UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934

                               (Amendment No. 1 )*

                           Deckers Outdoor Corporation
                         ------------------------------
                                (Name of Issuer)

                                  Common Stock
                         ------------------------------
                         (Title of Class of Securities)


                                    243537107
                                 --------------
                                 (CUSIP Number)

                                October 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




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) [ ]

          Not Applicable                                              (b) [ ]

3    SEC USE ONLY

4    CITIZENSHIP OR PLACE OF ORGANIZATION

          Delaware

 NUMBER OF     5    SOLE VOTING POWER

  SHARES                 None

BENEFICIALLY   6    SHARED VOTING POWER

  OWNED BY               None

   EACH
               7    SOLE DISPOSITIVE POWER
 REPORTING
                         None
  PERSON
               8    SHARED DISPOSITIVE POWER
   WITH
                         None

9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          None


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)

          0.0%

12   TYPE OF REPORTING PERSON
     (see Instructions)

          IA

                                  Page 2 of 12




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) [ ]

          Not Applicable                                              (b) [ ]

3    SEC USE ONLY


4    CITIZENSHIP OR PLACE OF ORGANIZATION

          Wisconsin

 NUMBER OF     5    SOLE VOTING POWER

  SHARES                 None

BENEFICIALLY   6    SHARED VOTING POWER

  OWNED BY               None

   EACH        7    SOLE DISPOSITIVE POWER

 REPORTING               None

  PERSON       8    SHARED DISPOSITIVE POWER

   WITH                  None


9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          None

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)

          0.0%

12   TYPE OF REPORTING PERSON
     (see Instructions)

          CO

                                  Page 3 of 12




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) [ ]

          Not Applicable                                              (b) [ ]

3    SEC USE ONLY


4    CITIZENSHIP OR PLACE OF ORGANIZATION

          U.S.A.


 NUMBER OF     5    SOLE VOTING POWER

  SHARES                 None

BENEFICIALLY   6    SHARED VOTING POWER

  OWNED BY               None

   EACH        7    SOLE DISPOSITIVE POWER

 REPORTING               None

  PERSON       8    SHARED DISPOSITIVE POWER

   WITH                  None


9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          None

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)

          0.0%

12   TYPE OF REPORTING PERSON
     (see Instructions)

          IN

                                  Page 4 of 12




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) [ ]

          Not Applicable                                              (b) [ ]

3    SEC USE ONLY

4    CITIZENSHIP OR PLACE OF ORGANIZATION

          U.S.A.


 NUMBER OF     5    SOLE VOTING POWER

  SHARES                 None

BENEFICIALLY
               6    SHARED VOTING POWER
  OWNED BY
                         None
   EACH
               7    SOLE DISPOSITIVE POWER
 REPORTING
                         None
  PERSON
               8    SHARED DISPOSITIVE POWER
   WITH
                         None


9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          None


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)

          0.0%

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 October 31, 2005):

                    (a)  Amount owned "beneficially" within the meaning of rule
                         13d-3:

                         None

                    (b)  Percent of class:

                         0.0% (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:

                    If this statement is being filed to report the fact that as
                    of the date hereof the reporting person has ceased to be the
                    beneficial owner of more than five percent of the class of
                    securities, check the following [X].


Item 6         Ownership of More than Five Percent on Behalf of Another Person:

                    Not Applicable


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: November 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 November 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: November 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 OFMILWAUKEE)

     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 OFMILWAUKEE)

     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

                                  Page 12 of 12