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

Annual report pursuant to Section 13 and 15(d)

Property, Plant And Equipment

Property, Plant And Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant And Equipment

(2)

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment at December 31, 2012 and 2011 is summarized as follows (in thousands):


	2012		2011
Land	$	59,113	$	59,113
Buildings and improvements		173,691		172,959
Furniture, fixtures and equipment		184,722		177,443
Leasehold improvements		154,828		139,051

Total property, plant and equipment		572,354		548,566
Less accumulated depreciation and amortization		209,908		172,120

Property, plant and equipment, net	$	362,446	$	376,446

The Company capitalized $4.2 million and $2.1 million of interest expense during 2011 and 2010, respectively, relating to the construction of our corporate headquarters and equipment for our domestic distribution facility, which was completed in 2011.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details