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

Fair Value Measures (Tables)

9 Months Ended

Sep. 30, 2022

Sep. 30, 2021

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2022 are as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:






Short-term investments:
Money market funds	$	79	$	—	$	—	$	79
Mutual fund shares	893		—		—		893
Other current assets:
Derivative financial instruments	—		35,201		—		35,201
Non-current assets:
Money market funds	1,201		—		—		1,201
Mutual fund shares	17,332		—		—		17,332
Derivative financial instruments	—		13,919		—		13,919
Total assets measured at fair value	$	19,505	$	49,120	$	—	$	68,625
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	1,514	$	—	$	1,514
Other long-term liabilities:
Derivative financial instruments	—		436		—		436
Total liabilities measured at fair value	$	—	$	1,950	$	—	$	1,950

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2021 are as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	2,677	$	—	$	—	$	2,677


Available-for-sale short-term investments:(1)
U.S. Government treasury bills	—		130,168		—		130,168
Other short-term investments:
Money market funds	73		—		—		73
Mutual fund shares	904		—		—		904
Other current assets:
Derivative financial instruments	—		9,397		—		9,397
Non-current assets:
Money market funds	2,219		—		—		2,219
Mutual fund shares	19,606		—		—		19,606
Derivative financial instruments	—		10,142		—		10,142
Total assets measured at fair value	$	25,479	$	149,707	$	—	$	175,186
Liabilities:
Accrued liabilities:
Derivative financial instruments	$	—	$	3,572	$	—	$	3,572
Other long-term liabilities:
Derivative financial instruments	—		318		—		318
Total liabilities measured at fair value	$	—	$	3,890	$	—	$	3,890

(1) Available-for-sale short-term investments have remaining maturities of less than one year.