PIPER SANDLER COMPANIES
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
PIPR$65.92-1.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders' Equity
| Accumulated · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Common · Additional · Other · Common · Total | |||||||||
| (Amounts in thousands, | Shares | Common | Paid-In | Retained | Treasury | Comprehensive | Shareholders' | Noncontrolling | Shareholders' |
| except share amounts) | Outstanding | Stock | Capital | Earnings | Stock | Loss | Equity | Interests | Equity |
| Balance at December 31, 2023 | 15,200,149 | $195 | $988,136 | $454,358 | $(356,297) | $(894) | $1,085,498 | $213,975 | $1,299,473 |
| Net income | — | — | — | 42,493 | — | — | 42,493 | 7,085 | 49,578 |
| Dividends | — | — | — | (35,660) | — | — | (35,660) | — | (35,660) |
| Amortization/issuance of restricted stock (1) | — | — | 60,185 | — | — | — | 60,185 | — | 60,185 |
| Issuance of treasury shares for restricted stock vestings | 730,695 | — | (61,232) | — | 61,232 | — | — | — | — |
| Repurchase of common stock from employees | (288,977) | — | — | — | (52,091) | — | (52,091) | — | (52,091) |
| Shares reserved/issued for director compensation | 555 | — | 106 | — | — | — | 106 | — | 106 |
| Other comprehensive income | — | — | — | — | — | 44 | 44 | — | 44 |
| Fund capital contributions, net | — | — | — | — | — | — | — | 3,395 | 3,395 |
| Balance at March 31, 2024 | 15,642,422 | $195 | $987,195 | $461,191 | $(347,156) | $(850) | $1,100,575 | $224,455 | $1,325,030 |
| Net income/(loss) | — | — | — | 34,773 | — | — | 34,773 | (19,803) | 14,970 |
| Dividends | — | — | — | (14,787) | — | — | (14,787) | — | (14,787) |
| Amortization/issuance of restricted stock (1) | — | — | 10,608 | — | — | — | 10,608 | — | 10,608 |
| Issuance of treasury shares for restricted stock vestings | 284,320 | — | (25,260) | — | 25,260 | — | — | — | — |
| Repurchase of common stock from employees | (27,153) | — | — | — | (5,496) | — | (5,496) | — | (5,496) |
| Shares reserved/issued for director compensation | 2,542 | — | 527 | — | — | — | 527 | — | 527 |
| Other comprehensive income | — | — | — | — | — | 58 | 58 | — | 58 |
| Fund capital contributions, net | — | — | — | — | — | — | — | 9,898 | 9,898 |
| Balance at June 30, 2024 | 15,902,131 | $195 | $973,070 | $481,177 | $(327,392) | $(792) | $1,126,258 | $214,550 | $1,340,808 |
| Continued on next page | |||||||||
Consolidated Statements of Changes in Shareholders' Equity - Continued
| Accumulated · Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Common · Additional · Other · Common · Total | |||||||||
| (Amounts in thousands, | Shares | Common | Paid-In | Retained | Treasury | Comprehensive | Shareholders' | Noncontrolling | Shareholders' |
| except share amounts) | Outstanding | Stock | Capital | Earnings | Stock | Loss | Equity | Interests | Equity |
| Balance at December 31, 2022 | 13,673,064 | $195 | $1,044,719 | $453,311 | $(441,653) | $(2,499) | $1,054,073 | $199,955 | $1,254,028 |
| Net income | — | — | — | 25,634 | — | — | 25,634 | 7,812 | 33,446 |
| Dividends | — | — | — | (50,861) | — | — | (50,861) | — | (50,861) |
| Amortization/issuance of restricted stock (1) | — | — | 67,682 | — | — | — | 67,682 | — | 67,682 |
| Issuance of treasury shares for restricted stock vestings | 1,584,696 | — | (121,284) | — | 121,284 | — | — | — | — |
| Repurchase of common stock from employees | (426,031) | — | — | — | (60,831) | — | (60,831) | — | (60,831) |
| Shares reserved/issued for director compensation | 1,398 | — | 192 | — | — | — | 192 | — | 192 |
| Other comprehensive income | — | — | — | — | — | 955 | 955 | — | 955 |
| Fund capital distributions, net | — | — | — | — | — | — | — | (5,048) | (5,048) |
| Balance at March 31, 2023 | 14,833,127 | $195 | $991,309 | $428,084 | $(381,200) | $(1,544) | $1,036,844 | $202,719 | $1,239,563 |
| Net income | — | — | — | 3,954 | — | — | 3,954 | 10,677 | 14,631 |
| Dividends | — | — | — | (13,271) | — | — | (13,271) | — | (13,271) |
| Amortization/issuance of restricted stock (1) | — | — | 6,693 | — | — | — | 6,693 | — | 6,693 |
| Issuance of treasury shares for restricted stock vestings | 261,531 | — | (21,158) | — | 21,158 | — | — | — | — |
| Repurchase of common stock from employees | (21,423) | — | — | — | (2,886) | — | (2,886) | — | (2,886) |
| Shares reserved/issued for director compensation | 4,930 | — | 639 | — | — | — | 639 | — | 639 |
| Other comprehensive income | — | — | — | — | — | 779 | 779 | — | 779 |
| Fund capital contributions, net | — | — | — | — | — | — | — | 12,323 | 12,323 |
| Balance at June 30, 2023 | 15,078,165 | $195 | $977,483 | $418,767 | $(362,928) | $(765) | $1,032,752 | $225,719 | $1,258,471 |
(1)Includes amortization of restricted stock issued in conjunction with the Company's acquisitions.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.