CW — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• Sales during the six months ended June 30, 2026 increased $155 million, or 9%, to $1,838 million, compared with the prior year period. On a segment basis, sales from the Aerospace & Industrial, Defense Electronics, and Naval & Power segments increased $56 million, $4 million, and $95 million, respec…

• Operating income in the second quarter increased $22 million, or 14%, to $179 million, and operating margin increased 150 basis points to 19.3% compared with the same period in 2025, due to increases across all segments. In the Aerospace & Industrial segment, increases in operating income and operat…

• higher sales, favorable product mix, as well as the benefits of the Company's restructuring initiatives. Operating income and operating margin in the Defense Electronics segment increased primarily due to favorable product mix and the benefits from our cost containment initiatives. In the Naval & Po…

• Operating income during the six months ended June 30, 2026 increased $53 million, or 18%, to $338 million, and operating margin increased 140 basis points to 18.4%, compared with the same period in 2025, due to increases across all segments. In the Aerospace & Industrial segment, increases in operat…

• Non-segment operating expense in the second quarter decreased $1 million, or 8%, to $10 million, primarily due to lower corporate costs. Non-segment operating expense of $21 million during the six months ended June 30, 2026 was essentially flat against the comparable prior year period.

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• Operating income during the three months ended March 31, 2026 increased $30 million, or 23%, to $160 million, compared with the prior year period, and operating margin increased 150 basis points to 17.5% compared with the same period in 2025. Increases in operating income and operating margin were p…

• Non-segment operating expense of $11 million during the three months ended March 31, 2026 was essentially flat against the comparable prior year period.

• Interest expense of $10 million during the three months ended March 31, 2026 was essentially flat against the comparable prior year period.

• Other income, net during the three months ended March 31, 2026 increased $2 million, or 36%, to $8 million, primarily due to prior period losses on equity securities held for investment purposes that were acquired in conjunction with our I&C Solutions acquisition.

• The effective tax rate for the three months ended March 31, 2026 of 18.7% decreased compared to an effective tax rate of 19.0% in the comparable prior year period, primarily due to increased tax benefits associated with stock-based compensation.

Text added vs the prior filing · source: 10-Q · 2026-08-06

• 5.The aggregate number of shares of common stock to be sold pursuant to Mr. Ogilby's Rule 10b5-1 Trading Arrangement includes: (a) 50% of the net after-tax shares received upon the vesting of 3,773 restricted stock units on December 15, 2026, pursuant to a Restricted Stock Unit Agreement between the…

• material nonpublic information acquired by the officer or the Company after the date of the representation. Actual sale transactions will be disclosed publicly through Form 144 and Form 4 filings with the SEC, as required.

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• John C. WattsExecutive Vice President and Chief Growth OfficerAdoption

• 5.The aggregate number of shares of common stock to be sold pursuant to Mr. Farkas's Rule 10b5-1 Trading Arrangement are up to 100% of the net after-tax shares received upon the vesting of 5,660 restricted stock units on December 15, 2026, pursuant to a Restricted Stock Unit Agreement between the Co…