Lumen Technologies LUMN Material Reconciling Items — Goodwill Impairment
Discontinued — last reported Q4 '15
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Lumen Technologies in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The official record: Lumen Technologies’s 10-K, filed February 25, 2016, on SEC EDGAR. View the filing →
Questions, answered.
- What does material reconciling items — goodwill impairment mean?
- A non-cash accounting charge taken when the value of acquired businesses is determined to be lower than what is currently recorded on the balance sheet.
- How do you interpret material reconciling items — goodwill impairment?
- An increase indicates a write-down of asset values, suggesting management's previous acquisition strategy or current market conditions have negatively impacted the long-term outlook for specific business units. A decrease or absence of this charge suggests stability in the valuation of acquired intangible assets.
- How does material reconciling items — goodwill impairment compare across companies?
- Peers in the telecommunications and technology sectors frequently report similar impairment charges during periods of industry consolidation or technological shifts that render legacy assets less valuable.