Company: UAA
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001336917-25-000016
Chunk: 71

Company: Under Armour, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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,753 $(133,810)$225,474 Interest on Convertible Senior Notes due 2024, net of tax (1)(2)— 225 — 675 Net income (loss) - Diluted$1,234 $110,978 $(133,810)$226,149 DenominatorWeighted average common shares outstanding Class A, B and C - Basic431,744 437,314 433,212 441,893 Dilutive effect of Class A, B, and C securities (1)5,553 2,879 — 2,073 Dilutive effect of Convertible Senior Notes due 2024 (1)(2)— 8,242 — 8,242 Weighted average common shares and dilutive securities outstanding Class A, B, and C437,297 448,435 433,212 452,208 Class A and Class C securities excluded as anti-dilutive (3)1,721 12,953 10,588 16,446 Basic net income (loss) per share of Class A, B and C common stock$0.00 $0.25 $(0.31)$0.51 Diluted net income (loss) per share of Class A, B and C common stock$0.00 $0.25 $(0.31)$0.50 (1) Effects of potentially dilutive securities are presented only in periods in which they are dilutive. No stock options, restricted stock units, or effects from the Convertible Senior Notes due 2024 are included in the computation of diluted earnings per share during periods when the Company is in the net loss position, as their effect would be anti-dilutive.(2) The Company's Convertible Senior Notes matured on June 1, 2024. Upon maturity, the Company repaid the approximately $80.9 million aggregate principal amount of the Convertible Senior Notes outstanding using cash on hand. Refer to Note 9 of these Condensed Consolidated Financial Statements for additional details.(3) Represents stock options and restricted stock units of Class A and Class C Common Stock outstanding that were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.

NOTE 20. SEGMENT DATA

The Company's operating segments are based on how the Chief Operating Decision Maker ("CODM") makes decisions about allocating resources and assessing performance. As such