Company: UAA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001336917-25-000136
Chunk: 106

Company: Under Armour, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 106
---
$11,940 Derivatives not designated as hedging instrumentsOther current assets$409 $78 Total derivative assets not designated as hedging instruments$409 $78 Other current liabilities$1,172 $1,590 Total derivative liabilities not designated as hedging instruments$1,172 $1,590 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 June 30,20252024TotalAmount of Gain (Loss) on Cash Flow Hedge ActivityTotalAmount of Gain (Loss) on Cash Flow Hedge ActivityNet revenues$1,134,068 $(2,897)$1,183,665 $75 Cost of goods sold$587,572 $5,662 $620,990 $(3,161)Interest income (expense), net$(4,051)$(9)$2,344 $(9)Other income (expense), net$(4,695)$— $(2,730)$— 

22

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 March 31, 2025Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of June 30, 2025Foreign currency contracts$7,081 $(62,882)$2,765 $(58,566)Interest rate swaps(386)— (9)(377)Total designated as cash flow hedges$6,695 $(62,882)$2,756 $(58,943)Balance as of March 31, 2024Amount of gain (loss) recognized in other comprehensive income (loss) on derivativesAmount of gain (loss) reclassified from other comprehensive income (loss) into incomeBalance as of June 30, 2024Foreign currency contracts$(10,645)$20,356 $(3,086)$12,797 Interest rate swaps(422)— (9)(413)Total designated as cash flow hedges$(11,067)$20,356 $(3,095)$12,384 The following table presents the amounts in the Condensed Consolidated Statements of Operations in which the effects of undesignated derivative instruments are