Company: UAA
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001336917-25-000016
Chunk: 29

Company: Under Armour, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 63 63 Class B Convertible Common Stock, $0.0003 1/3 par value; 34,450,000 shares authorized, issued and outstanding as of December 31, 2024 and March 31, 202411 11 Class C Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of December 31, 2024 and March 31, 2024; 206,495,528 shares issued and outstanding as of December 31, 2024 (March 31, 2024: 212,711,353)68 70 Additional paid-in capital1,224,337 1,181,854 Retained earnings840,288 1,048,411 Accumulated other comprehensive income (loss)(80,044)(77,123)Total stockholders' equity1,984,723 2,153,286 Total liabilities and stockholders' equity$4,630,965 $4,760,734 

Commitments and Contingencies (Note 10)

See accompanying notes.

1

Table of Contents            

 Under Armour, Inc. and Subsidiaries 

Condensed Consolidated Statements of Operations

(Unaudited; In thousands, except per share amounts)

 Three Months Ended December 31,Nine Months Ended December 31,2024202320242023Net revenues (Note 12)$1,401,039 $1,486,043 $3,983,727 $4,369,682 Cost of goods sold735,884 815,404 2,059,765 2,339,025 Gross profit665,155 670,639 1,923,962 2,030,657 Selling, general and administrative expenses637,701 599,230 1,994,858 1,797,352 Restructuring charges (Note 13)13,945 — 42,243 — Income (loss) from operations13,509 71,409 (113,139)233,305 Interest income (expense), net(3,391)(211)(2,794)(2,210)Other income (expense), net(2,563)47,927 (8,713)35,763 Income (loss) before income taxes7,555 119,125 (124,