v3.24.1.u1
Shareholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
Three Months Ended
March 31, 2024April 2, 2023
Numerator:
Net income attributable to Sonoco$65,177 $148,319 
Denominator:
Weighted average common shares outstanding:
Basic98,498 98,167 
Dilutive effect of share-based compensation661 448 
Diluted99,159 98,615 
Net income attributable to Sonoco per common share:
Basic$0.66 $1.51 
Diluted$0.66 $1.50 
Cash dividends$0.51 $0.49 
Schedule of Antidilutive Securities
The average numbers of SARs that were anti-dilutive and, therefore, not included in the computation of diluted earnings per share during the three-month periods ended March 31, 2024 and April 2, 2023 were as follows (in thousands):
Three Months Ended
March 31, 2024April 2, 2023
Anti-dilutive stock appreciation rights340343