-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IRwVBFNFrmeKET7LMZEYGjr5SkFHXFD5AwJFIeloJ7Jmqf3nJ/gjxoXIiKt6CR1A Bk+Wi+9eUMIUBevQAoRT5w== 0000950123-10-050704.txt : 20100712 0000950123-10-050704.hdr.sgml : 20100712 20100518121443 ACCESSION NUMBER: 0000950123-10-050704 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20100518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUIKSILVER INC CENTRAL INDEX KEY: 0000805305 STANDARD INDUSTRIAL CLASSIFICATION: MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320] IRS NUMBER: 330199426 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 15202 GRAHAM STREET CITY: HUNTINGTON BEACH STATE: CA ZIP: 92649 BUSINESS PHONE: 714-889-2200 MAIL ADDRESS: STREET 1: 15202 GRAHAM STREET CITY: HUNTINGTON BEACH STATE: CA ZIP: 92649 CORRESP 1 filename1.htm corresp
(QUIKSILVER LOGO)
May 18, 2010
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549
Attn: John Archfield
Mailstop 3561
     Re:    Quiksilver, Inc. (File No. 001-14229)
Ladies and Gentlemen:
     We are in receipt of the comments of the Staff of the Securities and Exchange Commission (the “Commission”) set forth in the Commission’s letter dated May 10, 2010 (the “SEC Comment Letter”) regarding Quiksilver, Inc.’s Annual Report on Form 10-K for the fiscal year ended October 31, 2009 (the “2009 Form 10-K”). The numbered response set forth below corresponds with the comment contained in the SEC Comment Letter.
Critical Accounting Policies, page 31
Goodwill, page 31
Your Comment
1.   We note in your response to comment two of our letter dated March 31, 2010 that the fair value for your Europe and Asia/Pacific reporting units exceed the carrying value by 7% and 5%, respectively. In addition, we note your proposed disclosure to be included in your 2010 Form 10-K in the event the fair value of your Europe and Asia/Pacific reporting units do not substantially exceed their carrying values at October 31, 2010, or in earlier Form 10-Q’s should you be required to evaluate goodwill for impairment on an interim basis. Please provide your proposed disclosure within the Critical Accounting Policies of your April 30, 2010 Form 10-Q, or explain to us why you do not believe such disclosure is necessary.
Response to Your Comment
     Based on the Staff’s comment, we will include our proposed goodwill disclosure (contained in our letter to you dated April 21, 2010) in the Critical Accounting Policies section of our April 30, 2010 Form 10-Q.
(QUIKSILVER LOGO)

 


 

(QUIKSILVER LOGO)
     If you have any questions regarding our response to the Staff’s comments, please feel free to contact me at (714) 889-6007, or our Principal Accounting Officer, Brad Holman, at (714) 889-2736.
Sincerely,
         
  QUIKSILVER, INC.

 
 
  /s/ Joe Scirocco    
  Joe Scirocco   
  Chief Financial Officer   
 
(QUIKSILVER LOGO)

 

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