Company: IR
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021883
Chunk: 41

Company: Ingersoll Rand Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 stock on the grant date and recognized as a compensation expense over a 4.3 year period.A summary of the Company’s performance stock unit activity for the three month period ended March 31, 2025 is presented in the following table (underlying shares in thousands).SharesWeighted-Average Grant-Date Fair ValueNon-vested as of December 31, 20241,339 $54.28 Granted147 70.71 Change in units based on performance127 63.39 Vested(255)63.39 Non-vested as of March 31, 20251,358 55.20 

20

The following assumptions were used to estimate the fair value of performance stock units granted during the three month periods ended March 31, 2025 and 2024 using the Monte Carlo simulation pricing model.For the Three Month Period Ended March 31,Assumptions20252024Expected term (in years)2.82.8Risk-free interest rate4.0%4.5 %Assumed volatility28.6%28.9 %Expected dividend rate0.1 %0.1 %

Note 12. Accumulated Other Comprehensive Loss

The Company’s other comprehensive income (loss) consists of (i) unrealized foreign currency net gains and losses on the translation of the assets and liabilities of its foreign operations; (ii) realized and unrealized foreign currency gains and losses on certain hedges of net investments in foreign operations, net of income taxes; (iii) unrealized gains and losses on cash flow hedges (consisting of interest rate swap and cap contracts), net of income taxes; and (iv) pension and other postretirement prior service cost and actuarial gains or losses, net of income taxes. See Note 9 “Benefit Plans” and Note 13 “Hedging Activities and Derivative Instruments.”The before tax income (loss) and related income tax effect are as follows.For the Three Month Period Ended March 31,20252024Before-Tax AmountTax Benefit (Expense)Net of Tax AmountBefore-Tax AmountTax Benefit (Expense)Net of Tax AmountForeign currency translation adjustments, net$114.5 $9.2 $123.7 $(67.4)$(6.1)$(73.5)Unrecognized losses on cash flow hedges(3.0)(0.1)(3.1)(0.1)— (0.1