Worthington Steel Inc

For the period ended May 31, 2024. Filed Aug 2, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Aug 2, 2024

WS$38.92+6.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Financial Statements and Supplementary Data

Item 8. – Financial Statem ents and Supplementary Data

INDEX TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS

ITEM	PAGE
Report of Independent Registered Public Accounting Firm	42
Consolidated and Combined Balance Sheets	44
Consolidated and Combined Statements of Earnings	46
Consolidated and Combined Statements of Comprehensive Income	47
Consolidated and Combined Statements of Shareholders’ Equity	48
Consolidated and Combined Statements of Cash Flows	49
Notes to Consolidated and Combined Financial Statements	50
Note A - Description of Business, The Separation, Agreements with the Former Parent and Separation Costs, and Basis of Presentation	50
Note B - Revenue Recognition	58
Note C - Investment in Unconsolidated Affiliate	58
Note D - Goodwill and Other Long-Lived Assets	59
Note E - Restructuring and Other Income, Net	60
Note F - Contingent Liabilities and Commitments	61
Note G - Guarantees	61
Note H - Debt	61
Note I - Comprehensive Income (Loss)	63
Note J - Equity	63
Note K - Stock-Based Compensation	64
Note L - Employee Retirement Plans	66
Note M - Income Taxes	70
Note N - Earnings Per Common Share	72
Note O - Acquisitions	73
Note P - Derivative Financial Instruments and Hedging Activities	74
Note Q - Fair Value Measurements	77
Note R - Leases	78
Note S - Related Party Transactions	80
Note T - Subsequent Events	81

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.