Applied Industrial Technologies AIT Fluid Power Businesses — Goodwill Purchase Accounting Adjustments
Discontinued — last reported Q3 '17
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Where this comes from
Reported directly by Applied Industrial Technologies in its filing.
Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.
The official record: Applied Industrial Technologies’s 10-Q, filed April 28, 2017, on SEC EDGAR. View the filing →
Questions, answered.
- What does fluid power businesses — goodwill purchase accounting adjustments mean?
- This metric captures adjustments made to the carrying value of goodwill within the Fluid Power segment during the measurement period following an acquisition. These adjustments typically arise from the finalization of purchase price allocations, including the valuation of identifiable intangible assets and deferred tax liabilities. It provides insight into the refinement of acquisition accounting and the final valuation of assets integrated into the fluid power business.