Dick's Sporting Goods (Dick's Sporting Goods) Intangible Assets

: $303 Mil (As of Jan. 2024)

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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Dick's Sporting Goods's intangible assets for the quarter that ended in Jan. 2024 was $303 Mil.

Dick's Sporting Goods Intangible Assets Historical Data

The historical data trend for Dick's Sporting Goods's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dick's Sporting Goods Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Intangible Assets

340.63

335.91

332.62

306.22

302.52

Dick's Sporting Goods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Intangible Assets																306.22	314.00	313.50	302.61	302.52

Dick's Sporting Goods Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Dick's Sporting Goods (NYSE:DKS) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

Dick's Sporting Goods Intangible Assets Related Terms

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Dick's Sporting Goods (Dick's Sporting Goods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dick's Sporting Goods Inc (NYSE:DKS) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

DSG:Germany DSG:Germany

Address

345 Court Street, Coraopolis, PA, USA, 15108

Website

https://www.dickssportinggoods.com

Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 135 specialty stores under the Golf Galaxy, Moosejaw, and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.

Executives

Lawrence J Schorr	director	200 PLAZA DRIVE, VESTAL NY 13850
Vladimir Rak	officer: EVP, Chief Technology Officer	345 COURT STREET, CORAOPOLIS PA 15108
Julie Lodge-jarrett	officer: SVP, Chief People Officer	345 COURT STREET, CORAOPOLIS PA 15108
Larry Jr. Fitzgerald	director	345 COURT STREET, CORAOPOLIS PA 15108
Robert W. Eddy	director	350 CAMPUS DRIVE, MARLBOROUGH MA 01752
William Colombo Trustee U/a Dtd 10/05/2020 Edward W Stack Non-grantor Trust	10 percent owner	345 COURT STREET, CORAOPOLIS PA 15108
William J Colombo	director
Sandeep Mathrani	director
Navdeep Gupta	officer: See Remarks	345 COURT STREET, CORAOPOLIS PA 15108
Hayes John Edward Iii	officer: SVP, General Counsel	345 COURT STREET, CORAOPOLIS PA 15108
Mark J Barrenechea	director	C/O SILICON GRAPHICS INTERNATIONAL CORP, 46600 LANDING PARKWAY, FREMONT CA 94538
Anne Fink	director	345 COURT STREET, CORAOPOLIS PA 15108
Lauren R Hobart	officer: SVP & Chief Marketing Officer	345 COURT STREET, CORAOPOLIS PA 15275
Edward W Stack	director, 10 percent owner, officer: Chairman & CEO	345 COURT STREET, CORAOPOLIS PA 15108
Sliva Raymond A. Jr.	officer: EVP, Stores	345 COURT STREET, CORAOPOLIS PA 15108