Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 264

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 264
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.  The restricted shares that vested during nine months ended September 30, 2025 and 2024 were net-share settled. The total shares withheld during the nine months ended September 30, 2025 and 2024 were 712,446 shares and 129,011 shares, respectively. During the nine months ended September 30, 2025 and 2024, total payments for the employees’ tax obligations to the taxing authorities for the shares which were net-share settled were $6.8 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 September 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 $(49.2)Unrealized gains (losses), arising during the period79.3 (54.2)— 25.1 Amounts reclassified out of AOCI during the period, gross2.3 (0.4)— 1.9 Amounts reclassified out of AOCI during the period, tax0.9 0.2 — 1.1 Deferred taxes on unrealized (gains) losses, arising during the period(4.6)12.7 — 8.1 Noncontrolling interests(1.7)— — (1.7)Balance at September 30, 2025$(80.4)$64.1 $1.6 $(14.7)(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. Dil