| Schedule of Equity |
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the six months ended June 30, 2018 (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Columbia Sportswear Company |
|
Non-Controlling Interest |
|
Total |
Balance at December 31, 2017 |
|
$ |
1,621,951 |
|
|
$ |
30,308 |
|
|
$ |
1,652,259 |
|
Net income |
|
54,844 |
|
|
4,380 |
|
|
59,224 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Unrealized holding gains on available-for-sale securities |
|
4 |
|
|
— |
|
|
4 |
|
Derivative holding gains |
|
15,120 |
|
|
526 |
|
|
15,646 |
|
Foreign currency translation adjustments |
|
(12,096 |
) |
|
93 |
|
|
(12,003 |
) |
Cash dividends ($0.44 per share) |
|
(30,856 |
) |
|
— |
|
|
(30,856 |
) |
Dividends declared but not yet paid |
|
— |
|
|
(21,332 |
) |
|
(21,332 |
) |
Issuance of common stock under employee stock plans, net of tax |
|
10,840 |
|
|
— |
|
|
10,840 |
|
Adoption of new accounting pronouncements (Note 2) |
|
14,100 |
|
|
— |
|
|
14,100 |
|
Stock-based compensation expense |
|
6,599 |
|
|
— |
|
|
6,599 |
|
Repurchase of common stock |
|
(40,106 |
) |
|
— |
|
|
(40,106 |
) |
Balance at June 30, 2018 |
|
$ |
1,640,400 |
|
|
$ |
13,975 |
|
|
$ |
1,654,375 |
|
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the six months ended June 30, 2017 (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Columbia Sportswear Company |
|
Non-Controlling Interest |
|
Total |
Balance at December 31, 2016 |
|
$ |
1,560,820 |
|
|
$ |
20,691 |
|
|
$ |
1,581,511 |
|
Net income |
|
24,471 |
|
|
3,098 |
|
|
27,569 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Derivative holding losses |
|
(7,567 |
) |
|
(195 |
) |
|
(7,762 |
) |
Foreign currency translation adjustments |
|
16,888 |
|
|
1,796 |
|
|
18,684 |
|
Cash dividends ($0.36 per share) |
|
(25,046 |
) |
|
— |
|
|
(25,046 |
) |
Issuance of common stock under employee stock plans, net |
|
7,067 |
|
|
— |
|
|
7,067 |
|
Stock-based compensation expense |
|
5,719 |
|
|
— |
|
|
5,719 |
|
Repurchase of common stock |
|
(35,542 |
) |
|
— |
|
|
(35,542 |
) |
Balance at June 30, 2017 |
|
$ |
1,546,810 |
|
|
$ |
25,390 |
|
|
$ |
1,572,200 |
|
|