Restatement of Prior Period Financial Statements (Tables)

9 Months Ended

Jul. 31, 2015

Accounting Changes and Error Corrections [Abstract]

Schedule of Error Corrections

The table below is a summary of the impact of these corrections on selected balance sheet data:

	October 31, 2014
In thousands	As Previously Reported			As Restated
Trade accounts receivable	$	319,840		$	311,014
Inventories	278,780			284,517
Total current assets	744,089			741,000
Assets held for sale, net of current portion	2,987			5,394
Total assets	1,256,664			1,255,982
Income taxes payable	1,156			1,124
Current portion of assets held for sale	12,640			13,266
Total current liabilities	349,793			350,387
Total liabilities	1,199,154			1,199,748
Accumulated deficit	(585,263		)	(587,407		)
Accumulated other comprehensive income	57,298			57,288
Total Quiksilver, Inc. stockholders' equity	56,030			53,876
Non-controlling interest	1,480			2,358
Total equity	57,510			56,234
Selected Segment Data:
Americas identifiable assets	$	467,920		$	464,831
EMEA identifiable assets	510,896			513,303

The table below is a summary of the impact of these corrections on selected statements of operations data:

	Three Months Ended July 31, 2014						Nine Months Ended July 31, 2014
In thousands	As Previously Reported			As Restated			As Previously Reported			As Restated
Revenues, net	$	380,016		$	378,215		$	1,169,749		$	1,170,066
Gross profit	181,701			181,071			575,890			576,001
Operating loss	(202,050		)	(202,680		)	(225,032		)	(224,921		)
Loss from continuing operations	(217,802		)	(218,309		)	(278,313		)	(278,079		)
Net loss attributable to Quiksilver, Inc.	(220,085		)	(220,592		)	(257,759		)	(257,525		)
Net loss per share attributable to Quiksilver, Inc.	$	(1.29	)	$	(1.29	)	$	(1.51	)	$	(1.51	)
Selected Americas Segment Data:
Revenues, net	$	191,357		$	189,556		$	550,949		$	551,266
Gross margin	76,983			76,353			231,065			231,176
Operating loss	(12,284		)	(12,914		)	(48,877		)	(48,766		)