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Message: <blockquote data-quote="Myrdin Potter" data-source="post: 9084393" data-attributes="member: 6843593">I am not sure why you added a whole bunch of irrelevant accounting to your analysis. Plus, the $25M of assets was clearly identified - production costs of the D&D movie. I am an accountant and impairment of goodwill really is not relevant. This was not a acquisition.Part of the cost of the movie was capitalized as an asset to offset (amortize) against the future streaming revenue (matching). Whatever scenario used to decide to defer that much cost is now deemed to be wrong and the asset is not supported and must be written off (impaired / expensed).If I were the SEC I would be asking some hard questions about that. Basically, some accountant (and they just swapped CFO and the new one is not going to want this issue to linger) came up with a valuation that allowed Hasbro to avoid taking a bigger loss from the poor box office and deferred the loss to provide proper cost for future revenue from the movie. A really short time later that was written off. Looks pretty bad. Auditors need to be wondering as well.It pretty definitely answers the open question about future revenues offsetting the cost of the movie. Nope.</blockquote>