XML 57 R45.htm IDEA: XBRL DOCUMENT v3.22.4

Shareholders’ equity and earnings per share (Tables)

12 Months Ended

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

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration