PATRICK INDUSTRIES INC
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
PATK$82.12+4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity F-
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
| ($ in thousands) | CommonStock | AdditionalPaid-in-Capital | Accumulated OtherComprehensiveIncome (Loss) | RetainedEarnings | Total |
|---|---|---|---|---|---|
| Balance at January 1, 2022 | $196,383 | $59,668 | $(2,228) | $513,734 | $767,557 |
| Impact of adoption of ASU 2020-06 | — | (59,668) | — | 15,975 | (43,693) |
| Net income | — | — | — | 328,196 | 328,196 |
| Dividends declared | — | — | — | (33,160) | (33,160) |
| Other comprehensive income, net of tax | — | — | 1,533 | — | 1,533 |
| Share repurchases under buyback program | (11,099) | — | — | (65,884) | (76,983) |
| Issuance of shares upon exercise of common stock options | 195 | — | — | — | 195 |
| Repurchase of shares for tax payments related to the vesting and exercise of share-based grants | (10,227) | — | — | — | (10,227) |
| Stock-based compensation expense | 21,751 | — | — | — | 21,751 |
| Balance at December 31, 2022 | $197,003 | $— | $(695) | $758,861 | $955,169 |
| Net income | — | — | — | 142,897 | 142,897 |
| Dividends declared | — | — | — | (42,327) | (42,327) |
| Other comprehensive loss, net of tax | — | — | (304) | — | (304) |
| Share repurchases under buyback program | (2,455) | — | — | (16,353) | (18,808) |
| Issuance of shares upon exercise of common stock options | 1,413 | — | — | — | 1,413 |
| Repurchase of shares for tax payments related to the vesting and exercise of share-based grants | (12,132) | — | — | — | (12,132) |
| Stock-based compensation expense | 19,429 | — | — | — | 19,429 |
| Balance at December 31, 2023 | $203,258 | $— | $(999) | $843,078 | $1,045,337 |
| Net income | — | — | — | 138,401 | 138,401 |
| Dividends declared | — | — | — | (50,246) | (50,246) |
| Other comprehensive income, net of tax | — | — | 73 | — | 73 |
| Stock repurchases under buyback program | (367) | — | — | (4,294) | (4,661) |
| Issuance of shares upon exercise of common stock options | 21 | — | — | — | 21 |
| Repurchase of shares for tax payments related to the vesting and exercise of share-based grants | (17,334) | — | — | — | (17,334) |
| Stock-based compensation expense | 16,775 | — | — | — | 16,775 |
| Balance at December 31, 2024 | $202,353 | $— | $(926) | $926,939 | $1,128,366 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.