GRAFTECH INTERNATIONAL LTD
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
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FY2023 · Filed Feb 14, 2024
EAF$10.29-3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity (Deficit)
(Dollars in thousands, except share data)
| IssuedShares ofCommonStock | CommonStock | AdditionalPaid-inCapital | AccumulatedOtherComprehensiveLoss | Accumulated Deficit | TotalStockholders’Equity (Deficit) | |
|---|---|---|---|---|---|---|
| Balance as of December 31, 2020 | 267,188,547 | $2,672 | $758,354 | $(19,641) | $(1,070,770) | $(329,385) |
| Net income | — | — | — | — | 388,330 | 388,330 |
| Other comprehensive income (loss): | ||||||
| Commodity and interest rate derivatives income, net of tax of $(6,662) | — | — | — | 24,525 | — | 24,525 |
| Commodity derivatives reclassification adjustments, net of tax of $(1,970) | — | — | — | 7,277 | — | 7,277 |
| Foreign currency translation adjustments, net of tax of $0 | — | — | — | (19,605) | — | (19,605) |
| Total other comprehensive income | — | — | — | 12,197 | — | 12,197 |
| Repurchase of common stock | (4,658,544) | (46) | (13,091) | — | (36,863) | (50,000) |
| Stock-based compensation | 1,009,545 | 11 | 16,620 | — | — | 16,631 |
| Options exercised | 33,500 | — | 351 | — | — | 351 |
| Payments for taxes related to net share settlement of equity awards | (317,340) | (4) | (822) | — | (3,251) | (4,077) |
| Dividends paid to related party ($0.04 per share) | — | — | — | — | (3,206) | (3,206) |
| Dividends paid to non-related party ($0.04 per share) | — | — | — | — | (7,439) | (7,439) |
| Balance as of December 31, 2021 | 263,255,708 | $2,633 | $761,412 | $(7,444) | $(733,199) | $23,402 |
| Net income | — | — | — | — | 382,962 | 382,962 |
| Other comprehensive income (loss): | ||||||
| Commodity, interest rate and foreign currency derivatives income, net of tax of $(5,060) | — | — | — | 15,829 | — | 15,829 |
| Commodity, interest rate and foreign currency derivatives reclassification adjustments, net of tax of $2,469 | — | — | — | (9,431) | — | (9,431) |
| Foreign currency translation adjustments, net of tax of $0 | — | — | — | (7,024) | — | (7,024) |
| Total other comprehensive loss | — | — | — | (626) | — | (626) |
| Repurchase of common stock | (6,662,421) | (67) | (18,721) | — | (41,212) | (60,000) |
| Stock-based compensation | 1,348 | — | 2,311 | — | — | 2,311 |
| Options exercised | 25,000 | — | 225 | — | — | 225 |
| Payments for taxes related to net share settlement of equity awards | (22,293) | — | (63) | — | (167) | (230) |
| Dividends paid to related party ($0.04 per share) | — | — | — | — | (2,559) | (2,559) |
| Dividends paid to non-related party ($0.04 per share) | — | — | — | — | (7,770) | (7,770) |
| Balance as of December 31, 2022 | 256,597,342 | $2,566 | $745,164 | $(8,070) | $(401,945) | $337,715 |
| Net income | — | — | — | — | (255,250) | (255,250) |
| Other comprehensive income (loss): | ||||||
| Commodity, interest rate and foreign currency derivatives income, net of tax of $(474) | — | — | — | 1,713 | — | 1,713 |
| Commodity, interest rate and foreign currency derivatives reclassification adjustments, net of tax of $4,898 | — | — | — | (15,267) | — | (15,267) |
| Foreign currency translation adjustments, net of tax of $(8) | — | — | — | 10,166 | — | 10,166 |
| Total other comprehensive loss | — | — | — | (3,388) | — | (3,388) |
| Stock-based compensation | 258,153 | 2 | 4,431 | — | — | 4,433 |
| Payments for taxes related to net share settlement of equity awards | (23,625) | — | (68) | — | (61) | (129) |
| Dividends paid to related party ($0.02 per share) | — | — | — | — | (1,280) | (1,280) |
| Dividends paid to non-related party ($0.02 per share) | — | — | — | — | (3,854) | (3,854) |
| Balance as of December 31, 2023 | 256,831,870 | $2,568 | $749,527 | $(11,458) | $(662,390) | $78,247 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.