VSE Corporation

Filing receipts

“The increase was further driven by lower borrowings under the Company's debt facilities and a reduction in the average interest rate on borrowings outstanding, which together decreased interest expense.”

“Operating income increased for the three months ended March 31, 2026, compared to the same period of the prior year, primarily driven by revenue growth and a favorable shift in sales mix and pricing.”

“The adjusted preliminary purchase price allocation is as follows (in thousands): Receivables $ 12,244 Contract assets 1,324 Inventories 54,626 Prepaid expenses and other current assets 880 Property and equipment, net 4,404 Intangible asset - customer related 94,000 Goodwill 212,166 Operating lease right-of-use assets 5,163 Other assets 4,159 Total assets acquired 388,966 Accounts payable ( 9,262 ) Accrued expense and other current liabilities ( 4,670 ) Long-term operating lease obligations ( 3,664 ) Deferred tax liabilities ( 20,000 ) Other long-term liabilities ( 4,971 ) Total liabilities assumed ( 42,567 ) Net assets acquired, excluding cash $ 346,399 Goodwill resulting from the acquisiti...”