Quarterly Results of Operations (unaudited) (Notes)

12 Months Ended

Dec. 31, 2017

Quarterly Results of Operations (unaudited)

The following is a summary of the quarterly results of operations for the years ended December 31, 2017 and 2016:



	March 31,		June 30,		September 30,		December 31,
2017:
Net sales	$	366,387	$	374,148	$	441,193	$	364,370
Cost of sales	233,669		234,751		275,303		224,634
Gross profit	132,718		139,397		165,890		139,736
Commissions, royalty and licensing fee income - net	3,927		2,166		4,745		3,421
Net income attributable to Steven Madden, Ltd.	$	20,158	$	28,964	$	44,229	$	24,597
Net income per share:
Basic	$	0.36	$	0.53	$	0.81	$	0.45
Diluted	$	0.35	$	0.50	$	0.77	$	0.43
2016:
Net sales	$	329,357	$	325,402	$	408,384	$	336,408
Cost of sales	213,155		204,357		253,876		206,180
Gross profit	116,202		121,045		154,508		130,228
Commissions, royalty and licensing fee income - net	2,171		2,826		5,358		1,529
Net income attributable to Steven Madden, Ltd.	$	23,659	$	24,737	$	43,767	$	28,748
Net income per share:
Basic	$	0.41	$	0.43	$	0.77	$	0.51
Diluted	$	0.39	$	0.41	$	0.74	$	0.49