Skechers U.S.A. (SKX) 10-Q 10 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 01, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	SKX
Entity Registrant Name	SKECHERS USA INC
Entity Central Index Key	1,065,837
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		42,686,958
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		9,395,486

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 513,902	$ 466,685
Trade accounts receivable, less allowances of $23,313 in 2015 and $21,007 in 2014	434,191	272,103
Other receivables	15,314	16,510
Total receivables	449,505	288,613
Inventories	470,640	453,837
Prepaid expenses and other current assets	51,633	57,015
Deferred tax assets	18,866	18,864
Total current assets	1,504,546	1,285,014
Property, plant and equipment, net	381,853	373,183
Other assets	26,126	16,721
Total non-current assets	407,979	389,904
TOTAL ASSETS	1,912,525	1,674,918
Current Liabilities:
Current installments of long-term borrowings	109,290	101,407
Short-term borrowings	1,340	1,810
Accounts payable	430,422	352,815
Accrued expenses	53,626	49,705
Total current liabilities	594,678	505,737
Long-term borrowings, excluding current installments	1,592	15,081
Other long-term liabilities	24,400	19,993
Total non-current liabilities	25,992	35,074
Total liabilities	$ 620,670	$ 540,811
Commitments and contingencies
Stockholders’ equity:
Preferred Stock, $.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital	$ 369,404	$ 355,636
Accumulated other comprehensive loss	(18,747)	(16,077)
Retained earnings	871,502	735,640
Skechers U.S.A., Inc. equity	1,222,210	1,075,249
Noncontrolling interests	69,645	58,858
Total equity	1,291,855	1,134,107
TOTAL LIABILITIES AND EQUITY	1,912,525	1,674,918
Class A Common Stock [Member]
Stockholders’ equity:
Common Stock	42	40
Class B Common Stock [Member]
Stockholders’ equity:
Common Stock	$ 9	$ 10

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Trade accounts receivable, allowances	$ 23,313	$ 21,007
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Class A Common Stock [Member]
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	41,563,000	40,287,000
Common Stock, shares outstanding	41,563,000	40,287,000
Class B Common Stock [Member]
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	60,000,000	60,000,000
Common Stock, shares issued	9,395,000	10,470,000
Common Stock, shares outstanding	9,395,000	10,470,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 800,464	$ 587,051	$ 1,568,461	$ 1,133,569
Cost of sales	425,856	317,676	861,313	623,791
Gross profit	374,608	269,375	707,148	509,778
Royalty income	3,630	1,836	5,512	4,858
Operating income	378,238	271,211	712,660	514,636
Operating expenses:
Selling	64,875	53,839	113,967	90,581
General and administrative	201,021	163,616	398,162	322,139
Operating expenses	265,896	217,455	512,129	412,720
Earnings from operations	112,342	53,756	200,531	101,916
Other income (expense):
Interest income	157	197	344	300
Interest expense	(3,041)	(3,656)	(5,878)	(6,352)
Other, net	2,990	148	(1,771)	(934)
Total other income (expense)	106	(3,311)	(7,305)	(6,986)
Earnings before income tax expense	112,448	50,445	193,226	94,930
Income tax expense	25,383	12,232	44,503	23,669
Net earnings	87,065	38,213	148,723	71,261
Less: Net earnings attributable to non-controlling interests	7,283	3,411	12,861	5,494
Net earnings attributable to Skechers U.S.A., Inc.	$ 79,782	$ 34,802	$ 135,862	$ 65,767
Net earnings per share attributable to Skechers U.S.A., Inc.:
Basic	$ 1.57	$ 0.69	$ 2.67	$ 1.30
Diluted	$ 1.55	$ 0.68	$ 2.65	$ 1.29
Weighted average shares used in calculating net earnings per share attributable to Skechers U.S.A, Inc.:
Basic	50,904	50,565	50,855	50,562
Diluted	51,342	50,914	51,259	50,879

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement Of Income And Comprehensive Income [Abstract]
Net earnings	$ 87,065	$ 38,213	$ 148,723	$ 71,261
Other comprehensive gain (loss), net of tax:
Gain (loss) on foreign currency translation adjustment	1,742	801	(2,879)	1,102
Comprehensive income	88,807	39,014	145,844	72,363
Less: Comprehensive income attributable to non-controlling interests	7,307	3,516	12,652	5,519
Comprehensive income attributable to Skechers U.S.A., Inc.	$ 81,500	$ 35,498	$ 133,192	$ 66,844

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net earnings	$ 148,723	$ 71,261
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation of property, plant and equipment	27,676	22,886
Amortization of deferred financing costs	601	601
Amortization of intangible assets	16	467
Provision for bad debts and returns	4,216	6,597
Tax benefits from share-based compensation		10
Non-cash share-based compensation	8,874	2,920
Loss (gain) on disposal of property, plant and equipment	(20)	244
Deferred income taxes	2,215	20,162
(Increase) decrease in assets:
Receivables	(166,970)	(95,196)
Inventories	(19,209)	(3,249)
Prepaid expenses and other current assets	4,997	(10,942)
Other assets	(8,223)	(474)
Increase in liabilities:
Accounts payable	75,679	53,985
Accrued expenses	8,368	4,994
Net cash provided by operating activities	86,943	74,266
Cash flows from investing activities:
Capital expenditures	(33,004)	(23,927)
Intangible asset additions	(95)
Purchases of investments	(2,106)
Sales of investments	105
Net cash used in investing activities	(35,100)	(23,927)
Cash flows from financing activities:
Net proceeds from the issuances of stock through employee stock purchase plan	2,238	1,721
Net payments on long-term debt	(5,599)	(5,967)
Net proceeds (payments) on short-term borrowings	(487)	97
Excess tax benefits from share-based compensation	2,656
Contribution from non-controlling interests of consolidated entity	485	83
Distributions to non-controlling interests of consolidated entity	(2,350)	(1,975)
Net cash used in financing activities	(3,057)	(6,041)
Net increase in cash and cash equivalents	48,786	44,298
Effect of exchange rates on cash and cash equivalents	(1,569)	(1,501)
Cash and cash equivalents at beginning of the period	466,685	372,011
Cash and cash equivalents at end of the period	513,902	414,808
Cash paid during the period for:
Interest	4,947	5,735
Income taxes	$ 32,487	$ 13,577

General

General	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
General	(1) GENERAL Basis of Presentation The accompanying condensed consolidated financial statements of Skechers U.S.A., Inc. (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S‑X. Accordingly, they do not include certain footnotes and financial presentations normally required under accounting principles generally accepted in the United States of America for complete financial reporting. The interim financial information is unaudited, but reflects all normal adjustments and accruals which are, in the opinion of management, considered necessary to provide a fair presentation for the interim periods presented. The accompanying condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. The results of operations for the six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the entire fiscal year ending December 31, 2015. Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments, which principally include cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximates fair value because of the relatively short maturity of such instruments. The carrying amount of the Company’s long-term borrowings are considered Level 2 liabilities that approximates fair value based upon current rates and terms available to the Company for similar debt. Use of Estimates The preparation of the condensed consolidated financial statements, in conformity with accounting principles generally accepted in the United States of America, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ materially from those estimates. Revenue Recognition The Company recognizes revenue on wholesale sales when products are shipped and the customer takes title and assumes risk of loss, collection of the relevant receivable is reasonably assured, persuasive evidence of an arrangement exists and the sales price is fixed or determinable. This generally occurs at time of shipment. Wholesale sales, which include amounts billed for shipping and handling costs, are recognized net of allowances for estimated returns, sales allowances, discounts, and chargebacks. Allowances for estimated returns, discounts, and chargebacks are recorded when related revenue is recorded. Related costs paid to third-party shipping companies are recorded as cost of sales. The Company recognizes revenue from retail and e-commerce sales at the point of sale. Sales and value added taxes collected from retail customers are excluded from reported revenues. Royalty income is earned from licensing arrangements. Upon signing a new licensing agreement, the Company receives up-front fees, which are generally characterized as prepaid royalties. These fees are initially deferred and recognized as revenue as earned. In addition, the Company receives royalty payments based on actual sales of the licensed products. Typically, at each quarter-end the Company receives correspondence from licensees indicating the actual sales for the period. This information is used to calculate and record the related royalties based on the terms of the agreement. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) amended the FASB Accounting Standards Codification and created a new Topic ASC 606, “ Revenue from Contracts with Customers Revenue Recognition In August 2014, the FASB amended the FASB Accounting Standards Codification and amended Subtopic 205-40, “ Presentation of Financial Statements – Going Concern In February 2015, the FASB issued ASU 2015-02, “ Amendments to the Consolidation Analysis” In April 2015, the FASB issued ASU 2015-03, “ Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs

Line of Credit, Short-Term and

Line of Credit, Short-Term and Long-Term Borrowings	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Line of Credit, Short-Term and Long-Term Borrowings	(2) LINE OF CREDIT, SHORT-TERM AND LONG-TERM BORROWINGS The Company and its subsidiaries had $4.4 million and $3.4 million of outstanding letters of credit as of June 30, 2015 and December 31, 2014, respectively, and approximately $1.3 million and $1.8 million in short-term borrowings as of June 30, 2015 and December 31, 2014, respectively. Long-term borrowings at June 30, 2015 and December 31, 2014 are as follows (in thousands): 2015 2014 Note payable to banks, due in monthly installments of $338.0 (includes principal and interest), variable-rate interest at 3.94% per annum, secured by property, balloon payment of $77,060 due October 2015 $ 77,396 $ 77,900 Note payable to banks, due in monthly installments of $531.4 (includes principal and interest), fixed-rate interest at 3.54% per annum, secured by property, balloon payment of $12,635 due December 2015 15,048 17,940 Note payable to banks, due in monthly installments of $483.9 (includes principal and interest), fixed-rate interest at 3.19% per annum, secured by property, balloon payment of $11,670 due June 2016 16,544 19,159 Note payable to TCF Equipment Finance, Inc., due in monthly installments of $30.5, (includes principal and interest) fixed- rate interest at 5.24% per annum, maturity date of July 2019 1,344 1,489 Note payable to bank from Skechers Retail India Private Ltd. 550 — Subtotal 110,882 116,488 Less current installments 109,290 101,407 Total long-term borrowings $ 1,592 $ 15,081 On June 30, 2015, the Company entered into a $250.0 million loan and security agreement, subject to increase by up to $100 million, (the “Credit Agreement”), with the following lenders: Bank of America, N.A., MUFG Union Bank, N.A. and HSBC Bank USA, National Association. The Credit Agreement matures on June 30, 2020. The Credit Agreement replaces the credit agreement dated June 30, 2009, which expired on June 30, 2015. The Credit Agreement permits the Company and certain of its subsidiaries to borrow based on a percentage of eligible accounts receivable plus the sum of (a) the lesser of (i) a percentage of eligible inventory to be sold at wholesale and (ii) a percentage of net orderly liquidation value of eligible inventory to be sold at wholesale, plus (b) the lesser of (i) a percentage of the value of eligible inventory to be sold at retail and (ii) a percentage of net orderly liquidation value of eligible inventory to be sold at retail, plus (c) the lesser of (i) a percentage of the value of eligible in-transit inventory and (ii) a percentage of the net orderly liquidation value of eligible in-transit inventory. Borrowings bear interest at our election based on (a) LIBOR or (b) the greater of (i) the Prime Rate, (ii) the Federal Funds Rate plus 0.5% and (iii) LIBOR for a 30-day period plus 1.0%, in each case, plus an applicable margin based on the average daily principal balance of revolving loans available under the Credit Agreement. The Company pays a monthly unused line of credit fee of 0.25%, payable on the first day of each month in arrears, which is based on the average daily principal balance of outstanding revolving loans and undrawn amounts of letters of credit outstanding during such month. The Credit Agreement further provides for a limit on the issuance of letters of credit to a maximum of $100.0 million. The Credit Agreement contains customary affirmative and negative covenants for secured credit facilities of this type, including covenants that will limit the ability of the Company and its subsidiaries to, among other things, incur debt, grant liens, make certain acquisitions, dispose assets, effect a change of control of the Company, make certain restricted payments including certain dividends and stock redemptions, make certain investments or loans, enter into certain transactions with affiliates and certain prohibited uses of proceeds. The Credit Agreement also requires compliance with a minimum fixed-charge coverage ratio if Availability drops below 10% of the Revolver Commitments (as such terms are defined in the Credit Agreement) until the date when no event of default has existed and Availability has been over 10% for 30 consecutive days. The Company paid closing and arrangement fees of $1.1 million on this facility, which are being amortized to interest expense over the five-year life of the facility. As of June 30, 2015, there was $1.3 million outstanding under this credit facility, which is classified as short-term borrowings in our condensed consolidated balance sheets.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Stockholders' Equity	(3) STOCKHOLDERS’ EQUITY During the three months ended June 30, 2015, 818,910 shares of Class B common stock were converted into shares of Class A common stock. During the three months ended June 30, 2014, 289,480 shares of Class B common stock were converted into shares of Class A common stock. During the six months ended June 30, 2015, 1,074,432 shares of Class B common stock were converted into shares of Class A common stock. During the six months ended June 30, 2014, 299,776 shares of Class B common stock were converted into shares of Class A common stock. The following table reconciles equity attributable to noncontrolling interests (in thousands): Six Months Ended June 30, 2015 2014 Non-controlling interests, beginning of period $ 58,858 $ 49,598 Net earnings attributable to non-controlling interests 12,861 5,494 Foreign currency translation adjustment (209 ) 25 Capital contribution by non-controlling interests 485 83 Capital distribution to non-controlling interests (2,350 ) (1,975 ) Non-controlling interests, end of period $ 69,645 $ 53,225

Non-Controlling Interests

Non-Controlling Interests	6 Months Ended
	Jun. 30, 2015
Noncontrolling Interest [Abstract]
Non-Controlling Interests	(4) NON-CONTROLLING INTERESTS The Company has equity interests in several joint ventures that were established either to exclusively distribute the Company’s products throughout Asia or to construct the Company’s domestic distribution facility. These joint ventures are VIEs under Accounting Standards Codification (“ASC”) 810-10-15-14. The Company’s determination of the primary beneficiary of a VIE considers all relationships between the Company and the VIE, including management agreements, governance documents and other contractual arrangements. The Company has determined for its VIEs that the Company is the primary beneficiary because it has both of the following characteristics: (a) the power to direct the activities of a VIE that most significantly impact the entity’s economic performance, and (b) the obligation to absorb losses of the entity that could potentially be significant to the VIE or the right to receive benefits from the entity that could potentially be significant to the VIE. Accordingly, the Company includes the assets and liabilities and results of operations of these entities in its consolidated financial statements, even though the Company may not hold a majority equity interest. There have been no changes during 2015 in the accounting treatment or characterization of any previously identified VIE. The Company continues to reassess these relationships quarterly. The assets of these joint ventures are restricted in that they are not available for general business use outside the context of such joint ventures. The holders of the liabilities of each joint venture have no recourse to the Company. The Company does not have a variable interest in any unconsolidated VIEs. The following VIEs are consolidated into the Company’s condensed consolidated financial statements and the carrying amounts and classification of assets and liabilities were as follows (in thousands): HF Logistics-SKX, LLC June 30, 2015 December 31, 2014 Current assets $ 7,908 $ 6,812 Noncurrent assets 116,214 118,837 Total assets $ 124,122 $ 125,649 Current liabilities $ 78,678 $ 78,668 Noncurrent liabilities 1,041 1,194 Total liabilities $ 79,719 $ 79,862 Distribution joint ventures (1) June 30, 2015 December 31, 2014 Current assets $ 117,333 $ 94,819 Noncurrent assets 13,001 10,322 Total assets $ 130,334 $ 105,141 Current liabilities $ 40,547 $ 38,470 Noncurrent liabilities 616 66 Total liabilities $ 41,163 $ 38,536 (1) Distribution joint ventures include Skechers China Limited, Skechers Southeast Asia Limited, Skechers Thailand Limited, Skechers Retail India Private Limited, and Skechers South Asia Private Limited. Net earnings attributable to non-controlling interests were $7.3 million and $3.4 million for the three months ended June 30, 2015 and 2014, respectively, which represents the share of net earnings that is attributable to our joint venture partners. Net earnings attributable to non-controlling interests were $12.9 million and $5.5 million for the six months ended June 30, 2015 and 2014, respectively. HF Logistics-SKX, LLC made capital distributions of $0.8 million and $1.9 million during the three and six months ended June 30, 2015, respectively. HF Logistics-SKX, LLC made capital distributions of $0.7 million and $1.6 million during the three and six months ended June 30, 2014, respectively. Skechers China Limited made capital distributions of $0.5 million during the three and six months ended June 30, 2015. Skechers China Limited made capital distributions of $0.3 million during the three and six months ended June 30, 2014. Our distribution joint venture partners made cash capital contributions of $0.5 during the three and six months ended June 30, 2015, respectively. Our distribution joint venture partners made cash capital contributions of $0.1 million during the three and six months ended June 30, 2014.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	(5) EARNINGS PER SHARE Basic earnings per share represents net earnings divided by the weighted average number of common shares outstanding for the period. Diluted earnings per share, in addition to the weighted average determined for basic earnings per share, includes potential common shares, if dilutive, that would arise from the exercise of stock options and nonvested shares using the treasury stock method. The Company has two classes of issued and outstanding common stock, Class A Common Stock and Class B Common Stock. Holders of Class A Common Stock and holders of Class B Common Stock have substantially identical rights, including rights with respect to any declared dividends or distributions of cash or property and the right to receive proceeds on liquidation or dissolution of the Company after payment of the Company’s indebtedness. The two classes have different voting rights, with holders of Class A Common Stock entitled to one vote per share while holders of Class B Common Stock are entitled to ten votes per share. The Company uses the two-class method for calculating net earnings per share. Basic and diluted net earnings per share of Class A Common Stock and Class B Common Stock are identical. The following is a reconciliation of net earnings and weighted average common shares outstanding for purposes of calculating basic earnings per share (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, Basic earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 79,782 $ 34,802 $ 135,862 $ 65,767 Weighted average common shares outstanding 50,904 50,565 50,855 50,562 Basic earnings per share attributable to Skechers U.S.A., Inc. $ 1.57 $ 0.69 $ 2.67 $ 1.30 The following is a reconciliation of net earnings and weighted average common shares outstanding for purposes of calculating diluted earnings per share (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, Diluted earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 79,782 $ 34,802 $ 135,862 $ 65,767 Weighted average common shares outstanding 50,904 50,565 50,855 50,562 Dilutive effect of nonvested shares 438 349 404 317 Weighted average common shares outstanding 51,342 50,914 51,259 50,879 Diluted earnings per share attributable to Skechers U.S.A., Inc. $ 1.55 $ 0.68 $ 2.65 $ 1.29 There were no options excluded in the computation of diluted earnings per share for the three and six months ended June 30, 2015 and 2014.

Stock Compensation

Stock Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Compensation	(6) STOCK COMPENSATION For stock-based awards the Company recognized compensation expense based on the grant date fair value. Share-based compensation expense was $4.5 million and $1.6 million for the three months ended June 30, 2015 and 2014, respectively. Share-based compensation expense was $8.9 million and $2.9 million for the six months ended June 30, 2015 and 2014, respectively. A summary of the status and changes of our nonvested shares related to the Company’s Equity Incentive Plans as of and for the six months ended June 30, 2015 is presented below: Shares Weighted Average Grant-Date Fair Value Nonvested at December 31, 2014 1,263,833 $ 43.38 Granted 7,500 68.01 Vested (153,500 ) 29.02 Cancelled — — Nonvested at June 30, 2015 1,117,833 $ 45.52 As of June 30, 2015, there was $40.9 million of unrecognized compensation cost related to nonvested common shares. The cost is expected to be amortized over a weighted average period of 2.3 years.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	(7) INCOME TAXES Income tax expense and the effective tax rate for the three and six months ended June 30, 2015 and 2014 were as follows (in thousands, except the effective tax rate): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Income tax expense $ 25,383 $ 12,232 44,503 $ 23,669 Effective tax rate 22.6 % 24.2 % 23.0 % 24.9 % The tax provision for the three and six months ended June 30, 2015 and 2014 was computed using the estimated effective tax rates applicable to each of the domestic and international taxable jurisdictions for the full year. The Company estimates its ongoing effective annual tax rate in 2015 to be between 21% and 25%, which is subject to management’s quarterly review and revision, if necessary. The Company’s provision for income tax expense and effective income tax rate are significantly impacted by the mix of the Company’s domestic and foreign earnings (loss) before income taxes. In the foreign jurisdictions in which the Company has operations, the applicable statutory rates range from 0% to 34%, which is generally significantly lower than the U.S. federal and state combined statutory rate of approximately 39%. For the three and six months ended June 30, 2015, the decrease in the effective tax rate was primarily attributable to an increase in the amount of foreign earnings relative to domestic earnings as compared to the same period in the prior year. As of June 30, 2015, the Company had approximately $513.9 million in cash and cash equivalents, of which $233.6 million, or 45.4%, was held outside the U.S. Of the $233.6 million held by the Company’s foreign subsidiaries, approximately $82.9 million is available for repatriation to the U.S. without incurring U.S. income taxes and applicable foreign income and withholding taxes in excess of the amounts accrued in the Company’s condensed consolidated financial statements as of June 30, 2015. Under current applicable tax laws, if the Company chooses to repatriate some or all of the funds designated as indefinitely reinvested outside the U.S., the amount repatriated would be subject to U.S. income taxes and applicable foreign income and withholding taxes. The Company does not expect to repatriate any of the funds presently designated as indefinitely reinvested outside the U.S. As such, the Company did not provide for deferred income taxes on its accumulated undistributed earnings of the Company’s foreign subsidiaries.

Business and Credit Concentrati

Business and Credit Concentrations	6 Months Ended
	Jun. 30, 2015
Risks And Uncertainties [Abstract]
Business and Credit Concentrations	(8) BUSINESS AND CREDIT CONCENTRATIONS The Company generates the majority of its sales in the United States; however, several of its products are sold into various foreign countries, which subjects the Company to the risks of doing business abroad. In addition, the Company operates in the footwear industry, and its business depends on the general economic environment and levels of consumer spending. Changes in the marketplace may significantly affect management’s estimates and the Company’s performance. Management performs regular evaluations concerning the ability of customers to satisfy their obligations and provides for estimated doubtful accounts. Domestic accounts receivable, which generally do not require collateral from customers, were $256.0 million and $166.9 million before allowances for bad debts, sales returns and chargebacks at June 30, 2015 and December 31, 2014, respectively. Foreign accounts receivable, which in some cases are collateralized by letters of credit, were equal to $201.5 million and $126.2 million before allowance for bad debts, sales returns and chargebacks at June 30, 2015 and December 31, 2014, respectively. The Company’s charges for bad debt and reserves for credit losses for the six months ended June 30, 2015 and 2014 were $4.2 million and $6.6 million, respectively. The Company’s credit losses attributable to write-offs for the six months ended June 30, 2015 and 2014 were $0.7 million and $4.9 million, respectively. Assets located outside the U.S. consist primarily of cash, accounts receivable, inventory, property, plant and equipment, and other assets. Net assets held outside the United States were $659.8 million and $548.9 million at June 30, 2015 and December 31, 2014, respectively. The Company’s net sales to its five largest customers accounted for approximately 15.9% and 16.2% of total net sales for the three months ended June 30, 2015 and 2014, respectively. The Company’s net sales to its five largest customers accounted for approximately 16.3% and 16.6% of total net sales for the six months ended June 30, 2015 and 2014, respectively. No customer accounted for more than 10% of our net sales during the three and six months ended June 30, 2015 and 2014. No customer accounted for more than 10% of net trade receivables at June 30, 2015 or December 31, 2014. The Company’s top five manufacturers produced the following, as a percentage of total production, for the three and six months ended June 30, 2015 and 2014: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Manufacturer #1 32.8 % 35.8 % 33.5 % 36.3 % Manufacturer #2 7.5 % 7.1 % 7.9 % 6.3 % Manufacturer #3 7.4 % 6.0 % 7.2 % 5.7 % Manufacturer #4 6.9 % 4.9 % 5.7 % 5.3 % Manufacturer #5 3.5 % 3.9 % 3.9 % 4.3 % 58.1 % 57.7 % 58.2 % 57.9 % The majority of the Company’s products are produced in China. The Company’s operations are subject to the customary risks of doing business abroad, including, but not limited to, currency fluctuations and revaluations, custom duties and related fees, various import controls and other monetary barriers, restrictions on the transfer of funds, labor unrest and strikes, and, in certain parts of the world, political instability. The Company believes it has acted to reduce these risks by diversifying manufacturing among various factories. To date, these business risks have not had a material adverse impact on the Company’s operations.

Segment and Geographic Reportin

Segment and Geographic Reporting Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment and Geographic Reporting Information	(9) SEGMENT AND GEOGRAPHIC REPORTING INFORMATION The Company has four reportable segments – domestic wholesale sales, international wholesale sales, retail sales, and e-commerce sales. Management evaluates segment performance based primarily on net sales and gross profit. All other costs and expenses of the Company are analyzed on an aggregate basis, and these costs are not allocated to the Company’s segments. Net sales, gross margins, identifiable assets and additions to property and equipment for the domestic wholesale, international wholesale, retail, and the e-commerce segments on a combined basis were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net sales: Domestic wholesale $ 338,646 $ 256,684 $ 659,975 $ 489,177 International wholesale 241,872 151,051 527,443 330,134 Retail 212,667 171,881 367,224 300,759 E-commerce 7,279 7,435 13,819 13,499 Total $ 800,464 $ 587,051 $ 1,568,461 $ 1,133,569 Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Gross profit: Domestic wholesale $ 135,062 $ 94,186 $ 260,793 $ 178,741 International wholesale 103,771 64,792 217,148 141,081 Retail 130,669 106,817 220,939 183,578 E-commerce 5,106 3,580 8,268 6,378 Total $ 374,608 $ 269,375 $ 707,148 $ 509,778 June 30, 2015 December 31, 2014 Identifiable assets: Domestic wholesale $ 1,096,705 $ 979,582 International wholesale 616,080 510,063 Retail 199,497 185,041 E-commerce 243 232 Total $ 1,912,525 $ 1,674,918 Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Additions to property, plant and equipment: Domestic wholesale $ 3,729 $ 2,950 $ 9,417 $ 4,956 International wholesale 4,971 3,929 8,526 4,933 Retail 9,681 5,678 15,061 14,038 Total $ 18,381 $ 12,557 $ 33,004 $ 23,927 Geographic Information: The following summarizes the Company’s operations in different geographic areas for the period indicated (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net Sales (1): United States $ 512,705 $ 402,009 $ 965,869 $ 746,663 Canada 27,641 18,433 50,883 40,118 Other international (2) 260,118 166,609 551,709 346,788 Total $ 800,464 $ 587,051 $ 1,568,461 $ 1,133,569 June 30, 2015 December 31, 2014 Property, plant and equipment, net: United States $ 336,849 $ 332,383 Canada 7,547 7,203 Other international (2) 37,457 33,597 Total $ 381,853 $ 373,183 (1) The Company has subsidiaries in Austria, Belgium, Brazil, Canada, Chile, France, Germany, Italy, Japan, the Netherlands, Portugal, Spain, Switzerland, and the United Kingdom that generate net sales within those respective countries and in some cases the neighboring regions. The Company has joint ventures in China, Hong Kong, India, Malaysia, Singapore, and Thailand that generate net sales from those countries. The Company also has a subsidiary in Switzerland that generates net sales from that country in addition to net sales to distributors located in numerous non-European countries. Net sales are attributable to geographic regions based on the location of the Company subsidiary. (2) Other international includes Austria, Belgium, Brazil, Canada, Chile, China, France, Germany, Hong Kong, Hungary, India, Italy, Japan, Malaysia, the Netherlands, Poland, Portugal, Singapore, Spain, Switzerland, Thailand, Vietnam, and the United Kingdom.

Litigation

Litigation	6 Months Ended
	Jun. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
Litigation	(10) LITIGATION The Company recognizes legal expense in connection with loss contingencies as incurred. In accordance with accounting principles generally accepted in the U.S., the Company records a liability in its consolidated financial statements for loss contingencies when a loss is known or considered probable and the amount can be reasonably estimated. When determining the estimated loss or range of loss, significant judgment is required to estimate the amount and timing of a loss to be recorded. Estimates of probable losses resulting from litigation and governmental proceedings are inherently difficult to predict, particularly when the matters are in the procedural stages or with unspecified or indeterminate claims for damages, potential penalties, or fines. Accordingly, the Company cannot determine the final amount, if any, of its liability beyond the amount accrued in the consolidated financial statements as of June 30, 2015, nor is it possible to estimate what litigation-related costs will be in the future.

General (Policies)

General (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying condensed consolidated financial statements of Skechers U.S.A., Inc. (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S‑X. Accordingly, they do not include certain footnotes and financial presentations normally required under accounting principles generally accepted in the United States of America for complete financial reporting. The interim financial information is unaudited, but reflects all normal adjustments and accruals which are, in the opinion of management, considered necessary to provide a fair presentation for the interim periods presented. The accompanying condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014. The results of operations for the six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the entire fiscal year ending December 31, 2015.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying amount of the Company’s financial instruments, which principally include cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximates fair value because of the relatively short maturity of such instruments. The carrying amount of the Company’s long-term borrowings are considered Level 2 liabilities that approximates fair value based upon current rates and terms available to the Company for similar debt.
Use of Estimates	Use of Estimates The preparation of the condensed consolidated financial statements, in conformity with accounting principles generally accepted in the United States of America, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ materially from those estimates.
Revenue Recognition	Revenue Recognition The Company recognizes revenue on wholesale sales when products are shipped and the customer takes title and assumes risk of loss, collection of the relevant receivable is reasonably assured, persuasive evidence of an arrangement exists and the sales price is fixed or determinable. This generally occurs at time of shipment. Wholesale sales, which include amounts billed for shipping and handling costs, are recognized net of allowances for estimated returns, sales allowances, discounts, and chargebacks. Allowances for estimated returns, discounts, and chargebacks are recorded when related revenue is recorded. Related costs paid to third-party shipping companies are recorded as cost of sales. The Company recognizes revenue from retail and e-commerce sales at the point of sale. Sales and value added taxes collected from retail customers are excluded from reported revenues. Royalty income is earned from licensing arrangements. Upon signing a new licensing agreement, the Company receives up-front fees, which are generally characterized as prepaid royalties. These fees are initially deferred and recognized as revenue as earned. In addition, the Company receives royalty payments based on actual sales of the licensed products. Typically, at each quarter-end the Company receives correspondence from licensees indicating the actual sales for the period. This information is used to calculate and record the related royalties based on the terms of the agreement.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) amended the FASB Accounting Standards Codification and created a new Topic ASC 606, “ Revenue from Contracts with Customers Revenue Recognition In August 2014, the FASB amended the FASB Accounting Standards Codification and amended Subtopic 205-40, “ Presentation of Financial Statements – Going Concern In February 2015, the FASB issued ASU 2015-02, “ Amendments to the Consolidation Analysis” In April 2015, the FASB issued ASU 2015-03, “ Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs
Non-Controlling Interests	The Company has equity interests in several joint ventures that were established either to exclusively distribute the Company’s products throughout Asia or to construct the Company’s domestic distribution facility. These joint ventures are VIEs under Accounting Standards Codification (“ASC”) 810-10-15-14. The Company’s determination of the primary beneficiary of a VIE considers all relationships between the Company and the VIE, including management agreements, governance documents and other contractual arrangements. The Company has determined for its VIEs that the Company is the primary beneficiary because it has both of the following characteristics: (a) the power to direct the activities of a VIE that most significantly impact the entity’s economic performance, and (b) the obligation to absorb losses of the entity that could potentially be significant to the VIE or the right to receive benefits from the entity that could potentially be significant to the VIE. Accordingly, the Company includes the assets and liabilities and results of operations of these entities in its consolidated financial statements, even though the Company may not hold a majority equity interest. There have been no changes during 2015 in the accounting treatment or characterization of any previously identified VIE. The Company continues to reassess these relationships quarterly. The assets of these joint ventures are restricted in that they are not available for general business use outside the context of such joint ventures. The holders of the liabilities of each joint venture have no recourse to the Company. The Company does not have a variable interest in any unconsolidated VIEs. The following VIEs are consolidated into the Company’s condensed consolidated financial statements and the carrying amounts and classification of assets and liabilities were as follows (in thousands): HF Logistics-SKX, LLC June 30, 2015 December 31, 2014 Current assets $ 7,908 $ 6,812 Noncurrent assets 116,214 118,837 Total assets $ 124,122 $ 125,649 Current liabilities $ 78,678 $ 78,668 Noncurrent liabilities 1,041 1,194 Total liabilities $ 79,719 $ 79,862 Distribution joint ventures (1) June 30, 2015 December 31, 2014 Current assets $ 117,333 $ 94,819 Noncurrent assets 13,001 10,322 Total assets $ 130,334 $ 105,141 Current liabilities $ 40,547 $ 38,470 Noncurrent liabilities 616 66 Total liabilities $ 41,163 $ 38,536 (1) Distribution joint ventures include Skechers China Limited, Skechers Southeast Asia Limited, Skechers Thailand Limited, Skechers Retail India Private Limited, and Skechers South Asia Private Limited.

Line of Credit, Short-Term an18

Line of Credit, Short-Term and Long-Term Borrowings (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-Term Borrowings	Long-term borrowings at June 30, 2015 and December 31, 2014 are as follows (in thousands): 2015 2014 Note payable to banks, due in monthly installments of $338.0 (includes principal and interest), variable-rate interest at 3.94% per annum, secured by property, balloon payment of $77,060 due October 2015 $ 77,396 $ 77,900 Note payable to banks, due in monthly installments of $531.4 (includes principal and interest), fixed-rate interest at 3.54% per annum, secured by property, balloon payment of $12,635 due December 2015 15,048 17,940 Note payable to banks, due in monthly installments of $483.9 (includes principal and interest), fixed-rate interest at 3.19% per annum, secured by property, balloon payment of $11,670 due June 2016 16,544 19,159 Note payable to TCF Equipment Finance, Inc., due in monthly installments of $30.5, (includes principal and interest) fixed- rate interest at 5.24% per annum, maturity date of July 2019 1,344 1,489 Note payable to bank from Skechers Retail India Private Ltd. 550 — Subtotal 110,882 116,488 Less current installments 109,290 101,407 Total long-term borrowings $ 1,592 $ 15,081

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Equity Attributable to Noncontrolling Interests	The following table reconciles equity attributable to noncontrolling interests (in thousands): Six Months Ended June 30, 2015 2014 Non-controlling interests, beginning of period $ 58,858 $ 49,598 Net earnings attributable to non-controlling interests 12,861 5,494 Foreign currency translation adjustment (209 ) 25 Capital contribution by non-controlling interests 485 83 Capital distribution to non-controlling interests (2,350 ) (1,975 ) Non-controlling interests, end of period $ 69,645 $ 53,225

Non-Controlling Interests (Tabl

Non-Controlling Interests (Tables)	6 Months Ended
	Jun. 30, 2015
Noncontrolling Interest [Abstract]
Carrying Amounts and Classification of Assets and Liabilities for VIEs	The following VIEs are consolidated into the Company’s condensed consolidated financial statements and the carrying amounts and classification of assets and liabilities were as follows (in thousands): HF Logistics-SKX, LLC June 30, 2015 December 31, 2014 Current assets $ 7,908 $ 6,812 Noncurrent assets 116,214 118,837 Total assets $ 124,122 $ 125,649 Current liabilities $ 78,678 $ 78,668 Noncurrent liabilities 1,041 1,194 Total liabilities $ 79,719 $ 79,862 Distribution joint ventures (1) June 30, 2015 December 31, 2014 Current assets $ 117,333 $ 94,819 Noncurrent assets 13,001 10,322 Total assets $ 130,334 $ 105,141 Current liabilities $ 40,547 $ 38,470 Noncurrent liabilities 616 66 Total liabilities $ 41,163 $ 38,536 (1) Distribution joint ventures include Skechers China Limited, Skechers Southeast Asia Limited, Skechers Thailand Limited, Skechers Retail India Private Limited, and Skechers South Asia Private Limited.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Basic Earnings Per Share	The following is a reconciliation of net earnings and weighted average common shares outstanding for purposes of calculating basic earnings per share (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, Basic earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 79,782 $ 34,802 $ 135,862 $ 65,767 Weighted average common shares outstanding 50,904 50,565 50,855 50,562 Basic earnings per share attributable to Skechers U.S.A., Inc. $ 1.57 $ 0.69 $ 2.67 $ 1.30
Diluted Earnings Per Share	The following is a reconciliation of net earnings and weighted average common shares outstanding for purposes of calculating diluted earnings per share (in thousands, except per share amounts): Three Months Ended June 30, Six Months Ended June 30, Diluted earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 79,782 $ 34,802 $ 135,862 $ 65,767 Weighted average common shares outstanding 50,904 50,565 50,855 50,562 Dilutive effect of nonvested shares 438 349 404 317 Weighted average common shares outstanding 51,342 50,914 51,259 50,879 Diluted earnings per share attributable to Skechers U.S.A., Inc. $ 1.55 $ 0.68 $ 2.65 $ 1.29

Stock Compensation (Tables)

Stock Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Nonvested Shares Related to Equity Incentive Plans	A summary of the status and changes of our nonvested shares related to the Company’s Equity Incentive Plans as of and for the six months ended June 30, 2015 is presented below: Shares Weighted Average Grant-Date Fair Value Nonvested at December 31, 2014 1,263,833 $ 43.38 Granted 7,500 68.01 Vested (153,500 ) 29.02 Cancelled — — Nonvested at June 30, 2015 1,117,833 $ 45.52

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Summary of Income Tax Expense and Effective Tax Rate	Income tax expense and the effective tax rate for the three and six months ended June 30, 2015 and 2014 were as follows (in thousands, except the effective tax rate): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Income tax expense $ 25,383 $ 12,232 44,503 $ 23,669 Effective tax rate 22.6 % 24.2 % 23.0 % 24.9 %

Business and Credit Concentra24

Business and Credit Concentrations (Tables)	6 Months Ended
	Jun. 30, 2015
Risks And Uncertainties [Abstract]
Company's Top Five Manufacturers Produced	The Company’s top five manufacturers produced the following, as a percentage of total production, for the three and six months ended June 30, 2015 and 2014: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Manufacturer #1 32.8 % 35.8 % 33.5 % 36.3 % Manufacturer #2 7.5 % 7.1 % 7.9 % 6.3 % Manufacturer #3 7.4 % 6.0 % 7.2 % 5.7 % Manufacturer #4 6.9 % 4.9 % 5.7 % 5.3 % Manufacturer #5 3.5 % 3.9 % 3.9 % 4.3 % 58.1 % 57.7 % 58.2 % 57.9 %

Segment and Geographic Report25

Segment and Geographic Reporting Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Information	Net sales, gross margins, identifiable assets and additions to property and equipment for the domestic wholesale, international wholesale, retail, and the e-commerce segments on a combined basis were as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net sales: Domestic wholesale $ 338,646 $ 256,684 $ 659,975 $ 489,177 International wholesale 241,872 151,051 527,443 330,134 Retail 212,667 171,881 367,224 300,759 E-commerce 7,279 7,435 13,819 13,499 Total $ 800,464 $ 587,051 $ 1,568,461 $ 1,133,569 Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Gross profit: Domestic wholesale $ 135,062 $ 94,186 $ 260,793 $ 178,741 International wholesale 103,771 64,792 217,148 141,081 Retail 130,669 106,817 220,939 183,578 E-commerce 5,106 3,580 8,268 6,378 Total $ 374,608 $ 269,375 $ 707,148 $ 509,778 June 30, 2015 December 31, 2014 Identifiable assets: Domestic wholesale $ 1,096,705 $ 979,582 International wholesale 616,080 510,063 Retail 199,497 185,041 E-commerce 243 232 Total $ 1,912,525 $ 1,674,918 Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Additions to property, plant and equipment: Domestic wholesale $ 3,729 $ 2,950 $ 9,417 $ 4,956 International wholesale 4,971 3,929 8,526 4,933 Retail 9,681 5,678 15,061 14,038 Total $ 18,381 $ 12,557 $ 33,004 $ 23,927
Geographic Information	Geographic Information: The following summarizes the Company’s operations in different geographic areas for the period indicated (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Net Sales (1): United States $ 512,705 $ 402,009 $ 965,869 $ 746,663 Canada 27,641 18,433 50,883 40,118 Other international (2) 260,118 166,609 551,709 346,788 Total $ 800,464 $ 587,051 $ 1,568,461 $ 1,133,569 June 30, 2015 December 31, 2014 Property, plant and equipment, net: United States $ 336,849 $ 332,383 Canada 7,547 7,203 Other international (2) 37,457 33,597 Total $ 381,853 $ 373,183 (1) The Company has subsidiaries in Austria, Belgium, Brazil, Canada, Chile, France, Germany, Italy, Japan, the Netherlands, Portugal, Spain, Switzerland, and the United Kingdom that generate net sales within those respective countries and in some cases the neighboring regions. The Company has joint ventures in China, Hong Kong, India, Malaysia, Singapore, and Thailand that generate net sales from those countries. The Company also has a subsidiary in Switzerland that generates net sales from that country in addition to net sales to distributors located in numerous non-European countries. Net sales are attributable to geographic regions based on the location of the Company subsidiary. (2) Other international includes Austria, Belgium, Brazil, Canada, Chile, China, France, Germany, Hong Kong, Hungary, India, Italy, Japan, Malaysia, the Netherlands, Poland, Portugal, Singapore, Spain, Switzerland, Thailand, Vietnam, and the United Kingdom.

Line of Credit, Short-Term an26

Line of Credit, Short-Term and Long-Term Borrowings - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Line Of Credit Facility [Line Items]
Outstanding letters of credit	$ 4,400,000	$ 3,400,000
Short-term borrowings	1,340,000	$ 1,810,000
Maximum amount of credit facility	250,000,000
Increase in maximum amount of credit facility	$ 100,000,000
Maturity date of credit agreement	Jun. 30, 2020
Line of credit facility, interest rate	Borrowings bear interest at our election based on (a) LIBOR or (b) the greater of (i) the Prime Rate, (ii) the Federal Funds Rate plus 0.5% and (iii) LIBOR for a 30-day period plus 1.0%, in each case, plus an applicable margin based on the average daily principal balance of revolving loans available under the Credit Agreement.
Unused line of credit fee	0.25%
Maximum limit for letters of credit	$ 100,000,000
Debt closing and arrangement fees	$ 1,100,000
Line of credit facility, expiration period	5 years
Line of credit facility, outstanding amount	$ 1,300,000
Federal Funds Rate [Member]
Line Of Credit Facility [Line Items]
Line of credit facility, interest rate	Federal Funds Rate plus 0.5%
Interest rate of line of credit agreement	0.50%
LIBOR Loans [Member]
Line Of Credit Facility [Line Items]
Line of credit facility, interest rate	LIBOR for a 30-day period plus 1.0%
Interest rate of line of credit agreement	1.00%

Line of Credit, Short-Term an27

Line of Credit, Short-Term and Long-Term Borrowings - Long-Term Borrowings (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term borrowings	$ 110,882	$ 116,488
Less current installments	109,290	101,407
Total long-term borrowings	1,592	15,081
Notes payable to banks [Member] | Skechers Retail India Private Ltd [Member]
Debt Instrument [Line Items]
Long-term borrowings	550
Notes payable to banks [Member] | Modified loan agreement [Member]
Debt Instrument [Line Items]
Long-term borrowings	77,396	77,900
Notes payable to banks [Member] | Master agreement one [Member]
Debt Instrument [Line Items]
Long-term borrowings	15,048	17,940
Notes payable to banks [Member] | Master agreement two [Member]
Debt Instrument [Line Items]
Long-term borrowings	16,544	19,159
Notes payable to TCF Finance [Member] | Equipment agreement [Member]
Debt Instrument [Line Items]
Long-term borrowings	$ 1,344	$ 1,489

Line of Credit, Short-Term an28

Line of Credit, Short-Term and Long-Term Borrowings - Long-Term Borrowings (Parenthetical) (Detail) - Jun. 30, 2015 - Notes payable to banks [Member] - USD ($)	Total
Modified loan agreement [Member]
Debt Instrument [Line Items]
Monthly repayment installment of note payable	$ 338,000
Variable interest rate of note payable	3.94%
Balloon payment required under note payable	$ 77,060,000
Due date for note payable	2015-10
Frequency of periodic payment	Monthly
Master agreement one [Member]
Debt Instrument [Line Items]
Monthly repayment installment of note payable	$ 531,400
Fixed interest rate of note payable	3.54%
Balloon payment required under note payable	$ 12,635,000
Due date for note payable	2015-12
Frequency of periodic payment	Monthly
Master agreement two [Member]
Debt Instrument [Line Items]
Monthly repayment installment of note payable	$ 483,900
Fixed interest rate of note payable	3.19%
Balloon payment required under note payable	$ 11,670,000
Due date for note payable	2016-06
Frequency of periodic payment	Monthly
Equipment agreement [Member]
Debt Instrument [Line Items]
Monthly repayment installment of note payable	$ 30,500
Fixed interest rate of note payable	5.24%
Due date for note payable	2019-07
Frequency of periodic payment	Monthly

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Class B Common Stock [Member]
Class of Stock [Line Items]
Certain Class B stockholders converted into Class A	818,910	289,480	1,074,432	299,776
Class A Common Stock [Member]
Class of Stock [Line Items]
Shares issued as a part of conversion	818,910	289,480	1,074,432	299,776

Stockholders' Equity - Equity A

Stockholders' Equity - Equity Attributable to Noncontrolling Interests (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Noncontrolling Interest [Abstract]
Non-controlling interests, beginning of period			$ 58,858	$ 49,598
Net earnings attributable to non-controlling interests	$ 7,283	$ 3,411	12,861	5,494
Foreign currency translation adjustment			(209)	25
Capital contribution by non-controlling interests			485	83
Capital distribution to non-controlling interests			(2,350)	(1,975)
Non-controlling interests, end of period	$ 69,645	$ 53,225	$ 69,645	$ 53,225

Non-Controlling Interests - Car

Non-Controlling Interests - Carrying Amounts and Classification of Assets and Liabilities for VIEs (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Variable Interest Entity [Line Items]
Current assets	$ 1,504,546	$ 1,285,014
Noncurrent assets	407,979	389,904
TOTAL ASSETS	1,912,525	1,674,918
Current liabilities	594,678	505,737
Noncurrent liabilities	25,992	35,074
Total liabilities	620,670	540,811
Variable interest entity, primary beneficiary [Member] | HF Logistics-SKX, LLC [Member]
Variable Interest Entity [Line Items]
Current assets	7,908	6,812
Noncurrent assets	116,214	118,837
TOTAL ASSETS	124,122	125,649
Current liabilities	78,678	78,668
Noncurrent liabilities	1,041	1,194
Total liabilities	79,719	79,862
Variable interest entity, primary beneficiary [Member] | Distribution joint ventures [Member]
Variable Interest Entity [Line Items]
Current assets	117,333	94,819
Noncurrent assets	13,001	10,322
TOTAL ASSETS	130,334	105,141
Current liabilities	40,547	38,470
Noncurrent liabilities	616	66
Total liabilities	$ 41,163	$ 38,536

Non-Controlling Interests - Add

Non-Controlling Interests - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Variable Interest Entity [Line Items]
Net earnings attributable to non-controlling interests	$ 7,283	$ 3,411	$ 12,861	$ 5,494
Capital distributions to non-controlling interest			2,350	1,975
Capital contributions from non-controlling interest			485	83
Variable interest entity, primary beneficiary [Member] | HF Logistics-SKX, LLC [Member]
Variable Interest Entity [Line Items]
Capital distributions to non-controlling interest	800	700	1,900	1,600
Variable interest entity, primary beneficiary [Member] | Skechers China Limited [Member]
Variable Interest Entity [Line Items]
Capital distributions to non-controlling interest	500	300	500	300
Variable interest entity, primary beneficiary [Member] | Other Distribution Joint Ventures [Member]
Variable Interest Entity [Line Items]
Capital contributions from non-controlling interest	$ 500	$ 100	$ 500	$ 100

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options excluded from the computation of diluted earnings	0	0	0	0
Class A Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock, voting rights			One vote per share
Class B Common Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Common stock, voting rights			Ten votes per share

Earnings Per Share - Basic Earn

Earnings Per Share - Basic Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Basic earnings per share
Net earnings attributable to Skechers U.S.A., Inc.	$ 79,782	$ 34,802	$ 135,862	$ 65,767
Weighted average common shares outstanding	50,904	50,565	50,855	50,562
Basic earnings per share attributable to Skechers U.S.A., Inc.	$ 1.57	$ 0.69	$ 2.67	$ 1.30

Earnings Per Share - Diluted Ea

Earnings Per Share - Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Diluted earnings per share
Net earnings attributable to Skechers U.S.A., Inc.	$ 79,782	$ 34,802	$ 135,862	$ 65,767
Weighted average common shares outstanding	50,904	50,565	50,855	50,562
Dilutive effect of nonvested shares	438	349	404	317
Weighted average common shares outstanding	51,342	50,914	51,259	50,879
Diluted earnings per share attributable to Skechers U.S.A., Inc.	$ 1.55	$ 0.68	$ 2.65	$ 1.29

Stock Compensation - Additional

Stock Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-based compensation expense	$ 4.5	$ 1.6	$ 8.9	$ 2.9
Unrecognized compensation cost related to nonvested common shares	$ 40.9		$ 40.9
Weighted average period for recognition of cost			2 years 3 months 18 days

Stock Compensation - Summary of

Stock Compensation - Summary of Nonvested Shares Related to Equity Incentive Plans (Detail) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Nonvested, Shares, Beginning of Period	1,263,833
Granted, Shares	7,500
Vested, Shares	(153,500)
Nonvested, Shares, End of Period	1,117,833
Nonvested, Weighted Average Grant-Date Fair Value, Beginning of Period	$ 43.38
Granted, Weighted Average Grant-Date Fair Value	68.01
Vested, Weighted Average Grant-Date Fair Value	29.02
Nonvested, Weighted Average Grant-Date Fair Value, End of Period	$ 45.52

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Expense and Effective Tax Rate (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Income tax expense	$ 25,383	$ 12,232	$ 44,503	$ 23,669
Effective tax rate	22.60%	24.20%	23.00%	24.90%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Schedule Of Income Taxes [Line Items]
Effective tax rate	22.60%	24.20%	23.00%	24.90%
U.S. federal and state statutory rate	39.00%		39.00%
Cash and cash equivalents	$ 513,902	$ 414,808	$ 513,902	$ 414,808	$ 466,685	$ 372,011
Repatriation of earnings			82,900
Non-US [Member]
Schedule Of Income Taxes [Line Items]
Cash and cash equivalents	$ 233,600		$ 233,600
Non-US [Member] | GeographicConcentrationRisk[Member]
Schedule Of Income Taxes [Line Items]
Percentage of cash and cash equivalents			45.40%
Minimum [Member]
Schedule Of Income Taxes [Line Items]
Effective tax rate			21.00%
Minimum [Member] | Non-U.S jurisdictions [Member]
Schedule Of Income Taxes [Line Items]
Statutory federal rate			0.00%
Maximum [Member]
Schedule Of Income Taxes [Line Items]
Effective tax rate			25.00%
Maximum [Member] | Non-U.S jurisdictions [Member]
Schedule Of Income Taxes [Line Items]
Statutory federal rate			34.00%

Business and Credit Concentra40

Business and Credit Concentrations - Additional Information (Detail) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)Customer	Jun. 30, 2014Customer	Jun. 30, 2015USD ($)Customer	Jun. 30, 2014USD ($)Customer	Dec. 31, 2014USD ($)Customer
Concentration Risk [Line Items]
Provision for bad debts, returns and allowances			$ 4,216	$ 6,597
Credit losses attributable to write-offs			$ 700	$ 4,900
Net Sales [Member] | Customer Concentration Risk [Member]
Concentration Risk [Line Items]
Number of largest customers | Customer	5	5	5	5
Percentage of cash and cash equivalents	15.90%	16.20%	16.30%	16.60%
Number of customers accounting for more than 10% | Customer	0	0	0	0
Net Trade Receivable [Member] | Credit Concentration Risk [Member]
Concentration Risk [Line Items]
Number of customers accounting for more than 10% | Customer			0		0
Domestic [Member]
Concentration Risk [Line Items]
Accounts receivable	$ 256,000		$ 256,000		$ 166,900
Outside U.S. [Member]
Concentration Risk [Line Items]
Accounts receivable	201,500		201,500		126,200
Net total assets held outside the United States	$ 659,800		$ 659,800		$ 548,900

Business and Credit Concentra41

Business and Credit Concentrations - Company's Top Five Manufacturers Produced (Detail) - Cost of Goods, Total [Member] - Supplier Concentration Risk [Member]	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Concentration Risk [Line Items]
Percentage of total production	58.10%	57.70%	58.20%	57.90%
Manufacturer One [Member]
Concentration Risk [Line Items]
Percentage of total production	32.80%	35.80%	33.50%	36.30%
Manufacturer Two [Member]
Concentration Risk [Line Items]
Percentage of total production	7.50%	7.10%	7.90%	6.30%
Manufacturer Three [Member]
Concentration Risk [Line Items]
Percentage of total production	7.40%	6.00%	7.20%	5.70%
Manufacturer Four [Member]
Concentration Risk [Line Items]
Percentage of total production	6.90%	4.90%	5.70%	5.30%
Manufacturer Five [Member]
Concentration Risk [Line Items]
Percentage of total production	3.50%	3.90%	3.90%	4.30%

Segment and Geographic Report42

Segment and Geographic Reporting Information - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015Segment
Segment Reporting [Abstract]
Number of reportable segments	4

Segment and Geographic Report43

Segment and Geographic Reporting Information - Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net sales, Total	$ 800,464	$ 587,051	$ 1,568,461	$ 1,133,569
Gross profit	374,608	269,375	707,148	509,778
Identifiable assets	1,912,525		1,912,525		$ 1,674,918
Additions to property, plant and equipment	18,381	12,557	33,004	23,927
Domestic wholesale [Member]
Segment Reporting Information [Line Items]
Net sales, Total	338,646	256,684	659,975	489,177
Gross profit	135,062	94,186	260,793	178,741
Identifiable assets	1,096,705		1,096,705		979,582
Additions to property, plant and equipment	3,729	2,950	9,417	4,956
International wholesale [Member]
Segment Reporting Information [Line Items]
Net sales, Total	241,872	151,051	527,443	330,134
Gross profit	103,771	64,792	217,148	141,081
Identifiable assets	616,080		616,080		510,063
Additions to property, plant and equipment	4,971	3,929	8,526	4,933
Retail [Member]
Segment Reporting Information [Line Items]
Net sales, Total	212,667	171,881	367,224	300,759
Gross profit	130,669	106,817	220,939	183,578
Identifiable assets	199,497		199,497		185,041
Additions to property, plant and equipment	9,681	5,678	15,061	14,038
E-commerce [Member]
Segment Reporting Information [Line Items]
Net sales, Total	7,279	7,435	13,819	13,499
Gross profit	5,106	$ 3,580	8,268	$ 6,378
Identifiable assets	$ 243		$ 243		$ 232

Segment and Geographic Report44

Segment and Geographic Reporting Information - Geographic Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Net Sales
Net sales, Total	$ 800,464	$ 587,051	$ 1,568,461	$ 1,133,569
Property, plant and equipment, net
Property, plant and equipment, net	381,853		381,853		$ 373,183
Domestic [Member]
Net Sales
Net sales, Total	512,705	402,009	965,869	746,663
Property, plant and equipment, net
Property, plant and equipment, net	336,849		336,849		332,383
Canada [Member]
Net Sales
Net sales, Total	27,641	18,433	50,883	40,118
Property, plant and equipment, net
Property, plant and equipment, net	7,547		7,547		7,203
Other international [Member]
Net Sales
Net sales, Total	260,118	$ 166,609	551,709	$ 346,788
Property, plant and equipment, net
Property, plant and equipment, net	$ 37,457		$ 37,457		$ 33,597