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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 408,384 $ 413,462 $ 1,063,143 $ 1,060,989
Cost of sales 253,876 264,691 671,388 684,694
Gross profit 154,508 148,771 391,755 376,295
Commission and licensing fee income – net 5,358 6,643 10,355 13,689
Operating expenses (96,100) (89,130) (272,574) (253,991)
Impairment charge 0 0 0 (3,045)
Income from operations 63,766 66,284 129,536 132,948
Interest and other income – net 747 (895) 1,117 273
Income before provision for income taxes 64,513 65,389 130,653 133,221
Provision for income taxes 20,810 22,298 38,212 45,428
Net income 43,703 43,091 92,441 87,793
Net (loss) income attributable to noncontrolling interest (64) 206 278 578
Net income attributable to Steven Madden, Ltd. $ 43,767 $ 42,885 $ 92,163 $ 87,215
Basic net income per share (in dollars per share) $ 0.77 $ 0.73 $ 1.61 $ 1.47
Diluted net income per share (in dollars per share) $ 0.74 $ 0.70 $ 1.54 $ 1.42
Basic weighted average common shares outstanding 56,869 58,911 57,334 59,271
Effect of dilutive securities – options/restricted stock 2,460 2,149 2,438 2,245
Diluted weighted average common shares outstanding 59,329 61,060 59,772 61,516