CW — what changed in the latest 10-Q

Text added 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 removed vs the prior filing · source: 10-Q · 2025-11-06

• Sales during the nine months ended September 30, 2025 increased $255 million, or 11%, to $2,551 million, compared with the prior year period. On a segment basis, sales from the Aerospace & Industrial, Defense Electronics, and Naval & Power segments increased $33 million, $68 million, and $154 millio…

• Operating income in the third quarter increased $21 million, or 15%, to $166 million, and operating margin increased 100 basis points to 19.1% compared with the same period in 2024, due to increases across all segments. In the Aerospace & Industrial segment, increases in operating income and operati…

• margin in the Defense Electronics segment increased primarily due to favorable absorption on higher sales as well as the

• benefits from our operational excellence initiatives. In the Naval & Power segment, operating income increased primarily due to favorable overhead absorption on higher sales as well as the benefits from our operational excellence initiatives, while operating margin was negatively impacted primarily …

• Operating income during the nine months ended September 30, 2025 increased $78 million, or 21%, to $452 million, and operating margin increased 140 basis points to 17.7%, compared with the same period in 2024, due to increases across all segments. In the Aerospace & Industrial segment, increases in …

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

• Gary A. OgilbySenior Vice President and Corporate ControllerAdoption

• John C. WattsExecutive Vice President and Chief Growth OfficerAdoption

• 4.Transactions under each Rule 10b5-1 Trading Arrangement commence no earlier after the later of (a) 91 days after adoption of the Rule 10b5-1 Trading Arrangement, and (2) the third business day following the public disclosure of the Company’s financial results on Form 10-Q for the period ended Marc…

• 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…

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• Lynn M. BamfordChair and Chief Executive OfficerAdoptionRule 10b5-1 Trading ArrangementAugust 12, 2025November 10, 2025February 11, 2026

• K. Christopher FarkasVice President and Chief Financial OfficerAdoptionRule 10b5-1 Trading ArrangementAugust 11, 2025November 10, 2025February 11, 2026

• Gary A. OgilbyVice President and Corporate ControllerAdoptionRule 10b5-1 Trading ArrangementSeptember 11, 2025December 11, 2025March 20, 2026(4)

• John C. WattsVice President of Strategy and Corporate DevelopmentAdoptionRule 10b5-1 Trading ArrangementAugust 26, 2025November 25, 2025November 25, 2026

• 4.The aggregate number of shares of common stock to be sold pursuant to Mr. Ogilby's Rule 10b5-1 Trading Arrangement include: (a) 100% of the net after-tax shares received upon the vesting of 400 time-based restricted stock units on March 16, 2026; and (b) 100% of the net after-tax shares of common …