Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Earnings

v3.25.0.1
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Sales $ 8,969,351 $ 8,000,342 $ 7,444,550
Cost of sales 4,201,912 3,847,938 3,929,193
Gross profit 4,767,439 4,152,404 3,515,357
Operating expenses      
Selling 800,634 676,890 583,626
General and administrative 3,062,548 2,690,728 2,385,061
Total operating expenses 3,863,182 3,367,618 2,968,687
Earnings from operations 904,257 784,786 546,670
Other (expense) income (26,508) 16,086 (24,413)
Earnings before income taxes 877,749 800,872 522,257
Income tax expense 148,136 150,949 93,095
Net earnings 729,613 649,923 429,162
Less: Net earnings attributable to noncontrolling interests and redeemable noncontrolling interest (Note 1) 90,142 104,124 56,134
Net earnings attributable to Skechers U.S.A., Inc. $ 639,471 $ 545,799 $ 373,028
Net earnings per share attributable to Skechers U.S.A., Inc.      
Basic $ 4.21 $ 3.53 $ 2.40
Diluted $ 4.16 $ 3.49 $ 2.38
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.      
Basic 151,838 154,533 155,627
Diluted 153,843 156,256 156,608