XML 19 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
13. SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2013
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
13. SUBSEQUENT EVENTS

Subsequent to the end of the quarter, we announced that we signed a definitive asset purchase agreement with Kommonwealth, Inc. to acquire certain assets including the Creative Recreation trademark, a lifestyle footwear brand best known for its popular crossover between athletic sneakers and dress shoes. The total purchase price will be approximately $11 million, subject to a working capital adjustment. The acquisition will be funded by our existing cash balances and funds available under our existing revolving credit facility. The acquisition is subject to customary closing conditions and is expected to close in the fourth quarter of 2013.