The valuation is higher than most industrial stocks because of a better growth outlook,
not operating performance.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are
not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage
performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we
operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their
performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may
not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The Company considers EBITDA to be an important measure used to evaluate
operating performance, and the measure is frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the industry, but this figure should
not be considered in isolation.
However, non-GAAP net income (loss) and non-GAAP basic and diluted earnings (loss) per share are
not measures of financial
performance under GAAP and, accordingly, should
not be considered as alternatives to GAAP measures as indicators of
operating performance.
Management believes analysts and investors use Adjusted EBITDA as a supplemental measure to evaluate overall
operating performance and facilitate comparisons with other wireless communications companies because it is indicative of T - Mobile's ongoing
operating performance and trends by excluding the impact of interest expense from financing, non-cash depreciation and amortization from capital investments, non-cash stock - based compensation, network decommissioning costs as they are
not indicative of T - Mobile's ongoing
operating performance and certain other nonrecurring income and expenses.
If you do
not have that scale, you're
not operating at your optimal
performance.
«I feel like we as businesses have obligations to our employees, and part of that obligation is to help everyone understand what the environment that we're
operating in is like, to help everyone understand how our
performance relates to that environment, and to make clear that the business is
not a family.
The location - based services offered in connection with our Mobile App (s) or feature (s) are for individual use only and should
not be used or relied on as an emergency locator system, used while driving or
operating vehicles, or used in connection with any hazardous environments requiring fail - safe
performance, or any other situation in which the failure or inaccuracy of use of the location - based services could lead directly to death, personal injury, or severe physical or property damage.
FFO as Adjusted: A supplemental non-GAAP measure that the company believes is more reflective of its core
operating performance and provides investors and analysts an additional measure to compare the company's
performance across reporting periods on a consistent basis by excluding items that we do
not believe are indicative of our core
operating performance.
Adjusted Net Income and Adjusted Diluted EPS are used by management to evaluate the
operating performance of the business, excluding certain non-cash and other specifically identified items that management believes are
not relevant to management's assessment of
operating performance or the
performance of an acquired business.
Adjusted EBITDA is used by management to measure
operating performance of the business, excluding these non-cash and other specifically identified items that management believes are
not relevant to management's assessment of
operating performance or the
performance of an acquired business.
We have eliminated this expense from adjusted net income as it is non-cash in nature and is
not indicative of our ongoing
operating performance.
We may incur expenses in connection with acquisitions that are
not indicative of our recurring core
operating performance.
The
performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as
Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
Performance - Based Compensation depends shall relate to one or more of the following
Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit,
operating income,
operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but
not limited to
operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested
The Board considered pursuing, but decided
not to pursue, an alternative to include the prior service cost or credit component in the line item (s) reporting current employee compensation because this component is
not exclusively related to the current period's employee services and may add complexity to financial statement users» analyses of an entity's core
operating performance.
Under the Bonus Plan, our compensation committee, in its sole discretion, determines the
performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but
not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales,
operating cash flow,
operating expenses,
operating income,
operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return on assets, return on capital, return on equity, return on investment, return on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.
In a knowledge - based world, where many startups
operate, it's
not just about «what you do,» but rather «how you do it» that impacts both corporate and personal
performance.
But these metrics may
not be solely a reflection of a company's
operating performance.
As a result of these factors, we believe that quarter - to - quarter comparisons of our
operating results are
not necessarily meaningful and that these comparisons can
not be relied upon as indicators of future
performance.
Our common stock may be volatile or may decline regardless of our
operating performance, and you may
not be able to resell your shares at or above the initial public offering price.
Our business,
operating results, financial
performance, or prospects could also be harmed by risks and uncertainties
not currently known to us or that we currently do
not believe are material.
The Adviser of the Gold and Precious Metals Fund has voluntarily limited total fund
operating expenses (exclusive of acquired fund fees and expenses of 0.07 %, extraordinary expenses, taxes, brokerage commissions and interest, and advisory fee
performance adjustments) to
not exceed 1.90 %.
There has been no prior public market for our Class A common stock, the stock price of our Class A common stock may be volatile or may decline regardless of our
operating performance, and you may
not be able to resell your shares at or above the initial public offering price.
The market price of our Class A common stock may be volatile or may decline steeply or suddenly regardless of our
operating performance and we may
not be able to meet investor or analyst expectations.
The Adviser of the World Precious Minerals Fund has voluntarily limited total fund
operating expenses (exclusive of acquired fund fees and expenses of 0.11 %, extraordinary expenses, taxes, brokerage commissions and interest, and advisory fee
performance adjustments) to
not exceed 1.90 %.
The market price of our common stock following this offering will depend on a number of factors many of which are beyond our control and may
not be related to our
operating performance.
It may
not be able to raise capital and because the equity is a relatively small portion of the capitalization, very small movements in the
operating performance of that business can have a damaging impact on the equity value.»
If good
performance of the fund is even a minor objective, any portfolio encompassing one hundred stocks is
not being
operated logically.
On the other hand, the company's
operating performance for 2016 isn't likely to get investors terribly excited.
The AFFO calculation removes the non-cash impact of real estate depreciation and amortization and property sale gains or losses to net income, while adjusting for other unique revenue and expense items that are
not pertinent to measuring ongoing
operating performance.
These forward - looking statements include, but are
not limited to, statements regarding the anticipated timing, structure, benefits and tax treatment of the proposed separation of NHF's multifamily real estate assets and its other investments, and future financing plans, growth prospects and
operating and financial
performance.
Note on forward - looking statements: This press release contains «forward - looking statements» within the meaning of federal securities laws, including the information concerning possible or assumed future results of operations, business strategies, financing plans, potential growth opportunities, potential
operating performance improvements, benefits resulting from the separation of Marriott International and Marriott Vacations Worldwide, and similar statements concerning anticipated future events and expectations that are
not historical facts.
We focus on continuous improvement in our environmental
performance everywhere we
operate, to provide products that are
not only tastier and healthier but that are better for the environment along their entire value chain.
part of that is an owner and board who put their profits way above the
performance of the team but it is also a manager who conforms to the wishes of the board (and for all I know may have an ownership stake as well) by putting their short term interests above the long term
performance of the team as a result the team itself has become corrupted by the regime through insufficient investment in upgrading the team (all the more damaging as the environment in which the team
operates has become increasingly competitive) with ocassional panic acquisitions to meet minimal (but ever diminishing)
performance targets to keep fans on board the result is a massively unbalanced team of overpaid compliant players who have been around for too long, inexperienced (and also overpaid) young players who have
not cost the club much (or anything) and small islands of quality players..
«You don't have to have provisions of the law that build in formulas that are divorced from
performance, from economic realities, from the fiscal conditions in which things are
operating.
A full 512 - qubit
performance would leave rivals in the dust, but D - Wave doesn't worry about being able to address each qubit individually, with having all the qubits entangled together or even
operating properly as Josephson junctions.
«I come from a professional sports background where
performance is about how your body
operates,
not how you look,» she says.
Be kind to your energy generator, because you can
not operate at peak
performance if your fuel tank is empty.
And it's fascinating the way that Buscemi — in his first starring
performance for the Coens after three consecutive bit parts — so often
operates as our interlocutor in the film: the «sane» one despite his criminality, untouched by the weirdness of «Minnesota Nice,» who merely wants everything to go as planned, and who bit by bit comes violently unglued as it doesn't.
Günther Bachmann (Philip Seymour Hoffman, in his final lead
performance), though,
operates in an apparatus that either can
not afford or is unwilling to see the world in grayscale.
Others have suggested leaving a government -
operated school system intact, but putting different people — mayors, [3] appointed boards, or state officials [4]-- in charge and using
performance standards to focus the attention of educators on student learning,
not distracting rules.
However, it is important to note that the complications associated with being a new school can
not fully explain the poor average
performance of charter schools: the negative effects of attending a charter school in North Carolina remain greater than.10 standard deviations in both subjects, even for schools that have been
operating for five years (see Figure 3a and 3b).
But in most cities, charters
operate outside the district, so TUDA isn't capturing the independent charter sector's
performance.
«I don't think we're going to learn a lot by looking at states with only six charter schools that started last year,» she says, noting that in their first year or two, charter schools can be «oddball» places,
operating out of makeshift facilities and populated by students whose parents are either very experimental or desperate to improve their child's failing
performance.
Private Schools:
operate privately, funded by private money through tuition and donations,
not required to follow same accountability measures as traditional public schools and may discriminate based on race, ethnicity, academic
performance and religion.
NASSP recommends that principal
performance be based on multiple measures that are objective, take into account the context in which a principal
operates the school, and are
not limited to student
performance indicators (NASSP, 2011).
Students are eligible for the program if the student's resident district is
not a school district in which the pilot project scholarship program is
operating and the student satisfies one of the following conditions: the student attends a local public school that has received a grade D or F by the state's
performance index score, the student is assigned to a community school but would otherwise be assigned to a qualifying school, the student attends a local public school that was ranked in the lowest 10 percent of public schools in two of the three most recent rankings and the public school was
not declared to be excellent or effective in the most recent rating system, or the student is enrolling in grades K — 12 for the first time and would be assigned to a qualifying school as long as they are at least 5 years old by Jan. 1 of the school year.
According to the state's request, NCLB's goal of 100 percent proficiency by 2014 makes
operating schools difficult because Michigan would have to raise
performance targets to make that goal — a move that would penalize more and more schools that don't meet the rising grades.
But overall
performance hasn't improved since CREDO's 2009 Ohio study, and is particularly weighed down by woefully deficient results in the roughly half of Ohio charters
operated by charter - management organizations.
(e) The board shall establish the information needed in an application for the approval of a charter school; provided that the application shall include, but
not be limited to, a description of: (i) the mission, purpose, innovation and specialized focus of the proposed charter school; (ii) the innovative methods to be used in the charter school and how they differ from the district or districts from which the charter school is expected to enroll students; (iii) the organization of the school by ages of students or grades to be taught, an estimate of the total enrollment of the school and the district or districts from which the school will enroll students; (iv) the method for admission to the charter school; (v) the educational program, instructional methodology and services to be offered to students, including research on how the proposed program may improve the academic
performance of the subgroups listed in the recruitment and retention plan; (vi) the school's capacity to address the particular needs of limited English - proficient students, if applicable, to learn English and learn content matter, including the employment of staff that meets the criteria established by the department; (vii) how the school shall involve parents as partners in the education of their children; (viii) the school governance and bylaws; (ix) a proposed arrangement or contract with an organization that shall manage or
operate the school, including any proposed or agreed upon payments to such organization; (x) the financial plan for the operation of the school; (xi) the provision of school facilities and pupil transportation; (xii) the number and qualifications of teachers and administrators to be employed; (xiii) procedures for evaluation and professional development for teachers and administrators; (xiv) a statement of equal educational opportunity which shall state that charter schools shall be open to all students, on a space available basis, and shall
not discriminate on the basis of race, color, national origin, creed, sex, gender identity, ethnicity, sexual orientation, mental or physical disability, age, ancestry, athletic
performance, special need, proficiency in the English language or academic achievement; (xv) a student recruitment and retention plan, including deliberate, specific strategies the school will use to ensure the provision of equal educational opportunity as stated in clause (xiv) and to attract, enroll and retain a student population that, when compared to students in similar grades in schools from which the charter school is expected to enroll students, contains a comparable academic and demographic profile; and (xvi) plans for disseminating successes and innovations of the charter school to other non-charter public schools.