Condensed Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended	9 Months Ended	15 Months Ended
Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012
Net sales	$ 356,883	$ 911,545	$ 688,794	$ 313,887
Cost of sales	225,668	579,983	426,114	204,434
Gross profit	131,215	331,562	262,680	109,453
Commission and licensing fee income – net	3,875	12,600	14,648	5,649
Operating expenses	(73,573)	(205,482)	(162,177)	(64,594)
Impairment charges and provision for litigation	5,144	9,454	0	0
Income from operations	56,373	129,226	115,151	50,508
Interest and other income - net	2,138	4,271	4,905	1,732
Income before provision for income taxes	58,511	133,497	120,056	52,240
Provision for income taxes	20,698	46,869	46,641	20,372
Net income	37,813	86,628	73,415	31,868
Net income (loss) attributable to noncontrolling interests	(83)	(35)	(132)	(43)
Net income attributable to Steven Madden, Ltd.	$ 37,896	$ 86,663	$ 73,547	$ 31,911
Basic net income per share (in dollars per share)	$ 0.88	$ 2.02	$ 1.74	$ 0.75
Diluted net income per share (in dollars per share)	$ 0.86	$ 1.97	$ 1.70	$ 0.74
Basic weighted average common shares outstanding (in shares)	43,131	42,936	42,180	42,430
Effect of dilutive securities – options/restricted stock (in shares)	1,106	1,085	973	977
Diluted weighted average common shares outstanding (in shares)	44,237	44,021	43,153	43,407

Income recognized during the period net of any related costs for commission fees and licensing income. Commission fees are earned by the entity when it acts as an agent in the buying of goods. Licensing fees are paid to the entity (licensor) by another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include but are not limited to, rights to use a patent, copyright, technology, manufacturing process or trademark.

No definition available.