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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net sales $ 550,567 $ 461,737
Licensing fee income 1,814 2,097
Total revenue 552,381 463,834
Cost of Goods and Services Sold 327,566 268,742
Gross profit 224,815 195,092
Operating expenses 166,369 148,581
Impairment of intangible 1,700 0
Income from operations 56,746 46,511
Interest and other income – net 1,555 2,020
Income before provision for income taxes 58,301 48,531
Provision for income taxes 13,739 11,745
Net income $ 44,562 $ 36,786
Basic net income per share (in dollars per share) $ 0.61 $ 0.49
Diluted net income per share (in dollars per share) $ 0.60 $ 0.48
Basic weighted average common shares outstanding 72,292 74,498
Effect of dilutive securities – options/restricted stock 573 1,357
Diluted weighted average common shares outstanding 72,865 75,855
Common Stock, Dividends, Per Share, Cash Paid $ 0.21 $ 0.21
Noncontrolling Interest    
Less: net income attributable to noncontrolling interest $ 628 $ 56
Retained Earnings    
Net income attributable to Steven Madden, Ltd. $ 43,934 $ 36,730