Sentences with phrase «asset impairment»

This is due to long lived asset impairment charge of $ 501 million, a $ 57 million goodwill impairment charge and $ 41 million inventory - related charge.

Earnings, adjusted for asset impairment costs, came to 71 cents per share.

The year - earlier loss included asset impairments at Pascua - Lama, a development project on the Chile - Argentina border that has been stalled by environmental issues.

Excluding asset impairment and restructuring costs, Coke earned 50 cents per share, up 2 percent from a year earlier and ahead of analysts» estimates of 49 cents a share.

In 2017, Votorantim posted net income of 810 million reais ($ 242 million), compared with a loss of 1.3 billion reais the year before due to a large asset impairment.

The company also said it anticipates recording non-cash intangible asset impairment charges, including goodwill, in the range of $ 230 million to $ 260 million on certain currently marketed and pipeline generic products as a result of continued intense competitive and pricing pressures.

That bottom line included a non-cash asset impairment charge of $ 46 million, and a restructuring charge of $ 34 million.

Woolworths» bottom line net profit rebounded to $ 1.53 billion compared with a loss of $ 1.23 billion in 2016, when the retailer booked $ 4 billion in pre-tax asset impairments and restructuring costs on Big W and the now defunct Masters home improvement business.

Non-operating income dipped almost 80 percent to NT$ 178 million last quarter from NT$ 879 million a quarter earlier, because of lower patent royalty income and asset impairment due to the New Taiwan dollar's appreciation versus the world's major currencies.

So, let's take a trip to Bizarro - world, where companies never have to do asset impairment, ever.

In addition to the multitude of goodwill writedowns and asset impairments which occurred over the decade, it was believed that the Gateway, Memphis, and Nashville tracks collectively operated at a $ 5 - $ 6 million annual loss and had never been profitable.

Excluding asset impairment and other charges and related tax adjustments, GameStop's adjusted net income for the fourth quarter was $ 205.0 million, compared to adjusted net income of $ 243.8 million in the prior - year quarter.

In this case, large asset impairments and negative earnings have weighed on the company.

Oil pricing led to the company posting $ 469 million in risk management losses and poor natural gas prices forced it to record a non-cash $ 100 - million asset impairment charge for its Clearwater assets.

Adjustments to operating income, operating margin, net earnings, EPS, and EBITDA include items such as goodwill impairment charges, restructuring charges, asset impairments, merger and acquisitions costs, and charges related to the divestiture of businesses

Gold miner Troy Resources has flagged a net loss of $ 59.1 million on the back of a $ 61.2 million asset impairment of its Karouni gold project in Guyana.

Asset impairment charges drove the Colorado - based outfit's net loss: The company recorded a pair of $ 2.1 billion write - downs on its Long Canyon mine in Nevada and its Boddington operations in Australia.

Our GAAP diluted EPS guidance does not include the effect of GAAP adjustments triggered by events that may occur subsequent to this press release such as acquisitions, asset impairments, litigation and changes in the fair value of our contingent consideration.

Excluding restructuring costs, asset impairments and the impact of U.S. tax reform, adjusted earnings were $ 48.6 million or 63 cents per share.

The company's sales were down 39 % year - over-year due in part to shuttered lines and in part to fewer project sales, but despite $ 18 million in restructuring and asset impairment charges, First Solar still pulled off a positive operating margin and a net profit of $ 52 million.

Also associated with these actions, the company anticipates one - time charges of approximately $ 160 million, or approximately 33 cents per share, (of which approximately $ 115 million is expected to be cash) to be booked in the fourth quarter of 2017 for restructuring activities, asset impairment, store closings and other costs.

First, the indemnity payments offered by the government may not be enough to avoid companies from generating zero to negative EBIDTA, to offset investment and asset impairments, and ultimately to generate enough cash for future investments and net income to continue paying dividends (which would be a severe blow particularly to preferred shareholders).

DD recorded an asset impairment charge of $ 129 million to write - down the carrying value of a group within the Electronics and Communications segment.

The primary component of the loss was a $ 29.8 million asset impairment charge in July 2012 related to a foreign operation entity that we distributed to our sponsor in the Reorganization.

The asset impairment charges resulting from this relocation are approximately $ 30 million, which are expected to be recorded in the fourth quarter of fiscal 2014.

These acquisitions resulted in a steady stream of asset impairments and goodwill writedowns of over $ 106 million between 2002 and mid-2009, and by 2005, only the Gateway and Memphis tracks remained part of Dover Motorsports.

Technology Brands GAAP operating loss was ($ 359.8) million due to $ 390.9 million ($ 258.5 million net of taxes) in asset impairment and other charges.

Excluding asset impairment and other charges and tax related adjustments, GameStop's adjusted net income for fiscal 2017 was $ 338.6 million, compared to adjusted net income of $ 390.9 million in fiscal 2016.

More significantly, the company reported a whopping $ 729 million in restructuring and asset impairments, which gave it a net loss of $ 765 million.