XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Total revenue $ 142,812 $ 449,629 $ 501,980 $ 865,417
Cost of Goods and Services Sold 86,924 279,629 312,628 533,572
Gross profit 55,888 170,000 189,352 331,845
Operating expenses 79,590 121,317 229,784 238,502
Impairment of intangibles 0 4,050 (9,518) (4,050)
(Loss)/income from operations (23,702) 44,633 (49,950) 89,293
Interest and other income – net 357 1,262 1,403 2,454
(Loss)/income before provision for income taxes (23,345) 45,895 (48,547) 91,747
(Benefit)/provision for income taxes (Note M) (6,201) 9,784 (13,602) 20,371
Net (loss)/income (17,144) 36,111 (34,945) 71,376
Less: net (loss)/income attributable to noncontrolling interest (558) (461) (908) 279
Net (loss)/income attributable to Steven Madden, Ltd. $ (16,586) $ 36,572 $ (34,037) $ 71,097
Basic net income per share (in dollars per share) $ (0.21) $ 0.46 $ (0.43) $ 0.89
Diluted net income per share (in dollars per share) $ (0.21) $ 0.44 $ (0.43) $ 0.85
Basic weighted average common shares outstanding 78,517 79,951 78,696 80,241
Effect of dilutive securities – options/restricted stock 0 3,918 0 3,823
Diluted weighted average common shares outstanding 78,517 83,869 78,696 84,064
Common Stock, Dividends, Per Share, Cash Paid $ 0 $ 0.14 $ 0.15 $ 0.28
Revenue from Contract with Customer, Excluding Assessed Tax $ 141,363 $ 444,974 $ 497,047 $ 855,914
Other Income $ 1,449 $ 4,655 $ 4,933 $ 9,503