Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

v2.4.0.6
EARNINGS (LOSS) PER SHARE
 9 Months Ended
Sep. 30, 2012
EARNINGS (LOSS) PER SHARE

(5) EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share represents net earnings (loss) divided by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share, in addition to the weighted average determined for basic loss per share, includes potential common shares, if dilutive, that would arise from the exercise of stock options and nonvested shares using the treasury stock method.

The following is a reconciliation of net earnings (loss) and weighted average common shares outstanding for purposes of calculating basic earnings (loss) per share (in thousands, except per share amounts):

 

     Three-Months Ended September 30,      Nine-Months Ended September 30,  

Basic earnings (loss) per share

    2012      2011      2012      2011  

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

    $ 11,004       $ 8,285       $ 5,556       $ (9,823 ) 

Weighted average common shares outstanding

      49,443         48,445         49,335         48,344   

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

    $ 0.22       $ 0.17       $ 0.11       $ (0.20 ) 

 

The following is a reconciliation of net earnings (loss) and weighted average common shares outstanding for purposes of calculating diluted earnings (loss) per share (in thousands, except per share amounts):

 

     Three-Months Ended September 30,      Nine-Months Ended September 30,  

Diluted earnings (loss) per share

    2012      2011      2012      2011  

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

    $ 11,004       $ 8,285       $ 5,556       $ (9,823 ) 

Weighted average common shares outstanding

      49,443         48,445         49,335         48,344   

Dilutive effect of stock options

      480         954         499         0   
  

 

 

     

 

 

     

 

 

     

 

 

  

Weighted average common shares outstanding

      49,923         49,399         49,834         48,344   
  

 

 

     

 

 

     

 

 

     

 

 

  

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

    $ 0.22       $ 0.17       $ 0.11       $ (0.20 ) 
  

 

 

     

 

 

     

 

 

     

 

 

  

There were no options excluded from the computation of diluted earnings per share for the three and nine months ended September 30, 2012, and the three months ended September 30, 2011. Options to purchase 25,816 shares of Class A common stock were not included in the computation of diluted loss per share for the nine months ended September 30, 2011, because their effect would have been anti-dilutive.