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Stockholders' Equity
 3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Stockholders' Equity
13. STOCKHOLDERS’ EQUITY: The following tables reflect the changes in stockholders’ equity attributable to both Nucor and the noncontrolling interests of Nucor’s joint ventures, primarily Nucor-Yamato Steel Company (Limited Partnership), of which Nucor owns 51%, for the three months ended March 31, 2018 and April 1, 2017 (in thousands):

 

     Attributable to
Nucor Corporation		      Attributable to
Noncontrolling Interests		                  Total              

Stockholders’ equity at December 31, 2017

    $ 8,739,036      $ 345,752      $ 9,084,788  

Total comprehensive income

      359,494        25,933        385,427  

Stock options

      12,630        —          12,630  

Issuance of stock under award plans, net of forfeitures

      15,240        —          15,240  

Amortization of unearned compensation

      700        —          700  

Treasury stock acquired

      (29,193 )       —          (29,193 ) 

Dividends declared

      (121,880 )       —          (121,880 ) 

Distributions to noncontrolling interests

      —          (24,793 )       (24,793 ) 
  

 

 

     

 

 

     

 

 

  

Stockholders’ equity at March 31, 2018

    $ 8,976,027      $ 346,892      $ 9,322,919  
  

 

 

     

 

 

     

 

 

  
     Attributable to
Nucor Corporation		      Attributable to
Noncontrolling Interests		      Total  

Stockholders’ equity at December 31, 2016

    $ 7,879,865      $ 374,843      $ 8,254,708  

Total comprehensive income

      357,750        20,749        378,499  

Stock options

      3,785        —          3,785  

Issuance of stock under award plans, net of forfeitures

      13,633        —          13,633  

Amortization of unearned compensation

      400        —          400  

Dividends declared

      (121,410 )       —          (121,410 ) 

Distributions to noncontrolling interests

      —          (61,544 )       (61,544 ) 
  

 

 

     

 

 

     

 

 

  

Stockholders’ equity at April 1, 2017

    $ 8,134,023      $ 334,048      $ 8,468,071  
  

 

 

     

 

 

     

 

 

  

In September 2015, the Company announced that the Board of Directors had approved a share repurchase program under which the Company is authorized to repurchase up to $900.0 million of the Company’s common stock. This $900.0 million share repurchase program has no stated expiration and replaced any previously authorized repurchase programs. As of March 31, 2018, the Company had approximately $708.9 million remaining available for share repurchases under the program. The Company expects any share repurchases to be made through purchases from time to time in the open market at prevailing market prices, through private transactions or block trades. The timing and amount of any repurchases will depend on market conditions, share price, applicable legal requirements and other factors.