Quiksilver, Inc. is a diversified company that designs, develops and distributes branded apparel, footwear, accessories and related products, catering to the casual, youth lifestyle associated with the sports of surfing, skateboarding and snowboarding. It markets products across three core brands: Quiksilver, Roxy and DC, as well as several smaller brands. Its products are sold in over 90 countries in a range of distribution channels, including surf shops, skateboard shops, snowboard shops, specialty stores, select department stores and 770 owned or licensed company stores. The Company operates in three segments consisting of the Americas, Europe and Asia/Pacific. The Company derives its revenue from apparel, footwear, and accessories and related products. During fiscal year ended October 31, 2011 (fiscal 2011), more than 65% of its revenue was generated outside of the United States.