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Shareholders’ equity and earnings per share (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

			2021						2020						2019
Numerator:
Net (loss)/income attributable to Sonoco			$	(85,477)					$	207,463					$	291,785
Denominator:
Weighted average common shares outstanding			99,608						100,939						100,742
Dilutive effect of stock-based compensation			—						270						434
Diluted outstanding shares			99,608						101,209						101,176
Per common share:
(Loss)/Income available to common shareholders:
Basic			$	(0.86)					$	2.06					$	2.90
Diluted			$	(0.86)					$	2.05					$	2.88
Cash dividends			$	1.80					$	1.72					$	1.70

Shares not included in computations of diluted income per share

The average number of shares that were not dilutive and therefore not included in the computation of diluted (loss) income per share was as follows for the years ended December 31, 2021, 2020 and 2019 (in thousands):

			2021						2020						2019
Anti-dilutive stock appreciation rights			202						772						475

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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