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Selected quarterly financial data (Tables)
12 Months Ended
Dec. 31, 2024
Selected Quarterly Financial Information [Abstract]  
Schedule of Selected Quarterly Financial Data
The following table sets forth selected quarterly financial data of the Company for the years ended December 31, 2024 and December 31, 2023:
(unaudited)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
2024
Net sales$1,308,636 $1,278,801 $1,354,652 $1,363,276 
Gross profit271,217 285,295 299,748 282,973 
Net income/(loss) from continuing operations35,512 57,410 31,392 (56,749)
Net income from discontinued operations29,761 33,541 19,817 13,256 
Net income/(loss) attributable to Sonoco65,177 90,811 50,921 (42,960)
Weighted average common shares outstanding:
Basic98,498 98,671 98,683 98,700 
Diluted99,159 99,241 99,267 98,700 
Per common share:
Basic Earnings/(Loss) Per Common Share:
     Continuing operations$0.36 $0.58 $0.32 $(0.57)
     Discontinued operations0.30 0.34 0.20 0.13 
     Basic earnings/(loss) per share attributable to Sonoco$0.66 $0.92 $0.52 $(0.44)
Diluted Earnings/(Loss) Per Common Share:
     Continuing operations$0.36 $0.58 $0.31 $(0.57)
     Discontinued operations0.30 0.34 0.20 0.13 
     Diluted earnings/(loss) per share attributable to Sonoco$0.66 $0.92 $0.51 $(0.44)
Cash dividends$0.51 $0.52 $0.52 $0.52 
2023
Net sales$1,386,972 $1,337,589 $1,381,130 $1,335,735 
Gross profit314,796 291,946 307,848 287,979 
Net income from continuing operations121,954 84,638 111,946 61,106 
Net income from discontinued operations26,310 30,111 19,112 20,724 
Net income attributable to Sonoco148,319 114,649 130,749 81,242 
Weighted average common shares outstanding:
Basic98,167 98,325 98,337 98,349 
Diluted98,615 98,872 98,912 99,164 
Per common share:
Basic Earnings Per Common Share:
     Continuing operations$1.24 $0.86 $1.14 $0.61 
     Discontinued operations0.27 0.31 0.19 0.21 
     Basic earnings per share attributable to Sonoco$1.51 $1.17 $1.33 $0.82 
Diluted Earnings Per Common Share:
     Continuing operations$1.23 $0.86 $1.13 $0.61 
     Discontinued operations0.27 0.30 0.19 0.21 
     Diluted earnings per share attributable to Sonoco$1.50 $1.16 $1.32 $0.82 
Cash dividends$0.49 $0.51 $0.51 $0.51