Skechers U.S.A. (SKX) 10-Q4 Nov 222022 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2022	Oct. 28, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Title of 12(b) Security	Class A Common Stock, par value $0.001 per share
Trading Symbol	SKX
Security Exchange Name	NYSE
Entity Registrant Name	SKECHERS USA INC
Entity Central Index Key	0001065837
Entity Current Reporting Status	Yes
Current Fiscal Year End Date	--12-31
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity File Number	001-14429
Entity Tax Identification Number	95-4376145
Entity Address, Address Line One	228 Manhattan Beach Blvd.
Entity Address, City or Town	Manhattan Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90266
City Area Code	310
Local Phone Number	318-3100
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Document Quarterly Report	true
Document Transition Report	false
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		134,212,238
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		20,888,571

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 508,281	$ 796,283
Short-term investments	102,986	98,580
Trade accounts receivable, less allowances of $58,818 and $62,684	933,908	732,793
Other receivables	75,075	80,043
Inventory	1,779,369	1,470,994
Prepaid expenses and other	182,260	193,547
Total current assets ($996,197 and $1,040,765 related to VIEs)	3,581,879	3,372,240
Property, plant and equipment, net	1,289,520	1,128,909
Operating lease right-of-use assets	1,117,951	1,224,580
Deferred tax assets	448,179	451,355
Long-term investments	70,242	145,590
Goodwill	93,497	93,497
Other assets, net	77,371	75,109
Total non-current assets ($587,295 and $608,607 related to VIEs)	3,096,760	3,119,040
TOTAL ASSETS	6,678,639	6,491,280
Current liabilities
Accounts payable	925,907	876,342
Accrued expenses	261,577	265,420
Operating lease liabilities	221,396	225,658
Current installments of long-term borrowings	136,930	76,967
Short-term borrowings	31,013	1,195
Total current liabilities ($566,888 and $601,929 related to VIEs)	1,576,823	1,445,582
Long-term operating lease liabilities	996,414	1,094,748
Long-term borrowings	225,505	263,445
Deferred tax liabilities	11,739	11,820
Other long-term liabilities	119,288	133,613
Total non-current liabilities ($309,923 and $368,994 related to VIEs)	1,352,946	1,503,626
Total liabilities	2,929,769	2,949,208
Commitments and contingencies (Note 10)	0	0
Stockholders’ equity
Preferred Stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding	0	0
Additional paid-in capital	387,459	429,608
Accumulated other comprehensive loss	(104,326)	(48,323)
Retained earnings	3,175,416	2,877,903
Skechers U.S.A., Inc. equity	3,458,704	3,259,344
Noncontrolling interests	290,166	282,728
Total stockholders' equity	3,748,870	3,542,072
TOTAL LIABILITIES AND EQUITY	6,678,639	6,491,280
Class A Common Stock [Member]
Stockholders’ equity
Common Stock	134	135
Class B Common Stock [Member]
Stockholders’ equity
Common Stock	$ 21	$ 21

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Trade accounts receivable, allowances	$ 58,818	$ 62,684
Current assets related to VIEs	3,581,879	3,372,240
Non-current assets related to VIEs	3,096,760	3,119,040
Current liabilities related to VIEs	1,576,823	1,445,582
Non-current liabilities related to VIEs	$ 1,352,946	$ 1,503,626
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Variable interest entity, primary beneficiary [Member]
Current assets related to VIEs	$ 996,197	$ 1,040,765
Non-current assets related to VIEs	587,295	608,607
Current liabilities related to VIEs	566,888	601,929
Non-current liabilities related to VIEs	$ 309,923	$ 368,994
Class A Common Stock [Member]
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	500,000,000	500,000,000
Common Stock, shares issued	134,212,000	135,107,000
Common Stock, shares outstanding	134,212,000	135,107,000
Class B Common Stock [Member]
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	75,000,000	75,000,000
Common Stock, shares issued	20,889,000	20,939,000
Common Stock, shares outstanding	20,889,000	20,939,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Sales	$ 1,878,367	$ 1,558,476	$ 5,565,765	$ 4,654,802
Cost of sales	994,432	781,513	2,960,088	2,338,588
Gross profit	883,935	776,963	2,605,677	2,316,214
Operating expenses
Selling	150,857	127,845	425,675	360,640
General and administrative	603,107	502,871	1,719,969	1,450,449
Total operating expenses	753,964	630,716	2,145,644	1,811,089
Earnings from operations	129,971	146,247	460,033	505,125
Other expense	(15,139)	(8,049)	(40,144)	(20,065)
Earnings before income taxes	114,832	138,198	419,889	485,060
Income tax expense	20,498	21,497	83,229	92,027
Net earnings	94,334	116,701	336,660	393,033
Less: Net earnings attributable to noncontrolling interests	8,448	13,562	39,147	53,952
Net earnings attributable to Skechers U.S.A., Inc.	$ 85,886	$ 103,139	$ 297,513	$ 339,081
Net earnings per share attributable to Skechers U.S.A., Inc.
Basic	$ 0.55	$ 0.66	$ 1.91	$ 2.18
Diluted	$ 0.55	$ 0.66	$ 1.90	$ 2.17
Weighted-average shares used in calculating net earnings per share attributable to Skechers U.S.A., Inc.
Basic	155,420	155,835	155,783	155,413
Diluted	156,233	157,123	156,714	156,590

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement Of Income And Comprehensive Income [Abstract]
Net earnings	$ 94,334	$ 116,701	$ 336,660	$ 393,033
Other comprehensive income, net of tax
Net unrealized gain on derivative contract	3,113	200	10,210	1,823
Loss on foreign currency translation adjustment	(42,888)	(13,027)	(83,628)	(22,520)
Comprehensive income	54,559	103,874	263,242	372,336
Less: Comprehensive income (loss) attributable to noncontrolling interests	(2,785)	10,255	20,979	50,480
Comprehensive income attributable to Skechers U.S.A., Inc.	$ 57,344	$ 93,619	$ 242,263	$ 321,856

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Class A Common Stock [Member]	Class B Common Stock [Member]	Common Stock Class A Common Stock [Member]	Common Stock Class B Common Stock [Member]	ADDITIONAL PAID-IN CAPITAL [Member]	ACCUMULATED OTHER COMPREHENSIVE INCOME LOSS [Member]	RETAINED EARNINGS [Member]	SKECHERS U.S.A., INC. EQUITY [Member]	NON CONTROLLING INTEREST [Member]
Beginning Balance at Dec. 31, 2020	$ 2,725,663			$ 134	$ 21	$ 372,165	$ (27,285)	$ 2,136,400	$ 2,481,435	$ 244,228
Beginning Balance, Shares at Dec. 31, 2020				133,618,000	21,016,000
Net earnings	393,033							339,081	339,081	53,952
Foreign currency translation adjustment	(22,520)						(17,225)		(17,225)	(5,295)
Contributions from noncontrolling interests	6,731									6,731
Distributions to noncontrolling interests	(7,876)									(7,876)
Purchase of noncontrolling interest	(9,928)					(6,856)			(6,856)	(3,072)
Net unrealized gain (loss) on derivative contract	1,823									1,823
Stock compensation expense	41,350					41,350			41,350
Proceeds from the employee stock purchase plan	4,027					4,027			4,027
Proceeds from the employee stock purchase plan, Shares				141,000
Shares issued under the incentive award plan				$ 1		(1)
Shares issued under the incentive award plan, Shares				1,073,000
Shares redeemed for employee tax withholdings	(309)					(309)			(309)
Shares redeemed for employee tax withholdings, Shares				(6,000)
Repurchases of common stock	$ 0
Repurchases of common stock, Shares	0
Conversion of Class B Common Stock into Class A Common Stock, Shares				77,000	(77,000)
Ending Balance at Sep. 30, 2021	$ 3,131,994			$ 135	$ 21	410,376	(44,510)	2,475,481	2,841,503	290,491
Ending Balance, Shares at Sep. 30, 2021				134,903,000	20,939,000
Beginning Balance at Jun. 30, 2021	3,014,104			$ 135	$ 21	395,951	(34,990)	2,372,342	2,733,459	280,645
Beginning Balance, Shares at Jun. 30, 2021				134,884,000	20,949,000
Net earnings	116,701							103,139	103,139	13,562
Foreign currency translation adjustment	(13,027)						(9,520)		(9,520)	(3,507)
Contributions from noncontrolling interests	6,717									6,717
Distributions to noncontrolling interests	(7,126)									(7,126)
Net unrealized gain (loss) on derivative contract	200									200
Stock compensation expense	14,664					14,664			14,664
Shares issued under the incentive award plan, Shares				14,000
Shares redeemed for employee tax withholdings	(239)					(239)			(239)
Shares redeemed for employee tax withholdings, Shares				(5,000)
Repurchases of common stock	$ 0
Repurchases of common stock, Shares	0
Conversion of Class B Common Stock into Class A Common Stock, Shares				10,000	(10,000)
Ending Balance at Sep. 30, 2021	$ 3,131,994			$ 135	$ 21	410,376	(44,510)	2,475,481	2,841,503	290,491
Ending Balance, Shares at Sep. 30, 2021				134,903,000	20,939,000
Beginning Balance at Dec. 31, 2021	3,542,072			$ 135	$ 21	429,608	(48,323)	2,877,903	3,259,344	282,728
Beginning Balance, Shares at Dec. 31, 2021		135,107,000	20,939,000	135,107,000	20,939,000
Net earnings	336,660							297,513	297,513	39,147
Foreign currency translation adjustment	(83,628)						(56,003)		(56,003)	(27,625)
Distributions to noncontrolling interests	(13,541)									(13,541)
Net unrealized gain (loss) on derivative contract	10,210					753			753	9,457
Stock compensation expense	44,018					44,018			44,018
Proceeds from the employee stock purchase plan	4,836					4,836			4,836
Proceeds from the employee stock purchase plan, Shares				144,000
Shares issued under the incentive award plan				$ 1		(1)
Shares issued under the incentive award plan, Shares				1,268,000
Shares redeemed for employee tax withholdings	(17,512)					(17,512)			(17,512)
Shares redeemed for employee tax withholdings, Shares				(430,000)
Repurchases of common stock	$ (74,245)			$ (2)		(74,243)			(74,245)
Repurchases of common stock, Shares	(1,926,781,000)			(1,927,000)
Conversion of Class B Common Stock into Class A Common Stock, Shares				50,000	(50,000)
Ending Balance at Sep. 30, 2022	$ 3,748,870			$ 134	$ 21	387,459	(104,326)	3,175,416	3,458,704	290,166
Ending Balance, Shares at Sep. 30, 2022		134,212,000	20,889,000	134,212,000	20,889,000
Beginning Balance at Jun. 30, 2022	3,718,104			$ 135	$ 21	402,360	(75,784)	3,089,530	3,416,262	301,842
Beginning Balance, Shares at Jun. 30, 2022				134,845,000	20,889,000
Net earnings	94,334							85,886	85,886	8,448
Foreign currency translation adjustment	(42,888)						(28,542)		(28,542)	(14,346)
Distributions to noncontrolling interests	(8,891)									(8,891)
Net unrealized gain (loss) on derivative contract	3,113									3,113
Stock compensation expense	10,223					10,223			10,223
Shares issued under the incentive award plan, Shares				10,000
Shares redeemed for employee tax withholdings	(112)					(112)			(112)
Shares redeemed for employee tax withholdings, Shares				(4,000)
Repurchases of common stock	$ (25,013)			$ (1)		(25,012)			(25,013)
Repurchases of common stock, Shares	(639,295,000)			(639,000)
Ending Balance at Sep. 30, 2022	$ 3,748,870			$ 134	$ 21	$ 387,459	$ (104,326)	$ 3,175,416	$ 3,458,704	$ 290,166
Ending Balance, Shares at Sep. 30, 2022		134,212,000	20,889,000	134,212,000	20,889,000

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities
Net earnings	$ 336,660	$ 393,033
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities
Depreciation and amortization	110,688	100,658
Provision for bad debts and returns	22,212	21,504
Stock compensation	44,018	41,350
Deferred income taxes	1,909	(8,393)
Net foreign currency adjustments	17,266	(2,022)
Changes in operating assets and liabilities
Receivables	(287,470)	(179,108)
Inventory	(380,877)	(221,366)
Other assets	15,082	(5,937)
Accounts payable	91,901	106,202
Other liabilities	(14,230)	7,317
Net cash (used in) provided by operating activities	(42,841)	253,238
Cash flows from investing activities
Capital expenditures	(263,631)	(235,626)
Purchases of investments	(43,527)	(168,892)
Proceeds from sales and maturities of investments	114,469	148,442
Net cash used in investing activities	(192,689)	(256,076)
Cash flows from financing activities
Net proceeds from the employee stock purchase plan	4,836	4,027
Repayments on long-term borrowings	(30,408)	(477,909)
Proceeds from long-term borrowings	52,431	72,746
Net proceeds from (repayments on) short-term borrowings	29,818	(2,977)
Payments for employee taxes related to stock compensation	(17,512)	(309)
Repurchases of common stock	(74,245)	0
Purchase of noncontrolling interests	0	(9,928)
Contributions from noncontrolling interests	0	6,731
Distributions to noncontrolling interests	(13,541)	(7,876)
Net cash used in financing activities	(48,621)	(415,495)
Effect of exchange rate changes on cash and cash equivalents	(3,851)	(417)
Net change in cash and cash equivalents	(288,002)	(418,750)
Cash and cash equivalents at beginning of the period	796,283	1,370,826
Cash and cash equivalents at end of the period	508,281	952,076
Cash paid during the period for
Interest	13,857	10,620
Income taxes, net	73,320	96,710
Non-cash transactions
ROU assets exchanged for lease liabilities	$ 199,646	$ 144,729

General

General	9 Months Ended
General	Sep. 30, 2022
Accounting Policies [Abstract]
General	(1) General Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Skechers U.S.A., Inc. (the “Company”) have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”), for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S‑X. In the opinion of management, all normal adjustments and accruals considered necessary to provide a fair statement of the results of operations for the interim periods presented have been included. The December 31, 2021 balance sheet data was derived from audited financial statements; however, the accompanying notes to condensed consolidated financial statements do not include all of the annual disclosures required under GAAP and should be read in conjunction with the Company’s 2021 Annual Report on Form 10-K. Noncontrolling Interests The Company has equity interests in several joint ventures that were established either to exclusively distribute the Company’s products throughout Mexico, Asia and the Middle East or to construct the Company’s domestic distribution facility. These joint ventures are variable interest entities (“VIE”), and the Company is considered the primary beneficiary. This determination is based on the relationships between the Company and the VIE, including management agreements, governance documents and other contractual arrangements. Specifically, the Company has both of the following characteristics: (a) the power to direct the activities of the entity that most significantly impact the entity’s economic performance; and (b) the obligation to absorb losses of the entity that could potentially be significant to the VIE, or the right to receive benefits from the entity that could potentially be significant to the VIE. The assets and liabilities and results of operations of these entities are included in the Company’s condensed consolidated financial statements, even though the Company may not hold a majority equity interest. In March 2021, the minority interest related to the Hong Kong joint venture was purchased for $10.0 million. The Hong Kong entity continues to be included in the Company’s condensed consolidated financial statements FAIR VALUE OF FINANCIAL INSTRUMENTS The fair value hierarchy as defined by applicable accounting standards prioritizes the use of inputs used in valuation techniques into the following three levels: • Level 1: Quoted market prices in active markets for identical assets or liabilities. • Level 2: Other observable market-based inputs or unobservable inputs that are corroborated by market data. • Level 3: Unobservable inputs that cannot be corroborated by market data that reflect the reporting entity’s own assumptions. The Company’s Level 1 investments primarily include money market funds and United States (“U.S.”) Treasury securities; Level 2 investments primarily include corporate notes and bonds, asset-backed securities, and actively traded mutual funds; and the Company does not currently have any Level 3 assets or liabilities. The Company has one Level 2 derivative instrument which is an interest rate swap related to the refinancing of its U.S. distribution center (see Note 4 – Financial Commitments) classified as other assets, net . The fair value of the interest rate swap was determined using the market standard methodology of netting the discounted future fixed cash payments and the discounted expected variable cash receipts. The variable cash receipt was based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. Credit valuation adjustments were incorporated to appropriately reflect both the Company’s nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. The carrying amount of receivables, payables and other amounts arising out of the normal course of business approximates fair value because of the relatively short maturity of such instruments. The carrying amount of the Company’s short-term and long-term borrowings, which are considered Level 2 liabilities, approximates fair value based on current rates and terms available to the Company for similar debt. DERIVATIVE INSTRUMENTS The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage exposure to interest rate movements management strategy. The Company’s interest rate swap, designated as a cash flow hedge, involves the receipt of variable amounts from a counterparty in exchange for making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. By utilizing an interest rate swap, the Company is exposed to credit-related losses in the event that the counterparty fails to perform under the terms of the derivative contract. To mitigate this risk, the Company enters into derivative contracts with major financial institutions based upon credit ratings and other factors. The Company continually assesses the creditworthiness of its counterparties. As of September 30, 2022 , all counterparties to the interest rate swap had performed in accordance with their contractual obligations. Recent Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, In March 2020, the FASB issued ASU 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,

Cash, Cash Equivalents, Short-T

Cash, Cash Equivalents, Short-Term And Long-Term Investments	9 Months Ended
	Sep. 30, 2022
Cash Cash Equivalents And Short Term And Long Term Investments [Abstract]
Cash, Cash Equivalents, Short-Term and Long-Term Investments	(2) Cash, Cash Equivalents, Short-term and Long-term Investments The following tables show the Company’s cash, cash equivalents, short-term and long-term investments by significant investment category: As of September 30, 2022 (in thousands) Adjusted Cost Fair Value Cash and Cash Equivalents Short-Term Investments Long-Term Investments Cash $ 454,788 $ 454,788 $ 454,788 $ — $ — Level 1 Money market funds 53,493 53,493 53,493 — — U.S. Treasury securities 18,314 18,314 — 18,314 — Total level 1 71,807 71,807 53,493 18,314 — Level 2 Corporate notes and bonds 98,034 98,034 — 83,812 14,222 Asset-backed securities 6,670 6,670 — 860 5,810 Mutual funds 50,210 50,210 — — 50,210 Total level 2 154,914 154,914 — 84,672 70,242 Total $ 681,509 $ 681,509 $ 508,281 $ 102,986 $ 70,242 As of December 31, 2021 (in thousands) Adjusted Cost Fair Value Cash and Cash Equivalents Short-Term Investments Long-Term Investments Cash $ 664,220 $ 664,220 $ 664,220 $ — $ — Level 1 Money market funds 132,063 132,063 132,063 — — U.S. Treasury securities 25,437 25,437 — 8,896 16,541 Total level 1 157,500 157,500 132,063 8,896 16,541 Level 2 Corporate notes and bonds 148,373 148,373 — 84,783 63,590 Asset-backed securities 17,180 17,180 — 4,901 12,279 Mutual funds 53,180 53,180 — — 53,180 Total level 2 218,733 218,733 — 89,684 129,049 Total $ 1,040,453 $ 1,040,453 $ 796,283 $ 98,580 $ 145,590 The Company’s investments consist of U.S. Treasury securities, corporate notes and bonds and asset-backed securities, which the Company has the intent and ability to hold to maturity and therefore are classified as held-to-maturity. The Company holds mutual funds in its deferred compensation plan which are classified as trading securities. The Company may sell certain of its investments prior to their stated maturities for strategic reasons including, but not limited to, anticipation of credit deterioration and duration management. The maturities of the Company’s long-term investments are less than two years. The Company minimizes the potential risk of principal loss by investing in highly-rated securities and limiting the amount of credit exposure to any one issuer. Fair values were determined for each individual security in the investment portfolio. When evaluating an investment for its current expected credit losses, the Company reviews factors such as historical experience with defaults, losses, credit ratings, term, market sector and macroeconomic trends, including current conditions and forecasts to the extent they are reasonable and supportable.

Accrued Expenses

Accrued Expenses	9 Months Ended
Accrued Expenses	Sep. 30, 2022
Payables And Accruals [Abstract]
Accrued Expenses	(3) Accrued Expenses Accrued expenses were as follows: As of As of (in thousands) September 30, 2022 December 31, 2021 Accrued payroll, taxes, and other $ 156,112 $ 143,295 Return reserve liability 64,207 68,944 Accrued inventory purchases 41,258 53,181 Accrued expenses $ 261,577 $ 265,420

Financial Commitments

Financial Commitments	9 Months Ended
Financial Commitments	Sep. 30, 2022
Debt Disclosure [Abstract]
Financial Commitments	(4) Financial Commitments The Company had $2.8 million Long-term borrowings were as follows: As of As of (in thousands) September 30, 2022 December 31, 2021 HF-T1 Distribution Center Loan $ 129,505 $ 129,505 HF-T2 Distribution Center Construction Loan 72,098 57,227 China Distribution Center Construction Loan 92,308 75,621 China Operational Loans 60,588 69,796 Other 7,936 8,263 Subtotal 362,435 340,412 Less: Current installments 136,930 76,967 Total long-term borrowings $ 225,505 $ 263,445 Revolving Credit Facility The Company maintains a revolving credit facility to manage liquidity; including working capital and capital expenditures. On December 15, 2021, the Company amended its $500.0 million senior, unsecured revolving credit agreement dated November 21, 2019 (the “Amended Credit Agreement”). The Amended Credit Agreement expands its senior, unsecured credit facility to $750.0 million, which may be increased by up to $250.0 million under certain conditions and provides for the issuance of letters of credit up to a maximum of $100.0 million and swingline loans up to a maximum of $50.0 million. The Amended Credit Agreement extends the maturity date of the credit agreement, which was due to expire on November 21, 2024, to December 15, 2026 . As of revolving credit facility which is included in the short-term borrowings on the condensed consolidated balance sheets, and the weighted-average annual interest rate on borrowings was approximately 2.03% during the nine months ended September 30, 2022. The unused credit capacity was $722.2 million and $732.8 million as of , 2021. The Company is required to maintain a maximum total adjusted net leverage ratio of 3.75:1, except in the event of an acquisition in which case the September 30, 2022 HF-T1 Distribution Center Loan To finance construction and improvements to the Company’s North American distribution center, t he Company’s joint venture with HF Logistics I, LLC (“HF”), HF Logistics-SKX, LLC (the “JV”) , through a wholly-owned subsidiary of the JV (“HF - T1”), entered into a $129.5 million construction loan agreement which matures on March 18, 2025 (the “HF-T1 2020 Loan”) with interest of LIBOR Daily Floating Rate plus a margin of 1.75% per annum. HF-T1 also entered into an ISDA master agreement (together with the schedule related thereto, the “Swap Agreement”) with Bank of America, N.A. to govern derivative and/or hedging transactions that HF-T1 concurrently entered into with Bank of America, N.A. Pursuant to the Swap Agreement, on August 14, 2015, HF-T1 entered into a confirmation of swap transactions (the “Interest Rate Swap”) as amended (the “Swap Agreement Amendment”) on March 18, 2020 with Bank of America, N.A with a maturity date of March 18, 2025. The Swap Agreement Amendment fixes the effective interest rate on the HF-T1 2020 Loan at 2.55% per annum. The HF-T1 2020 Loan and Swap Agreement Amendment are subject to customary covenants and events of default. Bank of America, N.A. also acts as a lender and syndication agent under the Company’s revolving credit facility. The Interest Rate Swap involves the receipt of variable amounts from a counterparty in exchange for making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. As of both September 30, 2022 and December 31, 2021, the Interest Rate Swap had an aggregate notional amount of $ . HF-T2 Distribution Center Construction Loan To finance the expansion of the Company’s North American distribution center, the JV, through HF Logistics-SKX T2, LLC, a wholly-owned subsidiary of the JV (“HF-T2”) entered into a construction loan agreement of up to $73.0 million which matures on April 3, 2025. Under the 2020 Construction Loan Agreement, the interest rate per annum on the HF-T2 2020 Construction Loan is BSBY Daily Floating Rate (as defined therein) plus a margin of 190 basis points, reducing to 175 basis points upon substantial completion of the construction and certain other conditions being satisfied. The weighted-average annual interest rate on borrowings under the HF-T2 Distribution Center Construction Loan was approximately 3.27% during the nine months ended September 30, 2022 China Distribution Center Construction Loan T he Company entered into a 700.0 China Distribution Center Expansion Construction Loan (Subsequent Event) On October 18, 2022, the Company entered into a loan agreement for 1.1 billion yuan with Bank of China Co., Ltd to finance the construction of its distribution center expansion in China. Interest is paid quarterly. The interest rate at October 18, 2022 was 3.4% and may increase or decrease over the life of the loan, and will be evaluated every 12 months. This loan matures 10 years from the initial receipt of funds. Beginning in 2026, the principal of the loan will be repaid in semi-annual installments of variable amounts. The obligations of this loan entered through the Company’s Taicang Subsidiary are jointly and severally guaranteed by the Company’s China joint venture. China Operational Loans The Company has entered certain secured credit facilities to support the operations of its China joint venture. The balance of working capital loans was approximately $46.6 million with interest rates ranging from 3.00% to 4.30% as of December 31, 2021 was approximately $52.6 million with interest rates ranging from 1.00% to 3.70% per annum. The balance of loans related to a corporate office building in Shanghai was approximately $14.0 million, with interest at 4.13% per annum, as of September 30, 2022 and $17.2 million as of December 31, 2021, with interest at 4.28% per annum, payable at terms agreed by the lender. As of September 30, 2022 the outstanding balances classified as current borrowings in the Company’s condensed consolidated balance sheets included $32.9 million related to the working capital loans and $4.2 million related to the office building loans. As of December 31, 2021, the outstanding balances classified as current borrowings in the Company’s condensed consolidated balance sheets included $37.6 million related to the working capital loans and $4.0 million related to the office building loans .

Stockholders Equity and Stock C

Stockholders Equity and Stock Compensation	9 Months Ended
Stockholders Equity and Stock Compensation	Sep. 30, 2022
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stockholders Equity and Stock Compensation	( 5 ) Stockholders Equity and Stock Compensation SHARE REPURCHASE PROGRAM On January 31, 2022, the Company’s Board of Directors authorized a share repurchase program (the “Share Repurchase Program”), pursuant to which the Company may, from time to time, purchase shares of its Class A common stock, for an aggregate repurchase price not to exceed $500 million. The Share Repurchase Program expires on January 31, 2025 and does not obligate the Company to acquire any particular amount of shares. As of September 30, 2022 , there was $425.8 million remaining to repurchase shares under the Share Repurchase Program. The following table provides a summary the Company’s stock repurchase activities: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Shares repurchased 639,295 — 1,926,781 — Average cost per share $ 39.13 $ — $ 38.53 $ — Total cost of shares repurchased (in thousands) $ 25,013 $ — $ 74,245 $ — INCENTIVE AWARD PLAN In the nine months ended September 30, 2022 , the Company granted restricted stock with time-based vesting as well as performance-based awards. The performance-based awards include a market condition tied to the Company’s total shareholder return in relation to its peer companies as well as a financial performance condition tied to annual earnings per share (“EPS”) growth. The vesting and ultimate payout of performance awards is determined at the end of the three-year The Company issued the following stock-based instruments: Nine Months Ended September 30, 2022 2021 Granted Weighted-Average Grant-Date Fair Value Granted Weighted-Average Grant-Date Fair Value Restricted stock 1,380,650 $ 38.43 699,300 $ 43.40 Performance-based restricted stock 116,250 $ 42.46 108,750 $ 38.95 Market-based restricted stock 116,250 $ 58.85 108,750 $ 54.34 A summary of the status and changes of the Company’s unvested shares is presented below: Shares Weighted-Average Grant-Date Fair Value Unvested at December 31, 2021 3,253,316 $ 38.97 Granted 1,613,150 40.19 Vested (1,266,281 ) 36.07 Cancelled (53,633 ) 40.81 Unvested at September 30, 2022 3,546,552 $ 40.53 The Company determines the fair value of restricted stock awards and any performance-related components based on the closing market price of the Company’s common stock on the date of grant. For share-based awards with a performance-based vesting requirement, the Company evaluates the probability of achieving the performance criteria throughout the performance period and will adjust stock compensation expense up or down based on its estimated probable outcome. Certain performance-based awards contain market condition components which are valued on the date of grant using a Monte Carlo simulation model. For the three months ended September 30, 2022 and 2021, the Company recognized $9.7 million and $14.2 million of incentive stock compensation expense. For the nine months ended September 30, 2022 and 2021, the Company recognized $42.0 million and $39.7 million of incentive stock compensation expense. As of September 30, 2022, the unamortized stock compensation of $98.0 million is expected to be recognized over a weighted-average period of 2.01 . STOCK PURCHASE PLAN A total of 5,000,000 shares of Class A Common Stock are available for sale under the 2018 Employee Stock Purchase Plan (“2018 ESPP”). The 2018 ESPP provides eligible employees of the Company and its subsidiaries the opportunity to purchase shares of the Company’s Class A Common Stock at a purchase price equal to 85% of the fair market value on the first trading day or last trading day of each purchase period, whichever is lower. Eligible employees can invest up to 15% of their compensation through payroll deductions during each purchase period. The purchase price discount and the look-back feature cause the 2018 ESPP to be compensatory and the Company recognizes compensation expense, which is computed using the Black-Scholes valuation model. For the three months ended September 30, 2022 and 2021 nine months ended September 30, 2022 September 30, 2022

Earnings Per Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	(6) Earnings Per Share Basic EPS and diluted EPS are calculated by dividing net earnings by the following: for basic EPS, the weighted-average number of common shares outstanding for the period; and for diluted EPS, the sum of the weighted-average number of both outstanding common shares and potentially dilutive common shares using the treasury stock method . The calculation of EPS is as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands, except per share data) 2022 2021 2022 2021 Net earnings attributable to Skechers U.S.A., Inc. $ 85,886 $ 103,139 $ 297,513 $ 339,081 Weighted-average common shares outstanding, basic 155,420 155,835 155,783 155,413 Dilutive effect of nonvested shares 813 1,288 931 1,177 Weighted-average common shares outstanding, diluted 156,233 157,123 156,714 156,590 Anti-dilutive common shares excluded above 55 — 40 11 Net earnings per share attributable to Skechers U.S.A., Inc. Basic $ 0.55 $ 0.66 $ 1.91 $ 2.18 Diluted $ 0.55 $ 0.66 $ 1.90 $ 2.17

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	(7) Income Taxes The tax provisions for the three and nine months ended September 30, 2022 applicable September 30, 2022 September 30, 2022 the result of

Related Party Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	( 8 ) Related Party Transactions The Skechers Foundation (the “Foundation”) is a 501(c)(3) non-profit entity and not a subsidiary or otherwise affiliated with the Company. The Company does not have a financial interest in the Foundation. However, two officers and directors of the Company, Michael Greenberg, the Company’s President, and David Weinberg, the Company’s Chief Operating Officer, are officers and directors of the Foundation. The Company made contributions to the Foundation of $0.5 million and $1.5 million for the three months ended September 30, 2022 and 2021, and $1.5 million and $2.5 million for the nine-month periods ended September 30, 2022 and 2021. In March 2021, the Company purchased two properties for $2.7 million, from an entity controlled by its President, Michael Greenberg, to facilitate future expansion of our corporate office buildings in Manhattan Beach, California. The terms of the sale were no less favorable than could be obtained from an unrelated third party.

Segment and Geographic Informat

Segment and Geographic Information	9 Months Ended
Segment and Geographic Information	Sep. 30, 2022
Segment Reporting [Abstract]
Segment and Geographic Information	(9) Segment and Geographic Information During the first quarter of 2022, the Company refined the way in which management assesses performance and allocates resources and now presents its reportable segment results as Wholesale and Direct-to-Consumer. Comparative periods have been recast to reflect these changes. Management continues to evaluate segment performance based primarily on sales and gross margin. Other costs and expenses of the Company are analyzed on an aggregate basis and not allocated to the segments. The following summarizes the Company’s operations by segment and geographic area: Segment Information Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Wholesale sales $ 1,191,586 $ 944,465 $ 3,583,216 $ 2,851,803 Gross profit 424,600 361,868 1,294,039 1,110,859 Gross margin 35.6 % 38.3 % 36.1 % 39.0 % Direct-to-Consumer sales $ 686,781 $ 614,011 $ 1,982,549 $ 1,802,999 Gross profit 459,335 415,095 1,311,638 1,205,355 Gross margin 66.9 % 67.6 % 66.2 % 66.9 % Total sales $ 1,878,367 $ 1,558,476 $ 5,565,765 $ 4,654,802 Gross profit 883,935 776,963 2,605,677 2,316,214 Gross margin 47.1 % 49.9 % 46.8 % 49.8 % (in thousands) As of September 30, 2022 As of December 31, 2021 Identifiable assets Wholesale $ 3,700,436 $ 3,816,513 Direct-to-Consumer 2,978,203 2,674,767 Total $ 6,678,639 $ 6,491,280 Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Additions to property, plant and equipment Wholesale $ 69,344 $ 57,185 $ 184,007 $ 182,378 Direct-to-Consumer 30,776 32,222 79,624 53,248 Total $ 100,120 $ 89,407 $ 263,631 $ 235,626 Geographic Information Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Geographic sales Domestic Wholesale $ 406,594 $ 354,338 $ 1,466,204 $ 1,132,853 Domestic Direct-to-Consumer 339,174 294,906 898,131 849,339 Total domestic sales 745,768 649,244 2,364,335 1,982,192 International Wholesale 784,991 590,127 2,117,011 1,718,950 International Direct-to-Consumer 347,608 319,105 1,084,419 953,660 Total international sales 1,132,599 909,232 3,201,430 2,672,610 Total sales $ 1,878,367 $ 1,558,476 $ 5,565,765 $ 4,654,802 Regional Sales Americas (AMER) $ 947,987 $ 815,786 $ 2,928,752 $ 2,396,644 Europe, Middle East & Africa (EMEA) 469,787 318,389 1,285,554 961,955 Asia Pacific (APAC) 460,593 424,301 1,351,459 1,296,203 Total sales $ 1,878,367 $ 1,558,476 $ 5,565,765 $ 4,654,802 China sales $ 226,728 $ 278,081 $ 754,676 $ 845,554 (in thousands) As of September 30, 2022 As of December 31, 2021 Property, plant and equipment, net Domestic $ 835,637 $ 708,763 International 453,883 420,146 Total $ 1,289,520 $ 1,128,909 China property plant and equipment, net $ 252,685 $ 255,421 The Company’s sales to its five largest customers accounted for approximately 10.3% and 10.1% of total sales for the three months ended September 30, 2022 and 2021, and for the nine months ended September 30, 2022 and 2021 were 10.2% and 9.0%. Assets located outside the U.S. consist primarily of cash, accounts receivable, inventory, property, plant and equipment, and other assets. Net assets held outside the U.S. were $4.1 billion and $4.2 billion at September 30, 2022 and December 31, 2021. Goodwill of $93.5 million is included in the Wholesale segment. The Company performs regular evaluations concerning the ability of customers to satisfy their obligations and provides for estimated doubtful accounts. Domestic accounts receivable generally do not require collateral. Foreign accounts receivable are generally collateralized by letters of credit. The Company’s additions to the provision for expected credit losses for the three months ended September 30, 2022 and 2021 were $2.2 million and $2.2 million and for 2021 . The Company’s accounts receivables, excluding allowances for bad debts, allowances and chargebacks, by geography are summarized as follows: (in thousands) As of September 30, 2022 As of December 31, 2021 Domestic Accounts Receivable $ 357,634 $ 270,404 International Accounts Receivable 635,092 525,073 The Company’s top five manufacturers produced the following: Three Months Ended September 30, Nine Months Ended September 30, (percentage of total production) 2022 2021 2022 2021 Manufacturer #1 14.5 16.3 16.0 17.3 Manufacturer #2 7.8 6.3 6.4 5.8 Manufacturer #3 6.9 5.3 5.7 4.8 Manufacturer #4 6.0 4.8 5.5 4.8 Manufacturer #5 6.0 4.7 5.3 4.5 41.2 37.4 38.9 37.2

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2022
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	( 10 ) Commitments and Contingencies In accordance with GAAP, the Company records a liability in its condensed consolidated financial statements for loss contingencies when a loss is known or considered probable and the amount can be reasonably estimated. When determining the estimated loss or range of loss, significant judgment is required to estimate the amount and timing of a loss to be recorded. Estimates of probable losses resulting from litigation and governmental proceedings are inherently difficult to predict, particularly when the matters are in the procedural stages or with unspecified or indeterminate claims for damages, potential penalties, or fines. Accordingly, the Company cannot determine the final amount, if any, of its liability beyond the amount accrued in the condensed consolidated financial statements as of September 30, 2022, nor is it possible to estimate what litigation-related costs will be in the future; however, the Company believes that the likelihood that claims related to litigation would result in a material loss to the Company, either individually or in the aggregate, is remote.

General (Policies)

General (Policies)	9 Months Ended
General (Policies)	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Skechers U.S.A., Inc. (the “Company”) have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”), for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S‑X. In the opinion of management, all normal adjustments and accruals considered necessary to provide a fair statement of the results of operations for the interim periods presented have been included. The December 31, 2021 balance sheet data was derived from audited financial statements; however, the accompanying notes to condensed consolidated financial statements do not include all of the annual disclosures required under GAAP and should be read in conjunction with the Company’s 2021 Annual Report on Form 10-K.
Noncontrolling Interests	Noncontrolling Interests The Company has equity interests in several joint ventures that were established either to exclusively distribute the Company’s products throughout Mexico, Asia and the Middle East or to construct the Company’s domestic distribution facility. These joint ventures are variable interest entities (“VIE”), and the Company is considered the primary beneficiary. This determination is based on the relationships between the Company and the VIE, including management agreements, governance documents and other contractual arrangements. Specifically, the Company has both of the following characteristics: (a) the power to direct the activities of the entity that most significantly impact the entity’s economic performance; and (b) the obligation to absorb losses of the entity that could potentially be significant to the VIE, or the right to receive benefits from the entity that could potentially be significant to the VIE. The assets and liabilities and results of operations of these entities are included in the Company’s condensed consolidated financial statements, even though the Company may not hold a majority equity interest. In March 2021, the minority interest related to the Hong Kong joint venture was purchased for $10.0 million. The Hong Kong entity continues to be included in the Company’s condensed consolidated financial statements
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS The fair value hierarchy as defined by applicable accounting standards prioritizes the use of inputs used in valuation techniques into the following three levels: • Level 1: Quoted market prices in active markets for identical assets or liabilities. • Level 2: Other observable market-based inputs or unobservable inputs that are corroborated by market data. • Level 3: Unobservable inputs that cannot be corroborated by market data that reflect the reporting entity’s own assumptions. The Company’s Level 1 investments primarily include money market funds and United States (“U.S.”) Treasury securities; Level 2 investments primarily include corporate notes and bonds, asset-backed securities, and actively traded mutual funds; and the Company does not currently have any Level 3 assets or liabilities. The Company has one Level 2 derivative instrument which is an interest rate swap related to the refinancing of its U.S. distribution center (see Note 4 – Financial Commitments) classified as other assets, net . The fair value of the interest rate swap was determined using the market standard methodology of netting the discounted future fixed cash payments and the discounted expected variable cash receipts. The variable cash receipt was based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. Credit valuation adjustments were incorporated to appropriately reflect both the Company’s nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. The carrying amount of receivables, payables and other amounts arising out of the normal course of business approximates fair value because of the relatively short maturity of such instruments. The carrying amount of the Company’s short-term and long-term borrowings, which are considered Level 2 liabilities, approximates fair value based on current rates and terms available to the Company for similar debt.
Derivative Instruments	DERIVATIVE INSTRUMENTS The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage exposure to interest rate movements management strategy. The Company’s interest rate swap, designated as a cash flow hedge, involves the receipt of variable amounts from a counterparty in exchange for making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. By utilizing an interest rate swap, the Company is exposed to credit-related losses in the event that the counterparty fails to perform under the terms of the derivative contract. To mitigate this risk, the Company enters into derivative contracts with major financial institutions based upon credit ratings and other factors. The Company continually assesses the creditworthiness of its counterparties. As of September 30, 2022 , all counterparties to the interest rate swap had performed in accordance with their contractual obligations.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, In March 2020, the FASB issued ASU 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting,

Cash, Cash Equivalents, Short_2

Cash, Cash Equivalents, Short-Term And Long-Term Investments (Tables)	9 Months Ended
	Sep. 30, 2022
Cash Cash Equivalents And Short Term And Long Term Investments [Abstract]
Summary of Cash, Cash Equivalents, Short-Term and Long-Term Investments by Significant Investment Category	The following tables show the Company’s cash, cash equivalents, short-term and long-term investments by significant investment category: As of September 30, 2022 (in thousands) Adjusted Cost Fair Value Cash and Cash Equivalents Short-Term Investments Long-Term Investments Cash $ 454,788 $ 454,788 $ 454,788 $ — $ — Level 1 Money market funds 53,493 53,493 53,493 — — U.S. Treasury securities 18,314 18,314 — 18,314 — Total level 1 71,807 71,807 53,493 18,314 — Level 2 Corporate notes and bonds 98,034 98,034 — 83,812 14,222 Asset-backed securities 6,670 6,670 — 860 5,810 Mutual funds 50,210 50,210 — — 50,210 Total level 2 154,914 154,914 — 84,672 70,242 Total $ 681,509 $ 681,509 $ 508,281 $ 102,986 $ 70,242 As of December 31, 2021 (in thousands) Adjusted Cost Fair Value Cash and Cash Equivalents Short-Term Investments Long-Term Investments Cash $ 664,220 $ 664,220 $ 664,220 $ — $ — Level 1 Money market funds 132,063 132,063 132,063 — — U.S. Treasury securities 25,437 25,437 — 8,896 16,541 Total level 1 157,500 157,500 132,063 8,896 16,541 Level 2 Corporate notes and bonds 148,373 148,373 — 84,783 63,590 Asset-backed securities 17,180 17,180 — 4,901 12,279 Mutual funds 53,180 53,180 — — 53,180 Total level 2 218,733 218,733 — 89,684 129,049 Total $ 1,040,453 $ 1,040,453 $ 796,283 $ 98,580 $ 145,590

Accrued Expenses (Tables)

Accrued Expenses (Tables)	9 Months Ended
Accrued Expenses (Tables)	Sep. 30, 2022
Payables And Accruals [Abstract]
Summary of Accrued Expenses	Accrued expenses were as follows: As of As of (in thousands) September 30, 2022 December 31, 2021 Accrued payroll, taxes, and other $ 156,112 $ 143,295 Return reserve liability 64,207 68,944 Accrued inventory purchases 41,258 53,181 Accrued expenses $ 261,577 $ 265,420

Financial Commitments (Tables)

Financial Commitments (Tables)	9 Months Ended
Financial Commitments (Tables)	Sep. 30, 2022
Debt Disclosure [Abstract]
Long-Term Borrowings	Long-term borrowings were as follows: As of As of (in thousands) September 30, 2022 December 31, 2021 HF-T1 Distribution Center Loan $ 129,505 $ 129,505 HF-T2 Distribution Center Construction Loan 72,098 57,227 China Distribution Center Construction Loan 92,308 75,621 China Operational Loans 60,588 69,796 Other 7,936 8,263 Subtotal 362,435 340,412 Less: Current installments 136,930 76,967 Total long-term borrowings $ 225,505 $ 263,445

Stockholders Equity and Stock_2

Stockholders Equity and Stock Compensation (Tables)	9 Months Ended
Stockholders Equity and Stock Compensation (Tables)	Sep. 30, 2022
Equity [Abstract]
Summary of Stock Repurchase Activities	The following table provides a summary the Company’s stock repurchase activities: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Shares repurchased 639,295 — 1,926,781 — Average cost per share $ 39.13 $ — $ 38.53 $ — Total cost of shares repurchased (in thousands) $ 25,013 $ — $ 74,245 $ —
Summary of Stock-Based Instruments	The Company issued the following stock-based instruments: Nine Months Ended September 30, 2022 2021 Granted Weighted-Average Grant-Date Fair Value Granted Weighted-Average Grant-Date Fair Value Restricted stock 1,380,650 $ 38.43 699,300 $ 43.40 Performance-based restricted stock 116,250 $ 42.46 108,750 $ 38.95 Market-based restricted stock 116,250 $ 58.85 108,750 $ 54.34
Summary of Unvested Shares	A summary of the status and changes of the Company’s unvested shares is presented below: Shares Weighted-Average Grant-Date Fair Value Unvested at December 31, 2021 3,253,316 $ 38.97 Granted 1,613,150 40.19 Vested (1,266,281 ) 36.07 Cancelled (53,633 ) 40.81 Unvested at September 30, 2022 3,546,552 $ 40.53

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2022
Earnings Per Share [Abstract]
Summary of Calculation of EPS	The calculation of EPS is as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands, except per share data) 2022 2021 2022 2021 Net earnings attributable to Skechers U.S.A., Inc. $ 85,886 $ 103,139 $ 297,513 $ 339,081 Weighted-average common shares outstanding, basic 155,420 155,835 155,783 155,413 Dilutive effect of nonvested shares 813 1,288 931 1,177 Weighted-average common shares outstanding, diluted 156,233 157,123 156,714 156,590 Anti-dilutive common shares excluded above 55 — 40 11 Net earnings per share attributable to Skechers U.S.A., Inc. Basic $ 0.55 $ 0.66 $ 1.91 $ 2.18 Diluted $ 0.55 $ 0.66 $ 1.90 $ 2.17

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	9 Months Ended
Segment and Geographic Information (Tables)	Sep. 30, 2022
Segment Reporting [Abstract]
Segment Reporting Information	Segment Information Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Wholesale sales $ 1,191,586 $ 944,465 $ 3,583,216 $ 2,851,803 Gross profit 424,600 361,868 1,294,039 1,110,859 Gross margin 35.6 % 38.3 % 36.1 % 39.0 % Direct-to-Consumer sales $ 686,781 $ 614,011 $ 1,982,549 $ 1,802,999 Gross profit 459,335 415,095 1,311,638 1,205,355 Gross margin 66.9 % 67.6 % 66.2 % 66.9 % Total sales $ 1,878,367 $ 1,558,476 $ 5,565,765 $ 4,654,802 Gross profit 883,935 776,963 2,605,677 2,316,214 Gross margin 47.1 % 49.9 % 46.8 % 49.8 % (in thousands) As of September 30, 2022 As of December 31, 2021 Identifiable assets Wholesale $ 3,700,436 $ 3,816,513 Direct-to-Consumer 2,978,203 2,674,767 Total $ 6,678,639 $ 6,491,280 Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Additions to property, plant and equipment Wholesale $ 69,344 $ 57,185 $ 184,007 $ 182,378 Direct-to-Consumer 30,776 32,222 79,624 53,248 Total $ 100,120 $ 89,407 $ 263,631 $ 235,626
Geographic Information	Geographic Information Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Geographic sales Domestic Wholesale $ 406,594 $ 354,338 $ 1,466,204 $ 1,132,853 Domestic Direct-to-Consumer 339,174 294,906 898,131 849,339 Total domestic sales 745,768 649,244 2,364,335 1,982,192 International Wholesale 784,991 590,127 2,117,011 1,718,950 International Direct-to-Consumer 347,608 319,105 1,084,419 953,660 Total international sales 1,132,599 909,232 3,201,430 2,672,610 Total sales $ 1,878,367 $ 1,558,476 $ 5,565,765 $ 4,654,802 Regional Sales Americas (AMER) $ 947,987 $ 815,786 $ 2,928,752 $ 2,396,644 Europe, Middle East & Africa (EMEA) 469,787 318,389 1,285,554 961,955 Asia Pacific (APAC) 460,593 424,301 1,351,459 1,296,203 Total sales $ 1,878,367 $ 1,558,476 $ 5,565,765 $ 4,654,802 China sales $ 226,728 $ 278,081 $ 754,676 $ 845,554 (in thousands) As of September 30, 2022 As of December 31, 2021 Property, plant and equipment, net Domestic $ 835,637 $ 708,763 International 453,883 420,146 Total $ 1,289,520 $ 1,128,909 China property plant and equipment, net $ 252,685 $ 255,421
Summary of Accounts Receivables Excluding the Allowance for Bad Debts Allowances and Chargebacks	The Company’s accounts receivables, excluding allowances for bad debts, allowances and chargebacks, by geography are summarized as follows: (in thousands) As of September 30, 2022 As of December 31, 2021 Domestic Accounts Receivable $ 357,634 $ 270,404 International Accounts Receivable 635,092 525,073
Company's Top Five Manufacturers Produced	The Company’s top five manufacturers produced the following: Three Months Ended September 30, Nine Months Ended September 30, (percentage of total production) 2022 2021 2022 2021 Manufacturer #1 14.5 16.3 16.0 17.3 Manufacturer #2 7.8 6.3 6.4 5.8 Manufacturer #3 6.9 5.3 5.7 4.8 Manufacturer #4 6.0 4.8 5.5 4.8 Manufacturer #5 6.0 4.7 5.3 4.5 41.2 37.4 38.9 37.2

General - Additional Informatio

General - Additional Information (Detail) $ in Millions	1 Months Ended
General - Additional Information (Detail) $ in Millions	Mar. 31, 2021 USD ($)	Sep. 30, 2022 Derivative
Schedule Of Organization And Summary Of Significant Accounting Policies [Line Items]
Change in accounting principle, accounting standards update, adopted		true
Change in accounting principle, accounting standards update, adoption date		Jan. 01, 2021
Change in accounting principle, accounting standards update, immaterial effect		true
Interest Rate Swap [Member] \| Level 2 [Member]
Schedule Of Organization And Summary Of Significant Accounting Policies [Line Items]
Number of derivative instrument \| Derivative		1
Skechers Hong Kong Limited [Member]
Schedule Of Organization And Summary Of Significant Accounting Policies [Line Items]
Purchase of joint venture \| $	$ 10

Cash, Cash Equivalents, Short_3

Cash, Cash Equivalents, Short-Term and Long-Term Investments - Summary of Cash, Cash Equivalents, Short-Term and Long-Term Investments by Significant Investment Category (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Cash and cash equivalents	$ 508,281	$ 796,283
Short-Term Investments	102,986	98,580
Long-Term Investments	70,242	145,590
Adjusted Cost	681,509	1,040,453
Fair Value	681,509	1,040,453
Level 1 [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Cash and cash equivalents	53,493	132,063
Short-Term Investments	18,314	8,896
Long-Term Investments	0	16,541
Adjusted Cost	71,807	157,500
Fair Value	71,807	157,500
Level 2 [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Short-Term Investments	84,672	89,684
Long-Term Investments	70,242	129,049
Adjusted Cost	154,914	218,733
Fair Value	154,914	218,733
Money market funds [Member] \| Level 1 [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Cash and cash equivalents	53,493	132,063
Short-Term Investments	0	0
Adjusted Cost	53,493	132,063
Fair Value	53,493	132,063
U.S. Treasury Securities [Member] \| Level 1 [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Short-Term Investments	18,314	8,896
Long-Term Investments	0	16,541
Adjusted Cost	18,314	25,437
Fair Value	18,314	25,437
Corporate Notes and Bonds [Member] \| Level 2 [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Short-Term Investments	83,812	84,783
Long-Term Investments	14,222	63,590
Adjusted Cost	98,034	148,373
Fair Value	98,034	148,373
Asset-backed Securities [Member] \| Level 2 [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Short-Term Investments	860	4,901
Long-Term Investments	5,810	12,279
Adjusted Cost	6,670	17,180
Fair Value	6,670	17,180
Mutual Funds [Member] \| Level 2 [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Short-Term Investments	0	0
Long-Term Investments	50,210	53,180
Adjusted Cost	50,210	53,180
Fair Value	50,210	53,180
Cash [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Cash and cash equivalents	454,788	664,220
Fair Value	$ 454,788	$ 664,220

Cash, Cash Equivalents, Short_4

Cash, Cash Equivalents, Short-Term and Long-Term Investments - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2022
Maximum [Member]
Cash Cash Equivalents Short Term And Long Term Investments [Line Items]
Long-term investments maturity period	2 years

Accrued Expenses - Summary of A

Accrued Expenses - Summary of Accrued Expenses (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Payables And Accruals [Abstract]
Accrued payroll, taxes, and other	$ 156,112	$ 143,295
Return reserve liability	64,207	68,944
Accrued inventory purchases	41,258	53,181
Accrued expenses	$ 261,577	$ 265,420

Financial Commitments - Additio

Financial Commitments - Additional Information (Detail) ¥ in Millions				3 Months Ended		9 Months Ended
	Oct. 18, 2022 CNY (¥)	Dec. 15, 2021 USD ($)	Nov. 21, 2019 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 CNY (¥)	Dec. 31, 2021 USD ($)	Mar. 18, 2020
Debt Instrument [Line Items]
Outstanding letters of credit				$ 2,800,000		$ 2,800,000			$ 17,200,000
Short-term borrowings				31,013,000		31,013,000			1,195,000
Interest Expense				5,100,000	$ 3,300,000	14,100,000	$ 10,900,000
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Aggregate notional amount				$ 129,500,000		$ 129,500,000			$ 129,500,000
Weighted-average fixed rate				0.795%		0.795%		0.795%	0.795%
Derivative, fixed interest rate				4.08%		4.08%		4.08%	4.08%
China Distribution Center Construction Loan [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility \| ¥								¥ 700
Debt instrument maturity date						Sep. 28, 2023
Debt instrument variable rate				4%		4%		4%
Line of credit facility, frequency of payment and payment term						0
Outstanding balance				$ 92,300,000		$ 92,300,000			$ 28,200,000
China Distribution Center Construction Loan [Member] \| Subsequent Event [Member]
Debt Instrument [Line Items]
Loan amount \| ¥	¥ 1,100
Debt instrument rate	3.40%
Debt instrument, term	10 years
Other China Operational Loans [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility				46,600,000		46,600,000			52,600,000
Other China Operational Loans [Member] \| Working Capital Loans [Member]
Debt Instrument [Line Items]
Outstanding balance				32,900,000		32,900,000			37,600,000
Other China Operational Loans [Member] \| Office Building Loans [Member]
Debt Instrument [Line Items]
Outstanding balance				4,200,000		4,200,000			4,000,000
Other China Operational Loans [Member] \| Shanghai
Debt Instrument [Line Items]
Maximum amount of credit facility				$ 14,000,000		$ 14,000,000			$ 17,200,000
Debt instrument variable rate				4.13%		4.13%		4.13%	4.28%
Joint Venture with HF Logistics [Member] \| 2020 Construction Loan Agreement [Member] \| HF-T2 Distribution Center Construction Loan [Member]
Debt Instrument [Line Items]
Weighted-average annual interest rate				3.27%		3.27%		3.27%
Debt instrument maturity date						Apr. 03, 2025
Interest rate of line of credit agreement						1.90%
Debt instrument basis spread on variable rate						0
Debt instrument, decrease in basis points						1.75%
Interest Rate Swap [Member] \| Joint Venture with HF Logistics [Member] \| 2020 Amendment Loan [Member] \| LIBOR Loans [Member]
Debt Instrument [Line Items]
Debt instrument basis spread on variable rate						LIBOR Daily Floating Rate plus a margin of 1.75% per annum.
Interest Rate Swap [Member] \| Joint Venture with HF Logistics [Member] \| Construction Loan Agreement [Member]
Debt Instrument [Line Items]
Interest rate swap agreement date						Aug. 14, 2015
Maximum [Member] \| Joint Venture with HF Logistics [Member] \| 2020 Construction Loan Agreement [Member] \| HF-T2 Distribution Center Construction Loan [Member]
Debt Instrument [Line Items]
Borrowing under loan agreement				$ 73,000,000		$ 73,000,000
Amended Credit Agreement [Member]
Debt Instrument [Line Items]
Weighted-average annual interest rate				2.03%		2.03%		2.03%
Debt instrument unused credit capacity				$ 722,200,000		$ 722,200,000			$ 732,800,000
Amended Credit Agreement [Member] \| Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility		$ 750,000,000	$ 500,000,000
Maturity date of credit agreement		Dec. 15, 2026	Nov. 21, 2024
Amended Credit Agreement [Member] \| Line of Credit [Member]
Debt Instrument [Line Items]
Increase in leverage ratio		4.25%
Amended Credit Agreement [Member] \| Line of Credit [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Line of credit, increase		$ 250,000,000
Adjusted net leverage ratio		3.75
Amended Credit Agreement [Member] \| Letters of Credit [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility		$ 100,000,000
Amended Credit Agreement [Member] \| Swingline Loans [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility		$ 50,000,000
Amended Credit Agreement [Member] \| Revolving Credit Facility
Debt Instrument [Line Items]
Short-term borrowings				25,000,000		$ 25,000,000
HF-T1 Distribution Center Loan [Member] \| Joint Venture with HF Logistics [Member] \| 2020 Amendment Loan [Member]
Debt Instrument [Line Items]
Debt instrument maturity date						Mar. 18, 2025
HF-T1 Distribution Center Loan [Member] \| Interest Rate Swap [Member] \| Joint Venture with HF Logistics [Member] \| 2020 Amendment Loan [Member] \| LIBOR Loans [Member]
Debt Instrument [Line Items]
Interest rate of line of credit agreement						1.75%
HF-T1 Distribution Center Loan [Member] \| Interest Rate Swap [Member] \| Joint Venture with HF Logistics [Member] \| Construction Loan Agreement [Member]
Debt Instrument [Line Items]
Derivative maturity date						Mar. 18, 2025
Effective fixed interest rate of loan with swap										2.55%
HF-T1 Distribution Center Loan [Member] \| Minimum [Member] \| 2020 Amendment Loan [Member]
Debt Instrument [Line Items]
Borrowing under loan agreement				$ 129,500,000		$ 129,500,000
Interests at a Range of 1.30% to 3.50% per Annum [Member] \| Maximum [Member] \| Other China Operational Loans [Member]
Debt Instrument [Line Items]
Debt instrument variable rate				4.30%		4.30%		4.30%
Interests at a Range of 1.30% to 3.50% per Annum [Member] \| Minimum [Member] \| Other China Operational Loans [Member]
Debt Instrument [Line Items]
Debt instrument variable rate				3%		3%		3%
Interests at a Range of 1.00% to 3.70% per Annum [Member] \| Maximum [Member] \| Other China Operational Loans [Member]
Debt Instrument [Line Items]
Debt instrument variable rate									3.70%
Interests at a Range of 1.00% to 3.70% per Annum [Member] \| Minimum [Member] \| Other China Operational Loans [Member]
Debt Instrument [Line Items]
Debt instrument variable rate									1%

Financial Commitments - Long-Te

Financial Commitments - Long-Term Borrowings (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term borrowings	$ 362,435	$ 340,412
Current installments of long-term borrowings	136,930	76,967
Long-term borrowings	225,505	263,445
China Operational Loans [Member]
Debt Instrument [Line Items]
Long-term borrowings	60,588	69,796
China Distribution Center Construction Loan [Member]
Debt Instrument [Line Items]
Long-term borrowings	92,308	75,621
Other [Member]
Debt Instrument [Line Items]
Long-term borrowings	7,936	8,263
HF-T1 Distribution Center Loan [Member]
Debt Instrument [Line Items]
Long-term borrowings	129,505	129,505
HF-T2 Distribution Center Construction Loan [Member]
Debt Instrument [Line Items]
Long-term borrowings	$ 72,098	$ 57,227

Stockholders Equity and Stock_3

Stockholders Equity and Stock Compensation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Jan. 31, 2022
Class Of Stock [Line Items]
Stock repurchase program expiration date			Jan. 31, 2025
Remaining to repurchase shares under Share Repurchase Program	$ 425.8		$ 425.8
Recognized stock compensation expense	9.7	$ 14.2	42	$ 39.7
Unrecognized compensation cost related to nonvested common shares	98		$ 98
Weighted average period for recognition of cost			2 years 3 days
ESPP
Class Of Stock [Line Items]
Recognized stock compensation expense	$ 0.6	$ 0.5	$ 2.1	$ 1.7
Performance-Based Awards [Member]
Class Of Stock [Line Items]
Performance period			3 years
Performance-Based Awards [Member] \| Minimum [Member]
Class Of Stock [Line Items]
Payout percentage of performance awards			0%
Performance-Based Awards [Member] \| Maximum [Member]
Class Of Stock [Line Items]
Payout percentage of performance awards			200%
Two Thousand Seventeen Plan \| Performance-Based Awards [Member]
Class Of Stock [Line Items]
Number of shares that remain available for grant	2,782,132		2,782,132
Two Thousand Seventeen Plan \| Performance-Based Awards [Member] \| Maximum [Member]
Class Of Stock [Line Items]
Number of shares that remain available for grant	2,082,132		2,082,132
2018 ESPP [Member]
Class Of Stock [Line Items]
Number of shares available for sale under employee stock purchase plan	3,914,503		3,914,503
Percentage of price of common stock purchased			85%
Maximum percentage of employee's compensation to purchase common stock	15%		15%
Class A Common Stock [Member]
Class Of Stock [Line Items]
Stock repurchase program authorized amount					$ 500
Class A Common Stock [Member] \| 2018 ESPP [Member]
Class Of Stock [Line Items]
Number of shares available for sale under employee stock purchase plan	5,000,000		5,000,000

Stockholders Equity and Stock_4

Stockholders Equity and Stock Compensation - Summary of Stock Repurchase Activities (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Shares repurchased	639,295,000	0	1,926,781,000	0
Average cost per share	$ 39.13	$ 0	$ 38.53	$ 0
Total cost of shares repurchased (in thousands)	$ 25,013	$ 0	$ 74,245	$ 0

Stockholders Equity and Stock_5

Stockholders Equity and Stock Compensation - Summary of Stock-Based Instruments (Detail) - $ / shares	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted, shares	1,613,150
Weighted-Average Grant-Date Fair Value, shares	$ 40.19
Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted, shares	1,380,650	699,300
Weighted-Average Grant-Date Fair Value, shares	$ 38.43	$ 43.40
Performance-Based Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted, shares	116,250	108,750
Weighted-Average Grant-Date Fair Value, shares	$ 42.46	$ 38.95
Market-Based Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted, shares	116,250	108,750
Weighted-Average Grant-Date Fair Value, shares	$ 58.85	$ 54.34

Stockholders Equity and Stock_6

Stockholders Equity and Stock Compensation - Summary of Unvested Shares (Detail)	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Unvested, Shares, Beginning of Period \| shares	3,253,316
Granted, Shares \| shares	1,613,150
Vested, Shares \| shares	(1,266,281)
Cancelled, Shares \| shares	(53,633)
Unvested, Shares, End of Period \| shares	3,546,552
Unvested, Weighted Average Grant-Date Fair Value, Beginning of Period \| $ / shares	$ 38.97
Granted, Weighted Average Grant-Date Fair Value \| $ / shares	40.19
Vested, Weighted Average Grant-Date Fair Value \| $ / shares	36.07
Cancelled, Weighted Average Grant-Date Fair Value \| $ / shares	40.81
Unvested, Weighted Average Grant-Date Fair Value, End of Period \| $ / shares	$ 40.53

Earnings Per Share - Summary of

Earnings Per Share - Summary of Calculation of EPS (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Net earnings attributable to Skechers U.S.A., Inc.	$ 85,886	$ 103,139	$ 297,513	$ 339,081
Weighted-average common shares outstanding, basic	155,420	155,835	155,783	155,413
Dilutive effect of nonvested shares	813	1,288	931	1,177
Weighted-average common shares outstanding, diluted	156,233	157,123	156,714	156,590
Anti-dilutive common shares excluded above	55	0	40	11
Net earnings per share attributable to Skechers U.S.A., Inc.
Basic	$ 0.55	$ 0.66	$ 1.91	$ 2.18
Diluted	$ 0.55	$ 0.66	$ 1.90	$ 2.17

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended		9 Months Ended
Income Taxes - Additional Information (Detail)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Income Taxes [Line Items]
U.S. federal and state statutory rate			25%
Effective tax rate	17.90%	15.60%	19.80%	19%
Foreign Jurisdictions [Member] \| Minimum [Member]
Schedule Of Income Taxes [Line Items]
Statutory federal rate			0%
Foreign Jurisdictions [Member] \| Maximum [Member]
Schedule Of Income Taxes [Line Items]
Statutory federal rate			35%

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended
	Mar. 31, 2021 USD ($) Property	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)
Related Party Transactions [Abstract]
Contribution to Skechers Foundation for various charitable purposes		$ 0.5	$ 1.5	$ 1.5	$ 2.5
Number of purchased properties \| Property	2
Purchases during the period	$ 2.7

Segment and Geographic Inform_3

Segment and Geographic Information - Segment Reporting Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Sales	$ 1,878,367	$ 1,558,476	$ 5,565,765	$ 4,654,802
Gross profit	$ 883,935	$ 776,963	$ 2,605,677	$ 2,316,214
Gross margin	47.10%	49.90%	46.80%	49.80%
Identifiable assets	$ 6,678,639		$ 6,678,639		$ 6,491,280
Additions to property, plant and equipment	100,120	$ 89,407	263,631	$ 235,626
Wholesale [Member]
Segment Reporting Information [Line Items]
Sales	1,191,586	944,465	3,583,216	2,851,803
Gross profit	$ 424,600	$ 361,868	$ 1,294,039	$ 1,110,859
Gross margin	35.60%	38.30%	36.10%	39%
Identifiable assets	$ 3,700,436		$ 3,700,436		3,816,513
Additions to property, plant and equipment	69,344	$ 57,185	184,007	$ 182,378
Direct-to-Consumer [Member]
Segment Reporting Information [Line Items]
Sales	686,781	614,011	1,982,549	1,802,999
Gross profit	$ 459,335	$ 415,095	$ 1,311,638	$ 1,205,355
Gross margin	66.90%	67.60%	66.20%	66.90%
Identifiable assets	$ 2,978,203		$ 2,978,203		$ 2,674,767
Additions to property, plant and equipment	$ 30,776	$ 32,222	$ 79,624	$ 53,248

Segment and Geographic Inform_4

Segment and Geographic Information - Geographic Information (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Sales	$ 1,878,367	$ 1,558,476	$ 5,565,765	$ 4,654,802
Property, plant and equipment, net
Property, plant and equipment, net	1,289,520		1,289,520		$ 1,128,909
Wholesale [Member]
Segment Reporting Information [Line Items]
Sales	1,191,586	944,465	3,583,216	2,851,803
Direct-to-Consumer [Member]
Segment Reporting Information [Line Items]
Sales	686,781	614,011	1,982,549	1,802,999
Domestic [Member]
Segment Reporting Information [Line Items]
Sales	745,768	649,244	2,364,335	1,982,192
Property, plant and equipment, net
Property, plant and equipment, net	835,637		835,637		708,763
Domestic [Member] \| Wholesale [Member]
Segment Reporting Information [Line Items]
Sales	406,594	354,338	1,466,204	1,132,853
Domestic [Member] \| Direct-to-Consumer [Member]
Segment Reporting Information [Line Items]
Sales	339,174	294,906	898,131	849,339
Americas (AMER) [Member]
Segment Reporting Information [Line Items]
Sales	947,987	815,786	2,928,752	2,396,644
Europe, Middle East & Africa (EMEA) [Member]
Segment Reporting Information [Line Items]
Sales	469,787	318,389	1,285,554	961,955
Asia Pacific (APAC) [Member]
Segment Reporting Information [Line Items]
Sales	460,593	424,301	1,351,459	1,296,203
China Operational Loans [Member]
Segment Reporting Information [Line Items]
Sales	226,728	278,081	754,676	845,554
Property, plant and equipment, net
Property, plant and equipment, net	252,685		252,685		255,421
International [Member]
Segment Reporting Information [Line Items]
Sales	1,132,599	909,232	3,201,430	2,672,610
Property, plant and equipment, net
Property, plant and equipment, net	453,883		453,883		$ 420,146
International [Member] \| Wholesale [Member]
Segment Reporting Information [Line Items]
Sales	784,991	590,127	2,117,011	1,718,950
International [Member] \| Direct-to-Consumer [Member]
Segment Reporting Information [Line Items]
Sales	$ 347,608	$ 319,105	$ 1,084,419	$ 953,660

Segment and Geographic Inform_5

Segment and Geographic Information - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($) Customer	Sep. 30, 2021 USD ($) Customer	Sep. 30, 2022 USD ($) Customer	Sep. 30, 2021 USD ($) Customer	Dec. 31, 2021 USD ($)
Segment Reporting Information [Line Items]
Goodwill	$ 93,497		$ 93,497		$ 93,497
Provision for expected credit losses			22,212	$ 21,504
Wholesale [Member]
Segment Reporting Information [Line Items]
Goodwill	93,500		93,500
International [Member]
Segment Reporting Information [Line Items]
Net assets held outside the United States	4,100,000		4,100,000		$ 4,200,000
Provision for expected credit losses	$ 2,200	$ 2,200	$ 3,300	$ 2,600
Sales [Member] \| Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Number of largest customers \| Customer	5	5	5	5
Sales [Member] \| Customer Concentration Risk [Member] \| Five Largest Customers [Member]
Segment Reporting Information [Line Items]
Percentage of concentration risk	10.30%	10.10%	10.20%	9%

Segment and Geographic Inform_6

Segment and Geographic Information - Summary of Accounts Receivables Excluding the Allowance for Bad Debts Allowances and Chargebacks (Detail) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Domestic [Member]
Segment Reporting Information [Line Items]
Accounts receivable	$ 357,634	$ 270,404
International [Member]
Segment Reporting Information [Line Items]
Accounts receivable	$ 635,092	$ 525,073

Segment and Geographic Inform_7

Segment and Geographic Information - Company's Top Five Manufacturers Produced (Detail) - Cost of Goods, Total [Member] - Supplier Concentration Risk [Member]	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Manufacturer One [Member]
Segment Reporting Information [Line Items]
Percentage of Total Production	14.50%	16.30%	16%	17.30%
Manufacturer Two [Member]
Segment Reporting Information [Line Items]
Percentage of Total Production	7.80%	6.30%	6.40%	5.80%
Manufacturer Three [Member]
Segment Reporting Information [Line Items]
Percentage of Total Production	6.90%	5.30%	5.70%	4.80%
Manufacturer Four [Member]
Segment Reporting Information [Line Items]
Percentage of Total Production	6%	4.80%	5.50%	4.80%
Manufacturer Five [Member]
Segment Reporting Information [Line Items]
Percentage of Total Production	6%	4.70%	5.30%	4.50%
Top Five Manufacturers [Member]
Segment Reporting Information [Line Items]
Percentage of Total Production	41.20%	37.40%	38.90%	37.20%