RELIANCE INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
RS$421.07+1.0%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
(in millions, except per share amounts)
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| | Year Ended December 31, | |||||||
| · 2023 · 2022 · 2021 | ||||||||
| Total equity, beginning balances | $7,095.9 | | $6,093.7 | | $5,122.7 | |||
| | | | | | | | | |
| Common stock and additional paid-in capital: | | | | | | | | |
| Beginning balances | | 0.1 | | | 0.1 | | | 0.1 |
| Stock-based compensation | | 65.0 | | | 65.3 | | | 70.8 |
| Taxes paid related to net share settlement of restricted stock units | | (54.1) | | | (39.7) | | | (21.2) |
| Repurchase of common shares | | (7.0) | | | (25.6) | | | (49.6) |
| Excise tax on repurchase of common shares | | (3.9) | | | — | | | — |
| Ending balances | | 0.1 | | | 0.1 | | | 0.1 |
| | | | | | | | | |
| Retained earnings: | | | | | | | | |
| Beginning balances | | 7,173.6 | | | 6,155.3 | | | 5,193.2 |
| Net income attributable to Reliance | | 1,335.9 | | | 1,840.1 | | | 1,413.0 |
| Cash dividends and dividend equivalents | | (238.1) | | | (217.1) | | | (177.0) |
| Repurchase of common shares | | (472.5) | | | (604.7) | | | (273.9) |
| Ending balances | | 7,798.9 | | | 7,173.6 | | | 6,155.3 |
| | | | | | | | | |
| Accumulated other comprehensive loss: | | | | | | | | |
| Beginning balances | | (86.3) | | | (68.9) | | | (77.9) |
| Other comprehensive income (loss) | | 9.6 | | | (17.4) | | | 9.0 |
| Ending balances | | (76.7) | | | (86.3) | | | (68.9) |
| | | | | | | | | |
| Total Reliance stockholders' equity, ending balances | | 7,722.3 | | | 7,087.4 | | | 6,086.5 |
| | | | | | | | | |
| Noncontrolling interests: | | | | | | | | |
| Beginning balances | | 8.5 | | | 7.2 | | | 7.3 |
| Comprehensive income | | 4.2 | | | 4.1 | | | 4.4 |
| Capital contribution | | — | | | 0.3 | | | — |
| Dividends paid | | (2.2) | | | (3.1) | | | (4.5) |
| Ending balances | | 10.5 | | | 8.5 | | | 7.2 |
| | | | | | | | | |
| Total equity, ending balances | $7,732.8 | | $7,095.9 | | $6,093.7 | |||
| | | | | | | | | |
| Cash dividends declared per common share | $4.00 | | $3.50 | | $2.75 | |||
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