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Consolidated Statements of Changes in Equity $ in Thousands | USD ($) | Capital stock USD ($) | Capital stock Common shares shares | Contributed surplus USD ($) | Retained earnings USD ($) | Accumulated  other  comprehensive income (loss) USD ($) | Shareholders’ equity USD ($) | Non-controlling interests USD ($)
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance, beginning of period (in shares) at Dec. 31, 2021 | shares |  |  | 74,774,087 |  |  |  |  |
Balance, beginning of period at Dec. 31, 2021 | $ 1,954,731 | $ 432,728 |  | $ 1,928 | $ 1,251,640 | $ (2,720) | $ 1,683,576 | $ 271,155
Net income | 462,288 |  |  |  | 353,830 |  | 353,830 | 108,458
Other comprehensive income (loss) | 299,447 |  |  |  | (252) | 299,699 | 299,447 |
Compensation expense recorded for stock options | 110 |  |  | 110 |  |  | 110 |
Issue of shares on exercise of stock options (in shares) | shares |  |  | 16,800 |  |  |  |  |
Issue of shares on exercise of stock options | 582 | 582 |  |  |  |  | 582 |
Reclassification of grant date fair value on exercise of stock options | 0 | 134 |  | (134) |  |  |  |
Sale of partial interest in subsidiary (note 25) | 148,990 |  |  |  | 126,445 |  | 126,445 | 22,545
Payments for repurchase of shares (in shares) | shares |  |  | (5,551,751) |  |  |  |  |
Payments for repurchase of shares | (252,985) | (32,149) |  |  | (220,836) |  | (252,985) |
Dividend payments to Methanex Corporation shareholders | (43,955) |  |  |  | (43,955) |  | (43,955) |
Distributions made and accrued to non-controlling interests | (84,714) |  |  |  |  |  |  | (84,714)
Realized hedge loss (gains) recognized in cash flow hedges | (55,037) |  |  |  |  | (55,037) | (55,037) |
Balance, end of period (in shares) at Dec. 31, 2022 | shares |  |  | 69,239,136 |  |  |  |  |
Balance, end of period at Dec. 31, 2022 | 2,429,457 | 401,295 |  | 1,904 | 1,466,872 | 241,942 | 2,112,013 | 317,444
Net income | 284,122 |  |  |  | 174,140 |  | 174,140 | 109,982
Other comprehensive income (loss) | (243,542) |  |  |  | (1,976) | (241,566) | (243,542) |
Compensation expense recorded for stock options | 124 |  |  | 124 |  |  | 124 |
Issue of shares on exercise of stock options (in shares) | shares |  |  | 43,067 |  |  |  |  |
Issue of shares on exercise of stock options | 1,437 | 1,437 |  |  |  |  | 1,437 |
Reclassification of grant date fair value on exercise of stock options | 0 | 190 |  | (190) |  |  |  |
Payments for repurchase of shares (in shares) | shares |  |  | (1,894,711) |  |  |  |  |
Payments for repurchase of shares | (86,392) | (10,998) |  |  | (75,394) |  | (86,392) |
Dividend payments to Methanex Corporation shareholders | (49,378) |  |  |  | (49,378) |  | (49,378) |
Distributions made and accrued to non-controlling interests | (185,336) |  |  |  |  |  |  | (185,336)
Realized hedge loss (gains) recognized in cash flow hedges | 22,525 |  |  |  |  | 22,525 | 22,525 |
Balance, end of period (in shares) at Dec. 31, 2023 | shares |  |  | 67,387,492 |  |  |  |  |
Balance, end of period at Dec. 31, 2023 | $ 2,173,017 | $ 391,924 |  | $ 1,838 | $ 1,514,264 | $ 22,901 | $ 1,930,927 | $ 242,090

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