My reading of a definition for "goodwill impairment" is that it means the company acquired other companies, and determined later that it overpaid for them. Non-

My reading of a definition for "goodwill impairment" is that it means the company acquired other companies, and determined later that it overpaid for them. Non-cash probably means that it paid for those acquisitions with stock rather than money. All of which seems to me like a good argument for penalties being based on revenue rather than profits. https://www.investopedia.com/terms/g/goodwill-impairment.asp https://www.investopedia.com/terms/g/goodwill-impairment.asp