LINCOLN ELECTRIC HOLDINGS INC

For the period ended Jun 30, 2024. Filed Jul 31, 2024.

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.

Jun 30, 2024 · Filed Jul 31, 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

· · · · · · · · · · · · · · · · · · · ·
· · · · · · · · Accumulated · · · ·
		Common		Additional		Other
· · Shares · · Common · · Paid-In · · Retained · · Comprehensive · · Treasury · · ·
· Outstanding · Shares · Capital · Earnings · Income (Loss) · Shares · Total
Balance at December 31, 2023	56,977		$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 activity	397			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, 2024	56,908		$9,858	$560,439	$3,766,297		$(239,454)	$(2,789,312)	$1,307,828
Net income					101,708				101,708
Unrecognized amounts from defined benefit pension plans, net of tax							6		6
Unrealized (loss) on derivatives designated and qualifying as cash flow hedges, net of tax							(2,761)		(2,761)
Currency translation adjustment, net of tax							(7,696)		(7,696)
Cash dividends declared – $0.71 per share					(40,236)				(40,236)
Stock-based compensation activity	9			4,646				86	4,732
Purchase of shares for treasury	(242)							(50,415)	(50,415)
Other				(5,758)	5,498				(260)
Balance at June 30, 2024	56,675		$9,858	$559,327	$3,833,267		$(249,905)	$(2,839,641)	$1,312,906

CONSOLIDATED STATEMENTS OF EQUITY

· · · · · · · · · · · · · · · · · · · ·
· · · · · · · · Accumulated · · · ·
		Common		Additional		Other
· · Shares · · Common · · Paid-In · · Retained · · Comprehensive · · Treasury · · ·
· Outstanding · Shares · Capital · Earnings · Income (Loss) · Shares · Total
Balance at December 31, 2022	57,624		$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 activity	143			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, 2023	57,573		$9,858	$498,023	$3,387,543		$(250,889)	$(2,519,299)	$1,125,236
Net income					137,331				137,331
Unrecognized amounts from defined benefit pension plans, net of tax							(1,366)		(1,366)
Unrealized loss on derivatives designated and qualifying as cash flow hedges, net of tax							(4,888)		(4,888)
Currency translation adjustment, net of tax							20,957		20,957
Cash dividends declared – $0.64 per share					(36,917)				(36,917)
Stock-based compensation activity	152			12,818				1,697	14,515
Purchase of shares for treasury	(312)							(53,076)	(53,076)
Other				4,462	(4,830)				(368)
Balance at June 30, 2023	57,413		$9,858	$515,303	$3,483,127		$(236,186)	$(2,570,678)	$1,201,424

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.