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Shareholders’ equity and earnings per share (Tables) | 12 Months Ended
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Dec. 31, 2022
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):
| 2022 |  | 2021 |  | 2020
Numerator: |  |  |  |  |
Net income/(loss) attributable to Sonoco | $ | 466,437 |  |  | $ | (85,477) |  |  | $ | 207,463 |
Denominator: |  |  |  |  |
Weighted average common shares outstanding | 97,991 |  |  | 99,608 |  |  | 100,939 |
Dilutive effect of stock-based compensation | 741 |  |  | — |  |  | 270 |
Diluted outstanding shares | 98,732 |  |  | 99,608 |  |  | 101,209 |
Per common share: |  |  |  |  |
Income/(Loss) available to common shareholders: |  |  |  |  |
Basic | $ | 4.76 |  |  | $ | (.86) |  |  | $ | 2.06 |
Diluted | $ | 4.72 |  |  | $ | (.86) |  |  | $ | 2.05 |
Cash dividends | $ | 1.92 |  |  | $ | 1.80 |  |  | $ | 1.72 |
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 income/ (loss) per share was as follows for the years ended December 31, 2022, 2021 and 2020 (in thousands):
| 2022 |  | 2021 |  | 2020
Anti-dilutive stock appreciation rights | 373 |  |  | 202 |  |  | 772 |

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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