Purpose: To help familiarize you with the financial reporting of a real company in order to fur ther your understanding of the chapter material you are learning.
This case continues our examination of Columbia Sportswear. We will now study the stock holders' equity of Columbia Sportswear, which you will see titled as Shareholders' Equity. Refer to the Columbia Sportswear financial statements in Appendix A . Look for the consolidated balance sheets as well as the consolidated statements of shareholders' equity.

Requirements
1. What was the balance of total stockholders' equity at December 31, 2010? What was the balance of total stockholders' equity at December 31, 2009? Did the amount of ending total stockholders' equity increase or decrease? What seems to be the main reason for the change in total stockholders' equity? What is the larg est component of total stockholders' equity?
2. Does Columbia Sportswear have any preferred stock authorized? Can you deter mine the par value of the preferred stock? How many shares of preferred stock are issued and outstanding?
3. What is the par value of the common stock? Does Columbia Sportswear have any additional paid-in capital? Why or why not? How many shares of common stock are authorized? How many shares are issued and outstanding at the end of 2010? How many shares are issued and outstanding at the beginning of the year?
4. Look at the consolidated statements of shareholders' equity. Did Columbia Sportswear declare any dividends in 2010? If so, how much were the total divi dends and what is the dividend per share? Has the amount of dividends per share increased or decreased from 2009 to 2010? Can you determine whether Columbia Sportswear has been repurchasing shares of its common stock? If so, has the amount of share repurchases been increasing or decreasing? What is the effect on total stockholders' equity?