CECO ENVIRONMENTAL CORP
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
CECO$52.00+19.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
| Accumulated | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Capital in · Other · Total | ||||||||||
| Common Stock · excess of · Accumulated · Comprehensive · Treasury Stock · Noncontrolling · Shareholders' | ||||||||||
| (in thousands) · Shares · Amount · par value · Loss · Loss · Shares · Amount · Interest · Equity | ||||||||||
| Balance January 1, 2021 | 35,505 | $355 | $255,296 | $(38,141) | $(14,496) | (138) | $(356) | $953 | $203,611 | |
| Net income for the year ended December 31, 2021 | - | - | - | 1,426 | - | - | - | 557 | 1,983 | |
| Exercise of stock options | 2 | - | 13 | - | - | - | - | - | 13 | |
| Restricted stock units issued | 263 | 3 | (517) | - | - | - | - | - | (514) | |
| Share-based compensation earned | 39 | - | 3,558 | - | - | - | - | - | 3,558 | |
| Common stock repurchase and retirement (See Note 9) | (781) | (8) | (5,361) | - | - | 138 | 356 | - | (5,013) | |
| Adjustment for minimum pension liability, net of tax of $866 | - | - | - | - | 2,964 | - | - | - | 2,964 | |
| Translation loss | - | - | - | - | (538) | - | - | - | (538) | |
| Noncontrolling interest distribution | - | - | - | - | - | - | - | (107) | (107) | |
| Balance December 31, 2021 | 35,028 | $350 | $252,989 | $(36,715) | $(12,070) | - | $ | - | $1,403 | $205,957 |
| Net income for the year ended December 31, 2022 | - | - | - | 17,417 | - | - | - | 846 | 18,263 | |
| Exercise of stock options | 43 | - | 377 | - | - | - | - | - | 377 | |
| Restricted stock units issued | 286 | 3 | (443) | - | - | - | - | - | (440) | |
| Share-based compensation earned | 57 | 1 | 4,261 | - | - | - | - | - | 4,262 | |
| Common stock repurchase and retirement (See Note 9) | (1,032) | (10) | (7,010) | - | - | - | - | - | (7,020) | |
| Adjustment for minimum pension liability, net of tax of $97 | - | - | - | - | (291) | - | - | - | (291) | |
| Translation loss | - | - | - | - | (5,635) | - | - | - | (5,635) | |
| Noncontrolling interest distribution | - | - | - | - | - | - | - | (1,425) | (1,425) | |
| Fair value of noncontrolling interest equity issued (See Note 14) | - | - | - | - | - | - | - | 4,100 | 4,100 | |
| Balance December 31, 2022 | 34,382 | $344 | $250,174 | $(19,298) | $(17,996) | - | $ | - | $4,924 | $218,148 |
| Net income for the year ended December 31, 2023 | - | - | - | 12,911 | - | - | - | 1,590 | 14,501 | |
| Exercise of stock options | 101 | 1 | 1,209 | - | - | - | - | - | 1,210 | |
| Restricted stock units issued | 328 | 3 | (1,189) | - | - | - | - | - | (1,186) | |
| Share-based compensation earned | 24 | - | 4,762 | - | - | - | - | - | 4,762 | |
| Adjustment for minimum pension liability, net of tax of $619 | - | - | - | - | 1,225 | - | - | - | 1,225 | |
| Translation gain | - | - | - | - | 497 | - | - | - | 497 | |
| Noncontrolling interest distribution | - | - | - | - | - | - | - | (1,666) | (1,666) | |
| Balance December 31, 2023 | 34,835 | $348 | $254,956 | $(6,387) | $(16,274) | - | $ | - | $4,848 | $237,491 |
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