Iridium Communications Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Feb 15, 2024
IRDM$46.13+2.3%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 Statements of Changes in Stockholders’ Equity
| Additional Paid-In Capital · AccumulatedOther Comprehensive Income (Loss) · Retained Earnings (Accumulated Deficit) · Total Stockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares · Amount | ||||||
| Balance at December 31, 2020 | 134,056 | $134 | $1,160,570 | $(17,180) | $275,915 | $1,419,439 |
| Stock-based compensation | — | — | 29,616 | — | — | 29,616 |
| Stock options exercised and awards vested | 1,769 | 1 | 7,442 | — | — | 7,443 |
| Stock withheld to cover employee taxes | (144) | — | (5,918) | — | — | (5,918) |
| Repurchases and retirements of common stock | (4,339) | (4) | (37,652) | — | (125,786) | (163,442) |
| Net loss | — | — | — | — | (9,319) | (9,319) |
| Cumulative translation adjustments | — | — | — | (280) | — | (280) |
| Unrealized gain on cash flow hedges, net of tax | — | — | — | 10,408 | — | 10,408 |
| Balance at December 31, 2021 | 131,342 | 131 | 1,154,058 | (7,052) | 140,810 | 1,287,947 |
| Stock-based compensation | — | — | 48,367 | — | — | 48,367 |
| Stock options exercised and awards vested | 1,484 | 2 | 3,870 | — | — | 3,872 |
| Stock withheld to cover employee taxes | (130) | — | (5,293) | — | — | (5,293) |
| Repurchases and retirements of common stock | (6,794) | (7) | (59,776) | — | (197,276) | (257,059) |
| Net income | — | — | — | — | 8,722 | 8,722 |
| Dividends declared | — | — | (16,616) | — | — | (16,616) |
| Cumulative translation adjustments | — | — | — | (53) | — | (53) |
| Unrealized gain on cash flow hedges, net of tax | — | — | — | 58,668 | — | 58,668 |
| Balance at December 31, 2022 | 125,902 | 126 | 1,124,610 | 51,563 | (47,744) | 1,128,555 |
| Stock-based compensation | — | — | 64,139 | — | — | 64,139 |
| Stock options exercised and awards vested | 1,788 | 2 | 3,956 | — | — | 3,958 |
| Stock withheld to cover employee taxes | (162) | — | (9,680) | — | — | (9,680) |
| Repurchases and retirements of common stock | (4,752) | (5) | (43,946) | — | (203,068) | (247,019) |
| Net income | — | — | — | — | 15,415 | 15,415 |
| Dividends declared | — | — | (49,613) | — | — | (49,613) |
| Cumulative translation adjustments | — | — | — | (58) | — | (58) |
| Unrealized loss on cash flow hedges, net of tax | — | — | — | (17,598) | — | (17,598) |
| Balance at December 31, 2023 | 122,776 | $123 | $1,089,466 | $33,907 | $(235,397) | $888,099 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.