Exit the wood treatment business
Delivered after the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 4 Feb 2021
- Due
- 31 Dec 2021
- Delivered
- Q1 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“strategic decision to exit the wood treatment business by approximately the end of calendar year 2021”
What we found
Evidence strength A What the grades mean
The company failed to exit the wood treatment business by the end of 2021, with filings indicating the exit process continued into the first quarter of fiscal 2022.
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A CMC Materials, Inc. 8-K filed 2022-02-03
“The company’s outlook includes its exit of the wood treatment business by the end of the second fiscal quarter of 2022” ✓ confirmed on the page
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A CMC Materials, Inc. 10-Q filed 2022-05-05
“During the first quarter of fiscal 2022, the Company recorded a non-cash, pre-tax goodwill impairment charge of $9,435, resulting in no remaining carrying value of goodwill or long-lived assets for the wood treatment business.” ✓ confirmed on the page
Checked 25 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Project other
- Indicative materiality
- Low rules
- Action
- Exit
- Deliverable
- wood treatment business
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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