Columbia Sportswear Company Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Business Acquisition Business Acquisition (Tables)

Business Acquisition Business Acquisition (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Preliminary Estimated Fair Value of Net Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of the net assets acquired and liabilities assumed and measurement period adjustments since May 30, 2014, the acquisition date (in thousands). Measurement period adjustments since the May 30, 2014 acquisition date were not significant.



	Valuation at December 31, 2014
Cash	$	4,946
Accounts receivable	10,021
Inventories	9,641
Other current assets	2,531
Property, plant and equipment	5,192
Acquired intangible assets	114,500
Other non-current assets	258
Total assets acquired	147,089

Accounts payable	2,803
Other current liabilities	5,029
Total liabilities assumed	7,832

Net identifiable assets acquired	139,257
Goodwill	54,156
Net assets acquired	$	193,413

Schedule of Indefinite Intangible Assets Acquired And Their Estimated Useful Lives as Part of Business Combination

The following table sets forth the components of identifiable intangible assets and their estimated useful lives as of May 30, 2014, the acquisition date (in thousands, except for estimated useful lives, in years):



	Estimated fair value		Estimated useful life, in years
Trade name	$	88,000	Indefinite
Customer relationships	23,000		3-10 years
Order backlog	3,500		Less than 1 year
Total	$	114,500

Schedule of Pro Forma Information

The following table reflects the unaudited pro forma consolidated results of operations for the periods presented, as though the acquisition of prAna had occurred on January 1, 2013 (in thousands):



	(unaudited)
	Year Ended December 31,
	2014		2013
Net sales	$	2,144,022	$	1,767,505
Net income attributable to Columbia Sportswear Company	145,483		94,170
Earnings per share attributable to Columbia Sportswear Company:
Basic	$	2.08	$	1.37
Diluted	2.06		1.36