Just watch the 10-K @ Edgar;

There are 26,5 Mio outstanding A Shares and 8,1 Mio Outstanding B
Shares;

These are about 34,6 Mio Shares. Exactly the same amount @ Google
Finance.

@ Mr. Big:
The problematic with leasing is, that other companies such as Adidas
or Nike use Leasing as well. How to compare all this ?!?

My favorite on KSWS is, that they have a careful and longtherm view.
Such a Price as today = Price/Book 1.4 and a PE Ratio (and  PE 3 Year)
below 15 (even with carrying 8$ Cash) (PE of "Operation-body" 7-10)
with no financial debt is a good deal.

As I am German and K-Swiss shoes are seen far more often these days (I
saw about 20 Pairs last month (City is 500K population) even the EUR/$
is on my side. I pay 10€ for 1 Share; 4 Years Ago this would have been
30$/30€.

@ Mr. Value (Jae Jun)
If you don't know how to find the amount of Class A or B Shares (it's
several times in the annual report) there are two possibilities:
1) You didn't read the Annual Report
2) You are not expirienced at all.

Both possibilities are "ok"; but then the name of your Blog "Oldschool
Value" is a bit unfortunate

Last but not least the interesting Earnings-Transscript:
http://seekingalpha.com/article/66240-k-swiss-inc-q4-2007-earnings-ca...

Please excuse my horrible English;

Greetings from Germany
Matze