2021 Q4 Form 10-Q Financial Statement

#000162828021021726 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q4
Revenue $578.5M $528.7M $353.0M
YoY Change 63.89% 52.43% -15.89%
Cost Of Revenue $340.1M $308.7M $217.7M
YoY Change 56.28% 49.16% -16.7%
Gross Profit $238.3M $220.0M $135.3M
YoY Change 76.14% 57.28% -14.54%
Gross Profit Margin 41.2% 41.61% 38.34%
Selling, General & Admin $5.582M $5.677M $5.700M
YoY Change -2.07% -0.4% 3.64%
% of Gross Profit 2.34% 2.58% 4.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.597M $3.618M $4.200M
YoY Change -14.36% -9.55% -17.65%
% of Gross Profit 1.51% 1.64% 3.1%
Operating Expenses $156.0M $131.6M $112.2M
YoY Change 39.0% 27.79% -19.16%
Operating Profit $82.38M $88.42M $23.11M
YoY Change 256.44% -3049.23% 18.32%
Interest Expense -$513.0K -$202.0K $100.0K
YoY Change -613.0% -302.0% -90.0%
% of Operating Profit -0.62% -0.23% 0.43%
Other Income/Expense, Net
YoY Change
Pretax Income $78.90M $88.22M $21.50M
YoY Change 267.0% -3131.48% 4.88%
Income Tax $12.78M $21.55M $1.900M
% Of Pretax Income 16.2% 24.43% 8.84%
Net Earnings $65.99M $66.67M $22.59M
YoY Change 192.09% -1059.07% 27.27%
Net Earnings / Revenue 11.41% 12.61% 6.4%
Basic Earnings Per Share $0.85 $0.29
Diluted Earnings Per Share $812.1K $0.82 $0.28
COMMON SHARES
Basic Shares Outstanding 81.39M shares 78.13M shares 83.19M shares
Diluted Shares Outstanding 81.31M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $263.5M $259.9M $287.2M
YoY Change -8.24% 1.05% -5.71%
Cash & Equivalents $219.5M $219.5M $247.9M
Short-Term Investments $44.04M $40.39M $39.30M
Other Short-Term Assets $34.38M $35.72M $31.90M
YoY Change 7.78% 144.64% 40.53%
Inventory $255.2M $201.2M $101.4M
Prepaid Expenses
Receivables $12.27M $11.60M $8.943M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $944.7M $881.1M $698.2M
YoY Change 35.29% 36.01% -2.87%
LONG-TERM ASSETS
Property, Plant & Equipment $35.79M $36.84M $43.27M
YoY Change -17.28% -14.58% -33.95%
Goodwill $168.0M $168.0M $168.3M
YoY Change -0.16% 0.7% -1.8%
Intangibles $175.6M $184.3M $186.6M
YoY Change -5.89% -2.7% -33.04%
Long-Term Investments
YoY Change
Other Assets $4.180M $4.332M $4.822M
YoY Change -13.31% 62.86% 63.57%
Total Long-Term Assets $410.9M $419.0M $439.5M
YoY Change -6.52% -8.24% -21.48%
TOTAL ASSETS
Total Short-Term Assets $944.7M $881.1M $698.2M
Total Long-Term Assets $410.9M $419.0M $439.5M
Total Assets $1.356B $1.300B $1.138B
YoY Change 19.14% 17.72% -11.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $136.8M $121.8M $73.90M
YoY Change 85.06% 85.54% 19.77%
Accrued Expenses $243.2M $211.0M $118.1M
YoY Change 105.93% 87.41% -30.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $435.2M $388.6M $235.9M
YoY Change 84.47% 78.19% -16.13%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $96.44M $101.7M $108.9M
YoY Change -11.45% -11.91% -27.54%
Total Long-Term Liabilities $96.44M $101.7M $108.9M
YoY Change -11.45% -11.91% -27.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $435.2M $388.6M $235.9M
Total Long-Term Liabilities $96.44M $101.7M $108.9M
Total Liabilities $535.0M $492.9M $347.4M
YoY Change 54.01% 46.4% -20.58%
SHAREHOLDERS EQUITY
Retained Earnings $1.421B $1.367B $1.280B
YoY Change 11.06% 8.77% -2.35%
Common Stock $8.000K $8.000K $8.000K
YoY Change 0.0% 33.33% 33.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.075B $1.027B $952.3M
YoY Change 12.93% 9.78% 5.14%
Treasury Stock Shares 53.47M shares 52.43M shares 50.63M shares
Shareholders Equity $812.1M $798.8M $776.6M
YoY Change
Total Liabilities & Shareholders Equity $1.356B $1.300B $1.138B
YoY Change 19.14% 17.72% -11.02%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q4
OPERATING ACTIVITIES
Net Income $65.99M $66.67M $22.59M
YoY Change 192.09% -1059.07% 27.27%
Depreciation, Depletion And Amortization $3.597M $3.618M $4.200M
YoY Change -14.36% -9.55% -17.65%
Cash From Operating Activities $63.28M $4.261M $43.60M
YoY Change 45.14% -107.44% -71.05%
INVESTING ACTIVITIES
Capital Expenditures -$2.009M $1.816M -$1.100M
YoY Change 82.64% 54.42% -87.91%
Acquisitions
YoY Change
Other Investing Activities -$3.611M -$879.0K -$4.300M
YoY Change -16.02% -114.18% -66.92%
Cash From Investing Activities -$5.620M -$2.696M -$5.400M
YoY Change 4.07% -153.92% -75.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $31.89M
YoY Change 26926.27%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -58.22M -43.70M -16.20M
YoY Change 259.41% 2.34% -50.46%
NET CHANGE
Cash From Operating Activities 63.28M 4.261M 43.60M
Cash From Investing Activities -5.620M -2.696M -5.400M
Cash From Financing Activities -58.22M -43.70M -16.20M
Net Change In Cash -565.0K -42.14M 22.00M
YoY Change -102.57% -55.65% -77.04%
FREE CASH FLOW
Cash From Operating Activities $63.28M $4.261M $43.60M
Capital Expenditures -$2.009M $1.816M -$1.100M
Free Cash Flow $65.29M $2.445M $44.70M
YoY Change 46.06% -104.18% -72.01%

Facts In Submission

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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-54156000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
8961000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-7319000 USD
shoo Leases And Other Liabilities
LeasesAndOtherLiabilities
3672000 USD
shoo Leases And Other Liabilities
LeasesAndOtherLiabilities
6792000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
96184000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
607000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4599000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5496000 USD
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
8000000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
43376000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
41223000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
42383000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
47243000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2408000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
524000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7232000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
960000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
359000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
2859000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
19127000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
74685000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
29796000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
36990000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
12459000 USD
us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
0 USD
us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
176784000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
176784000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-126429000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-40936000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-504000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-476000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-28341000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-40281000 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
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
219523000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
223820000 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 nine months ended September 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.
CY2020Q3 shoo Salary Reduction Percentage For Executives
SalaryReductionPercentageForExecutives
0.30
us-gaap Payments To Employees
PaymentsToEmployees
100000 USD
CY2020 us-gaap Restructuring Costs
RestructuringCosts
7181000 USD
CY2021Q3 us-gaap Restructuring Costs
RestructuringCosts
0 USD
us-gaap Restructuring Costs
RestructuringCosts
1239000 USD
us-gaap Reclassifications
Reclassifications
– Reclassification<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Certain reclassifications were made to prior years' amounts to conform to the 2021 presentation, primarily as it relates to the breakout of the impairment of fixed assets and lease right-of-use assets from operating expenses on the Condensed Consolidated Statements of Income/Loss and as it relates to</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">segment reporting</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">of</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">corporate</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">expenses</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">and</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">corporate</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%"> </span>assets. See Note R – Operating Segment Information, for more information.
us-gaap Use Of Estimates
UseOfEstimates
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 profit levels, are analyzed by management to estimate the amount of the anticipated customer allowance.
shoo Factoring Fee
FactoringFee
0.0020
CY2021Q3 shoo Termination Notice In Days
TerminationNoticeInDays
60 USD
CY2021Q3 us-gaap Short Term Investments
ShortTermInvestments
40390000 USD
CY2020Q4 us-gaap Short Term Investments
ShortTermInvestments
39302000 USD
CY2021Q3 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
268000 USD
CY2021Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
268000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
8041000 USD
CY2021Q3 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
86000 USD
CY2021Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
8127000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
207000 USD
CY2020Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
997000 USD
CY2020Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
1204000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
207000 USD
shoo Business Acquisition Contingent Consideration Changein Estimate
BusinessAcquisitionContingentConsiderationChangeinEstimate
7834000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
8041000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9124000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
207000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
8041000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
3660000 USD
CY2021Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
4381000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
9118000 USD
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
9118000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
8534000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
28384000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
28950000 USD
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
1937000 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
8448000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
14818000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
8448000 USD
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
94000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
213000 USD
CY2021Q3 us-gaap Sublease Income
SubleaseIncome
80000 USD
CY2020Q3 us-gaap Sublease Income
SubleaseIncome
80000 USD
us-gaap Sublease Income
SubleaseIncome
241000 USD
us-gaap Sublease Income
SubleaseIncome
482000 USD
CY2021Q3 us-gaap Lease Cost
LeaseCost
10975000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
16996000 USD
us-gaap Lease Cost
LeaseCost
42961000 USD
us-gaap Lease Cost
LeaseCost
37129000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
32126000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
41663000 USD
CY2021Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2388000 USD
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
90832000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
101379000 USD
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
32063000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
34257000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
85358000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
98592000 USD
CY2021Q3 shoo Lease Liability
LeaseLiability
117421000 USD
CY2020Q4 shoo Lease Liability
LeaseLiability
132849000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y8M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2021Q3 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 USD
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
680000 USD
CY2020 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
22183000 USD
CY2020Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8373000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12992000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9968000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8493000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
15108000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
24256000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
34204000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
9997000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
33978000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
26006000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
19916000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
16123000 USD
CY2021Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
23449000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
129469000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12048000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
117421000 USD
CY2021Q3 shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
ImpairmentOfStoreFixedAssetsAndLeaseRightOfUseAssets
0 USD
shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
ImpairmentOfStoreFixedAssetsAndLeaseRightOfUseAssets
1089000 USD
CY2020Q3 shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
ImpairmentOfStoreFixedAssetsAndLeaseRightOfUseAssets
6897000 USD
shoo Impairment Of Store Fixed Assets And Lease Right Of Use Assets
ImpairmentOfStoreFixedAssetsAndLeaseRightOfUseAssets
36896000 USD
CY2019Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
200000000 USD
CY2019Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
200000000 USD
CY2021Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
250000000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
62081000 USD
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
49509000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
305735 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
41.23
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12604000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3608000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4468000 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2480000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2493000 shares
CY2020Q3 shoo Maximum Number Of Potential Dilutive Shares Issued Upon Vesting
MaximumNumberOfPotentialDilutiveSharesIssuedUponVesting
17000 USD
CY2021Q3 shoo Maximum Number Of Potential Dilutive Shares Issued Upon Vesting
MaximumNumberOfPotentialDilutiveSharesIssuedUponVesting
300000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
88216000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2910000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
163164000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-51457000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21551000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4236000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36827000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9366000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.456
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.226
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.182
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
11000000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
3269478 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
7730522 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1846567 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
2951891 shares
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
5677000 USD
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
5732000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
16696000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
16939000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
225000 shares
CY2020Q3 us-gaap Share Price
SharePrice
43.83
CY2021Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
409000 USD
CY2020Q3 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7232000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
960000 USD
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
265000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6077000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
758000 USD
CY2021Q3 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
63980 shares
CY2021Q3 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
41.50
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
485516 shares
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
27.73
CY2020Q3 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
65390 shares
CY2020Q3 shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
24.86
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriod
575552 shares
shoo Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable During Period Weighted Average Exercise Price In Dollars Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableDuringPeriodWeightedAverageExercisePriceInDollarsPerShare
26.83
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
514800 shares
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y2M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.403
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.496
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.339
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y9M18D
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0 USD
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CY2021Q3 us-gaap Indefinite Lived Trademarks
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us-gaap Gain Loss On Disposition Of Intangible Assets
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CY2021Q3 us-gaap Amortization Of Intangible Assets
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us-gaap Amortization Of Intangible Assets
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CY2020Q3 us-gaap Amortization Of Intangible Assets
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487000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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1718000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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CY2021Q3 us-gaap Derivative Notional Amount
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CY2021Q3 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
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CY2021Q3 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
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CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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CY2021Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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880000 USD
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765000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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CY2021Q3 us-gaap Other Commitment
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219998000 USD
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CY2021Q3 us-gaap Assets
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1300060000 USD
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CY2020Q3 us-gaap Revenues
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346867000 USD
CY2020Q3 us-gaap Gross Profit
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139877000 USD
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CY2020Q3 us-gaap Assets
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1104410000 USD
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us-gaap Revenues
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us-gaap Gross Profit
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OperatingIncomeLoss
164180000 USD
CY2020Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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150000000 USD
CY2020Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
150000000 USD
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100000000 USD
us-gaap Debt Instrument Basis Spread On Variable Rate1
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0.0050
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0.0040
CY2020Q3 shoo Line Cap Dollar Amount Before Base Trigger
LineCapDollarAmountBeforeBaseTrigger
22500000 USD
CY2020Q3 shoo Line Cap Percentage Before Base Trigger
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0.15 USD
CY2020Q3 shoo Line Cap Dollar Amount After Base Trigger
LineCapDollarAmountAfterBaseTrigger
15000000 USD
CY2020Q3 shoo Line Cap Percentage After Base Trigger
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CY2021Q3 us-gaap Letters Of Credit Outstanding Amount
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1400000 USD
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1300060000 USD
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1104410000 USD
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5496000 USD
CY2021Q3 us-gaap Revenues
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528742000 USD
CY2020Q3 us-gaap Revenues
Revenues
346867000 USD
us-gaap Revenues
Revenues
1287661000 USD
us-gaap Revenues
Revenues
848847000 USD

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