Predecessor Period definition
Examples of Predecessor Period in a sentence
For the Predecessor Period reflects the customer relationships intangibles acquired through Hawk Parent’s acquisitions of PaidSuite, Inc.
The 2016 Predecessor Period, the Company incurred acquisition‑related costs for Superior of approximately $0.6 million.
For the Predecessor Period and Fiscal 2009, we recorded provisions for credit losses of $6.5 million on loans totaling $7.3 million, and $16.4 million on loans totaling $18.5 million, respectively, which are included in impairment of mortgage loans and long-lived assets in the consolidated statements of earnings (loss).
Amounts paid to Cerberus for these services totaled $0.2 million and $0.4 million during the Predecessor Period and Fiscal 2009, respectively.
We recorded a reduction of compensation expense of $0.7 million during the Successor Period, and recognized compensation expense of $0.9 million and $0.3 million in the Predecessor Period and Fiscal 2009, respectively, related to these awards.
The following table presents restructuring and severance charges for the Successor Period and Predecessor Period.
During the Predecessor Period and the Successor Period, we were likewise unable to express an intent and ability to hold the assets either to maturity or to recovery of their amortized cost basis due to the near term maturity of our senior debt.
Predecessor Period Goodwill Impairments and Assessment Factors The 2019 Predecessor impairment indicators were a result of lower activity levels and lower exploration and production capital spending that resulted in a decline in drilling activity and forecasted growth in all our reporting units.
The table below reflects the combination of the Predecessor Period from January 1, 2013 to June 7, 2013 and the Successor Period from June 8, 2013 to December 31, 2013.
These fees totaled $2.1 million and $1.2 million for the Predecessor Period and the Successor Period, respectively.