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Pool Corporation POOL Goodwill impairment
Discontinued — last reported Q4 '22
Goodwill impairment at other companies
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Where this comes from
Reported directly by Pool Corporation in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The source filing: Pool Corporation’s 10-K, filed February 24, 2023.
- Filed
- Feb 24, 2023
- Fiscal year
- FY2022
- Accession
- 0000945841-23-000015
| Line item | Year Ended December 31, 2022 | Year Ended December 31, 2021 | Year Ended December 31, 2020 |
|---|---|---|---|
| Cost of sales | 4,246,315 | 3,678,492 | 2,805,721 |
| Gross profit | 1,933,412 | 1,617,092 | 1,130,902 |
| Selling and administrative expenses | 907,024 | 786,808 | 659,931 |
| Impairment of goodwill and other | 605 | (2,500) | 6,944 |
| Operating income | 1,025,783 | 832,784 | 464,027 |
| Interest and other non-operating expenses, net | 40,911 | 8,639 | 12,353 |
| Income before income taxes and equity in earnings | 984,872 | 824,145 | 451,674 |
| Provision for income taxes | 236,763 | 173,812 | 85,231 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Pool Corporation's goodwill impairment?
- Pool Corporation (POOL) reported goodwill impairment of $605K in Q4 2022.
- What does goodwill impairment mean?
- Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.
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