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Franklin Electric FELE Distribution — Goodwill, Purchase Accounting Adjustments
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Where this comes from
Reported directly by Franklin Electric in its filing.
Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.
The source filing: Franklin Electric’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 10:51 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000038725-26-000055
| (In millions) | Water Systems | Energy Systems | Distribution | Consolidated |
|---|---|---|---|---|
| Balance as of December 31, 2025 | $277.0 | $70.5 | $50.6 | $398.1 |
| Acquisitions | 23.0 | — | 5.5 | 28.5 |
| Adjustments to prior year acquisitions | 0.2 | — | — | 0.2 |
| Foreign currency translation | 5.4 | (0.1) | — | 5.3 |
| Balance as of June 30, 2026 | $305.6 | $70.4 | $56.1 | $432.1 |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Franklin Electric's distribution — goodwill, purchase accounting adjustments?
- Franklin Electric (FELE) reported distribution — goodwill, purchase accounting adjustments of $0 in Q2 2026.
- What does distribution — goodwill, purchase accounting adjustments mean?
- Reflects retrospective adjustments made to the carrying value of goodwill following the finalization of purchase price allocations for prior acquisitions. These adjustments typically occur as management refines the fair value assessment of acquired assets and liabilities.
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