Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 736,431 $ 718,536
Trade accounts receivable, less allowances of $51,180 in 2017 and $41,647 in 2016 405,921 326,844
Other receivables 27,083 19,191
Total receivables 433,004 346,035
Inventories 873,016 700,515
Prepaid expenses and other current assets 62,573 62,680
Total current assets 2,105,024 1,827,766
Property, plant and equipment, net 541,601 494,473
Deferred tax assets 29,922 26,043
Other assets, net 58,535 45,388
Total non-current assets 630,058 565,904
TOTAL ASSETS 2,735,082 2,393,670
Current liabilities:    
Current installments of long-term borrowings 1,801 1,783
Short-term borrowings 8,011 6,086
Accounts payable 505,334 520,437
Accrued expenses 82,202 93,424
Total current liabilities 597,348 621,730
Long-term borrowings, excluding current installments 71,103 67,159
Deferred tax liabilities 161 412
Other long-term liabilities 118,259 18,855
Total non-current liabilities 189,523 86,426
Total liabilities 786,871 708,156
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital 453,417 419,038
Accumulated other comprehensive loss (14,744) (26,604)
Retained earnings 1,390,235 1,211,045
Skechers U.S.A., Inc. equity 1,829,064 1,603,633
Non-controlling interests 119,147 81,881
Total stockholders' equity 1,948,211 1,685,514
TOTAL LIABILITIES AND EQUITY 2,735,082 2,393,670
Class A Common Stock [Member]    
Stockholders’ equity:    
Common Stock 132 130
Class B Convertible Common Stock [Member]    
Stockholders’ equity:    
Common Stock $ 24 $ 24