What does goodwill impairment mean?

Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

Brunswick BC Goodwill impairment

Discontinued — last reported Q3 '19

Goodwill impairment at other companies

LKQLKQ

$13M—

CaterpillarCAT

$0—

Segments

By segment

See full

Engine Parts and Accessories$0—

Propulsion$0—

Other financials

Income statement

See full

Revenue$1.4B+12.8%

Gross profit$343.6M+13.1%

Operating income$50.3M-10.7%

Net income$21.0M+4.0%

EPS (diluted)$0.32+6.7%

Balance sheet

See full

Cash & equivalents$288.5M-5.3%

Total debt$2.9B-2.7%

Total equity$1.6B-14.5%

Total assets$5.5B-6.0%

Cash flow

See full

Operating cash flow-$64.1M-134%

CapEx$57.2M+51.7%

Free cash flow-$121.3M-86.3%

Valuation

See full

Market cap$5.43B+33.5%

Enterprise value$8.07B+18.0%

P/S1×+0.2×

Profitability

See full

Gross margin24.9%-0.3pp

Operating margin8.7%-3.6pp

Net margin5%-2.5pp

FCF margin6.2%—

Returns & leverage

See full

Return on equity13.3%-11.3pp

Debt / equity1.8×+0.2×

Current ratio1.4×-0.2×

Where this comes from

Reported directly by Brunswick in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Brunswick’s 10-Q, filed October 30, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does goodwill impairment mean?: Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.