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Columbia Sportswear Company Message Board

  • imaprisonerofrock imaprisonerofrock Mar 14, 2006 5:34 PM Flag

    Interesting Omission From 2005 10k

    In the 2005 10K filed today, COLM omitted the December 31, 2005 backlog figure, opting instead to publish the March 31 backlog figure in the next 10Q, saying that March 31's figure is a more meaningful indicator of future sales than the backlog at December 31. However, in the 2004 10K management was more than happy to publish the backlog figure ($409.1MM). As backlog represents 35%-40% of annual revenue the omission from this years 10K raises a big red flag as to some serious potential weakness in bookings.

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