SPX Technologies SPXC HVAC Reportable — Severance Costs1
Discontinued — last reported Q4 '23
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Where this comes from
Reported directly by SPX Technologies in its filing.
Tagged under the XBRL concept us-gaap:SeveranceCosts1.
The official record: SPX Technologies’s 10-K, filed February 23, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SPX Technologies's HVAC reportable — severance costs1?
- SPX Technologies (SPXC) reported HVAC reportable — severance costs1 of $25K in Q4 2023.
- How has SPX Technologies's HVAC reportable — severance costs1 changed year-over-year?
- SPX Technologies's HVAC reportable — severance costs1 decreased by 0.0% year-over-year, from $25K to $25K.
- What is the long-term trend for SPX Technologies's HVAC reportable — severance costs1?
- Over 2 years (2021 to 2023), SPX Technologies's HVAC reportable — severance costs1 has grown at a 0.0% compound annual growth rate (CAGR), from $100K to $100K.
- What does HVAC reportable — severance costs1 mean?
- The total financial cost of severance payments for employees laid off in the HVAC segment.
- How do you interpret HVAC reportable — severance costs1?
- An increase reflects active downsizing or restructuring efforts, which are often precursors to improved operating margins once the transition is complete.
- How does HVAC reportable — severance costs1 compare across companies?
- Comparable to 'Severance and Termination Costs' or 'Restructuring Charges' reported by peers undergoing organizational restructuring.