Discontinued — last reported Q1 '16

Business Segments · Goodwill Impairment

Material Reconciling Items — Goodwill Impairment

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ1 2016

How to read this metric

An increase indicates that the company has overpaid for past acquisitions or that the acquired business's performance has deteriorated, signaling potential management misjudgment or market headwinds. A decrease or absence of this charge suggests that acquired assets are performing in line with or exceeding original expectations.

Detailed definition

This metric represents the non-cash charge recorded when the carrying value of an acquired business segment exceeds its...

Peer comparison

Peers in the software and technology sector often report similar impairment charges following periods of aggressive M&A activity, with investors typically comparing the frequency and magnitude of these charges against the company's total acquisition spend.

Metric ID: intu_segment_material_reconciling_items_goodwill_impairment_loss

Frequently Asked Questions

What does material reconciling items — goodwill impairment mean?
A non-cash accounting charge taken when the value of a previously acquired business segment is determined to be lower than its recorded book value.