Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.3.0.814
Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Accumulated other comprehensive income (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 income (loss) attributable to Columbia Sportswear Company, net of tax, for the three months ended September 30, 2015 (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, 2015
$
2

 
$
10,715

 
$
(7,300
)
 
$
3,417

Other comprehensive income (loss) before reclassifications
(4
)
 
789

 
(11,608
)
 
(10,823
)
Amounts reclassified from other comprehensive income

 
(7,456
)
 

 
(7,456
)
Net other comprehensive loss during the period
(4
)
 
(6,667
)
 
(11,608
)
 
(18,279
)
Balance at September 30, 2015
$
(2
)
 
$
4,048

 
$
(18,908
)
 
$
(14,862
)
The following table sets forth the changes in accumulated other comprehensive income attributable to Columbia Sportswear Company, net of tax, for the three months ended September 30, 2014 (in thousands):
 
Unrealized losses on available-for-sale securities
 
Unrealized holding gains (losses) on derivative transactions
 
Foreign currency translation adjustments
 
Total
Balance at June 30, 2014
$
(2
)
 
$
435

 
$
37,642

 
$
38,075

Other comprehensive income (loss) before reclassifications

 
5,404

 
(16,077
)
 
(10,673
)
Amounts reclassified from other comprehensive income

 
(306
)
 

 
(306
)
Net other comprehensive income (loss) during the period

 
5,098

 
(16,077
)
 
(10,979
)
Balance at September 30, 2014
$
(2
)
 
$
5,533

 
$
21,565

 
$
27,096


The following table sets forth the changes in accumulated other comprehensive income (loss) attributable to Columbia Sportswear Company, net of tax, for the nine months ended September 30, 2015 (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, 2014
$
4

 
$
8,995

 
$
6,834

 
$
15,833

Other comprehensive income (loss) before reclassifications
(6
)
 
5,629

 
(25,742
)
 
(20,119
)
Amounts reclassified from other comprehensive income

 
(10,576
)
 

 
(10,576
)
Net other comprehensive loss during the period
(6
)
 
(4,947
)
 
(25,742
)
 
(30,695
)
Balance at September 30, 2015
$
(2
)
 
$
4,048

 
$
(18,908
)
 
$
(14,862
)
The following table sets forth the changes in accumulated other comprehensive income attributable to Columbia Sportswear Company, net of tax, for the nine months ended September 30, 2014 (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, 2013
$
(6
)
 
$
1,244

 
$
34,122

 
$
35,360

Other comprehensive income (loss) before reclassifications
4

 
5,474

 
(12,557
)
 
(7,079
)
Amounts reclassified from other comprehensive income

 
(1,185
)
 

 
(1,185
)
Net other comprehensive income (loss) during the period
4

 
4,289

 
(12,557
)
 
(8,264
)
Balance at September 30, 2014
$
(2
)
 
$
5,533

 
$
21,565

 
$
27,096

All reclassification adjustments related to derivative transactions are recorded in cost of sales in the Condensed Consolidated Statements of Operations. See Note 11 for further information regarding derivative instrument reclassification adjustments.