Quarterly Financial Data (Unaudited)

12 Months Ended

Oct. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

A summary of quarterly financial data (unaudited) is as follows:



	Year Ended October 31, 2015
	Quarter Ended
In thousands, except per share amounts	January 31			April 30			July 31			October 31
Revenues, net	$	340,854		$	333,052		$	336,134		$	335,900
Gross profit	169,444			156,798			161,392			133,746
Loss from continuing operations attributable to Quiksilver, Inc.⁽¹⁾	(18,290		)	(37,594		)	(124,712		)	(133,096		)
Income from discontinued operations attributable to Quiksilver, Inc.	7,520			—			—			—
Net loss attributable to Quiksilver, Inc.⁽¹⁾	(10,770		)	(37,594		)	(124,712		)	(133,096		)
Loss per share from continuing operations attributable to Quiksilver, Inc., assuming dilution	(0.11		)	(0.22		)	(0.73		)	(0.77		)
Income per share from discontinued operations attributable to Quiksilver, Inc., assuming dilution	0.04			—			—			—
Net loss per share attributable to Quiksilver, Inc., assuming dilution	(0.06		)	(0.22		)	(0.73		)	(0.78		)
Trade accounts receivable, net	258,952			251,947			218,962			213,493
Inventories	306,119			291,248			338,432			295,062



	Year Ended October 31, 2014
	Quarter Ended
In thousands, except per share amounts	January 31			April 30			July 31			October 31
Revenues, net	$	394,910		$	396,941		$	378,215		$	401,388
Gross profit	200,640			194,290			181,071			187,209
Loss from continuing operations attributable to Quiksilver, Inc.⁽²⁾	(21,529		)	(37,880		)	(218,309		)	(49,315		)
Income/(loss) from discontinued operations attributable to Quiksilver, Inc.⁽³⁾	37,720			(15,244		)	(2,283		)	(1,223		)
Net income/(loss) attributable to Quiksilver, Inc.⁽²⁾	16,191			(53,124		)	(220,592		)	(50,538		)
Loss per share from continuing operations attributable to Quiksilver, Inc., assuming dilution	(0.13		)	(0.22		)	(1.28		)	(0.29		)
Income/(loss) per share from discontinued operations attributable to Quiksilver, Inc., assuming dilution	0.22			(0.09		)	(0.01		)	(0.01		)
Net income/(loss) per share attributable to Quiksilver, Inc., assuming dilution	0.10			(0.31		)	(1.29		)	(0.30		)
Trade accounts receivable, net	331,141			343,767			308,113			311,014
Inventories	365,075			309,585			337,164			284,517

___________

(1)

The fiscal quarter ended July 31, 2015 included goodwill impairment charges of $74 million and $6 million for the Americas and APAC segments, respectively. The fiscal quarter ended July 31, 2015 also included an impairment charge of $16 million in the EMEA reporting unit to reduce the Quiksilver trademark to fair value. The fiscal quarter ended October 31, 2015 also included impairment charges of $5 million and $2 million in the EMEA and APAC reporting units, respectively, to reduce the Quiksilver trademark to fair value.


(2)	The fiscal quarter ended July 31, 2014 included goodwill impairment charge of $178 million for the EMEA segment.


(3)	The fiscal quarters ended April 30, 2014 and July 31, 2014 include impairment charges of $15 million and $4 million, respectively, related to the Surfdome business.

QUIKSILVER INC 10-K