Evidence packet 3 · filing-time record
A self-contained audit view of the featured disclosure change. Market outcomes are shown only in the separately labeled ex-post panel.
Item 1A. Risk Factors ” and elsewhere within this “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.” If our assumptions and related estimates change in the future, we may be required to record impairment charges against earnings in future periods. Any impairment charges that we may take in the future could be material to our results of operations and financial condition.
We recorded a non-cash goodwill impairment charge of $313.0 million in fiscal 2019, as discussed further in to our consolidated financial statements under the caption “Goodwill and Nonamortizing Intangible Assets.” Excluding the goodwill impairment charge in 2019, the selling, general and administrative expense rate was 23.2% in 2019. Operating Income
We recorded a non-cash goodwill impairment charge $313.0 million fiscal 2019, as discussed further consolidated financial statements under the caption “Goodwill Nonamortizing Intangible Assets.” Excluding the goodwill impairment charge in 2019, the selling, general and administrative expense rate was 23.2% in 2019. Operating Income
Item 1A. Risk Factors ” and elsewhere within this “Item 7. Management’s Discussion and Analysis Financial Condition and Results of Operations.” If our assumptions and related estimates change the future, we may be required to record impairment charges against earnings future periods. Any impairment charges that we may take in the future could be material results of operations financial condition.
Impairments can reveal changed assumptions about asset values or business economics.
Limitation: This is deterministic, corpus-bounded research triage. Novelty is limited to searched frozen sources; the category is not a causal claim or investment recommendation.