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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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