Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Earnings

v3.4.0.3
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Net sales $ 978,794 $ 767,997
Cost of sales 546,642 435,457
Gross profit 432,152 332,540
Royalty income 2,625 1,882
Operating income 434,777 334,422
Operating expenses:    
Selling 53,878 49,092
General and administrative 242,349 197,141
Operating expenses 296,227 246,233
Earnings from operations 138,550 88,189
Other income (expense):    
Interest income 266 186
Interest expense (1,388) (2,836)
Other, net 2,779 (4,761)
Total other income (expense) 1,657 (7,411)
Earnings before income tax expense 140,207 80,778
Income tax expense 30,568 19,120
Net earnings 109,639 61,658
Less: Net earnings attributable to non-controlling interests 12,027 5,578
Net earnings attributable to Skechers U.S.A., Inc. $ 97,612 $ 56,080
Net earnings per share attributable to Skechers U.S.A., Inc.:    
Basic $ 0.63 $ 0.37
Diluted $ 0.63 $ 0.37
Weighted average shares used in calculating net earnings per share attributable to Skechers U.S.A, Inc.:    
Basic 153,745 152,413
Diluted 154,818 153,430