-----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, WJUEnA+9CPekdsuyvpcnmu8GODdzi4jytLVCH7YrcQUyYTsC8iYvef6CEcW3Yc2C RHEiU6WTGGcBRfIu6lVDTw== 0000950137-07-018385.txt : 20071211 0000950137-07-018385.hdr.sgml : 20071211 20071211164644 ACCESSION NUMBER: 0000950137-07-018385 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20071210 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20071211 DATE AS OF CHANGE: 20071211 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14229 FILM NUMBER: 071299460 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 8-K 1 a36462e8vk.htm FORM 8-K e8vk
Table of Contents

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 10, 2007
Quiksilver, Inc.
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction of incorporation)
  001-14229
(Commission File Number)
  33-0199426
(IRS Employer Identification Number)
         
15202 Graham Street, Huntington Beach, CA
(Address of principal executive offices)
  92649
(Zip Code)
Registrant’s telephone number, including area code:
(714) 889-2200
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


TABLE OF CONTENTS

Item 7.01 Regulation FD Disclosure
Item 9.01 Financial Statements and Exhibits
SIGNATURES
INDEX TO EXHIBITS
EXHIBIT 99.1


Table of Contents

Item 7.01 Regulation FD Disclosure
     On December 10, 2007, Quiksilver, Inc. completed the previously announced sale of its Roger Cleveland Golf Company, Inc. subsidiary to SRI Sports Limited. See the press release attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
     (d) Exhibits
     
Exhibit No.   Exhibit Title or Description
99.1
  Press Release dated December 11, 2007
SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
Dated: December 11, 2007  Quiksilver, Inc.
(Registrant)
 
 
  By:   /s/ Charles S. Exon    
    Charles S. Exon    
    Executive Vice-President, Business & Legal Affairs, Secretary and General Counsel   

2


Table of Contents

         
INDEX TO EXHIBITS
     
Exhibit No.   Exhibit Title or Description
99.1
  Press Release dated December 11, 2007

3

EX-99.1 2 a36462exv99w1.htm EXHIBIT 99.1 exv99w1
 

Exhibit 99.1
(Quiksilver Logo)
     
Company Contact:
  Joe Scirocco
Chief Financial Officer
Quiksilver, Inc.
(714) 889-2200
 
   
Investor Relations:
  Chad A. Jacobs, Joe Teklits
Integrated Corporate Relations
(203) 682-8200
Quiksilver, Inc. Closes on Sale of Roger Cleveland Golf Company, Inc. —
— Transaction Value of $132.5M —
— Net Proceeds of approximately $105 million used to Repay Indebtedness —
Huntington Beach, California, December 11, 2007—Quiksilver, Inc. (NYSE: ZQK) today announced that it has closed the sale of Roger Cleveland Golf Company, Inc. to SRI Sports Limited. The transaction resulted from Quiksilver’s initiative, first announced in June 2007, to reduce its exposure to hardgoods manufacturing. The sale, which was effective as of December 10, 2007, carried a transaction value of $132.5 million, with net proceeds to Quiksilver, Inc. of approximately $105 million. Proceeds from the sale will be used to reduce indebtedness.
Quiksilver, Inc. was advised by JPMorgan.
About Quiksilver:
Quiksilver, Inc. (NYSE:ZQK) is the world’s leading outdoor sports lifestyle company, which designs, produces and distributes a diversified mix of branded apparel, wintersports equipment, footwear, accessories and related products. The Company’s apparel and footwear brands represent a casual lifestyle for young-minded people that connect with its boardriding culture and heritage, while its wintersports brands symbolize a long standing commitment to technical expertise and competitive success on the mountains.
The reputation of Quiksilver Inc.’s brands is based on different outdoor sports. The Company’s Quiksilver, Roxy, DC and Hawk brands are synonymous with the heritage and culture of surfing, skateboarding and snowboarding, and its beach and water oriented swimwear brands include Raisins, Radio Fiji and Leilani. The Rossignol, Dynastar, Lange, and Look brands are leaders in the alpine ski market, and the Company makes snowboarding equipment under its Rossignol, Dynastar, DC, Roxy, Lib Technologies, Gnu and Bent Metal labels.
The Company’s products are sold in over 90 countries in a wide range of distribution, including surf shops, ski shops, skateboard shops, snowboard shops, its proprietary Boardriders Club shops, other specialty stores and select department stores. Quiksilver’s corporate and Americas’ headquarters are in Huntington Beach, California, while its European headquarters are in St. Jean de Luz and St. Jean de Moirans, France, and its Asia/Pacific headquarters are in Torquay, Australia.

 


 

(Quiksilver Logo)
Quiksilver, Inc. Announces Closing of Sale of Cleveland Golf
December 11, 2007
Page 2 of 2
Forward looking statements:
This press release contains forward-looking statements including but not limited to statements regarding the Company’s financial forecast and other future activities. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. Please refer to Quiksilver’s SEC filings for more information on the risk factors that could cause actual results to differ materially from expectations, specifically the sections titled “Risk Factors” and “Forward-Looking Statements” in Quiksilver’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
* * * * *
NOTE: For further information about Quiksilver, Inc., you are invited to take a look at our world at www.quiksilver.com,
www.roxy.com, www.dcshoecousa.com, www.quiksilveredition.com, www.hawkclothing.com,
www.rossignol.com, www.dynastar.com, and www.fidragolf.com.

 

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-----END PRIVACY-ENHANCED MESSAGE-----