STEVEN MADDEN LTD
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
SHOO$42.53-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Stockholder' Equity
Condensed Consolidated Statements of Changes in Stockholders' Equity
(in thousands)
| Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive (Loss) · Treasury Stock · Non-Controlling Interest · Total Stockholders' Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||
| Balance - June 30, 2024 | 72,606 | $7 | $600,222 | $1,728,102 | $(36,746) | 64,574 | $(1,483,306) | $24,077 | $832,356 |
| Common stock repurchased and net settlements of restricted stock awards | (455) | — | — | — | — | 455 | (20,239) | — | (20,239) |
| Exercise and net settlement of stock options | 8 | — | 337 | — | — | — | — | — | 337 |
| Issuance of restricted stock, net of forfeitures | 33 | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | 6,952 | — | — | — | — | — | 6,952 |
| Foreign currency translation adjustment | — | — | — | — | (735) | — | — | 654 | (81) |
| Cash flow hedge (net of tax benefit of $261) | — | — | — | — | (778) | — | — | — | (778) |
| Dividends on common stock ($0.21 per share) | — | — | — | (15,171) | — | — | — | — | (15,171) |
| Divestiture of business | — | — | — | — | — | — | — | 102 | 102 |
| Net income | — | — | — | 55,278 | — | — | — | 1,310 | 56,588 |
| Balance - September 30, 2024 | 72,192 | $7 | $607,511 | $1,768,209 | $(38,259) | 65,029 | $(1,503,545) | $26,143 | $860,066 |
| Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive (Loss) · Treasury Stock · Non-Controlling Interest · Total Stockholders' Equity | |||||||||
| Shares · Amount · Shares · Amount | |||||||||
| Balance - December 31, 2023 | 73,681 | $7 | $586,155 | $1,679,500 | $(29,046) | 62,790 | $(1,407,018) | $18,434 | $848,032 |
| Common stock repurchased and net settlements of restricted stock awards | (2,219) | — | — | — | — | 2,219 | (95,681) | — | (95,681) |
| Exercise and net settlement of stock options | 34 | — | 1,825 | — | — | 20 | (846) | — | 979 |
| Issuance of restricted stock, net of forfeitures | 696 | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | 19,531 | — | — | — | — | — | 19,531 |
| Foreign currency translation adjustment | — | — | — | — | (9,574) | — | — | 128 | (9,446) |
| Cash flow hedge (net of tax expense of $121) | — | — | — | — | 361 | — | — | — | 361 |
| Dividends on common stock ($0.63 per share) | — | — | — | (45,880) | — | — | — | — | (45,880) |
| Investment of noncontrolling interest | — | — | — | — | — | — | — | 3,969 | 3,969 |
| Divestiture of business | — | — | — | — | — | — | — | 102 | 102 |
| Net income | — | — | — | 134,589 | — | — | — | 3,510 | 138,099 |
| Balance - September 30, 2024 | 72,192 | $7 | $607,511 | $1,768,209 | $(38,259) | 65,029 | $(1,503,545) | $26,143 | $860,066 |
Condensed Consolidated Statements of Changes in Stockholders' Equity
(in thousands)
| Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive (Loss) · Treasury Stock · Non-Controlling Interest · Total Stockholders' Equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||
| Balance - June 30, 2023 | 75,303 | $8 | $533,550 | $1,610,487 | $(30,984) | 59,523 | $(1,288,545) | $17,201 | $841,717 |
| Common stock repurchased and net settlements of restricted stock awards | (920) | — | — | — | — | 920 | (31,441) | — | (31,441) |
| Exercise and net settlement of stock options | 214 | — | 39,992 | — | — | 1,377 | (48,231) | — | (8,239) |
| Issuance of restricted stock, net of forfeitures | 13 | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | 5,931 | — | — | — | — | — | 5,931 |
| Foreign currency translation adjustment | — | — | — | — | (3,779) | — | — | (118) | (3,897) |
| Cash flow hedge (net of tax expense of $769) | — | — | — | — | 1,335 | — | — | — | 1,335 |
| Dividends on common stock ($0.21 per share) | — | — | — | (15,698) | — | — | — | — | (15,698) |
| Distributions to noncontrolling interests, net | — | — | — | — | — | — | — | (1,102) | (1,102) |
| Net income | — | — | — | 64,413 | — | — | — | 695 | 65,108 |
| Balance - September 30, 2023 | 74,610 | $8 | $579,473 | $1,659,202 | $(33,428) | 61,820 | $(1,368,217) | $16,676 | $853,714 |
| Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive (Loss) · Treasury Stock · Non-Controlling Interest · Total Stockholders' Equity | |||||||||
| Shares · Amount · Shares · Amount | |||||||||
| Balance - December 31, 2022 | 76,796 | $8 | $520,441 | $1,571,123 | $(35,709) | 57,660 | $(1,224,310) | $12,310 | $843,863 |
| Common stock repurchased and net settlements of restricted stock awards | (2,781) | — | — | — | — | 2,781 | (95,591) | — | (95,591) |
| Exercise and net settlement of stock options | 248 | — | 40,863 | — | — | 1,379 | (48,316) | — | (7,453) |
| Issuance of restricted stock, net of forfeitures | 347 | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | 18,169 | — | — | — | — | — | 18,169 |
| Foreign currency translation adjustment | — | — | — | — | 1,591 | — | — | (409) | 1,182 |
| Cash flow hedge (net of tax expense of $398) | — | — | — | — | 690 | — | — | — | 690 |
| Dividends on common stock ($0.63 per share) | — | — | — | (47,594) | — | — | — | — | (47,594) |
| Investment of noncontrolling interest | — | — | — | — | — | — | — | 4,582 | 4,582 |
| Distributions to non-controlling interests, net | — | — | — | — | — | — | — | (1,102) | (1,102) |
| Net income | — | — | — | 135,673 | — | — | — | 1,295 | 136,968 |
| Balance - September 30, 2023 | 74,610 | $8 | $579,473 | $1,659,202 | $(33,428) | 61,820 | $(1,368,217) | $16,676 | $853,714 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.