Company: WCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000929008-25-000023
Chunk: 15

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 15
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.8 29.2 (27.7)1.5 Trademarks5 and 1215.5 (12.9)2.6 15.5 (11.7)3.8 Software716.0 (2.3)13.7 16.0 (1.1)14.9 $2,388.7 $(573.6)$1,815.1 $2,352.8 $(516.9)$1,835.9 (1)    Excludes the original cost and related accumulated amortization of fully-amortized intangible assets.Amortization expense related to intangible assets totaled $22.3 million and $21.9 million for the three months ended June 30, 2025 and 2024, respectively, and $44.5 million and $43.8 million for the six months ended June 30, 2025 and 2024, respectively.

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Table of Contents   WESCO INTERNATIONAL, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS—(CONTINUED)(unaudited)

The following table sets forth the remaining estimated amortization expense for intangible assets for the next five years and thereafter:For the year ending December 31,(In millions)Remaining 2025$45.6 202686.1 202783.2 202881.5 202980.4 Thereafter646.4 Total$1,023.2 

6. STOCK-BASED COMPENSATION

Wesco’s stock-based compensation awards consist of stock options, stock-settled stock appreciation rights, restricted stock units and performance-based awards. Compensation cost for all stock-based awards is measured at fair value on the date of grant and compensation cost is recognized, net of estimated forfeitures, over the service period for awards expected to vest. The fair value of stock options and stock-settled stock appreciation rights is determined using the Black-Scholes model. The fair value of restricted stock units is determined by the grant-date closing price of Wesco’s common stock. The fair value of performance-based awards with performance conditions is determined by a Monte Carlo simulation as well as the grant-date closing price of Wesco’s common stock. The forfeiture assumption is based on Wesco’s historical participant behavior that is reviewed on at least an annual basis. For stock options and stock-settled stock