Company: UAA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001336917-25-000136
Chunk: 110

Company: Under Armour, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 110
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 CODM receives discrete financial information for the Company's principal business by geographic region based on the Company's strategy of being a global brand. These geographic regions include North America, EMEA, Asia-Pacific and Latin America. Each geographic segment operates exclusively in one industry: the development, marketing and distribution of branded performance apparel, footwear and accessories. The CODM uses operating income (loss) as the measure of profit or loss when making decisions about the allocation of resources to each operating segment during the annual budget and forecasting process, taking into consideration performance against management expectations and performance against other operating segment results. Segment assets and expenditures for additions to long-lived assets are not disclosed as this information is not regularly provided to the CODM.The Company excludes certain corporate items from its segment profitability measures. The Company reports these items within Corporate Other, which is designed to provide increased transparency and comparability of the Company's operating segments' performance. Corporate Other consists primarily of (i) general and administrative expenses not allocated to an operating segment, including expenses associated with centrally managed departments such as global marketing, global information technology, global supply chain and innovation, and other corporate support functions; (ii) restructuring and restructuring related charges, if any; and (iii) certain foreign currency hedge gains and losses.The following tables summarize the Company's net revenues, significant expenses and operating income (loss) by its geographic segments, including a reconciliation to income before taxes. Intercompany balances are eliminated in consolidation and are not reviewed when evaluating segment performance. 

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Three months ended June 30, 2025North AmericaEMEAAsia-PacificLatin AmericaTotal Reportable SegmentsCorporate OtherTotalNet revenues$670,319 $248,607 $163,386 $54,575 $1,136,887 $(2,819)$1,134,068 Less:Marketing and advertising costs47,758 19,238 19,756 1,354 88,106 22,652 110,758 Other segment expenses(1)(2)501,124 189,726 128,927 46,615 866,392 153,595 1,019,987 Total operating income (loss)$121,437 $39,643 $14,703 $6,606 $182,389 $(179,066)$3,323 Interest income (expense), net(4,051)Other income (expense), net(4,695)Income (loss) before income taxes$(5,423