Sentences with phrase «of no net loss as»

Not exact matches

The company recorded a net loss of $ 93 million in the first quarter, but Toutant believes it'll make up for the rocky start as the company continues its big push to expand in the United States.

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.

For SAP, the loss and LAE ratio is the ratio of incurred losses and loss adjustment expenses less certain administrative services fee income to net earned premiums as defined in the statutory financial statements required by insurance regulators.

Net income of $ 669 million after - tax increased $ 52 million due to higher core income, partially offset by net realized investment losses as compared to net realized investment gains in the prior year quartNet income of $ 669 million after - tax increased $ 52 million due to higher core income, partially offset by net realized investment losses as compared to net realized investment gains in the prior year quartnet realized investment losses as compared to net realized investment gains in the prior year quartnet realized investment gains in the prior year quarter.

Travelers, which is seen as a bellwether for the insurance sector, said catastrophe losses, net of reinsurance, widened 2 percent to $ 354 million in the first quarter.

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.

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.

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.

The household name had logged four consecutive years of consolidated net losses, punished by the global financial crisis in 2008 and losses in its consumer product divisions such as the flat - panel TV units.

Programmed Maintenance Services has returned an annual net loss as a result of lower demand for marine services following the steep drop in oil and gas prices.

As of December 31, 2015, his brokerage account had a net loss of $ 25 million, the complaint said.

As a reminder, Tesla reported in the fourth quarter a net loss of $ 675.4 million, which widened from $ 121.3 million a year earlier.

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.

As fans mourned the loss of the 91 - year - old cultural icon while others were critical of his exploits, speculation began almost immediately over who would inherit the magnate's remaining fortune, with several publications estimating Hefner's net worth at upwards of $ 45 million.

It is seeking government funding and incentives as well as wage concessions to save the unit, which just posted an annual net loss of $ 1.1 billion, its fourth straight year in the red.

The vow came as the Calgary - based company blamed clogged export pipelines for its worst heavy oil price discounts in five years during the first three months of 2018, contributing to a higher - than - expected $ 914 - million net loss in the first quarter.

Population growth rates have fallen in Western Australia and across the country as a whole, with WA experiencing a sharp drop in overseas migration and a net loss of people through interstate movements.

«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.

Ride - hailing giant Uber's full - year net loss widened to $ 4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the theft of trade secrets and the replacement of its CEO.

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 results also showed that Uber cut its fourth - quarter net loss by 25 per cent from the third quarter as new CEO Dara Khosrowshahi moves to make the company profitable ahead of a planned initial public stock offering sometime next year.

The troubled retailer, which earlier this year recognized there are doubts in the stock market about its future as an ongoing entity, expects a net loss of between $ 525 million and $ 595 million, compared with a $ 748 million loss in the same period last year.

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.

As part of your qualification process, you'll want to ask each prospect to complete a personal net worth statement that shows where their investment dollars will be coming from and secondary sources of income that may help them support any initial losses during startup.

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.

This press release includes a discussion of net loss and loss per share adjusted for non-cash tax - related valuation allowances as identified in the reconciliations provided below.

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.

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.

There may be too many count and we have found that it is best to just value these as zero in net gains or losses, admitting that a surprise in value adjustments may come in periods of volatility.

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.

Net loss for the third quarter of fiscal 2018 was $ 3.8 million, or -0.05 per share, as compared to the net loss for the third quarter of fiscal 2017 of $ 2.6 million, or - $ 0.04 per shaNet loss for the third quarter of fiscal 2018 was $ 3.8 million, or -0.05 per share, as compared to the net loss for the third quarter of fiscal 2017 of $ 2.6 million, or - $ 0.04 per shanet loss for the third quarter of fiscal 2017 of $ 2.6 million, or - $ 0.04 per share.

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.

You may treat as ordinary loss any excess of the adjusted basis of the stock over its fair market value at the end of the year, but only to the extent of the net amount previously included in income as a result of the election in prior years.

Info Edge (India) Ltd has reported a more than doubling of net profit for the fiscal second quarter, as earnings from the Naukri.com hiring services business jumped and losses at its 99acres.com real - estate portal shrank.

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.

In contemplation of the Company's initial public offering, the Company has presented unaudited pro forma basic and diluted net loss per share of common stock, which has been calculated assuming the conversion of all series of the Company's convertible preferred stock (using the as - if converted method) into shares of common stock as though the conversion had occurred as of the beginning of the period or the original date of issuance, if later.

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.

Uber Technologies Inc.'s net loss widened to $ 1.46 billion in the third quarter, according to people with knowledge of the matter, as the ride - hailing leader struggled to fend off competition, legal challenges and regulatory scrutiny.

Virtually all of the improvement in the $ 4.9 billion deficit was due to «economic» factors ($ 4.7 billion), as the reprofiling of $ 1 billion of infrastructure funding from 2010 - 11 to 2011 - 12 slightly offset the net impact of the loss in the Government's sale of common equity in GM.

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.

In the years ended December 31, 2015 and 2016 our potential dilutive shares, such as stock options, RSUs, common stock subject to repurchase, and shares of convertible Series A, A-1, B, and C preferred stock were not included in the computation of diluted net loss per share as the effect of including these shares in the calculation would have been anti-dilutive.

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.

Controllable income (loss) is a non-GAAP financial measure defined as net income (loss) adjusted for items outside of management's control and non-recurring items.

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.

Adjusted EBITDA is defined as net income / (loss) from continuing operations before interest expense, other expense / (income), net, provision for / (benefit from) income taxes; in addition to these adjustments, the Company excludes, when they occur, the impacts of depreciation and amortization (excluding integration and restructuring expenses)(including amortization of postretirement benefit plans prior service credits), integration and restructuring expenses, merger costs, unrealized losses / (gains) on commodity hedges, impairment losses, losses / (gains) on the sale of a business, nonmonetary currency devaluation (e.g., remeasurement gains and losses), and equity award compensation expense (excluding integration and restructuring expenses).

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.

Controllable income is a non-GAAP financial measure defined as net (loss) income adjusted for items outside of management's control and non-recurring items.

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