{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-029916","form_type":"8-K","ticker":"VIRC","cik":"0000751365","company_name":"VIRCO MFG CORPORATION","filed_at":"2025-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.154490+00:00","generated_at":"2026-05-19T19:03:41.944128+00:00","sec_items":["2.02","4.01","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Virco Q1 net income $0.7M, down 67% YoY; backlog drops 23% as school demand slows","bullets":["Net income $0.7M vs $2.1M last year; gross margin improved 400 bps to 47.5% on mix shift.","Shipments plus backlog fell 22.9% to $105.6M; underlying demand within normal bond-cycle range.","Board declared Q2 dividend $0.025/share, payable July 11, 2025 to holders of record June 20.","Q1 shareholder returns: $4.0M share repurchases plus $0.4M dividends; over $2.0M factory capex.","Moss Adams merged into Baker Tilly; no audit disagreements or adverse opinions in prior years."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-029916","json":"https://secwatch.observer/filing/0001628280-25-029916.json","markdown":"https://secwatch.observer/filing/0001628280-25-029916.md","text":"https://secwatch.observer/filing/0001628280-25-029916.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751365/000162828025029916/0001628280-25-029916-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751365/000162828025029916/virc-20250603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T19:03:41.944128+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"}