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Franklin Electric FELE Water 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 April 29, 2026.
- Filed
- Apr 29, 2026, 2:10 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000038725-26-000026
| (In millions) | Water Systems | Energy Systems | Distribution | Consolidated |
|---|---|---|---|---|
| Balance as of December 31, 2025 | $277.0 | $70.5 | $50.6 | $398.1 |
| Acquisitions | — | — | — | — |
| Adjustments to prior year acquisitions | 0.2 | — | — | 0.2 |
| Foreign currency translation | 1.4 | (0.1) | — | 1.3 |
| Balance as of March 31, 2026 | $278.6 | $70.4 | $50.6 | $399.6 |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Franklin Electric's water systems — goodwill, purchase accounting adjustments?
- Franklin Electric (FELE) reported water systems — goodwill, purchase accounting adjustments of $200K in Q1 2026.
- How has Franklin Electric's water systems — goodwill, purchase accounting adjustments changed year-over-year?
- Franklin Electric's water systems — goodwill, purchase accounting adjustments increased by 100.0% year-over-year, from $100K to $200K.
- What is the long-term trend for Franklin Electric's water systems — goodwill, purchase accounting adjustments?
- Over 2 years (2021 to 2024), Franklin Electric's water systems — goodwill, purchase accounting adjustments has grown at a 216.2% compound annual growth rate (CAGR), from -$100K to -$1M.
- What does water systems — goodwill, purchase accounting adjustments mean?
- Reflects adjustments made to the initial valuation of goodwill for acquisitions within the Water Systems segment, typically occurring during the measurement period. These adjustments represent refinements to the fair value assessment of acquired assets and liabilities.
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