| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 71,643 | 24,652 | 21,818 | 2,548 |
| Stock-based compensation | 7,279 | 7,460 | 7,485 | 14,690 |
| Depreciation and amortization | 9,358 | 8,329 | 11,182 | 13,926 |
| Impairment of intangibles | NaN | NaN | 0 | 0 |
| Amortization of debt issuance costs | 441 | 451 | 245 | 480 |
| Loss on disposal of fixed assets | -100 | 330 | -179 | -1 |
| Impairment of intangibles | NaN | 6,300 | NaN | NaN |
| Deferred taxes | NaN | 4,669 | NaN | NaN |
| Loss on divestiture of business | NaN | 0 | 0 | NaN |
| Accrued interest on note receivable related party | NaN | 0 | NaN | NaN |
| Note receivable - related party | NaN | 0 | NaN | NaN |
| Deferred taxes | 32 | NaN | NaN | NaN |
| Change in valuation of contingent payment liability | 385 | -3,505 | 0 | -2,075 |
| Amortization of inventory step-up and other | NaN | 30,679 | NaN | NaN |
| Other operating activities | 21,167 | NaN | -21,817 | 550 |
| Accounts receivable | 6,448 | -1,063 | 4,417 | 7,197 |
| Factor accounts receivable | 35,574 | -22,490 | 41,926 | -59,110 |
| Inventories | -34,266 | -45,098 | 75,677 | -35,004 |
| Prepaid expenses, income tax receivables, prepaid taxes, and other assets | 83,431 | -10,832 | 12,027 | 7,119 |
| Accounts payable, accrued expenses, and other current liabilities | -55,335 | -38,014 | 82,325 | -34,420 |
| Accrued incentive compensation | 595 | 1,741 | 1,147 | -11,721 |
| Leases and other liabilities | NaN | -3,939 | NaN | NaN |
| Payment of contingent liability | NaN | 0 | NaN | NaN |
| Leases and other liabilities | -5,008 | NaN | -11,286 | 15,042 |
| Net cash used in operating activities | -55,337 | 91,127 | 23,437 | 47,635 |
| Purchases of short-term investments | NaN | 0 | 0 | 0 |
| Acquisition of businesses | NaN | 0 | 0 | 371,554 |
| Capital expenditures | 5,901 | 10,320 | 14,822 | 17,516 |
| Maturity/sale of short-term investments | NaN | 13,553 | NaN | NaN |
| Maturity / sale of short-term investments | -13,410 | NaN | 0 | 13,410 |
| Other investing activities | 0 | -2,119 | 183 | 2,196 |
| Net cash used in investing activities | -5,901 | -8,058 | -15,005 | -377,856 |
| Common stock purchased for treasury | 7,367 | 5,156 | 169 | 8,198 |
| Proceeds from exercise of stock options | NaN | 32 | 0 | 0 |
| Acquisition of incremental ownership of joint ventures | NaN | -2,946 | 0 | 2,946 |
| Financing costs paid | NaN | 0 | 0 | 8,955 |
| Investment of noncontrolling interest | NaN | 0 | 3,500 | NaN |
| Borrowings under credit facilities | 94,000 | 30,000 | 42,500 | 395,000 |
| Repayments under credit facilities | 42,000 | 90,000 | 42,500 | 95,000 |
| Cash dividends paid on common stock | 15,290 | 15,270 | 15,257 | 30,435 |
| Payment of contingent liability | NaN | 0 | NaN | NaN |
| Distribution of noncontrolling interest | 2,924 | 2,946 | NaN | NaN |
| Net cash provided by / (used in) financing activities | 26,419 | -80,394 | -11,926 | 249,466 |
| Effect of exchange rate changes on cash and cash equivalents | -447 | 1,026 | 502 | 2,545 |
| Net decrease in cash and cash equivalents | -35,266 | 3,701 | -2,992 | -78,210 |
| Cash and cash equivalents at beginning of period | NaN | NaN | 189,924 | NaN |
| Cash and cash equivalents beginning of year | NaN | 108,722 | NaN | NaN |
| Cash and cash equivalents at end of period | NaN | NaN | 108,722 | NaN |
| Cash and cash equivalents end of year | NaN | 112,423 | NaN | NaN |
STEVEN MADDEN, LTD. (SHOO)
STEVEN MADDEN, LTD. (SHOO)