Columbia Sportswear 2011 Annual Report Download - page 30

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Our current dividend policy is dependent on our earnings, capital requirements, financial condition,
restrictions imposed by our credit agreements, and other factors considered relevant by our Board of Directors.
For various restrictions on our ability to pay dividends, see Item 7, Management’s Discussion and Analysis of
Financial Condition and Results of Operations, and Note 8 of Notes to Consolidated Financial Statements.
Performance Graph
The line graph below compares the cumulative total shareholder return of our common stock with the
cumulative total return of the Standard & Poor’s (“S&P”) 400 Mid-Cap Index and the Russell 3000 Textiles
Apparel Manufacturers for the period beginning December 31, 2006 and ending December 31, 2011. The graph
assumes that $100 was invested on December 31, 2006, and that any dividends were reinvested.
Historical stock price performance should not be relied on as indicative of future stock price performance.
Columbia Sportswear Company
Stock Price Performance
December 31, 2006—December 31, 2011
Columbia Sportswear Co. S&P 400 Mid-Cap Index Russell 3000 Textiles Apparel Mfrs.
12/31/201112/31/2006 12/31/2007 12/31/2008 12/31/2009 12/31/2010
$0
$20
$40
$60
$80
$100
$120
$140
Total Return Analysis
12/31/2006 12/31/2007 12/31/2008 12/31/2009 12/31/2010 12/31/2011
Columbia Sportswear Co. .............. $100.00 $ 79.94 $65.18 $73.37 $118.19 $ 92.61
S&P 400 Mid-Cap Index ............... $100.00 $107.97 $68.84 $94.57 $119.77 $117.68
Russell 3000 Textiles Apparel Mfrs. ...... $100.00 $ 76.73 $45.15 $64.00 $ 84.31 $ 94.38
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