v3.24.0.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2020   39,498,896        
Beginning balance at Dec. 31, 2020 $ 3,587,874 $ 40 $ 3,478,086 $ 517,367 $ (452,106) $ 44,487
Net income (loss) 76,278     71,657   4,621
Distributions to noncontrolling owners (3,713)         (3,713)
Other comprehensive (loss) income (65,247)       (63,907) (1,340)
Common stock offering, net of issuance costs (in shares)   5,366,667        
Common stock offering, net of issuance costs 711,339 $ 5 711,334      
Conversion of tangible equity units into common stock (in shares)   4,441,488        
Conversion of tangible equity units into common stock 0 $ 4 (4)      
Common stock issued for acquisition, net of issuance costs (in shares)   2,181,507        
Common stock issued for acquisition, net of issuance costs 285,680 $ 2 285,678      
Common stock-based award activity (in shares)   594,520        
Common stock-based award activity 69,222 $ 1 69,221      
Ending balance (in shares) at Dec. 31, 2021   52,083,078        
Ending balance at Dec. 31, 2021 4,661,433 $ 52 4,544,315 589,024 (516,013) 44,055
Net income (loss) (11,759)     (13,292)   1,533
Distributions to noncontrolling owners (1,591)         (1,591)
Other comprehensive (loss) income (39,514)       (37,398) (2,116)
Conversion of tangible equity units into common stock (in shares)   1,691,845        
Conversion of tangible equity units into common stock 0 $ 2 (2)      
Common stock-based award activity (in shares)   453,696        
Common stock-based award activity 44,211   44,211      
Distribution of ESAB Corporation (1,203,324)   (1,662,795)   499,981 (40,510)
Acquisition 345         345
Ending balance (in shares) at Dec. 31, 2022   54,228,619        
Ending balance at Dec. 31, 2022 3,449,801 $ 54 2,925,729 575,732 (53,430) 1,716
Net income (loss) (32,731)     (33,261)   530
Other comprehensive (loss) income 28,612       28,549 63
Common stock-based award activity (in shares)   368,523        
Common stock-based award activity 35,841 $ 1 35,840      
ESAB Separation adjustment 1,140   1,140      
Payment of capped call transactions (61,962)   (61,962)      
Ending balance (in shares) at Dec. 31, 2023   54,597,142        
Ending balance at Dec. 31, 2023 $ 3,420,701 $ 55 $ 2,900,747 $ 542,471 $ (24,881) $ 2,309