Graco GGG Process — Goodwill Translation Adjustments
Discontinued — last reported Q2 '16
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Where this comes from
Reported directly by Graco in its filing.
Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.
The official record: Graco’s 10-Q, filed July 20, 2016, on SEC EDGAR. View the filing →
Questions, answered.
- What does process — goodwill translation adjustments mean?
- The change in the reported value of goodwill for a business segment caused solely by changes in foreign currency exchange rates.
- How do you interpret process — goodwill translation adjustments?
- An increase indicates a strengthening of the foreign currency relative to the reporting currency, while a decrease suggests a weakening. Frequent or large adjustments may indicate significant exposure to currency risk in international markets where the segment operates.
- How does process — goodwill translation adjustments compare across companies?
- Similar to foreign currency translation adjustments reported by multinational peers, this metric is standard for companies with significant international operations and cross-border acquisitions.