Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 325,826 $ 351,144
Trade accounts receivable, less allowances of $16,922 in 2012 and $20,423 in 2011 213,697 176,018
Other receivables 7,491 6,636
Total receivables 221,188 182,654
Inventories 339,012 226,407
Prepaid expenses and other current assets 27,755 88,005
Deferred tax assets 26,531 39,141
Total current assets 940,312 887,351
Property, plant and equipment, at cost, less accumulated depreciation and amortization 362,446 376,446
Goodwill and other intangible assets, less accumulated amortization 3,242 4,148
Deferred tax assets 16,387 530
Other assets, at cost 17,833 13,413
Total non-current assets 399,908 394,537
TOTAL ASSETS 1,340,220 1,281,888
Current Liabilities:    
Current installments of long-term borrowings 11,668 10,059
Short-term borrowings 2,425 50,413
Accounts payable 241,525 231,000
Accrued expenses 36,923 16,994
Total current liabilities 292,541 308,466
Long-term borrowings, excluding current installments 128,517 76,531
Deferred tax liabilities 73 4,364
Total non-current liabilities 128,590 80,895
Total liabilities 421,131 389,361
Commitments and contingencies      
Stockholders' equity:    
Preferred Stock, $.001 par value; 10,000 authorized; none issued and outstanding 0 0
Additional paid-in capital 336,278 320,877
Accumulated other comprehensive loss (2,400) (894)
Retained earnings 542,041 532,529
Skechers U.S.A., Inc. equity 875,969 852,561
Noncontrolling interests 43,120 39,966
Total equity 919,089 892,527
TOTAL LIABILITIES AND EQUITY 1,340,220 1,281,888
CLASS A COMMON STOCK [Member]
    
Stockholders' equity:    
Common Stock 39 38
Total equity 39 38
CLASS B COMMON STOCK [Member]
    
Stockholders' equity:    
Common Stock 11 11
Total equity $ 11 $ 11