WORLD KINECT CORP
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
WKC$35.83+0.4%Stored close · as of Nov 9, 2026
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(iv)Consolidated Statements of Shareholders’ Equity
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(In millions)
| Common Stock · Capital in Excess of Par Value · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Total World Kinect Shareholders’ Equity · Noncontrolling Interest Equity · Total Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||
| Balance as of December 31, 2021 | 61.7 | $0.6 | $168.1 | $1,880.6 | $(136.7) | $1,912.7 | $4.1 | $1,916.8 |
| Net income (loss) | — | — | — | 114.1 | — | 114.1 | 1.7 | 115.9 |
| Cash dividends declared | — | — | — | (32.2) | — | (32.2) | — | (32.2) |
| Amortization of share-based payment awards | — | — | 17.6 | — | — | 17.6 | — | 17.6 |
| Issuance (cancellation) of common stock related to share-based payment awards | 0.4 | — | — | — | — | — | — | — |
| Issuance of common stock for acquisition of a business | 1.8 | — | 50.0 | — | — | 50.0 | — | 50.0 |
| Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards | 0.2 | — | (4.6) | — | — | (4.6) | — | (4.6) |
| Purchases of common stock | (2.0) | — | (48.7) | — | — | (48.7) | — | (48.7) |
| Other comprehensive income (loss) | — | — | — | — | (24.0) | (24.0) | — | (24.0) |
| Balance as of December 31, 2022 | 62.0 | 0.6 | 182.4 | 1,962.5 | (160.6) | 1,984.9 | 5.9 | 1,990.7 |
| Net income (loss) | — | — | — | 52.9 | — | 52.9 | 0.8 | 53.7 |
| Cash dividends declared | — | — | — | (33.8) | — | (33.8) | — | (33.8) |
| Amortization of share-based payment awards | — | — | 24.2 | — | — | 24.2 | — | 24.2 |
| Issuance (cancellation) of common stock related to share-based payment awards | 0.6 | — | — | — | — | — | — | — |
| Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards | — | — | (5.7) | — | — | (5.7) | — | (5.7) |
| Purchases of common stock | (2.8) | — | (60.6) | — | — | (60.7) | — | (60.7) |
| Other comprehensive income (loss) | — | — | — | — | 11.8 | 11.8 | — | 11.8 |
| Convertible note hedge transactions | — | — | (70.5) | — | — | (70.5) | — | (70.5) |
| Warrant transactions | — | — | 40.0 | — | — | 40.0 | — | 40.0 |
| Balance as of December 31, 2023 | 59.8 | 0.6 | 109.6 | 1,981.6 | (148.9) | 1,943.0 | 6.7 | 1,949.6 |
| Net income (loss) | — | — | — | 67.4 | — | 67.4 | 0.5 | 67.9 |
| Cash dividends declared | — | — | — | (39.8) | — | (39.8) | — | (39.8) |
| Amortization of share-based payment awards | — | — | 28.1 | — | — | 28.1 | — | 28.1 |
| Issuance (cancellation) of common stock related to share-based payment awards | 0.5 | — | — | — | — | — | — | — |
| Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards | — | — | (6.8) | — | — | (6.8) | — | (6.8) |
| Purchases of common stock | (3.6) | — | (101.0) | — | — | (101.0) | — | (101.0) |
| Other comprehensive income (loss) | — | — | — | — | 57.9 | 57.9 | — | 57.9 |
| Balance as of December 31, 2024 | 56.7 | $0.6 | $30.0 | $2,009.2 | $(91.0) | $1,948.7 | $7.2 | $1,955.9 |
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