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Franklin Electric FELE Water Systems — Litigation Settlement, Loss
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Where this comes from
Reported directly by Franklin Electric in its filing.
Tagged under the XBRL concept us-gaap:GainLossRelatedToLitigationSettlement.
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 |
|---|---|---|---|---|
| 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) | |||
| Corporate general and administrative expenses | (19.1) |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Franklin Electric's water systems — litigation settlement, loss?
- Franklin Electric (FELE) reported water systems — litigation settlement, loss of $0 in Q2 2026.
- What does water systems — litigation settlement, loss mean?
- This metric represents the financial impact of legal settlements, judgments, or related charges specifically attributable to the Water Systems business segment. It captures non-recurring costs arising from litigation, regulatory disputes, or legal claims that affect the segment's operating profitability. Monitoring this figure helps investors assess the segment's exposure to legal risks and the potential volatility these liabilities introduce to core earnings.
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