AAR CORP Quarterly Amortization of Intangible Assets in USD from Q3 2023 to Q3 2024

Taxonomy & unit
us-gaap: USD
Description
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.
Summary
Aar Corp quarterly/annual Amortization of Intangible Assets history and growth rate from Q3 2023 to Q3 2024.
  • Aar Corp Amortization of Intangible Assets for the quarter ending August 31, 2024 was $17.4M, a 145% increase year-over-year.
  • Aar Corp annual Amortization of Intangible Assets for 2023 was $13.3M, a 923% 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.
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2024 $17.4M +$10.3M +145% Jun 1, 2024 Aug 31, 2024 10-Q 2024-09-24
Q3 2023 $7.1M Jun 1, 2023 Aug 31, 2023 10-Q 2023-09-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.