I need help looking up this information for Under Armour Inc. SEC 10K Respond to
ID: 2333093 • Letter: I
Question
I need help looking up this information for Under Armour Inc. SEC 10K
Respond to one or more question(s) from each of the three categories below.
Category: Capital stock
1. Describe the composition of your corporation's contributed capital [Hint: contributed capital includes common and preferred stock plus any paid in capital in excess of par (or stated value)].
2. Describe any other accounts reported in the Stockholder's Equity section of the Balance Sheet.
3. Discuss Treasury Stock transactions during the current year, if any.
Category: Retained Earnings
1. Use the following equation and show how the Retained Earnings account has changed during the year. [Hint: the beginning balance of Retained Earnings is also equal to the ending balance of Retained Earnings in the prior year.]
Retained earnings, beginning balance
+ Net Income
- Dividends
= Retained earnings, ending balance
[Note: if the Statement of Stockholder's Equity shows other accounts in the computation of Retained Earnings, please ask the professor for guidance]
Category: Analysis
1. Calculate the following ratios for the most current year and comment on the results of your ratio analysis.
a. Return on stockholder's equity
b. Earnings per share
Explanation / Answer
Category: Retained Earnings for the year ended on December 31, 2017
Less: Employee taxes paid for shares withheld for income taxes
[Shares withheld in consideration of employee tax obligations relative to stock based compensation arrangements - Restricted Stock units]
Amount (In thousands) Beginning balance $1,259,414 Add: Net loss for the year 2017 ($48,260)Less: Employee taxes paid for shares withheld for income taxes
[Shares withheld in consideration of employee tax obligations relative to stock based compensation arrangements - Restricted Stock units]
($2,781) Less: Impact of adoption of accounting standard updates [Change in accounting standards] ($23,932) Less: Dividends paid during the year Nil Ending balance as on December 31, 2017 $1,184,441Related Questions
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