Change in Stockholders' Equity (Deficit), Accumulated Other Comprehensive Income (Loss) and Noncontrolling Interest |
The following table details changes in Ryerson Holding Corporation Stockholders’ Equity accounts for the three months and six months ended June 30, 2025:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) |
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|
|
|
|
|
Common Stock |
|
|
Treasury Stock |
|
|
Capital in Excess of Par Value |
|
|
Retained Earnings |
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|
Foreign Currency Translation |
|
|
Benefit Plan Liabilities |
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|
Non-controlling Interest |
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Total Equity |
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|
Shares |
|
|
Dollars |
|
|
Shares |
|
|
Dollars |
|
|
Dollars |
|
|
Dollars |
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|
Dollars |
|
|
Dollars |
|
|
Dollars |
|
|
Dollars |
|
|
|
(In millions, except shares in thousands) |
|
Balance at January 1, 2025 |
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|
39,899 |
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|
$ |
0.4 |
|
|
|
(8,051 |
) |
|
$ |
(234.4 |
) |
|
$ |
423.5 |
|
|
$ |
779.6 |
|
|
$ |
(67.5 |
) |
|
$ |
(86.3 |
) |
|
$ |
9.2 |
|
|
$ |
824.5 |
|
Net income (loss) |
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— |
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|
|
— |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(5.6 |
) |
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|
— |
|
|
|
— |
|
|
|
0.3 |
|
|
|
(5.3 |
) |
Foreign currency translation |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
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|
|
0.3 |
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|
|
— |
|
|
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(0.1 |
) |
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|
0.2 |
|
Changes in defined benefit pension and other post-retirement benefit plans, net of tax of $0.2 |
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|
— |
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|
— |
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|
— |
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|
— |
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|
— |
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|
— |
|
|
|
— |
|
|
|
(1.0 |
) |
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|
— |
|
|
|
(1.0 |
) |
Stock-based compensation expense, net |
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|
459 |
|
|
|
— |
|
|
|
(113 |
) |
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|
(2.6 |
) |
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3.3 |
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|
— |
|
|
|
— |
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|
— |
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|
— |
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|
|
0.7 |
|
Cash dividends and dividend equivalents |
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— |
|
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|
— |
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|
|
— |
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|
— |
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|
0.3 |
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|
(6.1 |
) |
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— |
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|
— |
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|
|
— |
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|
|
(5.8 |
) |
Balance at March 31, 2025 |
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40,358 |
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|
$ |
0.4 |
|
|
|
(8,164 |
) |
|
$ |
(237.0 |
) |
|
$ |
427.1 |
|
|
$ |
767.9 |
|
|
$ |
(67.2 |
) |
|
$ |
(87.3 |
) |
|
$ |
9.4 |
|
|
$ |
813.3 |
|
Net income |
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— |
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|
|
— |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1.9 |
|
|
|
— |
|
|
|
— |
|
|
|
0.2 |
|
|
|
2.1 |
|
Foreign currency translation |
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|
— |
|
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|
— |
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|
— |
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|
— |
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|
— |
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|
— |
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8.5 |
|
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|
— |
|
|
|
0.1 |
|
|
|
8.6 |
|
Changes in defined benefit pension and other post-retirement benefit plans, net of tax of $0.6 |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
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|
— |
|
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|
(0.2 |
) |
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— |
|
|
|
(0.2 |
) |
Stock-based compensation expense, net |
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|
2 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
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|
3.5 |
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|
— |
|
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3.5 |
|
Cash dividends and dividend equivalents |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(6.1 |
) |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(6.1 |
) |
Balance at June 30, 2025 |
|
|
40,360 |
|
|
$ |
0.4 |
|
|
|
(8,164 |
) |
|
$ |
(237.0 |
) |
|
$ |
430.6 |
|
|
$ |
763.7 |
|
|
$ |
(58.7 |
) |
|
$ |
(87.5 |
) |
|
$ |
9.7 |
|
|
$ |
821.2 |
|
The following table details changes in Ryerson Holding Corporation Stockholders’ Equity accounts for the three months and six months ended June 30, 2024:
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|
Accumulated Other Comprehensive Income (Loss) |
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|
|
|
|
|
|
Common Stock |
|
|
Treasury Stock |
|
|
Capital in Excess of Par Value |
|
|
Retained Earnings |
|
|
Foreign Currency Translation |
|
|
Benefit Plan Liabilities |
|
|
Non-controlling Interest |
|
|
Total Equity |
|
|
|
Shares |
|
|
Dollars |
|
|
Shares |
|
|
Dollars |
|
|
Dollars |
|
|
Dollars |
|
|
Dollars |
|
|
Dollars |
|
|
Dollars |
|
|
Dollars |
|
|
|
(In millions, except shares in thousands) |
|
Balance at January 1, 2024 |
|
|
39,451 |
|
|
$ |
0.4 |
|
|
|
(5,413 |
) |
|
$ |
(179.3 |
) |
|
$ |
411.6 |
|
|
$ |
813.2 |
|
|
$ |
(52.2 |
) |
|
$ |
(87.8 |
) |
|
$ |
8.6 |
|
|
$ |
914.5 |
|
Net income (loss) |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(7.6 |
) |
|
|
— |
|
|
|
— |
|
|
|
0.2 |
|
|
|
(7.4 |
) |
Foreign currency translation |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(3.3 |
) |
|
|
— |
|
|
|
(0.1 |
) |
|
|
(3.4 |
) |
Changes in defined benefit pension and other post-retirement benefit plans, net of tax of $0.7 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
1.1 |
|
|
|
— |
|
|
|
1.1 |
|
Share repurchases, net of tax of zero |
|
|
|
|
|
— |
|
|
|
(31 |
) |
|
|
(1.0 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(1.0 |
) |
Stock-based compensation expense, net |
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|
436 |
|
|
|
— |
|
|
|
(111 |
) |
|
|
(3.7 |
) |
|
|
3.3 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(0.4 |
) |
Cash dividends and dividend equivalents |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
0.2 |
|
|
|
(6.4 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(6.2 |
) |
Balance at March 31, 2024 |
|
|
39,887 |
|
|
$ |
0.4 |
|
|
|
(5,555 |
) |
|
$ |
(184.0 |
) |
|
$ |
415.1 |
|
|
$ |
799.2 |
|
|
$ |
(55.5 |
) |
|
$ |
(86.7 |
) |
|
$ |
8.7 |
|
|
$ |
897.2 |
|
Net income |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
9.9 |
|
|
|
— |
|
|
|
— |
|
|
|
0.4 |
|
|
|
10.3 |
|
Foreign currency translation |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(3.1 |
) |
|
|
— |
|
|
|
— |
|
|
|
(3.1 |
) |
Changes in defined benefit pension and other post-retirement benefit plans, net of tax of $0.4 |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(1.0 |
) |
|
|
— |
|
|
|
(1.0 |
) |
Share repurchases, net of tax $0.1 |
|
|
|
|
|
— |
|
|
|
(647 |
) |
|
|
(14.1 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(14.1 |
) |
Stock-based compensation expense, net |
|
|
1 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
4.1 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
4.1 |
|
Issuance of common stock |
|
|
6 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
0.1 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
0.1 |
|
Dividends declared to non-controlling interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(0.6 |
) |
|
|
(0.6 |
) |
Cash dividends and dividend equivalents |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(6.5 |
) |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(6.5 |
) |
Balance at June 30, 2024 |
|
|
39,894 |
|
|
$ |
0.4 |
|
|
|
(6,202 |
) |
|
$ |
(198.1 |
) |
|
$ |
419.3 |
|
|
$ |
802.6 |
|
|
$ |
(58.6 |
) |
|
$ |
(87.7 |
) |
|
$ |
8.5 |
|
|
$ |
886.4 |
|
|
Changes in Accumulated Other Comprehensive Income/(Loss) Net of Tax by Component |
The following table details changes in accumulated other comprehensive income (loss), net of tax, for the six months ended June 30, 2025:
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|
|
|
|
|
|
|
|
|
|
|
Changes in Accumulated Other Comprehensive Income (Loss) by Component, net of tax |
|
|
Foreign Currency Translation |
|
|
Benefit Plan Liabilities |
|
|
|
|
(In millions) |
Balance at January 1, 2025 |
|
$ |
(67.5 |
) |
|
$ |
(86.3 |
) |
|
Other comprehensive income before reclassifications |
|
|
8.8 |
|
|
|
0.1 |
|
|
Amounts reclassified from accumulated other comprehensive loss into net loss |
|
|
— |
|
|
|
(1.3 |
) |
|
Net current-period other comprehensive income (loss) |
|
|
8.8 |
|
|
|
(1.2 |
) |
|
Balance at June 30, 2025 |
|
$ |
(58.7 |
) |
|
$ |
(87.5 |
) |
|
|
Reclassifications Out of Accumulated Other Comprehensive Income (Loss) |
The following table details the reclassifications out of accumulated other comprehensive income (loss) for the three-month and six-month periods ended June 30, 2025:
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|
|
|
|
|
|
|
|
|
|
Reclassifications Out of Accumulated Other Comprehensive Income (Loss) |
|
|
Amount reclassified from Accumulated Other Comprehensive Income (Loss) |
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
Affected line item in the Condensed Consolidated Statements of Comprehensive Income (Loss) |
Details about Accumulated Other |
|
June 30, 2025 |
|
|
Comprehensive Income (Loss) Components |
|
(In millions) |
|
|
Amortization of defined benefit pension and other post-retirement benefit plan items |
|
|
|
|
|
|
|
Actuarial gain |
|
$ |
(0.6 |
) |
|
$ |
(1.2 |
) |
Other income and (expense), net |
Pension settlement gain |
|
|
(0.3 |
) |
|
|
(0.5 |
) |
Other income and (expense), net |
Total before tax |
|
|
(0.9 |
) |
|
|
(1.7 |
) |
|
Tax expense |
|
|
0.6 |
|
|
|
0.4 |
|
|
Net of tax |
|
$ |
(0.3 |
) |
|
$ |
(1.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
Reclassifications Out of Accumulated Other Comprehensive Income (Loss) |
|
|
Amount reclassified from Accumulated Other Comprehensive Income (Loss) |
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
Affected line item in the Condensed Consolidated Statements of Comprehensive Income |
Details about Accumulated Other |
|
June 30, 2024 |
|
|
Comprehensive Income (Loss) Components |
|
(In millions) |
|
|
Amortization of defined benefit pension and other post-retirement benefit plan items |
|
|
|
|
|
|
|
Actuarial gain |
|
$ |
(0.7 |
) |
|
$ |
(1.5 |
) |
Other income and (expense), net |
Pension settlement loss (gain) |
|
$ |
(0.6 |
) |
|
$ |
1.1 |
|
Other income and (expense), net |
Curtailment gain |
|
|
— |
|
|
|
(0.3 |
) |
Other income and (expense), net |
Total before tax |
|
|
(1.3 |
) |
|
|
(0.7 |
) |
|
Tax expense |
|
|
0.3 |
|
|
|
— |
|
|
Net of tax |
|
$ |
(1.0 |
) |
|
$ |
(0.7 |
) |
|
|