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

Fair Value Measures (Tables)

9 Months Ended

Sep. 30, 2016

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	96,994	$	—	$	—	$	96,994
Time deposits	42,248		—		—		42,248
Other short-term investments:
Mutual fund shares	467		—		—		467
Other current assets:
Derivative financial instruments (Note 10)	—		1,979		—		1,979
Other non-current assets:
Derivative financial instruments (Note 10)	—		344		—		344
Mutual fund shares	8,245		—		—		8,245
Total assets measured at fair value	$	147,954	$	2,323	$	—	$	150,277
Liabilities:
Accrued liabilities:
Derivative financial instruments (Note 10)	$	—	$	4,145	$	—	$	4,145
Other long-term liabilities:
Derivative financial instruments (Note 10)	—		559		—		559
Total liabilities measured at fair value	$	—	$	4,704	$	—	$	4,704

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	114,247	$	—	$	—	$	114,247
Time deposits	63,327		—		—		63,327
Other short-term investments:
Mutual fund shares	629		—		—		629
Other current assets:
Derivative financial instruments (Note 10)	—		6,722		—		6,722
Other non-current assets:
Derivative financial instruments (Note 10)	—		566		—		566
Mutual fund shares	6,887		—		—		6,887
Total assets measured at fair value	$	185,090	$	7,288	$	—	$	192,378
Liabilities:
Accrued liabilities:
Derivative financial instruments (Note 10)	$	—	$	1,917	$	—	$	1,917
Total liabilities measured at fair value	$	—	$	1,917	$	—	$	1,917

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 funds shares	629		—		—		629
Other current assets:
Derivative financial instruments (Note 10)	—		2,492		—		2,492
Other non-current assets:
Derivative financial instruments (Note 10)	—		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 10)	$	—	$	659	$	—	$	659
Total liabilities measured at fair value	$	—	$	659	$	—	$	659