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Midas Edge

LINCOLN ELECTRIC HOLDINGS INC

For the period ended Mar 31, 2024. Filed Apr 25, 2024.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 25, 2024

LECO$284.42-0.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED)

CONSOLIDATED STATEMENTS OF EQUITY

(In thousands, except per share amounts)

​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Accumulated · ​ · ​ · ​ · ​
​​Common​​​​Additional​​​​Other​​​​​​
​ · ​ · Shares · ​ · Common · ​ · Paid-In · ​ · Retained · ​ · Comprehensive · ​ · Treasury · ​ · ​ · ​
​ · Outstanding · Shares · Capital · Earnings · Income (Loss) · Shares · Total
Balance at December 31, 202356,977​$9,858​$523,357​$3,688,038​$(229,847)​$(2,682,554)​$1,308,852
Net income​​​​​​​​​123,415​​​​​​​123,415
Unrecognized amounts from defined benefit pension plans, net of tax​​​​​​​​​​​​73​​​​73
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax​​​​​​​​​​​​3,715​​​​3,715
Currency translation adjustment, net of tax​​​​​​​​​​​​(13,395)​​​​(13,395)
Cash dividends declared - $0.71 per share​​​​​​​​​(41,273)​​​​​​​(41,273)
Stock-based compensation activity397​​​​​34,981​​​​​​​​3,647​38,628
Purchase of shares for treasury(466)​​​​​​​​​​​​​​(110,405)​(110,405)
Other​​​​​​2,101​​(3,883)​​​​​​​(1,782)
Balance at March 31, 202456,908​$9,858​$560,439​$3,766,297​$(239,454)​$(2,789,312)​$1,307,828
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Accumulated · ​ · ​ · ​ · ​
​​Common​​​​Additional​​​​Other​​​​​​
​ · ​ · Shares · ​ · Common · ​ · Paid-In · ​ · Retained · ​ · Comprehensive · ​ · Treasury · ​ · ​ · ​
​ · Outstanding · Shares · Capital · Earnings · Income (Loss) · Shares · Total
Balance at December 31, 202257,624​$9,858​$481,857​$3,306,500​$(275,398)​$(2,488,776)​$1,034,041
Net income​​​​​​​​​121,931​​​​​​​121,931
Unrecognized amounts from defined benefit pension plans, net of tax​​​​​​​​​​​​560​​​​560
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax​​​​​​​​​​​​9,131​​​​9,131
Currency translation adjustment, net of tax​​​​​​​​​​​​14,818​​​​14,818
Cash dividends declared – $0.64 per share​​​​​​​​​(36,971)​​​​​​​(36,971)
Stock-based compensation activity143​​​​​12,475​​​​​​​​1,635​14,110
Purchase of shares for treasury(194)​​​​​​​​​​​​​​(32,158)​(32,158)
Other​​​​​​3,691​​(3,917)​​​​​​​(226)
Balance at March 31, 202357,573​$9,858​$498,023​$3,387,543​$(250,889)​$(2,519,299)​$1,125,236
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.