NPK — what changed in the latest 10-Q
A section-by-section comparison of NPK's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-15 vs the prior 10-Q · 2025-11-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +9 | −15 | ~5 | 5 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-15
The Company reports its operations on a fiscal quarter basis in which each quarter contains approximately thirteen weeks and ends on a Sunday, with the exception of the fourth quarter, which ends on December 31. Occasionally, the end dates of the fiscal quarters are adjusted to account for differenc…
On a consolidated basis, net sales increased by $15,010,000 (15%), gross profit decreased by $633,000 (4%), selling and general expenses increased by $2,078,000 (24%), gain on sale of property, plant and equipment increased $1,707,000, and amortization increased by $34,000. Other income decreased by…
Housewares/Small Appliance net sales decreased by $3,428,000 from $21,926,000 to $18,498,000, or 16%, which was attributable to a decrease in units shipped, approximately 40% of which was offset by increases in pricing. The decrease in units shipped was due in large part to startup issues at the seg…
Housewares/Small Appliance gross profit decreased $3,823,000 from $1,460,000 to a loss of $2,363,000, primarily reflecting decrease in sales mentioned above, augmented by a less favorable product mix, as well as an increase in costs incident to the startup of the segment’s new warehousing facility o…
Selling and general expenses for the Housewares/Small Appliance segment increased $185,000, primarily reflecting increased cost accruals for health care of $656,000 and legal and professional of $286,000, and increased compensation costs of $191,000. These were offset by an increased allocation of c…
Text removed vs the prior filing · source: 10-Q · 2025-11-07
On a consolidated basis, net sales increased by $23,640,000 (26%), gross profit decreased by $1,211,000 (7%), selling and general expenses increased by $1,600,000 (21%), and amortization was consistent. Other income decreased by $702,000 (61%), earnings before provision for income taxes decreased by…
Housewares/Small Appliance net sales decreased by $2,274,000 from $24,816,000 to $22,542,000, or 9%, which was attributable to a decrease in units shipped, approximately 53% of which was offset by increases in pricing. Defense net sales increased by $25,794,000 from $66,794,000 to $92,588,000 or 39%…
Housewares/Small Appliance gross profit decreased $4,692,000 from $4,997,000 to $305,000, primarily reflecting decrease in sales mentioned above and the impact of the various tariffs imposed under the second Trump term. Those tariffs are generally treated as period costs and expensed as they are inc…
Selling and general expenses for the Housewares/Small Appliance segment increased $339,000, primarily due to increases in legal and professional cost accruals of $197,000, and compensation related expenses of $197,000, offset by decreases in self-insurance accruals of $81,000. Selling and general ex…
Readers are directed to Note D to the Consolidated Financial Statements, “Business Segments,” for data on the financial results of the Company’s three business segments for the first nine months ended September 28, 2025 and September 29, 2024.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice