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

Annual report pursuant to Section 13 and 15(d)

Summary of Quarterly Financial Information (Unaudited)

Summary of Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2011

Summary of Quarterly Financial Information (Unaudited) [Abstract]

SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

(15) SUMMARY OF QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized unaudited financial data are as follows (in thousands):


2011	MARCH 31		JUNE 30		SEPTEMBER 30	DECEMBER 31

Net sales	$	476,234	$	434,351	$ 412,183	$ 283,248
Gross profit		192,610		143,330	175,195	112,613
Net earnings (loss) *		11,808		(29,916)	8,285	(57,661)

Net earnings (loss) per share:

Basic	$	0.24	$	(0.62)	$ 0.17	$ (1.18)
Diluted		0.24		(0.62)	0.17	(1.18)


2010	MARCH 31		JUNE 30		SEPTEMBER 30	DECEMBER 31

Net sales	$	492,764	$	504,859	$ 554,626	$ 454,619
Gross profit		237,418		237,645	252,651	184,192
Net earnings		56,296		40,237	36,378	3,237

Net earnings per share:

Basic	$	1.20	$	0.85	$ 0.76	$ 0.07
Diluted		1.15		0.82	0.74	0.07

* Included in the quarter ended December 31, 2011 is an impairment of property, plant and equipment of $1.5 million and an impairment of intangible assets of $1.6 million (see note 1).

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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