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World Kinect WKC Marine — 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 marine — restructuring reserve?
- World Kinect (WKC) reported marine — restructuring reserve of $1.6M in Q2 2026.
- How has World Kinect's marine — restructuring reserve changed year-over-year?
- World Kinect's marine — restructuring reserve increased by 166.7% year-over-year, from $600K to $1.6M.
- What does marine — restructuring reserve mean?
- Represents the liability set aside to cover future costs associated with organizational changes, such as workforce reductions or facility closures within the Marine segment. It indicates the magnitude of planned operational shifts and potential future cash outflows related to restructuring.
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