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Please convert the indirect cash flow statement for Columbia Sportswear company into a direct cash flow statement. The Columbia Sportswear consolidated statement of cash flows
Please convert the indirect cash flow statement for Columbia Sportswear company into a direct cash flow statement. The Columbia Sportswear consolidated statement of cash flows is shown below in the two screenshots.
Please fill out answers in this format below:
Direct Statement of cash flows for Year | ||||||
Operating Cash flows | ||||||
Collection From Customers | ||||||
Other Collections of Cash | ||||||
Total Collections of Cash | ||||||
Payment to suppliers | ||||||
Salaries paid | ||||||
Interest Paid | ||||||
Tax Paid | ||||||
Other Cash Payments | ||||||
Total Disbursements of Cash | ||||||
Cash From Operations |
screenshots:
COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) Year Ended December 31, 2017 2016 2015 Cash flows from operating activities: $ 112,315 $ 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 (24,197) 46,662 (19,241) 931 30,568 11,581 58,702 5,798 36,710 (18,777) (5,452) (5,948) 1,483 (40,419) (103,296) 4,411 (2,524) 11,418 (2,017) (10,994) 4,966 4,847 4,768 2,468 341,128 275,167 95,105 | COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands) Year Ended December 31, 2016 2015 2017 112,315 Net income $ $ 198,439 $ 179,851 (2) (6) (18,005) 843 (2,908) Other comprehensive income (loss): Unrealized holding losses on available-for-sale securities (net of tax effects of $0, $0, and ($3), respectively) Unrealized gains (losses) on derivative transactions (net of tax effects of $8,176, ($1,922) and ($849), respectively) Foreign currency translation adjustments (net of tax effects of $4, ($347) and ($760), respectively) Other comprehensive income (loss) Comprehensive income Comprehensive income attributable to non-controlling interest Comprehensive income attributable to Columbia Sportswear Company 34,160 16,155 128,470 9,617 118,853 (4,485) (3,644) 194,795 4,678 190,117 (34,887) (37,801) 142,050 4,382 137,668 $ $ $ COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) Year Ended December 31, 2017 2016 2015 Cash flows from operating activities: $ 112,315 $ 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 (24,197) 46,662 (19,241) 931 30,568 11,581 58,702 5,798 36,710 (18,777) (5,452) (5,948) 1,483 (40,419) (103,296) 4,411 (2,524) 11,418 (2,017) (10,994) 4,966 4,847 4,768 2,468 341,128 275,167 95,105 | COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands) Year Ended December 31, 2016 2015 2017 112,315 Net income $ $ 198,439 $ 179,851 (2) (6) (18,005) 843 (2,908) Other comprehensive income (loss): Unrealized holding losses on available-for-sale securities (net of tax effects of $0, $0, and ($3), respectively) Unrealized gains (losses) on derivative transactions (net of tax effects of $8,176, ($1,922) and ($849), respectively) Foreign currency translation adjustments (net of tax effects of $4, ($347) and ($760), respectively) Other comprehensive income (loss) Comprehensive income Comprehensive income attributable to non-controlling interest Comprehensive income attributable to Columbia Sportswear Company 34,160 16,155 128,470 9,617 118,853 (4,485) (3,644) 194,795 4,678 190,117 (34,887) (37,801) 142,050 4,382 137,668 $ $ $Step by Step Solution
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