Worthington Steel Inc
For the period ended May 31, 2024. Filed Aug 2, 2024.
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FY2024 · Filed Aug 2, 2024
WS$39.37+1.2%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 and Combined Statements of Shareholders’ Equity
(Dollars in millions, except per common share amounts)
| Controlling Interest | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net · Accumulated | |||||||||||||
| Investment · Other | |||||||||||||
| Additional · by the · Comprehensive | |||||||||||||
| Common Shares · Paid-in · Former · Income (Loss), · Retained · Noncontrolling | |||||||||||||
| Shares · Amount · Capital · Parent · Net of Tax · Earnings · Total · Interests · Total | |||||||||||||
| Balance at May 31, 2021 | - | $ | - | $ | - | $622.9 | $38.4 | $ | - | $661.3 | $153.5 | $814.8 | |
| Net earnings | - | - | - | 180.4 | - | - | 180.4 | 19.9 | 200.3 | ||||
| Other comprehensive loss | - | - | - | - | (36.5) | - | (36.5) | - | (36.5) | ||||
| Transfers from the Former Parent, net | - | - | - | 328.0 | - | - | 328.0 | - | 328.0 | ||||
| Dividends to noncontrolling interests | - | - | - | - | - | - | - | (35.2) | (35.2) | ||||
| Purchase of noncontrolling interest in Worthington Taylor, LLC | - | - | - | - | - | - | - | (5.0) | (5.0) | ||||
| Balance at May 31, 2022 | - | $ | - | $ | - | $1,131.3 | $1.9 | $ | - | $1,133.2 | $133.2 | $1,266.4 | |
| Net earnings | - | - | - | 87.1 | - | - | 87.1 | 12.6 | 99.7 | ||||
| Other comprehensive loss | - | - | - | - | (4.0) | - | (4.0) | - | (4.0) | ||||
| Transfers to the Former Parent, net | - | - | - | (187.3) | - | - | (187.3) | - | (187.3) | ||||
| Dividends to noncontrolling interests | - | - | - | - | - | - | - | (20.2) | (20.2) | ||||
| Balance at May 31, 2023 | - | $ | - | $ | - | $1,031.1 | $(2.1) | $ | - | $1,029.0 | $125.6 | $1,154.6 | |
| Net earnings | - | - | - | 52.5 | - | 102.2 | 154.7 | 15.4 | 170.1 | ||||
| Other comprehensive loss | - | - | - | - | (4.0) | - | (4.0) | - | (4.0) | ||||
| Distribution to the Former Parent in connection with the Separation | - | - | (150.0) | - | - | - | (150.0) | - | (150.0) | ||||
| Transfers from (to) the Former Parent, net | - | - | 11.4 | (44.1) | - | - | (32.7) | - | (32.7) | ||||
| Transfers of Net Investment by the Former Parent to Additional Paid-in Capital | 49,286,517 | - | 1,039.5 | (1,039.5) | - | - | - | - | - | ||||
| Common shares issued, net of withholding tax | 44,997 | - | 0.2 | - | - | - | 0.2 | - | 0.2 | ||||
| Theoretical common shares in non-qualified deferred compensation plans | - | - | - | - | - | - | - | - | - | ||||
| Stock-based compensation | - | - | 4.2 | - | - | - | 4.2 | - | 4.2 | ||||
| Dividends to noncontrolling interests | - | - | - | - | - | - | - | (8.8) | (8.8) | ||||
| Cash dividends declared ($0.32) per common share | - | - | - | - | - | (16.1) | (16.1) | - | (16.1) | ||||
| Balance at May 31, 2024 | 49,331,514 | $ | - | $905.3 | $ | - | $(6.1) | $86.1 | $985.3 | $132.2 | $1,117.5 | ||
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