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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 374,148 $ 325,402 $ 740,535 $ 654,759
Cost of sales 234,751 204,357 468,420 417,512
Gross profit 139,397 121,045 272,115 237,247
Commission and licensing fee income – net 2,166 2,784 6,092 4,955
Operating expenses (99,666) (87,939) (205,531) (176,432)
Income from operations 41,897 35,890 72,676 65,770
Interest and other income – net 708 546 1,392 370
Income before provision for income taxes 42,605 36,436 74,068 66,140
Provision for income taxes 13,582 11,594 24,523 17,402
Net income 29,023 24,842 49,545 48,738
Net income attributable to noncontrolling interest 59 105 423 342
Net income attributable to Steven Madden, Ltd. $ 28,964 $ 24,737 $ 49,122 $ 48,396
Basic net income per share (in dollars per share) $ 0.53 $ 0.43 $ 0.89 $ 0.84
Diluted net income per share (in dollars per share) $ 0.50 $ 0.41 $ 0.85 $ 0.81
Basic weighted average common shares outstanding 55,161 57,430 55,487 57,572
Effect of dilutive securities – options/restricted stock 2,589 2,309 2,482 2,426
Diluted weighted average common shares outstanding 57,750 59,739 57,969 59,998