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

Fair Value Measures (Tables)

3 Months Ended

Mar. 31, 2013

Assets and liabilities measured at fair value on a recurring basis at March 31, 2013 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	130,794	$	—	$	—	$	130,794
Time deposits	25,054		1,800		—		26,854
U.S. Government-backed repurchase agreements	—		50,000		—		50,000
Available-for-sale short-term investments⁽¹⁾
Certificates of deposit	—		7,599		—		7,599
Variable-rate demand notes	—		31,500		—		31,500
U.S. Government-backed municipal bonds	—		31,889		—		31,889
Other current assets
Derivative financial instruments (Note 10)	—		5,065		—		5,065
Other non-current assets
Mutual fund shares	4,513		—		—		4,513
Total assets measured at fair value	$	160,361	$	127,853	$	—	$	288,214
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 10)	$	—	$	803	$	—	$	803
Total liabilities measured at fair value	$	—	$	803	$	—	$	803

Assets and liabilities measured at fair value on a recurring basis at December 31, 2012 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	70,857	$	—	$	—	$	70,857
Time deposits	25,035		—		—		25,035
Certificates of deposit	—		2,450		—		2,450
U.S. Government-backed repurchase agreements	—		25,000		—		25,000
U.S. Government-backed municipal bonds	—		5,348		—		5,348
Available-for-sale short-term investments⁽¹⁾
Certificates of deposit	—		7,596		—		7,596
Variable-rate demand notes	—		22,640		—		22,640
U.S. Government-backed municipal bonds	—		14,425		—		14,425
Other current assets
Derivative financial instruments (Note 10)	—		6,219		—		6,219
Other non-current assets
Derivative financial instruments (Note 10)	—		489		—		489
Mutual fund shares	4,080		—		—		4,080
Total assets measured at fair value	$	99,972	$	84,167	$	—	$	184,139
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 10)	$	—	$	1,322	$	—	$	1,322
Total liabilities measured at fair value	$	—	$	1,322	$	—	$	1,322

Assets and liabilities measured at fair value on a recurring basis at March 31, 2012 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	59,853	$	—	$	—	$	59,853
Time deposits	10,000		5,295		—		15,295
Available-for-sale short-term investments⁽¹⁾
Time deposits	—		2,438		—		2,438
U.S. Government-backed municipal bonds	—		9,590		—		9,590
Other current assets
Derivative financial instruments (Note 10)	—		5,443		—		5,443
Other non-current assets
Derivative financial instruments (Note 10)	—		565		—		565
Mutual fund shares	3,552		—		—		3,552
Total assets measured at fair value	$	73,405	$	23,331	$	—	$	96,736
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 10)	$	—	$	488	$	—	$	488
Total liabilities measured at fair value	$	—	$	488	$	—	$	488


⁽¹⁾	Investments have remaining maturities greater than three months but less than two years and are available for use in current operations.