Company: NGVT
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001653477-25-000091
Chunk: 28

Company: Ingevity Corp
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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,785 $0.4 $180.9 $592.5 $(24.0)$(515.2)$234.6 Common StockIn millions, shares in thousandsSharesAmountAdditional paid in capitalRetained earningsAccumulatedothercomprehensiveincome (loss)Treasury stockTotal EquityBalance at December 31, 202343,447 $0.4 $164.9 $1,002.3 $(26.7)$(509.5)$631.4 Net income (loss)— — — (56.0)— — (56.0)Other comprehensive income (loss)— — — — (8.9)— (8.9)Common stock issued138 — — — — — — Tax payments related to vested restricted stock units— — — — — (2.6)(2.6)Share-based compensation plans— — 4.3 — — — 4.3 Balance at March 31, 202443,585 $0.4 $169.2 $946.3 $(35.6)$(512.1)$568.2 

16

INGEVITY CORPORATIONNotes to the Condensed Consolidated Financial StatementsMarch 31, 2025(Unaudited)

Accumulated other comprehensive income (loss)Three Months Ended March 31,In millions20252024Foreign currency translationBeginning balance$(44.4)$(25.6)Net gains (losses) on foreign currency translation17.2 (9.1)Other comprehensive income (loss), net of tax17.2 (9.1)Ending balance$(27.2)$(34.7)Derivative instrumentsBeginning balance$0.5 $(1.6)Gains (losses) on derivative instruments0.1 (0.4)Less: tax provision (benefit)— (0.1)Net gains (losses) on derivative instruments0.1 (0.3)(Gains) losses reclassified to net income0.2 0.7 Less: tax (provision) benefit0.1 0.2 Net (gains) losses reclassified to net income0.1 0.5 Other comprehensive income (loss), net of tax0.2 0.2 Ending balance$0.