What does united states — goodwill translation adjustments mean?

This metric captures the impact of foreign currency exchange rate fluctuations on the value of goodwill previously recorded for the United States segment. While goodwill is typically denominated in the functional currency, adjustments may occur if the reporting unit's assets are revalued or if there are changes in the consolidation structure. It represents a non-operational accounting adjustment rather than a change in business performance.

GameStop GME United States — Goodwill Translation Adjustments

Discontinued — last reported Q4 '16

Similar metrics at other companies

PPCU.S. — Goodwill, Foreign Currency Translation, Gain (Loss)

$0—

MSGoodwill Adjustments

$5M+187%

EWUnited States — Goodwill (Note 11)

$1.12B-1.3%

MSGoodwill, Foreign Currency Translation and Measurement Period Adjustments

$5M+187%

JLLInvestment Management — Goodwill, Translation Adjustments

-$300K-160%

CATGoodwill Adjustments

$20M+219%

Other financials

Income statement

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Revenue$835.3M+14.0%

Gross profit$340.3M+34.6%

Operating income$143.3M+1,427%

Net income$389.6M+770%

EPS (diluted)$0.66+633%

Balance sheet

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Cash & equivalents$7.4B+15.4%

Total debt$4.3B+146%

Total equity$5.8B+17.1%

Total assets$11.0B+46.3%

Cash flow

See full

Operating cash flow$337.4M+75.3%

CapEx$4.5M+55.2%

Free cash flow$332.9M+75.6%

Valuation

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Market cap$9.66B-39.3%

Enterprise value$6.58B-41.5%

P/E12.7×-63.7×

P/S2.6×-1.7×

Profitability

See full

Gross margin34.4%+3.8pp

Operating margin10.3%—

Net margin20.4%+14.8pp

FCF margin19.8%—

Returns & leverage

See full

Return on equity14.1%+7.5pp

Debt / equity0.7×+0.4×

Current ratio12.4×+4.0×

Where this comes from

Reported directly by GameStop in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: GameStop’s 10-K, filed March 27, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does united states — goodwill translation adjustments mean?: This metric captures the impact of foreign currency exchange rate fluctuations on the value of goodwill previously recorded for the United States segment. While goodwill is typically denominated in the functional currency, adjustments may occur if the reporting unit's assets are revalued or if there are changes in the consolidation structure. It represents a non-operational accounting adjustment rather than a change in business performance.