Tax Act and early debt extinguishment
, and fiscal 2019 includes a non-core gain from the termination of PGT Health Care joint venture with Teva Pharmaceuticals.
CVS said the decrease reflects a $325 million decline in operating profit and $187 million in losses on pension settlements, partially offset by the absence of a $101 million loss on early debt extinguishment
in the year-ago period.
The Case of Gains/Losses from Early Debt Extinguishment
," Accounting Review, November 2014, http://bit.ly/2fDztYy).
Community Bank System said that the USD 6.9m pre-tax loss was comprised of USD 32.4m of gains on the Treasury securities, USD 15.5m of losses on the trust preferred CDOs, and a USD 23.8m charge from the early debt extinguishment
GAAP earnings per share from continuing operations for the second quarter of 2011 included a loss from early debt extinguishment
of USD0.26 per share, Fiserv said.
In the latest quarter, Weyerhaeuser's total charges of $505 million - or $2.05 per share - were related to facility closures, asset impairment, a litigation settlement and early debt extinguishment
$3.5 million pretax charge for early debt extinguishment
, as well
However, with net interest expense increasing 5% to $105 million, other income tumbling 86% to $6 million and the 2015 span including a second quarter $60 million loss on early debt extinguishment
, pre tax income inched up 0.2% to $1.44 billion.
pretax items: a $51.8 million loss on early debt extinguishment
Factoring in the $521 million hit from early debt extinguishment
, year-to-date pretax income edged up just 0.8% to $5.49 billion.
Coal producer Arch Coal Inc (NYSE:ACI) said on Tuesday that it expects its earnings per diluted share on a GAAP basis to be between USD0.94 per share and USD0.98 per share, including amortisation of coal supply agreements and early debt extinguishment
costs, for full year 2010.