Crane Co
For the period ended Jun 30, 2024. Filed Jul 31, 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.
Jun 30, 2024 · Filed Jul 31, 2024
CR$210.20+4.5%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
Condensed Consolidated Statements of Changes in Equity
| (in millions, except share data) | CommonSharesIssued atPar Value | CapitalSurplus | RetainedEarnings | AccumulatedOtherComprehensiveLoss | TotalShare- holders’Equity | Non-controllingInterest | TotalEquity |
|---|---|---|---|---|---|---|---|
| BALANCE DECEMBER 31, 2023 | 56.9 | $398.2 | $960.7 | $(58.0) | $1,357.8 | $2.5 | $1,360.3 |
| Net income | — | — | 64.8 | — | 64.8 | — | 64.8 |
| Cash dividends ($0.205 per share) | — | — | (11.7) | — | (11.7) | — | (11.7) |
| Exercise of stock options | 0.1 | 2.4 | — | — | 2.5 | — | 2.5 |
| Impact from settlement of share-based awards, net of shares acquired | 0.1 | (11.1) | — | — | (11.0) | — | (11.0) |
| Impact from settlement of liability PRSUs (Note 1) | — | 6.1 | — | — | 6.1 | — | 6.1 |
| Stock-based compensation expense | — | 5.4 | — | — | 5.4 | — | 5.4 |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | 3.0 | 3.0 | — | 3.0 |
| Currency translation adjustment | — | — | — | (12.3) | (12.3) | (0.1) | (12.4) |
| BALANCE MARCH 31, 2024 | 57.1 | $401.0 | $1,013.8 | $(67.3) | $1,404.6 | $2.4 | $1,407.0 |
| Net income | — | — | 71.6 | — | 71.6 | — | 71.6 |
| Cash dividends ($0.205 per share) | — | — | (11.7) | — | (11.7) | — | (11.7) |
| Exercise of stock options | 0.1 | 3.5 | — | — | 3.6 | — | 3.6 |
| Impact from settlement of share-based awards, net of shares acquired | — | (0.2) | — | — | (0.2) | — | (0.2) |
| Stock-based compensation expense | — | 5.7 | — | — | 5.7 | — | 5.7 |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | 3.0 | 3.0 | — | 3.0 |
| Currency translation adjustment | — | — | — | (3.3) | (3.3) | — | (3.3) |
| BALANCE JUNE 30, 2024 | 57.2 | $410.0 | $1,073.7 | $(67.6) | $1,473.3 | $2.4 | $1,475.7 |
| (in millions, except share data) | CommonSharesIssued atPar Value | CapitalSurplus | RetainedEarnings | AccumulatedOtherComprehensiveLoss | TreasuryStock | TotalShare- holders’Equity | Non-controllingInterest | TotalEquity |
|---|---|---|---|---|---|---|---|---|
| BALANCE DECEMBER 31, 2022 | 72.4 | $373.8 | $2,822.8 | $(503.3) | $(864.3) | $1,901.4 | $2.6 | $1,904.0 |
| Net income | — | — | 105.7 | — | — | 105.7 | — | 105.7 |
| Cash dividends ($0.47 per share) | — | — | (26.6) | — | — | (26.6) | — | (26.6) |
| Exercise of stock options, net of shares reacquired of 297,539 shares | — | — | — | — | 19.8 | 19.8 | — | 19.8 |
| Impact from settlement of share-based awards, net of shares acquired | — | (3.3) | — | — | (3.6) | (6.9) | — | (6.9) |
| Stock-based compensation expense | — | 6.3 | — | — | — | 6.3 | — | 6.3 |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | 2.7 | — | 2.7 | — | 2.7 |
| Currency translation adjustment | — | — | — | 12.8 | — | 12.8 | (0.1) | 12.7 |
| BALANCE MARCH 31, 2023 | 72.4 | $376.8 | $2,901.9 | $(487.8) | $(848.1) | $2,015.2 | $2.5 | $2,017.7 |
| Net income | — | — | 45.6 | — | — | 45.6 | — | 45.6 |
| Cash dividends ($0.18 per share) | — | — | (10.2) | — | — | (10.2) | — | (10.2) |
| Exercise of stock options | — | 1.0 | — | — | — | 1.0 | — | 1.0 |
| Stock-based compensation expense | — | 2.5 | — | — | — | 2.5 | — | 2.5 |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | 2.6 | — | 2.6 | — | 2.6 |
| Currency translation adjustment | — | — | — | 0.8 | — | 0.8 | (0.1) | 0.7 |
| Capital effect of spin-off | (15.7) | — | (832.4) | — | 848.1 | — | — | — |
| Distribution of Crane NXT, Co. | — | — | (1,236.8) | 414.5 | — | (822.3) | — | (822.3) |
| BALANCE JUNE 30, 2023 | 56.7 | $380.3 | $868.1 | $(69.9) | $— | $1,235.2 | $2.4 | $1,237.6 |
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