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

Company: Under Armour, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 10
---
$11 209,058 $69 $1,212,378 $864,027 $(91,347)$1,985,201 

See accompanying notes.

5

UNDER ARMOUR, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 

(Unaudited; In thousands)

 Six Months Ended September 30,20252024Cash flows from operating activitiesNet income (loss)$(21,426)$(135,044)Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activitiesDepreciation and amortization56,245 65,565 Unrealized foreign currency exchange rate (gain) loss4,178 (14,535)Loss on disposal of property and equipment3,932 2,598 Non-cash restructuring and impairment charges29,052 3,679 Amortization of bond premium and debt issuance costs1,330 1,107 Stock-based compensation25,013 28,468 Deferred income taxes(20,456)(6,400)Changes in reserves and allowances(1,794)(607)Changes in operating assets and liabilities:Accounts receivable(15,240)31,461 Inventories(86,416)(144,058)Prepaid expenses and other assets(25,524)23,950 Other non-current assets(20,783)9,428 Accounts payable58,045 73,733 Accrued expenses and other liabilities(29,414)(107,102)Customer refund liabilities(10,862)5,671 Income taxes payable and receivable33,142 (6,323)Net cash provided by (used in) operating activities(20,978)(168,409)Cash flows from investing activitiesPurchases of property and equipment(55,851)(91,503)Purchase of restricted investment(601,235)— Sale of MyFitnessPal platform— 50,000 Sale of MapMyFitness platform— 8,000 Purchase of UNLESS COLLECTIVE, Inc, net of cash acquired(500)(9,788)Net cash provided by (used in) investing activities(657,586)(43,291)Cash flows from financing activitiesCommon stock repurchased(25,000)(40,000)Proceeds from long-term debt and revolving credit facility600,000 — Repayment of long-term debt— (80,919)Employee taxes paid for