What does scientific instruments — goodwill impairment mean?

A non-cash charge taken when the value of acquired businesses in the scientific instruments segment is deemed lower than the amount recorded on the balance sheet.

How do you interpret scientific instruments — goodwill impairment?

An increase signals that previous acquisitions are underperforming or that market conditions for the segment have deteriorated significantly.

How does scientific instruments — goodwill impairment compare across companies?

Standardized across public companies under GAAP/IFRS as 'Goodwill Impairment' within segment-level disclosures or notes to the financial statements.

Bruker BRKR Scientific Instruments — Goodwill Impairment

Discontinued — last reported Q4 '15

Similar metrics at other companies

IRPrecision and Science Technologies — Impairment of goodwill

$57.43M—

IRPrecision and Science Technologies — Accumulated impairment loss on goodwill

$229.7M—

GTLSBiomedical — Goodwill And Intangible Asset Impairment

$35.58M—

LHBiopharma Laboratory Services — Goodwill, Impairment Loss

$0-100%

GTLSBiomedical — Goodwill Impairment

$32.81M—

IRIndustrial Technologies and Services — Impairment of goodwill

$0—

Other financials

Income statement

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Revenue$823.4M+2.7%

Gross profit$379.8M-2.9%

Operating income$10.2M-67.9%

Net income$14.4M-17.2%

EPS (diluted)$0.02-81.8%

Balance sheet

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Cash & equivalents$137.6M-26.7%

Total debt$1.7B-20.9%

Total equity$2.5B+34.6%

Total assets$6.1B+3.3%

Cash flow

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Operating cash flow$71.2M+9.5%

CapEx$24.2M-6.9%

Free cash flow$47.0M+20.5%

Valuation

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Market cap$8.71B-13.2%

Enterprise value$10.25B-14.9%

P/S2.5×-0.4×

Profitability

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Gross margin45.3%-3.7pp

Operating margin1.3%-5.0pp

Net margin-0.6%-10.0pp

FCF margin1.5%-3.6pp

Returns & leverage

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Return on equity-1%-21.2pp

Debt / equity0.7×-0.5×

Current ratio1.6×0.0×

Where this comes from

Reported directly by Bruker in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Bruker’s 10-K, filed February 29, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does scientific instruments — goodwill impairment mean?: A non-cash charge taken when the value of acquired businesses in the scientific instruments segment is deemed lower than the amount recorded on the balance sheet.
How do you interpret scientific instruments — goodwill impairment?: An increase signals that previous acquisitions are underperforming or that market conditions for the segment have deteriorated significantly.
How does scientific instruments — goodwill impairment compare across companies?: Standardized across public companies under GAAP/IFRS as 'Goodwill Impairment' within segment-level disclosures or notes to the financial statements.