Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 257

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 257
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 tax obligations to the taxing authorities for the shares which were net-share settled were $6.7 million and $1.6 million, respectively.  These activities are reflected as a financing activity within Kennedy Wilson's consolidated statements of cash flows.    Accumulated Other Comprehensive (Loss) Income

26

Kennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements(Unaudited)

    The following table summarizes the changes in each component of accumulated other comprehensive (loss) income, net of taxes from December 31, 2024 to June 30, 2025:(Dollars in millions)Foreign Currency TranslationCurrency Derivative Contracts Interest Rate SwapsTotal Accumulated Other Comprehensive Loss(1)Balance at December 31, 2024$(156.6)$105.8 $1.6 $(49.2)Unrealized gains (losses), arising during the period89.0 (58.7)— 30.3 Amounts reclassified out of AOCI during the period, gross2.3 (0.4)— 1.9 Amounts reclassified out of AOCI during the period, tax0.9 0.2 — 1.1 Deferred taxes on unrealized (gains) losses, arising during the period(2.7)9.7 — 7.0 Noncontrolling interests(1.7)— — (1.7)Balance at June 30, 2025$(68.8)$56.6 $1.6 $(10.6)(1) Excludes $358.4 million of inception to date accumulated other comprehensive losses associated with noncontrolling interest holders of KWE that the Company was required to record as part of the KWE Transaction in October 2017.

NOTE 12—EARNINGS PER SHARE 

Basic (loss) income per share is computed by dividing net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share is computed after adjusting the numerator and denominator of the basic earnings per share computation for the effects of all potentially dilutive common shares. The dilutive effect of non-vested stock issued under share‑based compensation plans is computed using the treasury stock method. The dilutive effect of the cumulative preferred stock is computed using the if‑converted method.     The following is a summary of the elements used in calculating