Company: SLGN
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000849869-25-000072
Chunk: 5

Company: SILGAN HOLDINGS INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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Treasury stock(1,435,180)(1,429,358)(1,429,351)Total stockholders’ equity2,083,344 1,899,846 1,989,581  $8,767,975 $7,574,255 $8,584,668 

See accompanying notes.

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SILGAN HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOMEFor the three months ended March 31, 2025 and 2024(Dollars and shares in thousands, except per share amounts)(Unaudited) 

 20252024   Net sales$1,466,661 $1,317,038 Cost of goods sold1,196,258 1,093,559 Gross profit270,403 223,479 Selling, general and administrative expenses129,087 100,476 Rationalization charges10,959 11,691 Other pension and postretirement (income)(187)(407)Income before interest and income taxes130,544 111,719 Interest and other debt expense42,928 38,647 Income before income taxes87,616 73,072 Provision for income taxes20,816 17,908 Income before before equity in earnings of affiliates66,800 55,164 Equity in earnings of affiliates, net of tax1,162 — Net income$67,962 $55,164 Earnings per share: Basic net income per share$0.64 $0.52 Diluted net income per share$0.63 $0.52 Weighted average number of shares: Basic106,915 106,646 Effect of dilutive securities420 405 Diluted107,335 107,051 

See accompanying notes.

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 SILGAN HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEFor the three months ended March 31, 2025 and 2024(Dollars in thousands)(Unaudited)

 20252024Net income$67,962 $55,164   Other comprehensive income (loss), net of tax:  Changes in net prior service credit and actuarial losses1,400 1,403   Change in fair value of derivatives3,071 2,425   Foreign currency translation45,