STEVEN MADDEN, LTD. (SHOO) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K/A
Net sales	2,111.3	1,853.9	1,188.9	1,768.1			1,399.6	1,405.2
Total revenue	2,122.0	1,866.1	1,201.8	1,787.2	1,677.7	1,567.1	1,399.6	1,405.2
Total revenue growth	13.7%	55.3%	-32.8%	6.5%	7.1%	12.0%	-0.4%	5.3%
Cost of Goods and Services Sold	1,248.2	1,098.6	737.3	1,101.1	1,037.6	968.4	877.6	904.7
Gross profit	873.8	767.5	464.5	686.0	640.2	598.7	522.0	500.5
Gross margin	41.2%	41.1%	38.7%	38.4%	38.2%	38.2%	37.3%	35.6%
Operating expenses	111.3	86.4	58.6	58.0	47.8
Income from operations	281.6	243.6	-31.6	176.8	173.4	169.8	169.2	171.6
Operating margin	13.3%	13.1%	-2.6%	9.9%	10.3%	10.8%	12.1%	12.2%
Interest and other income/(expense) – net	0.7	-1.5	1.6	4.4	4.0	2.5	-1.8	2.2
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	282.3	242.1	-30.0	181.2	177.3	172.3	171.0	172.5
Provision for income taxes	65.1	49.6	-11.7	39.5	46.8	53.2	49.7	58.8
Net income	217.2	192.5	-18.3	141.7	130.5	119.1	121.3	113.7
Less: net income attributable to noncontrolling interest					1.4	1.2	0.4	0.7
Net income attributable to Steven Madden, Ltd.					129.1	117.9		112.9

Basic net income per share (in dollars per share)	$2.84	$2.43	($0.23)	$1.78	$1.58	$1.43	$1.41	$1.91
Diluted net income per share (in dollars per share)	$2.77	$2.34	($0.23)	$1.69	$1.50	$1.36	$1.35	$1.85

Basic weighted average common shares outstanding	78.1	81.6	78.6	83.6	86.1	86.7	89.3	61.1
Effect of dilutive securities – options/restricted stock	2.0	3.2		4.1	4.4	4.0	3.7	2.1
Diluted weighted average common shares outstanding	78.1	81.6	78.6	83.6	86.1	86.7	89.3	61.1

Common Stock, Dividends, Per Share, Cash Paid	$0.84	$0.60	$0.15	$0.57	$0.53