{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-035087","form_type":"8-K","ticker":"AIR","cik":"0000001750","company_name":"AAR CORP","filed_at":"2023-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.409498+00:00","generated_at":"2026-06-17T22:22:49.969675+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AAR reports Q3 FY23 sales $521M (+15%), adj EPS $0.75 (+19%); acquires Trax","bullets":["Q3 sales $521.1M, up 15% YoY; GAAP diluted EPS $0.62 vs $0.63 prior year.","Adjusted diluted EPS from continuing ops $0.75, up 19% from $0.63 in Q3 FY22.","Acquired Trax, a provider of aircraft MRO and fleet management software; pro forma net leverage 1.35x.","Commercial sales up 28% YoY; government sales down 3%; commercial mix 65% of sales.","Cash from ops $17.4M; net debt $135.3M; net leverage 0.75x; no shares repurchased."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-035087","json":"https://secwatch.observer/filing/0001104659-23-035087.json","markdown":"https://secwatch.observer/filing/0001104659-23-035087.md","text":"https://secwatch.observer/filing/0001104659-23-035087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750/000110465923035087/0001104659-23-035087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750/000110465923035087/tm239560d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:22:49.969675+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3e34d31df588ac7789fbffbbe68e4a3e4f4f868e","claim":"AAR CORP reported third quarter ended February 28, 2023 results: revenue $521.1 million, net income $21.8 million, EPS $0.62 per diluted share.","evidence_excerpt":"AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported third quarter fiscal year 2023 consolidated sales of $521.1 million and income from continuing operations of $21.8 million, or $0.62 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750/000110465923035087/0001104659-23-035087-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended February 28, 2023"},{"label":"Revenue","value":"$521.1 million"},{"label":"Net income","value":"$21.8 million"},{"label":"EPS","value":"$0.62 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}