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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Aar Corp annual/quarterly Amortization of Intangible Assets history and growth rate for Q3 2023.
- Aar Corp Amortization of Intangible Assets for the quarter ending August 31, 2023 was $7.1M.
- Aar Corp annual Amortization of Intangible Assets for 2023 was $7.3M, a 462% increase from 2022.
- Aar Corp annual Amortization of Intangible Assets for 2022 was $1.3M, a 18.2% increase from 2021.
- Aar Corp annual Amortization of Intangible Assets for 2021 was $1.1M, a 38.9% decline from 2020.