SKECHERS USA INC SKX Income Statement

Skechers usa inc (SKX)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Sales
5,220	4,642	4,164	3,563	3,147	2,377	1,846	1,560	1,606	2,006	1,436
Cost of sales
2,728	2,418	2,225	1,928	1,723	1,305	1,027	876	982	1,094	815
Gross profit
2,491	2,223	1,938	1,634	1,424	1,071	818	683	623	911	621
Royalty income
22	20	16	13	11	9	7	7	7	4	1
Operating income
2,513	2,244	1,955	1,648	1,435	1,081	826	690	631	916	622
Operating expenses:
Selling
369	350	327	257	235	181	153	134	152	186	128
General and administrative
1,625	1,455	1,245	1,020	849	690	579	533	569	532	421
Legal settlements
-	-	-	-	-	-	-	-	-43	-1	2
Operating expenses
1,995	1,806	1,572	1,277	1,084	871	732	668	765	720	552
Earnings from operations
518	437	382	370	350	209	93	22	-133	195	70
Other income / (expense):
Interest income
11	10	2	1	0	0	0	0	1	2	2
Interest expense
7	5	6	6	10	12	11	13	7	3	3
Other, net
-6	-10	5	-5	-7	-6	-0	-0	-	-	-
Gain (loss) on disposal of assets
-	-	-	-	-	-	-	-	9	0	0
Gain (loss) on foreign currency transactions
-	-	-	-	-	-	-	1	-0	1	1
Total other income / (expense)
-2	-5	1	-11	-17	-17	-11	-11	2	1	0
Earnings before income tax expense
516	431	384	359	333	191	82	10	-131	196	71
Income tax expense
88	60	149	74	72	39	21	-0	-63	60	20
Net earnings
427	371	235	285	261	152	60	10	-67	136	50
Net earnings / (loss) attributable to non-controlling interests
80	70	55	41	29	13	6	1	-0	0	-3
Net earnings attributable to Skechers U.S.A., Inc.
346	301	179	243	231	138	54	9	-67	136	54
Net earnings per share attributable to Skechers U.S.A., Inc.:
Basic
2.26	1.93	1.15	1.58	1.52	0.91	0.36	0.19	-1.39	2.87	1.18
Diluted
2.25	1.92	1.14	1.57	1.50	0.91	0.36	0.19	-1.39	2.78	1.16
Weighted average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.:
Basic
153	155	155	154	152	151	151	49	48	47	46
Diluted
154	156	156	155	154	153	151	49	48	49	47
Net (loss) earnings
346	301	179	243	231	-	-	-	-	-	-