Company: TDY
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001094285-25-000053
Chunk: 113

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 15
Chunk 113
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 $1.7 million for 2024, 2023 and 2022, with an immaterial amount of unrecognized compensation cost that will be recognized over the first half of 2025.

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Note 12. Earnings Per Share

The following table sets forth the computations of basic and diluted earnings per common share (amounts in millions, except per share data):Earnings Per Common Share:202420232022Net income attributable to Teledyne$819.2 $885.7 $788.6 Basic earnings per common share:Weighted average common shares outstanding47.0 47.1 46.8 Basic earnings per common share$17.43 $18.80 $16.85 Diluted earnings per share:Weighted average common shares outstanding47.0 47.1 46.8 Effect of diluted securities (primarily stock options)0.6 0.8 0.9 Weighted average diluted common shares outstanding47.6 47.9 47.7 Diluted earnings per common share$17.21 $18.49 $16.53 In 2024, 2023 and 2022, the Company excluded 0.2 million of stock options in the computation of diluted earnings per share because the effect of their inclusion would have been anti-dilutive.

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Note 13. Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in AOCI for the fiscal years ended December 29, 2024, and December 31, 2023:(in millions)Foreign Currency TranslationCash Flow HedgesPension and Postretirement BenefitsTotalBalance as of January 1, 2023$(472.3)$1.3 $(255.5)$(726.5)Other comprehensive income (loss) before reclassifications79.6 14.8 — 94.4 Amounts reclassified from AOCI— (7.9)5.9 (2.0)Net other comprehensive income (loss)79.6 6.9 5.9 92.4 Balance as of December 31, 2023(392.7)8.2 (249.6)(634.1)Other comprehensive income (loss) before reclassifications(209.6)(6.0)— (215.6)Amounts reclassified from AOCI— (