Rackspace Technology Inc
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 15, 2024
RXT$2.68-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity (Deficit)
| (In millions) · Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated Deficit · Treasury Stock, at Cost · Total Stockholders' Equity (Deficit) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| Balance at December 31, 2020 | 201.8 | $2.0 | $2,363.6 | $(18.6) | $(963.3) | — | $— | $1,383.7 |
| Issuance of common stock | 2.7 | — | — | — | — | — | — | — |
| Exercise of stock options and release of stock awards | 6.0 | 0.1 | 50.7 | — | — | — | — | 50.8 |
| Issuance of shares from Employee Stock Purchase Plan | 0.7 | — | 10.3 | — | — | — | — | 10.3 |
| Share-based compensation expense | — | — | 75.4 | — | — | — | — | 75.4 |
| Net loss | — | — | — | — | (218.3) | — | — | (218.3) |
| Other comprehensive income | — | — | — | 25.5 | — | — | — | 25.5 |
| Balance at December 31, 2021 | 211.2 | $2.1 | $2,500.0 | $6.9 | $(1,181.6) | — | $— | $1,327.4 |
| Exercise of stock options and release of stock awards | 3.7 | 0.1 | 0.7 | — | — | — | — | 0.8 |
| Issuance of shares from Employee Stock Purchase Plan | 0.8 | — | 3.1 | — | — | — | — | 3.1 |
| Share-based compensation expense | — | — | 69.5 | — | — | — | — | 69.5 |
| Net loss | — | — | — | — | (804.8) | — | — | (804.8) |
| Other comprehensive income | — | — | — | 64.5 | — | — | — | 64.5 |
| Repurchase of common stock | — | — | — | — | — | 3.1 | (31.0) | (31.0) |
| Balance at December 31, 2022 | 215.7 | $2.2 | $2,573.3 | $71.4 | $(1,986.4) | 3.1 | $(31.0) | $629.5 |
| Exercise of stock options and release of stock awards, net of shares withheld | 4.1 | — | (1.0) | — | — | — | — | (1.0) |
| Issuance of shares from Employee Stock Purchase Plan | 0.7 | — | 1.3 | — | — | — | — | 1.3 |
| Share-based compensation expense for equity classified awards | — | — | 64.6 | — | — | — | — | 64.6 |
| Net loss | — | — | — | — | (837.8) | — | — | (837.8) |
| Other comprehensive loss | — | — | — | (11.1) | — | — | — | (11.1) |
| Balance at December 31, 2023 | 220.5 | $2.2 | $2,638.2 | $60.3 | $(2,824.2) | 3.1 | $(31.0) | $(154.5) |
- 95 -
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.