What does mobile solutions — goodwill changes mean?

Miscellaneous adjustments to the Mobile Solutions segment's goodwill balance that are not related to new acquisitions or sales.

How do you interpret mobile solutions — goodwill changes?

Generally neutral, but large values may warrant investigation into accounting reclassifications.

How does mobile solutions — goodwill changes compare across companies?

Standard line item for reconciling intangible asset balances.

Trimble Inc. TRMB Mobile Solutions — Goodwill Changes

Discontinued — last reported Q2 '16

Similar metrics at other companies

TKRMobile — Goodwill, Other Increase (Decrease)

-$14.4M-188%

TKRMobile Industries — Goodwill Changes

$300K+50.0%

TBusiness Solutions — Goodwill Changes

$7.75M+444%

TBusiness Solutions — Goodwill Changes

$0—

TConsumer Mobility — Goodwill Changes

$3.5M—

TEXMaterial Handling Port Solutions — Goodwill Changes

$17.9M—

Other financials

Income statement

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Revenue$939.9M+11.8%

Gross profit$646.3M+15.2%

Operating income$144.0M+47.7%

Net income$98.9M+48.3%

EPS (diluted)$0.42+55.6%

Balance sheet

See full

Cash & equivalents$234.1M-19.3%

Total debt$1.4B+2.3%

Total equity$5.6B+4.0%

Total assets$9.0B+1.0%

Cash flow

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Operating cash flow$274.7M+76.5%

CapEx$6.1M-7.6%

Free cash flow$268.6M+80.3%

Valuation

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Market cap$11.46B+6.2%

Enterprise value$12.65B+6.3%

P/E25.1×+18.0×

P/S3.1×+0.1×

Profitability

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Gross margin69.5%+3.3pp

Operating margin17.3%+4.7pp

Net margin12.4%-30.0pp

FCF margin11.8%-3.4pp

Returns & leverage

See full

Return on equity8.3%-22.7pp

Debt / equity0.3×0.0×

Current ratio1×+0.2×

Where this comes from

Reported directly by Trimble Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillOtherChanges.

The official record: Trimble Inc.’s 10-Q, filed August 10, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does mobile solutions — goodwill changes mean?: Miscellaneous adjustments to the Mobile Solutions segment's goodwill balance that are not related to new acquisitions or sales.
How do you interpret mobile solutions — goodwill changes?: Generally neutral, but large values may warrant investigation into accounting reclassifications.
How does mobile solutions — goodwill changes compare across companies?: Standard line item for reconciling intangible asset balances.