Under Armour, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net revenues of $505,863,000 compared with $403,126,000 for the same period a year ago. Income from operations was $81,592,000 compared with $55,302,000 for the same period a year ago. Income before income tax was $79,753,000 compared with $53,890,000 for the same period a year ago. Net income was $50,132,000 or $0.47 per diluted share compared with $32,552,000 or $0.31 per diluted share for the same period a year ago.

For the full year, the company reported net revenues of $1,834,921,000 compared with $1,472,684,000 for the same period a year ago. Income from operations was $208,695,000 compared with $162,767,000 for the same period a year ago. Income before income tax was $203,439,000 compared with $156,862,000 for the same period a year ago. Net income was $128,778,000 or $1.21 per diluted share compared with $96,919,000 or $0.92 per diluted share for the same period a year ago. Net cash provided by operating activities was $199,761,000 compared with $15,218,000 for the same period a year ago. Purchase of property and equipment was $50,650,000 compared with $56,228,000 for the same period a year ago.

The company provided earnings guidance for the full year of 2013. Based on current visibility, the company expects 2013 net revenues in the range of $2.20 billion to $2.22 billion, representing growth of 20% to 21% over 2012, and 2013 operating income in the range of $255 million to $257 million, representing growth of 22% to 23% over 2012. The company expects an effective tax rate of 39.0% to 39.5% for the full year, compared to an effective tax rate of 36.7% for 2012.