BENTLEY SYSTEMS INC
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
BSY$45.40+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity F-
Consolidated Statements of Equity
(in thousands, except share data)
| Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Accumulated · Bentley | ||||||||
| Class A and Class B · Additional · Other · Systems · Non- | ||||||||
| Common Stock · Paid-In · Comprehensive · Accumulated · Stockholders' · Controlling · Total | ||||||||
| Shares | Par Value | Capital | Loss | Deficit | Equity | Interest | Equity | |
| Balance, December 31, 2021 | 282,526,719 | $2,825 | $937,805 | $(91,774) | $(439,634) | $409,222 | $— | $409,222 |
| Net income | — | — | — | — | 174,780 | 174,780 | — | 174,780 |
| Other comprehensive income | — | — | — | 2,034 | — | 2,034 | — | 2,034 |
| Dividends declared | — | — | — | — | (34,353) | (34,353) | — | (34,353) |
| Shares issued in connection with DCP, net | 3,541,375 | 35 | (27) | — | (24,254) | (24,246) | — | (24,246) |
| DCP elective participant deferrals | — | — | 6,580 | — | — | 6,580 | — | 6,580 |
| Shares issued in connection with Bonus Plan, net | 445,050 | 5 | 21,920 | — | (5,197) | 16,728 | — | 16,728 |
| Shares issued in connection with employee stock purchase plan, net | 307,406 | 3 | 10,332 | — | (273) | 10,062 | — | 10,062 |
| Stock option exercises, net | 2,613,659 | 26 | 8,312 | — | (9,188) | (850) | — | (850) |
| Acquisition option exercises, net | 185,178 | 2 | (2) | — | — | — | — | — |
| Shares issued for stock grants, net | 13,632 | — | 450 | — | — | 450 | — | 450 |
| Stock-based compensation expense | — | — | 45,100 | — | — | 45,100 | — | 45,100 |
| Shares related to restricted stock, net | 277,594 | 3 | (4) | — | (4,491) | (4,492) | — | (4,492) |
| Repurchases of Class B common stock under approved program | (896,126) | (9) | — | — | (28,241) | (28,250) | — | (28,250) |
| Other | — | — | — | — | (15) | (15) | — | (15) |
| Noncontrolling interest acquired | — | — | — | — | — | — | 704 | 704 |
| Balance, December 31, 2022 | 289,014,487 | 2,890 | 1,030,466 | (89,740) | (370,866) | 572,750 | 704 | 573,454 |
| Net income | — | — | — | — | 326,787 | 326,787 | — | 326,787 |
| Other comprehensive income | — | — | — | 4,753 | — | 4,753 | — | 4,753 |
| Dividends declared | — | — | — | — | (58,756) | (58,756) | — | (58,756) |
| Shares issued in connection with DCP, net | 3,410,006 | 34 | (34) | — | (38,456) | (38,456) | — | (38,456) |
| DCP elective participant deferrals | — | — | 1,765 | — | — | 1,765 | — | 1,765 |
| Shares issued in connection with Bonus Plan, net | 247,867 | 3 | 16,788 | — | (5,756) | 11,035 | — | 11,035 |
| Shares issued in connection with employee stock purchase plan, net | 315,840 | 3 | 9,985 | — | (845) | 9,143 | — | 9,143 |
| Stock option exercises, net | 2,621,959 | 26 | 11,689 | — | (6,581) | 5,134 | — | 5,134 |
| Shares issued for stock grants, net | 12,639 | — | 600 | — | — | 600 | — | 600 |
| Stock-based compensation expense | — | — | 55,982 | — | — | 55,982 | — | 55,982 |
| Shares related to restricted stock, net | 643,039 | 7 | (7) | — | (7,299) | (7,299) | — | (7,299) |
| Other | — | — | — | — | (160) | (160) | — | (160) |
| Balance, December 31, 2023 | 296,265,837 | 2,963 | 1,127,234 | (84,987) | (161,932) | 883,278 | 704 | 883,982 |
| Net income (loss) | — | — | — | — | 234,787 | 234,787 | (354) | 234,433 |
| Other comprehensive loss | — | — | — | (19,091) | — | (19,091) | (42) | (19,133) |
| Dividends declared | — | — | — | — | (72,115) | (72,115) | — | (72,115) |
| Shares issued in connection with DCP | 4,707,845 | 47 | (47) | — | — | — | — | — |
| DCP elective participant deferrals | — | — | 188 | — | — | 188 | — | 188 |
| Shares issued in connection with Bonus Plan | 282,340 | 3 | 14,473 | — | — | 14,476 | — | 14,476 |
| Shares issued in connection with employee stock purchase plan, net | 253,578 | 2 | 11,226 | — | (348) | 10,880 | — | 10,880 |
| Stock option exercises, net | 844,283 | 8 | 3,999 | — | (2,195) | 1,812 | — | 1,812 |
| Shares issued for stock grants, net | 11,391 | — | 600 | — | — | 600 | — | 600 |
| Stock-based compensation expense | — | — | 60,322 | — | — | 60,322 | — | 60,322 |
| Shares related to restricted stock, net | 904,789 | 9 | (9) | — | (9,966) | (9,966) | — | (9,966) |
| Repurchases of Class B common stock under approved program | (1,292,733) | (12) | — | — | (64,347) | (64,359) | — | (64,359) |
| Other | — | — | — | — | 175 | 175 | (175) | — |
| Balance, December 31, 2024 | 301,977,330 | $3,020 | $1,217,986 | $(104,078) | $(75,941) | $1,040,987 | $133 | $1,041,120 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.