Sentences with phrase «of net operating losses»

Tax issues, including income from the discharge of indebtedness, income - tax consequences of debt modifications and the preservation and exploitation of net operating losses.

VXGN has now also attracted the attention of BA Value Investors, which has disclosed an activist holding and called on VXGN to «act promptly to reduce the size of the board to three directors; reduce director compensation; change to a smaller audit firm; terminate the lease of its facilities; otherwise cut costs; make an immediate $ 10 million distribution to shareholders; make a subsequent distribution of substantially all the remaining cash after settling the lease termination; distribute any royalty income to shareholders; and explore ways to monetize the public company value of the Issuer and use of its net operating losses.»

BA Value Investors had previously disclosed an activist holding and, in a June 12 letter to the board, called on VXGN to «act promptly to reduce the size of the board to three directors; reduce director compensation; change to a smaller audit firm; terminate the lease of its facilities; otherwise cut costs; make an immediate $ 10 million distribution to shareholders; make a subsequent distribution of substantially all the remaining cash after settling the lease termination; distribute any royalty income to shareholders; and explore ways to monetize the public company value of the Issuer and use of its net operating losses.»

BA Value Investors has disclosed a 5.1 % holding in VaxGen Inc (OTC: VXGN) and, in a letter to the board of directors, called on VXGN to «act promptly to reduce the size of the board to three directors; reduce director compensation; change to a smaller audit firm; terminate the lease of its facilities; otherwise cut costs; make an immediate $ 10 million distribution to shareholders; make a subsequent distribution of substantially all the remaining cash after settling the lease termination; distribute any royalty income to shareholders; and explore ways to monetize the public company value of the Issuer and use of its net operating losses.»

These provisions are partially offset by tax base - broadening provisions, including reducing the limit on interest deductions ($ 172 billion), eliminating the domestic production activities deduction ($ 95 billion), limiting carryover of net operating losses ($ 156 billion), eliminating the orphan drug tax credit ($ 54 billion), and eliminating private activity bonds ($ 39 billion).

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.

According to Mr. Mitnick, Mr. Trump's use of net operating losses was no different from that of his other wealthy clients.

The AMT also has special rules for the treatment of net operating losses and depreciation.

We offset our federal and state taxable income through the utilization of net operating loss carryforwards.

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.

Our current business strategy is to enhance stockholder value by pursuing opportunities to redeploy our assets through an acquisition of one or more operating businesses with existing or prospective taxable earnings that can be offset by use of our net operating loss carry - forwards («NOLs»).

The other favorite tools of value investors are open market repurchases (12.12 %), the presence of net operating loss assets (5.29 %), restructuring and spin - off situations (5.12 %), and insider trading activity (4.70 %).

It currently highlights the US tax reform's impact on M&A and transactional rules, including the status of the Net Operating Loss on private equity transactions before year - end, as well as unsettled questions related to the choice of entity.

«(A) in determining the amount of the net operating loss deduction under section 172 of such shareholder for such taxable year, or

An important revenue raiser for the government in House Speaker Paul Ryan's 2016 proposals is the repeal of the net operating loss (NOL) carryback.

Not exact matches

In coal, many of the largest companies, including Peabody Energy Corp. and Arch Coal Inc., won't benefit from the rate cut because they have large net operating losses, according to Daniel Scott, an analyst at MKM Partners LLC.

Some of these measures exclude net realized investment gains (losses), net of tax, and / or net unrealized investment gains (losses), net of tax, included in shareholders» equity, which can be significantly impacted by both discretionary and other economic factors and are not necessarily indicative of operating trends.

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.

Most small businesses end up with net operating losses (NOL) during the first few years of operation.

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.

Still, 2012 net income of $ 376 million came only thanks to one - time gains, masking an operating loss of $ 107 million.

During Channel's start - up phase, the company accumulated enough net - operating - loss carry - forwards to deduct against three years» worth of revenues.

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.

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.

Yandex's Russian operating subsidiaries» functional currency is the Russian ruble, and therefore changes due to exchange rate fluctuations in the ruble value of these subsidiaries» monetary assets and liabilities that are denominated in other currencies are recognized as foreign exchange gains or losses within the Other loss, net line in the condensed consolidated statements of income.

This press release contains forward - looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements related to our expectations regarding: GAAP net revenue, GAAP gross margins, GAAP operating expenses, GAAP operating loss, GAAP tax expense, GAAP EPS, non-GAAP revenue, non-GAAP gross margins, non-GAAP operating expenses, non-GAAP operating income (loss), non-GAAP tax rate, non-GAAP EPS, share count and cash.

The non-GAAP measures presented here are: revenue, gross profit, operating expenses, income (loss) from operations, non-operating expenses and net income (loss)(including those amounts as a percentage of revenue), and net income (loss) per diluted share.

Both companies are operating at a loss, and it's likely that investors are losing patience with promising tech companies that don't turn a profit, according to Mark McComsey, chief investment officer of Beverly Hills Wealth Management, a financial advisory firm catering to high net worth people and entrepreneurs, based in Los Angeles.

Adjusted consolidated net operating income1 was $ 57.5 million, or $ 1.10 per diluted share, for the first quarter of 2018, compared to a loss of $ 3.9 million, or $ 0.08 per diluted share, for the first quarter of 2017.

The Property & Casualty Insurance segment reported net operating income of $ 36.0 million in the first quarter of 2018, compared to a loss of $ 22.1 million in 2017.

The [net operating losses] will still shield the same amount of income, and the cash taxes paid will be the same.

The company saw net sales drop 31 percent compared with the same quarter last year, from $ 853 million to $ 587 million, while it saw an operating loss of $ 48 million.

DDR Corp says operating funds from operations attributable to common shareholders was $ 108.8 million, or $ 0.30 per diluted share for Q2.DDR Corp sees 2017 expected interest income of $ 26 million to $ 29 million.Q2 earnings per share view $ 0.00 — Thomson Reuters I / B / E / S.Q2 FFO per share view $ 0.28 — Thomson Reuters I / B / E / S.Expected annual growth in same store net operating income range for co's total portfolio is loss of 1.5 % to growth of 0.0 %.

Under Sections 382 and 383 of the Internal Revenue Code of 1986, as amended, or the Code, if a corporation undergoes an «ownership change,» the corporation's ability to use its pre-change net operating loss carryforwards and other pre-change tax attributes, such as research tax credits, to offset its post-change income and taxes may be limited.

As of December 31, 2012, we had U.S. federal net operating loss carryforwards of approximately $ 298.8 million and state net operating loss carryforwards of approximately $ 216.7 million.

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.»

Cash provided by operating activities for the nine month period ended September 30, 2013 was $ 128.5 million, and consisted of a net loss of $ 134.4 million, adjusted for certain non-cash items of $ 120.1 million and cash provided by working capital and other activities of $ 142.8 million.

As of June 7, 2017, the Company had net operating losses for Federal and State of California reporting purposes of approximately $ 750,000, which expire in 2037.

In the event that it is determined that we have in the past experienced an ownership change, or if we experience one or more ownership changes as a result of this offering or future transactions in our stock, then we may be limited in our ability to use our net operating loss carryforwards and other tax assets to reduce taxes owed on the net taxable income that we earn.

Deferred tax assets relate primarily to net operating losses acquired as part of certain acquisitions.

«we now have a historical past of net losses, count on increasing our operating fees in the future, and can not achieve or sustain profitability,» warned the requisite chance elements element of the filing.

The components of net operating income consist of potential rental income, vacancy and credit losses, other income, and operating expenses.

Sales fell 65 % to $ 33m and the company posted an operating loss of $ 4.4 m. Part of its $ 14m net cash is funding the commercialisation of new products.

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.

$ 155 million to $ 160 million $ 690 million to $ 700 million Operating income $ 175 million to $ 200 million $ 925 million to $ 985 million Gains and other income Approx $ 5 million Approx $ 10 million Net interest expense1 Approx $ 35 million Approx $ 150 million Equity in earnings (losses) Approx ($ 5) million Approx ($ 10) million Earnings per share $ 0.24 to $ 0.28 $ 1.35 to $ 1.45 Tax rate 34.0 percent 1 Net of interest income

Long - term investors should pay strict attention to a company's overall returns on invested capital (net operating profits as a percentage of ALL the capital tied up in the company) and the incremental gains or losses that occur.

Though a $ 5.1 billion writedown of its Canadian operations led to a net loss, Target's operating profit exceeded projections.

High interest payments impacted on operating profits in its 2010 financial year, leaving Findus with a net loss of # 151.6 million.

GE had net operating losses at the height of the financial crisis that federal law allows them — and every other corporate taxpayer — to carry over to subsequent tax years so as not to unfairly burden it with the calendar set by bureaucracy.

Operating income fell to $ 676 million, from $ 862 million in 2011, and the company saw a net loss of $ 39 million, compared to net income of $ 631 million in 2011.