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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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Applied Industrial Technologies Inc quarterly/annual Amortization of Intangible Assets history and growth rate from Q3 2010 to Q3 2024.
- Applied Industrial Technologies Inc Amortization of Intangible Assets for the quarter ending September 30, 2024 was $7.6M, a 2.8% increase year-over-year.
- Applied Industrial Technologies Inc annual Amortization of Intangible Assets for 2024 was $28.9M, a 6.11% decline from 2023.
- Applied Industrial Technologies Inc annual Amortization of Intangible Assets for 2023 was $30.8M, a 3.37% decline from 2022.
- Applied Industrial Technologies Inc annual Amortization of Intangible Assets for 2022 was $31.9M, a 7.23% decline from 2021.
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)