XML 26 R67.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information - Condensed Consolidating Statement of Cash Flows (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Cash flows from operating activities:    
Net (loss)/income $ 14,923 $ (30,624)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:    
Income (loss) from discontinued operations (37,617) (625)
Depreciation and amortization 10,545 11,943
Stock based compensation 5,063 7,336
Provision for doubtful accounts 1,662 1,248
Asset impairments 883 3,168
Equity in earnings 352 (11)
Non-cash interest expense 914 911
Deferred income taxes 5 1,135
Other adjustments to reconcile net (loss)/income 2,799 2,661
Changes in operating assets and liabilities:    
Trade accounts receivable 64,203 85,538
Inventories (32,663) (69,405)
Other operating assets and liabilities (35,185) (3,313)
Cash (used in)/provided by operating activities of continuing operations (4,116) 9,962
Cash (used in)/provided by operating activities of discontinued operations (7,195) 13,354
Net cash (used in)/provided by operating activities (11,311) 23,316
Cash flows from investing activities    
Capital expenditures (10,558) (12,100)
Changes in restricted cash (60,617)  
Cash used in investing activities of continuing operations (71,175) (12,100)
Cash provided by/(used in) investing activities of discontinued operations 76,719 (678)
Net cash (used in)/ provided by investing activities 5,544 (12,778)
Cash flows from financing activities:    
Borrowings on lines of credit   1,963
Payments on lines of credit   (8,042)
Borrowings on long-term debt 70,966 47,879
Payments on long term debt (50,370) (23,200)
Stock option exercises and employee stock purchases 3,138 3,319
Payments of debt issuance costs (335)  
Intercompany     
Cash provided by financing activities of continuing operations 23,399 21,919
Cash provided by financing activities of discontinued operations      
Net cash provided by/(used in) financing activities 23,399 21,919
Effect of exchange rate changes on cash (4,924) (5,919)
Net (decrease)/increase in cash and cash equivalents 12,708 26,538
Cash and cash equivalents, beginning of period 57,280 41,823
Cash and cash equivalents, end of period 69,988 68,361
Quiksilver, Inc. [Member]
   
Cash flows from operating activities:    
Net (loss)/income 15,387 (31,129)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:    
Income (loss) from discontinued operations      
Depreciation and amortization 585 445
Stock based compensation 5,063 7,336
Asset impairments      
Equity in earnings (35,932) 7,847
Non-cash interest expense 462 392
Other adjustments to reconcile net (loss)/income 35 154
Changes in operating assets and liabilities:    
Other operating assets and liabilities 12,141 1,707
Cash (used in)/provided by operating activities of continuing operations (2,259) (13,248)
Net cash (used in)/provided by operating activities (2,259) (13,248)
Cash flows from investing activities    
Capital expenditures (1,970) (1,708)
Cash used in investing activities of continuing operations (1,970) (1,708)
Net cash (used in)/ provided by investing activities (1,970) (1,708)
Cash flows from financing activities:    
Borrowings on lines of credit     
Payments on lines of credit     
Borrowings on long-term debt     
Payments on long term debt     
Stock option exercises and employee stock purchases 3,138 3,319
Payments of debt issuance costs (373)  
Intercompany 1,463 11,732
Cash provided by financing activities of continuing operations 4,228 15,051
Cash provided by financing activities of discontinued operations     
Net cash provided by/(used in) financing activities 4,228 15,051
Effect of exchange rate changes on cash     
Net (decrease)/increase in cash and cash equivalents (1) 95
Cash and cash equivalents, beginning of period 35 324
Cash and cash equivalents, end of period 34 419
QS Wholesale, Inc. [Member]
   
Cash flows from operating activities:    
Net (loss)/income 6,787 (135)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:    
Income (loss) from discontinued operations (23,922)   
Depreciation and amortization 2,589 2,789
Provision for doubtful accounts 1,088 226
Asset impairments      
Equity in earnings 74 (204)
Non-cash interest expense 239 330
Other adjustments to reconcile net (loss)/income (9)  
Changes in operating assets and liabilities:    
Trade accounts receivable 12,327 14,023
Inventories (9,271) (19,663)
Other operating assets and liabilities (11,998) 7,235
Cash (used in)/provided by operating activities of continuing operations (22,096) 4,601
Net cash (used in)/provided by operating activities (22,096) 4,601
Cash flows from investing activities    
Capital expenditures (2,397) (1,517)
Changes in restricted cash (60,214)  
Cash used in investing activities of continuing operations (62,611) (1,517)
Cash provided by/(used in) investing activities of discontinued operations 58,060  
Net cash (used in)/ provided by investing activities (4,551) (1,517)
Cash flows from financing activities:    
Borrowings on lines of credit     
Payments on lines of credit     
Borrowings on long-term debt 40,500 23,000
Payments on long term debt (18,500) (23,200)
Stock option exercises and employee stock purchases     
Payments of debt issuance costs 38  
Intercompany 8,134 (636)
Cash provided by financing activities of continuing operations 30,172 (836)
Cash provided by financing activities of discontinued operations     
Net cash provided by/(used in) financing activities 30,172 (836)
Effect of exchange rate changes on cash     
Net (decrease)/increase in cash and cash equivalents 3,525 2,248
Cash and cash equivalents, beginning of period 3,733 1,966
Cash and cash equivalents, end of period 7,258 4,214
Guarantor Subsidiaries [Member]
   
Cash flows from operating activities:    
Net (loss)/income 25,081 (13,837)
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:    
Income (loss) from discontinued operations (13,531) 170
Depreciation and amortization 1,330 1,220
Provision for doubtful accounts (209) (1,427)
Asset impairments 222 1,335
Other adjustments to reconcile net (loss)/income (219) (105)
Changes in operating assets and liabilities:    
Trade accounts receivable 13,169 35,553
Inventories (2,884) (6,439)
Other operating assets and liabilities (16,366) (13,751)
Cash (used in)/provided by operating activities of continuing operations 6,593 2,719
Cash (used in)/provided by operating activities of discontinued operations (1,861) 8,512
Net cash (used in)/provided by operating activities 4,732 11,231
Cash flows from investing activities    
Capital expenditures (1,299) (1,547)
Cash used in investing activities of continuing operations (1,299) (1,547)
Cash provided by/(used in) investing activities of discontinued operations 18,991 (33)
Net cash (used in)/ provided by investing activities 17,692 (1,580)
Cash flows from financing activities:    
Borrowings on lines of credit     
Payments on lines of credit     
Borrowings on long-term debt     
Payments on long term debt     
Stock option exercises and employee stock purchases     
Intercompany (24,659) (11,742)
Cash provided by financing activities of continuing operations (24,659) (11,742)
Cash provided by financing activities of discontinued operations     
Net cash provided by/(used in) financing activities (24,659) (11,742)
Effect of exchange rate changes on cash     
Net (decrease)/increase in cash and cash equivalents (2,235) (2,091)
Cash and cash equivalents, beginning of period 296 (1,831)
Cash and cash equivalents, end of period (1,939) (3,922)
Non-Guarantor Subsidiaries [Member]
   
Cash flows from operating activities:    
Net (loss)/income 12,867 5,574
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:    
Income (loss) from discontinued operations (164) (769)
Depreciation and amortization 6,041 7,489
Provision for doubtful accounts 783 2,449
Asset impairments 661 1,833
Equity in earnings 352 (11)
Non-cash interest expense 213 189
Deferred income taxes 5 1,135
Other adjustments to reconcile net (loss)/income 2,992 2,612
Changes in operating assets and liabilities:    
Trade accounts receivable 38,707 35,962
Inventories (29,849) (41,888)
Other operating assets and liabilities (18,962) 1,496
Cash (used in)/provided by operating activities of continuing operations 13,646 16,071
Cash (used in)/provided by operating activities of discontinued operations (5,334) 4,661
Net cash (used in)/provided by operating activities 8,312 20,732
Cash flows from investing activities    
Capital expenditures (4,892) (7,328)
Changes in restricted cash (403)  
Cash used in investing activities of continuing operations (5,295) (7,328)
Cash provided by/(used in) investing activities of discontinued operations (332) (645)
Net cash (used in)/ provided by investing activities (5,627) (7,973)
Cash flows from financing activities:    
Borrowings on lines of credit   1,963
Payments on lines of credit   (8,042)
Borrowings on long-term debt 30,466 24,879
Payments on long term debt (31,870)   
Stock option exercises and employee stock purchases     
Intercompany 15,062 646
Cash provided by financing activities of continuing operations 13,658 19,446
Cash provided by financing activities of discontinued operations     
Net cash provided by/(used in) financing activities 13,658 19,446
Effect of exchange rate changes on cash (4,924) (5,919)
Net (decrease)/increase in cash and cash equivalents 11,419 26,286
Cash and cash equivalents, beginning of period 53,216 41,364
Cash and cash equivalents, end of period 64,635 67,650
Eliminations [Member]
   
Cash flows from operating activities:    
Net (loss)/income (45,199) 8,903
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities:    
Income (loss) from discontinued operations    (26)
Asset impairments      
Equity in earnings 35,858 (7,643)
Changes in operating assets and liabilities:    
Inventories 9,341 (1,415)
Cash (used in)/provided by operating activities of continuing operations   (181)
Cash (used in)/provided by operating activities of discontinued operations   181
Cash flows from financing activities:    
Borrowings on lines of credit     
Payments on lines of credit     
Borrowings on long-term debt     
Payments on long term debt     
Stock option exercises and employee stock purchases     
Intercompany     
Cash provided by financing activities of continuing operations     
Cash provided by financing activities of discontinued operations     
Net cash provided by/(used in) financing activities     
Effect of exchange rate changes on cash     
Net (decrease)/increase in cash and cash equivalents     
Cash and cash equivalents, beginning of period      
Cash and cash equivalents, end of period