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only need times intrest earned for columbia sportswear Based on the information contained in these financial statements, compute the following 2014 ratios for each company

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Based on the information contained in these financial statements, compute the following 2014 ratios for each company (Round answers to 1 decimal place, e.g. 52.7.) Columbia Sportswear VF Corporation Debt to assets ratio. 244 % (2) Times interest earned 8.6 times 16.6 times Year Ended December 31, 2013 2014 2012 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 22) Other non-operating expense Income before income tax Income tax expenso (Note 10) Net Income Net income (loss) attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable to Columbia Sportswear Company (Note 17) Basic Diluted Weighted average shares outstanding (Note 17): Basic Diluted $ 2.100.590 $ 1.684 996 $ 1.669.563 1,145,639 941 341 953.169 954,951 743,655 716,394 763063 625,656 596,635 6,956 13.795 13.769 198,844 131,794 133,528 1,004 503 379 (1.053) (274) (871) 198 521 131426 133,907 (56 662) (37.823) (34,048) 141.859 93603 99,859 4.686 (738) $ 137.173 $ 94,341 99,859 $ 1.97 $ 1.94 137 $ 1.36 1.48 146 69.807 70.681 68,756 69,434 67.680 68,264 ASSETS Current Assets $ 413.5585 437489 27.267 344,390 384.650 91,755 306,878 329.228 57,001 39.175 1.266,041 291,563 143.731 68.594 22 280 1.792 209 $ 52,061 33081 1.250.472 279.373 36.288 14.438 25.017 1.605.588 $ Cash and cash equivalents Short-term investments Accounts receivable, niet (Noto) Inventories Deferred income taxes (Note 11) Prepaid expenses and other current assets Total current assets Property, plant, and equipment, net (Note 7) Intangible assets, net (Notes 3.8) Goodwill (Notes 3.8) Other non-current assets Total Assets LIABILITIES AND EQUITY Current Liabilities: Accounts payable Accrued liabilities (Note 10) Income taxes payable (Note 11) Deferred income taxes (Note 11) Total current liabilities Note payable to related party (Note 22) Other long-term liabilities (Notes 12.13) Income taxes payablo (Note 11) Deferred income taxes (Note 11) Total liabilities Commitments and contingencies (Note 14) Shareholders' Equity Preferred stock: 10.000 shares authorized: none issued and outstanding Common stock (no par value): 250,000 shares authorized: 69,828 and 69.190 issued and outstanding (Note 15) Retained earnings Accumulated other comprehensive income (Note 18) Total Columbia Sportswear Company sucholders' equity Non-controlling interest (Note 5) 173,557 120,397 7251 49 301.254 214,275 S 144.288 14,38 169 373.120 15,728 35,435 9388 3,304 436,975 29,527 13.984 7.959 352,724 72.700 1.255.070 15,833 1.343,603 11.631 52,125 1.157.733 35.60 1.245418 7446 WILL BE, Common stock (no par value): 250,000 shares authorized: 69,828 and 69.190 issued and outstanding (Note 15) Retained earnings Accumulated other comprehensive income (Note 18) Total Columbia Sportswear Company shareholders' equity Non-controlling interest (Note 5) Total equity Total liabilities and equity 72,700 1.255,070 15.833 1,343,603 11.631 1.355,234 1.792,209 $ 52.325 1.157.733 35360 1.245 418 7,446 1.252.864 1.605,588 $ See accompanying notes to consolidated financial statements COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands) Year Ended December 31 2014 2013 $ 141.859 $ 93.03 $ 2012 99.859 10 7.751 (1,261) Net income Other comprehensive loss Unrealised holding gains (lowes) on available for sale securities (net of tax (expense) benefit of (55),($2), and 54, respectively) Untcalized gains (losses) on derivative transactions (net of tax (expense) benefit of ($1,507), 59 and ($171), respectively Foreign currency translation udjustments (net of tax benefit (expense) of $1023, ($191) and (559), respectively) Other comprehensive loss Comprehensive income Comprehensive income (loss) attributable to non-controlling interest Comprehensive income attributable to Columbia Sportswear Company 4,518 (234) (27.789) (20,028) 121.831 4.185 $ 117,6465 (9.861) (11 119) 82,484 (554) 83,038 99.625 $ 99.625 2013 2013 S 141.859 $ 93,603 $ 99.859 54,017 (6,978) 11,120 (4,927 40,821 9,344 8.818 8,878 (1.532) 40,892 1582 7.140 7833 (1.016) Cash flows from operating activities Net income Adjustments to reconcile net incomo 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 Mock plans Changes in operating assets and liabilities: Accounts receivable Inventories Prepaid expenses and other current assets Other assets Accounts payable Accrued liabilities Income tax payable Other abilities Net cash provided by operating activities Cash Blows from investing activities Acquisition of business, net of cash acquired Purchases of short-term investments Sales of short term investments Capital expenditures Proceeds from sale of property, plast, and equipment Net cash used in investing activities Cashflows from financing activities Proceeds from credit facilities Repayments on credit facilities Proceeds from ince of common stock under employee stick plans Tax payments related to restricted stock unit isances Excess benefit from employee Mock plan Repurchase of common stock Pmceeds from not payable to related party Capital contribution from con controlling interest Cash dividendspuld (31.478) (62,086) (4.869) 4.291 41941 35.051 1.166 6,195 185.783 27.442 34,089 5.166 (4.215) 31.711 12,210 3,514 2,356 274.275 18.166 2,951 (2025) (1.259) (12,330) (5.1999 (11.052) 3.1261 148.668 (188467 (48.243) 112.895 (60283) 71 (18427) (125.390) 78.636 (69.443) 183.969) 42,319 150,491) 7090 (85042) (116016) 52,356 (52.205) 22.277 (3.141) 4.927 (15000) 16,072 09.136 (69,292) 19.537 0.291 1.532 100.654 (100,498) 14.000 (1486) (200) 8.000 (39,800 1 A

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