View Policies Current Attempt in Progress Columbia Sportswear Company's financial statements are presented in Appendix B. Click here to view Appendix B. Financial statements of VF Corporation are presented in Appendix C. Click here to view Appendix C. Based the information in these financial statements, determine the following for each company. (Enter amounts in thousands) Columbia Sportswear Company VF Corporation $ $ $ $ 5 Total liabilities at December 31, 2016. Net property, plant and equipment at December 31, 2016. Netcash provided (used) by investing activities for 2016. Net income for 2016 $ 5 $ $ 1074106 $ 1074106 ying notes to ou inca SCC COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF EQUITY (In thousands) Club Sportor Company Standard Cock Other Shares Roland Crude Controlling Outstanding Total 69,190 552.325 S1.157.7335 35.360 S 7.446 S 1.252.864 137.173 4.686 141,859 10 10 1 27.28 500 7.751 (27.789) 39.886) 19.135 S119 11.10 TIS. 19.136 5.119 11.120 (1:5.000) 1.355,234 179.851 20 La 72.00 1.255.0 174232 11.631 S.514 BALANCE, JANUARY 1, 2014. Net Income Other comprehensive income oss Unrealized holding gains on available for sale securities, et Unrealized holding gains on derivative transactions, el Foreign currency translation adjustment, Cash dividends S057 per share) Issuance of common stock under employee stock plans, Tax adjustice from stock plans Stock-based compensation expense Repurchase of commia stock BALANCE, DECEMBER 31, 2014 Net income Other comprehensive loss Unrealized holding losses on available for sal securities.net Uncalized holding losses et dernie transactions et Foreign currency translation adjustments Cash dividends (0.62 per shares Issuance of common stock under employee stock planct Tax adjustment from stock plus Stock-hued compensation expense Repurchase of common stack. BALANCE, DECEMBER 31, 2015 Net income Other comprenne income dos Uncalized holding of Sale securities, et Unrealized holding is one (2.9081 (34.8871 33.2553 7.925 12 7.925 11,672 1.415.813 41 157 42.122 Foreign currency translation, Cash dividends (S. per share Issuance of common secunder cmployees plans, et Stock used compensare Repencase of mind BALANCE. DECEMBER 31, 2016 See companying not be considedal stenen Soe nying notes to consolideed l emer COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) Year Ended December 31, 2016 2015 Cash flows from operating activities: Net income S 198,439 $ 179,851 5 141.859 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 60,016 56,521 54,017 Loss on disposal or impairment of property, plant, and equipment.... 4,805 5,098 481 Deferred income taxes (19.178) (11.709) (6,978) Stock-based compensation 10,986 11,672 11,120 Excess tax benefit from employee stock plans. (7.873) (4.927) Changes in operating assets and liabilities: Accounts receivable 36,710 (40,419) (31,478) Inventories (18.777) (103.296) (62,086) Prepaid expenses and other current assets (5.452) 4,411 (4.869) Other assets. (5.948) (2.524) 4.291 Accounts payable 1.483 11.418 41.941 Accrued liabilities. 4.847 (2.017) 35,051 Income taxes payable 4.768 (10.994) 1.166 Other liabilities. 2.468 4,966 6,195 Net cash provided by operating activities 275,167 95.105 185.783 Cash flows from investing activities: Acquisition of business, not of cash acquired (188,467) Purchases of short-term investments (21.263) (38.208) (48.243) Sales of short-term investments 21.263 64.980 112.895 Capital expenditures. (49.987) 169.917) (60.283) Proceeds from sale of property, plant, and equipment. 97 144 71 Net cash used in investing activities (49.890) (43.001) (184,027) Cash flows from financing activities: Proceeds from credit facilities 62.885 53,429 52,356 Repayments on credit facilities (64.825) (51.479) (52 2053 Proceeds from issuance of common stock under employee stock plans 13.167 17.442 22.277 Tax payments related to restricted stock unit issuances 15.117) (4.895) Excess tax benefit from employee stock plans 7.873 4.927 Repurchase of common stock (11) 70,00 (15.000) Cash dividends puid (48,122) (43,5473 (39.836) Proceeds from note payable to related party 16,072 Nel cash used in financing activities 142.023) 191.2457 (14.550) Net effect of exchange rate changes on cash (1.6.15) (4,647) (11,137) Net increase (decrease in cash and cash equivalents 181.619 (43.788) (23.931 Cash and cash equivalents, beginning of year 369.770 41LSS 437,489 Cash and cash equivalents, end of year. 551 399 $ 369,770 S 413.558 Supplemental disclosures of cash flow information: Cash paid during the year for income taxes 70.424 X7,150 $ 51.958 Clash paid during the year for interest on note payable to related party 1.115 &3 Supplemental disclosures of non-cash investing actities 2.710 4.698 Capital expenditures incurred but not yet paid 7.196 S S 5 See accompanying notes to consolidated financial statements COLOMBEA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME din 5 TSRS SINIST 3 14:59 620 16 10 843 7.751 Net income Orchemie Urhepala desalon we fleweries effs of 15 and 1. pret Un paineen derivenactices eflects 1.927.4 and 1.507.petely Foreign of fear of 15347. respectively erial Chemi me Comprehensive in Complemene able to Columbia Sperwear Camp OUT) OT 14 2. 003 12101 1995 4161 Se compte de francia com COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED BALANCE SHEETS ASSETS Can Cash and chive 5551.35 9.720 A www. 1167 487997 ENT 395 473 1.349,389 Pedesandaler Tales Property, ple and equipe (7) Goedwill Defined in Nee 10 11.354 6.90 Tocal LAMLITIES AND EQUITY 1. Shop AN 1. Other logo RO 1 Deferred I Shar Pred 1.51 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS In thousands Sportswe port. The complete annual report, including notes to the financial statements, is available at the com COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) 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 expense (Note 10) Net income Net income attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable 1 Columbia Sportswear Company (Note 16): Basic. Diluted Weighted average shares outstanding (Note 16x Basie Diluted Year Ended December 31, 2016 2015 2014 $ 2,377.045 S 2.326,180 $ 2.100,590 1,266,697 1,252,680 1.145.639 1.110.348 1,073,500 954.951 864,084 831,971 763.063 10.244 8.192 6,956 256,508 249,721 198.844 2.003 1,531 1,004 (1.041) (1,099) 41,053) (572) (2.834) (274) 256,898 247.319 198.521 (58.459) (67,468) (56,662) 198,439 129,8SE 141.859 6.501 3.514 4.686 191.898 S 174,337 S 137.173 S 275 S 2.72 2.48S 2.45 1.92 1.94 69,683 70.632 70.162 71.064 69.807 70,681 Soe accompanying notes to consolidated toancial statements COLUMBIA SPORTSWEAR COSIPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOM Sportswe port. The complete annual report, including notes to the financial statements, is available at the com COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) 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 expense (Note 10) Net income Net income attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable 1 Columbia Sportswear Company (Note 16): Basic. Diluted Weighted average shares outstanding (Note 16x Basie Diluted Year Ended December 31, 2016 2015 2014 $ 2,377.045 S 2.326,180 $ 2.100,590 1,266,697 1,252,680 1.145.639 1.110.348 1,073,500 954.951 864,084 831,971 763.063 10.244 8.192 6,956 256,508 249,721 198.844 2.003 1,531 1,004 (1.041) (1,099) 41,053) (572) (2.834) (274) 256,898 247.319 198.521 (58.459) (67,468) (56,662) 198,439 129,8SE 141.859 6.501 3.514 4.686 191.898 S 174,337 S 137.173 S 275 S 2.72 2.48S 2.45 1.92 1.94 69,683 70.632 70.162 71.064 69.807 70,681 Soe accompanying notes to consolidated toancial statements COLUMBIA SPORTSWEAR COSIPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOM NE GETCONJUNCTIE DOCTOR 4.761 Payments on long-term det (134776) 975) (4.760) Payment of dehisce costs 16 SOT (1,475) Proceeds from long-term debt 951.817 Purchases of treasury Meck (1.000.468) (732.623) (727,795) Cash dividends paid 1635.9943 (565.275) (478.933) Proceeds from issuance of Common Stock act of hares withheld for taxes 918 30.871 34869 Cash used by financing activities (1.076 (840.215) (1.171,858) Effect of foreign currency rate changes on cash and equivalents (66.663) (65,461) Net change in cash and equivalents (26.290) 195.492 Cash and equivalents - beginning of year 945605 971895 776,403 Cash and equivalents-end of year 95.505 971.895 The cash flows related to discontined operations bure not been segregated and are included in the Consolidated Statements of Cash Flows. The cash and equivalents mon presented at December 2015 differs from cash and equivalents in the Consolidated Balance Sheet due to cash included in "Creedscoad aperations Sec notes to consolidated financial statements VF CORPORATION Consolidated Statements of Stockholders' Equity Come Stock Am Accumulated Other Comprehensive La Capital Earnings 440.310.3705 110,000 $ 2.746.590 (211.720) S 3,432.090 1,047,505 (478.933) 1734,786) (41.123) (12.037.000) 4,566.521 (3.009) 1.1.46 (465) 199.683) 73.143 Ralance, December 2013 Net income Dividends on Common Stock Purchase of treasury stock Stock-hased compensation, net Foreign currency translation and other Defined benefit pension plans Derivative financial instruments Marketable securities Balance, December 2014 Net income Dividends on Common Stock Purchase of treasury Mack Stock-based compensation. Det Foreign currency translation and other Defined benefit pension plans Derivative financial instruments 432.59.91 TOR 215 2.995.15 102.272) 3.231,753 1.231.593 1565.275) 17.30, 11) (39.326) (2.500) (10.03.100) 3.741,483 (361,238) 15.753 426,614.274 106.15 3.128.731 1,074.106 1615.99) 15.932.75 Balance, December 2015 Net income Dividends on to Purchase of treasury stock Stock-based companions Foreign cuency translation Defined belt peaban plan Derivativencialment Balance. Therember 2016 140145 1349) 2.49 8671 10250355423 55 414.012.95 251515 VE CORPORATION Consolidated Statements Cash Flows Yeah 2016 2015 2014 Anh Operating activities Net income s 1,074,106 $ 1,231,5935 1,047.505 Adjustments to reconcile net income to cash provided by operating activities Impairment of goodwill and intangible acts 79.646 143562 396,362 Depreciation and amortization 281577 272.075 274,883 Stock-based compensation 67,762 73.420 104313 Provision for doubtful scents 17,283 12.00 (2.198) Pension expense in excess of less than contributie 89.00 201.709) 09.864) Deferred income taxes (71.625) 2.088 08.064) Loss on sale of businesses 104,357 Othernet (15.2303 34,734) 4.112 Changes in operating assets and liabilities: Accounts receivable 47.100 124.248) 854 Inventories 372103 175.098) (130.540) Aceable 19.5533 14235 69,807 Income taxes 129.5743 4.206 20:293 Accrued liabilities 14.505) 41.989 Other assets and liabilities 2.599 22.614 Cash provided by operating activities 177.919 1203430 1.762.000 Investing activities Capital expenditures (175.8.40 254501) (234.013 Proceeds from sale of businesses, we of cash sold TISSU Software purchases 2262 63.23 Othernet 8331 Cash used by investing activities 12.4141 23.09.255 Financing activities Net (decrease increase in short-term is 21.09 4.76 Payments on long-term det 276 1.9751 14.760) Payment of debt issuance costs 1475) Proceeds from long-terdele 951817 Purchases of treasury stock CE 112,603) 1727,1953 Cash divided 1635 3.375 Phil mine from Stecknetes Withheld for taxes 30871 Cashed by financing sites 1.00 1.2151 Elect of foreign currency rate changes on cash and equivalents 6. Net change in cash and equivalents 20 19592 Cash and equivalents beginning of star 91.89 Cash and equivalents end of year The cash flows related to disconti che pregat ded in the Cold Statenents of Cash For The cash and com and in the Consolidated Balance Sheena See notes omnes YE CORPORATION WS WYODRORATION CS 04.06 LOSOS 061.814 5 (13) uns Other comprendere FY Gaising de Les effe Define Care Amationen 2021 37.518 61.6 65.20 2514 SISTE 1.571) OLSEN Recommend Leafle Dec Game Les Raw Law income Marker Gaimage 70 672 SK COM 12.111 BN Reco tes Other cumpe 1. Se VF CORPORATION Consolidated Statements of Cash Flows career 2015 5 17105 2993 1.047.505 144562 922025 Operating activities Net income Adjustments to reconcile net to cast provided by operating activities Tepairment of goodwill and image Depreciation and mortization Shocked compensation Polisica for doubtful Pensete the since Los on sale ofice Os net Changes in the Accounts Tech 9.6+ 21:52 7. The 12 was 1.6 13 SANI 396,362 274. 1943 12.1988 9 . 12052 20 BUH 12 HO 1341 SIS 5400 7 NEN Accounts payable 5141 10 129 In 2016 and 2013 Common Stock stated that 120.000 414012954 ending in 2016 and OSHO 2015 Adonal puide Accuated other comprehensions Ruined cumin Total sockholders' equity Telles andere y MORSO 3.301Z 1.041463) 2.545.458 4940921 9.775 106.654 3.192.675 (1.043.222) 3.128.731 5.354338 9.62342 See to comments WYCORPORATION Cle SE Net FORCE DELIRII 12. 123485 61 6112.NO IVOS Teles Casting Colored Serland Impoline Tolondres WAT 4. 1.416 72 17327 RE 611 were me 773 Other pense SCORT PER LESTE STIGE LENTRE APELE UND Inercors from its Cum Dada the INS L. Cash dividend perch SFATHON 1 LINE LE NE WIN resented in its 2016 annual report. The complete annual report, including notes to the financial statements, is available at the company's websit VE CORPORATION Cd Shes 2018 ASSETS Current Cash and equivale Account ceivable, less allowance for de SCL131 in 2006 and $23.275 in 2015 1,227,862 96423 1.1976 1,5 1.315316) 284.215 89.176 4.161 939450 1.839,698 1.756.999 1.918.611 1.788.407 SX1266 ZEOLOGI 9.609.52 9.39STS Other comment Current acts of discontinued operations Tal curs Property, plant and equipment Intangible assets Good Others assets of discontinued operations Total assets LLABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Short term home Current profogdb Account Aaaahahames Current liabilities of continued oper Tomatitis Long-term delu Otheriahilities Other sites of die Comments and coming Totalles 250 $ 9.15 3608 TAL13 1.000 10915 4,7147 Preferral ask using Coms Socks at 410 xu 3515 SEN 542 Total abilities and suchen View Policies Current Attempt in Progress Columbia Sportswear Company's financial statements are presented in Appendix B. Click here to view Appendix B. Financial statements of VF Corporation are presented in Appendix C. Click here to view Appendix C. Based the information in these financial statements, determine the following for each company. (Enter amounts in thousands) Columbia Sportswear Company VF Corporation $ $ $ $ 5 Total liabilities at December 31, 2016. Net property, plant and equipment at December 31, 2016. Netcash provided (used) by investing activities for 2016. Net income for 2016 $ 5 $ $ 1074106 $ 1074106 ying notes to ou inca SCC COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF EQUITY (In thousands) Club Sportor Company Standard Cock Other Shares Roland Crude Controlling Outstanding Total 69,190 552.325 S1.157.7335 35.360 S 7.446 S 1.252.864 137.173 4.686 141,859 10 10 1 27.28 500 7.751 (27.789) 39.886) 19.135 S119 11.10 TIS. 19.136 5.119 11.120 (1:5.000) 1.355,234 179.851 20 La 72.00 1.255.0 174232 11.631 S.514 BALANCE, JANUARY 1, 2014. Net Income Other comprehensive income oss Unrealized holding gains on available for sale securities, et Unrealized holding gains on derivative transactions, el Foreign currency translation adjustment, Cash dividends S057 per share) Issuance of common stock under employee stock plans, Tax adjustice from stock plans Stock-based compensation expense Repurchase of commia stock BALANCE, DECEMBER 31, 2014 Net income Other comprehensive loss Unrealized holding losses on available for sal securities.net Uncalized holding losses et dernie transactions et Foreign currency translation adjustments Cash dividends (0.62 per shares Issuance of common stock under employee stock planct Tax adjustment from stock plus Stock-hued compensation expense Repurchase of common stack. BALANCE, DECEMBER 31, 2015 Net income Other comprenne income dos Uncalized holding of Sale securities, et Unrealized holding is one (2.9081 (34.8871 33.2553 7.925 12 7.925 11,672 1.415.813 41 157 42.122 Foreign currency translation, Cash dividends (S. per share Issuance of common secunder cmployees plans, et Stock used compensare Repencase of mind BALANCE. DECEMBER 31, 2016 See companying not be considedal stenen Soe nying notes to consolideed l emer COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) Year Ended December 31, 2016 2015 Cash flows from operating activities: Net income S 198,439 $ 179,851 5 141.859 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 60,016 56,521 54,017 Loss on disposal or impairment of property, plant, and equipment.... 4,805 5,098 481 Deferred income taxes (19.178) (11.709) (6,978) Stock-based compensation 10,986 11,672 11,120 Excess tax benefit from employee stock plans. (7.873) (4.927) Changes in operating assets and liabilities: Accounts receivable 36,710 (40,419) (31,478) Inventories (18.777) (103.296) (62,086) Prepaid expenses and other current assets (5.452) 4,411 (4.869) Other assets. (5.948) (2.524) 4.291 Accounts payable 1.483 11.418 41.941 Accrued liabilities. 4.847 (2.017) 35,051 Income taxes payable 4.768 (10.994) 1.166 Other liabilities. 2.468 4,966 6,195 Net cash provided by operating activities 275,167 95.105 185.783 Cash flows from investing activities: Acquisition of business, not of cash acquired (188,467) Purchases of short-term investments (21.263) (38.208) (48.243) Sales of short-term investments 21.263 64.980 112.895 Capital expenditures. (49.987) 169.917) (60.283) Proceeds from sale of property, plant, and equipment. 97 144 71 Net cash used in investing activities (49.890) (43.001) (184,027) Cash flows from financing activities: Proceeds from credit facilities 62.885 53,429 52,356 Repayments on credit facilities (64.825) (51.479) (52 2053 Proceeds from issuance of common stock under employee stock plans 13.167 17.442 22.277 Tax payments related to restricted stock unit issuances 15.117) (4.895) Excess tax benefit from employee stock plans 7.873 4.927 Repurchase of common stock (11) 70,00 (15.000) Cash dividends puid (48,122) (43,5473 (39.836) Proceeds from note payable to related party 16,072 Nel cash used in financing activities 142.023) 191.2457 (14.550) Net effect of exchange rate changes on cash (1.6.15) (4,647) (11,137) Net increase (decrease in cash and cash equivalents 181.619 (43.788) (23.931 Cash and cash equivalents, beginning of year 369.770 41LSS 437,489 Cash and cash equivalents, end of year. 551 399 $ 369,770 S 413.558 Supplemental disclosures of cash flow information: Cash paid during the year for income taxes 70.424 X7,150 $ 51.958 Clash paid during the year for interest on note payable to related party 1.115 &3 Supplemental disclosures of non-cash investing actities 2.710 4.698 Capital expenditures incurred but not yet paid 7.196 S S 5 See accompanying notes to consolidated financial statements COLOMBEA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME din 5 TSRS SINIST 3 14:59 620 16 10 843 7.751 Net income Orchemie Urhepala desalon we fleweries effs of 15 and 1. pret Un paineen derivenactices eflects 1.927.4 and 1.507.petely Foreign of fear of 15347. respectively erial Chemi me Comprehensive in Complemene able to Columbia Sperwear Camp OUT) OT 14 2. 003 12101 1995 4161 Se compte de francia com COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED BALANCE SHEETS ASSETS Can Cash and chive 5551.35 9.720 A www. 1167 487997 ENT 395 473 1.349,389 Pedesandaler Tales Property, ple and equipe (7) Goedwill Defined in Nee 10 11.354 6.90 Tocal LAMLITIES AND EQUITY 1. Shop AN 1. Other logo RO 1 Deferred I Shar Pred 1.51 COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS In thousands Sportswe port. The complete annual report, including notes to the financial statements, is available at the com COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) 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 expense (Note 10) Net income Net income attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable 1 Columbia Sportswear Company (Note 16): Basic. Diluted Weighted average shares outstanding (Note 16x Basie Diluted Year Ended December 31, 2016 2015 2014 $ 2,377.045 S 2.326,180 $ 2.100,590 1,266,697 1,252,680 1.145.639 1.110.348 1,073,500 954.951 864,084 831,971 763.063 10.244 8.192 6,956 256,508 249,721 198.844 2.003 1,531 1,004 (1.041) (1,099) 41,053) (572) (2.834) (274) 256,898 247.319 198.521 (58.459) (67,468) (56,662) 198,439 129,8SE 141.859 6.501 3.514 4.686 191.898 S 174,337 S 137.173 S 275 S 2.72 2.48S 2.45 1.92 1.94 69,683 70.632 70.162 71.064 69.807 70,681 Soe accompanying notes to consolidated toancial statements COLUMBIA SPORTSWEAR COSIPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOM Sportswe port. The complete annual report, including notes to the financial statements, is available at the com COLUMBIA SPORTSWEAR COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) 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 expense (Note 10) Net income Net income attributable to non-controlling interest Net income attributable to Columbia Sportswear Company Earnings per share attributable 1 Columbia Sportswear Company (Note 16): Basic. Diluted Weighted average shares outstanding (Note 16x Basie Diluted Year Ended December 31, 2016 2015 2014 $ 2,377.045 S 2.326,180 $ 2.100,590 1,266,697 1,252,680 1.145.639 1.110.348 1,073,500 954.951 864,084 831,971 763.063 10.244 8.192 6,956 256,508 249,721 198.844 2.003 1,531 1,004 (1.041) (1,099) 41,053) (572) (2.834) (274) 256,898 247.319 198.521 (58.459) (67,468) (56,662) 198,439 129,8SE 141.859 6.501 3.514 4.686 191.898 S 174,337 S 137.173 S 275 S 2.72 2.48S 2.45 1.92 1.94 69,683 70.632 70.162 71.064 69.807 70,681 Soe accompanying notes to consolidated toancial statements COLUMBIA SPORTSWEAR COSIPANY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOM NE GETCONJUNCTIE DOCTOR 4.761 Payments on long-term det (134776) 975) (4.760) Payment of dehisce costs 16 SOT (1,475) Proceeds from long-term debt 951.817 Purchases of treasury Meck (1.000.468) (732.623) (727,795) Cash dividends paid 1635.9943 (565.275) (478.933) Proceeds from issuance of Common Stock act of hares withheld for taxes 918 30.871 34869 Cash used by financing activities (1.076 (840.215) (1.171,858) Effect of foreign currency rate changes on cash and equivalents (66.663) (65,461) Net change in cash and equivalents (26.290) 195.492 Cash and equivalents - beginning of year 945605 971895 776,403 Cash and equivalents-end of year 95.505 971.895 The cash flows related to discontined operations bure not been segregated and are included in the Consolidated Statements of Cash Flows. The cash and equivalents mon presented at December 2015 differs from cash and equivalents in the Consolidated Balance Sheet due to cash included in "Creedscoad aperations Sec notes to consolidated financial statements VF CORPORATION Consolidated Statements of Stockholders' Equity Come Stock Am Accumulated Other Comprehensive La Capital Earnings 440.310.3705 110,000 $ 2.746.590 (211.720) S 3,432.090 1,047,505 (478.933) 1734,786) (41.123) (12.037.000) 4,566.521 (3.009) 1.1.46 (465) 199.683) 73.143 Ralance, December 2013 Net income Dividends on Common Stock Purchase of treasury stock Stock-hased compensation, net Foreign currency translation and other Defined benefit pension plans Derivative financial instruments Marketable securities Balance, December 2014 Net income Dividends on Common Stock Purchase of treasury Mack Stock-based compensation. Det Foreign currency translation and other Defined benefit pension plans Derivative financial instruments 432.59.91 TOR 215 2.995.15 102.272) 3.231,753 1.231.593 1565.275) 17.30, 11) (39.326) (2.500) (10.03.100) 3.741,483 (361,238) 15.753 426,614.274 106.15 3.128.731 1,074.106 1615.99) 15.932.75 Balance, December 2015 Net income Dividends on to Purchase of treasury stock Stock-based companions Foreign cuency translation Defined belt peaban plan Derivativencialment Balance. Therember 2016 140145 1349) 2.49 8671 10250355423 55 414.012.95 251515 VE CORPORATION Consolidated Statements Cash Flows Yeah 2016 2015 2014 Anh Operating activities Net income s 1,074,106 $ 1,231,5935 1,047.505 Adjustments to reconcile net income to cash provided by operating activities Impairment of goodwill and intangible acts 79.646 143562 396,362 Depreciation and amortization 281577 272.075 274,883 Stock-based compensation 67,762 73.420 104313 Provision for doubtful scents 17,283 12.00 (2.198) Pension expense in excess of less than contributie 89.00 201.709) 09.864) Deferred income taxes (71.625) 2.088 08.064) Loss on sale of businesses 104,357 Othernet (15.2303 34,734) 4.112 Changes in operating assets and liabilities: Accounts receivable 47.100 124.248) 854 Inventories 372103 175.098) (130.540) Aceable 19.5533 14235 69,807 Income taxes 129.5743 4.206 20:293 Accrued liabilities 14.505) 41.989 Other assets and liabilities 2.599 22.614 Cash provided by operating activities 177.919 1203430 1.762.000 Investing activities Capital expenditures (175.8.40 254501) (234.013 Proceeds from sale of businesses, we of cash sold TISSU Software purchases 2262 63.23 Othernet 8331 Cash used by investing activities 12.4141 23.09.255 Financing activities Net (decrease increase in short-term is 21.09 4.76 Payments on long-term det 276 1.9751 14.760) Payment of debt issuance costs 1475) Proceeds from long-terdele 951817 Purchases of treasury stock CE 112,603) 1727,1953 Cash divided 1635 3.375 Phil mine from Stecknetes Withheld for taxes 30871 Cashed by financing sites 1.00 1.2151 Elect of foreign currency rate changes on cash and equivalents 6. Net change in cash and equivalents 20 19592 Cash and equivalents beginning of star 91.89 Cash and equivalents end of year The cash flows related to disconti che pregat ded in the Cold Statenents of Cash For The cash and com and in the Consolidated Balance Sheena See notes omnes YE CORPORATION WS WYODRORATION CS 04.06 LOSOS 061.814 5 (13) uns Other comprendere FY Gaising de Les effe Define Care Amationen 2021 37.518 61.6 65.20 2514 SISTE 1.571) OLSEN Recommend Leafle Dec Game Les Raw Law income Marker Gaimage 70 672 SK COM 12.111 BN Reco tes Other cumpe 1. Se VF CORPORATION Consolidated Statements of Cash Flows career 2015 5 17105 2993 1.047.505 144562 922025 Operating activities Net income Adjustments to reconcile net to cast provided by operating activities Tepairment of goodwill and image Depreciation and mortization Shocked compensation Polisica for doubtful Pensete the since Los on sale ofice Os net Changes in the Accounts Tech 9.6+ 21:52 7. The 12 was 1.6 13 SANI 396,362 274. 1943 12.1988 9 . 12052 20 BUH 12 HO 1341 SIS 5400 7 NEN Accounts payable 5141 10 129 In 2016 and 2013 Common Stock stated that 120.000 414012954 ending in 2016 and OSHO 2015 Adonal puide Accuated other comprehensions Ruined cumin Total sockholders' equity Telles andere y MORSO 3.301Z 1.041463) 2.545.458 4940921 9.775 106.654 3.192.675 (1.043.222) 3.128.731 5.354338 9.62342 See to comments WYCORPORATION Cle SE Net FORCE DELIRII 12. 123485 61 6112.NO IVOS Teles Casting Colored Serland Impoline Tolondres WAT 4. 1.416 72 17327 RE 611 were me 773 Other pense SCORT PER LESTE STIGE LENTRE APELE UND Inercors from its Cum Dada the INS L. Cash dividend perch SFATHON 1 LINE LE NE WIN resented in its 2016 annual report. The complete annual report, including notes to the financial statements, is available at the company's websit VE CORPORATION Cd Shes 2018 ASSETS Current Cash and equivale Account ceivable, less allowance for de SCL131 in 2006 and $23.275 in 2015 1,227,862 96423 1.1976 1,5 1.315316) 284.215 89.176 4.161 939450 1.839,698 1.756.999 1.918.611 1.788.407 SX1266 ZEOLOGI 9.609.52 9.39STS Other comment Current acts of discontinued operations Tal curs Property, plant and equipment Intangible assets Good Others assets of discontinued operations Total assets LLABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Short term home Current profogdb Account Aaaahahames Current liabilities of continued oper Tomatitis Long-term delu Otheriahilities Other sites of die Comments and coming Totalles 250 $ 9.15 3608 TAL13 1.000 10915 4,7147 Preferral ask using Coms Socks at 410 xu 3515 SEN 542 Total abilities and suchen
