Company: UAA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001336917-25-000198
Chunk: 6

Company: Under Armour, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 net(942)(3,420)(5,637)(6,150)Income (loss) before income taxes7,499 167,913 2,076 (132,201)Income tax expense (benefit) (Note 15)25,940 (2,136)23,282 3,013 Income (loss) from equity method investments(373)333 (220)170 Net income (loss)$(18,814)$170,382 $(21,426)$(135,044)Basic net income (loss) per share of Class A, B and C common stock (Note 16)$(0.04)$0.39 $(0.05)$(0.31)Diluted net income (loss) per share of Class A, B and C common stock (Note 16)$(0.04)$0.39 $(0.05)$(0.31)Weighted average common shares outstanding Class A, B and C common stockBasic428,350 432,225 427,736 433,950 Diluted428,350 435,685 427,736 433,950 

See accompanying notes.

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Table of Contents            

UNDER ARMOUR, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Unaudited; In thousands)

 Three Months Ended September 30,Six Months Ended September 30,2025202420252024Net income (loss)$(18,814)$170,382 $(21,426)$(135,044)Other comprehensive income (loss):Foreign currency translation adjustment(1,916)9,306 27,620 (7,257)Unrealized gain (loss) on cash flow hedges, net of tax benefit (expense) of $(4,714) and $6,295 for the three months ended September 30, 2025 and 2024, respectively; $12,013 and $460 for the six months ended September 30, 2025 and 2024, respectively.12,742 (28,797)(36,169)(11,181)Gain (loss) on intra-entity foreign currency transactions1,186 4,978 2,038 4,214 Total other comprehensive income (loss)12,012 (14,513)(6,511)(14,224)Comprehensive income (loss)$(6