TREDEGAR CORP
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 15, 2024
TG$5.90+9.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders' Equity
| Common Stock · RetainedEarnings · Trust for Savings Restoration Plan · Accumulated Other Comprehensive Income (Loss) · Total Shareholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| (In thousands, except share and per-share data) · Shares · Amount | ||||||
| Balance at January 1, 2021 | 33,457,176 | $50,066 | $239,480 | $(2,087) | $(178,404) | $109,055 |
| Net income (loss) | — | — | 57,826 | — | — | 57,826 |
| Foreign currency translation adjustment | — | — | — | — | (1,643) | (1,643) |
| Derivative financial instruments adjustment | — | — | — | — | (1,363) | (1,363) |
| Net gains or (losses) and prior service costs | — | — | — | — | 18,720 | 18,720 |
| Amortization of prior service costs and net gains or losses | — | — | — | — | 13,186 | 13,186 |
| Cash dividends declared ($0.48 per share) | — | — | (16,167) | — | — | (16,167) |
| Stock-based compensation expense | 229,014 | 4,783 | — | — | — | 4,783 |
| Repurchase of employee common stock for tax withholdings | (17,266) | (590) | — | — | — | (590) |
| Issued upon exercise of stock options | 67,705 | 915 | — | — | — | 915 |
| Tredegar common stock purchased by trust for savings restoration plan | — | — | 48 | (48) | — | — |
| Balance at December 31, 2021 | 33,736,629 | 55,174 | 281,187 | (2,135) | (149,504) | 184,722 |
| Net income (loss) | — | — | 28,455 | — | — | 28,455 |
| Foreign currency translation adjustment | — | — | — | — | (287) | (287) |
| Derivative financial instruments adjustment | — | — | — | — | (3,381) | (3,381) |
| Net gains or (losses) and prior service costs | — | — | — | — | (5,064) | (5,064) |
| Amortization of prior service costs and net gains or losses | — | — | — | — | 10,641 | 10,641 |
| Cash dividends declared ($0.50 per share) | — | — | (16,974) | — | — | (16,974) |
| Stock-based compensation expense | 294,764 | 4,046 | — | — | — | 4,046 |
| Repurchase of employee common stock for tax withholdings | (30,751) | (396) | — | — | — | (396) |
| Tredegar common stock purchased by trust for savings restoration plan | — | — | 53 | (53) | — | — |
| Balance at December 31, 2022 | 34,000,642 | 58,824 | 292,721 | (2,188) | (147,595) | 201,762 |
| Net income (loss) | — | — | (105,905) | — | — | (105,905) |
| Foreign currency translation adjustment | — | — | — | — | 3,042 | 3,042 |
| Derivative financial instruments adjustment | — | — | — | — | 3,281 | 3,281 |
| Net gains or (losses) and prior service costs | — | — | — | — | 1,513 | 1,513 |
| Amortization of prior service costs and net gains or losses | — | — | — | — | 7,065 | 7,065 |
| Recognition in earnings of net actuarial loss for pension settlement | — | — | — | — | 50,997 | 50,997 |
| Cash dividends declared ($0.26 per share) | — | — | (8,884) | — | — | (8,884) |
| Stock-based compensation expense | 407,996 | 3,036 | — | — | — | 3,036 |
| Repurchase of employee common stock for tax withholdings | — | (254) | — | — | — | (254) |
| Tredegar common stock purchased by trust for savings restoration plan | — | — | 45 | (45) | — | — |
| Balance at December 31, 2023 | 34,408,638 | $61,606 | $177,977 | $(2,233) | $(81,697) | $155,653 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.