Quarterly Results of Operations (unaudited) (Notes)

12 Months Ended

Dec. 31, 2018

Quarterly Results of Operations (unaudited) [Abstract]

Quarterly Financial Information [Text Block]

Quarterly Results of Operations (unaudited)

The following is a summary of the quarterly results of operations for the years ended December 31, 2018 and 2017:



	March 31,		June 30,		September 30,		December 31,
2018:
Net sales	$	389,014	$	395,753	$	458,482	$	410,360
Cost of sales	248,281		247,979		283,265		258,046
Gross profit	140,733		147,774		175,217		152,314
Commissions, royalty and licensing fee income/(loss) - net	3,659		2,244		4,994		(5,480		)
Net income attributable to Steven Madden, Ltd.	$	28,673	$	32,410	$	55,563	$	12,490
Net income per share:
Basic	$	0.35	$	0.40	$	0.68	$	0.15
Diluted	$	0.33	$	0.37	$	0.64	$	0.15
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	$	0.24	$	0.35	$	0.54	$	0.30
Diluted	$	0.23	$	0.33	$	0.51	$	0.28

As each quarter is calculated as a discrete period, the sum of the four quarters may not equal the calculated full year amount. This is in accordance with prescribed reporting requirements.

During the fourth quarter of 2018, the Company recorded provisions for bad debt expense and a write-off of an unamortized buying agency agreement support payment of $12,123, of which $8,507 was recorded in commissions, royalty and licensing fee income/(loss) - net and $3,616 was recorded in operating expenses, related to the bankruptcy of Payless ShoeSource. Also during the fourth quarter of 2018, the Company recorded $8,794, related to a prepaid tax adjustment related to prior years.