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.

PVH PVH Impairment Charges

Discontinued — last reported Q2 '20

Impairment Charges at other companies

Travel + LeisureTNL

$19M—

Helen Of TroyHELE

$79.18M+53.9%

Orion Group HoldingsORN

$1.72M—

Sharplink, Inc. SBET

$191.67M—

Cousins PropertiesCUZ

$258.5K—

AtkoreATKR

$11.55M-91.0%

Other financials

Income statement

See full

Revenue$2.0B+2.1%

Gross profit$1.2B+2.1%

Operating income$124.3M+137%

Net income$88.0M+296%

EPS (diluted)$1.90+316%

Balance sheet

See full

Cash & equivalents$592.5M+210%

Total debt$4.2B+30.9%

Total equity$4.9B+6.0%

Total assets$11.3B+6.3%

Cash flow

See full

Operating cash flow-$46.5M+34.9%

CapEx$39.5M+47.9%

Free cash flow-$86.0M+12.3%

Valuation

See full

Market cap$3.32B+6.9%

Enterprise value$6.94B+13.1%

P/E12.2×+3.7×

P/S0.4×0.0×

Profitability

See full

Gross margin57.5%-1.3pp

Operating margin7.6%+4.9pp

Net margin3.9%-4.3pp

FCF margin6.1%-0.8pp

Returns & leverage

See full

Return on equity6.7%-7.1pp

Debt / equity0.9×+0.2×

Current ratio1.7×+0.6×

Where this comes from

Reported directly by PVH in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.

The official record: PVH’s 10-Q, filed September 10, 2020, 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.