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Shareholders’ equity and earnings per share (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Summary of Earnings (Loss) Per Share

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

			2024						2023						2022
Numerator:
Net income from continuing operations			$	67,565					$	379,644					$	378,410
Net loss/(income) from continuing operations attributable to noncontrolling interests			180						(768)						(284)
Net income from continuing operations attributable to Sonoco			67,745						378,876						378,126
Net income attributable to Sonoco			$	163,949					$	474,959					$	466,437
Denominator:
Weighted average common shares outstanding			98,637						98,294						97,991
Dilutive effect of share-based compensation			653						596						741
Diluted outstanding shares			99,290						98,890						98,732
Per common share:
Basic earnings per common share:
Net income from continuing operations			$	0.69					$	3.85					$	3.86
Net income attributable to Sonoco			$	1.66					$	4.83					$	4.76
Diluted earnings per common share:
Net income from continuing operations			$	0.68					$	3.83					$	3.83
Net income attributable to Sonoco			$	1.65					$	4.80					$	4.72
Cash dividends			$	2.07					$	2.02					$	1.92

Schedule of 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 per share was as follows for the years ended December 31, 2024, 2023 and 2022 (in thousands):

			2024						2023						2022
Anti-dilutive stock appreciation rights			408						352						373

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- References

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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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