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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Current assets:      
Cash and cash equivalents $ 170,347 $ 219,499 $ 233,202
Short-term Investments 9,897 44,037 39,788
Factor accounts receivable 11,903 12,273 9,730
Accounts receivable, net of allowances of $11,903, $12,273 and $9,730 39,418 26,546 34,722
Other Receivables 390,163 364,982 285,162
Inventories 233,380 255,213 106,561
Prepaid expenses and other current assets 21,225 20,845 16,667
Income tax receivable and prepaid income taxes 3,673 13,538 18,429
Total current assets 868,103 944,660 734,531
Note receivable – related party 696 794 1,081
Property and equipment, net 36,436 35,790 40,458
Operating lease right-of-use asset 83,994 85,449 99,510
Deposits and other 4,304 4,180 5,216
Deferred taxes 6,254 4,581 5,414
Goodwill – net 168,409 167,995 167,979
Intangibles – net 110,330 112,093 114,754
Assets, Total 1,278,526 1,355,542 1,168,943
Current liabilities:      
Accounts payable 121,428 136,766 99,007
Accrued expenses 162,232 243,163 120,253
Operating leases – current portion 31,615 30,759 33,359
Income taxes payable 23,195 4,522 0
Contingent payment liability – current portion 2,050 5,109 113
Accrued incentive compensation 4,740 14,871 3,761
Total current liabilities 345,260 435,190 256,493
Contingent payment liability – long term portion 0 6,960 564
Operating leases – long-term portion 75,553 80,072 96,246
Deferred tax liabilities 3,378 3,378 2,767
Other liabilities 10,928 9,404 12,105
Liabilities 435,119 535,004 368,175
Common stock – $0.0001 par value, 245,000 shares authorized,134,361, 134,029 and 133,477 shares issued, 79,869, 80,557 and 82,692 shares outstanding $ 8 $ 8 $ 8
Common stock, shares authorized 245,000,000    
Common stock, shares issued 134,361,000 134,029,000 133,477,000
Common Stock, Shares, Outstanding 79,869,000 80,557,000 82,692,000
Additional paid-in capital $ 502,254 $ 495,999 $ 485,556
Retained earnings 1,478,806 1,421,067 1,288,322
Accumulated other comprehensive loss (28,022) (29,544) (28,529)
Treasury stock – 54,492, 53,472 and 50,785 shares at cost $ (1,117,831) $ (1,075,432) $ (957,829)
Treasury Stock, Shares 54,492,000 53,472,000 50,785,000
Total Steven Madden, Ltd. stockholders’ equity $ 835,215 $ 812,098 $ 787,528
Noncontrolling interest 8,192 8,440 13,240
Total stockholders’ equity 843,407 820,538 800,768
Total Liabilities and Stockholders’ Equity $ 1,278,526 1,355,542 1,168,943
Preferred Class A [Member]      
Current liabilities:      
Preferred stock-par value $ 0.0001    
Preferred stock- shares authorized 5,000,000    
Preferred stock-issued 0    
Preferred Class B [Member]      
Current liabilities:      
Preferred stock-par value $ 0.0001    
Preferred stock- shares authorized 60,000    
Preferred stock-issued 0    
Preferred Stock [Member]      
Current liabilities:      
Preferred stock – $0.0001 par value, 5,000 shares authorized; none issued; Series A Junior Participating preferred stock – $0.0001 par value, 60 shares authorized; none issued $ 0 $ 0 $ 0