Company: UAA
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001336917-25-000016
Chunk: 114

Company: Under Armour, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 8
Chunk 114
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 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 period. These estimates, judgments and assumptions are evaluated on an on-going basis. The Company bases its estimates on historical experience and on various other assumptions that it believes are reasonable at that time; however, actual results could differ from these estimates. As the impacts of major global events continue to evolve, estimates and assumptions about future events and their effects cannot be determined with certainty and therefore require increased judgment. The extent to which the evolving events impact the Company's financial statements will depend on a number of factors including, but not limited to, any new information that may emerge concerning the severity of these major events and the actions that governments around the world may take in response. While the Company believes it has made appropriate accounting estimates and assumptions based