Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

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Earnings (Loss) Per Share
 3 Months Ended
Mar. 31, 2013
Earnings (Loss) Per Share

(4) EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share represents net earnings (loss) divided by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share, in addition to the weighted average determined for basic earnings (loss) per share, includes potential common shares, if dilutive, which would arise from the exercise of stock options and nonvested shares using the treasury stock method.

The following is a reconciliation of net earnings (loss) and weighted average common shares outstanding for purposes of calculating basic earnings (loss) per share (in thousands, except per share amounts):

 

     Three-Months Ended March 31,  

Basic earnings (loss) per share

    2013      2012  

Net earnings (loss) attributable to Skechers U.S.A., Inc.

    $ 6,680       $ (3,666 ) 

Weighted average common shares outstanding

      50,295         49,265   

Basic earnings (loss) per share attributable to Skechers U.S.A., Inc.

    $ 0.13       $ (0.07 ) 

The following is a reconciliation of net earnings (loss) and weighted average common shares outstanding for purposes of calculating diluted earnings (loss) per share (in thousands, except per share amounts):

 

     Three-Months Ended March 31,  

Diluted earnings (loss) per share

    2013      2012  

Net earnings (loss) attributable to Skechers U.S.A., Inc.

    $ 6,680       $ (3,666 ) 

Weighted average common shares outstanding

      50,295         49,265   

Dilutive effect of stock options

      197         0   
  

 

 

     

 

 

  

Weighted average common shares outstanding

      50,492         49,265   
  

 

 

     

 

 

  

Diluted earnings (loss) per share attributable to Skechers U.S.A., Inc.

    $ 0.13       $ (0.07 ) 
  

 

 

     

 

 

  

There were no options excluded in the computation of diluted earnings per share for the three months ended March 31, 2013. There were no options included in the computation of diluted earnings per share for the three months ended March 31, 2012 because their effect would have been anti-dilutive.