Company: WKC
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000789460-25-000019
Chunk: 113

Company: WORLD KINECT CORP
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 113
---
18,495.8 Segment expenses:Cost of revenue(9,125.7)(5,143.9)(3,763.4)(18,033.0)Compensation and related costs(56.2)(74.7)(16.4)(147.3)Incentive compensation(10.4)(3.5)(3.3)(17.2)Corporate allocations (1)(18.8)(7.7)(10.3)(36.9)Depreciation and amortization(8.5)(17.8)(0.6)(26.9)Provision for credit losses(2.3)(1.9)— (4.2)Goodwill and other asset impairments— (411.5)(31.6)(443.1)Restructuring charges(4.8)(8.4)(0.8)(14.0)Other segment expenses (2)(24.9)(33.1)(10.5)(68.5)Operating income - segment profit (loss)127.8 (412.2)(10.8)(295.1)Unallocated corporate expenses (3)(56.5)Interest expense and other financing costs, net(48.5)Other income (expense), net(76.6)Income (loss) before income taxes$(476.8)

21

For the Three Months Ended June 30, 2024AviationLandMarineTotalRevenue$5,368.7 $3,292.4 $2,304.1 $10,965.2 Segment expenses:Cost of revenue(5,241.0)(3,211.6)(2,267.4)(10,720.0)Compensation and related costs(29.1)(44.6)(8.6)(82.4)Incentive compensation(6.2)(2.8)(3.0)(12.0)Corporate allocations (1)(9.2)(4.1)(5.5)(18.8)Depreciation and amortization(3.9)(9.2)(0.3)(13.3)Provision for credit losses1.6 (2.5)— (1.0)Goodwill and other asset impairments— (2.4)— (2.4)Restructuring charges(0.1)(0.9)(3.3)(4.3)Other segment expenses