COLUMBIA SPORTSWEAR COMPANY COLM Cash Flow

Columbia sportswear company (COLM)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Increase (Decrease) in Operating Liabilities [Abstract]
Payments to Noncontrolling Interests
0	0	0	3,910	13,970	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from operating activities:
Net income
213	114,025	119,258	23,029	74,177	113,349	102,375	10,495	48,729	-6,356	91,102	-11,316	38,885	85,566	86,552	-7,873	34,194	64,796	92,940	-5,804	27,919	56,989	67,932	-6,738	23,676	36,281	54,550	-7,330	10,102	39,487	64,375	-7,901	3,898	36,728	67,539	-13,558	12,770
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization, and non-cash lease expense
32,994	32,950	31,288	28,489	28,998	14,686	14,477	14,531	14,536	15,285	14,728	14,992	14,940	15,538	14,987	14,809	14,682	14,600	14,143	13,842	13,936	15,392	15,391	12,982	10,252	10,534	10,446	10,033	9,858	10,129	9,719	10,026	11,018	11,445	11,052	10,597	10,466
Provision for Other Losses
19,229	-	-	-	-2,317	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property, plant, and equipment
-2,138	10,308	-3,267	-641	-958	6,187	-1,401	-558	-20	2,897	-529	-281	-160	8,451	-186	-3,301	-159	5,777	-172	-112	-395	831	-121	-44	-185	8,974	71	256	43	1,077	319	102	84	6,256	80	15	134
Deferred income taxes
-3,802	-1,349	-1,181	4,529	-191	641	-62	1,211	-3,252	-40,980	-493	1,048	-4,426	20,105	587	-191	-1,323	14,890	4,507	-369	-7,319	7,060	5,519	-1,202	-4,399	-6,645	1,012	-561	-2,624	-6,166	-197	-206	-571	6,765	778	-418	-3,543
Stock-based compensation
3,675	-	4,378	4,566	4,215	4,044	3,648	3,486	3,113	3,009	2,558	2,778	2,941	2,532	3,001	2,380	3,073	2,941	2,792	2,993	2,946	2,984	2,928	2,631	2,577	2,346	2,250	2,332	1,950	2,126	1,404	2,191	2,112	2,015	2,051	1,991	1,813
Excess tax benefit from employee stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	231	1,300	1,129	5,213	898	78	1,394	2,557	449	158	351	574	412	334	45	225	14	34	409	1,371
Changes in operating assets and liabilities:
Accounts receivable
-150,687	-236,953	369,047	-58,677	-110,954	-151,034	314,330	-73,483	-115,414	-151,200	283,758	-80,136	-76,619	-143,616	294,038	-78,464	-108,668	-154,599	334,748	-54,203	-85,527	-108,100	251,918	-54,577	-57,763	-71,154	197,095	-57,388	-95,995	-86,771	216,600	-49,102	-98,893	-67,615	251,867	-45,911	-84,007
Inventories
-23,510	-283,057	-33,118	232,979	-862	-283,260	47,647	173,030	-32,133	-9,914	-5,233	156,296	-94,487	-84,698	-63,986	235,972	-68,511	-70,148	-28,832	216,956	-14,680	-101,788	49,158	153,747	-39,031	-80,884	-13,654	98,524	-38,075	-110,978	-52,030	158,417	1,640	-67,775	20,571	116,131	-13,704
Prepaid expenses and other current assets
11,922	-27,664	-9,219	28,767	-6,952	-17,739	1,557	4,499	1,912	-16,282	-6,032	934	2,139	5,881	-2,397	5,610	-3,642	-1,649	-10,204	-1,487	8,929	-3,121	633	5,436	1,921	-5,052	-8,560	5,260	3,186	241	-7,503	8,557	730	-9,100	-12,004	10,301	20,989
Other assets
5,873	-7,528	-849	1,436	3,394	-22,203	-2,085	9,527	2,340	2,498	470	-701	-1,336	3,396	-573	699	2,426	-152	-342	2,211	807	-3,988	-6	85	-382	4,545	-214	-1,868	1,752	993	177	-731	820	2,999	595	53	873
Accounts payable
-100,402	54,772	-106,660	122,711	-81,242	33,647	-52,231	125,460	-87,492	61,284	-70,489	162,597	-122,824	84,073	-136,048	157,877	-104,419	52,745	-119,579	140,503	-62,251	-2,834	-15,314	124,848	-64,759	33,232	-41,599	109,917	-69,839	33,330	-91,816	106,966	-60,810	7,718	-13,339	64,760	-40,058
Accrued liabilities
-77,861	12,366	81,857	-20,637	-54,723	28,707	87,974	-4,781	-45,000	9,986	43,118	-22,562	-18,961	-6,152	44,455	20	-33,476	-18,764	46,377	9,303	-38,933	11,094	47,052	2,663	-25,758	556	31,804	-3,680	-16,470	-18,125	33,133	5,894	-26,101	1,811	44,714	-6,310	-22,585
Income taxes payable
-9,429	1,884	2,681	-206	-13,761	3,242	5,635	-6,797	-6,038	43,639	19,196	-2,395	-1,738	-21,277	27,065	-2,473	1,453	-27,793	28,062	-2,588	-8,675	-680	15,442	-12,975	-621	-1,996	6,513	2,786	-1,769	-11,877	10,506	-4,576	-5,105	4,333	-3,948	-1,851	-5,544
Increase (Decrease) In Operating Lease Assets And Liabilities
-16,807	-	-	-	-14,721	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease assets and liabilities
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-1,200	1,421	-203	4,424	1,495	-846	717	-6,195	2,937	1,567	2,250	1,884	97	-37	-398	1,291	1,612	1,599	1,269	1,305	793	2,197	2,265	886	847	1,884	-178	-128	778	828	466	764	1,068	803	-302	536	1,337
Net cash provided by operating activities
12,754	483,611	-200,756	-56,047	58,644	387,635	-197,391	21,973	77,352	353,559	-169,478	68,818	88,229	360,334	-187,869	5,706	96,996	305,970	-235,001	-4,571	28,707	294,312	-171,483	19,458	43,496	250,552	-111,980	69,868	65,835	259,244	-129,275	-3,514	22,213	205,821	-153,994	-24,385	36,354
Cash flows from investing activities:
Purchases of short-term investments
35,044	-45,000	0	45,000	136,257	92,477	168,299	224,801	33,178	80,296	16,884	0	33,813	0	0	482	20,781	0	0	10,652	27,556	26,772	0	18,683	2,788	64,104	0	34,339	26,947	44,695	1	29,682	9,591	550	-17	8,255	37,561
Proceeds from Sale, Maturity and Collection of Short-term Investments
1,631	-45,000	137,000	180,501	128,000	99,400	163,933	51,673	37,121	3,404	0	32,878	0	-	-	-	-	0	45,767	17,453	1,760	0	26,689	31,006	55,200	1,470	60,729	15,807	630	2,166	33,193	6,519	441	0	88,073	17,897	6,100
Capital expenditures
9,452	18,989	53,727	25,601	25,199	20,433	15,571	17,328	12,290	11,561	17,468	13,048	11,275	14,399	12,616	12,924	10,048	22,121	19,431	12,898	15,467	17,440	17,879	7,201	17,763	20,286	17,655	16,732	14,770	18,060	11,031	9,396	12,004	38,233	17,532	13,596	9,043
Proceeds from sale of property, plant, and equipment
-	-	-	-	-	1	-1	0	19	40	37	175	27	45	12	16	24	18	22	35	69	13	42	0	16	62	4	4	41	7,093	6	0	0	0	9	126	33
Net cash used in investing activities
-42,865	-18,989	83,273	109,900	-33,456	-13,509	-19,938	-190,456	-8,328	-88,413	-34,315	20,005	-45,061	-14,354	-196	-4,535	-30,805	-22,103	26,358	-6,062	-41,194	-44,199	8,852	-183,345	34,665	-82,858	43,078	-35,260	-41,046	-53,496	22,167	-32,559	-21,154	-38,783	70,567	-3,828	-40,471
Cash flows from financing activities:
Proceeds from credit facilities
175,719	4,133	50,845	1,266	21,942	34,525	36,051	0	0	0	600	2,374	400	3,608	39,652	16,934	2,691	16,910	36,259	200	60	37,069	14,242	1,045	0	32,240	32,821	3,275	800	25,808	66,542	7,785	519	57,236	45,006	11,633	5,509
Repayments on credit facilities
1,054	4,133	50,845	1,266	21,942	42,836	27,740	0	0	0	600	2,374	400	3,628	41,995	14,571	4,631	36,136	15,083	200	60	39,206	11,954	1,045	0	32,240	32,821	3,275	956	35,858	56,336	7,785	519	57,236	45,006	11,633	5,509
Proceeds from issuance of common stock under employee stock plans
1,096	2,106	6,401	2,707	8,579	1,976	1,537	5,591	9,380	3,890	5,450	2,815	7,791	2,425	1,640	1,685	7,417	541	2,530	3,270	11,101	2,984	276	7,849	11,168	5,338	3,149	5,045	6,005	4,993	5,408	724	3,475	649	578	3,921	5,843
Tax payments related to restricted stock unit issuances
4,207	67	150	157	5,432	64	90	98	4,033	77	46	26	3,513	247	64	50	4,756	262	102	91	4,440	172	88	90	2,791	147	125	128	1,891	225	64	81	1,116	32	91	81	2,770
Excess tax benefit from employee stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	231	1,300	1,129	5,213	898	78	1,394	2,557	449	158	351	574	412	334	45	225	14	34	409	1,371
Payments for Repurchase of Common Stock
132,889	5,463	15,946	81,448	18,845	94,378	67,116	22,007	18,099	0	0	2,542	33,000	0	11	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Noncontrolling Interests
0	-	-	-	13,970	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from related party note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	16,072	0	0	0	0	-	-	-	-	-	-	-	-
Cash dividends paid
17,195	-	16,231	16,268	16,418	16,504	15,304	15,404	15,452	13,292	12,571	12,547	12,499	12,574	11,859	11,848	11,841	11,880	10,554	10,556	10,557	10,467	9,813	9,794	9,762	8,633	7,584	7,560	7,521	7,471	7,460	7,430	7,419	7,398	7,440	7,475	6,762
Net cash used in financing activities
21,470	-19,634	-25,926	-99,076	-46,086	-117,281	-92,611	-31,918	-28,204	-9,479	-7,167	-26,536	-41,221	-10,416	-12,637	-7,850	-11,120	-86,139	14,350	-20,773	1,317	-23,887	-7,266	-641	17,244	-2,993	-4,402	5,708	-2,989	-12,341	8,424	-6,948	-4,835	-10,338	-23,348	-3,226	-2,318
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
-6,260	-	-	-	-450	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net effect of exchange rate changes on cash
-	-	-	-	-	-1,195	-4,571	-6,159	3,230	5,694	2,126	2,346	2,670	-3,364	3,947	-7,377	5,159	-1,368	-3,359	864	-784	2,085	-12,021	3,655	-4,856	-1,372	7,036	-3,542	-8,927	3,210	-397	-4,459	3,467	-3,608	-12,712	3,886	7,160
Net increase (decrease) in cash and cash equivalents
-14,901	446,698	-146,839	-44,297	-21,348	255,650	-314,511	-206,560	44,050	261,361	-208,834	64,633	4,617	332,200	-196,755	-14,056	60,230	196,360	-197,652	-30,542	-11,954	228,311	-181,918	-160,873	90,549	163,329	-66,268	36,774	12,873	196,617	-99,081	-47,480	-309	153,092	-119,487	-27,553	725
Supplemental disclosures of cash flow information:
Cash paid during the period for income taxes
19,953	25,649	6,809	34,958	31,646	30,367	15,695	6,836	24,510	55,763	7,149	5,182	12,951	55,823	2,796	3,424	8,381	60,937	2,325	8,416	15,672	25,918	6,198	13,840	8,002	14,904	4,809	-449	3,507	27,805	2,412	5,869	7,610	14,925	2,206	5,236	20,038
Cash paid during the year for interest on note payable to related party
-	-	-	-	-	-	-	-	-	0	184	248	253	-	260	265	267	-	279	274	281	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of non-cash investing activities:
Capital expenditures incurred but not yet paid
2,503	-2,095	2,114	1,347	8,177	4,451	3,371	9	4,000	-494	-5,509	4,985	4,206	-946	-1,200	2,274	2,582	-4,452	5,106	1,302	2,742	1,400	-2,349	6,885	1,260	3,936	-2,626	82	3,803	-654	3,995	-264	2,236	-243	-607	357	1,445