Company: MWA
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001350593-25-000043
Chunk: 24

Company: Mueller Water Products, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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6)(3.3)(10.8)(9.9)Amortization of actuarial net loss0.6 0.8 1.7 2.4 Pension expense (benefit) other than service— 1.0 (0.1)3.0 Net periodic cost$0.2 $1.2 $0.4 $3.5 The amortization of actuarial losses, net of income tax, is recorded as a component of Other comprehensive income.  For the three months ended June 30, 2025 and 2024, the amortization of actuarial net loss is shown net of income tax of $0.1 million and $0.2 million, respectively, in the condensed consolidated statements of comprehensive income.  For the nine months ended June 30, 2025 and 2024, the amortization of actuarial loss is shown net of income tax of $0.4 million and $0.6 million, respectively, in the condensed consolidated statements of comprehensive income.

16

Note 6.  Stock-based Compensation Plans 

We grant various forms of stock-based compensation, including market-based restricted stock units (“MRSUs”), restricted stock units, stock options and performance-based restricted stock units (“PRSUs”) under our Amended and Restated 2006 Mueller Water Products, Inc. Stock Incentive Plan (the “2006 Stock Plan”), Phantom Plan instruments under our Mueller Water Products, Inc. 2012 Phantom Plan, and Employee stock purchase plan instruments under our 2006 Employee Stock Purchase Plan.  Grants issued during the nine months ended June 30, 2025 are as follows:Number grantedWeighted average grant date fair value per instrumentTotal grant date fair value(in millions)Quarter ended December 31, 2024MRSUs64,044 $38.25 $2.4 PRSUs64,044 25.58 1.6 Restricted stock units87,344 25.58 2.2 Phantom Plan instruments134,382 25.58 3.4 Non-qualified stock options207,417 7.90 1.6 Employee stock purchase plan instruments24,621 $3.86 0.1 Total - Quarter ended December 31, 2024$11.3 Quarter ended March 31, 2025MRSUs7,692 $41.