Company: UAA
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001336917-25-000016
Chunk: 67

Company: Under Armour, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 67
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$559 Foreign currency contractsOther current liabilities$556 $600 Total derivative liabilities not designated as hedging instruments$556 $600 The following table presents the amounts in the Condensed Consolidated Statements of Operations in which the effects of cash flow hedges are recorded and the effects of cash flow hedge activity on these line items:Three Months Ended December 31,Nine Months Ended December 31,2024202320242023TotalAmount of Gain (Loss) on Cash Flow Hedge ActivityTotalAmount of Gain (Loss) on Cash Flow Hedge ActivityTotalAmount of Gain (Loss) on Cash Flow Hedge ActivityTotalAmount of Gain (Loss) on Cash Flow Hedge ActivityNet revenues$1,401,039 $(737)$1,486,043 $3,415 $3,983,727 $(3,891)$4,369,682 $8,961 Cost of goods sold$735,884 $329 $815,404 $(1,550)$2,059,765 $(3,242)$2,339,025 $(1,779)Interest income (expense), net$(3,391)$(9)$(211)$(9)$(2,794)$(27)$(2,210)$(27)Other income (expense), net$(2,563)$— $47,927 $— $(8,713)$— $35,763 $— 

26

The following tables present the amounts affecting the Condensed Consolidated Statements of Comprehensive Income (Loss) from derivatives designated as cash flow hedges: Balance as of September 30, 2024Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of December 31, 2024Foreign currency contracts$(22,304)$60,322 $(408)$38,426 Interest rate swaps(404)— (9)(395)Total designated as cash flow hedges$(22,708)$60,322 $(417)$38,031 Balance as of March 31, 2024Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of December 31, 2024Foreign currency contracts$(10,645)$41,938 $(7,133)$38,426 Interest