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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Current assets:      
Cash and cash equivalents $ 111,714 $ 189,924 $ 180,457
Short-term Investments 140 13,484 11,761
Accounts receivable, net of allowances of $5,904, $4,670 and $3,204 86,211 45,653 36,624
Factor accounts receivable 289,942 348,659 341,967
Inventories 436,968 257,625 241,643
Prepaid expenses and other current assets 54,002 34,463 28,448
Income tax receivable and prepaid income taxes 18,799 4,887 19,208
Total current assets 997,776 894,695 860,108
Property and equipment, net 104,423 57,388 49,056
Operating lease right-of-use asset 220,089 139,695 143,480
Deposits and other 21,641 22,214 15,553
Deferred tax assets 2,175 610 609
Goodwill 266,602 183,737 183,374
Intangibles, net 282,372 113,432 122,884
Assets, Total 1,895,078 1,411,771 1,375,064
Current liabilities:      
Accounts payable 235,716 206,889 189,772
Accrued expenses and other current liabilities 181,270 142,452 143,127
Operating leases – current portion 56,179 43,172 44,961
Income taxes payable 11,419 6,147 7,204
Current portion of long-term debt 5,625 0 0
Contingent payment liability – current portion 2,979 0 11,957
Accrued incentive compensation 3,404 15,061 8,909
Total current liabilities 496,592 413,721 405,930
Contingent payment liability – long-term portion 17,406 7,565 9,543
Operating leases – long-term portion 189,404 109,816 112,988
Long-term debt 287,865 0 0
Deferred tax liabilities 38,574 4,628 9,078
Other liabilities 1,874 44 5,169
Liabilities 1,031,715 535,774 542,708
Common stock – $0.0001 par value, 245,000 shares authorized,137,961, 137,248 and 137,180 shares issued, 72,651, 72,157 and 72,606 shares outstanding 7 7 7
Additional paid-in capital 629,071 614,381 600,222
Retained earnings 1,758,361 1,787,851 1,728,102
Accumulated other comprehensive loss (39,782) (48,291) (36,746)
Treasury stock – 65,310, 65,091 and 64,574 shares at cost (1,514,427) (1,506,229) (1,483,306)
Total Steven Madden, Ltd. stockholders’ equity 833,230 847,719 808,279
Noncontrolling interest 30,133 28,278 24,077
Total stockholders’ equity 863,363 875,997 832,356
Total Liabilities and Stockholders’ Equity 1,895,078 1,411,771 1,375,064
Preferred Stock      
Current liabilities:      
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 $ 0