Question
Using Under Armour's 10-K for the year ending December 31, 2021 (https://www.sec.gov/Archives/edgar/data/1336917/000133691722000010/ua-20211231.htm): For its calculation of 2021 Basic and Diluted net income/loss per share in
Using Under Armour's 10-K for the year ending December 31, 2021 (https://www.sec.gov/Archives/edgar/data/1336917/000133691722000010/ua-20211231.htm):
For its calculation of 2021 Basic and Diluted net income/loss per share in Note 18, Under Armour starts with weighted average common shares outstanding for its Class A, B and C shares of 465,504 (in thousands). Then it adjusts for the effect of shares such as stock options and restricted stock units that are anti-dilutive. What would the EPS have been if this adjustment was not necessary in 2021?
76.8 cents
77.3 cents
$1.29
$1.30
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