Commitments and Contingencies |
8 Months Ended |
|---|---|
May 09, 2026 | |
| Commitments and Contingencies. | |
| Commitments and Contingencies | Note N – Commitments and Contingencies On February 20, 2026, the U.S. Supreme Court invalidated tariffs imposed under the International Emergency Economic Powers Act (‘IEEPA’). The President immediately introduced new tariffs under different statutory authority, though their scope and duration, and the likelihood and outcome of further legal challenges to these tariffs, remain uncertain. On April 20, 2026, the Company filed for refunds of IEEPA tariffs paid directly by the Company via the U.S. Customs and Border Protection’s consolidated administration and processing of entries tool in the automated commercial environment portal. Due to the uncertainty around the timing and amount of refunds to be received, the Company has not recognized any potential IEEPA tariff refunds within its Condensed Consolidated Financial Statements as of May 9, 2026. The Company continues to monitor the potential impacts on its financial condition and results of operations. |