Here's something you might be interested in.
Ask a Hipster — Advice you didn't know you needed
Big Screen — Movie commentary
Blurt — Music's inside track
Booze News — San Diego spirits
Classical Music — Immortal beauty
Classifieds — Free and easy
Cover Stories — Front-page features
Drinks All Around — Bartenders' drink recipes
Excerpts — Literary and spiritual excerpts
Feast! — Food & drink reviews
Feature Stories — Local news & stories
Fishing Report — What’s getting hooked from ship and shore
From the Archives — Spotlight on the past
Golden Dreams — Talk of the town
The Gonzo Report — Making the musical scene, or at least reporting from it
Letters — Our inbox
Movies@Home — Local movie buffs share favorites
Movie Reviews — Our critics' picks and pans
Musician Interviews — Up close with local artists
Neighborhood News from Stringers — Hyperlocal news
News Ticker — News & politics
Obermeyer — San Diego politics illustrated
Outdoors — Weekly changes in flora and fauna
Overheard in San Diego — Eavesdropping illustrated
Poetry — The old and the new
Reader Travel — Travel section built by travelers
Reading — The hunt for intellectuals
Roam-O-Rama — SoCal's best hiking/biking trails
San Diego Beer — Inside San Diego suds
SD on the QT — Almost factual news
Sheep and Goats — Places of worship
Special Issues — The best of
Street Style — San Diego streets have style
Surf Diego — Real stories from those braving the waves
Theater — On stage in San Diego this week
Tin Fork — Silver spoon alternative
Under the Radar — Matt Potter's undercover work
Unforgettable — Long-ago San Diego
Unreal Estate — San Diego's priciest pads
Your Week — Daily event picks
Tyson Foods knocks some value off Circle Foods
The local company's assets deemed overvalued
Nuevo Grille mini and snack burritos from Circle Foods
Three years ago, Tyson Foods, the big Arkansas food company, purchased San Diego's Circle Foods, which makes foods such as tortillas and India flatbreads that can be cooked quickly in the home.
When a company makes an acquisition, it gives the name "goodwill" to the price it pays exceeding the tangible assets of the acquired company. These can be positive qualities, such as a strong brand name. However, if the value of the goodwill goes down, that past purchase price might be deemed to have been excessive. In such cases, the acquiring company takes an impairment charge on its balance sheet.
In its most recent quarterly report, Tyson took a $52 million impairment charge on its Circle Foods purchase. Most of the charge, $43 million, relates to property, plant and equipment.
Here's something you might be interested in.
Tyson Foods knocks some value off Circle Foods
The local company's assets deemed overvalued
Tyson Foods knocks some value off Circle Foods
The local company's assets deemed overvalued
Nuevo Grille mini and snack burritos from Circle Foods
Three years ago, Tyson Foods, the big Arkansas food company, purchased San Diego's Circle Foods, which makes foods such as tortillas and India flatbreads that can be cooked quickly in the home.
When a company makes an acquisition, it gives the name "goodwill" to the price it pays exceeding the tangible assets of the acquired company. These can be positive qualities, such as a strong brand name. However, if the value of the goodwill goes down, that past purchase price might be deemed to have been excessive. In such cases, the acquiring company takes an impairment charge on its balance sheet.
In its most recent quarterly report, Tyson took a $52 million impairment charge on its Circle Foods purchase. Most of the charge, $43 million, relates to property, plant and equipment.
Comments