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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 441,193 $ 408,384 $ 1,181,728 $ 1,063,143
Cost of sales 275,302 253,876 743,723 671,388
Gross profit 165,891 154,508 438,005 391,755
Commission and licensing fee income – net 4,746 5,304 10,838 10,259
Operating expenses (105,194) (96,046) (310,725) (272,478)
Income from operations 65,443 63,766 138,118 129,536
Interest and other income – net 564 747 1,956 1,117
Income before provision for income taxes 66,007 64,513 140,074 130,653
Provision for income taxes 21,181 20,810 45,703 38,212
Net income 44,826 43,703 94,371 92,441
Net income attributable to noncontrolling interest 596 (64) 1,019 278
Net income attributable to Steven Madden, Ltd. $ 44,230 $ 43,767 $ 93,352 $ 92,163
Basic net income per share (in dollars per share) $ 0.81 $ 0.77 $ 1.69 $ 1.61
Diluted net income per share (in dollars per share) $ 0.77 $ 0.74 $ 1.61 $ 1.54
Basic weighted average common shares outstanding 54,904 56,869 55,290 57,334
Effect of dilutive securities – options/restricted stock 2,847 2,460 2,604 2,438
Diluted weighted average common shares outstanding 57,751 59,329 57,894 59,772