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Franklin Electric FELE Energy Systems — Restructuring expense
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Where this comes from
Reported directly by Franklin Electric in its filing.
Tagged under the XBRL concept us-gaap:RestructuringSettlementAndImpairmentProvisions.
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
| Second Quarter Ended June 30, 2026 | Water Systems | Distribution | Energy Systems | Total |
|---|---|---|---|---|
| Total consolidated sales | $622.9 | |||
| Cost of sales | $230.7 | $161.5 | $36.9 | |
| Selling, general and administrative expenses | 62.2 | 39.9 | 10.9 | |
| Restructuring expense | 0.4 | — | — | |
| Legal settlement loss (see Note 7) | — | — | 4.5 | |
| Segment operating income | $65.2 | $19.7 | $27.9 | $112.8 |
| Reconciliation of segment operating income to income before income taxes | ||||
| Deferred intersegment profit | $(0.1) |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Franklin Electric's energy systems — restructuring expense?
- Franklin Electric (FELE) reported energy systems — restructuring expense of $0 in Q2 2026.
- What is the long-term trend for Franklin Electric's energy systems — restructuring expense?
- Over 3 years (2022 to 2025), Franklin Electric's energy systems — restructuring expense has grown at a -100.0% compound annual growth rate (CAGR), from $600K to $0.
- What does energy systems — restructuring expense mean?
- Represents costs incurred to reorganize, consolidate, or streamline the operations of the Energy Systems segment to improve future profitability. These expenses often include severance, facility closures, and asset write-downs. While these costs reduce current earnings, they are typically intended to enhance operational efficiency and long-term margins.
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