Lennox International LII Residential Heating And Cooling — Goodwill Impairment
Discontinued — last reported Q4 '16
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Lennox International in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The official record: Lennox International’s 10-K, filed February 21, 2017, on SEC EDGAR. View the filing →
Questions, answered.
- What does residential heating and cooling — goodwill impairment mean?
- A non-cash expense recorded when the value of goodwill in the residential segment is deemed to have declined.
- How do you interpret residential heating and cooling — goodwill impairment?
- An increase signals a significant negative event, such as a decline in segment profitability or market outlook, requiring a write-down of asset value.
- How does residential heating and cooling — goodwill impairment compare across companies?
- Peers report this as a standard impairment test result, with zero being the expected value for healthy, growing segments.