What is Knowles's restructuring charges?

Knowles (KN) reported restructuring charges of $100K in Q3 2024.

How has Knowles's restructuring charges changed year-over-year?

Knowles's restructuring charges decreased by 93.3% year-over-year, from $1.5M to $100K.

What does restructuring charges mean?

One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

Knowles KN Restructuring Charges

Discontinued — last reported Q3 '24

Restructuring Charges at other companies

PlexusPLXS

$0—

MKS InstrumentsMKSI

$3M-81.3%

Benchmark ElectronicsBHE

$3.75M+188%

EnerSysENS

$19.72M+290%

MaterionMTRN

$2.3M+12.6%

Segments

By segment

See full

Precision Devices$400K-71.4%

MedTech & Specialty Audio$0-100%

Other financials

Income statement

See full

Revenue$153.1M+15.8%

Gross profit$67.2M+24.9%

Operating income$15.9M+298%

Net income$9.7M+585%

EPS (diluted)$0.11+650%

Balance sheet

See full

Cash & equivalents$41.0M-59.8%

Total debt$151.7M-27.7%

Total equity$780.2M+3.2%

Total assets$1.1B-3.9%

Cash flow

See full

Operating cash flow-$700.0K-154%

CapEx$10.8M+170%

Free cash flow-$11.5M-326%

Valuation

See full

Market cap$3.43B+64.8%

Profitability

See full

Gross margin44.6%+1.9pp

Operating margin13.4%+4.2pp

Net margin9.1%+5.0pp

Returns & leverage

See full

Return on equity7.3%+4.0pp

Debt / equity0.2×-0.1×

Current ratio3.3×+1.3×

Where this comes from

Reported directly by Knowles in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Knowles’s 10-Q, filed October 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Knowles's restructuring charges?: Knowles (KN) reported restructuring charges of $100K in Q3 2024.
How has Knowles's restructuring charges changed year-over-year?: Knowles's restructuring charges decreased by 93.3% year-over-year, from $1.5M to $100K.
What does restructuring charges mean?: One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.