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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net sales $ 461,737 $ 557,344
Commission and licensing fee income 2,097 2,390
Total revenue 463,834 559,734
Cost of Goods and Services Sold 268,742 331,836
Gross profit 195,092 227,898
Operating expenses 148,581 130,002
Income from operations 46,511 97,896
Interest and other income – net 2,020 (57)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 48,531 97,953
Provision for income taxes 11,745 23,360
Net income $ 36,786 $ 74,593
Basic net income per share (in dollars per share) $ 0.49 $ 0.96
Diluted net income per share (in dollars per share) $ 0.48 $ 0.94
Basic weighted average common shares outstanding 74,498 77,251
Effect of dilutive securities – options/restricted stock 1,357 2,412
Diluted weighted average common shares outstanding 75,855 79,663
Common Stock, Dividends, Per Share, Cash Paid $ 0.21 $ 0.21
Noncontrolling Interest    
Less: net income attributable to noncontrolling interest $ 56 $ 80
Retained Earnings    
Net income attributable to Steven Madden, Ltd. $ 36,730 $ 74,513