| Address:
|
228 MANHATTAN BEACH BLVD
|
| City: |
MANHATTAN BEACH |
|
State: |
CA |
|
Zip Code: |
90266 |
| Telephone: |
310-318-3100 |
|
Description of Business
|
Primary SIC Code:
3140 |
| (As filed with the SEC)
|
|
|
We were incorporated in California in 1992 and reincorporated in Delaware in
1999. Throughout this annual report, we refer to Skechers U.S.A., Inc., a
Delaware corporation, and its consolidated subsidiaries as "we," "us," "our,"
"our company" and "Skechers" unless otherwise indicated. Our Internet website
address is www.skechers.com. Our annual report on Form 10-K, quarterly reports
on Form 10-Q, current reports on Form 8-K, Form 3's, 4's and 5's filed on behalf
of directors, officers and 10% stockholders, and any amendments to those reports
filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934 are available free of charge on our website as soon as reasonably
practicable after we electronically file such material with, or furnish it to,
the U.S. Securities and Exchange Commission ("SEC"). You can learn more about us
by reviewing such filings on our website or at the SEC's website at www.sec.gov. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -0.13 | NA | N/E | | 06/2011 | 0.43 | NA | 33.67 | | 03/2011 | 1.87 | NA | 10.98 | | 12/2010 | 2.78 | NA | 7.19 | | 09/2010 | 3.30 | NA | 7.12 | | 06/2010 | 3.08 | NA | 11.86 | | 03/2010 | 2.13 | NA | 17.05 | | 12/2009 | 1.16 | NA | 25.35 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.45 | Total Liab/Total Assets | 0.30 | | Net Inc/Total Assets | 0.10 | Total Liab/Inv Cap | 0.41 | | Net Inc/Inv Cap | 0.14 | Total Liab/Comm Equity | 1.30 | | Pretax Inc/Net Sales | 0.10 | Interest Coverage Ratio | 66.06 | | Net Inc/Net Sales | 0.07 | Curr Debt/Equity | 0.03 | | Cash Flow/Net Sales | -0.02 | LTD/Equity | 0.06 | | SG&A/NetSales | 0.36 | Total Debt/Equity | 0.09 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.59 | Quick Ratio | 1.87 | | Inventory Turnover | 3.52 | Current Ratio | 3.17 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.30 | | Net Sales/Work Cap | 3.01 | Inv/Curr Assets | 0.41 | | Net Sales/PP&E | 6.83 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
412.18
|
434.35
|
476.23
|
454.62
|
|
Cost of Goods Sold
|
236.99
|
291.02
|
283.62
|
270.43
|
|
Selling & Admin Exps
|
174.31
|
193.06
|
179.54
|
184.23
|
|
Operating Income
|
-2.14
|
-48.36
|
14.72
|
4.53
|
|
Interest Exp
|
1.20
|
2.35
|
1.97
|
2.19
|
|
Pretax Income
|
1.70
|
-50.90
|
13.69
|
1.05
|
|
Other Income
|
2.02
|
1.19
|
2.58
|
3.28
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
8.29
|
-29.92
|
11.81
|
3.24
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
247.97
|
250.78
|
197.90
|
233.56
|
|
Receivables - Total
|
263.83
|
298.05
|
342.32
|
287.43
|
|
Inventories - Total
|
238.36
|
325.82
|
376.19
|
398.59
|
|
Total Current Assets
|
828.34
|
944.72
|
965.06
|
973.36
|
|
Net Property, Plant & Equipment
|
382.42
|
367.15
|
329.70
|
293.80
|
|
Total Assets
|
1,248.31
|
1,348.46
|
1,332.07
|
1,304.79
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
166.69
|
264.44
|
274.66
|
276.98
|
|
Debt in Current Liabilities
|
59.34
|
55.99
|
39.52
|
30.33
|
|
Total Current Liabilities
|
226.03
|
320.43
|
314.18
|
307.31
|
|
Long-Term Debt
|
78.97
|
81.08
|
50.40
|
51.65
|
|
Total Liabilities
|
343.35
|
439.92
|
402.94
|
396.59
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
38.27
|
38.34
|
38.36
|
37.63
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.05
|
0.05
|
0.05
|
0.05
|
|
Retained Earnings
|
590.19
|
581.91
|
611.82
|
600.01
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
904.96
|
908.54
|
929.13
|
908.20
|
|
Total Liabilities and Stockholders' Equity
|
1,248.31
|
1,348.46
|
1,332.07
|
1,304.79
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
19.69
|
54.11
|
-2.05
|
-46.66
|
|
Net Cash Provided by Investing Activities
|
-21.42
|
-49.50
|
-43.38
|
-16.65
|
|
Net Cash Provided by Financing Activities
|
1.33
|
48.23
|
9.21
|
47.80
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 1,205.37 | 70.99 | 1.59 | | 12/2007 | 1,398.36 | 75.69 | 1.63 | | 12/2008 | 1,440.74 | 55.40 | 1.19 | | 12/2009 | 1,436.44 | 54.70 | 1.16 | | 12/2010 | 2,006.87 | 136.15 | 2.78 | | Growth Rates | 13.59 | 17.68 | 14.99 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 163 | 38,980 | -- |
|
Report Date :
2/6/2012
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