Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interest

v3.24.3
Condensed Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interest - USD ($)
$ in Thousands
Total
Class A Common Stock [Member]
Class B Common Stock [Member]
Common Stock [Member]
Class A Common Stock [Member]
Common Stock [Member]
Class B Common Stock [Member]
Additional Paid-in-Capital [Member]
Accumulated Other Comprehensive Loss [Member]
Retained Earnings [Member]
Skechers U.S.A., Inc. Equity [Member]
Noncontrolling Interests [Member]
Redeemable Noncontrolling Interests [Member]
Beginning Balance at Dec. 31, 2022 $ 3,793,217     $ 134 $ 21 $ 403,799 $ (84,897) $ 3,250,931 $ 3,569,988 $ 223,229 $ 78,369
Beginning Balance, Shares at Dec. 31, 2022       134,473,000 20,810,000            
Net earnings 533,088             458,617 458,617 74,471  
Net earnings                     4,705
Foreign currency translation adjustment (26,024)           (13,147)   (13,147) (12,877)  
Foreign currency translation adjustment                     3,430
Distributions to noncontrolling interests (17,505)                 (17,505)  
Net unrealized gain (loss) on derivative contract (1,693)                 (1,693)  
Stock compensation expense 49,947         49,947     49,947    
Proceeds from the employee stock purchase plan 5,402         5,402     5,402    
Proceeds from the employee stock purchase plan, Shares       148,000              
Shares issued under the incentive award plan       $ 1   (1)          
Shares issued under the incentive award plan, Shares       954,000              
Shares redeemed for employee tax withholdings (18,632)         (18,632)     (18,632)    
Shares redeemed for employee tax withholdings, Shares       (364,000)              
Repurchases of common stock $ (100,041)     $ (2)   (100,039)     (100,041)    
Repurchases of common stock, Shares (2,061,151)     (2,061,000)              
Conversion of Class B Common Stock into Class A Common Stock       $ 1 $ (1)            
Conversion of Class B Common Stock into Class A Common Stock, Shares       424,000 (424,000)            
Ending Balance at Sep. 30, 2023 $ 4,217,759     $ 134 $ 20 340,476 (98,044) 3,709,548 3,952,134 265,625 86,504
Ending Balance, Shares at Sep. 30, 2023       133,574,000 20,386,000            
Beginning Balance at Jun. 30, 2023 4,105,626     $ 134 $ 20 362,769 (87,707) 3,564,133 3,839,349 266,277 85,836
Beginning Balance, Shares at Jun. 30, 2023       134,291,000 20,464,000            
Net earnings 164,718             145,415 145,415 19,303  
Net earnings                     1,208
Foreign currency translation adjustment (12,761)           (10,337)   (10,337) (2,424)  
Foreign currency translation adjustment                     (540)
Distributions to noncontrolling interests (16,755)                 (16,755)  
Net unrealized gain (loss) on derivative contract (776)                 (776)  
Stock compensation expense 17,979         17,979     17,979    
Shares issued under the incentive award plan, Shares       16,000              
Shares redeemed for employee tax withholdings (257)         (257)     (257)    
Shares redeemed for employee tax withholdings, Shares       (6,000)              
Repurchases of common stock $ (40,015)         (40,015)     (40,015)    
Repurchases of common stock, Shares (805,486)     (805,000)              
Conversion of Class B Common Stock into Class A Common Stock, Shares       78,000 (78,000)            
Ending Balance at Sep. 30, 2023 $ 4,217,759     $ 134 $ 20 340,476 (98,044) 3,709,548 3,952,134 265,625 86,504
Ending Balance, Shares at Sep. 30, 2023       133,574,000 20,386,000            
Beginning Balance at Dec. 31, 2023 4,310,210     $ 133 $ 20 295,847 (73,388) 3,796,730 4,019,342 290,868 89,832
Beginning Balance, Shares at Dec. 31, 2023   132,837,000 20,182,000 132,837,000 20,182,000            
Net earnings 605,952             540,145 540,145 65,807  
Net earnings                     8,259
Foreign currency translation adjustment (16,568)           (14,978)   (14,978) (1,590)  
Foreign currency translation adjustment                     (6,112)
Contribution from noncontrolling interests 150,000                 150,000  
Distributions to noncontrolling interests (39,887)                 (39,887)  
Net unrealized gain (loss) on derivative contract (3,673)                 (3,673)  
Stock compensation expense 65,190         65,190     65,190    
Proceeds from the employee stock purchase plan 6,823         6,823     6,823    
Proceeds from the employee stock purchase plan, Shares       137,000              
Shares issued under the incentive award plan 1,611     $ 2   1,609     1,611    
Shares issued under the incentive award plan, Shares       1,861,000              
Shares redeemed for employee tax withholdings (49,058)     $ (1)   (49,057)     (49,058)    
Shares redeemed for employee tax withholdings, Shares       (793,000)              
Repurchases of common stock $ (210,065)     $ (3)   (210,062)     (210,065)    
Repurchases of common stock, Shares (3,252,321)     (3,252,000)              
Conversion of Class B Common Stock into Class A Common Stock       $ 1 $ (1)            
Conversion of Class B Common Stock into Class A Common Stock, Shares       803,000 (803,000)            
Ending Balance at Sep. 30, 2024 $ 4,820,535     $ 132 $ 19 110,350 (88,366) 4,336,875 4,359,010 461,525 91,979
Ending Balance, Shares at Sep. 30, 2024   131,593,000 19,379,000 131,593,000 19,379,000            
Beginning Balance at Jun. 30, 2024 4,513,572     $ 132 $ 20 178,148 (100,670) 4,143,654 4,221,284 292,288 93,576
Beginning Balance, Shares at Jun. 30, 2024       132,231,000 20,079,000            
Net earnings 207,500             193,221 193,221 14,279  
Net earnings                     1,809
Foreign currency translation adjustment 19,922           12,304   12,304 7,618  
Foreign currency translation adjustment                     (3,406)
Contribution from noncontrolling interests 150,000                 150,000  
Distributions to noncontrolling interests (850)                 (850)  
Net unrealized gain (loss) on derivative contract (1,810)                 (1,810)  
Stock compensation expense 21,026         21,026     21,026    
Shares issued under the incentive award plan 1,611         1,611     1,611    
Shares issued under the incentive award plan, Shares       48,000              
Shares redeemed for employee tax withholdings (409)         (409)     (409)    
Shares redeemed for employee tax withholdings, Shares       (7,000)              
Repurchases of common stock $ (90,027)     $ (1)   (90,026)     (90,027)    
Repurchases of common stock, Shares (1,379,206)     (1,379,000)              
Conversion of Class B Common Stock into Class A Common Stock       $ 1 $ (1)            
Conversion of Class B Common Stock into Class A Common Stock, Shares       700,000 (700,000)            
Ending Balance at Sep. 30, 2024 $ 4,820,535     $ 132 $ 19 $ 110,350 $ (88,366) $ 4,336,875 $ 4,359,010 $ 461,525 $ 91,979
Ending Balance, Shares at Sep. 30, 2024   131,593,000 19,379,000 131,593,000 19,379,000