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

Fair Value Measures (Tables)

9 Months Ended

Sep. 30, 2012

Assets and liabilities measured at fair value on a recurring basis at September 30, 2012 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	13,700	$	—	$	—	$	13,700
Time deposits	10,016		—		—		10,016
Available-for-sale short-term investments⁽¹⁾
Time deposits	—		2,128		—		2,128
Other current assets
Derivative financial instruments (Note 11)	—		2,752		—		2,752
Other non-current assets
Mutual fund shares	3,879		—		—		3,879
Total assets measured at fair value	$	27,595	$	4,880	$	—	$	32,475
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 11)	$	—	$	2,220	$	—	$	2,220
Total liabilities measured at fair value	$	—	$	2,220	$	—	$	2,220

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 11)	—		7,236		—		7,236
Other non-current assets
Derivative financial instruments (Note 11)	—		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 11)	$	—	$	3,786	$	—	$	3,786
Other long-term liabilities
Derivative financial instruments (Note 11)	—		91		—		91
Total liabilities measured at fair value	$	—	$	3,877	$	—	$	3,877

Assets and liabilities measured at fair value on a recurring basis at September 30, 2011 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	57,939	$	—	$	—	$	57,939
Available-for-sale short-term investments⁽¹⁾
Time deposits	2,423		—		—		2,423
Other current assets
Derivative financial instruments (Note 11)	—		8,357		—		8,357
Other non-current assets
Mutual fund shares	2,261		—		—		2,261
Total assets measured at fair value	$	62,623	$	8,357	$	—	$	70,980
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 11)	$	—	$	2,585	$	—	$	2,585
Total liabilities measured at fair value	$	—	$	2,585	$	—	$	2,585


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