Company: CRL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001100682-25-000011
Chunk: 173

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 173
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 $129.1 million remaining on the prior stock repurchase program.The Company’s stock-based compensation plans permit the netting of common stock upon vesting of RSUs and PSUs in order to satisfy individual statutory tax withholding requirements. The Company acquired shares of 0.1 million in fiscal years 2024 and 2023, for $18.5 million and $24.2 million, respectively, from such netting.Prior to the end of fiscal years 2024, 2023 and 2022, the Company’s Board of Directors approved the cancellation and return to the Company’s authorized and unissued capital stock, reducing treasury stock on the Company’s consolidated balance sheet. The Company allocated the excess of the repurchase price over the par value of shares acquired to reduce both retained earnings and additional paid-in capital.

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CHARLES RIVER LABORATORIES INTERNATIONAL, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Accumulated Other Comprehensive Income (Loss)Changes to each component of accumulated other comprehensive income (loss), net of income taxes, are as follows:Foreign Currency Translation Adjustment(1)Pension and Other Post-Retirement Benefit PlansNet Unrealized Gain (Loss) on Cash Flow HedgeTotal(in thousands)December 25, 2021$(98,173)$(66,567)$— $(164,740)Other comprehensive (loss) income before reclassifications(125,507)24,471 (1,523)(102,559)Amounts reclassified from accumulated other comprehensive income (loss)— 3,337 — 3,337 Net current period other comprehensive (loss) income(125,507)27,808 (1,523)(99,222)Income tax (benefit) expense(5,895)4,355 (365)(1,905)December 31, 2022(217,785)(43,114)(1,158)(262,057)Other comprehensive (loss) income before reclassifications71,851 (5,376)2,490 68,965 Amounts reclassified from accumulated other comprehensive income (loss)— 736 — 736 Net current period other comprehensive (loss) income71,851 (4,640)2,490 69,701 Income tax (benefit) expense4,065 (587)593 4,071 December 30, 2023(149,999)(47