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

Fair Value Measures (Tables)

12 Months Ended

Dec. 31, 2020

Dec. 31, 2019

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2020 are as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	119,378	$	—	$	—	$	119,378
United States government treasury bills	—		234,982		—		234,982



Short-term investments:
Money market funds	105		—		—		105
Mutual fund shares	1,119		—		—		1,119
Other current assets:
Derivative financial instruments	—		2,597		—		2,597
Non-current assets:
Money market funds	4,059		—		—		4,059
Mutual fund shares	14,657		—		—		14,657
Derivative financial instruments	—		1,126		—		1,126
Total assets measured at fair value	$	139,318	$	238,705	$	—	$	378,023
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	9,841	$	—	$	9,841
Other long-term liabilities
Derivative financial instruments	—		6,590		—		6,590
Total liabilities measured at fair value	$	—	$	16,431	$	—	$	16,431

Assets and liabilities measured at fair value on a recurring basis at December 31, 2019 are as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	288,926	$	—	$	—	$	288,926


United States government treasury bills	—		34,928		—		34,928
Commercial paper	—		33,587		—		33,587






Short-term investments:
Mutual fund shares	1,668		—		—		1,668
Other current assets:
Derivative financial instruments	—		14,001		—		14,001
Non-current assets:
Money market funds	1,792		—		—		1,792
Mutual fund shares	12,172		—		—		12,172
Derivative financial instruments	—		4,159		—		4,159
Total assets measured at fair value	$	304,558	$	86,675	$	—	$	391,233
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	2,266	$	—	$	2,266
Other long-term liabilities:
Derivative financial instruments	—		768		—		768
Total liabilities measured at fair value	$	—	$	3,034	$	—	$	3,034