Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Earnings

v3.24.0.1
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Sales $ 8,000,342 $ 7,444,550 $ 6,310,187
Cost of sales 3,847,938 3,929,193 3,185,816
Gross profit 4,152,404 3,515,357 3,124,371
Operating expenses      
Selling 676,890 583,626 499,532
General and administrative 2,690,728 2,385,061 2,026,652
Total operating expenses 3,367,618 2,968,687 2,526,184
Earnings from operations 784,786 546,670 598,187
Total other income (expense) 16,086 (24,413) (28,430)
Earnings before income taxes 800,872 522,257 569,757
Income tax expense (benefit) 150,949 93,095 (245,875)
Net earnings 649,923 429,162 815,632
Less: Net earnings attributable to noncontrolling interest 104,124 56,134 74,129
Net earnings attributable to Skechers U.S.A., Inc. $ 545,799 $ 373,028 $ 741,503
Net earnings per share attributable to Skechers U.S.A., Inc.      
Basic $ 3.53 $ 2.40 $ 4.77
Diluted $ 3.49 $ 2.38 $ 4.73
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.      
Basic 154,533 155,627 155,539
Diluted 156,256 156,608 156,794