This case is based on the consolidated financial statements of Under Armour, Inc., given in Appendix B

Question:

This case is based on the consolidated of Under Armour, Inc., given in Appendix B and online in the filings section of www.sec.gov. In particular, this case uses Under Armour, Inc.'s, Consolidated Balance Sheets and Consolidated Statements of Stockholders' Equity for the year 2014.
Requirements
1. As of the end of December 31, 2014, how many shares of does Under Armour, Inc., have authorized? Issued? Outstanding?
2. Refer to Note 8-Stockholders' Equity and the Consolidated Statement of Stockholders' Equity for the year 2014. What is the difference between Under Armour's Class A and Class B Convertible Common Stock? Are there any restrictions on who can own Class B stock?
3. Did Under Armour, Inc., issue any new shares of Class A during 2014? How can you tell? (Challenge)
4. Prepare a T-account to show the beginning' and ending balances plus all the activity in Retained Earnings for 2014.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...