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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net sales $ 551,382 $ 550,567
Licensing fee income 2,152 1,814
Total revenue 553,534 552,381
Cost of sales (exclusive of depreciation and amortization) 327,267 327,566
Gross profit 226,267 224,815
Operating expenses 177,263 164,719
Change in valuation of contingent payment liability (4,495) 1,650
Impairment of intangibles 0 1,700
Income from operations 53,499 56,746
Interest and other income – net 829 1,555
Income before provision for income taxes 54,328 58,301
Provision for income taxes 13,068 13,739
Net income $ 41,260 $ 44,562
Basic net income per share (in dollars per share) $ 0.57 $ 0.61
Diluted net income per share (in dollars per share) $ 0.57 $ 0.60
Basic weighted average common shares outstanding 70,773 72,292
Effect of dilutive securities – options/restricted stock 282 573
Diluted weighted average common shares outstanding 71,055 72,865
Cash dividends declared per common share $ 0.21 $ 0.21
Noncontrolling Interest    
Less: net income attributable to noncontrolling interest $ 837 $ 628
Retained Earnings    
Net income attributable to Steven Madden, Ltd. $ 40,423 $ 43,934