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1 Instructions: Prepare a Vertical Analysis of Under Arnour' s Incone Statement for the 2 years below Fill in the yellow boxes You nust use

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1 Instructions: Prepare a Vertical Analysis of Under Arnour' s Incone Statement for the 2 years below Fill in the yellow boxes You nust use fornulas vith cell references to get credi Nane: Under Armour, Inc. and Subsidiaries Consolidated Statements of Income In thousands, except per share amounts) Year Ended December 31 2013 Percent ( %) 2012 Percent (%) S 1834.921 955,624 879,297 670,602 208,695 5.183 11 Net revenues 2,332,051 1,195,381 1,136,670 871,572 265,098 2,933 2 Cost of goods sold 13 Gross profit 14 Selling. general and administrative expenses 5 Income from operations 16 Interest expense, net 7 Other expense, net 18 Income before income taxes 19 Provision for income taxes 20 Net income 21 Net income available per common share 22 Basic 23 Diluted 203.439 74,661 128,778 260,993 162,330 1.23 1.21 1.50 common shares outstanding 4 Weighted average 25 Basic 26 Diluted 27 28 105,348 107,979 104,343 106,380

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