XML 22 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 1,399,551 $ 1,405,239 $ 1,334,951
Cost of sales 877,568 904,747 865,951
Gross profit 521,983 500,492 469,000
Commission and licensing fee income – net 11,884 16,647 13,723
Operating expenses (364,691) (342,446) (315,081)
Impairment charges   (3,045) 0
Goodwill, Impairment Loss 0 3,045 0
Income from operations 169,176 171,648 167,642
Interest income 2,488 2,191 3,074
Other Nonoperating Income (Expense) (664) (1,373) 677
Income before provision for income taxes 171,000 172,466 171,393
Provision for income taxes 49,726 58,811 58,764
Net income 121,274 113,655 112,629
Net income attributable to non-controlling interests (363) (717) (749)
Net income attributable to Steven Madden, Ltd. $ 120,911 $ 112,938 $ 111,880
Basic net income per share (in dollars per share) $ 2.12 $ 1.91 $ 1.82
Diluted net income per share (in dollars per share) $ 2.03 $ 1.85 $ 1.76
Basic weighted average common shares outstanding (in shares) 57,109 58,997 61,451
Effect of dilutive securities – options/restricted stock (in shares) 2,447 2,145 2,225
Diluted weighted average common shares outstanding (in shares) 59,556 61,142 63,676