v3.24.2.u1
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
Three Months EndedSix Months Ended
June 30, 2024July 2, 2023June 30, 2024July 2, 2023
Numerator:
Net income attributable to Sonoco$90,811 $114,649 $155,988 $262,968 
Denominator:
Weighted average common shares outstanding:
Basic98,671 98,325 98,583 98,246 
Dilutive effect of share-based compensation570 547 616 494 
Diluted99,241 98,872 99,199 98,740 
Net income attributable to Sonoco per common share:
Basic$0.92 $1.17 $1.58 $2.68 
Diluted$0.92 $1.16 $1.57 $2.66 
Cash dividends$0.52 $0.51 $1.03 $1.00 
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- and six-month periods ended June 30, 2024 and July 2, 2023 were as follows (in thousands):
Three Months EndedSix Months Ended
June 30, 2024July 2, 2023June 30, 2024July 2, 2023
Anti-dilutive stock appreciation rights338341339342