NX — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-09-04

• Net Sales. Net sales decreased $6.2 million for the three months ended July 31, 2026 compared to the same period in 2025. The decrease was primarily due to a net unfavorable impact from tariff-related activity, consisting of approximately $9.1 million of tariff-related refunds, partially offset by $…

• Cost of Sales. Cost of sales decreased $8.2 million, for the three months ended July 31, 2026 compared to the same period in 2025. The decrease was primarily due to lower sales volume and favorable tariff-related activity, including tariff-related refunds, partially offset by higher raw material and…

• fiscal 2025. For additional discussion of the restructuring, see the “restructuring” section of Note 1, “Nature of Operations, Basis of Presentation and Significant Accounting Policies”.

• Net Sales. Net sales increased $4.9 million for the three months ended July 31, 2026 compared to the same period in 2025, primarily due to $6.0 million of favorable price, surcharge and raw material index adjustments, partially offset by $1.0 million from lower volume and $0.1 million of unfavorable…

• Cost of Sales. Cost of sales increased $4.8 million for the three months ended July 31, 2026 compared to the same period in 2025. The increase was primarily due to higher raw material costs, partially offset by lower sales volumes.

Text removed vs the prior filing · source: 10-Q · 2026-06-05

• Net Sales. Net sales increased $0.1 million for the three months ended April 30, 2026 compared to the same period in 2025. Net sales were relatively flat, as $4.8 million favorable tariff-related pricing adjustments and a $3.3 million favorable impact from foreign currency rate changes were largely …

• Cost of Sales. Cost of sales increased $16.9 million, for the three months ended April 30, 2026 compared to the same period in 2025. The increase was primarily due to higher tariff-related costs, unfavorable foreign currency movements, other cost inflation and increases in transportation costs, part…

• Net Sales. Net sales increased $1.0 million for the three months ended April 30, 2026 compared to the same period in 2025 primarily due to a $4.7 million favorable impact from foreign currency rate changes and a $1.5 million increase in price and raw material indexes, partially offset by a $5.2 mill…

• Cost of Sales. Cost of sales increased $1.2 million for the three months ended April 30, 2026 compared to the same period in 2025. The increase was primarily due to unfavorable foreign currency rate movements and higher raw material costs, partially offset by the impact of the lower sales volumes me…

• Selling, General and Administrative. Selling, general and administrative expense remained flat for the three months ended April 30, 2026 compared to the same period in 2025.

Text added vs the prior filing · source: 10-Q · 2026-09-04

• Our debt bears interest at variable rates and accordingly is sensitive to changes in interest rates. During the third quarter of fiscal 2026, we entered into a pay-fixed, receive-floating interest rate swap agreement, based on one-month Term SOFR, to manage the variability in cash flows associated w…

• Based upon the balances of the variable rate debt at July 31, 2026, after giving effect to the interest rate swap agreement, a hypothetical 1.0% increase or decrease in interest rates could result in approximately $4.4 million of additional pretax charges or credit to our net income per year. This s…

• Our international operations have exposure to foreign currency rate risks, due primarily to fluctuations in the Euro, the British Pound Sterling (“GBP”) and the Mexican Peso (“MXN”) exchange rates, to the U.S. Dollar (“USD”). From time to time, we enter into foreign exchange contracts associated wit…

• customers. Like our other businesses, there is exposure to short-term volatility due to a lag in the timing of implementing price increases.

Text removed vs the prior filing · source: 10-Q · 2026-06-05

• Our debt bears interest at variable rates and accordingly is sensitive to changes in interest rates. Based upon the balances of the variable rate debt at April 30, 2026, a hypothetical 1.0% increase or decrease in interest rates could result in approximately $6.6 million of additional pretax charges…

• Our international operations have exposure to foreign currency rate risks, due primarily to fluctuations in the Euro, the British Pound Sterling (“GBP”) and the Mexican Peso (“MXN”) exchange rates, to the U.S. Dollar (“USD”). From time to time, we enter into foreign exchange contracts associated wit…