentive award plan, Shares       938,000            
Shares redeemed for employee tax withholdings 18,375         18,375     18,375  
Shares redeemed for employee tax withholdings, Shares       358,000            
Repurchases of common stock $ (60,026)     $ 2   60,024     60,026  
Repurchases of common stock, Shares (1,255,665)     1,256,000            
Conversion of Class B Common Stock into Class A Common Stock       $ 1 $ (1)          
Conversion of Class B Common Stock into Class A Common Stock, Shares       346,000 (346,000)          
Ending Balance at Jun. 30, 2023 $ 4,191,462     $ 134 $ 20 362,769 (87,707) 3,564,133 3,839,349 352,113
Ending Balance, Shares at Jun. 30, 2023   134,291,000 20,464,000 134,291,000 20,464,000          
Beginning Balance at Mar. 31, 2023 4,046,295     $ 134 $ 20 383,540 (80,217) 3,411,374 3,714,851 331,444
Beginning Balance, Shares at Mar. 31, 2023       134,259,000 20,474,000          
Net earnings 181,583             152,759 152,759 28,824
Foreign currency translation adjustment (16,144)           7,490   7,490 8,654
Net unrealized gain (loss) on derivative contract (499)                 (499)
Stock compensation expense 17,716         17,716     17,716  
Proceeds from the employee stock purchase plan, Shares       148,000            
Proceeds from the employee stock purchase plan 5,402         5,402     5,402  
Shares issued under the incentive award plan       $ 1   (1)        
Shares issued under the incentive award plan, Shares       713,000            
Shares redeemed for employee tax withholdings (13,877)         (13,877)     (13,877)  
Shares redeemed for employee tax withholdings, Shares       260,000            
Repurchases of common stock $ (30,012)     $ (1)   (30,011)     (30,012)  
Repurchases of common stock, Shares (579,475)     579,000            
Conversion of Class B Common Stock into Class A Common Stock, Shares       10,000 (10,000)          
Ending Balance at Jun. 30, 2023 $ 4,191,462     $ 134 $ 20 $ 362,769 $ (87,707) $ 3,564,133 $ 3,839,349 $ 352,113
Ending Balance, Shares at Jun. 30, 2023   134,291,000 20,464,000 134,291,000 20,464,000