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

Stockholders Equity and Stock Compensation (Tables)

9 Months Ended

Sep. 30, 2023

The following table provides a summary the Company’s stock repurchase activities:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Shares repurchased		805,486		639,295		2,061,151		1,926,781
Average cost per share	$	49.68	$	39.13	$	48.54	$	38.53
Total cost of shares repurchased (in thousands)	$	40,015	$	25,013	$	100,041	$	74,245

The Company issued the following stock-based instruments:


	Nine Months Ended September 30,
	2023				2022
	Granted		Weighted-Average Grant-Date Fair Value		Granted		Weighted-Average Grant-Date Fair Value
Restricted stock		901,140	$	45.97		1,380,650	$	38.43
Performance-based restricted stock		121,225	$	43.34		116,250	$	42.46
Market-based restricted stock		121,225	$	59.71		116,250	$	58.85

A summary of the status and changes of the Company’s unvested shares is presented below:


	Shares			Weighted-Average Grant-Date Fair Value
Unvested at December 31, 2022		3,423,902		$	40.62
Granted		1,143,590			47.15
Vested		(954,337	)		38.90
Cancelled		(37,000	)		40.63
Unvested at September 30, 2023		3,576,155		$	43.17