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Shareholders’ equity and earnings per share (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Earnings per share

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

			2023						2022						2021
Numerator:
Net income/(loss) attributable to Sonoco			$	474,959					$	466,437					$	(85,477)
Denominator:
Weighted average common shares outstanding			98,294						97,991						99,608
Dilutive effect of share-based compensation			596						741						—
Diluted outstanding shares			98,890						98,732						99,608
Per common share:
Income/(Loss) available to common shareholders:
Basic			$	4.83					$	4.76					$	(.86)
Diluted			$	4.80					$	4.72					$	(.86)
Cash dividends			$	2.02					$	1.92					$	1.80

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, 2023, 2022 and 2021 (in thousands):

			2023						2022						2021
Anti-dilutive stock appreciation rights			352						373						202

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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
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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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
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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