Company: UAA
Filing Date: 2025-05-22
Form Type: 10-K
Source: 0001336917-25-000078
Chunk: 103

Company: Under Armour, Inc.
Filing Date: 2025-05-22
Form: 10-K
Item: Item 8
Chunk 103
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165,461 Long-term debt, net of current maturities (Note 9)595,125 594,873 Operating lease liabilities, non-current (Note 5)574,277 627,665 Other long-term liabilities132,048 219,449 Total liabilities2,410,593 2,607,448 Stockholders' equity (Note 11)Class A Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of March 31, 2025 and March 31, 2024; 188,822,726 shares issued and outstanding as of March 31, 2025 (March 31, 2024: 188,802,043) 63 63 Class B Convertible Common Stock, $0.0003 1/3 par value; 34,450,000 shares authorized, issued and outstanding as of March 31, 2025 and March 31, 202411 11 Class C Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of March 31, 2025 and March 31, 2024; 202,720,745 shares issued and outstanding as of March 31, 2025 (March 31, 2024: 212,711,353)67 70 Additional paid-in capital1,237,798 1,181,854 Retained earnings746,277 1,048,411 Accumulated other comprehensive income (loss)(93,938)(77,123)Total stockholders' equity1,890,278 2,153,286 Total liabilities and stockholders' equity$4,300,871 $4,760,734 

Commitments and Contingencies (Note 10)

Related Party Transactions (Note 21)

See accompanying notes.

46

 Under Armour, Inc. and Subsidiaries 

Consolidated Statements of Operations

(In thousands, except per share amounts)

 Year Ended March 31,202520242023Net revenues (Note 12)$5,164,310 $5,701,879 $5,903,165 Cost of goods sold2,689,566 3,071,626 3,259,334 Gross profit2,474,744 2,630,253 2,643