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Subject: Help me understand Impairment in layman's terms | Date: 12/15/2010 8:40 AM | |
Author: DoubleMyNet | Number: 2133 of 2244 | |
Okay, I was checking out the 2009 10-K filing for MWA because I wanted to learn more about this "impairment" charges that resulted in a major loss of operating income that year. I understand "restructuring" but not "impairment". Google couldn't answer my question. My question is what specific transaction would create an impairment that would result in a loss of operating income? I gotta say this. I love this fool's site. My knowledge is growing by the week. |
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