Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.24.1.u1
Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
(6)
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:

 

 

Three Months Ended March 31,

 

(in thousands, except per share data)

 

2024

 

 

2023

 

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

 

$

206,622

 

 

$

160,443

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

152,918

 

 

 

155,140

 

Dilutive effect of nonvested shares

 

 

2,201

 

 

 

1,615

 

Weighted-average common shares outstanding, diluted

 

 

155,119

 

 

 

156,755

 

Anti-dilutive common shares excluded above

 

 

5

 

 

 

10

 

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

 

 

 

 

 

 

Basic

 

$

1.35

 

 

$

1.03

 

Diluted

 

$

1.33

 

 

$

1.02