Stout has been a trusted advisor to a $2-billion manufacturer of recreational products for more than a decade. We have prepared numerous valuations to satisfy financial reporting requirements, including quarterly valuations of the overall company and incentive units classified as liability awards, valuations of tangible and intangible assets after business combinations, and goodwill impairment testing for the company’s two reporting units. We also have assisted the company with corporate tax reporting requirements through the valuation of domestic and international entities, including the associated tangible and intangible assets of those entities.

In addition to assisting the company with its financial and tax reporting requirements, Stout has provided valuation services for the benefit of the company's employees and shareholders. Recently, the company provided owners the opportunity to exercise incentive units or sell common units, and we helped the company quantify the impact of a $150-million buyback and dividend. Stout has also provided valuations of common stock of a related entity for estate planning and gift tax purposes.