v3.25.2
Stockholders' Equity, Accumulated Other Comprehensive Income (Loss) and Noncontrolling Interest (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Other
Comprehensive Income (Loss)

 

 

 

 

 

 

 

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, 2025

 

 

39,899

 

 

$

0.4

 

 

 

(8,051

)

 

$

(234.4

)

 

$

423.5

 

 

$

779.6

 

 

$

(67.5

)

 

$

(86.3

)

 

$

9.2

 

 

$

824.5

 

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(5.6

)

 

 

 

 

 

 

 

 

0.3

 

 

 

(5.3

)

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.3

 

 

 

 

 

 

(0.1

)

 

 

0.2

 

Changes in defined benefit pension and other post-retirement benefit plans, net of tax of $0.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1.0

)

 

 

 

 

 

(1.0

)

Stock-based compensation expense, net

 

 

459

 

 

 

 

 

 

(113

)

 

 

(2.6

)

 

 

3.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.7

 

Cash dividends and dividend equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.3

 

 

 

(6.1

)

 

 

 

 

 

 

 

 

 

 

 

(5.8

)

Balance at March 31, 2025

 

 

40,358

 

 

$

0.4

 

 

 

(8,164

)

 

$

(237.0

)

 

$

427.1

 

 

$

767.9

 

 

$

(67.2

)

 

$

(87.3

)

 

$

9.4

 

 

$

813.3

 

Net income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.9

 

 

 

 

 

 

 

 

 

0.2

 

 

 

2.1

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.5

 

 

 

 

 

 

0.1

 

 

 

8.6

 

Changes in defined benefit pension and other post-retirement benefit plans, net of tax of $0.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.2

)

 

 

 

 

 

(0.2

)

Stock-based compensation expense, net

 

 

2

 

 

 

 

 

 

 

 

 

 

 

 

3.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.5

 

Cash dividends and dividend equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6.1

)

 

 

 

 

 

 

 

 

 

 

 

(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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Other
Comprehensive Income (Loss)

 

 

 

 

 

 

 

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)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(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

 

 

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:

 

 

 

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:

 

 

 

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

)