Columbia Sportswear 2012 Annual Report Download - page 47

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COLUMBIA SPORTSWEAR COMPANY
See accompanying notes to consolidated financial statements
43
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(In thousands)
Year Ended December 31,
2012 2011 2010
Net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 99,859 $ 103,479 $ 77,037
Other comprehensive income (loss): . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unrealized holding losses on available-for-sale securities (net of tax benefit
of $4, $23 and $16, respectively) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (7)(38)(28)
Unrealized derivative holding gains arising during period (net of tax
(expense) benefit of ($917), ($351) and $725, respectively) . . . . . . . . . . . . . 753 3,489 1,167
Reclassification to net income of previously deferred (gains) losses on
derivative instruments (net of tax expense (benefit) of $746, ($1,507) and
($269), respectively) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (5,498) 5,432 (1,680)
Foreign currency translation adjustments (net of tax (expense) benefit of
($59), ($315) and $670, respectively). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,518 (8,701) 3,812
Other comprehensive income (loss). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (234) 182 3,271
Comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 99,625 $ 103,661 $ 80,308