OSI Systems OSIS Healthcare Division — Business Exit Costs1
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Where this comes from
Reported directly by OSI Systems in its filing.
Tagged under the XBRL concept us-gaap:BusinessExitCosts1.
The source filing: OSI Systems’s 10-Q, filed May 4, 2026.
- Filed
- May 4, 2026, 5:24 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001104659-26-055014
During the three months ended March 31, 2026, we recognized $6.2 million in impairment, restructuring and other charges, which included $0.2 million for impairment of assets, $1.7 million for employee terminations, $2.0 million for acquisition-related costs, $1.2 million for non-recurring business unit modifications and $1.1 million for a legal settlement, primarily in our Healthcare division. During the nine months ended March 31, 2026, we recognized $11.8 million in impairment, restructuring and other charges, which included $1.2 million for impairment of assets, $2.7 million for employee terminations, $2.0 million for acquisition-related costs, $2.6 million for non-recurring business unit modifications and $1.1 million for a legal settlement in our Healthcare division, and $2.2 million of non-recurring charges in our Security division.
Item 1. Financial Statements (Unaudited)
FAQ
- What is OSI Systems's healthcare division — business exit costs1?
- OSI Systems (OSIS) reported healthcare division — business exit costs1 of $1.2M in Q1 2026.
- What does healthcare division — business exit costs1 mean?
- Captures the financial impact of exiting specific business lines, product categories, or geographic markets. Monitoring these costs helps investors assess the efficiency of portfolio rationalization and the impact of strategic shifts on the segment's bottom line.
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