| Accumulated Other Comprehensive Income |
NOTE 13—ACCUMULATED OTHER COMPREHENSIVE LOSS
Accumulated other comprehensive loss, net of applicable taxes, reported on the Company's Condensed Consolidated Balance Sheets consists of unrealized holding gains and losses on available-for-sale securities, unrealized gains and losses on certain derivative transactions and foreign currency translation adjustments.
The following table sets forth the changes in accumulated other comprehensive loss attributable to Columbia Sportswear Company, net of tax, for the three months ended September 30, 2019:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
Unrealized gains (losses) on available-for-sale securities |
|
Unrealized holding gains (losses) on derivative transactions |
|
Foreign currency translation adjustments |
|
Total |
Balance at June 30, 2019 |
|
$ |
(4 |
) |
|
$ |
11,317 |
|
|
$ |
(12,611 |
) |
|
$ |
(1,298 |
) |
Other comprehensive income (loss) before reclassifications |
|
— |
|
|
6,315 |
|
|
(8,389 |
) |
|
(2,074 |
) |
Amounts reclassified from accumulated other comprehensive loss |
|
— |
|
|
(3,901 |
) |
|
— |
|
|
(3,901 |
) |
Net other comprehensive income (loss) income during the period |
|
— |
|
|
2,414 |
|
|
(8,389 |
) |
|
(5,975 |
) |
Balance at September 30, 2019 |
|
$ |
(4 |
) |
|
$ |
13,731 |
|
|
$ |
(21,000 |
) |
|
$ |
(7,273 |
) |
The following table sets forth the changes in accumulated other comprehensive loss attributable to Columbia Sportswear Company, net of tax, for the three months ended September 30, 2018:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
Unrealized gains (losses) on available-for-sale securities |
|
Unrealized holding gains (losses) on derivative transactions |
|
Foreign currency translation adjustments |
|
Total |
Balance at June 30, 2018 |
|
$ |
— |
|
|
$ |
3,889 |
|
|
$ |
(10,263 |
) |
|
$ |
(6,374 |
) |
Other comprehensive income (loss) before reclassifications |
|
(162 |
) |
|
541 |
|
|
(51 |
) |
|
328 |
|
Amounts reclassified from accumulated other comprehensive loss |
|
— |
|
|
1,811 |
|
|
— |
|
|
1,811 |
|
Net other comprehensive income (loss) during the period |
|
(162 |
) |
|
2,352 |
|
|
(51 |
) |
|
2,139 |
|
Balance at September 30, 2018 |
|
$ |
(162 |
) |
|
$ |
6,241 |
|
|
$ |
(10,314 |
) |
|
$ |
(4,235 |
) |
The following table sets forth the changes in accumulated other comprehensive loss attributable to Columbia Sportswear Company, net of tax, for the nine months ended September 30, 2019:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
Unrealized gains (losses) on available-for-sale securities |
|
Unrealized holding gains (losses) on derivative transactions |
|
Foreign currency translation adjustments |
|
Total |
Balance at December 31, 2018 |
|
$ |
(60 |
) |
|
$ |
11,964 |
|
|
$ |
(15,967 |
) |
|
$ |
(4,063 |
) |
Other comprehensive income (loss) before reclassifications |
|
56 |
|
|
9,119 |
|
|
(5,033 |
) |
|
4,142 |
|
Amounts reclassified from accumulated other comprehensive loss |
|
— |
|
|
(7,253 |
) |
|
— |
|
|
(7,253 |
) |
Net other comprehensive income (loss) during the period |
|
56 |
|
|
1,866 |
|
|
(5,033 |
) |
|
(3,111 |
) |
Purchase of non-controlling interest |
|
— |
|
|
(99 |
) |
|
— |
|
|
(99 |
) |
Balance at September 30, 2019 |
|
$ |
(4 |
) |
|
$ |
13,731 |
|
|
$ |
(21,000 |
) |
|
$ |
(7,273 |
) |
The following table sets forth the changes in accumulated other comprehensive loss attributable to Columbia Sportswear Company, net of tax, for the nine months ended September 30, 2018:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains (losses) on available-for-sale securities |
|
Unrealized holding gains (losses) on derivative transactions |
|
Foreign currency translation adjustments |
|
Total |
Balance at December 31, 2017 |
|
$ |
(4 |
) |
|
$ |
(10,716 |
) |
|
$ |
1,833 |
|
|
$ |
(8,887 |
) |
Other comprehensive income (loss) before reclassifications |
|
(158 |
) |
|
16,088 |
|
|
(12,147 |
) |
|
3,783 |
|
Amounts reclassified from accumulated other comprehensive loss |
|
— |
|
|
1,384 |
|
|
— |
|
|
1,384 |
|
Net other comprehensive income (loss) during the period |
|
(158 |
) |
|
17,472 |
|
|
(12,147 |
) |
|
5,167 |
|
Adoption of ASU 2017-12 |
|
— |
|
|
(515 |
) |
|
— |
|
|
(515 |
) |
Balance at September 30, 2018 |
|
$ |
(162 |
) |
|
$ |
6,241 |
|
|
$ |
(10,314 |
) |
|
$ |
(4,235 |
) |
|