QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
+Added: COLUMBIA SPORTSWEAR COMPANY | 2025 FORM 10-K | 33
In the normal course of business, our financial position, results of operations, and cash flows are subject to a variety of risks, including risks associated with global financial and capital markets, primarily currency exchange rate risk and, to a lesser extent, interest rate risk.
10 unchanged sentences
Non-functional currency denominated monetary assets and liabilities consist of cash and cash equivalents, short-term investments, receivables, payables, deferred income taxes, and intercompany loans and dividends.
−Removed: The net fair value of our derivative contracts wa s favorable by $32.0 million as of December 31, 2024.
+Added: The net fair value of our derivative contracts wa s unfavorable by $5.7 million as of December 31, 2025, compared to a favorable $32.0 million as of December 31, 2024, reflecting changes in foreign currency rates.
A 10% unfavorable exchange rate change in the euro, franc, Canadian dollar, yen, renminbi, won, pound sterling, krone, zloty, krona and koruna against the U.S.
4 unchanged sentences
Fluctuations in short-term interest rates cause interest payments on drawn amounts to increase or decrease.
−Removed: As of December 31, 2024, no balance was outstanding under our credit facilities.
+Added: As of December 31, 2025 and December 31, 2024, no balance was outstanding under our credit facilities.
COMMODITY PRICE RISK
1 unchanged sentence
These raw materials are purchased directly by our contract manufacturers.
−Removed: COLUMBIA SPORTSWEAR COMPANY | 2024 FORM 10-K | 34
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.