Discontinued — last reported Q2 '23
Snap-on Commercial & Industrial Group — Payments for Restructuring remained flat by 0.0% to $100.00K in Q2 2023 compared to the prior quarter. Year-over-year, this metric declined by 75.0%, from $400.00K to $100.00K.
Higher payments indicate active execution of cost-saving or efficiency-driven organizational changes.
This tracks the actual cash outflows made by the Commercial & Industrial segment to execute restructuring initiatives, s...
Comparable to cash flow statement adjustments for restructuring payments in industrial segment reporting.
sna_segment_commercial_industrial_group_payments_for_restructuring| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $300.00K | $500.00K | $300.00K | $400.00K | $500.00K | $400.00K | $900.00K | $900.00K | $100.00K | $100.00K |
| QoQ Change | — | +66.7% | -40.0% | +33.3% | +25.0% | -20.0% | +125.0% | +0.0% | -88.9% | +0.0% |
| YoY Change | — | — | — | — | +66.7% | -20.0% | +200.0% | +125.0% | -80.0% | -75.0% |