Company: WKC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001628280-25-007620
Chunk: 32

Company: WORLD KINECT CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 8
Chunk 32
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 noncontrolling interest0.5 0.8 1.7 Net income (loss) attributable to World Kinect$67.4 $52.9 $114.1 Basic earnings (loss) per common share$1.14 $0.86 $1.83 Basic weighted average common shares59.0 61.4 62.3 Diluted earnings (loss) per common share$1.13 $0.86 $1.82 Diluted weighted average common shares59.5 61.7 62.7 Comprehensive income:Net income (loss) including noncontrolling interest$67.9 $53.7 $115.9 Other comprehensive income (loss):Foreign currency translation adjustments67.4 19.9 (45.5)Cash flow hedges, net of income tax expense (benefit) of ($3.5), ($2.7), and $7.6 for 2024, 2023, and 2022, respectively(9.6)(8.1)21.6 Total other comprehensive income (loss)57.9 11.8 (24.0)Comprehensive income (loss) including noncontrolling interest125.8 65.5 91.9 Comprehensive income (loss) attributable to noncontrolling interest0.5 0.8 1.7 Comprehensive income (loss) attributable to World Kinect$125.3 $64.7 $90.2 

The accompanying Notes are an integral part of these Consolidated Financial Statements.47

Table of Contents

WORLD KINECT CORPORATION 

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

(In millions)

Common StockCapital in Excess of Par ValueRetained EarningsAccumulated Other Comprehensive Income (Loss)Total World Kinect Shareholders’ EquityNoncontrolling Interest EquityTotal EquitySharesAmountBalance as of December 31, 202161.7 $0.6 $168.1 $1,880.6 $(136.7)$1,912.7 $4.1 $1,916.8 Net income (loss)— — — 114.1 — 114.1 1.7 115.9 Cash dividends declared— — — (32.2)— (32.2)—