10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

FORM 10-Q/A

(Amendment No. 1)

(Mark One)

[X]	Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2012
OR
[  ]	Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from  to

Commission File number 0-18490

	K•SWISS INC.
	(Exact name of registrant as specified in its charter)
Delaware		95-4265988
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)
31248 Oak Crest Drive, Westlake Village, California		91361
(Address of principal executive offices)		(Zip code)
	818-706-5100
	(Registrant’s telephone number, including area code)
	N/A
	(Former name, former address and former fiscal year, if changed since last report.)

Indicate by check mark whether the registrant:  (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes [X]  No [  ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X]  No [  ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.  (Check one):

Large accelerated filer [  ]	Accelerated filer [X]	Non-accelerated filer [  ]	Smaller reporting company [  ]
		(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes [  ]  No [X]

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Shares of common stock outstanding at August 1, 2012:

Class A Class B 27,561,304 8,039,524

1

EXPLANATORY NOTE

The sole purpose of this amendment to K•Swiss Inc.’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2012, filed with the Securities and Exchange Commission on August 2, 2012 (the “Form 10-Q”), is to furnish Exhibit 101, which contains the XBRL (eXtensible Business Reporting Language) Interactive Data File for the financial statements and notes included in Part I, Item 1 of the Form 10-Q.

Under Rule 405(a)(2)(ii) of Regulation S-T, this Exhibit 101 is permitted to be furnished by amendment within 30 days of the original filing date of the Form 10-Q.

No other changes have been made to the Form 10-Q.  This amendment speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date and does not modify or update in any way disclosures made in the Form 10-Q.

Pursuant to rule 406T of Regulation S-T, Exhibit 101 is deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Act of 1934, as amended, and otherwise is not subject to liability under those sections.

Item 6.    Exhibits

3.1 Second Amended and Restated Bylaws of K•Swiss Inc. (incorporated by reference to exhibit 3.1 to the Registrant’s Form 8-K filed with the S.E.C. on March 27, 2009)

3.2 Amended and Restated Certificate of Incorporation of K•Swiss Inc. (incorporated by reference to exhibit 3.2 to the Registrant’s Form 10-K for fiscal year ended December 31, 2004)

4.1 Certificate of Designations of Class A Common Stock of K•Swiss Inc. (incorporated by reference to exhibit 3.2 to the Registrant’s Form S-1 Registration Statement No. 33-34369)

4.2 Certificate of Designations of Class B Common Stock of K•Swiss Inc. (incorporated by reference to exhibit 3.3 to the Registrant’s Form S-1 Registration Statement No. 33-34369)

4.3 Specimen K•Swiss Inc. Class A Common Stock Certificate (incorporated by reference to exhibit 4.1 to the Registrant’s Form S-1 Registration Statement No. 33-34369)

4.4 Specimen K•Swiss Inc. Class B Common Stock Certificate (incorporated by reference to exhibit 4.2 to the Registrant’s Form S-1 Registration Statement No. 33-34369)

10.1 K•Swiss Inc. 1990 Stock Incentive Plan, as amended through October 28, 2002 (incorporated by reference to exhibit 10.1 to the Registrant’s Form 10-K for the year ended December 31, 2002)

10.2 Form of Amendment No. 1 to K•Swiss Inc. Employee Stock Option Agreement Pursuant to the 1990 Stock Incentive Plan (incorporated by reference to exhibit 10.2 to the Registrant’s Form 10-K for the year ended December 31, 2002)

10.3 K•Swiss Inc. 1999 Stock Incentive Plan, as amended through October 26, 2004 (incorporated by reference to exhibit 4.1 to the Registrant’s Form S-8 filed with the S.E.C. on February 23, 2005)

10.4 Form of Amendment No. 1 to K•Swiss Inc. Employee Stock Option Agreement Pursuant to the 1999 Stock Incentive Plan (incorporated by reference to exhibit 10.4 to the Registrant’s Form 10-K for the year ended December 31, 2002)

10.5 K•Swiss Inc. 2009 Stock Incentive Plan (incorporated by reference to exhibit 99.1 to the Registrant’s Registration Statement on Form S-8 filed with the S.E.C. on May 22, 2009)

10.6 K•Swiss Inc. Employee Stock Option Agreement (Officers) Pursuant to the 2009 Stock Incentive Plan (incorporated by reference to exhibit 10.2 to the Registrant’s Form 8-K filed with the S.E.C. on May 22, 2009)

2

10.7 K•Swiss Inc. Non-Employee Director Stock Option Agreement Pursuant to the 2009 Stock Incentive Plan (incorporated by reference to exhibit 10.3 to the Registrant’s Form 8-K filed with the S.E.C. on May 22, 2009)

10.8 K•Swiss Inc. Profit Sharing Plan, as amended (incorporated by reference to exhibit 10.3 to the Registrant’s Form S-1 Registration Statement No. 33-34369)

10.9 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan (incorporated by reference to exhibit 10.35 to the Registrant’s Form 10-K for the year ended December 31, 1993)

10.10 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated May 26, 1994 (incorporated by reference to exhibit 10.32 to the Registrant’s Form 10-K for the year ended December 31, 1994)

10.11 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated January 1, 2000 (incorporated by reference to exhibit 10.30 to the Registrant’s Form 10-K for the year ended December 31, 1999)

10.12 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated January 23, 2002 (incorporated by reference to exhibit 10 to the Registrant’s Form 10-Q for the quarter ended March 31, 2002)

10.13 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated January 10, 2003 (incorporated by reference to exhibit 10.23 to the Registrant’s Form 10-Q for the quarter ended June 30, 2003)

10.14 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated October 9, 2003 (incorporated by reference to exhibit 10.11 to the Registrant’s Form 10-Q for the quarter ended June 30, 2004)

10.15 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated May 23, 2005 (incorporated by reference to exhibit 10.12 to the Registrant’s Form 10-Q for the quarter ended June 30, 2005)

10.16 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated June 1, 2005 (incorporated by reference to exhibit 10.13 to the Registrant’s Form 10-Q for the quarter ended June 30, 2005)

10.17 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated January 1, 2007 (incorporated by reference to exhibit 10.14 to the Registrant’s Form 10-Q for the quarter ended March 31, 2007)

10.18 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated December 31, 2007 (incorporated by reference to exhibit 10.15 to the Registrant’s Form 10-K for the year ended December 31, 2007)

10.19 Amendment to K•Swiss Inc. 401(k) and Profit Sharing Plan dated August 1, 2009 (incorporated by reference to exhibit 10.19 to the Registrant’s Form 10-Q for the quarter ended September 30, 2009)

10.20 Form of Indemnity Agreement entered into by and between K•Swiss Inc. and directors (incorporated by reference to exhibit 10.4 to the Registrant’s Form S-1 Registration Statement No. 33-34369)

10.21 Employment Agreement between the Registrant and Steven B. Nichols dated as of December 22, 2010 (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on December 23, 2010)

10.22 Lease Agreement dated March 11, 1997 by and between K•Swiss Inc. and Space Center Mira Loma, Inc. (incorporated by reference to exhibit 10 to the Registrant’s Form 10-Q for the quarter ended March 31, 1997)

10.23 Amendment No. 2 to Lease Agreement entered into on March 11, 1997 between K•Swiss Inc. and Space Center Mira Loma, Inc. dated July 1, 2008 (incorporated by reference to exhibit 10.19 to the Registrant’s Form 10-Q for the quarter ended June 30, 2008)

10.24 Loan Agreement dated June 30, 2010, between K•Swiss Inc. and Bank of America, N.A. (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on July 2, 2010)

3

10.25 First Amendment to Loan Agreement dated April 18, 2011 between K•Swiss Inc., K•Swiss Sales Corp. and Bank of America, N.A. (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on April 21, 2011)

10.26 Second Amendment to Loan Agreement dated January 24, 2012 between K•Swiss Inc., K•Swiss Sales Corp. and Bank of America, N.A. (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on January 25, 2012)

10.27 K•Swiss Inc. Deferred Compensation Plan, Master Plan Document (incorporated by reference to exhibit 10.1 to the Registrant’s Form 10-Q for the quarter ended March 31, 1998)

10.28 K•Swiss Inc. Deferred Compensation Plan, Master Trust Agreement (incorporated by reference to exhibit 10.2 to the Registrant’s Form 10-Q for the quarter ended March 31, 1998)

10.29 K•Swiss Inc. Directors’ Deferred Compensation Plan effective December 31, 2007 (incorporated by reference to exhibit 10.24 to the Registrant’s Form 10-K for the year ended December 31, 2007)

10.30 Share Purchase and Shareholders’ Rights Agreement, dated as of May 16, 2008 by and among Christophe Mortemousque, Palladium SAS and K•Swiss Inc. (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on May 22, 2008)

10.31 Assignment and Assumption Agreement, dated as of March 28, 2008, by and between Palladium SAS and K•Swiss Inc. (incorporated by reference to exhibit 10.2 to the Registrant’s Form 8-K filed with the S.E.C. on May 22, 2008)

10.32 Amendment No. 1 to Share Purchase and Shareholders’ Rights Agreement, dated June 2, 2009 by and among Christophe Mortemousque, Palladium SAS and K•Swiss Inc. (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on June 4, 2009)

10.33 Amendment No. 2 to Share Purchase and Shareholders’ Rights Agreement, dated May 1, 2010 by and among Christophe Mortemousque, Palladium SAS and K•Swiss Inc. (incorporated by reference to exhibit 10.35 to the Registrant’s Form 10-Q for the quarter ended March 31, 2010)

10.34 Amendment No. 3 to Share Purchase and Shareholders’ Rights Agreement, dated July 9, 2012 by and among Christophe Mortemousque, Palladium SAS and K•Swiss Inc. (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on July 12, 2012)

10.35 Credit Agreement dated April 25, 2012 between K•Swiss Inc., K•Swiss Sales Corp. and K•Swiss Direct Inc. and Wells Fargo Bank, National Association and Wells Fargo Capital Finance, LLC (incorporated by reference to exhibit 10.1 to the Registrant’s Form 8-K filed with the S.E.C. on April 30, 2012)

10.36 Guaranty and Security Agreement, dated as of April 25, 2012, among the persons listed on the signature pages thereto as “Grantors” and those additional entities that thereafter become parties thereto by executing a Joinder thereto, and Wells Fargo Bank, National Association, in its capacity as administrative agent for the Lender Group and Bank Product Providers (incorporated by reference to exhibit 10.2 to the Registrant’s Form 8-K filed with the S.E.C. on April 30, 2012)

14.1 K•Swiss Inc. Code of Ethics for the Chief Executive Officer, Senior Financial Officers and Board of Directors (incorporated by reference to exhibit 14 to the Registrant’s Form 10-K for the year ended December 31, 2003)

14.2 K•Swiss Inc. Code of Ethics for Directors, Officers and Employees (incorporated by reference to exhibit 14.2 to the Registrant’s Form 10-Q for the quarter ended March 31, 2004)

31.1+ Certification of President and Chief Executive Officer Pursuant to Exchange Act Rule 13a-14

31.2+ Certification of Chief Financial Officer Pursuant to Exchange Act Rule 13a-14

32++ Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

4

101.INS XBRL Instance Document*

101.SCH XBRL Taxonomy Extension Schema Document*

101.CAL XBRL Taxonomy Extension Calculation Linkbase Document*

101.DEF XBRL Taxonomy Extension Definition Linkbase Document*

101.LAB XBRL Taxonomy Extension Label Linkbase Document*

101.PRE XBRL Taxonomy Extension Presentation Linkbase Document*

+ Previously filed as an exhibit to the Company’s quarterly report on Form 10-Q for the period ended June 30, 2012, filed with the Securities and Exchange Commission on August 2, 2012.

++ Previously furnished as an exhibit to the Company’s quarterly report on Form 10-Q for the period ended June 30, 2012, filed with the Securities and Exchange Commission on August 2, 2012.

* Pursuant to applicable securities laws and regulations, the Company is deemed to have complied with the reporting obligation relating to the submission of interactive data files in such exhibits and is not subject to liability under any anti-fraud provisions of the federal securities laws as long as the Company has made a good faith attempt to comply with the submission requirements and promptly amends the interactive data files after becoming aware that the interactive data files fails to comply with the submission requirements.  Users of this data are advised that, pursuant to Rule 406T, these interactive data files are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, or Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability.

5

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 thereunto duly authorized.

	K•Swiss Inc.
Date:  August 15, 2012	By:	/s/ George Powlick
		George Powlick, Vice President Finance, Chief Administrative Officer and Chief Financial Officer

6

EXHIBIT INDEX

Exhibit

101.INS XBRL Instance Document*

101.SCH XBRL Taxonomy Extension Schema Document*

101.CAL XBRL Taxonomy Extension Calculation Linkbase Document*

101.DEF XBRL Taxonomy Extension Definition Linkbase Document*

101.LAB XBRL Taxonomy Extension Label Linkbase Document*

101.PRE XBRL Taxonomy Extension Presentation Linkbase Document*

* Pursuant to applicable securities laws and regulations, the Company is deemed to have complied with the reporting obligation relating to the submission of interactive data files in such exhibits and is not subject to liability under any anti-fraud provisions of the federal securities laws as long as the Company has made a good faith attempt to comply with the submission requirements and promptly amends the interactive data files after becoming aware that the interactive data files fails to comply with the submission requirements.  Users of this data are advised that, pursuant to Rule 406T, these interactive data files are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, or Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability.

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Note 4 - Investments Available for Sale (Detail) - Unrealized Holding Gains (Losses) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2011
Gross unrealized holding gains	$ 24
Gross unrealized holding losses	$ 2

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Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Long-Term Capital Leases Outstanding (Parentheticals)	Jun. 30, 2012
Minimum [Member]
Capital Lеasеs Intеrеst Ratе Minimum and Maximum	2.01%
Capital Lеasеs Maturity Datе Minimum and Maximum	Dec. 31, 2014
Maximum [Member]
Capital Lеasеs Intеrеst Ratе Minimum and Maximum	5.05%
Capital Lеasеs Maturity Datе Minimum and Maximum	Dec. 31, 2016

XML

Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Bank Lines of Credit, Long-Term Debt, Long-Term Capital Leases and Outstanding Letters of Credit (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Bank lines of credit	$ 1,539	$ 9,716
Long-term debt	152	398
Long-term capital leases	145	0
Total bank lines of credit, long-term debt and long-term capital leases	1,836	10,114
Outstanding letters of credit, not included above	$ 294	$ 280

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Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Interest Expense Incurred on Bank Loans, Lines of Credit and Capital Leases (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Interest expense	$ 65	$ 56	$ 140	$ 71

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Note 6 - Financial Risk Management and Derivatives (Detail) - The Effect of the Company’s Derivatives on its Consolidated Statements of Earnings/Loss (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Foreign exchange contracts	$ 842	$ 187	$ 295	$ (779)
Foreign exchange contracts	(232)	(409)	(537)	(124)
Foreign exchange contracts	$ 10	$ (19)	$ 52	$ (25)

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Note 2 - Loss per Share (Detail) - Antidilutive Securities (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Minimum [Member]
Options to purchase shares of common stock (in Shares)	3,869	1,160	3,869	1,160
Exercise prices	$ 2.76	$ 11.52	$ 2.76	$ 11.52
Expiration dates	July 2012 to June 2022	May 2012 to April 2021	July 2012 to June 2022	May 2012 to April 2021
Maximum [Member]
Exercise prices	$ 34.75	$ 34.75	$ 34.75	$ 34.75

XML

Note 8 - Fair Value of Financial Instruments (Detail) - Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis (USD $)	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010
Forward exchange contracts – assets	$ 581,000		$ 1,321,000
Forward exchange contracts – liabilities	249,000		306,000
Contingent purchase price (“CPP”) – Palladium	3,702,000	4,397,000	3,739,000	4,148,000	3,960,000	3,689,000
Estimate of Fair Value, Fair Value Disclosure [Member]
Forward exchange contracts – assets	581,000
Forward exchange contracts – liabilities	249,000
Contingent purchase price (“CPP”) – Palladium	3,702,000
Fair Value, Inputs, Level 1 [Member]
Forward exchange contracts – assets	0
Forward exchange contracts – liabilities	0
Contingent purchase price (“CPP”) – Palladium	0
Fair Value, Inputs, Level 2 [Member]
Forward exchange contracts – assets	581,000
Forward exchange contracts – liabilities	249,000
Contingent purchase price (“CPP”) – Palladium	0
Fair Value, Inputs, Level 3 [Member]
Forward exchange contracts – assets	0
Forward exchange contracts – liabilities	0
Contingent purchase price (“CPP”) – Palladium	$ 3,702,000

XML

Note 6 - Financial Risk Management and Derivatives (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

	Asset Derivatives					Liability Derivatives
	Balance Sheet	June 30, 2012		December 31, 2011		Balance Sheet	June 30, 2012		December 31, 2011
	Location	Fair Value		Fair Value		Location	Fair Value		Fair Value
Derivatives Designated as Hedging Instruments
Foreign exchange contracts	Prepaid expenses and other current assets	$	581	$	1,321	Accrued liabilities	$	249	$	306

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

Derivatives in	Amount of Gain/(Loss) Recognized in Other Comprehensive Earnings (“OCE”) on Derivative (Effective Portion)					Location of Gain/(Loss) Reclassified from OCE	Amount of Gain/(Loss) Reclassified from OCE into Income (Effective Portion)						Location of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount	Amount of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Cash Flow Hedging	Six Months Ended June 30,					into Income (Effective	Six Months Ended June 30,						Excluded from Effectiveness	Six Months Ended June 30,
Relationships	2012		2011			Portion)	2012			2011			Testing)	2012		2011
Foreign exchange contracts	$	295	$	(779	)	Cost of goods sold	$	(537	)	$	(124	)	Selling, general and administrative expenses	$	52	$	(25	)

Derivatives in	Amount of Gain/(Loss) Recognized in Other Comprehensive Earnings (“OCE”) on Derivative (Effective Portion)				Location of Gain/(Loss) Reclassified from OCE	Amount of Gain/(Loss) Reclassified from OCE into Income (Effective Portion)						Location of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount	Amount of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Cash Flow Hedging	Three Months Ended June 30,				into Income (Effective	Three Months Ended June 30,						Excluded from Effectiveness	Three Months Ended June 30,
Relationships	2012		2011		Portion)	2012			2011			Testing)	2012		2011
Foreign exchange contracts	$	842	$	187	Cost of goods sold	$	(232	)	$	(409	)	Selling, general and administrative expenses	$	10	$	(19	)

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Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Outstanding Bank Lines of Credit (Parentheticals)																6 Months Ended	12 Months Ended	6 Months Ended	12 Months Ended	6 Months Ended	12 Months Ended
	Apr. 23, 2016 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2012 EUR (€)	Jun. 30, 2012 Minimum [Member] Bank Line Of Credit Four [Member]	Dec. 31, 2011 Minimum [Member] Bank Line Of Credit Four [Member]	Jun. 30, 2012 Maximum [Member] Bank Line Of Credit Four [Member]	Dec. 31, 2011 Maximum [Member] Bank Line Of Credit Four [Member]	Jun. 30, 2012 Euros [Member] BankLineOfCreditThree[Member] EUR (€)	Dec. 31, 2011 Euros [Member] BankLineOfCreditThree[Member] EUR (€)	Jun. 30, 2012 Euros [Member] Bank Line Of Credit Four [Member] EUR (€)	Dec. 31, 2011 Euros [Member] Bank Line Of Credit Four [Member] EUR (€)	Jun. 30, 2012 US Dollar [Member] BankLineOfCreditThree[Member] USD ($)	Dec. 31, 2011 US Dollar [Member] BankLineOfCreditThree[Member] USD ($)	Jun. 30, 2012 US Dollar [Member] Bank Line Of Credit Four [Member] USD ($)	Dec. 31, 2011 US Dollar [Member] Bank Line Of Credit Four [Member] USD ($)	Jun. 30, 2012 Bank Line Of Credit One [Member] USD ($)	Dec. 31, 2011 Bank Line Of Credit Two [Member] USD ($)	Jun. 30, 2012 BankLineOfCreditThree[Member]	Dec. 31, 2011 BankLineOfCreditThree[Member]	Jun. 30, 2012 Bank Line Of Credit Four [Member]	Dec. 31, 2011 Bank Line Of Credit Four [Member]
Bank line of credit (in Dollars)	$ 35,000,000	$ 1,519,000	€ 1,200,000					€ 4,000,000	€ 4,000,000	€ 1,000,000	€ 1,000,000	$ 5,064,000	$ 5,182,000	$ 1,266,000	$ 1,296,000	$ 35,000,000	$ 21,000,000
Bank line of credit interest rate																4.50%	2.69%	1.34%	2.13%
Bank line of credit due date																Apr. 23, 2016	Jul. 01, 2013	Dec. 31, 2012	Dec. 31, 2011	Jun. 30, 2012	Dec. 31, 2011
Facility line of credit (in Euro)	$ 35,000,000	$ 1,519,000	€ 1,200,000					€ 4,000,000	€ 4,000,000	€ 1,000,000	€ 1,000,000	$ 5,064,000	$ 5,182,000	$ 1,266,000	$ 1,296,000	$ 35,000,000	$ 21,000,000
Facilities interest rate Minimum				1.85%	2.56%
Facilities interest rate Maximum						2.83%	3.12%

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Note 5 - Intangible Assets (Detail) - Intangible Assets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011
Trademarks	$ 12,520		$ 12,569
Less accumulated amortization	(1,087)		(1,087)
Total intangible assets	$ 11,433	$ 11,547	$ 11,482

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Note 3 - Restricted Cash and Cash Equivalents and Restricted Investments Available for Sale (Detail) - Sales Of Restricted Investments (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
Proceeds from sale of restricted investments	$ 2,015
Realized gain on sale of restricted investments	$ 3

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Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Long-Term Debt Outstanding (Parentheticals) In Thousands, unless otherwise specified					6 Months Ended	12 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2012 Secured Fixed Rate Term Loans Borrowing Limits in Euros [Member] EUR (€)	Dec. 31, 2011 Secured Fixed Rate Term Loans Borrowing Limits in Euros [Member] EUR (€)	Jun. 30, 2012 Secured Fixed Rate Term Loans Borrowing Limits in US Dollars [Member] USD ($)	Dec. 31, 2011 Secured Fixed Rate Term Loans Borrowing Limits in US Dollars [Member] USD ($)	Jun. 30, 2012 Minimum [Member]	Dec. 31, 2011 Minimum [Member]	Jun. 30, 2012 Maximum [Member]	Dec. 31, 2011 Maximum [Member]
Sеcurеd Fixеd Ratе Tеrm Loan Borrowing Capacity (in Euro)	€ 1,100	€ 1,320	$ 1,393	$ 1,710
Sеcurеd Fixеd Ratе Tеrm Loan Borrowing Capacity (in Dollars)	€ 1,100	€ 1,320	$ 1,393	$ 1,710
Sеcurеd Fixеd Ratе Tеrm Loan Intеrеst Ratе Minimum					5.42%	5.42%
Sеcurеd Fixеd Ratе Tеrm Loan Intеrеst Ratе Maximum							5.60%	5.84%
Sеcurеd Fixеd Ratе Tеrm Loan Minimum Maturity Datе					Jul. 31, 2012	Feb. 29, 2012
Sеcurеd Fixеd Ratе Tеrm Loan Maximum Maturity Datе							Feb. 28, 2013	Feb. 28, 2013

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Note 13 - Form Athletics (Detail) (USD $)	3 Months Ended
	Jun. 30, 2011
Goodwill And Other Impairment Charges	$ 3,689,000
Form Athletics [Member]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$ (2,110,000)

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Note 10 - Segment Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Sales Concentration One Customer Threshold	10.00%	10.00%	10.00%	10.00%
AR Concentration One Customer	12.00%		12.00%		10.00%

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Note 7 - Bank Lines of Credit and Other Debt (Detail)	6 Months Ended
	Jun. 30, 2012 USD ($)	Apr. 23, 2016 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2012 EUR (€)	Apr. 25, 2012 USD ($)	Apr. 23, 2016 Line Of Credit Facility Less Than Fifty Percent Of Maximum Borrowing Capacity Member Base Rate Loans [Member]	Apr. 23, 2016 Line Of Credit Facility Less Than Fifty Percent Of Maximum Borrowing Capacity Member LIBOR Rate [Member]	Apr. 23, 2016 Line Of Credit Facility Less Than Fifty Percent Of Maximum Borrowing Capacity Member Euros Or Pound Sterling Rate [Member]	Apr. 23, 2016 Line Of Credit Facility Less Than Fifty Percent Of Maximum Borrowing Capacity Member	Apr. 23, 2016 Line Of Credit Facility Greater Than Fifty Percent Of Maximum Borrowing Capacity Member Base Rate Loans [Member]	Apr. 23, 2016 Line Of Credit Facility Greater Than Fifty Percent Of Maximum Borrowing Capacity Member LIBOR Rate [Member]	Apr. 23, 2016 Line Of Credit Facility Greater Than Fifty Percent Of Maximum Borrowing Capacity Member Euros Or Pound Sterling Rate [Member]	Apr. 23, 2016 Line Of Credit Facility Greater Than Fifty Percent Of Maximum Borrowing Capacity Member	Apr. 23, 2016 LIBOR [Member]	Apr. 23, 2016 Federal Funds Rate [Member]
Line of Credit Facility, Remaining Borrowing Capacity (in Dollars)	$ 20,530,000
Line Of Credit Facility Maturity Term	6 months
Line of Credit Facility, Maximum Borrowing Capacity (in Euro and Dollars)		35,000,000	1,519,000	1,200,000
Letters Of Credit Maximum Borrowing Capacity (in Dollars)		5,000,000
Debt Instrument, Basis Spread on Variable Rate														1.00%	0.50%
Fifty Percent Of Line Of Credit Facility Maximum Borrowing Capacity									50.00%				50.00%
Debt Instrument, Interest Rate, Stated Percentage						1.25%	2.25%	3.00%		1.50%	2.50%	3.25%
Eligible Accounts Receivable Percentage		85.00%
Eligible Extended Pay Accounts Percentage		85.00%
Line Of Credit AR Limit Value (in Dollars)		1,500,000
Lineof Credit Inventory Value Ceiling (in Dollars)		20,000,000
Line Of Credit Facility Percentage Of Eligible Inventory		65.00%
Line Of Credit Facility Net Recovery Percentage		85.00%
Line Of Credit Inventory Reserve Amount (in Dollars)		3,500,000
Credit Facility Covenant Capital Expenditures (in Dollars)		2,400,000
Twenty Percent Of Line Of Credit Facility Maximum Borrowing Capacity		20.00%
Repayments On Lines Of Credit (in Dollars)					$ 9,924,000

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Note 3 - Restricted Cash and Cash Equivalents and Restricted Investments Available for Sale

6 Months Ended

Jun. 30, 2012

Restricted Cash And Investments Current Item Description [Text Block]

3.   Restricted Cash and Cash Equivalents and Restricted Investments Available for Sale

At June 30, 2012, the Company collateralized certain operational bank accounts at Bank of America and at December 31, 2011, the Company collateralized its Bank of America line of credit with the following (in thousands):

	June 30, 2012		December 31, 2011
Restricted cash and cash equivalents	$	750	$	13,449
Restricted investments available for sale:
U.S. Treasury Notes		0		5,007
Corporate Notes and Bonds		0		4,062
Accrued interest income		0		84
Total restricted investments available for sale		0		9,153
Total restricted cash and cash equivalents and restricted investments available for sale	$	750	$	22,602

The restricted investments were classified as available for sale and were stated at fair value. The Company capitalized any premiums paid or discounts received and amortized the premiums or accreted the discounts on a straight-line basis over the remaining term of the security. Gross unrealized holding gains and losses were as follows (in thousands):

	June 30, 2011
Gross unrealized holding gains	$	36
Gross unrealized holding losses		4

The change in comprehensive income was as follows (in thousands):

	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
(Decrease)/increase in comprehensive income	$	(3	)	$	(13	)	$	(1	)	$	2

The Company received proceeds from the sale of restricted investments available for sale and realized gain on sale as follows (in thousands):

	Six and Three Months Ended June 30, 2012
Proceeds from sale of restricted investments	$	2,015
Realized gain on sale of restricted investments		3

There were no sales of restricted investments available for sale during the six and three months ended June 30, 2011.  Realized gains and losses are recognized using the actual cost of the investment.

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Note 10 - Segment Information (Detail) - Schedule of Segment Reporting (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2012		Jun. 30, 2011		Jun. 30, 2012		Jun. 30, 2011
Revenues from unrelated entities (1):
Revenues	$ 44,752	[1]	$ 65,297	[1]	$ 114,070	[1]	$ 137,738	[1]
Inter-geographic revenues:
Inter-geographic revenues	(995)		(2,799)		(3,649)		(4,146)
Inter-geographic revenues	(995)		(2,799)		(3,649)		(4,146)
Operating (loss)/profit:
Operating (loss)/profit	(11,318)		(16,276)		(16,424)		(27,307)
United States [Member]
Revenues from unrelated entities (1):
Revenues from unrelated entities	18,748	[1]	32,404	[1]	39,560	[1]	63,684	[1]
Inter-geographic revenues:
Inter-geographic revenues	950		1,316		3,557		2,564
Inter-geographic revenues	950		1,316		3,557		2,564
Total revenues:
Total revenues	19,698		33,720		43,117		66,248
Operating (loss)/profit:
Operating (loss)/profit	(5,942)		(7,187)		(12,532)		(16,233)
EMEA [Member]
Revenues from unrelated entities (1):
Revenues from unrelated entities	13,805	[1]	19,239	[1]	44,864	[1]	42,724	[1]
Inter-geographic revenues:
Inter-geographic revenues	12		1,446		26		1,446
Inter-geographic revenues	12		1,446		26		1,446
Total revenues:
Total revenues	13,817		20,685		44,890		44,170
Operating (loss)/profit:
Operating (loss)/profit	(3,342)		(6,634)		(1,221)		(8,857)
Other International [Member]
Revenues from unrelated entities (1):
Revenues from unrelated entities	12,199	[1]	13,654	[1]	29,646	[1]	31,330	[1]
Inter-geographic revenues:
Inter-geographic revenues	33		37		66		136
Inter-geographic revenues	33		37		66		136
Total revenues:
Total revenues	12,232		13,691		29,712		31,466
Operating (loss)/profit:
Operating (loss)/profit	82		1,188		2,238		5,322
Inter Geographic Revenues [Member]
Inter-geographic revenues:
Inter-geographic revenues	995		2,799		3,649		4,146
Inter-geographic revenues	995		2,799		3,649		4,146
Corporate Expenses [Member]
Operating (loss)/profit:
Operating (loss)/profit	(2,430)	[2]	(3,687)	[2]	(5,771)	[2]	(7,668)	[2]
Intersegment Elimination [Member]
Operating (loss)/profit:
Operating (loss)/profit	$ 314		$ 44		$ 862		$ 129

[1] Revenue is attributable to geographic regions based on the location of the Company's subsidiaries.

[2] Corporate expenses include expenses such as salaries and related expenses for executive management and support departments such as accounting and treasury, information technology and legal which benefit the entire Company and are not segment/region specific. Corporate expenses for the nine and three months ended September 30, 2011 decreased as a result of a decrease in legal and data processing expenses, offset by an increase in compensation expenses for the nine months ended September 30, 2011. The decrease in legal expenses was a result of decreases in expenses incurred to defend the Company's trademarks. The decrease in data processing expenses was a result of decreases in on-going maintenance expenses. The increase in compensation expenses, which includes bonus/incentive related expenses and employee recruiting and relocation expenses, resulted from a reserve of an employee receivable and an increase in headcount, offset by a decrease in stock option compensation expense.

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Note 5 - Intangible Assets (Detail) - Change in the Carrying Amount of Intangible Assets (USD $) In Thousands, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012
Beginning Balance	$ 11,547	$ 11,482
Ending Balance	11,433	11,433
Foreign currency translation effects	$ (114)	$ (49)

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Note 10 - Segment Information (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Revenues from unrelated entities (1):
United States	$	39,560		$	63,684		$	18,748		$	32,404
EMEA		44,864			42,724			13,805			19,239
Other International		29,646			31,330			12,199			13,654
Total revenues from unrelated entities	$	114,070		$	137,738		$	44,752		$	65,297
Inter-geographic revenues:
United States	$	3,557		$	2,564		$	950		$	1,316
EMEA		26			1,446			12			1,446
Other International		66			136			33			37
Total inter-geographic revenues	$	3,649		$	4,146		$	995		$	2,799
Total revenues:
United States	$	43,117		$	66,248		$	19,698		$	33,720
EMEA		44,890			44,170			13,817			20,685
Other International		29,712			31,466			12,232			13,691
Less inter-geographic revenues		(3,649	)		(4,146	)		(995	)		(2,799	)
Total revenues	$	114,070		$	137,738		$	44,752		$	65,297
Operating (loss)/profit:
United States	$	(12,532	)	$	(16,233	)	$	(5,942	)	$	(7,187	)
EMEA		(1,221	)		(8,857	)		(3,342	)		(6,634	)
Other International		2,238			5,322			82			1,188
Less corporate expenses (2)		(5,771	)		(7,668	)		(2,430	)		(3,687	)
Eliminations		862			129			314			44
Total operating loss	$	(16,424	)	$	(27,307	)	$	(11,318	)	$	(16,276	)

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]

	June 30, 2012		December 31, 2011
Long-lived assets (3):
United States	$	15,675	$	16,719
EMEA		1,545		1,519
Other International		1,259		1,355
Total long-lived assets	$	18,479	$	19,593

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Note 9 - Income Taxes (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax Expense [Table Text Block]

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Income tax expense	$	1,870	$	1,562	$	965	$	1,038

Uncertain Income Tax Expense [Table Text Block]

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Income tax expense related to uncertain tax positions	$	427	$	430	$	168	$	210
Interest expense related to uncertain tax positions		105		122		53		62
Total income tax expense related to uncertain tax positions	$	532	$	552	$	221	$	272

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Note 8 - Fair Value of Financial Instruments (Detail)	Jun. 30, 2012 USD ($)	Mar. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Jun. 30, 2011 USD ($)	Mar. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2012 Contingent Purchase Price Original Minimum [Member] EUR (€)	Dec. 31, 2012 Contingent Purchase Price Additional Minimum [Member] EUR (€)
Business Acquisition, Contingent Consideration, Potential Cash Payment	$ 3,702,000	$ 4,397,000	$ 3,739,000	$ 4,148,000	$ 3,960,000	$ 3,689,000	€ 3,000,000	€ 500,000

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Note 6 - Financial Risk Management and Derivatives (Detail) (USD $)	Jun. 30, 2012
Notional Amount of Cash Flow Hedge Instruments	$ 24,125,000
Contract to Sell Foreign Currencies [Member]
Notional Amount of Cash Flow Hedge Instruments	3,825,000
Contract to Buy Foreign Currencies [Member]
Notional Amount of Cash Flow Hedge Instruments	$ 20,300,000

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Note 12 - Palladium Contingent Purchase Price (Tables)

6 Months Ended

Jun. 30, 2012

Change In Contingent Purchase Price [Table Text Block]

	Six Months Ended June 30,					Three Months Ended June 30,
	2012			2011		2012			2011
Beginning balance	$	3,739		$	3,689	$	4,397		$	3,960
Change in net present value of the CPP		(37	)		459		(695	)		188
Ending balance	$	3,702		$	4,148	$	3,702		$	4,148

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Note 13 - Form Athletics (Tables)

6 Months Ended

Jun. 30, 2012

Jun. 30, 2011

Schedule of Contingent Consideration on Form Athletics [Table Text Block]

	Six and Three Months Ended June 30, 2011
Beginning balance	$	2,110
Change in net present value of the Form CPP		(2,110	)
Ending balance	$	0

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

	Six Months Ended June 30, 2011			Three Months Ended June 30, 2011
Revenues	$	424		$	245
Cost of goods sold		347			172
Gross profit		77			73
Selling, general and administrative expenses		2,350			1,120
Impairment on intangibles and goodwill		3,689			3,689
Operating loss		(5,962	)		(4,736	)
Interest income, net		2,110			2,110
Net loss from discontinued operations	$	(3,852	)	$	(2,626	)

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Note 2 - Loss per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Text Block]

2.   Loss per Share

The following is a reconciliation of the number of shares (denominator) used in the basic and diluted loss per share (“EPS”) computations (shares in thousands):

	Six Months Ended June 30,										Three Months Ended June 30,
	2012					2011					2012					2011
	Shares		Per Share Amount			Shares		Per Share Amount			Shares		Per Share Amount			Shares		Per Share Amount
Basic EPS		35,601	$	(0.52	)		35,433	$	(0.84	)		35,601	$	(0.33	)		35,475	$	(0.56	)
Effect of Dilutive Stock Options		0		0.00			0		0.00			0		0.00			0		0.00
Diluted EPS		35,601	$	(0.52	)		35,433	$	(0.84	)		35,601	$	(0.33	)		35,475	$	(0.56	)

Because the Company had a net loss for the six and three months ended June 30, 2012 and 2011, the number of diluted shares is equal to the number of basic shares at June 30, 2012 and 2011. Outstanding stock options would have had an anti-dilutive effect on diluted EPS for the six and three months ended June 30, 2012 and 2011. Outstanding stock options with either exercise prices or unrecognized compensation cost per share greater than the average market price of a share of the Company’s common stock also have an anti-dilutive effect on diluted EPS and were as follows (shares in thousands):

	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Options to purchase shares of common stock	3,869			1,160			3,869			1,160
Exercise prices	$2.76	to	$34.75	$11.52	to	$34.75	$2.76	to	$34.75	$11.52	to	$34.75
Expiration dates	July 2012 to June 2022			May 2012 to April 2021			July 2012 to June 2022			May 2012 to April 2021

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Note 2 - Loss per Share (Detail) - Earnings (Loss) Per Share (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Basic EPS	35,601	35,475	35,601	35,433
Basic EPS (in Dollars per share)	$ (0.33)	$ (0.56)	$ (0.52)	$ (0.84)
Effect of Dilutive Stock Options	0	0	0	0
Effect of Dilutive Stock Options (in Dollars per share)	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Diluted EPS	35,601	35,475	35,601	35,433
Diluted EPS (in Dollars per share)	$ (0.33)	$ (0.56)	$ (0.52)	$ (0.84)

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Note 4 - Investments Available for Sale (Detail) - The Change in Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Increase/(decrease) in comprehensive income	$ 0	$ (33)	$ 2	$ (45)

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Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Long-Term Capital Leases Outstanding (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Capital leases for information systems, with interest rates ranging from 2.01% to 5.05%, due between June 2014 and December 2016	$ 145	$ 0
Current portion of long-term capital leases	61	0
Long-term capital leases	84	0
Leased property – Information systems, net	$ 210

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Consolidated Balance Sheets (Dollar amounts in thousands) (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012		Dec. 31, 2011
CURRENT ASSETS
Cash and cash equivalents	$ 41,138		$ 28,701
Restricted cash and cash equivalents and restricted investments available for sale (Note 3)	750		22,602
Investments available for sale (Note 4)	0		2,057
Accounts receivable, less allowance for doubtful accounts of $1,477 and $1,678 at June 30, 2012 and December 31, 2011, respectively	31,294		31,449
Inventories, net	74,645		90,380
Prepaid expenses and other current assets	3,271		4,927
Income taxes receivable (Note 9)	0		770
Total current assets	151,098		180,886
PROPERTY, PLANT AND EQUIPMENT, net (Note 10)	18,479	[1]	19,593	[1]
OTHER ASSETS
Intangible assets (Note 5)	11,433		11,482
Deferred income taxes (Note 9)	2,659		2,914
Other	4,882		4,736
Total other assets	18,974		19,132
Total assets	188,551		219,611
CURRENT LIABILITIES
Bank lines of credit (Note 7)	1,539		9,716
Current portion of long-term debt (Note 7)	152		250
Current portion of long-term capital leases (Note 7)	61		0
Trade accounts payable	15,523		18,101
Accrued income taxes payable	931		372
Current portion of contingent purchase price (Note 12)	3,702		0
Accrued liabilities	10,721		13,500
Total current liabilities	32,629		41,939
OTHER LIABILITIES
Long-term debt (Note 7)	0		148
Long-term capital leases (Note 7)	84		0
Contingent purchase price (Notes 12 and 13)	0		3,739
Other liabilities	8,334		7,816
Total other liabilities	8,418		11,703
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Preferred Stock - authorized 2,000,000 shares of $0.01 par value; none issued and outstanding	0		0
Common Stock:
Additional paid-in capital	71,621		70,975
Treasury Stock	(58,190)		(58,190)
Retained earnings	131,366		149,703
Accumulated other comprehensive earnings:
Foreign currency translation	1,221		2,288
Net unrealized gain on hedge derivatives (Note 6)	1,106		811
Net unrealized gain on investments available for sale and restricted investments available for sale (Notes 3 and 4)	0		2
Total stockholders’ equity	147,504		165,969
Total liabilities and stockholders’ equity	188,551		219,611
Common Class A [Member]
Common Stock:
Share Value	300		300
Common Class B [Member]
Common Stock:
Share Value	$ 80		$ 80

[1] Long-lived assets consist of property, plant and equipment, net.

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Note 6 - Financial Risk Management and Derivatives (Detail) - The Fair Value of the Company’s Derivatives (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Foreign exchange contracts	$ 581	$ 1,321
Foreign exchange contracts	$ 249	$ 306

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Consolidated Statements of Cash Flows (Dollar amounts in thousands) (Unaudited) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operating activities:
Net loss from continuing operations	$ (18,337)	$ (26,016)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Depreciation/amortization	1,842	1,796
Change in contingent purchase price	(37)	459
Net loss on disposal of property, plant and equipment	25	43
Deferred income taxes	196	(787)
Stock-based compensation	646	1,006
Decrease/(Increase) in accounts receivable	108	(16,248)
Decrease/(Increase) in inventories	16,711	(34,503)
Decrease in income taxes receivable	770	770
Decrease in prepaid expenses and other assets	939	805
(Decrease)/Increase in accounts payable and accrued liabilities	(4,187)	10,012
Net cash used in operating activities from continuing operations	(1,324)	(62,663)
Net cash used in discontinued operations	0	(2,766)
Net cash used in operating activities	(1,324)	(65,429)
Cash flows from investing activities:
Change in restricted cash and cash equivalents	12,699	462
Purchase of investments available for sale and restricted investments available for sale	0	(6,310)
Proceeds from the maturity or sale of available for sale securities and restricted investments available for sale	11,028	53,416
Purchase of property, plant and equipment	(781)	(719)
Proceeds from disposal of property, plant and equipment	0	31
Net cash provided by investing activities	22,946	46,880
Cash flows from financing activities:
Borrowings under bank lines of credit and capital leases	9,818	22,279
Repayments on bank lines of credit, long-term debt and capital leases	(17,952)	(11,480)
Proceeds from stock options exercised	0	920
Net cash (used in)/provided by financing activities	(8,134)	11,719
Effect of exchange rate changes on cash	(1,051)	2,851
Net increase/(decrease) in cash and cash equivalents	12,437	(3,979)
Cash and cash equivalents at beginning of period	28,701	49,164
Cash and cash equivalents at end of period	41,138	45,185
Cash paid during the period for:
Interest	115	77
Income taxes	$ 502	$ 328

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Note 9 - Income Taxes (Detail) - Income Tax Expense (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income tax expense	$ 965	$ 1,038	$ 1,870	$ 1,562

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Note 3 - Restricted Cash and Cash Equivalents and Restricted Investments Available for Sale (Detail) - Gross Unrealized Holding Gains And Losses (USD $) In Thousands, unless otherwise specified	Jun. 30, 2011
Gross unrealized holding gains	$ 36
Gross unrealized holding losses	$ 4

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Note 12 - Palladium Contingent Purchase Price (Detail)	Jun. 30, 2012 USD ($)	Mar. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	Jun. 30, 2011 USD ($)	Mar. 31, 2011 USD ($)	Dec. 31, 2010 USD ($)	Dec. 31, 2012 Contingent Purchase Price Amended Minimum [Member] EUR (€)	Dec. 31, 2012 Contingent Purchase Price Additional Minimum [Member] EUR (€)	Jul. 12, 2012 Contingent Purchase Price Payment Euros [Member] EUR (€)	Jul. 12, 2012 Contingent Purchase Price Payment US Dollar [Member] USD ($)	Dec. 31, 2012 Contingent Purchase Price Original Minimum [Member] EUR (€)
Business Acquisition, Contingent Consideration, Potential Cash Payment	$ 3,702,000	$ 4,397,000	$ 3,739,000	$ 4,148,000	$ 3,960,000	$ 3,689,000	€ 1,500,000	€ 500,000	€ 1,443,000	$ 1,767,000	€ 3,000,000

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Note 3 - Restricted Cash and Cash Equivalents and Restricted Investments Available for Sale (Tables)

6 Months Ended

Jun. 30, 2012

Restricted Cash And Investments Current Item Description [Table Text Block]

	June 30, 2012		December 31, 2011
Restricted cash and cash equivalents	$	750	$	13,449
Restricted investments available for sale:
U.S. Treasury Notes		0		5,007
Corporate Notes and Bonds		0		4,062
Accrued interest income		0		84
Total restricted investments available for sale		0		9,153
Total restricted cash and cash equivalents and restricted investments available for sale	$	750	$	22,602

Unrealized Gain Loss On Restricted Investments [Table Text Block]

	June 30, 2011
Gross unrealized holding gains	$	36
Gross unrealized holding losses		4

Schedule Of Comprehensive Income Loss Restricted Investments [Table Text Block]

	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
(Decrease)/increase in comprehensive income	$	(3	)	$	(13	)	$	(1	)	$	2

Realized Gains And Proceeds From Sale Of Restricted Investments [Table Text Block]

	Six and Three Months Ended June 30, 2012
Proceeds from sale of restricted investments	$	2,015
Realized gain on sale of restricted investments		3

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Note 3 - Restricted Cash and Cash Equivalents and Restricted Investments Available for Sale (Detail) - Change In Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
(Decrease)/increase in comprehensive income	$ (1)	$ 2	$ (3)	$ (13)

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Note 5 - Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Indefinite-Lived Intangible Assets [Table Text Block]

	June 30, 2012			December 31, 2011
Trademarks	$	12,520		$	12,569
Less accumulated amortization		(1,087	)		(1,087	)
Total intangible assets	$	11,433		$	11,482

Change In Carrying Value Of Intangible Assets

	Six Months Ended June 30, 2012			Three Months Ended June 30, 2012
Beginning Balance	$	11,482		$	11,547
Foreign currency translation effects		(49	)		(114	)
Ending Balance	$	11,433		$	11,433

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Note 13 - Form Athletics (Detail) - Change in the Form Athletics Contingent Purchase Price (USD $)			6 Months Ended
	Jun. 30, 2011	Dec. 31, 2010	Jun. 30, 2011 Form Athletics [Member]
Beginning balance	$ 0	$ 2,110,000
Change in net present value of the Form CPP			(2,110,000)
Ending balance	$ 0	$ 2,110,000

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Note 1 - Basis of Presentation

6 Months Ended

Jun. 30, 2012

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

1.   Basis of Presentation

The accompanying unaudited consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the “S.E.C.”).  Accordingly, they do not include all of the information and notes required by generally accepted accounting principles for complete financial statements.  In the opinion of management, all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the consolidated financial position of K•Swiss Inc. (the “Company” or “K•Swiss”) as of June 30, 2012 and the results of its operations and its cash flows for the six and three months ended June 30, 2012 and 2011 have been included for the periods presented.  The results of operations and cash flows for the six and three months ended June 30, 2012 are not necessarily indicative of the results to be expected for any other interim period or the full year.  The balance sheet at December 31, 2011 has been derived from the audited financial statements at that date but does not include all the information and notes required by generally accepted accounting principles for complete financial statements.  These consolidated financial statements should be read in combination with the audited consolidated financial statements and notes thereto for the year ended December 31, 2011, which are included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011.

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Consolidated Balance Sheets (Dollar amounts in thousands) (Unaudited) (Parentheticals) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Allowance for doubtful accounts (in Dollars)	$ 1,477	$ 1,678
Preferred Stock – authorized shares	2,000,000	2,000,000
Preferred Stock – par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred Stock – shares issued	0	0
Preferred Stock – shares outstanding	0	0
Common Class A [Member]
Authorized Shares	90,000,000	90,000,000
Par Value (in Dollars per share)	$ 0.01	$ 0.01
Shares Issued	29,982,921	29,982,254
Shares Outstanding	27,561,304	27,560,637
Class A – shares held in treasury	2,421,617	2,421,617
Common Class B [Member]
Authorized Shares	18,000,000	18,000,000
Par Value (in Dollars per share)	$ 0.01	$ 0.01
Shares Issued	8,039,524	8,039,524
Shares Outstanding	8,039,524	8,039,524

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Note 11 - Other Income/Expense

6 Months Ended

Jun. 30, 2012

Other Income and Other Expense Disclosure [Text Block]

11.   Other Income/Expense

During the six months ended June 30, 2011, the Company and one of its international distributors entered into a mutual settlement and termination agreement in which the Company agreed to an early termination of this distributor’s contracts for $3,000,000.  The contracts with this distributor were terminated as a result of this distributor not performing in accordance with their contracts, and there was no litigation.  The loss of this distributor did not have a significant impact on the Company’s revenues or gross margin.  The Company is in the process of securing another distributor for this region.

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Document And Entity Information	6 Months Ended
	Jun. 30, 2012	Aug. 01, 2012 Common Class A [Member]	Aug. 01, 2012 Common Class B [Member]
Entity Registrant Name	K SWISS INC
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		27,561,304	8,039,524
Amendment Flag	false
Entity Central Index Key	0000862480
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2

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Note 12 - Palladium Contingent Purchase Price

6 Months Ended

Jun. 30, 2012

Contingent Purchase Price Disclosure Text Box

12.   Palladium Contingent Purchase Price

The change in the CPP for the six and three months ended June 30, 2012 and 2011 is as follows (in thousands):

	Six Months Ended June 30,					Three Months Ended June 30,
	2012			2011		2012			2011
Beginning balance	$	3,739		$	3,689	$	4,397		$	3,960
Change in net present value of the CPP		(37	)		459		(695	)		188
Ending balance	$	3,702		$	4,148	$	3,702		$	4,148

On July 9, 2012, the Company, entered into Amendment No. 3 to the Share Purchase and Shareholders’ Rights Agreement to revise the terms of the remaining future purchase price for Palladium payable in 2013. The future purchase price will be equal to €1,500,000 plus up to €500,000 based on an amount calculated in accordance with a formula driven by Palladium’s EBITDA for the twelve months ended December 31, 2012. As a result, on July 12, 2012, the Company made a payment of €1,443,000, or $1,767,000 (which is discounted from €1,500,000), which represents approximately one-half of the minimum future purchase price of €3,000,000, prior to this amendment.

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Consolidated Statements of Earnings/Loss and Comprehensive Earnings/Loss (Dollar amounts in thousands Shares in thousands, except per share amounts) (Unaudited) (USD $) Share data in Thousands, except Per Share data, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2012		Jun. 30, 2011		Jun. 30, 2012		Jun. 30, 2011
Revenues (Note 10)	$ 44,752,000	[1]	$ 65,297,000	[1]	$ 114,070,000	[1]	$ 137,738,000	[1]
Cost of goods sold	31,207,000		42,863,000		74,268,000		86,782,000
Gross profit	13,545,000		22,434,000		39,802,000		50,956,000
Selling, general and administrative expenses	24,863,000		38,710,000		56,226,000		78,263,000
Operating loss (Note 10)	(11,318,000)		(16,276,000)		(16,424,000)		(27,307,000)
Other income (Note 11)	0		0		0		3,000,000
Interest (expense)/income, net	652,000		(86,000)		(43,000)		(147,000)
Loss before income taxes and discontinued operations	(10,666,000)		(16,362,000)		(16,467,000)		(24,454,000)
Income tax expense (Note 9)	965,000		1,038,000		1,870,000		1,562,000
Loss from continuing operations	(11,631,000)		(17,400,000)		(18,337,000)		(26,016,000)
Loss from discontinued operations, less applicable income taxes of $0 and $0 for the six and three months ended June 30, 2011, respectively (Note 13)	0		(2,626,000)		0		(3,852,000)
Net Loss	(11,631,000)		(20,026,000)		(18,337,000)		(29,868,000)
Basic:
Loss from continuing operations (in Dollars per share)	$ (0.33)		$ (0.49)		$ (0.52)		$ (0.73)
Loss from discontinued operations (in Dollars per share)	$ 0.00		$ (0.07)		$ 0.00		$ (0.11)
Net Loss (in Dollars per share)	$ (0.33)		$ (0.56)		$ (0.52)		$ (0.84)
Diluted:
Loss from continuing operations (in Dollars per share)	$ (0.33)		$ (0.49)		$ (0.52)		$ (0.73)
Loss from discontinued operations (in Dollars per share)	$ 0.00		$ (0.07)		$ 0.00		$ (0.11)
Net Loss (in Dollars per share)	$ (0.33)		$ (0.56)		$ (0.52)		$ (0.84)
Weighted average number of shares outstanding (Note 2)
Basic (in Shares)	35,601		35,475		35,601		35,433
Diluted (in Shares)	35,601		35,475		35,601		35,433
Dividends declared per common share (in Dollars per share)	$ 0		$ 0		$ 0		$ 0
Net Loss	(11,631,000)		(20,026,000)		(18,337,000)		(29,868,000)
Other Comprehensive (Loss)/Earnings, net of tax:
Foreign currency translation adjustments, net of income taxes of $0 and $0 for the six months ended June 30, 2012 and 2011, respectively, and net of income taxes of $0 and $0 for the three months ended June 30, 2012 and 2011, respectively	(2,568,000)		1,005,000		(1,067,000)		3,336,000
Change in deferred gain/(loss) on hedge derivatives, net of income taxes of $0 and $0 for the six months ended June 30, 2012 and 2011, respectively, and net of income taxes of $0 and $0 for the three months ended June 30, 2012 and 2011, respectively	842,000		187,000		295,000		(779,000)
Change in deferred loss on investments available for sale and restricted investments available for sale, net of income tax benefit of $(1) and $(30) for the six months ended June 30, 2012 and 2011, respectively, and net of income tax benefit of $(1) and $(16) for the three months ended June 30, 2012 and 2011, respectively	(1,000)		(31,000)		(2,000)		(58,000)
Comprehensive Loss	$ (13,358,000)		$ (18,865,000)		$ (19,111,000)		$ (27,369,000)

[1] Revenue is attributable to geographic regions based on the location of the Company's subsidiaries.

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Note 6 - Financial Risk Management and Derivatives

6 Months Ended

Jun. 30, 2012

Derivative Instruments and Hedging Activities Disclosure [Text Block]

6.   Financial Risk Management and Derivatives

Sales denominated in currencies other than the U.S. dollar, which are primarily sales to customers in Europe, expose the Company to market risk from material movements in foreign exchange rates between the U.S. dollar and the foreign currency.  The Company’s primary risk exposures are from changes in the rates between the U.S. dollar and the Euro and between the Euro and the Pound Sterling.  In 2012 and 2011, the Company entered into forward foreign exchange contracts to exchange Euros for U.S. dollars and Pound Sterling for Euros.  The extent to which forward foreign exchange contracts are used is modified periodically in response to management’s estimate of market conditions and the terms and length of specific sales contracts.

The Company enters into forward foreign exchange contracts in order to reduce the impact of foreign currency fluctuations and not to engage in currency speculation.  The use of derivative financial instruments allows the Company to reduce its exposure to the risk that the eventual net cash inflow resulting from the sale of products to foreign customers will be materially affected by changes in exchange rates.  The Company does not hold or issue financial instruments for trading purposes.  The forward foreign exchange contracts are designated for firmly committed or forecasted sales.  These contracts settle in less than one year.

The forward foreign exchange contracts generally require the Company to exchange Euros for U.S. dollars or Pound Sterling for Euros at maturity, at rates agreed upon at the inception of the contracts.  The Company’s counterparties to derivative transactions are major financial institutions with an investment grade or better credit rating; however, the Company is exposed to credit risk with these institutions.  The credit risk is limited to the unrealized gains in such contracts should these counterparties fail to perform as contracted.

At June 30, 2012, forward foreign exchange contracts with a notional value of $24,125,000 were outstanding to exchange various currencies with maturities ranging from July 2012 to March 2013, to sell the equivalent of approximately $3,825,000 in foreign currencies at contracted rates and to buy approximately $20,300,000 in foreign currencies at contracted rates.  These contracts have been designated as cash flow hedges.  Cash flows from these forward foreign exchange contracts are classified in the same category as the cash flows from the items being hedged on the Consolidated Statements of Cash Flows.  At June 30, 2012, the Company did not have any forward foreign exchange contracts that do not qualify as hedges.

The fair value of the Company’s derivatives on its Consolidated Balance Sheets were as follows (in thousands):

	Asset Derivatives					Liability Derivatives
	Balance Sheet	June 30, 2012		December 31, 2011		Balance Sheet	June 30, 2012		December 31, 2011
	Location	Fair Value		Fair Value		Location	Fair Value		Fair Value
Derivatives Designated as Hedging Instruments
Foreign exchange contracts	Prepaid expenses and other current assets	$	581	$	1,321	Accrued liabilities	$	249	$	306

The effect of the Company’s derivatives on its Consolidated Statements of Earnings/Loss for the six months ended June 30, 2012 and 2011 were as follows (in thousands):

Derivatives in	Amount of Gain/(Loss) Recognized in Other Comprehensive Earnings (“OCE”) on Derivative (Effective Portion)					Location of Gain/(Loss) Reclassified from OCE	Amount of Gain/(Loss) Reclassified from OCE into Income (Effective Portion)						Location of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount	Amount of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Cash Flow Hedging	Six Months Ended June 30,					into Income (Effective	Six Months Ended June 30,						Excluded from Effectiveness	Six Months Ended June 30,
Relationships	2012		2011			Portion)	2012			2011			Testing)	2012		2011
Foreign exchange contracts	$	295	$	(779	)	Cost of goods sold	$	(537	)	$	(124	)	Selling, general and administrative expenses	$	52	$	(25	)

The effect of the Company’s derivatives on its Consolidated Statements of Earnings/Loss for the three months ended June 30, 2012 and 2011 were as follows (in thousands):

Derivatives in	Amount of Gain/(Loss) Recognized in Other Comprehensive Earnings (“OCE”) on Derivative (Effective Portion)				Location of Gain/(Loss) Reclassified from OCE	Amount of Gain/(Loss) Reclassified from OCE into Income (Effective Portion)						Location of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount	Amount of Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Cash Flow Hedging	Three Months Ended June 30,				into Income (Effective	Three Months Ended June 30,						Excluded from Effectiveness	Three Months Ended June 30,
Relationships	2012		2011		Portion)	2012			2011			Testing)	2012		2011
Foreign exchange contracts	$	842	$	187	Cost of goods sold	$	(232	)	$	(409	)	Selling, general and administrative expenses	$	10	$	(19	)

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Note 5 - Intangible Assets

6 Months Ended

Jun. 30, 2012

Intangible Assets Disclosure [Text Block]

5.   Intangible Assets

Intangible assets consist of the following (in thousands):

	June 30, 2012			December 31, 2011
Trademarks	$	12,520		$	12,569
Less accumulated amortization		(1,087	)		(1,087	)
Total intangible assets	$	11,433		$	11,482

The change in the carrying amount of intangible assets during the six and three months ended June 30, 2012 was as follows (in thousands):

	Six Months Ended June 30, 2012			Three Months Ended June 30, 2012
Beginning Balance	$	11,482		$	11,547
Foreign currency translation effects		(49	)		(114	)
Ending Balance	$	11,433		$	11,433

The Company performed the annual reassessment and impairment test as of October 1, 2011 of its Palladium intangible assets related to trademarks and determined there was no impairment of its intangible assets. See the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011. The Company does not believe that a triggering event has occurred through June 30, 2012 to require an updated impairment test.

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Note 4 - Investments Available for Sale (Tables)

6 Months Ended

Jun. 30, 2012

Available-for-sale Securities [Table Text Block]

	December 31, 2011
Corporate Notes and Bonds	$	2,024
Accrued interest income		33
Total investments available for sale	$	2,057

Unrealized Gain (Loss) on Investments [Table Text Block]

	June 30, 2011
Gross unrealized holding gains	$	24
Gross unrealized holding losses		2

Schedule of Comprehensive Income (Loss) [Table Text Block]

	Six Months Ended June 30,					Three Months Ended June 30,
	2012		2011			2012		2011
Increase/(decrease) in comprehensive income	$	2	$	(45	)	$	0	$	(33	)

Realized Gains And Proceeds From Sale Of Investments [Table Text Block]

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Proceeds from sale of investments	$	1,013	$	23,812	$	0	$	12,853
Realized gain on sale of investments		0		12		0		6

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Note 13 - Form Athletics

6 Months Ended

Jun. 30, 2012

Discontinued Operations And Contingent Purchase Price Disclosure [Text Block]

13.   Form Athletics

During the second quarter of 2011, after a review of sales, backlog, cash flows and marketing strategy, the Company determined that its investment in the Form Athletics goodwill and trademark was impaired and recognized impairment losses of $3,689,000 and reversed the Form CPP liability of $2,110,000, which is included in the loss from discontinued operations as interest income.  The change in the Form CPP for the six and three months ended June 30, 2011 is as follows (in thousands):

	Six and Three Months Ended June 30, 2011
Beginning balance	$	2,110
Change in net present value of the Form CPP		(2,110	)
Ending balance	$	0

The operations for Form Athletics for the six and three months ended June 30, 2011 were as follows (in thousands):

	Six Months Ended June 30, 2011			Three Months Ended June 30, 2011
Revenues	$	424		$	245
Cost of goods sold		347			172
Gross profit		77			73
Selling, general and administrative expenses		2,350			1,120
Impairment on intangibles and goodwill		3,689			3,689
Operating loss		(5,962	)		(4,736	)
Interest income, net		2,110			2,110
Net loss from discontinued operations	$	(3,852	)	$	(2,626	)

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Note 9 - Income Taxes

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Text Block]

9.   Income Taxes

Income tax expense was as follows (in thousands):

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Income tax expense	$	1,870	$	1,562	$	965	$	1,038

The Company evaluates its deferred tax assets, including net operating losses and tax credits, to determine if a valuation allowance is required. The Company assesses whether a valuation allowance should be established based on the consideration of all available evidence using a “more-likely-than-not” standard. In making such judgments, significant weight is given to evidence that can be objectively verified. A cumulative loss in recent years is significant negative evidence in considering whether deferred tax assets are realizable.

The Company can no longer support future profitability sufficient enough to realize its deferred tax assets in the near future and has a valuation allowance of $48,266,000 at June 30, 2012.  At June 30, 2012, the Company had a net deferred tax asset after valuation allowance of $2,659,000 which consisted of U.S. foreign tax credits of $35,000 for the eventual carryback of foreign tax credits to the 2006 tax year as the Company believes it is more-likely-than-not that it will be utilized and foreign net operating losses of $2,624,000 which is related to the pre-acquisition losses of Palladium, a French company, which has an unlimited carryforward period therefore the Company believes it is more-likely-than-not that the loss carryforward will be utilized.  The ultimate realization of this loss carryforward is dependent upon the generation of future taxable income in France during the periods in which those temporary differences become deductible.  This assessment could change in future periods if the Company does not achieve taxable income in France or projections of future taxable income decline.  Changes in existing tax laws could also affect actual tax results and the valuation of deferred tax assets over time.  The accounting for deferred taxes is based upon an estimate of future operating results.  Differences between the anticipated and actual outcomes of these future tax consequences could have a material impact on the Company’s consolidated results of operations or financial position.  If an increase in the valuation allowance in future periods is required, this would result in an increase in the Company’s income tax expense and could materially impact the effective income tax rate in the period recorded.

At June 30, 2012, uncertain tax positions and the related interest, which are included in other liabilities on the Consolidated Balance Sheet, were $7,539,000 and $1,377,000, respectively, all of which would affect the income tax rate if reversed.  Income tax expense related to uncertain tax positions was as follows (in thousands):

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Income tax expense related to uncertain tax positions	$	427	$	430	$	168	$	210
Interest expense related to uncertain tax positions		105		122		53		62
Total income tax expense related to uncertain tax positions	$	532	$	552	$	221	$	272

The federal income tax returns for 2006 through 2009 and certain state returns for 2007 and 2008 are currently under various stages of audit by the applicable taxing authorities. The Company received a Notice of Proposed Adjustment from the Internal Revenue Service (“IRS”) for tax years 2006 and 2007 of $7,114,000 (which includes $1,186,000 in penalties). Interest will be assessed, and at this time it is estimated at approximately $1,745,000. This issue has been sent to the IRS Appeal’s office for further consideration. The Company does not believe that an additional tax accrual is required at this time.

In January 2012, the Company received a Notice of Proposed Adjustment for the 2008 tax year, which is similar to the one discussed above.  The 2008 proposed adjustment is approximately $251,000.  Interest will be assessed, and at this time it is estimated at approximately $35,000.  This issue has been sent to the IRS Appeal’s office for further consideration.  This will not create any additional financial statement impact due to the available U.S. tax losses that may be carried back from the 2010 tax year to the 2008 tax year.

The Company does not agree with these adjustments and plans to vigorously defend its position.  The amounts ultimately paid, if any, upon resolution of the issues raised by the taxing authorities may differ materially from the amounts accrued for each year.  The Company’s material tax jurisdiction is the United States.

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Note 9 - Income Taxes (Detail) - Uncertain Tax Positions Income Tax Expense (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income tax expense related to uncertain tax positions	$ 168	$ 210	$ 427	$ 430
Interest expense related to uncertain tax positions	53	62	105	122
Total income tax expense related to uncertain tax positions	$ 221	$ 272	$ 532	$ 552

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Note 7 - Bank Lines of Credit and Other Debt

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Text Block]

7.   Bank Lines of Credit and Other Debt

The Company’s bank lines of credit, long-term debt, long-term capital leases and outstanding letters of credit were as follows (in thousands):

	June 30, 2012		December 31, 2011
Bank lines of credit	$	1,539	$	9,716
Long-term debt		152		398
Long-term capital leases		145		0
Total bank lines of credit, long-term debt and long-term capital leases	$	1,836	$	10,114
Outstanding letters of credit, not included above	$	294	$	280

Bank Lines of Credit

Outstanding bank lines of credit were as follows (dollars and Euros in thousands):

	June 30, 2012		December 31, 2011
Secured Variable Rate Lines of Credit with Financial Institutions:
Bank line of credit of $35,000 at an interest rate of 4.50% at June 30, 2012, due April 23, 2016 (1)	$	0	$	0
Bank line of credit of $21,000 at an interest rate of 2.69% at December 31, 2011, due July 1, 2013 (2)		0		9,716
Facility of €4,000, or approximately $5,064, at June 30, 2012, at an interest rate of 1.34%, due December 31, 2012 and approximately $5,182, at December 31, 2011, at an interest rate of 2.13%, due December 31, 2012 (3)		1,032		0
Facilities of €1,000, or approximately $1,266, at June 30, 2012, at interest rates ranging from 1.85% to 2.83%, due June 30, 2012 and approximately $1,296, at December 31, 2011, at interest rates ranging from 2.56% to 3.12%, due December 31, 2011 (3) (4)		507		0
Total bank lines of credit	$	1,539	$	9,716
Outstanding letters of credit, not included above	$	294	$	280

(1) Secured by all assets of K•Swiss Inc., K•Swiss Sales Corp. and K•Swiss Direct Inc. The amount available to borrow on this line of credit at June 30, 2012 was $20,530. See further discussion below.

(2) Fully secured by cash (or the Company’s restricted cash and cash equivalents and restricted investments available for sale, see Note 3). This facility was fully paid off on April 25, 2012. See further discussion below.

(3) These lines of credit are secured by Palladium’s assets including accounts receivable and/or intellectual property rights (i.e. trademarks), as well as Palladium common stock.

(4) These lines of credit are renewable every six months. Subsequent to June 30, 2012, these lines of credit were renewed until December 31, 2012 and the amount available to borrow will be €1,200 (or approximately $1,519).

On April 25, 2012, the Company and two of its subsidiaries, K•Swiss Sales Corp. and K•Swiss Direct Inc. (collectively with the Company, the “Borrowers”) entered into a Credit Agreement (the “Credit Facility”) with Wells Fargo Bank, National Association and Wells Fargo Capital Finance, LLC (collectively as “Wells Fargo” or the “Lenders”).  The Credit Facility consists of revolving loans of up to $35,000,000 (subject to the limitations described below) available in U.S. Dollars, Euro and Pound Sterling, and up to $5,000,000 of which may be drawn in the form of letters of credit.  The Credit Facility matures April 23, 2016.

Loans made under the Credit Facility bear interest at:

(1) the greatest of (i) the Federal Funds Rate plus ½%, (ii) the LIBOR Rate plus 1%, and (iii) Wells Fargo’s prime rate (the “Base Rate”); or

(2) the rate per annum appearing on Bloomberg L.P.’s Page BBAM1/Official BBA USD Dollar Libor Fixings two Business Days prior to the commencement of the requested Interest Period, for a term and in an amount comparable to the interest period and the amount requested (the “LIBOR Rate”); or

(3) for loans made in Euros or Pound Sterling, the LIBOR Rate;

plus, in each case, the “Applicable Margin.”

If the average use of the Credit Facility is less than 50% of the Maximum Revolver Amount (as defined below) during the previous fiscal quarter, the Applicable Margin is 1.25% for Base Rate loans, 2.25% for U.S. Dollar LIBOR Rate loans, and 3.00% for loans made in Euros or Pound Sterling.  If the average use of the Credit Facility is more than 50% of the Maximum Revolver Amount, the Applicable Margin is 1.50% for Base Rate loans, 2.50% for U.S. Dollar LIBOR Rate loans, and 3.25% for loans made in Euros or Pound Sterling.

The “Maximum Revolver Amount” is $35,000,000; provided that the amount of revolving loans and letters of credit under the Credit Facility may not exceed (a) 85% of Eligible Accounts (as defined in the Credit Facility) plus the lesser of (i) 85% of Eligible Accounts that are Extended Pay Accounts (as defined in the Credit Facility) and (ii) $1,500,000 (minus any dilution reserve), plus (b) the lesser of (i) $20,000,000 or (ii) an amount equal to (x) the lesser of (1) 65% of Eligible Inventory or (2) 85% of Net Recovery Percentage (each as defined in the Credit Facility), minus (y) a reserve of $3,500,000 and any other reserves established by Wells Fargo in its permitted discretion.

The financial covenants contained in the Credit Facility are as follows (in each case, with respect to the Company and its subsidiaries on a consolidated basis):

· The Company must achieve Minimum EBITDA specified in the Credit Facility for each month through November 30, 2013.

· The Company must maintain a Fixed Charge Coverage Ratio for each twelve month fiscal period, commencing for the fiscal period ending on December 31, 2013, of not less than 1.0:1.0.

· The Company must limit Capital Expenditures for each fiscal year to $2,400,000, except with the Lender’s consent.

These financial covenants apply on the date that Excess Availability (as defined in the Credit Facility) has fallen below 20% of the Maximum Revolver Amount and ends on the date that Excess Availability has been greater than 20% of the Maximum Revolver Amount for any period of thirty consecutive days thereafter.

The obligations of the Borrowers under the Credit Facility are guaranteed by four of the Company’s other domestic subsidiaries (the “Guarantors”) pursuant to a Guaranty and Security Agreement, dated April 25, 2012 (the “Guaranty and Security Agreement”).  Pursuant to the Guaranty and Security Agreement, the Borrowers and the Guarantors pledged substantially all of their respective assets as collateral security for the loans to be made pursuant to the Credit Facility.  The foreign subsidiaries of the Borrowers did not guaranty the Credit Facility or pledge any of their directly-owned assets.  The Company has also granted a security interest in its real property to the Lenders, consisting of a deed of trust securing its corporate headquarters building.

The Credit Facility contains other certain affirmative and negative covenants, as well as event of default provisions.  The affirmative covenants include certain reporting requirements, maintenance of properties, payment of taxes and insurance, compliance with laws, environmental compliance, and other provisions customary in such agreements.  Negative covenants limit or restrict, among other things, dividends, secured and unsecured indebtedness, mergers and fundamental changes, asset sales, investments and acquisitions, liens and encumbrances, transactions with affiliates, redemption distributions to former employees, officers or directors, and other matters customarily restricted in such agreements.

Wells Fargo and its affiliates are permitted to make loans to, issue letters of credit, accept deposits, provide Bank Products (as defined in the Credit Facility) to, acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with the Company, its subsidiaries and affiliates.

At June 30, 2012, the Company was in compliance with its covenants under the Credit Facility.

On April 25, 2012, the Company drew down approximately $9,924,000 under the Credit Facility to repay in full all indebtedness outstanding under its previous line of credit with Bank of America and to pay fees and expenses related to the Credit Facility. The Company intends to utilize the Credit Facility for working capital, to issue letters of credit in connection with purchases of inventory and other general corporate purposes.

Long-term Debt

Long-term debt outstanding were as follows (dollars and Euros in thousands):

	June 30, 2012		December 31, 2011
Secured Fixed Rate Term Loans with Financial Institutions of €1,100, or approximately $1,393, at June 30, 2012, with interest rates ranging from 5.42% to 5.60%, due between July 2012 and February 2013 and €1,320, or approximately $1,710, at December 31, 2011, with interest rates ranging from 5.42% to 5.84%, due between February 2012 and February 2013 (1)	$	151	$	394
Accrued interest		1		4
Total long-term debt	$	152	$	398
Current portion of long-term debt	$	152	$	250
Long-term debt	$	0	$	148

(1) These are secured by Palladium’s assets including accounts receivable and/or intellectual property rights (i.e. trademarks), as well as Palladium common stock.

Long-term Capital Leases

Long-term capital leases outstanding were as follows (dollars in thousands):

	June 30, 2012
Capital leases for information systems, with interest rates ranging from 2.01% to 5.05%, due between June 2014 and December 2016	$	145
Current portion of long-term capital leases	$	61
Long-term capital leases	$	84
Leased property – Information systems, net	$	210

Interest expense

Interest expense incurred on the Company’s bank loans, lines of credit and capital leases are as follows (in thousands):

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Interest expense	$	140	$	71	$	65	$	56

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Note 8 - Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2012

Fair Value Disclosures [Text Block]

8.   Fair Value of Financial Instruments

On January 1, 2012, the Company adopted Accounting Standards Update (“ASU”) 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs,” which ensures U.S. generally accepted accounting principles are aligned with international accounting standards.  ASU 2011-04 does not modify the requirements for when fair value measurements apply, but rather clarifies how to measure and disclose fair value.  The adoption of ASU 2011-04 did not have a material impact on the Company’s financial position and results of operations.  For certain of the Company’s financial instruments, including cash and cash equivalents, accounts receivable, outstanding borrowings under the lines of credit, current portion of long-term debt, current portion of long-term capital leases, accounts payable and accrued liabilities, the carrying amounts approximate fair value due to their short maturities.

The following table provides the assets and liabilities carried at fair value measured on a recurring basis at June 30, 2012 (in thousands):

			Fair Value Measurements Using
	Total Carrying Value		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Forward exchange contracts – assets	$	581	$	0	$	581	$	0
Forward exchange contracts – liabilities		249		0		249		0
Contingent purchase price (“CPP”) – Palladium		3,702		0		0		3,702

The Company’s counterparty (“Counterparty”) to a majority of its forward exchange contracts is a major financial institution. These forward exchange contracts are measured at fair value by the Counterparty based on a variety of pricing factors, which include the market price of the derivative instrument available in the dealer-market.

The Palladium CPP will be equal to the net present value of €3,000,000 plus up to €500,000 based on an amount calculated in accordance with a formula driven by Palladium’s EBITDA for the twelve months ended December 31, 2012.  The €500,000 CPP will be determined each quarter based on the current quarter’s projection of Palladium’s EBITDA for the twelve months ended December 31 of the current year.  See Note 12 for further discussion.

During the six and three months ended June 30, 2012 there were no transfers between Level 1, Level 2 and Level 3 measurements.  In addition, there were no changes in the valuation technique of assets and liabilities measured on a recurring basis during the six and three months ended June 30, 2012.

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Note 10 - Segment Information

6 Months Ended

Jun. 30, 2012

Segment Reporting Disclosure [Text Block]

10.   Segment Information

The Company’s predominant business is the design, development and distribution of athletic footwear.  The Company has identified its footwear products business to be its only segment as substantially all of the Company’s revenues are from sales of footwear products.  The Company is organized into three geographic regions:  the United States, Europe, Middle East and Africa (“EMEA”) and Other International.  The Company’s Other International geographic region includes the Company’s operations in Asia.  The following tables summarize information by geographic region of the Company’s footwear segment (in thousands):

	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Revenues from unrelated entities (1):
United States	$	39,560		$	63,684		$	18,748		$	32,404
EMEA		44,864			42,724			13,805			19,239
Other International		29,646			31,330			12,199			13,654
Total revenues from unrelated entities	$	114,070		$	137,738		$	44,752		$	65,297
Inter-geographic revenues:
United States	$	3,557		$	2,564		$	950		$	1,316
EMEA		26			1,446			12			1,446
Other International		66			136			33			37
Total inter-geographic revenues	$	3,649		$	4,146		$	995		$	2,799
Total revenues:
United States	$	43,117		$	66,248		$	19,698		$	33,720
EMEA		44,890			44,170			13,817			20,685
Other International		29,712			31,466			12,232			13,691
Less inter-geographic revenues		(3,649	)		(4,146	)		(995	)		(2,799	)
Total revenues	$	114,070		$	137,738		$	44,752		$	65,297
Operating (loss)/profit:
United States	$	(12,532	)	$	(16,233	)	$	(5,942	)	$	(7,187	)
EMEA		(1,221	)		(8,857	)		(3,342	)		(6,634	)
Other International		2,238			5,322			82			1,188
Less corporate expenses (2)		(5,771	)		(7,668	)		(2,430	)		(3,687	)
Eliminations		862			129			314			44
Total operating loss	$	(16,424	)	$	(27,307	)	$	(11,318	)	$	(16,276	)

	June 30, 2012		December 31, 2011
Long-lived assets (3):
United States	$	15,675	$	16,719
EMEA		1,545		1,519
Other International		1,259		1,355
Total long-lived assets	$	18,479	$	19,593

(1) Revenue is attributable to geographic regions based on the location of the Company’s subsidiaries.

(2) Corporate expenses include expenses such as salaries and related expenses for executive management and support departments such as accounting and treasury, information technology and legal which benefit the entire Company and are not segment/region specific.  Corporate expenses for the six and three months ended June 30, 2012 decreased as a result of decreases in compensation, legal and data processing expenses.  The decrease in compensation expenses, which includes bonus/incentive related expenses and employee recruiting and relocation expenses, resulted from a reduction in salary related expenses, stock option compensation expenses and interest expense related to the Company’s deferred compensation plan which was terminated in October 2011.  The decrease in legal expenses was a result of decreases in expenses incurred to defend the Company’s trademarks.  The decrease in data processing expenses was a result of decreases in on-going maintenance expenses.

(3) Long-lived assets consist of property, plant and equipment, net.

 During the six and three months ended June 30, 2012 and 2011, there were no customers that accounted for more than 10% of revenues.  At June 30, 2012, approximately 12% of accounts receivable was from one customer.  At December 31, 2011, approximately 10% of accounts receivable was from one customer.

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Note 11 - Other Income/Expense (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Other Nonoperating Income (Expense)	$ 0	$ 0	$ 0	$ 3,000,000

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Note 12 - Palladium Contingent Purchase Price (Detail) - Change In The Contingent Purchase Price (USD $)							3 Months Ended		6 Months Ended
	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010	Jun. 30, 2012 Palladium [Member]	Jun. 30, 2011 Palladium [Member]	Jun. 30, 2012 Palladium [Member]	Jun. 30, 2011 Palladium [Member]
Beginning balance	$ 3,702,000	$ 4,397,000	$ 3,739,000	$ 4,148,000	$ 3,960,000	$ 3,689,000
Change in net present value of the CPP							(695,000)	188,000	(37,000)	459,000
Ending balance	$ 3,702,000	$ 4,397,000	$ 3,739,000	$ 4,148,000	$ 3,960,000	$ 3,689,000

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Note 10 - Segment Information (Detail) - Long-lived Assets by Geographic Area (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012		Dec. 31, 2011
Long-lived assets (3):
Total long-lived assets	$ 18,479	[1]	$ 19,593	[1]
United States [Member]
Long-lived assets (3):
Long-lived assets	15,675	[1]	16,719	[1]
EMEA [Member]
Long-lived assets (3):
Long-lived assets	1,545	[1]	1,519	[1]
Other International [Member]
Long-lived assets (3):
Long-lived assets	$ 1,259	[1]	$ 1,355	[1]

[1] Long-lived assets consist of property, plant and equipment, net.

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Note 3 - Restricted Cash and Cash Equivalents and Restricted Investments Available for Sale (Detail) - Schedule of Restricted Cash Equivalents and Investments (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Restricted cash and cash equivalents	$ 750	$ 13,449
Total restricted cash and cash equivalents and restricted investments available for sale	750	22,602
US Treasury Securities [Member]
Restricted Investments Available for Sale	0	5,007
Corporate Notes and Bonds [Member]
Restricted Investments Available for Sale	0	4,062
Accrued Interest Income [Member]
Restricted Investments Available for Sale	0	84
Total Restricted Investments Available for Sale [Member]
Restricted Investments Available for Sale	0	9,153
Total [Member]
Total restricted cash and cash equivalents and restricted investments available for sale	$ 750	$ 22,602

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Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Long-Term Debt Outstanding (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012		Dec. 31, 2011
Secured Fixed Rate Term Loans with Financial Institutions of €1,100, or approximately $1,393, at June 30, 2012, with interest rates ranging from 5.42% to 5.60%, due between July 2012 and February 2013 and €1,320, or approximately $1,710, at December 31, 2011, with interest rates ranging from 5.42% to 5.84%, due between February 2012 and February 2013 (1)	$ 151	[1]	$ 394	[1]
Accrued interest	1		4
Total long-term debt	152		398
Current portion of long-term debt	152		250
Long-term debt	$ 0		$ 148

[1] These are secured by Palladium's assets including accounts receivable and/or intellectual property rights (i.e. trademarks), as well as Palladium common stock.

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Note 2 - Loss per Share (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Earnings Per Share Reconciliation [Table Text Block]

	Six Months Ended June 30,										Three Months Ended June 30,
	2012					2011					2012					2011
	Shares		Per Share Amount			Shares		Per Share Amount			Shares		Per Share Amount			Shares		Per Share Amount
Basic EPS		35,601	$	(0.52	)		35,433	$	(0.84	)		35,601	$	(0.33	)		35,475	$	(0.56	)
Effect of Dilutive Stock Options		0		0.00			0		0.00			0		0.00			0		0.00
Diluted EPS		35,601	$	(0.52	)		35,433	$	(0.84	)		35,601	$	(0.33	)		35,475	$	(0.56	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	Six Months Ended June 30,						Three Months Ended June 30,
	2012			2011			2012			2011
Options to purchase shares of common stock	3,869			1,160			3,869			1,160
Exercise prices	$2.76	to	$34.75	$11.52	to	$34.75	$2.76	to	$34.75	$11.52	to	$34.75
Expiration dates	July 2012 to June 2022			May 2012 to April 2021			July 2012 to June 2022			May 2012 to April 2021

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Note 7 - Bank Lines of Credit and Other Debt (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Debt [Table Text Block]

	June 30, 2012		December 31, 2011
Bank lines of credit	$	1,539	$	9,716
Long-term debt		152		398
Long-term capital leases		145		0
Total bank lines of credit, long-term debt and long-term capital leases	$	1,836	$	10,114
Outstanding letters of credit, not included above	$	294	$	280

Schedule of Line of Credit Facilities [Table Text Block]

	June 30, 2012		December 31, 2011
Secured Variable Rate Lines of Credit with Financial Institutions:
Bank line of credit of $35,000 at an interest rate of 4.50% at June 30, 2012, due April 23, 2016 (1)	$	0	$	0
Bank line of credit of $21,000 at an interest rate of 2.69% at December 31, 2011, due July 1, 2013 (2)		0		9,716
Facility of €4,000, or approximately $5,064, at June 30, 2012, at an interest rate of 1.34%, due December 31, 2012 and approximately $5,182, at December 31, 2011, at an interest rate of 2.13%, due December 31, 2012 (3)		1,032		0
Facilities of €1,000, or approximately $1,266, at June 30, 2012, at interest rates ranging from 1.85% to 2.83%, due June 30, 2012 and approximately $1,296, at December 31, 2011, at interest rates ranging from 2.56% to 3.12%, due December 31, 2011 (3) (4)		507		0
Total bank lines of credit	$	1,539	$	9,716
Outstanding letters of credit, not included above	$	294	$	280

Schedule of Term Debt Outstanding [Table Text Block]

	June 30, 2012		December 31, 2011
Secured Fixed Rate Term Loans with Financial Institutions of €1,100, or approximately $1,393, at June 30, 2012, with interest rates ranging from 5.42% to 5.60%, due between July 2012 and February 2013 and €1,320, or approximately $1,710, at December 31, 2011, with interest rates ranging from 5.42% to 5.84%, due between February 2012 and February 2013 (1)	$	151	$	394
Accrued interest		1		4
Total long-term debt	$	152	$	398
Current portion of long-term debt	$	152	$	250
Long-term debt	$	0	$	148

Schedule Of Capital Leases [Table Text Block]

	June 30, 2012
Capital leases for information systems, with interest rates ranging from 2.01% to 5.05%, due between June 2014 and December 2016	$	145
Current portion of long-term capital leases	$	61
Long-term capital leases	$	84
Leased property – Information systems, net	$	210

Schedule Of Interest Expense [Table Text Block]

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Interest expense	$	140	$	71	$	65	$	56

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Note 7 - Bank Lines of Credit and Other Debt (Detail) - Schedule of Outstanding Bank Lines of Credit (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012		Dec. 31, 2011
Total bank lines of credit	$ 1,539		$ 9,716
Outstanding letters of credit, not included above	294		280
Bank Line Of Credit One [Member]
Lines of Credit Balance	0	[1]	0	[1]
Bank Line Of Credit Two [Member]
Lines of Credit Balance	0	[2]	9,716	[2]
BankLineOfCreditThree[Member]
Lines of Credit Balance	1,032	[3]	0	[3]
Bank Line Of Credit Four [Member]
Lines of Credit Balance	507	[3],[4]	0	[3],[4]
Total [Member]
Total bank lines of credit	1,539		9,716
Outstanding Letters Of Credit [Member]
Outstanding letters of credit, not included above	$ 294		$ 280

[1] Secured by all assets of KSwiss Inc., KSwiss Sales Corp. and KSwiss Direct Inc. The amount available to borrow on this line of credit at June 30, 2012 was $20,530. See further discussion below.

[2] Fully secured by cash (or the Company's restricted cash and cash equivalents and restricted investments available for sale, see Note 3). This facility was fully paid off on April 25, 2012. See further discussion below.

[3] These lines of credit are secured by Palladium's assets including accounts receivable and/or intellectual property rights (i.e. trademarks), as well as Palladium common stock.

[4] These lines of credit are renewable every six months. Subsequent to June 30, 2012, these lines of credit were renewed until December 31, 2012 and the amount available to borrow will be 1,200 (or approximately $1,519).

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Note 4 - Investments Available for Sale (Detail) - Sale of Investments and Realized Gains (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Proceeds from sale of investments	$ 0	$ 12,853	$ 1,013	$ 23,812
Realized gain on sale of investments	$ 0	$ 6	$ 0	$ 12

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Consolidated Statements of Earnings/Loss and Comprehensive Earnings/Loss (Dollar amounts in thousands Shares in thousands, except per share amounts) (Unaudited) (Parentheticals) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Loss from discontinued operations, income tax expense	$ 0	$ 0	$ 0	$ 0
Foreign currency translation adjustments, income tax expense	0	0	0	0
Change in deferred gain/(loss) on hedge derivatives, income tax expense	0	0	0	0
Change in deferred (loss)/gain on investments available for sale and restricted investments available for sale, income tax expense	$ (1)	$ (16)	$ (1)	$ (30)

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Note 4 - Investments Available for Sale

6 Months Ended

Jun. 30, 2012

Available For Sale Investments [Text Block]

4.   Investments Available for Sale

The Company’s investments were classified as available for sale and stated at fair value and were as follows (in thousands):

	December 31, 2011
Corporate Notes and Bonds	$	2,024
Accrued interest income		33
Total investments available for sale	$	2,057

The Company capitalized any premiums paid or discounts received and amortized the premiums or accreted the discounts on a straight-line basis over the remaining term of the security.  Gross unrealized holding gains and losses were as follows (in thousands):

	June 30, 2011
Gross unrealized holding gains	$	24
Gross unrealized holding losses		2

The change in comprehensive income was as follows (in thousands):

	Six Months Ended June 30,					Three Months Ended June 30,
	2012		2011			2012		2011
Increase/(decrease) in comprehensive income	$	2	$	(45	)	$	0	$	(33	)

The Company received proceeds from the sale of investments available for sale and realized gain on sale as follows (in thousands):

	Six Months Ended June 30,				Three Months Ended June 30,
	2012		2011		2012		2011
Proceeds from sale of investments	$	1,013	$	23,812	$	0	$	12,853
Realized gain on sale of investments		0		12		0		6

Realized gains and losses are recognized using the actual cost of the investment.

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Note 9 - Income Taxes (Detail) (USD $)	Jun. 30, 2012	Dec. 31, 2008	Dec. 31, 2007
Deferred Tax Assets, Valuation Allowance	$ 48,266,000
Deferred Tax Assets, Net	2,659,000
Deferred Tax Asset Foreign Tax Credit	35,000
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	2,624,000
Unrecognized Tax Benefits	7,539,000
Unrecognized Tax Benefits, Interest on Income Taxes Accrued	1,377,000
Income Tax Examination Proposed Gross Liability		251,000	7,114,000
Income Tax Examination Proposed Penalty			1,186,000
Income Tax Examination Estimated Interest		$ 35,000	$ 1,745,000

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Note 13 - Form Athletics (Detail) - Results Of Discontinued Operations (USD $)	3 Months Ended				6 Months Ended
	Jun. 30, 2012		Jun. 30, 2011		Jun. 30, 2012		Jun. 30, 2011
Revenues	$ 44,752,000	[1]	$ 65,297,000	[1]	$ 114,070,000	[1]	$ 137,738,000	[1]
Cost of goods sold	31,207,000		42,863,000		74,268,000		86,782,000
Gross profit	13,545,000		22,434,000		39,802,000		50,956,000
Selling, general and administrative expenses	24,863,000		38,710,000		56,226,000		78,263,000
Impairment on intangibles and goodwill			3,689,000
Operating loss	(11,318,000)		(16,276,000)		(16,424,000)		(27,307,000)
Interest income, net	652,000		(86,000)		(43,000)		(147,000)
Net loss from discontinued operations	0		(2,626,000)		0		(3,852,000)
Form Athletics [Member]
Revenues			245,000				424,000
Cost of goods sold			172,000				347,000
Gross profit			73,000				77,000
Selling, general and administrative expenses			1,120,000				2,350,000
Impairment on intangibles and goodwill			3,689,000				3,689,000
Operating loss			(4,736,000)				(5,962,000)
Interest income, net			2,110,000				2,110,000
Net loss from discontinued operations			$ (2,626,000)				$ (3,852,000)

[1] Revenue is attributable to geographic regions based on the location of the Company's subsidiaries.

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Note 8 - Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

			Fair Value Measurements Using
	Total Carrying Value		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Forward exchange contracts – assets	$	581	$	0	$	581	$	0
Forward exchange contracts – liabilities		249		0		249		0
Contingent purchase price (“CPP”) – Palladium		3,702		0		0		3,702

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Note 4 - Investments Available for Sale (Detail) - Available for Sale Securities (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Available For Sale Securities	$ 0	$ 2,057
Corporate Debt Securities [Member]
Available For Sale Securities		2,024
Accrued Interest Income [Member]
Available For Sale Securities		33
Total [Member]
Available For Sale Securities		$ 2,057

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Note 14 - Recent Accounting Pronouncements

6 Months Ended

Jun. 30, 2012

Description of New Accounting Pronouncements Not yet Adopted [Text Block]

14. Recent Accounting Pronouncements

On January 1, 2012, the Company adopted ASU 2011-05, “Presentation of Comprehensive Income,” which improves the comparability of financial reporting and ensures that U.S. generally accepted accounting principles are aligned with International Accounting Standards.  The adoption of ASU 2011-05 did not have a material impact on the Company’s financial position and results of operations.