Columbia Sportswear Company Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Intangible Assets, Net and Goodwill

Intangible Assets, Net and Goodwill

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]


NOTE 6 — INTANGIBLE ASSETS, NET AND GOODWILL

INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following:



	As of
(in thousands)	March 31, 2025		December 31, 2024		March 31, 2024
Intangible assets with definite lives:
Patents and purchased technology	$	14,198	$	14,198	$	14,198
Customer relationships	23,000		23,000		23,000
Gross carrying amount	37,198		37,198		37,198
Accumulated amortization:
Patents and purchased technology	(14,198)		(14,198)		(14,198)
Customer relationships	(23,000)		(23,000)		(22,725)
Accumulated amortization	(37,198)		(37,198)		(36,923)
Net carrying amount	—		—		275
Intangible assets with indefinite lives	79,221		79,221		79,221
Intangible assets, net	$	79,221	$	79,221	$	79,496

Intangible assets subject to amortization were fully amortized as of March 31, 2025 and December 31, 2024. For the three months ended March 31, 2024, amortization expense for intangible assets subject to amortization was $0.4 million.

GOODWILL

There have been no changes to the Company's goodwill as described in Note 5 in Part II, Item 8 of the Company's Annual Report on Form 10-K for the year ended December 31, 2024.