Sentences with phrase «of a net loss on»

Non-interest income was up 47 %, primarily due to the influence of net losses on securities last year and gains on the sale of residential mortgages in the current period.

Not exact matches

In the opinion of the Company's management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development on incurred claims and claim adjustment expenses, net and core income (loss), and changes in claims and claim adjustment expense reserve levels from period to period.

In the opinion of the Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserves.

Debt - to - capital ratio excluding net unrealized gain on investments, net of tax, included in shareholders» equity, is the ratio of debt to total capitalization excluding the after - tax impact of net unrealized investment gains and losses included in shareholders» equity.

The company posted revenue of $ 52.8 billion in 2016 on net loss of $ 5 million.

The net loss was primarily because of a $ 21 million impairment charge on intangible assets, as well as higher costs and expenses for some of its games.

On a non-GAAP basis (excluding stock - based compensation expenses, amortization of intangible assets, reorganization costs, goodwill and technology impairment charges, the impact of the US tax reform and a loss from discontinued operations), net loss for the fourth quarter was $ (798,000), or $ (0.26) per diluted share, compared with a net loss of $ (432,000), or $ (0.15) per diluted share, for the fourth quarter of 2016.

On a non-GAAP basis (excluding stock - based compensation expenses, amortization of intangible assets, reorganization costs, goodwill and technology impairment charges, the impact of the US tax reform and a loss from discontinued operations), the Company recorded a net loss of $ (1.6) million, or $ (0.54) per diluted share in 2017, compared with a net loss of $ (375,000), or $ (0.13) per diluted share in 2016.

Diversified business Mineral Resources has increased the size of its dividend payout on the back of an improved underlying profit and despite a statutory net loss.

Iron ore miner BC Iron has fallen into the red with a net loss of $ 158.5 million for the financial year, on the back of impairments and falling commodity prices, and has declared no dividend payout.

Emeco Holdings has reported a net loss of $ 21.6 million, down from a $ 28.5 million profit last year, following a series of downgrades and write - downs on the back of a slowdown in the mining sector.

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.

Diversified miner Independence Group has booked a $ 58.8 million net loss for the 2016 financial year, on the back of acquisition costs and lower commodity prices.

Macmahon Holdings has reported a net loss of $ 217.9 million for the financial year, on the back of impairments to its assets during what has been a tough time for contractors and mining services firms.

Marine services company MMA Offshore's net loss has widened to $ 144 million on the back of a previously flagged impairment and reduced activity in the oil and gas sector.

Euroz has halved its dividend after recording a $ 7.1 million net loss for the 2015 financial year, on the back of poor performance in its investment arm and modest profits in its stockbroking division.

The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.

«The disappointing performance in export activity suggests that the loss of export competitiveness from the strong dollar and the weak global backdrop are becoming a net drag on U.S. economic activity,» said Millan Mulraine, deputy chief economist at TD Securities in New York.

Troy Resources has become the latest Perth - based miner to take a financial hit on the back of a softer gold price, reporting a half - year net loss of $ 6.8 million.

In Monday's 10 - K filing, Longfin reported a net loss of nearly $ 26.4 million from its inception on Feb. 1, 2017, to Dec. 31, 2017.

The park posted a net loss of HK$ 148 million ($ 19 million) for the year, dropping into the red after three straight years of profits, Hong Kong's Legislative Council Panel on Economic Development said in a report released on Monday.

Barclays» net loss was # 1.92 billion, part of which was a one - off # 901 million charge on U.S. deferred tax assets.

On an adjusted basis, Air Canada (TSX: AC.B) beat expectations even though it posted a net loss for the quarter of $ 6 million, or two cents per share.

«If there are any negative effects of low rates on net interest income in the future, they should be largely offset by the positive effects of monetary stimulus on the other main components of profitability, such as the quality of loans and therefore on loan - loss provisions,» Draghi added.

That compared with a net loss of $ 249 million, or 92 cents per diluted share, on revenue of $ 11.6 billion in 2011, which included a $ 55 - million charge related to Aveos.

Investors are not willing to put in money due to the uncertainty on the eventual impact of these claims in terms of costs and losses on profits and on the net worth,» Toschi added.

Uber considers adjusted earnings before taxes as a better indicator of its financial performance rather than net earnings based on Generally Accepted Accounting Principles, which include losses for accounting purposes.

The USPS reported a net loss of $ 2.7 billion on $ 69.6 billion in revenue in 2017.

Net losses (gains) on foreign exchange is primarily related to revaluation of foreign denominated assets and liabilities.

EBITDA is defined as earnings (net income or loss) before interest expense, net, (gain) loss on early extinguishment of debt, income tax (benefit) expense, and depreciation and amortization and is used by management to measure operating performance of the business.

There was red ink on the books in the fourth quarter of last year, with net losses that totalled $ 1 million.

Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from equity method investments, net of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projecNet Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from equity method investments, net of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projecnet income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from equity method investments, net of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projecnet of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projecnet, and (v) other specifically identified costs associated with non-recurring projects.

Net losses (gains) on disposal of assets, restaurant closures, and refranchisings represent sales of properties and other costs related to restaurant closures and refranchisings.

At the beginning of May the company announced that it saw a net realized gain on investments of $ 161 million versus a loss of $ 145 million the year before.

Snap posted first - quarter net losses of $ 2.2 billion, due primarily to $ 2 billion spent on stock - based compensation expenses after its March 2 initial public offering.

Instead, we would record a $ 2,000,000 write - off in our net worth as a capital loss on our shares of Southworth Hospitality, LLC.

While for the year ended March 2015, Paytm reported net loss of Rs 372 crore on Rs 323 crore in total revenues.

We find that the tariffs would result in a net loss of nearly 470,000 U.S. jobs after accounting for positive impacts on U.S. steel and aluminum producers.

Other Post-Retirement, Net represents the other components of net periodic pension costs not classified as Service Costs, Interest Costs, Expected Return on Plan Assets, Actuarial Gains \ Losses, Amortization of Unrecognized Prior Service Costs, Settlements, Curtailments, or Transition CosNet represents the other components of net periodic pension costs not classified as Service Costs, Interest Costs, Expected Return on Plan Assets, Actuarial Gains \ Losses, Amortization of Unrecognized Prior Service Costs, Settlements, Curtailments, or Transition Cosnet periodic pension costs not classified as Service Costs, Interest Costs, Expected Return on Plan Assets, Actuarial Gains \ Losses, Amortization of Unrecognized Prior Service Costs, Settlements, Curtailments, or Transition Costs.

On a GAAP basis, we expect revenue between $ 175 million and $ 200 million, net loss between negative $ 43 million and negative $ 14 million and GAAP loss per share between $ 0.02 and $ 0.05 based on the same share count of approximately 803 million to 813 million shareOn a GAAP basis, we expect revenue between $ 175 million and $ 200 million, net loss between negative $ 43 million and negative $ 14 million and GAAP loss per share between $ 0.02 and $ 0.05 based on the same share count of approximately 803 million to 813 million shareon the same share count of approximately 803 million to 813 million shares.

Air Canada, on the other hand, recorded a $ 260 - million net loss during the same period as it continues to reimagine its business, including the launch of a low - cost subsidiary called Rouge this summer.

There is now significant pressure on banks to deleverage their balance sheets, especially when you consider the banking system has had a significant increase in leverage caused by the net reduction in capital bases (losses of $ 380B exceed capital raises of $ 257B), as well as some banks being forced to buy - back assets from securitized vehicles which they sponsored.

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We find that the tariffs would result in a net loss of 146,000 U.S. jobs after accounting for positive impacts on U.S. steel and aluminum producers.

Currently, we do not expect the utilization of our net operating loss and tax credit carry - forwards to be materially affected as no significant limitations are expected to be placed on these carry - forwards as a result of our previous ownership changes.

HP includes gains or losses from changes in fair value of these securities, offset by losses or gains on the related liabilities, in Interest and other, net, in HP's Consolidated Condensed Statements of Earnings.

DENVER & MONTREAL --(BUSINESS WIRE)-- Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) today reported a U.S. GAAP net loss from continuing operations attributable to MCBC of $ 608.1 million on a pro forma basis for the fourth quarter, down from $ 6.7 million of net income a year ago.

Hong Kong's Cathay Pacific Airways on March 14 reported full - year net loss of HK$ 1.26 billion ($ 161 million), narrower than market expectations of a HK$ 2.15 billion loss.

Section 382 of the Internal Revenue Code, or Section 382, imposes limitations on a corporation's ability to utilize net operating losses, or NOLs, if it experiences an «ownership change.»

The Federal and State of California tax codes provide for restrictive limitations on the annual utilization of net operating losses to offset taxable income when the stock ownership of a company significantly changes, as defined.