Summary of Quarterly Financial Information |
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(19)
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SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
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Summarized unaudited financial data are as follows (in thousands, except per share data):
2017
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MARCH 31
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JUNE 30
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SEPTEMBER 30
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DECEMBER 31(1)
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Net sales
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$
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1,072,808
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$
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1,025,934
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$
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1,094,829
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$
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970,589
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Gross profit
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476,498
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488,321
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519,987
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454,083
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Net earnings (loss)
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106,635
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73,400
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106,830
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(51,761
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)
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Net earnings (loss) attributable to Skechers U.S.A., Inc.
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93,995
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59,535
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92,310
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(66,650
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)
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Net earnings (loss) per share:
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Basic
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0.61
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0.38
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0.59
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(0.43
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)
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Diluted
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0.60
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0.38
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0.59
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(0.43
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)
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(1)
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Fourth quarter 2017 net earnings (loss) includes a provisional one-time tax expense of $99.9 million recorded for our initial analysis of the impact of the Tax Act.
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2016
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MARCH 31
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JUNE 30
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SEPTEMBER 30
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DECEMBER 31
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Net sales
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$
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978,794
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$
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877,810
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$
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942,417
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$
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764,290
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Gross profit
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432,152
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416,254
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429,978
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356,212
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Net earnings
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109,639
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84,009
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76,542
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15,169
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Net earnings attributable to Skechers U.S.A., Inc.
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97,612
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74,107
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65,110
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6,664
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Net earnings per share:
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Basic
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0.63
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0.48
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0.42
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0.04
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Diluted
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0.63
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0.48
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0.42
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0.04
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