What does engineered materials — goodwill transfer in (out) mean?

The movement of goodwill value into or out of the Engineered Materials segment due to internal organizational restructuring.

How do you interpret engineered materials — goodwill transfer in (out)?

Transfers in suggest the segment is absorbing more acquired value, while transfers out indicate a reduction in the segment's attributed goodwill base.

How does engineered materials — goodwill transfer in (out) compare across companies?

Comparable to goodwill reallocation disclosures found in the segment reporting notes of companies undergoing frequent organizational realignment.

Enpro NPO Engineered Materials — Goodwill transfer in (out)

Discontinued — last reported Q2 '20

Similar metrics at other companies

EMNAdvanced Materials — Goodwill, Transfers

$0—

CREngineered Materials — Goodwill

$171.3M0.0%

VMI

VMIEngineered Support Structures — Goodwill Transfers

$0—

DOVEngineered Products Segment — Goodwill Reallocation Due to Resegmentation

-$10.1M—

RBCEngineered Products — Goodwill Acquired

$330K—

FLSEngineered Product Division — Goodwill Transfers Segment Composition Change

$10.27M—

Other financials

Income statement

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Revenue$303.0M+10.9%

Gross profit$130.0M+10.0%

Operating income$43.5M+4.1%

Net income$27.4M+11.8%

EPS (diluted)$1.29+12.2%

Balance sheet

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Cash & equivalents$79.2M-67.0%

Total debt$617.8M-4.5%

Total equity$1.6B+6.9%

Total assets$2.6B+5.1%

Cash flow

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Operating cash flow$39.6M+88.6%

CapEx$12.2M+52.5%

Free cash flow$27.4M+111%

Valuation

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Market cap$8.02B+55.5%

Enterprise value$8.56B+53.1%

P/E80.3×—

P/S6.8×+2.0×

Profitability

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Gross margin42.6%-0.4pp

Operating margin13.9%-0.7pp

Net margin7.8%—

FCF margin14.8%+0.8pp

Returns & leverage

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Return on equity5.8%—

Debt / equity0.4×0.0×

Current ratio2.2×-0.7×

Where this comes from

Reported directly by Enpro in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTransfers.

The official record: Enpro’s 10-K, filed March 1, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does engineered materials — goodwill transfer in (out) mean?: The movement of goodwill value into or out of the Engineered Materials segment due to internal organizational restructuring.
How do you interpret engineered materials — goodwill transfer in (out)?: Transfers in suggest the segment is absorbing more acquired value, while transfers out indicate a reduction in the segment's attributed goodwill base.
How does engineered materials — goodwill transfer in (out) compare across companies?: Comparable to goodwill reallocation disclosures found in the segment reporting notes of companies undergoing frequent organizational realignment.