Columbia Sportswear 2012 Annual Report Download - page 49

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COLUMBIA SPORTSWEAR COMPANY
See accompanying notes to consolidated financial statements
45
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(In thousands)
Common Stock
Retained
Earnings
Accumulated
Other
Comprehensive
Income Total
Shares
Outstanding Amount
BALANCE, JANUARY 1, 2010 . . . . . . . . . . . . . . . . . . . . . . 33,736 $ 836 $ 952,948 $ 43,444 $ 997,228
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — 77,037 — 77,037
Other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 3,271 3,271
Cash dividends ($2.24 per share) . . . . . . . . . . . . . . . . . . . . . . . . . — — (75,439) — (75,439)
Issuance of common stock under employee stock plans, net . . . . 240 6,480 — — 6,480
Tax adjustment from stock plans. . . . . . . . . . . . . . . . . . . . . . . . . . — 505 — — 505
Stock-based compensation expense . . . . . . . . . . . . . . . . . . . . . . . — 6,730 — — 6,730
Repurchase of common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . (293) (9,499) (4,339) — (13,838)
BALANCE, DECEMBER 31, 2010 . . . . . . . . . . . . . . . . . . . 33,683 5,052 950,207 46,715 1,001,974
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — 103,479 — 103,479
Other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 182 182
Cash dividends ($0.86 per share) . . . . . . . . . . . . . . . . . . . . . . . . . — — (29,075) — (29,075)
Issuance of common stock under employee stock plans, net . . . . 353 8,017 — — 8,017
Tax adjustment from stock plans. . . . . . . . . . . . . . . . . . . . . . . . . . — 2,098 — — 2,098
Stock-based compensation expense . . . . . . . . . . . . . . . . . . . . . . . — 7,870 — — 7,870
Repurchase of common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . (398) (20,000) — — (20,000)
BALANCE, DECEMBER 31, 2011 . . . . . . . . . . . . . . . . . . . 33,638 3,037 1,024,611 46,897 1,074,545
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — 99,859 — 99,859
Other comprehensive loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (234)(234)
Cash dividends ($0.88 per share) . . . . . . . . . . . . . . . . . . . . . . . . . — — (29,780) — (29,780)
Issuance of common stock under employee stock plans, net . . . . 441 13,114 — — 13,114
Tax adjustment from stock plans. . . . . . . . . . . . . . . . . . . . . . . . . . — 1,036 — — 1,036
Stock-based compensation expense . . . . . . . . . . . . . . . . . . . . . . . — 7,833 — — 7,833
Repurchase of common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4)(206)— —(206)
BALANCE, DECEMBER 31, 2012 . . . . . . . . . . . . . . . . . . . 34,075 $ 24,814 $ 1,094,690 $ 46,663 $ 1,166,167