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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Total revenue $ 346,867 $ 502,114 $ 848,847 $ 1,367,531
Cost of Goods and Services Sold 206,990 306,277 519,618 839,849
Gross profit 139,877 195,837 329,229 527,682
Operating expenses 109,865 127,796 339,649 366,298
Impairment of intangibles (33,010) 0 (42,528) (4,050)
(Loss)/income from operations (2,998) 68,041 (52,948) 157,334
Interest and other income – net 88 961 1,491 3,415
(Loss)/income before provision for income taxes (2,910) 69,002 (51,457) 160,749
Provision/(benefit) for income taxes (Note M) 4,236 15,886 (9,366) 36,257
Net (loss)/income (7,146) 53,116 (42,091) 124,492
Less: net (loss)/income attributable to noncontrolling interest (195) 653 (1,103) 932
Net (loss)/income attributable to Steven Madden, Ltd. $ (6,951) $ 52,463 $ (40,988) $ 123,560
Basic net income per share (in dollars per share) $ (0.09) $ 0.66 $ (0.52) $ 1.55
Diluted net income per share (in dollars per share) $ (0.09) $ 0.63 $ (0.52) $ 1.48
Basic weighted average common shares outstanding 78,560 79,092 78,650 79,854
Effect of dilutive securities – options/restricted stock 0 4,014 0 3,886
Diluted weighted average common shares outstanding 78,560 83,106 78,650 83,740
Common Stock, Dividends, Per Share, Cash Paid $ 0 $ 0.14 $ 0.15 $ 0.42
Revenue from Contract with Customer, Excluding Assessed Tax $ 342,830 $ 497,308 $ 839,877 $ 1,353,222
Other Income $ 4,037 $ 4,806 $ 8,970 $ 14,309