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Crane NXT, Inc. CXT DTT — Cumulative Restructuring Charges
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Where this comes from
Reported directly by Crane NXT, Inc. in its filing.
Tagged under the XBRL concept cxt:CumulativeRestructuringCharges.
The source filing: Crane NXT, Inc.’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:31 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000025445-26-000034
- During the three-and-six months ended June 30, 2026, we recorded restructuring charges of $0.9 million and $3.1 million, respectively, related to severance and facility exit activities associated with the integration of the DLR and OpSec businesses. As of June 30, 2026, cumulative restructuring charges associated with this initiative were $15.3 million. Total program costs are expected to be approximately $25 million.
- For the three-and-six months ended June 30, 2026, we recorded severance costs of $2.5 million and $3.1 million to better align CPI’s cost structure with current economic conditions. As of June 30, 2026, cumulative restructuring charges associated with this initiative were $7.8 million. We continue to evaluate and align CPI’s cost structure with existing economic conditions which could result in further actions in 2026.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Crane NXT, Inc.'s DTT — cumulative restructuring charges?
- Crane NXT, Inc. (CXT) reported DTT — cumulative restructuring charges of $15.3M in Q2 2026.
- What does DTT — cumulative restructuring charges mean?
- This metric represents the total historical expenditure allocated to restructuring activities within the Security and Authentication Technologies segment over a multi-period timeframe. It provides a comprehensive view of the total capital invested in organizational transformation and efficiency programs. Analyzing this cumulative figure allows investors to evaluate the total cost of past strategic initiatives against the realized improvements in segment profitability.
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