Charles River Laboratories CRL RMS — Gain on disposition of property plant equipment
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Where this comes from
Reported directly by Charles River Laboratories in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnSaleOfPropertyPlantEquipment.
The source filing: Charles River Laboratories’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 9:21 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001100682-26-000118
In March 2026, the Company completed the sale of certain assets at the Wilmington, Massachusetts site. The assets consisted of office, laboratory and mixed-use buildings within our RMS segment and unallocated corporate, and was sold to an unrelated third party for cash consideration of $60.1 million, net of costs to sell. In conjunction with the sale, the Company has entered into a long-term operating lease for certain buildings to support RMS and unallocated corporate operations. Upon meeting the criteria for sale leaseback, the Company derecognized the book value of $21.6 million and recognized a pre-tax gain of $38.5 million. The gain was recognized within the RMS reportable segment and unallocated corporate for $23.2 million and $15.3 million, respectively, and is included in Selling, general and administrative expenses within the unaudited condensed consolidated statements of income (loss). As of December 27, 2025, the Company included the above assets as held for sale within Other assets on the unaudited condensed consolidated balance sheets.
Item 1. Financial Statements
FAQ
- What is Charles River Laboratories's RMS — gain on disposition of property plant equipment?
- Charles River Laboratories (CRL) reported RMS — gain on disposition of property plant equipment of $23.2M in Q1 2026.
- What does RMS — gain on disposition of property plant equipment mean?
- Reflects the profit realized from the sale or disposal of physical assets, such as buildings or equipment, within the Research Models and Services segment. This is typically a non-recurring item that impacts the segment's net income. It highlights the efficiency of asset management and divestiture strategies.
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