Mayville Engineering MEC Impairment Charges
Impairment Charges at other companies
Other financials
Where this comes from
Reported directly by Mayville Engineering in its filing.
Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.
The source filing: Mayville Engineering’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 4:16 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001104659-26-056257
During the three months ended March 31, 2026, the Company expanded the restructuring plan (the Plan) to include the sale of the building that is currently leased to a non-related party in Fond du Lac, Wisconsin. As part of this action, the Company recorded impairment expense of $375. The remaining net amount of property, plant and equipment associated with the facility was $1,680 which was reclassified to assets held for sale from property, plant and equipment. As of March 31, 2026, and December 31, 2025, the Company had assets held for sale of $3,082 and $1,402, respectively.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Mayville Engineering's impairment charges?
- Mayville Engineering (MEC) reported impairment charges of $375K in Q1 2026.
- What does impairment charges mean?
- Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.
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