COLUMBIA SPORTSWEAR COMPANY COLM Cash Flow

Columbia sportswear company (COLM)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Increase (Decrease) in Operating Liabilities [Abstract]
Payments to Noncontrolling Interests
17,880	0	0	-	-	-	-	-	-	-	-
Cash flows from operating activities:
Net income
330,489	274,948	112,315	198,439	179,851	141,859	93,603	99,859	103,479	77,037	67,021
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization, and non-cash lease expense
121,725	58,230	59,945	60,016	56,521	54,017	40,871	40,892	43,560	38,430	36,253
Loss on disposal of property, plant, and equipment
5,442	4,208	1,927	4,805	5,098	481	9,344	1,582	6,485	3,331	1,828
Deferred income taxes
1,808	-1,462	-44,851	19,178	11,709	6,978	-8,818	-7,140	3,582	22,610	-55
Stock-based compensation
-	14,291	11,286	10,986	11,672	11,120	8,878	7,833	7,870	6,730	6,353
Excess tax benefit from employee stock plans
-	-	-	-	7,873	4,927	1,532	1,016	1,828	498	41
Changes in operating assets and liabilities:
Accounts receivable
-37,537	-25,601	-24,197	-36,710	40,419	31,478	-27,442	-18,166	54,334	69,500	-77,490
Inventories
-84,058	-94,716	46,662	18,777	103,296	62,086	-34,089	-2,951	55,223	87,265	-38,831
Prepaid expenses and other current assets
-15,068	-9,771	-19,241	5,452	-4,411	4,869	-5,166	2,025	10,186	-3,856	1,695
Other assets
-3,547	-12,421	931	5,948	2,524	-4,291	4,215	1,259	4,520	1,566	5,179
Accounts payable
-10,419	19,384	30,568	1,483	11,418	41,941	31,711	-12,330	19,081	26,028	-16,944
Accrued liabilities
18,863	66,900	11,581	4,847	-2,017	35,051	12,210	-5,199	17,630	34,224	7,563
Income taxes payable
-9,402	-3,958	58,702	4,768	-10,994	1,166	5,534	-11,052	-7,010	9,018	-1,558
Operating lease assets and liabilities
-54,197	-	-	-	-	-	-	-	-	-	-
Other liabilities
7,137	-3,387	5,798	2,468	4,966	6,195	2,356	3,126	2,374	6,302	4,395
Net cash provided by operating activities
285,452	289,569	341,128	275,167	95,105	185,783	274,275	148,668	63,796	23,517	214,372
Cash flows from investing activities:
Acquisition of business, net of cash acquired
-	-	-	-	-	188,467	0	0	-	16,315	-
Purchases of short-term investments
136,257	518,755	130,993	21,263	38,208	48,243	125,390	83,969	46,349	81,671	25,305
Proceeds from Sale, Maturity and Collection of Short-term Investments
400,501	352,127	36,282	21,263	64,980	112,895	78,636	42,319	112,070	35,601	25,163
Capital expenditures
123,516	65,622	53,352	49,987	69,917	60,283	69,443	50,491	78,404	28,838	33,074
Proceeds from sale of property, plant, and equipment
0	19	279	97	144	71	111	7,099	168	42	31
Net cash used in investing activities
140,728	-232,231	-147,784	-49,890	-43,001	-184,027	-116,086	-85,042	-12,515	-91,181	-33,185
Cash flows from financing activities:
Proceeds from credit facilities
78,186	70,576	3,374	62,885	53,429	52,356	69,136	100,654	119,384	31,680	57,588
Repayments on credit facilities
78,186	70,576	3,374	64,825	51,479	52,205	69,292	100,498	119,384	31,680	57,588
Repayment on other long-term liabilities
-	-	-	-	-	-	-	-	-	-	4
Proceeds from issuance of common stock under employee stock plans
19,793	18,484	19,946	13,167	17,442	22,277	19,537	14,600	10,991	7,333	710
Tax payments related to restricted stock unit issuances
5,806	4,285	3,662	5,117	4,895	3,141	2,291	1,486	2,974	853	624
Excess tax benefit from employee stock plans
-	-	-	-	7,873	4,927	1,532	1,016	1,828	498	41
Payments for Repurchase of Common Stock
121,702	201,600	35,542	11	70,068	15,000	0	206	20,000	13,838	7,399
Proceeds from related party note payable
-	-	-	-	-	16,072	0	0	-	-	-
Capital contribution from non-controlling interest
-	-	-	-	-	-	8,000	0	0	-	-
Cash dividends paid
-	62,664	50,909	48,122	43,547	39,836	31,298	29,780	29,075	75,439	22,331
Payments of Ordinary Dividends, Noncontrolling Interest
-	19,949	0	0	-	-	-	-	-	-	-
Repayments of Related Party Debt
0	0	14,236	0	0	-	-	-	-	-	-
Net cash used in financing activities
-190,722	-270,014	-84,403	-42,023	-91,245	-14,550	-4,676	-15,700	-39,230	-82,299	-29,607
Net effect of exchange rate changes on cash
-1,244	-8,695	12,836	-1,635	-4,647	-11,137	-6,805	1,821	-5,274	-2,444	4,467
Net increase (decrease) in cash and cash equivalents
234,214	-221,371	121,777	181,619	-43,788	-23,931	146,708	49,747	6,777	-152,407	156,047
Supplemental disclosures of cash flow information:
Cash paid during the period for income taxes
99,062	77,408	81,045	70,424	87,350	53,958	22,771	43,696	42,405	34,924	31,284
Interest Paid, Including Capitalized Interest, Operating and Investing Activities
-	-	-	1,049	1,115	838	0	-	-	-	35
Cash paid during the year for interest on note payable to related party
0	0	685	-	-	-	-	-	-	-	-
Supplemental disclosures of non-cash investing activities:
Capital expenditures incurred but not yet paid
9,543	11,831	3,188	2,710	4,698	7,196	5,195	5,313	952	1,001	7,852