XML 49 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:    
Net income $ 160,374,000us-gaap_ProfitLoss $ 144,682,000us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion 37,808,000us-gaap_DepreciationAmortizationAndAccretionNet 32,469,000us-gaap_DepreciationAmortizationAndAccretionNet
Change in fair value of contingent consideration (1,559,000)us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 836,000us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Provision for doubtful accounts, net 987,000us-gaap_ProvisionForDoubtfulAccounts 439,000us-gaap_ProvisionForDoubtfulAccounts
Provision for deferred income taxes 1,342,000us-gaap_DeferredIncomeTaxExpenseBenefit (3,925,000)us-gaap_DeferredIncomeTaxExpenseBenefit
Stock compensation 9,450,000us-gaap_ShareBasedCompensation 10,732,000us-gaap_ShareBasedCompensation
Other 2,835,000us-gaap_OtherNoncashIncomeExpense 1,250,000us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:    
Trade accounts receivable (83,207,000)us-gaap_IncreaseDecreaseInAccountsReceivable (74,133,000)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (81,742,000)us-gaap_IncreaseDecreaseInInventories (2,496,000)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (29,843,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (51,141,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Income tax receivable 2,303,000us-gaap_IncreaseDecreaseInIncomeTaxesReceivable 4,799,000us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
Other assets (1,374,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets (4,334,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Trade accounts payable 94,365,000us-gaap_IncreaseDecreaseInAccountsPayableTrade 93,546,000us-gaap_IncreaseDecreaseInAccountsPayableTrade
Contingent consideration (364,000)deck_IncreaseDecreaseInContingentConsideration 0deck_IncreaseDecreaseInContingentConsideration
Accrued expenses 33,508,000us-gaap_IncreaseDecreaseInAccruedLiabilities 42,725,000us-gaap_IncreaseDecreaseInAccruedLiabilities
Income taxes payable 44,444,000us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 46,121,000us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Long-term liabilities 3,400,000us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities 4,788,000us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities
Net cash provided by operating activities 192,727,000us-gaap_NetCashProvidedByUsedInOperatingActivities 246,358,000us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Purchases of property and equipment (66,663,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (67,725,000)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Purchases of intangibles and other assets, net (9,489,000)us-gaap_PaymentsToAcquireIntangibleAssets (5,368,000)us-gaap_PaymentsToAcquireIntangibleAssets
Net cash used in investing activities (76,152,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (73,093,000)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Cash paid for shares withheld for taxes (3,956,000)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (4,932,000)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Excess tax benefits from stock compensation 1,614,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 1,801,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Cash paid for repurchases of common stock 13,306,000us-gaap_PaymentsForRepurchaseOfCommonStock  
Contingent consideration paid (115,000)deck_PaymentOfContingentConsiderationAndDeferredPayments 0deck_PaymentOfContingentConsiderationAndDeferredPayments
Proceeds from issuance of short-term borrowing 199,784,000us-gaap_ProceedsFromShortTermDebt 310,728,000us-gaap_ProceedsFromShortTermDebt
Cash paid for repayment of short-term borrowings (201,706,000)us-gaap_PaymentsOfDebtIssuanceCosts (311,000,000)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from Stock Options Exercised 0us-gaap_ProceedsFromStockOptionsExercised 52,000us-gaap_ProceedsFromStockOptionsExercised
Proceeds from mortgage loan 33,931,000us-gaap_ProceedsFromIssuanceOfLongTermDebt 0us-gaap_ProceedsFromIssuanceOfLongTermDebt
Mortgage loan origination costs (338,000)us-gaap_PaymentsOfLoanCosts 0us-gaap_PaymentsOfLoanCosts
Repayment of mortgage principal (157,000)us-gaap_RepaymentsOfLongTermDebt 0us-gaap_RepaymentsOfLongTermDebt
Net cash provided by (used in) financing activities 15,751,000us-gaap_NetCashProvidedByUsedInFinancingActivities (3,351,000)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rates on cash (7,972,000)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations 2,620,000us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
Net change in cash and cash equivalents 124,354,000us-gaap_NetCashProvidedByUsedInContinuingOperations 172,534,000us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash and cash equivalents at beginning of period 245,088,000us-gaap_CashAndCashEquivalentsAtCarryingValue 64,591,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 369,442,000us-gaap_CashAndCashEquivalentsAtCarryingValue  
Cash paid during the period for:    
Income taxes 4,363,000us-gaap_IncomeTaxesPaidNet 11,237,000us-gaap_IncomeTaxesPaidNet
Interest 2,660,000us-gaap_InterestPaidNet 2,518,000us-gaap_InterestPaidNet
Non-cash investing and financing activities:    
Accruals for purchases of property and equipment 2,593,000us-gaap_CapitalExpendituresIncurredButNotYetPaid 2,283,000us-gaap_CapitalExpendituresIncurredButNotYetPaid
Accruals for asset retirement obligations 297,000us-gaap_IncreaseDecreaseInAssetRetirementObligations 1,936,000us-gaap_IncreaseDecreaseInAssetRetirementObligations
Accruals for shares withheld for taxes 1,713,000deck_AccrualsForSharesWithheldForTaxes 3,702,000deck_AccrualsForSharesWithheldForTaxes
Write-off for shares exercised with a tax deficit $ 0deck_WriteOffForSharesExercisedWithTaxDeficit $ 1,752deck_WriteOffForSharesExercisedWithTaxDeficit