HD » Topics » Goodwill and Other Intangible Assets

These excerpts taken from the HD 10-K filed Apr 2, 2009.
Goodwill and Other Intangible Assets
 
Goodwill represents the excess of purchase price over the fair value of net assets acquired. The Company does not amortize goodwill, but does assess the recoverability of goodwill in the third quarter of each fiscal year by determining whether the fair value of each reporting unit supports its carrying value. The fair values of the Company’s identified reporting units were estimated using the present value of expected future discounted cash flows.
 
The Company amortizes the cost of other intangible assets over their estimated useful lives, which range from 1 to 20 years, unless such lives are deemed indefinite. Intangible assets with indefinite lives are tested in the third quarter of each fiscal year for impairment. The Company recorded no impairment charges for goodwill or other intangible assets for fiscal 2008, 2007 or 2006.
 
Goodwill
and Other Intangible Assets



 



Goodwill represents the excess of purchase price over the fair
value of net assets acquired. The Company does not amortize
goodwill, but does assess the recoverability of goodwill in the
third quarter of each fiscal year by determining whether the
fair value of each reporting unit supports its carrying value.
The fair values of the Company’s identified reporting units
were estimated using the present value of expected future
discounted cash flows.


 



The Company amortizes the cost of other intangible assets over
their estimated useful lives, which range from 1 to
20 years, unless such lives are deemed indefinite.
Intangible assets with indefinite lives are tested in the third
quarter of each fiscal year for impairment. The Company recorded
no impairment charges for goodwill or other intangible assets
for fiscal 2008, 2007 or 2006.


 




This excerpt taken from the HD 10-Q filed Dec 4, 2008.

Goodwill and Other Intangible Assets

 

The Company completed its annual assessment on the recoverability of Goodwill and indefinite lived intangible assets in the third quarter of fiscal 2008 and recorded no impairment charges.

 

These excerpts taken from the HD 10-K filed Apr 3, 2008.

Goodwill and Other Intangible Assets

Goodwill represents the excess of purchase price over the fair value of net assets acquired. The Company does not amortize goodwill, but does assess the recoverability of goodwill in the third quarter of each fiscal year by determining whether the fair value of each reporting unit supports its carrying value. The fair values of the Company's identified reporting units were estimated using the expected present value of discounted cash flows.

The Company amortizes the cost of other intangible assets over their estimated useful lives, which range from 1 to 20 years, unless such lives are deemed indefinite. Intangible assets with indefinite lives are tested in the third quarter of each fiscal year for impairment. The Company recorded no impairment charges for goodwill or other intangible assets for fiscal 2007, 2006 or 2005.

Goodwill and Other Intangible Assets



Goodwill represents the excess of purchase price over the fair value of net assets acquired. The Company does not amortize goodwill, but does assess the recoverability of
goodwill in the third quarter of each fiscal year by determining whether the fair value of each reporting unit supports its carrying value. The fair values of the Company's identified reporting units
were estimated using the expected present value of discounted cash flows.



The
Company amortizes the cost of other intangible assets over their estimated useful lives, which range from 1 to 20 years, unless such lives are deemed indefinite. Intangible assets with
indefinite lives are tested in the third quarter of each fiscal year for impairment. The Company recorded no impairment charges for goodwill or other intangible assets for fiscal 2007, 2006 or 2005.




This excerpt taken from the HD 10-K filed Mar 29, 2007.

Goodwill and Other Intangible Assets

Goodwill represents the excess of purchase price over the fair value of net assets acquired. The Company does not amortize goodwill, but does assess the recoverability of goodwill in the third quarter of each fiscal year by determining whether the fair value of each reporting unit supports its carrying value. The fair values of the Company's identified reporting units were estimated using the expected present value of discounted cash flows.

The Company amortizes the cost of other intangible assets over their estimated useful lives, which range from 1 to 14 years, unless such lives are deemed indefinite. Intangible assets with indefinite lives are tested in the third quarter of each fiscal year for impairment. The Company recorded no impairment charges for fiscal 2006, 2005 or 2004.

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