EBAY » Topics » Impairment of long-lived assets

This excerpt taken from the EBAY 10-K filed Feb 17, 2010.

Impairment of long-lived assets

We evaluate long-lived assets (including intangible assets) for impairment whenever events or changes in circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. An asset is considered impaired if its carrying amount exceeds the future net cash flow the asset is expected to generate. If an asset is considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds its fair market value. We assess the recoverability of our long-lived and intangible assets by determining whether the unamortized balances can be recovered through undiscounted future net cash flows of the related assets. The amount of impairment, if any, is measured using fair market values which are estimated based on projected discounted future net cash flows.

These excerpts taken from the EBAY 10-K filed Feb 20, 2009.
Impairment of long-lived assets
 
We evaluate long-lived assets (including intangible assets) for impairment whenever events or changes in circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. An asset is considered impaired if its carrying amount exceeds the future net cash flow the asset is expected to generate. If an asset is considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds its fair market value. We assess the recoverability of our long-lived and intangible assets by determining whether the unamortized balances can be recovered through undiscounted future net cash flows of the related assets. The amount of impairment, if any, is measured using fair market values which are estimated based on projected discounted future net cash flows.
 
Impairment
of long-lived assets



 



We evaluate long-lived assets (including intangible assets) for
impairment whenever events or changes in circumstances indicate
that the carrying amount of a long-lived asset may not be
recoverable. An asset is considered impaired if its carrying
amount exceeds the future net cash flow the asset is expected to
generate. If an asset is considered to be impaired, the
impairment to be recognized is measured by the amount by which
the carrying amount of the asset exceeds its fair market value.
We assess the recoverability of our long-lived and intangible
assets by determining whether the unamortized balances can be
recovered through undiscounted future net cash flows of the
related assets. The amount of impairment, if any, is measured
using fair market values which are estimated based on projected
discounted future net cash flows.


 




These excerpts taken from the EBAY 10-K filed Feb 29, 2008.
Impairment of long-lived assets
 
We evaluate long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. An asset is considered impaired if its carrying amount exceeds the future net cash flow the asset is expected to generate. If an asset is considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds its fair market value. We assess the recoverability of our long-lived and intangible assets by determining whether the unamortized balances can be recovered through undiscounted future net cash flows of the related assets. The amount of impairment, if any, is measured based on projected discounted future net cash flows.
 
Impairment
of long-lived assets



 



We evaluate long-lived assets for impairment whenever events or
changes in circumstances indicate that the carrying amount of a
long-lived asset may not be recoverable. An asset is considered
impaired if its carrying amount exceeds the future net cash flow
the asset is expected to generate. If an asset is considered to
be impaired, the impairment to be recognized is measured by the
amount by which the carrying amount of the asset exceeds its
fair market value. We assess the recoverability of our
long-lived and intangible assets by determining whether the
unamortized balances can be recovered through undiscounted
future net cash flows of the related assets. The amount of
impairment, if any, is measured based on projected discounted
future net cash flows.


 




This excerpt taken from the EBAY 10-K filed Feb 28, 2007.
Impairment of long-lived assets
 
We evaluate long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of a long-lived asset may not be recoverable. An asset is considered impaired if its carrying amount exceeds the future net cash flow the asset is expected to generate. If an asset is considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds its fair market value. We assess the recoverability of our long-lived and intangible assets by determining whether the unamortized balances can be recovered through undiscounted future net cash flows of the related assets. The amount of impairment, if any, is measured based on projected discounted future net cash flows.
 
We evaluate goodwill, at a minimum, on an annual basis and whenever events and changes in circumstances suggest that the carrying amount may not be recoverable. Impairment of goodwill is tested at the reporting unit level by comparing the reporting unit’s carrying amount, including goodwill, to the fair value of the reporting unit. The fair values of the reporting units are estimated using a combination of the income or discounted cash flows approach and the market approach, which utilizes comparable companies’ data. If the carrying amount of the reporting unit exceeds its fair value, goodwill is considered impaired and a second step is performed to measure the amount of impairment loss, if any. We conducted our annual impairment test as of August 31, 2006 and determined there was no impairment. There were no events or circumstances from that date through December 31, 2006 that would impact this assessment.
 
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