ALAMO GROUP INC
For the period ended Mar 31, 2024. Filed May 2, 2024.
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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.
Mar 31, 2024 · Filed May 2, 2024
ALG$139.73-0.9%Stored close · as of Nov 10, 2026
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Interim Condensed Consolidated Statements of Comprehensive Income
| Three Months Ended March 31, | ||
|---|---|---|
| (in thousands) | 2024 | 2023 |
| Net income | $32,120 | $33,349 |
| Other comprehensive income (loss), net of tax: | ||
| Foreign currency translation adjustments, net of tax benefit and (expense) of $379 and $(173), respectively | (7,272) | 4,546 |
| Recognition of deferred pension and other post-retirement benefits, net of tax expense of $(69) and $(65), respectively | 235 | 282 |
| Unrealized income (loss) on derivative instruments, net of tax benefit and (expense) of $(169) and $59, respectively | 578 | (414) |
| Other comprehensive income (loss), net of tax | (6,459) | 4,414 |
| Comprehensive income | $25,661 | $37,763 |
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