SEC Info - Columbia Sportswear Co - ‘10-Q’ for 9/30/17

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Columbia Sportswear Co – ‘10-Q’ for 9/30/17 – ‘EX-10.1’

On: Thursday, 11/2/17, at 2:42pm ET · For: 9/30/17 · Accession #: 1050797-17-43 · File #: 0-23939

  As Of               Filer                 Filing    For·On·As Docs:Size

11/02/17  Columbia Sportswear Co            10-Q        9/30/17   66:6.9M

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    592K 
 2: EX-10.1     Employment Offer Letter Between Columbia            HTML     32K 
                Sportswear Company and Franco Fogliato                           
 3: EX-31.1     Rule 13A-14(A) Certification of Timothy P. Boyle,   HTML     26K 
                President & CEO                                                  
 4: EX-31.2     Rule 13A-14(A) Certification of Jim A. Swanson,     HTML     26K 
                Svp & CFO                                                        
 5: EX-32.1     Section 1350 Certification of Timothy P. Boyle,     HTML     22K 
                President & CEO                                                  
 6: EX-32.2     Section 1350 Certification of Jim A. Swanson, Svp   HTML     22K 
                & CFO                                                            
13: R1          Document And Entity Information                     HTML     38K 
14: R2          Condensed Consolidated Balance Sheets               HTML    116K 
15: R3          Condensed Consolidated Balance Sheets               HTML     41K 
                (Parenthetical)                                                  
16: R4          Condensed Consolidated Statements Of Operations     HTML     73K 
17: R5          Condensed Consolidated Statements Of Comprehensive  HTML     45K 
                Income                                                           
18: R6          Condensed Consolidated Statements Of Comprehensive  HTML     28K 
                Income (Parenthetical)                                           
19: R7          Condensed Consolidated Statements Of Cash Flows     HTML    113K 
20: R8          Basis Of Presentation And Organization              HTML     29K 
21: R9          Summary Of Significant Accounting Policies          HTML     34K 
22: R10         Non-Controlling Interest                            HTML     79K 
23: R11         Intangible Assets, Net and Goodwill                 HTML     57K 
24: R12         Product Warranty                                    HTML     42K 
25: R13         Stock-Based Compensation                            HTML     68K 
26: R14         Accumulated Other Comprehensive Income              HTML    102K 
27: R15         Earnings Per Share                                  HTML     51K 
28: R16         Segment Information                                 HTML     76K 
29: R17         Financial Instruments And Risk Management           HTML    113K 
30: R18         Commitments And Contingencies                       HTML     24K 
31: R19         Fair Value Measures                                 HTML    171K 
32: R20         Related Party Transactions                          HTML     32K 
33: R21         Non-Controlling Interest (Tables)                   HTML     76K 
34: R22         Intangible Assets, Net and Goodwill (Tables)        HTML     54K 
35: R23         Product Warranty (Tables)                           HTML     42K 
36: R24         Stock-Based Compensation (Tables)                   HTML     66K 
37: R25         Accumulated Other Comprehensive Income (Tables)     HTML    101K 
38: R26         Earnings Per Share (Tables)                         HTML     43K 
39: R27         Segment Information (Tables)                        HTML     75K 
40: R28         Financial Instruments And Risk Management (Tables)  HTML    110K 
41: R29         Fair Value Measures (Tables)                        HTML    166K 
42: R30         Non-Controlling Interest Non-Controlling Interest   HTML     22K 
                (Narrative) (Details)                                            
43: R31         Non-Controlling Interest Non-Controlling Interest   HTML     69K 
                (Schedule of Equity) (Details)                                   
44: R32         Intangible Assets, Net and Goodwill (Narrative)     HTML     31K 
                (Details)                                                        
45: R33         Intangible Assets, Net and Goodwill (Summary Of     HTML     38K 
                Identifiable Intangible Assets) (Details)                        
46: R34         Intangible Assets, Net and Goodwill Schedule of     HTML     33K 
                Estimated Five Year Amortization Expense (Details)               
47: R35         Intangible Assets, Net and Goodwill Range           HTML     25K 
                (Details)                                                        
48: R36         Product Warranty (Reconciliation Of Product         HTML     31K 
                Warranties) (Details)                                            
49: R37         Stock-Based Compensation (Narrative) (Details)      HTML     35K 
50: R38         Stock-Based Compensation (Summary Of Stock-Based    HTML     28K 
                Compensation Expense) (Details)                                  
51: R39         Stock-Based Compensation (Schedule Of Weighted      HTML     36K 
                Average Assumptions) (Details)                                   
52: R40         Stock-Based Compensation (Schedule Of Weighted      HTML     31K 
                Average Assumptions For Restricted Stock Units)                  
                (Details)                                                        
53: R41         Accumulated Other Comprehensive Income (Details)    HTML     47K 
54: R42         Earnings Per Share (Narrative) (Details)            HTML     42K 
55: R43         Earnings Per Share (Reconciliation Of Common        HTML     39K 
                Shares Used In Denominator For Computing Basic And               
                Diluted EPS) (Details)                                           
56: R44         Segment Information (Schedule Of Segment            HTML     54K 
                Information) (Details)                                           
57: R45         Financial Instruments And Risk Management           HTML     29K 
                (Narrative) (Details)                                            
58: R46         Financial Instruments And Risk Management (Gross    HTML     28K 
                Notional Amount Of Outstanding Derivative                        
                Instruments) (Details)                                           
59: R47         Financial Instruments And Risk Management (Balance  HTML     40K 
                Sheet Classification And Fair Value Of Derivative                
                Instruments) (Details)                                           
60: R48         Financial Instruments And Risk Management (Effect   HTML     46K 
                And Classification Of Derivative Instruments)                    
                (Details)                                                        
61: R49         Commitments And Contingencies (Details)             HTML     22K 
62: R50         Fair Value Measures (Assets And Liabilities         HTML    101K 
                Measured At Fair Value On A Recurring Basis)                     
                (Details)                                                        
63: R51         Related Party Transactions Related Party            HTML     45K 
                Transactions (Details)                                           
65: XML         IDEA XML File -- Filing Summary                      XML    118K 
64: EXCEL       IDEA Workbook of Financial Reports                  XLSX     60K 
 7: EX-101.INS  XBRL Instance -- colm-20170930                       XML   2.35M 
 9: EX-101.CAL  XBRL Calculations -- colm-20170930_cal               XML    168K 
10: EX-101.DEF  XBRL Definitions -- colm-20170930_def                XML    551K 
11: EX-101.LAB  XBRL Labels -- colm-20170930_lab                     XML   1.07M 
12: EX-101.PRE  XBRL Presentations -- colm-20170930_pre              XML    665K 
 8: EX-101.SCH  XBRL Schema -- colm-20170930                         XSD    109K 
66: ZIP         XBRL Zipped Folder -- 0001050797-17-000043-xbrl      Zip    182K

‘EX-10.1’ — Employment Offer Letter Between Columbia Sportswear Company and Franco Fogliato

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

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Exhibit

EXHIBIT 10.1

July 28, 2017

Franco Fogliato

XXXXXXXXXXX

XXXXX Pringy

France

Dear Franco:

This letter is to confirm the adjustment to your role of Executive Vice President, America General Manager. You will function as leadership for the operational execution of the America’s business in partnership with the family of brands across Columbia Sportswear Company. You will be reporting directly to Tim Boyle, Chief Executive Officer and President, Columbia Sportswear Company.

At this time we are targeting a start date of August 1, 2017 in your new role. The effective date of this role is contingent upon the issuance of the required authorizations permitting you to work in and reside in the United States as necessary for this role. Below are the details of your new compensation package:

Bi-Weekly Rate: $ 19,230.77

Annualized Rate: $ 500,000.00

Annual Bonus Target: 70% of Base Annual Pay

Your compensation for this position will be bi-weekly as noted above, less required withholding and deductions, payable in accordance with the Company’s customary payroll procedures.

You will continue to be eligible for consideration in Columbia Sportswear’s discretionary annual performance incentive program. The goal of this program is to reward employees based on both individual employee performance and the Company’s annual business results. Your specific incentive target is listed above as a percentage of your annual base salary. All compensation programs are reviewed and modified periodically at the Company’s discretion.

Your target bonus year of 2017 will continue to be in the format that was determined for your role of SVP, EMEA General Manager. The target is based on the Annual Regional Bonus Plan with a mix of components; 20 Corporate/60 Regional/20 Individual. The regional success is measured by the targets for the direct and distributors outcomes that have been agreed upon with you at the beginning of 2017. These allocations are computed in the following allocations of weighting, 75% Direct/25% Distributor. The salary for your role of EVP, Americas GM will be used along with the targets above in determining the potential bonus payment. The effective measurement dates for this bonus target are January 1, 2017 through December 31, 2017.

This agreement for the role of Executive Vice President, America’s General Manager will terminate the contract that you have for the role as Senior Vice President, EMEA General Manager for the company in Geneva, Switzerland.

In addition the company is prepared to assist you in your relocation to the United States for this role.

You will be eligible for the following assistance:


•	Home Finding Assistance


•	Temporary Housing


•	Move of Household Goods


•	Immigration and Taxation Assistance


•	Storage Assistance for 30 Days

In the event of voluntary termination of employment for any reason all relocation benefits will cease as of the date of the termination. In addition, if the date of termination is within two years of the effective date of relocation, you will be required to repay a prorated portion of the relocation costs based on the number of months worked between relocation and termination of employment.

You will also be eligible for housing assistance in the annual amount of Sixty Thousand Dollars and Zero Cents ($60,000.00). This will be paid in equal monthly installments, in conjunction with the first payroll of the month. The allowance is subject to applicable Federal and State taxation. This housing allowance is not a guarantee for the role or the employee and is subject to approval from the Compensation Committee for its ongoing applicability to the role and the employee. This allowance will be reviewed on an annual basis with the Compensation Committee.

You will also be eligible for education support of your two dependent students in school up to and including the 12^th Grade of High School. The amount of support at Forty Thousand Dollars and Zero Cents ($40,000.00) will be paid in equal monthly installments, in conjunction with the first payroll of the month. The allowance is subject to applicable Federal and State taxation. This educational allowance is not a guarantee for the role or the employee and is subject to approval from the Compensation Committee for its ongoing applicability to the role and the employee. This allowance will be reviewed on an annual basis with the Compensation Committee.

Please find a copy of the relocation assistance you will receive in more detail attached. You will receive an agreement specifically related to this move by July 19, 2017.

Based on your new position you will now be eligible for the following benefits:

Executive Long Term Disability - This is a supplemental long term disability plan for executives. Please watch for a communication for our Benefits Manager, Beth Wachtman, detailing your enrollment in this program.

Travel - Profile will be updated to Business Class

Parking - Assignment of designated parking space. The real estate team will be contacting you with additional information.

Your employment continues to be at-will, meaning that either you or the company may end employment at any time with or without cause. Please return the signed original of this letter to me and keep the copy for your files. This offer will remain in effect until the end of July 31, 2017. This offer requires that you sign a Proprietary Information and Non-Competition Agreement, an Employee Confidentiality and Non-Solicitation Agreement and a Change in Control Severance Plan with Columbia Sportswear. Congratulations on your new role!

Sincerely,

Richelle Luther

Chief Human Resources Officer

Senior Vice President Human Resources

RELOCATION ASSISTANCE ELEMENTS

House Hunting Trip

Flight

Rental Car

Meals (per person)

Hotel

Full Day Rental Tour

Temp Housing 30 Days

Family Temp Housing

Rental Car

Settling In Service

Storage over 30 days/Taxable Final Move

60 days Storage

Final Move (meals)

International Relocation Assistance

Miscellaneous Allowance

Taxable relocation benefit

Tax Gross up estimate (on items highlighted)

Final Move (airfare)

Household Goods (20' container & 30 days storage)

Household Goods Air Shipment

Immigration Expense- Initial L1A & L2

Immigration Future (if qualifies as Multi-National Mgr)

Tax Consult & Preparation: Dual Country 2017

Tax Preparation: Dual Country 2018

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-Q’ Filing	Date	Other Filings

	12/31/17	10-K, 5, SD
Filed on:	11/2/17
For Period end:	9/30/17
	8/1/17
	7/31/17
	7/28/17
	7/19/17
	1/1/17
		List all Filings

4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/26/24  Columbia Sportswear Co.           10-K       12/31/23  107:12M
 2/23/23  Columbia Sportswear Co.           10-K       12/31/22  105:13M
 2/24/22  Columbia Sportswear Co.           10-K       12/31/21   97:12M
 2/25/21  Columbia Sportswear Co.           10-K       12/31/20   98:11M

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Filing Submission 0001050797-17-000043 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)