Company: UAA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001336917-25-000198
Chunk: 104

Company: Under Armour, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 104
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 CostsOther Restructuring Related CostsBalance as of March 31, 2025$3,935 $712 $10,698 Net additions (recoveries) charged to expense (1)8,628 1,734 7,837 Cash payments (5,078)(2,089)(15,461)Foreign exchange and other36 2 19 Balance as of September 30, 2025$7,521 $359 $3,093 (1) Amount excludes approximately $26.5 million of non-cash facility-related and other charges recorded during the six months ended September 30, 2025.

NOTE 12. STOCK-BASED COMPENSATIONThe Under Armour, Inc. Fourth Amended and Restated 2005 Omnibus Long-Term Incentive Plan as amended (the "2005 Plan") provides for the issuance of stock options, restricted stock, restricted stock units and other equity awards to officers, directors, key employees and other persons. The 2005 Plan terminates in 2033. As of September 30, 2025, 8.4 million Class A shares and 20.3 million Class C shares are available for future grants of awards under the 2005 Plan. 

20

Awards Granted to Employees and Non-Employee DirectorsTotal stock-based compensation expense associated with awards granted to employees and non-employee directors for the three and six months ended September 30, 2025 was $11.2 million and $21.9 million, respectively (three and six months ended September 30, 2024: $11.0 million and $25.4 million, respectively). As of September 30, 2025, the Company had $78.3 million of unrecognized compensation expense related to these awards expected to be recognized over a weighted average period of 2.26 years. The unrecognized expense does not include any expense related to performance-based restricted stock unit awards for which the performance targets have been deemed improbable as of September 30, 2025. Refer to "Stock Options" and "Restricted Stock and Restricted Stock Unit Awards" below for further information on these awards. A summary of each of these plans is as follows:Employee Stock Compensation PlanStock options, restricted stock and restricted stock unit awards under the 2005 Plan generally vest ratably over a period of two to five years. The contractual term for stock options is generally 10 years from the date of grant. The