Under Armour 2011 Annual Report Download - page 9

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UNDER ARMOUR, INC.
ANNUAL REPORT ON FORM 10-K
TABLE OF CONTENTS
PART I.
Item 1. Business
General ................................................................ 1
Products ............................................................... 1
Marketing and Promotion .................................................. 2
Sales and Distribution .................................................... 3
Seasonality ............................................................. 5
Product Design and Development ........................................... 6
Sourcing, Manufacturing and Quality Assurance ............................... 6
Inventory Management .................................................... 7
Intellectual Property ...................................................... 7
Competition ............................................................ 8
Employees ............................................................. 8
Available Information .................................................... 8
Item 1A. Risk Factors ................................................................ 9
Item 1B. Unresolved Staff Comments ................................................... 19
Item 2. Properties .................................................................. 20
Item 3. Legal Proceedings ........................................................... 20
Executive Officers of the Registrant ............................................. 21
Item 4. Mine Safety Disclosures ....................................................... 22
PART II.
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities ........................................................ 23
Item 6. Selected Financial Data ....................................................... 26
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations . . 26
Item 7A. Quantitative and Qualitative Disclosures About Market Risk .......................... 43
Item 8. Financial Statements and Supplementary Data ..................................... 45
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial
Disclosure ................................................................ 73
Item 9A. Controls and Procedures ....................................................... 73
Item 9B. Other Information ............................................................ 73
PART III.
Item 10. Directors, Executive Officers and Corporate Governance ............................. 74
Item 11. Executive Compensation ...................................................... 74
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters .................................................................. 74
Item 13. Certain Relationships and Related Transactions, and Director Independence .............. 74
Item 14. Principal Accountant Fees and Services .......................................... 74
PART IV.
Item 15. Exhibits and Financial Statement Schedules ....................................... 75
SIGNATURES .......................................................................... 78