Company: DLX
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000027996-25-000051
Chunk: 113

Company: DELUXE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 113
---
802 26,120 65,395 Income allocated to participating securities(15)(38)(35)Remeasurement of share-based awards classified as liabilities(45)— (497)Income attributable to Deluxe available to common shareholders$52,742 $26,082 $64,863 Weighted-average shares outstanding44,154 43,553 43,025 Dilutive impact of potential common shares573 290 285 Weighted-average shares and potential common shares outstanding44,727 43,843 43,310 Earnings per share – diluted$1.18 $0.59 $1.50 Antidilutive potential common shares excluded from calculation1,242 1,380 1,732 

60

DELUXE CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(dollars in thousands, except per share amounts)

NOTE 5: OTHER COMPREHENSIVE INCOME (LOSS)

Reclassification adjustments – Information regarding amounts reclassified from accumulated other comprehensive loss to net income was as follows:Accumulated other comprehensive loss componentsAmounts reclassified from accumulated other comprehensive lossAffected line item in consolidated statements of income(in thousands)202420232022Amortization of postretirement benefit plan items:Prior service credit$1,421 $1,421 $1,421 Other income, netNet actuarial loss(1,334)(2,273)(900)Other income, netTotal amortization87 (852)521 Other income, netTax (expense) benefit(157)67 (315)Income tax provisionAmortization of postretirement benefit plan items, net of tax(70)(785)206 Net incomeCash flow hedges:Realized gain on cash flow hedges2,785 3,227 20 Interest expenseTax expense(773)(872)(5)Income tax provisionRealized gain on cash flow hedges, net of tax2,012 2,355 15 Net incomeDebt securities:Realized loss on debt securities— (1,468)(8)Other income, netTax benefit— 376 2 Income tax provisionRealized loss on debt securities, net of tax— (1,092)(6)Net incomeForeign currency translation adjustment(1)— (863)(5,550)Gain on sale of businesses and long-lived assetsTotal reclassifications, net of tax$1,942