Crane NXT Co
For the period ended Jun 30, 2024. Filed Aug 7, 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 Aug 7, 2024
CXT$58.52-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated and Combined Condensed Statements of Changes in Equity
| (in millions, except share data) | CommonSharesIssued atPar Value | CapitalSurplus | RetainedEarnings | AccumulatedOtherComprehensiveLoss | TreasuryStock | Total |
|---|---|---|---|---|---|---|
| Balance as of December 31, 2023 | $72.4 | $1,728.1 | $120.9 | $(118.6) | $(838.8) | $964.0 |
| Net income attributable to common shareholders | — | — | 37.8 | — | — | 37.8 |
| Cash dividends ($0.16 per share) | — | — | (9.1) | — | — | (9.1) |
| Exercise of stock options of 57,564 shares | — | — | — | — | 1.6 | 1.6 |
| Impact from settlement of share-based awards, net of shares acquired | — | (14.7) | — | — | 9.5 | (5.2) |
| Stock-based compensation expense | — | 2.1 | — | — | — | 2.1 |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | (0.4) | — | (0.4) |
| Currency translation adjustment | — | — | — | (26.7) | — | (26.7) |
| Balance as of March 31, 2024 | $72.4 | $1,715.5 | $149.6 | $(145.7) | $(827.7) | $964.1 |
| Net income attributable to common shareholders | — | — | 41.6 | — | — | 41.6 |
| Cash dividends ($0.16 per share) | — | — | (9.2) | — | — | (9.2) |
| Exercise of stock options of 8,933 shares | — | — | — | — | 0.3 | 0.3 |
| Impact from settlement of share-based awards, net of shares acquired | — | (1.1) | — | — | 0.8 | (0.3) |
| Stock-based compensation expense | — | 2.4 | — | — | — | 2.4 |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | (0.5) | — | (0.5) |
| Currency translation adjustment | — | — | — | (8.6) | — | (8.6) |
| Balance as of June 30, 2024 | $72.4 | $1,716.8 | $182.0 | $(154.8) | $(826.6) | $989.8 |
CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF CHANGES IN EQUITY
| (in millions) | CommonSharesIssued atPar Value | CapitalSurplus | RetainedEarnings | AccumulatedOtherComprehensiveLoss | TreasuryStock | Crane Net Investment | Total |
|---|---|---|---|---|---|---|---|
| Balance as of December 31, 2022 | $— | $— | $— | $(131.5) | $— | $915.3 | $783.8 |
| Net income attributable to common shareholders | — | — | — | — | — | 43.7 | 43.7 |
| Stock-based compensation expense | — | — | — | — | — | 2.3 | 2.3 |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | (0.5) | — | — | (0.5) |
| Currency translation adjustment | — | — | — | 4.9 | — | — | 4.9 |
| Net transfers to Crane | — | — | — | — | — | (393.1) | (393.1) |
| Balance as of March 31, 2023 | $— | $— | $— | $(127.1) | $— | $568.2 | $441.1 |
| Net income attributable to common shareholders | — | — | 43.2 | — | — | — | 43.2 |
| Cash dividends ($0.14 per share) | — | — | (7.9) | — | — | — | (7.9) |
| Dividend from Crane | — | — | — | — | — | 275.0 | 275.0 |
| Net transfers from Crane | — | — | — | — | — | 103.9 | 103.9 |
| Reclassification of Crane Net Investment to Common Stock, Treasury Stock and Capital Surplus | 72.4 | 1,722.8 | — | — | (848.1) | (947.1) | — |
| Exercise of stock options, net of shares reacquired, of 64,105 shares | — | — | — | — | 1.9 | — | 1.9 |
| Impact from settlement of share-based awards, net of shares acquired | — | (1.8) | — | — | 1.8 | — | — |
| Stock-based compensation expense | — | 1.9 | — | — | — | — | 1.9 |
| Stock-based compensation reclassification1 | — | (0.3) | — | — | — | — | (0.3) |
| Changes in pension and postretirement plan assets and benefit obligation, net of tax | — | — | — | (0.5) | — | — | (0.5) |
| Currency translation adjustment | — | — | — | (3.1) | — | — | (3.1) |
| Balance as of June 30, 2023 | $72.4 | $1,722.6 | $35.3 | $(130.7) | $(844.4) | $— | $855.2 |
1 Reclassification of stock-based compensation due to modification resulting from equity award conversions. See Note 1, “Organization and Basis of Presentation” for additional information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.