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World Kinect WKC Aviation — Restructuring Reserve
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Where this comes from
Reported directly by World Kinect in its filing.
Tagged under the XBRL concept us-gaap:RestructuringReserve.
The source filing: World Kinect’s 10-Q, filed July 24, 2026.
- Filed
- Jul 24, 2026, 4:13 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q3 2026
- Accession
- 0000789460-26-000040
| Line item | Aviation | Land | Marine | Corporate | Consolidated |
|---|---|---|---|---|---|
| Accrued charges as of December 31, 2025 | $3.3 | $31.6 | $1.2 | $10.5 | $46.6 |
| Restructuring and exit activity charges | 1.0 | 5.4 | 2.2 | 6.3 | 14.9 |
| Paid during the period | (2.1) | (14.0) | (1.8) | (8.9) | (26.8) |
| Accrued charges as of June 30, 2026 | $2.1 | $23.0 | $1.6 | $8.0 | $34.7 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is World Kinect's aviation — restructuring reserve?
- World Kinect (WKC) reported aviation — restructuring reserve of $2.1M in Q2 2026.
- How has World Kinect's aviation — restructuring reserve changed year-over-year?
- World Kinect's aviation — restructuring reserve decreased by 48.8% year-over-year, from $4.1M to $2.1M.
- What does aviation — restructuring reserve mean?
- This represents the estimated liability set aside by the aviation segment to cover costs associated with organizational restructuring, such as severance or facility closures. It indicates the potential future cash outflows related to strategic shifts or cost-optimization initiatives.
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