TREDEGAR CORP
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
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FY2023 · Filed Mar 15, 2024
TG$5.79-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income (Loss)
| Years Ended December 31 | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| (In thousands, except share data) | |||
| Revenues and other: | |||
| Sales | $704,825 | $938,564 | $826,455 |
| Other income (expense), net | (2,147) | 1,009 | 20,265 |
| 702,678 | 939,573 | 846,720 | |
| Costs and expenses: | |||
| Cost of goods sold | 599,110 | 764,042 | 649,690 |
| Freight | 26,933 | 34,982 | 28,232 |
| Selling, general and administrative | 76,207 | 78,790 | 74,964 |
| Research and development | 3,761 | 6,214 | 6,347 |
| Amortization of identifiable intangibles | 1,897 | 2,520 | 1,704 |
| Pension and postretirement benefits | 10,844 | 14,569 | 14,160 |
| Interest expense | 11,607 | 4,990 | 3,386 |
| Asset impairments and costs associated with exit and disposal activities, net of adjustments | 5,167 | 622 | 1,127 |
| Pension settlement loss | 92,291 | — | — |
| Goodwill impairment | 34,891 | — | — |
| Total | 862,708 | 906,729 | 779,610 |
| Income (loss) before income taxes | (160,030) | 32,844 | 67,110 |
| Income tax expense (benefit) | (54,125) | 4,389 | 9,284 |
| Net income (loss) | $(105,905) | $28,455 | $57,826 |
| Earnings (loss) per share: | |||
| Basic | $(3.10) | $0.84 | $1.72 |
| Diluted | $(3.10) | $0.84 | $1.72 |
| Shares used to compute earnings (loss) per share: | |||
| Basic | 34,133 | 33,806 | 33,563 |
| Diluted | 34,133 | 33,826 | 33,670 |
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