Columbia Sportswear 2012 Annual Report Download - page 72

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COLUMBIA SPORTSWEAR COMPANY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
68
Level 1 Level 2 Level 3 Total
Assets:
Cash equivalents
Money market funds . . . . . . . . . . . . . . . . . . . . . . . . . $ 55,542 $ — $ — $ 55,542
Time deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000 — — 10,000
Available-for-sale short-term investments
Time deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,878 — — 2,878
Other current assets
Derivative financial instruments (Note 19). . . . . . . . — 7,236 — 7,236
Non-current assets
Derivative financial instruments (Note 19). . . . . . . . — 1,117 — 1,117
Mutual fund shares . . . . . . . . . . . . . . . . . . . . . . . . . . 2,521 — — 2,521
Total assets measured at fair value . . . . . . . . . $ 70,941 $ 8,353 $ — $ 79,294
Liabilities:
Accrued liabilities
Derivative financial instruments (Note 19). . . . . . . . $ — $ 3,786 $ — $ 3,786
Other long-term liabilities
Derivative financial instruments (Note 19). . . . . . . . — 91 — 91
Total liabilities measured at fair value. . . . . . . $ — $ 3,877 $ — $ 3,877
Level 1 instrument valuations are obtained from real-time quotes for transactions in active exchange markets involving
identical assets. Level 2 instrument valuations are obtained from inputs, other than quoted market prices in active markets,
that are directly or indirectly observable in the marketplace and quoted prices in markets with limited volume or infrequent
transactions.
There were no material assets and liabilities measured at fair value on a nonrecurring basis at December 31, 2012 or
2011.