Verisk Analytics Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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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.
Sep 30, 2024 · Filed Oct 30, 2024
VRSK$204.02+1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Stockholders’ Equity
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)
For The Three Months Ended September 30, 2024 and 2023
| Common Stock Issued | Par Value | Additional Paid-in Capital | Treasury Stock | Retained Earnings | Accumulated Other Comprehensive Income/(Losses) | Total Verisk Stockholders' Equity | Noncontrolling Interests | Total Stockholders’ Equity | |
|---|---|---|---|---|---|---|---|---|---|
| (in millions, except for share data) | |||||||||
| Balance, July 1, 2024 | 544,003,038 | $0.1 | $2,942.8 | $(9,389.2) | $6,833.3 | $43.3 | $430.3 | $5.0 | $435.3 |
| Net income (loss) | — | — | — | — | 220.1 | — | 220.1 | (0.1) | 220.0 |
| Other comprehensive (loss) income | — | — | — | — | — | 47.6 | 47.6 | 0.2 | 47.8 |
| Investment in noncontrolling interests | — | — | — | — | — | 0.1 | 0.1 | — | 0.1 |
| Common stock dividend (1) | — | — | — | — | (55.3) | — | (55.3) | — | (55.3) |
| Treasury stock acquired (1,371,626 shares) | — | — | 22.5 | (422.7) | — | — | (400.2) | — | (400.2) |
| Treasury stock shares repurchased not yet settled | — | — | (60.0) | 60.0 | — | — | — | — | — |
| Excise tax associated with share repurchases | — | — | — | (2.8) | — | — | (2.8) | — | (2.8) |
| Stock options exercised (300,026 shares transferred from treasury stock) | — | — | 40.3 | 7.3 | — | — | 47.6 | — | 47.6 |
| Restricted stock ("RSAs") lapsed (2,089 shares transferred from treasury stock) | — | — | (0.1) | 0.1 | — | — | — | — | — |
| Stock-based compensation expense | — | — | 11.6 | — | — | — | 11.6 | — | 11.6 |
| Net share settlement from RSAs (1,652 shares withheld for tax settlement) | — | — | (0.4) | — | — | — | (0.4) | — | (0.4) |
| Other stock issuances (5,642 shares transferred from treasury stock) | — | — | 1.0 | — | — | — | 1.0 | — | 1.0 |
| Balance, September 30, 2024 | 544,003,038 | $0.1 | $2,957.7 | $(9,747.3) | $6,998.1 | $91.0 | $299.6 | $5.1 | $304.7 |
| Balance, July 1, 2023 | 544,003,038 | $0.1 | $2,367.7 | $(8,273.3) | $6,153.8 | $45.7 | $294.0 | $11.8 | $305.8 |
| Net income | — | — | — | — | 187.4 | — | 187.4 | — | 187.4 |
| Other comprehensive loss | — | — | — | — | — | (31.0) | (31.0) | (1.1) | (32.1) |
| Investment in noncontrolling interests | — | — | — | — | — | 1.1 | 1.1 | — | 1.1 |
| Common stock dividend (1) | — | — | — | — | (49.4) | — | (49.4) | — | (49.4) |
| Treasury stock acquired (208,422 shares) | — | — | — | (49.8) | — | — | (49.8) | — | (49.8) |
| Excise tax associated with share repurchases | — | — | — | (0.2) | — | — | (0.2) | — | (0.2) |
| Stock options exercised (175,154 shares transferred from treasury stock) | — | — | 15.6 | 3.7 | — | — | 19.3 | — | 19.3 |
| RSAs lapsed (1,506 shares transferred from treasury stock) | — | — | — | — | — | — | — | — | — |
| Stock-based compensation expense | 12.4 | — | — | — | 12.4 | — | 12.4 | ||
| Net share settlement from RSAs (952 shares withheld for tax settlement) | (0.2) | — | — | — | (0.2) | — | (0.2) | ||
| Other stock issuances (5,714 shares transferred from treasury stock) | — | — | 0.7 | 0.2 | — | — | 0.9 | — | 0.9 |
| Balance, September 30, 2023 | 544,003,038 | $0.1 | $2,396.2 | $(8,319.4) | $6,291.8 | $15.8 | $384.5 | $10.7 | $395.2 |
(1)Refer to Note 11. Stockholders' Equity for discussion related to quarterly cash dividends declared per share
VERISK ANALYTICS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)
For The Nine Months Ended September 30, 2024 and 2023
| Common Stock Issued | Par Value | Additional Paid-in Capital | Treasury Stock | Retained Earnings | Accumulated Other Comprehensive Income/(Losses) | Total Verisk Stockholders' Equity | Noncontrolling Interests | Total Stockholders’ Equity | |
|---|---|---|---|---|---|---|---|---|---|
| (in millions, except for share data) | |||||||||
| Balance, January 1, 2024 | 544,003,038 | $0.1 | $2,872.3 | $(9,037.5) | $6,416.9 | $58.2 | $310.0 | $12.2 | $322.2 |
| Net income | — | — | — | — | 747.8 | — | 747.8 | (0.6) | 747.2 |
| Other comprehensive (loss) income | — | — | — | — | — | 32.1 | 32.1 | 1.1 | 33.2 |
| Investment in noncontrolling interests | — | — | (7.0) | — | — | 0.7 | (6.3) | (7.6) | (13.9) |
| Common stock dividend (1) | — | — | — | — | (166.6) | — | (166.6) | — | (166.6) |
| Treasury stock acquired (2,895,946 shares) | — | — | 37.5 | (787.9) | — | — | (750.4) | — | (750.4) |
| Treasury stock shares repurchased not yet settled | (60.0) | 60.0 | — | — | — | — | — | ||
| Excise tax associated with share repurchases | — | — | — | (4.8) | — | — | (4.8) | — | (4.8) |
| Stock options exercised (873,272 shares transferred from treasury stock) | — | — | 90.1 | 20.4 | — | — | 110.5 | — | 110.5 |
| PSUs lapsed (27,819 shares transferred from treasury stock) | — | — | (0.6) | 0.6 | — | — | — | — | — |
| RSAs lapsed (65,351 shares transferred from treasury stock) | — | — | (1.5) | 1.5 | — | — | — | — | — |
| Stock-based compensation expense | — | — | 37.2 | — | — | — | 37.2 | — | 37.2 |
| Net share settlement from RSAs (54,629 shares withheld for tax settlement) | — | — | (13.0) | — | — | — | (13.0) | — | (13.0) |
| Other stock issuances (17,520 shares transferred from treasury stock) | — | — | 2.7 | 0.4 | — | — | 3.1 | — | 3.1 |
| Balance, September 30, 2024 | 544,003,038 | $0.1 | $2,957.7 | $(9,747.3) | $6,998.1 | $91.0 | $299.6 | $5.1 | $304.7 |
| Balance, January 1, 2023 | 544,003,038 | $0.1 | $2,720.8 | $(6,239.5) | $5,999.1 | $(731.2) | $1,749.3 | $18.4 | $1,767.7 |
| Net income | — | — | — | — | 440.6 | — | 440.6 | — | 440.6 |
| Other comprehensive income | — | — | — | — | — | 745.8 | 745.8 | (1.2) | 744.6 |
| Investment in noncontrolling interests | — | — | (3.9) | — | — | 1.2 | (2.7) | (6.5) | (9.2) |
| Common stock dividend (1) | — | — | — | — | (147.9) | — | (147.9) | — | (147.9) |
| Treasury stock acquired (11,111,210 shares) | — | — | 37.5 | (2,588.6) | — | — | (2,551.1) | — | (2,551.1) |
| Excise tax associated with share repurchases | — | (18.3) | — | (18.3) | — | (18.3) | |||
| Share repurchases via accelerated share repurchase program not yet settled | (500.3) | 500.3 | — | — | — | — | |||
| Stock options exercised (1,224,259 shares transferred from treasury stock) | — | — | 109.4 | 24.1 | — | — | 133.5 | — | 133.5 |
| PSUs lapsed (27,771 shares transferred from treasury stock) | — | — | (0.4) | 0.4 | — | — | — | — | — |
| RSAs lapsed (101,292 shares transferred from treasury stock) | — | — | (1.7) | 1.7 | — | — | — | — | — |
| Stock-based compensation expense | — | — | 46.3 | — | — | — | 46.3 | — | 46.3 |
| Net share settlement from RSAs (76,118 shares withheld for tax settlement) | — | — | (14.0) | — | — | — | (14.0) | — | (14.0) |
| Other stock issuances (22,006 shares transferred from treasury stock) | — | — | 2.5 | 0.5 | — | — | 3.0 | — | 3.0 |
| Balance, September 30, 2023 | 544,003,038 | $0.1 | $2,396.2 | $(8,319.4) | $6,291.8 | $15.8 | $384.5 | $10.7 | $395.2 |
(1)Refer to Note 11. Stockholders' Equity for discussion related to quarterly cash dividends declared per share
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.