Company: IPGP
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001111928-25-000023
Chunk: 15

Company: IPG PHOTONICS CORP
Filing Date: 2025-02-20
Form: 10-K
Item: Item 16
Chunk 15
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 Total other comprehensive income (loss)93,163 (8,006)(14,502)Comprehensive (loss) income(88,363)210,872 96,260 Less: comprehensive income attributable to non-controlling interest— — 924 Comprehensive (loss) income attributable to IPG Photonics Corporation$(88,363)$210,872 $95,336 

See notes to consolidated financial statements.

F-6

IPG PHOTONICS CORPORATION

CONSOLIDATED STATEMENTS OF EQUITYYear Ended December 31,Common StockTreasury StockAdditional Paid In CapitalRetained EarningsAccumulated Other Comprehensive (Loss) IncomeNon- controlling InterestTotal Stockholders' Equity(In thousands, except share data)SharesAmountSharesAmountBalance, January 1, 202253,010,265 $6 (2,777,981)$(438,503)$908,423 $2,466,607 $(189,951)$639 $2,747,221 Vesting of RSUs and PSUs, net of shares withheld for taxes, and exercise of stock options167,193 — — — 693 — — — 693 Common stock issued under employee stock purchase plan62,233 — — — 4,890 — — — 4,890 Purchased common stock(5,101,434)— (5,101,434)(499,506)— — — — (499,506)Stock-based compensation— — — — 38,302 — — — 38,302 Net income — — — — — 109,909 — 853 110,762 Foreign currency translation adjustments and other— — — — — — (14,909)71 (14,838)Purchase of non-controlling interests— — — — (937)— — (1,563)(2,500)Unrealized gain on derivatives, net of tax— — — — — — 336 — 336 Balance, December 31, 202248,138,257 $6 (7,879,415)$(938,009)$951,371 $2,576,516 $(204,524)$— $2,385,360