<SEC-DOCUMENT>0001157523-17-001167.txt : 20170425
<SEC-HEADER>0001157523-17-001167.hdr.sgml : 20170425
<ACCEPTANCE-DATETIME>20170425161745
ACCESSION NUMBER:		0001157523-17-001167
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170425
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170425
DATE AS OF CHANGE:		20170425

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:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36436
		FILM NUMBER:		17781282

	BUSINESS ADDRESS:	
		STREET 1:		250 COROMAR DRIVE
		CITY:			GOLETA
		STATE:			CA
		ZIP:			93117
		BUSINESS PHONE:		8059677611

	MAIL ADDRESS:	
		STREET 1:		250 COROMAR DRIVE
		CITY:			GOLETA
		STATE:			CA
		ZIP:			93117

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DECKERS FOOTWEAR CORP
		DATE OF NAME CHANGE:	19930811
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51547172.htm
<DESCRIPTION>DECKERS OUTDOOR CORP. 8-K
<TEXT>
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      <br>
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 10pt"><b>Washington,
      D.C. 20549</b></font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 16pt"><b>FORM 8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">Date of
      Report (Date of earliest event reported): April 25, 2017</font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font><br><br>
    </p>
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        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-size: 16pt">DECKERS OUTDOOR CORPORATION</font>
          </p>
        </td>
      </tr>
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        <td valign="top" style="padding-left: 0.0px; text-align: center">
          (Exact name of registrant as specified in its charter)
        </td>
      </tr>
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        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-style: solid; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          Delaware
        </td>
      </tr>
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        <td valign="top" style="padding-left: 0.0px; text-align: center">
          (State or other jurisdiction of incorporation)
        </td>
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    </table>
    </div>
    <p>

    </p>
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    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
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          000-22446
        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; width: 50%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          95-3015862
        </td>
      </tr>
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        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          (Commission File Number)
        </td>
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          (IRS Employer Identification No.)
        </td>
      </tr>
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        <td style="width: 50%">

        </td>
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          &#160;
        </td>
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        <td valign="top" style="border-bottom-style: solid; width: 50%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          250 Coromar Drive, Goleta, California
        </td>
        <td valign="top" style="border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; width: 50%; border-bottom-width: 1.0pt; padding-left: 0.0px; text-align: center; border-bottom-color: black">
          93117
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          (Address of principal executive offices)
        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: center">
          (Zip code)
        </td>
      </tr>
    </table>
    </div>
    <p style="margin-left: 120.0px; margin-right: 120.0px; text-align: center">
      Registrant&#8217;s telephone number, including area code (805) 967-7611
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
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          &#160;
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        <td valign="top" style="padding-left: 0.0px; text-align: center">
          (Former name or former address, if changed since last report)
        </td>
      </tr>
    </table>
    </div>
    <p style="margin-left: 120.0px; margin-right: 120.0px; text-align: center">
      <br>

    </p>
    <p>

    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions </font>(see General Instruction A.2. below):
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 8.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Other Information.</b>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      On April 25, 2017, Deckers Outdoor Corporation (the &#8220;Company&#8221;) issued a
      press release announcing a review of strategic alternatives.&#160;&#160;A copy of
      the press release is attached as Exhibit 99.1 and incorporated herein by
      reference.<br><br><br><b>Item 9.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
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          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 4%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (d)
          </p>
        </td>
        <td valign="top" style="width: 28%; padding-left: 0.0px; text-align: left">
          Exhibits.
        </td>
        <td style="width: 60%">

        </td>
      </tr>
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        <td valign="top" style="width: 8%; padding-left: 0.0px; text-align: left">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 28%">

        </td>
        <td style="width: 60%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 8%; padding-left: 0.0px; text-align: left">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 28%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td valign="top" style="width: 60%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
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        <td valign="top" style="width: 8%; padding-left: 0.0px; text-align: left">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; width: 28%; padding-left: 0.0px; text-align: left">
          99.1
        </td>
        <td valign="top" style="width: 60%; padding-left: 0.0px; text-align: left">
          Press Release, dated April 25, 2017
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      <font style="font-family: Times New Roman; font-size: 10pt">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 hereunto duly authorized.</font>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="width: 5%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date:
          </p>
        </td>
        <td valign="top" style="width: 45%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            April 25, 2017
          </p>
        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Deckers Outdoor Corporation
          </p>
        </td>
      </tr>
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        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 5%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 45%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>/s/ Thomas A. George</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="width: 50%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Thomas A. George, Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; width: 100%; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
    <p style="margin-left: 150.0px">
      <br>

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="width: 20%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit No.</b>
          </p>
        </td>
        <td valign="top" style="width: 80%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Description</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 20%; padding-left: 0.0px; text-align: left">

        </td>
        <td style="width: 80%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-right: 0.0px; white-space: nowrap; width: 20%; padding-left: 0.0px; text-align: left">
          99.1
        </td>
        <td valign="top" style="width: 80%; padding-left: 0.0px; text-align: left">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press release, dated April 25, 2017, issued by the Company.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="margin-left: 150.0px">

    </p>
    <p>

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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51547172ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Deckers
      Brands Announces Review of Strategic Alternatives</b></font>
    </p>
    <p>
      GOLETA, Calif.--(BUSINESS WIRE)--April 25, 2017--Deckers Brands (NYSE:
      DECK), a global leader in designing, marketing and distributing
      innovative footwear, apparel and accessories, today announced that its
      Board of Directors has initiated a process to review a broad range of
      strategic alternatives. This review process includes an exploration and
      evaluation of strategic alternatives to enhance stockholder value, which
      may include a sale or other transaction.
    </p>
    <p>
      &#8220;We have made significant progress in streamlining our cost structure,
      optimizing our retail store fleet, and realigning our brands, with the
      goal of improving profitability,&#8221; said Dave Powers, President and Chief
      Executive Officer of Deckers. &#8220;The management team continues to remain
      focused on driving improvements in the business through our recently
      announced $150 million savings program. We are also continuing to
      explore additional margin enhancing opportunities and plan to further
      articulate more details on our upcoming year-end earnings call on May
      25, 2017.&#8221;
    </p>
    <p>
      With the Board of Directors and management team focused on enhancing
      stockholder value and a commitment to pursuing the right course of
      action for all stockholders, the Board believes now is an appropriate
      time to explore a broad range of strategic alternatives that may have
      the potential to unlock further value. While the Board conducts its
      review, the entire Deckers team remains committed to improving
      operations and profitability.
    </p>
    <p>
      Deckers has retained Moelis &amp; Company LLC as its financial advisor and
      Wilson Sonsini Goodrich &amp; Rosati, Professional Corporation, as its legal
      counsel to assist in the review process.
    </p>
    <p>
      In making the announcement, Deckers cautioned that there can be no
      assurance that the strategic review process will result in a
      transaction. Deckers has not set a timetable for completion of the
      review process, and it does not intend to comment further unless a
      specific transaction is approved by the Board of Directors, the review
      process is concluded or it is otherwise determined that further
      disclosure is appropriate or required by law.
    </p>
    <p>
      <b>About Deckers Brands</b>
    </p>
    <p>
      Deckers Brands is a global leader in designing, marketing and
      distributing innovative footwear, apparel and accessories developed for
      both everyday casual lifestyle use and high performance activities. The
      Company&#8217;s portfolio of brands includes UGG&#174;, Koolaburra&#174; by UGG, HOKA
      ONE ONE&#174;, Teva&#174; and Sanuk&#174;. Deckers Brands products are sold in more
      than 50 countries and territories through select department and
      specialty stores, Company-owned and operated retail stores, and select
      online stores, including Company-owned websites. Deckers Brands has a
      40-year history of building niche footwear brands into lifestyle market
      leaders attracting millions of loyal consumers globally. For more
      information, please visit <u>www.deckers.com</u>.
    </p>
    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      This press release contains &#8220;forward-looking statements&#8221; within the
      meaning of the federal securities laws, which statements are subject to
      considerable risks and uncertainties. These forward-looking statements
      are intended to qualify for the safe harbor from liability established
      by the Private Securities Litigation Reform Act of 1995. Forward-looking
      statements include all statements other than statements of historical
      fact contained in this press release, including statements regarding our
      exploration and evaluation of strategic alternatives; initiatives to
      improve profitability and expectations regarding future profitability;
      and cost savings and margin enhancing programs. We have attempted to
      identify forward-looking statements by using words such as &#8220;anticipate,&#8221;
      &#8220;remain,&#8221; &#8220;believe,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221;
      &#8220;plan,&#8221; &#8220;predict,&#8221; &#8220;project,&#8221; &#8220;should,&#8221; &#8220;will,&#8221; or &#8220;would,&#8221; and similar
      expressions or the negative of these expressions.
    </p>
    <p>
      Forward-looking statements represent our management&#8217;s current
      expectations and predictions about trends affecting our business and
      industry and are based on information available as of the time that such
      statements are made. Although we do not make forward-looking statements
      unless we believe that we have a reasonable basis for doing so, we
      cannot guarantee their accuracy or completeness. Forward-looking
      statements involve numerous known and unknown risks, uncertainties and
      other factors that may cause our actual results, performance or
      achievements to be materially different from any future results,
      performance or achievements predicted, assumed or implied by the
      forward-looking statements. Some of the risks and uncertainties that may
      cause our actual results to materially differ from those expressed or
      implied by these forward-looking statements are described in the section
      entitled &#8220;Risk Factors&#8221; in our Annual Report on Form 10-K for the fiscal
      year ended March 31, 2016, as well as in our other filings with the
      Securities and Exchange Commission.
    </p>
    <p>
      Except as required by applicable law or the listing rules of the New
      York Stock Exchange, we expressly disclaim any intent or obligation to
      update any forward-looking statements, or to update the reasons that
      actual results could differ materially from those expressed or implied
      by these forward-looking statements, whether to conform such statements
      to actual results or changes in our expectations, or as a result of the
      availability of new information.
    </p>
    <p>
      CONTACT:<br><b>Investor Contact:</b><br>Deckers Brands<br>Steve Fasching<br>VP,
      Strategy &amp; Investor Relations<br>805.967.7611<br>or<br><b>Media
      Contact:</b><br>Joele Frank, Wilkinson Brimmer Katcher<br>Eric Brielmann
      / Amy Feng<br>415.869.3950<br>or<br>Andi Rose<br>212.355.4449
    </p>
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