EYK10-1.

a. How much were Columbias current liabilities as of December 31, 2017?

b. What two items made up the largest percentage of Columbias December 31, 2017, current liabilities?

c. What was the largest component of Columbias December 31, 2017, accrued liabilities?

d. What was the largest component of Columbias December 31, 2017, other long-term liabilities?

CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) Year Ended December 31, 2016 2015 Cash news from operating activities: 112,315 S 198.439 $ 179,851 59.945 1,927 44.851 11,286 60,016 4,805 (19,178) 10.986 56,521 5,098 (11.709) 11,672 (7.873) Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization Loss on disposal or impairment of property, plant, and equipment Deferred income taxes Stock-based compensation Excess tax benefit from employee stock plans Changes in operating assets and liabilities: Accounts receivable Inventories Prepaid expenses and other current assets Other assets Accounts payable Accrued liabilities Income taxes payable Other liabilities Net cash provided by operating activities Cash flows from investing activities: (24,197) 46,662 (19,241) 931 30,568 11,581 58,702 5,798 341,128 36.710 (18,777) (5,452) (5,948) 1,483 4,847 4,768 2,468 275,167 (40,419) (103,296) 4,411 (2,524) 11,418 (2.017) (10,994) 4,966 95.105 Purchases of short-term investments Sales of short-term investments Capital expenditures Proceeds from sale of property, plant, and equipment Net cash used in investing activities Cash flows from financing activities: (130,993) 36,282 (53.352) 279 (147,784) (21,263) 21,263 (49,987) 97 (49,890) (38,208) 64,980 (69.917) 144 (43,001) 3,374 (3,374) 19.946 (3,662) 62.885 (64,825) 13,167 (5,117) 53.429 (51,479) 17,442 (4,895) 7,873 (70,068) (43,547) (48,122) Proceeds from credit facilities Repayments on credit facilities Proceeds from issuance of common stock under employee stock plans Tax payments related to restricted stock unit issuances Excess tax benefit from employee stock plans Repurchase of common stock Cash dividends paid Payment of related party note payable Net cash used in financing activities Net effect of exchange rate changes on cash Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year Supplemental disclosures of cash flow information: Cash paid during the year for income taxes Cash paid during the year for interest on note payable to related party Supplemental disclosures of non-cash investing activities: Capital expenditures incurred but not yet paid (35,542) (50,909) (14,236) (84,403) 12,836 121,777 551,389 673,166 (42,023) (1,635) 181,619 369,770 551,389 (91.245) (4,647) (43,788) 413,558 369,770 $ S S $ 81,045 685 70,424 1,049 87,350 1,115 3,188 2,710 4,698 CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) Year Ended December 31 2017 2016 2,466,105 $ 2,377,045 $ 1,306,143 143 1,266,697 1,159,962 1,110,348 910,894 864,084 13,901 10,244 262,969 256,508 4,515 2,003 (429 (1,041) (321) 266,734 256,898 (154,419) (58.459) 112,315 198,439 7,192 6,541 105,123 $ 191,898 $ Net sales Cost of sales Gross profit Selling, general and administrative expenses Net licensing income Income from operations Interest income, net Interest expense on note payable to related party (Note 21) Other non-operating expense Income before income tax Income tax expense (Note 10) Net income Net income attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable to Columbia Sportswear Company (Note 16): Basic Diluted Weighted average shares outstanding (Note 16): Basic Diluted 2015 2326 1.252.680 1,073,500 831,971 8.192 249,721 1,531 (1,099) (2,834) 247,319 (67,468) 179,851 5,514 174,337 (572) $ $ s 1.51 1.49 2.75 2.72 2.48 2.45 69,759 70,453 69,683 70,632 70,162 71,064 CONSOLIDATED BALANCE SHEETS (In thousands) December 31. 2017 2016 ASSETS S Current Assets: Cash and cash equivalents (Note 20) Short-term investments (Note 20) Accounts receivable, net (Note 5) Inventories Prepaid expenses and other current assets Total current assets Property, plant, and equipment, net (Note 5) Intangible assets, net (Note 7) Goodwill (Note 7) Deferred income taxes (Note 10) Other non-current assets 673,166 94,983 364,862 457,927 58,559 1,649,497 281,394 129.555 58.594 56,804 27,058 2,212,902 551,389 472 333,678 487,997 38,487 1,412,023 279,650 133,438 68,594 92,494 27,695 2,013,894 Total assets $ $ $ 252,301 182.228 19,107 453,636 LIABILITIES AND EQUITY Current Liabilities: Accounts payable Accrued liabilities (Note 9) Income taxes payable (Note 10) Total current liabilities Note payable to related party (Note 21) Other long-term liabilities (Notes 11. 121 Income taxes payable (Note 10) Deferred income taxes (Note 10) Total liabilities Commitments and contingencies (Note 13) Shareholders' Equity Preferred stock; 10,000 shares authorized: none issued and outstanding Common stock (no par value): 125,000 shares authorized: 69.995 and 69.873 issued and outstanding (Note 14) Retained earnings Accumulated other comprehensive loss (Note 17) Total Columbia Sportswear Company shareholders' equity Non-controlling interest (Note 4) Total equity Total liabilities and equity 215.048 142,158 5,645 362,851 14,053 42,622 12,710 147 432.383 48,735 58,104 168 560,643 45.829 1,585,009 (8,887) 1,621,951 30,308 1,652,259 2.212,902 53,801 1,529,636 (22,617) 1.560,820 20.691 1,581,511 2,013,894 $ CONSOLIDATED STATEMENTS OF EQUITY (In thousands) Columbia Sportswear Company Shareholders' Equity Common Stock Shares Outstanding Amount Accumulated Other Comprehensive Income Non-Controlling (Loss) Interest 15,833 5 11,631 5.514 BALANCE, JANUARY 1, 2015 69.828 72,700 Retained Earnings 1,255,070 174,337 $ 5 Total 1,355,234 179.851 1 (6) (6) (2,908) (33,755) 1 (2.908) (1.132) 1 Net income Other comprehensive loss: Unrealized holding losses on available-for-sale securities, net Unrealized holding losses on derivative transactions, net Foreign currency translation adjustment, net Cash dividends ($0.62 per share) Issuance of common stock under employee stock plans, net Tax adjustment from stock plans Stock-based compensation expense Repurchase of common stock BALANCE, DECEMBER 31, 2015 (43,547) 1 12,547 7,925 11,672 (70,068) 34,776 (34,887) (43,347) 12,547 7925 11,672 (70,068) 1,415,813 198,439 (1,386) 69,277 (20,836) 1,385,860 191,898 16,013 6,541 (2) 686 (2,465) 843 157 (2,020) Net income Other comprehensive income (loss): Unrealized holding losses on available-for-sale securities, net Unrealized holding gains on derivative transactions, net Foreign currency translation adjustment, net Cash dividends (S0.69 per share) Issuance of common stock under employee stock plans, net Stock-based compensation expense Repurchase of common stock BALANCE, DECEMBER 31, 2016 (48,122) (48,122) 8,050 8,050 10,986 10,986 (11) 53,801 69,873 1,529,636 (22,617) 20.691 7.192 1,581,511 112.315 105,123 1.159 (17,489) 31,219 (516 2,941 (16.845) 34,160 Net income Other comprehensive income (loss): Unrealized holding losses on derivative transactions, net Foreign currency translation adjustment, net Cash dividends ($0.73 per share) Issuance of common stock under employee stock plans, net Stock-based compensation expense Repurchase of common stock BALANCE, DECEMBER 31, 2017 (50,909) (50,909 16,284 787 16,284 11,286 (35,542) 45,829 (665) 69,995 1,652250 $ S 1,585,009 (8,887) $ 30,308