Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 510,679 $ 466,685
Trade accounts receivable, less allowances of $23,168 in 2015 and $21,007 in 2014 396,428 272,103
Other receivables 15,642 16,510
Total receivables 412,070 288,613
Inventories 500,201 453,837
Prepaid expenses and other current assets 70,865 57,015
Deferred tax assets 18,866 18,864
Total current assets 1,512,681 1,285,014
Property, plant and equipment, net 388,842 373,183
Other assets 39,131 16,721
Total non-current assets 427,973 389,904
TOTAL ASSETS 1,940,654 1,674,918
Current Liabilities:    
Current installments of long-term borrowings 30,565 101,407
Short-term borrowings 57 1,810
Accounts payable 407,612 352,815
Accrued expenses 79,881 49,705
Total current liabilities 518,115 505,737
Long-term borrowings, excluding current installments 70,147 15,081
Other long-term liabilities 26,901 19,993
Total non-current liabilities 97,048 35,074
Total liabilities $ 615,163 $ 540,811
Commitments and contingencies
Stockholders’ equity:    
Preferred Stock, $.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital $ 374,739 $ 355,536
Accumulated other comprehensive loss (27,528) (16,077)
Retained earnings 938,104 735,640
Skechers U.S.A., Inc. equity 1,285,468 1,075,249
Noncontrolling interests 40,023 58,858
Total equity 1,325,491 1,134,107
TOTAL LIABILITIES AND EQUITY 1,940,654 1,674,918
Class A Common Stock [Member]    
Stockholders’ equity:    
Common Stock 127 120
Class B Common Stock [Member]    
Stockholders’ equity:    
Common Stock $ 26 $ 30