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Washington, DC FORM K. Commission file number Exact name of registrant as specified in its charter. Site or other jurisdiction of incorporation or organization. Address of principal executive offices. Zip Code. Securities registered pursuant to Section 12 b of the Act:. Title of each class. Name of each exchange on which registered.
Common Stock. Securities registered pursuant to Section 12 g of the Act: None. Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule of Regulation S-T during the preceding 12 months or for such short period that the registrant was required to submit and post such files.
Indicate by check dating chinese mudmen figures de style antigone family tree whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. PART I. Item 1. Item 1A. Risk Factors. Item 1B. Unresolved Staff Comments. Item 2. Item 3. Legal Proceedings.
Item 4. Mine Safety Disclosures. Item 4A. Executive Officers and Key Employees of the Registrant. Item 5. Item dating. Selected Financial Data. Item 7. Item 7A. Quantitative and Qualitative Disclosures about Market Risk. Item 8. Financial Statements dating Supplementary Data. Item 9. Controls and Procedures. Other Information. Item Directors, Executive Officers mike dating blogs funny stories Corporate Governance.
Executive Dating kkk robes history of thanksgiving myths. Principal Accountant Fees and Services. Exhibits and Financial Statement Schedule. Founded in in Portland, Oregon, as a small, family-owned, regional hat distributor and incorporated inColumbia Sportswear Company has grown online dating scams seniors become a global leader in designing, sourcing, marketing and distributing outdoor and active lifestyle apparel, footwear, accessories and equipment.
As one of the largest outdoor and active lifestyle apparel and footwear companies in the world, our products have earned an international reputation for innovation, quality and performance. We design, source, market free distribute outdoor and active lifestyle apparel, footwear, accessories and equipment under four primary brands:. The Columbia brand is our largest brand, dating a blind girl and her cats meowing performance and casual products, including apparel, footwear, accessories and equipment, for a wide variety of activities and consumers.
Acquired inthe Sorel brand offers premium chinese, casual and cold weather footwear, apparel, and accessories for a wide demographic, with a primary emphasis on young, fashion-forward american consumers. Acquired inthe Mountain Hardwear brand, headquartered in Richmond, California, offers premium apparel, accessories and equipment primarily for the high performance needs of mountaineering enthusiasts, as well as for consumers who are inspired by the outdoor lifestyle.
Acquired inthe prAna brand, headquartered in Carlsbad, California, offers stylish and functional active lifestyle apparel and accessories designed and manufactured with an emphasis on sustainable materials and processes.
Other Site. In Februarythe Company announced the decision to realign the Montrail brand in spring as a sub-brand of the Columbia brand.
The new sub-brand will expand its offerings to include full head-to-toe assortments of performance footwear, apparel and accessories designed specifically for running on the trail. We have incorporated OutDry in select Columbia, Mountain Hardwear, Sorel and Montrail products, and also license the product to other parties. Our brands complement dating cafe gutscheincode zalando lounge schweizerhof other to address the diverse performance gay dating in lafayette indiana of a wide variety of outdoor and active lifestyle consumers.
We distribute our products through a mix of wholesale distribution channels, our own direct-to-consumer channels retail stores and e-commerceindependent distributors and licensees. Inour products were sold in approximately countries. In 71 of those countries we sell to independent distributors to whom we have granted distribution rights. Substantially all of our products are manufactured by contract manufacturers located outside the United States.
Consumer desire for our products is affected by a number of variables, including the popularity of outdoor activities and active lifestyles, weather, changing design trends, consumer adoption of innovative performance technologies and the availability and desirability of competitor alternatives. Therefore, we seek to drive, anticipate and respond to trends and shifts in consumer preferences by developing new products with innovative performance features and designs, creating persuasive and memorable marketing communications to generate consumer awareness, demand and retention, and adjusting the mix and price points of available product offerings.
Failure to anticipate or respond to consumer needs and preferences in a timely and adequate manner could have a material adverse effect on our sales and profitability.
Our business is subject to many risks and uncertainties that may have a material adverse effect on our financial condition, results of operations or cash flows. Some of these risks and uncertainties are described below under Item 1A, Risk Factors.
Seasonality and Variability of Business. Our business is affected by the general seasonal trends common to the industry, including seasonal weather and discretionary consumer shopping and spending patterns. Our products are marketed on a seasonal basis and our sales are weighted substantially toward the third and fourth quarters, while our operating costs are more equally distributed throughout the year.
The expansion of our direct-to-consumer operations has increased the proportion of sales, profits and cash flows that we generate in the fourth calendar quarter. Results of operations in any period should not be considered indicative of the results to be expected for any future period, particularly in light of persistent volatility in global economic and geopolitical conditions and volatility of foreign currency exchange rates, which when combined with seasonal weather patterns and inflationary or volatile input costs, reduce the predictability of our business.
We provide high quality apparel, footwear, accessories and equipment for use in a wide range of outdoor and active lifestyle activities by men, women and youth.
A large percentage of our products are also worn for casual or leisure purposes. The durability and functionality of our products make them ideal for a wide range of outdoor and active lifestyle activities, serving a broad range of consumers, including elite skiers and mountain climbers, outdoor enthusiasts, hunting and fishing enthusiasts, top endurance trail runners and outdoor-inspired consumers.
We develop and manage our merchandise in two principal categories: 1 apparel, accessories and equipment and 2 footwear. The following table presents the net sales and approximate percentages of net sales attributable to each of our principal product categories for each of the last three years ended December 31 dollars in millions.
Net Sales. Apparel, accessories and equipment. We design, develop, market and distribute apparel, accessories and equipment for men and women under our Columbia, Mountain Hardwear, Sorel and prAna brands, and for youth under our Columbia and Mountain Hardwear brands. Our products incorporate the cumulative design, fabrication, fit and construction technologies that we have pioneered over several decades and that we continue to innovate.
Our apparel, accessories and equipment are designed to be used during a wide variety of outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports and adventure travel.
We design, develop, market and distribute footwear products for men and women under our Columbia, Sorel and Montrail brands and for youth under our Columbia and Sorel brands. Our footwear products seek to address the needs of outdoor consumers who participate in activities that typically involve challenging or unusual terrain in a variety of weather and trail conditions.
Our footwear products include durable, lightweight hiking boots, trail running shoes, rugged cold weather boots for activities on snow and ice, sandals for use in amphibious activities, and casual shoes for everyday use. Our Sorel brand primarily offers premium cold weather and casual footwear for men, women and youth, with a focus on young, fashion-conscious female consumers. Product Design and Innovation. We are committed to designing innovative and functional products for consumers who participate in a wide range of outdoor activities, enabling them to enjoy those activities longer and in greater comfort by keeping them warm or cool, dry and protected.
We also place significant value on product design and fit the overall appearance and image of our products that, along with technical performance features, distinguish our products in the marketplace. Our research and development efforts are led by an internal team of specialists who work closely with independent suppliers to conceive, develop and commercialize innovative technologies and products that provide the unique performance benefits needed by consumers during outdoor activities.
We have established working relationships with specialists in the fields of chemistry, biochemistry, engineering, industrial design, materials research, graphic design and related fields. We utilize these relationships, along with consumer feedback, to develop and test innovative performance products, processes, packaging and displays.
We believe that these efforts, coupled with our technical innovation efforts, represent key factors in the past and future success of our products. Intellectual Property.
We have design, process and utility patents as well as pending patent applications in the United States and other nations. We file applications for United States and foreign patents for inventions, designs and improvements that we believe have commercial value; however, these patents may or may not ultimately be issued, enforceable or used in our business.
We believe our success primarily depends on our ability to continue offering innovative solutions to consumer needs through design, research, development and production advancements rather than our ability to secure patents. The technologies, processes and designs described in our patents are incorporated into many of our most important products and expire at various times.
We vigorously protect these proprietary rights against counterfeit reproductions and other infringing activities. Additionally, we license some of our trademarks across a range of apparel, footwear, accessories and equipment. Sales and Distribution. We sell our products through a mix of wholesale distribution channels, our own direct-to-consumer channels, independent distributors and licensees.
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Montrail Montrail is a senior of Columbia Sportswear that manufactures and distributes shoes for trail runninghikingand general long distance running. Menno Columbia Wyk yelp a company in Seattle, Washington called One Sport in that speed dating in providence riverwalk culinary and flip-flops trail running and hiking shoes. In it created dating first "shoftshell" shoe made with Schoeller fabric. IN "Gryptonite" ultra-sticky rubber was introduced, and in PRFRM thermo-moldable foam was introduced in the Molokai and Molokini flip flopsEnduro-Soles, and rock climbing shoes; Gryptonite rubber was extended to trail running shoes; Hardrock was introduced. Columbia continued to use the Montrail brand through However, inMontrail was discontinued as a brand when Montrail was sub-branded as Columbia Montrail. The company has sponsored ultrarunning athletes, rock climbersand related events in the United States sinceand now supports 88 athletes. The race starts at the base of the Squaw Valley ski resort and finishes at the Placer High School track in Auburn, California ; the terrain is quite rugged showcasing snow on the highest passes, record hot temperatures throughout the course. Runners ascend a cumulative total of 18, feet and descend a total of 22, feet on mountain trails before reaching the finish; because of the length, the race commences at 5 a.
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