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Atkore ATKR Safety & Infrastructure — Impairment
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Where this comes from
Reported directly by Atkore in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The source filing: Atkore’s 10-Q, filed August 8, 2023.
- Filed
- Aug 8, 2023
- Fiscal quarter
- Q3 FY2023
- Calendar quarter
- Q2 2023
- Accession
- 0001666138-23-000085
| (in thousands) | Electrical | Safety & Infrastructure | Total |
|---|---|---|---|
| Balance as of September 30, 2022 | $236,708 | $52,622 | $289,330 |
| Goodwill acquired during year | 18,604 | 14 | 18,618 |
| Impairment | (1,721) | — | (1,721) |
| Other purchase accounting adjustments | 1,989 | — | 1,989 |
| Exchange rate effects | 4,311 | 214 | 4,525 |
| Balance as of June 30, 2023 | $259,891 | $52,850 | $312,741 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Atkore's safety & infrastructure — impairment?
- Atkore (ATKR) reported safety & infrastructure — impairment of $0 in Q2 2023.
- What does safety & infrastructure — impairment mean?
- Represents the total write-down of asset values within the Safety and Infrastructure segment, including both goodwill and tangible or intangible assets. This metric serves as an indicator of potential operational challenges or shifts in market demand affecting the segment's long-term value.
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