DOLLAR GENERAL CORP Goodwill & Intangibles Disclosure
2. Goodwill and other intangible assets
The Company’s other intangible assets primarily consist of trade names and trademarks of $1.2 billion which have an indefinite life. The Company’s goodwill balance has an indefinite life and is not expected to be deductible for tax purposes.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2018 | Mar 23, 2018 | Showing above |
| 2017 | Mar 24, 2017 | |
| 2016 | Mar 22, 2016 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.