nonrecurring charge

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Nonrecurring charge

A one-time expense or credit shown in a company's financial statement.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

nonrecurring charge

An expense that is not expected to be encountered again in the foreseeable future.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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Also included in the net loss was a $1.4 million non-recurring charge related to a terminated financing transaction and a terminated effort to sell certain gas properties.
This non-recurring charge was a result of the reduction in the federal income tax rate to 21% from 35% under the Tax Cut and Jobs Act (the "Act"), enacted December 22, 2017, and is subject to change pending further review.
These developments were partially offset by lower net mortgage banking revenue, higher occupancy and equipment costs, and a non-recurring charge in the first quarter of 2014 related to state income taxes.
NORDIC BUSINESS REPORT-September 7, 2011--Stora Enso to register USD 180m non-recurring charge on US lease(C)2011 M2 COMMUNICATIONS http://www.m2.com
The deal is projected to immediately build on the buyera[euro](tm)s earnings, excluding the impact of amortisation of transaction-related intangibles and the non-recurring charge for acquisition costs.
Excluding a non-recurring charge of $8.5 million, Oneida's net income for the quarter was $10 million, compared with $5.7 million during the same period last year.
Bank Mutual said that these developments were partially offset by lower net mortgage banking revenue, higher occupancy and equipment expense, and for the year-to-date period, a non-recurring charge in the first quarter of 2014 related to state income taxes.
The cuts will be made at the beginning of next month, and will result in the company reporting a non-recurring charge of just under $5m for its fourth quarter, which ends April 30.
26 May 2010 - Finnish environmental management company Lassila & Tikanoja Oyj (HEL: LAT1V), or L&T, said today that it will recognise a non-recurring charge of EUR2.9 m in the second quarter of 2010, due to the planned shut down of its wood pellet operations.
Gish noted that operating results for the 1998 fiscal fourth quarter reflected the impact of a non-recurring charge of $827,000 related to costs associated with the discontinuation of the company's EZ Flow infusion pump.
The firm added that the developments were partially offset by lower net mortgage banking revenue and, for the year-to-date period, a non-recurring charge in 1Q14 related to state income taxes.
Additionally, National Penn announced that a non-recurring charge of approximately USD0.03 per diluted share will be included in the fourth quarter 2013 financial results.