Avnet AVT Electronic Components — Goodwill Impairment

Similar metrics at other companies

LFUSElectronics — Goodwill, Impaired, Accumulated Impairment Loss

$299.17M—

CMIComponents — Goodwill, Impairment Loss

$0—

LFUSElectronics — Goodwill

$716.34M-27.1%

TERSemiconductor Test — Goodwill Impaired Accumulated Impairment Loss

$260.54M0.0%

LYBTechnology — Goodwill impairments

$0—

LFUSElectronics — Gross goodwill

$1.02B+3.4%

Questions, answered.

What does electronic components — goodwill impairment mean?

This represents the non-cash charge taken when the carrying amount of goodwill in the Electronic Components segment exceeds its implied fair value. It serves as an indicator that the expected economic benefits from past acquisitions have diminished.