How do you interpret material reconciling items — intangible amortization?

An increase reflects higher non-cash charges related to corporate-level intangible assets, which reduces consolidated net income.

How does material reconciling items — intangible amortization compare across companies?

Standard reconciliation item in segment reporting for companies with centralized intangible asset portfolios.

AGCO AGCO Material Reconciling Items — Intangible Amortization

Discontinued — last reported Q1 '18

Similar metrics at other companies

TYLMaterial Reconciling Items — Amortization Of Intangible Assets

$3.32M-0.3%

GPCMaterial Reconciling Items — Amortization Of Intangible Assets

$21.4M+98.1%

VIAVMaterial Reconciling Items — Amortization Of Intangible Assets

$10.7M+50.7%

CCKMaterial Reconciling Items — Amortization Of Intangible Assets

$11M+10.0%

VSATMaterial Reconciling Items — Amortization Of Acquired Intangible Asset

$2.47M-23.2%

BPOPMaterial Reconciling Items — Amortization Of Intangible Assets

——

Other financials

Income statement

See full

Revenue$2.3B+14.3%

Gross profit$581.4M+11.7%

Operating income$80.7M+63.4%

Net income$55.0M+424%

EPS (diluted)$0.76+443%

Balance sheet

See full

Cash & equivalents$514.9M-8.5%

Total debt$2.7B-12.3%

Total equity$4.3B+12.8%

Total assets$12.0B+4.9%

Cash flow

See full

Operating cash flow-$410.4M-93.4%

CapEx$44.6M-7.5%

Free cash flow-$455.0M-74.7%

Valuation

See full

Market cap$8.23B+21.5%

Enterprise value$10.46B+12.1%

P/E10.7×—

P/S0.8×+0.2×

Profitability

See full

Gross margin25.3%+0.8pp

Operating margin6%+4.5pp

Net margin7.4%+5.2pp

FCF margin5.3%+0.6pp

Returns & leverage

See full

Return on equity19%+13.4pp

Debt / equity0.6×-0.2×

Current ratio1.3×-0.2×

Where this comes from

Reported directly by AGCO in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The official record: AGCO’s 10-Q, filed May 9, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — intangible amortization mean?: The amortization expense of intangible assets that is not assigned to any specific business segment.
How do you interpret material reconciling items — intangible amortization?: An increase reflects higher non-cash charges related to corporate-level intangible assets, which reduces consolidated net income.
How does material reconciling items — intangible amortization compare across companies?: Standard reconciliation item in segment reporting for companies with centralized intangible asset portfolios.