Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Cash Flows

v2.4.1.9
Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 141,859us-gaap_ProfitLoss $ 93,603us-gaap_ProfitLoss $ 99,859us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 54,017us-gaap_DepreciationDepletionAndAmortization 40,871us-gaap_DepreciationDepletionAndAmortization 40,892us-gaap_DepreciationDepletionAndAmortization
Loss on disposal or impairment of property, plant, and equipment 481colm_GainLossOnDisposalOrImpairmentOfPropertyPlantAndEquipment 9,344colm_GainLossOnDisposalOrImpairmentOfPropertyPlantAndEquipment 1,582colm_GainLossOnDisposalOrImpairmentOfPropertyPlantAndEquipment
Deferred income taxes (6,978)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 8,818us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 7,140us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Stock-based compensation 11,120us-gaap_ShareBasedCompensation 8,878us-gaap_ShareBasedCompensation 7,833us-gaap_ShareBasedCompensation
Excess tax benefit from employee stock plans (4,927)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (1,532)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (1,016)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Changes in operating assets and liabilities:      
Accounts receivable (31,478)us-gaap_IncreaseDecreaseInAccountsReceivable 27,442us-gaap_IncreaseDecreaseInAccountsReceivable 18,166us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (62,086)us-gaap_IncreaseDecreaseInInventories 34,089us-gaap_IncreaseDecreaseInInventories 2,951us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (4,869)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 5,166us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (2,025)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets 4,291us-gaap_IncreaseDecreaseInOtherNoncurrentAssets (4,215)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets (1,259)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Accounts payable 41,941us-gaap_IncreaseDecreaseInAccountsPayable 31,711us-gaap_IncreaseDecreaseInAccountsPayable (12,330)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued liabilities 35,051us-gaap_IncreaseDecreaseInAccruedLiabilities 12,210us-gaap_IncreaseDecreaseInAccruedLiabilities (5,199)us-gaap_IncreaseDecreaseInAccruedLiabilities
Income taxes payable 1,166us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 5,534us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (11,052)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Other liabilities 6,195us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 2,356us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 3,126us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 185,783us-gaap_NetCashProvidedByUsedInOperatingActivities 274,275us-gaap_NetCashProvidedByUsedInOperatingActivities 148,668us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Acquisition of business, net of cash acquired (188,467)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired 0us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Purchases of short-term investments (48,243)us-gaap_PaymentsToAcquireShortTermInvestments (125,390)us-gaap_PaymentsToAcquireShortTermInvestments (83,969)us-gaap_PaymentsToAcquireShortTermInvestments
Sales of short-term investments 112,895us-gaap_ProceedsFromSaleOfShortTermInvestments 78,636us-gaap_ProceedsFromSaleOfShortTermInvestments 42,319us-gaap_ProceedsFromSaleOfShortTermInvestments
Capital expenditures (60,283)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (69,443)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (50,491)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of property, plant, and equipment 71us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 111us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 7,099us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash used in investing activities (184,027)us-gaap_NetCashProvidedByUsedInInvestingActivities (116,086)us-gaap_NetCashProvidedByUsedInInvestingActivities (85,042)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Proceeds from credit facilities 52,356us-gaap_ProceedsFromLinesOfCredit 69,136us-gaap_ProceedsFromLinesOfCredit 100,654us-gaap_ProceedsFromLinesOfCredit
Repayments on credit facilities (52,205)us-gaap_RepaymentsOfLinesOfCredit (69,292)us-gaap_RepaymentsOfLinesOfCredit (100,498)us-gaap_RepaymentsOfLinesOfCredit
Proceeds from issuance of common stock under employee stock plans 22,277us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 19,537us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 14,600us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Tax payments related to restricted stock unit issuances (3,141)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (2,291)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (1,486)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Excess tax benefit from employee stock plans 4,927us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 1,532us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 1,016us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Repurchase of common stock (15,000)us-gaap_PaymentsForRepurchaseOfCommonStock 0us-gaap_PaymentsForRepurchaseOfCommonStock (206)us-gaap_PaymentsForRepurchaseOfCommonStock
Proceeds from related party note payable 16,072us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt 0us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt 0us-gaap_ProceedsFromRepaymentsOfRelatedPartyDebt
Capital contribution from non-controlling interest 0us-gaap_ProceedsFromMinorityShareholders 8,000us-gaap_ProceedsFromMinorityShareholders 0us-gaap_ProceedsFromMinorityShareholders
Cash dividends paid (39,836)us-gaap_PaymentsOfDividendsCommonStock (31,298)us-gaap_PaymentsOfDividendsCommonStock (29,780)us-gaap_PaymentsOfDividendsCommonStock
Net cash used in financing activities (14,550)us-gaap_NetCashProvidedByUsedInFinancingActivities (4,676)us-gaap_NetCashProvidedByUsedInFinancingActivities (15,700)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net effect of exchange rate changes on cash (11,137)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (6,805)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 1,821us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase (decrease) in cash and cash equivalents (23,931)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 146,708us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 49,747us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of year 437,489us-gaap_CashAndCashEquivalentsAtCarryingValue 290,781us-gaap_CashAndCashEquivalentsAtCarryingValue 241,034us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of year 413,558us-gaap_CashAndCashEquivalentsAtCarryingValue 437,489us-gaap_CashAndCashEquivalentsAtCarryingValue 290,781us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:      
Cash paid during the year for income taxes 53,958us-gaap_IncomeTaxesPaid 22,771us-gaap_IncomeTaxesPaid 43,696us-gaap_IncomeTaxesPaid
Supplemental disclosures of non-cash investing activities:      
Capital expenditures incurred but not yet paid $ 7,196us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 5,195us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 5,313us-gaap_CapitalExpendituresIncurredButNotYetPaid