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Summary of Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Summary of Financial Data

The operating results for any quarter are not necessarily indicative of results for any future period. Summarized financial data are as follows:

 

Year Ended December 31, 2020

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

(in thousands, except per share data)

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

Sales

 

$

1,242,345

 

 

$

729,472

 

 

$

1,300,886

 

 

$

1,324,711

 

Gross profit

 

 

547,668

 

 

 

368,566

 

 

 

625,121

 

 

 

648,426

 

Net earnings (loss)

 

 

41,160

 

 

 

(55,217

)

 

 

82,110

 

 

 

78,172

 

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

 

 

49,101

 

 

 

(68,097

)

 

 

64,278

 

 

 

53,282

 

Net earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.32

 

 

$

(0.44

)

 

$

0.42

 

 

$

0.34

 

Diluted

 

$

0.32

 

 

$

(0.44

)

 

$

0.41

 

 

$

0.34

 

 

 

Year Ended December 31, 2019

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

(in thousands, except per share data)

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

Sales

 

$

1,276,756

 

 

$

1,258,565

 

 

$

1,353,998

 

 

$

1,330,732

 

Gross profit

 

 

590,509

 

 

 

609,835

 

 

 

653,064

 

 

 

637,748

 

Net earnings

 

 

131,019

 

 

 

91,998

 

 

 

121,734

 

 

 

82,501

 

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

 

 

108,758

 

 

 

75,180

 

 

 

103,090

 

 

 

59,532

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.71

 

 

$

0.49

 

 

$

0.67

 

 

$

0.39

 

Diluted

 

$

0.71

 

 

$

0.49

 

 

$

0.67

 

 

$

0.39