defr14a
 

SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. 1)
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  Definitive Proxy Statement
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  Definitive Additional Materials
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Deckers Outdoor Corporation
(Name of Registrant as Specified In Its Charter)
 
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EXPLANATORY NOTE
 
The Registrant’s definitive proxy statement for its 2007 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on April 9, 2007 is hereby amended to restate the information contained in the Summary Compensation Table and accompanying footnotes for the year ended December 31, 2006. The Summary Compensation Table contained in the Registrant’s previously filed definitive proxy statement inadvertently omitted the column entitled “Total,” and footnote 6 inadvertently did not make reference to the column entitled “All Other Compensation.” Set forth below is the corrected Summary Compensation Table containing the “Total” column and corrected footnote 6. Other than the inclusion of such column and corrected footnote, there are no other changes to the information contained in the table, the accompanying footnotes or elsewhere in the Registrant’s definitive proxy statement from the version filed on April 9, 2007.
 
SUMMARY COMPENSATION TABLE
 
The following table sets forth for the year ended December 31, 2006, the reportable compensation paid or awarded to the Named Executive Officers.
 
                                                         
                            Non-Equity
             
                Stock
    Option
    Incentive Plan
    All Other
       
                Awards
    Awards
    Compensation
    Compensation
       
Name and principal position
  Year     Salary ($)     ($) (1)     ($) (2)     ($) (3)     ($) (4)     Total ($)  
 
Angel R. Martinez
    2006     $ 500,000     $ 477,109     $     $ 850,000     $     $ 1,827,109  
Chief Executive Officer and President
                                                       
Zohar Ziv
    2006       248,110 (5)     138,014             251,250       15,856 (6)     653,230  
Chief Financial Officer and Executive Vice President of Finance and Administration
                                                       
Constance X. Rishwain
    2006       225,000       70,250       66,520       421,875             783,645  
President of the Simple & UGG Divisions
                                                       
Colin G. Clark
    2006       225,000       61,232             253,125       24,000       563,357  
Vice President of International Operations
                                                       
Patrick C. Devaney
    2006       200,000       70,250       61,880       201,000             533,130  
Senior Vice President and Vice President Global Sourcing, Production and Development
                                                       
 
 
(1) The amounts in this column are calculated based on provisions of FAS 123(R). See note 1(h) of the consolidated financial statements of the Company’s Annual Report on Form 10-K for the year ended December 31, 2006 regarding assumptions underlying valuation of equity awards.
 
(2) The amounts in this column are calculated based on provisions of FAS 123(R). See note 6 of the consolidated financial statements of the Company’s Annual Report on Form 10-K for the year ended December 31, 2006 regarding assumptions underlying valuation of equity awards.
 
(3) The amounts in this column reflect the cash awards to the named individuals under the Annual Incentive Plan, which is discussed in further detail on page 12 under the heading “Annual Non-Equity Incentive Plan Compensation.”
 
(4) The amounts in this column reflect, for each respective named executive, a housing allowance for relocation paid by the Company to the executives, except as noted in footnote (6) below.
 
(5) The amount of Mr. Ziv’s salary is prorated based on his effective date of employment, which was March 6, 2006.
 
(6) In addition to the item noted in footnote (4) above, the amount shown under All Other Compensation for Mr. Ziv includes $1,200 received as a matching contribution paid by the Company pursuant to the 401(k) defined contribution plan, which is more fully described on page 14 under the heading “Perquisites and Other Personal Benefits.”