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Franklin Electric FELE Energy Systems — 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 energy systems — goodwill, purchase accounting adjustments?
- Franklin Electric (FELE) reported energy systems — goodwill, purchase accounting adjustments of $0 in Q2 2026.
- What does energy systems — goodwill, purchase accounting adjustments mean?
- Reflects revisions made to the initial valuation of assets and liabilities acquired in previous business combinations within the Energy Systems segment. These adjustments occur during the measurement period as the company refines its assessment of fair values. It provides insight into the accuracy of initial acquisition accounting and potential shifts in the perceived value of acquired entities.
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