Adjusted Operating Profit definition
Adjusted Operating Profit means operating profit minus a cost of capital, as defined by the Company.
Adjusted Operating Profit means adjusted operating profit as reported in our earnings release for fiscal 2016.
Adjusted Operating Profit means operating profit for the applicable segment, as adjusted for one-time or other adjustments, consistent with those made to adjusted diluted earnings per share for reporting purposes. Adjusted operating profit for purposes of the ICP was also adjusted for corporate allocations and other adjustments in the amount of $4.4 million for our Climate Solutions segment and $16.2 million for our Power Transmission Solutions segment.
Examples of Adjusted Operating Profit in a sentence
The resolution of the dispute and the calculation of Adjusted Operating Profit that is the subject of the applicable Contingent Payment Calculation Objection Notice by the Independent Auditor shall be final and binding on the Parties absent Fraud or manifest error.
If the Seller Representative timely delivers a Contingent Payment Calculation Objection Notice, Purchaser and the Seller Representative shall negotiate in good faith to resolve the disputed items and agree upon the resulting amount of the Adjusted Operating Profit and the Performance Amount for the applicable Calculation Period.
Purchaser shall maintain books and records of the Company during the Calculation Period as is reasonably necessary to allow for the calculation of Adjusted Operating Profit.
More Definitions of Adjusted Operating Profit
Adjusted Operating Profit means the operating profit of Acquisition Sub for the 12 consecutive months ended December 31, 2002, 2003 and 2004, as applicable, computed in accordance with GAAP and the consolidated financial statements of PSC, and then adjusted as follows:*. Adjusted Operating Profit will be determined in accordance with Section 3 of this Exhibit B.
Adjusted Operating Profit means the Operating Profit of the Relevant Business calculated in accordance with US GAAP and as adjusted by application of the agreed adjustments and principles as set out in Schedule 1 provided always that all customer returns and credits issued by the Relevant Businesses shall be deducted from the calculation of Adjusted Operating Profit in the same Installment Period as the corresponding earnings.
Adjusted Operating Profit. ’ means operating profit excluding non-recurring items, restructuring
Adjusted Operating Profit means ATG Adjusted Revenue less GAAP cost of sales and operating expenses, but excluding stock based compensation expenses, restructuring charges and non-cash income tax expenses/benefits, if applicable. The payout percent is determined using the Adjusted Operating Profit Table.
Adjusted Operating Profit means, with respect to a given period, the Gross Profit for that period less the sum of (i) [*] for that period, as determined in accordance with GAAP; (ii) the amount obtained by multiplying (A) the applicable [*] for that period, times (B) the aggregate of all [*] for that period, as determined in accordance with GAAP; and (iii) any applicable [*] for that period.
Adjusted Operating Profit shall have the meaning set forth in the Senior Credit Documents as in effect at the date hereof.
Adjusted Operating Profit means operating profit/(loss) adjusted for amortisation of intangible assets acquired in business combinations, restructuring costs, movement in derivatives and associated financial assets and liabilities, equity accounted investments adjustments, net releases and changes in discount rates of fair value items, acquisition and disposal-related gains and losses, impairment of assets, and the impact of guaranteed minimum pension (“GMP”) equalisation on UK pension schemes. The Directors believe that the use of Adjusted Operating Profit provides a useful and more comparable measure of the ongoing performance of the Dowlais Group.