Company: UAA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001336917-25-000198
Chunk: 29

Company: Under Armour, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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, with the timing and actual number of shares repurchased depending upon market conditions and other factors. As a result, $25.0 million was recorded to retained earnings to reflect the difference between the market price of the Class C Common Stock repurchased and its par value. No shares were repurchased under the share repurchase program during the three months ended June 30, 2025.During the six months ended September 30, 2024, under the above authorization, the Company repurchased $40 million of Class C Common Stock through accelerated share repurchase transactions and received a total of 5.9 million shares, which were immediately retired. As a result, $40.9 million was recorded to retained earnings to reflect the difference between the market price of the Class C Common Stock repurchased and its par value. No shares were repurchased under the share repurchase program during the three months ended September 30, 2024.As of the date of this Quarterly Report on Form 10-Q, the Company has repurchased a total of $115 million or 18.0 million outstanding shares of its Class C Common Stock, leaving approximately $385 million remaining under its current share repurchase program.

NOTE 10. REVENUESThe following tables summarize the Company's net revenues, disaggregated by product category and distribution channels: Three Months Ended September 30,Six Months Ended September 30,2025202420252024Net revenues by product category:Apparel$936,483 $947,188 $1,683,075 $1,704,980 Footwear263,626 312,760 529,481 623,149 Accessories113,077 116,381 213,155 208,926 Net Sales1,313,186 1,376,329 2,425,711 2,537,055 License revenues28,984 24,796 53,346 46,467 Corporate Other(8,790)(2,102)(11,609)(834)    Total net revenues$1,333,380 $1,399,023 $2,467,448 $2,582,688 Net revenues by distribution channel:Wholesale$775,050 $825,993 $1,424,100 $1,506,506 Direct-to-consumer538,136 550,336 1,001,611 1,030,