| Schedule of Equity |
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the three months ended March 31, 2018 (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Columbia Sportswear Company |
|
Non-Controlling Interest |
|
Total |
Balance at December 31, 2017 |
|
$ |
1,621,951 |
|
|
$ |
30,308 |
|
|
$ |
1,652,259 |
|
Net income |
|
45,107 |
|
|
3,622 |
|
|
48,729 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Unrealized holding gains on available-for-sale securities |
|
4 |
|
|
— |
|
|
4 |
|
Derivative holding losses |
|
(4,570 |
) |
|
(337 |
) |
|
(4,907 |
) |
Foreign currency translation adjustments |
|
5,019 |
|
|
1,240 |
|
|
6,259 |
|
Cash dividends ($0.22 per share) |
|
(15,452 |
) |
|
— |
|
|
(15,452 |
) |
Issuance of common stock under employee stock plans, net |
|
5,347 |
|
|
— |
|
|
5,347 |
|
Adoption of new accounting pronouncements (Note 2) |
|
14,100 |
|
|
— |
|
|
14,100 |
|
Stock-based compensation expense |
|
3,113 |
|
|
— |
|
|
3,113 |
|
Repurchase of common stock |
|
(18,099 |
) |
|
— |
|
|
(18,099 |
) |
Balance at March 31, 2018 |
|
$ |
1,656,520 |
|
|
$ |
34,833 |
|
|
$ |
1,691,353 |
|
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the three months ended March 31, 2017 (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Columbia Sportswear Company |
|
Non-Controlling Interest |
|
Total |
Balance at December 31, 2016 |
|
$ |
1,560,820 |
|
|
$ |
20,691 |
|
|
$ |
1,581,511 |
|
Net income |
|
36,006 |
|
|
2,879 |
|
|
38,885 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Unrealized holding gains on available-for-sale securities |
|
4 |
|
|
— |
|
|
4 |
|
Derivative holding losses |
|
(1,527 |
) |
|
(78 |
) |
|
(1,605 |
) |
Foreign currency translation adjustments |
|
11,248 |
|
|
254 |
|
|
11,502 |
|
Cash dividends ($0.18 per share) |
|
(12,499 |
) |
|
— |
|
|
(12,499 |
) |
Issuance of common stock under employee stock plans, net |
|
4,278 |
|
|
— |
|
|
4,278 |
|
Stock-based compensation expense |
|
2,941 |
|
|
— |
|
|
2,941 |
|
Repurchase of common stock |
|
(33,000 |
) |
|
— |
|
|
(33,000 |
) |
Balance at March 31, 2017 |
|
$ |
1,568,271 |
|
|
$ |
23,746 |
|
|
$ |
1,592,017 |
|
|