DECKERS OUTDOOR CORP
For the period ended Dec 31, 2023. Filed Feb 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 5, 2024
DECK$90.43+4.3%Stored close · as of Nov 9, 2026
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Financial Statements Condensed Consolidated Balance Sheets (Unaudited)
ITEM 1. FINANCIAL STATEMENTS
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(dollar and share data amounts in thousands, except par value)
| December 31, 2023 | March 31, 2023 | |
|---|---|---|
| ASSETS · (AUDITED) | ||
| Cash and cash equivalents | $1,650,802 | $981,795 |
| Trade accounts receivable, net of allowances ($49,835 and $32,504 as of December 31, 2023, and March 31, 2023, respectively) | 331,677 | 301,511 |
| Inventories | 538,963 | 532,852 |
| Prepaid expenses | 36,138 | 33,788 |
| Other current assets | 75,905 | 55,523 |
| Income tax receivable | 15,369 | 4,784 |
| Total current assets | 2,648,854 | 1,910,253 |
| Property and equipment, net of accumulated depreciation ($348,875 and $317,508 as of December 31, 2023, and March 31, 2023, respectively) (Note 11) | 300,815 | 266,679 |
| Operating lease assets | 232,179 | 213,302 |
| Goodwill | 13,990 | 13,990 |
| Other intangible assets, net of accumulated amortization ($82,866 and $81,033 as of December 31, 2023, and March 31, 2023, respectively) | 35,798 | 37,457 |
| Deferred tax assets, net | 68,950 | 72,592 |
| Other assets | 46,873 | 41,930 |
| Total assets | $3,347,459 | $2,556,203 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Trade accounts payable | $507,161 | $265,605 |
| Accrued payroll | 86,378 | 63,781 |
| Operating lease liabilities | 51,124 | 50,765 |
| Other accrued expenses | 160,570 | 86,753 |
| Income tax payable | 109,350 | 17,322 |
| Value added tax payable | 12,859 | 13,154 |
| Total current liabilities | 927,442 | 497,380 |
| Long-term operating lease liabilities | 222,867 | 195,723 |
| Income tax liability | 52,585 | 62,032 |
| Other long-term liabilities | 40,375 | 35,335 |
| Total long-term liabilities | 315,827 | 293,090 |
| Commitments and contingencies (Note 5) | ||
| Stockholders’ equity | ||
| Common stock (par value $0.01 per share; 125,000 shares authorized; shares issued and outstanding of 25,650 and 26,176 as of December 31, 2023, and March 31, 2023, respectively) | 256 | 262 |
| Additional paid-in capital | 255,994 | 232,932 |
| Retained earnings | 1,890,314 | 1,571,574 |
| Accumulated other comprehensive loss (Note 8) | (42,374) | (39,035) |
| Total stockholders’ equity | 2,104,190 | 1,765,733 |
| Total liabilities and stockholders’ equity | $3,347,459 | $2,556,203 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.