Annual report pursuant to Section 13 and 15(d)

Summary of Quarterly Financial Information (Tables)

v3.8.0.1
Summary of Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Unaudited Financial Data

Summarized unaudited financial data are as follows (in thousands, except per share data):

 

2017

 

MARCH 31

 

 

JUNE 30

 

 

SEPTEMBER 30

 

 

DECEMBER 31(1)

 

Net sales

 

$

1,072,808

 

 

$

1,025,934

 

 

$

1,094,829

 

 

$

970,589

 

Gross profit

 

 

476,498

 

 

 

488,321

 

 

 

519,987

 

 

 

454,083

 

Net earnings (loss)

 

 

106,635

 

 

 

73,400

 

 

 

106,830

 

 

 

(51,761

)

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

 

 

93,995

 

 

 

59,535

 

 

 

92,310

 

 

 

(66,650

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.61

 

 

 

0.38

 

 

 

0.59

 

 

 

(0.43

)

Diluted

 

 

0.60

 

 

 

0.38

 

 

 

0.59

 

 

 

(0.43

)

(1)

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.

 

2016

 

MARCH 31

 

 

JUNE 30

 

 

SEPTEMBER 30

 

 

DECEMBER 31

 

Net sales

 

$

978,794

 

 

$

877,810

 

 

$

942,417

 

 

$

764,290

 

Gross profit

 

 

432,152

 

 

 

416,254

 

 

 

429,978

 

 

 

356,212

 

Net earnings

 

 

109,639

 

 

 

84,009

 

 

 

76,542

 

 

 

15,169

 

Net earnings attributable to Skechers U.S.A., Inc.

 

 

97,612

 

 

 

74,107

 

 

 

65,110

 

 

 

6,664

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

0.63

 

 

 

0.48

 

 

 

0.42

 

 

 

0.04

 

Diluted

 

 

0.63

 

 

 

0.48

 

 

 

0.42

 

 

 

0.04