Gross Profit Dollars definition

Gross Profit Dollars means as to any Fiscal Quarter or Fiscal Year, the Company’s or a business unit’s revenue less cost of goods sold, determined in accordance with generally accepted accounting principles.
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Gross Profit Dollars means gross Sales net of returns and customary allowances less the actual (specifically identifiable) product cost (the "Costs") determined in accordance with generally accepted accounting principles whether or not consistent with IDP's past accounting practices. For the purpose of calculating the Earn-Out Payment, separate books and records shall be maintained by WMT with respect to the Sales and Costs. Such books and records shall be maintained in accordance with WMT's company-wide accounting principles and generally accepted accounting principles whether or not consistent with IDP's past accounting practices. Bynder and Xxxxxxx will be entitled to reasonable rights to audit the Earn-Out Payment. Upon receipt of the Calculation from WMT, Bynder and Xxxxxxx shall have ten (10) business days in which to request in writing that WMT deliver within thirty (30) business days of such request the books and records, and back up invoices and schedules, to Bynder and Xxxxxxx or their accountants to confirm the calculation. If, within ten (10) business days, Bynder and Xxxxxxx do not request such books and records or if within ten (10) business days after receipt of such books and records Bynder and Xxxxxxx do not object to such Calculation, WMT shall deliver instructions to its transfer agent to issue and deliver to Bynder and Xxxxxxx the Shares of WMT Common as soon as reasonably practicable. If Bynder and Xxxxxxx request such books and records and within ten (10) business days after receipt of such books and records, Bynder and Xxxxxxx object in writing to WMT of the Calculation, WMT, Bynder and Xxxxxxx shall work together in good faith to see if they can reach an agreement on the appropriate Earn-Out Payment. If within fourteen (14) days the parties have not reached an agreement, the parties shall choose a nationally recognized accounting firm mutually agreed upon by WMT, Bynder and Xxxxxxx who shall calculate the amount, or if no such agreement can be reached, then each of WMT, Bynder and Xxxxxxx shall appoint one nationally recognized accounting firm, which accounting firms shall pick an additional nationally recognized accounting firm to which such disputes shall be referred. In the event that either WMT, Bynder or Xxxxxxx shall fail to select a nationally recognized firm in accordance with the provisions of this subsection within thirty (30) days after notice by the other party that such selection should be made, and such other party has selected a nationall...
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Gross Profit Dollars means Net Sales less Cost of Sales;
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Examples of Gross Profit Dollars in a sentence

  • Xxxxxxx ("Xxxxxxx"), an earn-out payment to be paid to Bynder and Xxxxxxx if the Gross Profit Dollars (as defined in paragraph 2) of the International Data Products division of WMT during such period exceeds $2.4 million (the "Earn-Out Payment").

  • The Company’s Gross Profit Dollars from ADS Operations shall be calculated as a percentage of the Company’s Gross Profit Dollars from ADS target of $[**] million (the “Actual ADS Percentage”).

  • The Purchaser shall have a period of 20 days after delivery of the Representative's proposed calculations of the Actual Gross Profit Dollars, Final Consideration and the Final Per Share Consideration to review such proposed calculations.

  • For example, assume that Hardware Gross Profit Dollars equal $400,000 for the six month period ended June 30, 1996 and that Hardware Gross Profit Dollars equal $1,250,000 for the twelve month period ended December 31, 1996.

  • As another example, if the Star Gross Profit Dollars for the first year are $4,500,000, the first Earn-Out Payment would be $1,000,000 and the $500,000 excess would be carried forward and added to the Star Gross Profit Dollars for the second year to determine the Earn-Out Payment.

  • If the Star Gross Profit Dollars for the second year are $3.75 million, the second Earn-Out Payment would equal $1,000,000 (i.e., $750,000 for achieving the $3.50 million threshold in the second year plus $250,000 as a cumulative make up payment).

  • We used 1/2- or 1/4- strength Hoagland's solution for lower level nutrient conditions.

  • In addition, to the extent that the 2011 Participation Payment was reduced pursuant to Section 7.3(a) above, and the 2012 Gross Profit Dollars exceed the 2012 Gross Profit Dollar Base, then Sellers shall have the right to receive back an amount of the reduction to the 2011 Participation Payment up to a maximum of the difference between (i) the 2012 Gross Profit Dollars, minus (ii) the 2012 Gross Profit Dollar Base.

  • The report will also show the Gross Profit Dollars and Gross Profit percentage that this technician has generated.

  • The number we are focusing on is the percentage that Wages are of Gross Profit Dollars.


More Definitions of Gross Profit Dollars

Gross Profit Dollars means the revenue from GPS hardware, software, airtime, engineering, development, installation and support less cost of goods sold for GPS hardware, software, airtime, engineering, development (as they relate to customer changes and additions), installation, sales commissions and support ("Gross Profit Dollars"). The eligible Gross Profit Dollars used in the calculating the Earn Out Shares would be reduced by the following percentages in each year following the Closing: Year 1 47.50%; Year 2 22.50%; Year 3 10.00%. Purchaser shall calculate the Gross Profit Dollars within forty-five (45) days of the close of each calendar quarter. Gross Profit Dollars shall be calculated in accordance with generally accepted accounting principles applied upon a consistent basis and the final accounting information relied upon in preparing the quarterly or annual financial statements of Purchaser shall be determinative for the purposes of this Agreement. The payment of the Earn Out Shares shall be made, if at all, within three (3) years of the Closing and shall be allocated as follows: 95% to Seller shareholders; 5% to AppsCafe; provided, however, the participation of AppsCafe is contingent upon the continued consulting or employment of Txxxxx and Dxxxxxx either through AppsCafe or directly with Purchaser or DLGI on no less than a half-time basis.
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Gross Profit Dollars for purposes of this Award shall mean consolidated gross profit dollars calculated by taking net sales in dollars and subtracting cost of goods sold in dollars during any year, as determined using generally accepted accounting principles applicable to the United States and as set forth in consolidated annual financial statements of the Company, properly prepared and finalized.
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Gross Profit Dollars from the ADS Operations shall mean revenue from the ADS Operations in fiscal year 2009 less cost of goods sold attributable to the ADS Operations in fiscal year 2009. In the case of revenues, such amounts shall be calculated based on revenue generated by ADS services. In the case of cost of goods sold, such amounts shall be based on a reasonable allocation of cost of goods sold to operations associated with the ADS Operations as determined by Akamai’s Finance organization and reported to the Compensation Committee of the Board of Directors.
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Gross Profit Dollars means revenues from the sales of the current and future products and services of the Acquired Companies, regardless of which sales channel or entity of the Company, the Purchaser, the Parent or their Affiliates such products and services are sold through, minus the associated cost of sales of such products and services. All revenues and costs shall be calculated in accordance with U.S. GAAP applied on a basis consistent with past practice and the Management Plan.
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Related to Gross Profit Dollars

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Gross Profits means the gross profits calculated under section 4;

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

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

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • 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.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarially equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or qualified joint and survivor annuity) to which the Member would be entitled under the terms of the plan assuming:

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • 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.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • 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.

  • Final average salary means whichever of the following is greater:

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • 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;

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.