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10-K Filing

ESAB Corp CIK: 1877322 FY 2023
Filing Information
Form Type 10-K
Accession Number 0001877322-24-000035
Period End Date 20231231
Filing Date 20240229
Fiscal Year 2023
Fiscal Period FY
XBRL Instance esab-20231231_htm.xml
Balance Sheet 65 line items
Line Item Tag Value Unit Period
Allowance for credit losses AllowanceForDoubtfulAccountsReceivableCurrent $23.47M USD Point-in-time
Allowance for credit losses AllowanceForDoubtfulAccountsReceivableCurrent $25.48M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $72.02M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $102.00M USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 600.00M shares Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 600.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 60.09M shares Point-in-time
Trade receivables, less allowance for credit losses of $25,477 and $23,471 AccountsReceivableNetCurrent $385.20M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 60.30M shares Point-in-time
Trade receivables, less allowance for credit losses of $25,477 and $23,471 AccountsReceivableNetCurrent $374.33M USD Point-in-time
Inventories, net InventoryNet $392.86M USD Point-in-time
Inventories, net InventoryNet $416.83M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 60.09M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 60.30M shares Point-in-time
Prepaid expenses PrepaidExpenseCurrent $61.77M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $56.64M USD Point-in-time
Other current assets OtherAssetsCurrent $68.85M USD Point-in-time
Other current assets OtherAssetsCurrent $55.89M USD Point-in-time
Total current assets AssetsCurrent $988.67M USD Point-in-time
Total current assets AssetsCurrent $997.72M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $284.23M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $294.31M USD Point-in-time
Goodwill Goodwill $1.53B USD Point-in-time
Goodwill Goodwill $1.59B USD Point-in-time
Goodwill Goodwill $1.53B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $517.17M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $499.54M USD Point-in-time
Lease asset - right of use OperatingLeaseRightOfUseAsset $92.03M USD Point-in-time
Lease asset - right of use OperatingLeaseRightOfUseAsset $95.61M USD Point-in-time
Other assets OtherAssetsNoncurrent $342.15M USD Point-in-time
Other assets OtherAssetsNoncurrent $353.13M USD Point-in-time
Total assets Assets $3.75B USD Point-in-time
Total assets Assets $3.83B USD Point-in-time
Accounts payable AccountsPayableCurrent $316.26M USD Point-in-time
Accounts payable AccountsPayableCurrent $306.59M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $313.49M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $285.31M USD Point-in-time
Total current liabilities LiabilitiesCurrent $620.08M USD Point-in-time
Total current liabilities LiabilitiesCurrent $601.58M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.02B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.22B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $542.83M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $545.34M USD Point-in-time
Total liabilities Liabilities $2.18B USD Point-in-time
Total liabilities Liabilities $2.37B USD Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000; 60,295,634 and 60,094,725 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively CommonStockValue $60.00K USD Point-in-time
Common stock - $0.001 par value - Authorized 600,000,000; 60,295,634 and 60,094,725 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively CommonStockValue $60.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.87B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.88B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $159.23M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $350.56M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-674.99M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-624.27M USD Point-in-time
Total ESAB Corporation equity StockholdersEquity $1.35B USD Point-in-time
Total ESAB Corporation equity StockholdersEquity $1.61B USD Point-in-time
Noncontrolling interest MinorityInterest $38.25M USD Point-in-time
Noncontrolling interest MinorityInterest $40.26M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.39B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.50B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.54B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $3.83B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $3.75B USD Point-in-time
Income Statement 63 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $2.77B USD Annual
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $2.43B USD Annual
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $2.59B USD Annual
Cost of sales CostOfGoodsAndServicesSold $1.59B USD Annual
Cost of sales CostOfGoodsAndServicesSold $1.71B USD Annual
Cost of sales CostOfGoodsAndServicesSold $1.76B USD Annual
Gross profit GrossProfit $1.02B USD Annual
Gross profit GrossProfit $885.53M USD Annual
Gross profit GrossProfit $837.98M USD Annual
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $587.48M USD Annual
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $512.82M USD Annual
Selling, general and administrative expense SellingGeneralAndAdministrativeExpense $533.37M USD Annual
Restructuring and other related charges RestructuringCharges $18.95M USD Annual
Restructuring and other related charges RestructuringCharges $23.10M USD Annual
Restructuring and other related charges RestructuringCharges $24.11M USD Annual
Operating income OperatingIncomeLoss $329.06M USD Annual
Operating income OperatingIncomeLoss $306.21M USD Annual
Operating income OperatingIncomeLoss $404.17M USD Annual
Pension settlement gain DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 $11.21M USD Annual
Pension settlement gain DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 - USD Annual
Pension settlement gain DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 $9.14M USD Annual
Interest expense (income) and other, net InterestExpenseIncomeAndOtherNet $37.95M USD Annual
Interest expense (income) and other, net InterestExpenseIncomeAndOtherNet $85.07M USD Annual
Interest expense (income) and other, net InterestExpenseIncomeAndOtherNet $-1.67M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $319.09M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $319.09M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $300.25M USD Annual
Income tax expense IncomeTaxExpenseBenefit $95.73M USD Annual
Income tax expense IncomeTaxExpenseBenefit $69.17M USD Annual
Income tax expense IncomeTaxExpenseBenefit $80.41M USD Annual
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $231.08M USD Annual
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $223.37M USD Annual
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $238.68M USD Annual
Loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax - USD Annual
Loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-3.07M USD Annual
Loss from discontinued operations, net of taxes IncomeLossFromDiscontinuedOperationsNetOfTax $-12.34M USD Annual
Net income ProfitLoss $238.68M USD Annual
Net income ProfitLoss $211.02M USD Annual
Net income ProfitLoss $228.01M USD Annual
Less: Income attributable to noncontrolling interest, net of taxes NetIncomeLossAttributableToNoncontrollingInterest $4.27M USD Annual
Less: Income attributable to noncontrolling interest, net of taxes NetIncomeLossAttributableToNoncontrollingInterest $5.74M USD Annual
Less: Income attributable to noncontrolling interest, net of taxes NetIncomeLossAttributableToNoncontrollingInterest $3.57M USD Annual
Net income attributable to ESAB Corporation NetIncomeLossIncludingFormerParent $223.75M USD Annual
Net income attributable to ESAB Corporation NetIncomeLossIncludingFormerParent $235.11M USD Annual
Net income attributable to ESAB Corporation NetIncomeLoss $205.28M USD Annual
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $3.59 USD Annual
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $3.75 USD Annual
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $3.92 USD Annual
Loss on discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $-0.20 USD Annual
Loss on discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $-0.05 USD Annual
Loss on discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare - USD Annual
Net income per share (in dollars per share) EarningsPerShareBasic $3.70 USD Annual
Net income per share (in dollars per share) EarningsPerShareBasic $3.92 USD Annual
Net income per share (in dollars per share) EarningsPerShareBasic $3.39 USD Annual
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $3.74 USD Annual
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $3.92 USD Annual
Income from continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $3.56 USD Annual
Loss on discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $-0.20 USD Annual
Loss on discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare - USD Annual
Loss on discontinued operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $-0.05 USD Annual
Net income per share - diluted (in dollars per share) EarningsPerShareDiluted $3.92 USD Annual
Net income per share - diluted (in dollars per share) EarningsPerShareDiluted $3.69 USD Annual
Net income per share - diluted (in dollars per share) EarningsPerShareDiluted $3.36 USD Annual
Cash Flow Statement 98 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $238.68M USD Annual
Net income ProfitLoss $211.02M USD Annual
Net income ProfitLoss $228.01M USD Annual
Depreciation, amortization and other impairment charges DepreciationAndAmortization $75.90M USD Annual
Depreciation, amortization and other impairment charges DepreciationAndAmortization $75.03M USD Annual
Depreciation, amortization and other impairment charges DepreciationAndAmortization $65.98M USD Annual
Stock-based compensation expense ShareBasedCompensation $6.27M USD Annual
Stock-based compensation expense ShareBasedCompensation $16.12M USD Annual
Stock-based compensation expense ShareBasedCompensation $12.96M USD Annual
Deferred income tax DeferredIncomeTaxesAndTaxCredits $-8.64M USD Annual
Deferred income tax DeferredIncomeTaxesAndTaxCredits $-25.41M USD Annual
Deferred income tax DeferredIncomeTaxesAndTaxCredits $-20.20M USD Annual
Non-cash interest expense NonCashInterestExpense $1.20M USD Annual
Non-cash interest expense NonCashInterestExpense $1.97M USD Annual
Non-cash interest expense NonCashInterestExpense - USD Annual
Pension settlement gain DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 $11.21M USD Annual
Pension settlement gain DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 - USD Annual
Pension settlement gain DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 $9.14M USD Annual
Trade receivables, net IncreaseDecreaseInAccountsReceivable $6.01M USD Annual
Trade receivables, net IncreaseDecreaseInAccountsReceivable $8.14M USD Annual
Trade receivables, net IncreaseDecreaseInAccountsReceivable $67.85M USD Annual
Inventories, net IncreaseDecreaseInInventories $10.07M USD Annual
Inventories, net IncreaseDecreaseInInventories $117.35M USD Annual
Inventories, net IncreaseDecreaseInInventories $-17.96M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-19.82M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-28.79M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $114.50M USD Annual
Other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-60.39M USD Annual
Other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-20.44M USD Annual
Other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $18.23M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $214.36M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $330.49M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $250.74M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $35.58M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $48.18M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $40.24M USD Annual
Proceeds from sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $4.85M USD Annual
Proceeds from sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $4.60M USD Annual
Proceeds from sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $5.20M USD Annual
Acquisitions, net of cash received PaymentsToAcquireBusinessesNetOfCashAcquired $4.88M USD Annual
Acquisitions, net of cash received PaymentsToAcquireBusinessesNetOfCashAcquired $18.66M USD Annual
Acquisitions, net of cash received PaymentsToAcquireBusinessesNetOfCashAcquired $149.03M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-62.24M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-184.42M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-35.27M USD Annual
Proceeds from borrowings on term credit facility ProceedsFromIssuanceOfDebt - USD Annual
Proceeds from borrowings on term credit facility ProceedsFromIssuanceOfDebt - USD Annual
Proceeds from borrowings on term credit facility ProceedsFromIssuanceOfDebt $1.00B USD Annual
Repayments of borrowings on term credit facility RepaymentsOfSecuredDebt - USD Annual
Repayments of borrowings on term credit facility RepaymentsOfSecuredDebt - USD Annual
Repayments of borrowings on term credit facility RepaymentsOfSecuredDebt $12.50M USD Annual
Proceeds from borrowings on revolving credit facility and other ProceedsFromIssuanceOfOtherLongTermDebt $805.88M USD Annual
Proceeds from borrowings on revolving credit facility and other ProceedsFromIssuanceOfOtherLongTermDebt $673.00K USD Annual
Proceeds from borrowings on revolving credit facility and other ProceedsFromIssuanceOfOtherLongTermDebt $574.15M USD Annual
Repayments of borrowings on revolving credit facility and other RepaymentsOfLongTermLinesOfCredit - USD Annual
Repayments of borrowings on revolving credit facility and other RepaymentsOfLongTermLinesOfCredit $585.49M USD Annual
Repayments of borrowings on revolving credit facility and other RepaymentsOfLongTermLinesOfCredit $763.17M USD Annual
Payment of deferred financing fees and other PaymentsOfDebtIssuanceCosts - USD Annual
Payment of deferred financing fees and other PaymentsOfDebtIssuanceCosts $972.00K USD Annual
Payment of deferred financing fees and other PaymentsOfDebtIssuanceCosts $4.71M USD Annual
Payment of deferred consideration PaymentForContingentConsiderationLiabilityFinancingActivities - USD Annual
Payment of deferred consideration PaymentForContingentConsiderationLiabilityFinancingActivities $1.50M USD Annual
Payment of deferred consideration PaymentForContingentConsiderationLiabilityFinancingActivities - USD Annual
Payment of dividends PaymentsOfDividends $13.34M USD Annual
Payment of dividends PaymentsOfDividends $6.05M USD Annual
Payment of dividends PaymentsOfDividends - USD Annual
Consideration to Former Parent in connection with the Separation PaymentsToFormerParentConsiderationTransferred - USD Annual
Consideration to Former Parent in connection with the Separation PaymentsToFormerParentConsiderationTransferred $1.20B USD Annual
Consideration to Former Parent in connection with the Separation PaymentsToFormerParentConsiderationTransferred - USD Annual
Distributions to noncontrolling interest holders PaymentsToMinorityShareholders $3.42M USD Annual
Distributions to noncontrolling interest holders PaymentsToMinorityShareholders $3.88M USD Annual
Distributions to noncontrolling interest holders PaymentsToMinorityShareholders $3.71M USD Annual
Transfers from (to) Former Parent, net TransfersToFromParentNet $-2.85M USD Annual
Transfers from (to) Former Parent, net TransfersToFromParentNet - USD Annual
Transfers from (to) Former Parent, net TransfersToFromParentNet $218.53M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $7.56M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-219.72M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-221.57M USD Annual
Effect of foreign exchange rates on Cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-6.68M USD Annual
Effect of foreign exchange rates on Cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-18.55M USD Annual
Effect of foreign exchange rates on Cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.90M USD Annual
Increase (decrease) in Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $30.82M USD Annual
Increase (decrease) in Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $29.98M USD Annual
Increase (decrease) in Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-8.00M USD Annual
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.21M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $102.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $72.02M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $49.21M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $41.21M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $102.00M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $72.02M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $49.21M USD Point-in-time
Interest payments, net InterestPaidNet - USD Annual
Interest payments, net InterestPaidNet $34.68M USD Annual
Interest payments, net InterestPaidNet $79.15M USD Annual
Income tax payments, net IncomeTaxesPaidNet $132.90M USD Annual
Income tax payments, net IncomeTaxesPaidNet $85.66M USD Annual
Income tax payments, net IncomeTaxesPaidNet - USD Annual
Stockholders Equity 36 line items
Line Item Tag Value Unit Period
Other comprehensive income (loss), tax OtherComprehensiveIncomeLossTax $-452.00K USD Annual
Other comprehensive income (loss), tax OtherComprehensiveIncomeLossTax $6.10M USD Annual
Other comprehensive income (loss), tax OtherComprehensiveIncomeLossTax $-1.53M USD Annual
Dividends on common stock (in dollars per share) CommonStockDividendsPerShareDeclared $0.15 USD Annual
Dividends on common stock (in dollars per share) CommonStockDividendsPerShareDeclared $0.23 USD Annual
Beginning balance (in shares) CommonStockSharesOutstanding 60.09M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 60.30M shares Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.39B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.50B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.54B USD Point-in-time
Net income ProfitLoss $238.68M USD Annual
Net income ProfitLoss $211.02M USD Annual
Net income ProfitLoss $228.01M USD Annual
Distributions to noncontrolling owners MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.88M USD Annual
Distributions to noncontrolling owners MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.42M USD Annual
Distributions to noncontrolling owners MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.71M USD Annual
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $50.86M USD Annual
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-158.43M USD Annual
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-65.74M USD Annual
Dividends declared DividendsCommonStock $13.96M USD Annual
Dividends declared DividendsCommonStock $9.08M USD Annual
Former Parent Common stock-based award activity SharesIssuedValueShareBasedPaymentArrangementWithFormerParentCompany $1.73M USD Annual
Former Parent Common stock-based award activity SharesIssuedValueShareBasedPaymentArrangementWithFormerParentCompany $6.27M USD Annual
Transfers to Former Parent, net MembersEquityTransfersToFromParentNet $218.53M USD Annual
Transfers to Former Parent, net MembersEquityTransfersToFromParentNet $1.20B USD Annual
Net Transfers from Former Parent, including Separation Adjustments NetTransfersFromToFormerParentIncludingSeparationAdjustments $-15.73M USD Annual
Issuance of common stock in connection with the Separation and reclassification of Net Investment from Former Parent IssuanceOfCommonStockValueSeparationAndReclassificationOfNetInvestmentFromFormerParent - USD Annual
Common stock-based award activity StockIssuedDuringPeriodValueShareBasedCompensation $15.15M USD Annual
Common stock-based award activity StockIssuedDuringPeriodValueShareBasedCompensation $12.19M USD Annual
Ending balance (in shares) CommonStockSharesOutstanding 60.09M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 60.30M shares Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.39B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.50B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.54B USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Foreign currency translation, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $740.00K USD Annual
Net income ProfitLoss $238.68M USD Annual
Net income ProfitLoss $211.02M USD Annual
Foreign currency translation, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-2.93M USD Annual
Net income ProfitLoss $228.01M USD Annual
Foreign currency translation, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $4.54M USD Annual
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-1.09M USD Annual
Unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $3.24M USD Annual
Defined benefit pension and other post-retirement plan activity, net of tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-2.64M USD Annual
Foreign currency translation, net of tax expense (benefit) of $4,545, $(2,930) and $740 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $47.26M USD Annual
Foreign currency translation, net of tax expense (benefit) of $4,545, $(2,930) and $740 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-72.40M USD Annual
Defined benefit pension and other post-retirement plan activity, net of tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $1.84M USD Annual
Defined benefit pension and other post-retirement plan activity, net of tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $1.19M USD Annual
Foreign currency translation, net of tax expense (benefit) of $4,545, $(2,930) and $740 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-175.72M USD Annual
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges, net of tax (benefit) expense of $(1,087) and $3,240 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $11.10M USD Annual
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges, net of tax (benefit) expense of $(1,087) and $3,240 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD Annual
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges, net of tax (benefit) expense of $(1,087) and $3,240 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-3.73M USD Annual
Defined benefit pension and other post-retirement plan activity, net of tax expense (benefit) of $2,639, ($1,840) and ($1,192) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-6.66M USD Annual
Defined benefit pension and other post-retirement plan activity, net of tax expense (benefit) of $2,639, ($1,840) and ($1,192) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-7.34M USD Annual
Defined benefit pension and other post-retirement plan activity, net of tax expense (benefit) of $2,639, ($1,840) and ($1,192) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-6.19M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $50.86M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-158.43M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-65.74M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $172.94M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $69.59M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $261.89M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $5.89M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.51M USD Annual
Less: comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $678.00K USD Annual
Comprehensive income attributable to ESAB Corporation ComprehensiveIncomeNetOfTax $256.00M USD Annual
Comprehensive income attributable to ESAB Corporation ComprehensiveIncomeNetOfTax $68.91M USD Annual
Comprehensive income attributable to ESAB Corporation ComprehensiveIncomeNetOfTax $170.43M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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