Virco Manufacturing Corporation VIRC Product Liability — Self insurance retention
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Where this comes from
Reported directly by Virco Manufacturing Corporation in its filing.
Tagged under the XBRL concept virc:SelfInsuranceRetention.
The official record: Virco Manufacturing Corporation’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Virco Manufacturing Corporation's product liability — self insurance retention?
- Virco Manufacturing Corporation (VIRC) reported product liability — self insurance retention of $150K in Q1 2026.
- How has Virco Manufacturing Corporation's product liability — self insurance retention changed year-over-year?
- Virco Manufacturing Corporation's product liability — self insurance retention decreased by 40.0% year-over-year, from $250K to $150K.
- What is the long-term trend for Virco Manufacturing Corporation's product liability — self insurance retention?
- Over 3 years (2023 to 2026), Virco Manufacturing Corporation's product liability — self insurance retention has grown at a 0.0% compound annual growth rate (CAGR), from $1M to $1M.
- What does product liability — self insurance retention mean?
- This metric represents the specific dollar amount of risk or loss per occurrence that the company retains for product liability claims before external insurance coverage begins. It serves as a key indicator of the company's risk appetite and the potential volatility of earnings related to product safety and quality assurance. A higher retention level suggests greater self-assumption of risk, which can lead to increased earnings sensitivity to litigation outcomes.