XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
Net sales $ 664,200 $ 621,170 $ 1,771,672 $ 1,693,446
Licensing fee income 3,675 3,505 8,737 7,163
Total revenue 667,875 624,675 1,780,409 1,700,609
Cost of sales (exclusive of depreciation and amortization) 390,500 365,131 1,050,740 999,121
Gross profit 277,375 259,544 729,669 701,488
Operating expenses 246,017 178,915 687,145 507,343
Change in valuation of contingent payment liability 0 (2,584) (2,075) 5,616
Impairment of intangibles 0 8,635 0 10,335
Income from operations 31,358 74,578 44,599 178,194
Gain on derivative 0 0 9,252 0
Interest and other (expense) / income – net (4,947) 1,400 (7,913) 4,309
Income before provision for income taxes 26,411 75,978 45,938 182,503
Provision for income taxes 4,593 19,390 21,572 44,404
Net income 21,818 56,588 24,366 138,099
Less: net income attributable to noncontrolling interest 1,290 1,310 2,892 3,510
Net income attributable to Steven Madden, Ltd. $ 20,528 $ 55,278 $ 21,474 $ 134,589
Basic net income per share (in dollars per share) $ 0.29 $ 0.78 $ 0.30 $ 1.88
Diluted net income per share (in dollars per share) $ 0.29 $ 0.77 $ 0.30 $ 1.87
Basic weighted average common shares outstanding 70,906 70,806 70,850 71,516
Effect of dilutive securities – options/restricted stock 251 763 172 619
Diluted weighted average common shares outstanding 71,157 71,569 71,022 72,135
Cash dividends declared per common share $ 0.21 $ 0.21 $ 0.63 $ 0.63