2 unchanged sentences
Our common stock is traded on the NASDAQ Global Select Market under the symbol "COLM."
−Removed: At February 7, 2020, we had approximately 270 shareholders of record, although we have a much larger number of beneficial owners, whose shares of record are held by banks, brokers and other financial institutions
−Removed: Quarterly dividends on our common stock, when declared by our Board of Directors, are paid on or about the 15th day of March, May, August, and November.
−Removed: We currently intend to continue to declare and pay regular quarterly dividends on our common stock.
+Added: At February 12, 2021, we had 266 shareholders of record, although we have a much larger number of beneficial owners, whose shares of record are held by banks, brokers and other financial institutions
+Added: Quarterly dividends on our common stock, when declared by our Board of Directors, are paid in March, May, August, and November.
+Added: In March 2020, our Board of Directors suspended quarterly dividend payments as part of a broader capital preservation effort during the ongoing COVID-19 pandemic.
+Added: Based on the strength of our balance sheet and confidence in our earnings recovery and long-term growth trajectory, our Board of Directors approved a regular quarterly cash dividend of $0.26 per share, payable on March 22, 2021 to shareholders of record on March 9, 2021.
Performance Graph
−Removed: The line graph below compares the cumulative total shareholder return of our common stock with the cumulative total return of the Russell 1000 Index, Russell 1000 Textiles Apparel & Shoes Index, Standard & Poor's ("S&P") 400 Mid-Cap Index and the Russell 3000 Textiles Apparel & Shoes Index for the period beginning December 31, 2014 and ending December 31, 2019.
−Removed: The graph assumes that $100 was invested on December 31, 2014, and that any dividends were reinvested.
−Removed: In 2019, we added the Russell 1000 Index and the Russell 1000 Textiles Apparel & Shoes Index to the performance graph because we believe the companies included in these indices are more comparable to that of Columbia in terms of line of business and market capitalization.
+Added: The line graph below compares the cumulative total shareholder return of our common stock with the cumulative total return of the Russell 1000 Index and Russell 1000 Textiles Apparel & Shoes Index for the period beginning December 31, 2015 and ending December 31, 2020.
+Added: The graph and table assume that $100 was invested on December 31, 2015, and that any dividends were reinvested.
Historical stock price performance should not be relied on as indicative of future stock price performance.
−Removed: Columbia Sportswear Company
−Removed: Stock Price Performance
−Removed: December 31, 2014—December 31, 2019
−Removed: Total Return Analysis
12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020
−Removed: Columbia Sportswear Co.
−Removed: $100.00 $110.70 $133.96 $167.27 $197.74 $237.98
+Added: Columbia Sportswear Company $100.00 $121.02 $151.11 $178.63 $214.99 $188.17
Russell 1000 Index $100.00 $112.05 $136.36 $129.83 $170.63 $206.40
Russell 1000 Textiles Apparel & Shoes Index $100.00 $87.13 $107.64 $110.65 $151.70 $189.19
−Removed: S&P 400 Mid-Cap Index $100.00 $97.82 $118.11 $137.30 $122.08 $154.07
−Removed: Russell 3000 Textiles Apparel & Shoes Index $100.00 $97.85 $86.48 $107.14 $111.17 $151.62
Issuer Purchases of Equity Securities
−Removed: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1)
−Removed: Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: October 1, 2019 through October 31, 2019 49,888 $ 96.71 49,888 $ 215,317,000
−Removed: November 1, 2019 through November 30, 2019 2,300 91.28 2,300 215,107,000
−Removed: December 1, 2019 through December 31, 2019 — — — 215,107,000
−Removed: Total 52,188 $ 96.48 52,188 $ 215,107,000
−Removed: (1) Since the inception of our stock repurchase plan, our Board of Directors has authorized the repurchase of up to $1.1 billion of our common stock.
−Removed: As of December 31, 2019, we had repurchased 25.3 million shares under this program for an aggregate purchase price of $884.9 million.
+Added: Since the inception of our share repurchase program in 2004 through December 31, 2020, our Board of Directors has authorized the repurchase of $1.1 billion of our common stock.
Shares of our common stock may be purchased in the open market or through privately negotiated transactions, subject to market conditions.
The repurchase program does not obligate us to acquire any specific number of shares or to acquire shares over any specified period of time.
+Added: Under this program as of December 31, 2020, we have repurchased 26.8 million shares at an aggregate purchase price of $1,017.8 million, and have $82.2 million remaining available.
+Added: In March 2020, we suspended future share repurchases as part of a broader capital preservation effort during the ongoing COVID-19 pandemic.
+Added: We did not repurchase any shares or common stock during the fourth quarter of 2020.
+Added: In 2021, we have reinstated our historical capital allocation strategy, which includes share repurchases.
+Added: At its regular board meeting in January 2021, our Board of Directors approved an additional $400.0 million share repurchase authorization.
SELECTED FINANCIAL DATA
19 unchanged sentences
Balance Sheet Data:
−Removed: Inventories (2)
+Added: Inventories, net (2)
$ 556,530 $ 605,968 $ 521,827 $ 457,927 $ 487,997
3 unchanged sentences
353,181 371,507 — — —
−Removed: Note payable to related party — — — 14,053 15,030
−Removed: (1) The year-ended December 31, 2019 reflects the impact from the adoption of ASU 2016-02, Leases.
−Removed: Refer to Note 10 in Item 8 of this annual report for additional information.
−Removed: (2) The year-ended December 31, 2018 reflects the impact from adoption of ASU 2014-09, Revenue from Contracts with Customers.
−Removed: Refer to Note 3 in Item 8 of this annual report for additional information.
(1) The year-ended December 31, 2017 reflects the provisional impact from the enactment of the Tax Cuts and Jobs Act in December 2017.
−Removed: Refer to Note 11 in Item 8 of this annual report for additional information.
+Added: (2) The year-ended December 31, 2018 reflects the impact from adoption of ASU 2014-09, Revenue from Contracts with Customers.
+Added: (3) The year-ended December 31, 2019 reflects the impact from the adoption of ASU 2016-02, Leases.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.