secwatch.observer — SEC 8-K summary
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Issuer:     AAR CORP (AIR)
CIK:        0000001750
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001104659-23-082117
Event type: other
Sentiment:  neutral
Materiality: 0.35
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAR re-segments into four units; recasts FY22-23 financials by new structure
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- Aviation Services split into Parts Supply, Repair & Engineering, Integrated Solutions; Expeditionary Services remains.
- FY2023 recast total sales $2,076.8M vs. FY2022 $1,927.7M under new segments.
- FY2023 segment operating income: Parts Supply $93.7M, Repair & Engineering $35.3M, Integrated Solutions $30.5M, Expeditionary Services $7.7M.
- CODM to evaluate segments based on operating income instead of gross profit; prior periods recast but no change to total net income.
- Change reflects how management allocates resources and assesses performance, effective Q1 FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750/000110465923082117/0001104659-23-082117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750/000110465923082117/tm2320884d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-082117

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