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

Company: Under Armour, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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 shares withheld for income taxes(7,736)(8,399)Excise tax paid on repurchases of common stock(743)— Proceeds from exercise of stock options and other stock issuances1,174 1,314 Payments of debt financing costs(7,233)(1,388)Net cash provided by (used in) financing activities560,462 (129,392)Effect of exchange rate changes on cash, cash equivalents and restricted cash2,822 14,023 Net increase (decrease) in cash, cash equivalents and restricted cash(115,280)(327,069)Cash, cash equivalents and restricted cashBeginning of period515,051 876,917 End of period$399,771 $549,848 Non-cash investing and financing activitiesChange in accrual for property and equipment$(17,919)$1,974 

Reconciliation of cash, cash equivalents and restricted cashSeptember 30, 2025September 30, 2024Cash and cash equivalents$395,991 $530,701 Restricted cash3,780 19,147 Total cash, cash equivalents and restricted cash$399,771 $549,848 

See accompanying notes.

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UNDER ARMOUR, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited; Tabular amounts in thousands, except per share data)

INDEX

Note 1Description of Business and Basis of Presentation8Note 2Recent Accounting Pronouncements9Note 3Property and Equipment10Note 4Leases10Note 5Goodwill11Note 6Supply Chain Finance Program11Note 7Credit Facility and Other Long Term Debt12Note 8Commitments and Contingencies14Note 9Stockholders' Equity17Note 10Revenues18Note 11Restructuring and Related Charges19Note 12Stock-Based Compensation20Note 13Fair Value Measurements23Note 14Risk Management and Derivatives24Note 15Provision for Income Taxes27Note 16Earnings Per Share29Note 17Segment Data29

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NOTE 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATIONBusinessUnder Armour, Inc. (together with its wholly owned subsidiaries, the "Company") is a developer, marketer and distributor of branded athletic performance apparel, footwear and accessories. The Company creates products engineered to make athletes better with a vision to inspire athletes with innovative performance and design solutions they can't live without. The