What does water quality systems — goodwill changes mean?

Adjustments to the value of goodwill in the water quality segment excluding impairment losses.

How do you interpret water quality systems — goodwill changes?

Increases often reflect currency fluctuations or acquisition accounting adjustments, while decreases may indicate divestitures or currency headwinds.

How does water quality systems — goodwill changes compare across companies?

Standard across public companies reporting goodwill movements in segment-level financial disclosures.

Pentair PNR Water Quality Systems — Goodwill Changes

Discontinued — last reported Q1 '16

Similar metrics at other companies

WTSWater Quality — Goodwill Gross

$0—

WTRGWater — Reclassification Of Goodwill Acquisition Adjustment

-$8K+81.8%

VLTOWater Quality — Goodwill, Foreign Currency Translation, Gain (Loss)

$15.75M+229%

VLTOWater Quality — Goodwill, Acquired During Period

$5.75M—

AWK

AWKOperating Segments — Goodwill Purchase Accounting Adjustments

$1.25M—

WAT

WATWaters Advanced Diagnostics — Reclassification Of Goodwill

$101M—

Other financials

Income statement

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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

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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 water quality systems — goodwill changes mean?: Adjustments to the value of goodwill in the water quality segment excluding impairment losses.
How do you interpret water quality systems — goodwill changes?: Increases often reflect currency fluctuations or acquisition accounting adjustments, while decreases may indicate divestitures or currency headwinds.
How does water quality systems — goodwill changes compare across companies?: Standard across public companies reporting goodwill movements in segment-level financial disclosures.