Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations
RBC Bearings Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations remained flat by 0.0% to $525.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $350.00K to $525.00K. Over 4 years (FY 2022 to FY 2026), Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations shows an upward trend with a 3.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A reduction due to statute expiration is a positive indicator of risk elimination for historical tax years.
Detailed definition
Represents the reduction in unrecognized tax benefits due to the expiration of the statute of limitations for specific t...
Peer comparison
Standard tax accounting practice; peers report this as a routine reduction in tax contingency reserves.
other_unrecognized_tax_benefits_reductions_resulting_fro_c44978Historical Data
| FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|---|
| Value | $1.80M | $2.50M | $1.60M | $1.40M | $2.10M |
| YoY Change | — | +38.9% | -36.0% | -12.5% | +50.0% |
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations at Other Companies
Frequently Asked Questions
- What is RBC Bearings's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations?
- RBC Bearings (RBC) reported unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations of $525.00K in Q1 2026.
- How has RBC Bearings's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations changed year-over-year?
- RBC Bearings's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations increased by 50.0% year-over-year, from $350.00K to $525.00K.
- What is the long-term trend for RBC Bearings's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations?
- Over 4 years (2022 to 2026), RBC Bearings's unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations has grown at a 3.9% compound annual growth rate (CAGR), from $1.80M to $2.10M.
- What does unrecognized tax benefits, reduction resulting from lapse of applicable statute of limitations mean?
- The reduction in potential tax liabilities because the time limit for tax authorities to challenge those positions has passed.