Iridium Communications Inc
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
View on SEC.govAbout this filing
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FY2024 · Filed Feb 13, 2025
IRDM$44.04+4.8%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
| Additional Paid-In Capital · AccumulatedOther Comprehensive Income (Loss) · Retained Earnings (Accumulated Deficit) · Total Stockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares · Amount | ||||||
| Balance at December 31, 2021 | 131,342 | $131 | $1,154,058 | $(7,052) | $140,810 | $1,287,947 |
| Stock-based compensation | — | — | 48,367 | — | — | 48,367 |
| Stock options exercised and awards vested | 1,484 | 2 | 3,870 | — | — | 3,872 |
| Stock withheld to cover employee taxes | (130) | — | (5,293) | — | — | (5,293) |
| Repurchases and retirements of common stock | (6,794) | (7) | (59,776) | — | (197,276) | (257,059) |
| Net income | — | — | — | — | 8,722 | 8,722 |
| Dividends declared | — | — | (16,616) | — | — | (16,616) |
| Cumulative translation adjustments | — | — | — | (53) | — | (53) |
| Unrealized gain on cash flow hedges, net of tax | — | — | — | 58,668 | — | 58,668 |
| Balance at December 31, 2022 | 125,902 | 126 | 1,124,610 | 51,563 | (47,744) | 1,128,555 |
| Stock-based compensation | — | — | 64,139 | — | — | 64,139 |
| Stock options exercised and awards vested | 1,788 | 2 | 3,956 | — | — | 3,958 |
| Stock withheld to cover employee taxes | (162) | — | (9,680) | — | — | (9,680) |
| Repurchases and retirements of common stock | (4,752) | (5) | (43,946) | — | (203,068) | (247,019) |
| Net income | — | — | — | — | 15,415 | 15,415 |
| Dividends declared | — | — | (49,613) | — | — | (49,613) |
| Cumulative translation adjustments | — | — | — | (58) | — | (58) |
| Unrealized loss on cash flow hedges, net of tax | — | — | — | (17,598) | — | (17,598) |
| Balance at December 31, 2023 | 122,776 | 123 | 1,089,466 | 33,907 | (235,397) | 888,099 |
| Stock-based compensation | — | — | 68,327 | — | — | 68,327 |
| Stock options exercised and awards vested | 1,761 | 1 | 3,440 | — | — | 3,441 |
| Stock withheld to cover employee taxes | (194) | — | (6,702) | — | — | (6,702) |
| Repurchases and retirements of common stock | (13,986) | (14) | (124,240) | — | (283,471) | (407,725) |
| Net income | — | — | — | — | 112,776 | 112,776 |
| Dividends declared | — | — | (65,943) | — | — | (65,943) |
| Cumulative translation adjustments | — | — | — | (3,143) | — | (3,143) |
| Unrealized loss on cash flow hedges, net of tax | — | — | — | (12,493) | — | (12,493) |
| Balance at December 31, 2024 | 110,357 | $110 | $964,348 | $18,271 | $(406,092) | $576,637 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.