World Kinect WKC Land — Consideration from sale of business
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by World Kinect in its filing.
Tagged under the XBRL concept us-gaap:DisposalGroupIncludingDiscontinuedOperationConsideration.
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
The Falmouth disposal group assets were assessed for impairment under the held for sale impairment model during the fourth quarter of 2025. As a result, an impairment charge of $3.3 million was recognized to reduce the carrying amount of the Falmouth terminal land within the disposal group to its estimated fair value less costs to sell. The remaining carrying value of disposal group assets and liabilities have been reclassified to Other current assets and Accrued expenses and other current liabilities, respectively, within our Condensed Consolidated Balance Sheet. In July 2026, we signed and closed on the sale of the Falmouth terminal and related assets for total proceeds of approximately $1.3 million. We do not expect to recognize a material gain or loss on sale.
Item 1. Financial Statements (Unaudited)
FAQ
- What is World Kinect's land — consideration from sale of business?
- World Kinect (WKC) reported land — consideration from sale of business of $1.3M in Q3 2026.
- What does land — consideration from sale of business mean?
- Reflects the total value of consideration received or receivable from the divestiture of business units within the Land segment. This metric is used to evaluate the capital recovery and strategic value realized from exiting non-core or underperforming operations.
Ask your AI about World Kinect's land — consideration from sale of business.
Connect your AI assistant and compare it to peers, right in your chat.
