-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GOKbkiL/G/QOUp1SRra0xg0U+uH/vJRYkudIYErpFeeEhjlWagLht8G3bLKOEw6B jH5Kvxjq9yk2XjpNvFaPpA== 0001104659-08-060909.txt : 20081117 0001104659-08-060909.hdr.sgml : 20081117 20080929140633 ACCESSION NUMBER: 0001104659-08-060909 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DECKERS OUTDOOR CORP CENTRAL INDEX KEY: 0000910521 STANDARD INDUSTRIAL CLASSIFICATION: RUBBER & PLASTICS FOOTWEAR [3021] IRS NUMBER: 953015862 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 495A SOUTH FAIRVIEW AVENUE CITY: GOLETA STATE: CA ZIP: 93117 BUSINESS PHONE: 8059677611 MAIL ADDRESS: STREET 1: 495-A S FAIRVIEW AVE CITY: GOLETA STATE: CA ZIP: 93117 FORMER COMPANY: FORMER CONFORMED NAME: DECKERS FOOTWEAR CORP DATE OF NAME CHANGE: 19930811 CORRESP 1 filename1.htm

 

September 25, 2008

 

By facsimile to (202) 772-9368 and U.S. Mail

 

Mr. Edward M. Kelly, Esq.

U.S. Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, D.C. 20549

 

Re:

Deckers Outdoor Corporation

 

Annual Report on Form 10-K for the fiscal year ended December 31, 2007

 

Filed February 29, 2008

 

File No. 0-22446

 

Dear Mr. Kelly:

 

This letter is being submitted by Deckers Outdoor Corporation (“the Company”) in response to the comment on the Company’s above referenced Annual Report on Form 10-K contained in the staff letter dated September 18, 2008.  For your convenience, we have included your comment with this letter.

 

Liquidity and Capital Resources, page 47

 

Comment :

Disclosure states that the agreements underlying Deckers’ revolving credit facility contain financial covenants.  State in future filings what the limits of all material financial ratios and tests are under Deckers’ outstanding debt instruments.  We note the disclosure in the financial statements’ note 7 in the quarterly report on Form 10-Q for the quarter ended June 30, 2008 that Deckers was in default because it had less than one million dollars of net income for the three months ended June 30, 2008.

 

Response:

The Company notes the staff’s comment and will disclose the limits of all material financial ratios and tests under the Company’s outstanding debt instruments in future filings.

 

The Company acknowledges that (a) it is responsible for the adequacy and accuracy of the disclosure in its filings; (b) SEC staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the filing; (c) the Company may not assert staff comments as defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

 

1


 

Please advise us if we can provide any further information or assistance.   You may contact me at (805) 967-7611 with any questions.

 

 

Sincerely,

 

 

 

 

 

/s/ Thomas R. Hillebrandt

 

Thomas R. Hillebrandt

 

Chief Financial Officer

 

Deckers Outdoor Corporation

 

 

cc:

Angel R. Martinez

 

President and Chief Executive Officer

 

Deckers Outdoor Corporation

 

2

 -----END PRIVACY-ENHANCED MESSAGE-----