Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Earnings

v3.8.0.1
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net sales $ 1,250,078 $ 1,072,808
Cost of sales 666,974 596,310
Gross profit 583,104 476,498
Royalty income 5,522 4,230
Operating income 588,626 480,728
Operating expenses:    
Selling 84,446 73,809
General and administrative 355,381 282,496
Operating expenses 439,827 356,305
Earnings from operations 148,799 124,423
Other income (expense):    
Interest income 755 413
Interest expense (1,078) (1,490)
Other, net 3,403 696
Total other income (expense) 3,080 (381)
Earnings before income tax expense 151,879 124,042
Income tax expense 14,621 17,407
Net earnings 137,258 106,635
Less: Net earnings attributable to non-controlling interests 19,606 12,640
Net earnings attributable to Skechers U.S.A., Inc. $ 117,652 $ 93,995
Net earnings per share attributable to Skechers U.S.A., Inc.:    
Basic $ 0.75 $ 0.61
Diluted $ 0.75 $ 0.60
Weighted average shares used in calculating net earnings per share attributable to Skechers U.S.A, Inc.:    
Basic 156,433 155,097
Diluted 157,630 155,927