How do you interpret operating segments — goodwill purchase accounting adjustments?

Frequent or large adjustments may indicate complexity in integration or initial valuation inaccuracies, while minimal adjustments suggest stable accounting practices.

Clean Harbors CLH Operating Segments — Goodwill Purchase Accounting Adjustments

Discontinued — last reported Q2 '17

Similar metrics at other companies

AWK

AWKOperating Segments — Goodwill Purchase Accounting Adjustments

$1.25M—

FNFOperating Segments — Goodwill Purchase Accounting Adjustments

$750K+150%

WTWOperating Segments — Goodwill Purchase Accounting Adjustments

$8M—

WTRGOperating Segments — Reclassification Of Goodwill Acquisition Adjustment

$36K-36.8%

VRSKOperating Segments — Goodwill Purchase Accounting Adjustments

$2.9M+2,800%

ALBOperating Segments — Goodwill Purchase Accounting Adjustments

-$4.72M-104%

Other financials

Income statement

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Revenue$1.5B+1.9%

Gross profit$445.4M+8.6%

Operating income$118.9M+6.6%

Net income$63.2M+7.7%

EPS (diluted)$1.19+9.2%

Balance sheet

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Cash & equivalents$548.0M+12.0%

Total debt$3.0B+0.2%

Total equity$2.8B+7.9%

Total assets$7.6B+4.2%

Cash flow

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Operating cash flow$6.3M+292%

CapEx$98.4M-17.1%

Free cash flow-$92.1M+21.3%

Valuation

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Market cap$15.25B+42.9%

Enterprise value$17.75B+34.2%

P/E38.6×+11.3×

P/S2.5×+0.7×

Profitability

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Gross margin31.7%+1.0pp

Operating margin11.2%+0.2pp

Net margin6.5%-0.1pp

FCF margin7.7%+1.9pp

Returns & leverage

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Return on equity14.8%-1.2pp

Debt / equity1.1×-0.1×

Current ratio2.3×0.0×

Where this comes from

Reported directly by Clean Harbors in its filing.

Tagged under the XBRL concept us-gaap:GoodwillPurchaseAccountingAdjustments.

The official record: Clean Harbors’s 10-Q, filed August 2, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — goodwill purchase accounting adjustments mean?: Changes to the recorded value of goodwill resulting from final purchase price accounting adjustments.
How do you interpret operating segments — goodwill purchase accounting adjustments?: Frequent or large adjustments may indicate complexity in integration or initial valuation inaccuracies, while minimal adjustments suggest stable accounting practices.
How does operating segments — goodwill purchase accounting adjustments compare across companies?: Comparable to purchase price allocation adjustments reported by any company undergoing significant M&A activity.