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World Kinect WKC Land — 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 land — restructuring reserve?
- World Kinect (WKC) reported land — restructuring reserve of $23M in Q2 2026.
- How has World Kinect's land — restructuring reserve changed year-over-year?
- World Kinect's land — restructuring reserve increased by 369.4% year-over-year, from $4.9M to $23M.
- What does land — restructuring reserve mean?
- This metric represents the accrued liability for costs associated with planned restructuring activities, such as severance, facility closures, or contract terminations within the Land segment. It reflects management's commitment to optimizing operational efficiency and cost structures. Tracking this reserve helps investors anticipate future cash outflows related to organizational changes.
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