Adjusted NOPAT definition
Adjusted NOPAT means net operating profit after tax, as adjusted (net of tax where applicable) to exclude the effects of the following items:
Adjusted NOPAT means NOPAT as adjusted (net of tax where applicable) to exclude certain items, including the following:
Adjusted NOPAT means adjusted net operating profit after tax calculated in a manner generally consistent with the calculation in use as of the date of this Award for “adjusted net income attributable to ▇▇▇▇▇▇▇▇▇▇▇” as externally reported by the Company (or such substantially similar metric as is otherwise defined by the Company), adjusted for the following items (net of tax where applicable):
(i) Income attributable to non-controlling interests, which shall be included;
(ii) Interest income, losses, or impairments on corporate investments and interest expense on corporate debt, which shall be excluded;
(iii) Changes in tax law or regulation or accounting pronouncements in United States GAAP or applicable international standards that cause an inconsistency in computation as originally designed, which shall be excluded;
(iv) The effect of acquisitions during the Measurement Period, which shall be excluded for the duration of the Measurement Period; and
(v) Other items to be included or excluded as approved by the Compensation and Management Development Committee of the Board of Directors.
Examples of Adjusted NOPAT in a sentence
Adjusted NOPAT free cash flow and adjusted return on invested capital Please see the next two slides for definitions of these items.
More Definitions of Adjusted NOPAT
Adjusted NOPAT means, in constant currency, GAAP operating income less cash taxes attributable to the applicable
Adjusted NOPAT means, in constant currency, GAAP operating income less cash taxes attributable to the applicable period and excluding amounts for the following to the extent included in GAAP operating income: • the impact of contingent consideration and option arrangements from acquisitions • transition and integration costs from acquisitions including compensation expense from earn-outs or other deal consideration • amortization of acquired intangible assets • the results of acquired businesses if such acquisition was not included in arriving at the FY16 Constant Currency Adjusted NOPAT Target • non-recurring or unusual items such as discontinued operations, restructurings meeting the GAAP definition restructuring costs, and certain asset impairments • any variance between actual and target for major organic long-term investments (Columbus, Most of World, platform development, and Post-Merger Integration) and realized gains or losses on currency hedging contracts