{"schema_version":"secwatch.filing_event.v1","accession":"0001604028-22-000004","form_type":"8-K","ticker":"WMS","cik":"0001604028","company_name":"ADVANCED DRAINAGE SYSTEMS, INC.","filed_at":"2022-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.322739+00:00","generated_at":"2026-06-27T11:43:05.243835+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Advanced Drainage Q3 revenue up 47% to $715M; dividend raised 22%; new $1B buyback","bullets":["Net sales $715.4M (+47.1% YoY); net income $74.5M (+37.8%); Adj. EBITDA $176.2M (+26.9%).","Domestic pipe sales rose 57.4% to $400M; Infiltrator sales up 51.1% to $148.7M.","Quarterly dividend increased 22% to $0.11/share, payable March 15 to holders of record March 1.","Board authorized new $1B stock repurchase program; $292M in buybacks executed YTD.","Management increased sales targets and reaffirmed Adj. EBITDA guidance for FY2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001604028-22-000004","json":"https://secwatch.observer/filing/0001604028-22-000004.json","markdown":"https://secwatch.observer/filing/0001604028-22-000004.md","text":"https://secwatch.observer/filing/0001604028-22-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1604028/000160402822000004/0001604028-22-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1604028/000160402822000004/wms-20220203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T11:43:05.243835+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}