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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (55682)	7/13/2015 2:38:42 PM
From: robert b furman	Respond to of 78652

So if I read that correctly, The quarterly charged off impairment of an intangible asset is treated like depreciation - a cashless expense. The dedution of a cashless expense does reduce the gaap EPS but it also increases and accelerates the free cash flow of the business. This enhances cash accumulation (By the effective tax rate that would otherwise have been paid) and/or allows a greater buyback of shares or a distribution of a dividend. Thank You for the excellent reference. You are a good person to know.<smile> Bob