Company: WKC
Filing Date: 2025-04-25
Form Type: 10-Q
Source: 0001628280-25-019852
Chunk: 19

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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12.6 (11.8)Cash flow hedges, net of income tax expense (benefit) of ($0.9) and ($0.5) for the three months ended March 31, 2025 and 2024, respectively(2.6)(1.0)Total other comprehensive income (loss)10.0 (12.9)Comprehensive income (loss) including noncontrolling interest(11.3)14.3 Comprehensive income (loss) attributable to noncontrolling interest(0.2)(0.2)Comprehensive income (loss) attributable to World Kinect$(11.1)$14.5 

The accompanying Notes are an integral part of these unaudited Condensed Consolidated Financial Statements.2

WORLD KINECT CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

(Unaudited - In millions)

 Common StockCapital inExcess ofPar ValueRetainedEarningsAccumulatedOtherComprehensiveIncome (Loss)TotalWorld KinectShareholders'EquityNoncontrollingInterest Equity Total Equity SharesAmountBalance as of December 31, 202456.7 $0.6 $30.0 $2,009.2 $(91.0)$1,948.7 $7.2 $1,955.9 Net income (loss)— — — (21.1)— (21.1)(0.2)(21.3)Cash dividends declared— — — (9.6)— (9.6)— (9.6)Amortization of share-based payment awards— — 6.8 — — 6.8 — 6.8 Issuance (cancellation) of common stock related to share-based payment awards0.2 — — — — — — — Purchases of common stock tendered by employees to satisfy the required withholding taxes related to share-based payment awards— — (3.6)— — (3.6)— (3.6)Purchases of common stock(0.4)— (10.1)— — (10.1)— (10.1)Other comprehensive income (loss)— — — — 10.0 10.0 — 10.0 Balance as