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What changed in VMC's 10-Q
Source: 10-Q filed 2026-04-29 · compared against 10-Q 2025-10-30. Every passage below is quoted verbatim from the filing itself.
Legal
This filing
LADWP presented a demand to Vulcan in January 2026 that included actual costs in excess of these publicly-reported estimates.
Tax
This filing
Should we be unsuccessful in defending this tax position related to the 2018 audit, we may incur a one-time cash outflow and tax expense of approximately $35 million, which includes $23 million of interest and penalties.
Tax
This filing
In 2026, we anticipate our average AFSI will exceed the applicable threshold which subjects us to CAMT for the current year and all future years.
Tax
This filing
Certain provisions relevant to us became effective beginning January 1, 2026, but none are material to our effective tax rate.
What it means — the analyst reading
The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel, plus 2 further changes without a quotable passage — is part of the Filing Change Monitor.
See the Filing Change Monitor →Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.