Question
have to r eformulate the statement of Shareholder Equit y. I do not understand, is anyone can help me to figure it out. Do I
have to reformulate the statement of Shareholder Equity. I do not understand, is anyone can help me to figure it out. Do I take the information from the balance sheet in stockholders equity?. Below the information form the stockholder equity from the balance sheet. The formula for reformulate the statement of shareholder equity:
Formula to reformulate the statement of Shareholder equity:
Beginning book value of common equity
+ Net effect of transactions with common shareholders
+Capital contribution
-share repurchase
-dividend
= Net cash distribution (negative net dividends)
+Effect of operations and non-equity financing
+Net income ( from income statement)
+other comprehensive income
-preferred dividends
= Comprehensive income available to common
Balance sheet from 10K
Under Armour, Inc. and Subsidiries
Consolidated Balance Sheets
(In thousands, except share data)
Financial Analysis for five years
Year 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Assets
Current assets 557,403 312,483 250,470 129,852 593,175
Account receivable, net 652,654 609,670 622,685 433,368 279,835
Deferred income taxes - - - 52,498
Inventories 1,019,496 1,158,548 917,491 783,031 536,714
Prepaid expenses and other current assets 364,183 256,978 174,507 152,242 87,177
Total Current Asset 2,593,736 2,337,679 1,965,153 1,498,493 1,549,399
Property and equipment, net 826,868 885,774 804,211 538,531 305,564
Goodwill 546,494 555,674 563,591 585,181 123,256
Intangible asset, net 41,793 46,995 64,310 75,686 26,230
Deferred income taxes 112,420 82,801 136,862 92,157 33,570
Other long term assets 123,819 97,444 110,204 78,582 57,064
Total Asset 4,245,130 4,006,367 3,644,331 2,868,630 2,095,083
Liabilities and Stockholders' Equity
Current liability
Revolving credit facility, current - 125,000 -
Account payable 560,884 561,108 409,679 200,460 210,432
Accrued expenses 340,415 296,841 208,750 192,935 147,681
Customer refund liability 301,421 - 42,000 28,951
Current maturities of long term debt 25,000 27,000 27,000 43,415 34,563
Other current liabilities 88,257 50,426 40,387 - -
Total current liabilities 1,315,977 1,060,375 685,816 478,810 421,627
Long term debt, net of current maturities 703,834 765,046 790,388 352,000 255,250
Revolving credit facility, long term - - - 275,000 -
Other long term liabilities 208,340 162,304 137,227 94,868 67,906
Total liabilities 2,228,151 1,987,725 1,613,431 1,200,678 744,783
Stockholders' equity
Class A Common Stock, $0.0003 1/3 par value; 400,000,000 shares 62 61 61
authorized as of December 31, 2018, and 2017; 187,710,319 shares issued
and outstanding as of December 31, 2018, and 185,257,423 shares issued
and outstanding as of December 31, 2017.
Class B Convertible Common Stock, $0.0003 1/3 par value; 34,450,000
shares authorized, issued and outstanding as of December 31, 2018 and 2017 11.00 11.00 11.00 61.00 59.00
Class C Common Stock, $0.0003 1/3 par value; 400,000,000 shares 75.00 74.00 73.00 11.00 12.00
authorized as of December 31, 2018 and 2017; 226,421,963 shares issued
and outstanding as of December 31, 2018, and 222,375,079 shares issued
and outstanding as of December 31, 2017.
Additional paid-in capital 916,628.00 872,266.00 823,484.00 636,630.00 508,350.00
Retained Earning 1,139,082.00 1,184,441.00 1,259,414.00 1,076,533.00 856,687.00
Accumulated other comprehensive loss (38,987.00) (38,211.00) (52,143.00) (45,013.00) (14,808.00)
Total Stockholder Equity $2,016,871.00 $2,018,642.00 $2,030,900.00 $1,668,222.00 $1,350,300.00
Total liabilities and stockholder equity $4,245,022.00 $4,006,367.00 $3,644,331.00 $2,868,900.00 $2,095,083.00
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