Adjusted Gross Profit definition

Adjusted Gross Profit means gross profit adding back site and warehouse depreciation. ‘Airtel’ means Airtel Africa.

Adjusted Gross Profit means gross profit adding back site and warehouse depreciation.

Adjusted Gross Profit means the amount which is equal to Net Sales less Material COGs.

Examples of Adjusted Gross Profit in a sentence

• Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income, Adjusted Gross Profit and Adjusted Selling and Administrative Expense measure performance by adjusting EBITDA, GAAP net income, gross profit and selling and administrative expense, respectively, for certain income or expense items that are not considered part of our core operations.

• Non-GAAP Adjusted Gross MarginSet forth below is a presentation of our “Non-GAAP Adjusted Gross Profit” and “Non-GAAP Adjusted Gross Margin,” which represents Non-GAAP Adjusted Gross Profit as a percentage of total revenue.

• We use Adjusted Gross Profit as a key performance indicator in managing our business.

• We define Adjusted Gross Profit as sales, less cost of sales, plus depreciation and amortization, plus amortization of intangibles, and plus or minus the impact of our LIFO inventory costing methodology.

• We have included both financial measures compiled in accordance with GAAP and certain non-GAAP financial measures, including Adjusted Gross Profit, Adjusted Operating Income, Adjusted Net Income, Adjusted EBITDA, Adjusted Net Income from continuing operations per share (Adjusted EPS), Adjusted Capital Expenditures, Free Cash Flow and ratios based on these financial measures.

More Definitions of Adjusted Gross Profit

Adjusted Gross Profit means the Gross Profit of the Business for each Earn-Out Period, minus (i) the Gross Profit of the Business relating to sales of CNG Units in the U.S. during such Earn-Out Period, plus (ii) an amount equal to 38% of the sales price for the Base Units sold in the U.S. during such Earn- Out Period, plus (iii) an amount equal to 19% of the sales price for the Additional Units sold in the U.S. during such Earn-Out Period. In addition, Gross Profit generated during any Earn-Out Period from any Post-Closing Acquisition will be included in the calculation of Adjusted Gross Profit for such Earn-Out Period, provided that a reasonable amount will be deducted from such Adjusted Gross Profit for costs and expenses relating to any such Post-Closing Acquisition.

Adjusted Gross Profit means gross profit, adding back site depreciation.

Adjusted Gross Profit means: (i) Net Sales; minus (ii) Product Cost; minus (iii) Partner Profit Split.

Adjusted Gross Profit or “AGP” means (a) Net Sales less the Purchase Price and (b) Net Licensing Revenues, collectively, in excess of the Legal Recovery Amount.

Adjusted Gross Profit means net product sales of the Company, determined in accordance with GAAP and Section 4.4(e), less the cost of sales related to such net product sales, computed in accordance with GAAP and Section 4.4(e), including royalty expense; customs / duties; freight expense (inbound / outbound), net of inbound freight costs capitalized in inventory; China quality inspection costs; and product re-work costs, which are mutually agreed-upon by the parties, as described in Section 4.4(e) and/or summarized in the Adjusted Gross Profit Methodology posted to Dataroom at Index #7.7, which Adjusted Gross Profit Methodology may be amended, from time to time, with the written approval of all of the Members. For the avoidance of doubt, customer returns, or other deductions off invoice shall be included in Adjusted Gross Profit while bad debt expense or provisions for doubtful accounts are and shall be reported in operating expenses and excluded from Adjusted Gross Profit.

Adjusted Gross Profit means, for any period, an amount equal to (i) Revenue for such period, determined in accordance with GAAP and consistent with past practice, less (ii) costs of Revenue for such period, in each case, to the extent applicable, subject to the Revenue Adjustments.

Adjusted Gross Profit for IHSE for fiscal year 2017 means Adjusted Total Output less cost of materials adjusted for first time consolidation effects IHSE USA, LLC from release of hidden reserves in inventories from purchase price allocation and write-down of customer demonstration inventorires in connection with the accouting policy unification;