Company: UAA
Filing Date: 2025-05-22
Form Type: 10-K
Source: 0001336917-25-000078
Chunk: 107

Company: Under Armour, Inc.
Filing Date: 2025-05-22
Form: 10-K
Item: Item 8
Chunk 107
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 operating activitiesNet income (loss)$(201,267)$232,042 $374,459 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activitiesDepreciation and amortization135,804 142,590 135,456 Unrealized foreign currency exchange rate (gain) loss(14,636)16,080 (8,463)Loss on disposal of property and equipment6,373 1,623 2,616 Non-cash restructuring and impairment charges53,765 6,179 1,959 Amortization of bond premium and debt issuance costs2,319 2,034 2,192 Stock-based compensation52,974 42,998 36,811 Deferred income taxes(61,794)(23,693)(153,143)Changes in reserves and allowances4,409 13,612 11,696 Changes in operating assets and liabilities:Accounts receivable79,981 (3,906)(60,910)Inventories10,941 216,484 (368,992)Prepaid expenses and other assets13,116 (29,060)(37,907)Other non-current assets(41,777)34,920 (60,944)Accounts payable(58,465)(197,887)76,280 Accrued expenses and other liabilities(62,675)(18,267)(9,388)Customer refund liabilities6,805 (21,427)851 Income taxes payable and receivable14,808 (60,352)17,541 Net cash provided by (used in) operating activities(59,319)353,970 (39,886)Cash flows from investing activitiesPurchases of property and equipment(168,684)(150,333)(158,066)Sale of MyFitnessPal platform50,000 45,000 35,000 Sale of MapMyFitness platform8,000 — — Purchase of UNLESS COLLECTIVE, Inc, net of cash acquired(8,120)— — Purchase of equity method investment in ISC Sport(7,546)— — Net cash provided by (used in) investing activities(126,350)(105,333)(123,066)Cash flows from financing activitiesCommon stock repurchased(90,000)(75,000)(125,000)Repayment of long-term debt(80,919)— —