How do you interpret healthand infrastructure — goodwill adjustments?

Generally reflects non-operational accounting mechanics rather than business performance.

How does healthand infrastructure — goodwill adjustments compare across companies?

Standard accounting adjustment line item for multinational firms.

Leidos Holdings LDOS Healthand Infrastructure — Goodwill Adjustments

Discontinued — last reported Q4 '15

Similar metrics at other companies

KMBHealth Care — Goodwill Adjustments

$0+100%

IRMedical — Goodwill Adjustments

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CTSHHealth Care — Goodwill Translation Adjustments

-$875K+20.5%

TRMBBuildings and Infrastructure — Goodwill, Purchase Accounting Adjustments

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IRMedical — Goodwill Purchase Accounting Adjustments

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BAXHospital Products — Goodwill Adjustments

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Other financials

Income statement

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Revenue$4.4B+3.7%

Gross profit$761.0M+0.5%

Operating income$508.0M-4.2%

Net income$328.0M-9.6%

EPS (diluted)$2.56-7.6%

Balance sheet

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Cash & equivalents$538.0M-41.8%

Total debt$6.7B+13.8%

Total equity$5.0B+17.8%

Total assets$15.4B+16.6%

Cash flow

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Operating cash flow$301.0M+419%

CapEx$31.0M+40.9%

Free cash flow$270.0M+650%

Valuation

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Market cap$13.47B+0.7%

Enterprise value$19.6B+5.6%

P/E9.5×-0.5×

P/S0.8×0.0×

Profitability

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Gross margin17.9%+0.7pp

Operating margin12%+0.6pp

Net margin8.2%+0.3pp

FCF margin10.7%+3.5pp

Returns & leverage

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Return on equity30.5%-0.8pp

Debt / equity1.3×0.0×

Current ratio1.4×-0.1×

Where this comes from

Reported directly by Leidos Holdings in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAndPurchaseAccountingAdjustments.

The official record: Leidos Holdings’s 10-K, filed February 24, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does healthand infrastructure — goodwill adjustments mean?: Adjustments to goodwill in the Health and Infrastructure segment caused by currency changes or final acquisition accounting.
How do you interpret healthand infrastructure — goodwill adjustments?: Generally reflects non-operational accounting mechanics rather than business performance.
How does healthand infrastructure — goodwill adjustments compare across companies?: Standard accounting adjustment line item for multinational firms.