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Flowserve FLS FPD — Gain (Loss) on Termination of Lease
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Where this comes from
Reported directly by Flowserve in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnTerminationOfLease.
The source filing: Flowserve’s 10-Q, filed April 29, 2026.
- Filed
- Apr 29, 2026, 4:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000030625-26-000012
(1) Includes within FPD a $3.5 million non-cash gain recognized on the early cancellation of a certain lease agreement and the resulting write-off of the remaining operating lease liability associated with our 2023 Realignment Programs. Our 2023 Realignment Programs are substantially completed.
Item 1. Financial Statements
FAQ
- What is Flowserve's FPD — gain (loss) on termination of lease?
- Flowserve (FLS) reported FPD — gain (loss) on termination of lease of $3.5M in Q1 2026.
- What does FPD — gain (loss) on termination of lease mean?
- This metric captures the financial impact resulting from the early termination or modification of real estate or equipment leases within the business segment. It reflects the difference between the carrying value of the lease liability and the settlement amount paid or received. It is an indicator of footprint optimization or changes in operational capacity requirements.
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