$GRC

GORMAN RUPP CO

CIK:0000042682|SEC Filings

Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2026

NOTE 7 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of Accumulated other comprehensive income (loss) as reported in the Consolidated Balance Sheets are:


	Currency Translation Adjustments			Deferred Gain (Loss) on Cash Flow Hedging			Pension and OPEB Adjustments			Accumulated Other Comprehensive (Loss) Income
Balance at December 31, 2025	$	(6,948	)	$	(970	)	$	(12,458	)	$	(20,376	)
Reclassification adjustments		—			260			226			486
Current period benefit (charge)		(1,633	)		870			230			(533	)
Income tax benefit (charge)		—			(272	)		(111	)		(383	)
Balance at June 30, 2026	$	(8,581	)	$	(112	)	$	(12,113	)	$	(20,806	)


	Currency Translation Adjustments			Deferred Gain (Loss) on Cash Flow Hedging			Pension and OPEB Adjustments			Accumulated Other Comprehensive (Loss) Income
Balance at December 31, 2024	$	(12,712	)	$	(103	)	$	(12,628	)	$	(25,443	)
Reclassification adjustments		—			(204	)		277			73
Current period benefit (charge)		5,333			(1,008	)		294			4,619
Income tax benefit (charge)		—			288			(129	)		159
Balance at June 30, 2025	$	(7,379	)	$	(1,027	)	$	(12,186	)	$	(20,592	)

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 43,595	$ 35,083
Accounts receivable, net	107,775	88,378
Inventories, net	87,130	96,457
Prepaid and other	9,637	13,776
Total current assets	248,137	233,694
Property, plant and equipment, net	133,293	134,131
Other assets	21,202	22,192
Other intangible assets, net	205,907	212,066
Goodwill	257,912	257,972
Total assets	866,451	860,055
Current liabilities:
Accounts payable	29,927	25,885
Payroll and employee related liabilities	29,334	22,612
Commissions payable	6,538	7,048
Deferred revenue and customer deposits	10,161	7,658
Current portion of long-term debt	0	23,125
Accrued expenses	12,446	12,284
Total current liabilities	88,406	98,612
Pension benefits	4,529	5,149
Postretirement benefits	25,403	24,803
Long-term debt, net of current portion	274,998	284,406
Other long-term liabilities	31,681	32,362
Total liabilities	425,017	445,332
Equity:
Common shares, without par value: Authorized - 35,000,000 shares; Outstanding - 26,410,243 shares at June 30, 2026 and 26,312,842 shares at December 31, 2025 (after deducting treasury shares of 638,553 and 735,954, respectively), at stated capital amounts	5,165	5,144
Additional paid-in capital	10,964	11,456
Retained earnings	446,111	418,499
Accumulated other comprehensive income (loss)	(20,806)	(20,376)
Total equity	441,434	414,723
Total liabilities and equity	$ 866,451	$ 860,055