Sentences with phrase «valuation allowance in»

As Stuart mentioned, we reversed $ 403 million of our deferred tax asset valuation allowance in the second quarter of 2012.

Not exact matches

Excluding after - tax spectrum gains in Q1 2017 of $ 23 million and certain net tax benefits related to a valuation allowance release recognized in Q1 2017 of $ 270 million, net income and EPS increased $ 266 million and $ 0.30, respectively.

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.

The reversal of $ 403 million of our valuation allowance is presented as a benefit from income taxes in our income statement.

Changes to these uncertain tax positions and tax related valuation allowances made subsequent to the measurement period, or if they relate to facts and circumstances that did not exist at the acquisition date, are recorded in the Company's provision for income taxes in the consolidated statements of operations.

Changes to these uncertain tax positions and tax related valuation allowances made subsequent to the measurement period, or if they relate to facts and circumstances that did not exist at the acquisition date, are recorded in our provision for income taxes in our consolidated statement of operations.

In addition, as of December 31, 2007, 2008 and September 30, 2009, we had recorded a full valuation allowance on our United States net deferred tax assets as at this point we believe it is more likely than not that we will not achieve profitability and accordingly be able to use our deferred tax assets in the foreseeable futurIn addition, as of December 31, 2007, 2008 and September 30, 2009, we had recorded a full valuation allowance on our United States net deferred tax assets as at this point we believe it is more likely than not that we will not achieve profitability and accordingly be able to use our deferred tax assets in the foreseeable futurin the foreseeable future.

In the evaluation of the need for a valuation allowance, we considered transfer pricing and royalty arrangements and direct positive evidence of recent financial results of the acquisition subsidiary.

They're sitting on $ 7 mm in deferred tax assets which are not shown on the balance sheet because they're all reduced by an equivalent valuation allowance.

The Company's effective tax rate does not approximate the statutory United States federal income tax rate primarily due to the establishment of the valuation allowance and tax rate differentials in respect of United States state and foreign taxes.

Therefore, it is unclear whether any tax benefits would be immediately usable by Pride for the tax year in which the benefit ultimately relates, or even during the carryback or carryforward period allowed under U.S. tax law, but the fact that Pride does not record a valuation allowance against its existing U.S. deferred tax assets suggests that Pride expects future profitability to allow it to use its tax benefits at some point.

OTS regulation 12 CFR 560.160 (b) allows savings institutions to establish adequate (specific) valuation allowances for assets classified Loss in lieu of charge - offs.

After consideration of the expert valuation evidence, Harlequin was found to have overpaid ICE by $ 23,261,941: the difference between the payments to ICE and the value of the work done, less an allowance for the cost of the valuation process (had it been in place).