Element Solutions Inc
For the period ended Sep 30, 2024. Filed Oct 29, 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.
Sep 30, 2024 · Filed Oct 29, 2024
ESI$32.75-0.6%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
(dollars in millions, except share amounts)
| Three Months Ended September 30, 2024 · Common Stock · AdditionalPaid-inCapital · Treasury Stock · AccumulatedDeficit · Accumulated Other Comprehensive (Loss) Income · TotalStockholders'Equity · Non-controlling Interests · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| Balance at June 30, 2024 | 267,112,209 | $2.7 | $4,206.2 | 24,969,801 | $(349.4) | $(1,073.2) | $(413.2) | $2,373.1 | $15.6 | $2,388.7 |
| Net income | — | — | — | — | — | 40.3 | — | 40.3 | 0.1 | 40.4 |
| Other comprehensive income (loss), net of taxes | — | — | — | — | — | — | 41.3 | 41.3 | (0.1) | 41.2 |
| Exercise/ vesting of share based compensation | 4,494 | — | — | 1,410 | (0.1) | — | — | (0.1) | — | (0.1) |
| Issuance of common stock under Employee Stock Purchase Plan | 17,141 | — | 0.4 | — | — | — | — | 0.4 | — | 0.4 |
| Dividends ($0.08 per share) | — | — | — | — | — | (19.5) | — | (19.5) | — | (19.5) |
| Equity compensation expense | — | — | 3.8 | — | — | — | — | 3.8 | — | 3.8 |
| Changes in non-controlling interests | — | — | — | — | — | — | — | — | (0.2) | (0.2) |
| Balance at September 30, 2024 | 267,133,844 | $2.7 | $4,210.4 | 24,971,211 | $(349.5) | $(1,052.4) | $(371.9) | $2,439.3 | $15.4 | $2,454.7 |
| Three Months Ended September 30, 2023 · Common Stock · AdditionalPaid-inCapital · Treasury Stock · AccumulatedDeficit · Accumulated Other Comprehensive (Loss) Income · TotalStockholders'Equity · Non-controlling Interests · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| Balance at June 30, 2023 | 266,130,782 | $2.7 | $4,194.4 | 24,641,709 | $(341.8) | $(1,189.9) | $(361.9) | $2,303.5 | $16.2 | $2,319.7 |
| Net (loss) income | — | — | — | — | — | (31.8) | — | (31.8) | 0.1 | (31.7) |
| Other comprehensive loss, net of taxes | — | — | — | — | — | — | (25.2) | (25.2) | (0.1) | (25.3) |
| Exercise/ vesting of share based compensation | 10,107 | — | — | 3,046 | (0.1) | — | — | (0.1) | — | (0.1) |
| Issuance of common stock under Employee Stock Purchase Plan | 20,180 | — | 0.3 | — | — | — | — | 0.3 | — | 0.3 |
| Dividends ($0.08 per share) | — | — | — | — | — | (19.5) | — | (19.5) | — | (19.5) |
| Equity compensation expense | — | — | 3.0 | — | — | — | — | 3.0 | — | 3.0 |
| Changes in non-controlling interests | — | — | — | — | — | — | — | — | (0.2) | (0.2) |
| Balance at September 30, 2023 | 266,161,069 | $2.7 | $4,197.7 | 24,644,755 | $(341.9) | $(1,241.2) | $(387.1) | $2,230.2 | $16.0 | $2,246.2 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
(dollars in millions, except share amounts)
| Nine Months Ended September 30, 2024 · Common Stock · AdditionalPaid-inCapital · Treasury Stock · AccumulatedDeficit · Accumulated Other Comprehensive (Loss) Income · TotalStockholders'Equity · Non-controlling Interests · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| Balance at December 31, 2023 | 266,179,100 | $2.7 | $4,196.9 | 24,644,755 | $(341.9) | $(1,183.3) | $(345.9) | $2,328.5 | $15.8 | $2,344.3 |
| Net income | — | — | — | — | — | 189.5 | — | 189.5 | 0.2 | 189.7 |
| Other comprehensive loss, net of taxes | — | — | — | — | — | — | (26.0) | (26.0) | (0.2) | (26.2) |
| Exercise/ vesting of share based compensation | 904,295 | — | 0.2 | 326,456 | (7.6) | — | — | (7.4) | — | (7.4) |
| Issuance of common stock under Employee Stock Purchase Plan | 50,449 | — | 1.0 | — | — | — | — | 1.0 | — | 1.0 |
| Dividends ($0.24 per share) | — | — | — | — | — | (58.6) | — | (58.6) | — | (58.6) |
| Equity compensation expense | — | — | 11.7 | — | — | — | — | 11.7 | — | 11.7 |
| Changes in non-controlling interests | — | — | 0.6 | — | — | — | — | 0.6 | (0.4) | 0.2 |
| Balance at September 30, 2024 | 267,133,844 | $2.7 | $4,210.4 | 24,971,211 | $(349.5) | $(1,052.4) | $(371.9) | $2,439.3 | $15.4 | $2,454.7 |
| Nine Months Ended September 30, 2023 · Common Stock · AdditionalPaid-inCapital · Treasury Stock · AccumulatedDeficit · Accumulated Other Comprehensive (Loss) Income · TotalStockholders'Equity · Non-controlling Interests · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| Balance at December 31, 2022 | 265,062,533 | $2.7 | $4,185.9 | 24,272,748 | $(334.2) | $(1,223.8) | $(298.1) | $2,332.5 | $16.6 | $2,349.1 |
| Net income | — | — | — | — | — | 41.0 | — | 41.0 | — | 41.0 |
| Other comprehensive loss, net of taxes | — | — | — | — | — | — | (89.0) | (89.0) | (0.5) | (89.5) |
| Exercise/ vesting of share based compensation | 1,038,192 | — | — | 372,007 | (7.7) | — | — | (7.7) | — | (7.7) |
| Issuance of common stock under Employee Stock Purchase Plan | 60,344 | — | 1.0 | — | — | — | — | 1.0 | — | 1.0 |
| Dividends ($0.24 per share) | — | — | — | — | — | (58.4) | — | (58.4) | — | (58.4) |
| Equity compensation expense | — | — | 10.8 | — | — | — | — | 10.8 | — | 10.8 |
| Changes in non-controlling interests | — | — | — | — | — | — | — | — | (0.1) | (0.1) |
| Balance at September 30, 2023 | 266,161,069 | $2.7 | $4,197.7 | 24,644,755 | $(341.9) | $(1,241.2) | $(387.1) | $2,230.2 | $16.0 | $2,246.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.