How do you interpret industrial — goodwill and intangible asset impairment?

An increase signals poor performance, overpayment for past acquisitions, or adverse market conditions.

How does industrial — goodwill and intangible asset impairment compare across companies?

Commonly reported by peers during economic downturns or after failed integration of acquired businesses.

Littelfuse LFUS Industrial — Goodwill And Intangible Asset Impairment

Discontinued — last reported Q3 '16

Similar metrics at other companies

ULSIndustrial — Goodwill impairment

$0—

GGGIndustrial — Goodwill, Impairment Loss

$0—

GPCIndustrial — Goodwill impairment charge

$0—

FTVIndustrial Technologies — Impairment of goodwill

$85.3M—

RPMIndustrial — Goodwill Impaired Accumulated Impairment Loss

$14.9M—

RPMIndustrial — Impairment Of Intangible Assets Excluding Goodwill

$150K—

Other financials

Income statement

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Revenue$657.0M+18.5%

Gross profit$254.1M+22.6%

Operating income$101.2M+44.2%

Net income$75.1M+72.5%

EPS (diluted)$2.96+69.1%

Balance sheet

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Cash & equivalents$483.4M-22.1%

Total debt$700.7M-20.2%

Total equity$2.5B+2.4%

Total assets$3.9B-0.8%

Cash flow

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Operating cash flow$80.3M+22.1%

CapEx$14.1M-39.0%

Free cash flow$66.2M+55.1%

Valuation

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Market cap$12.13B+75.6%

Enterprise value$12.35B+71.0%

P/S4.9×+1.8×

Profitability

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Gross margin38.3%+1.8pp

Operating margin12.4%-3.6pp

Net margin-1.6%—

FCF margin15.7%+2.4pp

Returns & leverage

See full

Return on equity-1.6%—

Debt / equity0.3×-0.1×

Current ratio2.6×-1.3×

Where this comes from

Reported directly by Littelfuse in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAndIntangibleAssetImpairment.

The official record: Littelfuse’s 10-Q, filed November 1, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does industrial — goodwill and intangible asset impairment mean?: The reduction in the recorded value of the industrial segment's goodwill and intangible assets due to a decline in their actual worth.
How do you interpret industrial — goodwill and intangible asset impairment?: An increase signals poor performance, overpayment for past acquisitions, or adverse market conditions.
How does industrial — goodwill and intangible asset impairment compare across companies?: Commonly reported by peers during economic downturns or after failed integration of acquired businesses.