Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Please answer the following questions based on the Columbia Sportswear Company 2

ID: 2535978 • Letter: P

Question

Please answer the following questions based on the Columbia Sportswear Company 2017 10-K.


(Link to the Columbia's 10K: http://files.shareholder.com/downloads/COLM/6230778634x0x977594/E27E55DB-E7E3-4C4A-BA09-B8BB85FB2893/2018_Combined_Shareholder_Letter_and_10-K.pdf)

31. What was the amount of Columbia Sportswear Company contributions to their U. S. employees’ 401(k) profit-sharing plan for December 31, 2017?
a. $7,666,000
b. $7,754,000
c. $6,981,000
d. $3,546,000


32. How much did Columbia Sportswear Company pay (in thousands) to repurchase their common stock during 2017?
a. $0
b. $11,000
c. $35,542
d. $70,068


33. Cash dividends paid (in thousands) in 2017 for Columbia Sportswear Company were?
a. $48,122
b. $50,909
c. $43,547
d. $44,676


34. Which earnings per share amounts are reported in a complex capital structure?
a. Basic and Diluted EPS
b. Basic and Simple EPS
c. Basic EPS only
d. Diluted EPS only


35. What is the numerator (in thousands) for the calculation of the 2017 Diluted EPS of $1. 49?
a. $1,159,962
b. $262,969
c. $112,315
d. $105,123


36. What is the denominator (in thousands) for the calculation of the 2017 Diluted EPS of $1. 49?
a. 70,632
b. 71,064
c. 70,453
d. 70,681


37. What caused the increase in the denominator from Basic EPS to Diluted EPS for 2017?
a. Dilutive Convertible Preferred Stock
b. Dilutive Convertible Bonds
c. Dilutive Stock Options and Restricted Stock
d. None of the above

Explanation / Answer

31. a. $7,666,000

32. c. $35,542

33. b. $50,909

34. a. Basic and Diluted EPS

35. d. $105,123

36 c. 70,453

37 c. Dilutive Stock Options and Restricted Stock