What is Versigent 's restructuring reserve?

Versigent (VGNT) reported restructuring reserve of $3M in Q1 2026.

What does restructuring reserve mean?

This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.

Versigent VGNT Restructuring Reserve

Restructuring Reserve at other companies

ABM IndustriesABM

$3.6M—

Gates Industrial CorporationGTES

$12.7M+338%

Celanese CorporationCE

$34M-20.9%

Resideo Technologies, Inc.REZI

$21M—

BioCryst PharmaceuticalsBCRX

$596K—

Travel + LeisureTNL

$18M+5.9%

Other financials

Income statement

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Revenue$2.2B+9.3%

Gross profit$244.0M-2.0%

Operating income$74.0M-39.8%

Net income$78.0M-17.9%

Balance sheet

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Cash & equivalents$282.0M—

Total debt$2.4B—

Total equity-$48.0M-103%

Total assets$4.9B—

Cash flow

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Operating cash flow$36.0M-10.0%

CapEx$66.0M+78.4%

Free cash flow-$30.0M-1,100%

Valuation

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Market cap$3.03B—

Returns & leverage

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Debt / equity0.2×—

Current ratio1.4×—

Where this comes from

Reported directly by Versigent in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserveNoncurrent.

The official record: Versigent ’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Versigent 's restructuring reserve?: Versigent (VGNT) reported restructuring reserve of $3M in Q1 2026.
What does restructuring reserve mean?: This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.