Federal Signal FSS Ground Force — Finance Lease, Liability
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Where this comes from
Reported directly by Federal Signal in its filing.
Tagged under the XBRL concept us-gaap:FinanceLeaseLiability.
The source filing: Federal Signal’s 10-K, filed February 25, 2026.
- Filed
- Feb 25, 2026, 3:21 PM EST
- Fiscal year
- FY2025
- Accession
- 0001628280-26-011576
In the fourth quarter of 2024, the Company provided notice to the lessor of one of its leased U.S. manufacturing facilities of its intent to exercise the $11.5 million purchase option included in the lease agreement. The Company remeasured the corresponding lease liability, adjusted the right-of-use asset, and reassessed the lease classification, resulting in a change in classification from an operating lease to a finance lease in the fourth quarter of 2024. As of December 31, 2024, the related finance lease right-of-use asset was $11.3 million and the finance lease liability was $11.5 million. The associated impact on the Company’s Consolidated Statement of Operations for the year ended December 31, 2024 was insignificant. The weighted average discount rate was 4.9%. The purchase was completed on February 10, 2025. As of the purchase date, the related finance lease right-of-use asset, net, was approximately $11.3 million and the finance lease liability was $11.5 million. The cash outflow of approximately $11.5 million related to the facility purchase is reflected as a component of Other, net within the financing activities on the Consolidated Statement of Cash Flows for the year ended December 31, 2025.
Item 8. Financial Statements and Supplementary Data.
FAQ
- What is Federal Signal's ground force — finance lease, liability?
- Federal Signal (FSS) reported ground force — finance lease, liability of $11.5M in Q1 2025.
- What does ground force — finance lease, liability mean?
- This metric quantifies the total outstanding financial obligation arising from finance lease agreements within the Ground Force segment. It represents the present value of future lease payments that the segment is contractually obligated to pay over the lease term. Investors use this figure to assess the segment's long-term debt burden and its commitment to financing operational assets through lease arrangements.
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