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

Fair Value Measures (Tables)

9 Months Ended

Sep. 30, 2015

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2015 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	82,137	$	—	$	—	$	82,137
Time deposits	23,600		—		—		23,600
Other short-term investments
Mutual fund shares	629		—		—		629
Other current assets
Derivative financial instruments (Note 11)	—		2,492		—		2,492
Other non-current assets
Derivative financial instruments (Note 11)	—		309		—		309
Mutual fund shares	6,596		—		—		6,596
Total assets measured at fair value	$	112,962	$	2,801	$	—	$	115,763
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 11)	$	—	$	659	$	—	$	659
Total liabilities measured at fair value	$	—	$	659	$	—	$	659

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	94,112	$	—	$	—	$	94,112
Time deposits	45,187		—		—		45,187
Certificates of deposit	—		1,470		—		1,470
Reverse repurchase agreements	—		40,000		—		40,000
U.S. Government-backed municipal bonds	—		5,812		—		5,812
Available-for-sale short-term investments⁽¹⁾
Certificates of deposit	—		3,184		—		3,184
U.S. Government-backed municipal bonds	—		23,598		—		23,598
Other short-term investments
Mutual fund shares	485		—		—		485
Other current assets
Derivative financial instruments (Note 11)	—		12,747		—		12,747
Other non-current assets
Mutual fund shares	6,039		—		—		6,039
Total assets measured at fair value	$	145,823	$	86,811	$	—	$	232,634
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 11)	$	—	$	924	$	—	$	924
Total liabilities measured at fair value	$	—	$	924	$	—	$	924

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2014 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	79,266	$	—	$	—	$	79,266
Time deposits	25,167		—		—		25,167
Other short-term investments
Mutual funds shares	537		—		—		537
Other current assets
Derivative financial instruments (Note 11)	—		8,694		—		8,694
Other non-current assets
Mutual fund shares	5,247		—		—		5,247
Total assets measured at fair value	$	110,217	$	8,694	$	—	$	118,911


⁽¹⁾	Investments have remaining maturities of less than one year.