Company: UAA
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001336917-25-000016
Chunk: 38

Company: Under Armour, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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used in) operating activitiesDepreciation and amortization106,685 (4,572)102,113 Unrealized foreign currency exchange rate (gain) loss(904)— (904)Loss on disposal of property and equipment746 — 746 Amortization of bond premium and debt issuance costs1,565 — 1,565 Stock-based compensation33,163 — 33,163 Deferred income taxes(24,430)— (24,430)Changes in reserves and allowances25,085 — 25,085 Changes in operating assets and liabilities:Accounts receivable55,912 2,132 58,044 Inventories71,400 1,178 72,578 Prepaid expenses and other assets(45,363)(10,898)(56,261)Other non-current assets42,149 (4,655)37,494 Accounts payable31,470 630 32,100 Accrued expenses and other liabilities(42,630)3,893 (38,737)Customer refund liability80 — 80 Income taxes payable and receivable5,884 2,869 8,753 Net cash provided by (used in) operating activities493,118 (16,255)476,863 Cash flows from investing activitiesPurchases of property and equipment(132,796)16,255 (116,541)Sale of MyFitnessPal platform45,000 — 45,000 Net cash provided by (used in) investing activities(87,796)16,255 (71,541)Cash flows from financing activitiesNet cash provided by (used in) financing activities(74,985)— (74,985)Effect of exchange rate changes on cash, cash equivalents and restricted cash136 — 136 Net increase (decrease) in cash, cash equivalents and restricted cash330,473 — 330,473 Cash, cash equivalents and restricted cashBeginning of period727,726 (981)726,745 End of period$1,058,199 $(981)$1,057,218 

8

Management EstimatesThe preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Condensed Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting