Skechers U.S.A., Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

(2) PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment at December 31, 2011 and 2010 is summarized as follows (in thousands):


	2011		2010

Land	$	59,113	$	62,589
Buildings and improvements		172,959		187,649
Furniture, fixtures and equipment		177,443		107,371
Leasehold improvements		139,051		123,500

Total property, plant and equipment		548,566		481,109
Less accumulated depreciation and amortization		172,120		187,307

Property, plant and equipment, net	$	376,446	$	293,802

The Company capitalized $4.2 million, $2.1 million and $2.2 million of interest expense during 2011, 2010 and 2009, respectively, relating to the construction of our corporate headquarters and equipment for our new distribution facility.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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