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Shareholders' Equity (Tables)

3 Months Ended

Apr. 02, 2023

Equity [Abstract]

Schedule of Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings per share:

						Three Months Ended
						April 2, 2023						April 3, 2022
Numerator:
Net income attributable to Sonoco						$	148,319					$	115,333
Denominator:
Weighted average common shares outstanding:
Basic						98,167						97,924
Dilutive effect of share-based compensation						448						630
Diluted						98,615						98,554
Net income attributable to Sonoco per common share:
Basic						$	1.51					$	1.18
Diluted						$	1.50					$	1.17
Cash dividends						$	0.49					$	0.45

Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share

The average numbers of SARs that were anti-dilutive and, therefore, not included in the computation of diluted earnings per share during the three-month periods ended April 2, 2023 and April 3, 2022 were as follows (in thousands):

Three Months Ended

April 2, 2023

April 3, 2022

Anti-dilutive stock appreciation rights

343

401

X

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

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