IPG PHOTONICS CORP Annual Amortization of Intangible Assets in USD from 2010 to 2023

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
Ipg Photonics Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Ipg Photonics Corp Amortization of Intangible Assets for the quarter ending June 30, 2024 was $1.38M, a 31.9% decline year-over-year.
  • Ipg Photonics Corp Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $6.66M, a 22.3% decline year-over-year.
  • Ipg Photonics Corp annual Amortization of Intangible Assets for 2023 was $7.9M, a 24.5% decline from 2022.
  • Ipg Photonics Corp annual Amortization of Intangible Assets for 2022 was $10.5M, a 15.9% decline from 2021.
  • Ipg Photonics Corp annual Amortization of Intangible Assets for 2021 was $12.4M, a 3.78% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $7.9M -$2.56M -24.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-21
2022 $10.5M -$1.97M -15.9% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-21
2021 $12.4M +$453K +3.78% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-21
2020 $12M -$971K -7.5% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-27
2019 $12.9M +$4.78M +58.4% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-22
2018 $8.17M +$2.27M +38.5% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-22
2017 $5.9M +$2.14M +56.9% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-24
2016 $3.76M +$1.49M +65.3% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $2.27M +$64K +2.9% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $2.21M -$100K -4.33% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-27
2013 $2.31M +$219K +10.5% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $2.09M -$155K -6.9% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $2.25M +$474K +26.7% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-28
2010 $1.77M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.