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

Fair Value Measures (Tables)

9 Months Ended

Sep. 30, 2013

Assets and liabilities measured at fair value on a recurring basis at September 30, 2013 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	153,382	$	—	$	—	$	153,382
Time deposits	25,092		—		—		25,092
Reverse repurchase agreements	—		25,000		—		25,000
U.S. Government-backed municipal bonds	—		3,218		—		3,218
Available-for-sale short-term investments⁽¹⁾
Certificates of deposit	—		1,470		—		1,470
Variable-rate demand notes	—		27,320		—		27,320
Other short-term investments
Mutual fund shares	259		—		—		259
Other current assets
Derivative financial instruments (Note 11)	—		1,929		—		1,929
Other non-current assets
Mutual fund shares	4,560		—		—		4,560
Total assets measured at fair value	$	183,293	$	58,937	$	—	$	242,230
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 11)	$	—	$	599	$	—	$	599
Total liabilities measured at fair value	$	—	$	599	$	—	$	599

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 11)	—		6,219		—		6,219
Other non-current assets
Derivative financial instruments (Note 11)	—		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 11)	$	—	$	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 September 30, 2012 are as follows (in thousands):



	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	13,700	$	—	$	—	$	13,700
Time deposits	10,016		—		—		10,016
Available-for-sale short-term investments⁽¹⁾
Time deposits	—		2,128		—		2,128
Other current assets
Derivative financial instruments (Note 11)	—		2,752		—		2,752
Other non-current assets
Mutual fund shares	3,879		—		—		3,879
Total assets measured at fair value	$	27,595	$	4,880	$	—	$	32,475
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 11)	$	—	$	2,220	$	—	$	2,220
Total liabilities measured at fair value	$	—	$	2,220	$	—	$	2,220


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