An increase signals potential overpayment for past acquisitions or a deterioration in the long-term outlook of acquired business units.
The non-cash charge recognized when the carrying amount of goodwill exceeds its implied fair value. This reflects a down...
Common across companies with active M&A strategies; peers often report this periodically during annual impairment testing.
goodwill_impairment| Segment | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Industrial | $68.19M | $68.19M | $17.05M | $17.05M | $17.05M | $17.05M | $53.69M | $53.69M |
| Total | — | — | — | — | — | — | — | — |