It's pretty fitted from the waist to just under the butt. I love flounces. This skirt reminds me of this Burda skirt quite a bit. (I just noticed getting that URL that these are both December skirts, innnnnnteresting . . .)
What's funny about this skirt is it always feels like I'm wearing only a half skirt. It is fitted from the waist to the butt so you feel it against you. But then, it flares out and doesn't touch your body so you don't feel it. More than once have I panicked about having it flipped up or tucked into the waistband because you don't feel the bottom section. One of my colleagues knows I sew my own clothing so she makes sure that there is never any wardrobe malfunction. She hasn't caught anything yet but I'm glad she's got my back if anything should happen. Thank goodness.