| Schedule of Equity |
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the nine months ended September 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 |
|
154,996 |
|
|
6,603 |
|
|
161,599 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Unrealized holding losses on available-for-sale securities |
|
(158 |
) |
|
— |
|
|
(158 |
) |
Derivative holding gains |
|
17,472 |
|
|
1,070 |
|
|
18,542 |
|
Foreign currency translation adjustments |
|
(12,147 |
) |
|
(418 |
) |
|
(12,565 |
) |
Cash dividends ($0.66 per share) |
|
(46,160 |
) |
|
— |
|
|
(46,160 |
) |
Dividends to non-controlling interest |
|
— |
|
|
(21,332 |
) |
|
(21,332 |
) |
Issuance of common stock under employee stock plans, net of tax |
|
12,286 |
|
|
— |
|
|
12,286 |
|
Adoption of new accounting pronouncements (Note 2) |
|
14,100 |
|
|
— |
|
|
14,100 |
|
Stock-based compensation expense |
|
10,247 |
|
|
— |
|
|
10,247 |
|
Repurchase of common stock |
|
(107,222 |
) |
|
— |
|
|
(107,222 |
) |
Balance at September 30, 2018 |
|
$ |
1,665,365 |
|
|
$ |
16,231 |
|
|
$ |
1,681,596 |
|
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the nine months ended September 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 |
|
112,195 |
|
|
6,476 |
|
|
118,671 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Derivative holding losses |
|
(15,993 |
) |
|
(375 |
) |
|
(16,368 |
) |
Foreign currency translation adjustments |
|
24,681 |
|
|
2,336 |
|
|
27,017 |
|
Cash dividends ($0.54 per share) |
|
(37,617 |
) |
|
— |
|
|
(37,617 |
) |
Issuance of common stock under employee stock plans, net |
|
12,471 |
|
|
— |
|
|
12,471 |
|
Stock-based compensation expense |
|
8,277 |
|
|
— |
|
|
8,277 |
|
Repurchase of common stock |
|
(35,542 |
) |
|
— |
|
|
(35,542 |
) |
Balance at September 30, 2017 |
|
$ |
1,629,292 |
|
|
$ |
29,128 |
|
|
$ |
1,658,420 |
|
|