OSI Systems OSIS Healthcare Division — Restructuring Legal Settlement Expense
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Where this comes from
Reported directly by OSI Systems in its filing.
Tagged under the XBRL concept osis:RestructuringLegalSettlementExpense.
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 — restructuring legal settlement expense?
- OSI Systems (OSIS) reported healthcare division — restructuring legal settlement expense of $1.1M in Q1 2026.
- What does healthcare division — restructuring legal settlement expense mean?
- Refers to non-recurring expenses arising from legal disputes or settlements that are distinct from standard operating litigation. These costs are monitored to understand the impact of external legal risks on segment profitability and management's ability to resolve operational liabilities.
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