ALAMO GROUP INC
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
ALG$139.73-0.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Year Ended December 31, | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| (in thousands) · 2023 · 2022 · 2021 | |||||||||
| Net income | $136,161 | $101,928 | $80,245 | ||||||
| Other comprehensive income (loss), net of tax: | |||||||||
| Foreign currency translation adjustment, net of tax (expense) benefit of $(949), $1,069, and $(344) | 13,644 | (23,032) | (15,800) | ||||||
| Unrealized (loss) income on derivative instruments, net of tax benefit (expense) of $282, $(497), and $(1,405), respectively | (1,231) | 2,047 | 5,298 | ||||||
| Recognition of deferred pension and other post-retirement benefits, net of tax expense of $(391), $(194), and $(356), respectively | 1,338 | 1,707 | 1,838 | ||||||
| Other comprehensive income (loss), net of tax | $13,751 | $(19,278) | $(8,664) | ||||||
| Comprehensive income | $149,912 | $82,650 | $71,581 | ||||||
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