2012 Q2 Form 10-Q Financial Statement

#000144530513002022 Filed on August 08, 2013

View on sec.gov

Income Statement

Concept 2012 Q2
Revenue $356.9M
YoY Change 70.63%
Cost Of Revenue $184.4M
YoY Change 47.48%
Gross Profit $104.3M
YoY Change 23.97%
Gross Profit Margin 29.21%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.100M
YoY Change 19.23%
% of Gross Profit 2.97%
Operating Expenses $66.70M
YoY Change 29.92%
Operating Profit $37.49M
YoY Change 0.82%
Interest Expense $1.700M
YoY Change 0.0%
% of Operating Profit 4.53%
Other Income/Expense, Net
YoY Change
Pretax Income $39.16M
YoY Change 0.81%
Income Tax $12.27M
% Of Pretax Income 31.33%
Net Earnings $26.90M
YoY Change 13.1%
Net Earnings / Revenue 7.54%
Basic Earnings Per Share $0.63
Diluted Earnings Per Share $0.61
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding 43.94M shares

Balance Sheet

Concept 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $91.70M
YoY Change 135.13%
Cash & Equivalents $102.8M
Short-Term Investments $11.00M
Other Short-Term Assets $28.60M
YoY Change 48.19%
Inventory $91.00M
Prepaid Expenses
Receivables $187.4M
Other Receivables $0.00
Total Short-Term Assets $398.7M
YoY Change 39.12%
LONG-TERM ASSETS
Property, Plant & Equipment $37.93M
YoY Change 46.47%
Goodwill $91.56M
YoY Change 21.04%
Intangibles $137.3M
YoY Change 41.98%
Long-Term Investments $98.10M
YoY Change 5.26%
Other Assets $2.176M
YoY Change -20.29%
Total Long-Term Assets $378.3M
YoY Change 22.16%
TOTAL ASSETS
Total Short-Term Assets $398.7M
Total Long-Term Assets $378.3M
Total Assets $777.0M
YoY Change 30.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $118.3M
YoY Change 22.95%
Accrued Expenses $43.30M
YoY Change 80.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $187.8M
YoY Change 32.9%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $47.10M
YoY Change 10.05%
Total Long-Term Liabilities $47.10M
YoY Change 10.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $187.8M
Total Long-Term Liabilities $47.10M
Total Liabilities $237.0M
YoY Change 28.69%
SHAREHOLDERS EQUITY
Retained Earnings $469.2M
YoY Change 28.64%
Common Stock $5.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $132.5M
YoY Change 0.0%
Treasury Stock Shares 8.403M shares
Shareholders Equity $540.1M
YoY Change
Total Liabilities & Shareholders Equity $777.0M
YoY Change 30.31%

Cashflow Statement

Concept 2012 Q2
OPERATING ACTIVITIES
Net Income $26.90M
YoY Change 13.1%
Depreciation, Depletion And Amortization $3.100M
YoY Change 19.23%
Cash From Operating Activities $29.40M
YoY Change 25.11%
INVESTING ACTIVITIES
Capital Expenditures -$4.700M
YoY Change 104.35%
Acquisitions
YoY Change
Other Investing Activities -$7.900M
YoY Change -86.09%
Cash From Investing Activities -$12.70M
YoY Change -78.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.100M
YoY Change -67.69%
NET CHANGE
Cash From Operating Activities 29.40M
Cash From Investing Activities -12.70M
Cash From Financing Activities 2.100M
Net Change In Cash 18.80M
YoY Change -164.6%
FREE CASH FLOW
Cash From Operating Activities $29.40M
Capital Expenditures -$4.700M
Free Cash Flow $34.10M
YoY Change 32.17%

Facts In Submission

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Reporting</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements of Steven Madden, Ltd. and subsidiaries (the &#8220;Company&#8221;) have been prepared in accordance with the generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the &#8220;SEC&#8221;). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the financial position of the Company and the results of its operations and cash flows for the periods presented. The results of its operations for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three- and six-month</font><font style="font-family:inherit;font-size:10pt;"> periods ended </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the operating results for the full year. It is suggested that these financial statements be read in conjunction with the financial statements and related disclosures for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2012</font><font style="font-family:inherit;font-size:10pt;"> included in the Annual Report of Steven Madden, Ltd. on Form 10-K filed with the SEC on March 1, 2013.</font></div></div>
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CY2012Q4 us-gaap Inventory Net
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CY2013Q2 us-gaap Investment Income Amortization Of Premium
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173000 USD
us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
529000 USD
CY2012Q2 us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
279000 USD
us-gaap Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
360000 USD
CY2012Q2 us-gaap Liabilities
Liabilities
236951000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
177639000 USD
CY2013Q2 us-gaap Liabilities
Liabilities
230248000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
777020000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
888741000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
804039000 USD
CY2012Q2 us-gaap Liabilities Current
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187806000 USD
CY2013Q2 us-gaap Liabilities Current
LiabilitiesCurrent
190444000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
134478000 USD
us-gaap Line Of Credit Facility Collateral
LineOfCreditFacilityCollateral
.85
CY2013Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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30000000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
-180000 USD
CY2012Q2 us-gaap Minority Interest
MinorityInterest
-70000 USD
CY2013Q2 us-gaap Minority Interest
MinorityInterest
499000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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8193000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-24896000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41370000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
65165000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43057000 USD
us-gaap Net Income Loss
NetIncomeLoss
48767000 USD
us-gaap Net Income Loss
NetIncomeLoss
52356000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
28956000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
26899000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
48000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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547000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
679000 USD
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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3085000 USD
CY2012Q2 us-gaap Notes And Loans Receivable Net Noncurrent
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7714000 USD
CY2013Q2 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
3085000 USD
CY2013Q2 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
3600000 USD
CY2012Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
3581000 USD
CY2012Q2 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
3541000 USD
CY2007Q2 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
3000000 USD
us-gaap Operating Expenses
OperatingExpenses
139193000 USD
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
66702000 USD
us-gaap Operating Expenses
OperatingExpenses
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CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
68666000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
82048000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
45611000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37494000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
72853000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
us-gaap Other Asset Impairment Charges
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1810000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
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2305000 USD
CY2013Q2 us-gaap Other Assets Noncurrent
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2311000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
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2176000 USD
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-1970000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-3400000 USD
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-93000 USD
CY2012Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-81000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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353000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2012Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-162000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
446000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3206000 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2978000 USD
CY2012Q2 us-gaap Other Liabilities
OtherLiabilities
131000 USD
CY2013Q2 us-gaap Other Liabilities
OtherLiabilities
114000 USD
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
114000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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2367000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
32763000 USD
CY2012Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
42729000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
46428000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29367000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
3085000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8030000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10659000 USD
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
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18931000 USD
CY2013Q2 us-gaap Prepaid Expense And Other Assets Current
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20210000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
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13404000 USD
CY2012Q4 us-gaap Prepaid Taxes
PrepaidTaxes
331000 USD
CY2012Q2 us-gaap Prepaid Taxes
PrepaidTaxes
0 USD
CY2013Q2 us-gaap Prepaid Taxes
PrepaidTaxes
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
15717000 USD
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12215000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4189000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4950000 USD
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ProceedsFromStockOptionsExercised
1478000 USD
CY2013Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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us-gaap Profit Loss
ProfitLoss
53035000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
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CY2013Q2 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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CY2013Q2 us-gaap Property Plant And Equipment Net
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CY2012Q2 us-gaap Receivables Net Current
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CY2012Q4 us-gaap Receivables Net Current
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us-gaap Related Party Transaction Rate
RelatedPartyTransactionRate
0.06
us-gaap Related Party Transaction Rate
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CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
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540037000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
469178000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
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us-gaap Revenue Recognition Allowances
RevenueRecognitionAllowances
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Sales Deductions</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company supports retailers&#8217; initiatives to maximize sales of the Company&#8217;s products on the retail floor by subsidizing the co-op advertising programs of such retailers, providing them with inventory markdown allowances and participating in various other marketing initiatives of its major customers. In addition, the Company accepts returns for damaged products for which the Company&#8217;s costs are normally charged back to the responsible third-party factory. Such expenses are reflected in the financial statements as deductions to net sales.</font></div></div>
us-gaap Revenues
Revenues
576550000 USD
us-gaap Revenues
Revenues
554662000 USD
CY2012Q2 us-gaap Revenues
Revenues
288692000 USD
CY2013Q2 us-gaap Revenues
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297634000 USD
us-gaap Sales Revenue Goods Net
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576550000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
554662000 USD
CY2012Q2 us-gaap Sales Revenue Goods Net
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288692000 USD
CY2013Q2 us-gaap Sales Revenue Goods Net
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297634000 USD
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CY2013Q2 us-gaap Segment Reporting Information Net Assets
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us-gaap Segment Reporting Information Revenue
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CY2012Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
288692000 USD
CY2013Q2 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
297634000 USD
us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
576550000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10322000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7950000 USD
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
5171000 USD
CY2012Q2 us-gaap Share Based Compensation
ShareBasedCompensation
3943000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
273500 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1140000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
41.13
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
43.32
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2935500 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1642000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
671000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
37.10
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
9144000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2889000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
34.74
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
36.40
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
36.77
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
25.44
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
169000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
211000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
24.80
CY2007Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3487500 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
15644000 shares
CY2006Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2700000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
15644000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3631000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1431000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
18.78
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8232000 USD
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2963000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
9439000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8711000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
25000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
29.99
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
346500 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.44
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.03
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2269000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2306500 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.57
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.77
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
42360000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
54625000 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
14.73
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
44.02
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M
us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
0 shares
us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
16000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
12013000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
284000 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
30.81 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
125000000 USD
CY2004Q1 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
20000000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
32763000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
626580000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
657994000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
540139000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
626400000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
658493000 USD
CY2012Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
540069000 USD
us-gaap Straight Line Rent
StraightLineRent
-1132000 USD
us-gaap Straight Line Rent
StraightLineRent
-1018000 USD
us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
-3243000 USD
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
139327000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
707830 shares
us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
-3678000 USD
CY2012Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
8403000 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8403000 shares
CY2013Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
9111000 shares
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
165306000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
132543000 USD
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
132543000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
0 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
237000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
0 USD
CY2013Q2 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-835000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant areas involving management estimates include allowances for bad debts, returns and customer chargebacks, inventory valuation, valuation of intangible assets, litigation reserves and contingent payment liabilities. The Company provides reserves on trade accounts receivables and factor receivables for future customer chargebacks and markdown allowances, discounts, returns and other miscellaneous compliance related deductions that relate to the current period sales. The Company evaluates anticipated chargebacks by reviewing several performance indicators of its major customers. These performance indicators, which include retailers&#8217; inventory levels, sell-through rates and gross margin levels, are analyzed by management to estimate the amount of the anticipated customer allowance.</font></div></div>
CY2013Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
10945000 USD
CY2012Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
11609000 USD
CY2012Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
17856000 USD
CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
963000 shares
CY2013Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1357000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1075000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1332000 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43943000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44781000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44771000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43912000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
43449000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
43414000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
42980000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
42837000 shares
CY2013Q2 shoo Commission And Licensing Fee Income Net
CommissionAndLicensingFeeIncomeNet
3699000 USD
shoo Commission And Licensing Fee Income Net
CommissionAndLicensingFeeIncomeNet
8725000 USD
CY2012Q2 shoo Commission And Licensing Fee Income Net
CommissionAndLicensingFeeIncomeNet
4252000 USD
shoo Commission And Licensing Fee Income Net
CommissionAndLicensingFeeIncomeNet
8066000 USD
shoo Commissions And Licensing Fees Net
CommissionsAndLicensingFeesNet
8066000 USD
CY2012Q2 shoo Commissions And Licensing Fees Net
CommissionsAndLicensingFeesNet
4252000 USD
CY2013Q2 shoo Commissions And Licensing Fees Net
CommissionsAndLicensingFeesNet
3699000 USD
shoo Commissions And Licensing Fees Net
CommissionsAndLicensingFeesNet
8725000 USD
shoo Employee Service Share Based Compensation Nonvested Restricted Awards Total Compensation Cost Not Yet Recognized Period For Recognition
EmployeeServiceShareBasedCompensationNonvestedRestrictedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition
P8Y11M27D
CY2013Q2 shoo Employee Service Share Based Compensation Nonvested Restricted Stock Awards Total Compensation Cost Not Yet Recognized In Dollars
EmployeeServiceShareBasedCompensationNonvestedRestrictedStockAwardsTotalCompensationCostNotYetRecognizedInDollars
94517000 USD
shoo Factoring Fee
FactoringFee
0.0025
CY2013Q2 shoo Impairment Of Note Receivable And Provision For Litigation
ImpairmentOfNoteReceivableAndProvisionForLitigation
0 USD
shoo Impairment Of Note Receivable And Provision For Litigation
ImpairmentOfNoteReceivableAndProvisionForLitigation
4310000 USD
shoo Impairment Of Note Receivable And Provision For Litigation
ImpairmentOfNoteReceivableAndProvisionForLitigation
0 USD
CY2012Q2 shoo Impairment Of Note Receivable And Provision For Litigation
ImpairmentOfNoteReceivableAndProvisionForLitigation
4310000 USD
CY2012Q2 shoo Income From Operations
IncomeFromOperations
37494000 USD
shoo Income From Operations
IncomeFromOperations
72853000 USD
CY2013Q2 shoo Income From Operations
IncomeFromOperations
45611000 USD
shoo Income From Operations
IncomeFromOperations
82048000 USD
shoo Interest Income Related Party In Dollars
InterestIncomeRelatedPartyInDollars
1090000 USD
shoo Letters Of Credit Sub Limit Capacity Amount In Dollars
LettersOfCreditSubLimitCapacityAmountInDollars
15000000 USD
CY2013Q2 shoo Market Value Shares Pledged As Collateral Related Party In Dollars
MarketValueSharesPledgedAsCollateralRelatedPartyInDollars
15240000 USD
CY2010Q3 shoo Market Value Shares Pledged As Collateral Related Party In Dollars
MarketValueSharesPledgedAsCollateralRelatedPartyInDollars
6798000 USD
shoo Related Party Shares Pledged As Collateral
RelatedPartySharesPledgedAsCollateral
210000 shares
CY2010Q3 shoo Related Party Shares Pledged As Collateral
RelatedPartySharesPledgedAsCollateral
765000 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
shoo Related Party Shares Pledged As Collateral
RelatedPartySharesPledgedAsCollateral
315000 shares
shoo Related Party Shares Pledged As Collateral
RelatedPartySharesPledgedAsCollateral
510000 shares
CY2012Q3 shoo Related Party Transaction Restricted Shares Granted During Period
RelatedPartyTransactionRestrictedSharesGrantedDuringPeriod
1262228 shares
CY2012Q1 shoo Related Party Transaction Restricted Shares Granted During Period
RelatedPartyTransactionRestrictedSharesGrantedDuringPeriod
975371 shares
CY2013Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Equity Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityOptionsNonvestedNumber
882290 shares
CY2012Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
14.75
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
18.35
CY2013Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
14.8
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
17.55
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
680000 shares
CY2012Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
456000 shares
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
604664 shares
CY2013Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
439894 shares
CY2013Q2 shoo Sharebasedcompensationarrangementbysharebasedpaymentawardoptionsexercisableweightedaverageexerciseprice2
Sharebasedcompensationarrangementbysharebasedpaymentawardoptionsexercisableweightedaverageexerciseprice2
P4Y
CY2010Q3 shoo Shares Released Related Party Transaction
SharesReleasedRelatedPartyTransaction
555000 shares
shoo Stock Issued During Period Shares Restricted Stock Award Subject To Forfeiture
StockIssuedDuringPeriodSharesRestrictedStockAwardSubjectToForfeiture
1204000 shares
shoo Stock Issued During Period Shares Restricted Stock Award Subject To Forfeiture
StockIssuedDuringPeriodSharesRestrictedStockAwardSubjectToForfeiture
2875000 shares
CY2012Q2 shoo Stock Issued During Period Shares Restricted Stock Award Subject To Forfeiture
StockIssuedDuringPeriodSharesRestrictedStockAwardSubjectToForfeiture
1425000 shares
CY2013Q2 shoo Stock Issued During Period Shares Restricted Stock Award Subject To Forfeiture
StockIssuedDuringPeriodSharesRestrictedStockAwardSubjectToForfeiture
2875000 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000913241
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
46099376 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
STEVEN MADDEN, LTD.
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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