I am looking at the 2019 Annual Repot for UnderArmour but I have no idea what I am supposed to be looking for. I came across things mentioning EPS and P/E Ratios but I cannot locate these in their report. I'd appreciate any help possible as well kind of a breakdown as to how you found these things for future reference. Thank you.

2015 (1) Year Ended December 31, (in thousands, except per share amounts) 2019 2018 2017 2016 Net revenues $ 5,267,132 $ 5,193,185 $ 4,989,244 $ 4,833,338 $ 3,963,313 Cost of goods sold 2,796,599 2,852,714 2,737,830 2,584,724 2,057,766 Gross profit 2,470,533 2,340,471 2,251,414 2,248,614 1,905,547 Selling, general and administrative expenses 2,233,763 2,182,339 2,099,522 1,831,143 1,497,000 Restructuring and impairment charges 183,149 124,049 Income (loss) from operations 236,770 (25,017) 27,843 417,471 408,547 Interest expense, net (21,240) (33,568) (34,538) (26,434) (14,628) Other expense, net (5,688) (9,203) (3,614) (2.755) (7,234) Income (loss) before income taxes 209,842 (67,788) (10,309) 388,282 386,685 Income tax expense (benefit) 70,024 (20,552) 37,951 131,303 154,112 Income (loss) from equity method investment (47,679) 934 Net income (loss) 92,139 (46,302) (48,260) 256,979 232,573 Adjustment payment to Class C capital stockholders 59,000 Net income (loss) available to all stockholders $ 92,139 $ (46,302) $ (48,260) $ 197,979 $ 232,573 Net income available per common share Basic net income (loss) per share of Class A and B common stock 0.20 $ (0.10) $ (0.11) $ 0.45 0.54 Basic net income (loss) per share of Class C common stock $ 0.20 $ (0.10) $ (0.11) $ 0.72 0.54 Diluted net income (loss) per share of Class A and B common stock $ 0.20 $ (0.10) $ (0.11) $ 0.45 0.53 Diluted net income (loss) per share of Class C common stock 0.20 $ (0.10) $ (0.11) $ 0.71 $ 0.53 Weighted average common shares outstanding Class A and B common stock Basic 222,532 221,001 219,254 217,707 215,498 Diluted 223,206 221,001 219,254 221,944 220,868 Weighted average common shares outstanding Class C common stock Basic 228,431 224,814 221,475 218,623 215,498 Diluted 231,068 224,814 221,475 222,904 220,868 Dividends declared 59,000 $ $ $ $ $ $ 557,403 652,546 1,019,496 364.183 2,593,628 826,868 Assets Current assets Cash and cash equivalents Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property and equipment, net Operating lease right-of-use assets Goodwill Intangible assets, net Deferred income taxes Other long term assets Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued expenses Customer refund liabilities Operating lease liabilities Current maturities of long term debt Other current liabilities Total current liabilities Long term debt, net of current maturities Operating lease liabilities, non-current Other long term liabilities Total liabilities 788,072 $ 708,714 892,258 313,165 2,702,209 792,148 591,931 550,178 36,345 82,379 88,341 4,843,531 $ 546,494 41,793 112,420 123,819 4,245,022 $ $ 618,194 $ 374,694 219,424 125,900 560,884 340,415 301,421 83,797 1,422,009 592,687 580,635 98,113 2,693,444 25,000 88,257 1,315,977 703,834 208,340 2,228,151 62 62 11 11 Commitments and contingencies (see Note 8) Stockholders' equity Class A Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of December 31, 2019 and 2018; 188 289,680 shares issued and outstanding as of December 31, 2019, and 187,710,319 shares issued and outstanding as of December 31, 2018 Class B Convertible Common Stock, $0.0003 1/3 par value; 34,450,000 shares authorized, issued and outstanding as of December 31, 2019 and 2018 Class C Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of December 31, 2019 and 2018, 229,027,730 shares issued and outstanding as of December 31, 2019, and 226,421,963 shares issued and outstanding as of December 31, 2018 Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equity $ 76 75 973,717 1,226,986 (50,765) 2,150,087 4,843,531 $ 916,628 1,139,082 (38,987) 2,016,871 4,245,022 Under Armour, Inc. and Subsidiaries Consolidated Statements of Operations (In thousands, except per share amounts) $ Net revenues Cost of goods sold Gross profit Selling, general and administrative expenses Restructuring and impairment charges Income (loss) from operations Interest expense, net Other expense, net Income (loss) before income taxes Income tax expense (benefit) Income (loss) from equity method investment Net income (loss) Year Ended December 31, 2019 2018 5,267,132 $ 5,193,185 $ 2,796,599 2,852,714 2,470,533 2.340,471 2,233,763 2,182,339 183,149 236,770 (25,017) (21,240) (33,568) (5,688) (9,203) 209,842 (67,788) 70,024 (20,552) (47,679) 934 92,139 $ (46,302) $ 2017 4,989,244 2,737,830 2,251,414 2,099,522 124,049 27,843 (34,538) (3.614) (10,309) 37,951 $ (48,260) A A $ $ 0.20 0.20 $ $ (0.10) $ (0.10) $ (0.11) (0.11) Basic net income (loss) per share of Class A, B and C common stock Diluted net income (loss) per share of Class A, B and C common stock Weighted average common shares outstanding Class A, B and C common stock Basic Diluted 450,964 454,274 445,815 445,815 440,729 440,729 Under Armour, Inc. and Subsidiaries Consolidated Statements of Stockholders' Equity (In thousands) Class A Common Stock Shares Amount 183,815 61 609 Class B Convertible Common Stock Shares Amount 34,450 11 Class C Common Stock Shares Amount 220,174 73 556 Additional Paid-in- Capital 823,484 3,664 Retained Earnings 1.259,414 Accumulated Other Comprehensive Income (52.143) Total Equity $ 2,030.900 3.664 - - (65) - - (78) - (2.781) - (2.781) 898 - - 1,723 1 7.852 7,853 (23.932) | | | | (2.666) 39,93 (48,260) $ 1.184,441 13.932 (38.211) (26,598) 39.932 (34,328) $ 2.018.642 6,748 61 34,450 on 1 11 74 185,257 2,084 222,375 2.127 872,266 6,747 1 (23) - - (140) - - (2.564) (2.564) Balance as of December 31, 2016 Exercise of stock options Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements Issuance of Class A Common Stock, net of forfeitures Issuance of Class C Common Stack, net of forfeitures Impact of adoption of accounting standard updates Stock-based compensation expense Comprehensive income foss) Balance as of December 31, 2017 Excercise of stock options and warrants Shares withheld in consideration of employee tax obligations relative to Stock-based compensation arrangements Issuance of Class A Common Stack, net of forfeitures Issuance of Class C Common Stack, net of forfeitures Impact of adoption of accounting standard updates Stock-based compensation expense Comprehensive loss Balance as of December 31, 2018 Exercise of stock options Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements Issuance of Class A Common Stack, net of forfeitures Issuance of Class C Common Stack, net of forfeitures Stock-based compensation expense Comprehensive income (loss) Balance as of December 31, 2019 392 2,060 1 (4.168) (4.167) 3,507 3.507 III 41,783 (45,302) $ 1.139,082 (776) (38,987) 41,783 (47,078) $ 2,016,871 2,101 $ 62 34,450 11 40 75 187,710 441 226,422 293 916,625 2.101 (15) (227) (4.235) (4.235) 154 1 1 1 1 2.540 1 5,370 49,618 II 92,139 1.226,986 (11.778) (50,765) 5.371 49,618 80,361 $ 2.150.087 188,290 $ 62 34,450 11 229,028 76 973,717 12. Earnings per Share The calculation of earnings per share for common stock shown below excludes the income attributable to outstanding restricted stock awards from the numerator and excludes the impact of these awards from the denominator. The following is a reconciliation of basic earnings per share to diluted earnings per share: Year Ended December 31, In thousands, except per share amounts) 2019 2018 Numerator Net income (loss) 92,139 $ (46,302) $ (48,260) 2017 445,815 Denominator Weighted average common shares outstanding Class A, B and C Effect of dilutive securities Class A, B and C Weighted average common shares and dilutive securities outstanding Class A, B and C 450,964 3,310 440,729 454,274 445,815 440,729 Basic net income (loss) per share of Class A, B and C common stock $ 0.20 $ (0.10) $ (0.11) Diluted net income (loss) per share of Class A, B and C common stock $ 0.20 $ (0.10) $ (0.11) Effects of potentially dilutive securities are presented only in periods in which they are dilutive. Stock options, and restricted stock units representing 1.8 million, 3.3 million and 5.0 million shares of Class A and C common stock outstanding for the years ended December 31, 2019, 2018 and 2017, respectively, were excluded from the computation of diluted earnings per share because their effect would be anti- dilutive. Internet Case 12.7 - Analyzing Stockholders' Equity and EPS (MUST POST FIRST) Initial Post - As an employee, write an internal memo to your manager addressing the following: Using the Internet, locate the most recent annual report of a company of your choosing and write an initial post by responding to the following: Do not research the company listed in the text. For the most recent day indicated, what were the highest and lowest prices at which the company's common stock sold? Find the company's balance sheet and determine the following: the number of outstanding shares of common stock and the average price at which those shares were originally sold. What is the relationship between the current market price and the amount you have calculated in part b as the average price at which the stock originally sold? Find the company's income statement and identify the trend in basic earnings per share, including discontinued operations. Did discontinued operations have a significant impact on EPS? For the most recent year, what is the average number of shares of common stock that was used to compute basic earnings per share? Why is that number different from the number outstanding in the company's balance sheet? For your response post, you will be taking on the role of the manager and respond to your employee's memo. Inform the employee as to what specific managerial decisions, conclusions, and/or judgments can you make from the information provided in that memo. Do not respond to a memo that has already received a managerial response. Your initial post is due on Thursday and your response is due by 11:59 pm CT on Sunday. 2015 (1) Year Ended December 31, (in thousands, except per share amounts) 2019 2018 2017 2016 Net revenues $ 5,267,132 $ 5,193,185 $ 4,989,244 $ 4,833,338 $ 3,963,313 Cost of goods sold 2,796,599 2,852,714 2,737,830 2,584,724 2,057,766 Gross profit 2,470,533 2,340,471 2,251,414 2,248,614 1,905,547 Selling, general and administrative expenses 2,233,763 2,182,339 2,099,522 1,831,143 1,497,000 Restructuring and impairment charges 183,149 124,049 Income (loss) from operations 236,770 (25,017) 27,843 417,471 408,547 Interest expense, net (21,240) (33,568) (34,538) (26,434) (14,628) Other expense, net (5,688) (9,203) (3,614) (2.755) (7,234) Income (loss) before income taxes 209,842 (67,788) (10,309) 388,282 386,685 Income tax expense (benefit) 70,024 (20,552) 37,951 131,303 154,112 Income (loss) from equity method investment (47,679) 934 Net income (loss) 92,139 (46,302) (48,260) 256,979 232,573 Adjustment payment to Class C capital stockholders 59,000 Net income (loss) available to all stockholders $ 92,139 $ (46,302) $ (48,260) $ 197,979 $ 232,573 Net income available per common share Basic net income (loss) per share of Class A and B common stock 0.20 $ (0.10) $ (0.11) $ 0.45 0.54 Basic net income (loss) per share of Class C common stock $ 0.20 $ (0.10) $ (0.11) $ 0.72 0.54 Diluted net income (loss) per share of Class A and B common stock $ 0.20 $ (0.10) $ (0.11) $ 0.45 0.53 Diluted net income (loss) per share of Class C common stock 0.20 $ (0.10) $ (0.11) $ 0.71 $ 0.53 Weighted average common shares outstanding Class A and B common stock Basic 222,532 221,001 219,254 217,707 215,498 Diluted 223,206 221,001 219,254 221,944 220,868 Weighted average common shares outstanding Class C common stock Basic 228,431 224,814 221,475 218,623 215,498 Diluted 231,068 224,814 221,475 222,904 220,868 Dividends declared 59,000 $ $ $ $ $ $ 557,403 652,546 1,019,496 364.183 2,593,628 826,868 Assets Current assets Cash and cash equivalents Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property and equipment, net Operating lease right-of-use assets Goodwill Intangible assets, net Deferred income taxes Other long term assets Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued expenses Customer refund liabilities Operating lease liabilities Current maturities of long term debt Other current liabilities Total current liabilities Long term debt, net of current maturities Operating lease liabilities, non-current Other long term liabilities Total liabilities 788,072 $ 708,714 892,258 313,165 2,702,209 792,148 591,931 550,178 36,345 82,379 88,341 4,843,531 $ 546,494 41,793 112,420 123,819 4,245,022 $ $ 618,194 $ 374,694 219,424 125,900 560,884 340,415 301,421 83,797 1,422,009 592,687 580,635 98,113 2,693,444 25,000 88,257 1,315,977 703,834 208,340 2,228,151 62 62 11 11 Commitments and contingencies (see Note 8) Stockholders' equity Class A Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of December 31, 2019 and 2018; 188 289,680 shares issued and outstanding as of December 31, 2019, and 187,710,319 shares issued and outstanding as of December 31, 2018 Class B Convertible Common Stock, $0.0003 1/3 par value; 34,450,000 shares authorized, issued and outstanding as of December 31, 2019 and 2018 Class C Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of December 31, 2019 and 2018, 229,027,730 shares issued and outstanding as of December 31, 2019, and 226,421,963 shares issued and outstanding as of December 31, 2018 Additional paid-in capital Retained earnings Accumulated other comprehensive loss Total stockholders' equity Total liabilities and stockholders' equity $ 76 75 973,717 1,226,986 (50,765) 2,150,087 4,843,531 $ 916,628 1,139,082 (38,987) 2,016,871 4,245,022 Under Armour, Inc. and Subsidiaries Consolidated Statements of Operations (In thousands, except per share amounts) $ Net revenues Cost of goods sold Gross profit Selling, general and administrative expenses Restructuring and impairment charges Income (loss) from operations Interest expense, net Other expense, net Income (loss) before income taxes Income tax expense (benefit) Income (loss) from equity method investment Net income (loss) Year Ended December 31, 2019 2018 5,267,132 $ 5,193,185 $ 2,796,599 2,852,714 2,470,533 2.340,471 2,233,763 2,182,339 183,149 236,770 (25,017) (21,240) (33,568) (5,688) (9,203) 209,842 (67,788) 70,024 (20,552) (47,679) 934 92,139 $ (46,302) $ 2017 4,989,244 2,737,830 2,251,414 2,099,522 124,049 27,843 (34,538) (3.614) (10,309) 37,951 $ (48,260) A A $ $ 0.20 0.20 $ $ (0.10) $ (0.10) $ (0.11) (0.11) Basic net income (loss) per share of Class A, B and C common stock Diluted net income (loss) per share of Class A, B and C common stock Weighted average common shares outstanding Class A, B and C common stock Basic Diluted 450,964 454,274 445,815 445,815 440,729 440,729 Under Armour, Inc. and Subsidiaries Consolidated Statements of Stockholders' Equity (In thousands) Class A Common Stock Shares Amount 183,815 61 609 Class B Convertible Common Stock Shares Amount 34,450 11 Class C Common Stock Shares Amount 220,174 73 556 Additional Paid-in- Capital 823,484 3,664 Retained Earnings 1.259,414 Accumulated Other Comprehensive Income (52.143) Total Equity $ 2,030.900 3.664 - - (65) - - (78) - (2.781) - (2.781) 898 - - 1,723 1 7.852 7,853 (23.932) | | | | (2.666) 39,93 (48,260) $ 1.184,441 13.932 (38.211) (26,598) 39.932 (34,328) $ 2.018.642 6,748 61 34,450 on 1 11 74 185,257 2,084 222,375 2.127 872,266 6,747 1 (23) - - (140) - - (2.564) (2.564) Balance as of December 31, 2016 Exercise of stock options Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements Issuance of Class A Common Stock, net of forfeitures Issuance of Class C Common Stack, net of forfeitures Impact of adoption of accounting standard updates Stock-based compensation expense Comprehensive income foss) Balance as of December 31, 2017 Excercise of stock options and warrants Shares withheld in consideration of employee tax obligations relative to Stock-based compensation arrangements Issuance of Class A Common Stack, net of forfeitures Issuance of Class C Common Stack, net of forfeitures Impact of adoption of accounting standard updates Stock-based compensation expense Comprehensive loss Balance as of December 31, 2018 Exercise of stock options Shares withheld in consideration of employee tax obligations relative to stock-based compensation arrangements Issuance of Class A Common Stack, net of forfeitures Issuance of Class C Common Stack, net of forfeitures Stock-based compensation expense Comprehensive income (loss) Balance as of December 31, 2019 392 2,060 1 (4.168) (4.167) 3,507 3.507 III 41,783 (45,302) $ 1.139,082 (776) (38,987) 41,783 (47,078) $ 2,016,871 2,101 $ 62 34,450 11 40 75 187,710 441 226,422 293 916,625 2.101 (15) (227) (4.235) (4.235) 154 1 1 1 1 2.540 1 5,370 49,618 II 92,139 1.226,986 (11.778) (50,765) 5.371 49,618 80,361 $ 2.150.087 188,290 $ 62 34,450 11 229,028 76 973,717 12. Earnings per Share The calculation of earnings per share for common stock shown below excludes the income attributable to outstanding restricted stock awards from the numerator and excludes the impact of these awards from the denominator. The following is a reconciliation of basic earnings per share to diluted earnings per share: Year Ended December 31, In thousands, except per share amounts) 2019 2018 Numerator Net income (loss) 92,139 $ (46,302) $ (48,260) 2017 445,815 Denominator Weighted average common shares outstanding Class A, B and C Effect of dilutive securities Class A, B and C Weighted average common shares and dilutive securities outstanding Class A, B and C 450,964 3,310 440,729 454,274 445,815 440,729 Basic net income (loss) per share of Class A, B and C common stock $ 0.20 $ (0.10) $ (0.11) Diluted net income (loss) per share of Class A, B and C common stock $ 0.20 $ (0.10) $ (0.11) Effects of potentially dilutive securities are presented only in periods in which they are dilutive. Stock options, and restricted stock units representing 1.8 million, 3.3 million and 5.0 million shares of Class A and C common stock outstanding for the years ended December 31, 2019, 2018 and 2017, respectively, were excluded from the computation of diluted earnings per share because their effect would be anti- dilutive. Internet Case 12.7 - Analyzing Stockholders' Equity and EPS (MUST POST FIRST) Initial Post - As an employee, write an internal memo to your manager addressing the following: Using the Internet, locate the most recent annual report of a company of your choosing and write an initial post by responding to the following: Do not research the company listed in the text. For the most recent day indicated, what were the highest and lowest prices at which the company's common stock sold? Find the company's balance sheet and determine the following: the number of outstanding shares of common stock and the average price at which those shares were originally sold. What is the relationship between the current market price and the amount you have calculated in part b as the average price at which the stock originally sold? Find the company's income statement and identify the trend in basic earnings per share, including discontinued operations. Did discontinued operations have a significant impact on EPS? For the most recent year, what is the average number of shares of common stock that was used to compute basic earnings per share? Why is that number different from the number outstanding in the company's balance sheet? For your response post, you will be taking on the role of the manager and respond to your employee's memo. Inform the employee as to what specific managerial decisions, conclusions, and/or judgments can you make from the information provided in that memo. Do not respond to a memo that has already received a managerial response. Your initial post is due on Thursday and your response is due by 11:59 pm CT on Sunday