Company: WCC
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000929008-25-000005
Chunk: 100

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 100
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$(4.7)$(377.8)$4,449.6 Exercise of stock-based awards— 1,054,608 0.4 (16.2)(100,998)(15.8)Stock-based compensation expense48.1 48.1 Repurchases of common stock(75.0)(504,335)(75.0)Tax withholding related to vesting of restricted stock units and retirement of common stock— (311,635)(16.9)(35.1)(52.0)Noncontrolling interests0.6 0.6 Net income attributable to Wesco765.5 765.5 Common stock dividends(76.6)(76.6)Preferred stock dividends(57.4)(57.4)Dividends to noncontrolling interests(1.1)(1.1)Translation adjustments and other0.1 0.3 57.1 57.5 Benefit plan adjustments, net of tax effect of $7.4 million(11.3)(11.3)Balance, December 31, 2023$0.7 69,278,677 $— 4,339,431 $— 21,612 $2,037.1 $4,391.7 $(1,060.4)(22,720,986)$(5.2)$(332.0)$5,031.9 Exercise of stock-based awards— 509,140 0.6 (6.0)(30,760)(5.4)Stock-based compensation expense28.9 28.9 Repurchases of common stock, including excise taxes of $3.8 million(428.8)(2,424,488)(428.8)Tax withholding related to vesting of restricted stock units and retirement of common stock— (160,419)(15.1)(9.8)(24.9)Noncontrolling interests1.8 1.8 Net income attributable to Wesco717.6 717.6 Common stock dividends(81.5)(81.5)Preferred stock dividends(57.4)(57.4)Dividends to noncontrolling interests(1.8)(1.8)Translation adjustments and other0.1 0.1 0.1 (228.7)(228.4)Benefit plan adjustments, net of tax effect of $5.7