Company: SLGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049324
Chunk: 42

Company: SILGAN HOLDINGS INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 42
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 the grant date was $42.5 million, which is being amortized ratably over the respective vesting period from the grant date.

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SILGAN HOLDINGS INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Information at September 30, 2025 and 2024 and for thethree and nine months then ended is unaudited)

Note 14.             Segment Information

Our chief operating decision maker, who is our Chief Executive Officer and President, evaluates performance of our business segments and allocates resources based on the adjusted EBIT of our business segments. Adjusted EBIT is not a defined term under GAAP. We define adjusted EBIT as income before interest and income taxes excluding acquired intangible asset amortization expense, other pension (income) expense for U.S. pension plans, rationalization charges and costs attributed to announced acquisitions and including, as applicable, equity in earnings of affiliates, net of tax. Adjusted EBIT should not be considered in isolation or as a substitute for income before interest and income taxes or any other financial data prepared in accordance with GAAP and may not be comparable to calculations of similarly titled measures by other companies.Reportable segment information was as follows:Dispensing and Specialty ClosuresMetalContainersCustomContainersCorporateTotal (Dollars in thousands)Three Months Ended September 30, 2025     Net sales$690,382 $1,158,227 $160,130 $— $2,008,739 Segment expenses and other (a)577,639 1,062,367 137,045 11,055 1,788,106 Equity in earnings of affiliates, net of tax775 — — — 775 Adjusted EBIT113,518 95,860 23,085 (11,055)221,408 Depreciation38,458 19,853 8,501 115 66,927 Capital expenditures54,527 19,331 6,144 96 80,098 Three Months Ended September 30, 2024     Net sales$563,669 $1,022,605 $158,850 $— $1,745,124 Segment expenses and other (a)468,453 925,540 138,839 6,704 1,539,536 Adjusted EBIT95,216 97,065 20