In addition, since Hatteras is focused largely on adjustable rate mortgages, there is a difference in the companies»
underlying business operations.
Not exact matches
We report our financial results in accordance with GAAP, but believe that certain non-GAAP financial measures provide useful supplemental information to investors regarding the
underlying business trends and performance of our ongoing
operations and are useful for period - over-period comparisons of those
operations.
While management believes that these non-GAAP adjusted financial measures provide useful supplemental information to investors regarding the
underlying performance of the company's
business operations, investors are reminded to consider these non-GAAP measures in addition to, and not as a substitute for, financial performance measures prepared in accordance with GAAP.
We believe it is useful to exclude non-cash charges, such as depreciation and amortization and share - based compensation expenses, from our Adjusted EBITDA because the amount of such expenses in any specific period may not directly correlate to the
underlying performance of our
business operations.
Adjusted income (loss) from
operations is a measure of profitability used by Cigna's management because it presents the
underlying results of
operations of Cigna's
businesses and permits analysis of trends in
underlying revenue, expenses and shareholders» net income.
The International segment reported a loss from continuing
operations before income taxes of $ 1.3 million on a US GAAP basis and an
underlying pretax loss of $ 1.0 million in the fourth quarter, versus a loss of $ 5.1 million for both measures a year ago, driven by the addition of the Miller brands, volume growth and positive pricing in Latin America and Australia, cost savings in MG&A, and cycling the substantial restructure of our China
business in 2015.
Therefore, the task of the
business school is to provide the student with the opportunity to obtain a broad knowledge of the concepts
underlying the
operation and management of organizations.
Management uses these non-GAAP financial measures to assist in comparing the Company's performance on a consistent basis for purposes of
business decision making by removing the impact of certain items that management believes do not directly reflect the Company's
underlying operations.
It is presented here to provide greater understanding of the
underlying business performance of the Group's
operations attributable to the owners of Rio Tinto.
Shuffling superintendents in and out of leadership isn't a school reform strategy; contracting out school
operations also doesn't work when there is no
underlying plan for overhauling how the district does
business.
While the
underlying operations are very diverse (i.e. railroads, utilities, carpet manufacturers, and even Dairy Queen), the
businesses tend to share a common characteristic in that almost all maintain leading market share for either their industry or their geography.
This emphasis on earnings from
operations as reported and on perceptions of growth by analysts and money managers permitted these people to ignore rather completely other factors that tend to be extremely important in any balanced analysis for which GAAP is useful: e.g., strength of financial positions; understanding the
underlying business; and appraising management not only as operators and stock promoters, but also as investors of corporate assets and financiers of
businesses.
«They utilize cutting - edge
business practices to enhance nearly every aspect of daily hospital
operations, supporting the
underlying foundation of quality care while accelerating financial success.
Adjusted Operating Earnings Adjusted operating earnings is the measure used for management purposes to highlight the Company's results from ongoing
operations and the
underlying profitability of our
business.