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Vishay Intertechnology VSH Material Reconciling Items — Impairment Of Intangible Assets Excluding Goodwill

Discontinued — last reported Q4 '17

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Other financials

Income statement

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Revenue$839.2M+17.3%
Gross profit$176.6M+30.3%
Operating income$22.1M+2,615%
Net income$7.2M+275%
EPS (diluted)$0.05+267%

Balance sheet

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Cash & equivalents$479.4M-21.3%
Total debt$1.1B-0.5%
Total equity$2.1B+2.2%
Total assets$4.3B+1.5%

Cash flow

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Operating cash flow$63.7M+296%
CapEx$110.7M+79.7%
Free cash flow-$47.0M-3.3%

Valuation

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Market cap$8.83B+13.4%
Enterprise value$9.46B+15.6%
P/S2.8×+0.1×

Profitability

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Gross margin19.9%-0.4pp
Operating margin2.4%
Net margin-2.6%-5.4pp
FCF margin-7.4%

Returns & leverage

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Return on equity-3.6%-7.6pp
Debt / equity0.5×0.0×
Current ratio2.6×-0.2×

Where this comes from

Reported directly by Vishay Intertechnology in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsExcludingGoodwill.

The official record: Vishay Intertechnology’s 10-K, filed February 16, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — impairment of intangible assets excluding goodwill mean?
This represents the write-down of identifiable intangible assets, such as patents, trademarks, or customer lists, when their carrying value is no longer recoverable. Unlike goodwill, these are specific assets whose market value or utility has declined significantly. It serves as an indicator of the declining relevance or competitiveness of specific intellectual property or market-related assets.