---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-006959"
form_type: "8-K"
ticker: "SGC"
cik: "0000095574"
company_name: "SUPERIOR GROUP OF COMPANIES, INC."
filed_at: "2022-03-23T23:59:59+00:00"
generated_at: "2026-06-26T20:26:35.262335+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Superior Group restates Q2/Q3 2021 financials due to $1.8M deferred tax error

## Summary
- Failed to reverse deferred tax liabilities from pension plan termination; $6.9M charge booked in Q2 2021.
- Additional tax benefit of ~$1.8M; balance sheet impact: deferred tax assets +$0.4M, deferred tax liabilities -$1.4M.
- All adjustments are non-cash; Company will file amendments to Form 10-Qs for Q2 and Q3 2021.
- Material weakness in internal control over financial reporting for income taxes identified as of June/Sept 2021.
- Audit Committee discussed with independent auditor Mayer Hoffman McCann P.C.

## SEC filing metadata
- accession: 0001437749-22-006959
- form_type: 8-K
- ticker: SGC
- cik: 0000095574
- company_name: SUPERIOR GROUP OF COMPANIES, INC.
- filed_at: 2022-03-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95574/000143774922006959/0001437749-22-006959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95574/000143774922006959/sgc20220322_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-006959
- JSON: https://secwatch.observer/filing/0001437749-22-006959.json
- Plain text: https://secwatch.observer/filing/0001437749-22-006959.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.