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Adjustment Income

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Adjustment Income
In insurance, income paid to the survivors of a household's primary earner until they are able to make necessary lifestyle modifications. For example, suppose a husband works full time and makes $100,000 per year while a wife works part time and makes only $25,000 per year. If the husband dies, his life insurance policy may provide adjustment income over and above the death benefit until the wife can recover emotionally, find a full-time job, and make other changes.


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1 million of cost adjustment income associated with the layoff of approximately 60 salaried associates during the fourth quarter of 2008, $0.
In the second quarter of 2006, it reported non-cash stock compensation, amortization and depreciation of $455,000 along with derivative instrument income and translation adjustment income of $1,073,000.
The following details the tax equivalent adjustments in the above table: Three Months Ended September 30, 2004 2003 Interest Tax Adjusted Interest Tax Adjusted Income Adjustment Income Income Adjustment Income (Dollars in thousands) Loans $5,851 $19 $5,870 $6,094 $14 $6,108 Investments 2,040 120 2,160 1,333 163 1,496 Total $7,891 $ 139 $8,030 $7,427 $ 177 $7,604 CONTACT: Joseph T.
 
 
 
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