Skechers U.S.A. (SKX) 10-Q 6 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 01, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
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		129,968,874
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		26,278,458

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 510,679	$ 466,685
Trade accounts receivable, less allowances of $23,168 in 2015 and $21,007 in 2014	396,428	272,103
Other receivables	15,642	16,510
Total receivables	412,070	288,613
Inventories	500,201	453,837
Prepaid expenses and other current assets	70,865	57,015
Deferred tax assets	18,866	18,864
Total current assets	1,512,681	1,285,014
Property, plant and equipment, net	388,842	373,183
Other assets	39,131	16,721
Total non-current assets	427,973	389,904
TOTAL ASSETS	1,940,654	1,674,918
Current Liabilities:
Current installments of long-term borrowings	30,565	101,407
Short-term borrowings	57	1,810
Accounts payable	407,612	352,815
Accrued expenses	79,881	49,705
Total current liabilities	518,115	505,737
Long-term borrowings, excluding current installments	70,147	15,081
Other long-term liabilities	26,901	19,993
Total non-current liabilities	97,048	35,074
Total liabilities	$ 615,163	$ 540,811
Commitments and contingencies
Stockholders’ equity:
Preferred Stock, $.001 par value; 10,000 shares authorized; none issued and outstanding
Additional paid-in capital	$ 374,739	$ 355,536
Accumulated other comprehensive loss	(27,528)	(16,077)
Retained earnings	938,104	735,640
Skechers U.S.A., Inc. equity	1,285,468	1,075,249
Noncontrolling interests	40,023	58,858
Total equity	1,325,491	1,134,107
TOTAL LIABILITIES AND EQUITY	1,940,654	1,674,918
Class A Common Stock [Member]
Stockholders’ equity:
Common Stock	127	120
Class B Common Stock [Member]
Stockholders’ equity:
Common Stock	$ 26	$ 30

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Trade accounts receivable, allowances	$ 23,168	$ 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	500,000,000	500,000,000
Common Stock, shares issued	126,651,000	120,863,000
Common Stock, shares outstanding	126,651,000	120,863,000
Class B Common Stock [Member]
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	75,000,000	75,000,000
Common Stock, shares issued	26,278,000	31,410,000
Common Stock, shares outstanding	26,278,000	31,410,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Net sales	$ 856,179	$ 674,270	$ 2,424,640	$ 1,807,839
Cost of sales	469,173	369,772	1,330,486	993,563
Gross profit	387,006	304,498	1,094,154	814,276
Royalty income	2,312	2,070	7,824	6,928
Operating income	389,318	306,568	1,101,978	821,204
Operating expenses:
Selling	63,685	50,239	177,652	140,820
General and administrative	230,048	182,186	628,210	504,325
Operating expenses	293,733	232,425	805,862	645,145
Earnings from operations	95,585	74,143	296,116	176,059
Other income (expense):
Interest income	149	187	493	488
Interest expense	(2,652)	(2,671)	(8,530)	(9,024)
Other, net	(3,409)	(3,898)	(5,180)	(4,832)
Total other income (expense)	(5,912)	(6,382)	(13,217)	(13,368)
Earnings before income tax expense	89,673	67,761	282,899	162,691
Income tax expense	15,839	12,682	60,342	36,351
Net earnings	73,834	55,079	222,557	126,340
Less: Net earnings attributable to non-controlling interests	7,232	3,956	20,093	9,450
Net earnings attributable to Skechers U.S.A., Inc.	$ 66,602	$ 51,123	$ 202,464	$ 116,890
Net earnings per share attributable to Skechers U.S.A., Inc.:
Basic	$ 0.44	$ 0.34	$ 1.33	$ 0.77
Diluted	$ 0.43	$ 0.33	$ 1.31	$ 0.77
Weighted average shares used in calculating net earnings per share attributable to Skechers U.S.A, Inc.:
Basic	152,895	151,882	152,677	151,753
Diluted	154,477	152,954	154,073	152,746

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement Of Income And Comprehensive Income [Abstract]
Net earnings	$ 73,834	$ 55,079	$ 222,557	$ 126,340
Other comprehensive loss, net of tax:
Net unrealized loss on derivative	(1,737)		(1,737)
Loss on foreign currency translation adjustment	(9,158)	(4,611)	(12,037)	(3,509)
Comprehensive income	62,939	50,468	208,783	122,831
Less: Comprehensive income attributable to non-controlling interests	5,118	3,793	17,770	9,312
Comprehensive income attributable to Skechers U.S.A., Inc.	$ 57,821	$ 46,675	$ 191,013	$ 113,519

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net earnings	$ 222,557	$ 126,340
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization of property, plant and equipment	42,467	34,967
Amortization of deferred financing costs	687	901
Amortization of intangible assets	106	701
Provision for bad debts and returns	5,489	9,460
Non-cash share-based compensation	13,547	4,934
Deferred income taxes	2,362	24,664
Other	561	413
(Increase) decrease in assets:
Receivables	(151,003)	(123,410)
Inventories	(53,488)	(7,800)
Prepaid expenses and other current assets	(14,650)	(19,155)
Other assets	(9,866)	662
Increase (decrease) in liabilities:
Accounts payable	60,332	52,703
Accrued expenses	37,254	14,250
Other long-term liabilities	2,808
Net cash provided by operating activities	159,163	119,630
Cash flows from investing activities:
Capital expenditures	(58,199)	(41,976)
Intangible asset additions	(59)
Purchases of investments	(3,369)
Proceeds from sales of investments	144
Net cash used in investing activities	(61,483)	(41,976)
Cash flows from financing activities:
Net proceeds from the issuances of common stock through employee stock purchase plan	2,238	1,721
Payments on long-term debt	(16,537)	(8,986)
Proceeds from long-term debt	762
Proceeds (payments) on short-term borrowings	(1,751)	3
Excess tax benefits from share-based compensation	3,420	209
Contribution from non-controlling interests of consolidated entity	485	83
Distributions to non-controlling interests of consolidated entity	(37,090)	(3,250)
Net cash used in financing activities	(48,473)	(10,220)
Net increase in cash and cash equivalents	49,207	67,434
Effect of exchange rates on cash and cash equivalents	(5,213)	1,345
Cash and cash equivalents at beginning of the period	466,685	372,011
Cash and cash equivalents at end of the period	510,679	440,790
Cash paid during the period for:
Interest	7,295	7,974
Income taxes	$ 59,698	$ 24,179

General

General	9 Months Ended
	Sep. 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 (“GAAP”) 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 GAAP 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 nine months ended September 30, 2015 are not necessarily indicative of the results to be expected for the entire fiscal year ending December 31, 2015. On August 21, 2015, the Company’s board of directors approved a three-for-one stock split, effected in the form of a stock dividend, of both the Company’s Class A and Class B common stock. The stock split was made on October 16, 2015 to shareholders of record at the close of business on October 2, 2015. All share numbers and per share amounts presented in the condensed consolidated financial statements reflect the three-for-one stock split. 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, which are considered Level 2 liabilities, approximates fair value based upon current rates and terms available to the Company for similar debt. As of August 12, 2015, the Company entered into an interest rate swap agreement concurrent with refinancing its domestic distribution center construction loan (see Note 2, Derivative Instruments). The fair value of the interest rate swap was determined using the market standard methodology of netting the discounted future fixed cash payments and the discounted expected variable cash receipts. The variable cash receipt was based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. To comply with GAAP, credit valuation adjustments were incorporated to appropriately reflect both the Company’s nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. The majority of the inputs used to value the interest rate swap were within Level 2 of the fair value hierarchy. As of September 30, 2015, the interest rate swap was a Level 2 derivative and was classified as other long-term liabilities on the Company’s condensed consolidated balance sheet. Use of Estimates The preparation of the condensed consolidated financial statements, in conformity with GAAP, 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 September 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-16, “ Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In July 2015, the FASB issued ASU 2015-11, “ Inventory (Topic 330): Simplifying the Measurement of Inventory In April 2015, the FASB issued ASU 2015-03, “ Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs This guidance requires that debt issuance costs related to a recognized debt liability be presented on the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This guidance simplifies presentation of debt issuance costs but does not address presentation or subsequent measurement of debt issue costs related to line of credit arrangements. In August 2015, the FASB issued ASU 2015-15 “Interest-Imputation of Interest (Subtopic 835-30) Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements” which indicates the Securities and Exchange Commission staff would not object to an entity deferring and presenting debt issuance costs related to line-of-credit arrangements as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. ASU 2015-03 will be In February 2015, the FASB issued ASU 2015-02, “ Amendments to the Consolidation Analysis” In August 2014, the FASB issued ASU 2014-15, which amended the FASB Accounting Standards Codification and amended Subtopic 205-40, “ Presentation of Financial Statements – Going Concern In May 2014, the FASB issued ASU 2014-09, which amended the FASB Accounting Standards Codification (“ASC”) and created a new Topic ASC 606, “ Revenue from Contracts with Customers Revenue Recognition

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments	(2) DERIVATIVE INSTRUMENTS The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage exposure to interest rate movements. To accomplish this objective, the Company used an interest rate swap as part of its interest rate risk management strategy. The Company’s interest rate swap is designated as a cash flow hedge, which involves the receipt of variable amounts from a counterparty in exchange for making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. On August 12, 2015, in connection with refinancing its domestic distribution center loan, described more fully below, the Company entered into a variable-to-fixed interest rate swap agreement with Bank of America, N.A., to hedge the cash flows on the Company’s $70.0 million variable rate debt. As of September 30, 2015, the swap agreement has an aggregate notional amount of $69.9 million and a maturity date of August 12, 2022, subject to early termination commencing on August 1, 2020 at the option of HF Logistics-SKX T1, LLC (“HF-T1”), a wholly-owned subsidiary of the Company’s joint venture HF Logistics-SKX, LLC (the “JV”), Under the terms of the swap agreement, the Company will pay a weighted-average fixed rate of 2.08% on the $69.9 million notional amount and receive payments from the counterparty based on the 30-day LIBOR rate, which both are recorded to interest expense in the Company’s condensed consolidated financial statements. The rate swap agreement utilized by the Company effectively modifies its exposure to interest rate risk by converting the Company’s floating-rate debt to a fixed-rate basis for the next seven years, thus reducing the impact of interest-rate changes on future interest expense. The effective portion of the change in the fair value of the derivative designated and that qualifies as a cash flow hedge is recorded in accumulated other comprehensive income (“AOCI”) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects net earnings. The total net loss, net of taxes, recognized in accumulated other comprehensive (loss) income, related to the Company’s cash flow hedge as of September 30, 2015 was $1.7 million. The Company did not recognize in its condensed consolidated statement of earnings a loss on the Company’s cash flow hedges, due to ineffectiveness, for the three and nine months ended September 30, 2015. The fair value of the fixed-to-variable interest rate swap agreement related to the construction loan (see Note 3 Lines of Credit, Short-Term and Long-Term Borrowings) due 2020 was a liability of $1.7 million at September 30, 2015. By utilizing an interest rate swap, the Company is exposed to credit-related losses in the event that the counterparty fails to perform under the terms of the derivative contract. To mitigate this risk, the Company enters into derivative contracts with major financial institutions based upon credit ratings and other factors. The Company continually assesses the creditworthiness of its counterparties. As of September 30, 2015, all counterparties to the interest rate swap had performed in accordance with their contractual obligations.

Line of Credit, Short-Term and

Line of Credit, Short-Term and Long-Term Borrowings	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Line of Credit, Short-Term and Long-Term Borrowings	( 3 ) LINE OF CREDIT, SHORT-TERM AND LONG-TERM BORROWINGS The Company and its subsidiaries had $2.1 million and $3.4 million of outstanding letters of credit as of September 30, 2015 and December 31, 2014, respectively, and approximately $0.1 million and $1.8 million in short-term borrowings as of September 30, 2015 and December 31, 2014, respectively. Long-term borrowings at September 30, 2015 and December 31, 2014 are as follows (in thousands): 2015 2014 Note payable to banks, due in monthly installments of $249.6 (includes principal and interest), variable-rate interest at 2.19% per annum, secured by property, balloon payment of $62,843 due August 2020 $ 69,879 $ — Note payable to banks, due in monthly installments of $338.4 (includes principal and interest), variable-rate interest at 3.90% per annum, secured by property, balloon payment of $77,060 due October 2015, repaid in August 2015 — 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 13,582 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 15,220 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 1,270 1,489 Loan payable to a bank, due in quarterly installments of $95.2 starting July 2016 (includes principal), variable-rate interest at 11.50% per annum, due April 2018 761 — Subtotal 100,712 116,488 Less current installments 30,565 101,407 Total long-term borrowings $ 70,147 $ 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 the Company’s 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 September 30, 2015 and December 31, 2014, there was $0.1 million outstanding under the Company’s credit facilities, classified as short-term borrowings in the Company’s condensed consolidated balance sheets. The remaining balance in short-term borrowings, as of December 31, 2014, is related to the Company’s joint venture in India. On April 30, 2010, the JV, through HF-T1, entered into a construction loan agreement with Bank of America, N.A. as administrative agent and as a lender, and Raymond James Bank, FSB, as a lender (collectively, the "Construction Loan Agreement"), pursuant to which the JV obtained a loan of up to $55.0 million used for construction of the project on certain property (the "Original Loan"). On November 16, 2012, HF-T1 executed a modification to the Construction Loan Agreement (the "Modification"), which added OneWest Bank, FSB as a lender, increased the borrowings under the Original Loan to $80.0 million and extended the maturity date of the Original Loan to October 30, 2015. On August 11, 2015, the JV, through HF-T1, entered into an amended and restated loan agreement with Bank of America, N.A., as administrative agent and as a lender, and CIT Bank, N.A. (formerly known as OneWest Bank, FSB) and Raymond James Bank, N.A., as lenders (collectively, the "Amended Loan Agreement"), which amends and restates in its entirety the Construction Loan Agreement and the Modification. As of the date of the Amended Loan Agreement, the outstanding principal balance of the Original Loan was $77.3 million. In connection with this refinancing of the Original Loan, the JV, the Company and HF Logistics (“HF”) agreed that the Company would make an additional capital contribution of $38.7 million to the JV, through HF-T1, to make a prepayment on the Original Loan based on the Company’s 50% equity interest in the JV. The prepayment equaled the Company’s 50% share of the outstanding principal balance of the Original Loan. Under the Amended Loan Agreement, the parties agreed that the lenders would loan $70.0 million to HF-T1 (the "New Loan"). The New Loan is being used by the JV, through HF-T1, to (i) refinance all amounts owed on the Original Loan after taking into account the prepayment described above, (ii) pay $0.9 million in accrued interest, loan fees and other closing costs associated with the New Loan and (iii) make a distribution of $31.3 million less the amounts described in clause (ii) to HF. Pursuant to the Amended Loan Agreement, the interest rate on the New Loan is the LIBOR Daily Floating Rate (as defined in the Amended Loan Agreement) plus a margin of 2%. The maturity date of the New Loan is August 12, 2020, which HF-T1 has one option to extend by an additional 24 months, or until August 12, 2022, upon payment of a fee and satisfaction of certain customary conditions. On August 11, 2015, HF-T1 and Bank of America, N.A. entered into an ISDA master agreement (together with the schedule related thereto, the "Swap Agreement") to govern derivative and/or hedging transactions that HF-T1 concurrently entered into with Bank of America, N.A. Pursuant to the Swap Agreement, on August 14, 2015, HF-T1 entered into a confirmation of swap transactions (the "Interest Rate Swap") with Bank of America, N.A. The Interest Rate Swap has an effective date of August 12, 2015 and a maturity date of August 12, 2022, subject to early termination at the option of HF-T1, commencing on August 1, 2020. The Interest Rate Swap fixes the effective interest rate on the New Loan at 4.08% per annum. The Amended Loan Agreement and the Swap Agreement are subject to customary covenants and events of default. Bank of America, N.A. also acts as a lender and syndication agent under the Credit Agreement dated June

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Stockholders' Equity	( 4 ) STOCKHOLDERS’ EQUITY On September 24, 2015, the Company’s stockholders approved an amendment to its Certificate of Incorporation to increase the authorized number of Class A Common Stock from 100 million shares to 500 million shares and Class B Common Stock from 60 million shares to 75 million shares. The amendment increasing the Company’s authorized common stock became effective with the filing of the Certificate of Amendment with the Secretary of State of the State of Delaware on September 24, 2015. During the three months ended September 30, 2015, 1,908,000 shares of Class B common stock were converted into shares of Class A common stock. During the three months ended September 30, 2014, no shares of Class B common stock were converted into shares of Class A common stock. During the nine months ended September 30, 2015, 5,131,296 shares of Class B common stock were converted into shares of Class A common stock. During the nine months ended September 30, 2014, 899,328 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): Nine Months Ended September 30, 2015 2014 Non-controlling interests, beginning of period $ 58,858 $ 49,598 Net earnings attributable to non-controlling interests 20,093 9,450 Foreign currency translation adjustment (2,323 ) (138 ) Capital contribution by non-controlling interests 485 83 Capital distribution to non-controlling interests (37,090 ) (3,250 ) Non-controlling interests, end of period $ 40,023 $ 55,743

Non-Controlling Interests

Non-Controlling Interests	9 Months Ended
	Sep. 30, 2015
Noncontrolling Interest [Abstract]
Non-Controlling Interests	( 5 ) 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 variable interest entities (“VIEs”) under 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 September 30, 2015 December 31, 2014 Current assets $ 2,400 $ 6,812 Noncurrent assets 114,897 118,837 Total assets $ 117,297 $ 125,649 Current liabilities $ 2,771 $ 78,668 Noncurrent liabilities 71,122 1,194 Total liabilities $ 73,893 $ 79,862 Distribution joint ventures (1) September 30, 2015 December 31, 2014 Current assets $ 169,119 $ 94,819 Noncurrent assets 14,749 10,322 Total assets $ 183,868 $ 105,141 Current liabilities $ 81,208 $ 38,470 Noncurrent liabilities 823 66 Total liabilities $ 82,031 $ 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 $7.2 million and $4.0 million for the three months ended September 30, 2015 and 2014, respectively, which represents the share of net earnings that is attributable to the Company’s joint venture partners. Net earnings attributable to non-controlling interests were $20.1 million and $9.5 million for the nine months ended September 30, 2015 and 2014, respectively. HF Logistics-SKX, LLC made capital distributions of $34.7 million and $36.6 million during the three and nine months ended September 30, 2015, respectively. HF Logistics-SKX, LLC made capital distributions of $1.3 million and $2.9 million during the three and nine months ended September 30, 2014, respectively. Skechers China Limited made no capital distributions during the three months ended September 30, 2015 and capital distributions of $0.5 million during the nine months ended September 30, 2015. Skechers China Limited made capital distributions of $0.4 million during the three and nine months ended September 30, 2014. The Company’s distribution joint venture partners made no cash capital contributions during the three months ended September 30, 2015 and cash capital contributions of $0.5 million during the nine months ended September 30, 2015. The Company’s distribution joint venture partners made cash capital contributions of $0.1 million during the three and nine months ended September 30, 2014.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	( 6 ) 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 September 30, Nine Months Ended September 30, Basic earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 66,602 $ 51,123 $ 202,464 $ 116,890 Weighted average common shares outstanding 152,895 151,882 152,677 151,753 Basic earnings per share attributable to Skechers U.S.A., Inc. $ 0.44 $ 0.34 $ 1.33 $ 0.77 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 September 30, Nine Months Ended September 30, Diluted earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 66,602 $ 51,123 $ 202,464 $ 116,890 Weighted average common shares outstanding 152,895 151,882 152,677 151,753 Dilutive effect of nonvested shares 1,582 1,072 1,396 993 Weighted average common shares outstanding 154,477 152,954 154,073 152,746 Diluted earnings per share attributable to Skechers U.S.A., Inc. $ 0.43 $ 0.33 $ 1.31 $ 0.77

Stock Compensation

Stock Compensation	9 Months Ended
	Sep. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Compensation	( 7 ) STOCK COMPENSATION For stock-based awards the Company recognized compensation expense based on the grant date fair value. Share-based compensation expense was $4.7 million and $2.0 million for the three months ended September 30, 2015 and 2014, respectively. Share-based compensation expense was $13.5 million and $4.9 million for the nine months ended September 30, 2015 and 2014, respectively. A summary of the status and changes of the Company’s nonvested shares related to the Company’s Equity Incentive Plans as of and for the nine months ended September 30, 2015 is presented below: Shares Weighted Average Grant-Date Fair Value Nonvested at December 31, 2014 3,791,499 $ 14.46 Granted 40,500 29.83 Vested (513,999 ) 10.03 Nonvested at September 30, 2015 3,318,000 $ 15.33 As of September 30, 2015, there was $37.3 million of unrecognized compensation cost related to nonvested common shares. The cost is expected to be amortized over a weighted average period of 2.1 years.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	( 8 ) INCOME TAXES Income tax expense and the effective tax rate for the three and nine months ended September 30, 2015 and 2014 were as follows (in thousands, except the effective tax rate): Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Income tax expense $ 15,839 $ 12,682 60,342 $ 36,351 Effective tax rate 17.7 % 18.7 % 21.3 % 22.3 % The tax provision for the three and nine months ended September 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 20% and 23%, 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 months ended September 30, 2015, the decrease in the effective tax rate was primarily due to an increase in the amount of foreign earnings relative to domestic earnings as compared to the same period in the prior year. For the nine months ended September 30, 2015, the decrease in the effective tax rate was primarily due to the reduction in the balance of unrecognized tax benefits resulting from the lapse of the statute of limitations in certain foreign jurisdictions. As of September 30, 2015, the Company had approximately $510.7 million in cash and cash equivalents, of which $198.7 million, or 38.9%, was held outside the U.S. Of the $198.7 million held by the Company’s foreign subsidiaries, approximately $26.5 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. 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	9 Months Ended
	Sep. 30, 2015
Risks And Uncertainties [Abstract]
Business and Credit Concentrations	( 9 ) 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 $199.1 million and $166.9 million before allowances for bad debts, sales returns and chargebacks at September 30, 2015 and December 31, 2014, respectively. Foreign accounts receivable, which in some cases are collateralized by letters of credit, were equal to $220.5 million and $126.2 million before allowance for bad debts, sales returns and chargebacks at September 30, 2015 and December 31, 2014, respectively. The Company’s credit losses attributable to write-offs for the three months ended September 30, 2015 and 2014 were $1.5 million and $1.9 million, respectively. The Company’s credit losses attributable to write-offs for the nine months ended September 30, 2015 and 2014 were $2.2 million and $6.8 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 $677.7 million and $548.9 million at September 30, 2015 and December 31, 2014, respectively. The Company’s net sales to its five largest customers accounted for approximately 13.4% and 14.8% of total net sales for the three months ended September 30, 2015 and 2014, respectively. The Company’s net sales to its five largest customers accounted for approximately 15.1% and 15.9% of total net sales for the nine months ended September 30, 2015 and 2014, respectively. No customer accounted for more than 10% of the Company’s net sales during the three and nine months ended September 30, 2015 and 2014. No customer accounted for more than 10% of net trade receivables at September 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 nine months ended September 30, 2015 and 2014: Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Manufacturer #1 41.2 % 41.2 % 41.4 % 38.0 % Manufacturer #2 8.4 % 6.4 % 7.6 % 5.7 % Manufacturer #3 3.5 % 5.1 % 4.9 % 5.5 % Manufacturer #4 3.3 % 4.6 % 3.4 % 5.3 % Manufacturer #5 3.3 % 4.4 % 3.1 % 4.4 % 59.7 % 61.7 % 60.4 % 58.9 % 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	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment and Geographic Reporting Information	( 10 ) 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 September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net sales: Domestic wholesale $ 300,114 $ 268,449 $ 960,089 $ 757,626 International wholesale 319,551 209,041 846,994 539,175 Retail 229,864 190,178 597,088 490,936 E-commerce 6,650 6,602 20,469 20,102 Total $ 856,179 $ 674,270 $ 2,424,640 $ 1,807,839 Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Gross profit: Domestic wholesale $ 113,748 $ 100,543 $ 374,541 $ 279,284 International wholesale 132,460 87,493 349,608 228,574 Retail 135,996 113,428 356,934 297,006 E-commerce 4,802 3,034 13,071 9,412 Total $ 387,006 $ 304,498 $ 1,094,154 $ 814,276 September 30, 2015 December 31, 2014 Identifiable assets: Domestic wholesale $ 1,096,949 $ 979,582 International wholesale 628,039 510,063 Retail 215,447 185,041 E-commerce 219 232 Total $ 1,940,654 $ 1,674,918 Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Additions to property, plant and equipment: Domestic wholesale $ 7,609 $ 752 $ 17,025 $ 5,708 International wholesale 3,750 9,924 12,276 14,858 Retail 13,836 7,373 28,898 21,410 Total $ 25,195 $ 18,049 $ 58,199 $ 41,976 Geographic Information: The following summarizes the Company’s operations in different geographic areas for the period indicated (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net Sales (1): United States $ 486,168 $ 427,508 $ 1,452,036 $ 1,174,172 Canada 32,663 28,071 83,546 68,188 Other international (2) 337,348 218,691 889,058 565,479 Total $ 856,179 $ 674,270 $ 2,424,640 $ 1,807,839 September 30, 2015 December 31, 2014 Property, plant and equipment, net: United States $ 338,557 $ 332,383 Canada 8,541 7,203 Other international (2) 41,744 33,597 Total $ 388,842 $ 373,183 (1) The Company has subsidiaries in Austria, Belgium, Brazil, Canada, Chile, France, Germany, Hungary, Italy, Japan, the Netherlands, Panama, 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, Macedonia, Montenegro, the Netherlands, Panama, Poland, Portugal, Serbia, Singapore, Spain, Switzerland, Thailand, Vietnam, and the United Kingdom.

Litigation

Litigation	9 Months Ended
	Sep. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
Litigation	(1 1 ) LITIGATION The Company recognizes legal expense in connection with loss contingencies as incurred. Personal Injury Lawsuits Involving Shape-ups — As previously reported, on February 20, 2011, Skechers U.S.A., Inc., Skechers U.S.A., Inc. II and Skechers Fitness Group were named as defendants in a lawsuit that alleged, among other things, that Shape-ups are defective and unreasonably dangerous, negligently designed and/or manufactured, and do not conform to representations made by the Company, and that the Company failed to provide adequate warnings of alleged risks associated with Shape-ups. In total, the Company is named as a defendant in 1,181 currently pending cases (some on behalf of multiple plaintiffs) filed in various courts that assert further varying injuries but employ similar legal theories and assert similar claims to the first case, as well as claims for breach of express and implied warranties, loss of consortium, and fraud. Although there are some variations in the relief sought, the plaintiffs generally seek compensatory and/or economic damages, exemplary and/or punitive damages, and attorneys’ fees and costs. On December 19, 2011, the Judicial Panel on Multidistrict Litigation issued an order establishing a multidistrict litigation (“MDL”) proceeding in the United States District Court for the Western District of Kentucky entitled In re Skechers Toning Shoe Products Liability Litigation, Skechers U.S.A., Inc., Skechers U.S.A., Inc. II and Skechers Fitness Group also have been named as defendants in a total of 72 personal injury actions filed in various Superior Courts of the State of California that were brought on behalf of 920 individual plaintiffs (360 of whom also submitted MDL court-approved questionnaires for mediation purposes in the MDL proceeding). Of those cases, 68 were originally filed in the Superior Court for the County of Los Angeles (the “LASC cases”). On August 20, 2014, the Judicial Council of California granted a petition by the Company to coordinate all personal injury actions filed in California that relate to Shape-ups with the LASC cases (collectively, the “LASC Coordinated Cases”). On October 6, 2014, three cases that had been pending in other counties were transferred to and coordinated with the LASC Coordinated Cases. On April 17, 2015, an additional case was transferred to and coordinated with the LASC Coordinated Cases. Four of the actions originally filed as LASC cases, brought on behalf of a total of 6 plaintiffs, have been dismissed. The claims of 44 additional plaintiffs have been dismissed entirely from certain of the lawsuits, either voluntarily, on motion by the Company, or pursuant to a settlement agreement. The claims of 21 additional persons have been dismissed in part, either voluntarily or on motions by the Company. Thus, the LASC Coordinated Cases currently involve 68 pending personal injury lawsuits brought on behalf of a total of 870 plaintiffs. On March 12, 2014, the Superior Court selected twelve plaintiffs as bellwether cases to be set for one or more trials starting in March 2015. To date, extensive written discovery and document productions have taken place in the LASC cases. Over twenty fact witness depositions have been taken (all of which were cross-noticed in the MDL), as have eight expert depositions. Two of the bellwether cases have settled and one bellwether plaintiff dismissed her action after the Company filed a motion for summary judgment. On January 7, 2015, the Court vacated the March 2015 initial bellwether trial date and granted the Company’s motions for summary adjudication in five bellwether cases with respect to those plaintiffs’ advertising-related claims, including their claims for breach of warranty, fraud, and violations of consumer protection laws. On February 25, 2015, the Court granted the Company’s motions for summary adjudication in the four remaining bellwether cases with respect to those plaintiffs’ advertising-related claims, including their claims for breach of warranty, fraud, and violations of consumer protection laws; the Court also granted the Company’s summary adjudication motions as to two of the four plaintiffs’ products liability claims for an alleged failure to warn, and took under submission the portion of the Company’s motions seeking summary adjudication of all four plaintiffs’ products liability claims for alleged design defects. On November 3, 2015, the Company finalized a settlement with 460 plaintiffs in the LASC cases, including all of the bellwether plaintiffs. On August 26, 2015, the Court vacated the pending trial dates. On October 27, 2015, the Court opened discovery in the remaining LASC cases. No new trial dates have been set. In other state courts, a total of 11 personal injury actions (some on behalf of numerous plaintiffs) The personal injury cases in the MDL and LASC Coordinated Cases and in other state courts are in many instances solicited and handled by the same plaintiffs law firms. Mediations were held with these laws firms on May 18, June 18, and July 24, 2015. Settlements in principle have been reached with attorneys who claim to represent over 2,650 current or potential claimants. The settlements involve complex monetary and non-monetary terms that still have to be negotiated and documented. If the group settlements are not finalized and the litigation proceeds, it is too early to predict the outcome of any case, whether adverse results in any single case or in the aggregate would have a material adverse impact on the Company’s operations or financial position, and whether insurance coverage will be adequate to cover any losses. Notwithstanding, the Company believes is has meritorious defenses, vehemently deny the allegations and intend to defend each of these cases vigorously. In addition, even if the global settlement is finalized, it is too early to predict whether there will be future personal injury cases filed which are not covered by the settlement, whether adverse results in any single case or in the aggregate would have a material adverse impact on the Company’s operations or financial position, and whether insurance coverage will be available and/or adequate to cover any losses. Converse, Inc. v. Skechers U.S.A., Inc. — On October 14, 2014, Converse filed an action against the Company in the United States District Court for the Eastern District of New York, Brooklyn Division, Case 1:14-cv-05977-DLI-MDG, alleging trademark infringement, false designation of origin, unfair competition, trademark dilution and deceptive practices arising out of the Company’s alleged use of certain design elements on footwear. The complaint seeks, among other things, injunctive relief, profits, actual damages, enhanced damages, punitive damages, costs and attorneys’ fees. On October 14, 2014, Converse also filed a complaint naming 27 respondents including the Company with the U.S. International Trade Commission (the “ITC” or “Commission”), Federal Register Doc. 2014-24890, alleging violations of federal law in the importation into and the sale within the United States of certain footwear. Converse has requested that the Commission issue a general exclusion order, or in the alternative a limited exclusion order, and cease and desist orders. On December 8, 2014, the District Court stayed the proceedings before it. On December 19, 2014, The Company responded to the ITC complaint, denying the material allegations and asserting affirmative defenses. A trial before an administrative law judge of the ITC was held in August 2015 and a decision is expected to be issued shortly. While it is too early to predict the outcome of these legal proceedings or whether an adverse result in either or both of them would have a material adverse impact on the Company’s operations or financial position, the Company believes it has meritorious defenses and intend to defend these legal matters vigorously. The Company has reserved $5.0 million for costs and potential exposure related to the settlement of the foregoing personal injury lawsuits. Additionally, the Company has recorded an expense of $5.9 million in legal fees and associated costs related to the Converse litigation. Both of these amounts are included in general and administrative expense in the accompanying condensed consolidated statement of operations for the quarter ended September 30, 2015. Although management believes the Company’s third quarter reserve of $10.9 million appropriately reflect the current estimated range of loss, it is not possible to predict the final outcome of the related proceedings or any other pending legal proceedings and, consequently, the final exposure and costs associated with pending legal proceedings could have a further material adverse impact on the Company’s result of operations or financial position. In accordance with GAAP, 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 September 30, 2015, nor is it possible to estimate what litigation-related costs will be in the future.

General (Policies)

General (Policies)	9 Months Ended
	Sep. 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 (“GAAP”) 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 GAAP 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 nine months ended September 30, 2015 are not necessarily indicative of the results to be expected for the entire fiscal year ending December 31, 2015. On August 21, 2015, the Company’s board of directors approved a three-for-one stock split, effected in the form of a stock dividend, of both the Company’s Class A and Class B common stock. The stock split was made on October 16, 2015 to shareholders of record at the close of business on October 2, 2015. All share numbers and per share amounts presented in the condensed consolidated financial statements reflect the three-for-one stock split.
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, which are considered Level 2 liabilities, approximates fair value based upon current rates and terms available to the Company for similar debt. As of August 12, 2015, the Company entered into an interest rate swap agreement concurrent with refinancing its domestic distribution center construction loan (see Note 2, Derivative Instruments). The fair value of the interest rate swap was determined using the market standard methodology of netting the discounted future fixed cash payments and the discounted expected variable cash receipts. The variable cash receipt was based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. To comply with GAAP, credit valuation adjustments were incorporated to appropriately reflect both the Company’s nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. The majority of the inputs used to value the interest rate swap were within Level 2 of the fair value hierarchy. As of September 30, 2015, the interest rate swap was a Level 2 derivative and was classified as other long-term liabilities on the Company’s condensed consolidated balance sheet.
Use of Estimates	Use of Estimates The preparation of the condensed consolidated financial statements, in conformity with GAAP, 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 September 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-16, “ Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In July 2015, the FASB issued ASU 2015-11, “ Inventory (Topic 330): Simplifying the Measurement of Inventory In April 2015, the FASB issued ASU 2015-03, “ Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs This guidance requires that debt issuance costs related to a recognized debt liability be presented on the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This guidance simplifies presentation of debt issuance costs but does not address presentation or subsequent measurement of debt issue costs related to line of credit arrangements. In August 2015, the FASB issued ASU 2015-15 “Interest-Imputation of Interest (Subtopic 835-30) Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements” which indicates the Securities and Exchange Commission staff would not object to an entity deferring and presenting debt issuance costs related to line-of-credit arrangements as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. ASU 2015-03 will be In February 2015, the FASB issued ASU 2015-02, “ Amendments to the Consolidation Analysis” In August 2014, the FASB issued ASU 2014-15, which amended the FASB Accounting Standards Codification and amended Subtopic 205-40, “ Presentation of Financial Statements – Going Concern In May 2014, the FASB issued ASU 2014-09, which amended the FASB Accounting Standards Codification (“ASC”) and created a new Topic ASC 606, “ Revenue from Contracts with Customers Revenue Recognition

Line of Credit, Short-Term an19

Line of Credit, Short-Term and Long-Term Borrowings (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Long-Term Borrowings	Long-term borrowings at September 30, 2015 and December 31, 2014 are as follows (in thousands): 2015 2014 Note payable to banks, due in monthly installments of $249.6 (includes principal and interest), variable-rate interest at 2.19% per annum, secured by property, balloon payment of $62,843 due August 2020 $ 69,879 $ — Note payable to banks, due in monthly installments of $338.4 (includes principal and interest), variable-rate interest at 3.90% per annum, secured by property, balloon payment of $77,060 due October 2015, repaid in August 2015 — 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 13,582 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 15,220 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 1,270 1,489 Loan payable to a bank, due in quarterly installments of $95.2 starting July 2016 (includes principal), variable-rate interest at 11.50% per annum, due April 2018 761 — Subtotal 100,712 116,488 Less current installments 30,565 101,407 Total long-term borrowings $ 70,147 $ 15,081

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2015
Equity [Abstract]
Equity Attributable to Noncontrolling Interests	The following table reconciles equity attributable to noncontrolling interests (in thousands): Nine Months Ended September 30, 2015 2014 Non-controlling interests, beginning of period $ 58,858 $ 49,598 Net earnings attributable to non-controlling interests 20,093 9,450 Foreign currency translation adjustment (2,323 ) (138 ) Capital contribution by non-controlling interests 485 83 Capital distribution to non-controlling interests (37,090 ) (3,250 ) Non-controlling interests, end of period $ 40,023 $ 55,743

Non-Controlling Interests (Tabl

Non-Controlling Interests (Tables)	9 Months Ended
	Sep. 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 September 30, 2015 December 31, 2014 Current assets $ 2,400 $ 6,812 Noncurrent assets 114,897 118,837 Total assets $ 117,297 $ 125,649 Current liabilities $ 2,771 $ 78,668 Noncurrent liabilities 71,122 1,194 Total liabilities $ 73,893 $ 79,862 Distribution joint ventures (1) September 30, 2015 December 31, 2014 Current assets $ 169,119 $ 94,819 Noncurrent assets 14,749 10,322 Total assets $ 183,868 $ 105,141 Current liabilities $ 81,208 $ 38,470 Noncurrent liabilities 823 66 Total liabilities $ 82,031 $ 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)	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, Basic earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 66,602 $ 51,123 $ 202,464 $ 116,890 Weighted average common shares outstanding 152,895 151,882 152,677 151,753 Basic earnings per share attributable to Skechers U.S.A., Inc. $ 0.44 $ 0.34 $ 1.33 $ 0.77
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 September 30, Nine Months Ended September 30, Diluted earnings per share 2015 2014 2015 2014 Net earnings attributable to Skechers U.S.A., Inc. $ 66,602 $ 51,123 $ 202,464 $ 116,890 Weighted average common shares outstanding 152,895 151,882 152,677 151,753 Dilutive effect of nonvested shares 1,582 1,072 1,396 993 Weighted average common shares outstanding 154,477 152,954 154,073 152,746 Diluted earnings per share attributable to Skechers U.S.A., Inc. $ 0.43 $ 0.33 $ 1.31 $ 0.77

Stock Compensation (Tables)

Stock Compensation (Tables)	9 Months Ended
	Sep. 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 the Company’s nonvested shares related to the Company’s Equity Incentive Plans as of and for the nine months ended September 30, 2015 is presented below: Shares Weighted Average Grant-Date Fair Value Nonvested at December 31, 2014 3,791,499 $ 14.46 Granted 40,500 29.83 Vested (513,999 ) 10.03 Nonvested at September 30, 2015 3,318,000 $ 15.33

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 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 nine months ended September 30, 2015 and 2014 were as follows (in thousands, except the effective tax rate): Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Income tax expense $ 15,839 $ 12,682 60,342 $ 36,351 Effective tax rate 17.7 % 18.7 % 21.3 % 22.3 %

Business and Credit Concentra25

Business and Credit Concentrations (Tables)	9 Months Ended
	Sep. 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 nine months ended September 30, 2015 and 2014: Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Manufacturer #1 41.2 % 41.2 % 41.4 % 38.0 % Manufacturer #2 8.4 % 6.4 % 7.6 % 5.7 % Manufacturer #3 3.5 % 5.1 % 4.9 % 5.5 % Manufacturer #4 3.3 % 4.6 % 3.4 % 5.3 % Manufacturer #5 3.3 % 4.4 % 3.1 % 4.4 % 59.7 % 61.7 % 60.4 % 58.9 %

Segment and Geographic Report26

Segment and Geographic Reporting Information (Tables)	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net sales: Domestic wholesale $ 300,114 $ 268,449 $ 960,089 $ 757,626 International wholesale 319,551 209,041 846,994 539,175 Retail 229,864 190,178 597,088 490,936 E-commerce 6,650 6,602 20,469 20,102 Total $ 856,179 $ 674,270 $ 2,424,640 $ 1,807,839 Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Gross profit: Domestic wholesale $ 113,748 $ 100,543 $ 374,541 $ 279,284 International wholesale 132,460 87,493 349,608 228,574 Retail 135,996 113,428 356,934 297,006 E-commerce 4,802 3,034 13,071 9,412 Total $ 387,006 $ 304,498 $ 1,094,154 $ 814,276 September 30, 2015 December 31, 2014 Identifiable assets: Domestic wholesale $ 1,096,949 $ 979,582 International wholesale 628,039 510,063 Retail 215,447 185,041 E-commerce 219 232 Total $ 1,940,654 $ 1,674,918 Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Additions to property, plant and equipment: Domestic wholesale $ 7,609 $ 752 $ 17,025 $ 5,708 International wholesale 3,750 9,924 12,276 14,858 Retail 13,836 7,373 28,898 21,410 Total $ 25,195 $ 18,049 $ 58,199 $ 41,976
Geographic Information	Geographic Information: The following summarizes the Company’s operations in different geographic areas for the period indicated (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Net Sales (1): United States $ 486,168 $ 427,508 $ 1,452,036 $ 1,174,172 Canada 32,663 28,071 83,546 68,188 Other international (2) 337,348 218,691 889,058 565,479 Total $ 856,179 $ 674,270 $ 2,424,640 $ 1,807,839 September 30, 2015 December 31, 2014 Property, plant and equipment, net: United States $ 338,557 $ 332,383 Canada 8,541 7,203 Other international (2) 41,744 33,597 Total $ 388,842 $ 373,183 (1) The Company has subsidiaries in Austria, Belgium, Brazil, Canada, Chile, France, Germany, Hungary, Italy, Japan, the Netherlands, Panama, 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, Macedonia, Montenegro, the Netherlands, Panama, Poland, Portugal, Serbia, Singapore, Spain, Switzerland, Thailand, Vietnam, and the United Kingdom.

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 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

General - Additional Informatio

General - Additional Information (Detail)	Aug. 21, 2015	Sep. 30, 2015
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Interest rate swap agreement date		Aug. 12, 2015
Class A and Class B Common Stock [Member]
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Common stock split ratio	3
Dividend payable date to common stock shareholders	Oct. 16, 2015
Dividend record date on common stock	Oct. 2, 2015

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Detail)	3 Months Ended	9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2015USD ($)
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Interest rate swap agreement date		Aug. 12, 2015
Cash flow hedge, variable rate debt	$ 70,000,000	$ 70,000,000
Derivative notional amount	$ 69,900,000	$ 69,900,000
Maturity date of swap agreement		Aug. 12, 2022
Weighted-average fixed rate	2.08%	2.08%
Derivative instrument interest rate description		30-day LIBOR rate
Interest rate risk converted years		7 years
Total net loss, net of taxes, recognized in accumulated other comprehensive (loss) income related to cash flow hedge	$ 1,700,000	$ 1,700,000
Loss recognized on cash flow hedges	0	$ 0
Construction loan due		2,020
Derivative liabilities	$ 1,700,000	$ 1,700,000

Line of Credit, Short-Term an30

Line of Credit, Short-Term and Long-Term Borrowings - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2015	Aug. 11, 2015	Dec. 31, 2014
Line Of Credit Facility [Line Items]
Outstanding letters of credit	$ 2,100,000		$ 3,400,000
Short-term borrowings	57,000		1,810,000
Increase in maximum amount of credit facility	100,000,000
Maximum limit for letters of credit	$ 100,000,000
Line of credit facility, expiration period	5 years
Line of credit facility, outstanding amount	$ 100,000		$ 100,000
Interest rate swap agreement date	Aug. 12, 2015
Maturity date of swap agreement	Aug. 12, 2022
Joint Venture with HF Logistics [Member]
Line Of Credit Facility [Line Items]
Capital contribution made by the company	$ 38,700,000
Ownership percentage joint venture	50.00%
Interest Rate Swap | Joint Venture with HF Logistics [Member]
Line Of Credit Facility [Line Items]
Interest rate swap agreement date	Aug. 14, 2015
Derivative effective dates	Aug. 12, 2015
Maturity date of swap agreement	Aug. 12, 2022
Derivative early termination date	Aug. 1, 2020
Effective fixed interest rate of loan with swap	4.08%
Credit Agreement
Line Of Credit Facility [Line Items]
Maximum amount of credit facility	$ 250,000,000
Maturity date of credit agreement	Jun. 30, 2020
Line of credit facility, interest rate	Borrowings bear interest at the Company’s 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%
Debt closing and arrangement fees	$ 1,100,000
Credit Agreement | 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%
Credit Agreement | 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%
Original Loan | Joint Venture with HF Logistics [Member]
Line Of Credit Facility [Line Items]
Outstanding principal balance of the original loan		$ 77,300,000
Original Loan | Construction Loan Agreement
Line Of Credit Facility [Line Items]
Original maximum limit of borrowing under loan agreement	$ 55,000,000
Increase in borrowings under Loan	$ 80,000,000
Debt instrument maturity date	Oct. 30, 2015
New Loan | Joint Venture with HF Logistics [Member]
Line Of Credit Facility [Line Items]
Debt instrument maturity date	Aug. 12, 2020
Current borrowing capacity	$ 70,000,000
Payment of accrued interest, loan fees and other closing costs	900,000
Distribution made by JV	$ 31,300,000
New Loan | LIBOR Loans [Member] | Joint Venture with HF Logistics [Member]
Line Of Credit Facility [Line Items]
Line of credit facility, interest rate	Floating Rate (as defined in the Amended Loan Agreement) plus a margin of 2%.
Interest rate of line of credit agreement	2.00%

Line of Credit, Short-Term an31

Line of Credit, Short-Term and Long-Term Borrowings - Long-Term Borrowings (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term borrowings	$ 100,712	$ 116,488
Less current installments	30,565	101,407
Total long-term borrowings	70,147	15,081
Notes payable to banks [Member] | Modified loan agreement [Member]
Debt Instrument [Line Items]
Long-term borrowings	69,879
Notes payable to banks [Member] | Master agreement one [Member]
Debt Instrument [Line Items]
Long-term borrowings		77,900
Notes payable to banks [Member] | Master agreement two [Member]
Debt Instrument [Line Items]
Long-term borrowings	13,582	17,940
Notes payable to banks [Member] | Master agreement three [Member]
Debt Instrument [Line Items]
Long-term borrowings	15,220	19,159
Notes payable to TCF Finance [Member] | Equipment agreement [Member]
Debt Instrument [Line Items]
Long-term borrowings	1,270	$ 1,489
Loans Payable To Banks [Member] | Master agreement four [Member]
Debt Instrument [Line Items]
Long-term borrowings	$ 761

Line of Credit, Short-Term an32

Line of Credit, Short-Term and Long-Term Borrowings - Long-Term Borrowings (Parenthetical) (Detail) - Notes payable to banks [Member]	9 Months Ended
	Sep. 30, 2015USD ($)
Modified loan agreement [Member]
Debt Instrument [Line Items]
Monthly repayment installment of note payable	$ 249,600
Variable interest rate of note payable	2.19%
Balloon payment required under note payable	$ 62,843,000
Due date for note payable	2020-08
Frequency of periodic payment	Monthly
Master agreement one [Member]
Debt Instrument [Line Items]
Monthly repayment installment of note payable	$ 338,400
Variable interest rate of note payable	3.90%
Balloon payment required under note payable	$ 77,060,000
Due date for note payable	2015-10
Frequency of periodic payment	Monthly
Master agreement two [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 three [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
Master agreement four [Member]
Debt Instrument [Line Items]
Monthly repayment installment of note payable	$ 95,200
Variable interest rate of note payable	11.50%
Due date for note payable	2018-04
Frequency of periodic payment	Quarterly

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 24, 2015	Dec. 31, 2014
Class B Common Stock [Member]
Class of Stock [Line Items]
Certain Class B stockholders converted into Class A	1,908,000	0	5,131,296	899,328
Common Stock, shares authorized	75,000,000		75,000,000			75,000,000
Class B Common Stock [Member] | Minimum [Member]
Class of Stock [Line Items]
Common Stock, shares authorized					60,000,000
Class B Common Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Common Stock, shares authorized					75,000,000
Class A Common Stock [Member]
Class of Stock [Line Items]
Shares issued as a part of conversion	1,908,000	0	5,131,296	899,328
Common Stock, shares authorized	500,000,000		500,000,000			500,000,000
Class A Common Stock [Member] | Minimum [Member]
Class of Stock [Line Items]
Common Stock, shares authorized					100,000,000
Class A Common Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Common Stock, shares authorized					500,000,000

Stockholders' Equity - Equity A

Stockholders' Equity - Equity Attributable to Noncontrolling Interests (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Noncontrolling Interest [Abstract]
Non-controlling interests, beginning of period			$ 58,858	$ 49,598
Net earnings attributable to non-controlling interests	$ 7,232	$ 3,956	20,093	9,450
Foreign currency translation adjustment			(2,323)	(138)
Capital contribution by non-controlling interests			485	83
Capital distribution to non-controlling interests			(37,090)	(3,250)
Non-controlling interests, end of period	$ 40,023	$ 55,743	$ 40,023	$ 55,743

Non-Controlling Interests - Car

Non-Controlling Interests - Carrying Amounts and Classification of Assets and Liabilities for VIEs (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Variable Interest Entity [Line Items]
Current assets	$ 1,512,681	$ 1,285,014
Noncurrent assets	427,973	389,904
TOTAL ASSETS	1,940,654	1,674,918
Current liabilities	518,115	505,737
Noncurrent liabilities	97,048	35,074
Total liabilities	615,163	540,811
Variable interest entity, primary beneficiary [Member] | HF Logistics-SKX, LLC [Member]
Variable Interest Entity [Line Items]
Current assets	2,400	6,812
Noncurrent assets	114,897	118,837
TOTAL ASSETS	117,297	125,649
Current liabilities	2,771	78,668
Noncurrent liabilities	71,122	1,194
Total liabilities	73,893	79,862
Variable interest entity, primary beneficiary [Member] | Distribution joint ventures [Member]
Variable Interest Entity [Line Items]
Current assets	169,119	94,819
Noncurrent assets	14,749	10,322
TOTAL ASSETS	183,868	105,141
Current liabilities	81,208	38,470
Noncurrent liabilities	823	66
Total liabilities	$ 82,031	$ 38,536

Non-Controlling Interests - Add

Non-Controlling Interests - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Variable Interest Entity [Line Items]
Net earnings attributable to non-controlling interests	$ 7,232	$ 3,956	$ 20,093	$ 9,450
Capital distributions to non-controlling interest			37,090	3,250
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	34,700	1,300	36,600	2,900
Variable interest entity, primary beneficiary [Member] | Skechers China Limited [Member]
Variable Interest Entity [Line Items]
Capital distributions to non-controlling interest	0	400	500	400
Variable interest entity, primary beneficiary [Member] | Other Distribution Joint Ventures [Member]
Variable Interest Entity [Line Items]
Capital contributions from non-controlling interest	$ 0	$ 100	$ 500	$ 100

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		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Basic earnings per share
Net earnings attributable to Skechers U.S.A., Inc.	$ 66,602	$ 51,123	$ 202,464	$ 116,890
Weighted average common shares outstanding	152,895	151,882	152,677	151,753
Basic earnings per share attributable to Skechers U.S.A., Inc.	$ 0.44	$ 0.34	$ 1.33	$ 0.77

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		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Diluted earnings per share
Net earnings attributable to Skechers U.S.A., Inc.	$ 66,602	$ 51,123	$ 202,464	$ 116,890
Weighted average common shares outstanding	152,895	151,882	152,677	151,753
Dilutive effect of nonvested shares	1,582	1,072	1,396	993
Weighted average common shares outstanding	154,477	152,954	154,073	152,746
Diluted earnings per share attributable to Skechers U.S.A., Inc.	$ 0.43	$ 0.33	$ 1.31	$ 0.77

Stock Compensation - Additional

Stock Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-based compensation expense	$ 4.7	$ 2	$ 13.5	$ 4.9
Unrecognized compensation cost related to nonvested common shares	$ 37.3		$ 37.3
Weighted average period for recognition of cost			2 years 1 month 6 days

Stock Compensation - Summary of

Stock Compensation - Summary of Nonvested Shares Related to Equity Incentive Plans (Detail)	9 Months Ended
	Sep. 30, 2015$ / sharesshares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Nonvested, Shares, Beginning of Period | shares	3,791,499
Granted, Shares | shares	40,500
Vested, Shares | shares	(513,999)
Nonvested, Shares, End of Period | shares	3,318,000
Nonvested, Weighted Average Grant-Date Fair Value, Beginning of Period	$ 14.46
Granted, Weighted Average Grant-Date Fair Value	29.83
Vested, Weighted Average Grant-Date Fair Value	10.03
Nonvested, Weighted Average Grant-Date Fair Value, End of Period	$ 15.33

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Expense and Effective Tax Rate (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Income tax expense	$ 15,839	$ 12,682	$ 60,342	$ 36,351
Effective tax rate	17.70%	18.70%	21.30%	22.30%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Schedule Of Income Taxes [Line Items]
Effective tax rate	17.70%	18.70%	21.30%	22.30%
U.S. federal and state statutory rate	39.00%		39.00%
Cash and cash equivalents	$ 510,679	$ 440,790	$ 510,679	$ 440,790	$ 466,685	$ 372,011
Repatriation of earnings			26,500
Non-US [Member]
Schedule Of Income Taxes [Line Items]
Cash and cash equivalents	$ 198,700		$ 198,700
Non-US [Member] | Geographic concentration risk [Member]
Schedule Of Income Taxes [Line Items]
Percentage of cash and cash equivalents			38.90%
Minimum [Member]
Schedule Of Income Taxes [Line Items]
Effective tax rate			20.00%
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			23.00%
Maximum [Member] | Non-U.S jurisdictions [Member]
Schedule Of Income Taxes [Line Items]
Statutory federal rate			34.00%

Business and Credit Concentra43

Business and Credit Concentrations - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2015USD ($)Customer	Sep. 30, 2014USD ($)Customer	Sep. 30, 2015USD ($)Customer	Sep. 30, 2014USD ($)Customer	Dec. 31, 2014USD ($)Customer
Concentration Risk [Line Items]
Credit losses attributable to write-offs	$ 1.5	$ 1.9	$ 2.2	$ 6.8
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	13.40%	14.80%	15.10%	15.90%
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	$ 199.1		$ 199.1		$ 166.9
Outside U.S. [Member]
Concentration Risk [Line Items]
Accounts receivable	220.5		220.5		126.2
Net total assets held outside the United States	$ 677.7		$ 677.7		$ 548.9

Business and Credit Concentra44

Business and Credit Concentrations - Company's Top Five Manufacturers Produced (Detail) - Cost of Goods, Total [Member] - Supplier Concentration Risk [Member]	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Concentration Risk [Line Items]
Percentage of total production	59.70%	61.70%	60.40%	58.90%
Manufacturer One [Member]
Concentration Risk [Line Items]
Percentage of total production	41.20%	41.20%	41.40%	38.00%
Manufacturer Two [Member]
Concentration Risk [Line Items]
Percentage of total production	8.40%	6.40%	7.60%	5.70%
Manufacturer Three [Member]
Concentration Risk [Line Items]
Percentage of total production	3.50%	5.10%	4.90%	5.50%
Manufacturer Four [Member]
Concentration Risk [Line Items]
Percentage of total production	3.30%	4.60%	3.40%	5.30%
Manufacturer Five [Member]
Concentration Risk [Line Items]
Percentage of total production	3.30%	4.40%	3.10%	4.40%

Segment and Geographic Report45

Segment and Geographic Reporting Information - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2015Segment
Segment Reporting [Abstract]
Number of reportable segments	4

Segment and Geographic Report46

Segment and Geographic Reporting Information - Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net sales, Total	$ 856,179	$ 674,270	$ 2,424,640	$ 1,807,839
Gross profit	387,006	304,498	1,094,154	814,276
Identifiable assets	1,940,654		1,940,654		$ 1,674,918
Additions to property, plant and equipment	25,195	18,049	58,199	41,976
Domestic wholesale [Member]
Segment Reporting Information [Line Items]
Net sales, Total	300,114	268,449	960,089	757,626
Gross profit	113,748	100,543	374,541	279,284
Identifiable assets	1,096,949		1,096,949		979,582
Additions to property, plant and equipment	7,609	752	17,025	5,708
International wholesale [Member]
Segment Reporting Information [Line Items]
Net sales, Total	319,551	209,041	846,994	539,175
Gross profit	132,460	87,493	349,608	228,574
Identifiable assets	628,039		628,039		510,063
Additions to property, plant and equipment	3,750	9,924	12,276	14,858
Retail [Member]
Segment Reporting Information [Line Items]
Net sales, Total	229,864	190,178	597,088	490,936
Gross profit	135,996	113,428	356,934	297,006
Identifiable assets	215,447		215,447		185,041
Additions to property, plant and equipment	13,836	7,373	28,898	21,410
E-commerce [Member]
Segment Reporting Information [Line Items]
Net sales, Total	6,650	6,602	20,469	20,102
Gross profit	4,802	$ 3,034	13,071	$ 9,412
Identifiable assets	$ 219		$ 219		$ 232

Segment and Geographic Report47

Segment and Geographic Reporting Information - Geographic Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Net Sales
Net sales, Total	$ 856,179	$ 674,270	$ 2,424,640	$ 1,807,839
Property, plant and equipment, net
Property, plant and equipment, net	388,842		388,842		$ 373,183
Domestic [Member]
Net Sales
Net sales, Total	486,168	427,508	1,452,036	1,174,172
Property, plant and equipment, net
Property, plant and equipment, net	338,557		338,557		332,383
Canada [Member]
Net Sales
Net sales, Total	32,663	28,071	83,546	68,188
Property, plant and equipment, net
Property, plant and equipment, net	8,541		8,541		7,203
Other international [Member]
Net Sales
Net sales, Total	337,348	$ 218,691	889,058	$ 565,479
Property, plant and equipment, net
Property, plant and equipment, net	$ 41,744		$ 41,744		$ 33,597

Litigation - Additional Informa

Litigation - Additional Information (Detail) $ in Millions	3 Months Ended	9 Months Ended	57 Months Ended
	Sep. 30, 2015USD ($)Case	Sep. 30, 2015USD ($)CaseClaimSettlementQuestionnaire	Sep. 30, 2015USD ($)CaseIndividualClaimSettlementQuestionnaire	Nov. 03, 2015Plaintiff	Apr. 17, 2015CaseClaimPlaintiff	Mar. 12, 2014Case
Trademark Lawsuit [Member]
Loss Contingencies [Line Items]
Legal fees and associated costs | $	$ 5.9
Personal Injury Lawsuits Involving Shapeups [Member]
Loss Contingencies [Line Items]
Number of cases named as defendant	1,181	1,181	1,181
Number of personal injury cases filed or transferred to MDL proceeding			1,233
Number of individuals submitted claims by plaintiff fact sheets | Individual			414
Number of personal injury claims resolved | Claim		10	449
Number of claims settled in principle | Claim			8
Number of cases in MDL proceeding dismissed			42
Number of personal injury cases encompassed by MDL | Claim			1,112
Number of claims of individuals filed court approved questionnaires | Claim			1,437
Number of claims submitted by plaintiff fact sheets encompassed by MDL | Claim			4
Number of settlement questionnaires submitted | SettlementQuestionnaire		65	2,353
Lawsuits personal injury	11	11	11
Number of individual plaintiffs	920	920	920
Number of cases pending	3	3	3
Number of plaintiff dismissed | Plaintiff					44
Number of persons claims dismissed | Claim					21
Number of cases selected as bellwether						12
Number of bellwether cases settled						2
Number of bellwether cases dismissed						1
Summary of adjudication granted in bellwether cases.		On January 7, 2015, the Court vacated the March 2015 initial bellwether trial date and granted the Company’s motions for summary adjudication in five bellwether cases with respect to those plaintiffs’ advertising-related claims, including their claims for breach of warranty, fraud, and violations of consumer protection laws. On February 25, 2015, the Court granted the Company’s motions for summary adjudication in the four remaining bellwether cases with respect to those plaintiffs’ advertising-related claims, including their claims for breach of warranty, fraud, and violations of consumer protection laws; the Court also granted the Company’s summary adjudication motions as to two of the four plaintiffs’ products liability claims for an alleged failure to warn, and took under submission the portion of the Company’s motions seeking summary adjudication of all four plaintiffs’ products liability claims for alleged design defects.
Number Of Potential Claimants Personal Injury Cases	2,650	2,650	2,650
Reserved litigation for cost and potential exposure | $	$ 5	$ 5	$ 5
Personal Injury Lawsuits Involving Shapeups [Member] | Trademark Lawsuit [Member]
Loss Contingencies [Line Items]
Reserve for estimated range of loss | $	$ 10.9	$ 10.9	$ 10.9
Personal Injury Lawsuits Involving Shapeups [Member] | Subsequent Event [Member]
Loss Contingencies [Line Items]
Number of plaintiff settled in principle | Plaintiff				460
Personal Injury Lawsuits Involving Shapeups [Member] | Skechers U.S.A., Inc., Skechers U.S.A., Inc. II and Skechers Fitness Group [Member]
Loss Contingencies [Line Items]
Lawsuits personal injury	72	72	72
Filed As Formal Actions [Member]
Loss Contingencies [Line Items]
Number of personal injury claims resolved | Claim			79
Number of claims settled in principle | Claim			6
Plaintiff Fact Sheets [Member]
Loss Contingencies [Line Items]
Number of personal injury claims resolved | Claim			370
Number of claims settled in principle | Claim			2
Number of unfiled claims submitted by plaintiff | Claim			38
MDL [Member]
Loss Contingencies [Line Items]
Number of individual plaintiffs	360	360	360
Superior Court for the County of Los Angeles [Member]
Loss Contingencies [Line Items]
Number of individual plaintiffs	68	68	68
LASC Coordinated Cases [Member]
Loss Contingencies [Line Items]
Number of cases filed					4
Number of plaintiff dismissed | Plaintiff					6
Number of personal lawsuit injury cases pending					68
Number of personal lawsuit injury plaintiff | Plaintiff					870