What does corporate — severance costs1 mean?

The total costs associated with employee layoffs and severance packages at the corporate level.

How do you interpret corporate — severance costs1?

An increase suggests active restructuring or downsizing, while a decrease indicates a more stable workforce environment.

How does corporate — severance costs1 compare across companies?

Peer companies report these as restructuring charges or special items within SG&A expenses.

Modine Manufacturing MOD Corporate — Severance Costs1

Discontinued — last reported Q4 '21

Similar metrics at other companies

GTLSCorporate — Severance Costs1

$332.25K—

IPCorporate Segment — Severance costs

$15.25M—

TTMICorporate — Severance Costs1

$685.75K—

EMNCorporate, Non-Segment — Severance Costs

$46M+4,500%

PPGCorporate — Severance Costs1

$10M—

SBUXCorporate and Other — Employee severance, separation costs, and other

$11.1M-71.2%

Other financials

Income statement

See full

Revenue$954.4M+47.5%

Gross profit$214.7M+29.3%

Operating income$103.9M+39.5%

Net income$73.3M+47.8%

EPS (diluted)$1.36+46.2%

Balance sheet

See full

Cash & equivalents$73.5M+2.7%

Total debt$538.5M+32.2%

Total equity$1.2B+31.2%

Total assets$2.7B+39.5%

Cash flow

See full

Operating cash flow$194.9M+256%

CapEx$42.1M+52.0%

Free cash flow$152.8M+464%

Valuation

See full

Market cap$15.71B+183%

Enterprise value$16.17B+172%

P/E129.3×+99.1×

P/S4.9×+2.8×

Profitability

See full

Gross margin23%-1.9pp

Operating margin10.8%-0.2pp

Net margin3.8%-3.3pp

FCF margin3.3%-1.7pp

Returns & leverage

See full

Return on equity11.5%-10.7pp

Debt / equity0.5×0.0×

Current ratio1.9×+0.2×

Where this comes from

Reported directly by Modine Manufacturing in its filing.

Tagged under the XBRL concept us-gaap:SeveranceCosts1.

The official record: Modine Manufacturing’s 10-K, filed May 27, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate — severance costs1 mean?: The total costs associated with employee layoffs and severance packages at the corporate level.
How do you interpret corporate — severance costs1?: An increase suggests active restructuring or downsizing, while a decrease indicates a more stable workforce environment.
How does corporate — severance costs1 compare across companies?: Peer companies report these as restructuring charges or special items within SG&A expenses.