Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies

Schedule of future minimum commitments under the operating lease agreements

Year ending December 31:
2013	$	39,892
2014		35,375
2015		31,773
2016		28,448
2017		26,248
Thereafter		59,867
	$	221,603

Component of total rental expense

	Years Ended Decemer 31,
	2012		2011		2010
Minimum rentals	$	37,270	$	26,645	$	18,551
Contingent rentals		9,366		6,085		2,496
	$	46,636	$	32,730	$	21,047

Schedule of minimum purchase commitments

Year ending December 31:
2013*	$	341,112
2014		1,122
	$	342,234

*

Included in the 2013 amount are remaining commitments, net of deposits, that are also unconditional purchase obligations relating to sheepskin contracts. The Company enters into contracts requiring minimum purchase commitments of sheepskin that Deckers' affiliates, manufacturers, factories, and other agents (each or collectively, a "Buyer") must make on or before a specified target date. Under certain contracts, the Company may pay an advance deposit that shall be repaid to the Company as Buyers purchase goods under the terms of these agreements. Included in other current assets on the consolidated balance sheets is approximately $39,000 and $69,000 of advance deposits as of December 31, 2012 and 2011 respectively. In the event that a Buyer does not purchase certain minimum commitments on or before certain target dates, the supplier may retain a portion of the advance deposit until the amounts of the commitments are fulfilled. All of these agreements may result in unconditional purchase obligations if a Buyer does not meet the minimum purchase requirements. In the event that a Buyer does not purchase such minimum commitments, the Company shall be responsible for compliance with any and all minimum purchase commitments under these contracts. The contracts do not permit net settlement. The Company expects sheepskin purchases by third party factories will eventually exceed the contract levels. Therefore, management believes the likelihood of any non-performance payments under these contractual arrangements is remote and would have an immaterial effect on the consolidated statements of comprehensive income. The Company determined this based upon its projected sales and inventory purchases. Minimum commitments for these contracts as of December 31, 2012 were as follows:

Schedule of future commitments under purchase orders and other agreements

Contract Effective Date	Final Target Date	Advance Deposit	Total Minimum Commitment	Remaining Deposit	Remaining Commitment, Net of Deposit
October 2011	July 31, 2013	$50,000	$270,000	$39,383	$113,216
October 2012	September 30, 2013	$       —	$  83,000	$       —	$  79,500