World Kinect WKC Land — Indefinite lived intangible assets
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Where this comes from
Reported directly by World Kinect in its filing.
Tagged under the XBRL concept us-gaap:IndefiniteLivedIntangibleAssetsExcludingGoodwill.
The source filing: World Kinect’s 10-K, filed February 24, 2026.
- Filed
- Feb 23, 2026, 9:33 PM EST
- Fiscal year
- FY2025
- Accession
- 0000789460-26-000015
(5) During the second quarter of 2025, we identified impairment indicators with respect to certain trade names and trademarks as a result of steps taken to consolidate branding within our land segment. We determined that the carrying value of the assets was not recoverable and recognized an asset impairment charge of $8.0 million, which represents a full impairment of the related intangible assets. The fair value measurement is categorized as Level 3 within the fair value hierarchy. During the fourth quarter of 2025, we recognized an asset impairment charge of $13.0 million related to certain trade names and trademarks as a result of a significant reduction in the projected cash flows for certain lines of business within our land segment. We determined that the carrying value of the assets was not recoverable and recognized a partial impairment of the related intangible assets to reduce the carrying value of the trade names and trademarks to their estimated fair value of $16.3 million.
Item 15. and Financial Statement Schedules
FAQ
- What is World Kinect's land — indefinite lived intangible assets?
- World Kinect (WKC) reported land — indefinite lived intangible assets of $16.3M in Q4 2025.
- What does land — indefinite lived intangible assets mean?
- This metric represents the carrying value of intangible assets within the Land segment that are expected to provide economic benefits for an indefinite period, such as trade names or regulatory permits. Unlike finite-lived assets, these are not amortized but are tested annually for impairment. The balance reflects the value of the segment's long-term competitive advantages and market presence.
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