Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v3.5.0.2
Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2016
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 loss attributable to Columbia Sportswear Company, net of tax, for the three months ended June 30, 2016 (in thousands):
 
Unrealized gains (losses) on available-for-sale securities
 
Unrealized holding losses on derivative transactions
 
Foreign currency translation adjustments
 
Total
Balance at March 31, 2016
$
(4
)
 
$
(2,417
)
 
$
(8,593
)
 
$
(11,014
)
Other comprehensive income (loss) before reclassifications
4

 
(787
)
 
1,157

 
374

Amounts reclassified from other comprehensive income

 
(133
)
 

 
(133
)
Net other comprehensive income (loss) during the period
4

 
(920
)
 
1,157

 
241

Balance at June 30, 2016
$

 
$
(3,337
)
 
$
(7,436
)
 
$
(10,773
)
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 June 30, 2015 (in thousands):
 
Unrealized gains on available-for-sale securities
 
Unrealized holding gains (losses) on derivative transactions
 
Foreign currency translation adjustments
 
Total
Balance at March 31, 2015
$
1

 
$
12,725

 
$
(9,948
)
 
$
2,778

Other comprehensive income (loss) before reclassifications
1

 
(742
)
 
2,648

 
1,907

Amounts reclassified from other comprehensive income

 
(1,268
)
 

 
(1,268
)
Net other comprehensive income (loss) during the period
1

 
(2,010
)
 
2,648

 
639

Balance at June 30, 2015
$
2

 
$
10,715

 
$
(7,300
)
 
$
3,417


The following table sets forth the changes in accumulated other comprehensive loss attributable to Columbia Sportswear Company, net of tax, for the six months ended June 30, 2016 (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, 2015
$
(2
)
 
$
6,087

 
$
(26,921
)
 
$
(20,836
)
Other comprehensive income (loss) before reclassifications
2

 
(7,925
)
 
19,485

 
11,562

Amounts reclassified from other comprehensive income

 
(1,499
)
 

 
(1,499
)
Net other comprehensive income (loss) during the period
2

 
(9,424
)
 
19,485

 
10,063

Balance at June 30, 2016
$

 
$
(3,337
)
 
$
(7,436
)
 
$
(10,773
)
The following table sets forth the changes in accumulated other comprehensive income attributable to Columbia Sportswear Company, net of tax, for the six months ended June 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
(2
)
 
4,840

 
(14,134
)
 
(9,296
)
Amounts reclassified from other comprehensive income

 
(3,120
)
 

 
(3,120
)
Net other comprehensive income (loss) during the period
(2
)
 
1,720

 
(14,134
)
 
(12,416
)
Balance at June 30, 2015
$
2

 
$
10,715

 
$
(7,300
)
 
$
3,417

All reclassification adjustments related to derivative transactions are recorded in cost of sales in the Condensed Consolidated Statements of Operations. See Note 10 for further information regarding derivative instrument reclassification adjustments.