Adjusted Pretax Earnings definition

Adjusted Pretax Earnings means the Company’s pretax earnings in Fiscal 2013, calculated in accordance with the generally accepted accounting principles followed by the Company in the preparation of its financial statements, less any accruals made for any Potential Bonus Awards under this 2013 Plan.
Sample 1
Adjusted Pretax Earnings means with respect to any fiscal year ending period of the Company, the audited consolidated earnings before all income taxes of HoT-Bermuda and its Affiliates, less extraordinary income and capital gains, and plus extraordinary expenses and capital losses, as such terms are defined by generally accepted accounting principles. With respect to the fiscal year ending February 28, 1998 and the Company's fiscal year during which the Expiration Date occurs, Executive's Incentive Compensation under the Award shall equal to the product of (i) the Incentive Compensation he would have received for the entire fiscal year, multiplied by (ii) a fraction, the numerator of which is the number of days during such fiscal year in which Executive was an employee of the Company or its Affiliates, and the denominator of which is the number of days in such fiscal year. All other provisions of the Award shall be subject to the terms and conditions of the Bonus Plan
Sample 1
Adjusted Pretax Earnings means the Company’s pretax earnings in Fiscal 2012, calculated exclusive of (i) accruals for any Bonus Awards that may be earned under this 2012 Plan and (ii) stock-based compensation that is recognized for financial reporting purposes in the Company’s consolidated financial statements for Fiscal 2012, each of which will be determined in accordance with the generally accepted accounting principles followed in the preparation of those financial statements.
Sample 1

Examples of Adjusted Pretax Earnings in a sentence

  • Adjusted Pretax Earnings should not be considered an alternative to Earnings from Continuing Operations Before Income Taxes or any other performance measure derived in accordance with GAAP.

  • Effective tax rate defined as (Adjusted Tax Expense / Adjusted Pretax Earnings) 2 End-of-year metrics.

  • Here, as in Allegheny Energy, Applicants propose an offer to sell a short-term product in lieu of actual divestiture.

  • The Committee has determined that the Potential Bonus Awards that Plan Participants can earn under this Plan will be based on the Company’s Fiscal 2013 Adjusted Pretax Earnings, provided that no Bonus Award will be earned by or paid to any Participant under this Plan unless the Company’s Fiscal 2013 Adjusted Pretax Earnings are equal to at least a specified minimum dollar amount (the “Threshold Performance Goal”) determined by the Committee on the date of the adoption of this Plan.

  • The performance goal for 2008 (the "Performance Goal") shall be met if Adjusted Pretax Earnings for 2008 equals or exceeds 75% of Adjusted Pretax Earnings for 2007.

  • Project: As identified by the Long Range Planning Study, Live Oaks School has not had any major renovations since the school was built in 1961.

  • The Committee has determined that the Potential Bonus Awards that Plan Participants can earn under this Plan will be based on the Company’s Fiscal 2012 Adjusted Pretax Earnings, provided that no Bonus Award will be earned by or paid to any Participant under this Plan unless the Company’s Fiscal 2012 Adjusted Pretax Earnings are equal to at least a specified minimum dollar amount (the “Threshold Performance Goal”) determined by the Committee on the date of the adoption this Plan.

  • If the Performance Goal is achieved, the maximum amount of Bonuses which may be paid to Participants in the Program shall equal 1.5% of Adjusted Pretax Earnings for 2008 (the "Bonus Pool").

  • For purposes of this Agreement, the term "Adjusted Pretax Earnings" shall mean with respect to any fiscal year ending period of the Company, the audited consolidated earnings before all income taxes of HoT-Bermuda and its Affiliates, less extraordinary income and capital gains, and plus extraordinary expenses and capital losses, as such terms are defined by generally accepted accounting principles.

  • Under the Award, (i) no Incentive Compensation shall be payable to Executive for any fiscal year unless the Adjusted Pretax Earnings for such fiscal year exceeds $30 million, and (ii) for each fiscal year of the Company during the term of this Agreement in which Adjusted Pretax Earnings for such fiscal year exceeds $30 million, Executive shall receive a bonus equal to the sum of (A) $100,000, plus (B) three percent (3%) of the excess of Adjusted Pretax Earnings for such fiscal year over $30 million.


More Definitions of Adjusted Pretax Earnings

Adjusted Pretax Earnings means the Company’s pretax earnings in Fiscal 2014, calculated in accordance with the generally accepted accounting principles followed by the Company in the preparation of its financial statements, less any accruals made for any Bonus Awards that are expected to become payable under this 2014 Plan.
Sample 1
Adjusted Pretax Earnings means the Company’s earnings before income taxes and non-cash stock based compensation expense in Fiscal 2015. For purposes of determining Adjusted Pretax Earnings, income before taxes will be calculated in accordance with generally accepted accounting principles consistently applied.
Sample 1

Related to Adjusted Pretax Earnings

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • EBITA means for any period, operating profit (loss) plus (i) amortization, including goodwill impairment, (ii) amortization of non-cash distribution and marketing expense and non-cash compensation expense, (iii) restructuring charges, (iv) non-cash write-downs of assets or goodwill, (v) charges relating to disposal of lines of business, (vi) litigation settlement amounts and (vii) costs incurred for proposed and completed acquisitions.

  • Adjusted Consolidated Net Income means, for any period, Consolidated Net Income for such period plus the sum of the amount of all net non-cash charges (including, without limitation, depreciation, amortization, deferred tax expense and non-cash interest expense) and net non-cash losses which were included in arriving at Consolidated Net Income for such period, less the amount of all net non-cash gains and non-cash credits which were included in arriving at Consolidated Net Income for such period.

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Excess Earnings means, with respect to Mortgage Loans held in any subaccount of the Acquisition Account or the Loan Recycling Account established in connection with a Series of Tax- exempt Bonds, the "excess earnings," as defined in Treasury Regulations § 1.148-10T, with respect thereto.

  • Final Average Earnings means the earnings used to determine benefits under this Plan as further described in Article 7.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, and certain other expenses (income). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, and certain other non-cash expenses (income) incurred or recognized by the Company from time to time. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Adjusted Funds From Operations means, for any period, Net Cash Flows From Operating Activities for such period plus Interest Expense for such period minus (x) the portion (but not less than zero) of Net Cash Flows From Operating Activities for such period attributable to any consolidated Subsidiary that has no Debt other than Nonrecourse Indebtedness and (y) After-Tax Transitional Funding Instrument Revenue for such period.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Adjusted Net Operating Income means, with respect to a Property for any given period, Net Operating Income of such Property for such period minus Capital Reserves for such period.