UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
-----------------
Deckers Outdoor Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
243537107
(CUSIP Number)
August 31, 2005
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant
to which this Schedule
is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 12 pages
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CUSIP No. 243537107 13G Page 2 of 12 Pages
------------------- ------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON/
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Artisan Partners Limited Partnership
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see Instructions)
(a)[ ]
(b)[ ]
Not Applicable
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF None
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
1,242,800
OWNED BY
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,242,800
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,242,800
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see Instructions)
Not Applicable
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
(see Instructions)
IA
--------------------------------------------------------------------------------
Page 2 of 12
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CUSIP No. 243537107 13G Page 3 of 12 Pages
------------------- ------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Artisan Investment Corporation
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see Instructions)
(a)[ ]
(b)[ ]
Not Applicable
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Wisconsin
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF None
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
1,242,800
OWNED BY
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,242,800
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,242,800
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see Instructions)
Not Applicable
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
(see Instructions)
CO
--------------------------------------------------------------------------------
Page 3 of 12
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CUSIP No. 243537107 13G Page 4 of 12 Pages
------------------- ------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Andrew A. Ziegler
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see Instructions)
(a)[ ]
(b)[ ]
Not Applicable
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF None
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
1,242,800
OWNED BY
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,242,800
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,242,800
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see Instructions)
Not Applicable
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
(see Instructions)
IN
--------------------------------------------------------------------------------
Page 4 of 12
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CUSIP No. 243537107 13G Page 5 of 12 Pages
------------------- ------------------
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlene Murphy Ziegler
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see Instructions)
(a)[ ]
(b)[ ]
Not Applicable
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF None
SHARES -----------------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
1,242,800
OWNED BY
-----------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON -----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
1,242,800
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,242,800
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see Instructions)
Not Applicable
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.1%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
(see Instructions)
IN
--------------------------------------------------------------------------------
Page 5 of 12
Item 1(a) Name of Issuer:
Deckers Outdoor Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
495-A South Fairview Avenue
Goleta, California 93117
Item 2(a) Name of Person Filing:
Artisan Partners Limited Partnership ("Artisan Partners")
Artisan Investment Corporation, the general partner of
Artisan Partners ("Artisan Corp.")
Andrew A. Ziegler
Carlene Murphy Ziegler
Item 2(b) Address of Principal Business Office:
Artisan Partners, Artisan Corp., Mr. Ziegler and Ms. Ziegler are
all located at:
875 East Wisconsin Avenue, Suite 800
Milwaukee, WI 53202
Item 2(c) Citizenship:
Artisan Partners is a Delaware limited partnership
Artisan Corp. is a Wisconsin corporation
Mr. Ziegler and Ms. Ziegler are U.S. citizens
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
243537107
Item 3 Type of Person:
(e) Artisan Partners is an investment adviser registered under
section 203 of the Investment Advisers Act of 1940; Artisan Corp.
is the General Partner of Artisan Partners; Mr. Ziegler and Ms.
Ziegler are the principal stockholders of Artisan Corp.
Page 6 of 12
Item 4 Ownership (at August 31, 2005):
(a) Amount owned "beneficially" within the meaning of rule
13d-3:
1,242,800
(b) Percent of class:
10.1% (based on 12,359,625 shares outstanding as of August
2, 2005)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: None
(ii) shared power to vote or to direct the vote: 1,242,800
(iii) sole power to dispose or to direct the disposition of:
None
(iv) shared power to dispose or to direct disposition of:
1,242,800
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
The shares reported herein have been acquired on behalf of
discretionary clients of Artisan Partners. Persons other than
Artisan Partners are entitled to receive all dividends from, and
proceeds from the sale of, those shares. None of those persons,
to the knowledge of Artisan Partners, Artisan Corp., Mr. Ziegler
or Ms. Ziegler, has an economic interest in more than 5% of the
class.
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company or
Control Person:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
Item 9 Notice of Dissolution of Group:
Not Applicable
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
Page 7 of 12
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: September 9, 2005
ARTISAN INVESTMENT CORPORATION
for itself and as general partner of
ARTISAN PARTNERS LIMITED PARTNERSHIP
By: Lawrence A. Totsky*
--------------------------------------------
ANDREW A. ZIEGLER
Andrew A. Ziegler*
------------------------------------------------
CARLENE MURPHY ZIEGLER
Carlene Murphy Ziegler*
------------------------------------------------
*By: /s/ Lawrence A. Totsky
-------------------------------------------
Lawrence A. Totsky
Chief Financial Officer of Artisan
Investment Corporation
Attorney-in-Fact for Andrew A. Ziegler
Attorney-in-Fact for Carlene Murphy Ziegler
Page 8 of 12
Exhibit Index
Exhibit 1 Joint Filing Agreement dated as of September 9, 2005 by and among
Artisan Partners Limited Partnership, Artisan Investment
Corporation, Andrew A. Ziegler, and Carlene Murphy Ziegler
Exhibit 2 Power of Attorney of Andrew A. Ziegler dated as of April 2, 2002
Exhibit 3 Power of Attorney of Carlene M. Ziegler dated as of April 2, 2002
Page 9 of 12
EXHIBIT 1
JOINT FILING AGREEMENT
The undersigned hereby agree to the joint filing of the Schedule 13G to
which this Agreement is attached.
Dated: September 9, 2005
ARTISAN INVESTMENT CORPORATION
for itself and as general partner of
ARTISAN PARTNERS LIMITED PARTNERSHIP
By: Lawrence A. Totsky*
--------------------------------------------
ANDREW A. ZIEGLER
Andrew A. Ziegler*
------------------------------------------------
CARLENE MURPHY ZIEGLER
Carlene Murphy Ziegler*
------------------------------------------------
*By: /s/ Lawrence A. Totsky
-------------------------------------------
Lawrence A. Totsky
Chief Financial Officer of Artisan
Investment Corporation
Attorney-in-Fact for Andrew A. Ziegler
Attorney-in-Fact for Carlene Murphy Ziegler
Page 10 of 12
EXHIBIT 2
POWER OF ATTORNEY
The undersigned, Andrew A. Ziegler, hereby appoints Lawrence A. Totsky,
Janet D. Olsen, and Gregory K. Ramirez, and each of them individually, his true
and lawful attorney-in-fact and agent, with full power to execute and file with
the United States Securities and Exchange Commission and any stock exchange or
similar authority, for and on his behalf in any and all capacities, any and all
reports required to be filed pursuant to Section 13 of the Securities Exchange
Act of 1934 and the rules thereunder, including but not limited to reports on
Schedule 13D or 13G, any and all amendments to such reports, with all exhibits,
and any other forms or documents as may be necessary in connection with the
filing of such reports with the United States Securities and Exchange Commission
and any stock exchange or similar authority, granting unto said attorney full
power and authority to do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete, as fully as the
undersigned might or could do in person.
This Power of Attorney shall remain in full force and effect until revoked
by the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact and agents.
IN WITNESS WHEREOF the undersigned has caused this Power of Attorney to be
executed this 2nd day of April, 2002.
/s/ Andrew A. Ziegler
-----------------------------------
Andrew A. Ziegler
STATE OF WISCONSIN )
) SS.
COUNTY OF MILWAUKEE)
I, Marie V. Glowacki, a Notary Public in and for the County of Milwaukee,
State of Wisconsin, DO HEREBY CERTIFY that Andrew A. Ziegler, who is personally
known to me to be the same person whose name is subscribed to the foregoing
instrument, appeared before me this day in person and acknowledged that he
signed and delivered the said instrument as his own free and voluntary act, for
the uses and purposes therein set forth.
Given under my hand and notarial seal, this 2 day of April, 2002.
/s/ Marie V. Glowacki
-----------------------------------
Notary Public
Page 11 of 12
EXHIBIT 3
POWER OF ATTORNEY
The undersigned, Carlene Murphy Ziegler, hereby appoints Lawrence A.
Totsky, Janet D. Olsen, and Gregory K. Ramirez, and each of them individually,
her true and lawful attorney-in-fact and agent, with full power to execute and
file with the United States Securities and Exchange Commission and any stock
exchange or similar authority, for and on her behalf in any and all capacities,
any and all reports required to be filed pursuant to Section 13 of the
Securities Exchange Act of 1934 and the rules thereunder, including but not
limited to reports on Schedule 13D or 13G, any and all amendments to such
reports, with all exhibits, and any other forms or documents as may be necessary
in connection with the filing of such reports with the United States Securities
and Exchange Commission and any stock exchange or similar authority, granting
unto said attorney full power and authority to do and perform any and all acts
for and on behalf of the undersigned which may be necessary or desirable to
complete, as fully as the undersigned might or could do in person.
This Power of Attorney shall remain in full force and effect until revoked
by the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact and agents.
IN WITNESS WHEREOF the undersigned has caused this Power of Attorney to be
executed this 2 day of April, 2002.
/s/ Carlene Murphy Ziegler
-----------------------------------
Carlene Murphy Ziegler
STATE OF WISCONSIN )
) SS.
COUNTY OF MILWAUKEE)
I, Kim R. Ruffert, a Notary Public in and for the County of Milwaukee,
State of Wisconsin, DO HEREBY CERTIFY that Carlene Murphy Ziegler, who is
personally known to me to be the same person whose name is subscribed to the
foregoing instrument, appeared before me this day in person and acknowledged
that she signed and delivered the said instrument as her own free and voluntary
act, for the uses and purposes therein set forth.
Given under my hand and notarial seal, this 2 day of April, 2002.
/s/ Kim R. Ruffert
-----------------------------------
Notary Public