Company: NGVT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001653477-25-000015
Chunk: 40

Company: Ingevity Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 2
Chunk 40
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, general, and administrative expenses166.7 183.7 198.8 Research and technical expenses28.1 31.8 30.3 Restructuring and other (income) charges, net186.2 170.2 13.8 Goodwill impairment charge349.1 — — Acquisition-related costs0.3 3.6 5.0 Other (income) expense, net169.8 5.7 (1.7)Interest expense97.8 93.3 61.8 Interest income(7.7)(6.3)(7.5)Income (loss) before income taxes(535.6)(10.1)269.6 Provision (benefit) for income taxes(105.3)(4.7)58.0 Net income (loss)$(430.3)$(5.4)$211.6 Per share dataBasic earnings (loss) per share$(11.85)$(0.15)$5.54 Diluted earnings (loss) per share(11.85)(0.15)5.50 

The accompanying notes are an integral part of these financial statements.

52

INGEVITY CORPORATION

Consolidated Statements of Comprehensive Income (Loss)Years Ended December 31,In millions202420232022Net income (loss)$(430.3)$(5.4)$211.6 Other comprehensive income (loss), net of tax:Foreign currency adjustments:Foreign currency translation adjustment(18.6)20.2 (74.9)Reclassification of foreign currency translation losses(0.2)— — Unrealized gain (loss) on net investment hedges, net of tax provision (benefit) of zero, zero, and $3.2— — 10.7 Total foreign currency adjustments, net of tax provision (benefit) of zero, zero, and $3.2(18.8)20.2 (64.2)Derivative instruments:Unrealized gain (loss), net of tax provision (benefit) of $0.1, $(1.0), and $2.60.3 (3.2)8.5 Reclassifications of deferred derivative instruments (gain) loss, included within net income (loss), net of tax (provision) benefit of $0.6, $0.9, and $(