nonrecurring charge

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Nonrecurring charge

A one-time expense or credit shown in a company's financial statement.

Nonrecurring Charge

A charge, usually triggered by an extraordinary event, that appears on a company's financial statement only once. A nonrecurring charge is listed as an expense for the company and reduces its earnings for the time period covered in the financial statement. Most statements make it clear that a nonrecurring charge is a one-time event and does not reflect the company's broader financial health.

nonrecurring charge

An expense that is not expected to be encountered again in the foreseeable future.
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and the Securities & Exchange Commission, most member banks have reported a nonrecurring expense associated with the litigation liability during the fourth quarter of 2007," said J.
Ion chromatography sales declined slightly but, excluding the nonrecurring sales in Japan recorded last year, grew in low double digits.
60 cents per share, before nonrecurring charges, a favorable income tax settlement and a provision related to potential obligations for discontinued operations.
In performing this analysis, there are many pro forma adjustments that a valuation analyst will make to eliminate both nonrecurring revenue items, as well as unnecessary expense items.
During the third quarter, Shaw recorded a nonrecurring charge of $35.
However, the Tax Court said, the nonrecurring nature of the item did not affect the section 404 limits, as the IRS had argued.
The city's financial position has weakened over the years, marked by a continued reliance on nonrecurring revenues for operations and reduced financial flexibility.
Contractual severance pay to the former Chief Executive Officer and the operating expenses related to improving operational performance and restructuring the Company's finances, along with other special charges and income reported separately in the Company's financial statements, will be reported as nonrecurring items in this and future press releases.
Mohawk continued its string of record-breaking quarters with net earnings before nonrecurring charges for the quarter ended Dec.
Fourth-quarter operating earnings before nonrecurring charges were $105.
The Bank recorded a net loss of ($1,068,300) for the nine months ended September 30, 2006 (($938,500) before a nonrecurring loss on the sale of investment securities in the second quarter), compared to a net loss of ($1,282,600) for the nine months ended September 30, 2005 for a 17% improvement (27% before that nonrecurring loss).
After tax income, exclusive of nonrecurring items, increased to $895,000 or $.