Columbia Sportswear Company Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measures (Tables)

3 Months Ended

Mar. 31, 2012


	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	59,853	$	—	$	—	$	59,853
Time deposits		10,000		5,295		—		15,295
Available-for-sale short-term investments⁽¹⁾
Time deposits		—		2,438		—		2,438
U.S Government-backed municipal bonds		—		9,590		—		9,590
Other current assets
Derivative financial instruments (Note 10)		—		5,443		—		5,443
Other non-current assets
Derivative financial instruments (Note 10)		—		565		—		565
Mutual fund shares		3,552		—		—		3,552

Total assets measured at fair value	$	73,405	$	23,331	$	—	$	96,736

Liabilities:
Accrued liabilities
Derivative financial instruments (Note 10)	$	—	$	488	$	—	$	488

Total liabilities measured at fair value	$	—	$	488	$	—	$	488

Assets and liabilities measured at fair value on a recurring basis at December 31, 2011 are as follows (in thousands):


	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	55,542	$	—	$	—	$	55,542
Time deposits		10,000		—		—		10,000
Available-for-sale short-term investments ⁽¹⁾
Time deposits		2,878		—		—		2,878
Other current assets
Derivative financial instruments (Note 10)		—		7,236		—		7,236
Other non-current assets
Derivative financial instruments (Note 10)		—		1,117		—		1,117
Mutual fund shares		2,521		—		—		2,521

Total assets measured at fair value	$	70,941	$	8,353	$	—	$	79,294

Liabilities:
Accrued liabilities
Derivative financial instruments (Note 10)	$	—	$	3,786	$	—	$	3,786
Other long-term liabilities
Derivative financial instruments (Note 10)		—		91		—		91

Total liabilities measured at fair value	$	—	$	3,877	$	—	$	3,877

Assets and liabilities measured at fair value on a recurring basis at March 31, 2011 are as follows (in thousands):


	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	139,925	$	—	$	—	$	139,925
Time deposits		7,516		—		—		7,516
U.S. Government-backed municipal bonds		—		1,008		—		1,008
Available-for-sale short-term investments⁽¹ ⁾
Short-term municipal bond fund		25,711		—		—		25,711
U.S. Government-backed municipal bonds		—		74,620		—		74,620
Other current assets
Derivative financial instruments (Note 10)		—		4,458		—		4,458
Other non-current assets
Mutual fund shares		2,302		—		—		2,302

Total assets measured at fair value	$	175,454	$	80,086	$	—	$	255,540

Liabilities:
Accrued liabilities
Derivative financial instruments (Note 10)	$	—	$	7,849	$	—	$	7,849

Total liabilities measured at fair value	$	—	$	7,849	$	—	$	7,849

⁽¹ ⁾	Investments have remaining maturities greater than three months but less than two years and are available for use in current operations.