Graco GGG Oiland Natural Gas — Goodwill Impairment
Discontinued — last reported Q4 '16
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Where this comes from
Reported directly by Graco in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The official record: Graco’s 10-K, filed February 21, 2017, on SEC EDGAR. View the filing →
Questions, answered.
- What does oiland natural gas — goodwill impairment mean?
- A write-down of the value of acquired assets in the Oil and Natural Gas segment due to a decline in their expected future performance.
- How do you interpret oiland natural gas — goodwill impairment?
- An increase signals a deterioration in the long-term outlook or profitability of the segment's acquired business units.
- How does oiland natural gas — goodwill impairment compare across companies?
- Peers in industrial manufacturing typically report this only during significant market downturns or failed acquisitions.