Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.21.2
Earnings Per Share
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

(6)

EARNINGS PER SHARE

Basic EPS and diluted EPS are calculated by dividing net earnings 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 September 30,

 

 

Nine Months Ended September 30,

 

(in thousands, except per share data)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net earnings attributable to Skechers U.S.A., Inc.

 

$

103,139

 

 

$

64,278

 

 

$

339,081

 

 

$

45,283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding, basic

 

 

155,835

 

 

 

154,462

 

 

 

155,413

 

 

 

154,061

 

Dilutive effect of nonvested shares

 

 

1,288

 

 

 

518

 

 

 

1,177

 

 

 

646

 

Weighted-average common shares outstanding, diluted

 

 

157,123

 

 

 

154,980

 

 

 

156,590

 

 

 

154,707

 

Anti-dilutive common shares excluded above

 

 

 

 

 

89

 

 

 

11

 

 

 

108

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.66

 

 

$

0.42

 

 

$

2.18

 

 

$

0.29

 

Diluted

 

$

0.66

 

 

$

0.41

 

 

$

2.17

 

 

$

0.29