Company: MWA
Filing Date: 2025-11-19
Form Type: 10-K
Source: 0001350593-25-000066
Chunk: 210

Company: Mueller Water Products, Inc.
Filing Date: 2025-11-19
Form: 10-K
Item: Item 8
Chunk 210
---
 Canada44.0 42.2 36.2 Other international locations11.6 10.2 12.3 $824.9 $755.5 $634.4 Water Management Solutions disaggregated net revenue:Central$161.4 $149.4 $169.2 Northeast122.7 120.3 151.2 Southeast136.0 132.4 137.4 West124.4 103.6 119.0     United States544.5 505.7 576.8 Canada33.6 33.3 38.3    Other international locations26.7 20.2 26.2 $604.8 $559.2 $641.3 The Company has two significant customers that comprise greater than 10% of gross sales.  One customer comprised 20%  of gross sales for each of the fiscal years ended September 30, 2025 and 2024, and 18% of gross sales for fiscal year ended September 30, 2023.  The Company had outstanding Accounts receivable from this customer of $56.5 million and $59.1 million as of September 30, 2025 and 2024, respectively.  Another customer comprised 17% of gross sales for the fiscal year ended September 30, 2025, and 18% of gross sales for each of the fiscal years ended September 30, 2024, and 2023, respectively.  The Company had outstanding Accounts receivable from this customer of $42.4 million and $36.9 million as of September 30, 2025 and 2024, respectively.  The Company reports revenue for these customers in both reportable segments, Water Flow Solutions and Water Management Solutions.

Note 15.    Commitments and Contingencies 

We use letters of credit and surety bonds in the ordinary course of business to ensure the performance of contractual obligations.  As of September 30, 2025, we had $11.1 million of letters of credit and $13.5 million of surety bonds outstanding.We are involved in various legal proceedings that have arisen in the normal course of operations, including the proceedings summarized below.  We provide for costs relating to these matters when a loss is probable and the amount is reasonably estimable.  Legal and administrative costs related to these matters are expensed