Element Solutions Inc
For the period ended Sep 30, 2024. Filed Oct 29, 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 29, 2024
ESI$32.96+5.1%Stored close · as of Nov 9, 2026
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Glossary of Defined Termsi
GLOSSARY OF DEFINED TERMS
| Terms | Definitions |
|---|---|
| Element Solutions;We; Us; Our; the Company | Element Solutions Inc, a Delaware corporation, and where the context requires, its subsidiaries or operating businesses. |
| Credit Agreement | Credit Agreement, dated as of January 31, 2019, as amended from time to time, among, inter alia, Element Solutions and MacDermid, Incorporated, as borrowers, certain subsidiaries of Element Solutions and the lenders from time to time parties thereto. |
| EBITDA | Earnings before interest, taxes, depreciation and amortization. |
| Exchange Act | Securities Exchange Act of 1934, as amended. |
| FDII | Foreign-derived intangible income. |
| GAAP | U.S. Generally Accepted Accounting Principles. |
| GILTI | Global intangible low-taxed income. |
| Kuprion Acquisition | Acquisition of Kuprion, Inc. on May 19, 2023. |
| MGS Transaction | ESI's pending sale of its flexographic printing plate business, MacDermid Graphics Solutions, for approximately $325 million, subject to adjustments, as announced on September 3, 2024. The MGS Transaction is expected to close in the fourth quarter of 2024 or the first half of 2025, subject to customary closing conditions, adjustments and regulatory approvals. |
| Quarterly Report | This quarterly report on Form 10-Q for the three and nine months ended September 30, 2024. |
| RSUs | Restricted stock units issued by Element Solutions from time to time under its Amended and Restated 2013 Incentive Compensation Plan or 2024 Incentive Compensation Plan, as applicable. |
| SEC | Securities and Exchange Commission. |
| ViaForm Distribution Rights | The rights to sell the Company's ViaForm® electrochemical deposition products directly to customers. |
| WACC | Weighted average cost of capital. |
| 2023 Annual Report | Element Solutions' annual report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 21, 2024. |
| 2022 Annual Report | Element Solutions' annual report on Form 10-K for the fiscal year ended December 31, 2022, filed with the SEC on February 22, 2023. |
| 3.875% USD Notes due 2028 | Element Solutions' $800 million aggregate principal amount of 3.875% senior notes due 2028, denominated in U.S. dollars, issued on August 18, 2020. |
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