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 nine months ended September 29, 2018 and September 30, 2017 (in thousands):

Attributable to

Nucor
Corporation

Noncontrolling
Interests

Total

Stockholders’ equity at December 31, 2017

8,739,036

345,752

9,084,788

Total comprehensive income

1,694,062

86,026

1,780,088

Stock options

28,351

—

28,351

Issuance of stock under award plans, net of forfeitures

44,304

—

44,304

Amortization of unearned compensation

1,400

—

1,400

Treasury stock acquired

(351,392

)

—

(351,392

)

Dividends declared

(363,624

)

—

(363,624

)

Distributions to noncontrolling interests

—

(49,494

)

(49,494

)

Stockholders’ equity at September 29, 2018

9,792,137

382,284

10,174,421

Attributable to

Nucor
Corporation

Noncontrolling
Interests

Total

Stockholders’ equity at December 31, 2016

7,879,865

374,843

8,254,708

Total comprehensive income

1,034,784

50,680

1,085,464

Stock options

13,300

—

13,300

Issuance of stock under award plans, net of forfeitures

30,787

—

30,787

Amortization of unearned compensation

1,000

—

1,000

Treasury stock acquired

(90,305

)

—

(90,305

)

Dividends declared

(364,046

)

—

(364,046

)

Distributions to noncontrolling interests

—

(85,094

)

(85,094

)

Stockholders’ equity at September 30, 2017

8,505,385

340,429

8,845,814

Dividends declared per share were $0.38 per share in the third quarter of 2018 ($0.3775 per share in the third quarter of 2017) and $1.14 per share in the first nine months of 2018 ($1.1325 per share in the first nine months of 2017).

On September 6, 2018, the Company announced that the Board of Directors had approved a share repurchase program under which the Company is authorized to repurchase up to $2.0 billion of the Company’s common stock. Share repurchases will be made from time to time in the open market at prevailing market prices, through private transactions or block trades. The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors. The share repurchase authorization is discretionary and has no expiration date. The Board of Directors also terminated any previously authorized repurchase programs. At September 29, 2018, the Company had the entire $2.0 billion available for share repurchases.