Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Earnings

v2.4.1.9
Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Net sales $ 2,377,561us-gaap_SalesRevenueGoodsNet $ 1,846,361us-gaap_SalesRevenueGoodsNet $ 1,560,321us-gaap_SalesRevenueGoodsNet
Cost of sales 1,305,656us-gaap_CostOfGoodsSold 1,027,569us-gaap_CostOfGoodsSold 876,995us-gaap_CostOfGoodsSold
Gross profit 1,071,905us-gaap_GrossProfit 818,792us-gaap_GrossProfit 683,326us-gaap_GrossProfit
Royalty income 9,107us-gaap_RoyaltyRevenue 7,734us-gaap_RoyaltyRevenue 7,104us-gaap_RoyaltyRevenue
Operating income 1,081,012us-gaap_OtherOperatingIncome 826,526us-gaap_OtherOperatingIncome 690,430us-gaap_OtherOperatingIncome
Operating expenses:      
Selling 181,018us-gaap_SellingAndMarketingExpense 153,491us-gaap_SellingAndMarketingExpense 134,920us-gaap_SellingAndMarketingExpense
General and administrative 690,923us-gaap_GeneralAndAdministrativeExpense 579,426us-gaap_GeneralAndAdministrativeExpense 533,191us-gaap_GeneralAndAdministrativeExpense
Operating expenses 871,941us-gaap_OperatingExpenses 732,917us-gaap_OperatingExpenses 668,111us-gaap_OperatingExpenses
Earnings from operations 209,071us-gaap_OperatingIncomeLoss 93,609us-gaap_OperatingIncomeLoss 22,319us-gaap_OperatingIncomeLoss
Other income (expense):      
Interest income 837us-gaap_InvestmentIncomeInterest 841us-gaap_InvestmentIncomeInterest 559us-gaap_InvestmentIncomeInterest
Interest expense (12,466)us-gaap_InterestExpense (11,890)us-gaap_InterestExpense (13,324)us-gaap_InterestExpense
Other, net (662)us-gaap_OtherNonoperatingIncomeExpense 447us-gaap_OtherNonoperatingIncomeExpense (216)us-gaap_OtherNonoperatingIncomeExpense
Gain (loss) on foreign currency transactions (5,400)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (792)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1,135us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Total Other income (expense) (17,691)us-gaap_NonoperatingIncomeExpense (11,394)us-gaap_NonoperatingIncomeExpense (11,846)us-gaap_NonoperatingIncomeExpense
Earnings before income tax expense 191,380us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 82,215us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 10,473us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense (benefit) 39,184us-gaap_IncomeTaxExpenseBenefit 21,347us-gaap_IncomeTaxExpenseBenefit (39)us-gaap_IncomeTaxExpenseBenefit
Net earnings 152,196us-gaap_ProfitLoss 60,868us-gaap_ProfitLoss 10,512us-gaap_ProfitLoss
Less: Net earnings attributable to noncontrolling interests 13,385us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 6,080us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 1,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net earnings attributable to Skechers U.S.A., Inc. $ 138,811us-gaap_NetIncomeLoss $ 54,788us-gaap_NetIncomeLoss $ 9,512us-gaap_NetIncomeLoss
Net earnings per share attributable to Skechers U.S.A., Inc.:      
Basic $ 2.74us-gaap_EarningsPerShareBasic $ 1.09us-gaap_EarningsPerShareBasic $ 0.19us-gaap_EarningsPerShareBasic
Diluted $ 2.72us-gaap_EarningsPerShareDiluted $ 1.08us-gaap_EarningsPerShareDiluted $ 0.19us-gaap_EarningsPerShareDiluted
Weighted average shares used in calculating earnings per share attributable to Skechers U.S.A., Inc.:      
Basic 50,613us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 50,363us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 49,495us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 51,026us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 50,563us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 49,942us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding