Summary of shareholders' equity activity |
The following tables summarize our shareholders’ equity activity for the three and six months ended June 30, 2025 and June 30, 2024, respectively: | | | | | | | | | | Paid-in Capital in Excess of Par Value | | | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interest in Consolidated Subsidiaries | | Balance at December 31, 2024 | | | | | | | | Comprehensive income (loss): | | | | | | | | | | | | | | | | Other comprehensive income (loss) | | | | | | | | Cash dividends ($0.17 per share) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at March 31, 2025 | | | | | | | | Comprehensive income (loss): | | | | | | | | | | | | | | | | Other comprehensive income (loss) | | | | | | | | Cash dividends ($0.17 per share) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | In the first quarter and second quarter of 2025, we issued common stock from treasury shares for stock options exercised, restricted stock grants, performance shares under our performance unit program, and purchases under our employee stock purchase plan. |
| | | | | | | | | | Paid-in Capital in Excess of Par Value | | | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interest in Consolidated Subsidiaries | | Balance at December 31, 2023 | | | | | | | | Comprehensive income (loss): | | | | | | | | | | | | | | | | Other comprehensive income (loss) | | | | | | | | Cash dividends ($0.17 per share) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at March 31, 2024 | | | | | | | | Comprehensive income (loss): | | | | | | | | | | | | | | | | Other comprehensive income (loss) | | | | | | | | Cash dividends ($0.17 per share) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | In the first quarter and second quarter of 2024, we issued common stock from treasury shares for stock options exercised, restricted stock grants, performance shares under our performance unit program, and purchases under our employee stock purchase plan. As a result, additional paid in capital was reduced to zero in each quarter, which resulted in a reduction of retained earnings by $3 million in the first quarter of 2024 and $96 million in the second quarter of 2024. Future issuances from treasury shares could similarly impact additional paid in capital and retained earnings. |
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