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

Fair Value Measures (Tables)

6 Months Ended

Jun. 30, 2021

Assets and liabilities measured at fair value on a recurring basis as of June 30, 2021 are as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	159,897	$	—	$	—	$	159,897




Short-term investments:
Money market funds	162		—		—		162
Mutual fund shares	976		—		—		976
Other current assets:
Derivative financial instruments	—		3,428		—		3,428
Non-current assets:
Money market funds	3,120		—		—		3,120
Mutual fund shares	17,390		—		—		17,390
Derivative financial instruments	—		6,772		—		6,772
Total assets measured at fair value	$	181,545	$	10,200	$	—	$	191,745
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	9,181	$	—	$	9,181
Other long-term liabilities:
Derivative financial instruments	—		2,396		—		2,396
Total liabilities measured at fair value	$	—	$	11,577	$	—	$	11,577

Assets and liabilities measured at fair value on a recurring basis at December 31, 2020 are as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	119,378	$	—	$	—	$	119,378


United States government treasury bills	—		234,982		—		234,982







Short-term investments:
Money market funds	105		—		—		105
Mutual fund shares	1,119		—		—		1,119
Other current assets:
Derivative financial instruments	—		2,597		—		2,597
Non-current assets:
Money market funds	4,059		—		—		4,059
Mutual fund shares	14,657		—		—		14,657
Derivative financial instruments	—		1,126		—		1,126
Total assets measured at fair value	$	139,318	$	238,705	$	—	$	378,023
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	9,841	$	—	$	9,841
Other long-term liabilities:
Derivative financial instruments	—		6,590		—		6,590
Total liabilities measured at fair value	$	—	$	16,431	$	—	$	16,431

Assets and liabilities measured at fair value on a recurring basis at June 30, 2020 are as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	151,823	$	—	$	—	$	151,823










Short-term investments:
Money market funds	51		—		—		51
Mutual fund shares	924		—		—		924
Other current assets:
Derivative financial instruments	—		15,480		—		15,480
Non-current assets:
Money market funds	4,173		—		—		4,173
Mutual fund shares	11,425		—		—		11,425
Derivative financial instruments	—		6,775		—		6,775
Total assets measured at fair value	$	168,396	$	22,255	$	—	$	190,651
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	604	$	—	$	604


Total liabilities measured at fair value	$	—	$	604	$	—	$	604