Deckers Outdoor (DECK) 10-Q 9 Nov 16 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Sep. 30, 2016	Oct. 28, 2016
Document and Entity Information
Entity Registrant Name	DECKERS OUTDOOR CORP
Entity Central Index Key	910,521
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		32,084,838
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Sep. 30, 2016	Mar. 31, 2016
Current assets:
Cash and cash equivalents	$ 110,047	$ 245,956
Trade accounts receivable, net of allowances ($30,830 at September 30, 2016 and $30,195 at March 31, 2016)	300,159	160,154
Inventories	578,027	299,911
Prepaid expenses	20,454	18,249
Other current assets	48,030	38,039
Income taxes receivable	18,312	23,456
Total current assets	1,075,029	785,765
Property and equipment, net of accumulated depreciation ($176,246 at September 30, 2016 and $163,807 at March 31, 2016)	246,723	237,246
Goodwill	127,934	127,934
Other intangible assets, net of accumulated amortization ($49,375 at September 30, 2016 and $45,302 at March 31, 2016)	78,740	83,026
Deferred tax assets	21,574	20,636
Other assets	22,601	23,461
Total assets	1,572,601	1,278,068
Current liabilities:
Short-term borrowings	278,026	67,475
Trade accounts payable	202,917	100,593
Accrued payroll	26,148	20,625
Other accrued expenses	25,034	39,449
Income taxes payable	3,784	6,461
Value added tax payable	9,952	3,895
Total current liabilities	545,861	238,498
Long-term liabilities:
Mortgage payable	32,366	32,631
Income tax liability	9,306	9,073
Deferred rent obligations	15,711	16,139
Other long-term liabilities	12,083	14,256
Total long-term liabilities	69,466	72,099
Commitments and contingencies (Note 7)
Stockholders’ equity:
Common stock ($0.01 par value; 125,000 shares authorized; shares issued and outstanding of 32,084 at September 30, 2016 and 32,020 at March 31, 2016)	321	320
Additional paid-in capital	165,812	161,259
Retained earnings	806,836	826,449
Accumulated other comprehensive loss	(15,695)	(20,557)
Total stockholders’ equity	957,274	967,471
Total liabilities and stockholders' equity	$ 1,572,601	$ 1,278,068

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Mar. 31, 2016
Statement of Financial Position [Abstract]
Trade accounts receivable, allowances (in dollars)	$ 30,830	$ 30,195
Accumulated depreciation	176,246	163,807
Accumulated amortization	$ 49,375	$ 45,302
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized shares	125,000,000	125,000,000
Common stock, issued shares	32,084,000	32,020,000
Common stock, outstanding shares	32,084,000	32,020,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Net sales	$ 485,944	$ 486,855	$ 660,337	$ 700,660
Cost of sales	269,519	272,742	367,660	399,951
Gross profit	216,425	214,113	292,677	300,709
Selling, general and administrative expenses	162,402	162,900	316,973	313,204
Income (loss) from operations	54,023	51,213	(24,296)	(12,495)
Other expense (income), net:
Interest income	(103)	(65)	(307)	(181)
Interest expense	1,943	1,532	3,378	2,567
Other, net	(289)	(96)	(958)	(41)
Total other expense, net	1,551	1,371	2,113	2,345
Income (loss) before income taxes	52,472	49,842	(26,409)	(14,840)
Income tax expense (benefit)	13,167	13,465	(6,796)	(3,890)
Net income (loss)	39,305	36,377	(19,613)	(10,950)
Other comprehensive income (loss), net of tax:
Unrealized gain (loss) on foreign currency hedging	(890)	1,027	2,019	(436)
Foreign currency translation adjustment	(856)	(1,091)	2,843	1,675
Total other comprehensive income (loss)	(1,746)	(64)	4,862	1,239
Comprehensive income (loss)	$ 37,559	$ 36,313	$ (14,751)	$ (9,711)
Net income (loss) per share:
Basic (in USD per share)	$ 1.23	$ 1.12	$ (0.61)	$ (0.33)
Diluted (in USD per share)	$ 1.21	$ 1.11	$ (0.61)	$ (0.33)
Weighted-average common shares outstanding:
Basic (in shares)	32,057	32,511	32,041	32,812
Diluted (in shares)	32,422	32,775	32,041	32,812

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net loss	$ (19,613)	$ (10,950)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation, amortization and accretion	25,885	25,063
Change in fair value of contingent consideration	0	(1,806)
Provision for doubtful accounts, net	610	3,531
Deferred tax provision	(2,147)	153
Stock compensation	4,661	6,235
Loss (gain) on sale of assets	534	(938)
Impairment of long-lived assets	0	2,235
Restructuring costs	2,632	0
Other	0	287
Changes in operating assets and liabilities:
Trade accounts receivable	(140,615)	(147,330)
Inventories	(278,117)	(355,242)
Prepaid expenses and other current assets	(10,090)	(7,914)
Income tax receivable	6,665	(7,507)
Other assets	858	(215)
Trade accounts payable	102,324	160,514
Contingent consideration	0	(797)
Accrued expenses	21,845	6,124
Income taxes payable	(2,678)	(3,705)
Long-term liabilities	(2,370)	3,875
Net cash used in operating activities	(289,616)	(328,387)
Cash flows from investing activities:
Purchases of property and equipment	(31,626)	(36,484)
Purchases of tangible, intangible, and other assets, net	0	(4,700)
Proceeds from sale of assets	0	2,435
Net cash used in investing activities	(31,626)	(38,749)
Cash flows from financing activities:
Proceeds from issuance of short-term borrowings	302,801	342,335
Proceeds from issuance of stock under ESPP	412	0
Repayments of short-term borrowings	(91,900)	(30,896)
Cash paid for shares withheld for taxes	(4,037)	(413)
Excess tax benefit from stock compensation	1,084	59
Cash paid for repurchases of common stock	0	(69,201)
Contingent consideration paid	(19,784)	(161)
Repayment of mortgage principal	(252)	(239)
Net cash provided by financing activities	188,324	241,484
Effect of exchange rates on cash	(2,991)	284
Net change in cash and cash equivalents	(135,909)	(125,368)
Cash and cash equivalents at beginning of period	245,956	225,143
Cash and cash equivalents at end of period	110,047	99,775
Cash paid (refunded) during the period for:
Income taxes, net of $6,592 payments in fiscal year 2017	(9,407)	6,582
Income taxes paid	6,592
Interest	2,289	785
Non-cash investing and financing activities:
Accrued for purchases of property and equipment	1,875	2,621
Accrued for asset retirement obligations	517	558
Accrued for shares withheld for taxes	$ 6	$ 0

General

General	6 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General Basis of Presentation The unaudited condensed consolidated financial statements have been prepared on the same basis as the annual audited consolidated financial statements and, in the opinion of management, reflect all adjustments necessary for a fair presentation for each of the periods presented. The results of operations for interim periods are not necessarily indicative of results to be achieved for full fiscal years or other interim periods. Deckers Outdoor Corporation (the Company) 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’s business is seasonal, with the highest percentage of UGG® (UGG) brand net sales occurring in the quarters ending September 30 and December 31 and the highest percentage of Teva® (Teva) and Sanuk® (Sanuk) brands net sales occurring in the quarters ending March 31 and June 30 of each year. Net sales of the other brands do not have a significant seasonal impact on the Company. The Company sells its products through domestic retailers and international distributors and retailers, as well as directly to end-user consumers through the Direct-to-Consumer (DTC) reporting segment. Independent third parties manufacture all of the Company's products. As contemplated by the Securities and Exchange Commission (SEC) under Rule 10-01 of Regulation S-X, the accompanying unaudited condensed consolidated financial statements and the accompanying notes thereto have been condensed and do not contain certain information that will be included in the Company’s annual audited consolidated financial statements and the accompanying notes thereto. See the audited consolidated financial statements and the accompanying notes thereto included in the Company’s Annual Report on Form 10-K, for the fiscal year ended March 31, 2016, filed with the SEC on May 31, 2016 for further information. Use of Estimates The preparation of the Company’s unaudited condensed consolidated financial statements in accordance with United States generally accepted accounting principles (US GAAP) requires management to make estimates and assumptions that affect the amounts reported in these unaudited condensed consolidated financial statements and the accompanying notes thereto. Management bases these estimates and assumptions upon historical experience, existing and known circumstances, authoritative accounting pronouncements and other factors that management believes to be reasonable. Significant areas requiring the use of management's estimates relate to inventory write-downs, accounts receivable allowances, returns liabilities, stock-based compensation, impairment assessments, depreciation and amortization, income tax liabilities, uncertain tax positions and income taxes receivable, the fair value of financial instruments, and the fair values of assets and liabilities, including goodwill and other intangible assets. Actual results could differ materially from these estimates. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in US GAAP when it becomes effective. The standard permits the use of either the retrospective or cumulative effect transition method. On August 12, 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers, which provides for a one-year deferral of the effective date of ASU No. 2014-09, as well as early application, which will be effective for the Company on April 1, 2018. In March 2016, the FASB issued ASU No. 2016-08, Principal versus Agent Considerations (Reporting Revenue Gross versus Net), which clarifies how to apply the implementation guidance related to principal versus agent considerations within ASU No. 2014-09. The Company is evaluating the effect that these ASUs will have on its condensed consolidated financial statements and related disclosures. The Company has not yet selected a transition method, nor has it determined the effect of the standard on its ongoing financial reporting. However, the adoption of the new revenue standard is not expected to have a material impact on the condensed consolidated financial statements and related disclosures. In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which changed the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. US GAAP currently requires that, at each financial statement date, entities measure inventory at the lower of cost or market, which is typically determined by reference to the current replacement cost. This ASU is effective for the Company on April 1, 2017, with early adoption permitted. The Company is evaluating the effect this ASU will have on its condensed consolidated financial statements and related disclosures, but it is not expected to have a material impact. In February 2016, the FASB issued ASU No. 2016-02, Leases, to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The new standard requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous US GAAP. A lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) at fair value and an offsetting right-of-use asset representing its right to use the underlying asset for the lease term. When measuring assets and liabilities arising from a lease, a lessee (and a lessor) should include payments to be made in optional periods only if the lessee is reasonably certain that it will exercise an option to extend the lease or not exercise an option to terminate the lease. Similarly, optional payments to purchase the underlying asset should be included in the measurement of lease assets and lease liabilities only if the lessee is reasonably certain that it will exercise that purchase option. This ASU is effective for the Company on April 1, 2019. The Company is evaluating the effect that the adoption of this ASU No. 2016-02 will have on its condensed consolidated financial statements and related disclosures. Since the Company utilizes operating leases for most of its facilities and retail stores, it is anticipated that adoption of this ASU will have a material impact on its balance sheet presentation. In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, which requires an entity to recognize excess tax benefits and certain tax deficiencies associated with employee share-based payment awards in the income statement instead of in additional paid-in-capital when the awards vest or are settled, and present excess tax benefits as an operating activity on the statement of cash flows instead of as a financing activity. This ASU also allows entities to repurchase more of an employee’s shares for tax withholding purposes without triggering liability accounting, and to make a policy election to either estimate the number of awards that are expected to vest or to account for forfeitures as they occur. In addition, the cash paid by an entity to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation is required to be classified as a financing activity on its statement of cash flows. This ASU is effective for the Company on April 1, 2017, with early adoption permitted. The Company is evaluating the effect that the adoption of this ASU will have on its condensed consolidated financial statements and related disclosures, but it is not expected to have a material impact. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows, Classification of Certain Cash Receipts and Cash Payments. The ASU addressed specific cash flow issues with the objective of reducing the diversity in practice prior to issuance of the update. This ASU is applicable for the Company on April 1, 2018, with early adoption permitted. The Company is evaluating the effect that the adoption of this ASU will have on its statement of cash flows and related disclosures, but it is not expected to have a material impact.

Restructuring

Restructuring	6 Months Ended
	Sep. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring In February 2016, the Company announced the implementation of a retail store fleet optimization and office consolidation that is intended to streamline brand operations, reduce overhead costs, create operating efficiencies and improve collaboration, and includes the closure of facilities and relocation of employees. The Company has begun to realign its brands across two groups: Fashion Lifestyle and Performance Lifestyle. The Fashion Lifestyle group will include the UGG and Koolaburra® by UGG (Koolaburra) brands. The Performance Lifestyle group includes the Teva, Sanuk, Hoka One One® (Hoka) and Ahnu® (Ahnu) brands. As part of this realignment, we also relocated our Sanuk brand operations in Irvine, California to our corporate headquarters in Goleta, California. In addition, we closed our Ahnu brand operations office in Richmond, California and consolidated our European offices. The Company is in the process of evaluating its portfolio of retail stores. The Company identified 24 retail stores that are candidates for potential closure and has closed 10 stores in total as of September 30, 2016 . Subsequent to the sales of the Company's discontinued MOZO and TSUBO brands, in July 2015 and February 2016, respectively, the operating results for the other brands segment include only the Hoka, Ahnu and Koolaburra brands. The Company plans to leverage elements of the Ahnu brand, including particular styles, under the Teva brand beginning in calendar year 2017. As a result of the restructuring, the Company has incurred charges totaling approximately $27,400 through September 30, 2016 . Of the total amount, approximately $3,600 remained accrued at September 30, 2016 , and is expected to be paid during fiscal year 2017. Restructuring charges are reflected in selling, general and administrative expenses and the related liability is reflected in other accrued expenses. It is anticipated that the Company will incur an additional $7,000 to $12,000 of similar restructuring costs during the remainder of fiscal year 2017. The following table summarizes these restructuring charges: Lease Termination Costs Severance Costs Leasehold Impairments Software Impairments Other Total Fiscal year 2016 charges $ 8,900 $ 4,000 $ 5,800 $ 3,800 $ 2,300 $ 24,800 Paid in cash (1,200 ) (600 ) — — — (1,800 ) Non-cash — — (5,800 ) (3,800 ) (500 ) (10,100 ) Liability as of March 31, 2016 7,700 3,400 — — 1,800 12,900 Additional charges 1,500 1,000 100 — — 2,600 Paid in cash (6,800 ) (3,200 ) — — (1,800 ) (11,800 ) Non-cash — — (100 ) — — (100 ) Liability as of September 30, 2016 $ 2,400 $ 1,200 $ — $ — $ — $ 3,600

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The Company’s goodwill and other intangible assets are summarized as follows: Goodwill Other Intangible Assets, Net Balance at March 31, 2016 $ 127,934 $ 83,026 Amortization expense — (4,135 ) Changes in foreign currency exchange rates — (151 ) Balance at September 30, 2016 $ 127,934 $ 78,740 The Company’s goodwill by segment is summarized as follows: September 30, March 31, UGG brand $ 6,101 $ 6,101 Sanuk brand 113,944 113,944 Other brands 7,889 7,889 Total $ 127,934 $ 127,934 Goodwill is initially recorded as the excess of the purchase price over the fair value of the brand or other assets acquired in a business combination. Consistent with the applicable accounting guidance, goodwill is subsequently tested annually for impairment. If, as of the time of conducting the impairment test, it is determined that the value of the brand, as determined by reference to product sales, operating margins or other indicators of value associated with the brand, has declined to a point that the fair value of the brand is below the carrying amount of goodwill for the brand, the Company may be required to write down the amount of goodwill (i.e. take an impairment charge). The Company evaluates Sanuk goodwill and Teva trademarks for impairment at October 31 of each year, and evaluates UGG and the other brands’ goodwill for impairment at December 31 of each year. The Company also performs interim evaluations of goodwill impairment if events or changes in circumstances between annual tests suggest additional testing may be warranted to determine if goodwill may be impaired. The assessment of goodwill impairment involves valuing the Company’s various reporting units that carry goodwill, which are currently the same as the Company’s operating segments. As noted in the table above, most of the Company’s goodwill is related to the Sanuk wholesale reportable segment, with the remaining goodwill related to the UGG and other brands wholesale reportable segments. Based on an assessment of relevant qualitative factors as required by the applicable accounting guidance, the Company determined that it was not required to conduct an interim evaluation of goodwill and intangible assets impairment as of September 30, 2016. While the October 31 impairment analysis is still in the early stages in conjunction with the Company's review of the long-term strategic plan for the Sanuk operating segment, it is possible that the annual analysis of Sanuk goodwill could result in an impairment charge. The test for impairment involves the use of estimates and assumptions related to the fair value of the brands with which goodwill is associated. For purposes of testing goodwill impairment, the Company uses the same estimates that it uses to manage its business, including future sales and operating results, and other factors that could affect fair value or otherwise indicate potential impairment. The Company also considers the brands’ ability to generate income from operations and positive cash flow in future periods, as well as changes in consumer demand or acceptance of the brand’s products. The fair value determination could change materially if different estimates and assumptions were used. Furthermore, the estimates and assumptions used to calculate the fair value of a brand may change from period to period based upon a number of factors, including actual operating results, declining market conditions, changes in the retail environment, and increased competition, and are subject to a high degree of uncertainty. Changes in estimates and assumptions used to determine whether impairment exists, or changes in actual results compared to expected results, could result in impairment charges in future periods.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The fair values of the Company’s cash and cash equivalents, trade accounts receivable, inventories, prepaid expenses, income taxes receivable, other current assets, short-term borrowings, trade accounts payable, accrued payroll, other accrued expenses, income taxes payable and value added taxes payable approximate the carrying values due to the relatively short maturities of these assets and liabilities. The fair values of the Company’s long-term liabilities do not significantly differ from the carrying values. The Company records the fair value of assets or liabilities associated with derivative instruments and hedging activities in other current assets or other accrued expenses, respectively, in the condensed consolidated balance sheets. The Company has established a nonqualified deferred compensation program that permits a select group of management employees to defer earnings to a future date on a nonqualified basis. For each plan year, on behalf of the Company, the Company's Board of Directors may, but is not required to, contribute any amount it desires to any participant under this program. In March 2015, the Company's Board of Directors approved a company contribution feature for future plan years beginning in calendar year 2016 and gave the authority to management to approve actual contributions. At September 30, 2016 and March 31, 2016 , no payment was made or pending. The value of the deferred compensation is recognized based on the fair value of the participants’ accounts. The Company has established a rabbi trust for the purpose of supporting the benefits payable under this program, with the assets invested in company-owned life insurance policies reported in other assets on the condensed consolidated balance sheets. Deferred compensation of $3,454 and $308 is included in other accrued expenses and $3,343 and $5,993 is included in other long-term liabilities in the condensed consolidated balance sheets at September 30, 2016 and March 31, 2016 , respectively. The inputs used in measuring fair value are prioritized into the following fair value hierarchy: • Level 1: Quoted prices in active markets for identical assets or liabilities. • Level 2: Observable inputs other than quoted prices in active markets for identical assets and liabilities. • Level 3: Unobservable inputs in which little or no market activity exists, therefore requiring the reporting entity to develop its own assumptions. The assets and liabilities that are measured on a recurring basis at fair value are summarized as follows: Fair Value at September 30, Fair Value Measurement Using 2016 Level 1 Level 2 Level 3 Assets (liabilities) at fair value: Nonqualified deferred compensation asset $ 6,445 $ 6,445 $ — $ — Nonqualified deferred compensation liability (6,797 ) (6,797 ) — — Designated derivatives asset 4,649 — 4,649 — Designated derivatives liability (900 ) — (900 ) — Non-designated derivatives assets 358 — 358 — Non-designated derivatives liability (105 ) — (105 ) — Contingent consideration for acquisition of business (300 ) — (300 ) — Fair Value at March 31, Fair Value Measurement Using 2016 Level 1 Level 2 Level 3 Assets (liabilities) at fair value: Nonqualified deferred compensation asset $ 6,083 $ 6,083 $ — $ — Nonqualified deferred compensation liability (6,301 ) (6,301 ) — — Designated derivatives asset 2,903 — 2,903 — Designated derivatives liability (2,549 ) — (2,549 ) — Contingent consideration for acquisition of business (20,000 ) — — (20,000 ) The Level 2 inputs consist of forward spot rates at the end of the applicable period. The Level 3 inputs include subjective assumptions used to value the contingent consideration liability in connection with prior acquisitions. The contingent consideration amount at September 30, 2016 represents the remaining liability related to the purchase of the Hoka brand. Sanuk. During the six months ended September 30, 2016 , the final contingent consideration payment attributable to the Sanuk brand acquisition was made in the amount of $19,700 . Hoka One One. The purchase price for the Hoka brand, acquired in September 2012, includes contingent consideration of up to $2,000 , of which approximately $1,700 has been paid. At September 30, 2016 , the final contingent consideration payment of approximately $300 is pending final disbursement.

Income Taxes

Income Taxes	6 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company files income tax returns in the US federal jurisdiction and various state, local, and foreign jurisdictions. When tax returns are filed, some positions taken are subject to uncertainty about the merits of the position taken or the amount that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which the Company believes it is more likely than not that the position will be sustained upon examination. Tax positions that meet the more likely than not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized upon settlement. The portion of the benefits that exceed the amounts measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying condensed consolidated balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon settlement. The Company had no additional accruals for unrecognized tax benefits during the three and six months ended September 30, 2016 . The balance of gross unrecognized tax benefits at September 30, 2016 is $8,695 , of which $7,482 is reflected in the non-current income tax liability and the remainder is included in the current income taxes payable in the condensed consolidated balance sheets. The accrual relates to tax positions taken in years that are subject to examination. The Company recorded additional accruals for interest and potential penalties of $106 and $302 , respectively, related to income tax matters on the condensed consolidated statements of comprehensive loss during the three and six months ended September 30, 2016 . At September 30, 2016 , accrued interest and potential penalties are $2,144 , of which $1,824 is reflected in the non-current income tax liability and the remainder is reflected in the current income taxes payable in the condensed consolidated balance sheets.

Notes Payable and Long Term Deb

Notes Payable and Long Term Debt	6 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Notes Payable and Long Term Debt	Notes Payable and Long Term Debt Domestic Line of Credit. In August 2015, the Company entered into an amendment to the Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, National Association (as amended, Second Amended and Restated Credit Agreement) to add certain foreign subsidiaries as borrowers. At September 30, 2016 , the Company had $255,000 of outstanding borrowings under the Second Amended and Restated Credit Agreement and outstanding letters of credit of approximately $600 . As a result, the available borrowings under the Second Amended and Restated Credit Agreement were approximately $144,400 as of September 30, 2016. Amounts outstanding are included in short-term borrowings in the condensed consolidated balance sheet at September 30, 2016 and March 31, 2016 . Interest is tied to the prime rate or, at the Company's election, to the adjusted London Interbank Offered Rate. At September 30, 2016 , the effective and prime interest rates were 2.03% and 4.00% , respectively. In October 2016, the Company amended the Second Amended and Restated Credit Agreement to allow increased borrowing under its credit facility in China (as amended by the first amendment and second amendment described below, the Second Amended China Credit Facility). At November 9, 2016 , the Company had a total outstanding balance of approximately $266,600 and available borrowings of approximately $133,400 . China Line of Credit. In October 2015, the Company entered into a first amendment to its credit facility in China to provide for an increase in the uncommitted revolving line of credit to CNY 150,000 , or approximately $22,500 , including a sublimit of CNY 50,000 , or approximately $7,500 , for the Company's wholly owned subsidiary, Deckers Footwear (Shanghai) Co., LTD. During the quarter ended September 30, 2016 , the Company borrowed approximately $13,500 under the Second Amended China Credit Facility, resulting in a total outstanding balance of approximately $22,500 and no available borrowings at September 30, 2016 . Amounts outstanding are included in short-term borrowings in the condensed consolidated balance sheet at September 30, 2016 . Interest is based on the People’s Bank of China rate, which was 4.35% at September 30, 2016 . In October 2016, the Company entered into a second amendment to its credit facility with China to provide for an increase in the line of credit to an aggregate of CNY 300,000 , or approximately $45,000 . At November 9, 2016 , the Company had a total outstanding balance of approximately $16,500 and available borrowings of approximately $28,500 . Japan Line of Credit. In March 2016, Deckers Japan, G.K., a wholly owned subsidiary of the Company, entered into a credit facility in Japan (Japan Credit Facility) that provides for an uncommitted bilateral revolving line of credit of up to JPY 5,500,000 , or approximately $54,000 , for a maximum term of six months for each draw on the facility. The Japan Credit Facility renews annually, and is guaranteed by the Company. Interest is based on the Tokyo Interbank Offered Rate for three months plus 0.40% . At September 30, 2016 , the effective interest rate was 0.46% . At September 30, 2016 , the Company had no outstanding borrowings. At November 9, 2016 , the Company had a total outstanding balance of approximately $21,000 and available borrowings of approximately $33,000 .

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Purchase Obligations. There were no material changes to the purchase obligations for product, sheepskin and various other service and promotional agreements reported in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2016, other than those which occurred in the ordinary course of business. The Company had $5,000 of material commitments for future capital expenditures as of September 30, 2016. Litigation. From time to time, the Company is involved in various legal proceedings and claims arising in the ordinary course of its business. Although the results of legal proceedings and claims cannot be predicted with certainty, the Company currently believes that the final outcome of these ordinary course matters will not, individually or in the aggregate, have a material adverse effect on its business, operating results, financial condition or cash flows. However, regardless of the outcome, litigation can have an adverse impact on the Company because of legal costs, diversion of management time and resources, and other factors. Contingent Consideration. During the six months ended September 30, 2016 , the final contingent consideration payment attributable to the Sanuk brand acquisition was made in the amount of $19,700 . The purchase price for the Hoka brand includes contingent consideration of up to $2,000 , of which approximately $1,700 has been paid. At September 30, 2016 , the final contingent consideration payment of approximately $300 is pending disbursement. Indemnification. The Company has agreed to indemnify certain of its licensees, distributors, and promotional partners in connection with claims related to the use of the Company’s intellectual property. The terms of such agreements range up to five years initially and generally do not provide for a limitation on the maximum potential future payments. From time to time, the Company also agrees to indemnify its licensees, distributors and promotional partners in connection with claims that the Company’s products infringe the intellectual property rights of third parties. These agreements may or may not be made pursuant to a written contract. In addition, from time to time, the Company also agrees to standard indemnification provisions in commercial agreements in the ordinary course of business. Management believes that the likelihood of any payments under any of these arrangements is remote and, if they were to occur, would be immaterial. This determination was made based on the Company's prior history of claims and related payments. There are no currently pending claims relating to indemnification matters.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Sep. 30, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders’ Equity Annual Restricted Stock Unit (Annual RSU) Grants. The Company has elected to grant annual RSUs to key personnel. A portion of the annual RSUs are subject to the achievement of both performance and service conditions, and a portion is only subject to service conditions. The annual RSUs granted entitle the recipients to receive shares of the Company's common stock upon vesting. Subject to the achievement of performance conditions, the fiscal year 2017 performance-based annual RSUs vest in equal one-third installments over three consecutive years commencing on August 15, 2017. The fiscal year 2017 time-based annual RSUs vest in equal annual installments over three consecutive years following the date of grant. During the three months ended September 30, 2016 , the Company granted approximately 64,000 performance-based annual RSUs at a weighted-average grant date fair value of $68.55 per share and approximately 105,000 time-based annual RSUs at a weighted-average grant date fair value of $65.83 per share. During the six months ended September 30, 2016 , the Company granted approximately 84,000 performance-based annual RSUs at a weighted-average grant date fair value of $65.86 per share and approximately 156,000 time-based annual RSUs at a weighted-average grant date fair value of $62.83 per share. At September 30, 2016 , the Company believed that the achievement of at least the threshold performance objective of the fiscal year 2017 performance-based annual RSUs was probable, and therefore recognized compensation expense accordingly for these awards. At September 30, 2016 , future unrecognized compensation cost for all annual RSUs granted during fiscal year 2017, excluding estimated forfeitures, was approximately $14,000 . Employee Stock Purchase Plan. The 2015 Employee Stock Purchase Plan (2015 ESPP) provides for the initial authorization of 1,000,000 shares of the Company’s common stock. Eligible employees commenced participation in the 2015 ESPP in March 2016. Each purchase period will be six months in duration and shares will be purchased on the last trading day of the purchase period at a price that reflects a 15% discount to the closing price on that date. During the six month purchase period ended August 2016, eligible employees purchased 7,000 shares of the Company's stock at a purchase price of $ 55.55 . Stock Repurchase Programs. The Company did not repurchase any stock during the six months ended September 30, 2016 . Since inception through September 30, 2016 , the Company has repurchased approximately 1,797,000 shares under the program for approximately $122,100 , or an average price of $67.95 per share, leaving the remaining approved amount at approximately $77,900 .

Foreign Currency Exchange Contr

Foreign Currency Exchange Contracts and Hedging	6 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Foreign Currency Exchange Contracts and Hedging	Foreign Currency Exchange Contracts and Hedging At September 30, 2016 , the Company had foreign currency exchange contracts designated as cash flow hedges with notional amounts totaling approximately $ 71,000 , held by seven counterparties, which will mature at various dates over the next six months . In addition, the Company had non-designated derivative foreign currency exchange contracts with notional amounts of approximately $30,000 , held by four counterparties, which will mature at various dates over the next six months . During the three and six months ended September 30, 2016 , the Company settled foreign currency exchange contracts designated as cash flow hedges with notional amounts totaling approximately $41,000 and $44,000 , respectively, that had been entered into in previous periods. During the three and six months ended September 30, 2016 , the Company entered into and settled non-designated derivative contracts with total notional amounts of approximately $61,000 and $124,000 , respectively. The nonperformance risk of the Company and the counterparties did not have a material impact on the fair value of the derivatives. During the three and six months ended September 30, 2016 , the designated hedges remained effective. The effective portion of the gain or loss on the derivative is reported in other comprehensive income (loss) and is reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. As of September 30, 2016 , the amount of unrealized gains on foreign currency hedging reflected in accumulated other comprehensive loss (see Note 10 “Accumulated Other Comprehensive Loss”) is expected to be reclassified into income within the next 9 months . The following table summarizes the effect of foreign currency exchange contracts designated as cash flow hedging relationships: Six Months Ended 2016 2015 Derivatives in designated cash flow hedging relationships Foreign currency exchange contracts Foreign currency exchange contracts Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion) $4,903 $(1,498) Location of amount reclassified from accumulated other comprehensive income into income (effective portion) Net sales Net sales Amount of gain (loss) reclassified from accumulated other comprehensive income into income (effective portion) $1,676 $(794) Location of amount excluded from effectiveness testing Selling, general and administrative expenses Selling, general and administrative expenses Amount of gain excluded from effectiveness testing $355 $66 The following table summarizes the effect of foreign currency exchange contracts not designated as hedging instruments: Six Months Ended 2016 2015 Derivatives not designated as hedging instruments Foreign currency exchange contracts Foreign currency exchange contracts Location of amount recognized in income on derivatives Selling, general and administrative expenses Selling, general and administrative expenses Amount of loss recognized in income on derivatives $(881) $(461) Subsequent to September 30, 2016 , the Company entered into non-designated derivative foreign currency exchange contracts with notional amounts totaling approximately $48,000 , which are expected to mature over the next three months . Hedging contracts held as of November 9, 2016 were held by a total of nine counterparties.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Accumulated balances of the components within accumulated other comprehensive loss were as follows: September 30, March 31, Unrealized gain on foreign currency hedging, net of tax $ 2,171 $ 152 Cumulative foreign currency translation adjustment, net of tax (17,866 ) (20,709 ) Accumulated other comprehensive loss $ (15,695 ) $ (20,557 )

Net Income (Loss) per Share

Net Income (Loss) per Share	6 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Net Income (Loss) per Share	Net Income (Loss) per Share Basic net income (loss) per share represents net income (loss) divided by the weighted-average number of common shares outstanding for the period. Diluted net income (loss) per share represents net income (loss) divided by the weighted-average number of common shares outstanding, including the dilutive impact of potential issuances of common stock. The reconciliations of basic to diluted weighted-average common shares outstanding were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Weighted-average shares used in basic computation 32,057,000 32,511,000 32,041,000 32,812,000 Dilutive effect of stock-based awards (1) 365,000 264,000 — — Weighted-average shares used in diluted computation 32,422,000 32,775,000 32,041,000 32,812,000 Excluded annual RSUs (2) 131,000 177,000 420,000 480,000 Excluded long-term incentive plan RSUs (2) 396,000 457,000 396,000 457,000 Excluded non-employee director restricted stock awards (RSAs) (2) — — 10,000 9,000 Excluded stock appreciation rights (SARs) (2) 90,000 510,000 480,000 700,000 (1) For the six months ended September 30, 2016 and 2015, the Company excluded all annual and long-term incentive plan RSUs, RSAs and SARs from the diluted net loss per share computation because they were antidilutive due to the net loss during the period. All excluded awards include the maximum amounts achievable for these awards. (2) The stock-based awards excluded from the dilutive effect were excluded because necessary conditions had not been satisfied for the shares to be issuable based on the Company’s performance for the three months ended September 30, 2016 and 2015. All excluded awards include the maximum amounts achievable for these awards.

Business Segments

Business Segments	6 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Business Segments	Business Segments The Company’s reportable segments include the strategic business units for the worldwide wholesale operations of the UGG brand, Teva brand, Sanuk brand, other brands, and its DTC business. The Company’s other brands consist of the Hoka, Ahnu and Koolaburra brands. The income (loss) from operations for each of the segments includes only those costs that are specifically related to each segment, which consist primarily of cost of sales, costs for research and development, design, selling and marketing, depreciation, amortization, and the costs of employees and their respective expenses that are directly related to each segment. The unallocated corporate overhead costs generally include costs associated with the distribution centers, executive compensation, accounting and finance, legal, information technology, human resources and facilities, among others. See Note 2 “Restructuring” and the section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part I, Item 2 of this Quarterly Report for further discussion of the Company's segments. Business segment net sales and income (loss) information is summarized as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Net sales to external customers: UGG wholesale $ 337,852 $ 344,659 $ 383,753 $ 411,081 Teva wholesale 12,246 14,103 41,771 51,169 Sanuk wholesale 15,030 13,324 37,333 41,837 Other brands wholesale 34,830 28,153 53,241 49,538 Direct-to-Consumer 85,986 86,616 144,239 147,035 $ 485,944 $ 486,855 $ 660,337 $ 700,660 Income (loss) from operations: UGG wholesale $ 112,510 $ 116,794 $ 102,298 $ 113,414 Teva wholesale (2,121 ) (442 ) (259 ) 5,432 Sanuk wholesale (211 ) (23 ) 3,970 5,325 Other brands wholesale 2,362 283 732 (3,717 ) Direct-to-Consumer (6,092 ) (9,607 ) (25,511 ) (24,812 ) Unallocated overhead costs (52,425 ) (55,792 ) (105,526 ) (108,137 ) $ 54,023 $ 51,213 $ (24,296 ) $ (12,495 ) Inter-segment sales from the Company’s wholesale segments to our DTC segment are at the Company’s cost, and there is no inter-segment profit on these inter-segment sales. Income (loss) from operations of the wholesale segments does not include any inter-segment gross profit from sales to our DTC segment. Business segment asset information is summarized as follows: September 30, March 31, Total assets for reportable segments: UGG wholesale $ 731,318 $ 248,937 Teva wholesale 45,186 87,225 Sanuk wholesale 188,538 212,816 Other brands wholesale 67,742 65,072 Direct-to-Consumer 139,353 148,733 $ 1,172,137 $ 762,783 The assets allocable to each segment include accounts receivable, inventory, fixed assets, goodwill, other intangible assets, and certain other assets that are specifically identifiable with one of the Company’s segments. Unallocated assets generally include cash and cash equivalents, deferred tax assets, and various other assets shared by the Company’s segments. A reconciliation of total assets from the reportable segments to the condensed consolidated balance sheet is as follows: September 30, March 31, Total assets for reportable segments $ 1,172,137 $ 762,783 Unallocated cash and cash equivalents 110,047 245,956 Unallocated deferred tax assets 21,574 20,636 Other unallocated corporate assets 268,843 248,693 Consolidated total assets $ 1,572,601 $ 1,278,068

Concentration of Business, Sign

Concentration of Business, Significant Customers and Credit Risk	6 Months Ended
	Sep. 30, 2016
Risks and Uncertainties [Abstract]
Concentration of Business, Significant Customers and Credit Risk	Concentration of Business, Significant Customers and Credit Risk The Company does not consider international operations to be a separate segment, as management reviews such operations in the aggregate, together with the aforementioned segments. Long-lived assets, which consist of property and equipment, in the US and all other countries combined were as follows: September 30, March 31, US $ 220,681 $ 211,111 All other countries* 26,042 26,135 Total $ 246,723 $ 237,246 *No other country’s long-lived assets comprised more than 10% of total long-lived assets as of September 30, 2016 or March 31, 2016 . The Company sells its products to customers throughout the US and to foreign customers located in Europe, Asia, Canada, Australia, and Latin America, among other regions. Approximately 28.2% and 28.9% of the Company's total net sales were denominated in foreign currencies for the three months ended September 30, 2016 and 2015 , respectively. Approximately 27.3% and 26.8% of the Company's total net sales were denominated in foreign currencies for the six months ended September 30, 2016 and 2015 , respectively. International sales comprised 35.7% and 38.1% of the Company's total net sales for the three months ended September 30, 2016 and 2015, respectively. International sales comprised 36.1% and 37.8% of the Company’s total net sales for the six months ended September 30, 2016 and 2015 , respectively. For the three and six months ended September 30, 2016 and 2015 , no single foreign country comprised more than 10% of total net sales. Management performs regular evaluations concerning the ability of its customers to satisfy their obligations and records a provision for doubtful accounts based on these evaluations. No single customer accounted for more than 10% of net sales for the three and six months ended September 30, 2016 or 2015 . At September 30, 2016 , no single customer accounted for more than 10% of trade accounts receivable, net. At March 31, 2016, the Company had one customer representing 12.8% of trade accounts receivable, net. The Company’s production is concentrated at a limited number of independent contractor factories in Asia. Sheepskin is the principal raw material for certain UGG products and the majority of sheepskin is purchased from two tanneries in China, which is sourced primarily from Australia and the United Kingdom. The Company began using a new raw material, UGGpure TM (UGGpure), wool woven into a durable backing, in some of its UGG products in 2013.The Company currently purchases UGGpure from one supplier. The other production materials used by the Company are sourced primarily in Asia. The Company’s operations are subject to the customary risks of doing business abroad, including, but not limited to, currency fluctuations, customs duties and related fees, various import controls and other nontariff barriers, restrictions on the transfer of funds, labor unrest and strikes, and political instability. The supply of sheepskin can be adversely impacted by weather conditions, disease, and harvesting decisions that are completely outside the Company’s control. Furthermore, the price of sheepskin is impacted by demand, industry, and competitors. A portion of the Company’s cash and cash equivalents is held as cash in operating accounts with third-party financial institutions. These balances, at times, exceed the Federal Deposit Insurance Corporation insurance limits. While the Company regularly monitors the cash balances in its operating accounts and adjusts the balances as appropriate, these cash balances could be impacted if the underlying financial institutions fail or are subject to other adverse conditions in the financial markets. The remainder of the Company’s cash and cash equivalents balance is invested in interest bearing funds managed by third-party investment management institutions. These investments may include US treasury bonds and securities, money market funds, and municipal bonds, among other investments. Certain of these investments are subject to general credit, liquidity, market, and interest rate risks. At September 30, 2016 , the Company had experienced no loss or lack of access to cash in its operating accounts, invested cash or cash equivalents. The Company’s cash and cash equivalents were as follows: September 30, March 31, Cash equivalents $ 65,312 $ 195,575 Cash 44,735 50,381 Total cash and cash equivalents $ 110,047 $ 245,956

General (Policies)

General (Policies)	6 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The unaudited condensed consolidated financial statements have been prepared on the same basis as the annual audited consolidated financial statements and, in the opinion of management, reflect all adjustments necessary for a fair presentation for each of the periods presented. The results of operations for interim periods are not necessarily indicative of results to be achieved for full fiscal years or other interim periods. Deckers Outdoor Corporation (the Company) 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’s business is seasonal, with the highest percentage of UGG® (UGG) brand net sales occurring in the quarters ending September 30 and December 31 and the highest percentage of Teva® (Teva) and Sanuk® (Sanuk) brands net sales occurring in the quarters ending March 31 and June 30 of each year. Net sales of the other brands do not have a significant seasonal impact on the Company. The Company sells its products through domestic retailers and international distributors and retailers, as well as directly to end-user consumers through the Direct-to-Consumer (DTC) reporting segment. Independent third parties manufacture all of the Company's products. As contemplated by the Securities and Exchange Commission (SEC) under Rule 10-01 of Regulation S-X, the accompanying unaudited condensed consolidated financial statements and the accompanying notes thereto have been condensed and do not contain certain information that will be included in the Company’s annual audited consolidated financial statements and the accompanying notes thereto. See the audited consolidated financial statements and the accompanying notes thereto included in the Company’s Annual Report on Form 10-K, for the fiscal year ended March 31, 2016, filed with the SEC on May 31, 2016 for further information.
Use of Estimates	Use of Estimates The preparation of the Company’s unaudited condensed consolidated financial statements in accordance with United States generally accepted accounting principles (US GAAP) requires management to make estimates and assumptions that affect the amounts reported in these unaudited condensed consolidated financial statements and the accompanying notes thereto. Management bases these estimates and assumptions upon historical experience, existing and known circumstances, authoritative accounting pronouncements and other factors that management believes to be reasonable. Significant areas requiring the use of management's estimates relate to inventory write-downs, accounts receivable allowances, returns liabilities, stock-based compensation, impairment assessments, depreciation and amortization, income tax liabilities, uncertain tax positions and income taxes receivable, the fair value of financial instruments, and the fair values of assets and liabilities, including goodwill and other intangible assets. Actual results could differ materially from these estimates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in US GAAP when it becomes effective. The standard permits the use of either the retrospective or cumulative effect transition method. On August 12, 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers, which provides for a one-year deferral of the effective date of ASU No. 2014-09, as well as early application, which will be effective for the Company on April 1, 2018. In March 2016, the FASB issued ASU No. 2016-08, Principal versus Agent Considerations (Reporting Revenue Gross versus Net), which clarifies how to apply the implementation guidance related to principal versus agent considerations within ASU No. 2014-09. The Company is evaluating the effect that these ASUs will have on its condensed consolidated financial statements and related disclosures. The Company has not yet selected a transition method, nor has it determined the effect of the standard on its ongoing financial reporting. However, the adoption of the new revenue standard is not expected to have a material impact on the condensed consolidated financial statements and related disclosures. In July 2015, the FASB issued ASU No. 2015-11, Simplifying the Measurement of Inventory, which changed the measurement principle for inventory from the lower of cost or market to the lower of cost and net realizable value. US GAAP currently requires that, at each financial statement date, entities measure inventory at the lower of cost or market, which is typically determined by reference to the current replacement cost. This ASU is effective for the Company on April 1, 2017, with early adoption permitted. The Company is evaluating the effect this ASU will have on its condensed consolidated financial statements and related disclosures, but it is not expected to have a material impact. In February 2016, the FASB issued ASU No. 2016-02, Leases, to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. The new standard requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous US GAAP. A lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) at fair value and an offsetting right-of-use asset representing its right to use the underlying asset for the lease term. When measuring assets and liabilities arising from a lease, a lessee (and a lessor) should include payments to be made in optional periods only if the lessee is reasonably certain that it will exercise an option to extend the lease or not exercise an option to terminate the lease. Similarly, optional payments to purchase the underlying asset should be included in the measurement of lease assets and lease liabilities only if the lessee is reasonably certain that it will exercise that purchase option. This ASU is effective for the Company on April 1, 2019. The Company is evaluating the effect that the adoption of this ASU No. 2016-02 will have on its condensed consolidated financial statements and related disclosures. Since the Company utilizes operating leases for most of its facilities and retail stores, it is anticipated that adoption of this ASU will have a material impact on its balance sheet presentation. In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, which requires an entity to recognize excess tax benefits and certain tax deficiencies associated with employee share-based payment awards in the income statement instead of in additional paid-in-capital when the awards vest or are settled, and present excess tax benefits as an operating activity on the statement of cash flows instead of as a financing activity. This ASU also allows entities to repurchase more of an employee’s shares for tax withholding purposes without triggering liability accounting, and to make a policy election to either estimate the number of awards that are expected to vest or to account for forfeitures as they occur. In addition, the cash paid by an entity to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation is required to be classified as a financing activity on its statement of cash flows. This ASU is effective for the Company on April 1, 2017, with early adoption permitted. The Company is evaluating the effect that the adoption of this ASU will have on its condensed consolidated financial statements and related disclosures, but it is not expected to have a material impact. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows, Classification of Certain Cash Receipts and Cash Payments. The ASU addressed specific cash flow issues with the objective of reducing the diversity in practice prior to issuance of the update. This ASU is applicable for the Company on April 1, 2018, with early adoption permitted. The Company is evaluating the effect that the adoption of this ASU will have on its statement of cash flows and related disclosures, but it is not expected to have a material impact.

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Sep. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The following table summarizes these restructuring charges: Lease Termination Costs Severance Costs Leasehold Impairments Software Impairments Other Total Fiscal year 2016 charges $ 8,900 $ 4,000 $ 5,800 $ 3,800 $ 2,300 $ 24,800 Paid in cash (1,200 ) (600 ) — — — (1,800 ) Non-cash — — (5,800 ) (3,800 ) (500 ) (10,100 ) Liability as of March 31, 2016 7,700 3,400 — — 1,800 12,900 Additional charges 1,500 1,000 100 — — 2,600 Paid in cash (6,800 ) (3,200 ) — — (1,800 ) (11,800 ) Non-cash — — (100 ) — — (100 ) Liability as of September 30, 2016 $ 2,400 $ 1,200 $ — $ — $ — $ 3,600

Goodwill and Other Intangible21

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill and other intangible assets	The Company’s goodwill and other intangible assets are summarized as follows: Goodwill Other Intangible Assets, Net Balance at March 31, 2016 $ 127,934 $ 83,026 Amortization expense — (4,135 ) Changes in foreign currency exchange rates — (151 ) Balance at September 30, 2016 $ 127,934 $ 78,740
Schedule of total goodwill by segment	The Company’s goodwill by segment is summarized as follows: September 30, March 31, UGG brand $ 6,101 $ 6,101 Sanuk brand 113,944 113,944 Other brands 7,889 7,889 Total $ 127,934 $ 127,934

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Company's financial assets and liabilities measured on a recurring basis at fair value	The assets and liabilities that are measured on a recurring basis at fair value are summarized as follows: Fair Value at September 30, Fair Value Measurement Using 2016 Level 1 Level 2 Level 3 Assets (liabilities) at fair value: Nonqualified deferred compensation asset $ 6,445 $ 6,445 $ — $ — Nonqualified deferred compensation liability (6,797 ) (6,797 ) — — Designated derivatives asset 4,649 — 4,649 — Designated derivatives liability (900 ) — (900 ) — Non-designated derivatives assets 358 — 358 — Non-designated derivatives liability (105 ) — (105 ) — Contingent consideration for acquisition of business (300 ) — (300 ) — Fair Value at March 31, Fair Value Measurement Using 2016 Level 1 Level 2 Level 3 Assets (liabilities) at fair value: Nonqualified deferred compensation asset $ 6,083 $ 6,083 $ — $ — Nonqualified deferred compensation liability (6,301 ) (6,301 ) — — Designated derivatives asset 2,903 — 2,903 — Designated derivatives liability (2,549 ) — (2,549 ) — Contingent consideration for acquisition of business (20,000 ) — — (20,000 )

Foreign Currency Exchange Con23

Foreign Currency Exchange Contracts and Hedging (Tables)	6 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of gains and losses related to derivatives designated as hedging instruments	The following table summarizes the effect of foreign currency exchange contracts designated as cash flow hedging relationships: Six Months Ended 2016 2015 Derivatives in designated cash flow hedging relationships Foreign currency exchange contracts Foreign currency exchange contracts Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion) $4,903 $(1,498) Location of amount reclassified from accumulated other comprehensive income into income (effective portion) Net sales Net sales Amount of gain (loss) reclassified from accumulated other comprehensive income into income (effective portion) $1,676 $(794) Location of amount excluded from effectiveness testing Selling, general and administrative expenses Selling, general and administrative expenses Amount of gain excluded from effectiveness testing $355 $66 The following table summarizes the effect of foreign currency exchange contracts not designated as hedging instruments: Six Months Ended 2016 2015 Derivatives not designated as hedging instruments Foreign currency exchange contracts Foreign currency exchange contracts Location of amount recognized in income on derivatives Selling, general and administrative expenses Selling, general and administrative expenses Amount of loss recognized in income on derivatives $(881) $(461)

Accumulated Other Comprehensi24

Accumulated Other Comprehensive Loss (AOCL) (Tables)	6 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Components of accumulated other comprehensive loss	Accumulated balances of the components within accumulated other comprehensive loss were as follows: September 30, March 31, Unrealized gain on foreign currency hedging, net of tax $ 2,171 $ 152 Cumulative foreign currency translation adjustment, net of tax (17,866 ) (20,709 ) Accumulated other comprehensive loss $ (15,695 ) $ (20,557 )

Net Income (Loss) per Share (Ta

Net Income (Loss) per Share (Tables)	6 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Schedule of reconciliations of basic to diluted weighted-average common shares outstanding	The reconciliations of basic to diluted weighted-average common shares outstanding were as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Weighted-average shares used in basic computation 32,057,000 32,511,000 32,041,000 32,812,000 Dilutive effect of stock-based awards (1) 365,000 264,000 — — Weighted-average shares used in diluted computation 32,422,000 32,775,000 32,041,000 32,812,000 Excluded annual RSUs (2) 131,000 177,000 420,000 480,000 Excluded long-term incentive plan RSUs (2) 396,000 457,000 396,000 457,000 Excluded non-employee director restricted stock awards (RSAs) (2) — — 10,000 9,000 Excluded stock appreciation rights (SARs) (2) 90,000 510,000 480,000 700,000 (1) For the six months ended September 30, 2016 and 2015, the Company excluded all annual and long-term incentive plan RSUs, RSAs and SARs from the diluted net loss per share computation because they were antidilutive due to the net loss during the period. All excluded awards include the maximum amounts achievable for these awards. (2) The stock-based awards excluded from the dilutive effect were excluded because necessary conditions had not been satisfied for the shares to be issuable based on the Company’s performance for the three months ended September 30, 2016 and 2015. All excluded awards include the maximum amounts achievable for these awards.

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Sep. 30, 2016
Segment Reporting [Abstract]
Schedule of business segments information	Business segment net sales and income (loss) information is summarized as follows: Three Months Ended Six Months Ended 2016 2015 2016 2015 Net sales to external customers: UGG wholesale $ 337,852 $ 344,659 $ 383,753 $ 411,081 Teva wholesale 12,246 14,103 41,771 51,169 Sanuk wholesale 15,030 13,324 37,333 41,837 Other brands wholesale 34,830 28,153 53,241 49,538 Direct-to-Consumer 85,986 86,616 144,239 147,035 $ 485,944 $ 486,855 $ 660,337 $ 700,660 Income (loss) from operations: UGG wholesale $ 112,510 $ 116,794 $ 102,298 $ 113,414 Teva wholesale (2,121 ) (442 ) (259 ) 5,432 Sanuk wholesale (211 ) (23 ) 3,970 5,325 Other brands wholesale 2,362 283 732 (3,717 ) Direct-to-Consumer (6,092 ) (9,607 ) (25,511 ) (24,812 ) Unallocated overhead costs (52,425 ) (55,792 ) (105,526 ) (108,137 ) $ 54,023 $ 51,213 $ (24,296 ) $ (12,495 ) Inter-segment sales from the Company’s wholesale segments to our DTC segment are at the Company’s cost, and there is no inter-segment profit on these inter-segment sales. Income (loss) from operations of the wholesale segments does not include any inter-segment gross profit from sales to our DTC segment. Business segment asset information is summarized as follows: September 30, March 31, Total assets for reportable segments: UGG wholesale $ 731,318 $ 248,937 Teva wholesale 45,186 87,225 Sanuk wholesale 188,538 212,816 Other brands wholesale 67,742 65,072 Direct-to-Consumer 139,353 148,733 $ 1,172,137 $ 762,783
Schedule of reconciliations of total assets from reportable segments to the condensed consolidated balance sheets	A reconciliation of total assets from the reportable segments to the condensed consolidated balance sheet is as follows: September 30, March 31, Total assets for reportable segments $ 1,172,137 $ 762,783 Unallocated cash and cash equivalents 110,047 245,956 Unallocated deferred tax assets 21,574 20,636 Other unallocated corporate assets 268,843 248,693 Consolidated total assets $ 1,572,601 $ 1,278,068

Concentration of Business, Si27

Concentration of Business, Significant Customers and Credit Risk (Tables)	6 Months Ended
	Sep. 30, 2016
Risks and Uncertainties [Abstract]
Schedule of long-lived assets, which consist of property and equipment, by major country	Long-lived assets, which consist of property and equipment, in the US and all other countries combined were as follows: September 30, March 31, US $ 220,681 $ 211,111 All other countries* 26,042 26,135 Total $ 246,723 $ 237,246 *No other country’s long-lived assets comprised more than 10% of total long-lived assets as of September 30, 2016 or March 31, 2016 .
Schedule of the Company's cash and cash equivalents	The Company’s cash and cash equivalents were as follows: September 30, March 31, Cash equivalents $ 65,312 $ 195,575 Cash 44,735 50,381 Total cash and cash equivalents $ 110,047 $ 245,956

Restructuring (Details)

Restructuring (Details) $ in Thousands	6 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)store	Sep. 30, 2015USD ($)	Mar. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Number of Stores | store	10
Restructuring costs	$ 2,632	$ 0
Brand Realignment
Restructuring Cost and Reserve [Line Items]
Number of Stores | store	24
Restructuring costs	$ 27,400		$ 24,800
Restructuring and related cost, expected cost	3,600
Minimum | Brand Realignment
Restructuring Cost and Reserve [Line Items]
Restructuring costs	7,000
Maximum | Brand Realignment
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 12,000

Restructuring By Type (Details)

Restructuring By Type (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Mar. 31, 2016
Restructuring Reserve [Roll Forward]
Fiscal year 2016 charges	$ 2,632	$ 0
Brand Realignment
Restructuring Reserve [Roll Forward]
Fiscal year 2016 charges	27,400		$ 24,800
Paid in cash	(11,800)		(1,800)
Paid in cash	(100)		(10,100)
Liability as of March 31, 2016	12,900
Additional charges	2,600
Liability as of September 30, 2016	3,600		12,900
Lease Termination Costs | Brand Realignment
Restructuring Reserve [Roll Forward]
Fiscal year 2016 charges			8,900
Paid in cash	(6,800)		(1,200)
Paid in cash	0		0
Liability as of March 31, 2016	7,700
Additional charges	1,500
Liability as of September 30, 2016	2,400		7,700
Severance Costs | Brand Realignment
Restructuring Reserve [Roll Forward]
Fiscal year 2016 charges			4,000
Paid in cash	(3,200)		(600)
Paid in cash	0		0
Liability as of March 31, 2016	3,400
Additional charges	1,000
Liability as of September 30, 2016	1,200		3,400
Leasehold Impairments | Brand Realignment
Restructuring Reserve [Roll Forward]
Fiscal year 2016 charges			5,800
Paid in cash	0		0
Paid in cash	(100)		(5,800)
Liability as of March 31, 2016	0
Additional charges	100
Liability as of September 30, 2016	0		0
Software Impairments | Brand Realignment
Restructuring Reserve [Roll Forward]
Fiscal year 2016 charges			3,800
Paid in cash	0		0
Paid in cash	0		(3,800)
Liability as of March 31, 2016	0
Additional charges	0
Liability as of September 30, 2016	0		0
Other | Brand Realignment
Restructuring Reserve [Roll Forward]
Fiscal year 2016 charges			2,300
Paid in cash	(1,800)		0
Paid in cash	0		(500)
Liability as of March 31, 2016	1,800
Additional charges	0
Liability as of September 30, 2016	$ 0		$ 1,800

Goodwill and Other Intangible30

Goodwill and Other Intangible Assets (Change in Balance) (Details) $ in Thousands	6 Months Ended
	Sep. 30, 2016USD ($)
Changes in goodwill
Goodwill, net, balance at the beginning of the period	$ 127,934
Goodwill, net, balance at the end of the period	127,934
Other intangible assets, net:
Other intangible assets, net, balance at beginning of the period	83,026
Amortization expense	(4,135)
Changes in foreign currency exchange rates	(151)
Other intangible assets, net, balance at end of the period	$ 78,740

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets (Segment Information) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Mar. 31, 2016
Goodwill
Goodwill	$ 127,934	$ 127,934
UGG brand
Goodwill
Goodwill	6,101	6,101
Sanuk brand
Goodwill
Goodwill	113,944	113,944
Other brands
Goodwill
Goodwill	$ 7,889	$ 7,889

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Mar. 31, 2016	Sep. 30, 2012
Sanuk
Contingent consideration
Contingent consideration for acquisition of business	$ 19,700
Hoka | Contingent consideration arrangement
Contingent consideration
Contingent consideration amount paid	1,700
Contingent consideration maximum			$ 2,000
Accrued expenses
Reconciliation of fair value for acquisition of business, categorized as Level 3 of valuation hierarchy
Deferred compensation, current	3,454	$ 308
Accrued expenses | Hoka | Contingent consideration arrangement
Contingent consideration
Contingent liability, current	300
Other noncurrent liabilities
Reconciliation of fair value for acquisition of business, categorized as Level 3 of valuation hierarchy
Deferred compensation liability, noncurrent	$ 3,343	$ 5,993

Fair Value Measurements (Levels

Fair Value Measurements (Levels 1-3) (Details) - Recurring basis - USD ($) $ in Thousands	Sep. 30, 2016	Mar. 31, 2016
Fair value
Assets (Liabilities) at fair value
Nonqualified deferred compensation asset	$ 6,445	$ 6,083
Nonqualified deferred compensation liability	(6,797)	(6,301)
Contingent consideration for acquisition of business	(300)	(20,000)
Level 1
Assets (Liabilities) at fair value
Nonqualified deferred compensation asset	6,445	6,083
Nonqualified deferred compensation liability	(6,797)	(6,301)
Contingent consideration for acquisition of business	0	0
Level 2
Assets (Liabilities) at fair value
Nonqualified deferred compensation asset	0	0
Nonqualified deferred compensation liability	0	0
Contingent consideration for acquisition of business	(300)	0
Level 3
Assets (Liabilities) at fair value
Nonqualified deferred compensation asset	0	0
Nonqualified deferred compensation liability	0	0
Contingent consideration for acquisition of business	0	(20,000)
Designated as hedging instrument | Fair value
Assets (Liabilities) at fair value
Derivatives asset	4,649	2,903
Derivatives liability	(900)	(2,549)
Designated as hedging instrument | Level 1
Assets (Liabilities) at fair value
Derivatives asset	0	0
Derivatives liability	0	0
Designated as hedging instrument | Level 2
Assets (Liabilities) at fair value
Derivatives asset	4,649	2,903
Derivatives liability	(900)	(2,549)
Designated as hedging instrument | Level 3
Assets (Liabilities) at fair value
Derivatives asset	0	0
Derivatives liability	0	$ 0
Non-designated derivatives | Fair value
Assets (Liabilities) at fair value
Derivatives asset	358
Derivatives liability	(105)
Non-designated derivatives | Level 1
Assets (Liabilities) at fair value
Derivatives asset	0
Derivatives liability	0
Non-designated derivatives | Level 2
Assets (Liabilities) at fair value
Derivatives asset	358
Derivatives liability	(105)
Non-designated derivatives | Level 3
Assets (Liabilities) at fair value
Derivatives asset	0
Derivatives liability	$ 0

Income Taxes (Details)

Income Taxes (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2016USD ($)
Income Tax Contingency [Line Items]
Income tax rate reconciliation adjustment for uncertainty in income taxes		$ 8,695
Unrecognized tax benefits, income tax penalties and interest expense	$ 106	302
Unrecognized tax benefits, interest on income taxes accrued	2,144	2,144
Other noncurrent liabilities
Income Tax Contingency [Line Items]
Income tax rate reconciliation adjustment for uncertainty in income taxes		7,482
Unrecognized tax benefits, interest on income taxes accrued	$ 1,824	$ 1,824

Notes Payable and Long Term D35

Notes Payable and Long Term Debt (Narrative) (Details)	1 Months Ended			3 Months Ended	12 Months Ended
	Nov. 09, 2016USD ($)	Oct. 31, 2016USD ($)	Oct. 31, 2016CNY (¥)	Sep. 30, 2016USD ($)	Mar. 31, 2016JPY (¥)	Mar. 31, 2016USD ($)	Oct. 15, 2015USD ($)	Oct. 15, 2015CNY (¥)
Second Amended and Restated Credit Agreement, as amended
Debt Instrument [Line Items]
Long-term line of credit				$ 255,000,000
Second Amended and Restated Credit Agreement, as amended | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate, effective percentage				2.03%
Second Amended and Restated Credit Agreement, as amended | Prime Rate
Debt Instrument [Line Items]
Interest rate, effective percentage				4.00%
Line of credit | Second Amended and Restated Credit Agreement, as amended | Subsequent event
Debt Instrument [Line Items]
Long-term line of credit	$ 266,600,000
Line of credit | Japan Credit Facility | Maximum
Debt Instrument [Line Items]
Current borrowing capacity					¥ 5,500,000,000	$ 54,000,000
Debt instrument, term					6 months
Line of credit | Japan Credit Facility | Tokyo Interbank Offered Rate (TIBOR)
Debt Instrument [Line Items]
Interest rate, effective percentage				0.46%
Basis spread on variable rate				0.40%
Line of credit | Revolving credit facility | Second Amended and Restated Credit Agreement, as amended
Debt Instrument [Line Items]
Letters of credit amount outstanding				$ 600,000
Unused borrowing capacity				144,400,000
Line of credit | Revolving credit facility | Second Amended and Restated Credit Agreement, as amended | Subsequent event
Debt Instrument [Line Items]
Proceeds from lines of credit	50,000,000
Remaining borrowing capacity	133,400,000
Line of credit | Revolving credit facility | Second Amended China Credit Facility
Debt Instrument [Line Items]
Proceeds from lines of credit				13,500,000
Remaining borrowing capacity				0
Additional available credit							$ 22,500,000	¥ 150,000,000
Capacity available for fully owned subsidiary							$ 7,500,000	¥ 50,000,000
Current line of credit				$ 22,500,000
Line of credit | Revolving credit facility | Second Amended China Credit Facility | Subsequent event
Debt Instrument [Line Items]
Long-term line of credit	16,500,000
Unused borrowing capacity	28,500,000
Line of credit | Revolving credit facility | Second Amended China Credit Facility, as amended
Debt Instrument [Line Items]
Interest rate, effective percentage				4.35%
Line of credit | Revolving credit facility | Second Amended China Credit Facility, second amendment | Subsequent event
Debt Instrument [Line Items]
Increase to line of credit		$ 45,000,000	¥ 300,000,000
Line of credit | Revolving credit facility | Japan Credit Facility
Debt Instrument [Line Items]
Current line of credit				$ 0
Line of credit | Revolving credit facility | Japan Credit Facility | Subsequent event
Debt Instrument [Line Items]
Proceeds from lines of credit	21,098,000
Remaining borrowing capacity	33,000,000
Current line of credit	$ 21,000,000

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) $ in Thousands	6 Months Ended
	Sep. 30, 2016USD ($)claim	Sep. 30, 2012USD ($)
Commitments and Contingencies
Maximum indemnity period of claims for intellectual property	5 years
Indemnification
Commitments and Contingencies
Number of pending claims | claim	0
Future capital expenditures
Commitments and Contingencies
Material commitments	$ 5,000
Sanuk
Commitments and Contingencies
Contingent consideration for acquisition of business	19,700
Contingent consideration arrangement | Hoka
Commitments and Contingencies
Contingent consideration maximum		$ 2,000
Contingent consideration amount paid	1,700
Accounts payable and accrued liabilities | Contingent consideration arrangement | Hoka
Commitments and Contingencies
Contingent liability, current	$ 300

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		3 Months Ended	6 Months Ended
	Mar. 31, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2016	Aug. 31, 2016
Stockholders' equity
Compensation cost not yet recognized			$ 14,000	$ 14,000
2015 Stock Incentive Plan | Nonvested stock units issued (NSUs)
Stockholders' equity
Vesting rights percent				33.33%
Number of shares granted			64,000	84,000
Award vesting period of the grants				3 years
Weighted average grant date fair value (in USD per share)			$ 68.55	$ 65.86
2015 Stock Incentive Plan | Time-based equity award
Stockholders' equity
Number of shares granted			105,000	156,000
Award vesting period of the grants				3 years
Weighted average grant date fair value (in USD per share)			$ 65.83	$ 62.83
2015 Employee Stock Purchase Plan
Stockholders' equity
Common stock reserved for issuance (in shares)		1,000,000
Employee stock purchase plan, purchase period	6 months
Employee stock purchase plan discount		15.00%
Stock Issued During Period, Shares, Employee Stock Purchase Plans					7,000,000
Shares Issued, Price Per Share					$ 55,550
2015 Stock Repurchase Program
Stockholders' equity
Treasury stock, number of shares held			1,797,000,000	1,797,000,000
Treasury stock acquired, average cost per share (in USD per share)				$ 67.95
Treasury stock, value			$ 122,100	$ 122,100
Remaining stock repurchase amount approved by Board of Directors			$ 77,900	$ 77,900

Foreign Currency Exchange Con38

Foreign Currency Exchange Contracts and Hedging (Narrative) (Details) - Foreign currency exchange contracts $ in Thousands	1 Months Ended	3 Months Ended	6 Months Ended
	Nov. 09, 2016USD ($)counterparty	Sep. 30, 2016USD ($)counterparty	Sep. 30, 2016USD ($)counterparty	Sep. 30, 2015USD ($)
Derivatives designated as cash flow hedges
Summary of the effect of derivative instruments on the consolidated statements of income
Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion)			$ 4,903	$ (1,498)
Amount of gain (loss) reclassified from accumulated other comprehensive income into income (effective portion)			1,676	(794)
Amount of gain excluded from effectiveness testing			355	66
Designated as hedging instrument
Foreign currency exchange contracts and hedging
Derivative notional amount		$ 71,000	$ 71,000
Number of counterparties in derivative contracts | counterparty		7	7
Remaining maturity of foreign currency derivatives (in months)			6 months
Derivative, settled during period, notional amount		$ 41,000	$ 44,000
Non-designated derivatives
Foreign currency exchange contracts and hedging
Derivative notional amount		$ 30,000	$ 30,000
Number of counterparties in derivative contracts | counterparty		4	4
Remaining maturity of foreign currency derivatives (in months)			6 months
Derivative, entered into and settled during period, notional amount		$ 61,000	$ 124,000
Summary of the effect of derivative instruments on the consolidated statements of income
Amount of loss recognized in income on derivatives			$ (881)	$ (461)
Non-designated derivatives | Subsequent event
Foreign currency exchange contracts and hedging
Derivative notional amount	$ 48,000
Number of counterparties in derivative contracts | counterparty	9
Remaining maturity of foreign currency derivatives (in months)	3 months

Accumulated Other Comprehensi39

Accumulated Other Comprehensive Loss (AOCL) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Mar. 31, 2016
Accumulated other comprehensive loss
Unrealized gain on foreign currency hedging, net of tax	$ 2,171	$ 152
Cumulative foreign currency translation adjustment, net of tax	(17,866)	(20,709)
Accumulated other comprehensive loss	$ (15,695)	$ (20,557)

Net Income (Loss) per Share (Ad

Net Income (Loss) per Share (Additional Information) (Details) - shares	3 Months Ended		6 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Reconciliations of basic to diluted weighted-average common shares outstanding
Weighted-average shares used in basic computation	32,057,000	32,511,000	32,041,000	32,812,000
Dilutive effect of stock-based awards	365,000	264,000	0	0
Weighted-average shares used in diluted computation	32,422,000	32,775,000	32,041,000	32,812,000
Excluded NSUs
Options excluded in the computation of diluted income per share
Options excluded in the computation of diluted income per share (in shares)	131,000	177,000	420,000	480,000
Excluded RSUs
Options excluded in the computation of diluted income per share
Options excluded in the computation of diluted income per share (in shares)	396,000	457,000	396,000	457,000
Restricted Stock
Options excluded in the computation of diluted income per share
Options excluded in the computation of diluted income per share (in shares)	0	0	10,000	9,000
Excluded stock appreciation rights (SARs)
Options excluded in the computation of diluted income per share
Options excluded in the computation of diluted income per share (in shares)	90,000	510,000	480,000	700,000

Business Segments (Wholesale Op

Business Segments (Wholesale Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Mar. 31, 2016
Business segment information
Net sales to external customers	$ 485,944	$ 486,855	$ 660,337	$ 700,660
Income (loss) from operations	54,023	51,213	(24,296)	(12,495)
Total assets for reportable segments	1,572,601		1,572,601		$ 1,278,068
Reportable segments
Business segment information
Total assets for reportable segments	1,172,137		1,172,137		762,783
UGG wholesale
Business segment information
Net sales to external customers	337,852	344,659	383,753	411,081
Income (loss) from operations	112,510	116,794	102,298	113,414
Total assets for reportable segments	731,318		731,318		248,937
Teva wholesale
Business segment information
Net sales to external customers	12,246	14,103	41,771	51,169
Income (loss) from operations	(2,121)	(442)	(259)	5,432
Total assets for reportable segments	45,186		45,186		87,225
Sanuk wholesale
Business segment information
Net sales to external customers	15,030	13,324	37,333	41,837
Income (loss) from operations	(211)	(23)	3,970	5,325
Total assets for reportable segments	188,538		188,538		212,816
Other brands wholesale
Business segment information
Net sales to external customers	34,830	28,153	53,241	49,538
Income (loss) from operations	2,362	283	732	(3,717)
Total assets for reportable segments	67,742		67,742		65,072
Direct-to-Consumer
Business segment information
Net sales to external customers	85,986	86,616	144,239	147,035
Income (loss) from operations	(6,092)	(9,607)	(25,511)	(24,812)
Total assets for reportable segments	139,353		139,353		$ 148,733
Unallocated to segments
Business segment information
Income (loss) from operations	$ (52,425)	$ (55,792)	$ (105,526)	$ (108,137)

Business Segments (Assets) (Det

Business Segments (Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Mar. 31, 2016	Sep. 30, 2015	Mar. 31, 2015
Reconciliations of total assets from reportable segments to the condensed consolidated balance sheets
Total assets for reportable segments	$ 1,572,601	$ 1,278,068
Unallocated cash and cash equivalents	110,047	245,956	$ 99,775	$ 225,143
Consolidated total assets	1,572,601	1,278,068
Reportable segments
Reconciliations of total assets from reportable segments to the condensed consolidated balance sheets
Total assets for reportable segments	1,172,137	762,783
Consolidated total assets	1,172,137	762,783
Unallocated to segments
Reconciliations of total assets from reportable segments to the condensed consolidated balance sheets
Unallocated cash and cash equivalents	110,047	245,956
Unallocated deferred tax assets	21,574	20,636
Other unallocated corporate assets	$ 268,843	$ 248,693

Concentration of Business, Si43

Concentration of Business, Significant Customers and Credit Risk (Details) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Mar. 31, 2016USD ($)	Sep. 30, 2016USD ($)suppliertannery	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)suppliertannery	Sep. 30, 2015USD ($)	Mar. 31, 2015USD ($)
Concentration of Business, Significant Customers and Credit Risk [Line Items]
Property and equipment, net	$ 237,246	$ 246,723		$ 246,723
Number of tanneries | tannery		2		2
Number of suppliers | supplier		1		1
Cash equivalents	195,575	$ 65,312		$ 65,312
Cash	50,381	44,735		44,735
Total cash and cash equivalents	$ 245,956	$ 110,047	$ 99,775	$ 110,047	$ 99,775	$ 225,143
International net sales
Concentration of Business, Significant Customers and Credit Risk [Line Items]
Concentration risk (as a percent)		35.70%	38.10%	36.10%	37.80%
Net trade accounts receivable
Concentration of Business, Significant Customers and Credit Risk [Line Items]
Number of customers	one
Customer One | Net trade accounts receivable
Concentration of Business, Significant Customers and Credit Risk [Line Items]
Concentration risk (as a percent)	12.80%
US
Concentration of Business, Significant Customers and Credit Risk [Line Items]
Property and equipment, net	$ 211,111	$ 220,681		$ 220,681
All other countries
Concentration of Business, Significant Customers and Credit Risk [Line Items]
Property and equipment, net	$ 26,135	$ 26,042		$ 26,042
Concentration risk (as a percent)		28.20%	28.90%	27.30%	26.80%