2021 Q4 Form 10-K Financial Statement

#000133691722000010 Filed on February 23, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $1.529B $5.683B $1.404B
YoY Change 8.94% 27.01% -2.6%
Cost Of Revenue $753.3M $2.822B $710.1M
YoY Change 6.08% 21.92% -6.53%
Gross Profit $775.9M $2.861B $693.6M
YoY Change 11.87% 32.47% 1.77%
Gross Profit Margin 50.74% 50.35% 49.41%
Selling, General & Admin $673.9M $2.335B $583.4M
YoY Change 15.51% 7.49% -3.97%
% of Gross Profit 86.85% 81.59% 84.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.30M $139.2M $40.80M
YoY Change -18.39% -9.84% -11.3%
% of Gross Profit 4.29% 4.86% 5.88%
Operating Expenses $673.3M $2.335B $583.4M
YoY Change 15.41% 7.49% -3.97%
Operating Profit $102.6M $486.3M $55.85M
YoY Change 83.8% -179.27% -24.61%
Interest Expense -$7.595M -$44.30M -$15.00M
YoY Change -49.37% -6.34% 183.02%
% of Operating Profit -7.4% -9.11% -26.86%
Other Income/Expense, Net $24.04M -$51.11M $178.6M
YoY Change -86.54% -130.4% -5202.86%
Pretax Income $102.6M $191.2M $219.5M
YoY Change -53.27% -139.96% 236.14%
Income Tax -$6.798M $32.10M $48.70M
% Of Pretax Income -6.63% 16.79% 22.19%
Net Earnings $109.7M $360.1M $184.5M
YoY Change -40.55% -165.56% -1305.27%
Net Earnings / Revenue 7.17% 6.34% 13.14%
Basic Earnings Per Share $0.23 $0.77 $0.41
Diluted Earnings Per Share $228.5K $0.77 $0.40
COMMON SHARES
Basic Shares Outstanding 476.2M shares 465.5M shares
Diluted Shares Outstanding 479.7M shares 468.6M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.669B $1.669B $1.517B
YoY Change 10.02% 10.02% 92.54%
Cash & Equivalents $1.669B $1.669B $1.517B
Short-Term Investments
Other Short-Term Assets $286.4M $286.4M $282.3M
YoY Change 1.46% 1.46% -9.87%
Inventory $811.4M $811.4M $896.0M
Prepaid Expenses
Receivables $569.0M $569.0M $527.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.336B $3.336B $3.223B
YoY Change 3.52% 3.52% 19.27%
LONG-TERM ASSETS
Property, Plant & Equipment $607.2M $1.056B $658.7M
YoY Change -7.81% -11.69% -16.85%
Goodwill $495.2M $502.2M
YoY Change -1.39% -8.72%
Intangibles $11.01M $13.30M
YoY Change -17.19% -63.42%
Long-Term Investments $0.00 $0.00
YoY Change -100.0%
Other Assets $75.47M $93.28M $72.88M
YoY Change 3.56% -3.63% -17.51%
Total Long-Term Assets $1.655B $1.655B $1.808B
YoY Change -8.44% -8.44% -15.58%
TOTAL ASSETS
Total Short-Term Assets $3.336B $3.336B $3.223B
Total Long-Term Assets $1.655B $1.655B $1.808B
Total Assets $4.991B $4.991B $5.031B
YoY Change -0.78% -0.78% 3.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $613.3M $613.3M $576.0M
YoY Change 6.49% 6.48% -6.83%
Accrued Expenses $460.2M $598.8M $378.9M
YoY Change 21.46% 10.61% 1.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $1.450B $1.450B $1.413B
YoY Change 2.61% 2.61% -0.61%
LONG-TERM LIABILITIES
Long-Term Debt $662.5M $662.5M $1.004B
YoY Change -33.98% -33.98% 69.32%
Other Long-Term Liabilities $86.58M $789.7M $98.39M
YoY Change -12.0% -15.79% 0.28%
Total Long-Term Liabilities $749.1M $1.452B $1.102B
YoY Change -32.02% -25.2% 59.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.450B $1.450B $1.413B
Total Long-Term Liabilities $749.1M $1.452B $1.102B
Total Liabilities $2.902B $2.902B $3.355B
YoY Change -13.48% -13.48% 24.55%
SHAREHOLDERS EQUITY
Retained Earnings $1.028B $673.9M
YoY Change 52.53% -45.08%
Common Stock $1.109B $1.061B
YoY Change 4.47% 8.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.089B $2.089B $1.676B
YoY Change
Total Liabilities & Shareholders Equity $4.991B $4.991B $5.031B
YoY Change -0.78% -0.78% 3.86%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $109.7M $360.1M $184.5M
YoY Change -40.55% -165.56% -1305.27%
Depreciation, Depletion And Amortization $33.30M $139.2M $40.80M
YoY Change -18.39% -9.84% -11.3%
Cash From Operating Activities $455.0M $664.8M $462.6M
YoY Change -1.65% 212.33% 13.8%
INVESTING ACTIVITIES
Capital Expenditures -$12.10M $69.76M -$20.70M
YoY Change -41.55% -24.41% -48.38%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $0.00 $1.413M $197.4M
YoY Change -100.0% -99.11%
Cash From Investing Activities -$12.10M -$68.35M $176.8M
YoY Change -106.84% -203.02% -540.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $506.3M
YoY Change -36.72%
Cash From Financing Activities -1.295M -$418.7M 600.0K
YoY Change -315.83% -195.85% -62.5%
NET CHANGE
Cash From Operating Activities 455.0M $664.8M 462.6M
Cash From Investing Activities -12.10M -$68.35M 176.8M
Cash From Financing Activities -1.295M -$418.7M 600.0K
Net Change In Cash 441.6M $154.4M 640.0M
YoY Change -31.01% -78.93% 73.91%
FREE CASH FLOW
Cash From Operating Activities $455.0M $664.8M $462.6M
Capital Expenditures -$12.10M $69.76M -$20.70M
Free Cash Flow $467.1M $595.1M $483.3M
YoY Change -3.36% 393.54% 8.22%

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CY2021 ua Noncash Or Part Noncash Acquisition Increase Decrease In Accrual For Fixed Assets Acquired
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CY2019 ua Noncash Or Part Noncash Acquisition Increase Decrease In Accrual For Fixed Assets Acquired
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CY2021 us-gaap Nature Of Operations
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DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION<div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Business</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Under Armour, Inc. (together with its wholly owned subsidiaries, the "Company") is a developer, marketer and distributor of branded athletic performance apparel, footwear and accessories. The Company creates products engineered to make athletes better with a vision to inspire performance solutions you never knew you needed and can't imagine living without. The Company's products are made, sold and worn worldwide. </span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Basis of Presentation</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying Consolidated Financial Statements include the accounts of Under Armour, Inc. and its wholly owned subsidiaries. All intercompany balances and transactions were eliminated upon consolidation. The accompanying Consolidated Financial Statements were prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). Throughout this Annual Report on Form 10-K, the term “Fiscal 2021” means the Company's fiscal year beginning on January 1, 2021 and ended December 31, 2021; the term “Fiscal 2020” means the Company's fiscal year beginning on January 1, 2020 and ended December 31,2020; and the term "Fiscal 2019" means the Company's fiscal year beginning on January 1, 2019 and ended December 31, 2019.</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Connected Fitness</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prior to January 1, 2021, the Company's previously reported "Connected Fitness" segment was comprised of digital subscription and advertising conducted through various platforms, predominantly the MyFitnessPal, MapMyFitness, consisting of applications such as MapMyRun and MapMyRide (collectively "MMR"), and Endomondo platforms. While the Company continues to operate the MMR platforms, MyFitnessPal was sold in December 2020 and Endomondo was wound down in December 2020 as part of the Company's 2020 restructuring plan. As a result of these changes, beginning in the first quarter of Fiscal 2021, the Company no longer reports Connected Fitness as a discrete reportable segment. The operating results of MMR are now included within the Company’s Corporate Other segment. Where applicable, all prior periods that used to separately reflect financial information about the Connected Fitness business have been recast to be included within the Corporate Other reportable segment, in order to conform with current period presentation. Such reclassifications did not affect total consolidated net revenues, consolidated income from operations or consolidated net income.</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Management Estimates and COVID-19 Update</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. These estimates, judgments and assumptions are evaluated on an on-going basis. The Company bases its estimates on historical experience and on various other assumptions that it believes are reasonable at that time; however, actual results could differ from these estimates. </span></div>Further, COVID-19 continues to significantly impact the global economy. As the impacts of the pandemic continue to evolve, estimates and assumptions about future events and their effects cannot be determined with certainty and therefore require increased judgment. The extent to which the evolving pandemic impacts the Company's financial statements will depend on a number of factors including, but not limited to, any new information that may emerge concerning the severity of COVID-19 and the actions that governments around the world may take to contain the virus or treat its impact. While the Company believes it has made appropriate accounting estimates and assumptions based on the facts and circumstances available as of this reporting date, the Company may experience further impacts based on long-term effects on the Company's customers and the countries in which the Company operates. Please see the risk factors discussed in Part I, Item 1A "Risk Factors" of this Annual Report on Form 10-K.
CY2021 us-gaap Use Of Estimates
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<div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Management Estimates and COVID-19 Update</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. These estimates, judgments and assumptions are evaluated on an on-going basis. The Company bases its estimates on historical experience and on various other assumptions that it believes are reasonable at that time; however, actual results could differ from these estimates. </span></div>Further, COVID-19 continues to significantly impact the global economy. As the impacts of the pandemic continue to evolve, estimates and assumptions about future events and their effects cannot be determined with certainty and therefore require increased judgment. The extent to which the evolving pandemic impacts the Company's financial statements will depend on a number of factors including, but not limited to, any new information that may emerge concerning the severity of COVID-19 and the actions that governments around the world may take to contain the virus or treat its impact. While the Company believes it has made appropriate accounting estimates and assumptions based on the facts and circumstances available as of this reporting date, the Company may experience further impacts based on long-term effects on the Company's customers and the countries in which the Company operates. Please see the risk factors discussed in Part I, Item 1A "Risk Factors" of this Annual Report on Form 10-K.
CY2021 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:10pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that subject the Company to significant concentration of credit risk consist primarily of accounts receivable. The majority of the Company’s accounts receivable is due from large wholesale customers. One of the Company's customers accounted for more than 10% of the accounts receivable balance as of December 31, 2021. None of the Company's customers accounted for more than 10% of the accounts receivable balance as of December 31, 2020. For Fiscal 2021, one customer in North America accounted for approximately 11% of the Company's net revenues. For Fiscal 2020 and Fiscal 2019, no customer accounted for more than 10% of the Company's net revenues. The Company regularly evaluates the credit risk of its large wholesale customers, which make up the majority of the Company's accounts receivable. Refer to "Credit Losses - Allowance for Doubtful Accounts" below for a discussion of the evaluation of credit losses.</span></div>
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58800000 USD
CY2020Q4 ua Accrued Liabilities Accrued Compensation And Benefits
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77900000 USD
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22400000 USD
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7029000 USD
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0 USD
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20350000 USD
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7029000 USD
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0 USD
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9401000 USD
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0 USD
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q4 ua Prepaid Expense And Other Current Assets Allowance For Credit Loss
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CY2021Q4 us-gaap Property Plant And Equipment Gross
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CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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949423000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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883574000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0372
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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658678000 USD
CY2021 us-gaap Depreciation
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139200000 USD
CY2020 us-gaap Depreciation
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154400000 USD
CY2019 us-gaap Depreciation
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177300000 USD
CY2021 ua Lessee Operating Lease Rent Waiver
LesseeOperatingLeaseRentWaiver
5500000 USD
CY2020 ua Lessee Operating Lease Rent Waiver
LesseeOperatingLeaseRentWaiver
4100000 USD
CY2019 ua Lessee Operating Lease Rent Waiver
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0 USD
CY2021 us-gaap Operating Lease Cost
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142965000 USD
CY2020 us-gaap Operating Lease Cost
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147390000 USD
CY2019 us-gaap Operating Lease Cost
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153551000 USD
CY2021 us-gaap Variable Lease Payment
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16115000 USD
CY2020 us-gaap Variable Lease Payment
VariableLeasePayment
9293000 USD
CY2019 us-gaap Variable Lease Payment
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12856000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y8M23D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y1M13D
CY2021 us-gaap Operating Lease Payments
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177391000 USD
CY2020 us-gaap Operating Lease Payments
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155990000 USD
CY2019 us-gaap Operating Lease Payments
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116811000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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28244000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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390957000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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70075000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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169994000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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146732000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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126466000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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96066000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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75225000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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379133000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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993616000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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151841000 USD
CY2021Q4 us-gaap Operating Lease Liability
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841775000 USD
CY2021Q4 ua Lessee Operating Lease Leases Not Yet Commenced Liability
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1500000 USD
CY2019Q4 us-gaap Goodwill
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550178000 USD
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3611000 USD
CY2020 us-gaap Goodwill Impairment Loss
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51575000 USD
CY2020Q4 us-gaap Goodwill
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502214000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2021Q4 us-gaap Goodwill
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CY2021 us-gaap Goodwill Impairment Loss
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CY2020 us-gaap Goodwill Impairment Loss
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51600000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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20430000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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13572000 USD
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
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0 USD
CY2021 ua Finite Lived Intangible Assets Written Off For Sale Of Business
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0 USD
CY2021 us-gaap Finitelived Intangible Assets Acquired1
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0 USD
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6858000 USD
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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4152000 USD
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
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11010000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
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60643000 USD
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34510000 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
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5410000 USD
CY2020 ua Finite Lived Intangible Assets Written Off For Sale Of Business
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18173000 USD
CY2020 us-gaap Finitelived Intangible Assets Acquired1
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8770000 USD
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11320000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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1975000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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13295000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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2000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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7000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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6100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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2000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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1641000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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1479000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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1479000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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259000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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0 USD
CY2021Q4 ua Finite Lived Intangible Asset Expected Amortization
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6858000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
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680919000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
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1100000000 USD
CY2021Q4 us-gaap Long Term Debt
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CY2020Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt Current
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CY2020Q4 us-gaap Long Term Debt Current
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0 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
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662531000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
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1003556000 USD
CY2020Q2 us-gaap Repayments Of Long Term Lines Of Credit
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53000000 USD
CY2021Q3 ua Proceeds From Option Contract Termination
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38600000 USD
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CY2020 us-gaap Interest Income Expense Net
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CY2019 us-gaap Interest Income Expense Net
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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600000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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CY2021Q4 us-gaap Debt Instrument Carrying Amount
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CY2021Q4 us-gaap Long Term Debt Current
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CY2021Q4 ua Future Minimum Payments Under Sponsorship And Other Marketing Agreements Due Within One Year
FutureMinimumPaymentsUnderSponsorshipAndOtherMarketingAgreementsDueWithinOneYear
98726000 USD
CY2021Q4 ua Future Minimum Payments Under Sponsorship And Other Marketing Agreements Due In Second Year
FutureMinimumPaymentsUnderSponsorshipAndOtherMarketingAgreementsDueInSecondYear
78038000 USD
CY2021Q4 ua Future Minimum Payments Under Sponsorship And Other Marketing Agreements Due In Third Year
FutureMinimumPaymentsUnderSponsorshipAndOtherMarketingAgreementsDueInThirdYear
61134000 USD
CY2021Q4 ua Future Minimum Payments Under Sponsorship And Other Marketing Agreements Due In Fourth Year
FutureMinimumPaymentsUnderSponsorshipAndOtherMarketingAgreementsDueInFourthYear
37205000 USD
CY2021Q4 ua Future Minimum Payments Under Sponsorship And Other Marketing Agreements Due In Fifth Year
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8108000 USD
CY2021Q4 ua Future Minimum Payments Under Sponsorship And Other Marketing Agreements Due Thereafter
FutureMinimumPaymentsUnderSponsorshipAndOtherMarketingAgreementsDueThereafter
4345000 USD
CY2021Q4 ua Future Minimum Payments Under Sponsorship And Other Marketing Agreements
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287556000 USD
CY2021Q4 us-gaap Contract With Customer Liability
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CY2020Q4 us-gaap Contract With Customer Liability
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26700000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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21500000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
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16100000 USD
CY2021 us-gaap Gain Loss On Sale Of Business
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CY2021 us-gaap Defined Contribution Plan Cost Recognized
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8900000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
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5400000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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7500000 USD
CY2021 ua Suspension Period For401 K Contributions
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CY2021Q4 ua Deferred Compensation Plan Obligations Fair Value Disclosure
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14500000 USD
CY2020Q4 ua Deferred Compensation Plan Obligations Fair Value Disclosure
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14300000 USD
CY2021Q4 ua Trust Owned Life Insurance Policies Fair Value Disclosure
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9000000 USD
CY2020Q4 ua Trust Owned Life Insurance Policies Fair Value Disclosure
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7700000 USD
CY2021 us-gaap Share Based Compensation
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43800000 USD
CY2020 us-gaap Share Based Compensation
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42100000 USD
CY2019 us-gaap Share Based Compensation
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49600000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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9000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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11800000 USD
CY2021 ua Valuation Allowance For Share Based Payment Arrangement Expense Tax Benefits
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7200000 USD
CY2020 ua Valuation Allowance For Share Based Payment Arrangement Expense Tax Benefits
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9000000 USD
CY2019 ua Valuation Allowance For Share Based Payment Arrangement Expense Tax Benefits
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2700000 USD
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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78500000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
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CY2021 ua Share Based Compensation Arrangement By Share Based Payment Award Number Of Equal Annual Vesting Installments
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3 installment
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.015
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
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CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.431
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.410
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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1862000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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19.31
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M4D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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186000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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0
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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13000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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4.08
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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271000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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19.38
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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1578000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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19.44
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y25D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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2403000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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1092000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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20.88
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M10D
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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1362000 USD
CY2021 us-gaap Revenues
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CY2020 us-gaap Revenues
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CY2019 us-gaap Revenues
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5267132000 USD
CY2021 us-gaap Cost Of Goods And Services Sold
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2821967000 USD
CY2020 us-gaap Cost Of Goods And Services Sold
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2314572000 USD
CY2019 us-gaap Cost Of Goods And Services Sold
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2796599000 USD
CY2021 us-gaap Interest Income Expense Net
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CY2019 us-gaap Interest Income Expense Net
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CY2021 us-gaap Other Nonoperating Income Expense
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CY2020 us-gaap Other Nonoperating Income Expense
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168153000 USD
CY2019 us-gaap Other Nonoperating Income Expense
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CY2021 us-gaap Other Nonoperating Income Expense
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CY2020 us-gaap Other Nonoperating Income Expense
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168153000 USD
CY2019 us-gaap Other Nonoperating Income Expense
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CY2021 us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
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P24M
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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191201000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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81122000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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199676000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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128720000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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390877000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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209842000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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-2454000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2019 us-gaap Current Federal Tax Expense Benefit
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7232000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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864000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
34000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
771000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
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36304000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
16720000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
21952000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
34714000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-13293000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
29955000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5148000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
50620000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
12750000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3645000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
587000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
25508000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
11473000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1811000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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