What does impairment charges mean?

Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

CarParts.com, Inc. PRTS Impairment Charges

Discontinued — last reported Q4 '16

Impairment Charges at other companies

Motorcar Parts of AmericaMPAA

$0—

J.JillJILL

$214K+3.4%

CarGurus, Inc.CARG

$19.71M—

Skyline ChampionSKY

$0—

Other financials

Income statement

See full

Revenue$132.0M-10.5%

Gross profit$42.9M-9.3%

Operating income-$3.1M+79.8%

Net income-$1.9M+87.3%

EPS (diluted)-$0.03+88.9%

Balance sheet

See full

Cash & equivalents$37.9M-1.8%

Total debt$27.5M-29.4%

Total equity$59.6M-18.1%

Total assets$191.6M-11.5%

Cash flow

See full

Operating cash flow$7.3M+31.9%

CapEx$2.1M-0.8%

Free cash flow$5.2M+52.3%

Valuation

See full

Market cap$52.16M+9.9%

Enterprise value$41.84M-13.7%

P/S0.1×0.0×

Profitability

See full

Gross margin32.9%-0.5pp

Operating margin-6.9%-1.2pp

Net margin-7%-1.1pp

FCF margin-7.6%—

Returns & leverage

See full

Return on equity-56.1%+1.9pp

Debt / equity0.5×-0.1×

Current ratio1.7×+0.3×

Where this comes from

Reported directly by CarParts.com, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsExcludingGoodwill.

The official record: CarParts.com, Inc.’s 10-K, filed March 7, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does impairment charges mean?: Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.