Net Income Growth definition

Net Income Growth has the meaning set forth in the Statement of Management Objectives.
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Net Income Growth means, with respect to the Performance Period, the sum of the actual, reported non-GAAP net income growth of the applicable company for each year of the Performance Period divided by three.
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Net Income Growth means the annual growth of Net Income attributable to the shareholders of the Company determined in accordance with IFRS using the reported and audited figures in Euro for the financial statements prepared in accordance with IFRS. The growth rates for the former are determined at Constant Currency.For Net Income Growth, a target achievement of 100% is reached at an average annual Net Income Growth throughout the Performance Period of 7%. For a Net Income Growth between 0% to 7% and 7% to 14% the target achievement is linearly interpolated — see Figure 2. The target achievement for this Performance Target is capped at 200% for each year of the Performance Period. Figure 2 - Net Income GrowthIn case of changes to IFRS accounting principles in the year in which such policies become effective the relevant restated figures of the prior year should form the basis for the determination of the Net Income Growth. If such restatements will not be made, pro forma figures for the relevant year in which such changes become effective for the first time shall be calculated under the old regime with reasonable effort to determine the Net Income Growth.
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Examples of Net Income Growth in a sentence

  • Net Income Growth numbers between the numbers on the matrix, the Committee will interpolate to arrive at the earned award.

  • Following the end of each fiscal year in the Performance Period, the Committee will determine the percentage of Target Award RSUs that would be payable under the foregoing schedule for such fiscal year, based on the percentage of Target Net Income Growth attained and the Threshold and Maximum performance targets established by the Committee for that fiscal year.

  • Net Income Growth ($ in millions) *Includes a one-time gain from sale of branches of $1.3 million (after-tax).

  • A minimum (threshold) Return on Capital (Assets) or Return on Equity target will be established and must be met or exceeded before the Net Income Growth target can produce earned awards.

  • Efficiency Ratio, Non-Performing Asset Ratio, Net Income Growth, Return on Average Equity, Revenue Growth, and/or Tangible Book Value Per Diluted Share, as determined by the Committee in its discretion.

  • For Long-Term Performance Periods beginning on or after January 1, 2010: Efficiency Ratio, Non-Performing Asset Ratio, Net Income Growth, Return on Average Equity, Revenue Growth, and/or Tangible Book Value Per Diluted Share, as determined by the Committee in its discretion.

  • Revenue Growth Net Income Growth 2 86% CAGR 1 54% CAGR 1 EBITDA Growth 3 63% CAGR 1 Capital Expenditure Growth 94% CAGR 1 Historical Performance Historically, the Company was not subject to income taxes taxes due to its structure.

  • See Appendix for Non-GAAP reconciliation 6 Net Income Growth $ in Millions Interest Income Growth 7 Interest Income, Net Interest Income and NIM Trends Core EPS (1) Earnings Per Share and Adjusted Earnings Per Share Trends (diluted) (1) See Appendix for Non-GAAP reconciliation 8 Adjusted Efficiency Ratio Adjusted Efficiency Ratio Trends (1) (1) See Appendix for non-GAAP Reconciliation 9 Total Loans by Year and Current Annual Trend ($ in billions)(1) Loan Portfolio Growth (1) Includes loans held for sale.

  • Vallen's FY May 31, 1999 Vallen's FY May 31, 2000 Vallen's FY May 31, 2001 Results (Actual) Estimates Estimates Revenue $306 million Revenue $386 million Revenue $465 million Net Income $7.3 million Net Income $12 million Net Income $16.7 million ------------------------------------------------------------------------------------------- Net Income Growth 99 v.

  • The Corporation's "Net Income" as reflected in the Corporation's audited Consolidated Statements of Income for the relevant year shall be the basis upon which the attainment of the Net Income Growth for such year is determined, except that Net Income for 1991 shall be deemed to have been $18,400,000 for these purposes.


More Definitions of Net Income Growth

Net Income Growth means the three-year average growth rate of the Company’s net income (i.e. net income attributable to WESCO International, Inc.), as reported in the Company’s financial statements in accordance with generally accepted accounting principles or any other accounting reporting system under which the Company is required to report its financial statements for the 2014, 2015 and 2016 fiscal years. However, in calculating Net Income Growth, the Committee may exclude certain items that are not indicative of ongoing results. Examples of items that may be excluded from calculating Net Income Growth include, but are not limited to: “strategic” items (charges or credits related to the high-level strategic direction of the Company, such as restructurings, acquisitions, divestitures, the purchase or sale of equities, and the issuance or payment of debt); “regulatory” items (charges or credits due to changes in tax or accounting rules); “external” items (charges or credits due to external events such as natural disasters); and “other” significant unusual, nonrecurring or rare items (such as charges or credits due to litigation or legal settlements, the disposal of assets or asset impairment). The Committee has determined that the attainment of specified levels of net income attributable to WESCO International, Inc. is a specific milestone in connection with the Company’s strategic initiatives.
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Net Income Growth means the three-year average growth rate of the Company’s net income (i.e. net income attributable to common stockholders), as reported in the Company’s financial statements in accordance with generally accepted accounting principles or any other financial reporting framework under which the Company is required to report its financial statements (subject to possible exclusions or adjustments as described below). The calculation of the three-year average Net Income Growth rate is as follows: [[20__ Net Income – 20__ Net Income]/20__ Net Income] x 100 = Year 1 Growth Rate % [[20__ Net Income – 20__ Net Income]/20__ Net Income] x 100 = Year 2 Growth Rate % [[20__ Net Income – 20__ Net Income]/20__ Net Income] x 100 = Year 3 Growth Rate % [Year 1 Growth Rate % + Year 2 Growth Rate % + Year 3 Growth Rate %]/3 = three-year average Net Income Growth rate In calculating growth in RONA and Net Income Growth, the Committee may exclude or adjust for certain items that are not indicative of ongoing results or are otherwise appropriate for comparability purposes. The exclusion or adjustment for certain items may result in the calculation of RONA and Net Income Growth that differs from reported results in accordance with generally accepted accounting principles. Examples of items that may be excluded from or adjusted in calculating growth in RONA and Net Income Growth include, but are not limited to: “strategic” items (investments, charges or credits related to the high-level strategic direction of the Company, such as restructurings, acquisitions, divestitures, integration or transformation activities and costs, the purchase or sale of equities, and the issuance or payment of debt); “regulatory” items (charges or credits due to changes in tax or accounting rules); “external” items (charges or credits due to external events such as natural disasters); and “other” significant unusual, nonrecurring or discrete items (such as charges or credits due to litigation or legal settlements, the disposal of assets or asset impairment, other adjustments). Delivery: Vested PSUs will be settled by delivery of Shares as soon as practicable after the earlier to occur of: (1) the Vesting Date; or (2) a Change in Control. PSUs shall be subject to tax withholding in accordance with Section 12(d)(i) of the Plan. In no event will settlement occur later than March 15 of the calendar year immediately following the completion of the Performance Period.
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Net Income Growth means the three-year average growth rate of the Company's net income (i.e., net income attributable to WESCO International, Inc.), as reported in the Company's financial statements in accordance with generally accepted accounting principles or any other accounting reporting system under which the Company is required to report its financial statements for the 2012, 2013, and 2014 fiscal years. However, in calculating Net Income Growth, the Committee may exclude certain items that are not indicative of ongoing results.
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Net Income Growth means the annual growth of net income attributable to the shareholders of the Company determined in accordance with IFRS usingthe consolidated reported and audited figures in Euro for the financial statements prepared in accordance with IFRS. The growth rates for the former are determined at Constant Currency.
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Related to Net Income Growth

  • Net Income means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends.

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

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

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Adjusted Capital and Reserves means the aggregate of:

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • Adjusted EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.