Steven Madden (SHOO) 10-K4 Mar 242023 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Dec. 31, 2023	Feb. 22, 2024	Jun. 30, 2023
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	0-23702
Entity Registrant Name	STEVEN MADDEN, LTD.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	13-3588231
Entity Address, Address Line One	52-16 Barnett Avenue,
Entity Address, Address Line Two	Long Island City
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	11104
City Area Code	718
Local Phone Number	446-1800
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	SHOO
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 2,424,497,099
Entity Common Stock, Shares Outstanding		73,999,990
Documents Incorporated by Reference	Part III incorporates certain information by reference from the registrant's definitive proxy statement for the registrant's 2024 Annual Meeting of Stockholders.
Amendment Flag	false
Entity Central Index Key	0000913241
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY

Audit Information

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2023	Dec. 31, 2022
Auditor Information [Abstract]
Auditor Name	Ernst & Young LLP	Ernst & Young LLP
Auditor Firm ID	42	42
Auditor Location	New York, New York	New York, New York

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 204,640	$ 274,713
Short-term investments	15,173	15,085
Accounts receivable, net of allowances of $4,828 and $7,721	40,246	37,937
Factor accounts receivable	320,723	248,228
Inventories	228,990	228,752
Prepaid expenses and other current assets	29,009	22,989
Income tax receivable and prepaid income taxes	16,051	15,853
Total current assets	854,832	843,557
Note receivable - related party	0	401
Property and equipment, net	47,199	40,664
Operating lease right-of-use asset	122,783	90,264
Deferred tax assets	609	1,755
Deposits and other	16,250	12,070
Goodwill	180,003	168,085
Intangibles, net	126,267	101,192
Total Assets	1,347,943	1,257,988
Current liabilities:
Accounts payable	161,140	130,542
Accrued expenses	154,751	138,523
Operating leases - current portion	40,342	29,499
Income taxes payable	5,998	9,403
Contingent payment liability - current portion	3,325	1,153
Accrued incentive compensation	12,068	11,788
Total current liabilities	377,624	320,908
Contingent payment liability - long-term portion	9,975	0
Operating leases - long-term portion	98,536	79,128
Deferred tax liabilities	8,606	3,923
Other liabilities	5,170	10,166
Total Liabilities	499,911	414,125
Commitments, contingencies and other (Note O)
STOCKHOLDERS’ EQUITY
Common stock – $0.0001 par value, 245,000 shares authorized, 136,471 and 134,456 shares issued, 73,681 and 76,796 shares outstanding	7	8
Additional paid-in capital	586,155	520,441
Retained earnings	1,679,500	1,571,123
Accumulated other comprehensive loss	(29,046)	(35,709)
Treasury stock – 62,790 and 57,660 shares at cost	(1,407,018)	(1,224,310)
Total Steven Madden, Ltd. stockholders’ equity	829,598	831,553
Noncontrolling interest	18,434	12,310
Total stockholders’ equity	848,032	843,863
Total Liabilities and Stockholders’ Equity	1,347,943	1,257,988
Preferred Stock
STOCKHOLDERS’ EQUITY
Preferred stock – $0.0001 par value, 5,000 shares authorized; none issued; Series A Junior Participating preferred stock – $0.0001 par value, 60 shares authorized; none issued	$ 0	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Allowances for accounts receivable (in dollars)	$ 4,828	$ 7,721
Preferred stock-issued	0
Common stock par value	$ 0.0001
Common stock, shares authorized	245,000,000
Common stock, shares issued	136,471,000	134,456,000
Common stock, shares outstanding	73,681,000	76,796,000
Treasury stock, shares	62,790,000	57,660,000
Preferred Class A
Preferred stock-par value	$ 0.0001
Preferred stock- shares authorized	5,000,000
Preferred Class B
Preferred stock-par value	$ 0.0001
Preferred stock- shares authorized	60,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net sales	$ 1,971,474	$ 2,111,296	$ 1,853,902
Commission and licensing fee income	10,108	10,713	12,240
Total revenue	1,981,582	2,122,009	1,866,142
Cost of sales (exclusive of depreciation and amortization)	1,149,168	1,248,173	1,098,645
Gross profit	832,414	873,836	767,497
Operating expenses	(612,672)	(592,192)	(519,848)
Impairment of intangibles	6,520	0	2,620
Impairment of lease right-of-use asset and fixed assets	0	0	1,432
Income from operations	213,222	281,644	243,597
Interest and other income/(expense) - net	7,392	676	(1,529)
Income before provision for income taxes	220,614	282,320	242,068
Provision for income taxes	46,639	65,103	49,609
Net income	$ 173,975	$ 217,217	$ 192,459
Basic net income per share	$ 2.34	$ 2.84	$ 2.43
Diluted net income per share	$ 2.30	$ 2.77	$ 2.34
Basic weighted average common shares outstanding	73,337	76,021	78,442
Effect of dilutive securities – options/restricted stock	1,228	2,048	3,186
Diluted weighted average common shares outstanding	74,565	78,069	81,628
Cash dividends declared per common share	$ 0.84	$ 0.84	$ 0.60
Non-Controlling Interest
Less: net income attributable to noncontrolling interest	$ 2,421	$ 1,156	$ 1,781
Retained Earnings
Net income attributable to Steven Madden, Ltd.	$ 171,554	$ 216,061	$ 190,678

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net income	$ 173,975	$ 217,217	$ 192,459
Other comprehensive income:
Foreign currency translation adjustment, Pre-tax	7,611	(6,681)	(991)
Foreign currency translation adjustment, Tax	0	0	0
Foreign currency translation adjustment, Net	7,611	(6,681)	(991)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	(852)	(788)	1,451
Other Comprehensive Income (Loss), before Reclassifications, before Tax	223	239	(375)
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax	(629)
Total Other Comprehensive Income (Loss), Pre-tax	6,759	(7,469)	460
Total Other Comprehensive Income (Loss), Tax	223	239	(375)
Total Other Comprehensive Income(Loss), Net	6,982	(7,230)	85
Comprehensive income	180,957	209,987	192,544
Less: comprehensive income attributable to noncontrolling interests	2,740	91	2,246
Comprehensive income attributable to Steven Madden, Ltd.	$ 178,217	209,896	190,298
Forward Contracts
Other comprehensive income:
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax		$ (549)	$ 1,076

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss)	Treasury Stock	Non-Controlling Interest
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Shares, Outstanding		82,616,000
Common Stock, Value, Issued		$ 8
Additional paid-in capital			$ 478,463
Retained earnings				$ 1,279,550
Accumulated other comprehensive loss					$ (29,164)
Treasury stock, shares						50,631,000
Treasury Stock, Value						$ (952,271)
Noncontrolling interest							$ 13,783
Share repurchases and net settlement of awards under stock plan (in shares)		(2,778,000)				(2,778,000)
Share repurchases and net settlement of restricted stock awards	$ (120,381)					$ (120,381)
Exercise of stock options (in Shares)		348,000				63,000
Exercise and net settlement of stock options	6,952	$ 0	9,732			$ (2,780)
Issuance of fully vested restricted stock (in Shares)		371,000
Stock-based compensation	22,278		22,278
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent					(1,456)
Foreign currency translation adjustment	(991)						465
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	1,076				1,076
Dividends, Common Stock, Cash	(49,161)			(49,161)
Noncontrolling Interest, Increase from Business Combination	(3,121)						(3,121)
Noncontrolling Interest, Increase from Acquisitions	18,942		14,474				4,468
Net loss attributable to noncontrolling interests							1,781
Net income				190,678
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	192,459
Balance at Dec. 31, 2021	820,538
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Shares, Outstanding		80,557,000
Common Stock, Value, Issued		$ 8
Additional paid-in capital			495,999
Retained earnings				1,421,067
Accumulated other comprehensive loss					(29,544)
Treasury stock, shares						53,472,000
Treasury Stock, Value						$ (1,075,432)
Noncontrolling interest							8,440
Share repurchases and net settlement of awards under stock plan (in shares)		(4,188,000)				(4,188,000)
Share repurchases and net settlement of restricted stock awards	$ (148,878)					$ (148,878)
Exercise of stock options (in Shares)	24,000	24,000
Exercise and net settlement of stock options	$ 602		602
Issuance of fully vested restricted stock (in Shares)		403,000
Stock-based compensation	24,396		24,396
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent					(5,616)
Foreign currency translation adjustment	(6,681)						(1,065)
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	(549)				(549)
Dividends, Common Stock, Cash	(66,005)			(66,005)
Noncontrolling Interest, Increase from Business Combination	2,500						2,500
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(294)						(294)
Net loss attributable to noncontrolling interests							1,156
Proceeds from sales of business	1,017		(556)				1,573
Net income				216,061
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	217,217
Balance at Dec. 31, 2022	$ 843,863
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Shares, Outstanding	76,796,000	76,796,000
Common Stock, Value, Issued	$ 8	$ 8
Additional paid-in capital	520,441		520,441
Retained earnings	1,571,123			1,571,123
Accumulated other comprehensive loss	$ (35,709)				(35,709)
Treasury stock, shares	57,660,000					57,660,000
Treasury Stock, Value	$ (1,224,310)					$ (1,224,310)
Noncontrolling interest	12,310						12,310
Share repurchases and net settlement of awards under stock plan (in shares)		(3,730,000)				(3,730,000)
Share repurchases and net settlement of restricted stock awards	$ (133,628)	$ (1)				$ (133,627)
Exercise of stock options (in Shares)	1,654,000	254,000				1,400,000
Exercise and net settlement of stock options	$ (7,515)		41,566			$ (49,081)
Issuance of fully vested restricted stock (in Shares)		361,000
Stock-based compensation	24,148		24,148
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent					7,292
Foreign currency translation adjustment	7,611						319
Unrealized Gain (Loss) on Cash Flow Hedging Instruments	(629)				(629)
Dividends, Common Stock, Cash	(63,177)			(63,177)
Noncontrolling Interest, Increase from Business Combination	4,486						4,486
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(1,102)						(1,102)
Net loss attributable to noncontrolling interests							2,421
Proceeds from sales of business	1,017
Net income				171,554
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	173,975
Balance at Dec. 31, 2023	$ 848,032
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common Stock, Shares, Outstanding	73,681,000	73,681,000
Common Stock, Value, Issued	$ 7	$ 7
Additional paid-in capital	586,155		$ 586,155
Retained earnings	1,679,500			$ 1,679,500
Accumulated other comprehensive loss	$ (29,046)				$ (29,046)
Treasury stock, shares	62,790,000					62,790,000
Treasury Stock, Value	$ (1,407,018)					$ (1,407,018)
Noncontrolling interest	$ 18,434						$ 18,434
Exercise and net settlement of stock options		$ 0

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of Changes in Stockholders' Equity [Abstract]
Other Comprehensive Income (Loss), before Reclassifications, before Tax	$ 223	$ 239	$ (375)
Cash dividends declared per common share	$ 0.84	$ 0.84	$ 0.60

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income	$ 173,975	$ 217,217	$ 192,459
Adjustments to reconcile net income to net cash provided by operating activities
Stock-based compensation	24,148	24,396	22,278
Depreciation and amortization	15,501	20,576	15,208
Loss on disposal of fixed assets	204	11	526
Impairment of intangibles	6,520	0	2,620
Impairment of lease right-of-use asset and fixed assets	0	0	1,432
Deferred taxes	6,105	3,601	1,280
Accrued interest on note receivable – related party	8	16	23
Note receivable - related party	409	409	409
Change in valuation of contingent liability	0	(5,807)	11,862
Gain on sale of trademark	0	0	(8,000)
Other operating activities	(23)	(2,716)	0
Recovery of receivables, related to the Payless ShoeSource bankruptcy	0	0	919
Changes, net of acquisitions, in:
Accounts receivable	(1,308)	(9,683)	(583)
Factor accounts receivable	(18,647)	116,141	(112,311)
Inventories	25,303	29,071	(153,793)
Prepaid expenses, income tax receivables, prepaid taxes, and other assets	(1,060)	(4,205)	(1,899)
Accounts payable and accrued expenses	7,052	(108,788)	185,741
Accrued incentive compensation	280	(3,083)	10,998
Leases and other liabilities	(8,061)	(8,902)	(7,822)
Payment of contingent consideration	(1,153)	(339)	0
Net cash provided by operating activities	229,237	267,883	159,463
Cash flows from investing activities:
Capital expenditures	(19,470)	(16,351)	(6,608)
Purchases of short-term investments	(25,688)	(45,130)	(68,471)
Maturity/sale of short-term investments	25,872	73,998	63,867
Acquisition of Almost Famous	(75,271)	0	0
Purchase/sale of a trademark	0	(2,000)	8,000
Other investing activities	(5,335)	(5,000)	0
Net cash (used in)/provided by investing activities	(99,892)	5,517	(3,212)
Cash flows from financing activities:
Proceeds from exercise of stock options	1,205	602	9,732
Investment of noncontrolling interest	4,486	2,500	0
Acquisition of incremental ownership of joint ventures	0	0	(18,942)
Distributions to noncontrolling interest earnings	1,102	294	3,121
Sale of minority interest of a subsidiary	0	1,017	0
Common stock repurchased and net settlements of stock awards	(142,348)	(148,878)	(123,161)
Cash dividends paid on common stock	(63,177)	(66,005)	(49,161)
Payment of contingent consideration	0	(4,770)	0
Net cash used in financing activities	(200,936)	(215,828)	(184,653)
Effect of exchange rate changes on cash and cash equivalents	1,518	(2,358)	37
Net (decrease)/increase in cash and cash equivalents	(70,073)	55,214	(28,365)
Cash and cash equivalents – beginning of year	274,713	219,499	247,864
Cash and cash equivalents – end of year	204,640	274,713	219,499
Cash paid during the year for:
Interest	0	0	0
Income taxes	$ 45,525	$ 65,395	$ 46,808

Nature of Operations

Nature of Operations	12 Months Ended
Nature of Operations	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Note A – Nature of Operations Steven Madden, Ltd. and its subsidiaries design, source, and market fashion-forward branded and private label footwear, accessories, and apparel. We distribute our products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs throughout the United States, Canada, Mexico, and Europe, and other international markets through our joint ventures in Israel, South Africa, China, Taiwan, Malaysia, and the Middle East along with special distribution arrangements in certain European countries, North Africa, South and Central America, Australia, and various countries in Asia. In addition, our products are distributed through our direct-to-consumer channel within the United States, Canada, Mexico, and Europe, and our joint ventures in Israel, South Africa, China, Taiwan, and the Middle East.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2023
Basis of Reporting [Abstract]
Summary of Significant Accounting Policies	Note B – Summary of Significant Accounting Policies Principles of Consolidation: The consolidated financial statements include the accounts of Steven Madden, Ltd. and its wholly-owned subsidiaries., the accounts of BA Brand Holdings LLC, a joint venture in the United States in which the Company is the majority interest holder, SM Dolce Limited, a joint venture in Hong Kong in which the Company is the majority interest holder, SM Distribution Israel L.P., a joint venture in which the Company is the majority interest holder, Steve Madden South Africa Proprietary Limited, a joint venture in which the Company is the majority interest holder, AG SM Holdings Limited, a joint venture in the Middle East in which the Company is the majority interest holder, SM Distribution Singapore PTE LTD, a joint venture in which the Company is the majority interest holder, and SM Distribution China Co., Ltd., a joint venture in which the Company is the majority interest holder, are included in the consolidated financial statements with the other members' interests reflected in “Net income attributable to noncontrolling interest” in the Consolidated Statements of Income and “Noncontrolling interest” in the Consolidated Balance Sheets. All intercompany balances and transactions have been eliminated. Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant areas involving management estimates include variable consideration included in revenue, allowances for bad debts, inventory valuation, and valuation of goodwill and intangible assets. The Company estimates variable consideration for future customer chargebacks and markdown allowances, discounts, returns, and other miscellaneous compliance-related deductions that relate to current-period sales. The Company evaluates anticipated chargebacks by reviewing several performance indicators of its major customers. These performance indicators, which include retailers’ inventory levels, sell-through rates, and gross margin levels, are analyzed by management to estimate the amount of the anticipated customer allowances. Cash and Cash Equivalents: Cash and cash equivalents consist of cash balances and highly liquid investments with a maturity of three months or less at the date of purchase. Short-Term Investments: Short-term investments consist of certificates of deposit with original maturities less than or equal to one year as of the balance sheet date. Inventories: Inventories consist of finished goods on hand and in transit and are stated at the lower of cost (first-in, first-out method) or net realizable value. Property and Equipment, Net: Property and equipment are stated at cost less accumulated depreciation and amortization and any impairment. Depreciation is computed utilizing the straight-line method based on estimated useful lives ranging from three Goodwill and Intangible Assets: The Company's goodwill and indefinite-lived intangible assets are not amortized; rather they are tested for impairment on an annual basis at the beginning of the third quarter, or more often if events or circumstances change that could cause these assets to become impaired. In accordance with applicable accounting guidance, indefinite-lived intangible assets and goodwill may be assessed for impairment by performing a qualitative assessment that evaluates relevant events or circumstances in order to determine whether it is more likely than not that the fair value of an intangible asset or reporting unit is less than its carrying amount. The factors that are considered include, but are not limited to, historical financial performance, expected future performance, macroeconomic and industry conditions, and legal and regulatory environments. If it is more likely than not that the fair value of the intangible asset or reporting unit is less than its carrying amount, a quantitative impairment test is performed. However, in order to reassess the fair values of our intangible assets or reporting units, we periodically perform a quantitative impairment analysis in lieu of using the qualitative approach. The quantitative impairment test identifies the existence of potential impairment by comparing the fair value of the intangible asset or reporting unit to its carrying amount, and if the fair value of the intangible asset or reporting unit is less than its carrying amount, an impairment is recognized equal to the amount by which the carrying value of the intangible asset or reporting unit exceeds its fair value, not to exceed the carrying amount. See Note G – Goodwill and Intangible Assets for further information. The Company amortizes its intangible assets with finite useful lives over their estimated useful lives and reviews these assets for impairment when there are indicators of impairment are present. The Company is currently amortizing its acquired intangible assets with finite useful lives over periods typically from 10 to 20 years using the straight-line method. Comprehensive Loss: Comprehensive loss is the total of net earnings and all other non-owner changes in equity. Comprehensive loss for the Company includes net income, foreign currency translation adjustments, and unrealized loss/gains on cash flow hedging. The accumulated balances for each component of other comprehensive loss attributable to the Company were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Currency translation adjustment $ (28,201) $ (35,493) $ (29,877) Cash flow hedges, net of tax (845) (216) 333 Accumulated other comprehensive loss $ (29,046) $ (35,709) $ (29,544) Amounts reclassified from accumulated other comprehensive loss in operating income in the Consolidated Statements of Income during 2023, 2022, and 2021 were a gain of $807, and a loss of $676 and $961, respectively. Advertising Costs: Advertising costs are expensed as incurred, including digital and print advertisements. For the years ended December 31, 2023, 2022, and 2021, advertising expenses included in operating expenses amounted to approximately $89,435, $85,921, and $65,080, respectively. Revenue Recognition: The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which generally occurs upon the transfer of control in accordance with the contractual terms and conditions of the sale. Most of the Company’s revenue is recognized at a point in time when product is shipped to the customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods, which includes estimates for variable consideration. Variable consideration mainly includes markdown allowances, co-op advertising programs, and product returns. The revenue recognition for the Company's segments is described below (see Note S – Operating Segment Information for disaggregated revenue amounts by segment). Wholesale Footwear and Accessories/Apparel Segments. The Company generates revenue through the design, sourcing, and sale of branded footwear, accessories, and apparel to both domestic and international customers who, in turn, sell the products to the end consumer. The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which occurs upon the transfer of control of the merchandise in accordance with the contractual terms and conditions of the sale. The Company also generates revenue through the design, sourcing, and sale of private label footwear and accessories to both domestic and international customers who brand the products and sell them to the consumer. Direct-to-Consumer Segment. The Company owns and operates 255 brick-and-mortar stores throughout the United States, Canada, Mexico, Europe, Israel, Middle East, South Africa, and China, 25 Company-operated concessions in international markets, and five e-commerce sites. The Company generates revenue through the sale of branded footwear, apparel, and accessories directly to the consumer. The Company's revenue associated with brick-and-mortar store sales is recognized at the time of the point of sale when the customer takes control of the goods and payment is received. The Company's e-commerce business recognizes sales upon receipt of goods by the customer. First Cost Segment. The Company earns commissions for serving as a buying agent for footwear products under private labels and certain owned brands for select national chains, and value-priced retailers. As a buying agent, the Company utilizes its expertise and relationships with shoe manufacturers to facilitate the production of private label shoes to customer specifications. The Company’s commission revenue also includes fees charged for its design and product development services provided to certain suppliers. The Company satisfies its performance obligation to its customers by performing the services required in the buying agency agreements and thereby earns its commission fee at the point in time when the customer’s freight forwarder takes control of the goods. As of January 2023, the Company no longer serves as a buying agent for any of its customers, and as a result no longer reports under the First Cost segment. Licensing Segment. The Company licenses various owned trademarks under licensing agreements for use in connection with the manufacture, marketing, and sale of select apparel, accessory, and home categories, as well as various other non-core products. The license agreements require the licensee to pay the Company a royalty and, in substantially all of the agreements, an advertising fee, both of which are based on the higher of a minimum or actual net revenues percentage as defined in the various agreements. For license agreements where the sales-based percentage fee exceeds the contractual minimum fee, the Company recognizes revenues as the licensed products are sold as reported to the Company by its licensees. In substantially all of the Company’s license agreements, the minimum guaranteed royalty is earned and received on a quarterly basis. For license agreements where the sales-based percentage fee does not exceed the contractual minimum fee, the Company recognizes the contractual minimum fee as revenue ratably over the contractual period. Variable Consideration The Company supports retailers’ initiatives to maximize the sales of the Company’s products on the retail floor by providing markdown allowances and participating in various other marketing initiatives by subsidizing certain co-op advertising programs of such retailers. Such expenses are reflected in the consolidated financial statements as deductions to arrive at net revenues. Markdown Allowances. The Company provides markdown allowances to its retailer customers, which are recorded as a reduction of revenue in the period in which the branded footwear and accessories revenues are recognized. The Company estimates its markdown allowances by reviewing several performance indicators, including retailers' inventory levels, sell-through rates, and gross margin levels. Co-op Advertising Programs. Under co-op advertising programs, the Company agrees to reimburse the retailer for a portion of the costs incurred by the retailer to advertise and promote some of the Company's products. The Company estimates the costs of co-op advertising programs based on the terms of the agreements with its retailer customers. Rights of Return. The Company’s Direct-to-Consumer segment accepts returns within 30 days from the date of sale, or 30 days from the date of delivery for online orders, for unworn merchandise that the Company is able to re-sell through the channel. The Company does not accept returns as a normal business practice from its branded and private label wholesale customers except for its Blondo ® and Dolce Vita ® product lines. The Company estimates such returns based on historical experience and current market conditions, which have historically not been material. In addition, the Company's wholesale business may, from time to time, accept returns for damaged products from its wholesale customers on which the Company’s costs are normally charged back to the responsible third-party factory. Taxes Collected from Customers: The Company accounts for certain taxes collected from its customers in accordance with the accounting guidance that permits companies to adopt a policy of presenting taxes in the income statement on either a gross basis (included in revenues and costs) or a net basis (excluded from revenues). Taxes within the scope of this accounting guidance would include taxes that are imposed on a revenue transaction between a seller and a customer, such as sales taxes, use taxes, value-added taxes, and some types of excise taxes. The Company accounts for sales taxes and other related taxes on a net basis, excluding such taxes from revenue. Cost of Sales: All costs incurred to bring finished products to the Company’s distribution center or to the customers’ freight forwarder and, in the Direct-to-Consumer segment, the costs to bring products to the Company’s stores (exclusive of depreciation and amortization) are included in cost of sales on the Consolidated Statements of Income. These include the cost of finished products, purchase commissions, letter of credit fees, brokerage fees, sample expenses, custom duties, inbound freight, royalty payments on licensed products, labels, and product packaging. All warehouse and distribution costs related to the Wholesale segments and freight to customers, if any, are included in the operating expenses line item of the Company’s Consolidated Statements of Income. The Company’s gross margins may not be comparable to those of other companies in the industry because they may include warehouse and distribution costs, as well as other costs excluded from cost of sales by the Company, as a component of cost of sales, while other companies report those costs on the same basis as the Company. Warehouse and Shipping Costs: The Company includes all warehouse and shipping costs for the Wholesale segments in operating expenses in the Consolidated Statements of Income. For the years ended December 31, 2023, 2022, and 2021, the total warehouse and shipping costs (except costs incurred to ship from warehouse to retail stores) included in operating expenses were $97,100, $111,326, and $86,367, respectively. Since the Company's standard terms of sales are “FOB Steve Madden warehouse,” the Company's wholesale customers absorb most shipping costs. Shipping costs to wholesale customers incurred by the Company are not considered significant and are included in the operating expenses line item in the Consolidated Statements of Income. Employee Benefit Plan: The Company maintains a tax-qualified 401(k) plan, which is available to each of the Company's eligible employees who elect to participate after meeting certain length-of-service requirements. The Company made discretionary matching contributions of 50% of employees' contributions up to a maximum of 6% of employees' compensation, which vest to the employees over a period of time. Total matching contributions to the plan for 2023, 2022, and 2021 were approximately $2,301, $2,125, and $1,989, respectively. Derivative Instruments: The Company uses derivative instruments to manage its exposure to cash-flow variability from foreign currency risk. Derivatives are carried on the balance sheet at fair value and included in prepaid expenses and other current assets or accrued expenses. The Company applies cash flow hedge accounting for its derivative instruments. Net derivative gains and losses attributable to derivatives subject to cash flow hedge accounting reside in accumulated other comprehensive loss and will be reclassified to earnings in future periods as the economic transactions to which the derivatives relate affect earnings. See Note L – Derivative Instruments for additional details. Income Taxes: The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating losses, and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets are expected to be realized or settled. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. See Note N – Income Taxes for additional details. Equity-based Compensation: The Company recognizes expense related to equity-based payment transactions in which it receives employee services in exchange for equity instruments of the Company. Equity-based compensation cost for restricted stock awards is measured based on the closing fair market value of the Company’s common stock on the date of grant. Equity-based compensation cost for stock options is measured at the grant date, based on the fair-value as calculated by the Black-Scholes-Merton (“BSM”) option-pricing model. The BSM option-pricing model incorporates various assumptions, including expected volatility, estimated expected life, and interest rates. The Company grants performance-based share awards to certain individuals, the vesting of which is subject to the Company's or individual's achievement of certain performance goals. On a quarterly basis, the Company assesses actual performance versus the predetermined performance goals, and adjusts the equity-based compensation expense to reflect the relative performance achievement. Actual distributed shares are calculated upon conclusion of the service and performance periods. The Company recognizes share-based compensation net of estimated forfeitures. The Company estimates the forfeiture rate based on historical forfeitures. Equity-based compensation cost for performance based awards is measured based on the closing fair market value of the Company’s common stock on the date of grant. The Company recognizes equity-based compensation cost over the award’s requisite service period and is presented in operating expenses in the Consolidated Statements of Income. See Note H – Equity-Based Compensation for additional details. Leases: The Company leases office space, sample production space, warehouses, showrooms, storage units, and retail stores under operating leases. The Company’s portfolio of leases is primarily related to real estate. Since most of its leases do not provide a readily determinable implicit rate, the Company estimates its incremental borrowing rate to discount the lease payments based on information available at lease commencement. Some of the Company’s retail store leases provide for variable lease payments based on sales volumes at the leased locations, which are not measurable at the inception of the lease and are therefore not included in the measurement of the right-of-use assets and lease liabilities. Under Topic 842, these variable lease costs are expensed as incurred. Lease right-of-use assets, along with other long-lived assets, are evaluated for impairment whenever events, or changes in circumstances indicate that the carrying amount of an asset, or asset group may not be recoverable. For stores with an indicator of impairment, the Company performs a recoverability test, comparing estimated undiscounted cash flows to the carrying value of the related long-lived assets. When the carrying value is more than the estimated undiscounted cash flows, the Company writes the assets down to their fair value. Fair values of the long-lived assets are estimated using an income approach based on management’s forecast of future cash flows derived from continued retail operations and the fair values of individual operating lease assets were determined using estimated market rental rates. Significant estimates are used in determining future cash flows of each store over its remaining lease term, including the Company's expectations of future projected cash flows. An impairment loss is recorded if the carrying amount of the long-lived asset group exceeds its fair value. The Company's leases have initial terms ranging from 1 to 12 years and may have renewal or early termination options ranging from 1 to 10 years. A majority of the retail store leases provide for contingent rental payments if gross sales exceed certain targets. In addition, many of the leases contain rent escalation clauses to compensate for increases in operating costs and real estate taxes. Rent expense is calculated by amortizing total base rental payments (net of any rental abatements, construction allowances, and other rental concessions), on a straight-line basis, over the lease term. When deemed reasonably certain, the renewal and termination options are included in the determination of the lease term and calculation of the lease ROU asset and lease liability. Reclassifications: Certain reclassifications were made to prior years' amounts to conform to the 2023 presentation. Note C – Recent Accounting Pronouncements Recently Issued Accounting Pronouncements Not Yet Adopted In August 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-05, "Business Combinations—Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement," which is intended to provide guidance for the formation of a joint venture, including the initial measurement of assets and liabilities, the formation date, and basis of accounting. This new standard will be effective for annual reporting periods beginning on or after January 1, 2025, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-05; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. In November 2023, the FASB issued ASU No. 2023-07, "Segment Reporting (Topic 280)," which is intended to enhance the disclosures on reportable segments. This new standard will be effective for annual reporting periods beginning after December 15, 2023, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-07; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. In December 2023, the FASB issued ASU No. 2023-09, "Income Taxes (Topic 740)," which is intended to provide greater transparency in various income tax components that affect the rate reconciliation based on the applicable taxing jurisdictions, as well as the qualitative and quantitative aspects of those components. This new standard will be effective for annual reporting periods beginning on or after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-09; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. The Company has considered all new accounting pronouncements and has concluded that there are no additional pronouncements that may have a material impact on its results of operations, financial condition, and cash flows.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
Recent Accounting Pronouncements	Dec. 31, 2023
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Note B – Summary of Significant Accounting Policies Principles of Consolidation: The consolidated financial statements include the accounts of Steven Madden, Ltd. and its wholly-owned subsidiaries., the accounts of BA Brand Holdings LLC, a joint venture in the United States in which the Company is the majority interest holder, SM Dolce Limited, a joint venture in Hong Kong in which the Company is the majority interest holder, SM Distribution Israel L.P., a joint venture in which the Company is the majority interest holder, Steve Madden South Africa Proprietary Limited, a joint venture in which the Company is the majority interest holder, AG SM Holdings Limited, a joint venture in the Middle East in which the Company is the majority interest holder, SM Distribution Singapore PTE LTD, a joint venture in which the Company is the majority interest holder, and SM Distribution China Co., Ltd., a joint venture in which the Company is the majority interest holder, are included in the consolidated financial statements with the other members' interests reflected in “Net income attributable to noncontrolling interest” in the Consolidated Statements of Income and “Noncontrolling interest” in the Consolidated Balance Sheets. All intercompany balances and transactions have been eliminated. Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant areas involving management estimates include variable consideration included in revenue, allowances for bad debts, inventory valuation, and valuation of goodwill and intangible assets. The Company estimates variable consideration for future customer chargebacks and markdown allowances, discounts, returns, and other miscellaneous compliance-related deductions that relate to current-period sales. The Company evaluates anticipated chargebacks by reviewing several performance indicators of its major customers. These performance indicators, which include retailers’ inventory levels, sell-through rates, and gross margin levels, are analyzed by management to estimate the amount of the anticipated customer allowances. Cash and Cash Equivalents: Cash and cash equivalents consist of cash balances and highly liquid investments with a maturity of three months or less at the date of purchase. Short-Term Investments: Short-term investments consist of certificates of deposit with original maturities less than or equal to one year as of the balance sheet date. Inventories: Inventories consist of finished goods on hand and in transit and are stated at the lower of cost (first-in, first-out method) or net realizable value. Property and Equipment, Net: Property and equipment are stated at cost less accumulated depreciation and amortization and any impairment. Depreciation is computed utilizing the straight-line method based on estimated useful lives ranging from three Goodwill and Intangible Assets: The Company's goodwill and indefinite-lived intangible assets are not amortized; rather they are tested for impairment on an annual basis at the beginning of the third quarter, or more often if events or circumstances change that could cause these assets to become impaired. In accordance with applicable accounting guidance, indefinite-lived intangible assets and goodwill may be assessed for impairment by performing a qualitative assessment that evaluates relevant events or circumstances in order to determine whether it is more likely than not that the fair value of an intangible asset or reporting unit is less than its carrying amount. The factors that are considered include, but are not limited to, historical financial performance, expected future performance, macroeconomic and industry conditions, and legal and regulatory environments. If it is more likely than not that the fair value of the intangible asset or reporting unit is less than its carrying amount, a quantitative impairment test is performed. However, in order to reassess the fair values of our intangible assets or reporting units, we periodically perform a quantitative impairment analysis in lieu of using the qualitative approach. The quantitative impairment test identifies the existence of potential impairment by comparing the fair value of the intangible asset or reporting unit to its carrying amount, and if the fair value of the intangible asset or reporting unit is less than its carrying amount, an impairment is recognized equal to the amount by which the carrying value of the intangible asset or reporting unit exceeds its fair value, not to exceed the carrying amount. See Note G – Goodwill and Intangible Assets for further information. The Company amortizes its intangible assets with finite useful lives over their estimated useful lives and reviews these assets for impairment when there are indicators of impairment are present. The Company is currently amortizing its acquired intangible assets with finite useful lives over periods typically from 10 to 20 years using the straight-line method. Comprehensive Loss: Comprehensive loss is the total of net earnings and all other non-owner changes in equity. Comprehensive loss for the Company includes net income, foreign currency translation adjustments, and unrealized loss/gains on cash flow hedging. The accumulated balances for each component of other comprehensive loss attributable to the Company were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Currency translation adjustment $ (28,201) $ (35,493) $ (29,877) Cash flow hedges, net of tax (845) (216) 333 Accumulated other comprehensive loss $ (29,046) $ (35,709) $ (29,544) Amounts reclassified from accumulated other comprehensive loss in operating income in the Consolidated Statements of Income during 2023, 2022, and 2021 were a gain of $807, and a loss of $676 and $961, respectively. Advertising Costs: Advertising costs are expensed as incurred, including digital and print advertisements. For the years ended December 31, 2023, 2022, and 2021, advertising expenses included in operating expenses amounted to approximately $89,435, $85,921, and $65,080, respectively. Revenue Recognition: The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which generally occurs upon the transfer of control in accordance with the contractual terms and conditions of the sale. Most of the Company’s revenue is recognized at a point in time when product is shipped to the customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods, which includes estimates for variable consideration. Variable consideration mainly includes markdown allowances, co-op advertising programs, and product returns. The revenue recognition for the Company's segments is described below (see Note S – Operating Segment Information for disaggregated revenue amounts by segment). Wholesale Footwear and Accessories/Apparel Segments. The Company generates revenue through the design, sourcing, and sale of branded footwear, accessories, and apparel to both domestic and international customers who, in turn, sell the products to the end consumer. The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which occurs upon the transfer of control of the merchandise in accordance with the contractual terms and conditions of the sale. The Company also generates revenue through the design, sourcing, and sale of private label footwear and accessories to both domestic and international customers who brand the products and sell them to the consumer. Direct-to-Consumer Segment. The Company owns and operates 255 brick-and-mortar stores throughout the United States, Canada, Mexico, Europe, Israel, Middle East, South Africa, and China, 25 Company-operated concessions in international markets, and five e-commerce sites. The Company generates revenue through the sale of branded footwear, apparel, and accessories directly to the consumer. The Company's revenue associated with brick-and-mortar store sales is recognized at the time of the point of sale when the customer takes control of the goods and payment is received. The Company's e-commerce business recognizes sales upon receipt of goods by the customer. First Cost Segment. The Company earns commissions for serving as a buying agent for footwear products under private labels and certain owned brands for select national chains, and value-priced retailers. As a buying agent, the Company utilizes its expertise and relationships with shoe manufacturers to facilitate the production of private label shoes to customer specifications. The Company’s commission revenue also includes fees charged for its design and product development services provided to certain suppliers. The Company satisfies its performance obligation to its customers by performing the services required in the buying agency agreements and thereby earns its commission fee at the point in time when the customer’s freight forwarder takes control of the goods. As of January 2023, the Company no longer serves as a buying agent for any of its customers, and as a result no longer reports under the First Cost segment. Licensing Segment. The Company licenses various owned trademarks under licensing agreements for use in connection with the manufacture, marketing, and sale of select apparel, accessory, and home categories, as well as various other non-core products. The license agreements require the licensee to pay the Company a royalty and, in substantially all of the agreements, an advertising fee, both of which are based on the higher of a minimum or actual net revenues percentage as defined in the various agreements. For license agreements where the sales-based percentage fee exceeds the contractual minimum fee, the Company recognizes revenues as the licensed products are sold as reported to the Company by its licensees. In substantially all of the Company’s license agreements, the minimum guaranteed royalty is earned and received on a quarterly basis. For license agreements where the sales-based percentage fee does not exceed the contractual minimum fee, the Company recognizes the contractual minimum fee as revenue ratably over the contractual period. Variable Consideration The Company supports retailers’ initiatives to maximize the sales of the Company’s products on the retail floor by providing markdown allowances and participating in various other marketing initiatives by subsidizing certain co-op advertising programs of such retailers. Such expenses are reflected in the consolidated financial statements as deductions to arrive at net revenues. Markdown Allowances. The Company provides markdown allowances to its retailer customers, which are recorded as a reduction of revenue in the period in which the branded footwear and accessories revenues are recognized. The Company estimates its markdown allowances by reviewing several performance indicators, including retailers' inventory levels, sell-through rates, and gross margin levels. Co-op Advertising Programs. Under co-op advertising programs, the Company agrees to reimburse the retailer for a portion of the costs incurred by the retailer to advertise and promote some of the Company's products. The Company estimates the costs of co-op advertising programs based on the terms of the agreements with its retailer customers. Rights of Return. The Company’s Direct-to-Consumer segment accepts returns within 30 days from the date of sale, or 30 days from the date of delivery for online orders, for unworn merchandise that the Company is able to re-sell through the channel. The Company does not accept returns as a normal business practice from its branded and private label wholesale customers except for its Blondo ® and Dolce Vita ® product lines. The Company estimates such returns based on historical experience and current market conditions, which have historically not been material. In addition, the Company's wholesale business may, from time to time, accept returns for damaged products from its wholesale customers on which the Company’s costs are normally charged back to the responsible third-party factory. Taxes Collected from Customers: The Company accounts for certain taxes collected from its customers in accordance with the accounting guidance that permits companies to adopt a policy of presenting taxes in the income statement on either a gross basis (included in revenues and costs) or a net basis (excluded from revenues). Taxes within the scope of this accounting guidance would include taxes that are imposed on a revenue transaction between a seller and a customer, such as sales taxes, use taxes, value-added taxes, and some types of excise taxes. The Company accounts for sales taxes and other related taxes on a net basis, excluding such taxes from revenue. Cost of Sales: All costs incurred to bring finished products to the Company’s distribution center or to the customers’ freight forwarder and, in the Direct-to-Consumer segment, the costs to bring products to the Company’s stores (exclusive of depreciation and amortization) are included in cost of sales on the Consolidated Statements of Income. These include the cost of finished products, purchase commissions, letter of credit fees, brokerage fees, sample expenses, custom duties, inbound freight, royalty payments on licensed products, labels, and product packaging. All warehouse and distribution costs related to the Wholesale segments and freight to customers, if any, are included in the operating expenses line item of the Company’s Consolidated Statements of Income. The Company’s gross margins may not be comparable to those of other companies in the industry because they may include warehouse and distribution costs, as well as other costs excluded from cost of sales by the Company, as a component of cost of sales, while other companies report those costs on the same basis as the Company. Warehouse and Shipping Costs: The Company includes all warehouse and shipping costs for the Wholesale segments in operating expenses in the Consolidated Statements of Income. For the years ended December 31, 2023, 2022, and 2021, the total warehouse and shipping costs (except costs incurred to ship from warehouse to retail stores) included in operating expenses were $97,100, $111,326, and $86,367, respectively. Since the Company's standard terms of sales are “FOB Steve Madden warehouse,” the Company's wholesale customers absorb most shipping costs. Shipping costs to wholesale customers incurred by the Company are not considered significant and are included in the operating expenses line item in the Consolidated Statements of Income. Employee Benefit Plan: The Company maintains a tax-qualified 401(k) plan, which is available to each of the Company's eligible employees who elect to participate after meeting certain length-of-service requirements. The Company made discretionary matching contributions of 50% of employees' contributions up to a maximum of 6% of employees' compensation, which vest to the employees over a period of time. Total matching contributions to the plan for 2023, 2022, and 2021 were approximately $2,301, $2,125, and $1,989, respectively. Derivative Instruments: The Company uses derivative instruments to manage its exposure to cash-flow variability from foreign currency risk. Derivatives are carried on the balance sheet at fair value and included in prepaid expenses and other current assets or accrued expenses. The Company applies cash flow hedge accounting for its derivative instruments. Net derivative gains and losses attributable to derivatives subject to cash flow hedge accounting reside in accumulated other comprehensive loss and will be reclassified to earnings in future periods as the economic transactions to which the derivatives relate affect earnings. See Note L – Derivative Instruments for additional details. Income Taxes: The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating losses, and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets are expected to be realized or settled. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. See Note N – Income Taxes for additional details. Equity-based Compensation: The Company recognizes expense related to equity-based payment transactions in which it receives employee services in exchange for equity instruments of the Company. Equity-based compensation cost for restricted stock awards is measured based on the closing fair market value of the Company’s common stock on the date of grant. Equity-based compensation cost for stock options is measured at the grant date, based on the fair-value as calculated by the Black-Scholes-Merton (“BSM”) option-pricing model. The BSM option-pricing model incorporates various assumptions, including expected volatility, estimated expected life, and interest rates. The Company grants performance-based share awards to certain individuals, the vesting of which is subject to the Company's or individual's achievement of certain performance goals. On a quarterly basis, the Company assesses actual performance versus the predetermined performance goals, and adjusts the equity-based compensation expense to reflect the relative performance achievement. Actual distributed shares are calculated upon conclusion of the service and performance periods. The Company recognizes share-based compensation net of estimated forfeitures. The Company estimates the forfeiture rate based on historical forfeitures. Equity-based compensation cost for performance based awards is measured based on the closing fair market value of the Company’s common stock on the date of grant. The Company recognizes equity-based compensation cost over the award’s requisite service period and is presented in operating expenses in the Consolidated Statements of Income. See Note H – Equity-Based Compensation for additional details. Leases: The Company leases office space, sample production space, warehouses, showrooms, storage units, and retail stores under operating leases. The Company’s portfolio of leases is primarily related to real estate. Since most of its leases do not provide a readily determinable implicit rate, the Company estimates its incremental borrowing rate to discount the lease payments based on information available at lease commencement. Some of the Company’s retail store leases provide for variable lease payments based on sales volumes at the leased locations, which are not measurable at the inception of the lease and are therefore not included in the measurement of the right-of-use assets and lease liabilities. Under Topic 842, these variable lease costs are expensed as incurred. Lease right-of-use assets, along with other long-lived assets, are evaluated for impairment whenever events, or changes in circumstances indicate that the carrying amount of an asset, or asset group may not be recoverable. For stores with an indicator of impairment, the Company performs a recoverability test, comparing estimated undiscounted cash flows to the carrying value of the related long-lived assets. When the carrying value is more than the estimated undiscounted cash flows, the Company writes the assets down to their fair value. Fair values of the long-lived assets are estimated using an income approach based on management’s forecast of future cash flows derived from continued retail operations and the fair values of individual operating lease assets were determined using estimated market rental rates. Significant estimates are used in determining future cash flows of each store over its remaining lease term, including the Company's expectations of future projected cash flows. An impairment loss is recorded if the carrying amount of the long-lived asset group exceeds its fair value. The Company's leases have initial terms ranging from 1 to 12 years and may have renewal or early termination options ranging from 1 to 10 years. A majority of the retail store leases provide for contingent rental payments if gross sales exceed certain targets. In addition, many of the leases contain rent escalation clauses to compensate for increases in operating costs and real estate taxes. Rent expense is calculated by amortizing total base rental payments (net of any rental abatements, construction allowances, and other rental concessions), on a straight-line basis, over the lease term. When deemed reasonably certain, the renewal and termination options are included in the determination of the lease term and calculation of the lease ROU asset and lease liability. Reclassifications: Certain reclassifications were made to prior years' amounts to conform to the 2023 presentation. Note C – Recent Accounting Pronouncements Recently Issued Accounting Pronouncements Not Yet Adopted In August 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-05, "Business Combinations—Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement," which is intended to provide guidance for the formation of a joint venture, including the initial measurement of assets and liabilities, the formation date, and basis of accounting. This new standard will be effective for annual reporting periods beginning on or after January 1, 2025, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-05; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. In November 2023, the FASB issued ASU No. 2023-07, "Segment Reporting (Topic 280)," which is intended to enhance the disclosures on reportable segments. This new standard will be effective for annual reporting periods beginning after December 15, 2023, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-07; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. In December 2023, the FASB issued ASU No. 2023-09, "Income Taxes (Topic 740)," which is intended to provide greater transparency in various income tax components that affect the rate reconciliation based on the applicable taxing jurisdictions, as well as the qualitative and quantitative aspects of those components. This new standard will be effective for annual reporting periods beginning on or after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-09; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. The Company has considered all new accounting pronouncements and has concluded that there are no additional pronouncements that may have a material impact on its results of operations, financial condition, and cash flows.

Acquisitions & Sale of Minority

Acquisitions & Sale of Minority Noncontrolling Interest	12 Months Ended
Acquisitions & Sale of Minority Noncontrolling Interest	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions & Sale of Minority Noncontrolling Interest	Note D – Acquisitions & Sale of Minority Noncontrolling Interest Acquisitions Almost Famous On October 20, 2023, Daniel M. Friedman & Associates, Inc. (“Buyer”), a New York corporation and a wholly-owned subsidiary of the Company, acquired substantially all of the assets and certain liabilities (the “Business”) of Turn On Products Inc. d/b/a Almost Famous (“Seller” or “Almost Famous”), pursuant to an Asset Purchase Agreement, by and among Buyer, the Company, Seller, and the holders of capital stock of Seller. Almost Famous is a designer and marketer of women’s junior apparel. Almost Famous distributes its products to wholesale customers, including mass merchants, department stores, off-price retailers, and chain stores within the United States. Almost Famous markets products under its own brands, primarily Almost Famous, as well as private label brands for various retailers. This Business was acquired for cash consideration of $73,228 and a future payment contingent on the Almost Famous brand achieving certain earnings before interest and tax ("EBIT") targets. In connection therewith, we recorded a short-term liability of $3,325 and a long-term liability of $9,975 as of the date of acquisition to reflect the estimated fair value of the contingent purchase price. The fair value of the contingent payments liability was estimated on the date of acquisition using the Monte Carlo simulation model, which included significant unobservable Level 3 inputs, such as projected EBIT over the earn-out period and a discount rate of 20.3%. Changes in these significant unobservable inputs might result in a significantly higher or lower fair value measurement. The maximum consideration which can be paid over the consideration period of four years is $68,000 and there are no minimum payments required. The liability will be remeasured at each reporting period with changes in fair value recorded in earnings. After the effect of closing adjustments, the total purchase price of the acquisition was $86,528. The results of the Almost Famous brand have been included in the consolidated financial statements since the date of acquisition within the Wholesale Accessories/Apparel segment. The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 20, 2023 acquisition date: (in thousands) Fair Value Accounts receivable $ 1,394 Inventories 22,718 Factor accounts receivable 51,940 Operating lease right-of-use asset 2,902 Prepaid expenses and other current assets 172 Property and equipment, net 248 Intangibles, net (1) 32,950 Accounts payable (31,857) Accrued expenses (1,699) Operating leases - current portion (474) Operating leases - long-term portion (2,703) Total fair value excluding goodwill $ 75,591 Goodwill 10,937 Net assets acquired $ 86,528 (1) Consists of a Trademark of $9,050 and customer relationships of $23,900, both of which are amortized over 20 years. The acquisition was accounted for in accordance with FASB Topic ASC 805 ("Business Combinations"), which requires that the total cost of an acquisition be allocated to tangible and intangible assets acquired and liabilities assumed based upon their respective fair values at the date of acquisition. The Company recorded goodwill for the acquisition based on the amount by which the purchase price exceeded the fair value of the net assets acquired, which consists largely of the synergies expected from the acquisitions. For tax purposes, this goodwill will be amortized over a 15 year period. Preliminary estimates of the fair value of identifiable assets acquired and liabilities assumed are subject to revision, which may result in adjustments to the preliminary values recorded during the measurement period (a period not to exceed 12 months from acquisition date). The fair value of the trademark was estimated using the relief-from-royalty method, which presumes the owner of the asset avoids hypothetical royalty payments that would need to be made for the use of the asset if the asset was not owned. Key assumptions and estimates used are forecasted revenue, a royalty rate of 3.0%, and a discount rate of 21.8%. Such assumptions included significant unobservable inputs and changes in these significant unobservable inputs might result in a significantly higher or lower fair value measurement. The useful life of the trademark was estimated to be 20 years and amortization for the trademark has been recorded in operating expenses in our Consolidated Statements of Income. The fair value of the customer relationships was estimated using the multi-period excess earnings method. The excess earnings methodology is an income approach methodology that estimates the projected cash flows of the business attributable to the customer relationships, net of charges for the use of other identifiable assets of the business including working capital, fixed assets, and other intangible assets. Key assumptions and estimates used in deriving the projected cash flows are forecasted revenue, earnings before interest, taxes, depreciation, and amortization ("EBITDA") margin of 8.8%, customer attrition rate of 5.0%, and discount rates in the range of 21.0% to 23.5%. Such assumptions include significant unobservable inputs and such changes in these significant unobservable inputs might result in a significantly higher or lower fair value measurement. The useful life of the customer relationships was estimated to be 20 years and amortization for these intangible assets has been recorded in operating expenses in our Consolidated Statements of Income. Transaction costs of $1,505 for the year ended December 31, 2023 have been recorded within operating expenses in the Consolidated Statements of Income. AG SM Holdings Ltd On December 23, 2022, the Company formed a joint venture ("AG SM Holdings Ltd.") with Apparel FZCO, through its subsidiary, Madden Asia Holding Limited. The Company owns 50.1% interest in AG SM Holdings Ltd. and paid a contribution of $7,014. AG SM Holdings Ltd. is the exclusive distributor of the Company's products in the Middle East. As the Company has a controlling financial interest in the joint venture in AG SM Holdings Ltd., the assets, liabilities, and results of operations of AG SM Holdings Ltd. are consolidated and included in the Company’s consolidated financial statements. The other member's interest is reflected in “Net income attributable to noncontrolling interests” in the Consolidated Statements of Income and “Noncontrolling interests” in the Consolidated Balance Sheets. Dolce Vita ® Handbags On December 27, 2021, the Company acquired the rights for Dolce Vita ® Handbags for the total purchase price of $2,000, which include trademarks and all internet domain name registrations. South African joint venture On June 28, 2021, the Company completed the acquisition of the remaining 49.9% non-controlling interest in its South African joint venture in the amount of $2,260. The South African joint venture was formed in 2014 and distributes Steve Madden ® footwear and accessories/apparel throughout South Africa. European joint venture On April 14, 2021, the Company completed the acquisition of the remaining 49.9% non-controlling interest in its European joint venture in the amount of $16,682. The European joint venture was formed in 2016 and distributes Steve Madden ® and Dolce Vita ® footwear and accessories/apparel to most countries throughout Europe. Sale of Minority Noncontrolling Interest On April 1, 2022, the Company sold a 49.9% minority non-controlling interest in Steve Madden South Africa Proprietary Limited for $1,017 to a third party to form a joint venture.

Fair Value Measurement

Fair Value Measurement	12 Months Ended
Fair Value Measurement	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurement	Note E – Fair Value Measurement The accounting guidance under Accounting Standards Codification 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”), requires the Company to make disclosures about the fair value of certain of its assets and liabilities. ASC 820-10 clarifies the principle that fair value should be based on the assumptions market participants would use when pricing an asset or liability and establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. ASC 820-10 utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. A brief description of those three levels is as follows: • Level 1: Observable inputs such as quoted prices in active markets for identical assets or liabilities. • Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. • Level 3: Significant unobservable inputs; inputs to the valuation methodology based on unobservable prices or valuation techniques that are significant to the fair value measurement. The Company’s financial assets and liabilities subject to fair value measurements, as of December 31, 2023 and 2022 were as follows: December 31, 2023 December 31, 2022 (in thousands) Fair value Level 1 Level 2 Level 3 Fair value Level 1 Level 2 Level 3 Assets: Forward contracts $ 708 $ — $ 708 $ — $ 916 $ — $ 916 $ — Total assets $ 708 $ — $ 708 $ — $ 916 $ — $ 916 $ — Liabilities: Contingent consideration (1) $ 13,300 $ — $ — $ 13,300 $ — $ — $ — $ — Forward contracts 1,904 — 1,904 — 1,241 — 1,241 — Total liabilities $ 15,204 $ — $ 1,904 $ 13,300 $ 1,241 $ — $ 1,241 $ — (1) On December 31, 2023, $3,325 was recorded in Contingent payment liability - current portion and $9,975 was recorded in Contingent payment liability - long-term portion. Forward contracts are used to manage the risk associated with the volatility of future cash flows (see Note L – Derivative Instruments). Fair value of these instruments is based on observable market transactions of spot and forward rates. The Company's recurring Level 3 balance consists of contingent consideration related to acquisitions. The changes in the Company's Level 3 liabilities for the years ended December 31, December 31, 2023 and 2022 were as follows: (in thousands) Balance at Beginning of the Year Acquisitions Adjustments (1) Transfer out of Level 3 (2) Balance at End of the Year 2023: Liabilities: Contingent consideration $ — 13,300 — — $ 13,300 2022: Liabilities: Contingent consideration $ 6,960 — (5,807) (1,153) $ — (1) In 2022, amount consists of an adjustment of $(5,807) that was included as a benefit in operating expenses, related to the change in valuation of the contingent consideration in connection with the acquisition of B.B. Dakota, Inc. (2) On December 31, 2022, the transfer out of Level 3 amount of $1,153, which was recorded in the current portion of our contingent payment liabilities on the Consolidated Balance Sheets, represented the current portion of our contingent liabilities and was measured at the amount payable based on actual EBITDA performance for the related performance period, and was paid as of December 31, 2023. At December 31, 2023, the liability for potential contingent consideration was $13,300 in connection with the October 20, 2023 acquisition of Almost Famous. There was no significant change to the fair value of the liability since the date of acquisition. The fair values of goodwill and intangibles are measured on a non-recurring basis and are determined using Level 3 inputs, including forecasted cash flows, discount rates, and implied royalty rates (see Note D – Acquisitions & Sale of Minority Noncontrolling Interest and Note G – Goodwill and Intangible Assets). The fair values of lease right-of-use assets and fixed assets related to company-owned retail stores are measured on a non-recurring basis and are determined using Level 3 inputs, including estimated discounted future cash flows associated with the assets using sales trends, market rents, and market participant assumptions (see Note F – Property and Equipment and Note M – Leases). The carrying value of certain financial instruments such as cash equivalents, certificates of deposit, accounts receivable, factor accounts receivable, and accounts payable approximates their fair values due to the short-term nature of their underlying terms. Fair value of the notes receivable held by the Company approximates their carrying value based upon their imputed or actual interest rate, which approximates applicable current market interest rates. Some assets are not measured at fair value on an ongoing basis but are subject to fair value adjustments only in certain circumstances (non-recurring). These assets can include long-lived assets that have been reduced to fair value when impaired. Assets that are written down to fair value when impaired are not subsequently adjusted to fair value unless further impairment occurs.

Property and Equipment (Notes)

Property and Equipment (Notes)	12 Months Ended
Property and Equipment (Notes)	Dec. 31, 2023
Property and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	Note F – Property and Equipment The major classes of assets and total accumulated depreciation and amortization were as follows: As of December 31, (in thousands) Average Useful Life 2023 2022 Land and building 27.5 (Building) $ 929 $ 890 Leasehold improvements Lesser of remaining lease or asset life 90,700 85,974 Machinery and equipment 10 years 12,641 7,617 Furniture and fixtures 3 to 5 years 14,750 12,508 Computer equipment and software 3 to 10 years 83,710 75,004 Construction in progress 1,976 8,662 204,706 190,655 Less: impairments and disposals (12,784) (14,271) Less: accumulated depreciation and amortization (144,723) (135,720) Property and equipment - net $ 47,199 $ 40,664 Depreciation and amortization expense related to property and equipment included in operating expenses amounted to approximately $13,419, $11,576, and $12,533 in 2023, 2022, and 2021, respectively, and includes computer software amortization expense for 2023, 2022, and 2021 of $3,762, $3,505, and $3,135, respectively. Property and equipment, along with other long-lived assets, are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. In 2021, the Company identified indicators of impairment for long-lived assets at certain retail stores. For such stores, the Company performed a recoverability test, comparing estimated undiscounted cash flows to the carrying value of the related long-lived assets. When the carrying value was more than the estimated undiscounted cash flows, the Company determined that an impairment test was required. Fair values of the long-lived assets were estimated using an income approach based on management’s forecast of future cash flows derived from continued retail operations and the fair values of individual operating lease assets were determined using estimated market rental rates. Significant estimates are used in determining future cash flows of each store over its remaining lease term, including the Company's expectations of future projected cash flows that include revenues, operating expenses, and market conditions. An impairment loss is recorded if the carrying amount of the long-lived asset group exceeds its fair value. As a result, the Company recorded an impairment charge of $409 related to furniture fixtures and leasehold improvements for the year ended December 31, 2021. These impairment charges were recorded in the Direct-to-Consumer segment. There were no impairment charges recorded for the years ended December 31, 2023 and 2022.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
Goodwill and Intangible Assets	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note G – Goodwill and Intangible Assets The following is a summary of the carrying amount of goodwill by reporting unit as of December 31, 2023 and 2022: Wholesale (in thousands) Footwear Accessories/Apparel Direct-to-Consumer Net Carrying Amount Balance at January 1, 2022 $ 90,066 $ 62,688 $ 15,241 $ 167,995 Translation 107 — (17) 90 Balance at December 31, 2022 90,173 62,688 15,224 168,085 Acquisitions — 10,937 — 10,937 Translation 490 — 491 981 Balance at December 31, 2023 $ 90,663 $ 73,625 $ 15,715 $ 180,003 The following table details identifiable intangible assets as of December 31, 2023 and 2022: As of December 31, 2023 (in thousands) Estimated Lives Cost Basis (1) Accumulated Amortization Impairment and other (2)(3) Net Carrying Amount Trademarks 20 years $ 27,745 $ (16,263) $ (2,545) $ 8,937 Customer relationships 10-20 years 62,580 (27,267) (1,382) 33,931 90,325 (43,530) (3,927) 42,868 Re-acquired right indefinite 35,200 — (8,862) 26,338 Trademarks indefinite 63,283 — (6,222) 57,061 $ 188,808 $ (43,530) $ (19,011) $ 126,267 (1) During the year ended December 31, 2023, the Company acquired Almost Famous, which consisted of a Trademark of $9,050 and customer relationships of $23,900, both of which are amortized over 20 years.. (2) During the year ended December 31, 2023, the Company recorded impairment charges of $6,520 related to the GREATS ® trademark. (3) Includes the effect of foreign currency translation related primarily to the movements of the Canadian dollar and Mexican peso in relation to the U.S. dollar. As of December 31, 2022 (in thousands) Estimated Lives Cost Basis (1) Accumulated Amortization Impairment and other (2) Net Carrying Amount Trademarks 1–10 years $ 18,695 $ (16,075) $ (2,620) $ — Customer relationships 10-20 years 38,680 (25,059) (1,574) 12,047 57,375 (41,134) (4,194) 12,047 Re-acquired right indefinite 35,200 — (9,432) 25,768 Trademarks indefinite 63,283 — 94 63,377 $ 155,858 $ (41,134) $ (13,532) $ 101,192 (1) During the year ended December 31, 2021, the Company purchased the trademark for Dolce Vita ® Handbags for $2,000 and the cash consideration was paid in 2022. (2) Includes the effect of foreign currency translation related primarily to the movements of the Canadian dollar and Mexican peso in relation to the U.S. dollar. The Company evaluates its goodwill and indefinite-lived intangible assets for indicators of impairment at least annually in the beginning of the third quarter of each year and whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. The Company also periodically performs a quantitative test to assess its goodwill and indefinite-lived intangibles for impairment in lieu of using the qualitative approach in order to reassess the fair values. A quantitative assessment of goodwill and indefinite-lived intangible assets was performed as of July 1, 2023. In conducting the quantitative impairment assessments for goodwill and indefinite-lived intangibles, the Company concluded that the fair values of its reporting units exceeded their carrying values and the fair values of its indefinite-lived intangibles exceeded their respective carrying values. In the fourth quarter of 2023, certain circumstances occurred that indicated potential impairment and the Company performed a valuation of the GREATS ® trademark. The estimated fair value of this trademark was determined using an excess earnings method, incorporating the use of projected financial information and a discount rate of 14.8% which was developed using market participant based assumptions. Changes in these significant unobservable inputs might result in a significantly higher or lower fair value measurement. As a result of this assessment, the GREATS ® trademark was written down from the carrying value of $12,670 to its fair value of $6,150, resulting in a pre-tax non-cash impairment charge of $6,520. This charge was recorded in impairment of intangibles in the Company’s Consolidated Statements of Income and recognized in the Direct-to-Consumer segment. A qualitative assessment of goodwill and indefinite-lived intangible assets was performed as of July 1, 2022. In conducting the qualitative impairment assessments for goodwill and indefinite-lived intangibles, the Company concluded that it is more likely than not that the fair values of its reporting units exceeded their carrying values and the fair values of its indefinite-lived intangibles exceeded their respective carrying values. Therefore, in 2022, as a result of the annual tests, no impairment charges were recorded for goodwill and intangibles. During the fourth quarter of 2021, certain decisions were made by the Company that resulted in the change in useful life of the BB Dakota trademark from an indefinite to a finite life. As a result, the BB Dakota trademark was assessed for impairment. The estimated fair value of this trademark was determined using an excess earnings method, incorporating the use of projected financial information and a discount rate which was developed using market participant based assumptions. As a result of this assessment, the BB Dakota trademark was written down from the carrying value of $9,670 to its fair value of $7,050, resulting in a pre-tax non-cash impairment charge of $2,620. This charge was recorded in impairment of intangibles in the Company’s Consolidated Statements of Income and recognized in the Wholesale Accessories/Apparel segment. The fair value of $7,050 was amortized over its remaining useful life of one year, and was fully amortized in 2022. During the year ended December 31, 2021, the Company sold one of its internally developed trademarks for a gain of $8,000, which was recorded in operating expenses in the Company's Consolidated Statements of Income. The amortization of intangible assets amounted to $2,082, $9,001, and $2,675 for 2023, 2022, and 2021 and is included in operating expenses in the Company's Consolidated Statements of Income. The estimated future amortization expense for intangibles as of December 31, 2023 was as follows: (in thousands) 2024 $ 3,422 2025 3,422 2026 3,422 2027 3,174 2028 3,139 Thereafter 26,289 Total $ 42,868

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
Stock-Based Compensation	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Note H – Equity-Based Compensation In February 2019, the Company's Board of Directors approved the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the “2019 Plan”), under which non-qualified stock options, stock appreciation rights, performance shares, restricted stock, other stock-based awards and performance-based awards may be granted to employees, consultants, and non-employee directors. The 2019 Plan is the successor to the Company's Amended and Restated 2006 Stock Incentive Plan, as amended (the "2006 Plan"), the term of which expired on April 6, 2019. The Company's stockholders approved the 2019 Plan at the Company's annual meeting of stockholders held on May 24, 2019. The following table summarizes the number of shares of common stock authorized for issuance under the 2019 Plan, the number of stock-based awards granted (net of expired or cancelled awards) under the 2019 Plan and the number of shares of common stock available for the grant of stock-based awards under the 2019 Plan: (in thousands) Common stock authorized 11,000 Stock-based awards, including restricted stock and stock options granted, net of expired or cancelled awards (6,379) Common stock available for grant of stock-based awards as of December 31, 2023 4,621 In addition, vested and unvested options to purchase 76 shares of common stock and 255 shares of unvested restricted stock awarded under the 2006 Plan were outstanding as of December 31, 2023. For the years ended December 31, 2023, 2022, and 2021, total equity-based compensation was as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Restricted stock $ 21,551 $ 21,005 $ 18,144 Stock options 2,597 3,391 4,134 Total $ 24,148 $ 24,396 $ 22,278 We calculate an estimated forfeiture rate annually based on historical forfeiture and expectations about future forfeitures. Equity-based compensation is included in operating expenses on the Company’s Consolidated Statements of Income. Restricted Stock The following table summarizes restricted stock activity during the year ended December 31, 2023 and 2022: (in thousands) Number of Shares Weighted Average Fair Value Outstanding at January 1, 2022 2,849 23.81 Granted 439 40.30 Vested (1,144) 21.25 Forfeited (35) 34.37 Outstanding at December 31, 2022 2,109 $ 28.44 Granted 398 33.38 Vested (1,192) 22.38 Forfeited (37) 37.82 Outstanding at December 31, 2023 1,278 $ 35.44 As of December 31, 2023, the Company had $33,991 of total unrecognized compensation cost related to restricted stock awards granted under the 2019 Plan and the 2006 Plan. This cost is expected to be recognized over a weighted average period of 3.1 years. The Company determines the fair value of its restricted stock awards based on the market price of its common stock on the date of grant. The fair values of the restricted stock that vested during the years ended December 31, 2023, 2022, and 2021 were $26,168, $24,300, and $23,231, respectively. Stock Options Activity relating to stock options granted under the Company’s plans during the year ended December 31, 2023 was as follows: (in thousands except for per share price) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at January 1, 2022 2,531 $ 29.06 Granted 276 $ 36.95 Exercised (24) $ 25.61 Forfeited (17) $ 39.28 Outstanding at December 31, 2022 2,766 $ 29.82 2.0 years $ 11,778 Vested and Exercisable at December 31, 2022 2,543 $ 29.11 1.8 years $ 11,741 Outstanding at January 1, 2023 2,766 $ 29.82 Granted 237 30.74 Exercised (1,654) 25.14 Expired (229) 36.01 Forfeited (2) 46.28 Outstanding at December 31, 2023 1,118 $ 35.62 3.2 years $ 7,684 Vested and Exercisable at December 31, 2023 935 $ 35.91 3.0 years $ 6,167 At December 31, 2023, $1,336 of total unrecognized compensation cost related to non-vested stock option awards is expected to be recognized over a weighted-average period of 1.4 years. Additional information pertaining to the Company's stock option plan was as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Cash received from the exercise of stock options $ 1,205 $ 602 $ 9,732 Intrinsic value of stock options exercised $ 16,335 $ 314 $ 8,622 Tax benefits realized on exercise of stock options $ 1,285 $ 41 $ 1,512 The Company uses the Black-Scholes-Merton option-pricing model to estimate the fair value of options granted, which requires several assumptions. The expected term of the options represents the estimated period of time until exercise and is based on the historical experience of similar awards. Expected volatility is based on the historical volatility of the Company’s common stock. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of the grant. The dividend yield is based on the Company's annualized dividend per share amount divided by the Company's stock price. New shares are issued upon option exercise. The following weighted average assumptions were used for stock options granted during 2023, 2022, and 2021: Years Ended December 31, 2023 2022 2021 Volatility 37.3% to 48.1% 42.5% to 51.1% 40.3% to 49.6% Risk free interest rate 3.7% to 4.7% 1.2% to 3.0% 0.1% to 1.0% Expected life in years 3.0 to 5.0 3.0 to 5.0 2.0 to 4.0 Dividend yield 2.5% 2.1% 1.4% Weighted average fair value $10.12 $13.42 $13.30

Preferred Stock (Notes)

Preferred Stock (Notes)	12 Months Ended
Preferred Stock (Notes)	Dec. 31, 2023
Preferred Stock [Abstract]
Preferred Stock [Text Block]	Note I – Preferred Stock The Company has authorized 5,000 shares of preferred stock. The Board of Directors has designated 60 shares of such preferred stock as Series A Junior Participating Preferred Stock (“Series A Preferred”). Holders of the shares of Series A Preferred are entitled to dividends equal to 1 times dividends declared or paid on the Company's common stock. Each share of Series A Preferred entitles the holder to 1 vote on all matters submitted to the holders of common stock. The Series A Preferred has a liquidation preference of $1 per share and is not redeemable by the Company. No shares of preferred stock have been issued.

Share Repurchases (Notes)

Share Repurchases (Notes)	12 Months Ended
Share Repurchases (Notes)	Dec. 31, 2023
Share Repurchase Program [Abstract]
Share Repurchase Program [Text Block]	Note J – Share Repurchase Program The Company's Board of Directors authorized a share repurchase program (the “Share Repurchase Program”), effective as of January 1, 2004. The Share Repurchase Program does not have a fixed expiration or termination date and may be modified or terminated by the Board of Directors at any time. On several occasions the Board of Directors has increased the amount authorized for repurchase of the Company's common stock. On May 8, 2023, the Board of Directors approved an increase in the Company's share repurchase authorization of approximately $189,900, bringing the total authorization to $250,000. The Share Repurchase Program permits the Company to effect repurchases from time to time through a combination of open market repurchases or in privately negotiated transactions at such prices and times as are determined to be in the best interest of the Company. During the twelve months ended December 31, 2023 and 2022, an aggregate of 3,127 and 3,604, respectively, shares of the Company's common stock, excluding net settlements of employee stock awards, were repurchased under the Share Repurchase Program, at a weighted average price per share of $34.89 and $35.84, respectively, for an aggregate purchase price of approximately $109,118 and $129,152, respectively. As of December 31, 2023, approximately $175,463 remained available for future repurchases under the Share Repurchase Program. The Steven Madden, Ltd. Amended and Restated 2006 Stock Incentive Plan (as further amended, the "2006 Plan"), which expired on April 6, 2019, and the Steven Madden, Ltd. 2019 Incentive Compensation Plan (the "2019 Plan") both provide the Company with the right to deduct or withhold, or require employees to remit to the Company, an amount sufficient to satisfy any applicable tax withholding and/or option cost obligations applicable to stock-based compensation awards. To the extent permitted, employees may elect to satisfy all or part of such withholding obligations by tendering to the Company previously owned shares or by having the Company withhold shares having a fair market value equal to the employee's withholding tax obligation and/or option cost. During the twelve months ended December 31, 2023 and 2022, an aggregate of 2,002 and 584 shares, respectively, were withheld in connection with the settlement of employee stock awards to satisfy tax-withholding requirements and option costs, at an average price per share of $36.75 and $33.75, respectively, for an aggregate purchase price of approximately $73,591 and $19,725, respectively.

Net Income_(Loss) Per Share of

Net Income/(Loss) Per Share of Common Stock	12 Months Ended
Net Income/(Loss) Per Share of Common Stock	Dec. 31, 2023
Earnings Per Share [Abstract]
Net Income/(Loss) Per Share of Common Stock	Note K – Net Income Per Share of Common Stock Basic net income per share is based on the weighted average number of shares of common stock outstanding during the period, which does not include unvested restricted common stock subject to forfeiture of 1,278, 2,109, and 2,849 shares for the years ended December 31, 2023, 2022, and 2021, respectively. Diluted net income per share reflects: a) the potential dilution assuming shares of common stock were issued upon the exercise of outstanding in-the-money options and the assumed proceeds, which are deemed to be the proceeds from the exercise plus compensation cost not yet recognized attributable to future services using the treasury method, were used to purchase shares of the Company’s common stock at the average market price during the period, and b) the vesting of granted non-vested restricted stock awards for which the assumed proceeds upon vesting are deemed to be the amount of compensation cost not yet recognized attributable to future services using the treasury stock method, to the extent dilutive. (in thousands) Years Ended December 31, 2023 2022 2021 Net income attributable to Steven Madden, Ltd. 171,554 216,061 190,678 Basic net income per share $ 2.34 $ 2.84 $ 2.43 Diluted net income per share $ 2.30 $ 2.77 $ 2.34 Weighted average common shares outstanding: Basic 73,337 76,021 78,442 Effect of dilutive securities: Stock awards and options to purchase shares of common stock 1,228 2,048 3,186 Diluted 74,565 78,069 81,628 For the years ended December 31, 2023, 2022, and 2021, options to purchase approximately 10, 2, and 5, respectively, shares of common stock, respectively, have been excluded from the calculation of diluted net income per share, as the result would have been anti-dilutive. For the year ended December 31, 2023, 2022, and 2021, 39, 46, and 7, respectively, restricted shares, were excluded from the calculation of diluted net income per share, as the result would have been anti-dilutive. The Company had contingently issuable performance awards outstanding that did not meet the performance conditions as of year ended December 31, 2023, 2022, and 2021, therefore, were excluded from the calculation of diluted net income per common share for the year ended December 31, 2023, 2022, and 2021. The maximum number of potentially dilutive shares that could be issued upon vesting for these performance awards was approximately 70, 66, and 17, respectively, as of December 31, 2023, 2022, and 2021, respectively. These amounts were also excluded from the computation of weighted average potentially dilutive securities.

Derivative Instruments (Notes)

Derivative Instruments (Notes)	12 Months Ended
Derivative Instruments (Notes)	Dec. 31, 2023
Derivative Instruments [Abstract]
Derivative Instruments	Note L – Derivative Instruments

Operating Leases (Notes)

Operating Leases (Notes)	12 Months Ended
Operating Leases (Notes)	Dec. 31, 2023
Operating Leases [Abstract]
Lessee, Operating Leases	Note M – Leases The following table presents the lease-related assets and liabilities recorded on the Consolidated Balance Sheets as of December 31, 2023 and 2022: As of December 31, (in thousands) Classification on the Balance Sheet 2023 2022 Assets Noncurrent Operating lease right-of-use asset $ 122,783 $ 90,264 Liabilities Current Operating leases - current portion $ 40,342 $ 29,499 Noncurrent Operating leases - long-term portion 98,536 79,128 Total operating lease liabilities $ 138,878 $ 108,627 Weighted-average remaining lease term 4.5 years 4.6 years Weighted-average discount rate 5.1 % 4.4 % The following table presents the composition of lease costs during the years ended December 31, 2023, 2022, and 2021: Years Ended December 31, (in thousands) 2023 2022 2021 Operating lease cost $ 41,539 $ 33,724 $ 36,863 Variable lease cost (1) 4,532 7,753 18,206 Less: sublease income 264 243 321 Total lease cost $ 45,807 $ 41,234 $ 54,748 (1) For the year ended December 31, 2021, the Company incurred expenses related to the COVID-19 lease amendments of $9,505, which were included in variable lease cost. There were no lease amendments for the years ended December 31, 2023 and 2022. The Company recorded impairment charges of $1,023 related to lease right-of-use assets for the year ended December 31, 2021. These impairment charges were recorded in the Direct-to-Consumer and Wholesale Accessories/Apparel segments. No such impairment charges were recorded in 2023 and 2022. The following table presents supplemental cash and non-cash information related to the Company's operating leases during the years ended December 31, 2023 and 2022: Years Ended December 31, (in thousands) 2023 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows used for operating leases $ 44,577 $ 39,136 Noncash transactions: Right-of-use asset obtained in exchange for new operating lease liabilities $ 70,465 $ 36,450 Right-of-use asset amortization expense (1) $ 37,851 $ 31,693 (1) Included in "Leases and other liabilities" in the Consolidated Statement of Cash Flows. Future Minimum Lease Payments The following table presents future minimum lease payments for each of the first five years and the total for the remaining years: (in thousands) As of 2024 $ 43,730 2025 37,935 2026 28,696 2027 18,558 2028 11,848 Thereafter 16,497 Total minimum lease payments 157,264 Less: interest 18,386 Total lease liabilities $ 138,878 Rent expense for the years ended December 31, 2023, 2022, and 2021 was approximately $53,713, $49,321, and $47,179, respectively.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note N – Income Taxes The components of income before income taxes were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Domestic $ 131,343 $ 188,265 $ 171,297 Foreign 89,271 94,055 70,771 $ 220,614 $ 282,320 $ 242,068 The components of provision for income taxes were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Current: Federal $ 18,491 $ 36,983 $ 32,983 State and local 3,594 6,057 3,711 Foreign 18,449 18,462 11,635 40,534 61,502 48,329 Deferred: Federal 5,229 2,705 (1,402) State and local 682 466 1,888 Foreign 194 430 794 6,105 3,601 1,280 $ 46,639 $ 65,103 $ 49,609 A reconciliation between income taxes computed at the federal statutory rate and the effective tax rate is as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Income taxes at federal statutory rate 21.0 % 21.0 % 21.0 % Effects of foreign operations 0.4 (0.2) (0.8) Stock-based compensation (1.8) (0.5) (2.4) State and local income taxes - net of federal income tax benefit 1.9 2.0 2.1 Nondeductible items 0.3 0.5 1.2 Valuation allowance (0.1) 0.1 (0.5) Other (0.6) 0.2 (0.1) Effective tax rate 21.1 % 23.1 % 20.5 % The primary changes between the Company’s effective tax rate for the year ended December 31, 2023 and 2022 are due to a higher tax benefit related to equity-based awards and a decrease in pre-tax income in jurisdictions with higher tax rates. The primary changes between the Company’s effective tax rate for the year ended December 31, 2022, and 2021 are due to a lower tax benefit related to equity-based awards and an increase in pre-tax income in jurisdictions with higher tax rates. The components of deferred tax assets and liabilities were as follows: As of December 31, (in thousands) 2023 2022 Deferred tax assets Receivable allowances $ 7,087 $ 7,049 Inventory 7,780 8,367 Accrued expenses 343 315 Deferred compensation 3,468 6,461 Net operating loss carryforwards 5,393 5,685 Lease liability 33,232 26,038 Other 2,332 1,042 Gross deferred tax assets before valuation allowance 59,635 54,957 Less: valuation allowance 3,715 3,948 Gross deferred tax assets after valuation allowance 55,920 51,009 Deferred tax liabilities Depreciation and amortization (22,648) (16,704) Unremitted earnings of foreign subsidiaries (2,917) (2,599) Right-of-use asset (29,290) (21,621) Amortization of goodwill (7,613) (7,599) Indefinite-lived intangibles (1,449) (4,654) Gross deferred tax liabilities (63,917) (53,177) Net deferred tax liabilities $ (7,997) $ (2,168) The Company applies the asset and liability method of accounting for income taxes. Under this method, deferred tax assets and liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that are expected to be in effect when the differences are expected to reverse. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities (including the impact of available carryback and carryforward periods), projected future taxable income, and tax‑planning strategies in making this assessment. The Company’s decrease in valuation allowance of $233 is due to a decrease of net operating loss deferred tax assets in various foreign subsidiaries, which resulted in an aggregate valuation allowance of $3,715 for the year ended December 31, 2023. A reconciliation of the beginning and ending amount of unrecognized tax benefits were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Beginning Balance $ 1,145 $ 1,145 $ 2,295 Additions for tax positions of prior years — — — Reductions for tax positions of prior years (907) — (1,150) Ending Balance $ 238 $ 1,145 $ 1,145 For the years ended December 31, 2023, 2022, and 2021 the total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is approximately $238, $1,145, and $1,145, in the aggregate, respectively. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits in income tax expense. Accrued interest and penalties on unrecognized tax benefits and interest and penalty expense was immaterial to the consolidated financial statements for all periods presented. It is reasonably possible that the unrecognized tax benefits will decrease in the next twelve months. The Company’s consolidated financial statements provide for any related tax liability on amounts that may be repatriated from foreign operations, aside from undistributed earnings of certain of the Company’s foreign subsidiaries that are intended to be indefinitely reinvested in operations outside the U.S. The deferred tax liability of $2,917 at December 31, 2023 reflects the withholding tax on amounts that may be repatriated from foreign operations. On August 16, 2022, the Inflation Reduction Act of 2022 (“IRA”) was signed into law, which contains certain revisions to the Internal Revenue Code, including a 15% corporate minimum income tax for tax years beginning after December 31, 2022. While the 15% corporate minimum income tax has no effect on the Company’s results of operations in the near term, we will continue to evaluate its impact as further information becomes available. The Inflation reduction Act also assesses a 1% excise tax on repurchases of corporate stock which will continue to impact the Company’s stock repurchases. The Organization for Economic Cooperation and Development (“OECD”) has proposed to enact a global minimum tax rate of at least 15% for large multinational companies beginning in 2024 (“Pillar Two”). Under Pillar Two, a top-up tax will be required for any jurisdiction whose effective tax rate falls below the 15% global minimum rate. Additionally, the OECD issued administrative guidance providing transition and safe harbor rules around the implementation of the Pillar Two global minimum tax. Under the safe harbor, companies would be excluded from Pillar Two requirements provided certain criteria are met. Based on preliminary analysis, the enactment of Pillar Two legislation is not expected to have a material effect on the Company’s financial position. The Company will continue to monitor and reflect the impact of such legislative changes in future periods, as appropriate.

Commitments, Contingencies and

Commitments, Contingencies and Other	12 Months Ended
Commitments, Contingencies and Other	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Other	Note O – Commitments, Contingencies, and Other Legal Proceedings: In the ordinary course of business, the Company has various pending cases involving contractual disputes, employee-related matters, distribution matters, product liability claims, intellectual property infringement, and other matters. In the opinion of management, after consulting with legal counsel, the liabilities, if any, resulting from these matters should not have a material effect on the Company's financial position, or results of operations. It is the policy of management to disclose the amount or range of reasonably possible losses in excess of recorded amounts or cash flows. Letters of Credit: As of December 31, 2023, the Company had $504 in letters of credit outstanding unrelated to the Company's Credit Agreement. License agreements: In January 2018, the Company entered into a license agreement with Nine West Development LLC, subsequently acquired by WHP Global, for the right to manufacture, market, and sell women's fashion footwear and handbags under the Anne Klein ® , AK Sport ® , AK Anne Klein Sport ® , and the Lion Head Design ® trademarks. The agreement, unless extended, expired on June 30, 2023. The agreement requires that the Company pay the licensor a royalty equal to a percentage of net revenues and a minimum royalty in the event that specified net revenues targets are not achieved. In 2022, the Company entered into its second amendment to extend the term of this license agreement through December 31, 2026. On February 9, 2011, the Company entered into a license agreement with Basic Properties America Inc. and BasicNet S.p.A, under which the Company has the right to use the Superga ® trademark in connection with the sale and marketing of women's footwear. The agreement requires the Company to pay the licensor a royalty equal to a percentage of net revenues and a minimum royalty in the event that specified net revenues targets are not achieved. The Superga license was terminated as of December 31, 2022. Future minimum royalty payments under all of the Company's license agreements are $6,000 for 2024 and $12,000 for 2025 through 2026. Royalty expenses are included in the cost of sales on the Company's Consolidated Statements of Income. Concentrations: The Company maintains cash and cash equivalents with various major financial institutions, which at times are in excess of the amount insured. During the year ended December 31, 2023, 2022, and 2021, the Company did not purchase more than 10% of its merchandise from any single supplier. Total product purchases from vendors located in China for the year ended December 31, 2023, 2022, and 2021, were 79%, 78%, and 78%, respectively. For the year ended December 31, 2023, the Company did not have any customers who accounted for more than 10% of total revenue. At December 31, 2023, three customers accounted for 16.1%, 12.7%, and 12.4% of total accounts receivable. The Company did not have any other customers who accounted for more than 10% of total accounts receivable. For the year ended December 31, 2022, the Company did not have any customers who accounted for more than 10% of total revenue. At December 31, 2022, three customers accounted for 20.6%, 16.2%, and 11.1% of total accounts receivable. The Company did not have any other customers who accounted for more than 10% of total accounts receivable. At December 31, 2021, two customers represented approximately 14.0% and 10.6% of total revenue. At December 31, 2021, the same two customers accounted for 19.3% and 18.1% of total accounts receivable. The Company did not have any other customers who accounted for more than 10% of total revenue or any other customers who accounted for more than 10% of total accounts receivable. Purchases are made primarily in United States dollars.

Credit Agreement

Credit Agreement	12 Months Ended
Credit Agreement	Dec. 31, 2023
Debt Disclosure [Abstract]
Credit Agreement	Note P – Credit Agreement Credit Agreement On July 22, 2020, the Company entered into a $150,000, secured revolving credit agreement (as amended to date, the “Credit Agreement”) with various lenders and Citizens Bank, N.A., as administrative agent (the “Agent”), which replaced the Company’s existing credit facility provided by Rosenthal & Rosenthal, Inc. (“Rosenthal”). The Credit Agreement provides for a revolving credit facility (the “Credit Facility”) scheduled to mature on July 22, 2025. The initial $150,000 maximum availability under the Credit Facility is subject to a borrowing base calculation consisting of certain eligible accounts receivable, credit card receivables, inventory, and in-transit inventory. Availability under the Credit Facility is reduced by outstanding letters of credit. The Company may from time-to-time increase the maximum availability under the Credit Agreement by up to $100,000 if certain conditions are satisfied. On March 25, 2022, an amendment to the Credit Agreement (the “Amendment”) replaced the London Interbank Offering Rate (“LIBOR”) with the Bloomberg Short-Term Bank Yield Index (“BSBY”) as the interest rate benchmark. Borrowings under the Credit Agreement generally bear interest at a variable rate equal to a specified margin, which is based upon the average availability under the Credit Facility from time to time, plus, at the Company’s election, (i) BSBY for the applicable interest period or (ii) the base rate (which is the highest of (a) the prime rate announced by the Agent, (b) the sum of the federal funds effective rate plus 0.50%, and (c) the sum of the one-month BSBY rate plus 1.00%). Furthermore, the Amendment reduced the specified margin used to determine the interest rate under the Credit Agreement and reduced the commitment fee paid by the Company to the Agent, for the account of each lender. Additionally, the Amendment reduced the frequency of the Company’s borrowing base reporting requirements when no loans are outstanding. The Amendment also extended the maturity date of the Credit Agreement to March 20, 2027. As amended on April 3, 2023, on October 23, 2023, the Credit Agreement was further amended to accommodate changes made to the Company’s factoring arrangement with CIT pursuant to the Notification Factoring Rider as described in Note Q – Factoring Agreements. Under the Credit Agreement, the Company must also pay (i) a commitment fee to the Agent, for the account of each lender, which accrues at a rate equal to 0.25% per annum on the average daily unused amount of the commitment of such lender, (ii) a letter of credit participation fee to the Agent, for the account of each lender, ranging from 1.25% to 2.50% per annum, based upon average availability under the Credit Facility from time to time, multiplied by the average daily amount available to be drawn under the applicable letter of credit, and (iii) a letter of credit fronting fee to each issuer of a letter of credit under the Credit Agreement, which will accrue at a rate per annum separately agreed upon between the Company and such issuer. The Credit Agreement contains various restrictions and covenants applicable to the Company and its subsidiaries. Among other requirements, availability under the Credit Facility must, at all times, (i) prior to the occurrence of the permanent borrowing base trigger (as defined in the Credit Agreement), equal or exceed the greater of $22,500 and 15% of the line cap (as defined in the Credit Agreement), and (ii) after the occurrence of the permanent borrowing base trigger, equal or exceed the greater of $15,000 and 10% of the line cap (as defined in the Credit Agreement). Other than this minimum availability requirement, the Credit Agreement does not include any financial maintenance covenants. The Credit Agreement requires the Company and various subsidiaries of the Company to guarantee each other’s obligations arising from time to time under the Credit Facility, as well as obligations arising in respect of certain cash management and hedging transactions. Subject to customary exceptions and limitations, all borrowings under the Credit Agreement are secured by a lien on all or substantially all of the assets of the Company and each subsidiary guarantor. The Credit Agreement also contains customary events of default. If an event of default under the Credit Agreement occurs and is continuing, then the Agent may, and at the request of the required lenders shall, terminate the loan commitments under the Credit Agreement, declare any outstanding obligations under the Credit Agreement to be immediately due and payable, or require the Company to adequately cash collateralize outstanding letter of credit obligations. If the Company or, with certain exceptions, a subsidiary becomes the subject of a proceeding under any bankruptcy, insolvency, or similar law, then the loan commitments under the Credit Agreement will automatically terminate, and any outstanding obligations under the Credit Agreement and the cash collateral required under the Credit Agreement for any outstanding letter of credit obligations will become immediately due and payable. As of December 31, 2023, the Company had no cash borrowings and no letters of credit outstanding under the Credit Agreement.

Factoring Agreements

Factoring Agreements	12 Months Ended
Factoring Agreements	Dec. 31, 2023
Due To and From Factor [Abstract]
Factoring Agreements	Note Q – Factoring Agreements In conjunction with the Credit Agreement described in Note P – Credit Agreement, on July 22, 2020, the Company and certain of its subsidiaries (collectively, the “Madden Entities”) entered into an Amended and Restated Deferred Purchase Factoring Agreement (the “Factoring Agreement”) with Rosenthal & Rosenthal, Inc. ("Rosenthal"). Pursuant to the Factoring Agreement, Rosenthal serves as the collection agent with respect to certain receivables of the Madden Entities and is entitled to receive a base commission of 0.20% of the gross invoice amount of each receivable assigned for collection, plus certain additional fees and expenses, subject to certain minimum annual commissions. Rosenthal will generally assume the credit risk resulting from a customer’s financial inability to make payment of credit-approved receivables, which are classified as Factor Receivables. The initial term of the Factoring Agreement is twelve months, subject to automatic renewal for additional twelve-month periods, and the Factoring Agreement may be terminated at any time by Rosenthal or the Madden Entities on 60 days' notice and upon the occurrence of certain other events. The Madden Entities pledged all of their rights under the Factoring Agreement to the Agent under the Credit Agreement to secure obligations arising under the Credit Agreement. On April 3, 2023, in conjunction with a related amendment to the Credit Agreement, the Madden Entities also entered into a Credit Approved Receivables Purchasing Agreement (the “CARPA”) with CIT Group/Commercial Services, Inc. (“CIT”). Pursuant to the CARPA, in addition to Rosenthal, CIT will serve as a non-exclusive collection agent with respect to certain of the Madden Entities’ receivables and will generally assume the credit risk resulting from a customer’s financial inability to make payment with respect to credit approved receivables. Additionally, CIT shall compensate the Madden Entities for 50% of the losses sustained for limiting or revoking a credit line during production for any made-to-order goods that have work-in-progress coverage. For its services, CIT will be entitled to receive (1) a base fee of 0.15% of the gross face amount of each receivable assigned for collection having standard payment terms, (2) certain additional fees for receivables with non-standard payment terms or arising from sales to customers outside of the United States, and (3) reimbursement for certain expenses incurred in connection with the CARPA. The Company, on behalf of the Madden Entities, and CIT may each terminate the CARPA as of the last day of the month occurring one year after the date of the CARPA and at any time thereafter by giving the other party at least 60 days’ notice. CIT may also terminate the CARPA immediately upon the occurrence of certain events. The Madden Entities pledged all of their right, title, and interest in and to monies due and to become due under the CARPA in favor of the Agent to secure obligations arising under or in connection with the Credit Agreement. On October 23, 2023, the Company and Daniel M. Friedman & Associates, Inc. (“DMFA”), a wholly-owned subsidiary of the Company, entered into a Notification Factoring Rider to the Credit Approved Receivables Purchasing Agreement (“Notification Factoring Rider”) that amended and supplemented the Factoring Agreement, dated April 3, 2023, among the Company, DMFA and certain of the Company’s other subsidiaries party thereto (collectively with the Company, the “Madden Entities”), and added CIT. The Notification Factoring Rider enables certain receivables generated from assets acquired by DMFA from Turn On Products Inc. d/b/a Almost Famous (“Post-Acquisition Receivables”), which assets were acquired by DMFA on October 20, 2023, to be subject to the Factoring Agreement. The Notification Factoring Rider modifies the Factoring Agreement to require, in respect of certain Post-Acquisition Receivables, payment to CIT of a base fee ranging from 0.10% to 0.20% of the gross face amount of such Post-Acquisition Receivables assigned to CIT for collection. CIT will generally assume the credit risk resulting from a customer’s financial inability to make payment with respect to certain credit approved Post-Acquisition Receivables. The Company or DMFA may terminate the Notification Factoring Rider, separately from the Factoring Agreement, by giving CIT at least 10 days’ prior written notice of termination. As with monies due and to become due under the Factoring Agreement generally, monies due and to become due to the Company and DMFA under the Notification Factoring Rider are pledged in favor of the Agent to secure obligations under or in connection with the Credit Agreement.

Notes Receivable Notes Receivab

Notes Receivable Notes Receivable (Notes)	12 Months Ended
Notes Receivable Notes Receivable (Notes)	Dec. 31, 2023
Receivables [Abstract]
Notes Receivable - Related Party	Note R – Note Receivable – Related Party On June 25, 2007, the Company made a loan to Steven Madden, its Founder and Creative and Design Chief and a principal stockholder of the Company, in the amount of $3,000 in order for Mr. Madden to satisfy a personal tax obligation resulting from the exercise of stock options that were due to expire and to retain the underlying Company common stock. The loan, as amended, is secured by non-company securities held in Mr. Madden's brokerage account. The Company agreed to forgive a portion of the note for each year of employment as long as Mr. Madden remained an employee of the Company through December 31, 2023. Accordingly, as of such date, the remaining balance of the note was forgiven by the Company, no amounts remain outstanding, and neither the Company nor Mr. Madden have any outstanding obligations under the note. For the years ended December 31, 2023, 2022, and 2021 the Company recorded a charge in the amount of $409 for each year, respectively, to write-off the required one-tenth of the principal amount of the secured promissory note, which was partially offset by imputed interest income of $8, $16, and $23, respectively.

Operating Segment Information

Operating Segment Information	12 Months Ended
Operating Segment Information	Dec. 31, 2023
Segment Reporting [Abstract]
Operating Segment Information	Note S – Operating Segment Information The Company operates the following operating segments, which are presented as reportable segments: Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to-Consumer, and Licensing. As of January 2023, the Company no longer serves as a buying agent for any of its customers, and as a result no longer reports under the First Cost segment. This change is not considered to have a material or meaningful impact on the Company's operations. Our Wholesale Footwear segment designs, sources, and markets our brands and sells our products to department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs throughout the United States, Canada, Mexico, and Europe, and through our joint ventures and international distributor network. Our Wholesale Accessories/Apparel segment designs, sources, and markets our brands and sells our products to department stores, mass merchants, off-price retailers, online retailers, specialty retailers, independent stores, and clubs throughout the United States, Canada, Mexico, and Europe and through our joint ventures and international distributor network. Our Direct-to-Consumer segment consists of Steve Madden ® and Dolce Vita ® full-price retail stores, Steve Madden ® outlet stores, Steve Madden ® concessions in international markets, and our directly-operated digital e-commerce websites. We operate retail locations in regional malls and shopping centers, as well as high streets in major cities across the United States, Canada, Mexico, Europe, Israel, South Africa, Taiwan, China, and the Middle East. Our Licensing segment is engaged in the licensing of the Steve Madden ® and Betsey Johnson ® trademarks for use in the sale of select apparel, accessory, and home categories as well as various other non-core products. Our Corporate activities do not constitute a reportable segment and include costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security, and other shared services. The Chief Operating Decision Maker does not review asset information by segment; therefore we do not present assets in this note. (in thousands) Wholesale Footwear Wholesale Accessories/Apparel Total Wholesale Direct-to- Consumer First Cost Licensing Corporate (1) Consolidated For the Year Ended December 31, 2023 Total revenue $ 1,048,448 $ 416,532 $ 1,464,980 $ 506,494 $ — $ 10,108 $ — $ 1,981,582 Gross profit 370,631 135,168 505,799 316,507 — 10,108 — 832,414 Income/(loss) from operations 204,950 61,428 266,378 30,160 — 8,427 (91,743) 213,222 Depreciation and amortization 2,452 2,569 5,021 4,590 — — 5,890 15,501 Capital expenditures 2,790 141 2,931 12,061 — — 4,478 19,470 For the Year Ended December 31, 2022 Total revenue $ 1,194,890 $ 394,676 $ 1,589,566 $ 521,729 $ 916 $ 9,798 $ — $ 2,122,009 Gross profit 431,081 100,085 531,166 331,956 916 9,798 — 873,836 Income/(loss) from operations 264,958 29,775 294,733 67,649 766 7,854 (89,358) 281,644 Depreciation and amortization 2,433 9,439 11,872 3,740 — — 4,964 20,576 Capital expenditures 802 277 1,079 6,380 4 — 8,888 16,351 For the Year Ended December 31, 2021 Total revenue $ 1,022,322 $ 343,675 $ 1,365,997 $ 487,906 $ 2,346 $ 9,893 $ — $ 1,866,142 Gross profit 345,167 94,675 439,842 315,416 2,346 9,893 — 767,497 Income/(loss) from operations 217,163 26,628 243,791 74,542 1,971 8,108 (84,815) 243,597 Depreciation and amortization 2,946 2,769 5,715 3,976 — — 5,517 15,208 Capital expenditures 1,051 807 1,858 1,156 9 — 3,585 6,608 (1) Corporate does not constitute a reportable segment and includes costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security, and other shared services. Revenues by geographic area are as follows: Year Ended December 31, (in thousands) 2023 2022 2021 Domestic (1) $ 1,601,098 $ 1,772,711 $ 1,641,090 International 380,484 349,298 225,052 Total $ 1,981,582 $ 2,122,009 $ 1,866,142 (1) Includes revenues of $272,794, $305,437, and $329,934, respectively, for the years ended 2023, 2022, and 2021, respectively, related to sales to U.S. customers where the title is transferred outside the U.S. and the sale is recorded by the Company's international entities.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
Valuation and Qualifying Accounts	Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	Note T – Valuation and Qualifying Accounts (in thousands) Balance at Beginning of Year Additions Deductions Balance at Year ended December 31, 2023 Markdown, chargeback, co-op advertising allowances, and return reserves $ 25,687 $ 62,534 $ (56,922) $ 31,299 Allowance for doubtful accounts 7,721 3,557 (6,450) 4,828 Deferred tax asset valuation allowance 3,948 432 (665) 3,715 Total $ 37,356 $ 66,523 $ (64,037) $ 39,842 Year ended December 31, 2022 Markdown, chargeback, co-op advertising allowances, and return reserves $ 28,955 $ 69,543 $ (72,811) $ 25,687 Allowance for doubtful accounts 12,273 4,946 (9,498) 7,721 Deferred tax asset valuation allowance 3,753 250 (55) 3,948 Total $ 44,981 $ 74,739 $ (82,364) $ 37,356 Year ended December 31, 2021 Markdown, chargeback, co-op advertising allowances, and return reserves $ 18,832 $ 58,813 $ (48,690) $ 28,955 Allowance for doubtful accounts 8,943 7,172 (3,842) 12,273 Deferred tax asset valuation allowance 4,968 229 (1,444) 3,753 Total $ 32,743 $ 66,214 $ (53,976) $ 44,981

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2023
Basis of Reporting [Abstract]
Derivatives, Reporting of Derivative Activity	Derivative Instruments: The Company uses derivative instruments to manage its exposure to cash-flow variability from foreign currency risk. Derivatives are carried on the balance sheet at fair value and included in prepaid expenses and other current assets or accrued expenses. The Company applies cash flow hedge accounting for its derivative instruments. Net derivative gains and losses attributable to derivatives subject to cash flow hedge accounting reside in accumulated other comprehensive loss and will be reclassified to earnings in future periods as the economic transactions to which the derivatives relate affect earnings. See Note L – Derivative Instruments for additional details.
Nature of Operations	Note A – Nature of Operations Steven Madden, Ltd. and its subsidiaries design, source, and market fashion-forward branded and private label footwear, accessories, and apparel. We distribute our products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs throughout the United States, Canada, Mexico, and Europe, and other international markets through our joint ventures in Israel, South Africa, China, Taiwan, Malaysia, and the Middle East along with special distribution arrangements in certain European countries, North Africa, South and Central America, Australia, and various countries in Asia. In addition, our products are distributed through our direct-to-consumer channel within the United States, Canada, Mexico, and Europe, and our joint ventures in Israel, South Africa, China, Taiwan, and the Middle East.
Principles of Consolidation	Principles of Consolidation: The consolidated financial statements include the accounts of Steven Madden, Ltd. and its wholly-owned subsidiaries., the accounts of BA Brand Holdings LLC, a joint venture in the United States in which the Company is the majority interest holder, SM Dolce Limited, a joint venture in Hong Kong in which the Company is the majority interest holder, SM Distribution Israel L.P., a joint venture in which the Company is the majority interest holder, Steve Madden South Africa Proprietary Limited, a joint venture in which the Company is the majority interest holder, AG SM Holdings Limited, a joint venture in the Middle East in which the Company is the majority interest holder, SM Distribution Singapore PTE LTD, a joint venture in which the Company is the majority interest holder, and SM Distribution China Co., Ltd., a joint venture in which the Company is the majority interest holder, are included in the consolidated financial statements with the other members' interests reflected in “Net income attributable to noncontrolling interest” in the Consolidated Statements of Income and “Noncontrolling interest” in the Consolidated Balance Sheets. All intercompany balances and transactions have been eliminated.
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant areas involving management estimates include variable consideration included in revenue, allowances for bad debts, inventory valuation, and valuation of goodwill and intangible assets. The Company estimates variable consideration for future customer chargebacks and markdown allowances, discounts, returns, and other miscellaneous compliance-related deductions that relate to current-period sales. The Company evaluates anticipated chargebacks by reviewing several performance indicators of its major customers. These performance indicators, which include retailers’ inventory levels, sell-through rates, and gross margin levels, are analyzed by management to estimate the amount of the anticipated customer allowances.
Cash and Cash Equivalents	Cash and Cash Equivalents: Cash and cash equivalents consist of cash balances and highly liquid investments with a maturity of three months or less at the date of purchase.
Inventories	Inventories: Inventories consist of finished goods on hand and in transit and are stated at the lower of cost (first-in, first-out method) or net realizable value.
Property and Equipment, Net	Property and Equipment, Net: three
Goodwill and Intangible Assets	Goodwill and Intangible Assets: The Company's goodwill and indefinite-lived intangible assets are not amortized; rather they are tested for impairment on an annual basis at the beginning of the third quarter, or more often if events or circumstances change that could cause these assets to become impaired. In accordance with applicable accounting guidance, indefinite-lived intangible assets and goodwill may be assessed for impairment by performing a qualitative assessment that evaluates relevant events or circumstances in order to determine whether it is more likely than not that the fair value of an intangible asset or reporting unit is less than its carrying amount. The factors that are considered include, but are not limited to, historical financial performance, expected future performance, macroeconomic and industry conditions, and legal and regulatory environments. If it is more likely than not that the fair value of the intangible asset or reporting unit is less than its carrying amount, a quantitative impairment test is performed. However, in order to reassess the fair values of our intangible assets or reporting units, we periodically perform a quantitative impairment analysis in lieu of using the qualitative approach. The quantitative impairment test identifies the existence of potential impairment by comparing the fair value of the intangible asset or reporting unit to its carrying amount, and if the fair value of the intangible asset or reporting unit is less than its carrying amount, an impairment is recognized equal to the amount by which the carrying value of the intangible asset or reporting unit exceeds its fair value, not to exceed the carrying amount. See Note G – Goodwill and Intangible Assets for further information. The Company amortizes its intangible assets with finite useful lives over their estimated useful lives and reviews these assets for impairment when there are indicators of impairment are present. The Company is currently amortizing its acquired intangible assets with finite useful lives over periods typically from 10 to 20 years using the straight-line method.
Comprehensive Loss	Comprehensive Loss:
Revenue Recognition	Revenue Recognition: The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which generally occurs upon the transfer of control in accordance with the contractual terms and conditions of the sale. Most of the Company’s revenue is recognized at a point in time when product is shipped to the customer. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods, which includes estimates for variable consideration. Variable consideration mainly includes markdown allowances, co-op advertising programs, and product returns. The revenue recognition for the Company's segments is described below (see Note S – Operating Segment Information for disaggregated revenue amounts by segment). Wholesale Footwear and Accessories/Apparel Segments. The Company generates revenue through the design, sourcing, and sale of branded footwear, accessories, and apparel to both domestic and international customers who, in turn, sell the products to the end consumer. The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which occurs upon the transfer of control of the merchandise in accordance with the contractual terms and conditions of the sale. The Company also generates revenue through the design, sourcing, and sale of private label footwear and accessories to both domestic and international customers who brand the products and sell them to the consumer. Direct-to-Consumer Segment. The Company owns and operates 255 brick-and-mortar stores throughout the United States, Canada, Mexico, Europe, Israel, Middle East, South Africa, and China, 25 Company-operated concessions in international markets, and five e-commerce sites. The Company generates revenue through the sale of branded footwear, apparel, and accessories directly to the consumer. The Company's revenue associated with brick-and-mortar store sales is recognized at the time of the point of sale when the customer takes control of the goods and payment is received. The Company's e-commerce business recognizes sales upon receipt of goods by the customer. First Cost Segment. The Company earns commissions for serving as a buying agent for footwear products under private labels and certain owned brands for select national chains, and value-priced retailers. As a buying agent, the Company utilizes its expertise and relationships with shoe manufacturers to facilitate the production of private label shoes to customer specifications. The Company’s commission revenue also includes fees charged for its design and product development services provided to certain suppliers. The Company satisfies its performance obligation to its customers by performing the services required in the buying agency agreements and thereby earns its commission fee at the point in time when the customer’s freight forwarder takes control of the goods. As of January 2023, the Company no longer serves as a buying agent for any of its customers, and as a result no longer reports under the First Cost segment. Licensing Segment. The Company licenses various owned trademarks under licensing agreements for use in connection with the manufacture, marketing, and sale of select apparel, accessory, and home categories, as well as various other non-core products. The license agreements require the licensee to pay the Company a royalty and, in substantially all of the agreements, an advertising fee, both of which are based on the higher of a minimum or actual net revenues percentage as defined in the various agreements. For license agreements where the sales-based percentage fee exceeds the contractual minimum fee, the Company recognizes revenues as the licensed products are sold as reported to the Company by its licensees. In substantially all of the Company’s license agreements, the minimum guaranteed royalty is earned and received on a quarterly basis. For license agreements where the sales-based percentage fee does not exceed the contractual minimum fee, the Company recognizes the contractual minimum fee as revenue ratably over the contractual period. Variable Consideration The Company supports retailers’ initiatives to maximize the sales of the Company’s products on the retail floor by providing markdown allowances and participating in various other marketing initiatives by subsidizing certain co-op advertising programs of such retailers. Such expenses are reflected in the consolidated financial statements as deductions to arrive at net revenues. Markdown Allowances. The Company provides markdown allowances to its retailer customers, which are recorded as a reduction of revenue in the period in which the branded footwear and accessories revenues are recognized. The Company estimates its markdown allowances by reviewing several performance indicators, including retailers' inventory levels, sell-through rates, and gross margin levels. Co-op Advertising Programs. Under co-op advertising programs, the Company agrees to reimburse the retailer for a portion of the costs incurred by the retailer to advertise and promote some of the Company's products. The Company estimates the costs of co-op advertising programs based on the terms of the agreements with its retailer customers. Rights of Return. The Company’s Direct-to-Consumer segment accepts returns within 30 days from the date of sale, or 30 days from the date of delivery for online orders, for unworn merchandise that the Company is able to re-sell through the channel. The Company does not accept returns as a normal business practice from its branded and private label wholesale customers except for its Blondo ® and Dolce Vita ® product lines. The Company estimates such returns based on historical experience and current market conditions, which have historically not been material. In addition, the Company's wholesale business may, from time to time, accept returns for damaged products from its wholesale customers on which the Company’s costs are normally charged back to the responsible third-party factory. Taxes Collected from Customers: The Company accounts for certain taxes collected from its customers in accordance with the accounting guidance that permits companies to adopt a policy of presenting taxes in the income statement on either a gross basis (included in revenues and costs) or a net basis (excluded from revenues). Taxes within the scope of this accounting guidance would include taxes that are imposed on a revenue transaction between a seller and a customer, such as sales taxes, use taxes, value-added taxes, and some types of excise taxes. The Company accounts for sales taxes and other related taxes on a net basis, excluding such taxes from revenue.
Cost of Sales	Cost of Sales: All costs incurred to bring finished products to the Company’s distribution center or to the customers’ freight forwarder and, in the Direct-to-Consumer segment, the costs to bring products to the Company’s stores (exclusive of depreciation and amortization) are included in cost of sales on the Consolidated Statements of Income. These include the cost of finished products, purchase commissions, letter of credit fees, brokerage fees, sample expenses, custom duties, inbound freight, royalty payments on licensed products, labels, and product packaging. All warehouse and distribution costs related to the Wholesale segments and freight to customers, if any, are included in the operating expenses line item of the Company’s Consolidated Statements of Income. The Company’s gross margins may not be comparable to those of other companies in the industry because they may include warehouse and distribution costs, as well as other costs excluded from cost of sales by the Company, as a component of cost of sales, while other companies report those costs on the same basis as the Company.
Employee Benefit Plan	Employee Benefit Plan: The Company maintains a tax-qualified 401(k) plan, which is available to each of the Company's eligible employees who elect to participate after meeting certain length-of-service requirements. The Company made discretionary matching contributions of 50% of employees' contributions up to a maximum of 6% of employees' compensation, which vest to the employees over a period of time. Total matching contributions to the plan for 2023, 2022, and 2021 were approximately $2,301, $2,125, and $1,989, respectively.
Income Tax	Income Taxes: The provision for income taxes is computed using the asset and liability method, under which deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities, and for operating losses, and tax credit carryforwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates that apply to taxable income in effect for the years in which those tax assets are expected to be realized or settled. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such positions are then measured based on the largest benefit that has a greater than 50% likelihood of being realized upon settlement. See Note N – Income Taxes for additional details.
Equity-based Compensation	Equity-based Compensation: The Company recognizes expense related to equity-based payment transactions in which it receives employee services in exchange for equity instruments of the Company. Equity-based compensation cost for restricted stock awards is measured based on the closing fair market value of the Company’s common stock on the date of grant. Equity-based compensation cost for stock options is measured at the grant date, based on the fair-value as calculated by the Black-Scholes-Merton (“BSM”) option-pricing model. The BSM option-pricing model incorporates various assumptions, including expected volatility, estimated expected life, and interest rates. The Company grants performance-based share awards to certain individuals, the vesting of which is subject to the Company's or individual's achievement of certain performance goals. On a quarterly basis, the Company assesses actual performance versus the predetermined performance goals, and adjusts the equity-based compensation expense to reflect the relative performance achievement. Actual distributed shares are calculated upon conclusion of the service and performance periods. The Company recognizes share-based compensation net of estimated forfeitures. The Company estimates the forfeiture rate based on historical forfeitures. Equity-based compensation cost for performance based awards is measured based on the closing fair market value of the Company’s common stock on the date of grant. The Company recognizes equity-based compensation cost over the award’s requisite service period and is presented in operating expenses in the Consolidated Statements of Income. See Note H – Equity-Based Compensation for additional details.
Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncements Not Yet Adopted In August 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-05, "Business Combinations—Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement," which is intended to provide guidance for the formation of a joint venture, including the initial measurement of assets and liabilities, the formation date, and basis of accounting. This new standard will be effective for annual reporting periods beginning on or after January 1, 2025, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-05; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. In November 2023, the FASB issued ASU No. 2023-07, "Segment Reporting (Topic 280)," which is intended to enhance the disclosures on reportable segments. This new standard will be effective for annual reporting periods beginning after December 15, 2023, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-07; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements. In December 2023, the FASB issued ASU No. 2023-09, "Income Taxes (Topic 740)," which is intended to provide greater transparency in various income tax components that affect the rate reconciliation based on the applicable taxing jurisdictions, as well as the qualitative and quantitative aspects of those components. This new standard will be effective for annual reporting periods beginning on or after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact of ASU 2023-09; however, at the current time, the Company does not believe this ASU will have a material impact on its consolidated financial statements.
Lessor, Leases	Leases: The Company leases office space, sample production space, warehouses, showrooms, storage units, and retail stores under operating leases. The Company’s portfolio of leases is primarily related to real estate. Since most of its leases do not provide a readily determinable implicit rate, the Company estimates its incremental borrowing rate to discount the lease payments based on information available at lease commencement. Some of the Company’s retail store leases provide for variable lease payments based on sales volumes at the leased locations, which are not measurable at the inception of the lease and are therefore not included in the measurement of the right-of-use assets and lease liabilities. Under Topic 842, these variable lease costs are expensed as incurred. Lease right-of-use assets, along with other long-lived assets, are evaluated for impairment whenever events, or changes in circumstances indicate that the carrying amount of an asset, or asset group may not be recoverable. For stores with an indicator of impairment, the Company performs a recoverability test, comparing estimated undiscounted cash flows to the carrying value of the related long-lived assets. When the carrying value is more than the estimated undiscounted cash flows, the Company writes the assets down to their fair value. Fair values of the long-lived assets are estimated using an income approach based on management’s forecast of future cash flows derived from continued retail operations and the fair values of individual operating lease assets were determined using estimated market rental rates. Significant estimates are used in determining future cash flows of each store over its remaining lease term, including the Company's expectations of future projected cash flows. An impairment loss is recorded if the carrying amount of the long-lived asset group exceeds its fair value. The Company's leases have initial terms ranging from 1 to 12 years and may have renewal or early termination options ranging from 1 to 10 years. A majority of the retail store leases provide for contingent rental payments if gross sales exceed certain targets. In addition, many of the leases contain rent escalation clauses to compensate for increases in operating costs and real estate taxes. Rent expense is calculated by amortizing total base rental payments (net of any rental abatements, construction allowances, and other rental concessions), on a straight-line basis, over the lease term. When deemed reasonably certain, the renewal and termination options are included in the determination of the lease term and calculation of the lease ROU asset and lease liability.
Investment, Policy	Short-Term Investments: Short-term investments consist of certificates of deposit with original maturities less than or equal to one year as of the balance sheet date.
Advertising Costs	Advertising Costs:
Shipping and Handling Cost	Warehouse and Shipping Costs:

Acquisitions & Sale of Minori_2

Acquisitions & Sale of Minority Noncontrolling Interest (Tables)	12 Months Ended
	Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 20, 2023 acquisition date: (in thousands) Fair Value Accounts receivable $ 1,394 Inventories 22,718 Factor accounts receivable 51,940 Operating lease right-of-use asset 2,902 Prepaid expenses and other current assets 172 Property and equipment, net 248 Intangibles, net (1) 32,950 Accounts payable (31,857) Accrued expenses (1,699) Operating leases - current portion (474) Operating leases - long-term portion (2,703) Total fair value excluding goodwill $ 75,591 Goodwill 10,937 Net assets acquired $ 86,528 (1) Consists of a Trademark of $9,050 and customer relationships of $23,900, both of which are amortized over 20 years.

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	12 Months Ended
Fair Value Measurement (Tables)	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities	The Company’s financial assets and liabilities subject to fair value measurements, as of December 31, 2023 and 2022 were as follows: December 31, 2023 December 31, 2022 (in thousands) Fair value Level 1 Level 2 Level 3 Fair value Level 1 Level 2 Level 3 Assets: Forward contracts $ 708 $ — $ 708 $ — $ 916 $ — $ 916 $ — Total assets $ 708 $ — $ 708 $ — $ 916 $ — $ 916 $ — Liabilities: Contingent consideration (1) $ 13,300 $ — $ — $ 13,300 $ — $ — $ — $ — Forward contracts 1,904 — 1,904 — 1,241 — 1,241 — Total liabilities $ 15,204 $ — $ 1,904 $ 13,300 $ 1,241 $ — $ 1,241 $ — (1) On December 31, 2023, $3,325 was recorded in Contingent payment liability - current portion and $9,975 was recorded in Contingent payment liability - long-term portion. The Company's recurring Level 3 balance consists of contingent consideration related to acquisitions. The changes in the Company's Level 3 liabilities for the years ended December 31, December 31, 2023 and 2022 were as follows: (in thousands) Balance at Beginning of the Year Acquisitions Adjustments (1) Transfer out of Level 3 (2) Balance at End of the Year 2023: Liabilities: Contingent consideration $ — 13,300 — — $ 13,300 2022: Liabilities: Contingent consideration $ 6,960 — (5,807) (1,153) $ — (1) In 2022, amount consists of an adjustment of $(5,807) that was included as a benefit in operating expenses, related to the change in valuation of the contingent consideration in connection with the acquisition of B.B. Dakota, Inc. (2) On December 31, 2022, the transfer out of Level 3 amount of $1,153, which was recorded in the current portion of our contingent payment liabilities on the Consolidated Balance Sheets, represented the current portion of our contingent liabilities and was measured at the amount payable based on actual EBITDA performance for the related performance period, and was paid as of December 31, 2023.

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
Property and Equipment (Tables)	Dec. 31, 2023
Property and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	The major classes of assets and total accumulated depreciation and amortization were as follows: As of December 31, (in thousands) Average Useful Life 2023 2022 Land and building 27.5 (Building) $ 929 $ 890 Leasehold improvements Lesser of remaining lease or asset life 90,700 85,974 Machinery and equipment 10 years 12,641 7,617 Furniture and fixtures 3 to 5 years 14,750 12,508 Computer equipment and software 3 to 10 years 83,710 75,004 Construction in progress 1,976 8,662 204,706 190,655 Less: impairments and disposals (12,784) (14,271) Less: accumulated depreciation and amortization (144,723) (135,720) Property and equipment - net $ 47,199 $ 40,664

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
Goodwill and Intangible Assets (Tables)	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following is a summary of the carrying amount of goodwill by reporting unit as of December 31, 2023 and 2022: Wholesale (in thousands) Footwear Accessories/Apparel Direct-to-Consumer Net Carrying Amount Balance at January 1, 2022 $ 90,066 $ 62,688 $ 15,241 $ 167,995 Translation 107 — (17) 90 Balance at December 31, 2022 90,173 62,688 15,224 168,085 Acquisitions — 10,937 — 10,937 Translation 490 — 491 981 Balance at December 31, 2023 $ 90,663 $ 73,625 $ 15,715 $ 180,003
Schedule of Indentifiable Intangible Assets	As of December 31, 2023 (in thousands) Estimated Lives Cost Basis (1) Accumulated Amortization Impairment and other (2)(3) Net Carrying Amount Trademarks 20 years $ 27,745 $ (16,263) $ (2,545) $ 8,937 Customer relationships 10-20 years 62,580 (27,267) (1,382) 33,931 90,325 (43,530) (3,927) 42,868 Re-acquired right indefinite 35,200 — (8,862) 26,338 Trademarks indefinite 63,283 — (6,222) 57,061 $ 188,808 $ (43,530) $ (19,011) $ 126,267 (1) During the year ended December 31, 2023, the Company acquired Almost Famous, which consisted of a Trademark of $9,050 and customer relationships of $23,900, both of which are amortized over 20 years.. (2) During the year ended December 31, 2023, the Company recorded impairment charges of $6,520 related to the GREATS ® trademark. (3) Includes the effect of foreign currency translation related primarily to the movements of the Canadian dollar and Mexican peso in relation to the U.S. dollar.	As of December 31, 2022 (in thousands) Estimated Lives Cost Basis (1) Accumulated Amortization Impairment and other (2) Net Carrying Amount Trademarks 1–10 years $ 18,695 $ (16,075) $ (2,620) $ — Customer relationships 10-20 years 38,680 (25,059) (1,574) 12,047 57,375 (41,134) (4,194) 12,047 Re-acquired right indefinite 35,200 — (9,432) 25,768 Trademarks indefinite 63,283 — 94 63,377 $ 155,858 $ (41,134) $ (13,532) $ 101,192 (1) During the year ended December 31, 2021, the Company purchased the trademark for Dolce Vita ® Handbags for $2,000 and the cash consideration was paid in 2022. (2) Includes the effect of foreign currency translation related primarily to the movements of the Canadian dollar and Mexican peso in relation to the U.S. dollar.
Schedule of Intangible Assets, Future Amortization Expense	The estimated future amortization expense for intangibles as of December 31, 2023 was as follows: (in thousands) 2024 $ 3,422 2025 3,422 2026 3,422 2027 3,174 2028 3,139 Thereafter 26,289 Total $ 42,868

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
Stock-Based Compensation (Tables)	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Schedule Of Share Based Compensation Shares Authorized Under Stock Plans Issued And Avaliability	(in thousands) Common stock authorized 11,000 Stock-based awards, including restricted stock and stock options granted, net of expired or cancelled awards (6,379) Common stock available for grant of stock-based awards as of December 31, 2023 4,621 In addition, vested and unvested options to purchase 76 shares of common stock and 255 shares of unvested restricted stock awarded under the 2006 Plan were outstanding as of December 31, 2023.
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	The following weighted average assumptions were used for stock options granted during 2023, 2022, and 2021: Years Ended December 31, 2023 2022 2021 Volatility 37.3% to 48.1% 42.5% to 51.1% 40.3% to 49.6% Risk free interest rate 3.7% to 4.7% 1.2% to 3.0% 0.1% to 1.0% Expected life in years 3.0 to 5.0 3.0 to 5.0 2.0 to 4.0 Dividend yield 2.5% 2.1% 1.4% Weighted average fair value $10.12 $13.42 $13.30
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs	For the years ended December 31, 2023, 2022, and 2021, total equity-based compensation was as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Restricted stock $ 21,551 $ 21,005 $ 18,144 Stock options 2,597 3,391 4,134 Total $ 24,148 $ 24,396 $ 22,278
Schedule of cash proceeds and intrinsic values for stock options exercised table text block	Stock Options Activity relating to stock options granted under the Company’s plans during the year ended December 31, 2023 was as follows: (in thousands except for per share price) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding at January 1, 2022 2,531 $ 29.06 Granted 276 $ 36.95 Exercised (24) $ 25.61 Forfeited (17) $ 39.28 Outstanding at December 31, 2022 2,766 $ 29.82 2.0 years $ 11,778 Vested and Exercisable at December 31, 2022 2,543 $ 29.11 1.8 years $ 11,741 Outstanding at January 1, 2023 2,766 $ 29.82 Granted 237 30.74 Exercised (1,654) 25.14 Expired (229) 36.01 Forfeited (2) 46.28 Outstanding at December 31, 2023 1,118 $ 35.62 3.2 years $ 7,684 Vested and Exercisable at December 31, 2023 935 $ 35.91 3.0 years $ 6,167 At December 31, 2023, $1,336 of total unrecognized compensation cost related to non-vested stock option awards is expected to be recognized over a weighted-average period of 1.4 years. Additional information pertaining to the Company's stock option plan was as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Cash received from the exercise of stock options $ 1,205 $ 602 $ 9,732 Intrinsic value of stock options exercised $ 16,335 $ 314 $ 8,622 Tax benefits realized on exercise of stock options $ 1,285 $ 41 $ 1,512

Net Income_(Loss) Per Share o_2

Net Income/(Loss) Per Share of Common Stock (Tables)	12 Months Ended
Net Income/(Loss) Per Share of Common Stock (Tables)	Dec. 31, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	(in thousands) Years Ended December 31, 2023 2022 2021 Net income attributable to Steven Madden, Ltd. 171,554 216,061 190,678 Basic net income per share $ 2.34 $ 2.84 $ 2.43 Diluted net income per share $ 2.30 $ 2.77 $ 2.34 Weighted average common shares outstanding: Basic 73,337 76,021 78,442 Effect of dilutive securities: Stock awards and options to purchase shares of common stock 1,228 2,048 3,186 Diluted 74,565 78,069 81,628

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
Operating Leases (Tables)	Dec. 31, 2023
Operating Leases [Abstract]
Operating Lease, Supplemental Balance Sheet	The following table presents the lease-related assets and liabilities recorded on the Consolidated Balance Sheets as of December 31, 2023 and 2022: As of December 31, (in thousands) Classification on the Balance Sheet 2023 2022 Assets Noncurrent Operating lease right-of-use asset $ 122,783 $ 90,264 Liabilities Current Operating leases - current portion $ 40,342 $ 29,499 Noncurrent Operating leases - long-term portion 98,536 79,128 Total operating lease liabilities $ 138,878 $ 108,627 Weighted-average remaining lease term 4.5 years 4.6 years Weighted-average discount rate 5.1 % 4.4 %
Lease, Cost [Table Text Block]	The following table presents the composition of lease costs during the years ended December 31, 2023, 2022, and 2021: Years Ended December 31, (in thousands) 2023 2022 2021 Operating lease cost $ 41,539 $ 33,724 $ 36,863 Variable lease cost (1) 4,532 7,753 18,206 Less: sublease income 264 243 321 Total lease cost $ 45,807 $ 41,234 $ 54,748
Schedule of Leases Supplemental Cash Flows [Table Text Block]	The following table presents supplemental cash and non-cash information related to the Company's operating leases during the years ended December 31, 2023 and 2022: Years Ended December 31, (in thousands) 2023 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows used for operating leases $ 44,577 $ 39,136 Noncash transactions: Right-of-use asset obtained in exchange for new operating lease liabilities $ 70,465 $ 36,450 Right-of-use asset amortization expense (1) $ 37,851 $ 31,693 (1)
Lessee, Operating Lease, Liability, Maturity	Future Minimum Lease Payments The following table presents future minimum lease payments for each of the first five years and the total for the remaining years: (in thousands) As of 2024 $ 43,730 2025 37,935 2026 28,696 2027 18,558 2028 11,848 Thereafter 16,497 Total minimum lease payments 157,264 Less: interest 18,386 Total lease liabilities $ 138,878

Income Taxes Income Taxes (Tabl

Income Taxes Income Taxes (Tables)	12 Months Ended
Income Taxes Income Taxes (Tables)	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	The components of income before income taxes were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Domestic $ 131,343 $ 188,265 $ 171,297 Foreign 89,271 94,055 70,771 $ 220,614 $ 282,320 $ 242,068
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The components of provision for income taxes were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Current: Federal $ 18,491 $ 36,983 $ 32,983 State and local 3,594 6,057 3,711 Foreign 18,449 18,462 11,635 40,534 61,502 48,329 Deferred: Federal 5,229 2,705 (1,402) State and local 682 466 1,888 Foreign 194 430 794 6,105 3,601 1,280 $ 46,639 $ 65,103 $ 49,609
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	A reconciliation between income taxes computed at the federal statutory rate and the effective tax rate is as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Income taxes at federal statutory rate 21.0 % 21.0 % 21.0 % Effects of foreign operations 0.4 (0.2) (0.8) Stock-based compensation (1.8) (0.5) (2.4) State and local income taxes - net of federal income tax benefit 1.9 2.0 2.1 Nondeductible items 0.3 0.5 1.2 Valuation allowance (0.1) 0.1 (0.5) Other (0.6) 0.2 (0.1) Effective tax rate 21.1 % 23.1 % 20.5 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	The components of deferred tax assets and liabilities were as follows: As of December 31, (in thousands) 2023 2022 Deferred tax assets Receivable allowances $ 7,087 $ 7,049 Inventory 7,780 8,367 Accrued expenses 343 315 Deferred compensation 3,468 6,461 Net operating loss carryforwards 5,393 5,685 Lease liability 33,232 26,038 Other 2,332 1,042 Gross deferred tax assets before valuation allowance 59,635 54,957 Less: valuation allowance 3,715 3,948 Gross deferred tax assets after valuation allowance 55,920 51,009 Deferred tax liabilities Depreciation and amortization (22,648) (16,704) Unremitted earnings of foreign subsidiaries (2,917) (2,599) Right-of-use asset (29,290) (21,621) Amortization of goodwill (7,613) (7,599) Indefinite-lived intangibles (1,449) (4,654) Gross deferred tax liabilities (63,917) (53,177) Net deferred tax liabilities $ (7,997) $ (2,168)
Summary of Unrecognized Tax Benefits [Table Text Block]	A reconciliation of the beginning and ending amount of unrecognized tax benefits were as follows: Years Ended December 31, (in thousands) 2023 2022 2021 Beginning Balance $ 1,145 $ 1,145 $ 2,295 Additions for tax positions of prior years — — — Reductions for tax positions of prior years (907) — (1,150) Ending Balance $ 238 $ 1,145 $ 1,145

Operating Segment Information (

Operating Segment Information (Tables)	12 Months Ended
Operating Segment Information (Tables)	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	(in thousands) Wholesale Footwear Wholesale Accessories/Apparel Total Wholesale Direct-to- Consumer First Cost Licensing Corporate (1) Consolidated For the Year Ended December 31, 2023 Total revenue $ 1,048,448 $ 416,532 $ 1,464,980 $ 506,494 $ — $ 10,108 $ — $ 1,981,582 Gross profit 370,631 135,168 505,799 316,507 — 10,108 — 832,414 Income/(loss) from operations 204,950 61,428 266,378 30,160 — 8,427 (91,743) 213,222 Depreciation and amortization 2,452 2,569 5,021 4,590 — — 5,890 15,501 Capital expenditures 2,790 141 2,931 12,061 — — 4,478 19,470 For the Year Ended December 31, 2022 Total revenue $ 1,194,890 $ 394,676 $ 1,589,566 $ 521,729 $ 916 $ 9,798 $ — $ 2,122,009 Gross profit 431,081 100,085 531,166 331,956 916 9,798 — 873,836 Income/(loss) from operations 264,958 29,775 294,733 67,649 766 7,854 (89,358) 281,644 Depreciation and amortization 2,433 9,439 11,872 3,740 — — 4,964 20,576 Capital expenditures 802 277 1,079 6,380 4 — 8,888 16,351 For the Year Ended December 31, 2021 Total revenue $ 1,022,322 $ 343,675 $ 1,365,997 $ 487,906 $ 2,346 $ 9,893 $ — $ 1,866,142 Gross profit 345,167 94,675 439,842 315,416 2,346 9,893 — 767,497 Income/(loss) from operations 217,163 26,628 243,791 74,542 1,971 8,108 (84,815) 243,597 Depreciation and amortization 2,946 2,769 5,715 3,976 — — 5,517 15,208 Capital expenditures 1,051 807 1,858 1,156 9 — 3,585 6,608 (1) Corporate does not constitute a reportable segment and includes costs not directly attributable to the segments. These costs are primarily related to expenses associated with corporate executives, corporate finance, corporate social responsibility, legal, human resources, information technology, cyber security, and other shared services.
Revenue from External Customers by Geographic Areas	Revenues by geographic area are as follows: Year Ended December 31, (in thousands) 2023 2022 2021 Domestic (1) $ 1,601,098 $ 1,772,711 $ 1,641,090 International 380,484 349,298 225,052 Total $ 1,981,582 $ 2,122,009 $ 1,866,142 (1) Includes revenues of $272,794, $305,437, and $329,934, respectively, for the years ended 2023, 2022, and 2021, respectively, related to sales to U.S. customers where the title is transferred outside the U.S. and the sale is recorded by the Company's international entities.

Nature of Operations (Details)

Nature of Operations (Details)	12 Months Ended
Nature of Operations (Details)	Dec. 31, 2023 Website store
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of Stores \| store	255
Number of E-Commerce Websites \| Website	5

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) store	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Property, Plant and Equipment [Line Items]
Advertising Expense	$ 89,435	$ 85,921	$ 65,080
Defined Benefit Plan Maximum Percentage To Be Matched Of Employees Compensation	6%
Defined Contribution Plan, Cost	$ 2,301	2,125	1,989
Number of Stores \| store	255
Defined Benefit Plan Matching Contribution Percentage Of Employees Contributions	50%
Production and Distribution Costs	$ 97,100	111,326	86,367
Forward Contracts
Property, Plant and Equipment [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(807)	(676)	(961)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ 807	$ 676	$ 961
Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Lessor, Operating Lease, Term of Contract	1 year
Lessor, Operating Lease, Renewal Term	1 year
Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	27 years 6 months
Lessor, Operating Lease, Term of Contract	12 years
Lessor, Operating Lease, Renewal Term	10 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Summary of Significant Accounting Policies (Table) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Summary of Significant Accounting Policies [Abstract]
Translation Adjustment Functional to Reporting Currency, Net of Tax	$ (28,201)	$ (35,493)	$ (29,877)
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(845)	(216)	333
Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, before Tax	$ (29,046)	$ (35,709)	$ (29,544)

Acquisitions & Sale of Minori_3

Acquisitions & Sale of Minority Noncontrolling Interest - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Oct. 20, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Goodwill	$ 180,003		$ 168,085
Almost Famous
Business Acquisition [Line Items]
Accounts receivable		$ 1,394
Inventories		22,718
Factor accounts receivable		51,940
Operating lease right-of-use asset		2,902
Prepaid expenses and other current assets		172
Property and equipment, net		248
Intangibles, net		32,950
Accounts payable		(31,857)
Accrued expenses		(1,699)
Operating leases - current portion		(474)
Operating leases - long-term portion		(2,703)
Total fair value excluding goodwill		75,591
Goodwill		10,937
Net assets acquired		86,528
Almost Famous \| Trademarks
Business Acquisition [Line Items]
Intangibles, net		9,050
Almost Famous \| Customer Relationships
Business Acquisition [Line Items]
Intangibles, net		$ 23,900

Acquisitions & Sale of Minori_4

Acquisitions & Sale of Minority Noncontrolling Interest - Narrative (Details) - USD ($)					12 Months Ended
	Oct. 20, 2023	Dec. 22, 2022	Jun. 28, 2021	Apr. 14, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Acquisition of Almost Famous					$ 75,271,000	$ 0	$ 0
Contingent payment liability - current portion					3,325,000	1,153,000
Contingent payment liability - long-term portion					$ 9,975,000	0
Measurement period of identifiable assets acquired and liabilities assumed					12 months
Proceeds from sales of business					$ 1,017,000	$ 1,017,000
Customer Relationships \| Measurement Input, Discount Rate \| Minimum
Business Acquisition [Line Items]
Level 3 unobservable inputs for estimating fair value					21%
Customer Relationships \| Measurement Input, Discount Rate \| Maximum
Business Acquisition [Line Items]
Level 3 unobservable inputs for estimating fair value					23.50%
Customer Relationships \| Measurement Input, EBITDA Multiple
Business Acquisition [Line Items]
Level 3 unobservable inputs for estimating fair value					8.80%
Customer Relationships \| Measurement Input, Customer Attrition Rate
Business Acquisition [Line Items]
Level 3 unobservable inputs for estimating fair value					5%
Almost Famous
Business Acquisition [Line Items]
Acquisition of Almost Famous	$ 73,228,000
Contingent payment liability - current portion	3,325,000
Contingent payment liability - long-term portion	9,975,000
Business combination, consideration transferred	$ 86,528,000
Goodwill, amortization period	15 years
Business acquisition, transaction costs					$ 1,505,000
Almost Famous \| Trademarks
Business Acquisition [Line Items]
Payments to acquire intangible assets					9,050
Almost Famous \| Trademarks \| Measurement Input, Royalty Rate
Business Acquisition [Line Items]
Level 3 unobservable inputs for estimating fair value	3%
Almost Famous \| Trademarks \| Measurement Input, Discount Rate
Business Acquisition [Line Items]
Level 3 unobservable inputs for estimating fair value	21.80%
Almost Famous \| Customer Relationships
Business Acquisition [Line Items]
Payments to acquire intangible assets					$ 23,900
AG SM Holding Ltd
Business Acquisition [Line Items]
Percentage of voting interests acquired					50.10%
Payments to acquire interest in joint venture		$ 7,014,000
Dolce Vita Handbags \| Trademarks
Business Acquisition [Line Items]
Payments to acquire intangible assets							$ 2,000,000
South African Joint Venture
Business Acquisition [Line Items]
Percentage of voting interests acquired			49.90%
Payments to acquire interest in joint venture			$ 2,260,000
European Joint Venture
Business Acquisition [Line Items]
Percentage of voting interests acquired				49.90%
Payments to acquire interest in joint venture				$ 16,682,000

Fair Value Measurement (Table)

Fair Value Measurement (Table) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Assets:
Forward contracts	$ 708	$ 916
Liabilities:
Contingent consideration	0	1,153
Forward contracts	1,904
Change in valuation of contingent liability	0	(5,807)	$ 11,862
Business Acquisition, Contingent Consideration, Acquisition	13,300
Business Acquisition, Contingent Consideration, Change in Estimate	0
Fair Value [Member]
Assets:
Total assets	708	916
Liabilities:
Contingent consideration	13,300	0	$ 6,960
Forward contracts	1,904	1,241
Total liabilities	15,204	1,241
Estimate of Fair Value Measurement [Member] \| Level 1
Assets:
Total assets	0	0
Liabilities:
Contingent consideration	0	0
Total liabilities	0	0
Estimate of Fair Value Measurement [Member] \| Level 2
Assets:
Total assets	708	916
Liabilities:
Contingent consideration	0	0
Forward contracts	1,904	1,241
Total liabilities	1,904	1,241
Estimate of Fair Value Measurement [Member] \| Level 3
Assets:
Total assets	0	0
Liabilities:
Contingent consideration	13,300	0
Total liabilities	13,300	0
Forward Contracts \| Level 1
Liabilities:
Forward contracts	0	0
Forward Contracts \| Level 3
Liabilities:
Forward contracts	$ 0	$ 0

Fair Value Measurement (Details

Fair Value Measurement (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Contingent consideration	$ 0	$ 1,153

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Capitalized Computer Software, Amortization	$ 3,762	$ 3,505	$ 3,135
Depreciation	$ 13,419	$ 11,576	12,533
Direct-to-Consumer
Property, Plant and Equipment [Line Items]
Impairment charges			$ 409
Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	27 years 6 months
Computer equipment and software \| Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Computer equipment and software \| Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years

Property and Equipment Table (D

Property and Equipment Table (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Land and building	$ 929	$ 890
Leasehold Improvements, Gross	90,700	85,974
Machinery and Equipment, Gross	12,641	7,617
Furniture and Fixtures, Gross	14,750	12,508
Computer equipment	83,710	75,004
Construction in Progress, Gross	1,976	8,662
Property, Plant and Equipment, Gross	204,706	190,655
Impairment charges	(12,784)	(14,271)
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	(144,723)	(135,720)
Property and equipment, net	47,199	40,664
Depreciation	$ 13,419	$ 11,576	$ 12,533
Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	27 years 6 months
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Furniture and fixtures \| Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and fixtures \| Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Computer equipment and software \| Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Computer equipment and software \| Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Building
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	27 years 6 months

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Detail) - (Table 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Goodwill	$ 180,003	$ 168,085
Wholesale Footwear
Goodwill [Roll Forward]
Goodwill	90,663	90,173	$ 90,066
Acquisitions	0
Translation	490	107
Wholesale Accessories/Apparel
Goodwill [Roll Forward]
Goodwill	73,625	62,688	62,688
Acquisitions	10,937
Translation	0	0
Net Carrying Amount
Goodwill [Roll Forward]
Goodwill	180,003	168,085	167,995
Acquisitions	10,937
Translation	981	90
Direct-to-Consumer
Goodwill [Roll Forward]
Goodwill	15,715	15,224	$ 15,241
Acquisitions	0
Translation	$ 491	$ (17)

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Detail) - (Table 2) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Oct. 20, 2023
Amortization	$ 2,082,000	$ 9,001,000	$ 2,675,000
Finite-Lived Trade Names, Gross	27,745,000	18,695,000
Finite-Lived Intangible Assets, Accumulated Amortization	(43,530,000)	(41,134,000)
Finite-Lived Intangible Assets, Net	42,868,000	12,047,000
Finite-Lived Intangible Assets, Gross	90,325,000	57,375,000
Finite-Lived Customer Lists, Gross	62,580,000	38,680,000
Cost Basis	188,808,000	155,858,000
Indefinite-Lived Contractual Rights	26,338,000	25,768,000
Indefinite-Lived Trademarks	57,061,000	63,377,000
Intangibles – net	126,267,000	101,192,000
Intangible Impairment and Other	(19,011,000)	(13,532,000)
Impairment of intangibles	6,520,000	0	$ 2,620,000
Re-acquired right
Indefinite-lived Intangible Assets (Excluding Goodwill)	35,200,000	35,200,000
Trademarks
Indefinite-lived Intangible Assets (Excluding Goodwill)	63,283,000	63,283,000
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	(6,222,000)
Impairment of intangibles		94,000
Trade names [Member]
Finite-Lived Intangible Assets, Accumulated Amortization	(16,263,000)	(16,075,000)
Finite-Lived Intangible Assets, Net	8,937,000	0
Intangible Impairment and Other	(2,545,000)	(2,620,000)
Customer relationships
Finite-Lived Intangible Assets, Accumulated Amortization	(27,267,000)	(25,059,000)
Finite-Lived Intangible Assets, Net	33,931,000	12,047,000
Intangible Impairment and Other	(1,382,000)
Re-acquired right
Intangible Impairment and Other	(8,862,000)	(9,432,000)
Customer Relationships
Intangible Impairment and Other		(1,574,000)
Customer Relationships \| Almost Famous
Payments to acquire intangible assets	23,900
Finite-Lived Intangible Assets
Intangible Impairment and Other	(3,927,000)	$ (4,194,000)
Trademarks \| Almost Famous
Payments to acquire intangible assets	9,050
Trademarks \| Greats Brand Inc.
Payments to acquire intangible assets	$ 6,520
Minimum \| Trade names [Member]
Finite-Lived Intangible Asset, Useful Life		1 year
Minimum \| Customer Relationships
Finite-Lived Intangible Asset, Useful Life		10 years
Maximum \| Trade names [Member]
Finite-Lived Intangible Asset, Useful Life		10 years
Maximum \| Customer relationships
Finite-Lived Intangible Asset, Useful Life		10 years		20 years
Maximum \| Customer Relationships
Finite-Lived Intangible Asset, Useful Life		20 years

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Detail) - (Table 3) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Oct. 20, 2023
Goodwill [Line Items]
Finite-Lived Trade Names, Gross	$ 27,745	$ 18,695
Finite-Lived Intangible Assets, Accumulated Amortization	(43,530)	(41,134)
Finite-Lived Intangible Assets, Gross	90,325	57,375
Finite-Lived Customer Lists, Gross	62,580	38,680
2024	3,422
2025	3,422
2026	3,422
2027	3,174
2028	3,139
Thereafter	26,289
Total	42,868	12,047
Indefinite-Lived Contractual Rights	26,338	25,768
Impairment of intangibles	6,520	0	$ 2,620
Indefinite-Lived Trademarks	57,061	63,377
Intangible Assets, Gross (Excluding Goodwill)	188,808	155,858
Intangible Assets, Net (Excluding Goodwill)	126,267	101,192
Intangible Impairment and Other	(19,011)	(13,532)
Accumulated amortization	$ (43,530)	$ (41,134)
Exercisable at June 30, 2012 (in Dollars per share)	$ 35.91	$ 29.11
Gain (Loss) on Disposition of Intangible Assets	$ 0	$ 0	$ 8,000
Trade Names [Member]
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	(16,263)	(16,075)
Total	8,937	0
Intangible Impairment and Other	(2,545)	$ (2,620)
Trade Names [Member] \| Minimum
Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life		1 year
Trade Names [Member] \| Maximum
Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life		10 years
Customer Lists [Member]
Goodwill [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	(27,267)	$ (25,059)
Total	33,931	$ 12,047
Intangible Impairment and Other	(1,382)
Customer Lists [Member] \| Maximum
Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life		10 years		20 years
Contractual Rights [Member]
Goodwill [Line Items]
Intangible Impairment and Other	(8,862)	$ (9,432)
Customer Relationships
Goodwill [Line Items]
Intangible Impairment and Other		$ (1,574)
Customer Relationships \| Minimum
Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life		10 years
Customer Relationships \| Maximum
Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life		20 years
Finite-Lived Intangible Assets
Goodwill [Line Items]
Intangible Impairment and Other	(3,927)	$ (4,194)
Contractual Rights [Member]
Goodwill [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	35,200	35,200
Accumulated amortization	0	0
Trademarks
Goodwill [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	63,283	63,283
Impairment of intangibles		94
Accumulated amortization	$ 0	$ 0

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets Goodwill and Intangible Assets (detail) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Discount rate assumption	14.80%
Impairment of intangibles	$ 6,520	$ 0	$ 2,620
Indefinite-Lived Trademarks	57,061	63,377
Gain (Loss) on Disposition of Intangible Assets	0	0	8,000
Amortization	2,082	9,001	$ 2,675
Trademarks
Goodwill [Line Items]
Impairment of intangibles		94
B. B. Dakota, Inc.
Goodwill [Line Items]
Indefinite-Lived Trademarks		9,670
Trademark Implied Fair Value		7,050
B. B. Dakota, Inc. \| Trademarks
Goodwill [Line Items]
Impairment of intangibles	2,620
Greats Brand Inc.
Goodwill [Line Items]
Indefinite-Lived Trademarks		12,670
Trademark Implied Fair Value		$ 6,150
Greats Brand Inc. \| Trademarks
Goodwill [Line Items]
Impairment of intangibles	$ 6,520

Stock-Based Compensation (Detai

Stock-Based Compensation (Detail) - (Table 1) - shares	12 Months Ended
Stock-Based Compensation (Detail) - (Table 1) - shares	Dec. 31, 2023	May 24, 2019
Share-Based Payment Arrangement [Abstract]
Common stock authorized		11,000,000
Stock-based awards, including restricted stock and stock options granted, net of expired or cancelled	(6,379,000)
Common stock available for grant of stock-based awards as of June 30, 2012	4,621,000

Stock-Based Compensation (Det_2

Stock-Based Compensation (Detail) - (Table 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Stock-based compensation	$ 24,148	$ 24,396	$ 22,278
Restricted Stock
Allocated Share-based Compensation Expense	21,551	21,005	18,144
Stock Options
Allocated Share-based Compensation Expense	$ 2,597	$ 3,391	$ 4,134

Stock-Based Compensation (Det_3

Stock-Based Compensation (Detail) - (Table 3) - $ / shares	12 Months Ended
Stock-Based Compensation (Detail) - (Table 3) - $ / shares	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Volatility	48.10%	51.10%	49.60%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	37.30%	42.50%	40.30%
Risk free interest rate	4.70%	3%	1%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	3.70%	1.20%	0.10%
Dividend yield	2.50%	2.10%	1.40%
Weighted average fair value	$ 10.12	$ 13.42	$ 13.30
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	3 years	3 years	2 years
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	5 years	5 years	4 years

Stock-Based Compensation (Det_4

Stock-Based Compensation (Detail) - (Table 4) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at January 1, 2012	2,766,000	2,531,000
Outstanding at January 1, 2012 (in Dollars per share)	$ 29.82	$ 29.06
Granted	(237,000)	(276,000)
Granted (in Dollars per share)	$ 30.74	$ 36.95
Exercised	(1,654,000)	(24,000)
Exercised (in Dollars per share)	$ 25.14	$ 25.61
Expired (in shares)	(229,000)
Expired (in Dollars per share)	$ 36.01
Cancelled/Forfeited	(2,000)	(17,000)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price	$ 46.28	$ 39.28
Outstanding at June 30, 2012	1,118,000	2,766,000	2,531,000
Outstanding at June 30, 2012 (in Dollars per share)	$ 35.62	$ 29.82	$ 29.06
Outstanding at June 30, 2012	3 years 2 months 12 days	2 years
Outstanding at June 30, 2012 (in Dollars)	$ 7,684	$ 11,778
Exercisable at June 30, 2012	935,000	2,543,000
Exercisable at June 30, 2012 (in Dollars per share)	$ 35.91	$ 29.11
Stock based compensation, shares exercisable, weighted average remaining contractual term	3 years	1 year 9 months 18 days
Exercisable at June 30, 2012 (in Dollars)	$ 6,167	$ 11,741
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	3.70%	1.20%	0.10%
Risk free interest rate	4.70%	3%	1%

Stock-Based Compensation (Det_5

Stock-Based Compensation (Detail) - (Table 6) - USD ($)	12 Months Ended
Stock-Based Compensation (Detail) - (Table 6) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Proceeds from Stock Options Exercised	$ 1,205,000	$ 602,000	$ 9,732,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	16,335,000	314,000	8,622,000
Share-based Payment Arrangement, Exercise of Option, Tax Benefit	$ 1,285,000	$ 41,000	$ 1,512,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Non-vested at January 1	2,109,000	2,849,000
Non-vested at January 1 (in Dollars per share)	$ 28.44	$ 23.81
Granted	398,000	439,000
Granted (in Dollars per share)	$ 33.38	$ 40.30
Vested	(1,192,000)	(1,144,000)
Vested (in Dollars per share)	$ 22.38	$ 21.25
Non-vested at June 30	1,278,000	2,109,000	2,849,000
Non-vested at June 30 (in Dollars per share)	$ 35.44	$ 28.44	$ 23.81
Forfeited	(37,000)	(35,000)
Forfeitures (in dollars per share)	$ 37.82	$ 34.37

Stock-Based Compensation (Det_6

Stock-Based Compensation (Detail) - USD ($)	12 Months Ended
Stock-Based Compensation (Detail) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from Stock Options Exercised	$ 1,205,000	$ 602,000	$ 9,732,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 16,335,000	$ 314,000	$ 8,622,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	237,000	276,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	1,278,000	2,109,000	2,849,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	76
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	255
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value	$ 26,168,000	$ 24,300,000	$ 23,231,000
B. B. Dakota, Inc.
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Trademark Implied Fair Value		$ 7,050,000
Finite-Lived Intangible Assets, Remaining Amortization Period	1 year
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$ 33,991,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition	3 years 1 month 6 days
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized	$ 1,336,000
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition	1 year 4 months 24 days

Preferred Stock (Details)

Preferred Stock (Details)	12 Months Ended
Preferred Stock (Details)	Dec. 31, 2023 $ / shares shares
Preferred Stock
Class of Stock [Line Items]
Preferred Stock, Shares Authorized	5,000,000
Preferred Class B
Class of Stock [Line Items]
Preferred Stock, Shares Authorized	60,000
Preferred Stock, Dividend Payment Rate, Variable	1
Preferred Stock, Voting Rights	1
Preferred Stock, Liquidation Preference Per Share \| $ / shares	$ 1,000

Share Repurchases Share Repurch

Share Repurchases Share Repurchase Program (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Nov. 02, 2021	Apr. 24, 2019
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Remaining Authorized Repurchase Amount			$ 250,000,000	$ 189,900,000
Treasury Stock Acquired, Average Cost Per Share	$ 36.75	$ 33.75
Treasury Stock, Value, Acquired, Cost Method	$ 109,118,000	$ 129,152,000
Stock Repurchase Program, Authorized Amount	$ 175,463,000
Shares Paid for Tax Withholding for Share Based Compensation	2,002,000	584,000
Payments Related to Tax Withholding for Share-based Compensation	$ 73,591,000	$ 19,725,000
Common Stock
Equity, Class of Treasury Stock [Line Items]
Stock Repurchased During Period, Shares	3,127,000	3,604,000
Treasury Stock Acquired, Average Cost Per Share	$ 34.89	$ 35.84

Net Income_(Loss) Per Share o_3

Net Income/(Loss) Per Share of Common Stock (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	1,278,000	2,109,000	2,849,000
Maximum Number Of Potential Dilutive Shares Issued Upon Vesting	$ 70	$ 66	$ 17
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	10,000	2,000	5,000
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	39,000	46,000	7,000

Net Income_(Loss) Per Share o_4

Net Income/(Loss) Per Share of Common Stock - Schedule of Net Income / (Loss) Per Share of Common Stock (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic net income per share	$ 2.34	$ 2.84	$ 2.43
Earnings Per Share, Diluted	$ 2.30	$ 2.77	$ 2.34
Basic weighted average common shares outstanding	73,337	76,021	78,442
Effect of dilutive securities – options/restricted stock	1,228	2,048	3,186
Weighted Average Number of Shares Outstanding, Diluted	74,565	78,069	81,628
Retained Earnings
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Net income	$ 171,554	$ 216,061	$ 190,678

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	$ 105,602
Forward contracts	708	$ 916
Forward contracts	$ 1,904

Operating Leases (Details)

Operating Leases (Details) - USD ($) $ in Thousands	12 Months Ended
Operating Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Leases [Abstract]
Operating lease right-of-use asset	$ 122,783	$ 90,264
Operating Lease, Cost	41,539	33,724	$ 36,863
Variable Lease, Cost	4,532	7,753	18,206
Operating Lease, Payments	44,577	39,136
Sublease Income	264	243	321
Lease, Cost	45,807	41,234	54,748
Operating Lease, Impairment Loss	1,023
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	70,465	36,450
Amortization of Leased Asset	37,851	31,693
Operating Lease, Expense	$ 53,713	$ 49,321	$ 47,179

Operating Leases Operating Leas

Operating Leases Operating Leases (Tables) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Leased Assets [Line Items]
Operating lease right-of-use asset	$ 122,783	$ 90,264
2024	43,730
2025	37,935
2026	28,696
2027	18,558
2028	11,848
Thereafter	16,497
Total minimum lease payments	157,264
Less: interest	18,386
Total lease liabilities	138,878
Operating leases - current portion	40,342	29,499
Operating leases - long-term portion	98,536	79,128
Lease Liability	$ 138,878	$ 108,627
Operating Lease, Weighted Average Remaining Lease Term	4 years 6 months	4 years 7 months 6 days
Operating Lease, Weighted Average Discount Rate, Percent	5.10%	4.40%
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 70,465	$ 36,450
Variable Lease, Cost	4,532	$ 7,753	$ 18,206
Operating Lease, Impairment Loss	1,023
Lease Agreements
Operating Leased Assets [Line Items]
Variable Lease, Cost	$ 9,505

Income Taxes Income Taxes (Ta_2

Income Taxes Income Taxes (Table 1) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income (Loss) from Continuing Operations before Income Taxes, Domestic	$ 131,343	$ 188,265	$ 171,297
Income (Loss) from Continuing Operations before Income Taxes, Foreign	89,271	94,055	70,771
Income before provision for income taxes	220,614	282,320	242,068
Unrecognized Tax Benefits	$ 238	$ 1,145	$ 1,145	$ 2,295

Income Taxes Income Taxes (Ta_3

Income Taxes Income Taxes (Table 2) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current:
Federal	$ 18,491	$ 36,983	$ 32,983
State and local	3,594	6,057	3,711
Foreign	18,449	18,462	11,635
Current Income Tax Expense (Benefit)	40,534	61,502	48,329
Deferred:
Federal	5,229	2,705	(1,402)
State and local	682	466	1,888
Foreign	194	430	794
Deferred Income Tax Expense (Benefit)	6,105	3,601	1,280
Provision for income taxes	$ 46,639	$ 65,103	$ 49,609

Income Taxes Income Taxes (Ta_4

Income Taxes Income Taxes (Table 3) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income taxes at federal statutory rate	21%	21%	21%
Effects of foreign operations	0.40%	(0.20%)	(0.80%)
Stock-based compensation	(1.80%)	(0.50%)	(2.40%)
State and local income taxes - net of federal income tax benefit	1.90%	2%	2.10%
Nondeductible items	0.30%	0.50%	1.20%
Valuation allowance	(0.10%)	0.10%	(0.50%)
Other	(0.60%)	0.20%	(0.10%)
Effective tax rate	21.10%	23.10%	20.50%
Unrecognized Tax Benefits	$ 238	$ 1,145	$ 1,145	$ 2,295

Income Taxes Income Taxes (Ta_5

Income Taxes Income Taxes (Table 4) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits	$ 238	$ 1,145	$ 1,145	$ 2,295
Deferred tax assets
Receivable allowances	7,087	7,049
Inventory	7,780	8,367
Accrued expenses	343	315
Deferred compensation	3,468	6,461
Net operating loss carryforwards	5,393	5,685
Lease liability	33,232	26,038
Other	2,332	1,042
Gross deferred tax assets before valuation allowance	59,635	54,957
Less: valuation allowance	3,715	3,948	$ 3,753	$ 4,968
Gross deferred tax assets after valuation allowance	55,920	51,009
Deferred tax liabilities
Depreciation and amortization	(22,648)	(16,704)
Unremitted earnings of foreign subsidiaries	(2,917)	(2,599)
Right-of-use asset	(29,290)	(21,621)
Amortization of goodwill	(7,613)	(7,599)
Indefinite-lived intangibles	(1,449)	(4,654)
Gross deferred tax liabilities	(63,917)	(53,177)
Net deferred tax liabilities	$ (7,997)	$ (2,168)

Income Taxes Income taxes (Deta

Income Taxes Income taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Unrecognized Tax Benefit [Roll Forward]
Beginning Balance	$ 1,145	$ 1,145	$ 2,295
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions	0	0	0
Reductions for tax positions of prior years	907	0	1,150
Ending Balance	238	1,145	1,145
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	233
Less: valuation allowance	3,715	3,948	3,753	$ 4,968
Deferred Tax Liabilities, Undistributed Foreign Earnings	2,917	2,599
Deferred Income Tax Expense (Benefit)	$ 6,105	$ 3,601	$ 1,280

Commitments, Contingencies an_2

Commitments, Contingencies and Other Commitments, Contingencies and Other (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Letters of credit outstanding	$ 504
Contractual Obligation, Due in Second Year	6,000
Contractual Obligation, Due in Second and Third Year	$ 12,000
Supplier Concentration Risk \| Sales Revenue, Net \| Customer one
Loss Contingencies [Line Items]
Concentration Risk, Percentage	10%
Geographic Concentration Risk \| Sales Revenue, Net \| Customer one
Loss Contingencies [Line Items]
Concentration Risk, Percentage	79%
Geographic Concentration Risk \| Sales Revenue, Net \| Customer Two
Loss Contingencies [Line Items]
Concentration Risk, Percentage		78%	78%
Customer Concentration Risk \| Sales Revenue, Net \| Customer one
Loss Contingencies [Line Items]
Concentration Risk, Percentage	1,000%		14%
Customer Concentration Risk \| Sales Revenue, Net \| Customer Two
Loss Contingencies [Line Items]
Concentration Risk, Percentage			10.60%
Customer Concentration Risk \| Sales Revenue, Net \| Customer Three
Loss Contingencies [Line Items]
Concentration Risk, Percentage			10%
Customer Concentration Risk \| Accounts Receivable \| Customer one
Loss Contingencies [Line Items]
Concentration Risk, Percentage	16.10%	20.60%	19.30%
Customer Concentration Risk \| Accounts Receivable \| Customer Two
Loss Contingencies [Line Items]
Concentration Risk, Percentage	12.70%	16.20%	18.10%
Customer Concentration Risk \| Accounts Receivable \| Customer Three
Loss Contingencies [Line Items]
Concentration Risk, Percentage	12.40%	11.10%	10%

Credit Agreement (Details)

Credit Agreement (Details) - USD ($)	12 Months Ended
Credit Agreement (Details) - USD ($)	Dec. 31, 2023	Jul. 22, 2020
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 150,000,000
Maximum Increase of Availability of Credit		100,000,000
Debt Instrument, Basis Spread on Variable Rate	0.50%
Line of Credit Facility, Commitment Fee Percentage	0.25%
Line Cap Dollar Amount Before Base Trigger		22,500,000
Line Cap Percentage Before Base Trigger		0.15
Line Cap Dollar Amount After Base Trigger		15,000,000
Line Cap Percentage After Base Trigger		$ 0.10
Proceeds from Lines of Credit	$ 0
Letters of credit outstanding	$ 504,000
Bloomberg Short-Term Bank Yield Index
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1%
Credit Agreement
Debt Instrument [Line Items]
Letters of credit outstanding	$ 0
Minimum
Debt Instrument [Line Items]
Debt Instrument, Fee	1.25
Maximum
Debt Instrument [Line Items]
Debt Instrument, Fee	2.50

Factoring Agreements (Details)

Factoring Agreements (Details) - d	12 Months Ended
Factoring Agreements (Details) - d	Dec. 31, 2023	Oct. 23, 2023	Apr. 03, 2023
Factors Receivable [Line Items]
Factoring Fee	0.20%
Credit Approved Receivables Purchasing Agreement, Termination Notice Period			60
CIT Group
Factors Receivable [Line Items]
Factoring Fee	0.15%
Credit Approved Receivables Purchasing Agreement, Percentage Of Loss Compensated			50%
CIT Group \| Maximum
Factors Receivable [Line Items]
Credit Approved Receivables Purchasing Agreement, Base Fee, Percentage		0.20%
CIT Group \| Minimum
Factors Receivable [Line Items]
Credit Approved Receivables Purchasing Agreement, Base Fee, Percentage		0.10%

Notes Receivable - Related Part

Notes Receivable - Related Party (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jun. 25, 2007
Receivables [Abstract]
Note receivable - related party	$ 0	$ 401		$ 3,000
Debt instrument, decrease, forgiveness	409
Accrued interest on note receivable – related party	$ 8	$ 16	$ 23

Operating Segment Information_2

Operating Segment Information (Detail) - (Table 1) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Total revenue	$ 1,981,582,000	$ 2,122,009,000	$ 1,866,142,000
Gross profit	832,414,000	873,836,000	767,497,000
Income/(loss) from operations	213,222,000	281,644,000	243,597,000
Depreciation and amortization	15,501,000	20,576,000	15,208,000
Capital expenditures	19,470,000	16,351,000	6,608,000
Wholesale Footwear
Total revenue	1,048,448,000	1,194,890,000	1,022,322,000
Gross profit	370,631,000	431,081,000	345,167,000
Income/(loss) from operations	204,950,000	264,958,000	217,163,000
Depreciation and amortization	2,452,000	2,433,000	2,946,000
Capital expenditures	2,790,000	802,000	1,051,000
Wholesale Accessories/Apparel
Total revenue	416,532,000	394,676,000	343,675,000
Gross profit	135,168,000	100,085,000	94,675,000
Income/(loss) from operations	61,428,000	29,775,000	26,628,000
Depreciation and amortization	2,569,000	9,439,000	2,769,000
Capital expenditures	141,000	277,000	807,000
Total Wholesale
Total revenue	1,464,980,000	1,589,566,000	1,365,997,000
Gross profit	505,799,000	531,166,000	439,842,000
Income/(loss) from operations	266,378,000	294,733,000	243,791,000
Depreciation and amortization	5,021,000	11,872,000	5,715,000
Capital expenditures	2,931,000	1,079,000	1,858,000
Direct-to-Consumer
Total revenue	506,494,000	521,729,000	487,906,000
Gross profit	316,507,000	331,956,000	315,416,000
Income/(loss) from operations	30,160,000	67,649,000	74,542,000
Depreciation and amortization	4,590,000	3,740,000	3,976,000
Capital expenditures	12,061,000	6,380,000	1,156,000
First Cost
Total revenue	0	916,000	2,346,000
Gross profit	0	916,000	2,346,000
Income/(loss) from operations	0	766,000	1,971,000
Depreciation and amortization	0	0	0
Capital expenditures	0	4,000	9,000
Licensing
Total revenue	10,108,000	9,798,000	9,893,000
Gross profit	10,108,000	9,798,000	9,893,000
Income/(loss) from operations	8,427,000	7,854,000	8,108,000
Depreciation and amortization	0	0	0
Capital expenditures	0	0	0
Corporate (1)
Total revenue	0	0	0
Gross profit	0	0	0
Income/(loss) from operations	(91,743,000)	(89,358,000)	(84,815,000)
Depreciation and amortization	5,890,000	4,964,000	5,517,000
Capital expenditures	$ 4,478,000	$ 8,888,000	$ 3,585,000

Operating Segment Information_3

Operating Segment Information (Detail) - (Table 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total revenue	$ 1,981,582	$ 2,122,009	$ 1,866,142
Total revenue	1,981,582	2,122,009	1,866,142
Total revenue	1,981,582	2,122,009	1,866,142
Domestic [Member]
Segment Reporting Information [Line Items]
Total revenue	1,601,098	1,772,711	1,641,090
Total revenue	1,601,098	1,772,711	1,641,090
Total revenue	1,601,098	1,772,711	1,641,090
International [Member]
Segment Reporting Information [Line Items]
Total revenue	380,484	349,298	225,052
Total revenue	380,484	349,298	225,052
Total revenue	380,484	349,298	225,052
Domestic (Non-US Title) [Member]
Segment Reporting Information [Line Items]
Total revenue	272,794	305,437	329,934
Total revenue	272,794	305,437	329,934
Total revenue	$ 272,794	$ 305,437	$ 329,934

Valuation and Qualifying Acco_2

Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Markdown Allowance	$ 31,299	$ 25,687	$ 28,955	$ 18,832
Markdown Allowance Additions	62,534	69,543	58,813
Markdown Allowance Deductions	(56,922)	(72,811)	(48,690)
Accounts Receivable, Allowance for Credit Loss, Recovery	3,557	4,946	7,172
Accounts Receivable, Allowance for Credit Loss, Writeoff	(6,450)	(9,498)	(3,842)
Allowance for Doubtful Accounts Receivable	4,828	7,721	12,273	8,943
Valuation Allowance, Deferred Tax Asset, Additions	432	250	229
Valuation Allowance, Deferred Tax Asset, Deductions	(665)	(55)	(1,444)
SEC Schedule, 12-09, Valuation Allowances and Reserves, Deduction	(64,037)	(82,364)	(53,976)
Less: valuation allowance	3,715	3,948	3,753	4,968
Allowances for Due from Factors (in dollars)	39,842	37,356	44,981	$ 32,743
SEC Schedule, 12-09, Valuation Allowances and Reserves, Additions, Charge to Cost and Expense	$ 66,523	$ 74,739	$ 66,214