Company: UAA
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001336917-25-000016
Chunk: 113

Company: Under Armour, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 8
Chunk 113
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(2,431)599,230 1,794,703 2,649 1,797,352 Income (loss) from operations69,520 1,889 71,409 236,209 (2,904)233,305 Interest income (expense), net(211)— (211)(2,210)— (2,210)Other income (expense), net49,636 (1,709)47,927 36,822 (1,059)35,763 Income (loss) before income taxes118,945 180 119,125 270,821 (3,963)266,858 Income tax expense (benefit) 4,999 3,570 8,569 38,464 2,869 41,333 Income (loss) from equity method investments197 — 197 (51)— (51)Net income (loss)$114,143 $(3,390)$110,753 $232,306 $(6,832)$225,474 Basic net income (loss) per share$0.26 $(0.01)$0.25 $0.53 $(0.02)$0.51 Diluted net income (loss) per share$0.26 $(0.01)$0.25 $0.52 $(0.02)$0.50 Condensed Consolidated Statements of Cash Flows Nine Months Ended December 31, 2023(in thousands)As Previously ReportedAdjustmentAs RevisedCash flows from operating activitiesNet income (loss)$232,306 $(6,832)$225,474 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activitiesDepreciation and amortization106,685 (4,572)102,113 Unrealized foreign currency exchange rate (gain) loss(904)— (904)Loss on disposal of property and equipment746 — 746 Amortization of bond premium and debt issuance costs1,565 — 1,565 Stock-based compensation33,163 — 33,163 Deferred income taxes(24,430)— (24,430)Changes in reserves and allowances25,085 — 25,085 Changes in operating assets and liabilities:Accounts receivable55,912 2,132 58,044 Inventories71,400