Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

v3.21.2
Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

(6)

EARNINGS (LOSS) PER SHARE

Basic EPS and diluted EPS are calculated by dividing net earnings (loss) by the following: for basic EPS, the weighted-average number of common shares outstanding for the period; and for diluted EPS, the sum of the weighted-average number of both outstanding common shares and potentially dilutive common shares using the treasury stock method.

The calculation of EPS is as follows: 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands, except per share data)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net earnings (loss) attributable to Skechers U.S.A., Inc.

 

$

137,369

 

 

$

(68,097

)

 

$

235,942

 

 

$

(18,996

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

155,561

 

 

 

154,138

 

 

 

155,196

 

 

 

153,849

 

Dilutive effect of nonvested shares

 

 

1,113

 

 

 

 

 

 

1,125

 

 

 

 

Weighted-average common shares outstanding, diluted

 

 

156,674

 

 

 

154,138

 

 

 

156,321

 

 

 

153,849

 

Anti-dilutive common shares excluded above

 

 

9,624

 

 

 

 

 

 

35,154

 

 

 

 

Net earnings (loss) per share attributable to Skechers U.S.A., Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.88

 

 

$

(0.44

)

 

$

1.52

 

 

$

(0.12

)

Diluted

 

$

0.88

 

 

$

(0.44

)

 

$

1.51

 

 

$

(0.12

)