Form 8-K
8-K — CSW INDUSTRIALS, INC.
Accession: 0001624794-26-000059
Filed: 2026-10-29
Period: 2026-10-29
CIK: 0001624794
SIC: 2891 (ADHESIVES & SEALANTS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — cswi-20261029.htm (Primary)
EX-99.1 (er_q22027.htm)
GRAPHIC (image_0.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: cswi-20261029.htm · Sequence: 1
cswi-20261029
0001624794FALSE00016247942026-10-292026-10-29
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 29, 2026
CSW INDUSTRIALS, INC.
(Exact name of registrant as specified in charter)
Delaware 001-37454 47-2266942
(State or other jurisdiction
of incorporation) (Commission
File Number) (IRS Employer
Identification No.)
5420 Lyndon B. Johnson Freeway, Suite 500
Dallas, Texas 75240
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (214) 884-3777
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.01 per share CSW New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined by Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On October 29, 2026, CSW Industrials, Inc., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the fiscal second quarter ended September 30, 2026. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained in this Item 2.02, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Exhibit Description
99.1
Press release dated October 29, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 29, 2026
CSW INDUSTRIALS, INC.
By: /s/ Luke E. Alverson
Name: Luke E. Alverson
Title: Senior Vice President, General Counsel & Secretary
EX-99.1
EX-99.1
Filename: er_q22027.htm · Sequence: 2
Document
CSW Industrials Reports Impressive Fiscal 2027 Second Quarter with Record Results; Contractor Solutions Segment Delivers 13% Organic Growth
DALLAS, October 29, 2026 (GLOBE NEWSWIRE) - CSW Industrials, Inc. (NYSE: CSW or the "Company") today reported results for the fiscal 2027 second quarter period ended September 30, 2026.
Fiscal 2027 Second Quarter Highlights (comparisons to fiscal 2026 second quarter)
•Total revenue increased 31% to a record of $361 million, driven by both acquisitions and organic growth
•Contractor Solutions Segment delivered strong organic revenue growth of 13%
•Earnings per diluted share ("EPS") of $2.90 increased 20% compared to $2.41, driven primarily by increased revenue
•Adjusted EPS, which excludes the amortization of acquisition-related intangible assets and nonrecurring expenses, was a record second quarter $3.66 and increased 24% compared to $2.96
•Net income attributable to CSW of $47 million increased 16% compared to $41 million
•Adjusted EBITDA increased 33% to a record second quarter $97 million, capitalizing on increased revenue
•Cash flows from operations were a record $95 million, increasing 54%
•Net debt of $734 million at the end of the quarter, reflecting a debt paydown of $91 million during the quarter and resulting in a net leverage ratio (Net Debt to EBITDA), in accordance with our credit facility, of 2.10x, within our stated target range of 1-3x, and improved from our first fiscal quarter-end
Fiscal 2027 First Half Highlights (comparisons to fiscal 2026 first half)
•Total revenue increased 32% to a record half of $712 million, driven by acquisitions during the last twelve months and organic growth
•Contractor Solutions Segment delivered strong organic revenue growth of 9%
•EPS improved 23% to a record half of $5.94, compared to $4.84
•Adjusted EPS of $7.50, increased 29% when compared to $5.81
•Net income attributable to CSW increased 19% to $97 million, compared to $82 million
•Adjusted EBITDA increased 40% to a record half of $198 million, leveraging revenue growth
•Cash flows from operations were a record $171 million, increasing 40%
•Repaid $105 million of debt since fiscal year-end due to strong operating cash flows
•Returned total cash of $39 million to shareholders through share repurchases of $29 million and dividends of $10 million
Comments from the Chairman, President, and Chief Executive Officer
Joseph B. Armes, CSW Industrials’ Chairman, President, and Chief Executive Officer, commented, "Today we reported all-time-record revenue, adjusted EBITDA, adjusted EPS, and
operating cash flow for the first half of fiscal 2027 underscoring the wisdom of our strategy, the excellence of our execution, and the resilience of our business. Guided by our enduring capital allocation philosophy, we prioritized debt reduction during the quarter, further deleveraging and strengthening our balance sheet. Recent acquisitions have strategically expanded our product portfolio and enhanced our growth trajectory."
Armes continued, "Our optimistic outlook for the remainder of fiscal 2027 is unchanged. We expect to deliver sustained organic revenue growth in excess of the markets we serve. We may have some short-term margin headwinds due to recent cost increases, but we remain confident in our long-term ability to achieve adjusted EBITDA growth in excess of our revenue growth as well as strong cash flow conversion. We remain focused on maximizing long-term shareholder value through prudent financial management, disciplined capital allocation, and rigorous cost management, which together we expect will accelerate our growth in profitability."
Fiscal 2027 Second Quarter Consolidated Results
Fiscal second quarter revenue was $361.4 million, an $84.5 million or 30.5% increase over the prior year period. Total revenue growth included $56.3 million or 20.3% inorganic growth contributed by acquisitions completed over the last twelve months, which are reported within the Contractor Solutions and Specialized Reliability Solutions segments, as well as an increase in organic revenue of $28.2 million or 10.2%, comprised of 12.9% growth in Contractor Solutions and 12.7% growth in Specialized Reliability Solutions, offset by lower revenue in Engineered Building Solutions.
Gross margin contracted 100 bps to 42.0%, or 90 bps to 42.1% as adjusted, compared to 43.0% in the prior year period. The adjusted gross margin decrease was primarily a result of increased ocean and domestic freight expense as well as rising raw materials costs. Gross profit in the fiscal second quarter was $151.9 million, or $152.3 million adjusted, representing 27.5%, or 27.8% adjusted, growth over $119.2 million in the prior year period. Adjustments made to gross profit and gross margin in the quarter included acquisition-related integration expenses.
Operating expenses were $76.4 million, or $75.6 million adjusted. Adjustments in the quarter were primarily comprised of $0.7 million in nonrecurring expenses related to integration of completed acquisitions. Operating expenses in the prior period were $62.4 million, or $60.6 million adjusted. Operating expenses were higher in the current period due to acquired companies' additional expenses, including amortization of intangible assets. Operating expenses as a percentage of revenue were 21.1%, or 20.9% adjusted, lower than the prior year period of 22.5%, or 21.9% adjusted, leveraging increased revenue, as well as restructuring savings and synergy realization.
Operating income in the current period was $75.5 million, or $76.8 million adjusted, compared to $56.8 million, or $58.5 million adjusted in the prior year period. Operating income as a percentage of revenue was 20.9%, or 21.2% adjusted, compared to 20.5%, or 21.1% adjusted in the prior year period. The adjusted operating income margin was comparable to the prior year period.
Interest expense, net of interest income, was $12.5 million, as compared to $1.3 million in the prior year period. Interest expense in the quarter resulted from the Term Loan A and increased borrowings under our revolving line of credit, due to our acquisitions and share repurchases in the last year.
2
In the current period, reported net income attributable to CSW improved 16.4% to $47.3 million, compared to $40.7 million in the prior year period. EPS was $2.90 per diluted share, an increase of 20.3% as compared to $2.41 per diluted share in the prior year period, driven by both contributions from recent acquisitions and organic growth, partially offset by higher interest expense and intangible amortization, as well as lower share count. Excluding the amortization of acquisition-related intangible assets and nonrecurring expenses, adjusted EPS increased 23.6% to a record $3.66 per diluted share, compared to $2.96 per diluted share in the prior year period.
Fiscal 2027 second quarter adjusted EBITDA increased 32.6% to a record $96.7 million, up from $72.9 million in the prior year period. Adjusted EBITDA margin expanded 50 bps to 26.8%, compared to 26.3% in the prior year period, due to the previously mentioned improvement in operating expense leverage, offset somewhat by gross margin contraction.
The Company’s effective tax rate for the fiscal second quarter was 24.1%, or 24.5% adjusted, as compared to 26.4% in the prior year period. The adjusted effective tax rate was favorably impacted by the discount on an energy tax credit purchase.
The quarterly cash flows from operations were $95.4 million, as compared to $61.8 million in the prior year period, an increase of 54.4%. Free cash flows, defined as cash flows from operations minus capital expenditures, was $91.9 million, compared to $58.7 million in the prior year period, an increase of $33.2 million, or 56.5%. The increases were primarily due to strong working capital management and higher earnings.
Including cash on hand, our net debt according to our credit facility covenant calculation was $734 million, resulting in a Net Debt-to-EBITDA leverage ratio of 2.10x. The Company ended the quarter with $766.5 million outstanding on the revolving line of credit and the Term Loan A. The revolving line of credit and Term Loan A will have an interest rate of one-month SOFR plus 175 basis points following the fiscal second quarter covenant calculation submission, per terms of the credit facility. As a reminder, in the third quarter of fiscal 2026, the Company entered into a three-year syndicated interest rate hedge to lock in the SOFR rate at 3.416% for the first $300.0 million borrowing under the Term Loan A.
Following quarter-end, the Company announced a regular quarterly cash dividend in the amount of $0.30 per share, to be paid on November 13, 2026, to shareholders of record on October 30, 2026. This represents the Company's thirty-first consecutive quarterly dividend.
Fiscal 2027 Second Quarter Segment Results
Contractor Solutions segment revenue was $285.8 million, a $77.3 million or 37.1% increase over the prior year period, comprised of inorganic growth of 24.2% or $50.5 million from the MARS Parts acquisition and a 12.9% or $26.8 million increase in organic revenue from both pricing actions and volume growth. Segment operating income was $69.7 million, or $70.5 million adjusted to exclude $0.8 million of nonrecurring expenses related to acquisition integration, compared to $53.4 million, or $54.9 million adjusted, in the prior year period. The increase in operating profit resulted from the inclusion of the MARS Parts acquisition, organic volume growth, and pricing actions, partially offset by raw materials cost inflation and increased ocean and domestic freight expense. Segment operating income margin for the fiscal second quarter was 24.4%, or 24.7% adjusted, as compared to 25.6%, or 26.3% adjusted, primarily due to increased costs of materials and freight expenses. Segment adjusted EBITDA in the fiscal second quarter increased 31.5% to $88.9 million, or 31.1% of revenue, compared to $67.6 million, or 32.4% of revenue, in the prior year period. The decrease in adjusted EBITDA
3
margin is primarily due to the higher ocean and domestic freight expenses and materials costs already mentioned, more than offsetting pricing actions.
Specialized Reliability Solutions segment revenue was a record $49.5 million, a $10.7 million or 27.6% increase over the prior year period. Revenue growth was comprised of organic growth of $4.9 million, or 12.7%, and inorganic growth of $5.8 million, or 14.9%. Revenue increased in all end markets served. Segment operating income was $8.9 million, or $9.3 million adjusted to exclude nonrecurring expenses related to acquisition integration, an increase of 82.3% compared to $5.1 million in the prior year period. Segment operating income margin for the fiscal second quarter was 18.0%, or 18.8% adjusted, as compared to the prior year period of 13.1% due to higher margins on recent acquisitions, pricing actions, and a favorable product mix, offset somewhat by increased freight. Segment adjusted EBITDA in the fiscal second quarter was a record $10.6 million, or 21.5% of revenue, compared to $6.4 million, or 16.5% of revenue in the prior year period, again achieving our long-term margin target of greater than 20% for this segment.
Engineered Building Solutions segment revenue was $28.4 million, an 11.1% decrease compared to $31.9 million in the prior year period, due to the Greco Plan discussed below, partially offset by growth in the continuing businesses. Segment operating income was $3.4 million, or 12.0% of revenue, or $3.5 million and 12.4% of revenue adjusted, as compared to the prior year period of $4.8 million, or 15.1% of revenue. The decrease is primarily the result of our previously announced plan to sell the Greco U.S. business and strategically exit the Greco Canada business ("Greco Plan"). During the fiscal quarter, in connection with the Greco Plan, we recorded additional exit-related expenses of $0.1 million. Adjusted EBITDA and adjusted EBITDA margin in the fiscal second quarter were $3.6 million and 12.8%, respectively, compared to $5.2 million and 16.4%, respectively, in the prior year period.
Excluding the Greco businesses, Engineered Building Solutions segment revenue was $22.7 million, a 2.4% increase compared to $22.1 million in the prior year period. Segment adjusted EBITDA and adjusted EBITDA margin in the fiscal second quarter were $4.4 million and 19.3%, respectively, compared to $4.9 million and 22.1%, respectively, in the prior year period.
All percentages are calculated based upon the attached financial statements. Share counts used in determining the diluted EPS are based on a weighted average of outstanding shares throughout the reporting period.
Fiscal 2027 First Half Consolidated Results
Fiscal first half revenue was a record $712.1 million, representing 31.7% growth from $540.6 million in the prior year period, with growth coming from the Contractor Solutions and Specialized Reliability Solutions reporting segments. Of the $171.5 million total growth, $129.3 million was inorganic from acquisitions in the last twelve months, complemented with a $42.2 million or 7.8% increase in organic revenue.
Gross profit in the fiscal first half was $309.3 million, or $310.3 million adjusted, representing $75.7 million or 32.3% growth from $234.6 million in the prior year period, with the incremental profit resulting predominantly from revenue growth, partially offset by increases in material costs and freight expense. Gross profit as a percentage of sales was 43.4%, or 43.6% adjusted, which was comparable to 43.4% in the prior year period. Adjustments made to gross profit and gross margin in the first half include acquisition-related integration expenses and costs related to the Greco Plan.
4
Operating expenses as a percentage of revenue were 21.6%, or 21.3% adjusted, which was an improvement compared to the prior year period of 22.7% or 22.4% adjusted. Adjustments in the first half were comprised of $1.8 million in nonrecurring expenses related to integration of completed acquisitions, and $0.1 million related to the Greco Plan. Operating expenses in the current year period were $153.9 million or $152.0 million adjusted as compared to $123.0 million or $121.2 million in the prior year period. The additional expenses were related to recent acquisitions including amortization of intangible assets.
In the current period, operating income was $155.4 million or $158.3 million adjusted to exclude the aforementioned adjustments, as compared to $111.7 million, or $113.4 million adjusted, in the prior year period. The incremental operating income resulted primarily from increased revenue. Operating income margin in the current period increased to 21.8% or 22.2% adjusted, compared to the prior year period of 20.7% or 21.0% adjusted due to the improved leverage of operating expenses.
Interest expense, net was $25.2 million, compared to $2.3 million in the prior year period. The increase of $22.9 million was a result of a higher debt balance throughout the first half of the year resulting from the Term Loan A and increased borrowings against the revolver, as well as elevated interest rate.
Other expense, net was $0.2 million, compared to other income, net of $0.5 million in the prior year period. The change of $0.7 million was primarily related to losses/gains arising from transactions in currencies other than functional currencies, as well as a non-cash $0.3 million tax indemnification asset related to the Falcon acquisition that was released and recognized in other expense.
Net income attributable to CSW increased to $97.1 million, compared to the prior year period of $81.6 million primarily as a result of higher revenue. EPS was $5.94, compared to $4.84 in the prior period. Excluding the amortization of acquisition-related intangible assets and the aforementioned nonrecurring expenses, adjusted EPS was $7.50 vs. $5.81, an increase over the prior year period of 29.1%, driven by contributions from recent acquisitions and organic growth, partially offset by higher interest expense and lower share count.
Fiscal 2027 first half adjusted EBITDA increased 40.0% to $198.3 million from $141.7 million in the prior year period. Adjusted EBITDA as a percentage of revenue increased 160 bps to 27.8%, compared to 26.2%, in the prior year period, leveraging our increased revenue.
Net cash provided by operating activities for the fiscal 2027 first half was $171.0 million, an increase of 39.7% compared to $122.5 million in the prior year's first half due to increased profit and strong working capital management. Free cash flows, defined as cash flows from operations minus capital expenditures, was $161.5 million compared to $116.5 million in the prior year period, an increase of $45.1 million, or 38.7%. The Company paid down $105.0 million of debt in the first half, utilizing our strong operating cash flow.
The Company’s effective tax rate for the fiscal first half was 24.9%, or 25.1% adjusted, which remained in line with 25.4% in the prior year.
5
Fiscal 2027 First Half Segment Results
Contractor Solutions segment revenue was $561.8 million, a $156.6 million or 38.6% increase from the prior year period. Revenue growth was comprised of inorganic growth from acquisitions during the last twelve months ($118.2 million, or 29.2%, of growth), and organic growth of $38.4 million or 9.5% due to increased pricing and unit volumes. Organic unit volumes were up in the first half of the current fiscal year due to end market improvement and leveraging our extended product portfolio. Segment operating income in the current year period was $144.7 million, or $146.4 million adjusted to exclude $1.7 million in acquisition-related expenses, compared to $106.1 million, or $107.7 million adjusted in the prior year period. The incremental profit resulted primarily from the inclusion of recent acquisitions, pricing actions, and organic volume growth, partially offset by increased raw materials costs and higher ocean and domestic freight. Segment operating income margin was 25.8%, or 26.1% adjusted, compared to 26.2%, or 26.6% adjusted, in the prior year period, driven primarily by increased raw material costs and higher freight costs. Segment adjusted EBITDA in the current period was $183.3 million, or 32.6% of revenue, compared to $132.6 million, or 32.7% of revenue in the prior year period.
Specialized Reliability Solutions segment revenue grew to $97.7 million, a $22.1 million or 29.2% increase from the prior year period of $75.6 million, with growth in all end markets served. In the current year period, segment operating income was $17.0 million, or $17.8 million adjusted, compared to the prior year period of $10.3 million. Segment operating income margin was 17.4% or 18.2% adjusted, compared to 13.7% in the prior year period. The improvement in segment operating income resulted from the addition of higher margin acquisitions, pricing actions, savings from restructuring actions, and synergy realization. Segment adjusted EBITDA in the current period was $20.7 million, or 21.2% of revenue, compared to $12.9 million, or 17.1% of revenue in the prior year period.
Engineered Building Solutions segment revenue was $57.3 million, a $6.5 million or 10.2% decrease over the prior year period of $63.8 million, driven primarily by the Greco Plan. Segment operating income was $8.0 million, or $8.4 million adjusted. This represents a 5.1% decrease from prior year period operating income of $8.8 million, or 13.8% of revenue. Segment adjusted EBITDA in the current period was $8.7 million, or 15.1% of revenue, compared to $9.7 million, or 15.1% of revenue in the prior year period.
Excluding the Greco businesses, Engineered Building Solutions segment revenue was $46.1 million, a 4.7% increase compared to $44.0 million in the prior year period. Segment adjusted EBITDA and adjusted EBITDA margin in the fiscal first half were $10.5 million and 22.8%, respectively, compared to $8.7 million and 19.8%, respectively, in the prior year period.
All percentages are calculated based upon the attached financial statements. Share count used in determining the diluted EPS is based on a weighted average of outstanding shares throughout the measurement period.
6
Conference Call Information
The Company will host a conference call today at 10:00 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. A live webcast of the call can be accessed at https://ir.csw.com. To access the call, participants may dial 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call.
A telephonic replay will be available shortly after the conclusion of the call and until Thursday, November 12, 2026. Participants may access the replay at 1-844-512-2921; international callers may use 1-412-317-6671 and enter access code 13763154. The call will also be available for replay via webcast link on the Investors portion of the CSW website www.csw.com.
Safe Harbor Statement
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, effective tax rate, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations, and financial performance and condition.
The forward-looking statements included in this press release are based on our current expectations, projections, estimates, and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the risk factors described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
All forward-looking statements included in this press release are based on information currently available to us, and we assume no obligation to update any forward-looking statement except as may be required by law.
Non-GAAP Financial Measures
This press release includes an analysis of adjusted diluted earnings per share attributable to CSW, adjusted net income attributable to CSW, adjusted effective tax rate, adjusted gross profit, adjusted operating expenses, adjusted operating income, free cash flows, adjusted EBS excluding Greco, adjusted CSW excluding Greco and Net Debt to Adjusted EBITDA Ratio per Revolving Credit Facility ("RCF"), which are non-GAAP financial measures of performance. Attributable to CSW is defined to exclude the income attributable to the non-controlling interest in the Whitmore JV.
CSW utilizes adjusted EBITDA (earnings before interest, tax, depreciation and amortization) as an additional consolidated, non-GAAP financial measure, which consists of consolidated net income including income attributable to the non-controlling interest in the Whitmore JV, adjusted
7
to remove the impact of income taxes, interest expense, depreciation, amortization and impairment, and significant nonrecurring items.
For a reconciliation of these measures to the most directly comparable GAAP measures and for a discussion of why we consider these non-GAAP measures useful, see the “Reconciliation of Non-GAAP Measures” section of this release.
About CSW Industrials, Inc.
CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSW provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.csw.com.
Investor Relations
Alexa Huerta
Vice President, Investor Relations and Treasurer
214-489-7113
alexa.huerta@csw.com
8
CSW INDUSTRIALS, INC.
CONSOLIDATED STATEMENTS OF INCOME
(unaudited)
Three Months Ended
September 30, Six Months Ended September 30,
(Amounts in thousands, except per share amounts) 2026 2025 2026 2025
Revenues, net $ 361,435 $ 276,951 $ 712,085 $ 540,597
Cost of revenues (209,511) (157,766) (402,800) (305,970)
Gross profit 151,924 119,185 309,285 234,627
Selling, general and administrative expenses (76,392) (62,405) (153,899) (122,971)
Operating income 75,532 56,780 155,386 111,656
Interest expense, net (12,464) (1,320) (25,194) (2,341)
Other income (loss), net 44 8 (178) 536
Income before income taxes 63,112 55,468 130,014 109,851
Provision for income taxes (15,225) (14,654) (32,347) (27,867)
Net income 47,887 40,814 97,667 81,984
Less: Income attributable to redeemable noncontrolling interest (545) (158) (566) (403)
Net income attributable to CSW $ 47,342 $ 40,656 $ 97,101 $ 81,581
Net income per share attributable to CSW
Basic $ 2.91 $ 2.42 $ 5.95 $ 4.86
Diluted $ 2.90 $ 2.41 $ 5.94 $ 4.84
Weighted average number of shares outstanding:
Basic 16,291 16,785 16,310 16,796
Diluted 16,333 16,842 16,349 16,852
9
CSW INDUSTRIALS, INC.
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except for per share amounts) September 30, 2026 March 31, 2026
(unaudited) (a)
ASSETS
Current assets:
Cash and cash equivalents $ 37,204 $ 33,799
Accounts receivable, net of allowance for expected credit losses of $2,577 and $2,314, respectively 215,113 210,264
Inventories, net 314,781 309,707
Prepaid expenses and other current assets 37,111 26,555
Assets held for sale 11,058 8,742
Total current assets 615,267 589,067
Property, plant and equipment, net of accumulated depreciation of $134,079 and $125,552, respectively 108,090 107,536
Goodwill 640,230 632,631
Intangible assets, net 872,623 900,051
Other assets 92,730 87,399
Total assets $ 2,328,940 $ 2,316,684
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $ 104,489 $ 76,930
Accrued and other current liabilities 122,460 116,055
Current portion of long-term debt 29,458 29,458
Liabilities held for sale 5,041 4,478
Total current liabilities 261,448 226,921
Long-term debt 735,105 839,836
Retirement benefits payable 1,018 1,040
Other long-term liabilities 194,323 179,489
Total liabilities 1,191,894 1,247,286
Commitments and contingencies
Redeemable noncontrolling interest 19,555 18,989
Equity:
Common shares 179 178
Additional paid-in capital 531,827 520,076
Treasury shares, at cost (294,780) (257,704)
Retained earnings 886,214 798,956
Accumulated other comprehensive loss (5,949) (11,097)
Total equity 1,117,491 1,050,409
Total liabilities, redeemable noncontrolling interest and equity $ 2,328,940 $ 2,316,684
(a) Derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended March 31, 2026
10
CSW INDUSTRIALS, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)
Six Months Ended September 30,
(Amounts in thousands) 2026 2025
Cash flows from operating activities:
Net income $ 97,667 $ 81,984
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation 8,955 7,848
Amortization of acquisition-related intangible assets & inventory step-up 30,897 19,889
Amortization of deferred financing fees 616 499
Provision for inventory reserves 4,414 218
Provision for credit losses 468 249
Share-based compensation 7,724 7,628
Net loss on disposals of property, plant and equipment 400 208
Net pension benefit 38 33
Net deferred taxes 1,363 296
Changes in operating assets and liabilities:
Accounts receivable (6,576) 11,685
Inventories (11,046) (10,129)
Prepaid expenses and other current assets (7,856) (5,679)
Other assets 222 176
Accounts payable and other current liabilities 43,700 7,298
Retirement benefits payable and other liabilities 63 264
Net cash provided by operating activities 171,049 122,467
Cash flows from investing activities:
Capital expenditures (9,501) (5,984)
Proceeds from sale of assets 183 54
Cash paid for acquisitions, net of cash received (560) (325,509)
Net cash used in investing activities (9,878) (331,439)
Cash flows from financing activities:
Borrowings on line of credit 88,779 138,394
Repayments of line of credit (178,779) (78,394)
Repayments on Term Loan A (15,000) —
Payments of deferred loan costs — (2,837)
Payments of deferred and contingent considerations (225) (4,875)
Purchase of treasury shares (42,182) (26,073)
Distributions to redeemable noncontrolling interest shareholder — (2,000)
Dividends (9,797) (9,074)
Net cash (used in) provided by financing activities (157,204) 15,141
Effect of exchange rate changes on cash and equivalents (562) (543)
Net change in cash and cash equivalents 3,405 (194,374)
Cash and cash equivalents, beginning of period 33,799 225,845
Cash and cash equivalents, end of period $ 37,204 $ 31,471
11
Reconciliation of Non-GAAP Measures
We use adjusted earnings per share attributable to CSW, adjusted net income attributable to CSW, adjusted gross profit, adjusted operating expenses, adjusted operating income, adjusted effective tax rate, adjusted EBITDA, free cash flows, adjusted EBS excluding Greco, adjusted CSW excluding Greco and Net Debt to Adjusted EBITDA Ratio per Revolving Credit Facility ("RCF"), together with financial measures prepared in accordance with GAAP, such as revenue, cost of revenue, operating expense, operating income, net income attributable to CSW and operating cash flows, to assess our historical and prospective operating performance and to enhance our understanding of our core operating performance. Free cash flows is a non-GAAP financial measure and is defined as cash flows from operations less capital expenditures. We believe these measures are useful for investors to assess the operating performance of our business without the effect of non-recurring items. In the following tables, there could be immaterial differences in amounts presented due to rounding.
12
CSW INDUSTRIALS, INC.
Reconciliation of Net Income Attributable to CSW to Adjusted Net Income Attributable to CSW
(unaudited)
(Amounts in thousands, except per share data) Three Months Ended September 30, Six Months Ended September 30,
2026 2025 2026 2025
Net income attributable to CSW $ 47,342 $ 40,656 $ 97,101 $ 81,581
Adjusting items:
Amortization of acquisition-related intangible assets and inventory step-up 15,301 10,478 30,934 19,890
Amortization tax effect (3,788) (2,588) (7,659) (4,913)
Acquisition-related integration expenses, net of tax effect 871 — 1,906 —
Acquisition-related transaction expenses, net of tax effect — 1,325 — 1,325
Greco Plan related expenses, net of tax effect 64 — 294 —
Adjusted net income attributable to CSW $ 59,790 $ 49,871 $ 122,575 $ 97,883
Net Income Attributable to CSW per diluted common share $ 2.90 $ 2.41 $ 5.94 $ 4.84
Adjusting Items, per dilutive common share:
Amortization of acquisition-related intangible assets and inventory step-up 0.94 0.62 1.89 1.18
Amortization tax effect (0.23) (0.15) (0.47) (0.29)
Acquisition-related integration expenses, net of tax effect 0.05 — 0.12 —
Acquisition-related transaction expenses, net of tax effect — 0.08 — 0.08
Greco Plan related expenses, net of tax effect — — 0.02 —
Adjusted net income attributable to CSW per dilutive common share $ 3.66 $ 2.96 $ 7.50 $ 5.81
13
CSW INDUSTRIALS, INC.
Reconciliation of Effective Tax Rate to Adjusted Effective Tax Rate
(unaudited)
(Amounts in thousands) Three Months Ended September 30, Six Months Ended September 30,
2026 2025 2026 2025
GAAP income before tax $ 63,112 $ 55,468 $ 130,014 $ 109,851
Adjusting items:
Acquisition-related integration expenses 1,154 — 2,542 —
Acquisition-related transaction expenses — 1,759 — 1,759
Greco Plan related expenses 85 — 392 —
Reversal of tax indemnification receivable 300 — 300 —
Adjusted income before tax $ 64,651 $ 57,227 $ 133,249 $ 111,610
GAAP provision for income tax $ 15,225 $ 14,655 $ 32,347 $ 27,866
Adjusting items:
Tax effect of acquisition-related integration expenses 282 — 636 —
Tax effect of acquisition-related transaction expenses — 434 — 434
Tax effect of Greco Plan related expenses 21 — 98 —
Tax effect of reversal of tax indemnification receivable 300 — 300 —
Adjusted provision for income tax $ 15,828 $ 15,089 $ 33,382 $ 28,301
GAAP effective tax rate 24.1% 26.4% 24.9% 25.4%
Adjusted effective tax rate 24.5% 26.4% 25.1% 25.4%
14
CSW INDUSTRIALS, INC.
Reconciliation of Net Income Attributable to CSW to Adjusted EBITDA
(unaudited)
(Amounts in thousands) Three Months Ended September 30, Six Months Ended September 30,
2026 2025 2026 2025
Net Income attributable to CSW $ 47,342 $ 40,656 $ 97,101 $ 81,581
Plus: Income attributable to redeemable noncontrolling interest 545 158 566 403
Net Income $ 47,887 $ 40,814 $ 97,667 $ 81,984
Adjusting Items:
Interest expense, net 12,464 1,320 25,194 2,342
Income tax expense 15,225 14,655 32,347 27,866
Depreciation & amortization 19,594 14,392 39,853 27,730
EBITDA $ 95,169 $ 71,180 $ 195,061 $ 139,922
EBITDA Adjustments:
Acquisition-related integration expenses 1,154 — 2,542 —
Acquisition-related transaction expenses — 1,759 — 1,759
Greco Plan related expenses 85 — 392 —
Reversal of tax indemnification receivable 300 — 300 —
Adjusted EBITDA $ 96,708 $ 72,939 $ 198,295 $ 141,681
Adjusted EBITDA % Revenue 26.8 % 26.3 % 27.8 % 26.2 %
CSW INDUSTRIALS, INC.
Reconciliation of Gross Profit to Adjusted Gross Profit
(unaudited)
(Amounts in thousands) Three Months Ended September 30, Six Months Ended September 30,
2026 2025 2026 2025
Gross Profit $ 151,924 $ 119,185 $ 309,285 $ 234,627
Gross Profit % Revenue 42.0 % 43.0 % 43.4 % 43.4 %
Adjusting Items:
Acquisition-related integration expenses 408 — 761 —
Greco Plan related expenses — — 279 —
Adjusted Gross Profit $ 152,332 $ 119,185 $ 310,325 $ 234,627
Adjusted Gross Profit % Revenue 42.1 % 43.0 % 43.6 % 43.4 %
15
CSW INDUSTRIALS, INC.
Reconciliation of Operating Expenses to Adjusted Operating Expenses
(unaudited)
(Amounts in thousands) Three Months Ended September 30, Six Months Ended September 30,
2026 2025 2026 2025
Operating expenses (a) $ 76,393 $ 62,405 $ 153,899 $ 122,971
Operating expenses % Revenue 21.1 % 22.5 % 21.6 % 22.7 %
Adjusting Items:
Acquisition-related integration expenses (745) — (1,782) —
Acquisition-related transaction expenses — (1,759) — (1,759)
Greco Plan related expenses (85) — (113) —
Adjusted Operating expenses $ 75,562 $ 60,646 $ 152,004 $ 121,212
Adjusted Operating expenses % Revenue 20.9 % 21.9 % 21.3 % 22.4 %
(a) Operating expenses include selling, general, and administrative expense and impairment expense.
16
CSW INDUSTRIALS, INC.
Reconciliation of Segment Operating Income to Segment Adjusted EBITDA
(unaudited)
(Amounts in thousands) Three Months Ended September 30, 2026
Contractor Solutions Specialized Reliability Solutions Engineered Building Solutions Corporate and Other Consolidated
Revenue, net $ 285,790 $ 49,509 $ 28,373 $ (2,237) $ 361,435
Operating Income $ 69,692 $ 8,926 $ 3,419 $ (6,505) $ 75,532
% Revenue 24.4 % 18.0 % 12.0 % 20.9 %
Adjusting Items:
Acquisition-related integration expenses 795 359 — — 1,154
Greco Plan related expenses — — 85 — 85
Adjusted Operating Income $ 70,487 $ 9,284 $ 3,504 $ (6,505) $ 76,770
% Revenue 24.7 % 18.8 % 12.4 % 21.2 %
Adjusting Items:
Other income (expense), net 180 (153) 9 8 44
Depreciation & amortization 17,946 1,508 118 22 19,594
Reversal of tax indemnification receivable 300 — — — 300
Adjusted EBITDA $ 88,912 $ 10,640 $ 3,631 $ (6,474) $ 96,708
% Revenue 31.1 % 21.5 % 12.8 % 26.8 %
17
(Amounts in thousands) Three Months Ended September 30, 2025
Contractor Solutions Specialized Reliability Solutions Engineered Building Solutions Corporate and Other Consolidated
Revenue, net $ 208,468 $ 38,806 $ 31,914 $ (2,236) $ 276,951
Operating Income $ 53,375 $ 5,093 $ 4,832 $ (6,519) $ 56,780
% Revenue 25.6 % 13.1 % 15.1 % 20.5 %
Adjusting Items:
Acquisition-related transaction expenses 1,550 — — 209 1,759
Adjusted Operating Income $ 54,925 $ 5,093 $ 4,832 $ (6,310) $ 58,539
% Revenue 26.3 % 13.1 % 15.1 % 21.1 %
Adjusting Items:
Other income (expense), net 133 (19) (40) (67) 8
Depreciation and amortization 12,555 1,347 440 49 14,392
Adjusted EBITDA $ 67,613 $ 6,421 $ 5,233 $ (6,328) $ 72,939
% Revenue 32.4 % 16.5 % 16.4 % 26.3 %
18
Six Months Ended September 30, 2026
(Amounts in thousands) Contractor Solutions Specialized Reliability Solutions Engineered Building Solutions Corporate and Other Consolidated
Revenue, net $ 561,798 $ 97,703 $ 57,311 $ (4,726) $ 712,085
Operating Income $ 144,708 $ 16,980 $ 7,992 $ (14,294) $ 155,386
% Revenue 25.8 % 17.4 % 13.9 % 21.8 %
Adjusting Items:
Acquisition-related integration expenses 1,706 837 — — 2,542
Greco Plan related expenses — — 392 — 392
Adjusted Operating Income 146,414 17,817 8,384 (14,294) 158,320
% Revenue 26.1 % 18.2 % 14.6 % 22.2 %
Adjusting Items:
Other income (expense), net (10) (152) 44 (59) (177)
Depreciation & amortization 36,558 3,012 236 47 39,853
Reversal of tax indemnification receivable 300 — — — 300
Adjusted EBITDA 183,261 20,676 8,663 (14,305) 198,296
% Revenue 32.6 % 21.2 % 15.1 % 27.8 %
Six Months Ended September 30, 2025
(Amounts in thousands) Contractor Solutions Specialized Reliability Solutions Engineered Building Solutions Corporate and Other Consolidated
Revenue, net $ 405,208 $ 75,611 $ 63,810 $ (4,033) $ 540,597
Operating Income $ 106,134 $ 10,335 $ 8,831 $ (13,643) $ 111,656
% Revenue 26.2 % 13.7 % 13.8 % 20.7 %
Adjusting Items:
Acquisition-related transaction expenses 1,550 — — 209 1,759
Adjusted Operating Income $ 107,684 $ 10,335 $ 8,831 $ (13,434) $ 113,415
% Revenue 26.6 % 13.7 % 13.8 % 21.0 %
Adjusting Items:
Other income (expense), net 831 (94) (32) (168) 536
Depreciation & amortization 24,095 2,684 856 94 27,730
Adjusted EBITDA $ 132,609 $ 12,924 $ 9,655 $ (13,508) $ 141,681
% Revenue 32.7 % 17.1 % 15.1 % 26.2 %
19
CSW INDUSTRIALS, INC.
Reconciliation of Operating Cash Flows to Free Cash Flows
(unaudited)
(Amounts in thousands) Three Months Ended September 30, Six Months Ended September 30,
2026 2025 2026 2025
Net cash provided by operating activities $ 95,429 $ 61,826 $ 171,049 $ 122,467
Less: Capital expenditures $ (3,497) $ (3,080) $ (9,501) $ (5,984)
Free cash flow $ 91,932 $ 58,746 $ 161,548 $ 116,483
Adjusted EBITDA $ 96,708 $ 72,939 $ 198,295 $ 141,681
Free cash flow % Adj. EBITDA 95.1 % 80.5 % 81.5 % 82.2 %
CSW INDUSTRIALS, INC.
Reconciliation of Adjusted CSW to Adjusted CSW excluding Greco
(unaudited)
(Amounts in thousands) Three Months Ended September 30,
2026 2025
CSW Consolidated Greco Consolidated CSW Consolidated excluding Greco CSW Consolidated Greco Consolidated CSW Consolidated excluding Greco
Revenues, net $ 361,435 $ 5,723 $ 355,713 $ 276,951 $ 9,799 $ 267,152
Adjusted EBITDA 96,708 (738) 97,447 72,939 336 72,603
Adjusted EBITDA Margin 26.8 % (12.9) % 27.4 % 26.3 % 3.4 % 27.2 %
Amortization Adjusted EPS $ 3.66 $ (0.03) $ 3.69 $ 2.96 $ 0.01 $ 2.95
(Amounts in thousands) Six Months Ended September 30,
2026 2025
CSW Consolidated Greco Consolidated CSW Consolidated excluding Greco CSW Consolidated Greco Consolidated CSW Consolidated excluding Greco
Revenues, net $ 712,085 $ 11,230 $ 700,854 $ 540,597 $ 19,803 $ 520,793
Adjusted EBITDA 198,295 (1,856) 200,151 141,681 932 140,749
Adjusted EBITDA Margin 27.8 % (16.5) % 28.6 % 26.2 % 4.7 % 27.0 %
Amortization Adjusted EPS $ 7.50 $ (0.09) $ 7.59 $ 5.81 $ 0.03 $ 5.78
20
CSW INDUSTRIALS, INC.
Reconciliation of Adjusted EBS to Adjusted EBS excluding Greco
(unaudited)
(Amounts in thousands) Three Months Ended September 30,
2026 2025
EBS Greco Consolidated EBS, excluding Greco EBS Greco Consolidated EBS, excluding Greco
Revenues, net $ 28,373 $ 5,723 $ 22,651 $ 31,914 $ 9,799 $ 22,115
Adjusted EBITDA 3,631 (738) 4,369 5,233 336 4,897
Adjusted EBITDA Margin 12.8 % (12.9) % 19.3 % 16.4 % 3.4 % 22.1 %
(Amounts in thousands) Six Months Ended September 30,
2026 2025
EBS Greco Consolidated EBS, excluding Greco EBS Greco Consolidated EBS, excluding Greco
Revenues, net $ 57,311 $ 11,230 $ 46,080 $ 63,810 $ 19,803 $ 44,007
Adjusted EBITDA 8,663 (1,856) 10,519 9,655 932 8,723
Adjusted EBITDA Margin 15.1 % (16.5) % 22.8 % 15.1 % 4.7 % 19.8 %
21
CSW INDUSTRIALS, INC.
Net Debt to Adjusted EBITDA Ratio per Revolving Credit Facility ("RCF")
(Unaudited)
(in thousands, except net debt to adjusted EBITDA ratio) Trailing Twelve Months Period Ending September 30, 2026
GAAP debt $ 766,500
Minus: GAAP cash (37,204)
Add: Restricted cash per RCF 4,814
Add: Capital lease liabilities 298
Net debt per RCF $ 734,408
GAAP Net Income 128,529
Interest expense, net 45,097
Income tax expense 37,187
Depreciation & amortization 79,194
Greco impairment expense 15,627
Proforma EBITDA for acquisitions 6,558
Stock compensation expenses 15,010
Acquisition transaction and integration expenses 12,819
Prior year ESOP contribution 5,235
Greco Plan related expenses 2,601
Non-cash tax indemnification expense 1,756
Nonrecurring restructuring expenses 542
Other misc. adjustments per RCF 313
Adjusted EBITDA per RCF $ 350,468
Net debt to adjusted EBITDA ratio per RCF 2.10x
22
GRAPHIC
GRAPHIC
Filename: image_0.jpg · Sequence: 6
Binary file (11343 bytes)
Download image_0.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 8
v3.26.3
Cover
Oct. 29, 2026
Cover [Abstract]
Document Type
8-K
Document Period End Date
Oct. 29, 2026
Entity Registrant Name
CSW INDUSTRIALS, INC.
Entity Incorporation, State or Country Code
DE
Entity File Number
001-37454
Entity Tax Identification Number
47-2266942
Entity Address, Address Line One
5420 Lyndon B. Johnson Freeway, Suite 500
Entity Address, City or Town
Dallas
Entity Address, State or Province
TX
Entity Address, Postal Zip Code
75240
City Area Code
214
Local Phone Number
884-3777
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Stock, par value $0.01 per share
Trading Symbol
CSW
Security Exchange Name
NYSE
Entity Emerging Growth Company
false
Entity Central Index Key
0001624794
Amendment Flag
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration