|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 237,125 |
$ 110,247 |
| Trade accounts receivable, net of allowances of $25,068 and $25,086 as of December 31, 2013 and December 31, 2012, respectively |
184,013 |
190,756 |
| Inventories |
260,791 |
300,173 |
| Prepaid expenses |
14,980 |
14,092 |
| Other current assets |
112,514 |
59,028 |
| Deferred tax assets |
19,881 |
17,290 |
| Total current assets |
829,304 |
691,586 |
| Property and equipment, net of accumulated depreciation of $99,473 and $69,580 as of December 31, 2013 and December 31, 2012, respectively |
174,066 |
125,370 |
| Goodwill |
128,725 |
128,725 |
| Other intangible assets, net of accumulated amortization of $24,140 and $16,164 as of December 31, 2013 and December 31, 2012, respectively |
93,278 |
95,965 |
| Deferred tax assets |
15,751 |
13,372 |
| Other assets |
18,605 |
13,046 |
| Total assets |
1,259,729 |
1,068,064 |
| Current liabilities: |
|
|
| Short-term borrowings |
9,728 |
33,000 |
| Trade accounts payable |
151,037 |
133,457 |
| Accrued payroll |
35,725 |
15,896 |
| Other accrued expenses |
45,301 |
43,858 |
| Income taxes payable |
49,453 |
25,067 |
| Value Added Tax Payable |
29,274 |
15,739 |
| Total current liabilities |
320,518 |
267,017 |
| Long-term liabilities |
51,092 |
62,246 |
| Commitments and contingencies (note 7) |
|
|
| Deckers Outdoor Corporation stockholders' equity: |
|
|
| Common stock, $0.01 par value; authorized 125,000 shares; issued and outstanding 34,618 and 34,400 shares for 2013 and 2012, respectively |
346 |
344 |
| Additional paid-in capital |
143,916 |
139,046 |
| Retained earnings |
746,500 |
600,811 |
| Accumulated other comprehensive loss |
(2,643) |
(1,400) |
| Total stockholders' equity |
888,119 |
738,801 |
| Total liabilities and equity |
$ 1,259,729 |
$ 1,068,064 |