Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.24.0.1
Earnings Per Share
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share
(9)
Earnings Per Share

Basic EPS and diluted EPS are calculated by dividing net earnings by the following: for basic EPS, the weighted-average number of common shares outstanding for the period; and for diluted EPS, the sum of the weighted-average number of both outstanding common shares and potentially dilutive common shares using the treasury stock method.

The calculation of EPS is as follows:

 

 

 

Year Ended December 31,

 

(in thousands, except per share data)

 

2023

 

 

2022

 

 

2021

 

Net earnings attributable to Skechers U.S.A., Inc.

 

$

545,799

 

 

$

373,028

 

 

$

741,503

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

154,533

 

 

 

155,627

 

 

 

155,539

 

Dilutive effect of nonvested shares

 

 

1,723

 

 

 

981

 

 

 

1,255

 

Weighted-average common shares outstanding, diluted

 

 

156,256

 

 

 

156,608

 

 

 

156,794

 

Anti-dilutive common shares excluded above

 

 

5

 

 

 

37

 

 

 

5

 

Net earnings attributable to Skechers U.S.A., Inc. per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

3.53

 

 

$

2.40

 

 

$

4.77

 

Diluted

 

$

3.49

 

 

$

2.38

 

 

$

4.73