Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Earnings

v3.7.0.1
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net sales $ 1,072,808 $ 978,794
Cost of sales 596,310 546,642
Gross profit 476,498 432,152
Royalty income 4,230 2,625
Operating income 480,728 434,777
Operating expenses:    
Selling 73,809 53,878
General and administrative 282,496 242,349
Operating expenses 356,305 296,227
Earnings from operations 124,423 138,550
Other income (expense):    
Interest income 413 266
Interest expense (1,490) (1,388)
Other, net 696 2,779
Total other income (expense) (381) 1,657
Earnings before income tax expense 124,042 140,207
Income tax expense 17,407 30,568
Net earnings 106,635 109,639
Less: Net earnings attributable to non-controlling interests 12,640 12,027
Net earnings attributable to Skechers U.S.A., Inc. $ 93,995 $ 97,612
Net earnings per share attributable to Skechers U.S.A., Inc.:    
Basic $ 0.61 $ 0.63
Diluted $ 0.60 $ 0.63
Weighted average shares used in calculating net earnings per share attributable to Skechers U.S.A, Inc.:    
Basic 155,097 153,745
Diluted 155,927 154,818