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Intersil Corporation Message Board

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  • ochsnerbier ochsnerbier Jul 23, 2004 4:40 PM Flag

    Goodwill crap on the balance sheet?

    XB, when management deems that goodwill is impaired, they write it off and it shows up as an expense on the P & L. As such, it lowers GAAP earnings for the period in which the goodwill (all or part) is written off. Whether Wall Street analysts or investors give a sh.. about a non cash expense, is another matter. I believe you are right in saying that goodwill is not particularly important when evaluating a company. I wish you no Ill will.

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