Titan Machinery Inc. (TITN)
CIK 1409171 · EDGAR correspondence
| Date | Company | Type | Outcome | Issues |
|---|---|---|---|---|
| 2026-02-20 | Titan Machinery Inc. (TITN) | SEC staff letter | Review completed (no further comments) | |
| 2026-02-17 | Titan Machinery Inc. (TITN) | Company response | Agreed to revise | MD&A: Results & Known TrendsGoodwill & Asset ImpairmentFair Value & Investments |
| 2026-01-27 | Titan Machinery Inc. (TITN) | SEC staff letter | 1 staff comment(s) issued | MD&A: Results & Known TrendsGoodwill & Asset ImpairmentFair Value & Investments |
Comments & responses
2026-01-27 · Form 10-K for Fiscal Year Ended January 31, 2025 · Comment 1 · Goodwill, page 39 Agreed to revise
Staff comment: Please provide information for investors to assess the probability of future goodwill impairment charges. For example, please disclose whether your reporting units are at risk of failing the quantitative impairment test or that the fair value is substantially in excess of carrying value and is not at risk of failing. If a reporting unit is at risk of failing, you should disclose: • the percentage by which fair value exceeded carrying value at the date of the most recent test; • a more detailed description of the methods and key assumptions used and how the key assumptions were determined; • a discussion of the degree of uncertainty associated with the assumptions; and • a description of… letter →
Company response: We acknowledge the Staff’s comment. In response thereto, we advise the Staff that in our presentation in future filings, commencing with the next 10-K filing, we will disclose if the fair value of a reporting unit substantially exceeds carrying value and is not at risk of failing, or if the fair value of a reporting unit does not substantially exceed the carrying value of the reporting unit, we will include the following disclosures: • the percentage by which fair value exceeded carrying value at the date of the most recent test; • a more detailed description of the methods and key assumptions used and how the key assumptions were determined; • a discussion of the degree of uncertainty… response letter →
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