SKECHERS USA INC SKX Income Statement

Skechers usa inc (SKX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Sales
1,242,345	1,330,732	1,353,998	1,258,565	1,276,756	1,080,798	1,176,395	1,134,797	1,250,078	970,589	1,094,829	1,025,934	1,072,808	764,290	942,417	877,810	978,794	722,683	856,179	800,464	767,997	569,722	674,270	587,051	546,518	450,737	515,756	428,247	451,621	395,617	429,429	384,001	351,274	283,248	412,183	434,351	476,234	454,619	554,626	504,859	492,764
Cost of sales
694,677	692,983	700,934	648,730	686,247	565,120	612,529	573,840	666,974	516,506	574,842	537,613	596,310	408,078	512,439	461,556	546,642	392,829	469,173	425,856	435,457	312,093	369,772	317,676	306,115	250,092	285,235	233,353	258,889	227,153	241,605	212,659	195,578	170,635	236,988	291,021	283,624	270,427	301,975	267,214	255,346
Gross profit
547,668	637,749	653,064	609,835	590,509	515,678	563,866	560,957	583,104	454,083	519,987	488,321	476,498	356,212	429,978	416,254	432,152	329,854	387,006	374,608	332,540	257,629	304,498	269,375	240,403	200,645	230,521	194,894	192,732	168,464	187,824	171,342	155,696	112,613	175,195	143,330	192,610	184,192	252,651	237,645	237,418
Royalty income
5,248	4,666	6,285	6,341	5,201	4,850	4,860	5,350	5,522	6,298	2,917	3,221	4,230	4,983	2,970	3,307	2,625	3,921	2,312	3,630	1,882	2,179	2,070	1,836	3,022	2,891	1,649	1,424	1,770	2,601	1,758	1,609	1,136	3,128	1,406	1,376	1,648	1,420	1,888	875	385
Operating income
552,916	642,415	659,349	616,176	595,710	520,528	568,726	566,307	588,626	460,381	522,904	491,542	480,728	361,195	432,948	419,561	434,777	333,775	389,318	378,238	334,422	259,808	306,568	271,211	243,425	203,536	232,170	196,318	194,502	171,065	189,582	172,951	156,832	115,741	176,601	144,706	194,258	185,612	254,539	238,520	237,803
Operating expenses:
Selling
74,055	88,664	97,516	113,507	70,214	61,829	90,138	114,022	84,446	63,883	89,559	99,950	73,809	59,503	67,782	75,966	53,878	57,934	63,685	64,875	49,092	40,198	50,239	53,839	36,742	33,496	40,211	42,088	37,696	31,086	34,385	39,100	30,349	23,398	37,943	53,099	37,560	40,476	59,516	52,437	34,309
General and administrative
434,051	459,669	414,417	391,588	359,632	375,003	354,676	370,927	355,381	340,843	316,852	305,283	282,496	273,430	261,815	243,240	242,349	221,133	230,048	201,021	197,141	186,598	182,186	163,616	158,523	152,976	147,916	137,066	141,468	132,019	134,913	135,382	130,877	151,497	136,459	139,781	141,427	143,755	139,455	127,299	122,487
Operating expenses
508,106	548,333	511,933	505,095	429,846	436,832	444,814	484,949	439,827	404,726	406,411	405,233	356,305	332,933	329,597	319,206	296,227	279,067	293,733	265,896	246,233	226,796	232,425	217,455	195,265	186,472	188,127	179,154	179,164	163,105	169,298	174,482	161,226	218,830	174,402	192,880	178,987	185,403	198,971	179,736	156,796
Earnings from operations
44,810	94,082	147,416	111,081	165,864	83,696	123,912	81,358	148,799	55,655	116,493	86,309	124,423	28,262	103,351	100,355	138,550	54,708	95,585	112,342	88,189	33,012	74,143	53,756	48,160	17,064	44,043	17,164	15,338	7,960	20,284	-1,531	-4,394	-103,089	2,199	-48,174	15,271	209	55,568	58,784	81,007
Other income / (expense):
Interest income
2,307	2,283	3,290	3,067	3,142	3,847	3,008	2,518	755	846	780	381	413	253	348	319	266	230	149	157	186	350	187	197	103	304	329	137	71	69	124	121	245	291	217	756	587	451	487	436	1,428
Interest expense
1,999	2,315	2,012	1,905	1,277	2,106	1,199	1,464	1,078	1,782	1,560	1,845	1,490	1,725	1,296	1,861	1,388	2,199	2,652	3,041	2,836	3,443	2,671	3,656	2,696	3,000	3,142	3,128	2,620	3,519	3,462	3,377	2,966	2,333	1,203	2,352	1,965	2,186	3	118	715
Other, net
3,471	1,916	-4,194	553	-4,986	-3,243	-2,849	-7,473	3,403	130	2,147	2,664	696	-4,640	-1,485	-2,604	2,779	-2,141	-3,409	2,990	-4,761	-1,230	-3,898	148	-1,082	2,111	1,162	-695	-2,923	989	-1,621	556	-140	-	490	-1,128	-207	-	-3,143	1,611	209
Total other income / (expense)
3,779	1,884	-2,916	1,715	-3,121	-1,502	-1,040	-6,419	3,080	-806	1,367	1,200	-381	-6,112	-2,433	-4,146	1,657	-4,110	-5,912	106	-7,411	-4,323	-6,382	-3,311	-3,675	-585	-1,651	-3,686	-5,472	-1,326	-4,959	-2,700	-2,861	7,551	-496	-2,724	-1,585	843	-2,659	1,929	922
Earnings before income tax expense
48,589	95,961	144,500	112,796	162,743	82,194	122,872	74,939	151,879	54,849	117,860	87,509	124,042	22,150	100,918	96,209	140,207	50,598	89,673	112,448	80,778	28,689	67,761	50,445	44,485	16,479	42,392	13,478	9,866	6,634	15,325	-4,231	-7,255	-95,538	1,703	-50,898	13,686	1,052	52,909	60,713	81,929
Income tax expense
7,429	13,465	22,766	20,798	31,724	15,089	16,821	14,080	14,621	106,610	11,030	14,109	17,407	6,981	24,376	12,200	30,568	12,108	15,839	25,383	19,120	2,833	12,682	12,232	11,437	378	14,059	4,632	2,278	2,968	3,725	-2,887	-3,845	-37,501	-6,653	-20,846	1,533	-2,334	16,330	20,396	25,806
Net earnings
41,160	82,501	121,734	91,998	131,019	67,105	106,051	60,859	137,258	-51,761	106,830	73,400	106,635	15,169	76,542	84,009	109,639	38,490	73,834	87,065	61,658	25,856	55,079	38,213	33,048	16,101	28,333	8,846	7,588	3,666	11,600	-1,344	-3,410	-58,037	8,356	-30,052	12,153	3,386	36,579	40,317	56,123
Net earnings / (loss) attributable to non-controlling interests
-7,941	22,969	18,644	16,818	22,261	19,728	15,323	15,575	19,606	14,889	14,520	13,865	12,640	8,505	11,432	9,902	12,027	9,042	7,232	7,283	5,578	3,935	3,956	3,411	2,083	1,936	1,484	1,752	908	-290	596	438	256	-376	71	-136	345	149	201	80	-173
Net earnings attributable to Skechers U.S.A., Inc.
49,101	59,532	103,090	75,180	108,758	47,377	90,728	45,284	117,652	-66,650	92,310	59,535	93,995	6,664	65,110	74,107	97,612	29,448	66,602	79,782	56,080	21,921	51,123	34,802	30,965	14,165	26,849	7,094	6,680	3,956	11,004	-1,782	-3,666	-57,661	8,285	-29,916	11,808	3,237	36,378	40,237	56,296
Net earnings per share attributable to Skechers U.S.A., Inc.:
Basic
0.32	0.39	0.67	0.49	0.71	0.31	0.58	0.29	0.75	-0.43	0.59	0.38	0.61	0.05	0.42	0.48	0.63	0.19	0.44	0.52	0.37	-0.73	0.34	0.69	0.61	-0.44	0.53	0.14	0.13	0.08	0.22	-0.04	-0.07	-1.18	0.17	-0.62	0.24	0.06	0.76	0.85	1.20
Diluted
0.32	0.38	0.67	0.49	0.71	0.30	0.58	0.29	0.75	-0.43	0.59	0.38	0.60	0.04	0.42	0.48	0.63	0.18	0.43	0.52	0.37	-0.71	0.33	0.68	0.61	-0.44	0.53	0.14	0.13	0.08	0.22	-0.04	-0.07	-1.18	0.17	-0.62	0.24	0.07	0.74	0.82	1.15
Weighted average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.:
Basic
153,555	153,377	153,298	153,413	153,480	154,543	155,766	156,518	156,433	156,104	155,824	155,579	155,097	154,671	154,211	154,049	153,745	153,368	152,895	152,712	152,413	354,351	151,882	50,565	50,558	453,374	50,393	50,298	50,295	49,976	49,443	49,296	49,265	48,935	48,445	48,341	48,243	47,943	47,586	47,422	46,781
Diluted
154,652	154,580	153,978	153,912	154,134	154,781	156,298	157,091	157,630	157,250	156,741	156,174	155,927	155,292	155,203	155,023	154,818	154,866	154,477	154,027	153,430	357,604	152,954	50,914	50,844	455,167	50,604	50,497	50,492	51,284	49,923	49,296	49,265	46,944	49,399	48,341	49,280	49,152	49,176	49,130	48,742
Net (loss) earnings
49,101	59,532	103,090	75,180	108,758	47,377	90,728	45,284	117,652	-66,650	92,310	59,535	93,995	-	65,110	74,107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,378	40,237	56,296
Gain (loss) on foreign currency translation adjustment, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,372	-6,147	-4,268
Total comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,750	34,090	52,028