What does flow filtration solutions — goodwill changes mean?

Adjustments to the value of goodwill for the Flow Filtration Solutions segment excluding impairment losses.

How do you interpret flow filtration solutions — goodwill changes?

Increases often reflect recent acquisitions, while decreases may result from divestitures or currency fluctuations, requiring context to determine if they represent value creation or accounting adjustments.

How does flow filtration solutions — goodwill changes compare across companies?

Comparable to 'Goodwill Adjustments' or 'Other Changes in Goodwill' found in the intangible assets reconciliation tables of peer industrial companies.

Pentair PNR Flow Filtration Solutions — Goodwill Changes

Discontinued — last reported Q1 '16

Similar metrics at other companies

ESEFiltration Fluid Flow — Goodwill Period Increase Decrease

$30.4M+579%

ESEFiltration Fluid Flow — Goodwill Acquired

$7.13M—

ESEFiltration Fluid Flow — Goodwill

$102.2M+38.7%

ESEFiltration Fluid Flow — Goodwill Foreign Currency Translation Gain Loss

$0—

FLSFlow Control Division — Goodwill Transfers Segment Composition Change

$0—

CSL

CSLFluid Technology — Goodwill Translation Adjustments And Other

-$375K-148%

Other financials

Income statement

See full

Revenue$1.0B+2.6%

Gross profit$433.4M+7.5%

Operating income$210.0M+3.4%

Net income$172.4M+11.3%

EPS (diluted)$1.05+12.9%

Balance sheet

See full

Cash & equivalents$67.7M-51.8%

Total debt$2.7B+36.0%

Total equity$3.8B+4.9%

Total assets$7.1B+4.8%

Cash flow

See full

Operating cash flow-$67.4M-73.3%

CapEx$18.5M+10.1%

Free cash flow-$85.9M-54.2%

Valuation

See full

Market cap$12.01B-2.5%

Enterprise value$14.6B+2.6%

P/E17.9×-1.1×

P/S2.9×-0.2×

Profitability

See full

Gross margin40.9%+1.4pp

Operating margin20.6%+0.3pp

Net margin16%+0.1pp

FCF margin17%-1.7pp

Returns & leverage

See full

Return on equity18%-0.6pp

Debt / equity0.7×+0.2×

Current ratio1.9×0.0×

Where this comes from

Reported directly by Pentair in its filing.

Tagged under the XBRL concept us-gaap:GoodwillOtherChanges.

The official record: Pentair’s 10-Q, filed April 26, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does flow filtration solutions — goodwill changes mean?: Adjustments to the value of goodwill for the Flow Filtration Solutions segment excluding impairment losses.
How do you interpret flow filtration solutions — goodwill changes?: Increases often reflect recent acquisitions, while decreases may result from divestitures or currency fluctuations, requiring context to determine if they represent value creation or accounting adjustments.
How does flow filtration solutions — goodwill changes compare across companies?: Comparable to 'Goodwill Adjustments' or 'Other Changes in Goodwill' found in the intangible assets reconciliation tables of peer industrial companies.