Otter Tail Corp
For the period ended Dec 31, 2023. Filed Feb 14, 2024.
View on SEC.govAbout 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.
FY2023 · Filed Feb 14, 2024
OTTR$79.86+1.8%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 Shareholders’ Equity
| (in thousands, except common stock outstanding) | CommonStockOutstanding | Par Value,CommonStock | Additional Paid-In Capital | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | Total Shareholders' Equity |
|---|---|---|---|---|---|---|
| Balance, December 31, 2020 | 41,469,879 | $207,349 | $414,246 | $257,878 | $(8,507) | $870,966 |
| Stock Issued Under Dividend Reinvestment and Stock Purchase Plans, Net of Expenses | 11,540 | 58 | 446 | — | — | 504 |
| Stock Issued Under Share-Based Compensation Plans, Net of Shares Withheld for Employee Taxes | 70,105 | 351 | (1,840) | — | — | (1,489) |
| Net Income | — | — | — | 176,769 | — | 176,769 |
| Other Comprehensive Income | — | — | — | — | 1,983 | 1,983 |
| Stock Compensation Expense | — | — | 6,908 | — | — | 6,908 |
| Common Dividends ($1.56 per share) | — | — | — | (64,864) | — | (64,864) |
| Balance, December 31, 2021 | 41,551,524 | $207,758 | $419,760 | $369,783 | $(6,524) | $990,777 |
| Employee Stock Purchase Plan Expenses | — | — | (219) | — | — | (219) |
| Stock Issued Under Share-Based Compensation Plans, Net of Shares Withheld for Employee Taxes | 79,589 | 398 | (3,321) | — | — | (2,923) |
| Net Income | — | — | — | 284,184 | — | 284,184 |
| Other Comprehensive Income | — | — | — | — | 7,439 | 7,439 |
| Stock Compensation Expense | — | — | 6,814 | — | — | 6,814 |
| Common Dividends ($1.65 per share) | — | — | — | (68,755) | — | (68,755) |
| Balance, December 31, 2022 | 41,631,113 | $208,156 | $423,034 | $585,212 | $915 | $1,217,317 |
| Employee Stock Purchase Plan Expenses | — | — | (339) | — | — | (339) |
| Stock Issued Under Share-Based Compensation Plans, Net of Shares Withheld for Employee Taxes | 79,408 | 397 | (3,485) | — | — | (3,088) |
| Net Income | — | — | — | 294,191 | — | 294,191 |
| Other Comprehensive Income | — | — | — | — | 233 | 233 |
| Stock Compensation Expense | — | — | 7,753 | — | — | 7,753 |
| Common Dividends ($1.75 per share) | — | — | — | (73,061) | — | (73,061) |
| Balance, December 31, 2023 | 41,710,521 | $208,553 | $426,963 | $806,342 | $1,148 | $1,443,006 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.