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Steiner Leisure (Steiner Leisure) Intangible Assets : $187.8 Mil (As of Sep. 2015)


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What is Steiner Leisure Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Steiner Leisure's intangible assets for the quarter that ended in Sep. 2015 was $187.8 Mil.


Steiner Leisure Intangible Assets Historical Data

The historical data trend for Steiner Leisure'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.

* Premium members only.

Steiner Leisure Intangible Assets Chart

Steiner Leisure Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.81 419.15 417.74 416.65 218.00

Steiner Leisure Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 415.94 218.00 217.76 217.54 187.80

Steiner Leisure 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.


Steiner Leisure  (NAS:STNR) 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.


Steiner Leisure Intangible Assets Related Terms

Thank you for viewing the detailed overview of Steiner Leisure's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Steiner Leisure (Steiner Leisure) Business Description

Traded in Other Exchanges
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Address
Steiner Leisure Ltd was incorporated in the Bahamas on November 1995. The Company is engaged in the service of traditional and alternative massage, body and skin treatment options, fitness, acupuncture, medi-spa treatments and laser hair removal. It also develops and markets premium quality beauty products, which are sold at the Company's facilities, through e-commerce and through third-party retail outlets and other channels, and operates post-secondary schools offering massage therapy and related courses. The Company serves cruise ships and third-party land-based venues namely Caesars Entertainment, Carnival Cruise Lines, Costa Cruises, Crystal Cruises, Cunard Cruise Line, Hilton Hotels, Holland America Line, among others. As of February 1, 2014, the Company served 156 cruise ships representing 18 cruise lines, and operated 52 resort spas, 11 urban hotel spas, five day spas and 109 Ideal Image centers. The Company also operates 12 post-secondary schools, comprised of a total of 32 campuses located in Arizona, Colorado, Connecticut, Florida, Illinois, Maryland, Massachusetts, Nevada, New Jersey, Pennsylvania, Texas, Utah, Virginia and Washington. The Company provides shipboard services in treatment and fitness facilities located on cruise ships. Its services include massages, facials, microdermabrasion, waxing, aromatherapy treatments, seaweed wraps, aerobic exercise, yoga, Pilates, hair styling, manicures, pedicures and teeth whitening, as well as other beauty and body treatments and services, acupuncture and medi-spa services such as BOTOX Cosmetic, Dysport, Restylane and Perlane. The products sold by the Company include beauty preparations such as lotions aimed at reducing the appearance of aging on skin, aromatherapy oils, cleansers and creams and other facial and skin care preparations, hair care products, moisturizers and lotions, nail care products, footwear and shapewear, including products under the Steiner and Mandara names. The Company sells the products through, among other channels, e-commerce, catalogs, on board the ships, at land-based spas, through department stores and third-party retail outlets and distributors, as well as through salons, mail order and websites, including www.timetospa.com, www.timetospa.co.uk, www.blissworld.com, www.blisslondon.co.uk and www.bodyworkmall.com. The Company operates its business through four reportable segments: Spa Operations, Products, Schools and Laser Hair Removal. Through its Spa Operations segment, it offers massages and a variety of other body treatments, as well as a broad variety of beauty treatments to women, men and teenagers on cruise ships and at land-based spas. As of February 1, 2014, it provided its spa services on 156 ships and at a total of 63 hotel spas located in the United States, the Caribbean, Asia, the Pacific and other locations, and at its day spas in New York City, Coral Gables and London. Through the Products segment, it develops and sells beauty pro
Executives
Robert Lazar officer: VP - Finance and CAO 770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
Cynthia R Cohen director 1401 BRICKELL AVENUE, SUITE 640, C/O STRATEGIC MINDSHARE, MIAMI FL 33131
Denise Dickins director 1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406
David Harris director 237 PARK AVENUE - SUITE 900, NEW YORK NY 10017
Leonard I Fluxman director, officer: President & CEO STEINER LEISURE LIMITED, 770 S DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Stephen Lazarus officer: COO & CFO C/O STEINER MANAGEMENT SERVICES, 770 S. DIXIE HWY. #200, CORAL GABLES FL 33145
Glenn Fusfield officer: Pres & COO- Steiner Transocean STEINER LEISURE LTD, 770 SOUTH DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
Steiner Leisure Ltd officer: EVP - Steiner Education Group STE 104A, SAFFREY SQ, NASSAU C5 00000

Steiner Leisure (Steiner Leisure) Headlines

From GuruFocus

Steiner Leisure Ltd. (STNR) Chairman Clive E Warshaw sells 14,600 Shares

By GuruFocus Research GuruFocus Editor 12-16-2009

Steiner Leisure Ltd. (STNR) Chairman Clive E Warshaw sells 23,382 Shares

By GuruFocus Research GuruFocus Editor 03-10-2010

Diamond Hill Capital Sells Portion of Stake in Steiner Leisure

By David Goodloe David Goodloe 10-14-2015

Steiner Leisure Ltd. (STNR) Chairman Clive E Warshaw sells 10,000 Shares

By GuruFocus Research GuruFocus Editor 11-21-2009

Steiner Leisure Ltd. (STNR) President & CEO Leonard I Fluxman sells 15,000 Shares

By GuruFocus Research GuruFocus Editor 12-16-2010