Varex Imaging Corporation VREX Accrued Expenses
Accrued Expenses at other companies
Other financials
Where this comes from
Reported directly by Varex Imaging Corporation in its filing.
Tagged under the XBRL concept us-gaap:AccrualForEnvironmentalLossContingencies.
The source filing: Varex Imaging Corporation’s 10-Q, filed August 10, 2026.
- Filed
- Aug 10, 2026, 4:51 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q3 2026
- Accession
- 0001681622-26-000063
The Company's operations and facilities, past and present, are subject to environmental laws, including laws that regulate the handling, storage, transport, and disposal of hazardous substances. Certain of those laws impose cleanup liabilities under certain circumstances. In connection with those laws and certain of our past and present operations and facilities, the Company is obligated to indemnify Varian Medical Systems, Inc. ("Varian") for the cleanup liabilities related to prior corporate restructuring activities. The Company anticipates that it will be obligated to reimburse Varian for 20% of the liabilities of Varian related to these sites (after adjusting for any insurance proceeds or tax benefits received by Varian). As of July 3, 2026 and October 3, 2025, the Company's estimated environmental liability for these sites was $2.5 million and $3.2 million, net of expected insurance proceeds, respectively. These amounts are included within accrued liabilities and other current liabilities and other long-term liabilities in the Condensed Consolidated Balance Sheets.
Item 1. Unaudited Financial Statements
FAQ
- What is Varex Imaging Corporation's accrued expenses?
- Varex Imaging Corporation (VREX) reported accrued expenses of $2.5M in Q2 2026.
- How has Varex Imaging Corporation's accrued expenses changed year-over-year?
- Varex Imaging Corporation's accrued expenses decreased by 72.8% year-over-year, from $9.2M to $2.5M.
- What is the long-term trend for Varex Imaging Corporation's accrued expenses?
- Over 5 years (2020 to 2025), Varex Imaging Corporation's accrued expenses has grown at a -46.1% compound annual growth rate (CAGR), from $70.5M to $3.2M.
- What does accrued expenses mean?
- Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.
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