COLUMBIA SPORTSWEAR CO
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
COLM$72.45+2.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
Table of Contents Notes to Consolidated Financial Statements
CONSOLIDATED STATEMENTS OF OPERATIONS
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share amounts) | 2023 | 2022 | 2021 |
| Net sales | $3,487,203 | $3,464,152 | $3,126,402 |
| Cost of sales | 1,757,271 | 1,753,074 | 1,513,947 |
| Gross profit | 1,729,932 | 1,711,078 | 1,612,455 |
| Selling, general and administrative expenses | 1,416,313 | 1,304,394 | 1,180,323 |
| Impairment of goodwill and intangible assets | 25,000 | 35,600 | — |
| Net licensing income | 21,665 | 22,020 | 18,372 |
| Operating income | 310,284 | 393,104 | 450,504 |
| Interest income, net | 13,687 | 2,713 | 1,380 |
| Other non-operating income (expense), net | 2,221 | 1,593 | (373) |
| Income before income tax | 326,192 | 397,410 | 451,511 |
| Income tax expense | 74,792 | 85,970 | 97,403 |
| Net income | $251,400 | $311,440 | $354,108 |
| Earnings per share: | |||
| Basic | $4.11 | $4.96 | $5.37 |
| Diluted | $4.09 | $4.95 | $5.33 |
| Weighted average shares outstanding: | |||
| Basic | 61,232 | 62,754 | 65,942 |
| Diluted | 61,424 | 62,970 | 66,415 |
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