FSS — what changed in the latest 10-Q
A section-by-section comparison of FSS'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 · 2026-10-29 vs the prior 10-Q · 2026-07-30
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +32 | −27 | ~38 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +3 | 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): Market risk (Item 3)
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 · 2026-10-29
Operating income for the three months ended September 30, 2026 increased by $17.4 million, or 19%, compared to the prior-year quarter, primarily driven by a $27.7 million improvement in gross profit and a $0.4 million reduction in acquisition and integration-related expenses, net, partially offset b…
Our consolidated backlog at September 30, 2026 was $967 million, compared to $992 million at September 30, 2025.
Three Months Ended September 30,Nine Months Ended September 30,
Other expense, net, for the three months ended September 30, 2026 increased by $0.3 million compared to the prior-year quarter, primarily due to higher non-operating pension costs and foreign currency transaction losses.
Other expense, net, for the nine months ended September 30, 2026 increased by $0.2 million compared to the prior-year period, primarily due to higher non-operating pension costs and foreign currency transaction losses.
Text removed vs the prior filing · source: 10-Q · 2026-07-30
Operating income for the three months ended June 30, 2026 increased by $20.5 million, or 21%, compared to the prior-year quarter, primarily driven by a $34.2 million improvement in gross profit, partially offset by an $11.4 million increase in Selling, Engineering, General and Administrative (“SEG&A…
Other expense, net, for the three months ended June 30, 2026 was flat as compared to the prior-year quarter.
Other expense, net, for the six months ended June 30, 2026 decreased by $0.1 million compared to the prior-year period.
The Company recognized income tax expense of $47.1 million for the six months ended June 30, 2026, compared to $37.7
million in the six months ended June 30, 2025, with the increase primarily due to the effects of higher pre-tax income levels, partially offset by a $2.2 million increase in excess tax benefits associated with stock-based compensation activity. The Company’s effective tax rate for the six months end…
Other information
Text added vs the prior filing · source: 10-Q · 2026-10-29
The Company’s Section 16 officers and directors (as defined in Rule 16a-1 under the Exchange Act) may from time to time enter into plans for the purchase or sale of Company stock that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. During the quar…
•Mark D. Weber, Senior Vice President and Chief Operating Officer, adopted a new trading plan on August 26, 2026. Mr. Weber’s plan is scheduled to terminate on March 26, 2027, subject to early termination for certain specified events set forth in the plan. The trading plan is intended to permit Mr. …
The Rule 10b5-1 trading arrangement described above was adopted and precleared in accordance with the Company’s Insider Trading Policy and actual sale transactions made pursuant to such trading arrangement will be disclosed publicly in future Section 16 filings with the SEC.
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