Annual goodwill and intangible asset impairment testing for Tropicana

Annual goodwill and intangible asset impairment testing for Tropicana

Goodwill and Impairment Testing - Financial Reporting Purposes

We perform goodwill and indefinite-lived intangible asset impairment testing for Tropicana annually.

Performed goodwill impairment testing procedures for two reporting units, tested indefinite-lived trade names and trademarks for impairment for five reporting units, and analyzed impairment indications for two indefinite-lived gaming licenses maintained by two reporting units

Our analysis was used by Tropicana’s management team to satisfy financial reporting requirements and document that its asset carrying values were not impaired.