2021 Q2 Form 10-Q Financial Statement

#000162828021015322 Filed on August 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $397.9M $142.8M
YoY Change 178.61% -68.24%
Cost Of Revenue $227.8M $86.92M
YoY Change 162.11% -68.91%
Gross Profit $170.1M $55.89M
YoY Change 204.28% -67.12%
Gross Profit Margin 42.74% 39.13%
Selling, General & Admin $5.480M $5.500M
YoY Change -0.36% -6.78%
% of Gross Profit 3.22% 9.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.993M $4.200M
YoY Change -4.93% -22.22%
% of Gross Profit 2.35% 7.52%
Operating Expenses $121.9M $78.41M
YoY Change 55.41% -35.37%
Operating Profit $47.72M -$23.70M
YoY Change -301.32% -153.1%
Interest Expense -$777.0K $400.0K
YoY Change -294.25% -69.23%
% of Operating Profit -1.63%
Other Income/Expense, Net
YoY Change
Pretax Income $46.94M -$23.35M
YoY Change -301.08% -150.87%
Income Tax $9.600M -$6.201M
% Of Pretax Income 20.45%
Net Earnings $37.34M -$16.59M
YoY Change -325.14% -145.35%
Net Earnings / Revenue 9.38% -11.61%
Basic Earnings Per Share $0.47 -$0.21
Diluted Earnings Per Share $0.45 -$0.21
COMMON SHARES
Basic Shares Outstanding 78.90M shares 78.52M shares
Diluted Shares Outstanding 82.06M shares 78.52M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $302.7M $356.9M
YoY Change -15.2% 43.45%
Cash & Equivalents $262.1M $318.1M
Short-Term Investments $40.51M $38.80M
Other Short-Term Assets $36.46M $32.00M
YoY Change 13.92% -18.58%
Inventory $125.5M $103.3M
Prepaid Expenses
Receivables $10.59M $143.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $743.8M $635.9M
YoY Change 16.96% -14.16%
LONG-TERM ASSETS
Property, Plant & Equipment $38.21M $49.59M
YoY Change -22.95% -19.56%
Goodwill $168.4M $166.3M
YoY Change 1.26% 11.96%
Intangibles $185.8M $255.4M
YoY Change -27.27% 11.15%
Long-Term Investments
YoY Change
Other Assets $4.574M $2.917M
YoY Change 56.8% 12.54%
Total Long-Term Assets $429.4M $496.5M
YoY Change -13.52% -8.19%
TOTAL ASSETS
Total Short-Term Assets $743.8M $635.9M
Total Long-Term Assets $429.4M $496.5M
Total Assets $1.173B $1.132B
YoY Change 3.6% -11.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $91.82M $42.47M
YoY Change 116.18% -60.47%
Accrued Expenses $139.7M $113.7M
YoY Change 22.83% -12.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $42.70M
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $279.2M $237.9M
YoY Change 17.35% -15.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $108.5M $124.3M
YoY Change -12.68% -25.88%
Total Long-Term Liabilities $108.5M $124.3M
YoY Change -12.68% -25.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $279.2M $237.9M
Total Long-Term Liabilities $108.5M $124.3M
Total Liabilities $390.6M $365.3M
YoY Change 6.94% -19.54%
SHAREHOLDERS EQUITY
Retained Earnings $1.313B $1.264B
YoY Change 3.87% -0.06%
Common Stock $8.000K $6.000K
YoY Change 33.33% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $995.1M $935.4M
YoY Change 6.38% -209.39%
Treasury Stock Shares 51.66M shares 50.14M shares
Shareholders Equity $774.3M $755.1M
YoY Change
Total Liabilities & Shareholders Equity $1.173B $1.132B
YoY Change 3.6% -11.64%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $37.34M -$16.59M
YoY Change -325.14% -145.35%
Depreciation, Depletion And Amortization $3.993M $4.200M
YoY Change -4.93% -22.22%
Cash From Operating Activities $86.92M $97.50M
YoY Change -10.85% 28.97%
INVESTING ACTIVITIES
Capital Expenditures $1.183M $1.019M
YoY Change 16.09% -63.8%
Acquisitions
YoY Change
Other Investing Activities $7.886M -$3.300M
YoY Change -338.97% -112.74%
Cash From Investing Activities $6.704M -$4.300M
YoY Change -255.91% -118.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $37.24M $539.0K
YoY Change 6808.35% -101.59%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -64.93M 13.40M
YoY Change -584.54% -129.13%
NET CHANGE
Cash From Operating Activities 86.92M 97.50M
Cash From Investing Activities 6.704M -4.300M
Cash From Financing Activities -64.93M 13.40M
Net Change In Cash 28.70M 106.6M
YoY Change -73.08% 102.66%
FREE CASH FLOW
Cash From Operating Activities $86.92M $97.50M
Capital Expenditures $1.183M $1.019M
Free Cash Flow $85.74M $96.48M
YoY Change -11.13% 32.56%

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us-gaap Dividends Common Stock Cash
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-12459000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
359000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
359000 USD
CY2020Q2 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
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-298000 USD
CY2020Q2 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
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-298000 USD
us-gaap Net Income Loss
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-34037000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-908000 USD
us-gaap Profit Loss
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CY2020Q2 us-gaap Common Stock Shares Outstanding
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CY2020Q2 us-gaap Common Stock Value
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6000 USD
CY2020Q2 us-gaap Additional Paid In Capital
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CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-39850000 USD
CY2020Q2 us-gaap Treasury Stock Shares
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CY2020Q2 us-gaap Treasury Stock Value
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CY2020Q2 us-gaap Minority Interest
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12036000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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767120000 USD
us-gaap Profit Loss
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59672000 USD
us-gaap Profit Loss
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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9244000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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-303000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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9518000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
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1089000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
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29999000 USD
us-gaap Deferred Income Tax Expense Benefit
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359000 USD
us-gaap Deferred Income Tax Expense Benefit
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us-gaap Increase Decrease In Accrued Interest Receivable Net
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us-gaap Increase Decrease In Accrued Interest Receivable Net
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us-gaap Increase Decrease In Notes Receivable Related Parties
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-204000 USD
us-gaap Increase Decrease In Notes Receivable Related Parties
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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7834000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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us-gaap Gain Loss On Disposition Of Intangible Assets
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shoo Recoverynetofprovisionforbaddebtexpenserelatedtocustomerbankruptcy
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919000 USD
shoo Recoverynetofprovisionforbaddebtexpenserelatedtocustomerbankruptcy
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Financing Receivable Purchased With Credit Deterioration Discount Premium
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1874000 USD
shoo Factor Accounts Receivable
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us-gaap Increase Decrease In Inventories
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24105000 USD
us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2125000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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9248000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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35836000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Employee Related Liabilities
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5048000 USD
us-gaap Increase Decrease In Employee Related Liabilities
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shoo Leases And Other Liabilities
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shoo Leases And Other Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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57867000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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2782000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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4320000 USD
us-gaap Proceeds From Sale Of Intangible Assets
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8000000 USD
us-gaap Payments To Acquire Available For Sale Securities
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us-gaap Payments To Acquire Available For Sale Securities
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25818000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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26460000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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25656000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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5104000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Stock Options Exercised
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6823000 USD
us-gaap Proceeds From Stock Options Exercised
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960000 USD
us-gaap Minority Interest Decrease From Redemptions
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0 USD
us-gaap Minority Interest Decrease From Redemptions
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359000 USD
us-gaap Proceeds From Payments To Minority Shareholders
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us-gaap Proceeds From Payments To Minority Shareholders
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0 USD
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Of Dividends
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24772000 USD
us-gaap Payments Of Dividends
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us-gaap Line Of Credit Assumed1
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0 USD
us-gaap Line Of Credit Assumed1
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us-gaap Repayments Of Lines Of Credit
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0 USD
us-gaap Repayments Of Lines Of Credit
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134122000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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1844000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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14280000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
54000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
247864000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264101000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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262144000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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318101000 USD
us-gaap Basis Of Accounting
BasisOfAccounting
– Basis of ReportingThe accompanying unaudited condensed consolidated financial statements of Steven Madden, Ltd. and subsidiaries (the “Company”) have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). 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) that 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. Certain reclassifications were made to prior years' presentation to conform to the 2021 presentation. The results of operations for the three and six months ended June 30, 2021 are not necessarily indicative of the operating results for the full year. These financial statements should be read in conjunction with the financial statements and related disclosures for the year ended December 31, 2020 included in the Annual Report of Steven Madden, Ltd. on Form 10-K filed with the SEC on March 16, 2021.
CY2020Q2 shoo Salary Reduction Percentage For Executives
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0.30
us-gaap Payments To Employees
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100000 USD
CY2020 us-gaap Restructuring Costs
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7181000 USD
CY2021Q2 us-gaap Restructuring Costs
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433000 USD
us-gaap Restructuring Costs
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1239000 USD
us-gaap Reclassifications
Reclassifications
– ReclassificationCertain reclassifications were made to prior years' amounts to conform to the 2021 presentation, primarily as it relates to segment reporting of corporate expenses and corporate assets. See Note R – Operating Segment Information, for more information.
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
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8041000 USD
CY2021Q2 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
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325000 USD
us-gaap Use Of Estimates
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Significant areas involving management estimates include variable consideration included in revenue, allowances for bad debts, inventory valuation, valuation of intangible assets, impairment of long-lived assets, litigation reserves and contingent payment liabilities. The Company estimates variable consideration 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’ inventory levels, sell-through rates and gross margin levels, are analyzed by management to estimate the amount of the anticipated customer allowance.
shoo Factoring Fee
FactoringFee
0.0020
CY2021Q2 shoo Termination Notice In Days
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CY2021Q2 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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140000 USD
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8366000 USD
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207000 USD
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CY2020Q4 us-gaap Liabilities Fair Value Disclosure
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1204000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
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207000 USD
shoo Business Acquisition Contingent Consideration Changein Estimate
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7834000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
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CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
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CY2021Q2 us-gaap Business Combination Contingent Consideration Liability Current
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3660000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
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4381000 USD
CY2021Q2 shoo Lease Modification Expense
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2912000 USD
shoo Lease Modification Expense
LeaseModificationExpense
9505000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
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CY2020Q4 us-gaap Operating Lease Right Of Use Asset
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CY2020Q4 us-gaap Operating Lease Liability Current
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CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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CY2021Q2 shoo Lease Liability
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CY2020Q4 shoo Lease Liability
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CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y9M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2021Q2 us-gaap Operating Lease Impairment Loss
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us-gaap Operating Lease Impairment Loss
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CY2020 us-gaap Impairment Of Leasehold
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22183000 USD
CY2021Q2 us-gaap Operating Lease Cost
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CY2021Q2 us-gaap Operating Lease Cost
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CY2020Q2 us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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CY2021Q2 us-gaap Variable Lease Cost
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5621000 USD
CY2020Q2 us-gaap Variable Lease Cost
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5000 USD
us-gaap Variable Lease Cost
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us-gaap Variable Lease Cost
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48000 USD
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
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CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
106000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
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us-gaap Short Term Lease Cost
ShortTermLeaseCost
119000 USD
CY2021Q2 us-gaap Sublease Income
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CY2020Q2 us-gaap Sublease Income
SubleaseIncome
201000 USD
us-gaap Sublease Income
SubleaseIncome
161000 USD
us-gaap Sublease Income
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402000 USD
CY2021Q2 us-gaap Lease Cost
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CY2020Q2 us-gaap Lease Cost
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8943000 USD
us-gaap Lease Cost
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32080000 USD
us-gaap Lease Cost
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20181000 USD
us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2021Q2 us-gaap Finance Lease Right Of Use Asset Amortization
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6993000 USD
CY2020Q2 us-gaap Finance Lease Right Of Use Asset Amortization
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us-gaap Finance Lease Right Of Use Asset Amortization
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us-gaap Finance Lease Right Of Use Asset Amortization
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19096000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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20459000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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33738000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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25351000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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19715000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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16024000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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23551000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
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13098000 USD
CY2021Q2 us-gaap Operating Lease Liability
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125740000 USD
CY2021Q2 shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
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477000 USD
shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
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1089000 USD
shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
ImpairmentOfStoreFixedAssetsAndLeaseRightOfUseAssets
1089000 USD
CY2020Q2 shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
ImpairmentOfStoreFixedAssetsAndLeaseRightOfUseAssets
1178000 USD
shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
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29999000 USD
CY2019Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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200000000 USD
us-gaap Stock Repurchased During Period Value
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30678000 USD
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
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80912000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
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294205 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
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41.18
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3630000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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4483000 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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8000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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180000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2477000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2532000 shares
CY2020Q2 shoo Maximum Number Of Potential Dilutive Shares Issued Upon Vesting
MaximumNumberOfPotentialDilutiveSharesIssuedUponVesting
17000 USD
CY2021Q2 shoo Maximum Number Of Potential Dilutive Shares Issued Upon Vesting
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300000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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46941000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-23345000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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74948000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-48547000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
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9600000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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15276000 USD
us-gaap Income Tax Expense Benefit
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-13602000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.266
us-gaap Effective Income Tax Rate Continuing Operations
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0.204
us-gaap Effective Income Tax Rate Continuing Operations
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0.280
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
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11000000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation
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3014210 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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7985790 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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1862375 shares
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2973253 shares
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
5480000 USD
CY2020Q2 us-gaap Share Based Compensation
ShareBasedCompensation
5521000 USD
us-gaap Share Based Compensation
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11019000 USD
us-gaap Share Based Compensation
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11207000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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225000 shares
CY2020Q2 us-gaap Share Price
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24.83
CY2021Q2 us-gaap Proceeds From Stock Options Exercised
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5269000 USD
CY2020Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
86000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6823000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
960000 USD
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4945000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
21000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5812000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
758000 USD
CY2021Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
421536 shares
CY2021Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
25.64
CY2020Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
121683 shares
CY2020Q2 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
30.42
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
352780 shares
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y8M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.016
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.013
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.90
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.16
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2674000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.80
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
28000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
37.77
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
295000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
23.15
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2407000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.37
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
0 USD
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2054000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
27.17
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y10M24D
CY2021Q2 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
9025000 USD
CY2021Q2 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
38680000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
47705000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31113000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
-1468000 USD
CY2021Q2 shoo Finite Lived Intangible Assets Net Of Amortization
FiniteLivedIntangibleAssetsNetOfAmortization
15124000 USD
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3651000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.81
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4427000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
19.84
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
297000 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
38.65
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
402000 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
33.63
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
296000 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
27.93
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
311000 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
27.72
us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
22000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
35.82
us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
35000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
26.40
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3630000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
21.60
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4483000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.48
shoo Employee Service Share Based Compensation Nonvested Restricted Awards Total Compensation Cost Not Yet Recognized Period For Recognition
EmployeeServiceShareBasedCompensationNonvestedRestrictedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition
P4Y
CY2020Q4 us-gaap Goodwill
Goodwill
168265000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
161000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
168426000 USD
CY2021Q2 us-gaap Indefinite Lived Contractual Rights
IndefiniteLivedContractualRights
28164000 USD
CY2021Q2 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
71238000 USD
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
-8000000 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
803000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1634000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
895000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1786000 USD
CY2021Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
153858000 USD
CY2021Q2 shoo Accumulated Amortization
AccumulatedAmortization
31113000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
-8219000 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
114526000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
9518000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
981000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1730000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1730000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1730000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1730000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7223000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15124000 USD
CY2021Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
26288 USD
CY2021Q2 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
140000 USD
CY2021Q2 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
325000 USD
CY2021Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-17000 USD
CY2021Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-214000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
606000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-711000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-557000 USD
CY2020Q2 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
30000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
630000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
206000 USD
CY2021Q2 us-gaap Other Commitment
OtherCommitment
17813000 USD
CY2021Q2 us-gaap Revenues
Revenues
397894000 USD
CY2021Q2 us-gaap Gross Profit
GrossProfit
170055000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
47718000 USD
CY2021Q2 us-gaap Assets
Assets
1173143000 USD
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1183000 USD
CY2020Q2 us-gaap Revenues
Revenues
142812000 USD
CY2020Q2 us-gaap Gross Profit
GrossProfit
55888000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-23702000 USD
CY2020Q2 us-gaap Assets
Assets
1132392000 USD
CY2020Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1019000 USD
us-gaap Revenues
Revenues
758919000 USD
us-gaap Gross Profit
GrossProfit
309159000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
75762000 USD
CY2021Q2 us-gaap Assets
Assets
1173143000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2782000 USD
us-gaap Revenues
Revenues
501980000 USD
us-gaap Gross Profit
GrossProfit
189352000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-49950000 USD
CY2020Q2 us-gaap Assets
Assets
1132392000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4320000 USD
CY2021Q2 us-gaap Revenues
Revenues
397894000 USD
CY2020Q2 us-gaap Revenues
Revenues
142812000 USD
us-gaap Revenues
Revenues
758919000 USD
us-gaap Revenues
Revenues
501980000 USD
CY2021Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
150000000 USD
CY2021Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
150000000 USD
CY2021Q2 shoo Maximum Increase Of Availability Of Credit
MaximumIncreaseOfAvailabilityOfCredit
100000000 USD
us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0050
us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.0040
CY2021Q2 shoo Line Cap Dollar Amount Before Base Trigger
LineCapDollarAmountBeforeBaseTrigger
22500000 USD
CY2021Q2 shoo Line Cap Percentage Before Base Trigger
LineCapPercentageBeforeBaseTrigger
0.15 USD
CY2021Q2 shoo Line Cap Dollar Amount After Base Trigger
LineCapDollarAmountAfterBaseTrigger
15000000 USD
CY2021Q2 shoo Line Cap Percentage After Base Trigger
LineCapPercentageAfterBaseTrigger
0.10 USD

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