Return on Sales definition

Return on Sales means the percentage equal to the Company’s or a business unit’s Operating Income before incentive compensation, divided by the Company’s or the business unit’s, as applicable, revenue, determined in accordance with generally accepted accounting principles.

Return on Sales means as to any Performance Period, the percentage equal to the Company’s or a business unit’s Operating Income divided by the Company’s or the business unit’s, as applicable, Revenue.

Return on Sales means as to any Performance Period, the percentage equal to the Company’s or a business unit’s EBIT before incentive compensation, divided by the Company’s or the business unit’s, as applicable, Revenue, determined in accordance with generally accepted accounting principles.

Examples of Return on Sales in a sentence

• As determined by the Committee, the Performance Goals applicable to an award may provide for a targeted level or levels of achievement using one or more of the following measures: (a) Operating Income, (b) Pretax Income, and (c) Return on Sales.

• The Committee reserves the right to reduce or eliminate the Award for any reason, regardless of the amount or level of EBIT, Net Sales, Return on Sales, Same Location Sales Growth, and/or net income from continuing operations available to common shareholders excluding special items, as disclosed and discussed in the earnings release, that is achieved.

• Based on an analysis of articles published in the Strategic Management Journal between 1980 and 2004, we identify three distinct dimensions of organizational performance: accounting ROI, growth and change in market value (Combs, Crook & Shook, 2005).With regard to the organizational performance dimension, Combs, Crook and Shook (2005) recommend ROA (Return on Assets) and ROS (Return on Sales) as reliable indica- tors.

• Return on Sales • Negative return on sales based on EBITDA incurred throughout the POI.

• The bonus pool is calculated by applying the following two – step formula to each business unit or business group, as the case may be: Step 1: Fiscal Year Pre-Tax Profit - Hurdle Amount---------------------------------------------------------- = Pre-Tax after Hurdle Return on Sales percentage Net Sales Step 2: (Fiscal Year Pre-Tax Profit - Hurdle Amount) X Pre-Tax after Hurdle Return on Sales percentage =Bonus Pool Fiscal Year Pre Tax Profit is subject to numerous adjustments and is capped at 20% of sales.

More Definitions of Return on Sales

Return on Sales means as to any Performance Period, the percentage equal to the Company’s Net Income or the business unit’s Pro Forma Net Income, divided by the Company’s or the business unit’s Annual Revenue.

Return on Sales means as to any Performance Period, the percentage equal to the Company's Net Income or the business unit's Pro Forma Net Income, divided by the Company's or the business unit's Annual Revenue.

Return on Sales means as to any Performance Period, the percentage equal to the Company's or a business unit's EBIT before incentive compensation, divided by the Company's or the business unit's, as applicable, Revenue, determined in accordance with generally accepted accounting principles.

Return on Sales means the Company’s net after-tax income for the fiscal year in question divided by its net sales for such fiscal year, in each case as shown in the Company’s audited financial statements (provided that if there is any change in accounting standards used by the Company after the Grant Date, Return on Sales will be calculated without regard to such change). The Participant’s “Threshold ROS” is 1.8 percent; Participant’s “Target ROS” is 4.4 percent; and Participant’s “Maximum ROS” is 7.0 percent. If, at the end of the Performance Period, the Company’s Average ROS is equal to the Threshold ROS, the Participant will be entitled to receive fifty percent (50%) of the Target ROS Award; if the Company’s Average ROS is equal to the Target ROS, the Participant will be entitled to receive one hundred percent (100%) of the Target ROS Award; and if the Company’s Average ROS is equal to or greater than the Maximum ROS, the Participant will be entitled to receive two hundred percent (200%) of the Target ROS Award. If the Company’s Average ROS is otherwise between the Threshold ROS and the Maximum ROS, the number of Performance Shares that the Participant is entitled to receive will be calculated using a straight-line interpolation. If the Company’s Average ROS is less than the Threshold ROS, the Participant will not be entitled to receive any Shares as part of Participant’s Target ROS Award. In no event will the Participant be entitled to receive pursuant to this Agreement more than two hundred percent (200%) of the Target ROS Award.

Return on Sales means the ratio of the Company’s operating profit to Net Sales, expressed as a percentage, for the Award Period, as calculated by the Company in its sole and complete discretion.

Return on Sales means as to any Performance Period, the percentage equal to the Company’s or a business unit’s EBIT (after incentive compensation), divided by the Company’s or the business unit’s, as applicable, Revenue, determined in accordance with generally accepted accounting principles.

Return on Sales means the percentage equal to the Company's or a business unit's Operating Income before incentive compensation, divided by the Company's or the business unit's, as applicable, revenue, determined in accordance with generally accepted accounting principles.