XML 1118 R97.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information - Quiksilver, Inc. - Condensed Consolidating Statement of Cash Flows (Detail) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2010
Cash flows from operating activities:      
Net (loss)/income $ (9,743) $ (17,870) $ (6,270)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:      
Depreciation and Amortization 53,232 55,259 53,861
Stock-based compensation 22,552 14,414 12,831
Provision for doubtful accounts 4,594 8,732 15,307
Equity in earnings 282 (355) (524)
Asset impairments 7,000 12,000 12,000
Non-cash interest expense 3,685 19,112 56,695
Deferred income taxes (8,582) (28,248) 8,029
Changes in operating assets and liabilities:      
Trade accounts receivable (53,405) (33,985) 39,846
Inventories (4,978) (70,706) 4,505
Cash (used in)/provided by operating activities of continuing operations (13,539) 54,149 199,697
Cash provided by operating activities of discontinued operations     3,785
Net cash (used in)/provided by operating activities (13,539) 54,149 203,482
Cash flows from investing activities:      
Proceeds from the sale of properties and equipment 8,198 12,546 4,662
Capital expenditures (66,081) (89,590) (47,797)
Changes in restricted cash     52,706
Business acquisitions, net of cash acquired (9,117) (5,578)  
Net cash (used in)/provided by investing activities (67,000) (82,622) 9,571
Cash flows from financing activities:      
Borrowings on lines of credit 15,139 30,070 16,581
Payments on lines of credit (12,641) (35,303) (27,021)
Borrowings on long-term debt 140,035 315,330 59,353
Payments on long-term debt (112,841) (284,676) (220,566)
Payments of debt and equity issuance costs   (6,391) (9,573)
Stock option exercises and employee stock purchases 2,241 4,129 3,639
Transactions with non-controlling interest owners (11,000)   (5,174)
Net cash provided by/(used in) financing activities 20,933 23,159 (182,761)
Effect of exchange rate changes on cash (8,324) (5,526) (9,215)
Net increase/(decrease) in cash and cash equivalents (67,930) (10,840) 21,077
Cash and cash equivalents, beginning of period 109,753 120,593 99,516
Cash and cash equivalents, end of period 41,823 109,753 120,593
Quiksilver Inc [Member]
     
Cash flows from operating activities:      
Net (loss)/income (9,743) (17,870) (6,270)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:      
Income from discontinued operations     (1,830)
Depreciation and Amortization 53,232 55,259 53,861
Stock-based compensation 22,552 14,414 12,831
Provision for doubtful accounts 4,594 8,732 15,307
Equity in earnings 282 (355) (524)
Asset impairments 7,234 86,373 11,657
Non-cash interest expense 3,685 19,112 56,695
Deferred income taxes (8,582) (28,248) 8,029
Other adjustments to reconcile net (loss)/income (6,499) (5,666) (3,542)
Changes in operating assets and liabilities:      
Trade accounts receivable (53,405) (33,985) 39,846
Inventories (4,978) (70,706) 4,505
Other operating assets and liabilities (21,911) 27,089 9,132
Cash (used in)/provided by operating activities of continuing operations     199,697
Cash provided by operating activities of discontinued operations     3,785
Net cash (used in)/provided by operating activities (13,539) 54,149 203,482
Cash flows from investing activities:      
Proceeds from the sale of properties and equipment 8,198 12,546 4,662
Capital expenditures (66,081) (89,590) (47,797)
Changes in restricted cash     52,706
Business acquisitions, net of cash acquired (9,117) (5,578)  
Net cash (used in)/provided by investing activities (67,000) (82,622) 9,571
Cash flows from financing activities:      
Borrowings on lines of credit 15,139 30,070 16,581
Payments on lines of credit (12,641) (35,303) (27,021)
Borrowings on long-term debt 140,035 315,330 59,353
Payments on long-term debt (112,841) (284,676) (220,566)
Payments of debt and equity issuance costs   (6,391) (9,573)
Stock option exercises and employee stock purchases 2,241 4,129 3,639
Transactions with non-controlling interest owners (11,000)   (5,174)
Net cash provided by/(used in) financing activities 20,933 23,159 (182,761)
Effect of exchange rate changes on cash (8,324) (5,526) (9,215)
Net increase/(decrease) in cash and cash equivalents (67,930) (10,840) 21,077
Cash and cash equivalents, beginning of period 109,753 120,593 99,516
Cash and cash equivalents, end of period 41,823 109,753 120,593
Quiksilver Inc [Member] | Quiksilver, Inc. [Member]
     
Cash flows from operating activities:      
Net (loss)/income (10,756) (21,258) (9,684)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:      
Depreciation and Amortization 2,088 1,735 1,519
Stock-based compensation 22,552 14,414 12,831
Equity in earnings (74,572) (50,224) (50,399)
Non-cash interest expense 1,490 1,387 1,292
Other adjustments to reconcile net (loss)/income (443) 72 (195)
Changes in operating assets and liabilities:      
Other operating assets and liabilities 10,255 1,090 16,733
Cash (used in)/provided by operating activities of continuing operations     (27,903)
Net cash (used in)/provided by operating activities (49,386) (52,784) (27,903)
Cash flows from investing activities:      
Proceeds from the sale of properties and equipment     34
Capital expenditures (4,388) (12,570) (4,194)
Net cash (used in)/provided by investing activities (4,388) (12,570) (4,160)
Cash flows from financing activities:      
Payments of debt and equity issuance costs     (7,750)
Stock option exercises and employee stock purchases 2,241 4,129 3,639
Intercompany 51,840 61,078 36,017
Net cash provided by/(used in) financing activities 54,081 65,207 31,906
Net increase/(decrease) in cash and cash equivalents 307 (147) (157)
Cash and cash equivalents, beginning of period 17 164 321
Cash and cash equivalents, end of period 324 17 164
Quiksilver Inc [Member] | Guarantor Subsidiaries [Member]
     
Cash flows from operating activities:      
Net (loss)/income 21,152 18,304 (33,406)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:      
Income from discontinued operations     (1,485)
Depreciation and Amortization 18,002 20,445 21,494
Provision for doubtful accounts (1,642) 1,363 4,360
Equity in earnings 4,674 (994) (1,482)
Asset impairments 5,162 3,399 8,403
Non-cash interest expense 1,506 1,808 42,740
Deferred income taxes 474 3,703 (5,652)
Other adjustments to reconcile net (loss)/income 36 481 (1,455)
Changes in operating assets and liabilities:      
Trade accounts receivable (29,521) (22,106) 15,735
Inventories 7,195 (23,322) (5,075)
Other operating assets and liabilities 2,233 (4,275) 7,960
Cash (used in)/provided by operating activities of continuing operations     52,137
Cash provided by operating activities of discontinued operations     1,507
Net cash (used in)/provided by operating activities 29,271 (1,194) 53,644
Cash flows from investing activities:      
Proceeds from the sale of properties and equipment 45 15 4,519
Capital expenditures (22,580) (34,624) (10,730)
Business acquisitions, net of cash acquired   (528)  
Net cash (used in)/provided by investing activities (22,535) (35,137) (6,211)
Cash flows from financing activities:      
Borrowings on long-term debt 93,500 44,500 42,735
Payments on long-term debt (70,800) (25,524) (51,489)
Transactions with non-controlling interest owners (11,000)   (1,542)
Intercompany (19,632) (20,486) 900
Net cash provided by/(used in) financing activities (7,932) (1,510) (9,396)
Net increase/(decrease) in cash and cash equivalents (1,196) (37,841) 38,037
Cash and cash equivalents, beginning of period 1,331 39,172 1,135
Cash and cash equivalents, end of period 135 1,331 39,172
Quiksilver Inc [Member] | Non-Guarantor Subsidiaries [Member]
     
Cash flows from operating activities:      
Net (loss)/income 49,265 39,479 90,314
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:      
Income from discontinued operations     (345)
Depreciation and Amortization 33,142 33,079 30,848
Provision for doubtful accounts 6,236 7,369 10,947
Equity in earnings 282 (197) (524)
Asset impairments 2,072 82,974 3,254
Non-cash interest expense 689 15,917 12,663
Deferred income taxes (9,056) (31,951) 13,681
Other adjustments to reconcile net (loss)/income (6,092) (6,219) (1,892)
Changes in operating assets and liabilities:      
Trade accounts receivable (23,884) (11,879) 24,111
Inventories (11,679) (50,719) 7,967
Other operating assets and liabilities (34,399) 30,274 (15,561)
Cash (used in)/provided by operating activities of continuing operations     175,463
Cash provided by operating activities of discontinued operations     2,278
Net cash (used in)/provided by operating activities 6,576 108,127 177,741
Cash flows from investing activities:      
Proceeds from the sale of properties and equipment 8,153 12,531 109
Capital expenditures (39,113) (42,396) (32,873)
Changes in restricted cash     52,706
Business acquisitions, net of cash acquired (9,117) (5,050)  
Net cash (used in)/provided by investing activities (40,077) (34,915) 19,942
Cash flows from financing activities:      
Borrowings on lines of credit 15,139 30,070 16,581
Payments on lines of credit (12,641) (35,303) (27,021)
Borrowings on long-term debt 46,535 270,830 16,618
Payments on long-term debt (42,041) (259,152) (169,077)
Payments of debt and equity issuance costs   (6,391) (1,823)
Transactions with non-controlling interest owners     (3,632)
Intercompany (32,208) (40,592) (36,917)
Net cash provided by/(used in) financing activities (25,216) (40,538) (205,271)
Effect of exchange rate changes on cash (8,324) (5,526) (9,215)
Net increase/(decrease) in cash and cash equivalents (67,041) 27,148 (16,803)
Cash and cash equivalents, beginning of period 108,405 81,257 98,060
Cash and cash equivalents, end of period 41,364 108,405 81,257
Quiksilver Inc [Member] | Eliminations [Member]
     
Cash flows from operating activities:      
Net (loss)/income (69,404) (54,395) (53,494)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:      
Equity in earnings 69,898 51,060 51,881
Changes in operating assets and liabilities:      
Inventories $ (494) $ 3,335 $ 1,613