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World Kinect WKC Land — Restructuring and exit costs
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Where this comes from
Reported directly by World Kinect in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
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 | Total |
|---|---|---|---|---|
| Depreciation and amortization | (5.2) | (6.8) | (0.3) | (12.3) |
| Provision for credit losses | (3.2) | (4.0) | (22.3) | (29.6) |
| Goodwill and other asset impairments | — | 4.0 | (1.4) | 2.7 |
| Restructuring and exit costs | (0.6) | (5.3) | (0.1) | (6.0) |
| Other segment expenses (2) | (21.1) | (20.2) | (8.9) | (50.2) |
| Operating income - segment profit (loss) | 104.8 | 6.3 | 22.2 | 133.4 |
| Unallocated corporate expenses (3) | (37.4) | |||
| Interest expense and other financing costs, net | (30.6) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is World Kinect's land — restructuring and exit costs?
- World Kinect (WKC) reported land — restructuring and exit costs of $5.3M in Q2 2026.
- How has World Kinect's land — restructuring and exit costs changed year-over-year?
- World Kinect's land — restructuring and exit costs increased by 341.7% year-over-year, from $1.2M to $5.3M.
- What does land — restructuring and exit costs mean?
- This includes expenses related to organizational changes, such as severance, facility closures, or the divestiture of business units within the Land segment. These costs are typically incurred to improve long-term operational efficiency or to pivot the business strategy. Tracking these charges helps investors evaluate the cost of transformation and the potential for future margin improvement.
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