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Tables in the 10-K of DECKERS OUTDOOR CORP

68 tables with numbers, filed May 30, 2018. Each one downloads as a CSV for Excel or Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

		Page
	PART I
Item 1.	Business	3
Item 1A.	Risk Factors	10
Item 1B.	Unresolved Staff Comments	*
Item 2.	Properties	25
Item 3.	Legal Proceedings	26
Item 4.	Mine Safety Disclosures	*

	Common StockPrice Per Share
	Low	High
Year Ended March 31, 2018
Fourth Quarter	$78.96		$98.29
Third Quarter	64.57		80.25
Second Quarter	61.60		69.43
First Quarter	55.78		71.92
Year Ended March 31, 2017

	January 1,	Year Ended December 31,		Years Ended March 31,
	2013	2013		2015	2016	2017		2018
Deckers Outdoor Corporation	$100.0		$209.7		$181.0		$148.8		$148.3	$223.6
S&P 500 Apparel, Accessories & Luxury Goods Index	100.0		124.9		119.3		105.9		84.2	108.0
The NYSE Composite Index	100.0		126.4		138.7		133.5		154.4	171.4

	Total number of shares purchased* (in thousands)	Average price paid per share		Approximate dollar value of sharesadded/(purchased)	Approximate dollar value of shares that may yet be purchased
February 1, 2018 — February 28, 2018	930		$93.85		$(87,293)	$288,314
March 1, 2018 — March 31, 2018	412		91.56		(37,707)	250,607

	Years Ended March 31,	Quarter Ended March 31,(transition period)		Year Ended December 31,
	2018	2017		2016	2015	2014		2013
Income Statement Data:
Net sales to external customers:
UGG brand wholesale	$841,893		$826,355		$918,102		$903,926		$83,271	$818,377
Teva brand wholesale	117,478		103,694		121,239		116,931		45,283	109,334
Sanuk brand wholesale	78,283		77,552		90,719		102,690		28,793	94,420
Other brands wholesale	149,961		116,206		100,820		76,152		18,662	38,276

	As of March 31,	As of December 31,
	2018	2017		2016	2015	2014		2013
Balance Sheet Data:
Cash and cash equivalents	$429,970		$291,764		$245,956		$225,143		$245,088	$237,125
Working capital	721,524		661,770		547,267		519,051		501,647	508,786
Total assets	1,264,379		1,191,780		1,278,068		1,169,933		1,064,204	1,259,729
Long-term liabilities	134,434		78,474		72,099		65,379		53,140	51,092
Stockholders' equity	940,779		954,255		967,471		937,012		888,849	888,119

	Years Ended March 31,	Cumulative Restructuring Charges
	2018	2017		2016
Lease termination costs	$149		$8,986		$8,852	$17,987
Retail store fixed asset impairment	—		3,614		5,758	9,372
Severance costs	—		5,773		4,003	9,776
Software and office fixed asset impairment	—		3,199		3,788	6,987
Other*	1,518		7,412		2,272	11,202
Total restructuring charges	$1,667		$28,984		$24,673	$55,324

UGG brand wholesale	$1,000
Sanuk brand wholesale	1,000
Other brands wholesale	1,000
Direct-to-Consumer	34,000
Unallocated overhead costs	17,000
Total	$54,000

	Payments Due by Period
	Total	Less than1 Year		1-3 Years	3-5 Years	More than5 Years
Operating lease obligations (1)	$336,545		$54,836		$96,724		$72,776	$112,209
Purchase obligations for product (2)	455,228		455,228		—		—	—
Purchase obligations for sheepskin (3)	106,852		54,252		52,600		—	—
Other purchase obligations (4)	48,082		28,894		19,188		—	—
Mortgage obligation (5)	48,083		2,168		4,336		4,336	37,243
Net unrecognized tax benefits (6)	9,238		—		3,722		5,516	—

	Three Months Ended March 31,
	2018	2017
	Amount	% of Net Sales		Amount	% of Net Sales
Wholesale net sales	$223,127		100.0%		$219,116	100.0%
Allowance for sales returns	20,848		9.3		16,247	7.4
Direct-to-Consumer net sales	$177,557		100.0%		$150,349	100.0%
Sales returns liability	2,308		1.3		2,736	1.8

	Years Ended March 31,
	2018		2017		Change
	Amount	%			Amount	%		Amount	%
Net sales	$1,903,339			100.0%			$1,790,147		100.0%	$113,192	6.3%
Cost of sales	971,697			51.1			954,912		53.3	(16,785)	(1.8)
Gross profit	931,642			48.9			835,235		46.7	96,407	11.5
Selling, general and administrative expenses	709,058			37.3			837,154		46.8	128,096	15.3
Income (loss) from operations	222,584			11.7			(1,919)		(0.1)	224,503	11,699.0

	Years Ended March 31,
	2018	2017		Change
	Amount	Amount		Amount	%
Net sales by location:
US	$1,174,061		$1,141,303			$32,758	2.9%
International	729,278		648,844			80,434	12.4
Total	$1,903,339		$1,790,147			$113,192	6.3%
Net sales by brand and channel:

	Years Ended March 31,
	2018	2017
Income tax expense (benefit)	$106,302		$(12,696)
Effective income tax rate	48.2%		181.7%

	Years Ended March 31,
	2017		2016		Change
	Amount	%			Amount	%		Amount	%
Net sales	$1,790,147			100.0%			$1,875,197		100.0%	$(85,050)	(4.5)%
Cost of sales	954,912			53.3			1,028,529		54.8	73,617	7.2
Gross profit	835,235			46.7			846,668		45.2	(11,433)	(1.4)
Selling, general and administrative expenses	837,154			46.8			684,541		36.5	(152,613)	(22.3)
(Loss) income from operations	(1,919)			(0.1)			162,127		8.7	(164,046)	(101.2)

ExhibitNumber	Description of Exhibit
3.1	Amended and Restated Certificate of Incorporation of Deckers Outdoor Corporation, as amended through May 27, 2010 (Exhibit 3.1 to the Registrant's Form 10-Q filed on August 9, 2010 and incorporated by reference herein)
3.2	Amended and Restated Bylaws of Deckers Outdoor Corporation, as updated through April 26, 2018 (Exhibit 3.1 to the Registrant's Form 8-K filed on April 30, 2018 and incorporated by reference herein)
10.1	Lease Agreement, dated September 15, 2004, by and between Mission Oaks Associates, LLC and Deckers Outdoor Corporation for distribution center at 3001 Mission Oaks Blvd., Camarillo, CA 93012 (Exhibit 10.37 to the Registrant's Form 10-K filed on March 16, 2005 and incorporated by reference herein)
10.2	First Amendment to Lease Agreement, dated December 1, 2004, by and between Mission Oaks Associates, LLC and Deckers Outdoor Corporation for distribution center at 3001 Mission Oaks Blvd., Camarillo, CA 93012 (Exhibit 10.38 to the Registrant's Form 10-K filed on March 16, 2005 and incorporated by reference herein)
10.3	Amendment to Lease Agreement, dated September 1, 2011, by and between Mission Oaks Associates, LLC and Deckers Outdoor Corporation for distribution center at 3001 Mission Oaks Blvd., Camarillo, CA 93012 (Exhibit 10.23 to the Registrant's Form 10-K filed on February 29, 2012 and incorporated by reference herein)
10.4	Amendment to Lease Agreement, dated September 1, 2011, by and between 450 N. Baldwin Park Associates, LLC and Deckers Outdoor Corporation for distribution center at 3175 Mission Oaks Blvd., Camarillo, CA 93012 (Exhibit 10.24 to the Registrant's Form 10-K filed on February 29, 2012 and incorporated by reference herein)
10.5	Lease Agreement, dated December 5, 2013, by and between Moreno Knox, LLC and Deckers Outdoor Corporation for distribution center at 17791 Perris Blvd., Moreno Valley, CA 92551 (Exhibit 10.6 to the Registrant’s Form 10-K filed on March 3, 2014 and incorporated by reference herein)

10.14	Deed of Trust, Assignment of Leases and Rents and Security Agreement (including Fixture Filing), dated July 9, 2014, executed by Deckers Cabrillo, LLC (Exhibit 10.3 to the Registrant’s Form 8-K filed on July 15, 2014 and incorporated by reference herein)
#10.15	Form of Change of Control and Severance Agreement (Exhibit 10.19 to the Registrant’s Form 10-K filed on May 30, 2017 and incorporated by reference herein)
#10.16	Consulting Agreement and General Release, dated May 24, 2016 and effective May 31, 2016, entered into by and between Deckers Outdoor Corporation and Angel Martinez (Exhibit 10.1 to the Registrant’s Form 8-K filed on May 27, 2016 and incorporated by reference herein)
#10.17	Deckers Outdoor Corporation 2006 Equity Incentive Plan (Appendix A to the Registrant's Definitive Proxy Statement filed on April 21, 2006 and incorporated by reference herein)
#10.18	First Amendment to Deckers Outdoor Corporation 2006 Equity Incentive Plan (Appendix A to the Registrant's Definitive Proxy Statement filed on April 9, 2007 and incorporated by reference herein)
#10.19	Deckers Outdoor Corporation Second Amended and Restated Deferred Stock Unit Compensation Plan, effective as of December 16, 2015 (Exhibit 10.1 to the Registrant's Form 10-Q filed on November 9, 2017 and incorporated by reference herein)
#10.20	Deckers Outdoor Corporation Amended and Restated Deferred Compensation Plan, effective July 1, 2016 (Exhibit 10.2 to the Registrant’s Form 10-Q filed on November 9, 2017 and incorporated by reference herein)
#10.21	Form of Deckers Outdoor Corporation Management Incentive Program under the 2006 Equity Incentive Plan (Exhibit 10.28 to the Registrant’s Form 10-K filed on March 1, 2013 and incorporated by reference herein)

#10.36	Form of Performance Stock Option Agreement under 2015 Stock Incentive Plan (Exhibit 10.3 to the Registrant’s Form 10-Q filed on August 9, 2017 and incorporated by reference herein)
*21.1	Subsidiaries of Registrant
*23.1	Consent of Independent Registered Public Accounting Firm
*31.1	Certification of the Principal Executive Officer pursuant to Rule 13a-14(a) under the Exchange Act, adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, as amended
*31.2	Certification of the Principal Financial and Accounting Officer pursuant to Rule 13a-14(a) under the Exchange Act, adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, as amended
**32	Certification pursuant to 18 U.S.C. Section 1350, adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
*101.INS	XBRL Instance Document
*101.SCH	XBRL Taxonomy Extension Schema Document

/s/ DAVID POWERS	Chief Executive Officer, President and Director(Principal Executive Officer)	May 30, 2018
David Powers
/s/ THOMAS A. GEORGE	Chief Financial Officer(Principal Financial and Accounting Officer)	May 30, 2018
Thomas A. George
/s/ JOHN M. GIBBONS	Chairman of the Board	May 30, 2018
John M. Gibbons
/s/ KARYN O. BARSA	Director	May 30, 2018
Karyn O. Barsa

	Page
Consolidated Financial Statements:
Reports of Independent Registered Public Accounting Firm	F-2
Consolidated Balance Sheets as of March 31, 2018 and 2017	F-4
Consolidated Statements of Comprehensive Income (Loss) for the years ended March 31, 2018, 2017, and 2016	F-5
Consolidated Statements of Stockholders' Equity for the years ended March 31, 2018, 2017, and 2016	F-6
Consolidated Statements of Cash Flows for the years ended March 31, 2018, 2017, and 2016	F-7
Notes to Consolidated Financial Statements	F-8

	Common Stock	Additional Paid-in Capital		Retained Earnings	Accumulated Other Comprehensive Loss	Total Stockholders' Equity
	Shares	Amount
Balance, March 31, 2015	33,292		$333		$158,777		$798,370	$(20,468)	$937,012
Stock compensation expense	16		—		6,622		—	—	6,622
Shares issued upon vesting	132		1		(1)		—	—	—
Excess tax benefit from stock compensation	—		—		471		—	—	471
Shares withheld for taxes	—		—		(4,610)		—	—	(4,610)
Repurchases of common stock	(1,420)		(14)		—		(94,186)	—	(94,200)

		As of March 31,
	Useful life (years)	2018	2017
Land	Indefinite	$32,863		$32,843
Building	39.5	38,945		38,990
Machinery and equipment	1-10	141,255		131,852
Furniture and fixtures	3-7	38,473		38,720
Computer software	3-10	72,310		67,750
Leasehold improvements	1-11	107,079		106,134

	Goodwill, Gross	Accumulated Impairment		Goodwill, Net
Balance as of March 31, 2016	$143,765		$(15,831)		$127,934
Changes related to acquisitions, impairments and other adjustments*	—		(113,944)		(113,944)
Balance as of March 31, 2017	143,765		(129,775)		13,990
Changes related to acquisitions, impairments and other adjustments	—		—		—
Balance as of March 31, 2018	$143,765		$(129,775)		$13,990

Balance as of March 31, 2016	$83,026
Impairment charges	(8,829)
Amortization expense	(7,945)
Foreign currency exchange rate fluctuations	(1,114)
Balance as of March 31, 2017	65,138
Amortization expense	(7,807)
Foreign currency exchange rate fluctuations	519
Balance as of March 31, 2018	$57,850

Years Ending March 31:
2019	$6,294
2020	3,511
2021	2,534
2022	2,525
2023	2,450
Thereafter	25,082
Total expected amortization in future periods	$42,396

Tables in the 10-K of DECKERS OUTDOOR CORP

Table 1 after “TABLE OF CONTENTS”

Table 2 after “The following table shows the range of low and high closing sale prices per share of our common stock, based on the last daily sale, for the”

Table 3 after “The following table assumes one hundred dollars invested on January 1, 2013 and assumes dividends are reinvested.”

Table 4 after “:”

Table 5 after “"Management's Discussion and Analysis of Financial Condition and Results of Operations".”

Table 6 after “"Management's Discussion and Analysis of Financial Condition and Results of Operations".”

Table 7 after “The following table summarizes restructuring charges incurred by category:”

Table 8 after “of savings from our restructuring plan. The realized SG&A expense savings by reportable operating segment are as follows:”

Table 9 after “The following table summarizes our results of operations:”

Table 10 after “The following table summarizes our net sales by location and our net sales by brand and channel:”

Table 11 after “The following table summarizes operating income (loss) from operations by reportable operating segment:”

Table 12 after “The income tax expense and the effective income tax rates were as follows:”

Table 13 after “The following table summarizes our results of operations:”

Table 14 after “The following table summarizes our net sales by location and our net sales by brand and channel:”

Table 15 after “The following table summarizes operating (loss) income by reportable operating segment:”

Table 16 after “Income tax (benefit) expense and the effective income tax rates were as follows:”

Table 17 after “The following table summarizes our cash flows:”

Table 18 after “and the effects such obligations are expected to have on liquidity and cash flow in future periods:”

Table 19 after “The following table summarizes critical accounting estimates for accounts receivable allowances and reserves:”

Table 20 after “48”

Table 21 after “EXHIBIT INDEX”

Table 22 after “57”

Table 23 after “58”

Table 24 after “Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this report has been signed below by the following persons ”

Table 25 after “AND FINANCIAL STATEMENT SCHEDULE”

Table 26 after “(amounts in thousands, except par value)”

Table 27 after “(amounts in thousands, except per share data)”

Table 28 after “(amounts in thousands)”

Table 29 after “(amounts in thousands)”

Table 30 after “(continued)”

Table 31 after “Property and equipment is summarized as follows:”

Table 32 after “. Restructuring charges by reportable operating segment are as follows:”

Table 33 after “. The specific categories of restructuring charges, as well as payments associated with the related accrued liabilities, were as follows:”

Table 34 after “The Company's goodwill and other intangible assets are recognized as follows:”

Table 35 after “are as follows:”

Table 36 after “relevant to the Company's other intangible assets is as follows:”

Table 37 after “is as follows:”

Table 38 after “The assets and liabilities that are measured on a recurring basis at fair value are summarized as follows:”

Table 39 after “The assets and liabilities that are measured on a recurring basis at fair value are summarized as follows:”

Table 40 after “Components of income tax expense (benefit) are as follows:”

Table 41 after “differed from that obtained by applying the statutory federal income tax rate to income before income taxes or benefit as follows:”

Table 42 after “The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities are as f”

Table 43 after “A reconciliation of the beginning and ending amounts of total gross unrecognized tax benefits is as follows:”

Table 44 after “are as follows:”

Table 45 after “The following schedule shows the composition of total rent expense:”

Table 46 after “were as follows:”

Table 47 after “The following table presents the weighted-average valuation assumptions used for the recognition of stock compensation expense for the LTIP ”

Table 48 after “:”

Table 49 after “:”

Table 50 after “The table below summarizes Annual RSU and Annual PSU activity:”

Table 51 after “There were no 2007 LTIP SARs outstanding or exercisable at March 31, 2018. The table below summarizes 2007 LTIP SARs activity:”

Table 52 after “The table below summarizes LTIP PSU activity:”

Table 53 after “The table below summarizes LTIP NQSO activity:”

Table 54 after “The following table summarizes the stock repurchase activity under the above programs:”

Table 55 after “, the Company had the following foreign currency exchange rate forward contracts:”

Table 56 after “, the Company had the following foreign currency exchange rate forward contracts:”

Table 57 after “The following table summarizes the effect of Designated Derivative Contracts:”

Table 58 after “The following table summarizes the effect of Non-Designated Derivative Contracts:”

Table 59 after “The components within accumulated other comprehensive loss are as follows:”

Table 60 after “The reconciliation of basic to diluted weighted-average common shares outstanding is as follows:”

Table 61 after “is summarized as follows:”

Table 62 after “(dollar amounts in thousands, except per share data)”

Table 63 after “Assets allocable to each reportable operating segment are as follows:”

Table 64 after “are as follows:”

Table 65 after “(dollar amounts in thousands, except per share data)”

Table 66 after “Summarized unaudited quarterly financial data are as follows:”

Table 67 after “Summarized unaudited quarterly financial data are as follows:”

Table 68 after “The following is a summary of allowances for doubtful accounts, sales discounts, chargebacks and sales returns against trade accounts receiv”

	Fair Value as of March 31, 2018	Measured Using
	Level 1	Level 2		Level 3
Assets (liabilities) at fair value:
Non-qualified deferred compensation asset	$7,172		$7,172		$—	$—
Non-qualified deferred compensation liability	(4,296)		(4,296)		—	—
Designated Derivative Contracts asset	950		—		950	—
Designated Derivative Contracts liability	(143)		—		(143)	—
Non-Designated Derivative Contracts liability	(10)		—		(10)	—

	Fair Value as of March 31, 2017	Measured Using
	Level 1	Level 2		Level 3
Assets (liabilities) at fair value:
Non-qualified deferred compensation asset	$6,662		$6,662		$—	$—
Non-qualified deferred compensation liability	(4,140)		(4,140)		—	—
Designated Derivative Contracts asset	1,365		—		1,365	—

Balance, March 31, 2016	$8,695
Gross increase related to current year tax positions	1,878
Gross increase related to prior year tax positions	1,154
Balance, March 31, 2017	11,727
Gross increase related to current year tax positions	1,168
Gross increase related to prior year tax positions	1,243
Settlements	(4,501)
Lapse of statute of limitations	(43)

Years Ending March 31,	Future Minimum Lease Commitments
2019	$54,836
2020	52,256
2021	44,468
2022	38,435
2023	34,341
Thereafter	112,209
Total	$336,545

ContractEffective Date		FinalTarget Date	Contract Value	Remaining Commitment
October 2016		September 2018	$53,700		$15,601
July 2017		September 2018	29,600		16,920
September 2017		September 2018	43,200		21,731
July 2017		September 2019	52,600		52,600
Total	$179,100		$106,852

	2018 LTIP NQSOs	2017 LTIP NQSOs
Expected life (in years)	4.90		5.94
Expected volatility	38.73%		41.80%
Risk free interest rate	1.78%		1.95%
Dividend yield	—%		—%
Weighted-average exercise price	$69.29		$61.86
Weighted-average option value	$25.03		$26.27

	UnrecognizedStock CompensationExpense	Weighted-AverageRemainingVesting Period (Years)
Annual RSUs	$7,517		1.2
Annual PSUs	2,115		1.4
LTIP NQSOs	6,057		1.5
Total	$15,689

	Number ofShares	Weighted-AverageGrant-DateFair Value
Nonvested at March 31, 2015	340,000		$70.11
Granted	240,000		70.82
Vested	(132,000)		66.74
Forfeited	(91,000)		72.84
Cancelled*	(154,000)		74.22
Nonvested at March 31, 2016	203,000		68.80
Granted	268,000		59.34

	2007 LTIP SARs	Weighted-AverageExercisePrice		Weighted-AverageRemainingContractualTerm(Years)	AggregateIntrinsicValue
Outstanding at March 31, 2015	715,000		$26.73		5.8	$33,000
Exercised	(80,000)		26.73
Forfeited	(15,000)		26.73
Outstanding at March 31, 2016	620,000		26.73		3.5	20,600
Exercised	(290,000)		26.73
Cancelled*	(90,000)		26.73
Outstanding at March 31, 2017	240,000		26.73		5.1	7,920

	Designated Derivative Contracts	Non-Designated Derivative Contracts		Total
Notional value	$126,332		$4,802		$131,134
Fair value recorded in other current assets	950		—		950
Fair value recorded in other accrued expenses	(143)		(10)		(153)