<SEC-DOCUMENT>0000930413-17-003841.txt : 20180119
<SEC-HEADER>0000930413-17-003841.hdr.sgml : 20180119
<ACCEPTANCE-DATETIME>20171121151507
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000930413-17-003841
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20171121

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:		CORRESP

	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>CORRESP
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 29.4px; width: 293.3px"></TD>
    <TD STYLE="width: 50%"><P STYLE="font: 9pt Garamond, Times, Serif; margin: 0 0.05in 0 0; letter-spacing: -0.25pt; text-align: right">650 Page Mill Road</P>

<P STYLE="font: 9pt Garamond, Times, Serif; margin: 0 0.05in 0 0; letter-spacing: -0.25pt; text-align: right">Palo Alto, CA 94304-1050</P>

<P STYLE="font: 9pt Garamond, Times, Serif; margin: 4pt 0.05in 0 0; letter-spacing: -0.25pt; text-align: right"><FONT STYLE="font-size: 6pt">PHONE
</FONT>650.493.9300</P>

<P STYLE="font: 9pt Garamond, Times, Serif; margin: 0 0.05in 0 0; letter-spacing: -0.25pt; text-align: right"><FONT STYLE="font-size: 6pt">FAX
</FONT>650.493.6811</P>

<P STYLE="font: bold 8pt Garamond, Times, Serif; margin: 3pt 0.05in 0 0; letter-spacing: -0.25pt; text-align: right">www.wsgr.com&nbsp;</P>
</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>



<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-transform: uppercase">DOUGLAS K. SCHNELL</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">Internet: dschnell@wsgr.com</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0">Direct Dial: (650) 849-3275</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">November 21, 2017</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>BY EDGAR AND EMAIL</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Daniel Duchovny, Esq.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Frank Pigott, Esq.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Office of Mergers and Acquisitions</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Division of Corporation Finance</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Securities and Exchange Commission</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">100 F Street NE</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Washington, DC 20549</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%; padding-top: 12pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 7%; padding-top: 12pt; font-weight: bold">Re:</TD>
    <TD STYLE="width: 86%; padding-top: 12pt; font-weight: bold">Deckers Outdoor Corporation</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Definitive Additional Materials on Schedule 14A</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Filed on November 15, 2017</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">File No. 001-36436</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0">Dear Messrs. Duchovny and Pigott:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0.5in">On behalf of our client, Deckers Outdoor
Corporation (the &ldquo;Company&rdquo;), we submit this letter in response to the comment from the staff (the &ldquo;Staff&rdquo;)
of the Securities and Exchange Commission (the &ldquo;Commission&rdquo;) received by letter dated November 17, 2017, relating to
the Company&rsquo;s definitive additional materials on Schedule 14A filed with the Commission on November 15, 2017.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0.5in">In this letter, we have recited the comment
from the Staff in italicized, bold type and have followed that comment with the Company&rsquo;s response.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0in"><B><U>Materials Distributed to Certain
Investors on November 15, 2017</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0in"><U>Our Business Transformation Journey,
page 9</U></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B><I>1.</I></B></TD><TD><B><I>Please provide support for your statement that your initiatives are expected to lead to a 380 basis points improvement
in operating profit.</I></B></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0.5in">The Company respectfully advises the
Staff that this is an alternate way to express the Company&rsquo;s previously-announced operating margin target of 13.0%, which
the Company</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0.5in"></P>

<P STYLE="font: small-caps bold 8pt Garamond, Times, Serif; margin:0; text-align: center">austin &nbsp;&nbsp;beijing &nbsp;&nbsp;boston &nbsp;&nbsp;brussels
&nbsp;&nbsp;hong kong &nbsp;&nbsp;los angeles &nbsp;&nbsp;new york &nbsp;&nbsp;palo alto<BR>
san diego &nbsp;&nbsp;san francisco &nbsp;&nbsp;seattle &nbsp;&nbsp;shanghai &nbsp;&nbsp;washington, dc &nbsp;&nbsp;wilmington, de</P>



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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 21px; width: 209.5px"></P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Daniel Duchovny, Esq.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Frank Pigott, Esq.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">November 21, 2017</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">Page 2</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>




<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0">expects to achieve by the end of fiscal year 2020.<sup>1</sup>
It is calculated by taking the expected 13.0% operating margin and subtracting the Company&rsquo;s non-GAAP operating margin of
9.2% for fiscal year 2017. The result, which is 380 basis points, represents the targeted improvement in operating profit between
the end of fiscal year 2017 and the end of fiscal year 2020.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 0.5in">If the Staff has any questions or comments
concerning the foregoing, or requires any further information, please contact me at (650) 849-3275 or Bradley L. Finkelstein at
(650) 565-3514.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 0 3.25in">Very truly yours,</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in">WILSON SONSINI GOODRICH &amp; ROSATI</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in">Professional Corporation</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in">&nbsp;</P>


<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in">/s/ Douglas K. Schnell</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 8pt 0 0 3.25in">Douglas K. Schnell</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>cc:</TD>
    <TD COLSPAN="2">Deckers Outdoor Corporation</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 86%">Tom Garcia</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Lisa Bereda</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Wilson Sonsini Goodrich &amp; Rosati, Professional Corporation</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Larry W. Sonsini</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Bradley L. Finkelstein</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<HR ALIGN="LEFT" SIZE="1" STYLE="width: 25%">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><sup>1</sup>
The Company has disclosed this target on numerous occasions. For example, see the Company&rsquo;s DEFA14A filing on November 2,
2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
