What does mid — goodwill impairment mean?

The accounting charge taken when the value of goodwill in the Mid segment is deemed to have declined.

How do you interpret mid — goodwill impairment?

An increase signals potential overpayment for past acquisitions or a decline in the segment's competitive market position.

How does mid — goodwill impairment compare across companies?

Standard impairment testing metric found in segment-level financial disclosures across all industries.

Rambus RMBS Mid — Goodwill Impairment

Discontinued — last reported Q4 '18

Similar metrics at other companies

AWK

AWKMarket Based Businesses — Goodwill Impairment

$53M—

WPCAsset Management Income — Goodwill Impairment

$0—

ADBEReportable Segment — Impairment of goodwill

$70M—

CPAYVehicle Payments — Goodwill, Impairment Loss

$0—

BBYInternational — Goodwill Impairment

$0—

ZBHProduct Category Operating Segments — Goodwill Impairment

$272M—

Other financials

Income statement

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Revenue$180.2M+8.1%

Gross profit$143.7M+7.4%

Operating income$61.8M-2.2%

Net income$59.9M-0.7%

EPS (diluted)$0.55-1.8%

Balance sheet

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Cash & equivalents$134.3M+1.6%

Total debt$23.4M-19.8%

Total equity$1.4B+20.1%

Total assets$1.5B+11.2%

Cash flow

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Operating cash flow$83.2M+7.5%

CapEx$11.6M+47.8%

Free cash flow$71.6M+2.9%

Valuation

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Market cap$14.07B+67.3%

Enterprise value$13.96B+68.4%

P/E61.2×+20.6×

P/S19.5×+5.6×

Profitability

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Gross margin79.5%-0.8pp

Operating margin35.9%+0.2pp

Net margin31.9%-2.3pp

Returns & leverage

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Return on equity18%-1.2pp

Debt / equity0×0.0×

Current ratio9.8×-0.3×

Where this comes from

Reported directly by Rambus in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Rambus’s 10-K, filed February 22, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does mid — goodwill impairment mean?: The accounting charge taken when the value of goodwill in the Mid segment is deemed to have declined.
How do you interpret mid — goodwill impairment?: An increase signals potential overpayment for past acquisitions or a decline in the segment's competitive market position.
How does mid — goodwill impairment compare across companies?: Standard impairment testing metric found in segment-level financial disclosures across all industries.