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

Fair Value Measures (Tables)

9 Months Ended

Sep. 30, 2017

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	236,909	$	—	$	—	$	236,909
Time deposits	52,719		—		—		52,719
U.S. Government-backed municipal bonds	—		3,072		—		3,072
Available-for-sale short-term investments⁽¹⁾:
U.S. Government-backed municipal bonds	—		16,828		—		16,828
Other short-term investments:
Mutual fund shares	1,641		—		—		1,641
Other current assets:
Derivative financial instruments (Note 10)	—		2,889		—		2,889
Other non-current assets:
Derivative financial instruments (Note 10)	—		509		—		509
Mutual fund shares	8,772		—		—		8,772
Total assets measured at fair value	$	300,041	$	23,298	$	—	$	323,339
Liabilities:
Accrued liabilities:
Derivative financial instruments (Note 10)	$	—	$	10,559	$	—	$	10,559
Other long-term liabilities:
Derivative financial instruments (Note 10)	—		3,048		—		3,048
Total liabilities measured at fair value	$	—	$	13,607	$	—	$	13,607

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2016 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	299,769	$	—	$	—	$	299,769
Time deposits	73,127		—		—		73,127
Other short-term investments:
Mutual fund shares	472		—		—		472
Other current assets:
Derivative financial instruments (Note 10)	—		11,166		—		11,166
Other non-current assets:
Derivative financial instruments (Note 10)	—		1,969		—		1,969
Mutual fund shares	8,411		—		—		8,411
Total assets measured at fair value	$	381,779	$	13,135	$	—	$	394,914
Liabilities:
Accrued liabilities:
Derivative financial instruments (Note 10)	$	—	$	286	$	—	$	286
Total liabilities measured at fair value	$	—	$	286	$	—	$	286

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 funds 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