Knife River Corp
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Feb 27, 2024
KNF$58.94+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
Consolidated Statements of Equity
| Years ended December 31, 2023, 2022 and 2021 · Common Stock · Other Paid-In Capital · Retained Earnings · MDU Resources’ Stock Held by Subsidiary · Treasury Stock · Accumulated Other Comprehensive Loss · Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Shares · Amount | ||||||||||
| (In thousands, except shares) | ||||||||||
| Balance at December 31, 2020 | 80,000 | $800 | $550,262 | $359,761 | (538,921) | $(3,626) | — | $— | $(28,953) | $878,244 |
| Net income | — | — | — | 129,755 | — | — | — | — | — | 129,755 |
| Other comprehensive income | — | — | — | — | — | — | — | — | 4,463 | 4,463 |
| Net transfers to Centennial | — | — | (548) | (59,070) | — | — | — | — | — | (59,618) |
| Balance at December 31, 2021 | 80,000 | $800 | $549,714 | $430,446 | (538,921) | $(3,626) | — | $— | $(24,490) | $952,844 |
| Net income | — | — | — | 116,220 | — | — | — | — | — | 116,220 |
| Other comprehensive income | — | — | — | — | — | — | — | — | 12,138 | 12,138 |
| Net transfers to Centennial | — | — | (608) | (52,005) | — | — | — | — | — | (52,613) |
| Balance at December 31, 2022 | 80,000 | $800 | $549,106 | $494,661 | (538,921) | $(3,626) | — | $— | $(12,352) | $1,028,589 |
| Net income | — | — | — | 182,872 | — | — | — | — | — | 182,872 |
| Other comprehensive income | — | — | — | — | — | — | — | — | 1,033 | 1,033 |
| Stock-based compensation | — | — | 2,888 | (37) | — | — | — | — | — | 2,851 |
| Issuance of common stock to directors for services | 12,192 | — | 702 | — | — | — | — | — | — | 702 |
| Retirement of historical common stock in connection with the Separation | (80,000) | (800) | 800 | — | — | — | — | — | — | — |
| Issuance of common stock in connection with the Separation | 56,997,350 | 570 | (570) | — | — | — | — | — | — | — |
| Transfer of MDU Resources stock held by subsidiary | — | — | — | — | 538,921 | 3,626 | — | — | — | 3,626 |
| Receipt of treasury stock at historical cost | — | — | — | — | — | — | (431,136) | (3,626) | — | (3,626) |
| Net transfers from Centennial and MDU Resources including Separation adjustments | — | — | 62,972 | — | — | — | — | — | — | 62,972 |
| Net transfers to Centennial pre-Separation | — | — | (1,385) | (11,622) | — | — | — | — | — | (13,007) |
| Balance at December 31, 2023 | 57,009,542 | $570 | $614,513 | $665,874 | — | $— | (431,136) | $(3,626) | $(11,319) | $1,266,012 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.