IES Holdings, Inc. IESC Corporate Segment — Goodwill impairment expense
Discontinued — last reported Q4 '20
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Where this comes from
Reported directly by IES Holdings, Inc. in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The official record: IES Holdings, Inc.’s 10-K, filed December 3, 2021, on SEC EDGAR. View the filing →
Questions, answered.
- What does corporate segment — goodwill impairment expense mean?
- The amount of value written off from the corporate segment's balance sheet due to a decline in the estimated worth of acquired businesses.
- How do you interpret corporate segment — goodwill impairment expense?
- An increase indicates that the company has determined that the assets or businesses held at the corporate level are worth less than their recorded book value, often signaling poor past acquisition performance or deteriorating market conditions. A decrease or absence of this expense suggests that the carrying value of corporate assets remains supported by current projections.
- How does corporate segment — goodwill impairment expense compare across companies?
- Most public companies report goodwill impairment as a non-operating or corporate-level charge; peers in construction and infrastructure services typically experience this during periods of industry consolidation or economic downturns.